{
  "ticker": {
    "uuid": "16285d79-38d1-41c3-82b1-4b5acfe0fa4f",
    "symbol": "QGRP",
    "name": "WISDOMTREE ISSUER ICAV WT US QU",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 64.187,
    "architecture_energy": 34.299,
    "architecture_maturity": 40.335,
    "architecture_confidence": 56.517,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 40.03,
        "rotation_up": 39.7,
        "upward_expansion": 67.9,
        "deceleration": 71.51,
        "rotation_down": 25.53,
        "downward_expansion": 8.23
      },
      "activity_lines": [
        3107.75,
        3094.486364,
        3074.839286,
        2997.166667
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 3222.75,
    "trend_reference": 2904.375,
    "distance_from_trend": 0.109619,
    "trend_direction": "Improving",
    "fair_value": 2539.046363,
    "distance_from_fair_value": 0.269276,
    "fair_value_direction": "Improving",
    "relative_strength": 3.727831,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.202182,
    "excess_performance": 0.150947,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.109619,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.029604,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.269276,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.032812,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.037278,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.032028,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.202182,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.769012,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 23885,
      "relative_activity": 1.264329,
      "balance": 0.769012,
      "dry_up": 1.157124,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.050172,
      "annualized_volatility": 0.204816,
      "from_high_reference": -0.14628,
      "from_low_reference": 0.29039
    },
    "levels": {
      "trend_reference": 2904.375,
      "fair_value_reference": 2539.046363,
      "structural_low": 2497.5,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": -0.011049,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.032589,
        "regime_survival": 0.75,
        "best_return": 0.034674,
        "worst_return": -0.041294,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": -0.060052,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.182484,
        "regime_survival": 0.0,
        "best_return": -0.060052,
        "worst_return": -0.060052,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.119056,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.048195,
        "regime_survival": 0.0,
        "best_return": 0.119056,
        "worst_return": 0.119056,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-24",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.260321,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": -0.074913,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-20",
        "end": "2026-03-06",
        "tenure": "New",
        "return": 0.016968,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-13",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.07711,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.001458,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-05-22",
        "tenure": "New",
        "return": 0.026189,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-29",
        "end": "2026-07-03",
        "tenure": "Developing",
        "return": -0.035073,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.034674,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-04-19",
        "close": 2396.159912,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 2015.25,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 2017.25,
        "volume": 40,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 2060.25,
        "volume": 1769,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 2078.75,
        "volume": 2089,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 2104.75,
        "volume": 8945,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 2054.0,
        "volume": 1358,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2150.25,
        "volume": 471,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2242.0,
        "volume": 1166,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2254.5,
        "volume": 6673,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 2287.5,
        "volume": 6707,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2327.25,
        "volume": 9284,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2299.75,
        "volume": 13712,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 2201.75,
        "volume": 2497,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2132.25,
        "volume": 9146,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 2081.25,
        "volume": 4126,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2087.25,
        "volume": 3343,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2192.25,
        "volume": 3136,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2163.75,
        "volume": 3513,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2143.5,
        "volume": 4102,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2026.0,
        "volume": 5042,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2152.25,
        "volume": 3182,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2159.0,
        "volume": 4341,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2156.25,
        "volume": 2134,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2190.5,
        "volume": 4281,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2238.25,
        "volume": 7026,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 2266.0,
        "volume": 3755,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2301.75,
        "volume": 9729,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2262.0,
        "volume": 14614,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2386.0,
        "volume": 12331,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2381.0,
        "volume": 19953,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2415.5,
        "volume": 16221,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2413.25,
        "volume": 6188,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2503.25,
        "volume": 21983,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2547.0,
        "volume": 30598,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2548.5,
        "volume": 10866,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2550.0,
        "volume": 7653,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2558.5,
        "volume": 20005,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2544.0,
        "volume": 10201,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2613.25,
        "volume": 13026,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2610.25,
        "volume": 8609,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2604.5,
        "volume": 13109,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2564.25,
        "volume": 15279,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2565.5,
        "volume": 8242,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2532.0,
        "volume": 24356,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 2380.5,
        "volume": 13668,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2218.25,
        "volume": 15097,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2188.75,
        "volume": 15332,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2193.5,
        "volume": 9475,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2143.75,
        "volume": 13463,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1959.199951,
        "volume": 22389,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2015.5,
        "volume": 47283,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1963.800049,
        "volume": 15516,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2089.75,
        "volume": 9724,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2178.5,
        "volume": 22122,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2171.25,
        "volume": 15498,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2334.0,
        "volume": 14677,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2239.5,
        "volume": 9879,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2295.0,
        "volume": 6717,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2339.0,
        "volume": 7440,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2331.5,
        "volume": 7191,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2332.5,
        "volume": 6083,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2400.0,
        "volume": 11513,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2430.0,
        "volume": 14289,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2469.5,
        "volume": 36425,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2514.0,
        "volume": 11595,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2559.0,
        "volume": 7033,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2544.25,
        "volume": 33370,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-08",
        "close": 2582.0,
        "volume": 15610,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-15",
        "close": 2590.25,
        "volume": 12503,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2572.5,
        "volume": 9436,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-29",
        "close": 2584.25,
        "volume": 9530,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-05",
        "close": 2605.75,
        "volume": 12580,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-12",
        "close": 2663.25,
        "volume": 10035,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2723.75,
        "volume": 17221,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2718.25,
        "volume": 11688,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2763.75,
        "volume": 20996,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2753.0,
        "volume": 19048,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2721.25,
        "volume": 18141,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-24",
        "close": 3774.949951,
        "volume": 25504,
        "typical_volume": 15489.55,
        "trend": 2473.973332,
        "fair_value": 2359.029498,
        "relative_strength": 38.759041,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 97.418276,
        "energy": 91.488824,
        "activity_lines": [
          3084.299984,
          2904.554537,
          2749.109519,
          2636.794836
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2961.75,
        "volume": 21817,
        "typical_volume": 16220.85,
        "trend": 2507.391667,
        "fair_value": 2366.470492,
        "relative_strength": 7.857115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.56068,
        "energy": 60.082452,
        "activity_lines": [
          3089.469987,
          2936.132719,
          2780.544281,
          2668.264298
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2819.75,
        "volume": 21027,
        "typical_volume": 16968.05,
        "trend": 2534.2,
        "fair_value": 2371.998291,
        "relative_strength": 3.084512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.493327,
        "energy": 53.714536,
        "activity_lines": [
          3031.073324,
          2934.815447,
          2795.454043,
          2688.416449
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2876.0,
        "volume": 24587,
        "typical_volume": 17621.75,
        "trend": 2564.606665,
        "fair_value": 2378.070601,
        "relative_strength": 4.960557,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.684781,
        "energy": 49.306633,
        "activity_lines": [
          2987.693327,
          2939.44363,
          2813.40071,
          2710.468062
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2792.25,
        "volume": 28728,
        "typical_volume": 18343.7,
        "trend": 2588.023332,
        "fair_value": 2383.001308,
        "relative_strength": 3.596937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.837675,
        "energy": 19.627361,
        "activity_lines": [
          2908.196663,
          2923.930904,
          2821.10452,
          2725.154728
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2860.0,
        "volume": 11389,
        "typical_volume": 17091.9,
        "trend": 2610.739998,
        "fair_value": 2388.613057,
        "relative_strength": 4.115493,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.537602,
        "energy": 20.994111,
        "activity_lines": [
          2846.55,
          2918.390905,
          2833.535711,
          2742.70161
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2889.5,
        "volume": 25039,
        "typical_volume": 17764.1,
        "trend": 2634.681665,
        "fair_value": 2394.437324,
        "relative_strength": 5.788699,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.274551,
        "energy": 17.982377,
        "activity_lines": [
          2855.733333,
          2915.737269,
          2846.916901,
          2760.686127
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2820.0,
        "volume": 10475,
        "typical_volume": 17936.2,
        "trend": 2650.881665,
        "fair_value": 2399.328849,
        "relative_strength": 3.53968,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.732287,
        "energy": 16.653822,
        "activity_lines": [
          2846.566667,
          2897.333634,
          2851.890949,
          2772.642148
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2829.0,
        "volume": 10682,
        "typical_volume": 16801.8,
        "trend": 2670.531665,
        "fair_value": 2404.211476,
        "relative_strength": 1.466455,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.325938,
        "energy": 13.785312,
        "activity_lines": [
          2840.383333,
          2879.543635,
          2856.479283,
          2784.133654
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2849.0,
        "volume": 5343,
        "typical_volume": 16288.45,
        "trend": 2688.998332,
        "fair_value": 2409.2091,
        "relative_strength": 2.630157,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.9758,
        "energy": 12.989402,
        "activity_lines": [
          2844.0,
          2864.008181,
          2861.616426,
          2795.64774
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2813.0,
        "volume": 9369,
        "typical_volume": 16131.75,
        "trend": 2704.798332,
        "fair_value": 2413.695665,
        "relative_strength": 0.710314,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.630691,
        "energy": 9.230424,
        "activity_lines": [
          2831.833333,
          2839.604545,
          2862.053569,
          2803.647847
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2860.75,
        "volume": 15881,
        "typical_volume": 16454.0,
        "trend": 2722.439998,
        "fair_value": 2418.60835,
        "relative_strength": 0.843437,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.897798,
        "energy": 8.196744,
        "activity_lines": [
          2838.716667,
          2841.372727,
          2865.977617,
          2813.709245
        ]
      },
      {
        "date": "2026-01-16",
        "close": 2818.0,
        "volume": 25605,
        "typical_volume": 17257.75,
        "trend": 2738.623332,
        "fair_value": 2422.949564,
        "relative_strength": -1.522083,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.966181,
        "energy": 7.183068,
        "activity_lines": [
          2833.266667,
          2837.204545,
          2864.457617,
          2819.874407
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2797.0,
        "volume": 16027,
        "typical_volume": 17430.1,
        "trend": 2751.856665,
        "fair_value": 2426.971611,
        "relative_strength": -1.157882,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.572818,
        "energy": 6.48825,
        "activity_lines": [
          2820.95,
          2829.25,
          2859.824522,
          2823.640643
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2767.0,
        "volume": 31180,
        "typical_volume": 18487.35,
        "trend": 2763.089998,
        "fair_value": 2430.588935,
        "relative_strength": -2.785694,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 4.059715,
        "energy": 11.889864,
        "activity_lines": [
          2800.766667,
          2817.277273,
          2851.42357,
          2824.617633
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2680.75,
        "volume": 18914,
        "typical_volume": 18572.0,
        "trend": 2770.131665,
        "fair_value": 2433.222209,
        "relative_strength": -6.911902,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.49824,
        "energy": 34.880204,
        "activity_lines": [
          2757.3,
          2790.081818,
          2834.314285,
          2819.305375
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2645.75,
        "volume": 17042,
        "typical_volume": 18839.7,
        "trend": 2774.523332,
        "fair_value": 2435.43604,
        "relative_strength": -8.544335,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.345931,
        "energy": 47.65432,
        "activity_lines": [
          2710.983333,
          2759.781818,
          2814.076428,
          2811.280751
        ]
      },
      {
        "date": "2026-02-20",
        "close": 2681.5,
        "volume": 12032,
        "typical_volume": 18391.5,
        "trend": 2778.606665,
        "fair_value": 2437.972782,
        "relative_strength": -9.132742,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.869723,
        "energy": 53.820655,
        "activity_lines": [
          2690.916667,
          2740.413636,
          2797.588571,
          2805.279246
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2688.25,
        "volume": 21765,
        "typical_volume": 18527.35,
        "trend": 2783.406665,
        "fair_value": 2440.526631,
        "relative_strength": -10.623445,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.121078,
        "energy": 52.382773,
        "activity_lines": [
          2682.2,
          2724.790909,
          2782.135238,
          2799.449784
        ]
      },
      {
        "date": "2026-03-06",
        "close": 2727.0,
        "volume": 14979,
        "typical_volume": 18369.25,
        "trend": 2788.239998,
        "fair_value": 2443.420302,
        "relative_strength": -3.882708,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.588147,
        "energy": 41.080725,
        "activity_lines": [
          2693.65,
          2718.772727,
          2770.680714,
          2795.810644
        ]
      },
      {
        "date": "2026-03-13",
        "close": 2681.25,
        "volume": 16816,
        "typical_volume": 17934.85,
        "trend": 2791.273332,
        "fair_value": 2445.798599,
        "relative_strength": -5.32901,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.313071,
        "energy": 35.260772,
        "activity_lines": [
          2692.516667,
          2706.654545,
          2754.841667,
          2788.908063
        ]
      },
      {
        "date": "2026-03-20",
        "close": 2619.75,
        "volume": 12171,
        "typical_volume": 17452.55,
        "trend": 2792.848332,
        "fair_value": 2447.52089,
        "relative_strength": -4.372208,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.619775,
        "energy": 38.104145,
        "activity_lines": [
          2670.85,
          2685.75,
          2738.353571,
          2777.842042
        ]
      },
      {
        "date": "2026-03-27",
        "close": 2511.75,
        "volume": 21476,
        "typical_volume": 17475.0,
        "trend": 2790.431665,
        "fair_value": 2448.150587,
        "relative_strength": -8.794207,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.157615,
        "energy": 50.205769,
        "activity_lines": [
          2614.916667,
          2649.590909,
          2713.208333,
          2759.706666
        ]
      },
      {
        "date": "2026-04-03",
        "close": 2616.5,
        "volume": 18221,
        "typical_volume": 17156.7,
        "trend": 2790.789998,
        "fair_value": 2449.785047,
        "relative_strength": -9.306543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.035239,
        "energy": 45.877008,
        "activity_lines": [
          2605.216667,
          2638.045455,
          2699.505952,
          2748.485268
        ]
      },
      {
        "date": "2026-04-10",
        "close": 2714.5,
        "volume": 48909,
        "typical_volume": 18165.75,
        "trend": 2792.498332,
        "fair_value": 2452.330383,
        "relative_strength": -7.386447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.103454,
        "energy": 35.184019,
        "activity_lines": [
          2632.966667,
          2647.6,
          2696.372619,
          2743.563333
        ]
      },
      {
        "date": "2026-04-17",
        "close": 2888.0,
        "volume": 27420,
        "typical_volume": 18967.3,
        "trend": 2797.973332,
        "fair_value": 2456.479618,
        "relative_strength": -2.313861,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.609511,
        "energy": 8.56816,
        "activity_lines": [
          2719.383333,
          2689.654545,
          2710.133333,
          2749.724731
        ]
      },
      {
        "date": "2026-04-24",
        "close": 2915.25,
        "volume": 20864,
        "typical_volume": 18758.55,
        "trend": 2804.539998,
        "fair_value": 2460.80764,
        "relative_strength": 1.120401,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.836549,
        "energy": 19.077626,
        "activity_lines": [
          2801.1,
          2732.895455,
          2726.355952,
          2757.290967
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2919.5,
        "volume": 15400,
        "typical_volume": 19004.8,
        "trend": 2809.731665,
        "fair_value": 2465.094485,
        "relative_strength": 1.218163,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.360703,
        "energy": 33.812955,
        "activity_lines": [
          2864.533333,
          2772.009091,
          2742.860714,
          2764.707742
        ]
      },
      {
        "date": "2026-05-08",
        "close": 3054.75,
        "volume": 14066,
        "typical_volume": 19174.0,
        "trend": 2819.789998,
        "fair_value": 2470.554258,
        "relative_strength": 6.930595,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.176947,
        "energy": 59.509407,
        "activity_lines": [
          2945.866667,
          2831.386364,
          2771.772619,
          2780.515376
        ]
      },
      {
        "date": "2026-05-15",
        "close": 3155.0,
        "volume": 16147,
        "typical_volume": 19714.2,
        "trend": 2834.248332,
        "fair_value": 2476.833577,
        "relative_strength": 10.538261,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 54.769422,
        "energy": 72.946577,
        "activity_lines": [
          3031.4,
          2902.327273,
          2809.157143,
          2802.141828
        ]
      },
      {
        "date": "2026-05-22",
        "close": 3134.75,
        "volume": 39585,
        "typical_volume": 21225.0,
        "trend": 2812.908333,
        "fair_value": 2482.814635,
        "relative_strength": 6.673726,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 74.931995,
        "energy": 81.573408,
        "activity_lines": [
          3080.816667,
          2961.804545,
          2843.155952,
          2821.529032
        ]
      },
      {
        "date": "2026-05-29",
        "close": 3200.5,
        "volume": 27526,
        "typical_volume": 21807.25,
        "trend": 2820.866667,
        "fair_value": 2489.280269,
        "relative_strength": 9.164728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.008533,
        "energy": 84.065345,
        "activity_lines": [
          3135.7,
          3024.990909,
          2881.884524,
          2846.534946
        ]
      },
      {
        "date": "2026-06-05",
        "close": 3131.5,
        "volume": 5665,
        "typical_volume": 20810.25,
        "trend": 2831.258333,
        "fair_value": 2495.014374,
        "relative_strength": 6.962702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.704894,
        "energy": 75.152607,
        "activity_lines": [
          3148.566667,
          3065.072727,
          2912.42381,
          2866.575806
        ]
      },
      {
        "date": "2026-06-12",
        "close": 3048.75,
        "volume": 7141,
        "typical_volume": 20365.95,
        "trend": 2837.016667,
        "fair_value": 2499.914689,
        "relative_strength": 2.911713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.41045,
        "energy": 52.744732,
        "activity_lines": [
          3119.716667,
          3078.840909,
          2933.589286,
          2880.607527
        ]
      },
      {
        "date": "2026-06-19",
        "close": 3148.25,
        "volume": 3213,
        "typical_volume": 18967.6,
        "trend": 2848.883333,
        "fair_value": 2505.601841,
        "relative_strength": 7.105539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.092887,
        "energy": 50.864838,
        "activity_lines": [
          3124.433333,
          3102.840909,
          2963.032143,
          2900.687097
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3023.25,
        "volume": 3598,
        "typical_volume": 18201.8,
        "trend": 2854.325,
        "fair_value": 2510.103129,
        "relative_strength": 1.333921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.744305,
        "energy": 35.123456,
        "activity_lines": [
          3087.933333,
          3096.227273,
          2978.754762,
          2911.936559
        ]
      },
      {
        "date": "2026-07-03",
        "close": 3088.25,
        "volume": 3080,
        "typical_volume": 17503.7,
        "trend": 2860.95,
        "fair_value": 2515.087154,
        "relative_strength": 1.760179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.475911,
        "energy": 30.833896,
        "activity_lines": [
          3080.533333,
          3098.972727,
          2999.036905,
          2927.028495
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3114.75,
        "volume": 18079,
        "typical_volume": 17806.05,
        "trend": 2870.775,
        "fair_value": 2520.212477,
        "relative_strength": 4.265079,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.50421,
        "energy": 32.400675,
        "activity_lines": [
          3089.45,
          3103.390909,
          3019.735714,
          2943.402688
        ]
      },
      {
        "date": "2026-07-17",
        "close": 3054.0,
        "volume": 23728,
        "typical_volume": 17904.2,
        "trend": 2878.275,
        "fair_value": 2524.736101,
        "relative_strength": 1.178904,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.003664,
        "energy": 26.541262,
        "activity_lines": [
          3079.233333,
          3093.213636,
          3032.585714,
          2955.223656
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3052.25,
        "volume": 15989,
        "typical_volume": 17954.7,
        "trend": 2885.05,
        "fair_value": 2529.16899,
        "relative_strength": -0.183155,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.653439,
        "energy": 25.477372,
        "activity_lines": [
          3068.083333,
          3082.731818,
          3043.527381,
          2966.447849
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3030.75,
        "volume": 23837,
        "typical_volume": 18305.75,
        "trend": 2892.308333,
        "fair_value": 2533.348832,
        "relative_strength": -2.077976,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.100767,
        "energy": 20.159964,
        "activity_lines": [
          3056.166667,
          3070.209091,
          3050.872619,
          2975.847849
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3222.75,
        "volume": 23885,
        "typical_volume": 18891.45,
        "trend": 2904.375,
        "fair_value": 2539.046363,
        "relative_strength": 3.727831,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.186909,
        "energy": 34.299455,
        "activity_lines": [
          3107.75,
          3094.486364,
          3074.839286,
          2997.166667
        ]
      }
    ],
    "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."
    }
  }
}