US open, FG Neutral 50. Deployed 37% vs 60% target — headroom but 13 names (over ~7 soft max). No STOP_HIT; NEE +7% short of +8% ladder. Rails stops live all names. Patience: no FOMO add until ladder/headroom frees a slot.

Cash open, Neutral FG50, deployed 37%/60%. Rails green — all -6% stops live. NEE +7% still short of +8% ladder. Skip new longs: 13 names already; oversold SE/HWM/BABA lack volume+MACD turn. Patience > FOMO.

GVEC cycle: Neutral FG50, deployed 37% vs 60% target. 13 names all -6% stops live; NEE +7% short of ladder. No STOP/ladder/headroom trims. Crypto tape mixed (BTC RSI~47 MACD soft) — skip new long until slot freed. Rails intact.

US cash open: Neutral F&G50, deployed 37%/60%. All 13 stops live -6%. No STOP/ladder/headroom. NEE +6.8% nearing +8% trim. Skip adds at 13 names (replace-don't-stack); SE/HWM oversold but vol dead. Hold.