{
  "ticker": {
    "uuid": "08e366ba-9c63-489a-af96-4b0cb5175d35",
    "symbol": "SMX",
    "name": "SMX (Security Matters) Public Limited Company Class A Ordinary Shares",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -53.0,
    "architecture_energy": 83.55,
    "architecture_maturity": 100.0,
    "architecture_confidence": 96,
    "architecture_tenure": "Extended",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 24.45,
        "rotation_up": 28.0,
        "upward_expansion": 37.0,
        "deceleration": 23.0,
        "rotation_down": 44.72,
        "downward_expansion": 71.0
      },
      "activity_lines": [
        16.289,
        15.739455,
        33.53737,
        248.759168
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 15.99,
    "trend_reference": 866.706436,
    "distance_from_trend": -0.981551,
    "trend_direction": "Weakening",
    "fair_value": 276287070.798268,
    "distance_from_fair_value": -1.0,
    "fair_value_direction": "Stable",
    "relative_strength": -99.896691,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.995498,
    "excess_performance": -1.182951,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.981551,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.890201,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -1.0,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.0,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.998967,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.000751,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.995498,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.340912,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 109370,
      "relative_activity": 0.014333,
      "balance": 0.340912,
      "dry_up": 0.028423,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.441384,
      "annualized_volatility": 2.179174,
      "from_high_reference": -0.999877,
      "from_low_reference": 0.278177
    },
    "levels": {
      "trend_reference": 866.706436,
      "fair_value_reference": 276287070.798268,
      "structural_low": 12.51,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 41,
        "median_return": -0.355844,
        "positive_rate": 0.219512,
        "directional_follow_through": 0.780488,
        "median_excess_return": -0.375914,
        "regime_survival": 1.0,
        "best_return": 2.777228,
        "worst_return": -0.91744,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": -0.77003,
        "positive_rate": 0.083333,
        "directional_follow_through": 0.916667,
        "median_excess_return": -0.802529,
        "regime_survival": 1.0,
        "best_return": 0.531075,
        "worst_return": -0.98371,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.926611,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -1.077066,
        "regime_survival": 1.0,
        "best_return": -0.886089,
        "worst_return": -0.999678,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.995826,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -1.303729,
        "regime_survival": 1.0,
        "best_return": -0.992653,
        "worst_return": -0.999975,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-06-16",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -1.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 2828385293.499486,
        "volume": 18622796,
        "typical_volume": 23412749.45,
        "trend": 62971926374.70727,
        "fair_value": 199048577747.56903,
        "relative_strength": -98.516042,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.985088,
        "energy": 89.253133,
        "activity_lines": [
          3233894321.374318,
          3710356472.056118,
          10599353353.026396,
          25539631975.9411
        ]
      },
      {
        "date": "2023-08-25",
        "close": 2142716131.439004,
        "volume": 654024,
        "typical_volume": 23400930.95,
        "trend": 53802886928.92453,
        "fair_value": 196860734840.72318,
        "relative_strength": -98.857904,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.467672,
        "energy": 90.326669,
        "activity_lines": [
          2830528009.630925,
          3193085318.689183,
          9153198651.525314,
          21615166798.95605
        ]
      },
      {
        "date": "2023-09-01",
        "close": 2008796373.224066,
        "volume": 3724831,
        "typical_volume": 22585767.8,
        "trend": 46173924702.61357,
        "fair_value": 194719504747.6737,
        "relative_strength": -98.931429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.218489,
        "energy": 88.184495,
        "activity_lines": [
          2489479025.376883,
          2923443972.785143,
          7791209201.954023,
          18273612569.556023
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1704311541.137194,
        "volume": 392125,
        "typical_volume": 22349286.05,
        "trend": 39597243063.738235,
        "fair_value": 192621513517.16788,
        "relative_strength": -99.048945,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.656521,
        "energy": 70.216963,
        "activity_lines": [
          2141393166.55482,
          2649087765.972048,
          6658495016.36041,
          15404605268.81561
        ]
      },
      {
        "date": "2023-09-15",
        "close": 2020970896.698152,
        "volume": 306782,
        "typical_volume": 22224866.1,
        "trend": 33772139398.837574,
        "fair_value": 190572045316.94778,
        "relative_strength": -98.822926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.2788,
        "energy": 68.439215,
        "activity_lines": [
          2004153821.605949,
          2463262480.312778,
          5690670837.482168,
          12980329645.135605
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1594862575.105168,
        "volume": 354667,
        "typical_volume": 21907162.6,
        "trend": 27182881477.213497,
        "fair_value": 188561649755.86435,
        "relative_strength": -98.998216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.848953,
        "energy": 90.844332,
        "activity_lines": [
          1822095997.574478,
          2239966224.949997,
          4782327901.863029,
          10904376301.669
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1558339004.682912,
        "volume": 229869,
        "typical_volume": 19701234.8,
        "trend": 18833593278.685833,
        "fair_value": 186593193853.22037,
        "relative_strength": -98.97732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.527629,
        "energy": 90.379693,
        "activity_lines": [
          1710098497.961876,
          2046287264.875081,
          4027441935.938668,
          9251180013.118639
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1728782333.320106,
        "volume": 989728,
        "typical_volume": 19597993.9,
        "trend": 15257529916.897858,
        "fair_value": 184667522899.88806,
        "relative_strength": -98.832348,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.326304,
        "energy": 88.547834,
        "activity_lines": [
          1693873916.345412,
          1923393197.82822,
          3403859944.899956,
          8147643823.095044
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2763616828.617352,
        "volume": 67477014,
        "typical_volume": 22809506.6,
        "trend": 13979562071.474148,
        "fair_value": 182792224899.15332,
        "relative_strength": -98.040089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.864509,
        "energy": 64.639064,
        "activity_lines": [
          2041261769.154961,
          2019503313.232094,
          3001970228.932206,
          7341584914.173721
        ]
      },
      {
        "date": "2023-10-20",
        "close": 2434904694.81705,
        "volume": 802943,
        "typical_volume": 22803717.1,
        "trend": 12989367495.58188,
        "fair_value": 180951844080.7417,
        "relative_strength": -98.129602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.393764,
        "energy": 63.843212,
        "activity_lines": [
          2208458558.199065,
          2065303870.541602,
          2692085126.075758,
          6596768309.228102
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2167065178.387175,
        "volume": 351560,
        "typical_volume": 22612046.55,
        "trend": 12222372516.71451,
        "fair_value": 179145937223.14215,
        "relative_strength": -98.199349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.871744,
        "energy": 62.61386,
        "activity_lines": [
          2258779921.891951,
          2081394163.474898,
          2475190192.992798,
          5898555256.505862
        ]
      },
      {
        "date": "2023-11-03",
        "close": 2179239701.86126,
        "volume": 182426,
        "typical_volume": 22471350.05,
        "trend": 11545153366.743431,
        "fair_value": 177376270247.92932,
        "relative_strength": -98.197373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.476739,
        "energy": 59.738947,
        "activity_lines": [
          2275012619.857397,
          2111722008.223706,
          2349396639.327206,
          5250611203.934685
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1436593769.94206,
        "volume": 252478,
        "typical_volume": 21748760.6,
        "trend": 9718163210.73237,
        "fair_value": 175634293253.0978,
        "relative_strength": -98.777591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.009147,
        "energy": 69.600223,
        "activity_lines": [
          2002303294.037888,
          2006359254.979527,
          2223933537.013053,
          4598446068.657177
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1436593769.94206,
        "volume": 167741,
        "typical_volume": 20794538.85,
        "trend": 8766115475.058905,
        "fair_value": 173926472669.9296,
        "relative_strength": -98.7264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.747423,
        "energy": 68.848756,
        "activity_lines": [
          1749073205.776915,
          1911400185.431385,
          2114459642.194865,
          4064151266.025545
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1241801394.356696,
        "volume": 252148,
        "typical_volume": 17982747.6,
        "trend": 8039702241.105151,
        "fair_value": 172249922463.37064,
        "relative_strength": -98.836026,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.804505,
        "energy": 69.744509,
        "activity_lines": [
          1519380529.56584,
          1785891916.162179,
          1995816591.983052,
          3578711647.915724
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1314848535.201207,
        "volume": 9843105,
        "typical_volume": 17282837.9,
        "trend": 6931820604.963393,
        "fair_value": 170606315983.2921,
        "relative_strength": -98.682695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.259514,
        "energy": 68.032899,
        "activity_lines": [
          1393577120.333625,
          1687831663.452728,
          1898317790.34966,
          3144850118.502567
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1266150441.304866,
        "volume": 510439,
        "typical_volume": 9082439.6,
        "trend": 6116582047.742715,
        "fair_value": 168993552501.93985,
        "relative_strength": -98.639859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.734158,
        "energy": 67.308707,
        "activity_lines": [
          1308355456.015028,
          1586008376.214924,
          1807010603.51166,
          2779323011.169759
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1180685286.516788,
        "volume": 409901,
        "typical_volume": 6371364.3,
        "trend": 5236355884.217367,
        "fair_value": 167410412245.19055,
        "relative_strength": -98.665272,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.773862,
        "energy": 65.320055,
        "activity_lines": [
          1255518024.137498,
          1473958489.258889,
          1719377803.805981,
          2460878058.832602
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1119934414.381102,
        "volume": 644528,
        "typical_volume": 5906695.15,
        "trend": 4318392756.096848,
        "fair_value": 165856295629.94934,
        "relative_strength": -98.622202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.742278,
        "energy": 62.793165,
        "activity_lines": [
          1199490867.109758,
          1360828390.038244,
          1636649597.84272,
          2195302480.133488
        ]
      },
      {
        "date": "2023-12-29",
        "close": 864512911.894794,
        "volume": 522401,
        "typical_volume": 5334575.3,
        "trend": 3436555497.298431,
        "fair_value": 164328593938.1155,
        "relative_strength": -98.822878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.664498,
        "energy": 61.887718,
        "activity_lines": [
          1079433832.957312,
          1231143152.442565,
          1539899239.533377,
          1972471522.443033
        ]
      },
      {
        "date": "2024-01-05",
        "close": 623335601.873165,
        "volume": 967519,
        "typical_volume": 4451811.45,
        "trend": 2755504537.80912,
        "fair_value": 162826710834.11328,
        "relative_strength": -99.015316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.142041,
        "energy": 63.99023,
        "activity_lines": [
          904136927.62845,
          1086160072.714267,
          1432630672.681638,
          1790973464.673661
        ]
      },
      {
        "date": "2024-01-12",
        "close": 396889465.255179,
        "volume": 5040414,
        "typical_volume": 4671130.95,
        "trend": 2198682415.849374,
        "fair_value": 161350076094.3964,
        "relative_strength": -99.310482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.396886,
        "energy": 94.072519,
        "activity_lines": [
          699458838.982129,
          928072778.628409,
          1314296043.731169,
          1638804750.315342
        ]
      },
      {
        "date": "2024-01-19",
        "close": 385932394.128503,
        "volume": 597182,
        "typical_volume": 4514748.5,
        "trend": 2051735917.517165,
        "fair_value": 159899948673.67325,
        "relative_strength": -99.24667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.665611,
        "energy": 93.518275,
        "activity_lines": [
          549079125.030228,
          800399657.730538,
          1203231344.512368,
          1521853136.01077
        ]
      },
      {
        "date": "2024-01-26",
        "close": 524721961.733074,
        "volume": 12707186,
        "typical_volume": 5130501.55,
        "trend": 1955662694.608667,
        "fair_value": 158476955578.03094,
        "relative_strength": -98.804224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.30822,
        "energy": 88.271902,
        "activity_lines": [
          497946126.43907,
          717063937.775563,
          1113112623.061123,
          1423336106.605345
        ]
      },
      {
        "date": "2024-02-02",
        "close": 357930990.138106,
        "volume": 10012764,
        "typical_volume": 5615800.65,
        "trend": 1826888701.648776,
        "fair_value": 157077672174.59824,
        "relative_strength": -99.062088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.119304,
        "energy": 89.800096,
        "activity_lines": [
          430896967.492791,
          619982074.043485,
          1012726140.407521,
          1320256641.800792
        ]
      },
      {
        "date": "2024-02-09",
        "close": 438282845.067069,
        "volume": 129853979,
        "typical_volume": 12090766.25,
        "trend": 1721863145.812334,
        "fair_value": 155703642443.63745,
        "relative_strength": -98.682521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.399453,
        "energy": 74.717588,
        "activity_lines": [
          424403888.306612,
          553580009.466102,
          927911453.016486,
          1230669167.182617
        ]
      },
      {
        "date": "2024-02-16",
        "close": 407846536.381856,
        "volume": 6494047,
        "typical_volume": 12403975.15,
        "trend": 1610555535.863264,
        "fair_value": 154353244218.35696,
        "relative_strength": -98.537532,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.800828,
        "energy": 65.205613,
        "activity_lines": [
          420102223.345768,
          497581628.584754,
          845705592.084184,
          1145893902.058071
        ]
      },
      {
        "date": "2024-02-23",
        "close": 406629084.034447,
        "volume": 2947613,
        "typical_volume": 12501869.4,
        "trend": 1509920924.826475,
        "fair_value": 153026118225.8197,
        "relative_strength": -98.194593,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.276873,
        "energy": 64.688844,
        "activity_lines": [
          414664269.527344,
          456967418.275206,
          768862318.87261,
          1068221227.746534
        ]
      },
      {
        "date": "2024-03-01",
        "close": 244707921.829114,
        "volume": 37770029,
        "typical_volume": 11016520.15,
        "trend": 1408620773.173103,
        "fair_value": 151720294206.12747,
        "relative_strength": -98.443937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.642454,
        "energy": 68.286025,
        "activity_lines": [
          353872815.646745,
          400986745.79164,
          682893950.447603,
          986594582.391866
        ]
      },
      {
        "date": "2024-03-08",
        "close": 216219536.899754,
        "volume": 15870482,
        "typical_volume": 11769897.1,
        "trend": 1299853580.455625,
        "fair_value": 150436361369.9476,
        "relative_strength": -98.240133,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.030931,
        "energy": 68.285989,
        "activity_lines": [
          302252836.116623,
          355739575.912771,
          606207206.823553,
          909665470.37423
        ]
      },
      {
        "date": "2024-03-15",
        "close": 194792375.585364,
        "volume": 20233935,
        "typical_volume": 12764015.85,
        "trend": 1212067149.858488,
        "fair_value": 149173827176.71762,
        "relative_strength": -98.231762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.374195,
        "energy": 67.541406,
        "activity_lines": [
          252937899.697595,
          318383710.794832,
          538044948.588215,
          838371199.092278
        ]
      },
      {
        "date": "2024-03-22",
        "close": 172878233.332011,
        "volume": 119401949,
        "typical_volume": 18724992.0,
        "trend": 1146405886.588255,
        "fair_value": 147932152602.18942,
        "relative_strength": -98.34682,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.386026,
        "energy": 67.009233,
        "activity_lines": [
          212550947.159563,
          284835151.199699,
          477187404.437328,
          771326752.864763
        ]
      },
      {
        "date": "2024-03-29",
        "close": 156686117.111477,
        "volume": 10290204,
        "typical_volume": 19226878.3,
        "trend": 1084668878.051169,
        "fair_value": 146710867755.20532,
        "relative_strength": -98.38974,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.091378,
        "energy": 66.371201,
        "activity_lines": [
          182431176.084676,
          252415501.963071,
          424341856.210815,
          707473864.511423
        ]
      },
      {
        "date": "2024-04-05",
        "close": 195035866.054846,
        "volume": 23394658,
        "typical_volume": 20388224.15,
        "trend": 1034359688.881757,
        "fair_value": 145509918313.49097,
        "relative_strength": -97.845749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.198455,
        "energy": 63.83976,
        "activity_lines": [
          181757519.11911,
          231136648.480092,
          381243463.37334,
          650078186.318112
        ]
      },
      {
        "date": "2024-04-12",
        "close": 172878233.332011,
        "volume": 6761123,
        "typical_volume": 20713672.9,
        "trend": 972756600.102886,
        "fair_value": 144328316361.61975,
        "relative_strength": -97.699141,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.700764,
        "energy": 63.759871,
        "activity_lines": [
          177009454.964217,
          211823427.150748,
          341947000.295059,
          594498737.572967
        ]
      },
      {
        "date": "2024-04-19",
        "close": 205627701.4773,
        "volume": 13681395,
        "typical_volume": 20905587.4,
        "trend": 926448770.981957,
        "fair_value": 143166036614.36053,
        "relative_strength": -96.762838,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.370505,
        "energy": 59.575344,
        "activity_lines": [
          186067300.428936,
          201829250.153385,
          310859644.473588,
          545006550.564864
        ]
      },
      {
        "date": "2024-04-26",
        "close": 186878935.327209,
        "volume": 10930025,
        "typical_volume": 21426566.7,
        "trend": 880733435.336767,
        "fair_value": 142022203352.92828,
        "relative_strength": -96.890705,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.522024,
        "energy": 60.05874,
        "activity_lines": [
          188153202.117496,
          192656300.103093,
          283268695.846033,
          497292367.619397
        ]
      },
      {
        "date": "2024-05-03",
        "close": 175313138.026828,
        "volume": 3160432,
        "typical_volume": 21564093.25,
        "trend": 828951128.826991,
        "fair_value": 140896434382.96875,
        "relative_strength": -96.611695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.856863,
        "energy": 58.547151,
        "activity_lines": [
          185450457.90625,
          185398070.562816,
          259715630.837382,
          451781380.696175
        ]
      },
      {
        "date": "2024-05-10",
        "close": 166669226.360227,
        "volume": 5839239,
        "typical_volume": 21823828.8,
        "trend": 742386208.751753,
        "fair_value": 139788325995.90884,
        "relative_strength": -96.359482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.578181,
        "energy": 76.397569,
        "activity_lines": [
          178624608.411779,
          180773965.192386,
          240126822.567579,
          409053516.0209
        ]
      },
      {
        "date": "2024-05-17",
        "close": 183470068.754465,
        "volume": 32481695,
        "typical_volume": 23421793.5,
        "trend": 667338387.883,
        "fair_value": 138697663058.97794,
        "relative_strength": -95.372975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.550567,
        "energy": 75.459058,
        "activity_lines": [
          179290149.028362,
          180623443.811252,
          226677452.563993,
          372994410.214623
        ]
      },
      {
        "date": "2024-05-24",
        "close": 241786036.195333,
        "volume": 65942318,
        "typical_volume": 26670533.45,
        "trend": 603162416.476606,
        "fair_value": 137624361686.7083,
        "relative_strength": -92.66183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.384538,
        "energy": 48.318796,
        "activity_lines": [
          198688223.097071,
          191671270.476553,
          222025045.379254,
          345539419.783161
        ]
      },
      {
        "date": "2024-05-31",
        "close": 208793077.580562,
        "volume": 27862151,
        "typical_volume": 27811620.3,
        "trend": 537480862.333916,
        "fair_value": 136567318851.25348,
        "relative_strength": -91.890594,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.97813,
        "energy": 45.204286,
        "activity_lines": [
          204678088.646321,
          195865947.200806,
          216047354.353478,
          320096236.628577
        ]
      },
      {
        "date": "2024-06-07",
        "close": 188705113.848321,
        "volume": 25898393,
        "typical_volume": 29076680.85,
        "trend": 495884573.797458,
        "fair_value": 135526260731.12062,
        "relative_strength": -91.082006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.385248,
        "energy": 38.976046,
        "activity_lines": [
          202511023.467934,
          195755269.714678,
          209052221.008796,
          297594575.435958
        ]
      },
      {
        "date": "2024-06-14",
        "close": 125641082.25256,
        "volume": 28578623,
        "typical_volume": 29870252.7,
        "trend": 452186150.874474,
        "fair_value": 134500498461.05345,
        "relative_strength": -92.867056,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.550276,
        "energy": 48.204705,
        "activity_lines": [
          178429816.036193,
          183596241.088651,
          196990166.942043,
          273707898.562094
        ]
      },
      {
        "date": "2024-06-21",
        "close": 162895124.083261,
        "volume": 222416679,
        "typical_volume": 40490448.45,
        "trend": 416222608.532027,
        "fair_value": 133490441293.1063,
        "relative_strength": -90.100149,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.844372,
        "energy": 47.406347,
        "activity_lines": [
          169501832.155198,
          179472397.95552,
          190376501.99955,
          255043961.349757
        ]
      },
      {
        "date": "2024-06-28",
        "close": 153398995.773474,
        "volume": 19160502,
        "typical_volume": 34955774.6,
        "trend": 377507623.884436,
        "fair_value": 132495388738.64859,
        "relative_strength": -90.178024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.596961,
        "energy": 47.67705,
        "activity_lines": [
          158780135.14902,
          173803497.116041,
          183787186.104004,
          238087599.236302
        ]
      },
      {
        "date": "2024-07-05",
        "close": 164356066.900151,
        "volume": 79501109,
        "typical_volume": 38606127.7,
        "trend": 340781144.737612,
        "fair_value": 131515158867.006,
        "relative_strength": -89.114068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.557929,
        "energy": 44.732705,
        "activity_lines": [
          157603264.546525,
          171076403.857846,
          179597990.550493,
          224335885.882478
        ]
      },
      {
        "date": "2024-07-12",
        "close": 110057692.205731,
        "volume": 34188313,
        "typical_volume": 40168162.7,
        "trend": 305093558.260576,
        "fair_value": 130548944887.77953,
        "relative_strength": -92.233729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.496908,
        "energy": 46.679238,
        "activity_lines": [
          141289403.091251,
          158886385.535703,
          171396999.642664,
          209450501.848163
        ]
      },
      {
        "date": "2024-07-19",
        "close": 101129708.324735,
        "volume": 619495,
        "typical_volume": 38310636.0,
        "trend": 271133401.392031,
        "fair_value": 129596771054.35284,
        "relative_strength": -92.044525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.051769,
        "energy": 47.654674,
        "activity_lines": [
          127242708.451817,
          146259560.068308,
          163757969.278686,
          196291543.787786
        ]
      },
      {
        "date": "2024-07-26",
        "close": 77754623.254491,
        "volume": 327605,
        "typical_volume": 37533492.15,
        "trend": 244908125.104021,
        "fair_value": 128658227457.02605,
        "relative_strength": -93.295794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.938067,
        "energy": 51.202403,
        "activity_lines": [
          107038410.384158,
          130574346.734241,
          154576446.115182,
          183815493.585364
        ]
      },
      {
        "date": "2024-08-02",
        "close": 65810604.091515,
        "volume": 245218,
        "typical_volume": 36534056.3,
        "trend": 226323958.511299,
        "fair_value": 127733102155.92581,
        "relative_strength": -93.724778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.716638,
        "energy": 64.758495,
        "activity_lines": [
          88528805.98409,
          114639592.56145,
          144916754.048753,
          172260814.810364
        ]
      },
      {
        "date": "2024-08-09",
        "close": 62171233.207662,
        "volume": 2850907,
        "typical_volume": 30706504.2,
        "trend": 215166684.109715,
        "fair_value": 126821166935.04924,
        "relative_strength": -93.596927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.289341,
        "energy": 64.99977,
        "activity_lines": [
          74645304.068203,
          101242687.902574,
          135524654.143357,
          161670316.403677
        ]
      },
      {
        "date": "2024-08-16",
        "close": 52756268.387703,
        "volume": 358616,
        "typical_volume": 30209924.8,
        "trend": 204060813.251689,
        "fair_value": 125922100192.7325,
        "relative_strength": -94.460723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.613075,
        "energy": 69.598472,
        "activity_lines": [
          64435802.791828,
          88799823.174122,
          125763067.112842,
          151192225.066773
        ]
      },
      {
        "date": "2024-08-23",
        "close": 58439335.945406,
        "volume": 765650,
        "typical_volume": 29078474.4,
        "trend": 188518059.058766,
        "fair_value": 125035736383.88188,
        "relative_strength": -93.569489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.1163,
        "energy": 74.442181,
        "activity_lines": [
          59940752.289223,
          79862040.646354,
          117037628.653174,
          141797291.047013
        ]
      },
      {
        "date": "2024-08-30",
        "close": 45613881.282906,
        "volume": 228411,
        "typical_volume": 28751838.8,
        "trend": 178107488.763593,
        "fair_value": 124161679583.16441,
        "relative_strength": -94.655884,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.652392,
        "energy": 74.358306,
        "activity_lines": [
          54016575.05774,
          69814207.203717,
          107741177.988075,
          132577666.674377
        ]
      },
      {
        "date": "2024-09-06",
        "close": 34414942.956544,
        "volume": 164851,
        "typical_volume": 28076011.6,
        "trend": 164645225.359909,
        "fair_value": 123299684689.82965,
        "relative_strength": -95.501473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.047613,
        "energy": 76.342809,
        "activity_lines": [
          46502134.515575,
          59862589.38902,
          97984182.492128,
          123307179.848116
        ]
      },
      {
        "date": "2024-09-13",
        "close": 96584552.89441,
        "volume": 79951891,
        "typical_volume": 31527104.9,
        "trend": 154269825.910327,
        "fair_value": 122450008137.16113,
        "relative_strength": -87.327502,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.490881,
        "energy": 47.037071,
        "activity_lines": [
          61803941.361697,
          63377883.432425,
          94963401.078457,
          118916168.721309
        ]
      },
      {
        "date": "2024-09-20",
        "close": 56814442.879065,
        "volume": 2833575,
        "typical_volume": 31510762.05,
        "trend": 142609337.871815,
        "fair_value": 121611698591.30988,
        "relative_strength": -92.249781,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.270566,
        "energy": 45.445309,
        "activity_lines": [
          61554823.556921,
          60894457.727689,
          88584963.389195,
          112628724.654776
        ]
      },
      {
        "date": "2024-09-27",
        "close": 45126900.343943,
        "volume": 550480,
        "typical_volume": 31246324.1,
        "trend": 135956637.155642,
        "fair_value": 120784715110.41895,
        "relative_strength": -93.558162,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.11449,
        "energy": 49.071244,
        "activity_lines": [
          57139313.274347,
          57254083.367962,
          81657705.911577,
          106339535.136849
        ]
      },
      {
        "date": "2024-10-04",
        "close": 46587843.160833,
        "volume": 225566,
        "typical_volume": 29633517.65,
        "trend": 130302247.364345,
        "fair_value": 119968916953.20775,
        "relative_strength": -92.914577,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.786303,
        "energy": 46.412747,
        "activity_lines": [
          54098279.6375,
          54897567.84732,
          75448358.826122,
          100573806.492023
        ]
      },
      {
        "date": "2024-10-11",
        "close": 39283129.076382,
        "volume": 248146,
        "typical_volume": 26348809.05,
        "trend": 125118605.814045,
        "fair_value": 119164020081.90483,
        "relative_strength": -93.388333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.741506,
        "energy": 71.299639,
        "activity_lines": [
          48557410.513974,
          51779591.222116,
          69195144.80688,
          94701605.312154
        ]
      },
      {
        "date": "2024-10-18",
        "close": 43503630.547398,
        "volume": 549293,
        "typical_volume": 24983166.15,
        "trend": 120806119.054558,
        "fair_value": 118369883305.56245,
        "relative_strength": -91.80074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.580567,
        "energy": 69.781917,
        "activity_lines": [
          44098829.472798,
          49911296.228282,
          64308182.866395,
          89436123.036887
        ]
      },
      {
        "date": "2024-10-25",
        "close": 22563450.171971,
        "volume": 862911,
        "typical_volume": 23731392.05,
        "trend": 116335363.489908,
        "fair_value": 117586126220.42741,
        "relative_strength": -95.216954,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.533825,
        "energy": 78.681737,
        "activity_lines": [
          36198916.462947,
          44575106.669103,
          58214010.637933,
          83097886.334784
        ]
      },
      {
        "date": "2024-11-01",
        "close": 5624629.845027,
        "volume": 28402293,
        "typical_volume": 23722575.55,
        "trend": 110021655.616247,
        "fair_value": 116812570288.91045,
        "relative_strength": -98.622759,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.182978,
        "energy": 85.807507,
        "activity_lines": [
          24936129.524587,
          36708091.927128,
          51297768.205364,
          75955258.357695
        ]
      },
      {
        "date": "2024-11-08",
        "close": 4795138.978993,
        "volume": 12895007,
        "typical_volume": 13246491.95,
        "trend": 104418885.80448,
        "fair_value": 116049120778.12656,
        "relative_strength": -98.780095,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.861577,
        "energy": 90.037766,
        "activity_lines": [
          16030330.330811,
          29650528.0477,
          44874033.558922,
          69166450.832711
        ]
      },
      {
        "date": "2024-11-15",
        "close": 4137714.711392,
        "volume": 7292253,
        "typical_volume": 12653079.5,
        "trend": 97702552.912283,
        "fair_value": 115295581927.06544,
        "relative_strength": -98.796971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.900524,
        "energy": 89.535866,
        "activity_lines": [
          9691569.99329,
          23215591.434234,
          39140544.149396,
          62696697.858963
        ]
      },
      {
        "date": "2024-11-22",
        "close": 3741636.881036,
        "volume": 27430636,
        "typical_volume": 10049555.85,
        "trend": 91597976.297411,
        "fair_value": 114551763602.61263,
        "relative_strength": -98.827724,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.65407,
        "energy": 88.169194,
        "activity_lines": [
          5563811.33665,
          17259135.728797,
          34080101.046798,
          56634703.276302
        ]
      },
      {
        "date": "2024-11-29",
        "close": 3441331.968675,
        "volume": 6593431,
        "typical_volume": 8669811.75,
        "trend": 85868916.095472,
        "fair_value": 113817479485.49312,
        "relative_strength": -98.806981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.701274,
        "energy": 85.559834,
        "activity_lines": [
          3986750.620314,
          12936132.148628,
          29755888.095495,
          50947177.835739
        ]
      },
      {
        "date": "2024-12-06",
        "close": 7954022.003069,
        "volume": 1310409277,
        "typical_volume": 74159300.85,
        "trend": 80578409.283567,
        "fair_value": 112116062775.49309,
        "relative_strength": -97.000405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.824817,
        "energy": 65.183602,
        "activity_lines": [
          5188727.795662,
          10404037.863992,
          26369152.100977,
          45920410.474938
        ]
      },
      {
        "date": "2024-12-13",
        "close": 4603593.143001,
        "volume": 92075766,
        "typical_volume": 78746708.9,
        "trend": 74616193.429852,
        "fair_value": 110424926108.24768,
        "relative_strength": -98.060637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.037789,
        "energy": 85.886699,
        "activity_lines": [
          5118602.540451,
          7938645.210996,
          23107021.387985,
          41018809.433612
        ]
      },
      {
        "date": "2024-12-20",
        "close": 3731897.262256,
        "volume": 36471863,
        "typical_volume": 80558041.15,
        "trend": 66681055.465416,
        "fair_value": 108730350013.25394,
        "relative_strength": -98.176462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.747831,
        "energy": 89.131118,
        "activity_lines": [
          4770681.714058,
          6078112.398189,
          20110210.25831,
          36445629.035702
        ]
      },
      {
        "date": "2024-12-27",
        "close": 5739882.000582,
        "volume": 202538823,
        "typical_volume": 90542436.95,
        "trend": 59912615.61275,
        "fair_value": 107039220629.91145,
        "relative_strength": -96.902213,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.704311,
        "energy": 87.015076,
        "activity_lines": [
          5119143.630383,
          5229053.752608,
          17600248.660043,
          32513940.425068
        ]
      },
      {
        "date": "2025-01-03",
        "close": 7661833.439691,
        "volume": 429637520,
        "typical_volume": 112006382.15,
        "trend": 53877839.599129,
        "fair_value": 105337802046.90782,
        "relative_strength": -95.446564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.763301,
        "energy": 81.701431,
        "activity_lines": [
          5975039.685108,
          5416054.43317,
          15542050.77601,
          29142922.220354
        ]
      },
      {
        "date": "2025-01-10",
        "close": 6512558.423737,
        "volume": 85494270,
        "typical_volume": 116242813.15,
        "trend": 49906888.804835,
        "fair_value": 103643243776.6651,
        "relative_strength": -95.803397,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.790635,
        "energy": 60.090624,
        "activity_lines": [
          6166477.303114,
          5665034.505963,
          13589133.533068,
          26087097.628393
        ]
      },
      {
        "date": "2025-01-17",
        "close": 3045254.138318,
        "volume": 28999243,
        "typical_volume": 117681354.75,
        "trend": 44578559.80667,
        "fair_value": 101945229440.15865,
        "relative_strength": -97.975884,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.340807,
        "energy": 62.433058,
        "activity_lines": [
          5298244.397935,
          5267451.461795,
          11553267.203523,
          23063766.359586
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2675960.259604,
        "volume": 4236253,
        "typical_volume": 117884924.85,
        "trend": 39554458.622874,
        "fair_value": 100255797336.26929,
        "relative_strength": -98.089829,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.868843,
        "energy": 68.237861,
        "activity_lines": [
          4410802.800164,
          4834540.164055,
          9684937.776693,
          20360372.84042
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2312347.825178,
        "volume": 1581971,
        "typical_volume": 113966428.85,
        "trend": 34153001.320375,
        "fair_value": 98557778301.64543,
        "relative_strength": -98.218029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.216327,
        "energy": 89.510814,
        "activity_lines": [
          3472552.857762,
          4362094.868269,
          7933116.607046,
          17957656.014763
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1914646.725024,
        "volume": 2071800,
        "typical_volume": 113928340.1,
        "trend": 30548233.137685,
        "fair_value": 96858039797.67844,
        "relative_strength": -98.401965,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.506497,
        "energy": 89.105349,
        "activity_lines": [
          2630238.160334,
          3843327.35529,
          6592334.404381,
          15877762.169901
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1778292.062115,
        "volume": 3588301,
        "typical_volume": 114080231.15,
        "trend": 27236519.262264,
        "fair_value": 95159158879.63165,
        "relative_strength": -98.432882,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.866559,
        "energy": 87.96828,
        "activity_lines": [
          2125617.689582,
          3327525.998939,
          5499993.644077,
          14021636.939219
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1681707.50922,
        "volume": 1043318,
        "typical_volume": 114121118.75,
        "trend": 24700755.404089,
        "fair_value": 93464569642.39589,
        "relative_strength": -98.342952,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.955376,
        "energy": 68.40327,
        "activity_lines": [
          1904420.125306,
          2906449.813715,
          4604876.299126,
          12372939.406765
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1312413.630506,
        "volume": 824974,
        "typical_volume": 114149960.15,
        "trend": 22550815.722055,
        "fair_value": 91754525758.09764,
        "relative_strength": -98.583623,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.351594,
        "energy": 67.643822,
        "activity_lines": [
          1651027.710065,
          2471354.480248,
          3888426.84978,
          10864014.13105
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1323776.519082,
        "volume": 331127,
        "typical_volume": 114139051.85,
        "trend": 20522567.165769,
        "fair_value": 90051349626.5469,
        "relative_strength": -98.442857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.749369,
        "energy": 67.961831,
        "activity_lines": [
          1492326.032957,
          2082315.738009,
          3353872.510994,
          9494527.730858
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1357865.18481,
        "volume": 270073,
        "typical_volume": 114109409.95,
        "trend": 18809287.059006,
        "fair_value": 88346456793.53612,
        "relative_strength": -98.276317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.392283,
        "energy": 67.0919,
        "activity_lines": [
          1410891.998163,
          1779767.76193,
          3023421.159554,
          8258095.34499
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1352183.740522,
        "volume": 189249,
        "typical_volume": 112698757.75,
        "trend": 16906381.98551,
        "fair_value": 86641563924.10582,
        "relative_strength": -98.20663,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.634175,
        "energy": 66.32622,
        "activity_lines": [
          1364682.917955,
          1590804.400614,
          2793407.694312,
          7131830.614765
        ]
      },
      {
        "date": "2025-03-28",
        "close": 982889.861808,
        "volume": 313511,
        "typical_volume": 112069682.95,
        "trend": 15418682.271473,
        "fair_value": 84936668687.40707,
        "relative_strength": -98.604988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.939925,
        "energy": 67.323444,
        "activity_lines": [
          1223783.099615,
          1428521.691954,
          2548568.364928,
          6104508.542268
        ]
      },
      {
        "date": "2025-04-04",
        "close": 886305.308913,
        "volume": 228849,
        "typical_volume": 111716512.75,
        "trend": 14301061.016552,
        "fair_value": 83228338991.62234,
        "relative_strength": -98.520396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.912447,
        "energy": 89.226175,
        "activity_lines": [
          1097276.273471,
          1286175.687795,
          2312684.073921,
          5166935.835006
        ]
      },
      {
        "date": "2025-04-11",
        "close": 744269.201716,
        "volume": 390251,
        "typical_volume": 110364493.5,
        "trend": 11106384.893462,
        "fair_value": 81521725305.32687,
        "relative_strength": -98.778781,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.724829,
        "energy": 91.417679,
        "activity_lines": [
          951831.299701,
          1150544.117795,
          2078755.436527,
          4292304.105017
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1306732.186218,
        "volume": 43091645,
        "typical_volume": 112189404.2,
        "trend": 9256127.870367,
        "fair_value": 79811681384.60912,
        "relative_strength": -97.638187,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.638446,
        "energy": 88.968187,
        "activity_lines": [
          1032507.808589,
          1145689.065403,
          1912667.881844,
          3660068.446485
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1187421.856172,
        "volume": 2633444,
        "typical_volume": 46800612.55,
        "trend": 7791478.587442,
        "fair_value": 78099919779.10445,
        "relative_strength": -97.838366,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.304632,
        "energy": 88.501672,
        "activity_lines": [
          1076823.074034,
          1130194.217345,
          1745382.199454,
          3139506.76815
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1011297.083247,
        "volume": 523603,
        "typical_volume": 42223004.4,
        "trend": 6272260.384855,
        "fair_value": 76389873964.57191,
        "relative_strength": -98.09315,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.463076,
        "energy": 81.835046,
        "activity_lines": [
          1073414.207461,
          1093419.777954,
          1593544.634627,
          2702075.703363
        ]
      },
      {
        "date": "2025-05-09",
        "close": 863579.531762,
        "volume": 319066,
        "typical_volume": 40415364.55,
        "trend": 4991608.733368,
        "fair_value": 74681544123.10913,
        "relative_strength": -98.251818,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.513536,
        "energy": 72.155383,
        "activity_lines": [
          1018872.342298,
          1041976.882402,
          1444744.903277,
          2353128.55155
        ]
      },
      {
        "date": "2025-05-16",
        "close": 778357.867443,
        "volume": 381613,
        "typical_volume": 30307504.05,
        "trend": 3567432.97737,
        "fair_value": 72973213735.35362,
        "relative_strength": -98.402099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.376208,
        "energy": 72.448232,
        "activity_lines": [
          937438.307504,
          983199.758769,
          1301487.478804,
          2081305.915039
        ]
      },
      {
        "date": "2025-05-23",
        "close": 766994.978867,
        "volume": 209660,
        "typical_volume": 8836111.05,
        "trend": 2840884.470933,
        "fair_value": 71264883274.75911,
        "relative_strength": -98.190112,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.258788,
        "energy": 70.62324,
        "activity_lines": [
          849944.065471,
          932273.358152,
          1180774.179863,
          1900632.495781
        ]
      },
      {
        "date": "2025-05-30",
        "close": 710180.535988,
        "volume": 180257,
        "typical_volume": 4570410.4,
        "trend": 2677069.493965,
        "fair_value": 69553118610.01518,
        "relative_strength": -98.158262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.039363,
        "energy": 70.83398,
        "activity_lines": [
          779494.156301,
          881760.153483,
          1087482.545698,
          1763167.725784
        ]
      },
      {
        "date": "2025-06-06",
        "close": 693136.203125,
        "volume": 373189,
        "typical_volume": 3139107.7,
        "trend": 2540336.068103,
        "fair_value": 67837919996.05851,
        "relative_strength": -98.030729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.856608,
        "energy": 70.099471,
        "activity_lines": [
          735178.890855,
          839820.76474,
          1020198.012632,
          1635172.029601
        ]
      },
      {
        "date": "2025-06-13",
        "close": 524397.875918,
        "volume": 429623,
        "typical_volume": 2948776.2,
        "trend": 2419892.173587,
        "fair_value": 66126154140.4001,
        "relative_strength": -98.378379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.169208,
        "energy": 72.565023,
        "activity_lines": [
          655828.241682,
          772469.92848,
          948043.724284,
          1505111.501073
        ]
      },
      {
        "date": "2025-06-20",
        "close": 626098.001249,
        "volume": 372582,
        "typical_volume": 2888306.75,
        "trend": 2316040.877594,
        "fair_value": 64414388936.66559,
        "relative_strength": -97.832381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.473624,
        "energy": 67.145756,
        "activity_lines": [
          632989.744676,
          730190.159244,
          895820.697319,
          1389382.844793
        ]
      },
      {
        "date": "2025-06-27",
        "close": 567422.885366,
        "volume": 88871,
        "typical_volume": 2789160.3,
        "trend": 2220243.90815,
        "fair_value": 62702623356.80853,
        "relative_strength": -97.874863,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.661674,
        "energy": 68.419188,
        "activity_lines": [
          600743.533455,
          679390.754402,
          846039.325146,
          1276568.780779
        ]
      },
      {
        "date": "2025-07-04",
        "close": 627478.592211,
        "volume": 83586,
        "typical_volume": 2613924.55,
        "trend": 1976025.794455,
        "fair_value": 60987424321.96973,
        "relative_strength": -97.335048,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.164754,
        "energy": 65.972664,
        "activity_lines": [
          601820.697415,
          652952.556274,
          808392.895718,
          1173809.728137
        ]
      },
      {
        "date": "2025-07-11",
        "close": 317535.921251,
        "volume": 1025102,
        "typical_volume": 2613013.75,
        "trend": 1833157.220397,
        "fair_value": 59270506380.34182,
        "relative_strength": -98.49384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.556302,
        "energy": 72.170276,
        "activity_lines": [
          505097.100641,
          580341.931862,
          746708.180818,
          1066810.381479
        ]
      },
      {
        "date": "2025-07-18",
        "close": 209849.826218,
        "volume": 34542121,
        "typical_volume": 4298871.1,
        "trend": 1715755.639195,
        "fair_value": 57551870828.44132,
        "relative_strength": -98.898163,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.680719,
        "energy": 74.888117,
        "activity_lines": [
          397518.157647,
          500765.856753,
          681263.702523,
          962080.872177
        ]
      },
      {
        "date": "2025-07-25",
        "close": 292685.283936,
        "volume": 95001125,
        "typical_volume": 9032371.0,
        "trend": 1534182.415307,
        "fair_value": 55831518887.56022,
        "relative_strength": -98.316453,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.797063,
        "energy": 71.867975,
        "activity_lines": [
          338520.903873,
          448136.768603,
          628958.61927,
          870269.881515
        ]
      },
      {
        "date": "2025-08-01",
        "close": 172573.870245,
        "volume": 90744830,
        "typical_volume": 13556108.85,
        "trend": 1284540.429659,
        "fair_value": 54111166176.73415,
        "relative_strength": -98.881871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.844139,
        "energy": 87.307713,
        "activity_lines": [
          261714.026689,
          382499.652208,
          570124.312023,
          782424.168931
        ]
      },
      {
        "date": "2025-08-08",
        "close": 128394.959462,
        "volume": 16372523,
        "typical_volume": 14365272.55,
        "trend": 1071734.98085,
        "fair_value": 52390813182.70995,
        "relative_strength": -99.113232,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.301792,
        "energy": 88.373739,
        "activity_lines": [
          196504.113586,
          319637.663101,
          512726.733819,
          707834.138595
        ]
      },
      {
        "date": "2025-08-15",
        "close": 96838.594618,
        "volume": 1670352,
        "typical_volume": 14433114.6,
        "trend": 973454.462726,
        "fair_value": 50665309226.47002,
        "relative_strength": -99.272504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.465299,
        "energy": 76.030709,
        "activity_lines": [
          154047.654384,
          261616.072687,
          458151.353158,
          644937.597548
        ]
      },
      {
        "date": "2025-08-22",
        "close": 84413.27596,
        "volume": 438706,
        "typical_volume": 14443607.45,
        "trend": 887069.563272,
        "fair_value": 48943239030.53483,
        "relative_strength": -99.287194,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.630759,
        "energy": 70.537739,
        "activity_lines": [
          122162.577406,
          212177.108125,
          406611.900564,
          587580.101628
        ]
      },
      {
        "date": "2025-08-29",
        "close": 39445.456056,
        "volume": 63652061,
        "typical_volume": 17606697.95,
        "trend": 811306.150968,
        "fair_value": 47221168546.34439,
        "relative_strength": -99.63321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.663438,
        "energy": 70.57954,
        "activity_lines": [
          83650.66381,
          162561.896308,
          354608.331946,
          532894.675356
        ]
      },
      {
        "date": "2025-09-05",
        "close": 27809.04652,
        "volume": 52058668,
        "typical_volume": 18055049.1,
        "trend": 748411.561684,
        "fair_value": 45495664147.607346,
        "relative_strength": -99.722105,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.539545,
        "energy": 69.539868,
        "activity_lines": [
          58142.602227,
          121497.383579,
          304852.837399,
          482346.475069
        ]
      },
      {
        "date": "2025-09-12",
        "close": 26625.682838,
        "volume": 57215756,
        "typical_volume": 20784164.7,
        "trend": 690022.682375,
        "fair_value": 43766725901.33041,
        "relative_strength": -99.66239,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.168222,
        "energy": 68.660127,
        "activity_lines": [
          41891.074332,
          90028.874522,
          261074.751737,
          435779.644176
        ]
      },
      {
        "date": "2025-09-19",
        "close": 28795.182921,
        "volume": 10572727,
        "typical_volume": 21286620.9,
        "trend": 634925.604832,
        "fair_value": 42036070748.98341,
        "relative_strength": -99.569755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.232897,
        "energy": 77.027621,
        "activity_lines": [
          33147.331573,
          69879.418379,
          223030.885957,
          393119.805501
        ]
      },
      {
        "date": "2025-09-26",
        "close": 28992.410201,
        "volume": 7513902,
        "typical_volume": 21646362.7,
        "trend": 592144.897488,
        "fair_value": 40303698677.92358,
        "relative_strength": -99.481816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.916294,
        "energy": 73.494625,
        "activity_lines": [
          29005.558687,
          55015.653347,
          189684.384205,
          354027.341331
        ]
      },
      {
        "date": "2025-10-03",
        "close": 27414.591959,
        "volume": 34356641,
        "typical_volume": 23345114.1,
        "trend": 548932.833251,
        "fair_value": 38571772995.94357,
        "relative_strength": -99.397268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.603043,
        "energy": 65.963043,
        "activity_lines": [
          28032.570771,
          43153.328925,
          160161.838437,
          317593.128071
        ]
      },
      {
        "date": "2025-10-10",
        "close": 25639.546436,
        "volume": 14335242,
        "typical_volume": 24051393.2,
        "trend": 504525.311972,
        "fair_value": 36837683983.4139,
        "relative_strength": -99.275362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.510296,
        "energy": 83.845054,
        "activity_lines": [
          27269.95862,
          35791.372445,
          134046.161075,
          283832.270858
        ]
      },
      {
        "date": "2025-10-17",
        "close": 22878.364513,
        "volume": 7709023,
        "typical_volume": 24427831.5,
        "trend": 460215.132771,
        "fair_value": 35101878033.207245,
        "relative_strength": -99.119403,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.179178,
        "energy": 83.916724,
        "activity_lines": [
          25731.585834,
          30598.916048,
          111197.777969,
          252758.274247
        ]
      },
      {
        "date": "2025-10-24",
        "close": 12276.214834,
        "volume": 15263447,
        "typical_volume": 25172344.4,
        "trend": 427861.344539,
        "fair_value": 33359204335.129627,
        "relative_strength": -99.418594,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.032867,
        "energy": 89.447823,
        "activity_lines": [
          20908.984377,
          25397.279617,
          90612.533805,
          223858.989219
        ]
      },
      {
        "date": "2025-10-31",
        "close": 3625.431866,
        "volume": 5006889,
        "typical_volume": 25401207.7,
        "trend": 398438.681971,
        "fair_value": 31618247501.575382,
        "relative_strength": -99.819823,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.571115,
        "energy": 93.11491,
        "activity_lines": [
          14304.053136,
          20160.27137,
          72445.59597,
          196488.930337
        ]
      },
      {
        "date": "2025-11-07",
        "close": 3051.106026,
        "volume": 96124048,
        "typical_volume": 30188781.0,
        "trend": 373731.412114,
        "fair_value": 29877290664.33956,
        "relative_strength": -99.834219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.50112,
        "energy": 92.8199,
        "activity_lines": [
          9198.811837,
          16287.710136,
          56703.829217,
          170980.05447
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2494.727868,
        "volume": 2904218,
        "typical_volume": 30329548.35,
        "trend": 330256.830169,
        "fair_value": 28136333823.537216,
        "relative_strength": -99.856604,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.806172,
        "energy": 91.530315,
        "activity_lines": [
          5532.343548,
          12975.704692,
          43875.964045,
          147029.300647
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1047.695966,
        "volume": 8216652,
        "typical_volume": 30736201.65,
        "trend": 290711.024829,
        "fair_value": 26392801593.49335,
        "relative_strength": -99.934588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.133039,
        "energy": 90.945102,
        "activity_lines": [
          2926.519196,
          9860.862877,
          33600.420395,
          125790.001666
        ]
      },
      {
        "date": "2025-11-28",
        "close": 13694.081752,
        "volume": 42982949,
        "typical_volume": 32834094.0,
        "trend": 257457.591446,
        "fair_value": 24650127904.504623,
        "relative_strength": -99.144296,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.666471,
        "energy": 89.032857,
        "activity_lines": [
          5991.534676,
          9510.41824,
          27512.298706,
          107917.940823
        ]
      },
      {
        "date": "2025-12-05",
        "close": 74478.395477,
        "volume": 22058276,
        "typical_volume": 32209901.75,
        "trend": 231154.220236,
        "fair_value": 22907454605.158928,
        "relative_strength": -94.810474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.54164,
        "energy": 63.546231,
        "activity_lines": [
          29223.463604,
          20486.232482,
          28660.025179,
          96112.831405
        ]
      },
      {
        "date": "2025-12-12",
        "close": 40765.917351,
        "volume": 3739444,
        "typical_volume": 27646817.7,
        "trend": 206567.8219,
        "fair_value": 21164781089.707607,
        "relative_strength": -96.878081,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.36154,
        "energy": 52.505935,
        "activity_lines": [
          36494.368915,
          24505.487334,
          27241.66531,
          83829.71509
        ]
      },
      {
        "date": "2025-12-19",
        "close": 39491.631893,
        "volume": 1503483,
        "typical_volume": 23184750.35,
        "trend": 182317.710334,
        "fair_value": 19422107566.087788,
        "relative_strength": -96.784118,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.632177,
        "energy": 32.829994,
        "activity_lines": [
          40826.191651,
          28050.302549,
          26901.560953,
          73050.606058
        ]
      },
      {
        "date": "2025-12-26",
        "close": 26116.121506,
        "volume": 653274,
        "typical_volume": 22398787.9,
        "trend": 159515.563185,
        "fair_value": 17672566276.819057,
        "relative_strength": -97.649903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.215079,
        "energy": 28.925397,
        "activity_lines": [
          38233.050657,
          28911.350685,
          25921.323408,
          62973.084198
        ]
      },
      {
        "date": "2026-01-02",
        "close": 4632.745547,
        "volume": 12785145,
        "typical_volume": 22954527.55,
        "trend": 136565.447932,
        "fair_value": 15909289490.019466,
        "relative_strength": -99.494852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.144441,
        "energy": 47.68797,
        "activity_lines": [
          26807.555974,
          25807.462157,
          23382.092143,
          52980.64435
        ]
      },
      {
        "date": "2026-01-09",
        "close": 5184.636784,
        "volume": 27786690,
        "typical_volume": 24321926.75,
        "trend": 119258.339961,
        "fair_value": 14139145026.849178,
        "relative_strength": -99.336942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.477096,
        "energy": 53.537967,
        "activity_lines": [
          16170.114118,
          22942.889659,
          21334.49742,
          44504.462986
        ]
      },
      {
        "date": "2026-01-16",
        "close": 5422.443577,
        "volume": 6084062,
        "typical_volume": 21443526.8,
        "trend": 98569.154705,
        "fair_value": 12368142105.214735,
        "relative_strength": -99.231103,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.033439,
        "energy": 53.480773,
        "activity_lines": [
          10231.525104,
          20093.205579,
          19686.830198,
          37160.211606
        ]
      },
      {
        "date": "2026-01-23",
        "close": 4040.472024,
        "volume": 2491334,
        "typical_volume": 18965160.1,
        "trend": 79789.740927,
        "fair_value": 10591129954.8016,
        "relative_strength": -99.374685,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.644055,
        "energy": 56.25488,
        "activity_lines": [
          6188.510492,
          16949.138715,
          18069.560982,
          31061.586917
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3080.27101,
        "volume": 4183462,
        "typical_volume": 16313545.4,
        "trend": 58976.463554,
        "fair_value": 9111144954.274153,
        "relative_strength": -99.479785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.849001,
        "energy": 53.39467,
        "activity_lines": [
          4188.839533,
          13602.38541,
          16474.027738,
          26112.588858
        ]
      },
      {
        "date": "2026-02-06",
        "close": 3551.397676,
        "volume": 42048854,
        "typical_volume": 17887351.75,
        "trend": 48510.312768,
        "fair_value": 7835473434.043386,
        "relative_strength": -99.339159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.462618,
        "energy": 48.594844,
        "activity_lines": [
          3881.934162,
          10304.335589,
          15035.48471,
          22536.778156
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2467.806345,
        "volume": 18143272,
        "typical_volume": 18418820.25,
        "trend": 41597.578772,
        "fair_value": 6702306264.96703,
        "relative_strength": -99.498614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.875735,
        "energy": 44.972981,
        "activity_lines": [
          3285.921539,
          6993.6816,
          13613.951008,
          19566.293871
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1688.329519,
        "volume": 743154,
        "typical_volume": 16738145.9,
        "trend": 31897.680292,
        "fair_value": 5424917812.816402,
        "relative_strength": -99.633171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.641824,
        "energy": 41.408431,
        "activity_lines": [
          2611.205336,
          4850.587991,
          12244.489055,
          16991.503596
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1560.640732,
        "volume": 1076910,
        "typical_volume": 16075229.3,
        "trend": 26197.239308,
        "fair_value": 3809296124.355683,
        "relative_strength": -99.636059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.409349,
        "energy": 38.987085,
        "activity_lines": [
          2142.867142,
          3394.779835,
          10985.372278,
          15034.275238
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1473.684211,
        "volume": 322584,
        "typical_volume": 15705907.35,
        "trend": 21966.530133,
        "fair_value": 3110509703.11674,
        "relative_strength": -99.624367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.380446,
        "energy": 56.25274,
        "activity_lines": [
          1810.865527,
          2612.815788,
          9832.635382,
          13439.207167
        ]
      },
      {
        "date": "2026-03-13",
        "close": 664.073227,
        "volume": 1185413,
        "typical_volume": 15002005.65,
        "trend": 18760.712753,
        "fair_value": 2847031167.685616,
        "relative_strength": -99.813412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.287959,
        "energy": 79.005221,
        "activity_lines": [
          1316.099371,
          2131.694057,
          8704.719728,
          12064.855108
        ]
      },
      {
        "date": "2026-03-20",
        "close": 352.402746,
        "volume": 4701741,
        "typical_volume": 14986748.25,
        "trend": 15958.683646,
        "fair_value": 2641000772.690857,
        "relative_strength": -99.888932,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.361031,
        "energy": 84.42507,
        "activity_lines": [
          909.93135,
          1666.062646,
          7602.417083,
          10877.222205
        ]
      },
      {
        "date": "2026-03-27",
        "close": 371.624714,
        "volume": 2215554,
        "typical_volume": 10291323.55,
        "trend": 14656.222601,
        "fair_value": 2479610297.224296,
        "relative_strength": -99.869271,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.475924,
        "energy": 86.21475,
        "activity_lines": [
          651.197559,
          1291.784938,
          6517.530955,
          9871.605499
        ]
      },
      {
        "date": "2026-04-03",
        "close": 387.185355,
        "volume": 827427,
        "typical_volume": 10187484.0,
        "trend": 13742.160562,
        "fair_value": 2335406362.520396,
        "relative_strength": -99.857597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.579934,
        "energy": 89.767851,
        "activity_lines": [
          485.430969,
          1012.169508,
          5446.886227,
          8951.022451
        ]
      },
      {
        "date": "2026-04-10",
        "close": 291.533181,
        "volume": 32099552,
        "typical_volume": 11381629.0,
        "trend": 12864.355574,
        "fair_value": 1974853169.195136,
        "relative_strength": -99.889857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.738986,
        "energy": 90.021425,
        "activity_lines": [
          366.010679,
          781.586167,
          4377.167685,
          8083.240039
        ]
      },
      {
        "date": "2026-04-17",
        "close": 227.002288,
        "volume": 6011338,
        "typical_volume": 9533048.45,
        "trend": 11912.082886,
        "fair_value": 1782558133.213445,
        "relative_strength": -99.907029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.071286,
        "energy": 90.155181,
        "activity_lines": [
          303.89016,
          589.974261,
          3304.904119,
          7267.926924
        ]
      },
      {
        "date": "2026-04-24",
        "close": 95.194508,
        "volume": 12840822,
        "typical_volume": 9072175.75,
        "trend": 10948.842363,
        "fair_value": 1634903015.791812,
        "relative_strength": -99.956202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.97744,
        "energy": 90.835761,
        "activity_lines": [
          226.971777,
          434.840857,
          2284.216381,
          6505.547029
        ]
      },
      {
        "date": "2026-05-01",
        "close": 72.768879,
        "volume": 26014776,
        "typical_volume": 10185942.35,
        "trend": 10037.44826,
        "fair_value": 1413420339.210497,
        "relative_strength": -99.96245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.051212,
        "energy": 90.522248,
        "activity_lines": [
          159.725401,
          318.768463,
          1615.598587,
          5803.864869
        ]
      },
      {
        "date": "2026-05-08",
        "close": 50.800915,
        "volume": 64822007,
        "typical_volume": 13351868.55,
        "trend": 9184.490076,
        "fair_value": 1248527344.934059,
        "relative_strength": -99.971802,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.714187,
        "energy": 90.441917,
        "activity_lines": [
          105.080091,
          228.075723,
          1138.665504,
          5159.56504
        ]
      },
      {
        "date": "2026-05-15",
        "close": 18.741419,
        "volume": 2388585,
        "typical_volume": 13438634.1,
        "trend": 8422.50264,
        "fair_value": 1071684587.411394,
        "relative_strength": -99.988224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.975688,
        "energy": 90.539274,
        "activity_lines": [
          62.173913,
          159.005617,
          846.492617,
          4568.226417
        ]
      },
      {
        "date": "2026-05-22",
        "close": 17.757437,
        "volume": 1512218,
        "typical_volume": 12874987.75,
        "trend": 8013.887393,
        "fair_value": 887974149.973963,
        "relative_strength": -99.987336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.84008,
        "energy": 90.14313,
        "activity_lines": [
          37.125858,
          116.21011,
          678.499255,
          4025.984791
        ]
      },
      {
        "date": "2026-05-29",
        "close": 16.018307,
        "volume": 1190334,
        "typical_volume": 11545169.95,
        "trend": 7893.573608,
        "fair_value": 712848312.410957,
        "relative_strength": -99.987164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.117901,
        "energy": 89.890517,
        "activity_lines": [
          25.44775,
          84.849594,
          532.316396,
          3509.993237
        ]
      },
      {
        "date": "2026-06-05",
        "close": 13.05,
        "volume": 542537,
        "typical_volume": 11268093.7,
        "trend": 7792.305074,
        "fair_value": 577881233.093633,
        "relative_strength": -99.987126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.637791,
        "energy": 89.721005,
        "activity_lines": [
          18.058619,
          59.065467,
          410.46331,
          3001.572359
        ]
      },
      {
        "date": "2026-06-12",
        "close": 13.13,
        "volume": 327314,
        "typical_volume": 11159892.7,
        "trend": 7709.585145,
        "fair_value": 468255892.639033,
        "relative_strength": -99.985387,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.295163,
        "energy": 89.603214,
        "activity_lines": [
          14.677414,
          39.815425,
          314.37686,
          2499.690096
        ]
      },
      {
        "date": "2026-06-19",
        "close": 13.9,
        "volume": 268449,
        "typical_volume": 10964142.05,
        "trend": 7675.125279,
        "fair_value": 437523025.137785,
        "relative_strength": -99.981532,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.042737,
        "energy": 89.514955,
        "activity_lines": [
          14.06427,
          27.50639,
          237.541563,
          2003.19428
        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.5,
        "volume": 275226,
        "typical_volume": 8875460.65,
        "trend": 7219.139221,
        "fair_value": 415683803.121836,
        "relative_strength": -99.974897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.666666,
        "energy": 88.543974,
        "activity_lines": [
          13.973887,
          20.354322,
          175.365175,
          1508.960391
        ]
      },
      {
        "date": "2026-07-03",
        "close": 15.05,
        "volume": 167704,
        "typical_volume": 7976682.25,
        "trend": 4737.027705,
        "fair_value": 388625144.378984,
        "relative_strength": -99.96479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.333333,
        "energy": 68.566666,
        "activity_lines": [
          14.284,
          17.165932,
          130.083538,
          1044.180442
        ]
      },
      {
        "date": "2026-07-10",
        "close": 15.65,
        "volume": 244456,
        "typical_volume": 7951747.35,
        "trend": 3378.68546,
        "fair_value": 365618416.785969,
        "relative_strength": -99.955909,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.0,
        "energy": 88.1,
        "activity_lines": [
          14.858667,
          15.543805,
          96.538836,
          739.575428
        ]
      },
      {
        "date": "2026-07-17",
        "close": 16.52,
        "volume": 357695,
        "typical_volume": 7915786.6,
        "trend": 2062.848397,
        "fair_value": 341598706.412034,
        "relative_strength": -99.943035,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.666667,
        "energy": 64.483333,
        "activity_lines": [
          15.55,
          15.118386,
          71.042131,
          522.661528
        ]
      },
      {
        "date": "2026-07-24",
        "close": 17.325,
        "volume": 228878,
        "typical_volume": 7911101.3,
        "trend": 1192.888513,
        "fair_value": 319639300.015796,
        "relative_strength": -99.920208,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.333333,
        "energy": 84.016667,
        "activity_lines": [
          16.283667,
          15.462619,
          52.97505,
          390.692276
        ]
      },
      {
        "date": "2026-07-31",
        "close": 15.93,
        "volume": 171606,
        "typical_volume": 7860410.95,
        "trend": 1038.994662,
        "fair_value": 298589861.198486,
        "relative_strength": -99.909974,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.0,
        "energy": 83.55,
        "activity_lines": [
          16.324,
          15.578969,
          41.710154,
          314.759469
        ]
      },
      {
        "date": "2026-08-07",
        "close": 15.99,
        "volume": 109370,
        "typical_volume": 7630792.4,
        "trend": 866.706436,
        "fair_value": 276287070.798268,
        "relative_strength": -99.896691,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.0,
        "energy": 83.55,
        "activity_lines": [
          16.289,
          15.739455,
          33.53737,
          248.759168
        ]
      }
    ],
    "method": {
      "price_basis": "completed market observations",
      "trend": "Trend provides the primary directional reference.",
      "fair_value": "Fair Value provides long-term price context and is not a forecast or target.",
      "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.",
      "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read."
    }
  }
}