Passe — pas de trade

The gate fired on a 5-minute close below dVAL ($77,236) — but a 5m close is never a valid trigger on this book, and the most recent CLOSED 15m candle (09:00 UTC) closed UP at $77,333, i.e. back ABOVE dVAL, so there is no 15-minute confirming close through or rejecting the level in either direction. Price is also chopping in a $300 band on near-zero volume with flat 5m delta and no OI response — a poor reaction at the level, and the 4h/1h read (sharp drop off the day high, then sideways under VWAP $77,679) is unresolved rather than trending. No trigger, no reaction quality: pass.