{
  "ticker": {
    "uuid": "289fcc15-184f-4600-b952-e7368f9b1a93",
    "symbol": "ED",
    "name": "Consolidated Edison, Inc.",
    "exchange": "VIE",
    "country": "AT",
    "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": "^ATX",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 78.92,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 29.03,
    "architecture_energy": 20.721,
    "architecture_maturity": 35.308,
    "architecture_confidence": 36.353,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 43.59,
        "rotation_up": 37.54,
        "upward_expansion": 63.48,
        "deceleration": 64.38,
        "rotation_down": 24.56,
        "downward_expansion": 15.82
      },
      "activity_lines": [
        96.090666,
        96.530728,
        95.095153,
        94.725971
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 93.279999,
    "trend_reference": 93.701137,
    "distance_from_trend": -0.004494,
    "trend_direction": "Improving",
    "fair_value": 84.58707,
    "distance_from_fair_value": 0.102769,
    "fair_value_direction": "Improving",
    "relative_strength": -14.585558,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.048836,
    "excess_performance": -0.125411,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.004494,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.045828,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.102769,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.03205,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.145856,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.011617,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.048836,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.00995,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 0.00995,
      "dry_up": 0.0,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.035387,
      "annualized_volatility": 0.228923,
      "from_high_reference": -0.077805,
      "from_low_reference": 0.189997
    },
    "levels": {
      "trend_reference": 93.701137,
      "fair_value_reference": 84.58707,
      "structural_low": 87.798752,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": -0.005496,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": 0.007953,
        "regime_survival": 0.642857,
        "best_return": 0.071349,
        "worst_return": -0.05777,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.014294,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.048395,
        "regime_survival": 0.428571,
        "best_return": 0.07362,
        "worst_return": -0.109358,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.013532,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.036703,
        "regime_survival": 0.6,
        "best_return": 0.148502,
        "worst_return": -0.092492,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.017609,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.098677,
        "regime_survival": 0.666667,
        "best_return": 0.138223,
        "worst_return": 0.001575,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.092425,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-03",
        "end": "2025-01-31",
        "tenure": "Developing",
        "return": 0.040516,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-02-21",
        "tenure": "New",
        "return": 0.031253,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-28",
        "end": "2025-03-14",
        "tenure": "New",
        "return": 0.007868,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-21",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": -0.028,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-09",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": -0.059711,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-06-13",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": -0.04441,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-25",
        "end": "2025-11-07",
        "tenure": "Established",
        "return": 0.001001,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-14",
        "end": "2025-11-21",
        "tenure": "New",
        "return": 0.031907,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "New",
        "return": -0.04213,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": 0.069505,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-23",
        "end": "2026-04-24",
        "tenure": "Established",
        "return": 0.069748,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-01",
        "end": "2026-07-03",
        "tenure": "Developing",
        "return": 0.078748,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.035168,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 73.807854,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.756432,
        "fair_value": 71.547229,
        "relative_strength": -4.75483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.810566,
        "energy": 51.776504,
        "activity_lines": [
          74.524028,
          74.923661,
          75.940562,
          76.471959
        ]
      },
      {
        "date": "2023-08-25",
        "close": 75.520126,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.72024,
        "fair_value": 71.583021,
        "relative_strength": -1.598565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.711508,
        "energy": 53.803896,
        "activity_lines": [
          74.575127,
          74.989109,
          75.805576,
          76.392197
        ]
      },
      {
        "date": "2023-09-01",
        "close": 73.897972,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.681367,
        "fair_value": 71.60369,
        "relative_strength": -5.400926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.370073,
        "energy": 52.815473,
        "activity_lines": [
          74.267835,
          74.783386,
          75.535037,
          76.210116
        ]
      },
      {
        "date": "2023-09-08",
        "close": 74.889282,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.672619,
        "fair_value": 71.632766,
        "relative_strength": -2.869205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.764463,
        "energy": 32.387107,
        "activity_lines": [
          74.533859,
          74.783583,
          75.378411,
          76.094497
        ]
      },
      {
        "date": "2023-09-15",
        "close": 78.133591,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.752447,
        "fair_value": 71.689791,
        "relative_strength": 0.458266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.034417,
        "energy": 10.916472,
        "activity_lines": [
          75.784474,
          75.343997,
          75.55355,
          76.188753
        ]
      },
      {
        "date": "2023-09-22",
        "close": 77.052155,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.792396,
        "fair_value": 71.73642,
        "relative_strength": 0.344438,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.113021,
        "energy": 12.113019,
        "activity_lines": [
          76.38527,
          75.656456,
          75.630082,
          76.208089
        ]
      },
      {
        "date": "2023-09-29",
        "close": 73.177017,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.723806,
        "fair_value": 71.748839,
        "relative_strength": -4.569201,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.894795,
        "energy": 22.107563,
        "activity_lines": [
          75.478068,
          75.209964,
          75.351721,
          75.974839
        ]
      },
      {
        "date": "2023-10-06",
        "close": 72.005463,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.588458,
        "fair_value": 71.751032,
        "relative_strength": -4.37277,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.885243,
        "energy": 30.519752,
        "activity_lines": [
          74.336554,
          74.642789,
          74.996932,
          75.67043
        ]
      },
      {
        "date": "2023-10-13",
        "close": 75.249763,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.449244,
        "fair_value": 71.780683,
        "relative_strength": -0.731059,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.740779,
        "energy": 32.050943,
        "activity_lines": [
          74.402641,
          74.766135,
          74.983008,
          75.584063
        ]
      },
      {
        "date": "2023-10-20",
        "close": 74.979401,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.37294,
        "fair_value": 71.807563,
        "relative_strength": 2.776161,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.794397,
        "energy": 39.846046,
        "activity_lines": [
          74.354576,
          74.807359,
          74.951698,
          75.489234
        ]
      },
      {
        "date": "2023-10-27",
        "close": 74.889282,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.284788,
        "fair_value": 71.833244,
        "relative_strength": 3.195168,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.435386,
        "energy": 28.595655,
        "activity_lines": [
          74.48675,
          74.810635,
          74.920604,
          75.393514
        ]
      },
      {
        "date": "2023-11-03",
        "close": 76.3312,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.179264,
        "fair_value": 71.870417,
        "relative_strength": -0.199557,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.890018,
        "energy": 7.925109,
        "activity_lines": [
          75.243755,
          75.056416,
          75.040739,
          75.396508
        ]
      },
      {
        "date": "2023-11-10",
        "close": 75.429993,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.093808,
        "fair_value": 71.899594,
        "relative_strength": -1.927277,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.332347,
        "energy": 10.963247,
        "activity_lines": [
          75.490078,
          75.123594,
          75.077407,
          75.348168
        ]
      },
      {
        "date": "2023-11-17",
        "close": 75.994995,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.971182,
        "fair_value": 71.93289,
        "relative_strength": -3.234834,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.976636,
        "energy": 10.394552,
        "activity_lines": [
          75.696434,
          75.265645,
          75.167315,
          75.341793
        ]
      },
      {
        "date": "2023-11-24",
        "close": 75.448929,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.850986,
        "fair_value": 71.961245,
        "relative_strength": -3.177708,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.701217,
        "energy": 11.500612,
        "activity_lines": [
          75.671086,
          75.288308,
          75.192185,
          75.3081
        ]
      },
      {
        "date": "2023-12-01",
        "close": 75.994995,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.71657,
        "fair_value": 71.993515,
        "relative_strength": -4.14881,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.49425,
        "energy": 12.826105,
        "activity_lines": [
          75.796457,
          75.459067,
          75.268401,
          75.317391
        ]
      },
      {
        "date": "2023-12-08",
        "close": 78.088272,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.634243,
        "fair_value": 72.041886,
        "relative_strength": -1.504717,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 39.243955,
        "energy": 37.662197,
        "activity_lines": [
          76.545874,
          76.029643,
          75.534768,
          75.470404
        ]
      },
      {
        "date": "2023-12-15",
        "close": 75.448929,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.525835,
        "fair_value": 72.068713,
        "relative_strength": -5.992194,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.738029,
        "energy": 23.337933,
        "activity_lines": [
          76.298371,
          76.031043,
          75.550563,
          75.458448
        ]
      },
      {
        "date": "2023-12-22",
        "close": 74.629814,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.446635,
        "fair_value": 72.088722,
        "relative_strength": -7.762971,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.322832,
        "energy": 5.919048,
        "activity_lines": [
          75.776568,
          75.820904,
          75.498311,
          75.40064
        ]
      },
      {
        "date": "2023-12-29",
        "close": 74.629814,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.373384,
        "fair_value": 72.10842,
        "relative_strength": -8.227037,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -9.074696,
        "energy": 4.70676,
        "activity_lines": [
          75.345777,
          75.622037,
          75.440376,
          75.347942
        ]
      },
      {
        "date": "2024-01-05",
        "close": 77.633209,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.367529,
        "fair_value": 72.150918,
        "relative_strength": -4.240424,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.846189,
        "energy": 20.239948,
        "activity_lines": [
          75.970725,
          75.975599,
          75.664497,
          75.493737
        ]
      },
      {
        "date": "2024-01-12",
        "close": 76.085991,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.342817,
        "fair_value": 72.180957,
        "relative_strength": -5.174016,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 31.004246,
        "energy": 13.269044,
        "activity_lines": [
          75.970719,
          75.997958,
          75.723047,
          75.540089
        ]
      },
      {
        "date": "2024-01-19",
        "close": 74.993866,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.332265,
        "fair_value": 72.202267,
        "relative_strength": -5.004784,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 20.449661,
        "energy": 9.385451,
        "activity_lines": [
          75.740158,
          75.826207,
          75.674892,
          75.517577
        ]
      },
      {
        "date": "2024-01-26",
        "close": 75.175888,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.39619,
        "fair_value": 72.224625,
        "relative_strength": -7.766268,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 22.222943,
        "energy": 11.255912,
        "activity_lines": [
          75.600607,
          75.695481,
          75.638853,
          75.507488
        ]
      },
      {
        "date": "2024-02-02",
        "close": 76.905106,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.449346,
        "fair_value": 72.259554,
        "relative_strength": -5.249846,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 49.554204,
        "energy": 19.782647,
        "activity_lines": [
          76.001058,
          75.894051,
          75.766136,
          75.604837
        ]
      },
      {
        "date": "2024-02-09",
        "close": 74.902855,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.477401,
        "fair_value": 72.279134,
        "relative_strength": -5.505313,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 8.635354,
        "energy": 6.265084,
        "activity_lines": [
          75.582406,
          75.7021,
          75.708579,
          75.56958
        ]
      },
      {
        "date": "2024-02-16",
        "close": 75.203476,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.375683,
        "fair_value": 72.300637,
        "relative_strength": -6.487688,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 10.231586,
        "energy": 6.700553,
        "activity_lines": [
          75.445984,
          75.584664,
          75.689887,
          75.551907
        ]
      },
      {
        "date": "2024-02-23",
        "close": 75.111526,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.294695,
        "fair_value": 72.321154,
        "relative_strength": -6.016711,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 7.303121,
        "energy": 8.763261,
        "activity_lines": [
          75.337747,
          75.50296,
          75.652789,
          75.534865
        ]
      },
      {
        "date": "2024-03-01",
        "close": 73.364746,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.2923,
        "fair_value": 72.328716,
        "relative_strength": -8.066758,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -29.423721,
        "energy": 31.918463,
        "activity_lines": [
          74.639405,
          75.109795,
          75.434539,
          75.410352
        ]
      },
      {
        "date": "2024-03-08",
        "close": 75.847015,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.360751,
        "fair_value": 72.354028,
        "relative_strength": -4.984029,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.494896,
        "energy": 18.511193,
        "activity_lines": [
          74.88923,
          75.190953,
          75.461673,
          75.44614
        ]
      },
      {
        "date": "2024-03-15",
        "close": 75.019592,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.401142,
        "fair_value": 72.373067,
        "relative_strength": -6.630933,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -19.225959,
        "energy": 19.504865,
        "activity_lines": [
          74.933786,
          75.099539,
          75.405872,
          75.42413
        ]
      },
      {
        "date": "2024-03-22",
        "close": 75.203476,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.390587,
        "fair_value": 72.393141,
        "relative_strength": -8.487037,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -16.807633,
        "energy": 13.266997,
        "activity_lines": [
          75.031854,
          75.089079,
          75.366964,
          75.411377
        ]
      },
      {
        "date": "2024-03-29",
        "close": 76.950241,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.492329,
        "fair_value": 72.425234,
        "relative_strength": -7.143066,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 16.838552,
        "energy": 12.8186,
        "activity_lines": [
          75.712177,
          75.412258,
          75.499785,
          75.512
        ]
      },
      {
        "date": "2024-04-05",
        "close": 76.14122,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.534061,
        "fair_value": 72.451219,
        "relative_strength": -8.648857,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 36.619726,
        "energy": 21.297677,
        "activity_lines": [
          76.000246,
          75.552773,
          75.548317,
          75.553864
        ]
      },
      {
        "date": "2024-04-12",
        "close": 76.784767,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.4891,
        "fair_value": 72.481314,
        "relative_strength": -7.392992,
        "stage": 3,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 56.1264,
        "energy": 37.931645,
        "activity_lines": [
          76.317732,
          75.792744,
          75.657442,
          75.634554
        ]
      },
      {
        "date": "2024-04-19",
        "close": 77.593796,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.507155,
        "fair_value": 72.516572,
        "relative_strength": -5.74783,
        "stage": 3,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 64.074236,
        "energy": 55.130729,
        "activity_lines": [
          76.842378,
          76.181999,
          75.837257,
          75.770341
        ]
      },
      {
        "date": "2024-04-26",
        "close": 80.388649,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 75.747542,
        "fair_value": 72.57049,
        "relative_strength": -2.534456,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.796721,
        "energy": 74.197623,
        "activity_lines": [
          78.127027,
          77.030483,
          76.275635,
          76.085276
        ]
      },
      {
        "date": "2024-05-03",
        "close": 81.436714,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.061917,
        "fair_value": 72.630805,
        "relative_strength": -2.259169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.332708,
        "energy": 85.314412,
        "activity_lines": [
          79.415354,
          77.975249,
          76.802875,
          76.45232
        ]
      },
      {
        "date": "2024-05-10",
        "close": 83.808655,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.347214,
        "fair_value": 72.706331,
        "relative_strength": -1.807011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.700285,
        "energy": 95.330971,
        "activity_lines": [
          81.195229,
          79.236273,
          77.5275,
          76.952109
        ]
      },
      {
        "date": "2024-05-17",
        "close": 82.597252,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.601142,
        "fair_value": 72.772713,
        "relative_strength": -4.648622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.949826,
        "energy": 90.740511,
        "activity_lines": [
          82.060141,
          80.087153,
          78.093045,
          77.355337
        ]
      },
      {
        "date": "2024-05-24",
        "close": 80.463188,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.786939,
        "fair_value": 72.823983,
        "relative_strength": -6.760978,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.026641,
        "energy": 83.345109,
        "activity_lines": [
          81.826199,
          80.42729,
          78.417406,
          77.604502
        ]
      },
      {
        "date": "2024-05-31",
        "close": 81.001358,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 76.942611,
        "fair_value": 72.878137,
        "relative_strength": -4.441208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.411088,
        "energy": 66.269069,
        "activity_lines": [
          81.580355,
          80.766301,
          78.779544,
          77.8764
        ]
      },
      {
        "date": "2024-06-07",
        "close": 78.885841,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 77.057806,
        "fair_value": 72.917662,
        "relative_strength": -5.941435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.225338,
        "energy": 38.447018,
        "activity_lines": [
          80.588491,
          80.615257,
          78.916799,
          78.001769
        ]
      },
      {
        "date": "2024-06-14",
        "close": 78.700279,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 77.147982,
        "fair_value": 72.955457,
        "relative_strength": -2.712726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.1505,
        "energy": 24.618892,
        "activity_lines": [
          79.704831,
          80.395282,
          79.017847,
          78.107735
        ]
      },
      {
        "date": "2024-06-21",
        "close": 78.774498,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 77.258834,
        "fair_value": 72.993243,
        "relative_strength": -3.951943,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.355442,
        "energy": 25.904186,
        "activity_lines": [
          79.186469,
          80.142272,
          79.109182,
          78.212672
        ]
      },
      {
        "date": "2024-06-28",
        "close": 77.178596,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 77.298288,
        "fair_value": 73.020245,
        "relative_strength": -6.218507,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.740351,
        "energy": 22.771523,
        "activity_lines": [
          78.39099,
          79.562922,
          79.039624,
          78.207495
        ]
      },
      {
        "date": "2024-07-05",
        "close": 76.287872,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 77.238274,
        "fair_value": 73.041191,
        "relative_strength": -9.50342,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.359475,
        "energy": 25.129774,
        "activity_lines": [
          77.517576,
          78.829171,
          78.874398,
          78.142307
        ]
      },
      {
        "date": "2024-07-12",
        "close": 78.366249,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 77.335518,
        "fair_value": 73.208028,
        "relative_strength": -6.801388,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.092253,
        "energy": 20.269365,
        "activity_lines": [
          77.651186,
          78.547866,
          78.901949,
          78.21508
        ]
      },
      {
        "date": "2024-07-19",
        "close": 80.240517,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 77.522542,
        "fair_value": 73.391533,
        "relative_strength": -3.470089,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.804669,
        "energy": 18.084375,
        "activity_lines": [
          78.444192,
          78.663164,
          79.092503,
          78.402499
        ]
      },
      {
        "date": "2024-07-26",
        "close": 82.764252,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 77.79369,
        "fair_value": 73.589947,
        "relative_strength": -0.298197,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.077224,
        "energy": 33.00589,
        "activity_lines": [
          79.975761,
          79.302198,
          79.490671,
          78.740674
        ]
      },
      {
        "date": "2024-08-02",
        "close": 85.937508,
        "volume": 193,
        "typical_volume": 9.65,
        "trend": 78.0705,
        "fair_value": 73.798971,
        "relative_strength": 7.639239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.312702,
        "energy": 76.849506,
        "activity_lines": [
          82.299098,
          80.515151,
          80.158114,
          79.266081
        ]
      },
      {
        "date": "2024-08-09",
        "close": 85.510704,
        "volume": 670,
        "typical_volume": 43.15,
        "trend": 78.384657,
        "fair_value": 73.997961,
        "relative_strength": 6.020164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.075267,
        "energy": 85.212065,
        "activity_lines": [
          83.896239,
          81.550971,
          80.73292,
          79.746095
        ]
      },
      {
        "date": "2024-08-16",
        "close": 85.124809,
        "volume": 0,
        "typical_volume": 43.15,
        "trend": 78.722355,
        "fair_value": 74.190444,
        "relative_strength": 3.645899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.46023,
        "energy": 84.748801,
        "activity_lines": [
          84.749894,
          82.434639,
          81.221891,
          80.180943
        ]
      },
      {
        "date": "2024-08-23",
        "close": 84.338356,
        "volume": 0,
        "typical_volume": 43.15,
        "trend": 79.02777,
        "fair_value": 74.38998,
        "relative_strength": 1.082063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.956593,
        "energy": 83.856973,
        "activity_lines": [
          84.890826,
          83.061881,
          81.597036,
          80.543266
        ]
      },
      {
        "date": "2024-08-30",
        "close": 85.611664,
        "volume": 0,
        "typical_volume": 43.15,
        "trend": 79.317989,
        "fair_value": 74.591685,
        "relative_strength": 1.530351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.002152,
        "energy": 81.260538,
        "activity_lines": [
          85.183006,
          83.818122,
          82.054414,
          80.968033
        ]
      },
      {
        "date": "2024-09-06",
        "close": 87.727608,
        "volume": 0,
        "typical_volume": 43.15,
        "trend": 79.745481,
        "fair_value": 74.806847,
        "relative_strength": 8.294252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.099004,
        "energy": 79.489197,
        "activity_lines": [
          85.990672,
          84.834768,
          82.671278,
          81.510589
        ]
      },
      {
        "date": "2024-09-13",
        "close": 87.877411,
        "volume": 0,
        "typical_volume": 43.15,
        "trend": 80.167945,
        "fair_value": 75.034527,
        "relative_strength": 7.850015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.1079,
        "energy": 75.460985,
        "activity_lines": [
          86.728933,
          85.686851,
          83.254152,
          82.03523
        ]
      },
      {
        "date": "2024-09-20",
        "close": 86.4543,
        "volume": 120,
        "typical_volume": 49.15,
        "trend": 80.546038,
        "fair_value": 75.253514,
        "relative_strength": 5.7742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.221214,
        "energy": 58.407536,
        "activity_lines": [
          86.835043,
          86.069468,
          83.665832,
          82.440801
        ]
      },
      {
        "date": "2024-09-27",
        "close": 87.465462,
        "volume": 0,
        "typical_volume": 49.15,
        "trend": 81.016062,
        "fair_value": 75.481122,
        "relative_strength": 5.982451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.755624,
        "energy": 58.679817,
        "activity_lines": [
          87.189575,
          86.488877,
          84.149919,
          82.887216
        ]
      },
      {
        "date": "2024-10-04",
        "close": 88.045952,
        "volume": 0,
        "typical_volume": 49.15,
        "trend": 81.422693,
        "fair_value": 75.704211,
        "relative_strength": 7.70665,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.055661,
        "energy": 56.488318,
        "activity_lines": [
          87.529129,
          86.882467,
          84.671878,
          83.340757
        ]
      },
      {
        "date": "2024-10-11",
        "close": 87.203308,
        "volume": 0,
        "typical_volume": 49.15,
        "trend": 81.828817,
        "fair_value": 75.918901,
        "relative_strength": 6.492848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.966646,
        "energy": 49.152894,
        "activity_lines": [
          87.425516,
          87.026818,
          85.087638,
          83.7137
        ]
      },
      {
        "date": "2024-10-18",
        "close": 91.453934,
        "volume": 0,
        "typical_volume": 49.15,
        "trend": 82.370499,
        "fair_value": 76.15506,
        "relative_strength": 11.246178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.720137,
        "energy": 62.839755,
        "activity_lines": [
          88.773732,
          87.920996,
          85.876125,
          84.334675
        ]
      },
      {
        "date": "2024-10-25",
        "close": 91.116875,
        "volume": 0,
        "typical_volume": 49.15,
        "trend": 82.84272,
        "fair_value": 76.387666,
        "relative_strength": 12.145527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.360859,
        "energy": 70.877259,
        "activity_lines": [
          89.77116,
          88.645831,
          86.582736,
          84.898958
        ]
      },
      {
        "date": "2024-11-01",
        "close": 87.165863,
        "volume": 0,
        "typical_volume": 49.15,
        "trend": 83.210208,
        "fair_value": 76.58435,
        "relative_strength": 8.872506,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.449604,
        "energy": 53.662064,
        "activity_lines": [
          89.140746,
          88.543354,
          86.854817,
          85.17787
        ]
      },
      {
        "date": "2024-11-08",
        "close": 86.154686,
        "volume": 108,
        "typical_volume": 54.55,
        "trend": 83.522539,
        "fair_value": 76.775836,
        "relative_strength": 6.890524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.226826,
        "energy": 40.183136,
        "activity_lines": [
          88.193246,
          88.205617,
          86.990284,
          85.367836
        ]
      },
      {
        "date": "2024-11-15",
        "close": 85.968948,
        "volume": 0,
        "typical_volume": 54.55,
        "trend": 83.80171,
        "fair_value": 76.960374,
        "relative_strength": 6.401693,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.346631,
        "energy": 23.212835,
        "activity_lines": [
          87.309917,
          87.824237,
          87.072918,
          85.525669
        ]
      },
      {
        "date": "2024-11-22",
        "close": 89.539963,
        "volume": 0,
        "typical_volume": 54.55,
        "trend": 84.106754,
        "fair_value": 77.153082,
        "relative_strength": 11.346268,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.176936,
        "energy": 25.415627,
        "activity_lines": [
          87.699218,
          88.124108,
          87.453789,
          85.895879
        ]
      },
      {
        "date": "2024-11-29",
        "close": 90.087898,
        "volume": 0,
        "typical_volume": 54.55,
        "trend": 84.395127,
        "fair_value": 77.349409,
        "relative_strength": 11.578603,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.994253,
        "energy": 27.79689,
        "activity_lines": [
          88.398761,
          88.493375,
          87.823739,
          86.281759
        ]
      },
      {
        "date": "2024-12-06",
        "close": 85.099823,
        "volume": 0,
        "typical_volume": 54.55,
        "trend": 84.438166,
        "fair_value": 77.499581,
        "relative_strength": 4.073552,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.97008,
        "energy": 14.077759,
        "activity_lines": [
          87.504212,
          87.889654,
          87.662818,
          86.327224
        ]
      },
      {
        "date": "2024-12-13",
        "close": 83.720528,
        "volume": 0,
        "typical_volume": 54.55,
        "trend": 84.475608,
        "fair_value": 77.632034,
        "relative_strength": 0.538291,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.415486,
        "energy": 4.751562,
        "activity_lines": [
          86.287633,
          87.078163,
          87.347395,
          86.280924
        ]
      },
      {
        "date": "2024-12-20",
        "close": 81.58548,
        "volume": 0,
        "typical_volume": 44.9,
        "trend": 84.513018,
        "fair_value": 77.752858,
        "relative_strength": -0.504333,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -14.343389,
        "energy": 23.637169,
        "activity_lines": [
          84.521649,
          85.957126,
          86.824081,
          86.094464
        ]
      },
      {
        "date": "2024-12-27",
        "close": 81.264267,
        "volume": 0,
        "typical_volume": 11.4,
        "trend": 84.521782,
        "fair_value": 77.868051,
        "relative_strength": -2.067827,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -34.046077,
        "energy": 52.867693,
        "activity_lines": [
          82.940826,
          84.87983,
          86.290899,
          85.884868
        ]
      },
      {
        "date": "2025-01-03",
        "close": 82.076721,
        "volume": 0,
        "typical_volume": 11.4,
        "trend": 84.628144,
        "fair_value": 77.986611,
        "relative_strength": -1.628073,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.877862,
        "energy": 57.756219,
        "activity_lines": [
          82.182533,
          84.135518,
          85.855314,
          85.727122
        ]
      },
      {
        "date": "2025-01-10",
        "close": 81.056435,
        "volume": 0,
        "typical_volume": 11.4,
        "trend": 84.706683,
        "fair_value": 78.112488,
        "relative_strength": -2.853003,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.480373,
        "energy": 64.743718,
        "activity_lines": [
          81.618223,
          83.370067,
          85.337074,
          85.496689
        ]
      },
      {
        "date": "2025-01-17",
        "close": 85.591057,
        "volume": 0,
        "typical_volume": 11.4,
        "trend": 84.933902,
        "fair_value": 78.266025,
        "relative_strength": -0.936316,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.705875,
        "energy": 38.656209,
        "activity_lines": [
          82.835013,
          83.540173,
          85.266332,
          85.553745
        ]
      },
      {
        "date": "2025-01-24",
        "close": 81.302063,
        "volume": 0,
        "typical_volume": 11.4,
        "trend": 85.07135,
        "fair_value": 78.385032,
        "relative_strength": -7.436392,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.982015,
        "energy": 30.814816,
        "activity_lines": [
          82.497437,
          82.940709,
          84.787211,
          85.319433
        ]
      },
      {
        "date": "2025-01-31",
        "close": 85.402122,
        "volume": 69,
        "typical_volume": 14.85,
        "trend": 85.375159,
        "fair_value": 78.525992,
        "relative_strength": -3.23028,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -38.462942,
        "energy": 21.751974,
        "activity_lines": [
          83.545442,
          83.171564,
          84.729171,
          85.340773
        ]
      },
      {
        "date": "2025-02-07",
        "close": 87.442703,
        "volume": 117,
        "typical_volume": 14.7,
        "trend": 85.677707,
        "fair_value": 78.685553,
        "relative_strength": -1.322959,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.738132,
        "energy": 16.899421,
        "activity_lines": [
          84.997783,
          83.848666,
          84.877258,
          85.474163
        ]
      },
      {
        "date": "2025-02-14",
        "close": 86.422417,
        "volume": 0,
        "typical_volume": 14.7,
        "trend": 85.883771,
        "fair_value": 78.834841,
        "relative_strength": -7.285188,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.623567,
        "energy": 17.071085,
        "activity_lines": [
          85.752296,
          84.388356,
          84.923469,
          85.522209
        ]
      },
      {
        "date": "2025-02-21",
        "close": 90.175545,
        "volume": 0,
        "typical_volume": 14.7,
        "trend": 86.130814,
        "fair_value": 78.995821,
        "relative_strength": -2.428731,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 35.6607,
        "energy": 34.304673,
        "activity_lines": [
          87.400121,
          85.586387,
          85.332087,
          85.799098
        ]
      },
      {
        "date": "2025-02-28",
        "close": 92.120949,
        "volume": 0,
        "typical_volume": 14.7,
        "trend": 86.336928,
        "fair_value": 79.139942,
        "relative_strength": -2.747246,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.173695,
        "energy": 58.103436,
        "activity_lines": [
          89.39078,
          87.020763,
          85.915841,
          86.185558
        ]
      },
      {
        "date": "2025-03-07",
        "close": 90.671425,
        "volume": 87,
        "typical_volume": 19.05,
        "trend": 86.508952,
        "fair_value": 79.269191,
        "relative_strength": -7.359703,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.690408,
        "energy": 58.094032,
        "activity_lines": [
          90.177006,
          88.000035,
          86.338128,
          86.465203
        ]
      },
      {
        "date": "2025-03-14",
        "close": 92.845711,
        "volume": 117,
        "typical_volume": 24.9,
        "trend": 86.766316,
        "fair_value": 79.427479,
        "relative_strength": -5.263451,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 75.362123,
        "energy": 76.772255,
        "activity_lines": [
          91.336707,
          89.203592,
          86.971216,
          86.874026
        ]
      },
      {
        "date": "2025-03-21",
        "close": 95.363304,
        "volume": 0,
        "typical_volume": 24.9,
        "trend": 87.133814,
        "fair_value": 79.578815,
        "relative_strength": -1.894375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.780573,
        "energy": 82.944847,
        "activity_lines": [
          92.975405,
          90.669095,
          87.835842,
          87.42867
        ]
      },
      {
        "date": "2025-03-28",
        "close": 96.126213,
        "volume": 0,
        "typical_volume": 19.5,
        "trend": 87.484299,
        "fair_value": 79.727653,
        "relative_strength": 0.766168,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.358295,
        "energy": 80.258606,
        "activity_lines": [
          94.272348,
          92.013182,
          88.734091,
          88.008825
        ]
      },
      {
        "date": "2025-04-04",
        "close": 97.127525,
        "volume": 323,
        "typical_volume": 35.65,
        "trend": 87.79763,
        "fair_value": 79.858178,
        "relative_strength": 12.571155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.590622,
        "energy": 79.795561,
        "activity_lines": [
          95.506349,
          93.347779,
          89.680219,
          88.630969
        ]
      },
      {
        "date": "2025-04-11",
        "close": 91.262672,
        "volume": 2356,
        "typical_volume": 153.45,
        "trend": 87.910472,
        "fair_value": 79.946237,
        "relative_strength": 6.835401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.783207,
        "energy": 49.880389,
        "activity_lines": [
          94.451628,
          93.328302,
          90.014654,
          88.85452
        ]
      },
      {
        "date": "2025-04-18",
        "close": 94.676689,
        "volume": 12,
        "typical_volume": 154.05,
        "trend": 88.184551,
        "fair_value": 80.0593,
        "relative_strength": 4.978141,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.127414,
        "energy": 46.102219,
        "activity_lines": [
          94.495496,
          93.823001,
          90.666029,
          89.29105
        ]
      },
      {
        "date": "2025-04-25",
        "close": 92.349823,
        "volume": 60,
        "typical_volume": 157.05,
        "trend": 88.347363,
        "fair_value": 80.162044,
        "relative_strength": -1.276892,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.074988,
        "energy": 33.410278,
        "activity_lines": [
          93.641677,
          93.763106,
          91.073948,
          89.559777
        ]
      },
      {
        "date": "2025-05-02",
        "close": 92.693123,
        "volume": 103,
        "typical_volume": 162.2,
        "trend": 88.502269,
        "fair_value": 80.271529,
        "relative_strength": -2.301197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.323118,
        "energy": 24.055674,
        "activity_lines": [
          93.10319,
          93.657858,
          91.480037,
          89.840149
        ]
      },
      {
        "date": "2025-05-09",
        "close": 91.167313,
        "volume": 0,
        "typical_volume": 162.2,
        "trend": 88.634403,
        "fair_value": 80.357008,
        "relative_strength": -8.036482,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.517953,
        "energy": 20.897027,
        "activity_lines": [
          92.284972,
          93.229417,
          91.698085,
          90.012087
        ]
      },
      {
        "date": "2025-05-16",
        "close": 89.207245,
        "volume": 0,
        "typical_volume": 162.2,
        "trend": 88.559513,
        "fair_value": 80.433312,
        "relative_strength": -12.455134,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.157744,
        "energy": 17.505567,
        "activity_lines": [
          91.210745,
          92.461938,
          91.683832,
          90.049045
        ]
      },
      {
        "date": "2025-05-23",
        "close": 89.053268,
        "volume": 88,
        "typical_volume": 166.6,
        "trend": 88.490726,
        "fair_value": 80.488153,
        "relative_strength": -11.434588,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.325224,
        "energy": 16.252478,
        "activity_lines": [
          90.222222,
          91.693084,
          91.61709,
          90.0809
        ]
      },
      {
        "date": "2025-05-30",
        "close": 87.956223,
        "volume": 0,
        "typical_volume": 166.6,
        "trend": 88.517071,
        "fair_value": 80.547055,
        "relative_strength": -13.228051,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.316335,
        "energy": 14.466434,
        "activity_lines": [
          89.242911,
          90.793721,
          91.412647,
          90.046416
        ]
      },
      {
        "date": "2025-06-06",
        "close": 85.723648,
        "volume": 0,
        "typical_volume": 166.6,
        "trend": 88.502703,
        "fair_value": 80.600974,
        "relative_strength": -15.690002,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -30.195697,
        "energy": 31.307078,
        "activity_lines": [
          87.812316,
          89.62311,
          90.962721,
          89.866195
        ]
      },
      {
        "date": "2025-06-13",
        "close": 87.109375,
        "volume": 0,
        "typical_volume": 166.6,
        "trend": 88.540718,
        "fair_value": 80.701087,
        "relative_strength": -12.312618,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.979493,
        "energy": 41.426054,
        "activity_lines": [
          87.308261,
          88.893587,
          90.644138,
          89.776303
        ]
      },
      {
        "date": "2025-06-20",
        "close": 84.93454,
        "volume": 0,
        "typical_volume": 163.15,
        "trend": 88.387203,
        "fair_value": 80.763305,
        "relative_strength": -13.929413,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.19198,
        "energy": 51.837207,
        "activity_lines": [
          86.349791,
          87.950787,
          90.090773,
          89.543646
        ]
      },
      {
        "date": "2025-06-27",
        "close": 80.488602,
        "volume": 0,
        "typical_volume": 157.3,
        "trend": 88.067227,
        "fair_value": 80.782782,
        "relative_strength": -19.774902,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.83935,
        "energy": 63.274144,
        "activity_lines": [
          84.194188,
          86.314692,
          89.116213,
          89.034059
        ]
      },
      {
        "date": "2025-07-04",
        "close": 81.008263,
        "volume": 0,
        "typical_volume": 157.3,
        "trend": 87.930842,
        "fair_value": 80.803549,
        "relative_strength": -18.47627,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.707999,
        "energy": 68.694935,
        "activity_lines": [
          82.782783,
          85.031046,
          88.224259,
          88.578642
        ]
      },
      {
        "date": "2025-07-11",
        "close": 82.547974,
        "volume": 0,
        "typical_volume": 157.3,
        "trend": 87.891756,
        "fair_value": 80.821822,
        "relative_strength": -18.569581,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.098064,
        "energy": 69.557161,
        "activity_lines": [
          82.347812,
          84.233558,
          87.504726,
          88.23136
        ]
      },
      {
        "date": "2025-07-18",
        "close": 83.240845,
        "volume": 0,
        "typical_volume": 157.3,
        "trend": 87.946935,
        "fair_value": 80.859605,
        "relative_strength": -17.69737,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.563045,
        "energy": 77.543128,
        "activity_lines": [
          82.35551,
          83.746503,
          86.887502,
          87.931301
        ]
      },
      {
        "date": "2025-07-25",
        "close": 83.45256,
        "volume": 0,
        "typical_volume": 152.95,
        "trend": 88.019878,
        "fair_value": 80.855968,
        "relative_strength": -18.813213,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.980819,
        "energy": 65.456019,
        "activity_lines": [
          82.691682,
          83.44206,
          86.332728,
          87.641342
        ]
      },
      {
        "date": "2025-08-01",
        "close": 87.244102,
        "volume": 0,
        "typical_volume": 147.1,
        "trend": 88.192124,
        "fair_value": 80.887897,
        "relative_strength": -12.511771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.715014,
        "energy": 31.30267,
        "activity_lines": [
          84.3905,
          83.931619,
          86.173428,
          87.591292
        ]
      },
      {
        "date": "2025-08-08",
        "close": 86.416512,
        "volume": 0,
        "typical_volume": 147.1,
        "trend": 88.370794,
        "fair_value": 80.908835,
        "relative_strength": -17.779744,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.54228,
        "energy": 23.614386,
        "activity_lines": [
          85.363087,
          84.3036,
          85.961985,
          87.476736
        ]
      },
      {
        "date": "2025-08-15",
        "close": 83.730431,
        "volume": 0,
        "typical_volume": 147.1,
        "trend": 88.308773,
        "fair_value": 80.88789,
        "relative_strength": -21.978657,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.656807,
        "energy": 26.967302,
        "activity_lines": [
          85.079765,
          84.215198,
          85.537329,
          87.177358
        ]
      },
      {
        "date": "2025-08-22",
        "close": 83.88588,
        "volume": 0,
        "typical_volume": 130.95,
        "trend": 88.3949,
        "fair_value": 80.873173,
        "relative_strength": -20.488416,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.082872,
        "energy": 25.552254,
        "activity_lines": [
          84.769428,
          84.1913,
          85.186504,
          86.89201
        ]
      },
      {
        "date": "2025-08-29",
        "close": 81.728981,
        "volume": 0,
        "typical_volume": 13.15,
        "trend": 88.272462,
        "fair_value": 80.840288,
        "relative_strength": -19.276698,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.136324,
        "energy": 42.74435,
        "activity_lines": [
          83.697123,
          83.833847,
          84.693316,
          86.461951
        ]
      },
      {
        "date": "2025-09-05",
        "close": 81.068314,
        "volume": 0,
        "typical_volume": 12.55,
        "trend": 88.059982,
        "fair_value": 80.798717,
        "relative_strength": -19.151237,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.935164,
        "energy": 65.890588,
        "activity_lines": [
          82.519501,
          83.414556,
          84.182606,
          85.997167
        ]
      },
      {
        "date": "2025-09-12",
        "close": 81.087746,
        "volume": 0,
        "typical_volume": 9.55,
        "trend": 87.88216,
        "fair_value": 80.775189,
        "relative_strength": -19.515476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.000515,
        "energy": 68.348767,
        "activity_lines": [
          81.760075,
          82.988258,
          83.738549,
          85.547345
        ]
      },
      {
        "date": "2025-09-19",
        "close": 79.591507,
        "volume": 97,
        "typical_volume": 9.25,
        "trend": 87.529359,
        "fair_value": 80.739621,
        "relative_strength": -20.196116,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.003635,
        "energy": 78.654674,
        "activity_lines": [
          80.857154,
          82.288471,
          83.205621,
          85.012464
        ]
      },
      {
        "date": "2025-09-26",
        "close": 82.681129,
        "volume": 0,
        "typical_volume": 9.25,
        "trend": 87.214698,
        "fair_value": 80.777277,
        "relative_strength": -17.093283,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.611594,
        "energy": 65.185182,
        "activity_lines": [
          81.260035,
          82.204188,
          83.029332,
          84.699675
        ]
      },
      {
        "date": "2025-10-03",
        "close": 81.709557,
        "volume": 0,
        "typical_volume": 9.25,
        "trend": 86.915969,
        "fair_value": 80.829406,
        "relative_strength": -19.311041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.959019,
        "energy": 45.757702,
        "activity_lines": [
          81.419375,
          81.953432,
          82.800922,
          84.344505
        ]
      },
      {
        "date": "2025-10-10",
        "close": 85.168365,
        "volume": 0,
        "typical_volume": 4.85,
        "trend": 86.660058,
        "fair_value": 80.908381,
        "relative_strength": -13.81468,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.251131,
        "energy": 21.849065,
        "activity_lines": [
          82.732947,
          82.363241,
          82.937626,
          84.231756
        ]
      },
      {
        "date": "2025-10-17",
        "close": 84.138481,
        "volume": 0,
        "typical_volume": 4.85,
        "trend": 86.285897,
        "fair_value": 80.968623,
        "relative_strength": -12.672012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.366295,
        "energy": 19.114848,
        "activity_lines": [
          83.429887,
          82.623538,
          82.994745,
          84.069074
        ]
      },
      {
        "date": "2025-10-24",
        "close": 83.808159,
        "volume": 0,
        "typical_volume": 4.85,
        "trend": 85.875295,
        "fair_value": 81.022741,
        "relative_strength": -14.066546,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.390864,
        "energy": 18.16379,
        "activity_lines": [
          83.813337,
          82.865197,
          83.038585,
          83.90922
        ]
      },
      {
        "date": "2025-10-31",
        "close": 81.418076,
        "volume": 0,
        "typical_volume": 4.85,
        "trend": 85.351647,
        "fair_value": 81.048462,
        "relative_strength": -18.397839,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.438117,
        "energy": 20.763311,
        "activity_lines": [
          83.118983,
          82.670881,
          82.86392,
          83.621657
        ]
      },
      {
        "date": "2025-11-07",
        "close": 83.536118,
        "volume": 0,
        "typical_volume": 4.85,
        "trend": 85.094095,
        "fair_value": 81.104899,
        "relative_strength": -14.795588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.68501,
        "energy": 11.390513,
        "activity_lines": [
          83.214847,
          82.906533,
          82.918074,
          83.504526
        ]
      },
      {
        "date": "2025-11-14",
        "close": 84.779732,
        "volume": 10,
        "typical_volume": 5.35,
        "trend": 84.764196,
        "fair_value": 81.145222,
        "relative_strength": -14.761525,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.674356,
        "energy": 3.480756,
        "activity_lines": [
          83.603477,
          83.33544,
          83.097326,
          83.484245
        ]
      },
      {
        "date": "2025-11-21",
        "close": 87.48484,
        "volume": 0,
        "typical_volume": 5.35,
        "trend": 84.60203,
        "fair_value": 81.181211,
        "relative_strength": -10.266206,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.579012,
        "energy": 30.341417,
        "activity_lines": [
          84.91972,
          84.188704,
          83.513774,
          83.65977
        ]
      },
      {
        "date": "2025-11-28",
        "close": 84.757675,
        "volume": 0,
        "typical_volume": 5.35,
        "trend": 84.337515,
        "fair_value": 81.20494,
        "relative_strength": -16.216088,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 15.292772,
        "energy": 30.096947,
        "activity_lines": [
          85.103816,
          84.429809,
          83.639651,
          83.669812
        ]
      },
      {
        "date": "2025-12-05",
        "close": 81.186867,
        "volume": 0,
        "typical_volume": 5.35,
        "trend": 84.004834,
        "fair_value": 81.208643,
        "relative_strength": -20.293869,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -9.185569,
        "energy": 11.105954,
        "activity_lines": [
          84.034342,
          83.927746,
          83.414929,
          83.466544
        ]
      },
      {
        "date": "2025-12-12",
        "close": 81.579269,
        "volume": 0,
        "typical_volume": 5.35,
        "trend": 83.750568,
        "fair_value": 81.22991,
        "relative_strength": -19.707001,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -38.138806,
        "energy": 15.534285,
        "activity_lines": [
          83.111083,
          83.524198,
          83.237359,
          83.310056
        ]
      },
      {
        "date": "2025-12-19",
        "close": 83.109612,
        "volume": 0,
        "typical_volume": 5.35,
        "trend": 83.552446,
        "fair_value": 81.257281,
        "relative_strength": -19.722716,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.217376,
        "energy": 22.243659,
        "activity_lines": [
          82.828395,
          83.401262,
          83.214457,
          83.268704
        ]
      },
      {
        "date": "2025-12-26",
        "close": 82.324814,
        "volume": 0,
        "typical_volume": 5.35,
        "trend": 83.364732,
        "fair_value": 81.276983,
        "relative_strength": -20.152867,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -38.917761,
        "energy": 28.909004,
        "activity_lines": [
          82.395449,
          83.173067,
          83.1365,
          83.189502
        ]
      },
      {
        "date": "2026-01-02",
        "close": 83.286194,
        "volume": 0,
        "typical_volume": 5.35,
        "trend": 83.283484,
        "fair_value": 81.293694,
        "relative_strength": -20.258359,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -43.375981,
        "energy": 24.721117,
        "activity_lines": [
          82.626964,
          83.152645,
          83.169587,
          83.184435
        ]
      },
      {
        "date": "2026-01-09",
        "close": 84.36528,
        "volume": 0,
        "typical_volume": 5.35,
        "trend": 83.192014,
        "fair_value": 81.333382,
        "relative_strength": -19.472481,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.600854,
        "energy": 12.853658,
        "activity_lines": [
          83.316274,
          83.337911,
          83.30756,
          83.254228
        ]
      },
      {
        "date": "2026-01-16",
        "close": 87.249405,
        "volume": 0,
        "typical_volume": 5.35,
        "trend": 83.269176,
        "fair_value": 81.414637,
        "relative_strength": -17.191429,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 65.780611,
        "energy": 46.319797,
        "activity_lines": [
          84.755064,
          83.993977,
          83.717928,
          83.515996
        ]
      },
      {
        "date": "2026-01-23",
        "close": 86.582329,
        "volume": 26,
        "typical_volume": 6.65,
        "trend": 83.472301,
        "fair_value": 81.478589,
        "relative_strength": -18.1056,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.144495,
        "energy": 57.481887,
        "activity_lines": [
          85.593487,
          84.461243,
          84.038478,
          83.729747
        ]
      },
      {
        "date": "2026-01-30",
        "close": 87.0532,
        "volume": 0,
        "typical_volume": 6.65,
        "trend": 83.673798,
        "fair_value": 81.555442,
        "relative_strength": -18.381471,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.665851,
        "energy": 67.834316,
        "activity_lines": [
          86.357352,
          84.981347,
          84.377615,
          83.960773
        ]
      },
      {
        "date": "2026-02-06",
        "close": 88.936707,
        "volume": 0,
        "typical_volume": 1.8,
        "trend": 83.886756,
        "fair_value": 81.643807,
        "relative_strength": -16.933532,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.094096,
        "energy": 76.866882,
        "activity_lines": [
          87.433827,
          85.851754,
          84.867727,
          84.300316
        ]
      },
      {
        "date": "2026-02-13",
        "close": 93.998619,
        "volume": 0,
        "typical_volume": 1.8,
        "trend": 84.245349,
        "fair_value": 81.760857,
        "relative_strength": -11.133233,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.503592,
        "energy": 87.911027,
        "activity_lines": [
          89.820906,
          87.566527,
          85.795425,
          84.952694
        ]
      },
      {
        "date": "2026-02-20",
        "close": 92.759888,
        "volume": 0,
        "typical_volume": 1.8,
        "trend": 84.555593,
        "fair_value": 81.86923,
        "relative_strength": -14.545564,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.602215,
        "energy": 87.705237,
        "activity_lines": [
          91.152851,
          88.823135,
          86.551256,
          85.502019
        ]
      },
      {
        "date": "2026-02-27",
        "close": 94.007515,
        "volume": 0,
        "typical_volume": 1.8,
        "trend": 84.78104,
        "fair_value": 81.989569,
        "relative_strength": -11.267845,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.938478,
        "energy": 91.804647,
        "activity_lines": [
          92.533307,
          90.103301,
          87.373288,
          86.11182
        ]
      },
      {
        "date": "2026-03-06",
        "close": 94.641228,
        "volume": 17,
        "typical_volume": 2.65,
        "trend": 85.055197,
        "fair_value": 82.108641,
        "relative_strength": -5.388289,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.06747,
        "energy": 91.213224,
        "activity_lines": [
          93.629987,
          91.300543,
          88.213582,
          86.747962
        ]
      },
      {
        "date": "2026-03-13",
        "close": 99.512909,
        "volume": 0,
        "typical_volume": 2.65,
        "trend": 85.58128,
        "fair_value": 82.237402,
        "relative_strength": 2.425827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.212725,
        "energy": 95.731422,
        "activity_lines": [
          95.844693,
          93.159611,
          89.467833,
          87.680717
        ]
      },
      {
        "date": "2026-03-20",
        "close": 94.245155,
        "volume": 0,
        "typical_volume": 2.65,
        "trend": 85.926589,
        "fair_value": 82.346227,
        "relative_strength": -1.285084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.218597,
        "energy": 79.555643,
        "activity_lines": [
          95.598401,
          93.765874,
          90.145608,
          88.239677
        ]
      },
      {
        "date": "2026-03-27",
        "close": 96.106689,
        "volume": 200,
        "typical_volume": 12.65,
        "trend": 86.405846,
        "fair_value": 82.465284,
        "relative_strength": -0.286711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.717438,
        "energy": 64.197649,
        "activity_lines": [
          95.956184,
          94.530964,
          90.939591,
          88.896457
        ]
      },
      {
        "date": "2026-04-03",
        "close": 99.116837,
        "volume": 0,
        "typical_volume": 12.15,
        "trend": 87.007463,
        "fair_value": 82.591052,
        "relative_strength": 0.125769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.78207,
        "energy": 68.235336,
        "activity_lines": [
          97.09423,
          95.682312,
          91.960395,
          89.716521
        ]
      },
      {
        "date": "2026-04-10",
        "close": 97.03746,
        "volume": 0,
        "typical_volume": 12.15,
        "trend": 87.539121,
        "fair_value": 82.713128,
        "relative_strength": -7.208496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.19585,
        "energy": 56.780075,
        "activity_lines": [
          97.198529,
          96.227691,
          92.714891,
          90.363618
        ]
      },
      {
        "date": "2026-04-17",
        "close": 90.997375,
        "volume": 0,
        "typical_volume": 12.15,
        "trend": 87.919316,
        "fair_value": 82.785715,
        "relative_strength": -14.271868,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.720359,
        "energy": 40.891354,
        "activity_lines": [
          95.129717,
          95.493341,
          92.848652,
          90.586731
        ]
      },
      {
        "date": "2026-04-24",
        "close": 92.621269,
        "volume": 0,
        "typical_volume": 12.15,
        "trend": 88.250654,
        "fair_value": 82.87268,
        "relative_strength": -8.99806,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.497762,
        "energy": 30.452701,
        "activity_lines": [
          94.169906,
          95.016777,
          93.107357,
          90.890083
        ]
      },
      {
        "date": "2026-05-01",
        "close": 92.839104,
        "volume": 0,
        "typical_volume": 12.15,
        "trend": 88.621639,
        "fair_value": 82.954805,
        "relative_strength": -8.78512,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.397234,
        "energy": 24.549587,
        "activity_lines": [
          93.390965,
          94.604863,
          93.332359,
          91.186112
        ]
      },
      {
        "date": "2026-05-08",
        "close": 88.878395,
        "volume": 0,
        "typical_volume": 12.15,
        "trend": 88.745307,
        "fair_value": 83.008141,
        "relative_strength": -13.423858,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.356304,
        "energy": 21.393653,
        "activity_lines": [
          91.509627,
          93.47138,
          93.126532,
          91.202677
        ]
      },
      {
        "date": "2026-05-15",
        "close": 91.379997,
        "volume": 0,
        "typical_volume": 12.15,
        "trend": 88.986691,
        "fair_value": 83.089415,
        "relative_strength": -10.180752,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.165901,
        "energy": 19.536663,
        "activity_lines": [
          91.144719,
          92.88599,
          93.131482,
          91.372657
        ]
      },
      {
        "date": "2026-05-22",
        "close": 92.68,
        "volume": 2,
        "typical_volume": 12.25,
        "trend": 89.282419,
        "fair_value": 83.189891,
        "relative_strength": -10.293582,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.978901,
        "energy": 16.335138,
        "activity_lines": [
          91.59031,
          92.596259,
          93.217122,
          91.610935
        ]
      },
      {
        "date": "2026-05-29",
        "close": 90.800003,
        "volume": 87,
        "typical_volume": 16.6,
        "trend": 89.595149,
        "fair_value": 83.279459,
        "relative_strength": -13.999,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.579482,
        "energy": 14.441944,
        "activity_lines": [
          91.29706,
          92.088945,
          93.078983,
          91.708844
        ]
      },
      {
        "date": "2026-06-05",
        "close": 92.120003,
        "volume": 0,
        "typical_volume": 16.6,
        "trend": 89.881279,
        "fair_value": 83.371197,
        "relative_strength": -11.411427,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.941934,
        "energy": 9.236664,
        "activity_lines": [
          91.565228,
          91.884271,
          93.035916,
          91.871737
        ]
      },
      {
        "date": "2026-06-12",
        "close": 92.800003,
        "volume": 0,
        "typical_volume": 15.3,
        "trend": 90.148621,
        "fair_value": 83.473586,
        "relative_strength": -12.73819,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.009281,
        "energy": 11.900697,
        "activity_lines": [
          92.108002,
          91.875718,
          93.034418,
          92.060042
        ]
      },
      {
        "date": "2026-06-19",
        "close": 92.720001,
        "volume": 0,
        "typical_volume": 15.3,
        "trend": 90.323127,
        "fair_value": 83.585186,
        "relative_strength": -15.891665,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.660222,
        "energy": 12.657604,
        "activity_lines": [
          92.362669,
          91.96747,
          92.995692,
          92.225938
        ]
      },
      {
        "date": "2026-06-26",
        "close": 97.800003,
        "volume": 0,
        "typical_volume": 15.3,
        "trend": 90.757871,
        "fair_value": 83.742506,
        "relative_strength": -9.297488,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.676975,
        "energy": 36.09065,
        "activity_lines": [
          94.221336,
          93.061359,
          93.413792,
          92.708317
        ]
      },
      {
        "date": "2026-07-03",
        "close": 100.150002,
        "volume": 0,
        "typical_volume": 15.3,
        "trend": 91.389976,
        "fair_value": 83.901734,
        "relative_strength": -9.042847,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 77.579488,
        "energy": 72.791942,
        "activity_lines": [
          96.522002,
          94.458836,
          94.013495,
          93.314261
        ]
      },
      {
        "date": "2026-07-10",
        "close": 96.68,
        "volume": 114,
        "typical_volume": 21.0,
        "trend": 91.893333,
        "fair_value": 84.046726,
        "relative_strength": -10.738477,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.198994,
        "energy": 68.634533,
        "activity_lines": [
          97.042668,
          95.088518,
          94.253429,
          93.655553
        ]
      },
      {
        "date": "2026-07-17",
        "close": 99.220001,
        "volume": 0,
        "typical_volume": 21.0,
        "trend": 92.430346,
        "fair_value": 84.181117,
        "relative_strength": -6.346383,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.576334,
        "energy": 79.178294,
        "activity_lines": [
          98.106001,
          96.110183,
          94.7166,
          94.128241
        ]
      },
      {
        "date": "2026-07-24",
        "close": 99.440002,
        "volume": 0,
        "typical_volume": 20.15,
        "trend": 93.000852,
        "fair_value": 84.321494,
        "relative_strength": -7.157104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.27179,
        "energy": 76.220533,
        "activity_lines": [
          98.814668,
          96.98382,
          95.175903,
          94.580477
        ]
      },
      {
        "date": "2026-07-31",
        "close": 95.379997,
        "volume": 0,
        "typical_volume": 20.15,
        "trend": 93.403979,
        "fair_value": 84.462157,
        "relative_strength": -10.477301,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.651222,
        "energy": 40.961035,
        "activity_lines": [
          97.722,
          96.972728,
          95.225688,
          94.73397
        ]
      },
      {
        "date": "2026-08-07",
        "close": 93.279999,
        "volume": 0,
        "typical_volume": 20.15,
        "trend": 93.701137,
        "fair_value": 84.58707,
        "relative_strength": -14.585558,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.029503,
        "energy": 20.72056,
        "activity_lines": [
          96.090666,
          96.530728,
          95.095153,
          94.725971
        ]
      }
    ],
    "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."
    }
  }
}