{"schema":"seiche.gauge.v1","generated_at":"2026-09-28T04:22:57+00:00","index":41.5,"regime":"EROSION","coverage_pct":100.0,"tell":29.5,"p_event_5bd":0.072,"p_event_5bd_dispersion":0.022,"p_event_5bd_members":{"rule":0.096,"ml":0.053,"tide":0.06,"swell":0.037,"bathy":0.037,"tell":0.066,"modelcourt":0.2207},"next_turn":{"date":"2026-09-30","mode":"quarter_end","forecast_bp":5.2,"forecast_model_bp":11.9,"forecast_naive_bp":5.2,"published":"naive","band_bp":[1.2,10.1],"severity":2,"severity_scale":"1 calm .. 5 extreme (cutoffs [3.0, 6.0, 12.0, 20.0] bp)"},"crunch_windows":[{"date":"2026-09-30","forecast_reserves_b":2922.2,"worst_case_b":2874.1,"settlement_b":null,"reason":"calendar pressure date while reserves sit below the estimated kink"},{"date":"2026-10-01","forecast_reserves_b":2881.5,"worst_case_b":2827.3,"settlement_b":316.0,"reason":"$316B auction settlement while reserves sit below the estimated kink"}],"faults":0,"notes":"point-in-time as-published; PROOF scoreboard at /api/public; not investment advice"}