Passed — no trade

Price just flushed ~500 pts from 63,571 to 62,851 in the last 25 minutes and is sitting right at the developing day VAL ($62,944) and just above the day low ($62,851.6) — a strong support/inflection, NOT open space. The most recent closes (5m/15m/1m all closed down) are momentum INTO that support, which is the forbidden fade, and no reclaim close back above VAL/day-low has printed to confirm a sweep-reclaim reversal. CVD, 5m delta and OI (strong 4h downtrend) all confirm down, so there is no corroborated long-reaction trigger yet either. No confirming close at a tradable level in a permitted location — this is a watch, not a trade.