Official Read: DECISION ENGINE RESEARCH ONLY - LIVE TRADE DISABLED
Live Trade Status: DISABLED
Usable: False
Research Context: Near term BEARISH; 1-3 months BEARISH; 6-24 months NEUTRAL.
Reason: Decision Engine V4 is active in intraday-only research mode. Live Cattle: LONG score 27/100 (NO_TRADE_CONTEXT_ONLY). Feeder Cattle: LONG score 27/100 (NO_TRADE_CONTEXT_ONLY). Live trade remains disabled. Only live ORB, price, volume and trap/reversal state affect the intraday score; OI, SMA, macro, fundamentals and market thesis are context only. Execution gate: No market passed execution gate. Live trade remains disabled.
Last Refresh CT: 2026-07-24T13:11:02.694054-05:00
Signal: SESSION_COMPLETE | LC SESSION_COMPLETE LEQ6 13:04 227.075 | FC SESSION_COMPLETE GFQ6 13:04 345.8 | STAGED LC CONFIRMED_EARLY_TRAP_WATCH SHORT | FC OPPOSITE_BREAK_ACCEPTED SHORT | LC LONG 84/100 RESEARCH_ENTER_LONG | FC LONG 74/100 RESEARCH_ARMED_LONG
| Feed | Status | Age Sec | Module | Signal |
|---|---|---|---|---|
| Databento Live CSV | SESSION_COMPLETE | 316.2 | ||
| Live ORB Feed | FAST | 9.5 | SESSION_COMPLETE | LC SESSION_COMPLETE LEQ6 13:04 227.075 | FC SESSION_COMPLETE GFQ6 13:04 345.8 | STAGED LC CONFIRMED_EARLY_TRAP_WATCH SHORT | FC OPPOSITE_BREAK_ACCEPTED SHORT |
| Trap/Reversal Guard | FAST | 8.8 | WATCH | LC LIVE_FAILED_TRAP_REACCEPTED UP risk 53.4 | FC LIVE_FAILED_TRAP_WATCH UP risk 47.2 |
| Decision Engine | FAST | 2.8 | RESEARCH_ONLY | LC LONG 84/100 RESEARCH_ENTER_LONG | FC LONG 74/100 RESEARCH_ARMED_LONG |
| Execution Gate | FAST | 0.9 | MANUAL_REVIEW_REQUIRED | Live Cattle LONG EXECUTION GATE PASSED |
| Service | State |
|---|---|
| alpha-current-live-orb-fast-loop.service | active |
| alpha-databento-live-ohlcv.service | active |
| alpha-current-uvicorn-8011 | active |
| Symbol | Latest CT | Close | Volume |
|---|---|---|---|
| GFQ6 | 13:04:00 | 345.8 | 24.0 |
| GFU6 | 13:04:00 | 342.05 | 26.0 |
| LEQ6 | 13:04:00 | 227.075 | 15.0 |
| LEV6 | 13:04:00 | 222.575 | 40.0 |
Cattle RTH is not live. Last completed bars are retained for review; do not treat after-close file age as a live-feed failure.
Audit PASS ORB LONG COT/OI -0.25 Headline bearish
| Premarket S/R (LEV6 August) | Price |
|---|---|
| Resistance/value | 219.2-N/A |
| Support/value | N/A-219.2 |
| Prior close | 219.2 |
| Latest completed session | 2026-07-22 close 219.2 |
| 15m ORB high/mid/low | 222.625 / 222.05 / 221.475 |
| 10m ORB high/mid/low | 222.625 / 222.05 / 221.475 |
| Bias | Long setup is active as research context - buy-dip/hold only, no extension chase. Audit=PASS; ORB=DAILY_LONG_CONFIRMED / LONG. |
|---|---|
| Trade Triggers | Short: Only after failed high, loss of ORB midpoint, and volume confirms rejection. Long: Held pullback, failed downside break, or acceptance above ORB midpoint with MBO/DOM support. |
| Invalidation | Short weakens if price reclaims ORB midpoint/prior value and holds with Live/Feeder agreement. |
| No-Trade | No trade on chop through both sides of ORB, Live/Feeder disagreement, or no DOM confirmation. |
Gap: Flat/small gap: ORB behavior matters most; early DOWN with midpoint hold can matter, but avoid late chase.
Last-Four Regime / OI: Last four sessions showed better buy response: 3 of 4 settled with first ORB direction, then 2026-06-15 became the first first-break-DOWN trap long since May 7. OI does not yet confirm the last-four-day regime shift. Treat price/ORB behavior as primary until the next exchange-published OI print updates.
Context: Headline: bearish Big Four Packer Shock (0.0). COT/OI: POST_COT_OI_CONTRACTION_LIQUIDATION_CONTEXT score -0.25.
Main ORB final: DAILY_LONG_CONFIRMED / LONG
By 09:00 the market is up >=80 ticks, above ORB, and first break is UP; retracement research strongly favored continuation. Peer contract confirms the same daily long state. Edge framework: Tape signal is fighting at least one major hard-data truth factor.
Decision engine: LONG 27/100 - NO_TRADE_CONTEXT_ONLY
Live Cattle: LONG research score 27/100. Confirms: 10m and 15m ORB agree on first-break side; Databento 1m volume exists after first break; Final-session bars retain volume confirmation. Risks: Latest close is not cleanly accepted beyond both ORBs; Midpoint touch after break reduces cleanliness; Opposite break after first break reduces trust.
OI: 2026-07-23 - Price up + OI up = bullish participation / new longs.
Regime/OI Confirmation: NOT_CONFIRMED
OI is exchange-published next-business-morning context; it confirms through 2026-07-23, but cannot confirm today's intraday trap or continuation.
Newsquawk/headline: STALE_HEADLINE_CONTEXT / Big Four Packer Shock / score 0.0
JBS to close Souderton beef plant and Memphis facility amid cattle shortage
COT/OI: POST_COT_OI_CONTRACTION_LIQUIDATION_CONTEXT / score -0.25 / post-COT gap -7612.0
Open interest contracted after the COT report; trend signals may be liquidation rather than fresh participation.
| Watch First |
|---|
|
| Decision Map | Key Levels |
|---|---|
Short setup confirms Short setup fails / repair begins Two-sided chop | Prior close: 219.2 Upper reject / acceptance band: 237.222-243.70 Lower support / washout band: 233.263 / 236.025-236.275 Open: 221.775 10m ORB high/mid/low: 222.625 / 222.05 / 221.475 15m ORB high/mid/low: 222.625 / 222.05 / 221.475 Support/value: N/A-219.2 Resistance/value: 219.2-N/A Latest completed session: 2026-07-22 close 219.2 |
No-trade warnings
Last Refresh CT: 2026-07-26T01:14:50.326800-05:00
Signal: LC PREOPEN waiting for 08:30 CT RTH open | FC PREOPEN waiting for 08:30 CT RTH open | STAGED LC CONFIRMED_EARLY_TRAP_WATCH SHORT | FC OPPOSITE_BREAK_ACCEPTED SHORT
Symbol:
Updated: 2026-07-26T01:14:49.646509-05:00 | Age Seconds: 91770.2
Latest: CT /
10m ORB: | complete= | H/L/M //
First 15 Complete:
First 15 Side:
First 15 High / Low / Mid: / /
Control Line:
Score: /
Action: No current-session RTH rows yet; waiting for the 08:30 CT open.
V9 Trap Watch: /
Symbol:
Updated: | Age Seconds: 91770.2
Latest: CT /
10m ORB: | complete= | H/L/M //
15m ORB: | complete= | H/L/M //
Control Line:
Action: No current-session RTH rows yet for Feeder Cattle; waiting for the 08:30 CT open.
This card reads the live-updating ORB model output. Staged ORB uses 10m detection, 15m side confirmation, midpoint upgrade, and opposite-break validation. After cattle RTH closes, today's completed ORB bars are retained as SESSION_COMPLETE rather than marked stale.
Usable: False
Last Refresh CT: 2026-07-26T01:14:50.895130-05:00
Signal: LC UNAVAILABLE PENDING risk None | FC UNAVAILABLE
Status: UNAVAILABLE
Reason:
Status: UNAVAILABLE
Reason:
Live trap/reversal guard uses today's live ORB feed. It blocks first-break chasing and waits for confirmation instead of using yesterday's historical ORB as current.
Signal: Live Cattle repairs 1/3 win 0.0% | Feeder Cattle repairs 2/4 win 0.0%
| Market | Symbol | First Break | Scout | Armed | 30m | Close PnL Ticks |
|---|
| Market | Repairs | Win | Avg Close | Avg MFE | Avg MAE |
|---|---|---|---|---|---|
| live_cattle | 1/3 | 0.0% | -54.0 | 10.0 | 66.0 |
| feeder_cattle | 2/4 | 0.0% | -59.0 | 129.5 | 59.5 |
Repair Scout is an early-warning research layer for failed first breaks and opposite ORB edge acceptance. It does not authorize execution.
Usable: False
Source: Databento exchange-published OI checked against the closed-day ORB setup
Last Refresh CT: 2026-07-24T18:37:19.264578-05:00
Signal: LC: Waiting for 2026-07-24 OI after 2026-07-27 morning publication | FC: Waiting for 2026-07-24 OI after 2026-07-27 morning publication
Verdict: NOT_CONFIRMED
Window: 2026-06-10, 2026-06-11, 2026-06-12, 2026-06-15
Buy response improved in the last four sessions; June 15 was the first first-break-DOWN trap long since May 7.
Last-four price regime is improving, but OI only confirms through 2026-07-23. August net OI -6,662; Oct+Dec net OI 4,099; June net OI 0. This confirms roll/deferred participation and partial August support, through the latest completed session, but it cannot confirm today's intraday trap or continuation.
Current ORB: 2026-07-24 | first UP | resolved UP | FULL ORB TRAP | INSIDE_ABOVE_MID
Target OI Trade Date: 2026-07-24
Expected OI Publish: 2026-07-27 morning
Latest OI Trade Date: 2026-07-23
Contract:
OI / OI Change: /
Cleared Volume:
Settle / Price Change: /
OI Direction Side:
Review: Waiting for 2026-07-24 OI after 2026-07-27 morning publication
Latest OI trade date is 2026-07-23; current ORB setup date is 2026-07-24. This is normal before next-business-morning OI publication.
Current ORB: 2026-07-24 | first UP | resolved UP | FULL ORB TRAP | INSIDE_ABOVE_MID
Target OI Trade Date: 2026-07-24
Expected OI Publish: 2026-07-27 morning
Latest OI Trade Date: 2026-07-23
Contract:
OI / OI Change: /
Cleared Volume:
Settle / Price Change: /
OI Direction Side:
Review: Waiting for 2026-07-24 OI after 2026-07-27 morning publication
Latest OI trade date is 2026-07-23; current ORB setup date is 2026-07-24. This is normal before next-business-morning OI publication.
Compares the current closed trading day's ORB read with the next-business-morning OI trade date. Before OI publishes, this card should stay pending.
Usable: False
Source: Databento GLBX.MDP3 ohlcv-1m continuous futures; next-trading-day historical research
Last Refresh CT: 2026-07-24T18:37:18.967910-05:00
Signal: LC: 38 historical upside samples; 42% next-day close continuation; 58% reversal close | FC: 41 historical upside samples; 46% next-day close continuation; 54% reversal close
Current Setup: 2026-07-24 | UP | FULL ORB TRAP | INSIDE_ABOVE_MID
Cohort: same_break_side
Samples: 38
Next-Day Close Continuation: 42%
Gap In Direction: 53%
Touched Follow-Through: 90%
Reversal Close: 58%
Avg / Median Close Pts: -0.17 / -0.1
Avg Fav / Adv Excursion: 1.772 / 1.982
| Setup | Next | Setup Label | Setup Close | Next Open | Next Close | Close Pts | Fav Pts | Adv Pts | Cont |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-16 | 2026-06-17 | ACCEPTED FIRST BREAK | 249.125 | 249.125 | 249.05 | -0.075 | 0.725 | 1.225 | False |
| 2026-06-17 | 2026-06-18 | OPPOSITE DOWNSIDE BREAK | 249.05 | 248.225 | 246.75 | -2.3 | 0.0 | 3.275 | False |
| 2026-06-24 | 2026-06-25 | FAILED UPSIDE BREAK | 246.65 | 247.4 | 247.225 | 0.575 | 1.75 | 1.025 | True |
| 2026-07-06 | 2026-07-07 | FAILED UPSIDE BREAK | 239.375 | 239.2 | 238.35 | -1.025 | 0.45 | 2.325 | False |
| 2026-07-10 | 2026-07-13 | OPPOSITE DOWNSIDE BREAK | 235.0 | 230.55 | 230.825 | -4.175 | 0.0 | 4.625 | False |
| 2026-07-13 | 2026-07-14 | FAILED UPSIDE BREAK | 230.825 | 230.15 | 227.75 | -3.075 | 0.0 | 3.425 | False |
| 2026-07-20 | 2026-07-21 | RE-ACCEPTED UPSIDE BREAK | 223.3 | 223.85 | 223.05 | -0.25 | 1.375 | 1.325 | False |
| 2026-07-23 | 2026-07-24 | RE-ACCEPTED UPSIDE BREAK | 221.475 | 221.775 | 222.575 | 1.1 | 2.65 | 0.7 | True |
Current Setup: 2026-07-24 | UP | FULL ORB TRAP | INSIDE_ABOVE_MID
Cohort: same_break_side
Samples: 41
Next-Day Close Continuation: 46%
Gap In Direction: 58%
Touched Follow-Through: 93%
Reversal Close: 54%
Avg / Median Close Pts: 0.055 / -0.175
Avg Fav / Adv Excursion: 3.147 / 2.978
| Setup | Next | Setup Label | Setup Close | Next Open | Next Close | Close Pts | Fav Pts | Adv Pts | Cont |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-24 | 2026-06-25 | RE-ACCEPTED UPSIDE BREAK | 373.225 | 375.1 | 373.025 | -0.2 | 4.175 | 2.175 | False |
| 2026-07-06 | 2026-07-07 | RE-ACCEPTED UPSIDE BREAK | 360.825 | 360.825 | 360.85 | 0.025 | 1.7 | 1.775 | True |
| 2026-07-09 | 2026-07-10 | OPPOSITE DOWNSIDE BREAK | 356.275 | 357.15 | 354.375 | -1.9 | 2.125 | 4.825 | False |
| 2026-07-10 | 2026-07-13 | OPPOSITE DOWNSIDE BREAK | 354.375 | 354.5 | 354.2 | -0.175 | 4.175 | 1.4 | False |
| 2026-07-13 | 2026-07-14 | FAILED UPSIDE BREAK | 354.2 | 353.45 | 349.625 | -4.575 | 0.0 | 6.25 | False |
| 2026-07-17 | 2026-07-20 | OPPOSITE DOWNSIDE BREAK | 345.925 | 345.75 | 352.55 | 6.625 | 6.675 | 0.875 | True |
| 2026-07-20 | 2026-07-21 | RE-ACCEPTED UPSIDE BREAK | 352.55 | 352.45 | 349.4 | -3.15 | 0.925 | 4.75 | False |
| 2026-07-23 | 2026-07-24 | RE-ACCEPTED UPSIDE BREAK | 340.125 | 341.0 | 342.05 | 1.925 | 5.35 | 2.875 | True |
Historical next-trading-day behavior after days matching the current 15m ORB setup. This is research context only, not a standalone trade signal.
Usable: False
Last Refresh CT: 2026-07-26T01:14:57.799620-05:00
Signal: LC DO_NOT_PROMOTE adj -5 | FC DO_NOT_PROMOTE adj -4
Side: LONG
Base Score: 27
Context Adjustment: -5
Adjusted Research Score: 22
Promotion Blocked: True
Reason: Context may inform risk, but hard confirmation is pending or weak.
Confirms:
volatility_calendar: 08:30-08:45 CT is the highest-volatility bucket; ORB window choice is supported.
next_day_history: Next-day historical cohort has usable sample size (38).
cot_positioning: Managed Money net position is long-side aligned.
Risks / Guardrails:
volatility_calendar: Current day-of-week is historically high-volatility; require acceptance instead of first-break chase.
tick_behavior: Last-20 range expanded by 42.25 ticks vs prior 20; old stop/target assumptions are stale.
tick_behavior: ORB return/failure rate is high at 85.0%; no first-break chase.
tick_behavior: Recent close distribution does not strongly favor the model direction.
mbo_pressure: MBO pressure is waiting for current-session order-book data.
next_day_history: Next-day continuation rate is not strong (42.1%).
cot_positioning: COT is weekly/lagging; use as positioning context, not a live trigger.
tomorrow_oi: Tomorrow OI Review is pending; cannot promote to execution-quality confirmation.
Side: LONG
Base Score: 27
Context Adjustment: -4
Adjusted Research Score: 23
Promotion Blocked: True
Reason: Context may inform risk, but hard confirmation is pending or weak.
Confirms:
volatility_calendar: 08:30-08:45 CT is the highest-volatility bucket; ORB window choice is supported.
tick_behavior: Recent ORB acceptance is elevated at 70.0%.
next_day_history: Next-day historical cohort has usable sample size (41).
cot_positioning: Managed Money net position is long-side aligned.
Risks / Guardrails:
volatility_calendar: Current day-of-week is historically high-volatility; require acceptance instead of first-break chase.
tick_behavior: Last-20 range expanded by 83.05 ticks vs prior 20; old stop/target assumptions are stale.
tick_behavior: ORB return/failure rate is high at 85.0%; no first-break chase.
tick_behavior: Recent close distribution does not strongly favor the model direction.
mbo_pressure: MBO pressure is currently scoped to Live Cattle only.
next_day_history: Next-day continuation rate is not strong (46.3%).
cot_positioning: COT is weekly/lagging; use as positioning context, not a live trigger.
tomorrow_oi: Tomorrow OI Review is pending; cannot promote to execution-quality confirmation.
Regime Context Guard converts research reports into guarded confidence/risk modifiers. It is intentionally not a standalone trade signal and cannot enable execution.
Required Databento 1m/OI files are present. OI remains exchange-published lagging context, not live intraday confirmation.
Usable: True
Latest Data CT:
Last Refresh CT:
Age Seconds:
Source:
Decision Engine V4 is active in intraday-only research mode. Live Cattle: LONG score 27/100 (NO_TRADE_CONTEXT_ONLY). Feeder Cattle: LONG score 27/100 (NO_TRADE_CONTEXT_ONLY). Live trade remains disabled. Only live ORB, price, volume and trap/reversal state affect the intraday score; OI, SMA, macro, fundamentals and market thesis are context only.
Usable: False
Latest Data CT:
Last Refresh CT:
Age Seconds:
Source:
No market passed execution gate. Live trade remains disabled.
Usable: False
Latest Data CT:
Last Refresh CT:
Age Seconds:
Source:
MBO pressure waits for 08:30 CT RTH data.
Usable: False
Latest Data CT:
Last Refresh CT:
Age Seconds:
Source:
ORB research is wired into Alpha Current as a research and warning layer only. It does not enable live trade by itself. Full-day RF is research-only; live-safe RF with curve is the current warning layer.
Research Window: 2020-01-02 through 2026-05-22
Role: Research / warning only - not a live trade trigger.
Core Rule: No chase. Wait for close-back-inside, midpoint, opposite break, and curve confirmation.
Same-Bar Return: 97.4%
Close Back Inside: 92.5%
Midpoint Close Cross: 60.2%
Opposite Break: 37.5%
All 3 Same Break Side: 77.8%
Front/Back Diverged: 46.7%
Best Live-Safe Time: 10:00 CT
10:00 Trap Hit Rate: 82.9%
10:00 Continuation Hit: 71.6%
Labels: NO-CHASE FIRST BREAK, CONTINUATION WATCH, TRAP WARNING, FAILED DRIVE RISK, CURVE CONFIRMED, CURVE DIVERGENCE / WATCH ONLY, INCOMPLETE SETUP
Usable: True
Latest Data CT:
Last Refresh CT: 2026-05-25T14:06:29.085472-05:00
Age Seconds:
Source:
Latest OI trade_date is 2026-07-23. Latest available prior-day OI context is current. This module is background only and cannot confirm today's intraday move live.
Latest OI Date: 2026-07-23
Total OI: 306016.0
Total OI Change: 1862.0
| Symbol | Contract | OI | 1D | 3D | 5D | 10D | 20D | Vol | Settle | Settle Chg |
|---|---|---|---|---|---|---|---|---|---|---|
| LEM6 | June 2026 Live Cattle | 0.0 | 0.0 | -516.0 | -2925.0 | -8355.0 | -31582.0 | 0.0 | ||
| LEQ6 | August 2026 Live Cattle | 50794.0 | -1576.0 | -6662.0 | -10926.0 | -41816.0 | -80136.0 | 9958.0 | 225.4 | 2.200000000000017 |
| LEV6 | October 2026 Live Cattle | 119570.0 | 2086.0 | 2794.0 | 1419.0 | 23365.0 | 36697.0 | 22370.0 | 221.375 | 2.1750000000000114 |
| LEZ6 | December 2026 Live Cattle | 68474.0 | 247.0 | 1305.0 | 1103.0 | 4037.0 | 8429.0 | 9657.0 | 220.675 | 1.875 |
| LEG7 | February 2027 Live Cattle | 35586.0 | -72.0 | 1120.0 | 1595.0 | 4831.0 | 8352.0 | 6722.0 | 221.6 | 1.6999999999999886 |
| LEJ7 | April 2027 Live Cattle | 21527.0 | 872.0 | 2662.0 | 3825.0 | 4091.0 | 5568.0 | 4039.0 | 223.325 | 1.799999999999983 |
| LEM7 | June 2027 Live Cattle | 7246.0 | 265.0 | 680.0 | 1227.0 | 1923.0 | 2476.0 | 1150.0 | 217.525 | 1.700000000000017 |
| LEQ7 | August 2027 Live Cattle | 2819.0 | 40.0 | 224.0 | 475.0 | 693.0 | 1205.0 | 302.0 | 214.825 | 1.549999999999983 |
Usable: True
Latest Data CT: 2026-07-23
Last Refresh CT: 2026-07-24T18:35:13.514573-05:00
Age Seconds:
Source: /opt/alpha/data/databento_live_cattle_open_interest_latest.csv