# TSM Intraday Execution Update

- Analysis As-Of: `2026-04-15T22:22:56.954664+09:00`
- Market Data As-Of: `2026-04-15T15:55:00-04:00`
- Execution As-Of: `2026-04-16T08:13:22.188453+09:00`
- Decision State: **DEGRADED**
- Decision Now: **NONE**
- Decision If Triggered: **NONE**
- Staleness: `11902s`
- Data Health: `STALE`

## Explanation

- TSM remains `BULLISH` with `entry_action_base` = `WAIT`, `setup_quality` = `DEVELOPING`, and `confidence` = 0.7; the thesis is still constructive, but the setup is still `watch_only`.
- The live update is degraded by `data_health` = `STALE` (`staleness_seconds` = 11902), so `decision_state` = `DEGRADED` and `decision_now` = `NONE`; `price_state` = `INTRADAY` with `last_price` = 375.2850036621094 below `session_vwap` = 377.32368022795663.
- `volume_state` = `CONFIRMED` and `relative_volume` = 1.040861811510768, but `breakout_hit_intraday` = false and `close_confirmation_pending` = false; the key trigger remains a close above 378.90 and a test of 384.67-386.64 without losing the close.