US cash open: SPY -1.1%, F&G 62 neutral deploy 55%/60%. 20 names all -6% stops live. No STOP_HIT, no +8/+12 ladder, no headroom release. Skip new long — over max~7 names; wait for ladder/stop or trim funding. Rails hold.
Neutral cycle: equity +1.73%, deployed 55.5%/60% target. All -6% stops live. No STOP_HIT, no +8/+12 ladder. 20 names — skip new long (replace-dont-stack). GEN +6.5% closest to ladder. Hold cash headroom.
US cash open: neutral deploy 55%/60%. No STOP_HIT; ladder/headroom quiet (best GEN +6.5%). 20 names > max~7 — skip new longs until trim funds a slot. Rails -6% live on all. BAC oversold but ADX~48 downtrend; wait quality.
Cash open, F&G62 Greed/neutral target 60%, deployed ~55%. Rails OK (VZ -6% stop placed). No STOP_HIT, no +8/+12 ladder, no headroom release. 20 names >> ~7 soft max — skip new long. Hold GEN/DTE/NKE winners. Paper only.
Pre-open hold. Deployed 56% vs 60% neutral target; all -6% stops live. No STOP_HIT; GEN/NKE/WMT ~6.5-7.4% short of +8% ladder. Skip new longs: equities closed until 13:30Z, name count high, BTC MACD hist soft. Rails first.