{
  "ticker": {
    "uuid": "14a0d4db-444f-45c2-a191-c124c5f2f40b",
    "symbol": "KDDL",
    "name": "KDDL Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 88.507,
    "architecture_energy": 67.935,
    "architecture_maturity": 44.981,
    "architecture_confidence": 80.704,
    "architecture_tenure": "Developing",
    "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": 7.36,
        "rotation_up": 71.05,
        "upward_expansion": 83.72,
        "deceleration": 61.29,
        "rotation_down": 16.57,
        "downward_expansion": 10.39
      },
      "activity_lines": [
        3430.526627,
        3299.589058,
        3040.0595,
        2854.911376
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 3843.899902,
    "trend_reference": 2641.899984,
    "distance_from_trend": 0.454976,
    "trend_direction": "Improving",
    "fair_value": 2645.521207,
    "distance_from_fair_value": 0.452984,
    "fair_value_direction": "Improving",
    "relative_strength": 50.392519,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.544603,
    "excess_performance": 0.588312,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.454976,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.108627,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.452984,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.473411,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.503925,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.477029,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.544603,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.598732,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 816173,
      "relative_activity": 4.837862,
      "balance": 4.598732,
      "dry_up": 1.510636,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.078618,
      "annualized_volatility": 0.497533,
      "from_high_reference": -0.074985,
      "from_low_reference": 0.931608
    },
    "levels": {
      "trend_reference": 2641.899984,
      "fair_value_reference": 2645.521207,
      "structural_low": 1990.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 30,
        "median_return": 0.052291,
        "positive_rate": 0.7,
        "directional_follow_through": 0.7,
        "median_excess_return": 0.039696,
        "regime_survival": 0.8,
        "best_return": 0.359638,
        "worst_return": -0.216579,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.059338,
        "positive_rate": 0.727273,
        "directional_follow_through": 0.727273,
        "median_excess_return": 0.036186,
        "regime_survival": 0.545455,
        "best_return": 1.154067,
        "worst_return": -0.387202,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.035304,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.013071,
        "regime_survival": 0.333333,
        "best_return": 2.003807,
        "worst_return": -0.306384,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 1.083489,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 1.049658,
        "regime_survival": 0.333333,
        "best_return": 1.160526,
        "worst_return": 0.118681,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-04-19",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.312952,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-12",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": -0.041433,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-13",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.303237,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-01",
        "end": "2024-11-22",
        "tenure": "New",
        "return": 0.014475,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-29",
        "end": "2024-12-13",
        "tenure": "New",
        "return": 0.058247,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-20",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": -0.206759,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-31",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": 0.215894,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-21",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.207835,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-18",
        "end": "2025-08-22",
        "tenure": "Established",
        "return": -0.152794,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-29",
        "end": "2026-02-27",
        "tenure": "Extended",
        "return": 0.029296,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-06",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.142172,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.091577,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": 0.106685,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.323338,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1919.001099,
        "volume": 302031,
        "typical_volume": 215506.25,
        "trend": 1242.521702,
        "fair_value": 710.609065,
        "relative_strength": 60.283818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.473242,
        "energy": 94.501168,
        "activity_lines": [
          1744.34576,
          1615.858017,
          1459.534655,
          1357.486659
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1872.450439,
        "volume": 146779,
        "typical_volume": 219600.55,
        "trend": 1270.848669,
        "fair_value": 721.650942,
        "relative_strength": 54.520007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.391356,
        "energy": 90.587427,
        "activity_lines": [
          1814.547192,
          1678.978478,
          1510.718176,
          1398.127223
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1870.276123,
        "volume": 188033,
        "typical_volume": 227363.9,
        "trend": 1298.75955,
        "fair_value": 732.691583,
        "relative_strength": 50.967559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.014353,
        "energy": 88.526332,
        "activity_lines": [
          1855.052466,
          1732.071837,
          1557.861525,
          1436.799962
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1861.578857,
        "volume": 109330,
        "typical_volume": 226597.95,
        "trend": 1324.082117,
        "fair_value": 743.684217,
        "relative_strength": 45.458445,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.869997,
        "energy": 83.314348,
        "activity_lines": [
          1871.228247,
          1774.003316,
          1600.373591,
          1473.110885
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1963.278442,
        "volume": 153181,
        "typical_volume": 230559.65,
        "trend": 1351.045386,
        "fair_value": 755.099827,
        "relative_strength": 48.493944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.289343,
        "energy": 68.842932,
        "activity_lines": [
          1902.495866,
          1825.155941,
          1648.832835,
          1514.349358
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1988.194458,
        "volume": 234479,
        "typical_volume": 233589.45,
        "trend": 1380.961678,
        "fair_value": 766.901312,
        "relative_strength": 52.051922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.985873,
        "energy": 66.315768,
        "activity_lines": [
          1932.788354,
          1871.561878,
          1695.595682,
          1555.455749
        ]
      },
      {
        "date": "2023-09-29",
        "close": 2013.91626,
        "volume": 77043,
        "typical_volume": 233100.85,
        "trend": 1412.736601,
        "fair_value": 778.856836,
        "relative_strength": 52.162788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.359065,
        "energy": 64.438577,
        "activity_lines": [
          1967.041886,
          1912.910125,
          1740.776239,
          1596.291529
        ]
      },
      {
        "date": "2023-10-06",
        "close": 2027.172974,
        "volume": 91672,
        "typical_volume": 230301.75,
        "trend": 1445.272359,
        "fair_value": 790.823917,
        "relative_strength": 51.257761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.478427,
        "energy": 64.16687,
        "activity_lines": [
          1996.283268,
          1946.19529,
          1783.167235,
          1635.932585
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2109.086914,
        "volume": 123660,
        "typical_volume": 229567.6,
        "trend": 1481.45104,
        "fair_value": 803.336533,
        "relative_strength": 54.583036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.266433,
        "energy": 63.646992,
        "activity_lines": [
          2042.369507,
          1985.676574,
          1828.688504,
          1678.759331
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1959.603882,
        "volume": 158311,
        "typical_volume": 182403.65,
        "trend": 1512.652185,
        "fair_value": 814.875745,
        "relative_strength": 43.423343,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.422384,
        "energy": 53.369514,
        "activity_lines": [
          2022.127531,
          1988.349516,
          1855.216911,
          1709.607901
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2153.605225,
        "volume": 349448,
        "typical_volume": 175101.75,
        "trend": 1550.654435,
        "fair_value": 827.696661,
        "relative_strength": 59.224386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.615116,
        "energy": 55.070374,
        "activity_lines": [
          2066.79764,
          2023.831203,
          1897.021633,
          1750.95971
        ]
      },
      {
        "date": "2023-11-03",
        "close": 2358.043945,
        "volume": 401139,
        "typical_volume": 179813.75,
        "trend": 1593.672538,
        "fair_value": 841.840473,
        "relative_strength": 69.689721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.133889,
        "energy": 60.080577,
        "activity_lines": [
          2168.586605,
          2092.218038,
          1954.58752,
          1803.049356
        ]
      },
      {
        "date": "2023-11-10",
        "close": 2507.873535,
        "volume": 119595,
        "typical_volume": 176681.25,
        "trend": 1641.546594,
        "fair_value": 856.962081,
        "relative_strength": 75.050954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.739392,
        "energy": 67.024868,
        "activity_lines": [
          2297.376921,
          2179.017643,
          2021.587935,
          1862.030066
        ]
      },
      {
        "date": "2023-11-17",
        "close": 2820.145508,
        "volume": 146476,
        "typical_volume": 180139.1,
        "trend": 1699.66829,
        "fair_value": 874.036174,
        "relative_strength": 89.2717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.529081,
        "energy": 93.870423,
        "activity_lines": [
          2498.21119,
          2311.00129,
          2112.783165,
          1938.068705
        ]
      },
      {
        "date": "2023-11-24",
        "close": 2783.689941,
        "volume": 117466,
        "typical_volume": 170710.1,
        "trend": 1755.500802,
        "fair_value": 890.803463,
        "relative_strength": 82.106372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.68867,
        "energy": 91.391881,
        "activity_lines": [
          2639.489697,
          2418.928167,
          2193.514059,
          2008.005586
        ]
      },
      {
        "date": "2023-12-01",
        "close": 2935.003418,
        "volume": 49981,
        "typical_volume": 166895.15,
        "trend": 1815.284989,
        "fair_value": 908.4772,
        "relative_strength": 83.350053,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.123134,
        "energy": 92.753633,
        "activity_lines": [
          2776.26696,
          2539.450013,
          2282.319381,
          2084.102529
        ]
      },
      {
        "date": "2023-12-08",
        "close": 2586.22583,
        "volume": 146207,
        "typical_volume": 170495.85,
        "trend": 1862.726717,
        "fair_value": 923.754706,
        "relative_strength": 53.578241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.031888,
        "energy": 73.33811,
        "activity_lines": [
          2744.691813,
          2579.343044,
          2330.849695,
          2133.840648
        ]
      },
      {
        "date": "2023-12-15",
        "close": 2708.602051,
        "volume": 69488,
        "typical_volume": 165804.5,
        "trend": 1918.138399,
        "fair_value": 939.797467,
        "relative_strength": 54.572526,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.548823,
        "energy": 60.568743,
        "activity_lines": [
          2738.696615,
          2631.080668,
          2385.566572,
          2188.41325
        ]
      },
      {
        "date": "2023-12-22",
        "close": 2652.459473,
        "volume": 66868,
        "typical_volume": 161331.0,
        "trend": 1969.545504,
        "fair_value": 955.500167,
        "relative_strength": 49.669932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.33312,
        "energy": 53.878487,
        "activity_lines": [
          2700.605322,
          2660.220932,
          2429.413766,
          2235.788803
        ]
      },
      {
        "date": "2023-12-29",
        "close": 2811.192627,
        "volume": 49902,
        "typical_volume": 155054.45,
        "trend": 2020.331816,
        "fair_value": 972.12156,
        "relative_strength": 53.2752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.107456,
        "energy": 49.764695,
        "activity_lines": [
          2726.604151,
          2708.342267,
          2483.268874,
          2290.088617
        ]
      },
      {
        "date": "2024-01-05",
        "close": 2804.31665,
        "volume": 69763,
        "typical_volume": 143441.05,
        "trend": 2067.986519,
        "fair_value": 988.494096,
        "relative_strength": 50.568531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.296792,
        "energy": 47.822466,
        "activity_lines": [
          2748.477474,
          2739.729994,
          2531.768551,
          2340.668284
        ]
      },
      {
        "date": "2024-01-12",
        "close": 2757.226563,
        "volume": 39233,
        "typical_volume": 138063.75,
        "trend": 2115.137305,
        "fair_value": 1004.697678,
        "relative_strength": 44.556077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.687523,
        "energy": 44.224358,
        "activity_lines": [
          2763.366553,
          2750.724769,
          2571.567668,
          2385.135384
        ]
      },
      {
        "date": "2024-01-19",
        "close": 2792.000244,
        "volume": 53594,
        "typical_volume": 131341.8,
        "trend": 2163.425802,
        "fair_value": 1021.005514,
        "relative_strength": 45.885827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.001905,
        "energy": 44.924464,
        "activity_lines": [
          2778.44681,
          2760.784166,
          2610.465345,
          2428.80396
        ]
      },
      {
        "date": "2024-01-26",
        "close": 2843.081787,
        "volume": 38778,
        "typical_volume": 127814.2,
        "trend": 2213.136991,
        "fair_value": 1037.752944,
        "relative_strength": 48.018094,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.34578,
        "energy": 45.850417,
        "activity_lines": [
          2804.994368,
          2774.965177,
          2649.838769,
          2472.652734
        ]
      },
      {
        "date": "2024-02-02",
        "close": 2700.821045,
        "volume": 56038,
        "typical_volume": 122957.05,
        "trend": 2254.729346,
        "fair_value": 1053.570168,
        "relative_strength": 35.482991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.531303,
        "energy": 39.525481,
        "activity_lines": [
          2771.413525,
          2762.863574,
          2670.989727,
          2504.116221
        ]
      },
      {
        "date": "2024-02-09",
        "close": 2656.686279,
        "volume": 37695,
        "typical_volume": 113117.85,
        "trend": 2294.858773,
        "fair_value": 1068.999763,
        "relative_strength": 32.028096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.655182,
        "energy": 29.455964,
        "activity_lines": [
          2730.479199,
          2744.244176,
          2684.425266,
          2530.048926
        ]
      },
      {
        "date": "2024-02-16",
        "close": 2540.777832,
        "volume": 76669,
        "typical_volume": 113099.15,
        "trend": 2331.622046,
        "fair_value": 1083.462058,
        "relative_strength": 23.479104,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.414901,
        "energy": 18.698908,
        "activity_lines": [
          2660.750749,
          2709.610826,
          2683.638611,
          2545.914672
        ]
      },
      {
        "date": "2024-02-23",
        "close": 2637.51709,
        "volume": 58739,
        "typical_volume": 111452.5,
        "trend": 2367.911947,
        "fair_value": 1098.555629,
        "relative_strength": 25.730087,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.511546,
        "energy": 19.50237,
        "activity_lines": [
          2637.698633,
          2693.39276,
          2689.556355,
          2565.649836
        ]
      },
      {
        "date": "2024-03-01",
        "close": 2575.451416,
        "volume": 50581,
        "typical_volume": 107798.55,
        "trend": 2401.111711,
        "fair_value": 1113.283562,
        "relative_strength": 20.726418,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.60845,
        "energy": 15.26084,
        "activity_lines": [
          2604.256836,
          2667.18248,
          2686.656681,
          2579.039479
        ]
      },
      {
        "date": "2024-03-08",
        "close": 2399.755615,
        "volume": 76395,
        "typical_volume": 103702.75,
        "trend": 2420.301184,
        "fair_value": 1126.901041,
        "relative_strength": 10.68388,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.03506,
        "energy": 19.060832,
        "activity_lines": [
          2530.091797,
          2610.427654,
          2664.80329,
          2578.951989
        ]
      },
      {
        "date": "2024-03-15",
        "close": 2360.227783,
        "volume": 129047,
        "typical_volume": 92682.7,
        "trend": 2435.00874,
        "fair_value": 1140.326787,
        "relative_strength": 10.145434,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -10.281154,
        "energy": 23.824629,
        "activity_lines": [
          2462.821842,
          2553.966624,
          2637.089383,
          2575.076286
        ]
      },
      {
        "date": "2024-03-22",
        "close": 2449.041504,
        "volume": 60743,
        "typical_volume": 75662.9,
        "trend": 2454.228442,
        "fair_value": 1154.332695,
        "relative_strength": 12.786355,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -19.406038,
        "energy": 33.16705,
        "activity_lines": [
          2444.920361,
          2521.727885,
          2616.850009,
          2575.981626
        ]
      },
      {
        "date": "2024-03-29",
        "close": 2429.376709,
        "volume": 35492,
        "typical_volume": 71457.75,
        "trend": 2472.865129,
        "fair_value": 1168.232694,
        "relative_strength": 9.645449,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.059126,
        "energy": 35.951214,
        "activity_lines": [
          2426.579704,
          2491.517094,
          2594.304476,
          2574.378288
        ]
      },
      {
        "date": "2024-04-05",
        "close": 2437.748047,
        "volume": 56879,
        "typical_volume": 66977.9,
        "trend": 2492.070768,
        "fair_value": 1182.077068,
        "relative_strength": 8.112685,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.037026,
        "energy": 24.625393,
        "activity_lines": [
          2424.905518,
          2469.42152,
          2572.930007,
          2572.11267
        ]
      },
      {
        "date": "2024-04-12",
        "close": 2657.924805,
        "volume": 76991,
        "typical_volume": 64954.15,
        "trend": 2515.225647,
        "fair_value": 1196.851083,
        "relative_strength": 16.551388,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -0.550986,
        "energy": 5.717931,
        "activity_lines": [
          2505.803809,
          2494.727788,
          2574.345694,
          2582.81293
        ]
      },
      {
        "date": "2024-04-19",
        "close": 2498.426514,
        "volume": 89956,
        "typical_volume": 66952.9,
        "trend": 2532.233382,
        "fair_value": 1210.78325,
        "relative_strength": 10.315805,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -5.02904,
        "energy": 5.353621,
        "activity_lines": [
          2516.324724,
          2491.814298,
          2561.169949,
          2581.729115
        ]
      },
      {
        "date": "2024-04-26",
        "close": 2573.123535,
        "volume": 61832,
        "typical_volume": 62734.15,
        "trend": 2550.873625,
        "fair_value": 1225.301335,
        "relative_strength": 11.115066,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.536859,
        "energy": 6.170031,
        "activity_lines": [
          2542.531397,
          2505.359535,
          2557.187143,
          2584.36719
        ]
      },
      {
        "date": "2024-05-03",
        "close": 2530.821533,
        "volume": 38472,
        "typical_volume": 61183.35,
        "trend": 2567.66191,
        "fair_value": 1239.621426,
        "relative_strength": 8.022414,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.774188,
        "energy": 7.636829,
        "activity_lines": [
          2546.365267,
          2510.625395,
          2549.237967,
          2583.073506
        ]
      },
      {
        "date": "2024-05-10",
        "close": 2403.371338,
        "volume": 53484,
        "typical_volume": 60514.15,
        "trend": 2577.471391,
        "fair_value": 1253.159073,
        "relative_strength": 3.669334,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.305328,
        "energy": 18.67669,
        "activity_lines": [
          2500.952751,
          2494.658412,
          2529.997252,
          2572.474115
        ]
      },
      {
        "date": "2024-05-17",
        "close": 2570.002686,
        "volume": 234973,
        "typical_volume": 69767.7,
        "trend": 2597.818018,
        "fair_value": 1267.80601,
        "relative_strength": 7.707809,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.844041,
        "energy": 13.153856,
        "activity_lines": [
          2513.375798,
          2512.116766,
          2527.812322,
          2571.992263
        ]
      },
      {
        "date": "2024-05-24",
        "close": 2488.024658,
        "volume": 50524,
        "typical_volume": 68805.75,
        "trend": 2608.965332,
        "fair_value": 1281.982719,
        "relative_strength": 1.156206,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.77351,
        "energy": 19.972301,
        "activity_lines": [
          2504.33431,
          2511.574623,
          2518.968485,
          2564.90882
        ]
      },
      {
        "date": "2024-05-31",
        "close": 2492.779541,
        "volume": 93359,
        "typical_volume": 71512.05,
        "trend": 2613.456519,
        "fair_value": 1296.070885,
        "relative_strength": 2.510121,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.136689,
        "energy": 20.702455,
        "activity_lines": [
          2497.57124,
          2509.573424,
          2512.083646,
          2557.412963
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2530.078369,
        "volume": 119278,
        "typical_volume": 74796.25,
        "trend": 2614.19668,
        "fair_value": 1309.973868,
        "relative_strength": 0.034908,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.595954,
        "energy": 13.307144,
        "activity_lines": [
          2508.59738,
          2513.558594,
          2510.010348,
          2552.033727
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2656.191162,
        "volume": 81393,
        "typical_volume": 76927.0,
        "trend": 2608.731535,
        "fair_value": 1324.739597,
        "relative_strength": 3.468715,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.520588,
        "energy": 6.494116,
        "activity_lines": [
          2561.710661,
          2538.642423,
          2521.195039,
          2554.743049
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2683.632568,
        "volume": 67788,
        "typical_volume": 77514.5,
        "trend": 2605.396289,
        "fair_value": 1339.74781,
        "relative_strength": 3.610752,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.979285,
        "energy": 15.236071,
        "activity_lines": [
          2607.116422,
          2564.743905,
          2535.883153,
          2559.575373
        ]
      },
      {
        "date": "2024-06-28",
        "close": 3197.94043,
        "volume": 375305,
        "typical_volume": 94395.0,
        "trend": 2614.160856,
        "fair_value": 1358.130752,
        "relative_strength": 19.538659,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 49.475512,
        "energy": 55.011915,
        "activity_lines": [
          2816.382812,
          2683.888494,
          2599.634818,
          2597.804028
        ]
      },
      {
        "date": "2024-07-05",
        "close": 3280.314941,
        "volume": 132350,
        "typical_volume": 97179.05,
        "trend": 2637.29716,
        "fair_value": 1377.110826,
        "relative_strength": 19.804295,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 79.758347,
        "energy": 78.126051,
        "activity_lines": [
          3005.779655,
          2805.291832,
          2668.654274,
          2640.78171
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3329.94751,
        "volume": 217913,
        "typical_volume": 105137.75,
        "trend": 2658.008675,
        "fair_value": 1396.287521,
        "relative_strength": 19.473722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.758597,
        "energy": 85.064957,
        "activity_lines": [
          3159.218327,
          2922.861248,
          2738.879035,
          2685.46883
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3212.057617,
        "volume": 66201,
        "typical_volume": 105918.75,
        "trend": 2676.661947,
        "fair_value": 1414.678992,
        "relative_strength": 13.988984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.743138,
        "energy": 82.199823,
        "activity_lines": [
          3220.035758,
          3004.466575,
          2794.5789,
          2721.213923
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3357.537842,
        "volume": 107415,
        "typical_volume": 107469.75,
        "trend": 2694.873454,
        "fair_value": 1433.899706,
        "relative_strength": 16.59341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.727448,
        "energy": 82.709733,
        "activity_lines": [
          3292.288835,
          3097.819465,
          2861.102567,
          2765.1414
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3377.103516,
        "volume": 53937,
        "typical_volume": 103714.25,
        "trend": 2713.966349,
        "fair_value": 1453.44746,
        "relative_strength": 16.750162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.808923,
        "energy": 76.763639,
        "activity_lines": [
          3326.136784,
          3180.410929,
          2924.928763,
          2809.156243
        ]
      },
      {
        "date": "2024-08-09",
        "close": 3552.650635,
        "volume": 92035,
        "typical_volume": 105278.85,
        "trend": 2740.480485,
        "fair_value": 1473.993013,
        "relative_strength": 23.530412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.598554,
        "energy": 68.032773,
        "activity_lines": [
          3406.556234,
          3278.754981,
          3000.631467,
          2863.264906
        ]
      },
      {
        "date": "2024-08-16",
        "close": 3226.86792,
        "volume": 131434,
        "typical_volume": 110075.95,
        "trend": 2754.976074,
        "fair_value": 1492.359769,
        "relative_strength": 10.828718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.847804,
        "energy": 54.058062,
        "activity_lines": [
          3360.225733,
          3298.595428,
          3040.051965,
          2894.644741
        ]
      },
      {
        "date": "2024-08-23",
        "close": 3252.179932,
        "volume": 239317,
        "typical_volume": 119197.85,
        "trend": 2768.612679,
        "fair_value": 1510.627181,
        "relative_strength": 9.827011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.10468,
        "energy": 46.723287,
        "activity_lines": [
          3329.204541,
          3310.369159,
          3078.085553,
          2926.722409
        ]
      },
      {
        "date": "2024-08-30",
        "close": 3154.436035,
        "volume": 92299,
        "typical_volume": 119963.25,
        "trend": 2783.733179,
        "fair_value": 1528.073635,
        "relative_strength": 4.300174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.477712,
        "energy": 35.395743,
        "activity_lines": [
          3262.92723,
          3293.535112,
          3102.931951,
          2951.614238
        ]
      },
      {
        "date": "2024-09-06",
        "close": 3191.978027,
        "volume": 74220,
        "typical_volume": 119176.45,
        "trend": 2801.576237,
        "fair_value": 1545.910229,
        "relative_strength": 6.580908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.286379,
        "energy": 24.727069,
        "activity_lines": [
          3222.704036,
          3274.966819,
          3128.989438,
          2977.952616
        ]
      },
      {
        "date": "2024-09-13",
        "close": 3457.699219,
        "volume": 304551,
        "typical_volume": 131312.4,
        "trend": 2832.140283,
        "fair_value": 1565.38477,
        "relative_strength": 12.4547,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.788618,
        "energy": 30.26886,
        "activity_lines": [
          3283.396273,
          3304.819878,
          3177.051079,
          3020.283131
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2830.194336,
        "volume": 405724,
        "typical_volume": 149675.0,
        "trend": 2838.562858,
        "fair_value": 1580.880016,
        "relative_strength": -9.628561,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.149006,
        "energy": 13.411984,
        "activity_lines": [
          3141.250309,
          3217.35597,
          3161.138085,
          3020.157586
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2992.959717,
        "volume": 246673,
        "typical_volume": 159334.45,
        "trend": 2852.479801,
        "fair_value": 1597.278401,
        "relative_strength": -6.022976,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.554234,
        "energy": 15.809027,
        "activity_lines": [
          3079.804378,
          3168.57219,
          3159.300971,
          3030.118673
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2945.548584,
        "volume": 67013,
        "typical_volume": 150936.45,
        "trend": 2870.6729,
        "fair_value": 1613.304801,
        "relative_strength": -3.429611,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.851594,
        "energy": 12.167565,
        "activity_lines": [
          3019.836084,
          3115.151802,
          3150.140947,
          3036.123111
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2956.657471,
        "volume": 111941,
        "typical_volume": 154007.3,
        "trend": 2890.55389,
        "fair_value": 1628.993699,
        "relative_strength": -3.048068,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.863035,
        "energy": 17.677724,
        "activity_lines": [
          2977.496582,
          3071.241926,
          3140.250599,
          3041.670503
        ]
      },
      {
        "date": "2024-10-18",
        "close": 2862.331055,
        "volume": 66430,
        "typical_volume": 152660.85,
        "trend": 2904.330208,
        "fair_value": 1644.285922,
        "relative_strength": -5.945478,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -2.407779,
        "energy": 19.804037,
        "activity_lines": [
          2919.402979,
          3017.826265,
          3119.145198,
          3039.849675
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2409.196289,
        "volume": 119107,
        "typical_volume": 152652.3,
        "trend": 2903.657528,
        "fair_value": 1655.93983,
        "relative_strength": -18.459048,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -45.273002,
        "energy": 54.645851,
        "activity_lines": [
          2749.955664,
          2894.573731,
          3053.124335,
          3007.905551
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2627.903076,
        "volume": 81011,
        "typical_volume": 152633.2,
        "trend": 2909.996029,
        "fair_value": 1668.986252,
        "relative_strength": -11.306563,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.808674,
        "energy": 51.551014,
        "activity_lines": [
          2681.477148,
          2825.952823,
          3008.508319,
          2990.114941
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2718.559814,
        "volume": 47482,
        "typical_volume": 151617.9,
        "trend": 2912.017196,
        "fair_value": 1682.649414,
        "relative_strength": -7.412177,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.046454,
        "energy": 51.330616,
        "activity_lines": [
          2667.554655,
          2785.165447,
          2972.660984,
          2977.764217
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2712.410156,
        "volume": 124484,
        "typical_volume": 139076.85,
        "trend": 2919.149984,
        "fair_value": 1695.862867,
        "relative_strength": -4.788896,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.184291,
        "energy": 45.803565,
        "activity_lines": [
          2666.71486,
          2751.184974,
          2936.061647,
          2964.886344
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2665.941162,
        "volume": 46793,
        "typical_volume": 134799.0,
        "trend": 2922.243905,
        "fair_value": 1709.021401,
        "relative_strength": -7.458123,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.644721,
        "energy": 28.604119,
        "activity_lines": [
          2666.668554,
          2717.475009,
          2897.34874,
          2948.550291
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2809.712402,
        "volume": 63559,
        "typical_volume": 127081.3,
        "trend": 2931.540267,
        "fair_value": 1721.765743,
        "relative_strength": -2.932626,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.174871,
        "energy": 16.490593,
        "activity_lines": [
          2727.638655,
          2724.30087,
          2875.253921,
          2941.290194
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2918.272217,
        "volume": 73857,
        "typical_volume": 127464.1,
        "trend": 2948.70363,
        "fair_value": 1734.972475,
        "relative_strength": -1.335346,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -36.722502,
        "energy": 19.019395,
        "activity_lines": [
          2798.094287,
          2751.237278,
          2865.975443,
          2940.434191
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2973.370605,
        "volume": 50104,
        "typical_volume": 124598.55,
        "trend": 2962.149227,
        "fair_value": 1748.377363,
        "relative_strength": 0.25973,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -27.06383,
        "energy": 17.854266,
        "activity_lines": [
          2867.558105,
          2789.549529,
          2863.343408,
          2942.025608
        ]
      },
      {
        "date": "2024-12-20",
        "close": 3045.032959,
        "volume": 56478,
        "typical_volume": 124725.6,
        "trend": 2980.71617,
        "fair_value": 1762.848865,
        "relative_strength": 7.732142,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -12.795655,
        "energy": 18.58924,
        "activity_lines": [
          2943.921989,
          2840.385445,
          2869.365727,
          2947.372946
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2961.021729,
        "volume": 27343,
        "typical_volume": 121491.0,
        "trend": 2996.324243,
        "fair_value": 1776.012305,
        "relative_strength": 3.849709,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -10.165241,
        "energy": 18.492224,
        "activity_lines": [
          2970.107275,
          2874.339764,
          2868.968265,
          2946.102337
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2950.160889,
        "volume": 52858,
        "typical_volume": 117562.2,
        "trend": 3010.326994,
        "fair_value": 1788.77304,
        "relative_strength": 2.747448,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -8.260323,
        "energy": 16.433813,
        "activity_lines": [
          2973.000244,
          2904.525009,
          2870.353718,
          2943.124056
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2775.592285,
        "volume": 36511,
        "typical_volume": 107421.9,
        "trend": 3014.307031,
        "fair_value": 1800.291534,
        "relative_strength": -0.848233,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -22.020551,
        "energy": 14.051762,
        "activity_lines": [
          2908.340446,
          2893.134788,
          2856.431242,
          2927.979881
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2720.741943,
        "volume": 32416,
        "typical_volume": 104427.75,
        "trend": 3015.54401,
        "fair_value": 1811.571236,
        "relative_strength": -1.66348,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.492307,
        "energy": 21.667528,
        "activity_lines": [
          2834.909196,
          2869.086519,
          2839.554389,
          2909.040198
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2415.445068,
        "volume": 40832,
        "typical_volume": 102758.35,
        "trend": 2989.460832,
        "fair_value": 1820.573113,
        "relative_strength": -11.872496,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -74.187815,
        "energy": 62.116865,
        "activity_lines": [
          2676.554232,
          2789.490052,
          2795.666853,
          2870.324137
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2363.272705,
        "volume": 52270,
        "typical_volume": 90144.3,
        "trend": 2958.892757,
        "fair_value": 1828.919128,
        "relative_strength": -14.984949,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.48627,
        "energy": 76.675253,
        "activity_lines": [
          2542.781006,
          2705.807067,
          2750.508296,
          2829.924903
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2276.58374,
        "volume": 64137,
        "typical_volume": 73064.95,
        "trend": 2923.780631,
        "fair_value": 1836.998726,
        "relative_strength": -17.944552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.168763,
        "energy": 83.648819,
        "activity_lines": [
          2419.961393,
          2611.865514,
          2702.305202,
          2785.904967
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2111.685791,
        "volume": 59640,
        "typical_volume": 63713.3,
        "trend": 2887.101571,
        "fair_value": 1844.549115,
        "relative_strength": -21.497273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.632201,
        "energy": 91.594182,
        "activity_lines": [
          2287.080941,
          2497.635764,
          2641.033783,
          2733.511751
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2952.342773,
        "volume": 222224,
        "typical_volume": 71473.85,
        "trend": 2873.595068,
        "fair_value": 1858.30103,
        "relative_strength": 10.201896,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.219835,
        "energy": 43.888271,
        "activity_lines": [
          2478.679915,
          2550.917946,
          2664.021476,
          2737.720861
        ]
      },
      {
        "date": "2025-02-28",
        "close": 2929.480225,
        "volume": 131761,
        "typical_volume": 72464.85,
        "trend": 2858.674292,
        "fair_value": 1871.968785,
        "relative_strength": 12.351146,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.46723,
        "energy": 16.156398,
        "activity_lines": [
          2647.217985,
          2600.425626,
          2684.79943,
          2741.326355
        ]
      },
      {
        "date": "2025-03-07",
        "close": 3019.591553,
        "volume": 126494,
        "typical_volume": 75468.05,
        "trend": 2840.905656,
        "fair_value": 1886.061657,
        "relative_strength": 13.108209,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -7.414913,
        "energy": 16.213734,
        "activity_lines": [
          2811.524154,
          2668.418142,
          2714.288831,
          2751.708114
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2873.489502,
        "volume": 43634,
        "typical_volume": 71694.4,
        "trend": 2829.126375,
        "fair_value": 1898.804222,
        "relative_strength": 8.011113,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 3.691258,
        "energy": 23.443406,
        "activity_lines": [
          2883.375049,
          2708.781743,
          2729.114891,
          2753.810297
        ]
      },
      {
        "date": "2025-03-21",
        "close": 3257.143799,
        "volume": 86752,
        "typical_volume": 71981.45,
        "trend": 2829.291838,
        "fair_value": 1913.798759,
        "relative_strength": 16.892013,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.596777,
        "energy": 36.143692,
        "activity_lines": [
          3043.316992,
          2820.294696,
          2778.268536,
          2781.424325
        ]
      },
      {
        "date": "2025-03-28",
        "close": 3240.728516,
        "volume": 99570,
        "typical_volume": 74585.85,
        "trend": 2832.168254,
        "fair_value": 1928.015915,
        "relative_strength": 14.930691,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.775066,
        "energy": 53.205799,
        "activity_lines": [
          3121.423308,
          2920.067569,
          2822.862436,
          2807.968627
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2805.645752,
        "volume": 54420,
        "typical_volume": 71082.65,
        "trend": 2819.290511,
        "fair_value": 1939.695546,
        "relative_strength": 1.939506,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.010882,
        "energy": 32.955765,
        "activity_lines": [
          3035.276319,
          2931.280185,
          2823.533365,
          2806.257497
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2580.194336,
        "volume": 82556,
        "typical_volume": 72870.8,
        "trend": 2790.040348,
        "fair_value": 1949.38513,
        "relative_strength": -5.864917,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 22.674321,
        "energy": 16.210074,
        "activity_lines": [
          2882.234489,
          2894.407076,
          2802.288751,
          2790.831938
        ]
      },
      {
        "date": "2025-04-18",
        "close": 2893.2771,
        "volume": 40616,
        "typical_volume": 71723.65,
        "trend": 2792.143107,
        "fair_value": 1961.44247,
        "relative_strength": 0.892465,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.34308,
        "energy": 13.973639,
        "activity_lines": [
          2862.846729,
          2910.514076,
          2811.269861,
          2797.492373
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2783.675781,
        "volume": 68310,
        "typical_volume": 71446.3,
        "trend": 2785.166976,
        "fair_value": 1973.365402,
        "relative_strength": -3.703229,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.70968,
        "energy": 17.424029,
        "activity_lines": [
          2805.606022,
          2895.480957,
          2809.414824,
          2796.946094
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2592.741455,
        "volume": 36828,
        "typical_volume": 70782.5,
        "trend": 2773.406738,
        "fair_value": 1984.295381,
        "relative_strength": -11.353942,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.432764,
        "energy": 14.148384,
        "activity_lines": [
          2716.285075,
          2833.514506,
          2790.0165,
          2784.531545
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2503.07666,
        "volume": 63575,
        "typical_volume": 71137.35,
        "trend": 2758.287378,
        "fair_value": 1994.974215,
        "relative_strength": -13.146747,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.812861,
        "energy": 23.881904,
        "activity_lines": [
          2640.275,
          2761.783572,
          2763.891192,
          2767.090894
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2715.832275,
        "volume": 64839,
        "typical_volume": 73012.15,
        "trend": 2753.404085,
        "fair_value": 2007.110144,
        "relative_strength": -9.490527,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.497672,
        "energy": 18.599068,
        "activity_lines": [
          2655.354736,
          2736.488268,
          2760.609068,
          2764.351855
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2658.502197,
        "volume": 118008,
        "typical_volume": 76269.65,
        "trend": 2761.714282,
        "fair_value": 2019.698205,
        "relative_strength": -10.7869,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -48.729079,
        "energy": 33.252401,
        "activity_lines": [
          2642.281917,
          2706.29221,
          2753.034505,
          2758.229153
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2643.426025,
        "volume": 43859,
        "typical_volume": 76637.05,
        "trend": 2762.231714,
        "fair_value": 2032.355062,
        "relative_strength": -10.87078,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -48.503859,
        "energy": 29.692807,
        "activity_lines": [
          2639.835368,
          2677.263889,
          2745.412967,
          2750.597653
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2625.274658,
        "volume": 53828,
        "typical_volume": 77707.65,
        "trend": 2759.122209,
        "fair_value": 2044.660799,
        "relative_strength": -12.325041,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.008052,
        "energy": 26.391847,
        "activity_lines": [
          2640.688346,
          2656.093825,
          2736.692091,
          2741.761713
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2473.61792,
        "volume": 93064,
        "typical_volume": 80319.25,
        "trend": 2751.162467,
        "fair_value": 2056.521576,
        "relative_strength": -16.262729,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -59.952705,
        "energy": 40.725595,
        "activity_lines": [
          2588.820198,
          2618.539879,
          2713.982322,
          2723.342082
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2714.740967,
        "volume": 589874,
        "typical_volume": 107199.45,
        "trend": 2752.789128,
        "fair_value": 2069.564363,
        "relative_strength": -9.452617,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.342891,
        "energy": 24.427365,
        "activity_lines": [
          2619.290316,
          2630.863357,
          2713.959639,
          2720.992308
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2631.424072,
        "volume": 121051,
        "typical_volume": 110045.15,
        "trend": 2746.846183,
        "fair_value": 2082.276636,
        "relative_strength": -13.605078,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.792895,
        "energy": 22.861381,
        "activity_lines": [
          2622.060889,
          2625.592005,
          2704.328355,
          2713.162304
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2797.065918,
        "volume": 143906,
        "typical_volume": 114258.45,
        "trend": 2742.805973,
        "fair_value": 2095.940424,
        "relative_strength": -7.153253,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -24.210261,
        "energy": 10.90114,
        "activity_lines": [
          2681.850618,
          2655.198318,
          2708.782769,
          2716.402287
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2683.794922,
        "volume": 82790,
        "typical_volume": 107286.75,
        "trend": 2733.15345,
        "fair_value": 2108.946496,
        "relative_strength": -9.381087,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -28.478249,
        "energy": 15.310868,
        "activity_lines": [
          2693.64069,
          2663.966446,
          2699.185755,
          2712.595122
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2715.435303,
        "volume": 82624,
        "typical_volume": 104829.9,
        "trend": 2722.166862,
        "fair_value": 2121.794262,
        "relative_strength": -7.310639,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -24.304682,
        "energy": 13.219277,
        "activity_lines": [
          2712.076205,
          2676.831854,
          2693.880909,
          2711.452016
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2848.543945,
        "volume": 133320,
        "typical_volume": 105171.2,
        "trend": 2718.417602,
        "fair_value": 2135.049706,
        "relative_strength": -1.923048,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 27.37945,
        "energy": 18.911368,
        "activity_lines": [
          2758.760107,
          2710.037766,
          2702.272339,
          2719.605376
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2598.39502,
        "volume": 107747,
        "typical_volume": 108376.85,
        "trend": 2706.692074,
        "fair_value": 2146.780727,
        "relative_strength": -9.085221,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 3.945439,
        "energy": 3.759672,
        "activity_lines": [
          2713.140837,
          2695.349117,
          2687.654574,
          2711.861984
        ]
      },
      {
        "date": "2025-08-08",
        "close": 2589.170654,
        "volume": 48008,
        "typical_volume": 106439.65,
        "trend": 2700.478019,
        "fair_value": 2158.470579,
        "relative_strength": -8.056052,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.3951,
        "energy": 5.806526,
        "activity_lines": [
          2666.648714,
          2680.076167,
          2673.468271,
          2704.279957
        ]
      },
      {
        "date": "2025-08-15",
        "close": 2570.325195,
        "volume": 54707,
        "typical_volume": 104196.5,
        "trend": 2695.464128,
        "fair_value": 2169.924607,
        "relative_strength": -9.308929,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.296943,
        "energy": 18.134877,
        "activity_lines": [
          2627.734456,
          2662.363232,
          2660.667987,
          2695.883
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2451.201904,
        "volume": 127015,
        "typical_volume": 107826.25,
        "trend": 2696.656022,
        "fair_value": 2179.948542,
        "relative_strength": -13.875359,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -61.098329,
        "energy": 50.53813,
        "activity_lines": [
          2556.677083,
          2623.990598,
          2639.715025,
          2680.124147
        ]
      },
      {
        "date": "2025-08-29",
        "close": 2365.306152,
        "volume": 38203,
        "typical_volume": 105608.6,
        "trend": 2696.723804,
        "fair_value": 2189.228693,
        "relative_strength": -14.982918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.739607,
        "energy": 63.921113,
        "activity_lines": [
          2474.603353,
          2570.408119,
          2612.269343,
          2658.746736
        ]
      },
      {
        "date": "2025-09-05",
        "close": 2368.381104,
        "volume": 74810,
        "typical_volume": 107318.3,
        "trend": 2699.783716,
        "fair_value": 2198.599142,
        "relative_strength": -15.486526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.902228,
        "energy": 66.194191,
        "activity_lines": [
          2425.770459,
          2523.738081,
          2586.13979,
          2637.563336
        ]
      },
      {
        "date": "2025-09-12",
        "close": 2402.075684,
        "volume": 61261,
        "typical_volume": 106965.85,
        "trend": 2709.463379,
        "fair_value": 2208.360765,
        "relative_strength": -14.969435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.074407,
        "energy": 65.395073,
        "activity_lines": [
          2403.503353,
          2487.976931,
          2565.71875,
          2618.356367
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2608.021973,
        "volume": 133487,
        "typical_volume": 111798.8,
        "trend": 2697.986019,
        "fair_value": 2219.541518,
        "relative_strength": -8.349833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.362516,
        "energy": 47.353312,
        "activity_lines": [
          2462.358008,
          2496.842201,
          2566.728785,
          2611.81176
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2647.97876,
        "volume": 74565,
        "typical_volume": 112348.3,
        "trend": 2688.602637,
        "fair_value": 2230.599951,
        "relative_strength": -4.294599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.658198,
        "energy": 19.592534,
        "activity_lines": [
          2532.018474,
          2514.350031,
          2571.471465,
          2608.585485
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2656.12915,
        "volume": 33220,
        "typical_volume": 110767.35,
        "trend": 2676.487223,
        "fair_value": 2240.776676,
        "relative_strength": -4.74332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.902099,
        "energy": 16.775378,
        "activity_lines": [
          2591.277279,
          2534.566233,
          2576.300362,
          2606.490421
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2673.026367,
        "volume": 50581,
        "typical_volume": 107396.0,
        "trend": 2669.805119,
        "fair_value": 2251.225807,
        "relative_strength": -5.4135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.350221,
        "energy": 21.104145,
        "activity_lines": [
          2636.78029,
          2561.353107,
          2583.022818,
          2606.26714
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2496.600342,
        "volume": 46693,
        "typical_volume": 107537.7,
        "trend": 2644.45367,
        "fair_value": 2260.828235,
        "relative_strength": -12.84427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.205854,
        "energy": 20.731076,
        "activity_lines": [
          2603.164941,
          2554.705589,
          2572.873633,
          2595.092638
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2487.55542,
        "volume": 65189,
        "typical_volume": 108105.75,
        "trend": 2619.3479,
        "fair_value": 2270.384381,
        "relative_strength": -13.399398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.494631,
        "energy": 15.639835,
        "activity_lines": [
          2560.232975,
          2548.096635,
          2562.562197,
          2584.970171
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2486.660889,
        "volume": 41971,
        "typical_volume": 105551.1,
        "trend": 2608.715072,
        "fair_value": 2279.633802,
        "relative_strength": -13.012665,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.351802,
        "energy": 25.453708,
        "activity_lines": [
          2525.033936,
          2542.829945,
          2552.821373,
          2576.409718
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2542.620361,
        "volume": 63521,
        "typical_volume": 79233.45,
        "trend": 2607.462606,
        "fair_value": 2289.865417,
        "relative_strength": -10.053522,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.05712,
        "energy": 28.329209,
        "activity_lines": [
          2519.242578,
          2547.092995,
          2548.347913,
          2572.145544
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2443.300049,
        "volume": 60581,
        "typical_volume": 76209.95,
        "trend": 2592.463371,
        "fair_value": 2299.499885,
        "relative_strength": -14.650322,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.973689,
        "energy": 41.732684,
        "activity_lines": [
          2487.911703,
          2530.073913,
          2535.234998,
          2561.554411
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2521.800049,
        "volume": 142265,
        "typical_volume": 76127.9,
        "trend": 2583.73418,
        "fair_value": 2309.531959,
        "relative_strength": -12.216692,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.874802,
        "energy": 32.346336,
        "activity_lines": [
          2498.062581,
          2525.965394,
          2530.494102,
          2556.995487
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2496.5,
        "volume": 66658,
        "typical_volume": 75321.3,
        "trend": 2580.526131,
        "fair_value": 2319.13153,
        "relative_strength": -13.224025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.362,
        "energy": 24.401542,
        "activity_lines": [
          2498.10013,
          2515.08006,
          2524.654468,
          2551.367475
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2347.699951,
        "volume": 66130,
        "typical_volume": 74496.6,
        "trend": 2575.346908,
        "fair_value": 2327.734256,
        "relative_strength": -17.933632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.824198,
        "energy": 43.616303,
        "activity_lines": [
          2447.941357,
          2479.167844,
          2505.535281,
          2536.346431
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2307.100098,
        "volume": 68615,
        "typical_volume": 71261.35,
        "trend": 2561.722502,
        "fair_value": 2336.029934,
        "relative_strength": -18.469218,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.478814,
        "energy": 51.615529,
        "activity_lines": [
          2393.513363,
          2441.333452,
          2484.300562,
          2519.040186
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2297.5,
        "volume": 34830,
        "typical_volume": 67615.5,
        "trend": 2549.689095,
        "fair_value": 2344.540403,
        "relative_strength": -17.966838,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.874186,
        "energy": 66.756519,
        "activity_lines": [
          2351.586686,
          2408.099569,
          2464.729851,
          2501.993573
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2387.5,
        "volume": 66441,
        "typical_volume": 68537.15,
        "trend": 2541.158228,
        "fair_value": 2353.208874,
        "relative_strength": -14.503871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.715567,
        "energy": 62.106974,
        "activity_lines": [
          2349.380013,
          2398.057076,
          2455.163403,
          2491.52976
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2410.0,
        "volume": 55274,
        "typical_volume": 68565.5,
        "trend": 2533.982406,
        "fair_value": 2362.135079,
        "relative_strength": -14.153578,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.525996,
        "energy": 46.747557,
        "activity_lines": [
          2363.626676,
          2394.089134,
          2448.700149,
          2483.067939
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2347.300049,
        "volume": 74544,
        "typical_volume": 65941.95,
        "trend": 2529.77181,
        "fair_value": 2370.648928,
        "relative_strength": -13.865977,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.698635,
        "energy": 33.724791,
        "activity_lines": [
          2362.740023,
          2380.131299,
          2437.028924,
          2471.023916
        ]
      },
      {
        "date": "2026-01-16",
        "close": 2177.0,
        "volume": 48837,
        "typical_volume": 66473.65,
        "trend": 2511.847111,
        "fair_value": 2378.063838,
        "relative_strength": -19.675903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.428652,
        "energy": 42.859996,
        "activity_lines": [
          2305.113346,
          2337.743652,
          2409.633417,
          2448.264444
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2118.300049,
        "volume": 56696,
        "typical_volume": 65567.95,
        "trend": 2494.742977,
        "fair_value": 2385.08729,
        "relative_strength": -19.533104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.875752,
        "energy": 58.656436,
        "activity_lines": [
          2236.593359,
          2291.33093,
          2377.544135,
          2422.874311
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2312.399902,
        "volume": 65185,
        "typical_volume": 65764.15,
        "trend": 2478.587443,
        "fair_value": 2393.288894,
        "relative_strength": -12.95692,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.470837,
        "energy": 48.59037,
        "activity_lines": [
          2244.719987,
          2286.118182,
          2365.131415,
          2411.110242
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2488.600098,
        "volume": 81826,
        "typical_volume": 63181.1,
        "trend": 2472.080949,
        "fair_value": 2402.177986,
        "relative_strength": -7.688338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.034857,
        "energy": 27.473483,
        "activity_lines": [
          2316.586686,
          2316.749108,
          2369.926694,
          2411.75622
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2299.199951,
        "volume": 103866,
        "typical_volume": 64646.15,
        "trend": 2458.206437,
        "fair_value": 2409.516573,
        "relative_strength": -13.939725,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.169026,
        "energy": 22.180599,
        "activity_lines": [
          2320.079997,
          2313.087278,
          2357.252539,
          2400.602607
        ]
      },
      {
        "date": "2026-02-20",
        "close": 2485.199951,
        "volume": 155766,
        "typical_volume": 70773.45,
        "trend": 2446.094971,
        "fair_value": 2418.455638,
        "relative_strength": -6.78955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.873235,
        "energy": 15.003955,
        "activity_lines": [
          2388.77998,
          2344.125448,
          2363.953521,
          2402.344124
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2434.600098,
        "volume": 93835,
        "typical_volume": 72936.15,
        "trend": 2440.63514,
        "fair_value": 2427.262892,
        "relative_strength": -6.648641,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.080507,
        "energy": 17.92093,
        "activity_lines": [
          2420.066683,
          2362.725466,
          2366.649419,
          2401.602519
        ]
      },
      {
        "date": "2026-03-06",
        "close": 2420.300049,
        "volume": 61542,
        "typical_volume": 73678.6,
        "trend": 2435.00612,
        "fair_value": 2436.039814,
        "relative_strength": -3.809688,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.054997,
        "energy": 12.226922,
        "activity_lines": [
          2425.500033,
          2376.232746,
          2369.11877,
          2400.290578
        ]
      },
      {
        "date": "2026-03-13",
        "close": 2209.699951,
        "volume": 95853,
        "typical_volume": 75211.8,
        "trend": 2422.985278,
        "fair_value": 2443.642208,
        "relative_strength": -6.677816,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.225663,
        "energy": 17.770293,
        "activity_lines": [
          2353.540007,
          2350.852734,
          2351.894303,
          2385.754696
        ]
      },
      {
        "date": "2026-03-20",
        "close": 2195.399902,
        "volume": 114854,
        "typical_volume": 78855.95,
        "trend": 2414.458545,
        "fair_value": 2451.153941,
        "relative_strength": -6.351176,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.250772,
        "energy": 30.104508,
        "activity_lines": [
          2295.406641,
          2326.514533,
          2334.631049,
          2371.071768
        ]
      },
      {
        "date": "2026-03-27",
        "close": 2076.199951,
        "volume": 101336,
        "typical_volume": 80746.7,
        "trend": 2404.821672,
        "fair_value": 2457.965878,
        "relative_strength": -9.488034,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.435327,
        "energy": 54.65581,
        "activity_lines": [
          2204.459961,
          2283.265434,
          2307.402375,
          2349.248633
        ]
      },
      {
        "date": "2026-04-03",
        "close": 2218.899902,
        "volume": 60253,
        "typical_volume": 80730.3,
        "trend": 2399.838965,
        "fair_value": 2465.346641,
        "relative_strength": -2.350133,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.351279,
        "energy": 52.658048,
        "activity_lines": [
          2188.346598,
          2267.794509,
          2295.985222,
          2337.25368
        ]
      },
      {
        "date": "2026-04-10",
        "close": 2365.399902,
        "volume": 64666,
        "typical_volume": 76850.35,
        "trend": 2398.616439,
        "fair_value": 2473.639898,
        "relative_strength": -1.413885,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.590081,
        "energy": 39.238913,
        "activity_lines": [
          2235.446582,
          2277.130859,
          2299.589023,
          2335.031805
        ]
      },
      {
        "date": "2026-04-17",
        "close": 2422.100098,
        "volume": 52508,
        "typical_volume": 76142.85,
        "trend": 2392.419043,
        "fair_value": 2482.265574,
        "relative_strength": 0.115138,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.480941,
        "energy": 12.185921,
        "activity_lines": [
          2305.106641,
          2295.8127,
          2309.337605,
          2336.54688
        ]
      },
      {
        "date": "2026-04-24",
        "close": 2510.199951,
        "volume": 101811,
        "typical_volume": 77926.9,
        "trend": 2387.826416,
        "fair_value": 2491.249455,
        "relative_strength": 5.95539,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.078699,
        "energy": 17.004186,
        "activity_lines": [
          2389.973307,
          2331.721786,
          2327.830934,
          2344.145648
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2370.600098,
        "volume": 96798,
        "typical_volume": 79336.05,
        "trend": 2378.308781,
        "fair_value": 2499.128444,
        "relative_strength": -0.203211,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.353244,
        "energy": 16.807363,
        "activity_lines": [
          2407.32002,
          2338.412717,
          2332.255229,
          2343.034273
        ]
      },
      {
        "date": "2026-05-08",
        "close": 2456.199951,
        "volume": 159150,
        "typical_volume": 85552.05,
        "trend": 2371.081234,
        "fair_value": 2507.418354,
        "relative_strength": 2.689632,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.51792,
        "energy": 19.469804,
        "activity_lines": [
          2433.57334,
          2362.750892,
          2344.529511,
          2348.05951
        ]
      },
      {
        "date": "2026-05-15",
        "close": 2247.0,
        "volume": 102699,
        "typical_volume": 87364.95,
        "trend": 2362.761222,
        "fair_value": 2515.115459,
        "relative_strength": -3.687343,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.911046,
        "energy": 6.757356,
        "activity_lines": [
          2374.27334,
          2348.659988,
          2336.124273,
          2340.054269
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2804.5,
        "volume": 1211677,
        "typical_volume": 145185.1,
        "trend": 2373.326042,
        "fair_value": 2525.976059,
        "relative_strength": 19.561924,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 44.765177,
        "energy": 38.743455,
        "activity_lines": [
          2508.7,
          2439.083629,
          2381.483322,
          2368.553545
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2778.0,
        "volume": 231960,
        "typical_volume": 153055.9,
        "trend": 2383.037345,
        "fair_value": 2535.529885,
        "relative_strength": 19.03639,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 69.128872,
        "energy": 59.678087,
        "activity_lines": [
          2608.8,
          2513.874543,
          2422.439989,
          2394.661542
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2904.699951,
        "volume": 29820,
        "typical_volume": 152105.05,
        "trend": 2395.106665,
        "fair_value": 2545.337733,
        "relative_strength": 24.961577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.010318,
        "energy": 70.819798,
        "activity_lines": [
          2733.27998,
          2601.109082,
          2473.412366,
          2428.317194
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2869.300049,
        "volume": 12887,
        "typical_volume": 149914.6,
        "trend": 2409.306665,
        "fair_value": 2555.123612,
        "relative_strength": 21.597063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.61211,
        "energy": 76.562447,
        "activity_lines": [
          2810.353337,
          2666.843639,
          2517.548086,
          2458.910316
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2959.699951,
        "volume": 24109,
        "typical_volume": 147860.8,
        "trend": 2423.903328,
        "fair_value": 2565.484859,
        "relative_strength": 23.031112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.344108,
        "energy": 78.613211,
        "activity_lines": [
          2890.019987,
          2737.189085,
          2566.71713,
          2494.41956
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3170.399902,
        "volume": 0,
        "typical_volume": 143769.5,
        "trend": 2446.366659,
        "fair_value": 2577.142897,
        "relative_strength": 30.822485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.363411,
        "energy": 84.779805,
        "activity_lines": [
          2992.406624,
          2835.038157,
          2632.870455,
          2542.580629
        ]
      },
      {
        "date": "2026-07-03",
        "close": 3244.0,
        "volume": 14743,
        "typical_volume": 139313.35,
        "trend": 2476.243327,
        "fair_value": 2588.623343,
        "relative_strength": 32.074471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.310241,
        "energy": 87.121397,
        "activity_lines": [
          3094.933301,
          2932.663614,
          2702.786648,
          2594.040845
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3251.199951,
        "volume": 90280,
        "typical_volume": 136039.05,
        "trend": 2507.713322,
        "fair_value": 2600.151525,
        "relative_strength": 32.024932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.976607,
        "energy": 85.926576,
        "activity_lines": [
          3168.793294,
          3018.256334,
          2768.889502,
          2644.038046
        ]
      },
      {
        "date": "2026-07-17",
        "close": 3186.800049,
        "volume": 92796,
        "typical_volume": 135987.1,
        "trend": 2537.356657,
        "fair_value": 2611.362554,
        "relative_strength": 28.194173,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.464724,
        "energy": 77.474748,
        "activity_lines": [
          3198.086654,
          3076.129075,
          2825.211413,
          2687.850093
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3135.199951,
        "volume": 48623,
        "typical_volume": 135341.15,
        "trend": 2562.279989,
        "fair_value": 2621.531655,
        "relative_strength": 28.709117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.02116,
        "energy": 61.158638,
        "activity_lines": [
          3189.013314,
          3111.336341,
          2873.037124,
          2726.420629
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3302.0,
        "volume": 61817,
        "typical_volume": 133639.35,
        "trend": 2592.013322,
        "fair_value": 2632.573588,
        "relative_strength": 31.400455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.569753,
        "energy": 58.587327,
        "activity_lines": [
          3223.83999,
          3160.721799,
          2933.34427,
          2774.1445
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3843.899902,
        "volume": 816173,
        "typical_volume": 168705.3,
        "trend": 2641.899984,
        "fair_value": 2645.521207,
        "relative_strength": 50.392519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.507238,
        "energy": 67.935497,
        "activity_lines": [
          3430.526627,
          3299.589058,
          3040.0595,
          2854.911376
        ]
      }
    ],
    "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."
    }
  }
}