{
  "ticker": {
    "uuid": "2d546442-f48f-4f5b-b15b-c44797b48ffd",
    "symbol": "EASON",
    "name": "Eason & Co Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "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": "^SET.BK",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 71.277,
    "architecture_energy": 73.151,
    "architecture_maturity": 41.088,
    "architecture_confidence": 71.675,
    "architecture_tenure": "Established",
    "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": 1.73,
        "rotation_up": 77.24,
        "upward_expansion": 93.42,
        "deceleration": 41.83,
        "rotation_down": 12.12,
        "downward_expansion": 15.42
      },
      "activity_lines": [
        1.180667,
        1.159273,
        1.126805,
        1.101758
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 1.19,
    "trend_reference": 1.068609,
    "distance_from_trend": 0.113597,
    "trend_direction": "Improving",
    "fair_value": 1.062593,
    "distance_from_fair_value": 0.119901,
    "fair_value_direction": "Improving",
    "relative_strength": -3.507584,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.2058,
    "excess_performance": 0.013475,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.113597,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.039643,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.119901,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.104516,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.035076,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.098645,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.2058,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.005496,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 376000,
      "relative_activity": 0.499767,
      "balance": 3.005496,
      "dry_up": 1.158105,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.040724,
      "annualized_volatility": 0.114935,
      "from_high_reference": -0.038986,
      "from_low_reference": 0.24092
    },
    "levels": {
      "trend_reference": 1.068609,
      "fair_value_reference": 1.062593,
      "structural_low": 0.968276,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": -0.019541,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.037002,
        "regime_survival": 0.5,
        "best_return": 0.081818,
        "worst_return": -0.125,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.08918,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.09626,
        "regime_survival": 0.25,
        "best_return": 0.092753,
        "worst_return": -0.153846,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.105556,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.028968,
        "regime_survival": 0.2,
        "best_return": 0.051516,
        "worst_return": -0.165354,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.088196,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.010939,
        "regime_survival": 0.0,
        "best_return": -0.037893,
        "worst_return": -0.294444,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-12",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.071429,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-16",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.096492,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-06",
        "end": "2024-09-20",
        "tenure": "New",
        "return": 0.007999,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2024-10-11",
        "tenure": "New",
        "return": -0.023622,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-18",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.080645,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-05-23",
        "tenure": "Extended",
        "return": 0.053013,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-30",
        "end": "2025-06-06",
        "tenure": "New",
        "return": -0.033334,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2025-09-19",
        "tenure": "Established",
        "return": 0.025642,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-10-10",
        "tenure": "New",
        "return": -0.078261,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-17",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": 0.111112,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-21",
        "end": "2025-11-28",
        "tenure": "New",
        "return": -0.009009,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-05",
        "end": "2026-03-06",
        "tenure": "Established",
        "return": 0.018692,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-13",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.017856,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.111433,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1.134079,
        "volume": 19760600,
        "typical_volume": 4069890.0,
        "trend": 1.036113,
        "fair_value": 1.115278,
        "relative_strength": 13.240417,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.516678,
        "energy": 49.180873,
        "activity_lines": [
          1.056233,
          1.037396,
          1.027477,
          1.028877
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1.201283,
        "volume": 103006800,
        "typical_volume": 9138095.0,
        "trend": 1.04073,
        "fair_value": 1.1173,
        "relative_strength": 16.536883,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 57.984923,
        "energy": 70.997994,
        "activity_lines": [
          1.108317,
          1.069165,
          1.044554,
          1.039533
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1.201283,
        "volume": 20503800,
        "typical_volume": 10133235.0,
        "trend": 1.044281,
        "fair_value": 1.118923,
        "relative_strength": 16.202997,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 80.978761,
        "energy": 87.773161,
        "activity_lines": [
          1.14976,
          1.09788,
          1.06078,
          1.049891
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1.201283,
        "volume": 17100100,
        "typical_volume": 10819080.0,
        "trend": 1.048366,
        "fair_value": 1.120497,
        "relative_strength": 16.922885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.828375,
        "energy": 88.430459,
        "activity_lines": [
          1.179442,
          1.122929,
          1.076233,
          1.06002
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1.142479,
        "volume": 9734200,
        "typical_volume": 10928985.0,
        "trend": 1.051555,
        "fair_value": 1.121844,
        "relative_strength": 11.346148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.186138,
        "energy": 81.606887,
        "activity_lines": [
          1.177201,
          1.133468,
          1.085235,
          1.066092
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1.125678,
        "volume": 8738800,
        "typical_volume": 11295330.0,
        "trend": 1.054184,
        "fair_value": 1.123182,
        "relative_strength": 10.937246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.705546,
        "energy": 57.725319,
        "activity_lines": [
          1.1604,
          1.138355,
          1.091916,
          1.070874
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1.058474,
        "volume": 4480000,
        "typical_volume": 11382795.0,
        "trend": 1.053508,
        "fair_value": 1.124089,
        "relative_strength": 7.736468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.807569,
        "energy": 27.205899,
        "activity_lines": [
          1.121758,
          1.129038,
          1.091516,
          1.071151
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1.092076,
        "volume": 5198000,
        "typical_volume": 11408645.0,
        "trend": 1.053153,
        "fair_value": 1.125212,
        "relative_strength": 13.587966,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.433791,
        "energy": 22.762794,
        "activity_lines": [
          1.103837,
          1.125525,
          1.093996,
          1.073639
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1.117278,
        "volume": 7079300,
        "typical_volume": 11667180.0,
        "trend": 1.05497,
        "fair_value": 1.126646,
        "relative_strength": 15.03039,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.968001,
        "energy": 21.964448,
        "activity_lines": [
          1.101597,
          1.125373,
          1.098596,
          1.077776
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1.083675,
        "volume": 15571300,
        "typical_volume": 12405410.0,
        "trend": 1.056466,
        "fair_value": 1.127765,
        "relative_strength": 15.34914,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.031554,
        "energy": 19.99274,
        "activity_lines": [
          1.093756,
          1.117278,
          1.099556,
          1.079628
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1.066874,
        "volume": 7434400,
        "typical_volume": 12550185.0,
        "trend": 1.057668,
        "fair_value": 1.128627,
        "relative_strength": 14.170022,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.567747,
        "energy": 13.5339,
        "activity_lines": [
          1.084235,
          1.104753,
          1.098676,
          1.0803
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1.15088,
        "volume": 11167100,
        "typical_volume": 12844445.0,
        "trend": 1.061936,
        "fair_value": 1.129977,
        "relative_strength": 20.003882,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.401791,
        "energy": 16.888727,
        "activity_lines": [
          1.106637,
          1.108724,
          1.105637,
          1.086313
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1.176082,
        "volume": 16512700,
        "typical_volume": 13563700.0,
        "trend": 1.066512,
        "fair_value": 1.131489,
        "relative_strength": 24.544722,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.734332,
        "energy": 27.224444,
        "activity_lines": [
          1.131279,
          1.118194,
          1.114437,
          1.093678
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1.142479,
        "volume": 19472900,
        "typical_volume": 14401350.0,
        "trend": 1.070501,
        "fair_value": 1.131989,
        "relative_strength": 18.162713,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 47.42786,
        "energy": 28.023141,
        "activity_lines": [
          1.139119,
          1.122012,
          1.119198,
          1.098579
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1.125678,
        "volume": 20064400,
        "typical_volume": 14957550.0,
        "trend": 1.074995,
        "fair_value": 1.13253,
        "relative_strength": 17.360897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.348589,
        "energy": 39.792953,
        "activity_lines": [
          1.139679,
          1.123845,
          1.121638,
          1.102138
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1.108877,
        "volume": 6433000,
        "typical_volume": 15228705.0,
        "trend": 1.079195,
        "fair_value": 1.133014,
        "relative_strength": 16.454872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.288056,
        "energy": 30.299103,
        "activity_lines": [
          1.131839,
          1.122929,
          1.121878,
          1.104324
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1.100476,
        "volume": 5318000,
        "typical_volume": 15404375.0,
        "trend": 1.082835,
        "fair_value": 1.133244,
        "relative_strength": 14.981295,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.894273,
        "energy": 9.937911,
        "activity_lines": [
          1.118397,
          1.12079,
          1.120878,
          1.105697
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1.066874,
        "volume": 6899600,
        "typical_volume": 15582980.0,
        "trend": 1.083955,
        "fair_value": 1.13311,
        "relative_strength": 10.222167,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.01165,
        "energy": 8.966274,
        "activity_lines": [
          1.097116,
          1.111779,
          1.116397,
          1.104668
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1.092076,
        "volume": 8629900,
        "typical_volume": 15883760.0,
        "trend": 1.086195,
        "fair_value": 1.133286,
        "relative_strength": 11.205999,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.502723,
        "energy": 13.982334,
        "activity_lines": [
          1.091516,
          1.107808,
          1.114117,
          1.105192
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1.092076,
        "volume": 4276200,
        "typical_volume": 15869055.0,
        "trend": 1.088156,
        "fair_value": 1.133662,
        "relative_strength": 9.896488,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.339199,
        "energy": 13.820465,
        "activity_lines": [
          1.089276,
          1.104295,
          1.111477,
          1.105571
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1.134079,
        "volume": 6000600,
        "typical_volume": 15181055.0,
        "trend": 1.091516,
        "fair_value": 1.134108,
        "relative_strength": 12.60513,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.42583,
        "energy": 12.621571,
        "activity_lines": [
          1.103277,
          1.108266,
          1.112437,
          1.108534
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1.243286,
        "volume": 167696100,
        "typical_volume": 18415520.0,
        "trend": 1.098516,
        "fair_value": 1.135403,
        "relative_strength": 23.856497,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 67.18224,
        "energy": 43.105637,
        "activity_lines": [
          1.152,
          1.130871,
          1.123798,
          1.118325
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1.234886,
        "volume": 42777500,
        "typical_volume": 19529205.0,
        "trend": 1.106357,
        "fair_value": 1.136644,
        "relative_strength": 24.901952,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 66.840273,
        "energy": 59.900501,
        "activity_lines": [
          1.188403,
          1.150269,
          1.134159,
          1.127123
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1.201283,
        "volume": 22337500,
        "typical_volume": 19791075.0,
        "trend": 1.113357,
        "fair_value": 1.13762,
        "relative_strength": 21.971878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.00651,
        "energy": 60.942776,
        "activity_lines": [
          1.202403,
          1.162488,
          1.141159,
          1.133248
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1.209684,
        "volume": 22760200,
        "typical_volume": 20442375.0,
        "trend": 1.120358,
        "fair_value": 1.138551,
        "relative_strength": 20.683916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.230907,
        "energy": 65.594841,
        "activity_lines": [
          1.211924,
          1.175165,
          1.14896,
          1.139462
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1.218085,
        "volume": 12704300,
        "typical_volume": 20640650.0,
        "trend": 1.127078,
        "fair_value": 1.139685,
        "relative_strength": 20.41342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.90814,
        "energy": 59.572444,
        "activity_lines": [
          1.216405,
          1.187843,
          1.15724,
          1.145767
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1.167681,
        "volume": 23005700,
        "typical_volume": 21566935.0,
        "trend": 1.131279,
        "fair_value": 1.139698,
        "relative_strength": 14.972786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.931825,
        "energy": 32.210766,
        "activity_lines": [
          1.198483,
          1.18937,
          1.160281,
          1.148387
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1.167681,
        "volume": 4668600,
        "typical_volume": 21540465.0,
        "trend": 1.136039,
        "fair_value": 1.14011,
        "relative_strength": 13.417511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.450545,
        "energy": 22.500187,
        "activity_lines": [
          1.185602,
          1.189675,
          1.162801,
          1.150735
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1.058474,
        "volume": 14895600,
        "typical_volume": 21931280.0,
        "trend": 1.137439,
        "fair_value": 1.141416,
        "relative_strength": 4.838603,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 5.570227,
        "energy": 10.566113,
        "activity_lines": [
          1.140799,
          1.168292,
          1.15456,
          1.145731
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1.041672,
        "volume": 16929900,
        "typical_volume": 21999210.0,
        "trend": 1.138559,
        "fair_value": 1.142415,
        "relative_strength": 1.596461,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -26.802976,
        "energy": 27.729105,
        "activity_lines": [
          1.099916,
          1.144465,
          1.145,
          1.139553
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1.058474,
        "volume": 10403800,
        "typical_volume": 22147680.0,
        "trend": 1.136039,
        "fair_value": 1.143223,
        "relative_strength": 3.038429,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -30.960571,
        "energy": 36.878448,
        "activity_lines": [
          1.075835,
          1.124609,
          1.137239,
          1.134386
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1.033272,
        "volume": 8330500,
        "typical_volume": 22005850.0,
        "trend": 1.130439,
        "fair_value": 1.143571,
        "relative_strength": 0.699464,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.551041,
        "energy": 61.039078,
        "activity_lines": [
          1.053993,
          1.101546,
          1.127118,
          1.127756
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1.033272,
        "volume": 3517200,
        "typical_volume": 21356075.0,
        "trend": 1.124838,
        "fair_value": 1.14352,
        "relative_strength": 0.641353,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.733664,
        "energy": 64.26156,
        "activity_lines": [
          1.041113,
          1.082301,
          1.117558,
          1.121487
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1.016471,
        "volume": 7685700,
        "typical_volume": 20766715.0,
        "trend": 1.118678,
        "fair_value": 1.14371,
        "relative_strength": -1.056031,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.77119,
        "energy": 61.219322,
        "activity_lines": [
          1.031592,
          1.063667,
          1.107077,
          1.114496
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1.016471,
        "volume": 5296300,
        "typical_volume": 20028310.0,
        "trend": 1.114477,
        "fair_value": 1.1439,
        "relative_strength": -2.719477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.713086,
        "energy": 66.070344,
        "activity_lines": [
          1.024872,
          1.048393,
          1.097196,
          1.107902
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1.016471,
        "volume": 0,
        "typical_volume": 19706660.0,
        "trend": 1.110837,
        "fair_value": 1.14389,
        "relative_strength": 1.697355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.545467,
        "energy": 66.315276,
        "activity_lines": [
          1.019831,
          1.036632,
          1.087836,
          1.101579
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1.016471,
        "volume": 2161200,
        "typical_volume": 19548820.0,
        "trend": 1.109437,
        "fair_value": 1.143383,
        "relative_strength": -0.63928,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.571711,
        "energy": 65.141148,
        "activity_lines": [
          1.017591,
          1.028537,
          1.078915,
          1.09549
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1.016471,
        "volume": 5981900,
        "typical_volume": 19502935.0,
        "trend": 1.106917,
        "fair_value": 1.142427,
        "relative_strength": -1.617111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.013063,
        "energy": 61.806992,
        "activity_lines": [
          1.016471,
          1.023191,
          1.070395,
          1.089493
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1.042759,
        "volume": 1289000,
        "typical_volume": 19135890.0,
        "trend": 1.104433,
        "fair_value": 1.14169,
        "relative_strength": 0.460883,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.77399,
        "energy": 40.078649,
        "activity_lines": [
          1.025234,
          1.025375,
          1.064618,
          1.085353
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1.033996,
        "volume": 1301600,
        "typical_volume": 18987160.0,
        "trend": 1.102777,
        "fair_value": 1.141295,
        "relative_strength": -1.324903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.455921,
        "energy": 34.844529,
        "activity_lines": [
          1.029323,
          1.02625,
          1.058241,
          1.080809
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1.182962,
        "volume": 82512300,
        "typical_volume": 22812745.0,
        "trend": 1.106647,
        "fair_value": 1.140709,
        "relative_strength": 13.826429,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -1.580625,
        "energy": 12.732346,
        "activity_lines": [
          1.081899,
          1.05435,
          1.066328,
          1.085982
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1.182962,
        "volume": 6950000,
        "typical_volume": 14775440.0,
        "trend": 1.107716,
        "fair_value": 1.139177,
        "relative_strength": 14.826114,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 36.578003,
        "energy": 38.50733,
        "activity_lines": [
          1.123376,
          1.080186,
          1.074183,
          1.090906
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1.147911,
        "volume": 12103200,
        "typical_volume": 13241725.0,
        "trend": 1.106777,
        "fair_value": 1.136922,
        "relative_strength": 11.950371,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.159541,
        "energy": 37.047985,
        "activity_lines": [
          1.142069,
          1.096928,
          1.078986,
          1.093499
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1.104097,
        "volume": 12764200,
        "typical_volume": 12763060.0,
        "trend": 1.105498,
        "fair_value": 1.134586,
        "relative_strength": 9.336403,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.548955,
        "energy": 34.731951,
        "activity_lines": [
          1.137396,
          1.10362,
          1.080031,
          1.093326
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1.165436,
        "volume": 4457500,
        "typical_volume": 11847925.0,
        "trend": 1.106823,
        "fair_value": 1.132841,
        "relative_strength": 14.772566,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.246077,
        "energy": 48.45818,
        "activity_lines": [
          1.149079,
          1.11987,
          1.08738,
          1.097193
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1.121623,
        "volume": 8744400,
        "typical_volume": 11649930.0,
        "trend": 1.107248,
        "fair_value": 1.130816,
        "relative_strength": 10.36717,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.764504,
        "energy": 20.694241,
        "activity_lines": [
          1.137396,
          1.125447,
          1.090768,
          1.098148
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1.086572,
        "volume": 7557800,
        "typical_volume": 10877535.0,
        "trend": 1.106784,
        "fair_value": 1.128816,
        "relative_strength": 5.609821,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -0.702258,
        "energy": 6.124442,
        "activity_lines": [
          1.118118,
          1.122738,
          1.091276,
          1.096814
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1.104097,
        "volume": 4014200,
        "typical_volume": 10844815.0,
        "trend": 1.108025,
        "fair_value": 1.12623,
        "relative_strength": 5.286757,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -2.079093,
        "energy": 5.149175,
        "activity_lines": [
          1.111107,
          1.121941,
          1.09384,
          1.096641
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1.069047,
        "volume": 2615400,
        "typical_volume": 10230805.0,
        "trend": 1.107257,
        "fair_value": 1.123868,
        "relative_strength": 2.77007,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.18731,
        "energy": 14.335742,
        "activity_lines": [
          1.095335,
          1.113179,
          1.093369,
          1.094126
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1.042759,
        "volume": 7121600,
        "typical_volume": 9740390.0,
        "trend": 1.105614,
        "fair_value": 1.121487,
        "relative_strength": 0.676887,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -35.426418,
        "energy": 24.757594,
        "activity_lines": [
          1.073136,
          1.099159,
          1.090343,
          1.089965
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1.051521,
        "volume": 2587000,
        "typical_volume": 9349550.0,
        "trend": 1.102862,
        "fair_value": 1.119362,
        "relative_strength": 0.73491,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -43.172938,
        "energy": 27.723552,
        "activity_lines": [
          1.062037,
          1.086572,
          1.088147,
          1.086475
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1.025233,
        "volume": 6151100,
        "typical_volume": 9240580.0,
        "trend": 1.095593,
        "fair_value": 1.117914,
        "relative_strength": -0.891861,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.645146,
        "energy": 36.03905,
        "activity_lines": [
          1.046848,
          1.071596,
          1.083481,
          1.081467
        ]
      },
      {
        "date": "2024-08-16",
        "close": 0.998945,
        "volume": 4811900,
        "typical_volume": 9305315.0,
        "trend": 1.087728,
        "fair_value": 1.116746,
        "relative_strength": -3.919174,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.29317,
        "energy": 50.721082,
        "activity_lines": [
          1.026986,
          1.054708,
          1.076349,
          1.075231
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1.077809,
        "volume": 2256700,
        "typical_volume": 9033865.0,
        "trend": 1.083613,
        "fair_value": 1.115636,
        "relative_strength": -0.36398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.12412,
        "energy": 39.137053,
        "activity_lines": [
          1.040422,
          1.054867,
          1.076891,
          1.074591
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1.095335,
        "volume": 3829400,
        "typical_volume": 8960520.0,
        "trend": 1.079801,
        "fair_value": 1.114439,
        "relative_strength": 0.854268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.199939,
        "energy": 15.995174,
        "activity_lines": [
          1.059116,
          1.058691,
          1.078811,
          1.075348
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1.095335,
        "volume": 10410700,
        "typical_volume": 9481055.0,
        "trend": 1.075709,
        "fair_value": 1.112993,
        "relative_strength": -3.968528,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.579108,
        "energy": 7.957756,
        "activity_lines": [
          1.074304,
          1.063789,
          1.080355,
          1.07635
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1.104097,
        "volume": 5377600,
        "typical_volume": 9641875.0,
        "trend": 1.07359,
        "fair_value": 1.111453,
        "relative_strength": -3.059375,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.342391,
        "energy": 20.792311,
        "activity_lines": [
          1.089493,
          1.070958,
          1.082358,
          1.078181
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1.104097,
        "volume": 0,
        "typical_volume": 9342780.0,
        "trend": 1.07147,
        "fair_value": 1.109864,
        "relative_strength": -4.930972,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 42.400259,
        "energy": 30.45153,
        "activity_lines": [
          1.099424,
          1.077809,
          1.083943,
          1.08015
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1.11286,
        "volume": 9577100,
        "typical_volume": 9757185.0,
        "trend": 1.073283,
        "fair_value": 1.10838,
        "relative_strength": -4.185364,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.302644,
        "energy": 42.000034,
        "activity_lines": [
          1.105266,
          1.086253,
          1.085946,
          1.08282
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1.095335,
        "volume": 4338600,
        "typical_volume": 9909035.0,
        "trend": 1.075072,
        "fair_value": 1.106336,
        "relative_strength": -5.307168,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.58647,
        "energy": 36.487513,
        "activity_lines": [
          1.102929,
          1.090714,
          1.085946,
          1.084242
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1.086572,
        "volume": 3856200,
        "typical_volume": 5976230.0,
        "trend": 1.076009,
        "fair_value": 1.104485,
        "relative_strength": -7.647685,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.044516,
        "energy": 22.125132,
        "activity_lines": [
          1.097671,
          1.092626,
          1.084819,
          1.084984
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1.086572,
        "volume": 412600,
        "typical_volume": 5649360.0,
        "trend": 1.077785,
        "fair_value": 1.102484,
        "relative_strength": -8.771279,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.597374,
        "energy": 13.790746,
        "activity_lines": [
          1.092998,
          1.093901,
          1.084152,
          1.085666
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1.077809,
        "volume": 270100,
        "typical_volume": 5057705.0,
        "trend": 1.07927,
        "fair_value": 1.100726,
        "relative_strength": -7.803541,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.50831,
        "energy": 10.104321,
        "activity_lines": [
          1.086572,
          1.092467,
          1.083109,
          1.085667
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1.086572,
        "volume": 823400,
        "typical_volume": 4460665.0,
        "trend": 1.081607,
        "fair_value": 1.099423,
        "relative_strength": -6.948095,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.839637,
        "energy": 11.165817,
        "activity_lines": [
          1.084819,
          1.091192,
          1.083234,
          1.086139
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1.069047,
        "volume": 605800,
        "typical_volume": 4268080.0,
        "trend": 1.083359,
        "fair_value": 1.098008,
        "relative_strength": -8.223615,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.885803,
        "energy": 11.325012,
        "activity_lines": [
          1.078978,
          1.086572,
          1.081773,
          1.085328
        ]
      },
      {
        "date": "2024-11-15",
        "close": 0.998945,
        "volume": 12560600,
        "typical_volume": 4458890.0,
        "trend": 1.082775,
        "fair_value": 1.096541,
        "relative_strength": -12.688646,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -71.371578,
        "energy": 53.629186,
        "activity_lines": [
          1.051521,
          1.069684,
          1.074096,
          1.079882
        ]
      },
      {
        "date": "2024-11-22",
        "close": 0.98142,
        "volume": 2238000,
        "typical_volume": 4192900.0,
        "trend": 1.081607,
        "fair_value": 1.094713,
        "relative_strength": -14.173838,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.244436,
        "energy": 70.252212,
        "activity_lines": [
          1.024065,
          1.051362,
          1.065333,
          1.073343
        ]
      },
      {
        "date": "2024-11-29",
        "close": 0.963895,
        "volume": 2048300,
        "typical_volume": 4094605.0,
        "trend": 1.079854,
        "fair_value": 1.093022,
        "relative_strength": -14.331666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.539494,
        "energy": 76.489263,
        "activity_lines": [
          0.997777,
          1.032084,
          1.055402,
          1.065749
        ]
      },
      {
        "date": "2024-12-06",
        "close": 0.963895,
        "volume": 361700,
        "typical_volume": 3981920.0,
        "trend": 1.077225,
        "fair_value": 1.091231,
        "relative_strength": -15.498236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.352213,
        "energy": 80.414579,
        "activity_lines": [
          0.979083,
          1.015356,
          1.046139,
          1.058268
        ]
      },
      {
        "date": "2024-12-13",
        "close": 0.98142,
        "volume": 1400600,
        "typical_volume": 3695870.0,
        "trend": 1.075473,
        "fair_value": 1.089104,
        "relative_strength": -12.568181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.093229,
        "energy": 76.252092,
        "activity_lines": [
          0.97441,
          1.004522,
          1.039045,
          1.052087
        ]
      },
      {
        "date": "2024-12-20",
        "close": 0.963895,
        "volume": 1403300,
        "typical_volume": 3636685.0,
        "trend": 1.06817,
        "fair_value": 1.087164,
        "relative_strength": -9.782548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.710745,
        "energy": 69.408685,
        "activity_lines": [
          0.969737,
          0.992573,
          1.030574,
          1.044888
        ]
      },
      {
        "date": "2024-12-27",
        "close": 0.963895,
        "volume": 1405500,
        "typical_volume": 3399405.0,
        "trend": 1.060868,
        "fair_value": 1.085373,
        "relative_strength": -11.944366,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.481468,
        "energy": 56.329197,
        "activity_lines": [
          0.9674,
          0.982854,
          1.022521,
          1.038161
        ]
      },
      {
        "date": "2025-01-03",
        "close": 0.955132,
        "volume": 1651400,
        "typical_volume": 3241380.0,
        "trend": 1.054442,
        "fair_value": 1.083477,
        "relative_strength": -11.464939,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.86347,
        "energy": 49.513472,
        "activity_lines": [
          0.963311,
          0.973773,
          1.013925,
          1.031339
        ]
      },
      {
        "date": "2025-01-10",
        "close": 0.946369,
        "volume": 1348200,
        "typical_volume": 3195955.0,
        "trend": 1.049185,
        "fair_value": 1.081175,
        "relative_strength": -10.788348,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.801092,
        "energy": 49.679936,
        "activity_lines": [
          0.956885,
          0.965329,
          1.004704,
          1.024367
        ]
      },
      {
        "date": "2025-01-17",
        "close": 0.928844,
        "volume": 1044400,
        "typical_volume": 3056705.0,
        "trend": 1.041298,
        "fair_value": 1.07901,
        "relative_strength": -10.207235,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.959138,
        "energy": 50.162491,
        "activity_lines": [
          0.945785,
          0.956247,
          0.994439,
          1.016603
        ]
      },
      {
        "date": "2025-01-24",
        "close": 0.998945,
        "volume": 1801800,
        "typical_volume": 2626260.0,
        "trend": 1.037209,
        "fair_value": 1.077494,
        "relative_strength": -4.053476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.081146,
        "energy": 37.187442,
        "activity_lines": [
          0.961558,
          0.962461,
          0.991643,
          1.01387
        ]
      },
      {
        "date": "2025-01-31",
        "close": 0.98142,
        "volume": 296000,
        "typical_volume": 2372180.0,
        "trend": 1.033704,
        "fair_value": 1.076015,
        "relative_strength": -2.588782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.565867,
        "energy": 27.958501,
        "activity_lines": [
          0.969152,
          0.965488,
          0.987637,
          1.010271
        ]
      },
      {
        "date": "2025-02-07",
        "close": 0.937607,
        "volume": 1670300,
        "typical_volume": 2455695.0,
        "trend": 1.028154,
        "fair_value": 1.074304,
        "relative_strength": -4.234021,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.505578,
        "energy": 29.56479,
        "activity_lines": [
          0.960974,
          0.960549,
          0.980043,
          1.004071
        ]
      },
      {
        "date": "2025-02-14",
        "close": 0.963895,
        "volume": 1069900,
        "typical_volume": 2030335.0,
        "trend": 1.024649,
        "fair_value": 1.073012,
        "relative_strength": -0.564004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.992293,
        "energy": 22.68683,
        "activity_lines": [
          0.962726,
          0.960868,
          0.975745,
          0.999925
        ]
      },
      {
        "date": "2025-02-21",
        "close": 0.928844,
        "volume": 1172900,
        "typical_volume": 1872050.0,
        "trend": 1.020852,
        "fair_value": 1.071743,
        "relative_strength": -1.966976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.69028,
        "energy": 41.287924,
        "activity_lines": [
          0.951627,
          0.954813,
          0.968819,
          0.993744
        ]
      },
      {
        "date": "2025-02-28",
        "close": 0.928844,
        "volume": 1834700,
        "typical_volume": 1770975.0,
        "trend": 1.016763,
        "fair_value": 1.070475,
        "relative_strength": 1.499699,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.874508,
        "energy": 60.480779,
        "activity_lines": [
          0.940528,
          0.949715,
          0.962685,
          0.987808
        ]
      },
      {
        "date": "2025-03-07",
        "close": 0.893793,
        "volume": 2577000,
        "typical_volume": 1879195.0,
        "trend": 1.012381,
        "fair_value": 1.068683,
        "relative_strength": -2.173968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.955725,
        "energy": 69.850058,
        "activity_lines": [
          0.922418,
          0.938881,
          0.953964,
          0.979875
        ]
      },
      {
        "date": "2025-03-14",
        "close": 0.920081,
        "volume": 2087400,
        "typical_volume": 1970060.0,
        "trend": 1.009753,
        "fair_value": 1.06711,
        "relative_strength": 3.076006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.150841,
        "energy": 64.046351,
        "activity_lines": [
          0.918913,
          0.934102,
          0.948664,
          0.97392
        ]
      },
      {
        "date": "2025-03-21",
        "close": 0.937607,
        "volume": 465700,
        "typical_volume": 1952175.0,
        "trend": 1.005079,
        "fair_value": 1.065599,
        "relative_strength": 3.791782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.643517,
        "energy": 49.465209,
        "activity_lines": [
          0.922418,
          0.933146,
          0.945785,
          0.969265
        ]
      },
      {
        "date": "2025-03-28",
        "close": 0.928844,
        "volume": 1053400,
        "typical_volume": 1974555.0,
        "trend": 0.99953,
        "fair_value": 1.063733,
        "relative_strength": 3.692294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.66892,
        "energy": 37.115072,
        "activity_lines": [
          0.924755,
          0.930756,
          0.942781,
          0.964347
        ]
      },
      {
        "date": "2025-04-04",
        "close": 0.867505,
        "volume": 5758200,
        "typical_volume": 1634435.0,
        "trend": 0.991935,
        "fair_value": 1.061424,
        "relative_strength": 1.087011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.639997,
        "energy": 43.721243,
        "activity_lines": [
          0.906645,
          0.917213,
          0.934602,
          0.955829
        ]
      },
      {
        "date": "2025-04-11",
        "close": 0.84998,
        "volume": 2035400,
        "typical_volume": 1624305.0,
        "trend": 0.983465,
        "fair_value": 1.059301,
        "relative_strength": -1.320459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.174993,
        "energy": 47.743719,
        "activity_lines": [
          0.886783,
          0.902875,
          0.925381,
          0.946671
        ]
      },
      {
        "date": "2025-04-18",
        "close": 0.893793,
        "volume": 316300,
        "typical_volume": 1537705.0,
        "trend": 0.976454,
        "fair_value": 1.057459,
        "relative_strength": 1.721877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.782654,
        "energy": 43.100919,
        "activity_lines": [
          0.884446,
          0.898891,
          0.920958,
          0.940886
        ]
      },
      {
        "date": "2025-04-25",
        "close": 0.88503,
        "volume": 1745600,
        "typical_volume": 1606900.0,
        "trend": 0.96886,
        "fair_value": 1.05606,
        "relative_strength": -0.015778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.446948,
        "energy": 57.54955,
        "activity_lines": [
          0.880941,
          0.894112,
          0.916034,
          0.934987
        ]
      },
      {
        "date": "2025-05-02",
        "close": 0.893793,
        "volume": 816400,
        "typical_volume": 1577690.0,
        "trend": 0.962142,
        "fair_value": 1.054766,
        "relative_strength": -2.401305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.729046,
        "energy": 40.609606,
        "activity_lines": [
          0.883862,
          0.892359,
          0.91232,
          0.930144
        ]
      },
      {
        "date": "2025-05-09",
        "close": 0.921724,
        "volume": 2284900,
        "typical_volume": 1621770.0,
        "trend": 0.956647,
        "fair_value": 1.053751,
        "relative_strength": -0.348126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.047041,
        "energy": 23.475824,
        "activity_lines": [
          0.89843,
          0.896322,
          0.911684,
          0.927537
        ]
      },
      {
        "date": "2025-05-16",
        "close": 0.996207,
        "volume": 2449100,
        "typical_volume": 1673950.0,
        "trend": 0.953635,
        "fair_value": 1.053263,
        "relative_strength": 8.837244,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -0.643863,
        "energy": 11.282919,
        "activity_lines": [
          0.934211,
          0.913957,
          0.918342,
          0.930089
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1.033448,
        "volume": 2498300,
        "typical_volume": 1716295.0,
        "trend": 0.952156,
        "fair_value": 1.052765,
        "relative_strength": 14.735564,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 40.359416,
        "energy": 39.028458,
        "activity_lines": [
          0.972657,
          0.936501,
          0.928393,
          0.935238
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1.117242,
        "volume": 3636400,
        "typical_volume": 1830705.0,
        "trend": 0.953179,
        "fair_value": 1.052654,
        "relative_strength": 26.676011,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 60.829344,
        "energy": 72.742718,
        "activity_lines": [
          1.029724,
          0.972219,
          0.946051,
          0.945889
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1.08,
        "volume": 3029600,
        "typical_volume": 1929965.0,
        "trend": 0.953544,
        "fair_value": 1.052205,
        "relative_strength": 23.551639,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 74.634006,
        "energy": 86.214458,
        "activity_lines": [
          1.058897,
          0.9979,
          0.959349,
          0.954071
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1.08931,
        "volume": 3207200,
        "typical_volume": 2000235.0,
        "trend": 0.956556,
        "fair_value": 1.052364,
        "relative_strength": 25.747038,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.365983,
        "energy": 85.348512,
        "activity_lines": [
          1.078759,
          1.022525,
          0.972814,
          0.96283
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1.07069,
        "volume": 2250400,
        "typical_volume": 2097955.0,
        "trend": 0.959532,
        "fair_value": 1.052603,
        "relative_strength": 29.615088,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.606752,
        "energy": 80.784633,
        "activity_lines": [
          1.081241,
          1.039732,
          0.984075,
          0.970193
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1.061379,
        "volume": 3538000,
        "typical_volume": 2191340.0,
        "trend": 0.962781,
        "fair_value": 1.052682,
        "relative_strength": 26.360393,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.038053,
        "energy": 57.035325,
        "activity_lines": [
          1.075655,
          1.051233,
          0.994024,
          0.976764
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1.07069,
        "volume": 1306200,
        "typical_volume": 2203155.0,
        "trend": 0.966341,
        "fair_value": 1.05322,
        "relative_strength": 22.809402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.160555,
        "energy": 49.039981,
        "activity_lines": [
          1.07131,
          1.061379,
          1.004271,
          0.983726
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1.098621,
        "volume": 1508300,
        "typical_volume": 2219925.0,
        "trend": 0.970248,
        "fair_value": 1.054136,
        "relative_strength": 25.411403,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.896856,
        "energy": 49.878541,
        "activity_lines": [
          1.079379,
          1.073229,
          1.016669,
          0.99226
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1.163793,
        "volume": 3703500,
        "typical_volume": 2313365.0,
        "trend": 0.976911,
        "fair_value": 1.05527,
        "relative_strength": 22.979732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.385748,
        "energy": 58.728436,
        "activity_lines": [
          1.107931,
          1.093204,
          1.034465,
          1.004747
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1.126552,
        "volume": 469000,
        "typical_volume": 2207965.0,
        "trend": 0.982333,
        "fair_value": 1.056166,
        "relative_strength": 17.641771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.983327,
        "energy": 57.376796,
        "activity_lines": [
          1.119104,
          1.102006,
          1.047596,
          1.014401
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1.154483,
        "volume": 356300,
        "typical_volume": 2121410.0,
        "trend": 0.988978,
        "fair_value": 1.056892,
        "relative_strength": 20.011152,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.72427,
        "energy": 66.886472,
        "activity_lines": [
          1.135862,
          1.113517,
          1.062279,
          1.025508
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1.163793,
        "volume": 1517700,
        "typical_volume": 2174010.0,
        "trend": 0.996225,
        "fair_value": 1.057578,
        "relative_strength": 16.683863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.747421,
        "energy": 67.831839,
        "activity_lines": [
          1.149517,
          1.12452,
          1.076732,
          1.036786
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1.163793,
        "volume": 1174100,
        "typical_volume": 2180045.0,
        "trend": 1.004057,
        "fair_value": 1.057815,
        "relative_strength": 16.207331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.09302,
        "energy": 61.052772,
        "activity_lines": [
          1.156966,
          1.134677,
          1.090108,
          1.047597
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1.210345,
        "volume": 5213200,
        "typical_volume": 2152795.0,
        "trend": 1.011104,
        "fair_value": 1.058249,
        "relative_strength": 20.939436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.085852,
        "energy": 67.966109,
        "activity_lines": [
          1.175586,
          1.151774,
          1.106799,
          1.060906
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1.191724,
        "volume": 3217900,
        "typical_volume": 2211920.0,
        "trend": 1.018114,
        "fair_value": 1.058615,
        "relative_strength": 20.237774,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.760684,
        "energy": 66.478086,
        "activity_lines": [
          1.184897,
          1.163285,
          1.120084,
          1.072559
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1.191724,
        "volume": 722500,
        "typical_volume": 2232230.0,
        "trend": 1.026584,
        "fair_value": 1.059134,
        "relative_strength": 17.066381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.602708,
        "energy": 62.015851,
        "activity_lines": [
          1.189862,
          1.172596,
          1.131742,
          1.08376
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1.154483,
        "volume": 2502800,
        "typical_volume": 2270090.0,
        "trend": 1.032937,
        "fair_value": 1.059517,
        "relative_strength": 10.571613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.997,
        "energy": 52.214182,
        "activity_lines": [
          1.179931,
          1.172765,
          1.138434,
          1.092011
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1.117242,
        "volume": 3254200,
        "typical_volume": 2391980.0,
        "trend": 1.039217,
        "fair_value": 1.059507,
        "relative_strength": 6.815411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.813438,
        "energy": 35.165881,
        "activity_lines": [
          1.158207,
          1.16464,
          1.140296,
          1.09745
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1.07069,
        "volume": 2111100,
        "typical_volume": 2383290.0,
        "trend": 1.043945,
        "fair_value": 1.059712,
        "relative_strength": 3.312244,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.955514,
        "energy": 19.733833,
        "activity_lines": [
          1.124069,
          1.147712,
          1.13666,
          1.099481
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1.042759,
        "volume": 2606800,
        "typical_volume": 2391175.0,
        "trend": 1.048911,
        "fair_value": 1.059071,
        "relative_strength": -0.651828,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.894098,
        "energy": 24.585553,
        "activity_lines": [
          1.089931,
          1.127398,
          1.129655,
          1.099404
        ]
      },
      {
        "date": "2025-10-10",
        "close": 0.986897,
        "volume": 1106100,
        "typical_volume": 2321565.0,
        "trend": 1.051138,
        "fair_value": 1.058278,
        "relative_strength": -5.551706,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -43.326271,
        "energy": 47.571263,
        "activity_lines": [
          1.047104,
          1.098452,
          1.117109,
          1.095403
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1.005517,
        "volume": 161900,
        "typical_volume": 2147840.0,
        "trend": 1.053402,
        "fair_value": 1.057808,
        "relative_strength": -2.972681,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.678652,
        "energy": 64.241775,
        "activity_lines": [
          1.024138,
          1.075938,
          1.106557,
          1.09246
        ]
      },
      {
        "date": "2025-10-24",
        "close": 0.986897,
        "volume": 501200,
        "typical_volume": 2021420.0,
        "trend": 1.055337,
        "fair_value": 1.057168,
        "relative_strength": -7.649759,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.993592,
        "energy": 71.43131,
        "activity_lines": [
          1.004897,
          1.052916,
          1.094764,
          1.088169
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1.005517,
        "volume": 768700,
        "typical_volume": 1899495.0,
        "trend": 1.059937,
        "fair_value": 1.056442,
        "relative_strength": -5.647947,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.456835,
        "energy": 67.04725,
        "activity_lines": [
          1.000552,
          1.036495,
          1.085187,
          1.084955
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1.005517,
        "volume": 254800,
        "typical_volume": 1799715.0,
        "trend": 1.065122,
        "fair_value": 1.056229,
        "relative_strength": -5.264451,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.250666,
        "energy": 62.270466,
        "activity_lines": [
          1.000552,
          1.023799,
          1.07601,
          1.081444
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1.117242,
        "volume": 1370400,
        "typical_volume": 1691335.0,
        "trend": 1.07257,
        "fair_value": 1.056834,
        "relative_strength": 7.57558,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -4.096837,
        "energy": 17.638858,
        "activity_lines": [
          1.040276,
          1.034803,
          1.077783,
          1.084807
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1.033448,
        "volume": 366500,
        "typical_volume": 1644350.0,
        "trend": 1.077517,
        "fair_value": 1.056954,
        "relative_strength": 0.343492,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -12.209958,
        "energy": 13.877037,
        "activity_lines": [
          1.043379,
          1.031925,
          1.07131,
          1.082283
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1.024138,
        "volume": 659800,
        "typical_volume": 1601925.0,
        "trend": 1.081862,
        "fair_value": 1.056962,
        "relative_strength": -1.065474,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -39.922058,
        "energy": 22.836907,
        "activity_lines": [
          1.041517,
          1.029555,
          1.064128,
          1.078839
        ]
      },
      {
        "date": "2025-12-05",
        "close": 0.996207,
        "volume": 364000,
        "typical_volume": 1434950.0,
        "trend": 1.084345,
        "fair_value": 1.056791,
        "relative_strength": -5.315486,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.061943,
        "energy": 25.779807,
        "activity_lines": [
          1.027862,
          1.023799,
          1.054641,
          1.073313
        ]
      },
      {
        "date": "2025-12-12",
        "close": 0.996207,
        "volume": 158300,
        "typical_volume": 1419415.0,
        "trend": 1.084345,
        "fair_value": 1.056723,
        "relative_strength": -4.073504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.430837,
        "energy": 47.471175,
        "activity_lines": [
          1.014828,
          1.019398,
          1.045951,
          1.067626
        ]
      },
      {
        "date": "2025-12-19",
        "close": 0.977586,
        "volume": 1820600,
        "typical_volume": 1492630.0,
        "trend": 1.082483,
        "fair_value": 1.056587,
        "relative_strength": -5.885983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.999325,
        "energy": 62.057009,
        "activity_lines": [
          0.996207,
          1.012458,
          1.036108,
          1.060739
        ]
      },
      {
        "date": "2025-12-26",
        "close": 0.996207,
        "volume": 625500,
        "typical_volume": 1448020.0,
        "trend": 1.078448,
        "fair_value": 1.056365,
        "relative_strength": -4.858925,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.429807,
        "energy": 62.413728,
        "activity_lines": [
          0.993103,
          1.009072,
          1.028882,
          1.055173
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1.005517,
        "volume": 94800,
        "typical_volume": 1394055.0,
        "trend": 1.075966,
        "fair_value": 1.056203,
        "relative_strength": -4.242083,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.236029,
        "energy": 58.154024,
        "activity_lines": [
          0.995586,
          1.007549,
          1.02334,
          1.050467
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1.005517,
        "volume": 697300,
        "typical_volume": 1168260.0,
        "trend": 1.073172,
        "fair_value": 1.055887,
        "relative_strength": -4.05946,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.645837,
        "energy": 42.439864,
        "activity_lines": [
          0.99931,
          1.005686,
          1.018552,
          1.045922
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1.024138,
        "volume": 397500,
        "typical_volume": 1027240.0,
        "trend": 1.071621,
        "fair_value": 1.055639,
        "relative_strength": -4.173143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.083696,
        "energy": 26.380883,
        "activity_lines": [
          1.008621,
          1.00721,
          1.016512,
          1.042759
        ]
      },
      {
        "date": "2026-01-23",
        "close": 0.986897,
        "volume": 1099800,
        "typical_volume": 1046105.0,
        "trend": 1.069138,
        "fair_value": 1.055153,
        "relative_strength": -10.409858,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.210806,
        "energy": 29.501524,
        "activity_lines": [
          1.003655,
          1.001624,
          1.011724,
          1.037293
        ]
      },
      {
        "date": "2026-01-30",
        "close": 0.977586,
        "volume": 1662300,
        "typical_volume": 1004080.0,
        "trend": 1.066035,
        "fair_value": 1.054402,
        "relative_strength": -11.98842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.028988,
        "energy": 37.268213,
        "activity_lines": [
          0.994966,
          0.996715,
          1.007025,
          1.031386
        ]
      },
      {
        "date": "2026-02-06",
        "close": 0.986897,
        "volume": 5375600,
        "typical_volume": 1110150.0,
        "trend": 1.06231,
        "fair_value": 1.053813,
        "relative_strength": -13.008227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.119324,
        "energy": 36.178344,
        "activity_lines": [
          0.990621,
          0.994514,
          1.004054,
          1.02628
        ]
      },
      {
        "date": "2026-02-13",
        "close": 0.996207,
        "volume": 3688600,
        "typical_volume": 1189025.0,
        "trend": 1.056724,
        "fair_value": 1.053489,
        "relative_strength": -16.760694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.912189,
        "energy": 43.951782,
        "activity_lines": [
          0.990621,
          0.994683,
          1.002591,
          1.022016
        ]
      },
      {
        "date": "2026-02-20",
        "close": 0.986897,
        "volume": 8017500,
        "typical_volume": 1459560.0,
        "trend": 1.052069,
        "fair_value": 1.053105,
        "relative_strength": -20.142123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.64413,
        "energy": 38.339198,
        "activity_lines": [
          0.988138,
          0.99316,
          1.000596,
          1.017511
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1.005517,
        "volume": 3786300,
        "typical_volume": 1593570.0,
        "trend": 1.047104,
        "fair_value": 1.052635,
        "relative_strength": -21.013448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.323531,
        "energy": 28.397995,
        "activity_lines": [
          0.994345,
          0.995191,
          1.00064,
          1.014507
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1.014828,
        "volume": 5890200,
        "typical_volume": 1879985.0,
        "trend": 1.042138,
        "fair_value": 1.052072,
        "relative_strength": -13.570641,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.381315,
        "energy": 14.630599,
        "activity_lines": [
          1.002414,
          0.998408,
          1.001483,
          1.012425
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1.042759,
        "volume": 2326300,
        "typical_volume": 1971240.0,
        "trend": 1.038104,
        "fair_value": 1.051944,
        "relative_strength": -11.037185,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.278128,
        "energy": 8.561666,
        "activity_lines": [
          1.017311,
          1.006364,
          1.004941,
          1.012465
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1.024138,
        "volume": 1115400,
        "typical_volume": 1988575.0,
        "trend": 1.031897,
        "fair_value": 1.05185,
        "relative_strength": -13.917022,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.450648,
        "energy": 15.103693,
        "activity_lines": [
          1.022276,
          1.010257,
          1.00636,
          1.011564
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1.033448,
        "volume": 412200,
        "typical_volume": 1996445.0,
        "trend": 1.026621,
        "fair_value": 1.051867,
        "relative_strength": -13.826741,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.112714,
        "energy": 20.851598,
        "activity_lines": [
          1.028483,
          1.015505,
          1.008576,
          1.011664
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1.024138,
        "volume": 111400,
        "typical_volume": 1933495.0,
        "trend": 1.021035,
        "fair_value": 1.051875,
        "relative_strength": -14.879667,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.493793,
        "energy": 22.077179,
        "activity_lines": [
          1.028483,
          1.01889,
          1.009773,
          1.011504
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1.042759,
        "volume": 992700,
        "typical_volume": 1964805.0,
        "trend": 1.01731,
        "fair_value": 1.0519,
        "relative_strength": -16.252301,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.424325,
        "energy": 31.100868,
        "activity_lines": [
          1.033448,
          1.024984,
          1.013187,
          1.012906
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1.061379,
        "volume": 303200,
        "typical_volume": 1946975.0,
        "trend": 1.015448,
        "fair_value": 1.052147,
        "relative_strength": -13.232013,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 66.30515,
        "energy": 49.455353,
        "activity_lines": [
          1.042759,
          1.033279,
          1.01833,
          1.015749
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1.07069,
        "volume": 1486800,
        "typical_volume": 2003115.0,
        "trend": 1.015448,
        "fair_value": 1.052659,
        "relative_strength": -10.828067,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.800386,
        "energy": 54.243466,
        "activity_lines": [
          1.053931,
          1.041912,
          1.024182,
          1.019313
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1.08,
        "volume": 1044400,
        "typical_volume": 2047420.0,
        "trend": 1.01669,
        "fair_value": 1.053282,
        "relative_strength": -12.270419,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.416874,
        "energy": 61.430561,
        "activity_lines": [
          1.065104,
          1.050884,
          1.030567,
          1.023477
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1.07,
        "volume": 856800,
        "typical_volume": 1999230.0,
        "trend": 1.01946,
        "fair_value": 1.053787,
        "relative_strength": -13.372104,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.644018,
        "energy": 57.787317,
        "activity_lines": [
          1.069839,
          1.056345,
          1.035599,
          1.026917
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1.06,
        "volume": 595100,
        "typical_volume": 1997710.0,
        "trend": 1.021276,
        "fair_value": 1.053958,
        "relative_strength": -14.908229,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.785791,
        "energy": 45.865752,
        "activity_lines": [
          1.068184,
          1.058815,
          1.03924,
          1.029532
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1.09,
        "volume": 341800,
        "typical_volume": 2010060.0,
        "trend": 1.024713,
        "fair_value": 1.054375,
        "relative_strength": -13.33279,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.419616,
        "energy": 49.078368,
        "activity_lines": [
          1.075379,
          1.065919,
          1.045434,
          1.033966
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1.1,
        "volume": 643300,
        "typical_volume": 2007360.0,
        "trend": 1.027862,
        "fair_value": 1.054803,
        "relative_strength": -13.643659,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.357204,
        "energy": 48.385517,
        "activity_lines": [
          1.084,
          1.073981,
          1.052177,
          1.038823
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1.07,
        "volume": 177400,
        "typical_volume": 1996355.0,
        "trend": 1.030012,
        "fair_value": 1.055039,
        "relative_strength": -16.210038,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.167251,
        "energy": 38.018083,
        "activity_lines": [
          1.080667,
          1.07521,
          1.055614,
          1.041542
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1.08,
        "volume": 56600,
        "typical_volume": 1944195.0,
        "trend": 1.02877,
        "fair_value": 1.055338,
        "relative_strength": -15.358849,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.841912,
        "energy": 45.435244,
        "activity_lines": [
          1.081333,
          1.077592,
          1.059785,
          1.044767
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1.1,
        "volume": 2593700,
        "typical_volume": 1990765.0,
        "trend": 1.030989,
        "fair_value": 1.055981,
        "relative_strength": -12.059676,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.416643,
        "energy": 40.132484,
        "activity_lines": [
          1.088,
          1.082596,
          1.065417,
          1.049362
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1.13,
        "volume": 136100,
        "typical_volume": 1728790.0,
        "trend": 1.034517,
        "fair_value": 1.056871,
        "relative_strength": -7.339403,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.036412,
        "energy": 49.557077,
        "activity_lines": [
          1.102,
          1.092013,
          1.073324,
          1.05575
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1.12,
        "volume": 267000,
        "typical_volume": 1557710.0,
        "trend": 1.038644,
        "fair_value": 1.057642,
        "relative_strength": -11.527432,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.953373,
        "energy": 57.693726,
        "activity_lines": [
          1.11,
          1.098364,
          1.079596,
          1.061265
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1.15,
        "volume": 1543300,
        "typical_volume": 1234000.0,
        "trend": 1.04377,
        "fair_value": 1.058498,
        "relative_strength": -9.13083,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.390433,
        "energy": 68.412673,
        "activity_lines": [
          1.126667,
          1.109273,
          1.088136,
          1.068449
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1.19,
        "volume": 1215300,
        "typical_volume": 1105450.0,
        "trend": 1.050851,
        "fair_value": 1.059449,
        "relative_strength": -6.423614,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.543014,
        "energy": 81.327217,
        "activity_lines": [
          1.151333,
          1.126182,
          1.099709,
          1.077884
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1.17,
        "volume": 1417000,
        "typical_volume": 881790.0,
        "trend": 1.056644,
        "fair_value": 1.060379,
        "relative_strength": -7.7685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.434432,
        "energy": 76.325666,
        "activity_lines": [
          1.162,
          1.137273,
          1.108499,
          1.085571
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1.18,
        "volume": 476900,
        "typical_volume": 789320.0,
        "trend": 1.06246,
        "fair_value": 1.061427,
        "relative_strength": -5.407701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.181497,
        "energy": 76.854335,
        "activity_lines": [
          1.171333,
          1.148182,
          1.117502,
          1.093529
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1.19,
        "volume": 376000,
        "typical_volume": 752350.0,
        "trend": 1.068609,
        "fair_value": 1.062593,
        "relative_strength": -3.507584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.276777,
        "energy": 73.151392,
        "activity_lines": [
          1.180667,
          1.159273,
          1.126805,
          1.101758
        ]
      }
    ],
    "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."
    }
  }
}