{
  "status": "success",
  "provider": "codex",
  "model": "gpt-5.4",
  "priority_order": [
    "ETN",
    "VRT",
    "VXUS",
    "TSM",
    "AAPL"
  ],
  "portfolio_note": "All provided candidates are WAIT/HOLD with WATCH_TRIGGER translation, while available cash of 694,175 KRW is below the 2,500,000 KRW minimum cash buffer. No immediate adds should be prioritized. Re-ranking favors clearer trigger quality and diversification, while penalizing AI infrastructure/semiconductor concentration, overbought resistance setups, high fallback counts, and missing intraday/data-quality flags.",
  "reason_by_ticker": {
    "ETN": {
      "summary": "Best relative watch candidate: constructive AI power infrastructure thesis, highest trigger quality in the batch, clearer breakout/pullback levels, and somewhat cleaner data than VRT/VXUS. Still HOLD now because price is near 407-408 resistance and entry remains explicitly WAIT.",
      "reason_codes": [
        "constructive_medium_term_thesis",
        "highest_trigger_quality",
        "entry_action_wait",
        "near_resistance_and_highs",
        "volume_confirmation_required",
        "pullback_entry_alternative",
        "high_fallback_count",
        "cash_buffer_breach_no_add"
      ],
      "review_required": true
    },
    "VRT": {
      "summary": "Strong medium-term thesis and highest current score, but demoted behind ETN for overbought rebound, demanding valuation, high fallback count, and concentration overlap with AI infrastructure. Maintain held position only; add only after confirmed volume breakout or controlled support pullback.",
      "reason_codes": [
        "constructive_medium_term_thesis",
        "entry_action_wait",
        "overbought_after_sharp_rebound",
        "valuation_risk_high",
        "volume_confirmation_required",
        "ai_infrastructure_concentration",
        "high_fallback_count",
        "held_position_hold_not_add",
        "cash_buffer_breach_no_add"
      ],
      "review_required": true
    },
    "VXUS": {
      "summary": "Diversification value lifts VXUS above more concentrated tech/AI names despite weaker trigger quality and data flags. It remains a watch-only HOLD because price is near resistance and confirmation is required via pullback rebound or volume-backed breakout.",
      "reason_codes": [
        "portfolio_diversification_benefit",
        "constructive_medium_term_thesis",
        "entry_action_wait",
        "near_resistance_zone",
        "trigger_required_before_add",
        "elevated_momentum_and_volatility",
        "high_fallback_count",
        "data_quality_intraday_gap",
        "cash_buffer_breach_no_add"
      ],
      "review_required": true
    },
    "TSM": {
      "summary": "High-quality AI semiconductor thesis and existing overweight exposure are constructive, but rank is restrained by sector concentration, current portfolio weight, lower timing readiness, and resistance near prior highs. Hold existing exposure; do not add until volume breakout or support retest confirms.",
      "reason_codes": [
        "bullish_thesis_existing_position",
        "entry_action_wait",
        "semiconductor_ai_concentration",
        "existing_position_weight_notable",
        "near_resistance_chase_risk",
        "breakout_needs_volume_confirmation",
        "support_pullback_alternative",
        "event_guidance_confirmation_needed",
        "cash_buffer_breach_no_add"
      ],
      "review_required": true
    },
    "AAPL": {
      "summary": "Lowest priority among provided tickers: acceptable hold with improving technicals, but legacy rating is HOLD, price remains below near-term resistance, event and valuation risks remain unresolved, and trigger quality is modest. Keep as existing exposure only.",
      "reason_codes": [
        "held_position_hold_not_add",
        "legacy_hold_rating",
        "breakout_not_confirmed",
        "below_near_term_resistance",
        "volume_confirmation_required",
        "valuation_limits_sizing",
        "event_risks_unresolved",
        "modest_trigger_quality",
        "cash_buffer_breach_no_add"
      ],
      "review_required": true
    }
  }
}