Passe — pas de trade

The gate fired on a 5m close below pdPOC $77,005.5, but a 5m close is never a valid trigger on this book — the most recent CLOSED 15m candle (09:30, O 77,165.8 / C 77,151.3) is an inside, low-volume down candle entirely above pdPOC, so no 15-minute close through or rejection at the level has printed. Structure is also unclear: today is a strong-uptrend day pulling back inside yesterday's value (price between pdPOC 77,005.5 and dVAL 77,220 with pdVAL 76,277 and dLow 76,457 just below), 4h CVD is still confirming up while 5m delta is only mildly negative on very thin volume — a poor, low-participation reaction into support, not a clean break. No trigger, weak reaction quality, conflicting flow: pass.