# TSM Intraday Execution Update

- Analysis As-Of: `2026-04-15T03:24:44.936018+09:00`
- Market Data As-Of: `2026-04-14T14:55:00-04:00`
- Execution As-Of: `2026-04-15T03:56:29.340222+09:00`
- Decision State: **WAIT**
- Decision Now: **NONE**
- Decision If Triggered: **NONE**
- Staleness: `89s`
- Data Health: `OK`

## Explanation

- `portfolio_stance` remains `BULLISH` with `thesis_state` `constructive`, `entry_action_base` `WAIT`, `setup_quality` `DEVELOPING`, and `confidence` `0.69`.
- Execution update stays `WAIT` / `NONE`: `last_price` `380.6199951171875` is above `session_vwap` `377.83877739399475`, but `breakout_hit_intraday` is `false`, `close_confirmation_pending` is `false`, `pullback_zone_active` is `false`, and `invalidated` is `false`.
- Market state is `INTRADAY` with `volume_state` `UNCONFIRMED`, `event_state` `OPEN`, `relative_volume` `0.9349419542624664`, and `data_health` `OK`, so the system is still `NO_TRADE` until a trigger confirms.