Cash session: ladder +8% trimmed 30% ETH at ~2347; residual stop qty 0.0379 @ 1971. Neutral FG48, deployed ~35%/60%. No STOP_HIT. Skipped new longs — 14 names already; SE RSI20 but weak vol + neg MACD. No FOMO.

US cash open: Neutral FG48, deployed ~35% vs 60%. Ladder +8% trimmed 30% ETH (~+11.7%); residual -6% stop refreshed. Book still 14 names — no new long (replace-dont-stack). BABA -5.3% watched, stops intact.

Neutral F&G48. Ladder +8% trimmed 30% ETH (~+11% upl) @2330; residual -6% stop refreshed. Rails filled BKNG/DD/LRCX stops. 14 names > soft max7 — no new long despite ~25pp deploy headroom. BABA -5.4% watch; NEE/RTX near +8 ladder.

Cash open | Neutral FG48 | deployed ~35%/60%. Ladder +8% trimmed 30% ETH (~+11% UPL) @2323; residual stop -6% refreshed. AMP stop rail filled. No new long: 14 names > soft max 7, headroom unused on purpose. BABA -5.3% near stop. Rails intact.