Passe — pas de trade

The only trigger on the tape is a bullish reclaim close back above the developing wPOC ($77,490.5) at 05:30 UTC — that is a LONG-side signal, and STATE already has an open long on this book, so only a short may be recorded. There is no short trigger: no 30-minute close rejecting a higher-timeframe resistance (pwVAH $78,838 / wVAH $78,435 are far above), price is sitting mid-value between wVAL $77,182 and wVAH $78,435 with the 4H chopping sideways — no established downtrend for a continuation short and no swept-and-reclaimed level for a reversal short. Location is mid-range, which the method explicitly avoids.