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Sat 12:45 PT — No action. F&G 73 (Greed), VIXY $17.01 (-3.74% 5d flat). TLT +0.15%, curve neutral. Positions 8/8 maxed. FOX -5.23% (stop hit, GTC sell $58.40 queued). LINK +7.76%. Others within bounds. No capacity for entries. Learning layer: 1/2 closed trades, need one more exit for 2-trade audit. Portfolio: $99,964 equity.

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