The Alpha Ledger

The Alpha Ledger

Updated: The Alpha Ledger, January 9, 2026, Pre Qualified Opportunity Field

IMPORTANT NOTE FROM THE DESK INCLUDED

Jan 10, 2026
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Note from the desk. We added Open Field to separate signal strength from terrain quality. Momentum Dynamics can flag strong names, but a strong name can still be crowded into a zone where price tends to stall and churn. Open Field calls out when the map is cleaner on a monthly and annual basis, so momentum has room to express without immediate friction.

A quick word on Fibonacci pivot points, or fib pivots. These are reference levels calculated from the prior period’s range using Fibonacci ratios to map balance and distance across timeframes. The Pivot marks balance. R levels are resistance. S levels are support. In Fibonacci pivot points, R2 is derived from the 0.618 ratio, the inverse of the golden ratio, which is why it often behaves like a meaningful boundary in real trading.


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