Swing projection targets and support-backed put sales

Two gates in one worksheet

The archive records a historical energy-stock worksheet that starts with labeled swings and ends at a conditional short-put watchlist.

TradersWeek editorial reading: teach the worksheet as two gates. First project several Fibonacci projection CD endings from labeled A-B-C swings. Then allow an Option income strategy short-put hypothesis only if panic tape and a pre-drawn Support and resistance ladder agree.

Confirm A, B, and C first

Three completed swings are labeled A, B, and C before an undetermined CD termination is projected.

A swing high or low is accepted only after price has moved far enough in the opposite direction to confirm a new swing.

Four CD endings from mild to wild

CD endings are calculated with four Fibonacci projection multipliers: 0.618, 1.000, 1.382, and 1.618. The set spans mild to wild trend strength.

Those projection formulas are treated as general location tools, not exact turning-point calls.

What the energy-stock sheet printed

In the energy-stock worksheet, the 0.618 projection was 39.97 and the 1.00 projection was 18.28 against a close of 37.77.

The 1.382 and 1.618 projections printed below zero.

TradersWeek editorial reading: below-zero 1.382 and 1.618 prints are unused CD locations on that sheet, not extra targets to force onto the chart.

Support rungs after 0.618

After the 0.618 level had already been passed, the next mapped supports were 30.88 and then 24.57.

TradersWeek editorial reading: those rungs are the second gate's Support and resistance map. They are not a substitute for the Fibonacci projection step that came first.

A candidate panic low

A candidate panic low is defined by wide-range high-volume bars, Keltner bands at 4.00 and 7.00 standard deviations from a 40-period average, a reversal bar closing in the upper 70 percent of its range, a multi-year detrend-oscillator extreme, and location near those supports.

Matching patterns in related energy groups are treated as further confirmation before a short-put watchlist is assembled.

TradersWeek editorial reading: treat that panic list as a joint filter with the support ladder, not as a menu of optional extras.

Only then a short-put watchlist

The illustrated Option income strategy sells short-dated expensive puts struck below a strong support with room for back-and-fill.

One example uses a one-to-two-month 20 or 22.50 strike if price exhausts near 28 beneath 24.57 support.

TradersWeek editorial reading: the example is a classroom hypothesis that opens only after both gates agree. It is not a standing order and not a performance claim.