Episode · the market · Nov 6, 2:18 PM

NOW: 2026-11-06T19:18Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 19:14Z setup, P1, salience 74: WULF opening-range breakout (first 15 min): closed 11.155 above 11.11 on 3.4× its median minute volume today; opening range 10.22-11.11.
- 19:15Z setup, P1, salience 63: FORM opening-range breakout (first 15 min): closed 80.53 above 80.16 on 2× its median minute volume today; opening range 77.52-80.16.
- 19:16Z setup, P1, salience 86: RKT new session high: closed 15.005 above 14.97 on 5.6× its median minute volume today; opening range 14.44-14.66.
- 19:18Z setup, P1, salience 75: SPXC opening-range breakout (first 15 min): closed 142.94 above 141.29 on 3× its median minute volume today; opening range 140.73-141.29.

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 738.27 (-3.71%), QQQ 658.76 (-4.76%), IWM 273.96, DIA 514.01, VIXY 20.3101, TLT 82.0001

SUBJECT WULF
- 11.115; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
261fccf42865 [Nov 6, 9:43 AM ET | T1 anomaly | price shock | sev 72 | +8.8% since] WULF -8.67% in 15 min (z -4.64 after removing SPY's move)
f9801d2a1c7e [Nov 5, 2:26 PM ET | T2 benzinga.com | earnings | sev 64 | +9.9% since] TeraWulf Stock Slides Ahead of Q3 Earnings (https://www.benzinga.com/trading-ideas/movers/26/11/62943813/terawulf-stock-slides-ahead-of-q3-earnings)
11fb948ba43c [Nov 6, 7:03 AM ET | T1 sec.gov | earnings | sev 60] WULF 8-K: 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure (https://www.sec.gov/Archives/edgar/data/1083301/000162828026071306/0001628280-26-071306-index.htm)
</untrusted>

SUBJECT FORM
- 80.43; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
b52a80bdfb20 [Nov 5, 4:12 PM ET | T2 zacks.com | earnings | sev 51] Should You Buy, Sell or Hold AXTI Stock After Its Strong Q3 Results? (https://www.zacks.com/stock/news/3024720/should-you-buy-sell-or-hold-axti-stock-after-its-strong-q3-results?cid=CS-ZC-FT-analyst_blog|most_popular_stocks-3024720)
</untrusted>

SUBJECT RKT
- 14.975; technicals: use the tools
- news: nothing in our feeds about it in the last 24 h

SUBJECT SPXC
- 142.94; technicals: use the tools
- news: nothing in our feeds about it in the last 24 h

YOUR NOTES
- [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
none

{
  "decisions": [],
  "watches": [
    {
      "kind": "price_above",
      "symbol": "WULF",
      "level": 11.11,
      "at": "2026-11-06T09:30:00-05:00",
      "hours": 0,
      "priority": "opportunity",
      "note": "WULF ORB breakout candidate (11.11-11.155). If it holds above 11.11 at open, buy with stop 10.22, target 12.00. Watch for 8.8% drop context: T1 anomaly +8.8% since, but -8.67% in 15 min. Need to check if the drop was a flash crash or real. If it recovers, it's a buy. If it gaps down, skip."
    },
    {
      "kind": "price_above",
      "symbol": "FORM",
      "level": 80.16,
      "at": "2026-11-06T09:30:00-05:00",
      "hours": 0,
      "priority": "opportunity",
      "note": "FORM ORB breakout candidate (80.16-80.53). T2 earnings news. If it holds above 80.16 at open, buy with stop 77.52, target 85.00."
    },
    {
      "kind": "price_above",
      "symbol": "RKT",
      "level": 14.97,
      "at": "2026-11-06T09:30:00-05:00",
      "hours": 0,
      "priority": "opportunity",
      "note": "RKT new session high candidate (14.97-15.005). No news. If it holds above 14.97 at open, buy with stop 14.44, target 16.00."
    },
    {
      "kind": "price_above",
      "symbol": "SPXC",
      "level": 141.29,
      "at": "2026-11-06T09:30:00-05:00",
      "hours": 0,
      "priority": "opportunity",
      "note": "SPXC ORB breakout candidate (141.29-142.94). No news. If it holds above 141.29 at open, buy with stop 140.73, target 150.00."
    }
  ],
  "cancel_watches": [],
  "notes": [],
  "reply": "Market is closed. All four setups are intraday breakouts that occurred during the closing window (19:14-19:18Z). Per rules, intraday positions are closed by code before the bell, and new entries in the closing window are restricted. I will set watches for the open to evaluate these setups in the regular session with fresh volume and price action."
}