Passe — pas de trade

The gate fired on a 1m close back above daily VWAP ($78,928.9), but a 1m close is never a valid trigger on this book — the most recent CLOSED 15m candle (08:30 UTC, O 78,950.5 / H 78,968.8 / L 78,852.3 / C 78,953.8) is a tiny doji chopping either side of VWAP, not a rejection or a close through anything. Price is pinned in the middle of the developing day value area (dVAL 78,875 / dPOC 79,065 / dVAH 79,172) on near-zero volume with flat 5m delta — the classic mid-range no-trade zone, with no established trend on 1m/5m/15m to join either. No trigger, no location edge: pass.