ORB LIVE READ

Daily ORB, trap/reversal, OI timing, next-day historicals, and live-read gates in one focused page.
Current CT: 2026-06-09 11:28:40 CT

Official Decision

PARTIAL

Official Read: LIVE TRADE LAB AVAILABLE

Live Trade Status: ENABLED

Usable: True

Research Context: orb_research=PASS, open_interest=PASS, cot_positioning=PASS, boxed_beef=PASS, cash_cattle=PASS, cattle_on_feed=PASS, macro_watch=WATCH, august_retracement=PASS

Reason: Trade Lab is live-current. Research context remains separate background confirmation.

Live ORB Feed

LIVE

Last Refresh CT: 2026-06-09T08:46:46.778862-05:00

Signal: LC LIVE LEQ6 08:46 237.425 | FC LIVE FEED NOT WIRED

Live Cattle Live ORB

LIVE

Symbol: LEQ6

Updated: 2026-06-09T08:46:02.076818-05:00 | Age Seconds: 44.5

Latest: 08:46 CT / 237.425

First 15 Complete: True

First 15 Side: DOWN

First 15 High / Low / Mid: 238.0 / 237.4 / 237.7

Control Line: WAIT_FOR_11_30

Score: 55 / BIAS_ONLY_WAITING

Action: Wait for 11:30 control-line check.

V9 Trap Watch: NO CANDIDATE / WAIT FOR LIVE ORB CANDIDATE

Feeder Cattle Live ORB

UNAVAILABLE

Status: UNAVAILABLE

Reason: No live Feeder Cattle ORB feed file is wired yet. Feeder card remains historical/research context until GF live bars are added.

This card reads the live-updating ORB model output. Historical Databento ORB research is kept separate and must not overwrite this live feed.

Live Trap / Reversal Guard

LIVE_TRAP_WATCH

Usable: False

Last Refresh CT: 2026-06-09T08:48:02.423016-05:00

Signal: LC LIVE_TRAP_WATCH DOWN risk 54.2 | FC LIVE FEED NOT WIRED

Live Cattle Trap Watch

Symbol: LEQ6

Updated: 2026-06-09T08:47:02.194316-05:00 | Age Seconds: 60.1

Latest: 08:47 CT / 237.775

First 15: DOWN | complete=True

High / Low / Mid: 238.0 / 237.4 / 237.7

Range: 24.0 ticks

Control Line: WAIT_FOR_11_30 / BIAS_ONLY_WAITING

Historical Trap Risk: 54.2

Confirms:
First 15m ORB is complete: DOWN bias, high 238.0, low 237.4, midpoint 237.7.

Risks / Guardrails:
No first-break chase. Live ORB must prove acceptance or failure.
Trap/reversal guard is waiting for return-inside, midpoint, opposite break, and 11:30/12:30 control-line confirmation.
Two-year Live Cattle base: trap 52.8%, reversal 36.0%.
Live first-15 side DOWN: historical trap 55.2%, reversal 38.2%.
Current first-15 range maps to Q1_SMALL: trap 54.6%, reversal 49.2%.

Feeder Cattle Trap Watch

Status: UNAVAILABLE

Reason: No live Feeder Cattle ORB feed is wired yet. Feeder live trap/reversal guard will stay unavailable until GF live bars are added.

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.

Tomorrow OI Review

PASS

Usable: False

Source: Databento exchange-published OI checked against the closed-day ORB setup

Last Refresh CT: 2026-06-09T07:56:41.972801-05:00

Signal: LC: LIQUIDATION / LONG EXIT (PARTIAL) | FC: LIQUIDATION / LONG EXIT (PARTIAL)

Live Cattle Tomorrow OI

CONFIRMED

Current ORB: 2026-06-08 | DOWN | ACCEPTED FIRST BREAK | BELOW_ORB

Target OI Trade Date: 2026-06-08

Expected OI Publish: 2026-06-09 morning

Latest OI Trade Date: 2026-06-08

Contract: LEQ6 August 2026 Live Cattle

OI / OI Change: 137002.0 / -1957.0

Cleared Volume: 40292.0

Settle / Price Change: 236.725 / -4.925000000000011

Review: LIQUIDATION / LONG EXIT (PARTIAL)

Downside move lost open interest; bearish pressure happened, but may be liquidation instead of fresh shorts.

Feeder Cattle Tomorrow OI

CONFIRMED

Current ORB: 2026-06-08 | DOWN | RE-ACCEPTED DOWNSIDE BREAK | BELOW_ORB

Target OI Trade Date: 2026-06-08

Expected OI Publish: 2026-06-09 morning

Latest OI Trade Date: 2026-06-08

Contract: GFQ6 August 2026 Feeder Cattle

OI / OI Change: 28925.0 / -639.0

Cleared Volume: 9750.0

Settle / Price Change: /

Review: LIQUIDATION / LONG EXIT (PARTIAL)

Downside move lost open interest; bearish pressure happened, but may be liquidation instead of fresh shorts.

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.

Next Trading Day Historical

PASS

Usable: False

Source: Databento GLBX.MDP3 ohlcv-1m continuous futures; next-trading-day historical research

Last Refresh CT: 2026-06-09T07:54:20.728768-05:00

Signal: LC: 4 historical downside samples; 50% next-day close continuation; 50% reversal close | FC: 20 historical downside samples; 60% next-day close continuation; 40% reversal close

Open Full Historical Breakout

Live Cattle Next Day

PASS

Current Setup: 2026-06-08 | DOWN | ACCEPTED FIRST BREAK | BELOW_ORB

Cohort: exact_label_and_close_location

Samples: 4

Next-Day Close Continuation: 50%

Gap In Direction: 25%

Touched Follow-Through: 75%

Reversal Close: 50%

Avg / Median Close Pts: -0.562 / -0.012

Avg Fav / Adv Excursion: 2.9 / 2.013

SetupNextSetup LabelSetup Close Next OpenNext CloseClose Pts Fav PtsAdv PtsCont
2026-03-132026-03-16ACCEPTED FIRST BREAK228.85228.925231.85-3.00.03.475False
2026-04-162026-04-17ACCEPTED FIRST BREAK247.6247.675247.150.454.5750.775True
2026-05-082026-05-11ACCEPTED FIRST BREAK249.175249.425249.65-0.4753.72.975False
2026-05-212026-05-22ACCEPTED FIRST BREAK240.15239.35239.3750.7753.3250.825True

Feeder Cattle Next Day

PASS

Current Setup: 2026-06-08 | DOWN | RE-ACCEPTED DOWNSIDE BREAK | BELOW_ORB

Cohort: exact_label_and_close_location

Samples: 20

Next-Day Close Continuation: 60%

Gap In Direction: 50%

Touched Follow-Through: 90%

Reversal Close: 40%

Avg / Median Close Pts: 0.705 / 1.663

Avg Fav / Adv Excursion: 3.851 / 3.041

SetupNextSetup LabelSetup Close Next OpenNext CloseClose Pts Fav PtsAdv PtsCont
2026-05-042026-05-05RE-ACCEPTED DOWNSIDE BREAK366.975367.75372.225-5.250.06.3False
2026-05-072026-05-08RE-ACCEPTED DOWNSIDE BREAK366.675368.5364.152.5255.0753.725True
2026-05-112026-05-12RE-ACCEPTED DOWNSIDE BREAK362.45365.0356.06.456.555.05True
2026-05-142026-05-15RE-ACCEPTED DOWNSIDE BREAK358.225356.6361.275-3.052.2253.975False
2026-05-182026-05-19RE-ACCEPTED DOWNSIDE BREAK358.775357.5363.85-5.0751.555.35False
2026-05-212026-05-22RE-ACCEPTED DOWNSIDE BREAK356.525353.775350.1756.3512.250.0True
2026-05-222026-05-26RE-ACCEPTED DOWNSIDE BREAK350.175348.7349.3750.82.7753.2True
2026-05-292026-06-01RE-ACCEPTED DOWNSIDE BREAK348.925347.9351.175-2.251.4754.825False

Historical next-trading-day behavior after days matching the current 15m ORB setup. This is research context only, not a standalone trade signal.

Regime Context Guard

PASS

Usable: False

Last Refresh CT: 2026-06-09T11:27:19.487830-05:00

Signal: LC NEUTRAL adj -3 | FC MILD_SUPPORT adj 2

Live Cattle

NEUTRAL

Side: SHORT

Base Score: 0

Context Adjustment: -3

Adjusted Research Score: 0

Promotion Blocked: False

Reason: Context is mixed or not strong enough to change confidence.

Confirms:
volatility_calendar: 08:30-08:45 CT is the highest-volatility bucket; ORB window choice is supported.
tick_behavior: Recent close distribution favors downside (55.0% down vs 45.0% up).
cot_positioning: Live Cattle MM remains heavily net long; bearish reads are liquidation-risk context.
tomorrow_oi: Tomorrow OI partially supports context: LIQUIDATION / LONG EXIT (PARTIAL)

Risks / Guardrails:
volatility_calendar: Current date is in a historically high-volatility month; widen risk and avoid chase.
volatility_calendar: Current date is in a historically high-volatility week-of-month; expect larger ORB and wider noise.
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.
next_day_history: Next-day historical cohort has only 4 samples; do not promote confidence from this.
cot_positioning: COT is weekly/lagging; use as positioning context, not a live trigger.
tomorrow_oi: OI confirmation is partial, not fresh-position expansion.

Feeder Cattle

MILD_SUPPORT

Side: SHORT

Base Score: 0

Context Adjustment: 2

Adjusted Research Score: 2

Promotion Blocked: False

Reason: Context modestly supports the base read.

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%.
tick_behavior: Recent close distribution favors downside (60.0% down vs 40.0% up).
next_day_history: Next-day historical cohort has usable sample size (20).
next_day_history: Next-day continuation rate is supportive at 60.0%.
cot_positioning: Feeder Cattle gross MM short is historically meaningful (77.66 percentile), but not a standalone signal.
tomorrow_oi: Tomorrow OI partially supports context: LIQUIDATION / LONG EXIT (PARTIAL)

Risks / Guardrails:
volatility_calendar: Current date is in a historically high-volatility week-of-month; expect larger ORB and wider noise.
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.
cot_positioning: COT is weekly/lagging; use as positioning context, not a live trigger.
tomorrow_oi: OI confirmation is partial, not fresh-position expansion.

Regime Context Guard converts research reports into guarded confidence/risk modifiers. It is intentionally not a standalone trade signal and cannot enable execution.

Pro Data

PASS

Usable: True

Source:

Latest Data CT:

Last Refresh CT:

Age Seconds:

Signal: DATABENTO PRO DATA FILES AVAILABLE

Bias: DATA QUALITY

Confidence: MEDIUM

Required Databento 1m/OI files are present. OI remains exchange-published lagging context, not live intraday confirmation.

Decision Engine V2

RESEARCH_ONLY

Usable: False

Source:

Latest Data CT:

Last Refresh CT:

Age Seconds:

Signal: LC NONE 0/100 | FC NONE 0/100

Bias: SEPARATE MARKET RESEARCH READS

Confidence: LOW

Decision Engine V2 is active in research-only mode. Live Cattle: NONE score 0/100 (NO_DECISION). Feeder Cattle: NONE score 0/100 (NO_DECISION). Live trade remains disabled. OI is exchange-published next-business-morning context, so same-day execution cannot wait for intraday OI; execution needs live price/volume confirmation plus explicit approval.

Execution Gate

EXECUTION_BLOCKED

Usable: False

Source:

Latest Data CT:

Last Refresh CT:

Age Seconds:

Signal: Execution gate blocked for LC and FC

Bias: RISK GATE

Confidence: LOW

No market passed execution gate. Live trade remains disabled.

ORB Research

PASS

Usable: True

Source:

Latest Data CT:

Last Refresh CT: 2026-05-25T14:06:29.085472-05:00

Age Seconds:

Signal: ORB RESEARCH READY — LIVE-SAFE MODEL AVAILABLE

Bias: NO-CHASE FIRST BREAK / 10:00 TRAP WARNING STRONGEST

Confidence: MEDIUM

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

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.

Open Interest

PASS

Usable: True

Source: /opt/alpha/data/databento_live_cattle_open_interest_latest.csv

Latest Data CT: 2026-06-08

Last Refresh CT: 2026-06-09T11:15:01.458921-05:00

Age Seconds:

Signal: LEQ6 OI 137003.0 change -1956.0 | LEM6 OI 17054.0 change -4810.0

Bias: PRIOR-DAY PARTICIPATION CONTEXT

Confidence: MEDIUM

Latest OI Date: 2026-06-08

Total OI: 322217.0

Total OI Change: -7622.0

Symbol Contract OI 1D 3D 5D 10D 20D Vol Settle Settle Chg
LEM6June 2026 Live Cattle17054.0-4810.0-14773.0-20917.0-28107.0-91060.09364.0246.525-3.549999999999983
LEQ6August 2026 Live Cattle137003.0-1956.0-3124.0-3381.0-3123.037167.040292.0236.725-4.925000000000011
LEV6October 2026 Live Cattle74808.0-1419.0-1274.0-416.0-1450.01008.019823.0229.35-4.775000000000006
LEZ6December 2026 Live Cattle50606.0135.0-6.01268.0-708.05536.014581.0229.575-4.100000000000023
LEG7February 2027 Live Cattle24833.0388.0-253.0-216.0-500.03683.05074.0230.4-3.5999999999999943
LEJ7April 2027 Live Cattle12416.018.0426.0799.01055.02480.02570.0230.15-3.299999999999983
LEM7June 2027 Live Cattle4126.024.09.0-34.0103.0408.0285.0223.775-3.1999999999999886
LEQ7August 2027 Live Cattle1371.0-2.087.059.0143.0174.043.0220.725-2.9000000000000057

Latest OI trade_date is 2026-06-08. Latest available prior-day OI context is current. This module is background only and cannot confirm today's intraday move live.