Episode · EGP · Nov 6, 1:37 PM

NOW: 2026-11-06T18:37Z

WOKE FOR: EGP (P2 review)

OBSERVATIONS
- 18:37Z watch, P2, salience 80: Your watch fired: EGP below 193.5. Your note: EGP broke OR but no news. If it holds above 193.50 into the close, it may indicate a technical bounce. Review for a potential swing entry if market stabilizes.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $9901.35 · equity $9901.35 (-0.99%) · today +0% · 0 stocks, 0 options positions
- no stock positions

LIMITS (enforced by code)
- Market: the regular session. New buys: allowed.
- Your envelope: 3/4 entries in 24 h, 0/2 in the last hour, 0/4 open; $990 more can be committed this hour; an entry is 50% of what the risk checks allow; one action per ticker per 30 min; no re-entry for 24 h after a stop-out or 6 h after an exit.
- Risk checks: at most 25% of equity per position ($2475.34); 0/8 positions; conviction ≥ 6/10 (≥ 8 for an overnight buy in the closing window, and none intraday then); price ≥ $5; stop 0.4-10% below the price (default 2.5%); reward:risk ≥ 1.2; no rebuy within 15 min of a sale; $9703.32 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2475); at most 4% of equity per position; 0/6 positions; conviction ≥ 7; long calls and puts, call and put debit spreads; buy |delta| 0.25-0.7, 7-45 days to expiration; contracts only from an option_menu result in this episode; exits default to -60% / +150% of the position's value, and code closes positions before expiration.
- Intraday stock positions are closed by code in the last minutes of the session; stops and targets rest at the broker as bracket or OCO orders.

MARKET
- SPY 737.775 (-3.78%), QQQ 657.49 (-4.94%), IWM 274.05, DIA 514.14, VIXY 20.23, TLT 82.16

SUBJECT EGP
- 193.5 (bid 193.32, ask 203.52), -0.18% today; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
cce1021edce3 [Nov 6, 1:24 PM ET | T2 finance.yahoo.com | guidance | sev 63 | -0.1% since] EastGroup Properties (EGP) Stock Slips As Q3 Earnings Lift FFO Outlook (https://finance.yahoo.com/markets/stocks/articles/eastgroup-properties-egp-stock-slips-201254126.html?.tsrc=rss)
05f0e896802b [Nov 6, 1:24 PM ET | T2 finance.yahoo.com | earnings | sev 59 | -0.1% since] EastGroup Properties Announces Third Quarter 2026 Earnings Conference Call and Webcast (https://finance.yahoo.com/real-estate/articles/eastgroup-properties-announces-third-quarter-200500204.html?.tsrc=rss)
f33fe41817bb [Nov 6, 1:24 PM ET | T2 finance.yahoo.com | earnings | sev 59 | -0.1% since] EastGroup Properties: Q3 Earnings Snapshot (https://finance.yahoo.com/real-estate/articles/eastgroup-properties-q3-earnings-snapshot-201850328.html?.tsrc=rss)
</untrusted>

YOUR NOTES
- [EGP, 2026-11-06T18:24Z] Broke OR on volume but no news. RSI low. Caution advised. Watch for a hold above 193.50.
- [MARKET, 2026-11-06T13:15Z] October Jobs report drops at 08:30 ET (15 min). Market is closed; new buys blocked until open. Will wait for the data release and initial volatility to settle before evaluating intraday or swing setups. Watches for VCRM and JMUB remain active.
- [MARKET, 2026-11-05T16:01Z] All 18 P1 setups are opening-range breakouts or new session highs occurring in the closing window (15:57-16:01Z) with no fundamental catalysts in our feeds. Conviction is low due to lack of news and the closing window environment. No new entries.
- [MARKET, 2026-11-04T21:10Z] Market closed higher (SPY +1.48%). No positions held. Ready for tomorrow's open to look for setups.
- [MARKET, 2026-11-04T20:40Z] Closing window (20:40Z). All intraday positions (BUG, SNX) will be closed by code. No new entries permitted by envelope (3/4 in 24h, 0/2 in last hour, but closing window rules and prior fullness apply). No new entries.
- [MARKET, 2026-11-04T16:19Z] Closing window (16:18Z). All intraday positions will be closed by code. No new entries permitted by envelope (4/4 in 24h).

YOUR WATCHES
- 2e62424e-5404-4d44-9178-df253c9e5011: VCRM below 74.22, until 2026-11-06T19:26Z. Note: VCRM OR low 74.22. Breakout failed if price reclaims below 74.22; review for potential short or wait for retest of 74.18-74.22 range.
- 4677d352-1b90-4c35-ac57-13ded726fc05: JMUB below 49.18, until 2026-11-06T19:20Z. Note: JMUB OR low 49.18. Breakout failed if price reclaims below 49.18; review for potential short or wait for retest of 49.22-49.29 range.

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [
    {
      "subject": "EGP",
      "text": "Watch fired: EGP dropped below 193.5, failing the 'hold above' condition for a technical bounce. Market is crashing (SPY -3.78%, QQQ -4.94%). EGP is holding relatively well (-0.18%) but is below SMA20 (198.11) and news shows a 'sell the news' reaction despite earnings beat. Caution remains high. No entry."
    }
  ],
  "reply": "EGP watch fired as price dropped below 193.5, invalidating the bounce thesis. With the market in a sharp sell-off (SPY -3.78%) and EGP below its 20-day SMA, no new entries are warranted. Holding cash."
}