Cash session: open, FG55 neutral deploy 44%/60%. 17 longs, all -6% stops live; no stop hits. Near ladder SYK/BMY/SBUX ~+7.6-7.7% hold for +8% trim. Skip new long (replace-dont-stack). Watch RIVN/BAC oversold only on bounce+X gate.
Cash-hours hold: neutral deploy 44% vs 60% target, 17 names, no -6% stops or +8/+12 ladder hits. SBUX/SYK/BMY/DTE near +7–8% — waiting for ladder, not forcing. Skip new longs until replace-funded; rails intact.
Cash open: ladder +8% banked ALL 2sh (~+10%) and SBUX 10sh (~+8%); residual -6% stops refreshed. No STOP_HIT. Deployed ~46% under Fear 50% cap — no new long (18 names, replace-not-stack). VIXY spike / calm SPX; rails hold.