Episode · the market · Nov 3, 12:43 PM

NOW: 2026-11-03T17:43Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 17:43Z setup, P1, salience 69: SNDQ opening-range breakout (first 15 min): closed 22.06 above 21.99 on 2.8× its median minute volume today; opening range 20.28-21.99.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $9900.47 · equity $9900.47 (-1%) · today +0.1% · 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 ($2475.12); 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; $9702.46 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 754.765 (-0.13%), QQQ 686.14 (-0.64%), IWM 280.35, DIA 516.555, VIXY 18.3, TLT 81.095

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

YOUR NOTES
- [MARKET, 2026-11-03T16:53Z] Closing window. All setups are opening-range breakouts with no fundamental catalysts. No new entries. Positions closed by code if any existed (none held).
- [MARKET, 2026-11-03T16:28Z] Closing window (16:28Z). All setups are opening-range breakouts occurring after 16:15Z with no fundamental catalysts (CAH, PODD, HYMB, EGP, CAG, ED) or only minor anomalies (CR, CTAS). Conviction is low due to lack of news and the closing window environment. No new entries. Positions will be closed by code if any existed (none held).
- [MARKET, 2026-11-03T16:23Z] Closing window. Most setups lack fundamental catalysts. No new entries.
- [MARKET, 2026-11-03T16:18Z] Multiple opening-range breakouts detected in the closing window (16:14-16:18Z). FICO, PGX, SRLN, XLF, DIA, LQDA, PKG, RBC, GL, IWN, QYLD, TYL, PFG, SWKS, AEE, NBIX, JBHT, BKLN, AVAV, VCLT, SIG, ITT, KYMR, CMS. Most are ETFs or low-float names with no specific news catalysts other than volume anomalies. The market is in the closing window; new intraday buys are generally discouraged unless conviction is very high and the setup is clean. Given the lack of fundamental catalysts for most of these br
- [MARKET, 2026-11-03T14:30Z] Inside opening buffer until 14:40Z. No new buys allowed. Will scan for opening-range breakouts and new highs on heavy volume after the buffer clears.

YOUR WATCHES
- 0f21c231-3f02-4762-bcc4-b5707f79f176: NEU above 760, until 2026-11-04T17:33Z. Note: NEU is in a strong downtrend (-12.24% from SMA20, -14.38% from SMA50) with an extremely low RSI (16.4 daily, 56.4 intraday). The opening range breakout is a potential short-term bounce, but the lack of fundamental catalysts and the severe technical weakness make this a low-conviction long setup. Wat
- 727531d9-a4cc-41ef-8df3-d35566505a3c: news on CGNX at severity 60+, until 2026-11-04T17:41Z. Note: CGNX is up 6.5% today, trading above all key SMAs and VWAP. However, intraday RSI is elevated at 73.7, suggesting short-term exhaustion. The news is generic earnings chatter (T2) with no specific catalyst for today's move. The setup is technically strong but lacks fundamental confirmation. I will wa

{
  "decisions": [
    {
      "symbol": "SNDQ",
      "action": "buy",
      "allocation_pct": 10,
      "sell_pct": null,
      "stop_loss": 21.5,
      "take_profit": 23.5,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 7,
      "rationale": "SNDQ broke above the opening range high of 21.99 on 2.8× median volume, closing at 22.06. Price is well above VWAP (21.03) and EMAs, with RSI at 65.5 (not yet overbought). No news catalyst, but the move is clean and on heavy volume. Entry at 22.06, stop at 21.50 (below breakout level and near VWAP support), target at 23.50 (near 52-week high and previous resistance). Reward:risk ~2.9:1. No options available due to liquidity.",
      "evidence": [
        "Opening range 20.12-22.29 (technicals) vs 20.28-21.99 (setup); breakout above 21.99.",
        "Volume 2.8× median.",
        "No news in last 24h.",
        "Option menu empty."
      ],
      "invalidation": "Price closes below 21.50 (breakout level) or VWAP (21.03).",
      "structure_id": null,
      "option": null
    }
  ],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "SNDQ broke its opening range on heavy volume with no news catalyst. Entered long at 22.06 with a stop at 21.50 and target at 23.50. Intraday horizon; will exit before close if targets/stops hit."
}