Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.15%) → 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=0.96), market tradeable. Balanced market (W=0.707, asymm=0.13%) → 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 14% below minimum 90%


Low entropy regime (ratio=0.90), 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=0.707, 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%


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


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.22%) → 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 13% 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%


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


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.816, asymm=0.36%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.26%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.13%) → 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 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.645, asymm=0.25%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.684, asymm=0.26%) → 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 11% 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=0.99), market tradeable. Balanced market (W=0.707, asymm=0.18%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), 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=0.27%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.748, asymm=0.35%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.706, asymm=0.27%) → 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 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.14%) → 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 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.10%) → 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 12% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.810, asymm=0.26%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.670, asymm=0.30%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.14%) → 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 13% below minimum 90%


Low entropy regime (ratio=1.09), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 19% 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=0.94), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.701, asymm=0.24%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.09), market tradeable. Balanced market (W=0.707, asymm=0.01%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.12), market tradeable. Balanced market (W=0.707, asymm=0.01%) → NO TRADE. Confidence 16% 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=1.02), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.816, asymm=0.07%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.577, asymm=0.20%) → NO TRADE. Confidence 16% 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=0.94), market tradeable. Balanced market (W=0.686, asymm=0.25%) → NO TRADE. Confidence 16% below minimum 90%


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


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=0.09%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.461, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


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


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.01%) → NO TRADE. Confidence 19% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.01%) → NO TRADE. Confidence 19% 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=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=0.707, asymm=0.13%) → 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 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.713, asymm=0.26%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.816, asymm=0.34%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.676, asymm=0.33%) → NO TRADE. Confidence 15% 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=0.93), market tradeable. Balanced market (W=0.816, asymm=0.30%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.654, asymm=0.24%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.20%) → 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 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.816, asymm=0.31%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 12% 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=1.01), market tradeable. Balanced market (W=0.707, asymm=0.03%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.19), market tradeable. Balanced market (W=0.866, asymm=0.09%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.09), market tradeable. Balanced market (W=0.866, asymm=0.24%) → 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=0.94), market tradeable. Balanced market (W=0.707, asymm=0.42%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.817, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.19), market tradeable. Balanced market (W=0.866, asymm=0.07%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.09), market tradeable. Balanced market (W=0.866, asymm=0.23%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.904, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


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


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.900, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.829, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.817, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.10), market tradeable. Balanced market (W=0.707, asymm=0.10%) → 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 14% 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=1.19), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.22), market tradeable. Balanced market (W=0.816, asymm=0.06%) → 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%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.816, asymm=0.34%) → NO TRADE. Confidence 13% below minimum 90%


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


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


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=13.90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 15% below minimum 90%


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


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 15% below minimum 90%


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


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.681, asymm=0.56%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.589, asymm=1.50%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.348, asymm=1.92%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.616, asymm=0.36%) → NO TRADE. Confidence 16% below minimum 90%


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


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.586, asymm=1.19%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.618, asymm=0.79%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.479, asymm=1.53%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. High tension (W=0.866, asymm=1.41%) → LONG. Momentum CONFIRMS (0.02%, boost=10%). Confidence 64% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.741, asymm=0.40%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. High tension (W=0.873, asymm=1.00%) → LONG. Momentum CONFIRMS (0.00%, boost=10%). Confidence 62% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. High tension (W=0.791, asymm=0.67%) → SHORT. Confidence 55% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. High tension (W=0.941, asymm=1.42%) → SHORT. MOMENTUM BLOCKED: SHORT vs UP (0.02%, penalty=20%). Confidence 33% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.8%, final=13.86%


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


Low entropy regime (ratio=0.97), market tradeable. High tension (W=0.723, asymm=0.58%) → LONG. Momentum CONFIRMS (0.02%, boost=10%). Confidence 59% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.8%, final=13.83%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.663, asymm=0.36%) → 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=1.01), market tradeable. Balanced market (W=0.679, asymm=0.27%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.728, asymm=0.27%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.866, asymm=0.44%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. High tension (W=0.867, asymm=0.99%) → LONG. Momentum CONFIRMS (0.02%, boost=10%). Confidence 64% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.728, asymm=0.28%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. High tension (W=0.894, asymm=0.66%) → SHORT. MOMENTUM BLOCKED: SHORT vs UP (0.02%, penalty=20%). Confidence 33% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.728, asymm=0.30%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. High tension (W=0.866, asymm=2.06%) → SHORT. Momentum CONFIRMS (-0.13%, boost=11%). Confidence 64% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.816, asymm=0.46%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. High tension (W=0.866, asymm=0.83%) → LONG. Momentum CONFIRMS (0.02%, boost=10%). Confidence 64% 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=0.894, asymm=0.31%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.756, asymm=0.42%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.802, asymm=0.20%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.15), market tradeable. Balanced market (W=0.679, asymm=0.25%) → NO TRADE. Confidence 15% below minimum 90%


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


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.5%, final=13.86%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.431, asymm=0.52%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=1.19), market tradeable. Balanced market (W=0.803, asymm=0.15%) → 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=1.03), market tradeable. High tension (W=0.707, asymm=0.77%) → LONG. Momentum CONFIRMS (0.06%, boost=10%). Confidence 57% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.633, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


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


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


Low entropy regime (ratio=1.14), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 16% 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=0.816, asymm=0.11%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.06%) → NO TRADE. Confidence 13% below minimum 90%


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


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.02%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.861, asymm=0.25%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.634, asymm=0.10%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.16), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.10), market tradeable. Balanced market (W=0.577, asymm=0.05%) → NO TRADE. Confidence 17% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.2%, final=13.86%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.4%, final=13.91%


Low entropy regime (ratio=1.00), 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=0.09%) → NO TRADE. Confidence 17% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.4%, final=13.88%


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=0.97), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.00), 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=0.09%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.866, asymm=0.19%) → 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=1.03), market tradeable. Balanced market (W=0.577, asymm=0.07%) → 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 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.644, asymm=0.25%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.692, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.3%, final=13.88%


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=0.95), 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=0.728, asymm=0.29%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), 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=0.14%) → 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 13% 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=0.97), 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=0.866, asymm=0.25%) → 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=0.98), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 15% 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=0.98), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.09), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.801, asymm=0.29%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.21%) → 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 12% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.866, asymm=0.28%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% 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=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.18%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.714, asymm=0.24%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.775, asymm=0.05%) → NO TRADE. Confidence 12% 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=1.06), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.816, asymm=0.31%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.694, asymm=0.27%) → 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=1.02), market tradeable. Balanced market (W=0.864, asymm=0.42%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.637, asymm=0.24%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.687, asymm=0.05%) → NO TRADE. Confidence 12% below minimum 90%


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


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.657, asymm=0.06%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.909, asymm=0.17%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.569, asymm=1.04%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.697, asymm=0.17%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.854, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.584, asymm=1.12%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.697, asymm=0.16%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.815, asymm=0.36%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.478, asymm=0.07%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.848, asymm=0.10%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.604, asymm=0.06%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.782, asymm=0.08%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.795, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.528, asymm=0.75%) → NO TRADE. Confidence 16% below minimum 90%


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


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.828, asymm=0.32%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.552, asymm=0.08%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.786, asymm=0.09%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.885, asymm=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.543, asymm=0.76%) → NO TRADE. Confidence 16% below minimum 90%


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


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.752, asymm=0.09%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.863, asymm=0.37%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.945, asymm=0.10%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.533, asymm=0.08%) → 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 13% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.816, asymm=0.30%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.10), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.845, asymm=0.09%) → NO TRADE. Confidence 11% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.4%, final=13.86%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.5%, final=13.89%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 16% 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=0.95), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.670, asymm=0.34%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.89), market tradeable. Balanced market (W=0.866, asymm=0.08%) → NO TRADE. Confidence 19% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.9%, final=13.85%


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=0.97), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 18% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.5%, final=13.86%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.8%, final=13.86%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.839, asymm=0.06%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.707, asymm=0.05%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.03%) → NO TRADE. Confidence 18% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.5%, final=13.86%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.04%) → 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=0.42%) → NO TRADE. Confidence 17% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.0%, final=13.84%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.0%, final=13.85%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.04%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 16% 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=0.99), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.675, asymm=0.32%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.645, asymm=0.24%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.731, asymm=0.32%) → NO TRADE. Confidence 14% below minimum 90%


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


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.4%, final=13.86%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.500, asymm=0.06%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.02%) → NO TRADE. Confidence 16% 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=0.20%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.05%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.9%, final=13.86%


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=0.98), market tradeable. Balanced market (W=0.707, asymm=0.21%) → 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%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% 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=0.97), market tradeable. Balanced market (W=0.577, asymm=0.04%) → NO TRADE. Confidence 17% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.4%, final=13.86%


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=1.00), market tradeable. Balanced market (W=0.707, asymm=0.05%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.604, asymm=0.20%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.721, asymm=0.27%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.816, asymm=0.24%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 16% 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=0.577, asymm=0.06%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.866, asymm=0.08%) → NO TRADE. Confidence 17% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.0%, final=13.89%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.9%, final=13.93%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.0%, final=13.85%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.8%, final=13.86%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.577, asymm=0.04%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.1%, final=13.86%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.549, asymm=0.19%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.892, asymm=0.10%) → NO TRADE. Confidence 14% below minimum 90%


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


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.589, asymm=0.18%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.724, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.13%) → 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 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%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.31%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.362, asymm=0.16%) → 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 13% below minimum 90%


Low entropy regime (ratio=0.96), 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=0.10%) → 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 13% below minimum 90%


Low entropy regime (ratio=1.02), 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=0.585, asymm=0.22%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.864, asymm=0.06%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.804, asymm=0.07%) → 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=0.99), 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=0.10%) → NO TRADE. Confidence 12% 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=0.99), 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=0.648, asymm=0.24%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.2%, final=13.92%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% 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=1.04), 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=0.14%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.735, asymm=0.34%) → NO TRADE. Confidence 12% 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=0.95), 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=2.7%, final=13.85%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.8%, final=13.91%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.7%, final=13.90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.7%, final=13.88%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.28%) → 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=0.99), 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=0.28%) → 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 14% 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%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.4%, final=13.91%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.29%) → 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=1.02), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.03), 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=0.14%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.9%, final=13.86%


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=0.99), market tradeable. Balanced market (W=0.707, asymm=0.42%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.866, asymm=0.41%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.8%, final=13.87%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.8%, final=13.88%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.719, asymm=0.28%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.9%, final=13.89%


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=0.98), 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=0.21%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.728, asymm=0.39%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=4.9%, final=13.89%


CATASTROPHE OVERRIDE: Cusp imminent DOWN (prob=83%). Confidence 83% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.05), 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=0.18%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: Extreme instability, High curvature. Kelly fallback (confidence-based): 20.0%. Kelly=2.3%, final=15.00%


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=0.93), market tradeable. Balanced market (W=0.839, asymm=0.16%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), 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=0.816, asymm=0.28%) → 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 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.448, asymm=0.08%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=1.06), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.10), market tradeable. Balanced market (W=0.816, asymm=0.05%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.3%, final=13.87%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.5%, final=13.86%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.5%, final=13.84%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.835, asymm=0.23%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.707, asymm=0.03%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.16%) → 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 12% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% 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=1.11), market tradeable. Balanced market (W=0.734, asymm=0.25%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.786, asymm=0.11%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.749, asymm=0.27%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 33% below minimum 90%


Low entropy regime (ratio=1.11), market tradeable. Balanced market (W=0.577, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 33% 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=0.97), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.736, asymm=0.26%) → 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 34% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.07), 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=0.16%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.19%) → 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=0.95), market tradeable. Balanced market (W=0.447, asymm=0.12%) → NO TRADE. Confidence 12% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.8%, final=13.86%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.8%, final=13.84%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.8%, final=13.85%


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=1.02), 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=0.13%) → 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 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.578, asymm=0.19%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.21%) → 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=0.931, 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 33% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.30%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 33% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.728, asymm=0.27%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=1.08), market tradeable. Balanced market (W=0.866, asymm=0.27%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.566, asymm=0.94%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.816, asymm=0.17%) → NO TRADE. Confidence 11% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.805, asymm=0.36%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.866, asymm=0.18%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.529, asymm=0.14%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.786, asymm=0.08%) → 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 15% 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=0.98), market tradeable. Balanced market (W=0.817, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.11%) → 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 35% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.2%, final=13.87%


Low entropy regime (ratio=1.02), 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=0.707, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.11%) → 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=0.96), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.3%, final=13.87%


Low entropy regime (ratio=0.93), 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=0.11%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.3%, final=13.86%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.540, asymm=0.18%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.2%, final=13.87%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.17%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.704, asymm=0.27%) → NO TRADE. Confidence 35% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.5%, final=13.90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 35% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.5%, final=13.91%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 36% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 35% 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=0.96), 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): 18.0%. Kelly=3.3%, final=13.85%


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=0.21%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.866, asymm=0.10%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.866, asymm=0.12%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=6.0%, final=13.86%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.5%, final=13.86%


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=1.01), market tradeable. Balanced market (W=0.680, asymm=0.25%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.6%, final=13.86%


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=1.01), market tradeable. Balanced market (W=0.707, asymm=0.14%) → 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 18% 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=0.94), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.14%) → 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 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.2%, final=13.86%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.0%, final=13.86%


Low entropy regime (ratio=0.98), 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=0.13%) → 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 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.2%, final=13.88%


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=0.97), market tradeable. Balanced market (W=0.703, asymm=0.25%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=6.6%, final=13.87%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.845, asymm=0.36%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.705, asymm=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.07%) → NO TRADE. Confidence 12% below minimum 90%


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


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=0.99), 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=1.9%, final=13.85%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.577, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.2%, final=13.89%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.2%, final=13.88%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 17% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.2%, final=13.86%


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=0.99), market tradeable. Balanced market (W=0.707, asymm=0.13%) → 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 18% 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=0.99), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 15% 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=0.97), 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=0.13%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.97), 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=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.05), market tradeable. Balanced market (W=0.707, asymm=0.27%) → 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=1.02), 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=0.25%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.18%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.16%) → NO TRADE. Confidence 15% below minimum 90%


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=0.98), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.816, asymm=0.07%) → 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=0.98), market tradeable. Balanced market (W=0.804, asymm=0.28%) → 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=0.98), market tradeable. Balanced market (W=0.707, 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=0.99), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 15% 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=0.98), 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=0.707, asymm=0.01%) → 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 13% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.737, asymm=0.28%) → 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 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.709, asymm=0.29%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.577, asymm=0.04%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.7%, final=13.87%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.7%, final=13.86%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.583, asymm=0.01%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.6%, final=13.86%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=6.7%, final=13.84%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.27%) → NO TRADE. Confidence 36% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=6.7%, final=13.87%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.707, asymm=0.29%) → NO TRADE. Confidence 36% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.670, asymm=0.09%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.2%, final=13.85%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 17% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=6.1%, final=13.89%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 35% 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%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.7%, final=13.85%


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=0.89), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 19% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.30%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 16% 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=1.02), 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=0.707, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.23%) → 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 12% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.816, asymm=0.29%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.680, asymm=0.26%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.13%) → 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 16% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.816, asymm=0.33%) → 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 16% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.816, asymm=0.36%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.94), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.672, asymm=0.26%) → NO TRADE. Confidence 14% 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=1.03), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.34%) → NO TRADE. Confidence 35% 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=1.03), market tradeable. Balanced market (W=0.707, asymm=0.32%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.6%, final=13.85%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=0.91), market tradeable. Balanced market (W=0.707, asymm=0.01%) → NO TRADE. Confidence 15% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.4%, final=13.85%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=0.89), market tradeable. Balanced market (W=0.707, asymm=0.09%) → NO TRADE. Confidence 40% 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=0.98), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=0.9%, final=13.84%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.816, asymm=0.32%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.25%) → NO TRADE. Confidence 35% below minimum 90%


Low entropy regime (ratio=0.88), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 19% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 18% below minimum 90%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.1%, final=13.87%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.4%, final=13.75%


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.1%, final=13.74%


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


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.577, asymm=0.23%) → NO TRADE. Confidence 37% below minimum 90%


Low entropy regime (ratio=0.90), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 36% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 36% 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=0.93), market tradeable. Balanced market (W=0.557, asymm=0.26%) → NO TRADE. Confidence 36% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.23%) → NO TRADE. Confidence 36% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=1.1%, final=13.87%


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=0.82), market tradeable. Balanced market (W=0.707, asymm=0.10%) → NO TRADE. Confidence 21% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 37% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 34% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 34% 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=0.84), market tradeable. Balanced market (W=0.577, asymm=0.03%) → NO TRADE. Confidence 22% below minimum 90%


Low entropy regime (ratio=0.87), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 21% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.42%) → 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 36% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.816, asymm=0.06%) → NO TRADE. Confidence 19% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.707, asymm=0.20%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.86), market tradeable. Balanced market (W=0.707, asymm=0.03%) → NO TRADE. Confidence 41% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.95), market tradeable. Balanced market (W=0.816, asymm=0.06%) → NO TRADE. Confidence 14% 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=0.98), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.02), market tradeable. Balanced market (W=0.707, asymm=0.10%) → 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=0.707, asymm=0.23%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.866, asymm=0.20%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.07), market tradeable. Balanced market (W=0.607, asymm=1.02%) → NO TRADE. Confidence 14% below minimum 90%


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


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.816, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.8%, final=13.86%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.706, asymm=0.23%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.04), market tradeable. Balanced market (W=0.893, asymm=0.09%) → 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=0.98), 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=0.10%) → NO TRADE. Confidence 11% 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=0.94), market tradeable. Balanced market (W=0.816, asymm=0.20%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.98), market tradeable. Balanced market (W=0.707, asymm=0.12%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), 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=2.7%, final=13.86%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.7%, final=13.84%


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


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


SURFACE COLLAPSE: Surface collapse up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.1%, final=13.85%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.0%, final=13.86%


Low entropy regime (ratio=0.83), market tradeable. Balanced market (W=0.707, asymm=0.04%) → NO TRADE. Confidence 20% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.577, asymm=0.04%) → NO TRADE. Confidence 13% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.0%, final=13.84%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.4%, final=13.86%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=3.4%, final=13.85%


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=0.97), market tradeable. Balanced market (W=0.848, asymm=0.12%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 15% 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%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.0%, final=13.86%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=5.1%, final=13.86%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.14%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.743, asymm=0.31%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.15%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=0.96), market tradeable. Balanced market (W=0.683, asymm=0.32%) → 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 14% below minimum 90%


Low entropy regime (ratio=0.92), market tradeable. Balanced market (W=0.866, asymm=0.14%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), 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=0.14%) → 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=0.97), market tradeable. Balanced market (W=0.803, asymm=0.27%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), market tradeable. Balanced market (W=0.707, asymm=0.19%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.97), 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=0.11%) → NO TRADE. Confidence 13% 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=0.94), market tradeable. Balanced market (W=0.707, asymm=0.13%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.24%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.707, asymm=0.25%) → 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 up: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=2.5%, final=13.89%


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=1.01), market tradeable. Balanced market (W=0.620, asymm=0.21%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.22%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.21%) → 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=1.00), 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=0.26%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=0.92), 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=0.12%) → 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 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=1.01), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 12% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.816, asymm=0.05%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.00%) → NO TRADE. Confidence 18% below minimum 90%


Low entropy regime (ratio=0.99), market tradeable. Balanced market (W=0.503, asymm=0.05%) → NO TRADE. Confidence 17% below minimum 90%


Low entropy regime (ratio=1.01), market tradeable. Balanced market (W=0.816, asymm=0.05%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.03), market tradeable. Balanced market (W=0.707, asymm=0.11%) → NO TRADE. Confidence 11% 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=1.00), market tradeable. Balanced market (W=0.816, asymm=0.35%) → 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 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.707, asymm=0.28%) → NO TRADE. Confidence 15% below minimum 90%


Low entropy regime (ratio=1.00), 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=0.498, asymm=0.03%) → NO TRADE. Confidence 16% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.586, asymm=0.22%) → 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=0.99), 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=0.14%) → NO TRADE. Confidence 13% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.803, asymm=0.29%) → NO TRADE. Confidence 14% below minimum 90%


Low entropy regime (ratio=1.00), market tradeable. Balanced market (W=0.634, asymm=0.26%) → NO TRADE. Confidence 14% below minimum 90%


SURFACE COLLAPSE: Surface collapse down: High curvature. Kelly fallback (confidence-based): 18.0%. Kelly=4.5%, final=13.85%


Low entropy regime (ratio=0.93), market tradeable. Balanced market (W=0.707, asymm=0.21%) → NO TRADE. Confidence 14% below minimum 90%