Kalendoscope is a software application designed exclusively for technical market analysis and analytical support. Please read the following carefully before using our services:

1. **Not Financial Advice:** Kalendoscope does not provide financial, investment, legal, or tax advice. Any market data, pivot point calculations, or indices displayed within the application are for informational and analytical purposes only. They do not constitute a recommendation to buy, sell, or hold any financial instruments, commodities, or derivatives.

2. **User Responsibility:** All trading decisions are the sole responsibility of the user. You are responsible for conducting your own independent research and consulting with a qualified professional financial advisor before making any investment or hedging decisions.

3. **Performance Disclosure:** The market data and pivot calculations provided by Kalendoscope are based on mathematical models and historical trends. Past performance, whether indicated by our algorithms or general market history, is not indicative of future results. Market volatility can result in significant financial loss.

4. **Independent Analysis:** Kalendoscope is not a registered financial advisor, broker-dealer, or investment management firm. We do not manage client funds, nor do we provide discretionary trading services.

5. **No Guarantees:** While we strive for technical accuracy and precision in our algorithms, Kalendoscope does not guarantee the accuracy, completeness, or timeliness of the data provided. Use our tools as a component of your overall decision-making strategy, not as the sole basis for your trading activities. By accessing or using Kalendoscope, you acknowledge and agree that you are using this tool at your own risk.