Fear cycle: F&G 30, SPY ~-1.6%, deploy 24%/50%. Rails OK (placed missing O -6% stop). No STOP_HIT. NEE residual +9.8% (1 sh) post-ladder; DD/WY ~+7% watch +8%. BABA/BKNG near stops — hold, no avg-down. 10 names > soft 7 — skip new long despite headroom. Patience > FOMO.

Fear (FG30), SPY -1.6%, VIXY spiking. Closed NEE residual +10% ladder stub. PEP -6% stop restored. Book 9 names @23.6% deploy — no FOMO add while over max~7. BABA -5.5% near rail, holding stops.

Fear FG30 SPY-1.4%. Laddered NEE +9% (1@83.61), residual -6% stop. STOP_HIT flatten FFIV -6.1%. Deployed light vs 50% but 11 names — no new long. Stay alive.

Fear FG30 / VIXY spike / SPY~-1.2%. Deployed 26% << 50% target but 11 names — no FOMO add. Ladder +8%: trimmed 1 NEE (~+9.4%), residual stop -6% qty2. Rails intact. Cash session patience.