{ "ticker": { "uuid": "0b75889d-1ce9-401b-8c6a-f20206ce4915", "symbol": "205720", "name": "Kim Kindex Synth-Japan Inverse ETF(H)", "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": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Established contraction", "architecture_gate": "down", "architecture_direction": -67.606, "architecture_energy": 51.644, "architecture_maturity": 100.0, "architecture_confidence": 91.573, "architecture_tenure": "Extended", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 12.72, "rotation_up": 25.93, "upward_expansion": 7.74, "deceleration": 58.66, "rotation_down": 53.03, "downward_expansion": 81.07 }, "activity_lines": [ 1477.733333, 1485.745455, 1516.009524, 1548.243011 ], "activity_state": "Moderate", "activity_direction": "Contracting", "rotation_direction": "Improving", "price_acceptance": -0.666667 }, "latest_close": 1464.0, "trend_reference": 1590.9, "distance_from_trend": -0.079766, "trend_direction": "Weakening", "fair_value": 2348.446195, "distance_from_fair_value": -0.376609, "fair_value_direction": "Weakening", "relative_strength": -36.169146, "relative_strength_direction": "Improving", "price_momentum": -0.128571, "excess_performance": -0.3584, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.079766, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.070027, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.376609, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": false, "value": -0.008939, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.361691, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.223915, "read": "Improving" }, { "label": "Price momentum", "positive": false, "value": -0.128571, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.852369, "read": "Supply-led" } ], "volume": { "latest": 32523, "relative_activity": 0.935405, "balance": 0.852369, "dry_up": 1.506476, "accumulation_observations": 3, "distribution_observations": 3 }, "risk": { "range_context": 0.033943, "annualized_volatility": 0.160788, "from_high_reference": -0.318699, "from_low_reference": 0.007571 }, "levels": { "trend_reference": 1590.9, "fair_value_reference": 2348.446195, "structural_low": 1453.0, "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired." }, "outcomes": [ { "horizon": "Near term", "sample_count": 49, "median_return": -0.015217, "positive_rate": 0.22449, "directional_follow_through": 0.734694, "median_excess_return": -0.036071, "regime_survival": 0.897959, "best_return": 0.060976, "worst_return": -0.079341, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 15, "median_return": -0.044349, "positive_rate": 0.066667, "directional_follow_through": 0.933333, "median_excess_return": -0.07539, "regime_survival": 0.733333, "best_return": 0.037129, "worst_return": -0.155168, "sufficient": true }, { "horizon": "Extended", "sample_count": 8, "median_return": -0.088981, "positive_rate": 0.125, "directional_follow_through": 0.875, "median_excess_return": -0.109545, "regime_survival": 0.625, "best_return": 0.054455, "worst_return": -0.192609, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 4, "median_return": -0.183777, "positive_rate": 0.25, "directional_follow_through": 0.75, "median_excess_return": -0.232899, "regime_survival": 0.75, "best_return": 0.013614, "worst_return": -0.249084, "sufficient": false } ], "ledger": [ { "regime": "balance", "label": "Balance", "color": "blue", "start": "2021-12-17", "end": "2022-03-04", "tenure": "Developing", "return": 0.051313, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2022-03-11", "end": "2022-04-01", "tenure": "New", "return": -0.078714, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-04-08", "end": "2022-07-29", "tenure": "Established", "return": -0.034442, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2022-08-05", "end": "2022-10-14", "tenure": "Developing", "return": 0.008578, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2022-10-21", "end": "2022-11-11", "tenure": "New", "return": -0.060533, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2022-11-18", "end": "2023-01-06", "tenure": "Developing", "return": 0.022699, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2023-01-13", "end": "2023-01-27", "tenure": "New", "return": -0.0325, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2023-02-03", "end": "2024-07-26", "tenure": "Extended", "return": -0.326478, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-08-02", "end": "2024-08-16", "tenure": "New", "return": -0.07554, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2024-08-23", "end": "2024-11-15", "tenure": "Established", "return": -0.031189, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2024-11-22", "end": "2025-03-28", "tenure": "Established", "return": -0.032193, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-04-04", "end": "2025-04-11", "tenure": "New", "return": -0.020638, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-04-18", "end": "2025-05-23", "tenure": "Developing", "return": -0.063492, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-30", "end": "2026-08-07", "tenure": "Extended", "return": -0.363132, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 3338.183838, "volume": 48697, "typical_volume": 45042.75, "trend": 3586.048942, "fair_value": 4239.712543, "relative_strength": -14.07412, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.319254, "energy": 54.829533, "activity_lines": [ 3298.20555, 3300.931339, 3363.71753, 3458.924562 ] }, { "date": "2023-08-25", "close": 3283.213623, "volume": 16526, "typical_volume": 44098.25, "trend": 3566.559546, "fair_value": 4225.009004, "relative_strength": -15.660213, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.969254, "energy": 51.631281, "activity_lines": [ 3293.874544, 3297.478658, 3347.607239, 3439.3868 ] }, { "date": "2023-09-01", "close": 3178.270752, "volume": 43111, "typical_volume": 45650.7, "trend": 3542.905745, "fair_value": 4210.273431, "relative_strength": -19.322933, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.545215, "energy": 60.796252, "activity_lines": [ 3256.228353, 3274.945455, 3323.977233, 3414.33591 ] }, { "date": "2023-09-08", "close": 3153.284424, "volume": 51542, "typical_volume": 47854.15, "trend": 3518.752222, "fair_value": 4195.473791, "relative_strength": -18.978634, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.379431, "energy": 63.75481, "activity_lines": [ 3217.582731, 3250.776793, 3300.537607, 3389.19905 ] }, { "date": "2023-09-15", "close": 3073.327881, "volume": 38204, "typical_volume": 48405.75, "trend": 3492.266634, "fair_value": 4180.674151, "relative_strength": -22.134624, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.102349, "energy": 87.421537, "activity_lines": [ 3161.280029, 3214.614649, 3272.100695, 3360.461996 ] }, { "date": "2023-09-22", "close": 3118.303467, "volume": 91895, "typical_volume": 52084.45, "trend": 3467.613379, "fair_value": 4165.938578, "relative_strength": -17.47373, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.130608, "energy": 86.261593, "activity_lines": [ 3132.295817, 3190.718568, 3250.778966, 3336.33534 ] }, { "date": "2023-09-29", "close": 3123.300781, "volume": 20832, "typical_volume": 51704.5, "trend": 3444.625887, "fair_value": 4152.16402, "relative_strength": -15.158178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.249632, "energy": 83.949508, "activity_lines": [ 3119.636068, 3171.547195, 3232.598388, 3314.121624 ] }, { "date": "2023-10-06", "close": 3233.240967, "volume": 53086, "typical_volume": 51685.35, "trend": 3426.635677, "fair_value": 4138.86997, "relative_strength": -9.564254, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.848615, "energy": 55.116987, "activity_lines": [ 3154.283903, 3175.726753, 3227.148978, 3300.483887 ] }, { "date": "2023-10-13", "close": 3183.268066, "volume": 23517, "typical_volume": 51193.6, "trend": 3403.648185, "fair_value": 4124.646938, "relative_strength": -12.039657, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.187445, "energy": 43.184138, "activity_lines": [ 3168.609424, 3171.819784, 3218.177667, 3284.782751 ] }, { "date": "2023-10-20", "close": 3248.232666, "volume": 44525, "typical_volume": 52130.7, "trend": 3381.160417, "fair_value": 4110.904414, "relative_strength": -6.571158, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.555898, "energy": 24.975129, "activity_lines": [ 3202.590902, 3181.632613, 3216.987831, 3274.755943 ] }, { "date": "2023-10-27", "close": 3248.232666, "volume": 52708, "typical_volume": 51487.7, "trend": 3363.00363, "fair_value": 4096.23291, "relative_strength": -3.135697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.756328, "energy": 22.18599, "activity_lines": [ 3224.91206, 3191.627162, 3216.749859, 3266.179959 ] }, { "date": "2023-11-03", "close": 3153.284424, "volume": 42272, "typical_volume": 46390.9, "trend": 3341.348747, "fair_value": 4082.522422, "relative_strength": -8.100707, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.613958, "energy": 19.714937, "activity_lines": [ 3206.921859, 3185.99387, 3208.183095, 3252.649688 ] }, { "date": "2023-11-10", "close": 3138.29248, "volume": 41015, "typical_volume": 43741.85, "trend": 3322.025928, "fair_value": 4069.740915, "relative_strength": -9.795524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -45.552692, "energy": 23.494465, "activity_lines": [ 3181.935433, 3179.997119, 3198.807237, 3239.549284 ] }, { "date": "2023-11-17", "close": 3058.335938, "volume": 42744, "typical_volume": 41012.95, "trend": 3300.537614, "fair_value": 4056.735169, "relative_strength": -13.796394, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.732616, "energy": 42.025356, "activity_lines": [ 3136.626725, 3160.189693, 3182.768334, 3222.537026 ] }, { "date": "2023-11-24", "close": 3058.335938, "volume": 25866, "typical_volume": 41872.65, "trend": 3280.215332, "fair_value": 4044.850609, "relative_strength": -14.308554, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.566309, "energy": 59.059103, "activity_lines": [ 3099.646826, 3142.108603, 3167.84787, 3206.911112 ] }, { "date": "2023-12-01", "close": 3063.333252, "volume": 25362, "typical_volume": 40445.35, "trend": 3259.726473, "fair_value": 4033.030117, "relative_strength": -14.006132, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.557571, "energy": 66.724228, "activity_lines": [ 3076.992481, 3125.208696, 3154.545578, 3192.91872 ] }, { "date": "2023-12-08", "close": 3138.29248, "volume": 41423, "typical_volume": 41582.9, "trend": 3244.401473, "fair_value": 4021.690132, "relative_strength": -11.884723, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -59.018053, "energy": 57.408061, "activity_lines": [ 3091.651172, 3122.937198, 3149.643478, 3185.084268 ] }, { "date": "2023-12-15", "close": 3113.306152, "volume": 62426, "typical_volume": 40353.15, "trend": 3231.741691, "fair_value": 4010.446248, "relative_strength": -13.609066, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.270071, "energy": 38.03607, "activity_lines": [ 3098.98055, 3115.850155, 3143.170812, 3176.626506 ] }, { "date": "2023-12-22", "close": 3118.303467, "volume": 18324, "typical_volume": 40563.4, "trend": 3218.415609, "fair_value": 3998.914061, "relative_strength": -13.99719, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.348802, "energy": 29.60358, "activity_lines": [ 3109.641455, 3111.852348, 3138.006961, 3169.307911 ] }, { "date": "2023-12-29", "close": 3083.32251, "volume": 8154, "typical_volume": 39611.45, "trend": 3206.255558, "fair_value": 3987.766279, "relative_strength": -16.007117, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.518545, "energy": 24.628321, "activity_lines": [ 3104.644206, 3102.675542, 3130.320674, 3160.592227 ] }, { "date": "2024-01-05", "close": 3063.333252, "volume": 62311, "typical_volume": 40292.15, "trend": 3195.094963, "fair_value": 3977.291208, "relative_strength": -13.351836, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.908675, "energy": 34.044941, "activity_lines": [ 3091.318099, 3092.862691, 3121.563528, 3151.371433 ] }, { "date": "2024-01-12", "close": 2933.404053, "volume": 173536, "typical_volume": 48142.65, "trend": 3183.434644, "fair_value": 3965.91919, "relative_strength": -14.669623, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.196741, "energy": 61.648203, "activity_lines": [ 3034.682259, 3062.788157, 3101.740984, 3134.488148 ] }, { "date": "2024-01-19", "close": 2918.412109, "volume": 414863, "typical_volume": 66730.25, "trend": 3169.442253, "fair_value": 3954.515137, "relative_strength": -12.712256, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.364579, "energy": 77.719841, "activity_lines": [ 2986.708333, 3033.98564, 3082.156396, 3117.38992 ] }, { "date": "2024-01-26", "close": 2923.409424, "volume": 267954, "typical_volume": 77550.85, "trend": 3157.115625, "fair_value": 3942.470407, "relative_strength": -12.297059, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -73.21901, "energy": 80.819572, "activity_lines": [ 2953.393115, 3010.089551, 3064.285166, 3101.516835 ] }, { "date": "2024-02-02", "close": 2868.439453, "volume": 197353, "typical_volume": 85508.3, "trend": 3142.790088, "fair_value": 3931.226527, "relative_strength": -17.893186, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.352832, "energy": 89.789607, "activity_lines": [ 2914.74751, 2978.652131, 3042.273342, 3082.892566 ] }, { "date": "2024-02-09", "close": 2848.450195, "volume": 310381, "typical_volume": 96432.6, "trend": 3126.798787, "fair_value": 3920.591288, "relative_strength": -18.051304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -79.086343, "energy": 90.587761, "activity_lines": [ 2883.764355, 2947.032963, 3019.333439, 3063.902895 ] }, { "date": "2024-02-16", "close": 2773.490967, "volume": 296559, "typical_volume": 110218.95, "trend": 3108.975147, "fair_value": 3909.379438, "relative_strength": -20.452383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.108243, "energy": 93.510658, "activity_lines": [ 2842.120329, 2905.69181, 2990.539578, 3041.108842 ] }, { "date": "2024-02-23", "close": 2733.512695, "volume": 410260, "typical_volume": 128077.65, "trend": 3090.485205, "fair_value": 3897.174539, "relative_strength": -21.505269, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.67338, "energy": 93.938325, "activity_lines": [ 2797.811084, 2863.714635, 2959.604022, 3016.885458 ] }, { "date": "2024-03-01", "close": 2723.518311, "volume": 163745, "typical_volume": 135089.05, "trend": 3071.662118, "fair_value": 3885.097777, "relative_strength": -20.412589, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.879135, "energy": 91.443563, "activity_lines": [ 2762.497005, 2826.825635, 2930.09628, 2993.210175 ] }, { "date": "2024-03-08", "close": 2673.54541, "volume": 506670, "typical_volume": 158196.3, "trend": 3052.172721, "fair_value": 3873.533555, "relative_strength": -22.3133, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.132683, "energy": 92.862442, "activity_lines": [ 2723.851367, 2788.028564, 2898.018498, 2967.525226 ] }, { "date": "2024-03-15", "close": 2723.518311, "volume": 398726, "typical_volume": 175497.2, "trend": 3031.68387, "fair_value": 3863.058487, "relative_strength": -19.744653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.911862, "energy": 80.370824, "activity_lines": [ 2714.856299, 2765.767969, 2873.436646, 2946.321715 ] }, { "date": "2024-03-22", "close": 2583.594238, "volume": 547985, "typical_volume": 200782.85, "trend": 3008.363224, "fair_value": 3851.494266, "relative_strength": -25.359391, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -87.386071, "energy": 77.901982, "activity_lines": [ 2667.548665, 2724.245086, 2838.027331, 2917.412707 ] }, { "date": "2024-03-29", "close": 2618.575195, "volume": 218768, "typical_volume": 209670.5, "trend": 2989.706706, "fair_value": 3840.474619, "relative_strength": -23.621511, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.791751, "energy": 69.383963, "activity_lines": [ 2644.561133, 2695.442556, 2808.662347, 2892.265092 ] }, { "date": "2024-04-05", "close": 2663.550781, "volume": 132513, "typical_volume": 214158.95, "trend": 2973.382251, "fair_value": 3829.487007, "relative_strength": -20.715126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.608484, "energy": 64.822698, "activity_lines": [ 2644.227962, 2680.268985, 2786.055595, 2871.222774 ] }, { "date": "2024-04-12", "close": 2603.583496, "volume": 211298, "typical_volume": 223430.55, "trend": 2957.724105, "fair_value": 3817.986854, "relative_strength": -20.980946, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.928035, "energy": 68.071693, "activity_lines": [ 2627.903532, 2658.916974, 2759.617604, 2847.36479 ] }, { "date": "2024-04-19", "close": 2728.515381, "volume": 305401, "typical_volume": 237432.5, "trend": 2944.731169, "fair_value": 3806.646868, "relative_strength": -13.771581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.646782, "energy": 56.374936, "activity_lines": [ 2657.887191, 2665.095415, 2747.243374, 2832.577131 ] }, { "date": "2024-04-26", "close": 2673.54541, "volume": 103555, "typical_volume": 240539.1, "trend": 2929.739323, "fair_value": 3794.826377, "relative_strength": -16.957928, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.771757, "energy": 44.846592, "activity_lines": [ 2669.214388, 2663.459948, 2731.228281, 2815.081275 ] }, { "date": "2024-05-03", "close": 2628.569824, "volume": 108054, "typical_volume": 242820.5, "trend": 2909.583618, "fair_value": 3783.326224, "relative_strength": -18.341038, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.347968, "energy": 45.66707, "activity_lines": [ 2659.552978, 2655.464293, 2713.142879, 2795.650985 ] }, { "date": "2024-05-10", "close": 2623.57251, "volume": 104119, "typical_volume": 247110.25, "trend": 2890.9271, "fair_value": 3770.865053, "relative_strength": -19.386422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.794244, "energy": 44.125926, "activity_lines": [ 2647.559489, 2648.468089, 2696.889811, 2777.198655 ] }, { "date": "2024-05-17", "close": 2613.578125, "volume": 63389, "typical_volume": 249872.0, "trend": 2869.771948, "fair_value": 3758.884393, "relative_strength": -19.060565, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -65.617129, "energy": 49.513349, "activity_lines": [ 2634.899756, 2641.471919, 2682.040759, 2759.305173 ] }, { "date": "2024-05-24", "close": 2608.580811, "volume": 124001, "typical_volume": 252956.5, "trend": 2848.45022, "fair_value": 3747.352206, "relative_strength": -17.561748, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.643545, "energy": 50.592139, "activity_lines": [ 2619.907943, 2634.657462, 2668.95265, 2742.454132 ] }, { "date": "2024-05-31", "close": 2578.597168, "volume": 267525, "typical_volume": 257655.95, "trend": 2829.293978, "fair_value": 3735.852052, "relative_strength": -16.456347, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.09113, "energy": 51.770823, "activity_lines": [ 2602.91722, 2624.481206, 2655.174443, 2725.044258 ] }, { "date": "2024-06-07", "close": 2588.591553, "volume": 165516, "typical_volume": 245188.6, "trend": 2810.970614, "fair_value": 3724.415966, "relative_strength": -18.335696, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.228631, "energy": 49.282427, "activity_lines": [ 2595.587842, 2616.212966, 2644.03764, 2709.515069 ] }, { "date": "2024-06-14", "close": 2598.586182, "volume": 142725, "typical_volume": 238927.15, "trend": 2795.645622, "fair_value": 3712.915811, "relative_strength": -18.668666, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -60.15625, "energy": 46.239605, "activity_lines": [ 2594.255225, 2610.307089, 2635.423279, 2695.812848 ] }, { "date": "2024-06-21", "close": 2608.580811, "volume": 97001, "typical_volume": 233909.55, "trend": 2780.653784, "fair_value": 3701.671928, "relative_strength": -18.624558, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -57.866563, "energy": 43.518663, "activity_lines": [ 2597.919906, 2607.399592, 2629.307566, 2683.74415 ] }, { "date": "2024-06-28", "close": 2528.624268, "volume": 161096, "typical_volume": 226445.3, "trend": 2762.830151, "fair_value": 3689.915504, "relative_strength": -20.999073, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.200102, "energy": 49.605726, "activity_lines": [ 2575.26556, 2589.863681, 2616.814366, 2667.484181 ] }, { "date": "2024-07-05", "close": 2468.656982, "volume": 215707, "typical_volume": 222402.7, "trend": 2740.508968, "fair_value": 3677.101963, "relative_strength": -24.042805, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.157451, "energy": 63.933214, "activity_lines": [ 2537.952555, 2565.059011, 2600.132977, 2648.505267 ] }, { "date": "2024-07-12", "close": 2468.656982, "volume": 138508, "typical_volume": 208815.1, "trend": 2719.020662, "fair_value": 3664.768929, "relative_strength": -23.381842, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.217653, "energy": 74.858505, "activity_lines": [ 2507.968896, 2543.979585, 2584.903177, 2630.966429 ] }, { "date": "2024-07-19", "close": 2483.648682, "volume": 170459, "typical_volume": 209150.8, "trend": 2697.865503, "fair_value": 3652.307758, "relative_strength": -20.706939, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.244656, "energy": 79.155414, "activity_lines": [ 2490.978109, 2528.53343, 2572.362377, 2615.78114 ] }, { "date": "2024-07-26", "close": 2618.575195, "volume": 328855, "typical_volume": 200260.05, "trend": 2682.373926, "fair_value": 3640.647436, "relative_strength": -14.008296, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -56.436763, "energy": 46.904705, "activity_lines": [ 2526.625325, 2540.163437, 2573.813957, 2610.665637 ] }, { "date": "2024-08-02", "close": 2778.488281, "volume": 478624, "typical_volume": 204254.95, "trend": 2672.879093, "fair_value": 3630.204399, "relative_strength": -6.494343, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "down", "direction": -2.374528, "energy": 8.31683, "activity_lines": [ 2614.910612, 2580.777694, 2590.757117, 2616.866563 ] }, { "date": "2024-08-09", "close": 2778.488281, "volume": 1728642, "typical_volume": 263287.8, "trend": 2667.715234, "fair_value": 3620.30594, "relative_strength": -3.015042, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 28.449211, "energy": 30.195569, "activity_lines": [ 2686.538297, 2618.302725, 2607.438516, 2623.680059 ] }, { "date": "2024-08-16", "close": 2568.602539, "volume": 891110, "typical_volume": 296904.9, "trend": 2656.054915, "fair_value": 3607.972907, "relative_strength": -13.385142, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 4.788439, "energy": 20.274508, "activity_lines": [ 2667.548649, 2614.032329, 2603.20273, 2617.285691 ] }, { "date": "2024-08-23", "close": 2563.605225, "volume": 522308, "typical_volume": 316394.65, "trend": 2644.061442, "fair_value": 3596.216482, "relative_strength": -13.158022, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -16.369082, "energy": 19.380973, "activity_lines": [ 2640.230192, 2609.216766, 2598.728974, 2611.321195 ] }, { "date": "2024-08-30", "close": 2533.621582, "volume": 108426, "typical_volume": 311251.05, "trend": 2632.900846, "fair_value": 3585.38904, "relative_strength": -12.846626, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -37.310907, "energy": 14.436461, "activity_lines": [ 2597.586751, 2599.585649, 2591.875564, 2604.196043 ] }, { "date": "2024-09-06", "close": 2638.564453, "volume": 1035274, "typical_volume": 347744.7, "trend": 2625.904655, "fair_value": 3576.259392, "relative_strength": -4.258248, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -25.055828, "energy": 16.606348, "activity_lines": [ 2595.587842, 2610.397949, 2595.349865, 2604.561437 ] }, { "date": "2024-09-13", "close": 2658.553467, "volume": 793018, "typical_volume": 382217.85, "trend": 2622.073405, "fair_value": 3567.418047, "relative_strength": -4.445882, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -3.030298, "energy": 5.661569, "activity_lines": [ 2609.580192, 2622.845703, 2601.15622, 2606.667812 ] }, { "date": "2024-09-20", "close": 2588.591553, "volume": 249368, "typical_volume": 389283.55, "trend": 2617.2427, "fair_value": 3558.096195, "relative_strength": -7.199876, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.894685, "energy": 7.029962, "activity_lines": [ 2608.247559, 2619.120446, 2600.370925, 2604.507692 ] }, { "date": "2024-09-27", "close": 2493.643311, "volume": 262697, "typical_volume": 397212.45, "trend": 2609.5802, "fair_value": 3547.044517, "relative_strength": -11.993984, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -43.918712, "energy": 21.123956, "activity_lines": [ 2573.93291, 2595.951243, 2590.733314, 2596.533538 ] }, { "date": "2024-10-04", "close": 2513.632324, "volume": 165368, "typical_volume": 402311.4, "trend": 2604.249764, "fair_value": 3536.281142, "relative_strength": -7.921386, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -49.942755, "energy": 31.501127, "activity_lines": [ 2550.945394, 2576.234686, 2583.618128, 2590.343353 ] }, { "date": "2024-10-11", "close": 2488.645996, "volume": 175047, "typical_volume": 404863.7, "trend": 2596.420687, "fair_value": 3525.709972, "relative_strength": -9.236616, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -53.503407, "energy": 42.700289, "activity_lines": [ 2520.961719, 2553.883212, 2574.599225, 2582.885045 ] }, { "date": "2024-10-18", "close": 2508.63501, "volume": 147352, "typical_volume": 398855.05, "trend": 2593.922046, "fair_value": 3514.978632, "relative_strength": -7.725468, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -51.078896, "energy": 46.005782, "activity_lines": [ 2507.635612, 2540.435964, 2568.055155, 2577.221453 ] }, { "date": "2024-10-25", "close": 2578.597168, "volume": 219137, "typical_volume": 401536.1, "trend": 2592.589445, "fair_value": 3504.503562, "relative_strength": -4.038679, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.504796, "energy": 34.559467, "activity_lines": [ 2527.624788, 2544.615532, 2568.507301, 2576.232751 ] }, { "date": "2024-11-01", "close": 2538.618896, "volume": 159331, "typical_volume": 402366.4, "trend": 2588.425049, "fair_value": 3494.701203, "relative_strength": -3.41179, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -45.580517, "energy": 25.810394, "activity_lines": [ 2534.954167, 2541.344602, 2565.199585, 2572.75078 ] }, { "date": "2024-11-08", "close": 2458.662354, "volume": 275914, "typical_volume": 411312.05, "trend": 2583.594344, "fair_value": 3484.1941, "relative_strength": -6.544998, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -60.923593, "energy": 36.513808, "activity_lines": [ 2512.632992, 2523.990416, 2554.562519, 2564.378993 ] }, { "date": "2024-11-15", "close": 2483.648682, "volume": 272726, "typical_volume": 416893.55, "trend": 2575.432121, "fair_value": 3474.007334, "relative_strength": 0.43689, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -55.03178, "energy": 38.164986, "activity_lines": [ 2502.305257, 2512.542094, 2547.019, 2557.930886 ] }, { "date": "2024-11-22", "close": 2483.648682, "volume": 150169, "typical_volume": 413616.65, "trend": 2569.10223, "fair_value": 3463.340061, "relative_strength": -2.526299, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.81315, "energy": 48.755189, "activity_lines": [ 2492.310677, 2503.910423, 2539.689651, 2552.009374 ] }, { "date": "2024-11-29", "close": 2508.63501, "volume": 166623, "typical_volume": 415022.4, "trend": 2565.104403, "fair_value": 3451.968043, "relative_strength": 0.654255, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -52.033153, "energy": 47.437272, "activity_lines": [ 2492.310629, 2503.001807, 2534.668563, 2548.108263 ] }, { "date": "2024-12-06", "close": 2458.662354, "volume": 241813, "typical_volume": 418590.1, "trend": 2559.607398, "fair_value": 3440.756193, "relative_strength": 0.220729, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.996275, "energy": 46.383485, "activity_lines": [ 2480.317172, 2494.461009, 2524.697803, 2541.241034 ] }, { "date": "2024-12-13", "close": 2448.667725, "volume": 144909, "typical_volume": 409392.8, "trend": 2554.110384, "fair_value": 3429.608411, "relative_strength": -2.407151, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.462949, "energy": 47.374447, "activity_lines": [ 2470.322608, 2484.739023, 2513.894156, 2534.083636 ] }, { "date": "2024-12-20", "close": 2478.651367, "volume": 74430, "typical_volume": 389183.1, "trend": 2549.779403, "fair_value": 3418.7169, "relative_strength": 2.830189, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.746877, "energy": 40.087383, "activity_lines": [ 2470.9889, 2481.649783, 2506.755177, 2529.215312 ] }, { "date": "2024-12-27", "close": 2408.689453, "volume": 90239, "typical_volume": 307262.95, "trend": 2544.115812, "fair_value": 3407.537084, "relative_strength": 0.20867, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.64692, "energy": 60.082815, "activity_lines": [ 2448.667708, 2466.021915, 2494.380954, 2520.112735 ] }, { "date": "2025-01-03", "close": 2438.673096, "volume": 41618, "typical_volume": 264788.35, "trend": 2539.11853, "fair_value": 3396.549471, "relative_strength": 0.278292, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.307402, "energy": 55.564981, "activity_lines": [ 2441.338346, 2457.662811, 2486.623262, 2513.309979 ] }, { "date": "2025-01-10", "close": 2468.656982, "volume": 72451, "typical_volume": 242295.5, "trend": 2534.787557, "fair_value": 3385.657962, "relative_strength": -1.124477, "stage": 1, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -55.83123, "energy": 40.365969, "activity_lines": [ 2448.667741, 2457.299396, 2482.33989, 2508.764073 ] }, { "date": "2025-01-17", "close": 2513.632324, "volume": 113146, "typical_volume": 242531.5, "trend": 2531.622607, "fair_value": 3374.189841, "relative_strength": 0.726363, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -37.10648, "energy": 24.785975, "activity_lines": [ 2470.322607, 2466.385352, 2482.792019, 2507.399219 ] }, { "date": "2025-01-24", "close": 2443.67041, "volume": 78185, "typical_volume": 194677.05, "trend": 2528.790812, "fair_value": 3361.760705, "relative_strength": -2.177347, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -43.454573, "energy": 22.939081, "activity_lines": [ 2464.325862, 2461.751505, 2476.676295, 2501.724883 ] }, { "date": "2025-01-31", "close": 2403.692139, "volume": 41893, "typical_volume": 157120.8, "trend": 2526.625317, "fair_value": 3349.683943, "relative_strength": -2.765504, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.994771, "energy": 32.802951, "activity_lines": [ 2447.335091, 2450.575759, 2467.681184, 2493.654001 ] }, { "date": "2025-02-07", "close": 2443.67041, "volume": 64071, "typical_volume": 147855.95, "trend": 2525.792432, "fair_value": 3338.311926, "relative_strength": -1.097916, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.623693, "energy": 29.93671, "activity_lines": [ 2444.003564, 2448.122545, 2463.707152, 2488.302072 ] }, { "date": "2025-02-14", "close": 2418.684082, "volume": 60783, "typical_volume": 137760.25, "trend": 2523.626945, "fair_value": 3326.587535, "relative_strength": -4.507988, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -58.925343, "energy": 46.980058, "activity_lines": [ 2432.010107, 2442.307537, 2458.043571, 2481.391856 ] }, { "date": "2025-02-21", "close": 2448.667725, "volume": 125304, "typical_volume": 135757.05, "trend": 2517.963363, "fair_value": 3314.510774, "relative_strength": -5.447699, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.994756, "energy": 37.838969, "activity_lines": [ 2433.342725, 2442.670978, 2455.592524, 2476.555777 ] }, { "date": "2025-02-28", "close": 2483.648682, "volume": 116309, "typical_volume": 132820.15, "trend": 2508.135376, "fair_value": 3302.209775, "relative_strength": 0.614364, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -33.178745, "energy": 17.868788, "activity_lines": [ 2450.666634, 2449.394593, 2456.782351, 2474.341927 ] }, { "date": "2025-03-07", "close": 2473.654053, "volume": 231357, "typical_volume": 137020.4, "trend": 2497.974235, "fair_value": 3289.171997, "relative_strength": -0.927086, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.438212, "energy": 12.7676, "activity_lines": [ 2461.993783, 2454.210143, 2457.044106, 2472.117325 ] }, { "date": "2025-03-14", "close": 2458.662354, "volume": 572770, "typical_volume": 154702.05, "trend": 2494.309562, "fair_value": 3277.63981, "relative_strength": -1.515105, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -26.316147, "energy": 14.218388, "activity_lines": [ 2463.659571, 2455.118755, 2456.044656, 2469.581075 ] }, { "date": "2025-03-21", "close": 2388.700439, "volume": 349298, "typical_volume": 164200.4, "trend": 2488.479403, "fair_value": 3266.6522, "relative_strength": -7.03001, "stage": 1, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.55761, "energy": 23.345292, "activity_lines": [ 2441.005257, 2442.943577, 2448.953284, 2462.767583 ] }, { "date": "2025-03-28", "close": 2403.692139, "volume": 150066, "typical_volume": 157908.0, "trend": 2484.148421, "fair_value": 3255.44035, "relative_strength": -3.306124, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -51.744455, "energy": 33.122938, "activity_lines": [ 2425.347087, 2434.947918, 2444.003591, 2457.297437 ] }, { "date": "2025-04-04", "close": 2663.550781, "volume": 1408215, "typical_volume": 214682.45, "trend": 2484.981299, "fair_value": 3245.541887, "relative_strength": 10.952508, "stage": 1, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 35.220914, "energy": 26.72551, "activity_lines": [ 2499.306836, 2476.198198, 2464.064103, 2468.871783 ] }, { "date": "2025-04-11", "close": 2608.580811, "volume": 630898, "typical_volume": 238718.9, "trend": 2483.315544, "fair_value": 3235.194953, "relative_strength": 9.903069, "stage": 1, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 33.892243, "energy": 39.108088, "activity_lines": [ 2542.949789, 2503.456113, 2478.032703, 2476.845945 ] }, { "date": "2025-04-18", "close": 2518.629639, "volume": 91056, "typical_volume": 234940.55, "trend": 2480.98348, "fair_value": 3224.431577, "relative_strength": 4.025996, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 21.198455, "energy": 33.901328, "activity_lines": [ 2547.6139, 2510.63402, 2482.83961, 2479.124273 ] }, { "date": "2025-04-25", "close": 2448.667725, "volume": 146308, "typical_volume": 230165.3, "trend": 2479.484294, "fair_value": 3213.027525, "relative_strength": -1.273857, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": 12.955439, "energy": 19.882837, "activity_lines": [ 2524.959554, 2503.728685, 2480.935884, 2477.039386 ] }, { "date": "2025-05-02", "close": 2403.692139, "volume": 296826, "typical_volume": 237761.15, "trend": 2475.819621, "fair_value": 3201.367202, "relative_strength": -3.515966, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.253444, "energy": 5.569231, "activity_lines": [ 2483.315528, 2488.100813, 2474.796362, 2472.14957 ] }, { "date": "2025-05-09", "close": 2358.716797, "volume": 360714, "typical_volume": 252075.35, "trend": 2471.488648, "fair_value": 3189.034169, "relative_strength": -5.876655, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -47.239117, "energy": 28.804058, "activity_lines": [ 2426.67972, 2465.113344, 2464.587644, 2464.594549 ] }, { "date": "2025-05-16", "close": 2363.713867, "volume": 99748, "typical_volume": 252550.8, "trend": 2466.657943, "fair_value": 3177.053506, "relative_strength": -7.349346, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -56.729283, "energy": 38.009512, "activity_lines": [ 2392.031869, 2445.305922, 2455.425955, 2457.641337 ] }, { "date": "2025-05-23", "close": 2358.716797, "volume": 317750, "typical_volume": 266357.4, "trend": 2459.328597, "fair_value": 3165.040811, "relative_strength": -6.192058, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -58.410277, "energy": 49.427375, "activity_lines": [ 2372.04279, 2426.588854, 2446.002523, 2450.677392 ] }, { "date": "2025-05-30", "close": 2298.749268, "volume": 175458, "typical_volume": 271507.75, "trend": 2451.332943, "fair_value": 3153.316419, "relative_strength": -11.935255, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -67.411419, "energy": 63.149616, "activity_lines": [ 2342.725391, 2398.785791, 2431.248642, 2440.317435 ] }, { "date": "2025-06-06", "close": 2328.73291, "volume": 36593, "typical_volume": 267680.1, "trend": 2447.001961, "fair_value": 3141.816265, "relative_strength": -14.206247, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.056314, "energy": 57.218019, "activity_lines": [ 2333.397103, 2378.069776, 2420.159431, 2432.407756 ] }, { "date": "2025-06-13", "close": 2328.73291, "volume": 80150, "typical_volume": 267778.35, "trend": 2441.838102, "fair_value": 3129.098824, "relative_strength": -16.424509, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -59.249257, "energy": 51.137291, "activity_lines": [ 2329.066097, 2358.716655, 2409.950693, 2424.777495 ] }, { "date": "2025-06-20", "close": 2293.751953, "volume": 52311, "typical_volume": 268299.25, "trend": 2435.508211, "fair_value": 3116.509518, "relative_strength": -20.864459, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.07153, "energy": 51.788688, "activity_lines": [ 2315.073698, 2339.090958, 2396.957757, 2415.223549 ] }, { "date": "2025-06-27", "close": 2263.768311, "volume": 121318, "typical_volume": 271161.6, "trend": 2427.345988, "fair_value": 3103.311572, "relative_strength": -22.517179, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.9029, "energy": 47.977868, "activity_lines": [ 2295.750879, 2319.737851, 2381.63276, 2404.143556 ] }, { "date": "2025-07-04", "close": 2278.760254, "volume": 509157, "typical_volume": 293580.3, "trend": 2421.349251, "fair_value": 3090.786335, "relative_strength": -21.7785, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.937646, "energy": 35.267816, "activity_lines": [ 2287.755274, 2307.744394, 2368.592245, 2394.557379 ] }, { "date": "2025-07-11", "close": 2283.757568, "volume": 117369, "typical_volume": 293183.55, "trend": 2415.852246, "fair_value": 3078.517368, "relative_strength": -24.38492, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.14571, "energy": 38.588158, "activity_lines": [ 2282.75804, 2299.748766, 2356.693967, 2385.680497 ] }, { "date": "2025-07-18", "close": 2268.765625, "volume": 137958, "typical_volume": 294266.0, "trend": 2408.856055, "fair_value": 3066.953147, "relative_strength": -24.902618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.620628, "energy": 38.75067, "activity_lines": [ 2275.761849, 2291.207959, 2344.153173, 2376.191037 ] }, { "date": "2025-07-25", "close": 2168.820068, "volume": 510466, "typical_volume": 308221.45, "trend": 2400.860409, "fair_value": 3054.812317, "relative_strength": -27.980999, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.755735, "energy": 50.504157, "activity_lines": [ 2239.448291, 2266.130708, 2323.117006, 2360.704845 ] }, { "date": "2025-08-01", "close": 2183.811768, "volume": 232509, "typical_volume": 291208.4, "trend": 2392.365031, "fair_value": 3042.671485, "relative_strength": -25.185187, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.505486, "energy": 61.124675, "activity_lines": [ 2216.460758, 2247.322745, 2304.960211, 2346.701706 ] }, { "date": "2025-08-08", "close": 2118.847168, "volume": 425953, "typical_volume": 295041.15, "trend": 2380.704704, "fair_value": 3030.434553, "relative_strength": -28.855201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.915951, "energy": 67.776661, "activity_lines": [ 2177.148796, 2219.883128, 2281.925123, 2329.055393 ] }, { "date": "2025-08-15", "close": 2088.863525, "volume": 172402, "typical_volume": 296157.95, "trend": 2366.545744, "fair_value": 3018.165587, "relative_strength": -29.758583, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.789991, "energy": 72.790188, "activity_lines": [ 2138.503157, 2190.262886, 2257.319466, 2310.22693 ] }, { "date": "2025-08-22", "close": 2068.874268, "volume": 164071, "typical_volume": 233950.75, "trend": 2354.052539, "fair_value": 3005.832552, "relative_strength": -28.740904, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.224474, "energy": 72.717685, "activity_lines": [ 2106.18737, 2161.369496, 2232.309254, 2291.022318 ] }, { "date": "2025-08-29", "close": 2078.868896, "volume": 49896, "typical_volume": 204900.65, "trend": 2343.225098, "fair_value": 2993.051044, "relative_strength": -28.341484, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.650071, "energy": 69.923085, "activity_lines": [ 2090.529215, 2139.018013, 2211.082704, 2273.268535 ] }, { "date": "2025-09-05", "close": 2063.877197, "volume": 105329, "typical_volume": 205614.3, "trend": 2330.565324, "fair_value": 2980.205469, "relative_strength": -28.690362, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.226395, "energy": 63.50952, "activity_lines": [ 2075.870573, 2117.847732, 2190.950811, 2255.24609 ] }, { "date": "2025-09-12", "close": 2023.898804, "volume": 152388, "typical_volume": 205918.3, "trend": 2317.405815, "fair_value": 2966.943454, "relative_strength": -33.374236, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.830312, "energy": 58.906223, "activity_lines": [ 2055.881437, 2093.043035, 2169.17694, 2235.461153 ] }, { "date": "2025-09-19", "close": 2033.893433, "volume": 96361, "typical_volume": 195895.05, "trend": 2303.580005, "fair_value": 2953.489236, "relative_strength": -33.427494, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.256155, "energy": 51.897501, "activity_lines": [ 2045.553735, 2074.689389, 2150.377648, 2217.170031 ] }, { "date": "2025-09-26", "close": 2008.906982, "volume": 46894, "typical_volume": 180204.05, "trend": 2287.755282, "fair_value": 2939.426374, "relative_strength": -32.587477, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.437921, "energy": 52.797231, "activity_lines": [ 2030.56189, 2056.335735, 2130.959639, 2198.158869 ] }, { "date": "2025-10-03", "close": 2043.887939, "volume": 73478, "typical_volume": 178890.55, "trend": 2273.429744, "fair_value": 2926.516731, "relative_strength": -33.986284, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.691367, "energy": 84.265956, "activity_lines": [ 2031.228182, 2049.066959, 2116.538912, 2182.425492 ] }, { "date": "2025-10-10", "close": 1993.915161, "volume": 5809, "typical_volume": 163293.5, "trend": 2257.938171, "fair_value": 2912.934379, "relative_strength": -36.123476, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.717205, "energy": 85.293699, "activity_lines": [ 2017.568945, 2034.983716, 2098.881853, 2164.392293 ] }, { "date": "2025-10-17", "close": 1988.917847, "volume": 74157, "typical_volume": 158228.45, "trend": 2244.612085, "fair_value": 2899.223888, "relative_strength": -38.032108, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.581202, "energy": 75.581762, "activity_lines": [ 2006.908073, 2023.444536, 2082.48601, 2147.036143 ] }, { "date": "2025-10-24", "close": 1921.954346, "volume": 93987, "typical_volume": 161098.15, "trend": 2228.554159, "fair_value": 2885.244316, "relative_strength": -42.38524, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.031759, "energy": 87.587243, "activity_lines": [ 1976.258097, 2002.092525, 2061.188078, 2126.219514 ] }, { "date": "2025-10-31", "close": 1893.969604, "volume": 83550, "typical_volume": 161268.15, "trend": 2202.901453, "fair_value": 2871.533827, "relative_strength": -44.843876, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.563504, "energy": 71.882683, "activity_lines": [ 1943.74248, 1978.687092, 2039.161973, 2104.633414 ] }, { "date": "2025-11-07", "close": 1911.959717, "volume": 87302, "typical_volume": 163017.7, "trend": 2179.68075, "fair_value": 2858.931709, "relative_strength": -41.513931, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -72.250322, "energy": 78.108528, "activity_lines": [ 1924.88606, 1961.732673, 2020.919514, 2085.86298 ] }, { "date": "2025-11-14", "close": 1878.977661, "volume": 79049, "typical_volume": 160904.25, "trend": 2158.359017, "fair_value": 2845.573591, "relative_strength": -42.604581, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -78.498083, "energy": 89.342719, "activity_lines": [ 1903.830835, 1941.816229, 2001.353965, 2066.46278 ] }, { "date": "2025-11-21", "close": 1905.963013, "volume": 130534, "typical_volume": 141973.1, "trend": 2140.26886, "fair_value": 2833.029133, "relative_strength": -38.668115, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.143164, "energy": 75.574447, "activity_lines": [ 1899.433228, 1930.168022, 1986.190787, 2050.179167 ] }, { "date": "2025-11-28", "close": 1855.990234, "volume": 133644, "typical_volume": 142786.85, "trend": 2122.01213, "fair_value": 2819.779932, "relative_strength": -40.614422, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.069839, "energy": 68.6249, "activity_lines": [ 1883.90835, 1911.578143, 1968.04352, 2031.838611 ] }, { "date": "2025-12-05", "close": 1864.985352, "volume": 99663, "typical_volume": 140872.1, "trend": 2105.554415, "fair_value": 2806.652459, "relative_strength": -42.070625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.415226, "energy": 65.3246, "activity_lines": [ 1875.779452, 1897.858343, 1952.789919, 2015.256238 ] }, { "date": "2025-12-12", "close": 1836.001099, "volume": 54001, "typical_volume": 118048.85, "trend": 2087.963989, "fair_value": 2793.146987, "relative_strength": -43.135841, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.15917, "energy": 66.579026, "activity_lines": [ 1859.921419, 1881.485436, 1936.698676, 1997.865701 ] }, { "date": "2025-12-19", "close": 1850.99292, "volume": 131856, "typical_volume": 113016.2, "trend": 2071.03986, "fair_value": 2778.7766, "relative_strength": -39.727416, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.04027, "energy": 62.108649, "activity_lines": [ 1854.124569, 1871.618075, 1923.620078, 1982.577245 ] }, { "date": "2025-12-26", "close": 1838.0, "volume": 40383, "typical_volume": 93737.7, "trend": 2055.681551, "fair_value": 2764.739366, "relative_strength": -40.903998, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.313197, "energy": 60.766603, "activity_lines": [ 1845.862394, 1861.986952, 1910.888911, 1967.542416 ] }, { "date": "2026-01-02", "close": 1833.0, "volume": 42773, "typical_volume": 87256.25, "trend": 2039.157121, "fair_value": 2750.509911, "relative_strength": -42.686548, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.42799, "energy": 60.40954, "activity_lines": [ 1840.464421, 1854.190698, 1899.01892, 1953.175864 ] }, { "date": "2026-01-09", "close": 1780.0, "volume": 155469, "typical_volume": 86826.15, "trend": 2020.866024, "fair_value": 2736.293085, "relative_strength": -46.885009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -81.267004, "energy": 65.490657, "activity_lines": [ 1818.932463, 1838.375433, 1883.319709, 1936.45605 ] }, { "date": "2026-01-16", "close": 1705.0, "volume": 150371, "typical_volume": 91849.9, "trend": 2001.240959, "fair_value": 2721.659557, "relative_strength": -50.966119, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -93.547745, "energy": 93.576947, "activity_lines": [ 1778.066195, 1810.995978, 1861.853231, 1916.077597 ] }, { "date": "2026-01-23", "close": 1719.0, "volume": 51161, "typical_volume": 89141.5, "trend": 1983.082015, "fair_value": 2707.884586, "relative_strength": -51.235029, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -83.813451, "energy": 92.81371, "activity_lines": [ 1750.6, 1789.924882, 1843.500416, 1897.868502 ] }, { "date": "2026-01-30", "close": 1751.0, "volume": 206586, "typical_volume": 91851.4, "trend": 1965.490006, "fair_value": 2694.186606, "relative_strength": -51.740742, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.718857, "energy": 85.292908, "activity_lines": [ 1742.6, 1777.580653, 1829.837491, 1882.895469 ] }, { "date": "2026-02-06", "close": 1680.0, "volume": 61012, "typical_volume": 90083.95, "trend": 1945.364754, "fair_value": 2680.097567, "relative_strength": -51.611307, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.568983, "energy": 90.51982, "activity_lines": [ 1716.733333, 1755.144842, 1810.71218, 1864.476759 ] }, { "date": "2026-02-13", "close": 1609.0, "volume": 1434686, "typical_volume": 159473.55, "trend": 1923.372567, "fair_value": 2665.617468, "relative_strength": -56.384383, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -89.501276, "energy": 75.756564, "activity_lines": [ 1677.4, 1722.999763, 1786.510171, 1842.775807 ] }, { "date": "2026-02-20", "close": 1620.0, "volume": 21970, "typical_volume": 156898.15, "trend": 1905.078564, "fair_value": 2651.271948, "relative_strength": -57.582122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -80.924832, "energy": 72.00444, "activity_lines": [ 1653.133333, 1697.508962, 1765.2601, 1823.203384 ] }, { "date": "2026-02-27", "close": 1568.0, "volume": 134627, "typical_volume": 163339.05, "trend": 1884.551506, "fair_value": 2636.881399, "relative_strength": -60.975201, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -86.165206, "energy": 91.46088, "activity_lines": [ 1617.2, 1666.490909, 1741.076163, 1801.456379 ] }, { "date": "2026-03-06", "close": 1664.0, "volume": 125556, "typical_volume": 165909.0, "trend": 1869.389933, "fair_value": 2623.362507, "relative_strength": -52.755472, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -66.11047, "energy": 66.191663, "activity_lines": [ 1623.333333, 1658.072727, 1728.063249, 1787.22725 ] }, { "date": "2026-03-13", "close": 1708.0, "volume": 41235, "typical_volume": 163271.4, "trend": 1856.694482, "fair_value": 2609.484989, "relative_strength": -49.650402, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.330554, "energy": 53.145593, "activity_lines": [ 1649.933333, 1660.818182, 1720.78804, 1776.814996 ] }, { "date": "2026-03-20", "close": 1693.0, "volume": 63647, "typical_volume": 162276.25, "trend": 1844.16534, "fair_value": 2595.190977, "relative_strength": -51.712644, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -47.845491, "energy": 39.026111, "activity_lines": [ 1669.666667, 1663.109091, 1713.10309, 1766.254062 ] }, { "date": "2026-03-27", "close": 1686.0, "volume": 64758, "typical_volume": 161149.05, "trend": 1831.06971, "fair_value": 2581.684976, "relative_strength": -47.844177, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -40.099667, "energy": 24.732346, "activity_lines": [ 1681.466667, 1665.709091, 1705.708471, 1756.049846 ] }, { "date": "2026-04-03", "close": 1658.0, "volume": 71002, "typical_volume": 160746.7, "trend": 1817.54047, "fair_value": 2567.935419, "relative_strength": -46.794015, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.759873, "energy": 22.441917, "activity_lines": [ 1679.533333, 1663.563636, 1696.723183, 1744.884059 ] }, { "date": "2026-04-10", "close": 1620.0, "volume": 44708, "typical_volume": 156455.4, "trend": 1804.077177, "fair_value": 2554.486848, "relative_strength": -50.992303, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.903223, "energy": 30.615357, "activity_lines": [ 1658.933333, 1655.618182, 1685.171123, 1732.139512 ] }, { "date": "2026-04-17", "close": 1596.0, "volume": 23788, "typical_volume": 150962.6, "trend": 1789.480729, "fair_value": 2540.980531, "relative_strength": -53.106272, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.0014, "energy": 41.544172, "activity_lines": [ 1633.266667, 1645.690909, 1672.695078, 1718.715178 ] }, { "date": "2026-04-24", "close": 1627.0, "volume": 29852, "typical_volume": 147472.05, "trend": 1776.750496, "fair_value": 2527.89717, "relative_strength": -53.124763, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.769148, "energy": 39.655845, "activity_lines": [ 1625.4, 1642.927273, 1664.409462, 1708.232551 ] }, { "date": "2026-05-01", "close": 1632.0, "volume": 15970, "typical_volume": 145570.5, "trend": 1763.020898, "fair_value": 2514.781792, "relative_strength": -52.684597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.437081, "energy": 39.465902, "activity_lines": [ 1623.6, 1640.745455, 1657.7333, 1698.893809 ] }, { "date": "2026-05-08", "close": 1582.0, "volume": 22317, "typical_volume": 140093.55, "trend": 1749.290393, "fair_value": 2501.858442, "relative_strength": -58.560597, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.586506, "energy": 47.633298, "activity_lines": [ 1608.733333, 1629.254545, 1647.266667, 1687.215041 ] }, { "date": "2026-05-15", "close": 1568.0, "volume": 21233, "typical_volume": 139136.05, "trend": 1735.259798, "fair_value": 2489.51806, "relative_strength": -57.800212, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.658133, "energy": 47.488463, "activity_lines": [ 1594.266667, 1614.963636, 1636.747619, 1675.518887 ] }, { "date": "2026-05-22", "close": 1555.0, "volume": 44561, "typical_volume": 139225.45, "trend": 1723.027987, "fair_value": 2476.934176, "relative_strength": -58.906286, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.514901, "energy": 50.238402, "activity_lines": [ 1578.933333, 1600.054545, 1626.27619, 1663.889222 ] }, { "date": "2026-05-29", "close": 1524.0, "volume": 38074, "typical_volume": 133355.7, "trend": 1710.695667, "fair_value": 2464.600048, "relative_strength": -61.684149, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.800007, "energy": 61.349821, "activity_lines": [ 1556.0, 1582.290909, 1614.17619, 1651.048707 ] }, { "date": "2026-06-05", "close": 1528.0, "volume": 8025, "typical_volume": 126238.4, "trend": 1697.897009, "fair_value": 2452.611899, "relative_strength": -59.021793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.15948, "energy": 67.419791, "activity_lines": [ 1541.266667, 1568.327273, 1603.67619, 1639.26189 ] }, { "date": "2026-06-12", "close": 1552.0, "volume": 13606, "typical_volume": 124360.65, "trend": 1686.997754, "fair_value": 2441.514376, "relative_strength": -57.080625, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.769681, "energy": 69.04626, "activity_lines": [ 1541.466667, 1561.6, 1596.304762, 1629.84918 ] }, { "date": "2026-06-19", "close": 1488.0, "volume": 23234, "typical_volume": 115193.05, "trend": 1673.065654, "fair_value": 2429.654223, "relative_strength": -62.098787, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -76.724135, "energy": 75.326326, "activity_lines": [ 1522.333333, 1545.163636, 1583.633333, 1617.010615 ] }, { "date": "2026-06-26", "close": 1516.0, "volume": 1836, "typical_volume": 112234.25, "trend": 1661.732646, "fair_value": 2418.261863, "relative_strength": -57.382642, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -64.620959, "energy": 69.077046, "activity_lines": [ 1517.866667, 1536.218182, 1574.880952, 1606.877347 ] }, { "date": "2026-07-03", "close": 1473.0, "volume": 2316, "typical_volume": 40615.75, "trend": 1648.666467, "fair_value": 2406.561827, "relative_strength": -55.805126, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -77.934091, "energy": 78.793519, "activity_lines": [ 1501.666667, 1520.909091, 1562.814286, 1594.701047 ] }, { "date": "2026-07-10", "close": 1483.0, "volume": 60584, "typical_volume": 42546.45, "trend": 1636.899764, "fair_value": 2394.733691, "relative_strength": -50.661178, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -70.255889, "energy": 75.566825, "activity_lines": [ 1492.2, 1510.218182, 1552.347619, 1584.012888 ] }, { "date": "2026-07-17", "close": 1489.0, "volume": 64186, "typical_volume": 39024.4, "trend": 1624.833333, "fair_value": 2383.072151, "relative_strength": -44.389567, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.392522, "energy": 65.63439, "activity_lines": [ 1487.733333, 1503.327273, 1543.104762, 1574.470968 ] }, { "date": "2026-07-24", "close": 1491.0, "volume": 46399, "typical_volume": 35066.55, "trend": 1613.266667, "fair_value": 2371.551568, "relative_strength": -41.936772, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -62.568836, "energy": 53.624927, "activity_lines": [ 1488.133333, 1498.490909, 1534.428571, 1565.836559 ] }, { "date": "2026-07-31", "close": 1478.0, "volume": 66406, "typical_volume": 36325.1, "trend": 1601.433333, "fair_value": 2359.947652, "relative_strength": -40.185982, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -63.975145, "energy": 50.808121, "activity_lines": [ 1484.0, 1492.690909, 1525.338095, 1557.109677 ] }, { "date": "2026-08-07", "close": 1464.0, "volume": 32523, "typical_volume": 34768.9, "trend": 1590.9, "fair_value": 2348.446195, "relative_strength": -36.169146, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.605926, "energy": 51.644279, "activity_lines": [ 1477.733333, 1485.745455, 1516.009524, 1548.243011 ] } ], "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." } } }