Price change from the standardized reference point.
FORWARD EVIDENCE
Forward Evidence
Every observation. Same measurement. Nothing rewritten.
This page will show the prospective outcome record created only from genuine PAL observations after they occur. Historical examples remain separate.
CURRENT STATE
Forward evidence is being collected.
We will not fill this page with legacy trade statistics or placeholder performance numbers. Public statistics appear only when the current outcomes pipeline produces them under the active contract.
PAL observations are being preserved now. Their later market behavior is measured only when the corresponding fixed horizon becomes available.
WHAT WILL BE MEASURED
More than a single return number.
The purpose of the record is to show the full shape of what happened after an observation, not to manufacture a simplified success label.
Maximum favorable excursion reached during the measured horizon.
Maximum adverse excursion reached during the measured horizon.
Observation return compared with SPY over the same period.
MEASUREMENT CONTRACT
Same clock. Same rules.
Measurement begins at the next official U.S. regular-session open after the observation.
Every observation is measured at 1 / 3 / 5 / 10 / 20 / 40 / 60 sessions. No convenient endpoint is selected later.
The current PAL contract measures subsequent market behavior. It does not model a stop, target, position sale or trade exit.
Forward observations remain multi-dimensional evidence rather than being reduced to a binary label.
Published observations and their later outcomes stay part of the record instead of being rewritten after the fact.
No cherry-picked endpoint.
No rewritten history.
Just the evidence.