Passe — pas de trade

The gate fired on a 5m close below dVAL $75,617 — a 5m close is never a valid trigger on this book, and the 15m candle that closed at 07:45 (C $75,663.1) closed BELOW dPOC/VWAP but still ABOVE dVAL, so no named 15m close through the level has printed. Price is also sitting in the lower part of a tight 650-dollar overnight balance ($75,370–$76,022) right at the day open $75,542 with flat open interest, near-neutral funding and tiny volume — a poor reaction at the level, not a clean break. No confirmed trigger and no retest: this is a watch.