{
  "ticker": {
    "uuid": "1961960e-e33e-417a-9f4e-0e972c31cde4",
    "symbol": "SCHAEFFLER",
    "name": "Schaeffler India 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": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 63.218,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 17.337,
    "architecture_energy": 10.173,
    "architecture_maturity": 14.868,
    "architecture_confidence": 86.14,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 58.18,
        "rotation_up": 20.42,
        "upward_expansion": 49.84,
        "deceleration": 89.22,
        "rotation_down": 31.23,
        "downward_expansion": 20.51
      },
      "activity_lines": [
        4079.46001,
        4109.703662,
        4109.422256,
        4082.018794
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 4035.199951,
    "trend_reference": 4018.070573,
    "distance_from_trend": 0.004263,
    "trend_direction": "Improving",
    "fair_value": 3639.994821,
    "distance_from_fair_value": 0.108573,
    "fair_value_direction": "Weakening",
    "relative_strength": 2.073649,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.066618,
    "excess_performance": 0.110327,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.004263,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.02062,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.108573,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.089343,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.020736,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.088381,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.066618,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.093856,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 173833,
      "relative_activity": 0.550721,
      "balance": 1.093856,
      "dry_up": 1.123646,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.048464,
      "annualized_volatility": 0.354415,
      "from_high_reference": -0.092193,
      "from_low_reference": 0.156321
    },
    "levels": {
      "trend_reference": 4018.070573,
      "fair_value_reference": 3639.994821,
      "structural_low": 3660.680285,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": -0.022416,
        "positive_rate": 0.4375,
        "directional_follow_through": 0.4375,
        "median_excess_return": -0.023291,
        "regime_survival": 0.5,
        "best_return": 0.261662,
        "worst_return": -0.066015,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.083394,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.02479,
        "regime_survival": 0.25,
        "best_return": 0.418449,
        "worst_return": 0.008274,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.093874,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.015863,
        "regime_survival": 0.25,
        "best_return": 0.192331,
        "worst_return": -0.001728,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.056193,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.065775,
        "regime_survival": 0.333333,
        "best_return": 0.190271,
        "worst_return": -0.015809,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-26",
        "end": "2024-10-25",
        "tenure": "Established",
        "return": -0.137799,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-01",
        "end": "2025-03-21",
        "tenure": "Established",
        "return": 0.045542,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.203681,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": -0.061284,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-11",
        "end": "2025-07-25",
        "tenure": "New",
        "return": -0.029456,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": -0.037359,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-29",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": 0.10829,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-10",
        "end": "2025-10-24",
        "tenure": "New",
        "return": -0.049738,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-31",
        "end": "2025-12-19",
        "tenure": "Developing",
        "return": -0.045158,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-26",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": 0.145486,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-03-06",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.07876,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-03",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": 0.137725,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.028911,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.01765,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 2916.214111,
        "volume": 249647,
        "typical_volume": 493436.4,
        "trend": 2857.285352,
        "fair_value": 1880.550807,
        "relative_strength": -4.685645,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.244807,
        "energy": 15.077568,
        "activity_lines": [
          2962.704573,
          2986.562305,
          2963.979815,
          2922.341237
        ]
      },
      {
        "date": "2023-08-25",
        "close": 2946.996582,
        "volume": 297592,
        "typical_volume": 495789.45,
        "trend": 2871.394694,
        "fair_value": 1894.606711,
        "relative_strength": -3.304344,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.350401,
        "energy": 14.465931,
        "activity_lines": [
          2952.375602,
          2974.640585,
          2966.25121,
          2928.129058
        ]
      },
      {
        "date": "2023-09-01",
        "close": 3080.760254,
        "volume": 408155,
        "typical_volume": 487700.05,
        "trend": 2890.695369,
        "fair_value": 1909.512984,
        "relative_strength": 0.384853,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.426268,
        "energy": 22.736953,
        "activity_lines": [
          2991.314453,
          2989.949676,
          2981.240688,
          2941.636513
        ]
      },
      {
        "date": "2023-09-08",
        "close": 3488.734619,
        "volume": 1097198,
        "typical_volume": 487489.55,
        "trend": 2918.58361,
        "fair_value": 1927.010578,
        "relative_strength": 11.752607,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 82.228842,
        "energy": 68.947912,
        "activity_lines": [
          3160.885091,
          3080.274108,
          3034.397024,
          2980.219691
        ]
      },
      {
        "date": "2023-09-15",
        "close": 3233.744385,
        "volume": 960180,
        "typical_volume": 483327.1,
        "trend": 2931.403548,
        "fair_value": 1943.011692,
        "relative_strength": 2.103889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.532647,
        "energy": 67.642615,
        "activity_lines": [
          3211.743229,
          3115.753715,
          3059.365914,
          3000.552644
        ]
      },
      {
        "date": "2023-09-22",
        "close": 3044.026611,
        "volume": 266679,
        "typical_volume": 470580.1,
        "trend": 2938.215804,
        "fair_value": 1958.128676,
        "relative_strength": -1.035813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.126858,
        "energy": 62.8693,
        "activity_lines": [
          3181.988769,
          3111.667498,
          3063.758754,
          3007.818648
        ]
      },
      {
        "date": "2023-09-29",
        "close": 3234.232178,
        "volume": 493588,
        "typical_volume": 473366.25,
        "trend": 2949.477214,
        "fair_value": 1974.449586,
        "relative_strength": 5.564239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.316994,
        "energy": 64.64908,
        "activity_lines": [
          3207.115332,
          3141.815532,
          3084.858198,
          3026.916479
        ]
      },
      {
        "date": "2023-10-06",
        "close": 3142.568848,
        "volume": 282807,
        "typical_volume": 464345.45,
        "trend": 2960.006641,
        "fair_value": 1990.134074,
        "relative_strength": 2.800594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.08533,
        "energy": 32.760224,
        "activity_lines": [
          3182.538412,
          3151.351385,
          3095.020475,
          3039.374003
        ]
      },
      {
        "date": "2023-10-13",
        "close": 3034.806152,
        "volume": 269688,
        "typical_volume": 464289.65,
        "trend": 2971.439225,
        "fair_value": 2005.296775,
        "relative_strength": -0.887326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.87439,
        "energy": 16.367895,
        "activity_lines": [
          3117.92002,
          3138.708501,
          3093.133705,
          3044.199778
        ]
      },
      {
        "date": "2023-10-20",
        "close": 3007.87793,
        "volume": 230007,
        "typical_volume": 451948.55,
        "trend": 2981.759619,
        "fair_value": 2019.974836,
        "relative_strength": -0.547092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.257516,
        "energy": 13.391766,
        "activity_lines": [
          3074.587451,
          3120.227615,
          3087.324078,
          3046.550663
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2919.677734,
        "volume": 237541,
        "typical_volume": 431663.85,
        "trend": 2986.545467,
        "fair_value": 2034.088673,
        "relative_strength": -1.006016,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.331463,
        "energy": 15.117205,
        "activity_lines": [
          3016.912581,
          3085.078809,
          3072.735782,
          3042.54538
        ]
      },
      {
        "date": "2023-11-03",
        "close": 2670.980957,
        "volume": 936286,
        "typical_volume": 442708.15,
        "trend": 2977.494149,
        "fair_value": 2046.599377,
        "relative_strength": -10.110266,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.902901,
        "energy": 36.372563,
        "activity_lines": [
          2884.628711,
          3004.649432,
          3035.404989,
          3022.186379
        ]
      },
      {
        "date": "2023-11-10",
        "close": 2681.566895,
        "volume": 801501,
        "typical_volume": 457831.75,
        "trend": 2969.002604,
        "fair_value": 2059.165958,
        "relative_strength": -10.463032,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.764302,
        "energy": 60.237451,
        "activity_lines": [
          2793.423568,
          2931.163237,
          3001.15892,
          3003.094298
        ]
      },
      {
        "date": "2023-11-17",
        "close": 2645.321045,
        "volume": 527379,
        "typical_volume": 462587.45,
        "trend": 2968.207446,
        "fair_value": 2071.347698,
        "relative_strength": -12.800559,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.193515,
        "energy": 67.703628,
        "activity_lines": [
          2720.869938,
          2858.344949,
          2965.581312,
          2982.211617
        ]
      },
      {
        "date": "2023-11-24",
        "close": 2726.935059,
        "volume": 673591,
        "typical_volume": 481508.75,
        "trend": 2968.867643,
        "fair_value": 2083.957745,
        "relative_strength": -10.215147,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.193702,
        "energy": 73.376082,
        "activity_lines": [
          2701.486654,
          2815.700364,
          2939.570993,
          2966.645656
        ]
      },
      {
        "date": "2023-12-01",
        "close": 2797.817383,
        "volume": 456699,
        "typical_volume": 488639.05,
        "trend": 2970.518148,
        "fair_value": 2097.109019,
        "relative_strength": -9.951705,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.598299,
        "energy": 61.322413,
        "activity_lines": [
          2724.460336,
          2795.15819,
          2921.396451,
          2955.610156
        ]
      },
      {
        "date": "2023-12-08",
        "close": 2963.387695,
        "volume": 365934,
        "typical_volume": 493940.05,
        "trend": 2976.941284,
        "fair_value": 2110.795083,
        "relative_strength": -7.789451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.805262,
        "energy": 30.834493,
        "activity_lines": [
          2810.748145,
          2809.19624,
          2920.07164,
          2955.150127
        ]
      },
      {
        "date": "2023-12-15",
        "close": 2978.071533,
        "volume": 318545,
        "typical_volume": 474666.35,
        "trend": 2983.95957,
        "fair_value": 2124.678935,
        "relative_strength": -9.371482,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.187678,
        "energy": 20.15638,
        "activity_lines": [
          2882.436784,
          2830.828525,
          2920.401518,
          2955.223046
        ]
      },
      {
        "date": "2023-12-22",
        "close": 3099.395508,
        "volume": 557610,
        "typical_volume": 480328.05,
        "trend": 2995.620402,
        "fair_value": 2139.358598,
        "relative_strength": -5.179253,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -3.574161,
        "energy": 20.142542,
        "activity_lines": [
          2974.799772,
          2877.510574,
          2932.392221,
          2962.670526
        ]
      },
      {
        "date": "2023-12-29",
        "close": 3125.05542,
        "volume": 205572,
        "typical_volume": 481809.95,
        "trend": 3002.176872,
        "fair_value": 2153.764448,
        "relative_strength": -6.038669,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 20.916381,
        "energy": 33.27348,
        "activity_lines": [
          3045.444434,
          2927.683709,
          2946.272453,
          2971.021172
        ]
      },
      {
        "date": "2024-01-05",
        "close": 3147.446777,
        "volume": 289554,
        "typical_volume": 483805.3,
        "trend": 3003.168799,
        "fair_value": 2168.351789,
        "relative_strength": -5.266568,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.063015,
        "energy": 42.840068,
        "activity_lines": [
          3097.011523,
          2979.797501,
          2961.561808,
          2980.393424
        ]
      },
      {
        "date": "2024-01-12",
        "close": 3274.5271,
        "volume": 382030,
        "typical_volume": 488027.2,
        "trend": 3008.751221,
        "fair_value": 2183.819513,
        "relative_strength": -2.31736,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.160395,
        "energy": 59.018243,
        "activity_lines": [
          3167.630094,
          3050.87555,
          2987.852944,
          2997.900411
        ]
      },
      {
        "date": "2024-01-19",
        "close": 3171.789795,
        "volume": 233648,
        "typical_volume": 479301.85,
        "trend": 3010.248869,
        "fair_value": 2198.633983,
        "relative_strength": -4.231838,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.147219,
        "energy": 51.715394,
        "activity_lines": [
          3183.26027,
          3092.300524,
          3002.799905,
          3008.419029
        ]
      },
      {
        "date": "2024-01-26",
        "close": 3034.416016,
        "volume": 157119,
        "typical_volume": 432297.9,
        "trend": 3010.657015,
        "fair_value": 2212.830549,
        "relative_strength": -7.207461,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.313573,
        "energy": 27.837817,
        "activity_lines": [
          3140.184636,
          3099.835303,
          3004.230175,
          3009.9782
        ]
      },
      {
        "date": "2024-02-02",
        "close": 3055.002686,
        "volume": 235463,
        "typical_volume": 396062.05,
        "trend": 3013.997046,
        "fair_value": 2226.758616,
        "relative_strength": -8.716718,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 17.753266,
        "energy": 21.434695,
        "activity_lines": [
          3108.30319,
          3104.038659,
          3009.784502,
          3012.839211
        ]
      },
      {
        "date": "2024-02-09",
        "close": 2943.435547,
        "volume": 290807,
        "typical_volume": 397268.45,
        "trend": 3011.283073,
        "fair_value": 2239.584614,
        "relative_strength": -11.613791,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": -12.124884,
        "energy": 11.223411,
        "activity_lines": [
          3043.902881,
          3081.992214,
          3005.564538,
          3008.286856
        ]
      },
      {
        "date": "2024-02-16",
        "close": 2989.584229,
        "volume": 219336,
        "typical_volume": 383555.85,
        "trend": 3010.362695,
        "fair_value": 2252.38439,
        "relative_strength": -11.020696,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.569719,
        "energy": 16.248665,
        "activity_lines": [
          3008.486215,
          3065.688836,
          3006.218692,
          3006.88693
        ]
      },
      {
        "date": "2024-02-23",
        "close": 2851.527588,
        "volume": 658372,
        "typical_volume": 402334.1,
        "trend": 3005.40144,
        "fair_value": 2264.315322,
        "relative_strength": -15.42185,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.016236,
        "energy": 26.785475,
        "activity_lines": [
          2946.046859,
          3023.80795,
          2994.889585,
          2996.639504
        ]
      },
      {
        "date": "2024-03-01",
        "close": 2850.600586,
        "volume": 286355,
        "typical_volume": 403167.45,
        "trend": 3000.988184,
        "fair_value": 2276.227355,
        "relative_strength": -15.530317,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -59.918585,
        "energy": 39.603206,
        "activity_lines": [
          2904.649317,
          2984.059318,
          2984.858102,
          2986.652352
        ]
      },
      {
        "date": "2024-03-08",
        "close": 2784.353271,
        "volume": 204992,
        "typical_volume": 401916.7,
        "trend": 2994.69515,
        "fair_value": 2287.528795,
        "relative_strength": -17.657119,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -67.519772,
        "energy": 56.108883,
        "activity_lines": [
          2853.423698,
          2936.789262,
          2969.394521,
          2972.675906
        ]
      },
      {
        "date": "2024-03-15",
        "close": 2831.233887,
        "volume": 401495,
        "typical_volume": 410114.4,
        "trend": 2991.862476,
        "fair_value": 2299.246577,
        "relative_strength": -14.166171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.726628,
        "energy": 57.706671,
        "activity_lines": [
          2835.868245,
          2904.23754,
          2959.460163,
          2962.130018
        ]
      },
      {
        "date": "2024-03-22",
        "close": 2872.845947,
        "volume": 265870,
        "typical_volume": 376593.6,
        "trend": 2989.390788,
        "fair_value": 2311.115829,
        "relative_strength": -12.866986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.680162,
        "energy": 49.398593,
        "activity_lines": [
          2839.66359,
          2885.000972,
          2953.91002,
          2954.451533
        ]
      },
      {
        "date": "2024-03-29",
        "close": 2742.936279,
        "volume": 176518,
        "typical_volume": 345344.45,
        "trend": 2978.129989,
        "fair_value": 2321.985404,
        "relative_strength": -17.269516,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.113836,
        "energy": 53.934706,
        "activity_lines": [
          2807.938265,
          2849.447758,
          2935.026266,
          2938.551242
        ]
      },
      {
        "date": "2024-04-05",
        "close": 3238.134766,
        "volume": 497574,
        "typical_volume": 343854.2,
        "trend": 2969.77666,
        "fair_value": 2336.23873,
        "relative_strength": -2.850057,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 0.419737,
        "energy": 4.173789,
        "activity_lines": [
          2948.518522,
          2911.72797,
          2963.012037,
          2955.325744
        ]
      },
      {
        "date": "2024-04-12",
        "close": 3188.815186,
        "volume": 266544,
        "typical_volume": 323501.85,
        "trend": 2968.27902,
        "fair_value": 2350.363363,
        "relative_strength": -4.066108,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.917703,
        "energy": 25.303434,
        "activity_lines": [
          3046.823307,
          2961.337007,
          2983.477783,
          2969.457261
        ]
      },
      {
        "date": "2024-04-19",
        "close": 3221.699707,
        "volume": 239216,
        "typical_volume": 312627.7,
        "trend": 2974.201457,
        "fair_value": 2364.859809,
        "relative_strength": -1.370169,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 62.907129,
        "energy": 47.257908,
        "activity_lines": [
          3129.125472,
          3014.492094,
          3004.875959,
          2985.806983
        ]
      },
      {
        "date": "2024-04-26",
        "close": 3281.989258,
        "volume": 581068,
        "typical_volume": 323384.4,
        "trend": 2975.793359,
        "fair_value": 2379.453391,
        "relative_strength": -0.702781,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.739596,
        "energy": 64.838116,
        "activity_lines": [
          3205.493099,
          3073.54957,
          3029.99751,
          3005.664261
        ]
      },
      {
        "date": "2024-05-03",
        "close": 3713.850586,
        "volume": 1268272,
        "typical_volume": 370870.75,
        "trend": 2994.836084,
        "fair_value": 2397.119798,
        "relative_strength": 11.892059,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.111292,
        "energy": 85.755337,
        "activity_lines": [
          3398.538281,
          3205.810831,
          3094.731561,
          3053.280856
        ]
      },
      {
        "date": "2024-05-10",
        "close": 3729.439209,
        "volume": 704493,
        "typical_volume": 378214.9,
        "trend": 3017.990519,
        "fair_value": 2414.965501,
        "relative_strength": 14.239738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.968203,
        "energy": 89.250239,
        "activity_lines": [
          3532.052051,
          3325.227788,
          3157.446532,
          3100.674606
        ]
      },
      {
        "date": "2024-05-17",
        "close": 4240.571777,
        "volume": 1818720,
        "typical_volume": 458872.3,
        "trend": 3059.080314,
        "fair_value": 2435.915102,
        "relative_strength": 26.915412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.48604,
        "energy": 96.377615,
        "activity_lines": [
          3803.189713,
          3521.599055,
          3265.840588,
          3179.550816
        ]
      },
      {
        "date": "2024-05-24",
        "close": 4540.790039,
        "volume": 876078,
        "typical_volume": 488198.5,
        "trend": 3113.117391,
        "fair_value": 2458.511606,
        "relative_strength": 32.153875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.678425,
        "energy": 97.613283,
        "activity_lines": [
          4104.283024,
          3746.07876,
          3397.514876,
          3275.144992
        ]
      },
      {
        "date": "2024-05-31",
        "close": 4171.578613,
        "volume": 757444,
        "typical_volume": 506969.2,
        "trend": 3163.137313,
        "fair_value": 2478.844074,
        "relative_strength": 23.276063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.026497,
        "energy": 87.531571,
        "activity_lines": [
          4194.366504,
          3872.346276,
          3487.391204,
          3343.432813
        ]
      },
      {
        "date": "2024-06-07",
        "close": 4085.422607,
        "volume": 1025298,
        "typical_volume": 546551.7,
        "trend": 3209.932503,
        "fair_value": 2498.566134,
        "relative_strength": 16.681693,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.849388,
        "energy": 71.829369,
        "activity_lines": [
          4196.425358,
          3959.335742,
          3564.790524,
          3402.93509
        ]
      },
      {
        "date": "2024-06-14",
        "close": 4746.049316,
        "volume": 996580,
        "typical_volume": 588524.75,
        "trend": 3279.956779,
        "fair_value": 2522.466518,
        "relative_strength": 33.898608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.838422,
        "energy": 69.380907,
        "activity_lines": [
          4393.921647,
          4142.030313,
          3700.756041,
          3502.0394
        ]
      },
      {
        "date": "2024-06-21",
        "close": 4639.878906,
        "volume": 914014,
        "typical_volume": 622452.3,
        "trend": 3343.721574,
        "fair_value": 2545.307458,
        "relative_strength": 30.209667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.610739,
        "energy": 63.52031,
        "activity_lines": [
          4488.253792,
          4278.004545,
          3818.459455,
          3589.776311
        ]
      },
      {
        "date": "2024-06-28",
        "close": 4662.352539,
        "volume": 786630,
        "typical_volume": 647243.45,
        "trend": 3405.872746,
        "fair_value": 2568.316104,
        "relative_strength": 27.470863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.881307,
        "energy": 62.402534,
        "activity_lines": [
          4563.456673,
          4391.681916,
          3930.756186,
          3674.849277
        ]
      },
      {
        "date": "2024-07-05",
        "close": 4515.415527,
        "volume": 637189,
        "typical_volume": 668136.1,
        "trend": 3457.607007,
        "fair_value": 2590.661098,
        "relative_strength": 21.36128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.498316,
        "energy": 60.723676,
        "activity_lines": [
          4581.576383,
          4452.449778,
          4020.873597,
          3746.432682
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3929.240723,
        "volume": 1464099,
        "typical_volume": 708422.45,
        "trend": 3489.312647,
        "fair_value": 2609.195547,
        "relative_strength": 4.762325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.374457,
        "energy": 41.933166,
        "activity_lines": [
          4381.382031,
          4384.214471,
          4047.898972,
          3776.860664
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3806.989746,
        "volume": 1761003,
        "typical_volume": 782154.85,
        "trend": 3512.899121,
        "fair_value": 2625.508956,
        "relative_strength": 1.353531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.373267,
        "energy": 25.830162,
        "activity_lines": [
          4150.849479,
          4289.835529,
          4058.14943,
          3797.355961
        ]
      },
      {
        "date": "2024-07-26",
        "close": 4111.436523,
        "volume": 1742093,
        "typical_volume": 859009.9,
        "trend": 3545.778491,
        "fair_value": 2643.412325,
        "relative_strength": 7.945235,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.428507,
        "energy": 24.411882,
        "activity_lines": [
          4084.403157,
          4249.400537,
          4092.840585,
          3835.971277
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3977.727539,
        "volume": 481543,
        "typical_volume": 863012.3,
        "trend": 3573.454517,
        "fair_value": 2660.532657,
        "relative_strength": 4.823422,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.849738,
        "energy": 25.990468,
        "activity_lines": [
          4008.616667,
          4187.002734,
          4108.478107,
          3863.838957
        ]
      },
      {
        "date": "2024-08-09",
        "close": 3895.407471,
        "volume": 697303,
        "typical_volume": 884583.95,
        "trend": 3594.150529,
        "fair_value": 2677.109656,
        "relative_strength": 4.040374,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.466814,
        "energy": 21.525297,
        "activity_lines": [
          3951.03182,
          4119.875146,
          4110.816129,
          3884.610116
        ]
      },
      {
        "date": "2024-08-16",
        "close": 3965.531982,
        "volume": 377806,
        "typical_volume": 894648.35,
        "trend": 3620.608602,
        "fair_value": 2694.13611,
        "relative_strength": 5.024958,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.958737,
        "energy": 14.54524,
        "activity_lines": [
          3958.15568,
          4070.518763,
          4114.963336,
          3908.570209
        ]
      },
      {
        "date": "2024-08-23",
        "close": 4032.706055,
        "volume": 474126,
        "typical_volume": 893475.95,
        "trend": 3653.884937,
        "fair_value": 2711.126685,
        "relative_strength": 5.465564,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.508465,
        "energy": 13.116898,
        "activity_lines": [
          3985.251481,
          4035.555677,
          4119.686189,
          3935.157142
        ]
      },
      {
        "date": "2024-08-30",
        "close": 3876.671387,
        "volume": 493576,
        "typical_volume": 904827.55,
        "trend": 3681.273893,
        "fair_value": 2726.857009,
        "relative_strength": -0.212361,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.488972,
        "energy": 10.091315,
        "activity_lines": [
          3945.287972,
          3985.192529,
          4105.764924,
          3949.530461
        ]
      },
      {
        "date": "2024-09-06",
        "close": 3801.186768,
        "volume": 369668,
        "typical_volume": 911350.15,
        "trend": 3709.865601,
        "fair_value": 2742.135908,
        "relative_strength": -0.357373,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 0.782397,
        "energy": 12.035214,
        "activity_lines": [
          3895.813933,
          3934.981405,
          4081.379142,
          3957.266776
        ]
      },
      {
        "date": "2024-09-13",
        "close": 3903.521484,
        "volume": 274051,
        "typical_volume": 895999.3,
        "trend": 3740.330176,
        "fair_value": 2758.168887,
        "relative_strength": 0.367879,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 6.100263,
        "energy": 17.421651,
        "activity_lines": [
          3892.22085,
          3919.034153,
          4063.980062,
          3969.760704
        ]
      },
      {
        "date": "2024-09-20",
        "close": 3757.764648,
        "volume": 429906,
        "typical_volume": 854081.0,
        "trend": 3770.538078,
        "fair_value": 2773.318941,
        "relative_strength": -4.899854,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -5.198881,
        "energy": 25.590013,
        "activity_lines": [
          3839.501221,
          3887.711004,
          4029.739701,
          3970.885508
        ]
      },
      {
        "date": "2024-09-27",
        "close": 3796.613281,
        "volume": 249893,
        "typical_volume": 831351.0,
        "trend": 3802.071834,
        "fair_value": 2788.62708,
        "relative_strength": -5.106518,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -1.312497,
        "energy": 24.62317,
        "activity_lines": [
          3813.582291,
          3866.56899,
          3998.990095,
          3972.56778
        ]
      },
      {
        "date": "2024-10-04",
        "close": 3806.202637,
        "volume": 368225,
        "typical_volume": 758826.25,
        "trend": 3836.13348,
        "fair_value": 2804.224265,
        "relative_strength": -0.341641,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.570571,
        "energy": 24.2375,
        "activity_lines": [
          3806.599333,
          3847.359157,
          3968.833884,
          3972.834283
        ]
      },
      {
        "date": "2024-10-11",
        "close": 3834.085449,
        "volume": 409120,
        "typical_volume": 735478.35,
        "trend": 3869.561865,
        "fair_value": 2819.20219,
        "relative_strength": 0.591774,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.012717,
        "energy": 26.335941,
        "activity_lines": [
          3813.608561,
          3838.768635,
          3943.401604,
          3972.702152
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3938.042969,
        "volume": 414573,
        "typical_volume": 718334.8,
        "trend": 3905.068433,
        "fair_value": 2835.262317,
        "relative_strength": 3.718104,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.095288,
        "energy": 13.204708,
        "activity_lines": [
          3853.077051,
          3851.691153,
          3931.2353,
          3977.120288
        ]
      },
      {
        "date": "2024-10-25",
        "close": 3544.882813,
        "volume": 540748,
        "typical_volume": 694107.3,
        "trend": 3931.799984,
        "fair_value": 2848.870842,
        "relative_strength": -3.956442,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -46.248464,
        "energy": 38.239804,
        "activity_lines": [
          3759.190723,
          3792.354816,
          3882.737247,
          3953.882506
        ]
      },
      {
        "date": "2024-11-01",
        "close": 3432.663818,
        "volume": 391704,
        "typical_volume": 663863.5,
        "trend": 3938.284285,
        "fair_value": 2861.246549,
        "relative_strength": -7.496951,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.788721,
        "energy": 68.954819,
        "activity_lines": [
          3642.090186,
          3720.263192,
          3826.125668,
          3921.680173
        ]
      },
      {
        "date": "2024-11-08",
        "close": 3425.926758,
        "volume": 412257,
        "typical_volume": 638775.65,
        "trend": 3946.188004,
        "fair_value": 2873.52039,
        "relative_strength": -7.126276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.413847,
        "energy": 76.585575,
        "activity_lines": [
          3547.007259,
          3657.856507,
          3775.126682,
          3888.624848
        ]
      },
      {
        "date": "2024-11-15",
        "close": 3367.554932,
        "volume": 284363,
        "typical_volume": 613662.3,
        "trend": 3951.049845,
        "fair_value": 2885.555517,
        "relative_strength": -6.427408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.45415,
        "energy": 82.013267,
        "activity_lines": [
          3457.818783,
          3593.03212,
          3724.349199,
          3851.293682
        ]
      },
      {
        "date": "2024-11-22",
        "close": 3343.852295,
        "volume": 307931,
        "typical_volume": 597199.4,
        "trend": 3953.111947,
        "fair_value": 2897.727669,
        "relative_strength": -8.565913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.21045,
        "energy": 82.769608,
        "activity_lines": [
          3391.831462,
          3531.782378,
          3677.480025,
          3812.119647
        ]
      },
      {
        "date": "2024-11-29",
        "close": 3525.114014,
        "volume": 535423,
        "typical_volume": 550765.6,
        "trend": 3946.820727,
        "fair_value": 2910.616084,
        "relative_strength": -4.600085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.332167,
        "energy": 69.885565,
        "activity_lines": [
          3425.877425,
          3513.665115,
          3653.452744,
          3784.506877
        ]
      },
      {
        "date": "2024-12-06",
        "close": 3547.78418,
        "volume": 170015,
        "typical_volume": 471216.2,
        "trend": 3940.76556,
        "fair_value": 2923.568481,
        "relative_strength": -6.142419,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.628973,
        "energy": 48.481658,
        "activity_lines": [
          3468.798031,
          3503.899712,
          3633.508939,
          3758.762584
        ]
      },
      {
        "date": "2024-12-13",
        "close": 3521.180176,
        "volume": 394092,
        "typical_volume": 403816.15,
        "trend": 3916.78584,
        "fair_value": 2936.318938,
        "relative_strength": -7.225859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.546586,
        "energy": 35.479526,
        "activity_lines": [
          3495.175944,
          3493.821382,
          3612.265732,
          3731.692559
        ]
      },
      {
        "date": "2024-12-20",
        "close": 3251.352783,
        "volume": 351816,
        "typical_volume": 397329.8,
        "trend": 3873.804598,
        "fair_value": 2946.640499,
        "relative_strength": -9.963849,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.428372,
        "energy": 44.993713,
        "activity_lines": [
          3425.261165,
          3439.865754,
          3568.135423,
          3688.761394
        ]
      },
      {
        "date": "2024-12-27",
        "close": 3386.832275,
        "volume": 258590,
        "typical_volume": 375394.15,
        "trend": 3847.646387,
        "fair_value": 2957.533177,
        "relative_strength": -7.083422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.348125,
        "energy": 40.835683,
        "activity_lines": [
          3408.253027,
          3421.1379,
          3540.366849,
          3657.343825
        ]
      },
      {
        "date": "2025-01-03",
        "close": 3407.87915,
        "volume": 126065,
        "typical_volume": 362807.1,
        "trend": 3825.061605,
        "fair_value": 2967.811973,
        "relative_strength": -7.216254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.803184,
        "energy": 40.324386,
        "activity_lines": [
          3395.395182,
          3416.258762,
          3517.024527,
          3628.971745
        ]
      },
      {
        "date": "2025-01-10",
        "close": 3268.367432,
        "volume": 201188,
        "typical_volume": 349160.2,
        "trend": 3775.805542,
        "fair_value": 2977.251448,
        "relative_strength": -8.722054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.203006,
        "energy": 47.103731,
        "activity_lines": [
          3343.849088,
          3388.504834,
          3483.050864,
          3593.055992
        ]
      },
      {
        "date": "2025-01-17",
        "close": 3173.901123,
        "volume": 338464,
        "typical_volume": 341404.6,
        "trend": 3726.939616,
        "fair_value": 2986.506965,
        "relative_strength": -10.376447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.648885,
        "energy": 49.803476,
        "activity_lines": [
          3279.442008,
          3346.56242,
          3443.720117,
          3554.223449
        ]
      },
      {
        "date": "2025-01-24",
        "close": 3159.148438,
        "volume": 290915,
        "typical_volume": 337466.95,
        "trend": 3676.832813,
        "fair_value": 2995.959835,
        "relative_strength": -10.304282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.743647,
        "energy": 64.177313,
        "activity_lines": [
          3233.269304,
          3306.519984,
          3406.330878,
          3517.59176
        ]
      },
      {
        "date": "2025-01-31",
        "close": 3369.325439,
        "volume": 336656,
        "typical_volume": 340597.2,
        "trend": 3638.62981,
        "fair_value": 3006.444859,
        "relative_strength": -6.072337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.457547,
        "energy": 45.532936,
        "activity_lines": [
          3263.302555,
          3308.480757,
          3392.015822,
          3497.752574
        ]
      },
      {
        "date": "2025-02-07",
        "close": 3225.043945,
        "volume": 251712,
        "typical_volume": 331687.5,
        "trend": 3615.156584,
        "fair_value": 3016.608179,
        "relative_strength": -10.3111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.893031,
        "energy": 43.018903,
        "activity_lines": [
          3246.409098,
          3283.745383,
          3366.503461,
          3471.069615
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2883.567139,
        "volume": 123779,
        "typical_volume": 325381.8,
        "trend": 3584.37583,
        "fair_value": 3023.736213,
        "relative_strength": -17.499114,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.315366,
        "energy": 56.27708,
        "activity_lines": [
          3127.879053,
          3202.379137,
          3311.006265,
          3423.870296
        ]
      },
      {
        "date": "2025-02-21",
        "close": 3145.821777,
        "volume": 248055,
        "typical_volume": 319373.3,
        "trend": 3552.188672,
        "fair_value": 3032.805208,
        "relative_strength": -9.579129,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.814871,
        "energy": 42.384597,
        "activity_lines": [
          3122.420573,
          3180.772226,
          3284.83354,
          3395.576486
        ]
      },
      {
        "date": "2025-02-28",
        "close": 3010.785156,
        "volume": 248225,
        "typical_volume": 311328.55,
        "trend": 3519.957259,
        "fair_value": 3041.184685,
        "relative_strength": -10.930257,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.741041,
        "energy": 53.093304,
        "activity_lines": [
          3073.821842,
          3141.437899,
          3248.944856,
          3360.647227
        ]
      },
      {
        "date": "2025-03-07",
        "close": 3220.912842,
        "volume": 742991,
        "typical_volume": 327749.45,
        "trend": 3497.474105,
        "fair_value": 3050.692546,
        "relative_strength": -6.744845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.628787,
        "energy": 40.620581,
        "activity_lines": [
          3105.156559,
          3144.682564,
          3236.988809,
          3341.354039
        ]
      },
      {
        "date": "2025-03-14",
        "close": 3292.365234,
        "volume": 226804,
        "typical_volume": 312052.25,
        "trend": 3475.035213,
        "fair_value": 3060.939213,
        "relative_strength": -4.236888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.326823,
        "energy": 24.248701,
        "activity_lines": [
          3170.202913,
          3163.935289,
          3235.252658,
          3328.121209
        ]
      },
      {
        "date": "2025-03-21",
        "close": 3588.993164,
        "volume": 414106,
        "typical_volume": 313172.35,
        "trend": 3460.244784,
        "fair_value": 3072.543644,
        "relative_strength": -0.166738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.663966,
        "energy": 10.912641,
        "activity_lines": [
          3329.637158,
          3239.220619,
          3262.96925,
          3335.473335
        ]
      },
      {
        "date": "2025-03-28",
        "close": 3320.739746,
        "volume": 306955,
        "typical_volume": 307907.25,
        "trend": 3441.713729,
        "fair_value": 3081.979322,
        "relative_strength": -8.501742,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.534966,
        "energy": 20.416728,
        "activity_lines": [
          3352.625195,
          3259.903041,
          3264.393472,
          3326.47301
        ]
      },
      {
        "date": "2025-04-04",
        "close": 3081.647461,
        "volume": 284326,
        "typical_volume": 307905.4,
        "trend": 3417.729085,
        "fair_value": 3089.346356,
        "relative_strength": -12.70904,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.575339,
        "energy": 21.87556,
        "activity_lines": [
          3284.254606,
          3234.444345,
          3243.547891,
          3303.242928
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2992.491455,
        "volume": 276864,
        "typical_volume": 306352.05,
        "trend": 3387.361418,
        "fair_value": 3096.080611,
        "relative_strength": -14.840908,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.831173,
        "energy": 23.229182,
        "activity_lines": [
          3181.441195,
          3194.184575,
          3215.572726,
          3275.808242
        ]
      },
      {
        "date": "2025-04-18",
        "close": 3208.717285,
        "volume": 169423,
        "typical_volume": 288052.05,
        "trend": 3369.059839,
        "fair_value": 3104.474404,
        "relative_strength": -12.4848,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.511278,
        "energy": 26.669356,
        "activity_lines": [
          3165.931152,
          3200.090119,
          3209.863644,
          3264.282814
        ]
      },
      {
        "date": "2025-04-25",
        "close": 3168.132813,
        "volume": 283182,
        "typical_volume": 293710.4,
        "trend": 3348.11049,
        "fair_value": 3110.462374,
        "relative_strength": -14.109532,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.545225,
        "energy": 30.75842,
        "activity_lines": [
          3142.469483,
          3198.913517,
          3201.796025,
          3251.31978
        ]
      },
      {
        "date": "2025-05-02",
        "close": 3513.689697,
        "volume": 1591163,
        "typical_volume": 353563.95,
        "trend": 3338.360059,
        "fair_value": 3118.785845,
        "relative_strength": -5.69652,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.041453,
        "energy": 2.893505,
        "activity_lines": [
          3262.250798,
          3255.391517,
          3228.446449,
          3262.00231
        ]
      },
      {
        "date": "2025-05-09",
        "close": 3671.292969,
        "volume": 447996,
        "typical_volume": 358372.95,
        "trend": 3332.933643,
        "fair_value": 3130.005235,
        "relative_strength": 0.12699,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.877084,
        "energy": 33.088524,
        "activity_lines": [
          3421.703206,
          3333.836151,
          3270.142378,
          3283.481852
        ]
      },
      {
        "date": "2025-05-16",
        "close": 4051.960938,
        "volume": 704555,
        "typical_volume": 380671.2,
        "trend": 3336.730908,
        "fair_value": 3142.837567,
        "relative_strength": 6.399054,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 54.952767,
        "energy": 67.188958,
        "activity_lines": [
          3668.735238,
          3469.483909,
          3346.092684,
          3329.87071
        ]
      },
      {
        "date": "2025-05-23",
        "close": 3997.112061,
        "volume": 602798,
        "typical_volume": 404507.85,
        "trend": 3351.805216,
        "fair_value": 3155.145782,
        "relative_strength": 6.158382,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 77.595389,
        "energy": 83.056102,
        "activity_lines": [
          3826.853011,
          3580.049179,
          3413.652008,
          3372.475946
        ]
      },
      {
        "date": "2025-05-30",
        "close": 4154.51709,
        "volume": 325301,
        "typical_volume": 410713.5,
        "trend": 3375.866992,
        "fair_value": 3167.319269,
        "relative_strength": 11.039386,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.688789,
        "energy": 87.5379,
        "activity_lines": [
          3984.879476,
          3706.419966,
          3493.396416,
          3424.263808
        ]
      },
      {
        "date": "2025-06-06",
        "close": 4234.161621,
        "volume": 555482,
        "typical_volume": 421564.4,
        "trend": 3402.808154,
        "fair_value": 3180.658012,
        "relative_strength": 12.11244,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.206649,
        "energy": 90.185544,
        "activity_lines": [
          4103.695166,
          3836.989325,
          3576.506257,
          3479.637655
        ]
      },
      {
        "date": "2025-06-13",
        "close": 4103.536133,
        "volume": 156464,
        "typical_volume": 414841.85,
        "trend": 3427.340861,
        "fair_value": 3193.246607,
        "relative_strength": 10.41358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.89515,
        "energy": 83.328333,
        "activity_lines": [
          4130.937565,
          3927.200923,
          3642.126716,
          3524.845912
        ]
      },
      {
        "date": "2025-06-20",
        "close": 3894.357422,
        "volume": 306267,
        "typical_volume": 413322.4,
        "trend": 3445.691032,
        "fair_value": 3204.658767,
        "relative_strength": 3.703838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.268527,
        "energy": 66.672187,
        "activity_lines": [
          4059.637516,
          3960.800235,
          3683.328309,
          3554.976013
        ]
      },
      {
        "date": "2025-06-27",
        "close": 3865.495117,
        "volume": 192400,
        "typical_volume": 410356.8,
        "trend": 3457.037069,
        "fair_value": 3215.418301,
        "relative_strength": 1.391753,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.172501,
        "energy": 49.448174,
        "activity_lines": [
          3989.2236,
          3972.754293,
          3719.280958,
          3582.060147
        ]
      },
      {
        "date": "2025-07-04",
        "close": 3899.911865,
        "volume": 346666,
        "typical_volume": 421501.15,
        "trend": 3468.774658,
        "fair_value": 3225.701541,
        "relative_strength": 3.439125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.557967,
        "energy": 35.789974,
        "activity_lines": [
          3939.056396,
          3979.024525,
          3755.461626,
          3610.632715
        ]
      },
      {
        "date": "2025-07-11",
        "close": 4121.48877,
        "volume": 772588,
        "typical_volume": 447727.8,
        "trend": 3488.784945,
        "fair_value": 3236.927917,
        "relative_strength": 10.618069,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.618726,
        "energy": 36.244369,
        "activity_lines": [
          3979.721843,
          4012.276394,
          3807.905119,
          3652.743303
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4167.708496,
        "volume": 343556,
        "typical_volume": 452494.35,
        "trend": 3519.330135,
        "fair_value": 3248.233682,
        "relative_strength": 12.500204,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.866994,
        "energy": 44.209561,
        "activity_lines": [
          4043.305387,
          4042.880957,
          3860.104457,
          3696.544822
        ]
      },
      {
        "date": "2025-07-25",
        "close": 4000.087646,
        "volume": 428823,
        "typical_volume": 436785.95,
        "trend": 3539.771981,
        "fair_value": 3256.619958,
        "relative_strength": 8.610122,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.700862,
        "energy": 39.654814,
        "activity_lines": [
          4046.737158,
          4033.983265,
          3890.830747,
          3727.561436
        ]
      },
      {
        "date": "2025-08-01",
        "close": 4067.334229,
        "volume": 478059,
        "typical_volume": 449348.7,
        "trend": 3561.753817,
        "fair_value": 3265.153696,
        "relative_strength": 11.589997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.754028,
        "energy": 42.193509,
        "activity_lines": [
          4065.535775,
          4038.255376,
          3924.251116,
          3761.59771
        ]
      },
      {
        "date": "2025-08-08",
        "close": 3872.041016,
        "volume": 356095,
        "typical_volume": 446448.15,
        "trend": 3581.87627,
        "fair_value": 3271.368152,
        "relative_strength": 7.125932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.599694,
        "energy": 32.13135,
        "activity_lines": [
          4005.780713,
          4005.742862,
          3935.381803,
          3781.616239
        ]
      },
      {
        "date": "2025-08-15",
        "close": 3826.515869,
        "volume": 100100,
        "typical_volume": 436105.4,
        "trend": 3603.630094,
        "fair_value": 3277.5899,
        "relative_strength": 4.799237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 36.40239,
        "energy": 18.647184,
        "activity_lines": [
          3932.708659,
          3970.088978,
          3940.828916,
          3797.399439
        ]
      },
      {
        "date": "2025-08-22",
        "close": 3915.384521,
        "volume": 262606,
        "typical_volume": 435019.4,
        "trend": 3628.837964,
        "fair_value": 3283.999351,
        "relative_strength": 6.272769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.182479,
        "energy": 18.041322,
        "activity_lines": [
          3908.924349,
          3958.004772,
          3952.331251,
          3817.512628
        ]
      },
      {
        "date": "2025-08-29",
        "close": 3835.838867,
        "volume": 82363,
        "typical_volume": 425294.35,
        "trend": 3644.388411,
        "fair_value": 3289.091205,
        "relative_strength": 5.95597,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.462362,
        "energy": 16.529799,
        "activity_lines": [
          3875.446419,
          3934.878658,
          3952.287634,
          3830.867525
        ]
      },
      {
        "date": "2025-09-05",
        "close": 3750.937744,
        "volume": 181079,
        "typical_volume": 425877.15,
        "trend": 3661.918205,
        "fair_value": 3290.659092,
        "relative_strength": 2.313014,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.896371,
        "energy": 13.289006,
        "activity_lines": [
          3824.618034,
          3897.379949,
          3940.142255,
          3837.741675
        ]
      },
      {
        "date": "2025-09-12",
        "close": 3921.038086,
        "volume": 441221,
        "typical_volume": 433779.1,
        "trend": 3696.50057,
        "fair_value": 3293.924294,
        "relative_strength": 5.334434,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.168826,
        "energy": 11.165432,
        "activity_lines": [
          3851.582861,
          3892.891437,
          3941.614907,
          3854.459087
        ]
      },
      {
        "date": "2025-09-19",
        "close": 4106.511719,
        "volume": 225017,
        "typical_volume": 365471.8,
        "trend": 3728.523568,
        "fair_value": 3300.138096,
        "relative_strength": 9.156193,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.219468,
        "energy": 20.031717,
        "activity_lines": [
          3937.105762,
          3921.741291,
          3957.16645,
          3880.911419
        ]
      },
      {
        "date": "2025-09-26",
        "close": 3959.422119,
        "volume": 97319,
        "typical_volume": 347937.95,
        "trend": 3760.1448,
        "fair_value": 3305.583709,
        "relative_strength": 7.899017,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.913862,
        "energy": 17.919936,
        "activity_lines": [
          3954.932406,
          3924.119891,
          3955.886499,
          3895.8081
        ]
      },
      {
        "date": "2025-10-03",
        "close": 4251.22168,
        "volume": 449154,
        "typical_volume": 335167.9,
        "trend": 3794.488428,
        "fair_value": 3312.394057,
        "relative_strength": 14.460851,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 66.443133,
        "energy": 44.903507,
        "activity_lines": [
          4067.08973,
          3983.339981,
          3981.024938,
          3927.490479
        ]
      },
      {
        "date": "2025-10-10",
        "close": 4082.013672,
        "volume": 446146,
        "typical_volume": 327335.3,
        "trend": 3820.810042,
        "fair_value": 3318.688813,
        "relative_strength": 8.095664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.503664,
        "energy": 47.82646,
        "activity_lines": [
          4095.152197,
          4007.228906,
          3989.099469,
          3946.040495
        ]
      },
      {
        "date": "2025-10-17",
        "close": 3845.856689,
        "volume": 169313,
        "typical_volume": 319535.9,
        "trend": 3829.37216,
        "fair_value": 3324.428543,
        "relative_strength": 0.274865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.512085,
        "energy": 22.368734,
        "activity_lines": [
          4022.423942,
          3987.913299,
          3974.278564,
          3947.656408
        ]
      },
      {
        "date": "2025-10-24",
        "close": 3878.983887,
        "volume": 68073,
        "typical_volume": 295165.45,
        "trend": 3847.980298,
        "fair_value": 3332.312192,
        "relative_strength": 0.755092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 23.782372,
        "energy": 13.464126,
        "activity_lines": [
          3965.750179,
          3975.096897,
          3964.082443,
          3950.857164
        ]
      },
      {
        "date": "2025-10-31",
        "close": 3988.582275,
        "volume": 194587,
        "typical_volume": 297071.6,
        "trend": 3878.211458,
        "fair_value": 3339.758072,
        "relative_strength": 3.711314,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.306226,
        "energy": 13.876173,
        "activity_lines": [
          3960.777734,
          3981.253511,
          3966.015585,
          3959.928259
        ]
      },
      {
        "date": "2025-11-07",
        "close": 4045.116943,
        "volume": 1135227,
        "typical_volume": 338519.6,
        "trend": 3913.298975,
        "fair_value": 3347.384523,
        "relative_strength": 5.900526,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.619303,
        "energy": 16.660296,
        "activity_lines": [
          3972.706168,
          3996.358287,
          3973.880381,
          3970.696355
        ]
      },
      {
        "date": "2025-11-14",
        "close": 4052.754395,
        "volume": 227581,
        "typical_volume": 340278.65,
        "trend": 3941.433545,
        "fair_value": 3354.992288,
        "relative_strength": 4.211717,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.641113,
        "energy": 14.963846,
        "activity_lines": [
          4000.920736,
          4009.046635,
          3981.754651,
          3979.693479
        ]
      },
      {
        "date": "2025-11-21",
        "close": 3937.899414,
        "volume": 247594,
        "typical_volume": 335325.05,
        "trend": 3967.092432,
        "fair_value": 3361.977059,
        "relative_strength": 0.500102,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.409844,
        "energy": 9.439995,
        "activity_lines": [
          3992.800928,
          3995.364684,
          3977.798641,
          3979.465471
        ]
      },
      {
        "date": "2025-11-28",
        "close": 3867.577881,
        "volume": 385210,
        "typical_volume": 315956.15,
        "trend": 3978.888704,
        "fair_value": 3369.372109,
        "relative_strength": -1.821454,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -36.773287,
        "energy": 13.709773,
        "activity_lines": [
          3955.104427,
          3968.59043,
          3966.964448,
          3973.045177
        ]
      },
      {
        "date": "2025-12-05",
        "close": 3896.142822,
        "volume": 263542,
        "typical_volume": 311955.45,
        "trend": 3986.3837,
        "fair_value": 3377.34496,
        "relative_strength": -1.097529,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -43.113566,
        "energy": 22.983472,
        "activity_lines": [
          3927.689974,
          3951.354053,
          3960.059826,
          3967.706733
        ]
      },
      {
        "date": "2025-12-12",
        "close": 3800.033691,
        "volume": 382588,
        "typical_volume": 309643.7,
        "trend": 3977.986125,
        "fair_value": 3384.776508,
        "relative_strength": -3.066786,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.704255,
        "energy": 41.825249,
        "activity_lines": [
          3874.401774,
          3917.793821,
          3945.295123,
          3955.684152
        ]
      },
      {
        "date": "2025-12-19",
        "close": 3808.464355,
        "volume": 180737,
        "typical_volume": 294777.6,
        "trend": 3971.697868,
        "fair_value": 3392.366665,
        "relative_strength": -2.660156,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.021837,
        "energy": 49.323828,
        "activity_lines": [
          3840.262679,
          3893.969855,
          3932.285978,
          3944.747263
        ]
      },
      {
        "date": "2025-12-26",
        "close": 3772.758057,
        "volume": 205774,
        "typical_volume": 287261.55,
        "trend": 3958.972567,
        "fair_value": 3399.505767,
        "relative_strength": -3.88627,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.353234,
        "energy": 53.14234,
        "activity_lines": [
          3810.507487,
          3868.627459,
          3917.108947,
          3931.912437
        ]
      },
      {
        "date": "2026-01-02",
        "close": 3842.682861,
        "volume": 202872,
        "typical_volume": 292400.15,
        "trend": 3945.923275,
        "fair_value": 3407.454285,
        "relative_strength": -3.218421,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.623872,
        "energy": 48.170587,
        "activity_lines": [
          3815.069987,
          3857.32773,
          3909.064197,
          3924.409875
        ]
      },
      {
        "date": "2026-01-09",
        "close": 3734.671387,
        "volume": 412715,
        "typical_volume": 299905.6,
        "trend": 3933.627783,
        "fair_value": 3414.634712,
        "relative_strength": -3.648478,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.742353,
        "energy": 48.262614,
        "activity_lines": [
          3785.28833,
          3827.049569,
          3890.655655,
          3910.780721
        ]
      },
      {
        "date": "2026-01-16",
        "close": 3804.298584,
        "volume": 199177,
        "typical_volume": 305746.3,
        "trend": 3930.625822,
        "fair_value": 3422.459743,
        "relative_strength": -2.035073,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.269156,
        "energy": 37.588006,
        "activity_lines": [
          3789.480501,
          3814.047461,
          3879.738812,
          3902.436902
        ]
      },
      {
        "date": "2026-01-23",
        "close": 3586.887207,
        "volume": 219315,
        "typical_volume": 307658.1,
        "trend": 3921.338892,
        "fair_value": 3429.274941,
        "relative_strength": -5.329642,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.682809,
        "energy": 51.853217,
        "activity_lines": [
          3720.917887,
          3765.894527,
          3848.266317,
          3880.260217
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3592.541016,
        "volume": 231819,
        "typical_volume": 297188.0,
        "trend": 3911.093197,
        "fair_value": 3436.267256,
        "relative_strength": -6.181786,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.822833,
        "energy": 61.39823,
        "activity_lines": [
          3669.011686,
          3727.23987,
          3818.113472,
          3859.047451
        ]
      },
      {
        "date": "2026-02-06",
        "close": 3783.172363,
        "volume": 306666,
        "typical_volume": 301270.45,
        "trend": 3899.815983,
        "fair_value": 3443.5178,
        "relative_strength": -2.765964,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.804708,
        "energy": 44.558747,
        "activity_lines": [
          3692.663737,
          3729.524703,
          3807.680265,
          3850.794494
        ]
      },
      {
        "date": "2026-02-13",
        "close": 3741.316895,
        "volume": 251839,
        "typical_volume": 308996.45,
        "trend": 3885.60293,
        "fair_value": 3449.236843,
        "relative_strength": -3.260899,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.842417,
        "energy": 35.931054,
        "activity_lines": [
          3706.331332,
          3725.734095,
          3794.800535,
          3840.568746
        ]
      },
      {
        "date": "2026-02-20",
        "close": 3857.163574,
        "volume": 160848,
        "typical_volume": 294581.15,
        "trend": 3880.838794,
        "fair_value": 3455.759309,
        "relative_strength": -0.817368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.840431,
        "energy": 18.219673,
        "activity_lines": [
          3758.171452,
          3745.821538,
          3793.992418,
          3838.733949
        ]
      },
      {
        "date": "2026-02-27",
        "close": 4321.64209,
        "volume": 2139360,
        "typical_volume": 379241.85,
        "trend": 3889.315723,
        "fair_value": 3464.895541,
        "relative_strength": 12.353762,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 35.244199,
        "energy": 29.665649,
        "activity_lines": [
          3961.313412,
          3849.320894,
          3839.296817,
          3867.172872
        ]
      },
      {
        "date": "2026-03-06",
        "close": 4290.498047,
        "volume": 481338,
        "typical_volume": 394843.1,
        "trend": 3903.26429,
        "fair_value": 3474.278951,
        "relative_strength": 14.395865,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.947193,
        "energy": 40.067274,
        "activity_lines": [
          4105.090365,
          3937.827193,
          3880.494029,
          3893.055602
        ]
      },
      {
        "date": "2026-03-13",
        "close": 3799.339355,
        "volume": 351247,
        "typical_volume": 409001.8,
        "trend": 3902.358407,
        "fair_value": 3481.378379,
        "relative_strength": 6.756728,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 9.901422,
        "energy": 23.743494,
        "activity_lines": [
          4038.617285,
          3927.618457,
          3872.796883,
          3886.350768
        ]
      },
      {
        "date": "2026-03-20",
        "close": 4152.334961,
        "volume": 579758,
        "typical_volume": 428260.35,
        "trend": 3910.256755,
        "fair_value": 3490.699333,
        "relative_strength": 16.482211,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.580696,
        "energy": 36.342357,
        "activity_lines": [
          4088.731608,
          3982.378804,
          3899.097626,
          3902.478287
        ]
      },
      {
        "date": "2026-03-27",
        "close": 3952.578613,
        "volume": 256958,
        "typical_volume": 384346.9,
        "trend": 3914.148079,
        "fair_value": 3498.240848,
        "relative_strength": 11.864882,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 22.718252,
        "energy": 19.475303,
        "activity_lines": [
          4044.859277,
          3993.225932,
          3905.59418,
          3905.20873
        ]
      },
      {
        "date": "2026-04-03",
        "close": 3733.679443,
        "volume": 252965,
        "typical_volume": 385616.1,
        "trend": 3913.572803,
        "fair_value": 3503.312379,
        "relative_strength": 5.773114,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.750067,
        "energy": 11.488731,
        "activity_lines": [
          3921.659554,
          3961.57721,
          3891.683853,
          3893.565592
        ]
      },
      {
        "date": "2026-04-10",
        "close": 3873.628174,
        "volume": 705031,
        "typical_volume": 408487.95,
        "trend": 3911.992472,
        "fair_value": 3509.320809,
        "relative_strength": 3.252068,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.808542,
        "energy": 4.851765,
        "activity_lines": [
          3884.306917,
          3952.704763,
          3892.621381,
          3890.988519
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3969.836426,
        "volume": 392352,
        "typical_volume": 408845.05,
        "trend": 3907.436629,
        "fair_value": 3517.658377,
        "relative_strength": 4.134553,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.865597,
        "energy": 6.660211,
        "activity_lines": [
          3906.815023,
          3956.214049,
          3903.027653,
          3894.720387
        ]
      },
      {
        "date": "2026-04-24",
        "close": 4286.600098,
        "volume": 623787,
        "typical_volume": 426857.3,
        "trend": 3918.342562,
        "fair_value": 3527.783191,
        "relative_strength": 13.921475,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 58.848491,
        "energy": 24.399234,
        "activity_lines": [
          4023.544548,
          4013.922838,
          3943.114948,
          3919.182546
        ]
      },
      {
        "date": "2026-05-01",
        "close": 4124.799805,
        "volume": 612608,
        "typical_volume": 438358.3,
        "trend": 3914.128499,
        "fair_value": 3536.606893,
        "relative_strength": 8.800154,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.800929,
        "energy": 35.041361,
        "activity_lines": [
          4077.389632,
          4032.299152,
          3965.933372,
          3932.502368
        ]
      },
      {
        "date": "2026-05-08",
        "close": 4247.899902,
        "volume": 576240,
        "typical_volume": 458133.45,
        "trend": 3919.65804,
        "fair_value": 3546.076164,
        "relative_strength": 10.91179,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.532176,
        "energy": 49.706641,
        "activity_lines": [
          4160.78667,
          4068.191189,
          3998.929109,
          3954.036007
        ]
      },
      {
        "date": "2026-05-15",
        "close": 4029.600098,
        "volume": 257046,
        "typical_volume": 460697.05,
        "trend": 3925.782821,
        "fair_value": 3554.166402,
        "relative_strength": 7.471637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.853535,
        "energy": 45.108534,
        "activity_lines": [
          4137.135742,
          4065.733119,
          4009.041838,
          3961.129043
        ]
      },
      {
        "date": "2026-05-22",
        "close": 4072.100098,
        "volume": 247859,
        "typical_volume": 462946.4,
        "trend": 3932.220028,
        "fair_value": 3562.644156,
        "relative_strength": 8.115814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.275973,
        "energy": 32.130372,
        "activity_lines": [
          4117.253353,
          4075.745921,
          4021.979128,
          3970.568868
        ]
      },
      {
        "date": "2026-05-29",
        "close": 4128.700195,
        "volume": 354666,
        "typical_volume": 460043.95,
        "trend": 3936.890625,
        "fair_value": 3570.338636,
        "relative_strength": 10.31725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.049609,
        "energy": 26.030053,
        "activity_lines": [
          4109.420085,
          4091.090363,
          4039.214442,
          3983.245007
        ]
      },
      {
        "date": "2026-06-05",
        "close": 4035.300049,
        "volume": 81172,
        "typical_volume": 454143.7,
        "trend": 3936.563395,
        "fair_value": 3576.220758,
        "relative_strength": 8.613054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.273593,
        "energy": 15.905638,
        "activity_lines": [
          4080.980094,
          4089.882684,
          4045.678175,
          3989.594003
        ]
      },
      {
        "date": "2026-06-12",
        "close": 4055.699951,
        "volume": 61087,
        "typical_volume": 446232.3,
        "trend": 3936.66158,
        "fair_value": 3582.301819,
        "relative_strength": 7.904155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.5075,
        "energy": 15.630753,
        "activity_lines": [
          4065.306722,
          4090.880052,
          4052.984749,
          3997.280232
        ]
      },
      {
        "date": "2026-06-19",
        "close": 4329.899902,
        "volume": 259040,
        "typical_volume": 447593.35,
        "trend": 3949.728263,
        "fair_value": 3590.013611,
        "relative_strength": 12.982843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.217726,
        "energy": 35.32617,
        "activity_lines": [
          4153.846663,
          4135.877037,
          4084.173163,
          4022.650446
        ]
      },
      {
        "date": "2026-06-26",
        "close": 4157.600098,
        "volume": 0,
        "typical_volume": 432260.05,
        "trend": 3959.395671,
        "fair_value": 3597.291998,
        "relative_strength": 8.006385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.548912,
        "energy": 32.238758,
        "activity_lines": [
          4164.93335,
          4141.250937,
          4095.440839,
          4036.061532
        ]
      },
      {
        "date": "2026-07-03",
        "close": 4162.100098,
        "volume": 48965,
        "typical_volume": 422116.35,
        "trend": 3968.260913,
        "fair_value": 3605.03109,
        "relative_strength": 6.930817,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.297732,
        "energy": 36.869793,
        "activity_lines": [
          4171.820036,
          4144.029133,
          4105.354097,
          4049.139237
        ]
      },
      {
        "date": "2026-07-10",
        "close": 4085.0,
        "volume": 164449,
        "typical_volume": 422296.4,
        "trend": 3977.75979,
        "fair_value": 3611.826893,
        "relative_strength": 5.165756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.728433,
        "energy": 30.436576,
        "activity_lines": [
          4150.780029,
          4135.052766,
          4105.920759,
          4056.670791
        ]
      },
      {
        "date": "2026-07-17",
        "close": 4146.100098,
        "volume": 539712,
        "typical_volume": 342314.0,
        "trend": 3989.014315,
        "fair_value": 3619.063461,
        "relative_strength": 6.135886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.611587,
        "energy": 20.336244,
        "activity_lines": [
          4146.793392,
          4137.90914,
          4111.221543,
          4067.531456
        ]
      },
      {
        "date": "2026-07-24",
        "close": 4107.700195,
        "volume": 299063,
        "typical_volume": 333200.25,
        "trend": 4000.179053,
        "fair_value": 3626.161762,
        "relative_strength": 7.509122,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.519052,
        "energy": 13.957032,
        "activity_lines": [
          4123.980111,
          4135.634619,
          4113.701107,
          4075.18861
        ]
      },
      {
        "date": "2026-07-31",
        "close": 4078.899902,
        "volume": 406090,
        "typical_volume": 335942.4,
        "trend": 4008.052954,
        "fair_value": 3633.186772,
        "relative_strength": 4.036475,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.485051,
        "energy": 13.051017,
        "activity_lines": [
          4106.380045,
          4126.70368,
          4114.308252,
          4080.267374
        ]
      },
      {
        "date": "2026-08-07",
        "close": 4035.199951,
        "volume": 173833,
        "typical_volume": 315646.15,
        "trend": 4018.070573,
        "fair_value": 3639.994821,
        "relative_strength": 2.073649,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.337308,
        "energy": 10.172743,
        "activity_lines": [
          4079.46001,
          4109.703662,
          4109.422256,
          4082.018794
        ]
      }
    ],
    "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."
    }
  }
}