{
  "publication_type": "forensic_audit",
  "execution_certified": false,
  "reference_close": "2026-09-11",
  "prior_results": {
    "path": "scanner/retrospective/20260912-completed/retro-results.json",
    "sha256": "998663475c51d374ab9328245cccca511ae173c2d4f8394789e81852ab0767c7"
  },
  "prior_html": {
    "path": "scanner/retrospective/20260912-completed/index.html",
    "sha256": "ebfd7f7463d1095d4211e97a7609be756bac5a3f75e2c29c5e2cac0dc956baad"
  },
  "execution_audit": {
    "scans_requiring_vwap": 6,
    "proposals": 56,
    "activation_confirmations_attested": 0,
    "meaning_of_zero": "No attested confirmation in available evidence; not proof that no trade occurred.",
    "explicit_null_vwap_records": 17,
    "automatic_allocation_rejected_scan_dates": [
      "2026-08-31",
      "2026-09-01"
    ],
    "published_levels_precede_measured_sessions": true,
    "limitations": [
      "Git commit timestamps prove repository availability, not exact public deployment time.",
      "24 and 25 August lack full contemporary source harnesses.",
      "Published VWAP/EMA/portfolio capacity gates are not replayed by the old price-level simulator.",
      "Some historical prose mentions a 3% chase cutoff whereas the shared level simulator uses 2%; no thresholds are retrofitted."
    ]
  },
  "loss_concentration_24_aug_pct": 95.93040401061634,
  "pullback_without_ftnt_mean_r": -0.3878333333333333,
  "stop_gap_excess_loss_r": 0.9089999999999998,
  "benchmark_and_entry_diagnostics": {
    "benchmark_source": {
      "path": "scanner/retrospective/20260912/_data/collections-v2/20260824/bench.json",
      "sha256": "eec0a474d84d6be23e502a917f405620a91be508cadb867038dac115e5dea925"
    },
    "benchmark_definition": "Unlevered buy at scan session open, sell at horizon session close; not alpha or a risk-matched comparison with intraday exits.",
    "benchmark_by_mature_scan": [
      {
        "scan_date": "2026-08-24",
        "horizon_end": "2026-09-09",
        "SPY": -0.3112006067104267,
        "QQQ": 0.9370826786182951,
        "IWM": -2.9744293020962376
      },
      {
        "scan_date": "2026-08-25",
        "horizon_end": "2026-09-10",
        "SPY": -1.0872273529324517,
        "QQQ": -0.3557127690043571,
        "IWM": -3.9719626168224442
      },
      {
        "scan_date": "2026-08-27",
        "horizon_end": "2026-09-11",
        "SPY": -0.5478204294079414,
        "QQQ": -0.28592753629050893,
        "IWM": -3.30685922510936
      }
    ],
    "no_fill_later_zone_touch": [
      {
        "scan_date": "2026-08-25",
        "ticker": "DAR",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": "2026-08-25T15:00:00Z"
      },
      {
        "scan_date": "2026-08-25",
        "ticker": "SLV",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": "2026-08-25T15:15:00Z"
      },
      {
        "scan_date": "2026-08-27",
        "ticker": "VRNS",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-27",
        "ticker": "LYFT",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": "2026-08-27T14:30:00Z"
      },
      {
        "scan_date": "2026-08-27",
        "ticker": "KDP",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-27",
        "ticker": "PCG",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-28",
        "ticker": "CIFR",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-28",
        "ticker": "GAP",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-31",
        "ticker": "BDX",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-31",
        "ticker": "RVTY",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-31",
        "ticker": "NWSA",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-31",
        "ticker": "HTGC",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": "2026-08-31T14:00:00Z"
      },
      {
        "scan_date": "2026-08-31",
        "ticker": "PCAR",
        "reason": "gap_down_through_stop",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-31",
        "ticker": "GE",
        "reason": "gap_down_through_stop",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-31",
        "ticker": "ELS",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-08-31",
        "ticker": "IGV",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": "2026-08-31T19:00:00Z"
      },
      {
        "scan_date": "2026-08-31",
        "ticker": "KBE",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-09-01",
        "ticker": "AAPL",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": "2026-09-01T13:45:00Z"
      },
      {
        "scan_date": "2026-09-01",
        "ticker": "NVDA",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-09-01",
        "ticker": "AMZN",
        "reason": "gap_down_through_stop",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-09-01",
        "ticker": "CRWD",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-09-01",
        "ticker": "TSLA",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-09-01",
        "ticker": "IWM",
        "reason": "gap_down_through_stop",
        "later_zone_touch_same_day": null
      },
      {
        "scan_date": "2026-09-01",
        "ticker": "XLB",
        "reason": "opening_window_missed",
        "later_zone_touch_same_day": null
      }
    ],
    "no_fill_later_zone_touch_count": 6
  },
  "narrative_sources": [
    {
      "url": "https://www.bea.gov/news/schedule/full",
      "claim": "PCE release scheduled for 26 August 2026; contextual date only, no causal attribution."
    },
    {
      "url": "https://www.kansascityfed.org/research/jackson-hole-economic-symposium/2026/",
      "claim": "Symposium 27–29 August 2026; contextual date only, no causal attribution."
    }
  ],
  "corrections_implemented": [
    "The level simulator refuses implicit execution and requires --levels-only.",
    "New output explicitly states execution_certified=false and hypothetical performance basis.",
    "Renderer discloses unverified activation conditions, with a QA gate for this disclosure.",
    "Historical publications and levels remain unchanged; this audit corrects their interpretation."
  ]
}