Hypothesis. Retests of prior swing highs and lows resolve as continuation or reversal at measurable, regime-dependent rates. Edge is a winsorized (5/95) mean against a matched baseline; significance by Welch t and Mann–Whitney U; p-values Benjamini–Hochberg corrected across each study's parameter grid; overlapping events de-duplicated before statistics. Every signal carries per-regime success counts and its own fitted forward-return distribution.