tradeable probability, Stretch price rotation, (3, -1),

6 Dec Dec YM price rotation projecting strategy basis the Stretch calculation and (3, -1): Fading the first move by the Stretch (26=X) calculation and projecting 3X.

Open, 11363+26=11389 (high:11390). From 11389, prices reversed down 74 points. 3X = 78. 11389-78= 11311 (6 Dec low: 11315). Therefore, with the trend (3,-1) and counter-trend (3, -1), (3, -2), and (3, -3).
Today, again, the tradeable probabilities of this intra-day equity index trading strategy produced profits.
Note: at 12:00PDT the snapback reaction from the 11315 low was +65 points which is three ticks from 2.618% of the Stretch (26) calculation, i.e., 68.

3 Dec Note:
3 Dec YM: Stretch 23=X, 1.618X=37, 2.618X=60 and 4.25X=97. FRIDAYS tend to be 2-WAY trading ranges. On 3 Dec YM printed 14 reversals = or >23.
One reversal was withing a tick of X.
5 reversals were within one tick of 1.618X (2 were 4&6 pts < 1.618X);
2 reversals were 7 ticks of 1.618X, another was 9 ticks away from 1.618X.
1 reversal was 3 ticks above 2.618X and 1 was 13 pts > 2.618X.
1 reversal was within 5 ticks of 4.25X.
3 Dec Friday at 3:44pm ·