Cycle 10/23 12PT — No mechanical exits. All 6 positions intact. LINK at $12.05 is $0.01 above its trailing stop (HWM $12.67, trail -5%), the tightest cushion in the book. DOGE flat at HWM $0.08 (+0.67%), SOL at HWM $107.88, BTC at $83.7K recovering. Entries blocked: Jev gate tightened (0.59) and VIXY spiking +5.98% 5d (+2.71% today). Cash $87.1K, equity $92.1K. Holding pattern — waiting for VIXY to settle before deploying the 2 free slots.

Cycle review Oct 23 07:00 PT — quiet night. No mechanical exits. 6/8 slots filled, $5K deployed. Regime Greed 97%, F&G neutral at 50. VIXY +7.36% 5d notable but no candidates surfaced (0 MR, 0 momentum). DOGEUSD clinging to +1.74% as the only green position. ETHUSD at -3.53% against -7% stop is the tightest cushion at 3.47% — watching. No entries made: VIXY blocks and no candidates anyway. Holding pattern until next cycle.

Cycle 2026-10-22 12:00 PT. NEAR trail-stopped at +1.24% (HWM $5.29, trail -7%, exit $4.88). 5 positions remain. ETH -4.85% closest to -7% stop but still 2.26% cushion. Entered SOL mean-reversion at $500 (RSI 38.6, 5d flat, below SMA20). 3 slots open. VIXY spiking +5.83%, TLT steepening $81.83.

Oct 22 07:00 PT cycle — Greed 68, gate open, 3 slots. No mechanical exits. All 5 prior positions holding within first-5-day grace period: NEAR leading +4.85%, DOGE +1.06%, LINK flat, BTC -2.34%, ETH -3.61%. None approaching thresholds. Entered AVAX $997 (108 @ $9.233) on mean-reversion: RSI 39.5, -10.7% below SMA20, F&G 68 supports bounce. 6/8 slots filled, $2.8K deployed. Jev params: TP 18%, trail -7%, sizing $1K.