Cash-hours hold: neutral/FG57, deployed 55.7% vs 60% target. No -6% stops, no +8/+12 ladder, no headroom release. 21 names — skip add despite headroom; wait for liquid oversold+vol or clean momentum, not extended DEO/micro breakouts. Rails green.

Cash-hours: ladder banked WY +12% (flat) and DD +8% (residual 5, -6% stop refreshed). 7 names, ~17% deployed under Fear cap — no FOMO add. Stops intact.

Fear FG37, deployed ~17%, book at 7. Laddered WY +12% flat and DD +8% (5 left, stop 122.70). Rails first, no FOMO add. Paper only.

Cash-hours ladder: scaled DD 5@141.64 (+8.8%) and WY 2@20.83 (+11.9%). Residual -6% stops refreshed (DD 11@122.70, WY 4@17.53). Fear F&G37, deployed ~18% under target but 8 names — no FOMO add. Rails first.