{
  "ticker": {
    "uuid": "091683c3-299b-4d48-b42a-7dcbf711e668",
    "symbol": "239660",
    "name": "Hanwha Plus Credit Bond50 ETF",
    "exchange": "KSC",
    "country": "KR",
    "assetType": "etf"
  },
  "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": "^KS11",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 93.632,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 90.183,
    "architecture_energy": 94.696,
    "architecture_maturity": 34.519,
    "architecture_confidence": 61.713,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 10.73,
        "rotation_up": 86.46,
        "upward_expansion": 99.97,
        "deceleration": 39.0,
        "rotation_down": 9.74,
        "downward_expansion": 21.97
      },
      "activity_lines": [
        121365.666667,
        121232.363636,
        121056.142857,
        120933.537634
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 121555.0,
    "trend_reference": 120772.166667,
    "distance_from_trend": 0.006482,
    "trend_direction": "Improving",
    "fair_value": 117213.301232,
    "distance_from_fair_value": 0.037041,
    "fair_value_direction": "Weakening",
    "relative_strength": -20.806366,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.010096,
    "excess_performance": -0.219732,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.006482,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.002973,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.037041,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.001587,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.208064,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.265467,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.010096,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.178613,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 6996,
      "relative_activity": 1.534345,
      "balance": 2.178613,
      "dry_up": 1.021636,
      "accumulation_observations": 5,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.001459,
      "annualized_volatility": 0.006503,
      "from_high_reference": -0.000534,
      "from_low_reference": 0.026257
    },
    "levels": {
      "trend_reference": 120772.166667,
      "fair_value_reference": 117213.301232,
      "structural_low": 118445.0,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 51,
        "median_return": 0.002047,
        "positive_rate": 0.882353,
        "directional_follow_through": 0.882353,
        "median_excess_return": -0.003796,
        "regime_survival": 0.941176,
        "best_return": 0.009546,
        "worst_return": -0.002858,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 17,
        "median_return": 0.007209,
        "positive_rate": 0.882353,
        "directional_follow_through": 0.882353,
        "median_excess_return": -0.001467,
        "regime_survival": 0.764706,
        "best_return": 0.013138,
        "worst_return": -0.002209,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.017194,
        "positive_rate": 0.875,
        "directional_follow_through": 0.875,
        "median_excess_return": -0.007269,
        "regime_survival": 0.875,
        "best_return": 0.021162,
        "worst_return": -0.003264,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.030824,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.005228,
        "regime_survival": 0.75,
        "best_return": 0.045677,
        "worst_return": 0.006528,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2022-02-04",
        "end": "2022-02-18",
        "tenure": "New",
        "return": 0.00023,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2022-02-25",
        "end": "2022-04-01",
        "tenure": "Developing",
        "return": -0.001379,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2022-04-08",
        "end": "2022-05-13",
        "tenure": "Developing",
        "return": 0.002258,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2022-05-20",
        "end": "2022-06-10",
        "tenure": "New",
        "return": -0.000552,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2022-06-17",
        "end": "2022-07-29",
        "tenure": "Developing",
        "return": 0.00619,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2022-08-05",
        "end": "2022-08-19",
        "tenure": "New",
        "return": 0.000642,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2022-08-26",
        "end": "2022-09-02",
        "tenure": "New",
        "return": -0.001288,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2022-09-09",
        "end": "2022-10-07",
        "tenure": "Developing",
        "return": -0.002483,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2022-10-14",
        "end": "2022-11-25",
        "tenure": "Developing",
        "return": 0.004702,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2022-12-02",
        "end": "2025-11-14",
        "tenure": "Extended",
        "return": 0.110994,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-21",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": 0.001864,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": 0.000707,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.001451,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.006375,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 111115.867188,
        "volume": 3957,
        "typical_volume": 5505.55,
        "trend": 110255.341667,
        "fair_value": 107916.606571,
        "relative_strength": -0.756421,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.803595,
        "energy": 89.964037,
        "activity_lines": [
          111038.777605,
          110922.510938,
          110753.542857,
          110566.396993
        ]
      },
      {
        "date": "2023-08-25",
        "close": 111155.40625,
        "volume": 3297,
        "typical_volume": 4947.9,
        "trend": 110319.749479,
        "fair_value": 107943.754708,
        "relative_strength": -1.333039,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.44191,
        "energy": 89.828912,
        "activity_lines": [
          111090.172917,
          110983.430114,
          110804.443415,
          110624.465676
        ]
      },
      {
        "date": "2023-09-01",
        "close": 111293.773438,
        "volume": 2215,
        "typical_volume": 4830.2,
        "trend": 110377.897657,
        "fair_value": 107972.07492,
        "relative_strength": -2.880954,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.725737,
        "energy": 91.651978,
        "activity_lines": [
          111169.9,
          111058.724858,
          110864.027121,
          110687.305931
        ]
      },
      {
        "date": "2023-09-08",
        "close": 111303.65625,
        "volume": 2716,
        "typical_volume": 4703.6,
        "trend": 110441.317188,
        "fair_value": 108000.363432,
        "relative_strength": -2.202725,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.645069,
        "energy": 88.299818,
        "activity_lines": [
          111231.177604,
          111123.057671,
          110920.033854,
          110747.032292
        ]
      },
      {
        "date": "2023-09-15",
        "close": 111343.1875,
        "volume": 3029,
        "typical_volume": 4700.1,
        "trend": 110510.996094,
        "fair_value": 108028.651943,
        "relative_strength": -4.088836,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.430043,
        "energy": 81.669368,
        "activity_lines": [
          111282.570833,
          111181.909091,
          110975.287277,
          110805.217473
        ]
      },
      {
        "date": "2023-09-22",
        "close": 111387.664063,
        "volume": 2712,
        "typical_volume": 4617.4,
        "trend": 110579.521875,
        "fair_value": 108056.877054,
        "relative_strength": -0.384088,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.926195,
        "energy": 75.482659,
        "activity_lines": [
          111330.999479,
          111235.728978,
          111030.187798,
          110861.776697
        ]
      },
      {
        "date": "2023-09-29",
        "close": 111491.445313,
        "volume": 1114,
        "typical_volume": 4331.0,
        "trend": 110659.908073,
        "fair_value": 108085.704077,
        "relative_strength": 1.646192,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.174339,
        "energy": 75.574519,
        "activity_lines": [
          111395.902084,
          111297.995597,
          111090.618787,
          110920.610467
        ]
      },
      {
        "date": "2023-10-06",
        "close": 111476.617188,
        "volume": 3662,
        "typical_volume": 4227.3,
        "trend": 110732.058073,
        "fair_value": 108114.5311,
        "relative_strength": 4.087937,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.732016,
        "energy": 72.104766,
        "activity_lines": [
          111433.459375,
          111346.604404,
          111145.213505,
          110973.301378
        ]
      },
      {
        "date": "2023-10-13",
        "close": 111600.164063,
        "volume": 2174,
        "typical_volume": 4265.15,
        "trend": 110790.535677,
        "fair_value": 108143.896685,
        "relative_strength": 2.324709,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.424071,
        "energy": 83.520721,
        "activity_lines": [
          111500.009375,
          111408.421733,
          111206.750484,
          111029.308216
        ]
      },
      {
        "date": "2023-10-20",
        "close": 111634.757813,
        "volume": 1806,
        "typical_volume": 4066.45,
        "trend": 110840.447656,
        "fair_value": 108173.515675,
        "relative_strength": 5.914798,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.105023,
        "energy": 85.954617,
        "activity_lines": [
          111558.323438,
          111464.848296,
          111265.722582,
          111083.77416
        ]
      },
      {
        "date": "2023-10-27",
        "close": 111659.460938,
        "volume": 2237,
        "typical_volume": 4117.3,
        "trend": 110892.171354,
        "fair_value": 108203.229668,
        "relative_strength": 9.198705,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.25428,
        "energy": 86.030757,
        "activity_lines": [
          111605.433855,
          111515.613211,
          111321.705506,
          111136.613727
        ]
      },
      {
        "date": "2023-11-03",
        "close": 111832.429688,
        "volume": 4414,
        "typical_volume": 4062.0,
        "trend": 110946.201563,
        "fair_value": 108234.115786,
        "relative_strength": 6.267582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.12386,
        "energy": 92.096926,
        "activity_lines": [
          111692.08073,
          111587.943466,
          111388.843378,
          111197.275555
        ]
      },
      {
        "date": "2023-11-10",
        "close": 111921.375,
        "volume": 2709,
        "typical_volume": 3909.6,
        "trend": 110998.748959,
        "fair_value": 108265.572066,
        "relative_strength": 4.384319,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.871591,
        "energy": 88.838715,
        "activity_lines": [
          111785.64375,
          111664.13608,
          111458.404427,
          111260.18997
        ]
      },
      {
        "date": "2023-11-17",
        "close": 112178.351563,
        "volume": 2226,
        "typical_volume": 3388.25,
        "trend": 111059.532813,
        "fair_value": 108298.422226,
        "relative_strength": 2.010416,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 97.451914,
        "energy": 85.037854,
        "activity_lines": [
          111935.215105,
          111775.640767,
          111546.109264,
          111336.293364
        ]
      },
      {
        "date": "2023-11-24",
        "close": 112272.242188,
        "volume": 3152,
        "typical_volume": 3493.1,
        "trend": 111122.622657,
        "fair_value": 108332.032652,
        "relative_strength": 0.966096,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.436869,
        "energy": 95.120255,
        "activity_lines": [
          112077.5375,
          111888.312927,
          111635.272805,
          111414.532678
        ]
      },
      {
        "date": "2023-12-01",
        "close": 112474.859375,
        "volume": 3126,
        "typical_volume": 3504.4,
        "trend": 111189.336719,
        "fair_value": 108366.720152,
        "relative_strength": 0.783713,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.649482,
        "energy": 98.531616,
        "activity_lines": [
          112244.9,
          112020.932671,
          111735.873438,
          111501.773757
        ]
      },
      {
        "date": "2023-12-08",
        "close": 112632.992188,
        "volume": 9970,
        "typical_volume": 3739.9,
        "trend": 111258.356771,
        "fair_value": 108402.294622,
        "relative_strength": 0.429739,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.735448,
        "energy": 97.974892,
        "activity_lines": [
          112410.613542,
          112162.536648,
          111843.627493,
          111594.91282
        ]
      },
      {
        "date": "2023-12-15",
        "close": 112914.679688,
        "volume": 6028,
        "typical_volume": 3801.7,
        "trend": 111340.060938,
        "fair_value": 108439.643079,
        "relative_strength": -1.038957,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 97.241215,
        "energy": 98.436518,
        "activity_lines": [
          112616.852084,
          112334.601137,
          111969.902047,
          111701.772363
        ]
      },
      {
        "date": "2023-12-22",
        "close": 113003.625,
        "volume": 4532,
        "typical_volume": 3751.25,
        "trend": 111427.859636,
        "fair_value": 108477.371645,
        "relative_strength": -2.192088,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.533494,
        "energy": 95.110564,
        "activity_lines": [
          112786.51875,
          112496.690909,
          112095.375856,
          111809.099076
        ]
      },
      {
        "date": "2023-12-29",
        "close": 113132.117188,
        "volume": 5527,
        "typical_volume": 3530.15,
        "trend": 111515.164584,
        "fair_value": 108516.082232,
        "relative_strength": -3.897563,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.66069,
        "energy": 92.727281,
        "activity_lines": [
          112943.997917,
          112656.625426,
          112223.34468,
          111919.051176
        ]
      },
      {
        "date": "2024-01-05",
        "close": 113092.578125,
        "volume": 15709,
        "typical_volume": 4117.75,
        "trend": 111600.163021,
        "fair_value": 108554.032552,
        "relative_strength": -0.90389,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.623589,
        "energy": 79.547974,
        "activity_lines": [
          113030.972396,
          112782.146307,
          112337.758445,
          112020.819792
        ]
      },
      {
        "date": "2024-01-12",
        "close": 113250.71875,
        "volume": 2547,
        "typical_volume": 4080.25,
        "trend": 111689.773959,
        "fair_value": 108592.806491,
        "relative_strength": 1.352886,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.311821,
        "energy": 74.81303,
        "activity_lines": [
          113129.479167,
          112910.363352,
          112457.820313,
          112127.307258
        ]
      },
      {
        "date": "2024-01-19",
        "close": 113245.773438,
        "volume": 1669,
        "typical_volume": 4052.95,
        "trend": 111778.231771,
        "fair_value": 108631.517078,
        "relative_strength": 3.482439,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.37672,
        "energy": 72.351811,
        "activity_lines": [
          113185.155729,
          113011.894176,
          112567.43352,
          112227.694322
        ]
      },
      {
        "date": "2024-01-26",
        "close": 113364.375,
        "volume": 3020,
        "typical_volume": 4068.15,
        "trend": 111870.148698,
        "fair_value": 108670.797877,
        "relative_strength": 3.268246,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.68672,
        "energy": 74.128942,
        "activity_lines": [
          113258.293229,
          113110.908949,
          112679.046875,
          112330.026143
        ]
      },
      {
        "date": "2024-02-02",
        "close": 113448.390625,
        "volume": 2066,
        "typical_volume": 4020.0,
        "trend": 111964.372136,
        "fair_value": 108710.332132,
        "relative_strength": -2.025441,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.700927,
        "energy": 74.476629,
        "activity_lines": [
          113335.385938,
          113203.635227,
          112788.848773,
          112431.848203
        ]
      },
      {
        "date": "2024-02-09",
        "close": 113458.273438,
        "volume": 1648,
        "typical_volume": 3966.8,
        "trend": 112052.500521,
        "fair_value": 108749.739634,
        "relative_strength": -2.161864,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.712594,
        "energy": 72.287123,
        "activity_lines": [
          113394.688021,
          113276.773864,
          112889.567113,
          112528.228932
        ]
      },
      {
        "date": "2024-02-16",
        "close": 113408.851563,
        "volume": 3794,
        "typical_volume": 4100.8,
        "trend": 112136.510677,
        "fair_value": 108788.766977,
        "relative_strength": -3.180679,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.523159,
        "energy": 68.689048,
        "activity_lines": [
          113413.136459,
          113323.046449,
          112975.718564,
          112615.735451
        ]
      },
      {
        "date": "2024-02-23",
        "close": 113507.6875,
        "volume": 2319,
        "typical_volume": 4033.65,
        "trend": 112221.179688,
        "fair_value": 108828.142779,
        "relative_strength": -3.676963,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.366849,
        "energy": 71.232662,
        "activity_lines": [
          113453.988021,
          113373.182671,
          113062.152456,
          112704.198471
        ]
      },
      {
        "date": "2024-03-01",
        "close": 113552.164063,
        "volume": 2378,
        "typical_volume": 4043.85,
        "trend": 112307.660677,
        "fair_value": 108868.120493,
        "relative_strength": -2.635579,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.906656,
        "energy": 71.698751,
        "activity_lines": [
          113492.204167,
          113420.62358,
          113143.150447,
          112790.068431
        ]
      },
      {
        "date": "2024-03-08",
        "close": 113739.953125,
        "volume": 6423,
        "typical_volume": 4274.7,
        "trend": 112396.447917,
        "fair_value": 108909.998899,
        "relative_strength": -3.721979,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.428957,
        "energy": 75.747253,
        "activity_lines": [
          113580.497396,
          113492.234517,
          113232.737872,
          112882.474395
        ]
      },
      {
        "date": "2024-03-15",
        "close": 113779.484375,
        "volume": 2328,
        "typical_volume": 4279.25,
        "trend": 112485.235157,
        "fair_value": 108951.972306,
        "relative_strength": -3.065823,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.470269,
        "energy": 88.494616,
        "activity_lines": [
          113662.530208,
          113559.981392,
          113316.065439,
          112971.702554
        ]
      },
      {
        "date": "2024-03-22",
        "close": 113893.148438,
        "volume": 3324,
        "typical_volume": 4224.75,
        "trend": 112576.493229,
        "fair_value": 108994.357572,
        "relative_strength": -5.682105,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.053959,
        "energy": 94.576302,
        "activity_lines": [
          113761.036979,
          113635.905256,
          113400.122805,
          113062.535669
        ]
      },
      {
        "date": "2024-03-29",
        "close": 113927.742188,
        "volume": 3766,
        "typical_volume": 4277.6,
        "trend": 112664.292188,
        "fair_value": 109036.901242,
        "relative_strength": -5.464029,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.726816,
        "energy": 93.865881,
        "activity_lines": [
          113838.788542,
          113706.438353,
          113477.661868,
          113149.713021
        ]
      },
      {
        "date": "2024-04-05",
        "close": 113987.039063,
        "volume": 14602,
        "typical_volume": 4896.4,
        "trend": 112753.738282,
        "fair_value": 109079.571565,
        "relative_strength": -4.190233,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.658035,
        "energy": 71.52057,
        "activity_lines": [
          113908.302084,
          113775.353267,
          113551.294122,
          113235.051529
        ]
      },
      {
        "date": "2024-04-12",
        "close": 113942.5625,
        "volume": 6084,
        "typical_volume": 5043.0,
        "trend": 112840.384115,
        "fair_value": 109121.830078,
        "relative_strength": -3.05289,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.400465,
        "energy": 68.433599,
        "activity_lines": [
          113933.998438,
          113824.86037,
          113612.077716,
          113311.749866
        ]
      },
      {
        "date": "2024-04-19",
        "close": 113996.921875,
        "volume": 4490,
        "typical_volume": 5111.2,
        "trend": 112927.359375,
        "fair_value": 109164.151943,
        "relative_strength": 0.332969,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.954401,
        "energy": 68.615304,
        "activity_lines": [
          113964.307292,
          113875.266051,
          113670.084487,
          113386.365205
        ]
      },
      {
        "date": "2024-04-26",
        "close": 113991.984375,
        "volume": 7462,
        "typical_volume": 4985.8,
        "trend": 113010.710677,
        "fair_value": 109206.442158,
        "relative_strength": -2.054329,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.143161,
        "energy": 66.759734,
        "activity_lines": [
          113978.474479,
          113914.980398,
          113720.373103,
          113455.050689
        ]
      },
      {
        "date": "2024-05-03",
        "close": 114125.414063,
        "volume": 11492,
        "typical_volume": 5259.0,
        "trend": 113099.003907,
        "fair_value": 109249.397636,
        "relative_strength": -2.617768,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.445631,
        "energy": 69.406163,
        "activity_lines": [
          114030.529167,
          113968.352273,
          113776.897917,
          113526.967037
        ]
      },
      {
        "date": "2024-05-10",
        "close": 114229.1875,
        "volume": 4971,
        "typical_volume": 5280.95,
        "trend": 113186.638021,
        "fair_value": 109292.764874,
        "relative_strength": -4.234518,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.793627,
        "energy": 71.08956,
        "activity_lines": [
          114103.996875,
          114029.360654,
          113837.540514,
          113599.882107
        ]
      },
      {
        "date": "2024-05-17",
        "close": 114328.023438,
        "volume": 2154,
        "typical_volume": 5112.3,
        "trend": 113276.413542,
        "fair_value": 109336.543971,
        "relative_strength": -3.979637,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.000968,
        "energy": 72.160258,
        "activity_lines": [
          114194.266667,
          114096.029688,
          113901.760045,
          113673.519876
        ]
      },
      {
        "date": "2024-05-24",
        "close": 114392.265625,
        "volume": 2680,
        "typical_volume": 4460.85,
        "trend": 113367.507032,
        "fair_value": 109381.019932,
        "relative_strength": -2.577871,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.716553,
        "energy": 78.908842,
        "activity_lines": [
          114280.253125,
          114163.686932,
          113966.403088,
          113745.510333
        ]
      },
      {
        "date": "2024-05-31",
        "close": 114456.507813,
        "volume": 3716,
        "typical_volume": 4519.3,
        "trend": 113454.976302,
        "fair_value": 109426.414564,
        "relative_strength": -0.675263,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.004591,
        "energy": 84.061914,
        "activity_lines": [
          114361.297396,
          114231.883097,
          114030.975447,
          113815.768448
        ]
      },
      {
        "date": "2024-06-07",
        "close": 114664.0625,
        "volume": 2961,
        "typical_volume": 4583.9,
        "trend": 113546.399219,
        "fair_value": 109473.583183,
        "relative_strength": -3.654704,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.189702,
        "energy": 91.263536,
        "activity_lines": [
          114480.558334,
          114327.57358,
          114109.573066,
          113893.774009
        ]
      },
      {
        "date": "2024-06-14",
        "close": 114787.609375,
        "volume": 3631,
        "typical_volume": 4614.45,
        "trend": 113633.374479,
        "fair_value": 109521.797176,
        "relative_strength": -4.780262,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.567005,
        "energy": 90.970242,
        "activity_lines": [
          114605.091667,
          114432.339489,
          114193.183296,
          113973.852084
        ]
      },
      {
        "date": "2024-06-21",
        "close": 114955.632813,
        "volume": 3333,
        "typical_volume": 4677.8,
        "trend": 113722.820834,
        "fair_value": 109571.341697,
        "relative_strength": -5.45339,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.422307,
        "energy": 93.520293,
        "activity_lines": [
          114748.404688,
          114553.09929,
          114286.018453,
          114059.159073
        ]
      },
      {
        "date": "2024-06-28",
        "close": 114990.226563,
        "volume": 3538,
        "typical_volume": 4772.3,
        "trend": 113806.666406,
        "fair_value": 109621.361378,
        "relative_strength": -5.798943,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.200496,
        "energy": 92.192102,
        "activity_lines": [
          114861.408334,
          114661.729404,
          114374.970908,
          114140.927184
        ]
      },
      {
        "date": "2024-07-05",
        "close": 115168.125,
        "volume": 11109,
        "typical_volume": 5138.05,
        "trend": 113891.170834,
        "fair_value": 109671.539413,
        "relative_strength": -7.632055,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.016503,
        "energy": 97.887246,
        "activity_lines": [
          114993.847396,
          114784.644603,
          114473.571057,
          114228.763223
        ]
      },
      {
        "date": "2024-07-12",
        "close": 115247.195313,
        "volume": 3382,
        "typical_volume": 5191.2,
        "trend": 113968.921354,
        "fair_value": 109722.636118,
        "relative_strength": -7.324833,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.59048,
        "energy": 97.041342,
        "activity_lines": [
          115105.202084,
          114900.551847,
          114571.324219,
          114316.248673
        ]
      },
      {
        "date": "2024-07-19",
        "close": 115370.742188,
        "volume": 8921,
        "typical_volume": 5518.35,
        "trend": 114047.825261,
        "fair_value": 109774.366386,
        "relative_strength": -5.132018,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.016639,
        "energy": 97.183618,
        "activity_lines": [
          115218.863542,
          115018.526137,
          114672.56038,
          114406.688727
        ]
      },
      {
        "date": "2024-07-26",
        "close": 115514.054688,
        "volume": 2257,
        "typical_volume": 5310.05,
        "trend": 114127.223177,
        "fair_value": 109826.920323,
        "relative_strength": -2.79306,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.950003,
        "energy": 97.505434,
        "activity_lines": [
          115341.420313,
          115141.801705,
          114778.785454,
          114501.284174
        ]
      },
      {
        "date": "2024-08-02",
        "close": 115696.898438,
        "volume": 6943,
        "typical_volume": 5540.8,
        "trend": 114214.033854,
        "fair_value": 109880.677985,
        "relative_strength": -0.638881,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.88728,
        "energy": 87.677307,
        "activity_lines": [
          115487.696875,
          115276.757387,
          114893.976116,
          114602.553545
        ]
      },
      {
        "date": "2024-08-09",
        "close": 115775.96875,
        "volume": 2807,
        "typical_volume": 5514.95,
        "trend": 114298.208854,
        "fair_value": 109934.879157,
        "relative_strength": 2.715584,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.159393,
        "energy": 76.875955,
        "activity_lines": [
          115613.21875,
          115402.368892,
          115007.566741,
          114703.323539
        ]
      },
      {
        "date": "2024-08-16",
        "close": 115825.382813,
        "volume": 1905,
        "typical_volume": 5421.9,
        "trend": 114384.195834,
        "fair_value": 109989.080329,
        "relative_strength": -1.323594,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.047275,
        "energy": 75.086303,
        "activity_lines": [
          115714.689063,
          115512.974574,
          115116.897657,
          114801.850891
        ]
      },
      {
        "date": "2024-08-23",
        "close": 115884.6875,
        "volume": 1305,
        "typical_volume": 4757.05,
        "trend": 114468.20625,
        "fair_value": 110043.946765,
        "relative_strength": -1.382405,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.93681,
        "energy": 73.983441,
        "activity_lines": [
          115797.381771,
          115613.248012,
          115222.840253,
          114898.656805
        ]
      },
      {
        "date": "2024-08-30",
        "close": 115929.164063,
        "volume": 1092,
        "typical_volume": 4507.45,
        "trend": 114550.898698,
        "fair_value": 110098.686499,
        "relative_strength": -0.331777,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.44013,
        "energy": 73.075749,
        "activity_lines": [
          115860.636979,
          115701.661222,
          115323.982292,
          114992.912147
        ]
      },
      {
        "date": "2024-09-06",
        "close": 116047.765625,
        "volume": 2614,
        "typical_volume": 4413.65,
        "trend": 114637.215104,
        "fair_value": 110154.629958,
        "relative_strength": 4.780035,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.292845,
        "energy": 75.102761,
        "activity_lines": [
          115935.752084,
          115793.937784,
          115426.95971,
          115089.484207
        ]
      },
      {
        "date": "2024-09-13",
        "close": 116210.84375,
        "volume": 727,
        "typical_volume": 4076.9,
        "trend": 114730.614844,
        "fair_value": 110211.58714,
        "relative_strength": 3.552851,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.918042,
        "energy": 77.078736,
        "activity_lines": [
          116041.835417,
          115896.636932,
          115535.702456,
          115191.008636
        ]
      },
      {
        "date": "2024-09-20",
        "close": 116270.140625,
        "volume": 549,
        "typical_volume": 3529.75,
        "trend": 114822.696615,
        "fair_value": 110268.829377,
        "relative_strength": 2.868974,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.386848,
        "energy": 86.53253,
        "activity_lines": [
          116138.692708,
          115991.158807,
          115639.526526,
          115290.33288
        ]
      },
      {
        "date": "2024-09-27",
        "close": 116378.859375,
        "volume": 740,
        "typical_volume": 3318.2,
        "trend": 114916.919792,
        "fair_value": 110326.76853,
        "relative_strength": 0.831393,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.421255,
        "energy": 85.726065,
        "activity_lines": [
          116242.139063,
          116086.848722,
          115743.491778,
          115390.730477
        ]
      },
      {
        "date": "2024-10-04",
        "close": 116443.101563,
        "volume": 886,
        "typical_volume": 3254.8,
        "trend": 115007.02474,
        "fair_value": 110385.341246,
        "relative_strength": 4.075022,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.086488,
        "energy": 91.291097,
        "activity_lines": [
          116334.054688,
          116175.889631,
          115843.338802,
          115489.193817
        ]
      },
      {
        "date": "2024-10-11",
        "close": 116373.921875,
        "volume": 1420,
        "typical_volume": 3191.8,
        "trend": 115093.50599,
        "fair_value": 110443.470503,
        "relative_strength": 2.952161,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.845711,
        "energy": 69.689093,
        "activity_lines": [
          116368.647917,
          116235.460654,
          115926.525484,
          115577.380729
        ]
      },
      {
        "date": "2024-10-18",
        "close": 116487.578125,
        "volume": 835,
        "typical_volume": 3047.75,
        "trend": 115179.986979,
        "fair_value": 110502.455028,
        "relative_strength": 3.27103,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.099571,
        "energy": 73.229936,
        "activity_lines": [
          116419.382813,
          116303.386932,
          116011.100112,
          115667.320867
        ]
      },
      {
        "date": "2024-10-25",
        "close": 116606.1875,
        "volume": 1424,
        "typical_volume": 2970.9,
        "trend": 115269.26849,
        "fair_value": 110563.340295,
        "relative_strength": 3.952338,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.314288,
        "energy": 75.350618,
        "activity_lines": [
          116491.205208,
          116379.940199,
          116097.299107,
          115759.333804
        ]
      },
      {
        "date": "2024-11-01",
        "close": 116571.59375,
        "volume": 1440,
        "typical_volume": 2861.35,
        "trend": 115355.420313,
        "fair_value": 110623.908754,
        "relative_strength": 5.657745,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.549299,
        "energy": 71.881455,
        "activity_lines": [
          116529.093229,
          116436.007244,
          116170.955246,
          115843.354788
        ]
      },
      {
        "date": "2024-11-08",
        "close": 116685.25,
        "volume": 1240,
        "typical_volume": 2756.7,
        "trend": 115446.843229,
        "fair_value": 110684.572216,
        "relative_strength": 5.026144,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.928904,
        "energy": 74.883802,
        "activity_lines": [
          116592.017708,
          116500.249858,
          116246.940625,
          115929.150252
        ]
      },
      {
        "date": "2024-11-15",
        "close": 116680.3125,
        "volume": 1709,
        "typical_volume": 2665.25,
        "trend": 115536.289584,
        "fair_value": 110744.982272,
        "relative_strength": 11.150782,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.352458,
        "energy": 72.234464,
        "activity_lines": [
          116637.153125,
          116549.847727,
          116314.219494,
          116008.728915
        ]
      },
      {
        "date": "2024-11-22",
        "close": 116887.867188,
        "volume": 1896,
        "typical_volume": 2204.6,
        "trend": 115632.819011,
        "fair_value": 110806.564453,
        "relative_strength": 7.508242,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.491161,
        "energy": 77.111502,
        "activity_lines": [
          116731.047396,
          116625.68196,
          116393.217448,
          116095.92747
        ]
      },
      {
        "date": "2024-11-29",
        "close": 117223.90625,
        "volume": 3038,
        "typical_volume": 2187.4,
        "trend": 115736.102084,
        "fair_value": 110870.142328,
        "relative_strength": 9.669983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 97.94004,
        "energy": 79.089467,
        "activity_lines": [
          116910.26875,
          116750.304688,
          116496.029874,
          116198.57826
        ]
      },
      {
        "date": "2024-12-06",
        "close": 117263.4375,
        "volume": 6709,
        "typical_volume": 2076.8,
        "trend": 115837.24375,
        "fair_value": 110933.62515,
        "relative_strength": 10.786507,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.224767,
        "energy": 78.7728,
        "activity_lines": [
          117061.485938,
          116864.773722,
          116593.194271,
          116297.116028
        ]
      },
      {
        "date": "2024-12-13",
        "close": 117347.453125,
        "volume": 1996,
        "typical_volume": 2063.75,
        "trend": 115937.891406,
        "fair_value": 110997.234726,
        "relative_strength": 7.77668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.137103,
        "energy": 92.175272,
        "activity_lines": [
          117194.585417,
          116978.435085,
          116689.347322,
          116394.548891
        ]
      },
      {
        "date": "2024-12-20",
        "close": 117263.4375,
        "volume": 2355,
        "typical_volume": 1834.35,
        "trend": 116033.597136,
        "fair_value": 111060.147336,
        "relative_strength": 11.484631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.290652,
        "energy": 83.622896,
        "activity_lines": [
          117255.532813,
          117060.378125,
          116768.768415,
          116480.067994
        ]
      },
      {
        "date": "2024-12-27",
        "close": 117298.03125,
        "volume": 1495,
        "typical_volume": 1768.75,
        "trend": 116128.314584,
        "fair_value": 111123.028296,
        "relative_strength": 11.187182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.442663,
        "energy": 81.054236,
        "activity_lines": [
          117289.136458,
          117132.437926,
          116844.024442,
          116561.644389
        ]
      },
      {
        "date": "2025-01-03",
        "close": 117550.0625,
        "volume": 3385,
        "typical_volume": 1842.75,
        "trend": 116224.514584,
        "fair_value": 111187.936649,
        "relative_strength": 9.525834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.046633,
        "energy": 76.63151,
        "activity_lines": [
          117379.40625,
          117235.58608,
          116936.035528,
          116653.370061
        ]
      },
      {
        "date": "2025-01-10",
        "close": 117658.78125,
        "volume": 3604,
        "typical_volume": 1957.7,
        "trend": 116320.220313,
        "fair_value": 111253.795323,
        "relative_strength": 6.319421,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.264401,
        "energy": 76.658656,
        "activity_lines": [
          117484.171875,
          117341.339915,
          117030.188021,
          116745.903394
        ]
      },
      {
        "date": "2025-01-17",
        "close": 117708.203125,
        "volume": 1956,
        "typical_volume": 2000.9,
        "trend": 116411.972656,
        "fair_value": 111319.8124,
        "relative_strength": 5.997371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.981036,
        "energy": 75.193122,
        "activity_lines": [
          117579.055208,
          117436.3125,
          117120.599293,
          116835.450672
        ]
      },
      {
        "date": "2025-01-24",
        "close": 117802.09375,
        "volume": 2623,
        "typical_volume": 2001.35,
        "trend": 116505.701563,
        "fair_value": 111386.558093,
        "relative_strength": 5.495603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.13637,
        "energy": 74.982126,
        "activity_lines": [
          117681.185417,
          117529.75696,
          117211.480915,
          116925.135904
        ]
      },
      {
        "date": "2025-01-31",
        "close": 117831.742188,
        "volume": 1546,
        "typical_volume": 2042.3,
        "trend": 116594.488802,
        "fair_value": 111453.240385,
        "relative_strength": 6.177554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.610374,
        "energy": 73.501914,
        "activity_lines": [
          117757.288021,
          117608.196023,
          117296.832255,
          117010.686912
        ]
      },
      {
        "date": "2025-02-07",
        "close": 117816.921875,
        "volume": 4205,
        "typical_volume": 2225.1,
        "trend": 116680.146354,
        "fair_value": 111520.144481,
        "relative_strength": 5.814906,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.561779,
        "energy": 70.449908,
        "activity_lines": [
          117792.869792,
          117666.779119,
          117373.053572,
          117089.553562
        ]
      },
      {
        "date": "2025-02-14",
        "close": 117886.101563,
        "volume": 1320,
        "typical_volume": 2254.1,
        "trend": 116763.991667,
        "fair_value": 111587.016827,
        "relative_strength": 2.931972,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.476927,
        "energy": 71.596999,
        "activity_lines": [
          117833.720834,
          117727.158239,
          117448.497805,
          117167.357124
        ]
      },
      {
        "date": "2025-02-21",
        "close": 117945.40625,
        "volume": 1938,
        "typical_volume": 2306.7,
        "trend": 116845.036719,
        "fair_value": 111653.825872,
        "relative_strength": 0.436884,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.933569,
        "energy": 72.352535,
        "activity_lines": [
          117879.185417,
          117786.998864,
          117522.412761,
          117243.577419
        ]
      },
      {
        "date": "2025-02-28",
        "close": 118068.953125,
        "volume": 12184,
        "typical_volume": 2844.9,
        "trend": 116924.105208,
        "fair_value": 111721.078426,
        "relative_strength": 5.210507,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.19375,
        "energy": 76.689737,
        "activity_lines": [
          117950.01875,
          117858.430682,
          117600.940253,
          117322.539768
        ]
      },
      {
        "date": "2025-03-07",
        "close": 118103.539063,
        "volume": 5572,
        "typical_volume": 3081.75,
        "trend": 117001.690886,
        "fair_value": 111788.36263,
        "relative_strength": 3.817095,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.85165,
        "energy": 68.785675,
        "activity_lines": [
          118014.590104,
          117921.505114,
          117674.690067,
          117398.632275
        ]
      },
      {
        "date": "2025-03-14",
        "close": 118143.078125,
        "volume": 8700,
        "typical_volume": 3445.55,
        "trend": 117078.947396,
        "fair_value": 111855.456781,
        "relative_strength": 3.583998,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.984542,
        "energy": 68.186746,
        "activity_lines": [
          118074.221354,
          117977.122869,
          117744.510454,
          117472.270161
        ]
      },
      {
        "date": "2025-03-21",
        "close": 118187.554688,
        "volume": 2422,
        "typical_volume": 3494.65,
        "trend": 117155.709636,
        "fair_value": 111923.628005,
        "relative_strength": 0.470767,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.217107,
        "energy": 67.918772,
        "activity_lines": [
          118126.934375,
          118030.045171,
          117811.248177,
          117543.793213
        ]
      },
      {
        "date": "2025-03-28",
        "close": 118197.4375,
        "volume": 3582,
        "typical_volume": 3611.75,
        "trend": 117231.31875,
        "fair_value": 111993.002955,
        "relative_strength": 3.612227,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.314527,
        "energy": 66.274441,
        "activity_lines": [
          118162.844792,
          118075.150284,
          117871.232069,
          117611.001462
        ]
      },
      {
        "date": "2025-04-04",
        "close": 118538.421875,
        "volume": 4523,
        "typical_volume": 3752.45,
        "trend": 117314.340625,
        "fair_value": 112065.38732,
        "relative_strength": 7.530195,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.451055,
        "energy": 73.086944,
        "activity_lines": [
          118295.614583,
          118173.357387,
          117956.489769,
          117695.330696
        ]
      },
      {
        "date": "2025-04-11",
        "close": 118671.84375,
        "volume": 27439,
        "typical_volume": 5029.6,
        "trend": 117396.373958,
        "fair_value": 112138.436899,
        "relative_strength": 8.803691,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.591951,
        "energy": 85.391165,
        "activity_lines": [
          118441.560417,
          118282.435227,
          118045.606176,
          117782.911542
        ]
      },
      {
        "date": "2025-04-18",
        "close": 118780.5625,
        "volume": 3664,
        "typical_volume": 5060.9,
        "trend": 117480.054688,
        "fair_value": 112211.961639,
        "relative_strength": 6.504335,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.902575,
        "energy": 91.59784,
        "activity_lines": [
          118585.858854,
          118396.00554,
          118136.581622,
          117872.214029
        ]
      },
      {
        "date": "2025-04-25",
        "close": 118904.109375,
        "volume": 3905,
        "typical_volume": 4920.7,
        "trend": 117564.229688,
        "fair_value": 112285.993239,
        "relative_strength": 3.814088,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.879992,
        "energy": 93.802596,
        "activity_lines": [
          118728.840625,
          118514.518182,
          118231.910789,
          117964.088525
        ]
      },
      {
        "date": "2025-05-02",
        "close": 119032.59375,
        "volume": 8585,
        "typical_volume": 5250.15,
        "trend": 117650.546094,
        "fair_value": 112361.291967,
        "relative_strength": 3.208118,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.96614,
        "energy": 93.385743,
        "activity_lines": [
          118866.880208,
          118637.882386,
          118331.663839,
          118058.82169
        ]
      },
      {
        "date": "2025-05-09",
        "close": 119017.773438,
        "volume": 1845,
        "typical_volume": 5224.65,
        "trend": 117738.674479,
        "fair_value": 112435.196915,
        "relative_strength": 2.307537,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.868208,
        "energy": 87.647623,
        "activity_lines": [
          118944.302604,
          118738.784943,
          118421.980953,
          118147.029906
        ]
      },
      {
        "date": "2025-05-16",
        "close": 119101.78125,
        "volume": 1533,
        "typical_volume": 5226.55,
        "trend": 117825.814583,
        "fair_value": 112509.86208,
        "relative_strength": 0.302251,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.733192,
        "energy": 79.573594,
        "activity_lines": [
          119017.770833,
          118837.710369,
          118511.944829,
          118234.972278
        ]
      },
      {
        "date": "2025-05-23",
        "close": 119116.609375,
        "volume": 2731,
        "typical_volume": 5193.85,
        "trend": 117909.495313,
        "fair_value": 112584.463943,
        "relative_strength": 1.514293,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.167266,
        "energy": 69.696731,
        "activity_lines": [
          119067.519271,
          118921.18196,
          118594.731622,
          118318.249362
        ]
      },
      {
        "date": "2025-05-30",
        "close": 119185.789063,
        "volume": 3309,
        "typical_volume": 5179.1,
        "trend": 117996.635156,
        "fair_value": 112659.921074,
        "relative_strength": -2.43394,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.647231,
        "energy": 69.595765,
        "activity_lines": [
          119117.924479,
          118999.531108,
          118676.64721,
          118400.590894
        ]
      },
      {
        "date": "2025-06-06",
        "close": 119170.96875,
        "volume": 8143,
        "typical_volume": 5488.45,
        "trend": 118079.492448,
        "fair_value": 112735.409906,
        "relative_strength": -6.424574,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.616935,
        "energy": 90.844762,
        "activity_lines": [
          119144.610938,
          119057.035938,
          118749.879874,
          118476.354352
        ]
      },
      {
        "date": "2025-06-13",
        "close": 119156.140625,
        "volume": 3469,
        "typical_volume": 5530.75,
        "trend": 118162.020052,
        "fair_value": 112813.527995,
        "relative_strength": -9.08783,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.422313,
        "energy": 88.331221,
        "activity_lines": [
          119157.129688,
          119094.144176,
          118814.734784,
          118545.815524
        ]
      },
      {
        "date": "2025-06-20",
        "close": 119195.671875,
        "volume": 3070,
        "typical_volume": 5606.95,
        "trend": 118238.946875,
        "fair_value": 112890.822466,
        "relative_strength": -12.818117,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.16253,
        "energy": 88.956065,
        "activity_lines": [
          119173.601042,
          119127.208665,
          118876.906734,
          118612.502739
        ]
      },
      {
        "date": "2025-06-27",
        "close": 119294.507813,
        "volume": 4952,
        "typical_volume": 5644.3,
        "trend": 118307.966927,
        "fair_value": 112968.750501,
        "relative_strength": -13.643733,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.680309,
        "energy": 91.045283,
        "activity_lines": [
          119216.758334,
          119168.719176,
          118941.996726,
          118680.603444
        ]
      },
      {
        "date": "2025-07-04",
        "close": 119343.929688,
        "volume": 7290,
        "typical_volume": 5942.8,
        "trend": 118377.316667,
        "fair_value": 113046.044972,
        "relative_strength": -13.518223,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.058528,
        "energy": 73.237749,
        "activity_lines": [
          119264.529688,
          119209.871023,
          119004.757441,
          118747.439752
        ]
      },
      {
        "date": "2025-07-11",
        "close": 119462.53125,
        "volume": 5918,
        "typical_volume": 6141.8,
        "trend": 118447.819271,
        "fair_value": 113123.529497,
        "relative_strength": -16.647395,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.598277,
        "energy": 75.442912,
        "activity_lines": [
          119341.292188,
          119264.590057,
          119071.871503,
          118817.453596
        ]
      },
      {
        "date": "2025-07-18",
        "close": 119482.296875,
        "volume": 3711,
        "typical_volume": 5718.15,
        "trend": 118521.78125,
        "fair_value": 113200.855619,
        "relative_strength": -16.820809,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.492139,
        "energy": 88.488554,
        "activity_lines": [
          119405.205729,
          119315.085796,
          119133.643601,
          118884.194086
        ]
      },
      {
        "date": "2025-07-25",
        "close": 119541.601563,
        "volume": 7749,
        "typical_volume": 5827.0,
        "trend": 118596.566927,
        "fair_value": 113277.19977,
        "relative_strength": -16.81403,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.975667,
        "energy": 93.70129,
        "activity_lines": [
          119467.14375,
          119367.918324,
          119194.333557,
          118949.988945
        ]
      },
      {
        "date": "2025-08-01",
        "close": 119605.84375,
        "volume": 6063,
        "typical_volume": 5695.15,
        "trend": 118665.092969,
        "fair_value": 113353.575571,
        "relative_strength": -14.545743,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.955093,
        "energy": 90.242103,
        "activity_lines": [
          119527.433854,
          119424.434517,
          119254.293899,
          119015.103579
        ]
      },
      {
        "date": "2025-08-08",
        "close": 119724.445313,
        "volume": 13536,
        "typical_volume": 6250.85,
        "trend": 118733.948438,
        "fair_value": 113430.711639,
        "relative_strength": -16.609687,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.091421,
        "energy": 91.745525,
        "activity_lines": [
          119606.502084,
          119493.61946,
          119318.584078,
          119083.448891
        ]
      },
      {
        "date": "2025-08-15",
        "close": 119783.75,
        "volume": 4835,
        "typical_volume": 6313.5,
        "trend": 118803.133334,
        "fair_value": 113507.784405,
        "relative_strength": -16.765317,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.730457,
        "energy": 90.422885,
        "activity_lines": [
          119679.970834,
          119563.793324,
          119381.203795,
          119151.178024
        ]
      },
      {
        "date": "2025-08-22",
        "close": 119798.570313,
        "volume": 3455,
        "typical_volume": 6260.1,
        "trend": 118869.682552,
        "fair_value": 113587.07457,
        "relative_strength": -15.073208,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.427164,
        "energy": 85.919285,
        "activity_lines": [
          119736.965104,
          119625.520313,
          119437.681101,
          119215.399765
        ]
      },
      {
        "date": "2025-08-29",
        "close": 119882.585938,
        "volume": 3965,
        "typical_volume": 5086.4,
        "trend": 118938.044011,
        "fair_value": 113667.790315,
        "relative_strength": -15.265161,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.885901,
        "energy": 83.903914,
        "activity_lines": [
          119800.879688,
          119690.84233,
          119496.159189,
          119280.748371
        ]
      },
      {
        "date": "2025-09-05",
        "close": 119887.523438,
        "volume": 13856,
        "typical_volume": 5596.0,
        "trend": 119007.064063,
        "fair_value": 113747.333935,
        "relative_strength": -15.466497,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.963439,
        "energy": 77.284299,
        "activity_lines": [
          119843.707813,
          119744.572728,
          119549.342076,
          119342.005108
        ]
      },
      {
        "date": "2025-09-12",
        "close": 119956.710938,
        "volume": 5504,
        "typical_volume": 5675.95,
        "trend": 119076.084375,
        "fair_value": 113827.352715,
        "relative_strength": -19.819695,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.168461,
        "energy": 74.241323,
        "activity_lines": [
          119890.819792,
          119800.100569,
          119603.843006,
          119403.272648
        ]
      },
      {
        "date": "2025-09-19",
        "close": 120040.71875,
        "volume": 5256,
        "typical_volume": 5509.5,
        "trend": 119145.928125,
        "fair_value": 113909.715695,
        "relative_strength": -20.574654,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.196457,
        "energy": 75.650608,
        "activity_lines": [
          119950.45,
          119859.76108,
          119661.332292,
          119465.507124
        ]
      },
      {
        "date": "2025-09-26",
        "close": 119892.46875,
        "volume": 4895,
        "typical_volume": 5662.0,
        "trend": 119206.711979,
        "fair_value": 113991.635166,
        "relative_strength": -18.983738,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.391513,
        "energy": 68.391885,
        "activity_lines": [
          119943.532292,
          119881.954546,
          119699.901935,
          119513.671035
        ]
      },
      {
        "date": "2025-10-03",
        "close": 120035.78125,
        "volume": 8276,
        "typical_volume": 5999.15,
        "trend": 119271.120052,
        "fair_value": 114073.839744,
        "relative_strength": -22.222387,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.286601,
        "energy": 72.265984,
        "activity_lines": [
          119978.125521,
          119922.747159,
          119747.955171,
          119567.159375
        ]
      },
      {
        "date": "2025-10-10",
        "close": 120045.664063,
        "volume": 1455,
        "typical_volume": 5935.35,
        "trend": 119334.539584,
        "fair_value": 114156.234425,
        "relative_strength": -23.145462,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.447277,
        "energy": 71.231713,
        "activity_lines": [
          120005.8,
          119956.351563,
          119792.502009,
          119617.129957
        ]
      },
      {
        "date": "2025-10-17",
        "close": 120154.382813,
        "volume": 3879,
        "typical_volume": 5963.85,
        "trend": 119400.100521,
        "fair_value": 114240.751503,
        "relative_strength": -25.487525,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.719548,
        "energy": 74.098788,
        "activity_lines": [
          120059.171354,
          120001.726279,
          119842.978944,
          119670.023068
        ]
      },
      {
        "date": "2025-10-24",
        "close": 120149.4375,
        "volume": 5555,
        "typical_volume": 5834.45,
        "trend": 119465.167188,
        "fair_value": 114324.476613,
        "relative_strength": -28.665848,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.47638,
        "energy": 71.945037,
        "activity_lines": [
          120097.716146,
          120038.384801,
          119888.372545,
          119718.367389
        ]
      },
      {
        "date": "2025-10-31",
        "close": 120030.835938,
        "volume": 7234,
        "typical_volume": 6022.7,
        "trend": 119514.914323,
        "fair_value": 114407.314754,
        "relative_strength": -31.099107,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.371162,
        "energy": 66.459859,
        "activity_lines": [
          120089.479167,
          120046.83054,
          119917.811384,
          119754.862147
        ]
      },
      {
        "date": "2025-11-07",
        "close": 119877.640625,
        "volume": 11481,
        "typical_volume": 6443.25,
        "trend": 119555.107552,
        "fair_value": 114487.206831,
        "relative_strength": -28.013854,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.92064,
        "energy": 57.308746,
        "activity_lines": [
          120020.952604,
          120023.199574,
          119928.494978,
          119778.263844
        ]
      },
      {
        "date": "2025-11-14",
        "close": 119803.515625,
        "volume": 7035,
        "typical_volume": 6547.4,
        "trend": 119589.20599,
        "fair_value": 114566.180239,
        "relative_strength": -28.493947,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.324316,
        "energy": 34.184042,
        "activity_lines": [
          119938.260417,
          119986.18125,
          119928.871578,
          119794.290172
        ]
      },
      {
        "date": "2025-11-21",
        "close": 119986.359375,
        "volume": 6618,
        "typical_volume": 6513.8,
        "trend": 119625.28099,
        "fair_value": 114644.963592,
        "relative_strength": -24.903343,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.62503,
        "energy": 28.056866,
        "activity_lines": [
          119932.659375,
          119983.934659,
          119944.238021,
          119819.912971
        ]
      },
      {
        "date": "2025-11-28",
        "close": 119917.171875,
        "volume": 5814,
        "typical_volume": 6508.6,
        "trend": 119654.766927,
        "fair_value": 114722.416416,
        "relative_strength": -25.756331,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.053111,
        "energy": 27.009799,
        "activity_lines": [
          119915.197396,
          119968.56946,
          119949.95599,
          119838.744641
        ]
      },
      {
        "date": "2025-12-05",
        "close": 119981.421875,
        "volume": 20120,
        "typical_volume": 7329.05,
        "trend": 119686.888542,
        "fair_value": 114799.742588,
        "relative_strength": -28.220653,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.491458,
        "energy": 21.195903,
        "activity_lines": [
          119934.636458,
          119967.132386,
          119959.628051,
          119859.819153
        ]
      },
      {
        "date": "2025-12-12",
        "close": 119940.0,
        "volume": 3928,
        "typical_volume": 7138.0,
        "trend": 119714.829167,
        "fair_value": 114875.567809,
        "relative_strength": -28.787598,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.823072,
        "energy": 19.690977,
        "activity_lines": [
          119943.5625,
          119956.546733,
          119962.978386,
          119876.148925
        ]
      },
      {
        "date": "2025-12-19",
        "close": 120095.0,
        "volume": 5149,
        "typical_volume": 7092.3,
        "trend": 119747.442188,
        "fair_value": 114952.038161,
        "relative_strength": -25.424624,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.080503,
        "energy": 33.857353,
        "activity_lines": [
          119999.997917,
          119975.884375,
          119979.19349,
          119900.676075
        ]
      },
      {
        "date": "2025-12-26",
        "close": 120210.0,
        "volume": 3251,
        "typical_volume": 6578.05,
        "trend": 119781.582552,
        "fair_value": 115029.08729,
        "relative_strength": -26.632989,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 76.192401,
        "energy": 52.672263,
        "activity_lines": [
          120075.334375,
          120015.234091,
          120004.031659,
          119930.518515
        ]
      },
      {
        "date": "2026-01-02",
        "close": 120270.0,
        "volume": 3444,
        "typical_volume": 6508.5,
        "trend": 119818.216927,
        "fair_value": 115104.715395,
        "relative_strength": -28.964784,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.970462,
        "energy": 76.763834,
        "activity_lines": [
          120155.761458,
          120064.481676,
          120032.271949,
          119962.029318
        ]
      },
      {
        "date": "2026-01-09",
        "close": 120350.0,
        "volume": 7546,
        "typical_volume": 6713.05,
        "trend": 119858.01224,
        "fair_value": 115178.322066,
        "relative_strength": -32.527931,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.784004,
        "energy": 84.945399,
        "activity_lines": [
          120239.333333,
          120126.08267,
          120065.815811,
          119996.337903
        ]
      },
      {
        "date": "2026-01-16",
        "close": 120345.0,
        "volume": 4740,
        "typical_volume": 6751.8,
        "trend": 119896.323177,
        "fair_value": 115249.995994,
        "relative_strength": -35.380779,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.136419,
        "energy": 84.480524,
        "activity_lines": [
          120296.666667,
          120180.971591,
          120096.257627,
          120027.756469
        ]
      },
      {
        "date": "2026-01-23",
        "close": 120370.0,
        "volume": 5497,
        "typical_volume": 6333.85,
        "trend": 119932.172917,
        "fair_value": 115321.45002,
        "relative_strength": -36.594257,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.329648,
        "energy": 83.450167,
        "activity_lines": [
          120335.333333,
          120231.908523,
          120126.878423,
          120058.316264
        ]
      },
      {
        "date": "2026-01-30",
        "close": 120370.0,
        "volume": 7915,
        "typical_volume": 6454.4,
        "trend": 119966.375261,
        "fair_value": 115390.813301,
        "relative_strength": -38.701278,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.05308,
        "energy": 78.189454,
        "activity_lines": [
          120355.666667,
          120272.545739,
          120155.201711,
          120086.563172
        ]
      },
      {
        "date": "2026-02-06",
        "close": 120340.0,
        "volume": 9468,
        "typical_volume": 6665.0,
        "trend": 119995.624219,
        "fair_value": 115460.934646,
        "relative_strength": -36.336767,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.595308,
        "energy": 64.5834,
        "activity_lines": [
          120355.333333,
          120300.753125,
          120178.699814,
          120110.667994
        ]
      },
      {
        "date": "2026-02-13",
        "close": 120505.0,
        "volume": 6008,
        "typical_volume": 6720.65,
        "trend": 120029.714323,
        "fair_value": 115533.064003,
        "relative_strength": -40.357604,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.155591,
        "energy": 66.838417,
        "activity_lines": [
          120405.333333,
          120351.272727,
          120216.487054,
          120143.530948
        ]
      },
      {
        "date": "2026-02-20",
        "close": 120570.0,
        "volume": 3636,
        "typical_volume": 6488.65,
        "trend": 120063.994271,
        "fair_value": 115605.103165,
        "relative_strength": -42.712268,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.698556,
        "energy": 83.980449,
        "activity_lines": [
          120466.666667,
          120404.090909,
          120257.547954,
          120178.388088
        ]
      },
      {
        "date": "2026-02-27",
        "close": 120700.0,
        "volume": 10676,
        "typical_volume": 6949.7,
        "trend": 120100.466146,
        "fair_value": 115679.591246,
        "relative_strength": -45.86734,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.204961,
        "energy": 93.033988,
        "activity_lines": [
          120556.333333,
          120469.090909,
          120308.445908,
          120219.420716
        ]
      },
      {
        "date": "2026-03-06",
        "close": 120595.0,
        "volume": 9838,
        "typical_volume": 7247.65,
        "trend": 120129.484636,
        "fair_value": 115751.917418,
        "relative_strength": -38.722155,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.821172,
        "energy": 86.262439,
        "activity_lines": [
          120589.0,
          120504.0,
          120346.227976,
          120251.326126
        ]
      },
      {
        "date": "2026-03-13",
        "close": 120555.0,
        "volume": 6177,
        "typical_volume": 7278.75,
        "trend": 120155.192969,
        "fair_value": 115820.565906,
        "relative_strength": -36.822852,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.395385,
        "energy": 74.783193,
        "activity_lines": [
          120593.333333,
          120524.636364,
          120378.102344,
          120278.77873
        ]
      },
      {
        "date": "2026-03-20",
        "close": 120520.0,
        "volume": 4638,
        "typical_volume": 7148.95,
        "trend": 120179.240625,
        "fair_value": 115887.121044,
        "relative_strength": -39.250832,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.94308,
        "energy": 58.284474,
        "activity_lines": [
          120571.666667,
          120533.727273,
          120404.712128,
          120302.314667
        ]
      },
      {
        "date": "2026-03-27",
        "close": 120355.0,
        "volume": 3786,
        "typical_volume": 6764.2,
        "trend": 120194.987761,
        "fair_value": 115952.808544,
        "relative_strength": -34.63357,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.61499,
        "energy": 36.107942,
        "activity_lines": [
          120494.0,
          120509.727273,
          120413.278274,
          120313.653982
        ]
      },
      {
        "date": "2026-04-03",
        "close": 120565.0,
        "volume": 5414,
        "typical_volume": 6683.15,
        "trend": 120217.570313,
        "fair_value": 116019.176983,
        "relative_strength": -32.790105,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.011168,
        "energy": 32.625488,
        "activity_lines": [
          120500.666667,
          120523.727273,
          120439.57128,
          120337.525739
        ]
      },
      {
        "date": "2026-04-10",
        "close": 120740.0,
        "volume": 4751,
        "typical_volume": 6589.8,
        "trend": 120243.679948,
        "fair_value": 116085.811899,
        "relative_strength": -37.205037,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.809924,
        "energy": 45.494252,
        "activity_lines": [
          120574.666667,
          120566.0,
          120478.904836,
          120371.23088
        ]
      },
      {
        "date": "2026-04-17",
        "close": 120785.0,
        "volume": 5363,
        "typical_volume": 6567.25,
        "trend": 120268.489323,
        "fair_value": 116152.671925,
        "relative_strength": -39.557359,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.68832,
        "energy": 52.661531,
        "activity_lines": [
          120654.0,
          120609.727273,
          120518.935342,
          120406.154755
        ]
      },
      {
        "date": "2026-04-24",
        "close": 120735.0,
        "volume": 5993,
        "typical_volume": 5860.9,
        "trend": 120296.573698,
        "fair_value": 116219.053035,
        "relative_strength": -41.247309,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.403332,
        "energy": 38.684366,
        "activity_lines": [
          120701.333333,
          120636.272727,
          120550.071429,
          120436.252218
        ]
      },
      {
        "date": "2026-05-01",
        "close": 120710.0,
        "volume": 4743,
        "typical_volume": 5901.65,
        "trend": 120319.047656,
        "fair_value": 116284.672025,
        "relative_strength": -41.353997,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.109494,
        "energy": 38.259052,
        "activity_lines": [
          120726.0,
          120654.090909,
          120575.238095,
          120462.924882
        ]
      },
      {
        "date": "2026-05-08",
        "close": 120845.0,
        "volume": 9480,
        "typical_volume": 6118.2,
        "trend": 120345.692188,
        "fair_value": 116350.586188,
        "relative_strength": -47.353058,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.178286,
        "energy": 39.742023,
        "activity_lines": [
          120772.0,
          120693.909091,
          120609.595238,
          120496.857292
        ]
      },
      {
        "date": "2026-05-15",
        "close": 120735.0,
        "volume": 9722,
        "typical_volume": 6441.75,
        "trend": 120365.046094,
        "fair_value": 116416.428786,
        "relative_strength": -46.382733,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.093522,
        "energy": 33.61955,
        "activity_lines": [
          120762.666667,
          120711.090909,
          120629.904762,
          120521.973925
        ]
      },
      {
        "date": "2026-05-22",
        "close": 120815.0,
        "volume": 5362,
        "typical_volume": 6537.65,
        "trend": 120387.23151,
        "fair_value": 116483.386068,
        "relative_strength": -47.749237,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.781167,
        "energy": 33.003526,
        "activity_lines": [
          120780.333333,
          120740.272727,
          120655.333333,
          120551.003209
        ]
      },
      {
        "date": "2026-05-29",
        "close": 120840.0,
        "volume": 7591,
        "typical_volume": 6539.9,
        "trend": 120414.203646,
        "fair_value": 116549.584986,
        "relative_strength": -50.649313,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.014857,
        "energy": 33.286662,
        "activity_lines": [
          120804.333333,
          120769.272727,
          120680.547619,
          120580.214079
        ]
      },
      {
        "date": "2026-06-05",
        "close": 120740.0,
        "volume": 886,
        "typical_volume": 6347.2,
        "trend": 120442.948958,
        "fair_value": 116614.952775,
        "relative_strength": -47.825362,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.216304,
        "energy": 27.871316,
        "activity_lines": [
          120788.0,
          120774.272727,
          120693.904762,
          120601.233199
        ]
      },
      {
        "date": "2026-06-12",
        "close": 120860.0,
        "volume": 1000,
        "typical_volume": 6122.35,
        "trend": 120478.165104,
        "fair_value": 116680.963091,
        "relative_strength": -46.583596,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.618579,
        "energy": 30.799595,
        "activity_lines": [
          120809.666667,
          120794.090909,
          120716.809524,
          120628.139718
        ]
      },
      {
        "date": "2026-06-19",
        "close": 120975.0,
        "volume": 817,
        "typical_volume": 5767.45,
        "trend": 120511.119792,
        "fair_value": 116747.520533,
        "relative_strength": -51.138751,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.786731,
        "energy": 34.562677,
        "activity_lines": [
          120868.666667,
          120829.454545,
          120748.333333,
          120660.193582
        ]
      },
      {
        "date": "2026-06-26",
        "close": 121065.0,
        "volume": 685,
        "typical_volume": 5328.3,
        "trend": 120549.380729,
        "fair_value": 116814.559846,
        "relative_strength": -46.44686,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.418991,
        "energy": 44.137737,
        "activity_lines": [
          120941.666667,
          120876.909091,
          120785.547619,
          120695.927789
        ]
      },
      {
        "date": "2026-07-03",
        "close": 121050.0,
        "volume": 2126,
        "typical_volume": 5134.2,
        "trend": 120585.0,
        "fair_value": 116881.408003,
        "relative_strength": -43.338619,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.031563,
        "energy": 53.62779,
        "activity_lines": [
          120993.0,
          120916.545455,
          120817.880952,
          120728.225806
        ]
      },
      {
        "date": "2026-07-10",
        "close": 121155.0,
        "volume": 4840,
        "typical_volume": 5194.4,
        "trend": 120625.5,
        "fair_value": 116947.69376,
        "relative_strength": -37.672351,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.610921,
        "energy": 61.798168,
        "activity_lines": [
          121065.333333,
          120969.545455,
          120857.619048,
          120765.0
        ]
      },
      {
        "date": "2026-07-17",
        "close": 121190.0,
        "volume": 3240,
        "typical_volume": 4822.6,
        "trend": 120662.0,
        "fair_value": 117013.728716,
        "relative_strength": -30.653121,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.116424,
        "energy": 62.909038,
        "activity_lines": [
          121121.666667,
          121020.818182,
          120897.904762,
          120801.419355
        ]
      },
      {
        "date": "2026-07-24",
        "close": 121145.0,
        "volume": 3519,
        "typical_volume": 4506.65,
        "trend": 120693.166667,
        "fair_value": 117078.96835,
        "relative_strength": -28.293649,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.201889,
        "energy": 86.840901,
        "activity_lines": [
          121141.0,
          121057.636364,
          120931.571429,
          120832.580645
        ]
      },
      {
        "date": "2026-07-31",
        "close": 121435.0,
        "volume": 4878,
        "typical_volume": 4441.7,
        "trend": 120732.0,
        "fair_value": 117146.130309,
        "relative_strength": -25.961009,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.214388,
        "energy": 91.689147,
        "activity_lines": [
          121245.666667,
          121139.727273,
          120990.238095,
          120880.44086
        ]
      },
      {
        "date": "2026-08-07",
        "close": 121555.0,
        "volume": 6996,
        "typical_volume": 4559.6,
        "trend": 120772.166667,
        "fair_value": 117213.301232,
        "relative_strength": -20.806366,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.182711,
        "energy": 94.696205,
        "activity_lines": [
          121365.666667,
          121232.363636,
          121056.142857,
          120933.537634
        ]
      }
    ],
    "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."
    }
  }
}