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# YMZ1, (3, -1) formula, Stretch price rotations, Oct 6, 13, 14, 17, 18, 19

Thanks for the www.mypivots platform Guy,
Here's the formula, (3, -1) where fading the first move is represented by (-1) and the price measurement objective, in the opposite direction is thrice that number (or three Stretch calculations added to that faded price level.

19 October: Basis YMZ1 (Dec \$5 Dow) and the (3, -1) formula ... Where (-1) equals fading the Stretch calculation measured from unchanged and (3) is of (3, -1): Fading the level ... Stretch (64) + previous settlement = short strategy = 11566 + 64 = 11630 (11629 short YMZ1)risked up to 1.618 of the (and 7 pts above 11669, I.e., 11676) Stretch calculation .... price measurement objective fade 1st Stretch (64 pts) price move from 10566... 11566+64=11630, i.e., fade= (-1) target 11477. 11418= low.11566+64= fade @ 11630=(-1) of (3, -1); (3) of (3,-1) = 11669-64-64-64 = 11477. 11669-64-64-64-64=11413. 19 October low = 11405.

18 October: Basis YMZ1 (Dec \$5 Dow) and the (3, -1) formula ... Where (-1) equals fading the Stretch calculation measured from unchanged and (3) is of (3, -1): Trading from unchanged, 11295, and fading (counter trend) the Stretch price action from unchanged, 11301 - 52 = 11249. 11249 + 52 + 52 + 52 = 11405. (11301 - 1.618% of the Stretch = 11301 - 84 = 11217. 11219 was the low 18 October; and 11219 + 1.618% + 1.618% + 1.618% of the Stretch = 11219 + 84 84 + 84 = 11471. 18 October high = 11590).).

17 October: Basis YMZ1 (Dec \$5 Dow) and the (3, -1) formula ... Where (-1) equals fading the Stretch calculation measured from unchanged and (3) is of (3, -1): 11566 = 64 = 11630 (risked 11566 +1.618% Stretch = 11566 + 103 = 11669 plus a few points. 11566 + Stretch = fade, i.e., (-1) of (3, -1). 11669 (11658 = high)... 11669 - 64 - 64 -64 = 11477. Low = 11295. (3, -1) price measuring projection satisfied. NOTE: 11658 - 1.618% Stretch - 1.618% Stretch - 1.618% Stretch = 11658 - 106 - 106 - 106 = 11340. \$:-)

{14 October: Basis YMZ1 (Dec \$5 Dow) reversed at ... previous settlement less the Stretch = 11359 (11355 - 0.618% of the Stretch) and then reversed uni-directionally to close up 174 pts.}

‎13 October: The YMZ1 (December \$5 Dow) trading was a uni-directional day, nonetheless, the (3, -1) formula can be considered .... Trading from the open (not unchanged) ... 11422... 11422 + (0.618% of the Stretch calculation) = 11422 + (40) = 11462. 11476 = the high. 11476 - 40 - 40 - 40 = 11342. 11312 = low. The (3, -1) formula price action is printing price measurements, and satisfying those measurements, again. ;-)

6 October: First move reversed at 0.618% of the Stretch calculation (87) and reversed higher... 10838 - 53 = 10785. 10787 was the 6 October low. 10787 + 87 + 87 + 87 = 11048... 11065 was the 6 October high.
Oooops,.... (3, -1) ... where (-1) represents the move to be faded, which is faded by three of that initial Stretch ratio (and sometimes more, i.e., 1.618% of the Stretch).
Thanks for sharing your analysis .