Low entropy regime (ratio=0.88), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.05%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.88), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.88), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.71%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


CATASTROPHE OVERRIDE: Cusp imminent UP (prob=84%). Confidence 84% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.866, asymm=0.20%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.728, asymm=0.34%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.845, asymm=0.20%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.727, asymm=0.29%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.26%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.665, asymm=0.29%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.30%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.86%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.866, asymm=0.29%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.26%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.676, asymm=0.26%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.900, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.501, asymm=0.24%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.728, asymm=0.28%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.772, asymm=0.36%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.681, asymm=0.34%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.18%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 11% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.86%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.98%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.89%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.96%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.94%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.33%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.753, asymm=0.29%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.816, asymm=0.38%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 10% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.4%, final=13.89%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.506, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.831, asymm=0.28%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.94%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.694, asymm=0.27%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.82%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.810, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.08%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.4%, final=13.90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.01%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.816, asymm=0.06%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=14.03%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.96%


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.97%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.912, asymm=0.21%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.828, asymm=0.31%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.810, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.585, asymm=0.23%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 10% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.846, asymm=0.34%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.709, asymm=0.34%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.97%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.752, asymm=0.29%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.598, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.726, asymm=0.28%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.894, asymm=0.23%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.816, asymm=0.34%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.678, asymm=0.29%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.842, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.913, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.03%) → NO TRADE. Confidence 16% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=14.00%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.816, asymm=0.32%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.30%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.96%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.669, asymm=0.32%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.18%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.31%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.866, asymm=0.19%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.729, asymm=0.28%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.0%, final=15.00%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.866, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.866, asymm=0.30%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.601, asymm=0.20%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.775, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.816, asymm=0.21%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.737, asymm=0.30%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.897, asymm=0.30%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.31%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.817, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.96%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.733, asymm=0.30%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.816, asymm=0.36%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.31%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.409, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.485, asymm=0.22%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.754, asymm=0.35%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.679, asymm=0.37%) → NO TRADE. Confidence 16% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.83%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.94%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.646, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.745, asymm=0.30%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.31%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.11), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.31%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.86%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.506, asymm=0.05%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.866, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.894, asymm=0.34%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.92%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.94%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.98%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.77%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.08%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.08%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.86%


Low entropy regime (ratio=1.12), market tradeable. Balanced market (W=0.866, asymm=0.13%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.12), market tradeable. Balanced market (W=0.891, asymm=0.18%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.12), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.84%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.07%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.12), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.12), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.816, asymm=0.07%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.816, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.926, asymm=0.35%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.30%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.89%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.742, asymm=0.28%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 36% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 36% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.822, asymm=0.21%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.577, asymm=0.24%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.761, asymm=0.29%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.91%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.866, asymm=0.21%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.698, asymm=0.27%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.866, asymm=0.24%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.18%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.641, asymm=0.25%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.676, asymm=0.26%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=0.7%, final=15.00%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.816, asymm=0.35%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.816, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.26%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.722, asymm=0.32%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.866, asymm=0.18%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.679, asymm=0.27%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.614, asymm=0.26%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.906, asymm=0.18%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.746, asymm=0.37%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.12), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.12), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.816, asymm=0.17%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.577, asymm=0.09%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.89%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.727, asymm=0.27%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.645, asymm=0.28%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.746, asymm=0.31%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.866, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.18%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.86%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.866, asymm=0.22%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.748, asymm=0.30%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.18%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.866, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.31%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


CATASTROPHE OVERRIDE: Cusp imminent UP (prob=85%). Confidence 85% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.722, asymm=0.27%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.631, asymm=0.25%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.795, asymm=0.17%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.774, asymm=0.27%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 12% below minimum 90%


CATASTROPHE OVERRIDE: Cusp imminent UP (prob=80%). Confidence 80% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 11% below minimum 90%


CATASTROPHE OVERRIDE: Cusp imminent DOWN (prob=84%). Confidence 84% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.546, asymm=0.13%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.866, asymm=0.20%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.884, asymm=0.23%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 11% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.99%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.95%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.94%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.679, asymm=0.34%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 17% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.816, asymm=0.17%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.577, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.89), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.719, asymm=0.32%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.635, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.704, asymm=0.28%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.88), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.633, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.816, asymm=0.31%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.727, asymm=0.27%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.816, asymm=0.31%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.745, asymm=0.31%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.817, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.531, asymm=0.04%) → NO TRADE. Confidence 36% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.678, asymm=0.28%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.577, asymm=0.05%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=2.2%, final=15.00%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.33%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.07%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=2.0%, final=15.00%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.01%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.866, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.866, asymm=0.25%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.89%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.679, asymm=0.35%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.758, asymm=0.29%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.09), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.09), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.09), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.866, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.26%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.592, asymm=0.24%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.586, asymm=0.22%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.706, asymm=0.26%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.86%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.816, asymm=0.32%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.86%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.907, asymm=0.25%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.91%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.866, asymm=0.27%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.656, asymm=1.09%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.583, asymm=0.26%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.666, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.817, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.746, asymm=0.28%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.5%, final=14.02%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.717, asymm=0.27%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.8%, final=14.03%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.815, asymm=0.28%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.817, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=1.5%, final=15.00%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.88%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.87%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.89%


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=1.1%, final=15.00%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.26%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.727, asymm=0.27%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.848, asymm=0.17%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.665, asymm=0.24%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.86%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.11), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.816, asymm=0.15%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.577, asymm=0.09%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 11% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.0%, final=13.85%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.816, asymm=0.30%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.577, asymm=0.06%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.816, asymm=0.28%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%