{
  "ticker": {
    "uuid": "2ee39916-f16a-458b-8225-0306044db6e5",
    "symbol": "277630",
    "name": "Mirae Asset TIGER KOSPI ETF",
    "exchange": "KSC",
    "country": "KR",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^KS11",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 53.435,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": -11.804,
    "architecture_energy": 30.065,
    "architecture_maturity": 59.957,
    "architecture_confidence": 91.552,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 46.9,
        "rotation_up": 14.06,
        "upward_expansion": 43.27,
        "deceleration": 87.46,
        "rotation_down": 53.83,
        "downward_expansion": 39.6
      },
      "activity_lines": [
        68779.710938,
        74689.955824,
        76900.412407,
        73665.593254
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 65220.0,
    "trend_reference": 68535.676042,
    "distance_from_trend": -0.048379,
    "trend_direction": "Improving",
    "fair_value": 36322.411271,
    "distance_from_fair_value": 0.795586,
    "fair_value_direction": "Weakening",
    "relative_strength": 0.523832,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.236087,
    "excess_performance": 0.006258,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.048379,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.216026,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.795586,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.664726,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.005238,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.004733,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.236087,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.674234,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 361779,
      "relative_activity": 0.77581,
      "balance": 0.674234,
      "dry_up": 1.283965,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.142448,
      "annualized_volatility": 0.46783,
      "from_high_reference": -0.332104,
      "from_low_reference": 1.05628
    },
    "levels": {
      "trend_reference": 68535.676042,
      "fair_value_reference": 36322.411271,
      "structural_low": 52424.905455,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": -0.015984,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.000812,
        "regime_survival": 0.333333,
        "best_return": 0.283737,
        "worst_return": -0.052559,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.049093,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.003702,
        "regime_survival": 0.0,
        "best_return": 0.283425,
        "worst_return": -0.086924,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.04414,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.006024,
        "regime_survival": 0.0,
        "best_return": 0.085112,
        "worst_return": -0.142555,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.024022,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.01963,
        "regime_survival": 0.0,
        "best_return": 0.131704,
        "worst_return": -0.218548,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-01-26",
        "end": "2024-02-09",
        "tenure": "New",
        "return": 0.057121,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-02-16",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": 0.012734,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.018067,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.035071,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-09-06",
        "tenure": "New",
        "return": -0.053472,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-13",
        "end": "2024-09-20",
        "tenure": "New",
        "return": 0.01297,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-27",
        "end": "2025-01-24",
        "tenure": "Established",
        "return": -0.041214,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-31",
        "end": "2025-02-14",
        "tenure": "New",
        "return": 0.027932,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-21",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.062409,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.081137,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2026-04-03",
        "tenure": "Extended",
        "return": 1.109105,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.059366,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": 0.159828,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.081774,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 24620.878906,
        "volume": 27973,
        "typical_volume": 181788.3,
        "trend": 24796.550391,
        "fair_value": 25889.345303,
        "relative_strength": 0.617559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 12.847582,
        "energy": 10.366541,
        "activity_lines": [
          25253.383984,
          25371.690447,
          25338.540058,
          25110.461601
        ]
      },
      {
        "date": "2023-08-25",
        "close": 24797.900391,
        "volume": 14694,
        "typical_volume": 181421.45,
        "trend": 24809.459961,
        "fair_value": 25908.866536,
        "relative_strength": 0.711967,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.504586,
        "energy": 14.038126,
        "activity_lines": [
          25052.435807,
          25257.036896,
          25299.562853,
          25110.548698
        ]
      },
      {
        "date": "2023-09-01",
        "close": 25175.873047,
        "volume": 7411,
        "typical_volume": 168949.25,
        "trend": 24838.885937,
        "fair_value": 25930.397336,
        "relative_strength": 0.436631,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.567068,
        "energy": 18.446943,
        "activity_lines": [
          25035.211068,
          25229.286648,
          25295.02979,
          25134.188252
        ]
      },
      {
        "date": "2023-09-08",
        "close": 25003.632813,
        "volume": 282562,
        "typical_volume": 135865.85,
        "trend": 24863.824154,
        "fair_value": 25949.111654,
        "relative_strength": 0.342666,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.017751,
        "energy": 19.33906,
        "activity_lines": [
          24992.469531,
          25172.655753,
          25274.343648,
          25144.817083
        ]
      },
      {
        "date": "2023-09-15",
        "close": 25539.494141,
        "volume": 200771,
        "typical_volume": 144008.55,
        "trend": 24913.988672,
        "fair_value": 25970.080053,
        "relative_strength": 0.345313,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.140202,
        "energy": 12.752113,
        "activity_lines": [
          25163.753386,
          25219.717507,
          25304.554111,
          25188.408695
        ]
      },
      {
        "date": "2023-09-22",
        "close": 24668.720703,
        "volume": 15735,
        "typical_volume": 141611.1,
        "trend": 24942.648568,
        "fair_value": 25993.083634,
        "relative_strength": 0.487833,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -2.86091,
        "energy": 5.728142,
        "activity_lines": [
          25044.141667,
          25098.018004,
          25247.573326,
          25172.584955
        ]
      },
      {
        "date": "2023-09-29",
        "close": 24324.240234,
        "volume": 9479,
        "typical_volume": 79713.0,
        "trend": 24959.042318,
        "fair_value": 26011.074281,
        "relative_strength": 0.779143,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.996264,
        "energy": 24.557874,
        "activity_lines": [
          24806.513672,
          24935.346307,
          25157.192513,
          25132.687643
        ]
      },
      {
        "date": "2023-10-06",
        "close": 23788.378906,
        "volume": 24150,
        "typical_volume": 79969.4,
        "trend": 24968.542187,
        "fair_value": 26021.644243,
        "relative_strength": 0.82186,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -47.902921,
        "energy": 53.989343,
        "activity_lines": [
          24421.842578,
          24699.602521,
          25016.141806,
          25057.160971
        ]
      },
      {
        "date": "2023-10-13",
        "close": 24242.904297,
        "volume": 20431,
        "typical_volume": 46614.85,
        "trend": 24992.096159,
        "fair_value": 26038.139248,
        "relative_strength": 0.72239,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.415027,
        "energy": 59.714346,
        "activity_lines": [
          24281.179557,
          24580.425959,
          24923.915541,
          25010.345623
        ]
      },
      {
        "date": "2023-10-20",
        "close": 23386.482422,
        "volume": 23085,
        "typical_volume": 45131.95,
        "trend": 24981.618555,
        "fair_value": 26048.111028,
        "relative_strength": 0.451657,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -79.810889,
        "energy": 81.14758,
        "activity_lines": [
          23905.757812,
          24329.023651,
          24754.476879,
          24906.75764
        ]
      },
      {
        "date": "2023-10-27",
        "close": 22731.009766,
        "volume": 51473,
        "typical_volume": 44626.6,
        "trend": 24926.728581,
        "fair_value": 26059.349685,
        "relative_strength": 0.655061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.850792,
        "energy": 88.773303,
        "activity_lines": [
          23455.379297,
          23997.416229,
          24532.796354,
          24761.557073
        ]
      },
      {
        "date": "2023-11-03",
        "close": 23377.869141,
        "volume": 29966,
        "typical_volume": 43621.1,
        "trend": 24890.266992,
        "fair_value": 26066.249011,
        "relative_strength": 0.614643,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.455969,
        "energy": 77.17528,
        "activity_lines": [
          23349.801302,
          23817.78086,
          24388.100149,
          24661.630658
        ]
      },
      {
        "date": "2023-11-10",
        "close": 23847.4375,
        "volume": 251573,
        "typical_volume": 53367.0,
        "trend": 24844.230534,
        "fair_value": 26071.220628,
        "relative_strength": 0.827025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.316291,
        "energy": 61.167339,
        "activity_lines": [
          23463.8375,
          23749.340306,
          24299.648484,
          24594.351336
        ]
      },
      {
        "date": "2023-11-17",
        "close": 24393.667969,
        "volume": 454054,
        "typical_volume": 75196.15,
        "trend": 24824.863021,
        "fair_value": 26076.64825,
        "relative_strength": 0.582094,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.61961,
        "energy": 40.903555,
        "activity_lines": [
          23756.013281,
          23804.367756,
          24270.182589,
          24565.282783
        ]
      },
      {
        "date": "2023-11-24",
        "close": 24661.994141,
        "volume": 19779,
        "typical_volume": 75976.65,
        "trend": 24825.436133,
        "fair_value": 26078.799028,
        "relative_strength": 0.557868,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.196093,
        "energy": 18.989921,
        "activity_lines": [
          24127.580209,
          23919.272053,
          24270.816555,
          24554.775114
        ]
      },
      {
        "date": "2023-12-01",
        "close": 24709.914063,
        "volume": 91624,
        "typical_volume": 80103.6,
        "trend": 24830.955794,
        "fair_value": 26075.757424,
        "relative_strength": 0.377745,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.958745,
        "energy": 21.721972,
        "activity_lines": [
          24430.086328,
          24058.843608,
          24277.458919,
          24547.322077
        ]
      },
      {
        "date": "2023-12-08",
        "close": 24868.03125,
        "volume": 825661,
        "typical_volume": 120946.25,
        "trend": 24846.530534,
        "fair_value": 26070.802196,
        "relative_strength": 0.460925,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.914529,
        "energy": 21.636583,
        "activity_lines": [
          24653.371224,
          24226.414773,
          24304.636924,
          24549.714042
        ]
      },
      {
        "date": "2023-12-15",
        "close": 25241.775391,
        "volume": 234212,
        "typical_volume": 130502.35,
        "trend": 24856.222917,
        "fair_value": 26068.538437,
        "relative_strength": 0.113759,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 27.201875,
        "energy": 30.896233,
        "activity_lines": [
          24901.89336,
          24452.052309,
          24371.199405,
          24575.21371
        ]
      },
      {
        "date": "2023-12-22",
        "close": 25625.095703,
        "volume": 167686,
        "typical_volume": 138424.9,
        "trend": 24871.834831,
        "fair_value": 26067.105644,
        "relative_strength": 0.195504,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.368046,
        "energy": 45.744543,
        "activity_lines": [
          25185.233073,
          24720.959056,
          24476.233092,
          24624.818406
        ]
      },
      {
        "date": "2023-12-29",
        "close": 26362.988281,
        "volume": 161221,
        "typical_volume": 145677.0,
        "trend": 24899.762956,
        "fair_value": 26063.809395,
        "relative_strength": 0.897165,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.632772,
        "energy": 66.628585,
        "activity_lines": [
          25632.441797,
          25098.897337,
          24651.11184,
          24721.021854
        ]
      },
      {
        "date": "2024-01-05",
        "close": 25644.261719,
        "volume": 676922,
        "typical_volume": 178124.45,
        "trend": 24889.220703,
        "fair_value": 26039.407252,
        "relative_strength": 1.061981,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.957629,
        "energy": 58.671339,
        "activity_lines": [
          25726.675391,
          25292.039773,
          24753.573484,
          24769.054032
        ]
      },
      {
        "date": "2024-01-12",
        "close": 25131.568359,
        "volume": 125797,
        "typical_volume": 183679.6,
        "trend": 24867.011133,
        "fair_value": 26014.764073,
        "relative_strength": 1.096173,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.807952,
        "energy": 50.806186,
        "activity_lines": [
          25587.721354,
          25338.997017,
          24802.333938,
          24784.689365
        ]
      },
      {
        "date": "2024-01-19",
        "close": 24599.708984,
        "volume": 48067,
        "typical_volume": 185712.4,
        "trend": 24843.340104,
        "fair_value": 25983.932217,
        "relative_strength": 1.019383,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 11.366541,
        "energy": 19.289349,
        "activity_lines": [
          25253.911719,
          25257.367116,
          24798.852223,
          24767.444065
        ]
      },
      {
        "date": "2024-01-26",
        "close": 24661.994141,
        "volume": 195136,
        "typical_volume": 181341.1,
        "trend": 24820.469401,
        "fair_value": 25962.406037,
        "relative_strength": 1.013072,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.750063,
        "energy": 9.372228,
        "activity_lines": [
          24983.668229,
          25173.384126,
          24804.046066,
          24755.744326
        ]
      },
      {
        "date": "2024-02-02",
        "close": 26013.208984,
        "volume": 127891,
        "typical_volume": 177697.1,
        "trend": 24855.397721,
        "fair_value": 25941.640738,
        "relative_strength": 0.946278,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 25.162242,
        "energy": 16.411508,
        "activity_lines": [
          25228.036458,
          25330.197905,
          24939.553888,
          24832.695266
        ]
      },
      {
        "date": "2024-02-09",
        "close": 26070.707031,
        "volume": 39625,
        "typical_volume": 178891.6,
        "trend": 24862.419466,
        "fair_value": 25921.628718,
        "relative_strength": 0.950685,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.95492,
        "energy": 34.957011,
        "activity_lines": [
          25514.889323,
          25472.898331,
          25078.281929,
          24911.102319
        ]
      },
      {
        "date": "2024-02-16",
        "close": 26339.033203,
        "volume": 36804,
        "typical_volume": 180257.85,
        "trend": 24884.924284,
        "fair_value": 25903.603027,
        "relative_strength": 0.86732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.585682,
        "energy": 68.948364,
        "activity_lines": [
          25862.754557,
          25639.643643,
          25235.888718,
          25006.367721
        ]
      },
      {
        "date": "2024-02-23",
        "close": 26530.691406,
        "volume": 40319,
        "typical_volume": 181066.3,
        "trend": 24914.136589,
        "fair_value": 25891.747584,
        "relative_strength": 0.856061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.896249,
        "energy": 80.55493,
        "activity_lines": [
          26194.008203,
          25814.490412,
          25402.154418,
          25112.546245
        ]
      },
      {
        "date": "2024-03-01",
        "close": 26401.320313,
        "volume": 465849,
        "typical_volume": 203337.2,
        "trend": 24943.023698,
        "fair_value": 25878.618953,
        "relative_strength": 1.288745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.705911,
        "energy": 78.428384,
        "activity_lines": [
          26353.40599,
          25942.380327,
          25543.04043,
          25208.493582
        ]
      },
      {
        "date": "2024-03-08",
        "close": 26688.814453,
        "volume": 52120,
        "typical_volume": 204788.95,
        "trend": 24981.653255,
        "fair_value": 25865.853741,
        "relative_strength": 0.912528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.294821,
        "energy": 80.287998,
        "activity_lines": [
          26492.680078,
          26108.428729,
          25701.028664,
          25321.125244
        ]
      },
      {
        "date": "2024-03-15",
        "close": 26636.105469,
        "volume": 30619,
        "typical_volume": 203746.25,
        "trend": 25048.827474,
        "fair_value": 25852.869003,
        "relative_strength": 1.191199,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.310638,
        "energy": 72.622501,
        "activity_lines": [
          26569.344141,
          26258.969567,
          25838.271605,
          25427.864096
        ]
      },
      {
        "date": "2024-03-22",
        "close": 27397.957031,
        "volume": 370308,
        "typical_volume": 220763.35,
        "trend": 25135.496029,
        "fair_value": 25845.03423,
        "relative_strength": 0.960547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.198802,
        "energy": 70.295914,
        "activity_lines": [
          26862.265495,
          26529.995348,
          26029.476144,
          25579.420842
        ]
      },
      {
        "date": "2024-03-29",
        "close": 27556.083984,
        "volume": 23956,
        "typical_volume": 209382.5,
        "trend": 25214.836393,
        "fair_value": 25833.892841,
        "relative_strength": 1.576907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.810515,
        "energy": 78.533427,
        "activity_lines": [
          27137.300911,
          26788.564418,
          26216.597117,
          25735.587807
        ]
      },
      {
        "date": "2024-04-05",
        "close": 27211.089844,
        "volume": 553620,
        "typical_volume": 214360.8,
        "trend": 25288.418294,
        "fair_value": 25819.030824,
        "relative_strength": 1.46397,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.124978,
        "energy": 73.847007,
        "activity_lines": [
          27228.978776,
          26930.655007,
          26353.201283,
          25864.378352
        ]
      },
      {
        "date": "2024-04-12",
        "close": 26880.474609,
        "volume": 69708,
        "typical_volume": 216857.25,
        "trend": 25333.117643,
        "fair_value": 25798.202712,
        "relative_strength": 1.399821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.908251,
        "energy": 61.928101,
        "activity_lines": [
          27156.466927,
          26966.286541,
          26444.90199,
          25967.091662
        ]
      },
      {
        "date": "2024-04-19",
        "close": 26046.748047,
        "volume": 356933,
        "typical_volume": 230122.7,
        "trend": 25379.051888,
        "fair_value": 25772.799529,
        "relative_strength": 1.61885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.414537,
        "energy": 38.008475,
        "activity_lines": [
          26793.26888,
          26834.562962,
          26446.635975,
          26013.132334
        ]
      },
      {
        "date": "2024-04-26",
        "close": 26674.441406,
        "volume": 62472,
        "typical_volume": 191963.25,
        "trend": 25457.391927,
        "fair_value": 25753.354793,
        "relative_strength": 1.504484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.104234,
        "energy": 25.13965,
        "activity_lines": [
          26678.592448,
          26817.401065,
          26501.784403,
          26096.705851
        ]
      },
      {
        "date": "2024-05-03",
        "close": 26879.373047,
        "volume": 54428,
        "typical_volume": 182974.05,
        "trend": 25560.425065,
        "fair_value": 25732.812024,
        "relative_strength": 1.463569,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.703461,
        "energy": 23.825887,
        "activity_lines": [
          26680.460937,
          26831.401136,
          26567.848177,
          26188.446568
        ]
      },
      {
        "date": "2024-05-10",
        "close": 27326.150391,
        "volume": 33952,
        "typical_volume": 176287.35,
        "trend": 25663.199935,
        "fair_value": 25717.604455,
        "relative_strength": 1.189736,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.11,
        "energy": 29.861265,
        "activity_lines": [
          26876.369271,
          26920.293786,
          26668.66409,
          26302.364331
        ]
      },
      {
        "date": "2024-05-17",
        "close": 27365.0,
        "volume": 13011,
        "typical_volume": 168876.85,
        "trend": 25795.817188,
        "fair_value": 25702.645921,
        "relative_strength": 1.403815,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.778331,
        "energy": 44.021748,
        "activity_lines": [
          27077.556771,
          26999.434908,
          26765.079706,
          26412.157884
        ]
      },
      {
        "date": "2024-05-24",
        "close": 26971.640625,
        "volume": 277318,
        "typical_volume": 148896.65,
        "trend": 25937.17155,
        "fair_value": 25683.409192,
        "relative_strength": 1.282729,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.303976,
        "energy": 40.641493,
        "activity_lines": [
          27115.322787,
          26994.761861,
          26819.26104,
          26488.017461
        ]
      },
      {
        "date": "2024-05-31",
        "close": 26461.736328,
        "volume": 21504,
        "typical_volume": 143682.0,
        "trend": 26039.967122,
        "fair_value": 25657.98599,
        "relative_strength": 1.249025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.522903,
        "energy": 30.07683,
        "activity_lines": [
          26921.461198,
          26891.278303,
          26818.559208,
          26521.860349
        ]
      },
      {
        "date": "2024-06-07",
        "close": 27263.017578,
        "volume": 47865,
        "typical_volume": 143671.9,
        "trend": 26153.819792,
        "fair_value": 25637.133464,
        "relative_strength": 0.978151,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.733958,
        "energy": 31.438247,
        "activity_lines": [
          27008.873698,
          26950.504439,
          26887.835742,
          26600.76683
        ]
      },
      {
        "date": "2024-06-14",
        "close": 27734.072266,
        "volume": 24793,
        "typical_volume": 135154.75,
        "trend": 26265.166602,
        "fair_value": 25618.02027,
        "relative_strength": 1.346433,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.10329,
        "energy": 36.210027,
        "activity_lines": [
          27227.728125,
          27100.705362,
          26989.292206,
          26702.718603
        ]
      },
      {
        "date": "2024-06-21",
        "close": 27952.607422,
        "volume": 246091,
        "typical_volume": 141064.75,
        "trend": 26374.853711,
        "fair_value": 25598.521497,
        "relative_strength": 1.159432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.935302,
        "energy": 45.105526,
        "activity_lines": [
          27492.232813,
          27281.131179,
          27096.932599,
          26811.585753
        ]
      },
      {
        "date": "2024-06-28",
        "close": 28083.724609,
        "volume": 20147,
        "typical_volume": 140090.85,
        "trend": 26487.314062,
        "fair_value": 25580.548039,
        "relative_strength": 1.111451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.560146,
        "energy": 69.891169,
        "activity_lines": [
          27761.269401,
          27465.903161,
          27207.825112,
          26921.835488
        ]
      },
      {
        "date": "2024-07-05",
        "close": 28787.882813,
        "volume": 30226,
        "typical_volume": 139761.95,
        "trend": 26617.975781,
        "fair_value": 25570.542193,
        "relative_strength": 1.27949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.448885,
        "energy": 81.576296,
        "activity_lines": [
          28190.886458,
          27741.667969,
          27376.194513,
          27070.259278
        ]
      },
      {
        "date": "2024-07-12",
        "close": 28690.755859,
        "volume": 16277,
        "typical_volume": 138559.85,
        "trend": 26732.941797,
        "fair_value": 25557.323392,
        "relative_strength": 1.082787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.384704,
        "energy": 82.389724,
        "activity_lines": [
          28433.051432,
          27961.347124,
          27523.652539,
          27203.987025
        ]
      },
      {
        "date": "2024-07-19",
        "close": 28122.574219,
        "volume": 75229,
        "typical_volume": 119028.85,
        "trend": 26816.191081,
        "fair_value": 25541.355632,
        "relative_strength": 1.217842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.866198,
        "energy": 74.245895,
        "activity_lines": [
          28390.639974,
          28044.786293,
          27606.712007,
          27293.64073
        ]
      },
      {
        "date": "2024-07-26",
        "close": 27534.964844,
        "volume": 75205,
        "typical_volume": 120183.1,
        "trend": 26855.256966,
        "fair_value": 25524.122171,
        "relative_strength": 1.360903,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.896395,
        "energy": 46.455495,
        "activity_lines": [
          28126.458594,
          28006.90696,
          27625.61223,
          27340.013231
        ]
      },
      {
        "date": "2024-08-02",
        "close": 26935.751953,
        "volume": 235855,
        "typical_volume": 130444.9,
        "trend": 26898.306641,
        "fair_value": 25499.831956,
        "relative_strength": 1.169407,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.622958,
        "energy": 15.476596,
        "activity_lines": [
          27690.382422,
          27856.98956,
          27583.415272,
          27345.206456
        ]
      },
      {
        "date": "2024-08-09",
        "close": 26025.728516,
        "volume": 1155774,
        "typical_volume": 169718.2,
        "trend": 26928.111979,
        "fair_value": 25474.740097,
        "relative_strength": 1.026127,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -2.140939,
        "energy": 18.925406,
        "activity_lines": [
          27027.496615,
          27542.265874,
          27453.122526,
          27288.911093
        ]
      },
      {
        "date": "2024-08-16",
        "close": 27120.675781,
        "volume": 177394,
        "typical_volume": 177390.1,
        "trend": 27012.144206,
        "fair_value": 25463.336501,
        "relative_strength": 0.986082,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.161981,
        "energy": 21.040254,
        "activity_lines": [
          26913.736849,
          27434.550923,
          27433.644894,
          27301.334564
        ]
      },
      {
        "date": "2024-08-23",
        "close": 27183.943359,
        "volume": 246493,
        "typical_volume": 162033.75,
        "trend": 27096.20918,
        "fair_value": 25448.348771,
        "relative_strength": 1.012029,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.993584,
        "energy": 24.1156,
        "activity_lines": [
          26925.738281,
          27340.927202,
          27422.266118,
          27312.41838
        ]
      },
      {
        "date": "2024-08-30",
        "close": 26960.083984,
        "volume": 83143,
        "typical_volume": 162705.5,
        "trend": 27127.77168,
        "fair_value": 25427.995843,
        "relative_strength": 1.154874,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.701722,
        "energy": 21.497517,
        "activity_lines": [
          26925.695312,
          27216.604119,
          27389.69667,
          27303.63611
        ]
      },
      {
        "date": "2024-09-06",
        "close": 25670.478516,
        "volume": 416428,
        "typical_volume": 165680.25,
        "trend": 27114.430729,
        "fair_value": 25403.306415,
        "relative_strength": 1.184925,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.6941,
        "energy": 35.876334,
        "activity_lines": [
          26534.109245,
          26875.853196,
          27233.928562,
          27209.617196
        ]
      },
      {
        "date": "2024-09-13",
        "close": 25889.46875,
        "volume": 115503,
        "typical_volume": 168331.8,
        "trend": 27099.445247,
        "fair_value": 25379.127542,
        "relative_strength": 0.769047,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.822092,
        "energy": 45.745258,
        "activity_lines": [
          26299.871484,
          26618.795881,
          27100.808426,
          27130.587391
        ]
      },
      {
        "date": "2024-09-20",
        "close": 26225.251953,
        "volume": 10318,
        "typical_volume": 166126.3,
        "trend": 27089.263932,
        "fair_value": 25358.679149,
        "relative_strength": 1.315005,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -56.083724,
        "energy": 55.977652,
        "activity_lines": [
          26186.645443,
          26475.488494,
          27003.405608,
          27074.187823
        ]
      },
      {
        "date": "2024-09-27",
        "close": 26814.091797,
        "volume": 97977,
        "typical_volume": 169327.55,
        "trend": 27103.022982,
        "fair_value": 25347.543332,
        "relative_strength": 1.33541,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.901809,
        "energy": 46.311351,
        "activity_lines": [
          26329.394271,
          26484.070241,
          26965.197638,
          27056.434782
        ]
      },
      {
        "date": "2024-10-04",
        "close": 25986.796875,
        "volume": 187433,
        "typical_volume": 178048.65,
        "trend": 27079.622396,
        "fair_value": 25334.885655,
        "relative_strength": 1.222852,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.030894,
        "energy": 37.284035,
        "activity_lines": [
          26221.034896,
          26366.02532,
          26850.638049,
          26984.420195
        ]
      },
      {
        "date": "2024-10-11",
        "close": 26244.71875,
        "volume": 123499,
        "typical_volume": 170357.7,
        "trend": 27066.576172,
        "fair_value": 25320.635955,
        "relative_strength": 1.11087,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.927991,
        "energy": 30.1281,
        "activity_lines": [
          26263.535286,
          26323.023793,
          26767.20532,
          26930.555444
        ]
      },
      {
        "date": "2024-10-18",
        "close": 26215.519531,
        "volume": 30140,
        "typical_volume": 170789.5,
        "trend": 27027.161589,
        "fair_value": 25306.437275,
        "relative_strength": 1.068136,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.475049,
        "energy": 28.316076,
        "activity_lines": [
          26258.019922,
          26287.277557,
          26684.453246,
          26875.648563
        ]
      },
      {
        "date": "2024-10-25",
        "close": 26093.857422,
        "volume": 44242,
        "typical_volume": 170608.35,
        "trend": 26978.420703,
        "fair_value": 25293.691769,
        "relative_strength": 0.965262,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.179585,
        "energy": 32.296547,
        "activity_lines": [
          26190.213802,
          26225.960192,
          26591.286765,
          26815.435391
        ]
      },
      {
        "date": "2024-11-01",
        "close": 25692.921875,
        "volume": 68300,
        "typical_volume": 172783.7,
        "trend": 26927.815104,
        "fair_value": 25278.5548,
        "relative_strength": 0.96802,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.995255,
        "energy": 38.979036,
        "activity_lines": [
          25997.522135,
          26110.414879,
          26465.503376,
          26732.499983
        ]
      },
      {
        "date": "2024-11-08",
        "close": 25888.083984,
        "volume": 55132,
        "typical_volume": 163235.75,
        "trend": 26894.735417,
        "fair_value": 25264.430677,
        "relative_strength": 0.947592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.776704,
        "energy": 51.591345,
        "activity_lines": [
          25944.629167,
          26057.463068,
          26368.026618,
          26665.420556
        ]
      },
      {
        "date": "2024-11-15",
        "close": 24424.375,
        "volume": 139035,
        "typical_volume": 169180.15,
        "trend": 26840.656315,
        "fair_value": 25240.834485,
        "relative_strength": 0.881568,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.009514,
        "energy": 77.121468,
        "activity_lines": [
          25410.414062,
          25757.87326,
          26140.980069,
          26506.042465
        ]
      },
      {
        "date": "2024-11-22",
        "close": 25214.779297,
        "volume": 79591,
        "typical_volume": 171648.4,
        "trend": 26792.000911,
        "fair_value": 25224.418945,
        "relative_strength": 0.593668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.243622,
        "energy": 70.377547,
        "activity_lines": [
          25261.023307,
          25624.649751,
          26006.635593,
          26401.147173
        ]
      },
      {
        "date": "2024-11-29",
        "close": 24829.339844,
        "volume": 49602,
        "typical_volume": 173314.65,
        "trend": 26723.666471,
        "fair_value": 25203.805739,
        "relative_strength": 0.836727,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.331502,
        "energy": 72.330118,
        "activity_lines": [
          25049.86875,
          25433.613423,
          25852.597377,
          26274.523879
        ]
      },
      {
        "date": "2024-12-06",
        "close": 24556.113281,
        "volume": 158796,
        "typical_volume": 177493.0,
        "trend": 26631.331901,
        "fair_value": 25179.208033,
        "relative_strength": 0.821116,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.847823,
        "energy": 77.445917,
        "activity_lines": [
          24831.939844,
          25218.279758,
          25690.925279,
          26134.681737
        ]
      },
      {
        "date": "2024-12-13",
        "close": 25209.900391,
        "volume": 465892,
        "typical_volume": 197027.35,
        "trend": 26559.495247,
        "fair_value": 25158.622634,
        "relative_strength": 0.704143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.62643,
        "energy": 48.483315,
        "activity_lines": [
          24907.727214,
          25162.870632,
          25608.501767,
          26042.976478
        ]
      },
      {
        "date": "2024-12-20",
        "close": 24302.402344,
        "volume": 1086132,
        "typical_volume": 239541.2,
        "trend": 26470.520638,
        "fair_value": 25131.535119,
        "relative_strength": 0.67733,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.493649,
        "energy": 50.984212,
        "activity_lines": [
          24726.227474,
          24956.587252,
          25450.721605,
          25897.357582
        ]
      },
      {
        "date": "2024-12-27",
        "close": 24434.136719,
        "volume": 133706,
        "typical_volume": 188437.8,
        "trend": 26402.933984,
        "fair_value": 25105.32184,
        "relative_strength": 1.15198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.68066,
        "energy": 49.181414,
        "activity_lines": [
          24596.770703,
          24809.570419,
          25318.027335,
          25765.977974
        ]
      },
      {
        "date": "2025-01-03",
        "close": 24770.789063,
        "volume": 129270,
        "typical_volume": 186031.6,
        "trend": 26319.859701,
        "fair_value": 25083.201898,
        "relative_strength": 0.947518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.456302,
        "energy": 43.103058,
        "activity_lines": [
          24631.574219,
          24756.151882,
          25224.9742,
          25660.678301
        ]
      },
      {
        "date": "2025-01-10",
        "close": 25522.160156,
        "volume": 401081,
        "typical_volume": 193761.0,
        "trend": 26246.129297,
        "fair_value": 25067.446677,
        "relative_strength": 0.918898,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.014084,
        "energy": 31.43981,
        "activity_lines": [
          24920.738151,
          24863.40206,
          25214.670154,
          25609.213815
        ]
      },
      {
        "date": "2025-01-17",
        "close": 25580.705078,
        "volume": 199552,
        "typical_volume": 199581.45,
        "trend": 26167.065885,
        "fair_value": 25057.664288,
        "relative_strength": 0.802614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.227582,
        "energy": 18.392534,
        "activity_lines": [
          25165.013932,
          24984.401527,
          25217.855069,
          25566.28322
        ]
      },
      {
        "date": "2025-01-24",
        "close": 25708.986328,
        "volume": 195391,
        "typical_volume": 188529.6,
        "trend": 26087.907943,
        "fair_value": 25058.261656,
        "relative_strength": 0.743468,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.248029,
        "energy": 18.247032,
        "activity_lines": [
          25427.329818,
          25134.313565,
          25239.825716,
          25536.7297
        ]
      },
      {
        "date": "2025-01-31",
        "close": 25562.269531,
        "volume": 62832,
        "typical_volume": 185896.05,
        "trend": 25980.3875,
        "fair_value": 25053.244015,
        "relative_strength": 0.901586,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.699798,
        "energy": 19.878675,
        "activity_lines": [
          25546.967838,
          25234.193253,
          25247.639965,
          25502.817545
        ]
      },
      {
        "date": "2025-02-07",
        "close": 25586.722656,
        "volume": 262659,
        "typical_volume": 198513.1,
        "trend": 25876.919727,
        "fair_value": 25048.353353,
        "relative_strength": 0.778096,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.019405,
        "energy": 14.549457,
        "activity_lines": [
          25599.548047,
          25332.200959,
          25259.341174,
          25477.419813
        ]
      },
      {
        "date": "2025-02-14",
        "close": 26276.273438,
        "volume": 305579,
        "typical_volume": 208893.2,
        "trend": 25815.376367,
        "fair_value": 25047.704252,
        "relative_strength": 0.694822,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.642982,
        "energy": 25.252758,
        "activity_lines": [
          25827.582943,
          25541.810938,
          25339.754502,
          25503.184568
        ]
      },
      {
        "date": "2025-02-21",
        "close": 26956.044922,
        "volume": 192123,
        "typical_volume": 209127.7,
        "trend": 25796.079036,
        "fair_value": 25055.700108,
        "relative_strength": 0.787322,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.212631,
        "energy": 50.271031,
        "activity_lines": [
          26231.934115,
          25843.740092,
          25487.46901,
          25576.776088
        ]
      },
      {
        "date": "2025-02-28",
        "close": 25850.806641,
        "volume": 219432,
        "typical_volume": 213924.35,
        "trend": 25759.914193,
        "fair_value": 25054.080316,
        "relative_strength": 1.261432,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 20.274513,
        "energy": 40.362755,
        "activity_lines": [
          26176.183203,
          25912.96875,
          25525.307264,
          25580.306901
        ]
      },
      {
        "date": "2025-03-07",
        "close": 26129.560547,
        "volume": 155517,
        "typical_volume": 220193.2,
        "trend": 25763.37526,
        "fair_value": 25057.522561,
        "relative_strength": 1.082105,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 19.723487,
        "energy": 39.889427,
        "activity_lines": [
          26203.895573,
          26004.727131,
          25591.56928,
          25604.155053
        ]
      },
      {
        "date": "2025-03-14",
        "close": 26158.902344,
        "volume": 187439,
        "typical_volume": 227353.05,
        "trend": 25731.316146,
        "fair_value": 25058.205253,
        "relative_strength": 1.042523,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.39924,
        "energy": 32.837213,
        "activity_lines": [
          26203.569141,
          26070.994496,
          25661.035082,
          25629.672929
        ]
      },
      {
        "date": "2025-03-21",
        "close": 26912.029297,
        "volume": 211650,
        "typical_volume": 234520.55,
        "trend": 25722.252344,
        "fair_value": 25062.762921,
        "relative_strength": 0.891193,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.443921,
        "energy": 37.799025,
        "activity_lines": [
          26416.139714,
          26248.955611,
          25801.917522,
          25705.847971
        ]
      },
      {
        "date": "2025-03-28",
        "close": 26242.039063,
        "volume": 236005,
        "typical_volume": 243564.2,
        "trend": 25698.317513,
        "fair_value": 25062.013459,
        "relative_strength": 1.610501,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 53.241502,
        "energy": 38.704239,
        "activity_lines": [
          26362.996485,
          26279.829972,
          25873.186096,
          25739.382598
        ]
      },
      {
        "date": "2025-04-04",
        "close": 25273.736328,
        "volume": 249444,
        "typical_volume": 249084.65,
        "trend": 25685.092774,
        "fair_value": 25057.587715,
        "relative_strength": 1.491554,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 22.234362,
        "energy": 15.229575,
        "activity_lines": [
          26034.686068,
          26122.625036,
          25850.549861,
          25711.990264
        ]
      },
      {
        "date": "2025-04-11",
        "close": 24965.636719,
        "volume": 462357,
        "typical_volume": 268222.95,
        "trend": 25654.298372,
        "fair_value": 25051.127429,
        "relative_strength": 1.555658,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.301172,
        "energy": 11.108919,
        "activity_lines": [
          25642.147136,
          25917.315625,
          25794.526228,
          25665.573744
        ]
      },
      {
        "date": "2025-04-18",
        "close": 25508.474609,
        "volume": 352800,
        "typical_volume": 283382.85,
        "trend": 25630.405794,
        "fair_value": 25047.58118,
        "relative_strength": 1.602508,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.056908,
        "energy": 14.765285,
        "activity_lines": [
          25508.149089,
          25821.551882,
          25791.387835,
          25656.165759
        ]
      },
      {
        "date": "2025-04-25",
        "close": 26105.107422,
        "volume": 119537,
        "typical_volume": 281419.9,
        "trend": 25606.772982,
        "fair_value": 25048.812976,
        "relative_strength": 1.370661,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.334352,
        "energy": 19.069538,
        "activity_lines": [
          25616.390495,
          25835.689524,
          25841.83764,
          25686.791671
        ]
      },
      {
        "date": "2025-05-02",
        "close": 26233.667969,
        "volume": 195179,
        "typical_volume": 267884.25,
        "trend": 25615.002018,
        "fair_value": 25053.572754,
        "relative_strength": 1.293333,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.976698,
        "energy": 14.112663,
        "activity_lines": [
          25821.280208,
          25876.313921,
          25897.155143,
          25727.236509
        ]
      },
      {
        "date": "2025-05-09",
        "close": 26441.634766,
        "volume": 93034,
        "typical_volume": 218229.35,
        "trend": 25621.565886,
        "fair_value": 25062.54978,
        "relative_strength": 1.357397,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.384083,
        "energy": 31.037823,
        "activity_lines": [
          26096.050261,
          25967.884588,
          25967.403925,
          25780.567654
        ]
      },
      {
        "date": "2025-05-16",
        "close": 26991.263672,
        "volume": 989611,
        "typical_volume": 261024.6,
        "trend": 25647.424024,
        "fair_value": 25072.947065,
        "relative_strength": 1.466048,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 67.451644,
        "energy": 57.596538,
        "activity_lines": [
          26476.170052,
          26148.645455,
          26079.811496,
          25868.935253
        ]
      },
      {
        "date": "2025-05-23",
        "close": 26600.085938,
        "volume": 103642,
        "typical_volume": 259743.2,
        "trend": 25664.298307,
        "fair_value": 25081.13722,
        "relative_strength": 1.293684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.012487,
        "energy": 59.895327,
        "activity_lines": [
          26590.855469,
          26242.615767,
          26142.787249,
          25930.397312
        ]
      },
      {
        "date": "2025-05-30",
        "close": 27738.958984,
        "volume": 177632,
        "typical_volume": 248570.75,
        "trend": 25732.499544,
        "fair_value": 25094.40466,
        "relative_strength": 1.449067,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.588087,
        "energy": 76.742487,
        "activity_lines": [
          27012.391146,
          26535.632386,
          26305.516165,
          26064.246388
        ]
      },
      {
        "date": "2025-06-06",
        "close": 28848.119141,
        "volume": 276984,
        "typical_volume": 252442.35,
        "trend": 25831.167383,
        "fair_value": 25118.988144,
        "relative_strength": 1.167028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.047335,
        "energy": 85.433544,
        "activity_lines": [
          27694.723438,
          27015.279404,
          26563.323196,
          26265.254104
        ]
      },
      {
        "date": "2025-06-13",
        "close": 29813.685547,
        "volume": 1047979,
        "typical_volume": 295071.75,
        "trend": 26010.811068,
        "fair_value": 25159.374962,
        "relative_strength": 1.523503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.26702,
        "energy": 93.651852,
        "activity_lines": [
          28524.614453,
          27623.100675,
          26897.529818,
          26522.19076
        ]
      },
      {
        "date": "2025-06-20",
        "close": 31031.783203,
        "volume": 1106581,
        "typical_volume": 347259.2,
        "trend": 26204.711198,
        "fair_value": 25211.986466,
        "relative_strength": 1.178617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.589485,
        "energy": 97.461052,
        "activity_lines": [
          29535.734635,
          28369.849716,
          27328.199554,
          26846.124446
        ]
      },
      {
        "date": "2025-06-27",
        "close": 31462.574219,
        "volume": 732211,
        "typical_volume": 370736.8,
        "trend": 26425.819011,
        "fair_value": 25271.024677,
        "relative_strength": 1.388993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.556794,
        "energy": 95.962546,
        "activity_lines": [
          30421.083854,
          29084.630824,
          27773.851702,
          27185.341415
        ]
      },
      {
        "date": "2025-07-04",
        "close": 31467.525391,
        "volume": 868504,
        "typical_volume": 398883.05,
        "trend": 26656.199414,
        "fair_value": 25327.150403,
        "relative_strength": 1.413022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.5278,
        "energy": 92.872321,
        "activity_lines": [
          30983.917578,
          29692.055789,
          28191.995145,
          27510.612794
        ]
      },
      {
        "date": "2025-07-11",
        "close": 32690.576172,
        "volume": 482724,
        "typical_volume": 413413.1,
        "trend": 26905.555274,
        "fair_value": 25392.828676,
        "relative_strength": 1.276066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.934737,
        "energy": 95.804101,
        "activity_lines": [
          31705.863802,
          30424.355114,
          28701.899368,
          27899.927424
        ]
      },
      {
        "date": "2025-07-18",
        "close": 32759.900391,
        "volume": 337422,
        "typical_volume": 419312.6,
        "trend": 27187.471875,
        "fair_value": 25454.655148,
        "relative_strength": 1.058026,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.973118,
        "energy": 92.793709,
        "activity_lines": [
          32194.754297,
          31051.860512,
          29191.098605,
          28277.627109
        ]
      },
      {
        "date": "2025-07-25",
        "close": 32868.835938,
        "volume": 394678,
        "typical_volume": 431270.65,
        "trend": 27468.628516,
        "fair_value": 25513.514674,
        "relative_strength": 1.101681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.349998,
        "energy": 88.269929,
        "activity_lines": [
          32523.542318,
          31584.294816,
          29657.77221,
          28644.166726
        ]
      },
      {
        "date": "2025-08-01",
        "close": 32144.076172,
        "volume": 674755,
        "typical_volume": 455636.45,
        "trend": 27714.404753,
        "fair_value": 25565.655311,
        "relative_strength": 1.255697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.941231,
        "energy": 67.423517,
        "activity_lines": [
          32488.273568,
          31878.089666,
          30023.329288,
          28945.80851
        ]
      },
      {
        "date": "2025-08-08",
        "close": 32972.480469,
        "volume": 283120,
        "typical_volume": 459209.95,
        "trend": 27962.748763,
        "fair_value": 25621.033266,
        "relative_strength": 0.892305,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.814517,
        "energy": 67.808307,
        "activity_lines": [
          32683.70612,
          32221.703658,
          30439.281185,
          29285.039201
        ]
      },
      {
        "date": "2025-08-15",
        "close": 33156.015625,
        "volume": 477225,
        "typical_volume": 471270.95,
        "trend": 28215.259115,
        "fair_value": 25679.54054,
        "relative_strength": 0.919014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.843299,
        "energy": 66.738735,
        "activity_lines": [
          32839.986719,
          32503.532742,
          30843.85333,
          29620.088676
        ]
      },
      {
        "date": "2025-08-22",
        "close": 32565.71875,
        "volume": 359461,
        "typical_volume": 476771.8,
        "trend": 28443.816862,
        "fair_value": 25734.954828,
        "relative_strength": 0.862121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.762773,
        "energy": 60.130409,
        "activity_lines": [
          32768.472396,
          32599.70973,
          31159.283027,
          29900.763491
        ]
      },
      {
        "date": "2025-08-29",
        "close": 32828.625,
        "volume": 138972,
        "typical_volume": 460602.55,
        "trend": 28686.028711,
        "fair_value": 25796.290515,
        "relative_strength": 1.08241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.215886,
        "energy": 59.356742,
        "activity_lines": [
          32797.538932,
          32693.650888,
          31465.027688,
          30183.654339
        ]
      },
      {
        "date": "2025-09-05",
        "close": 33007.203125,
        "volume": 120056,
        "typical_volume": 448965.35,
        "trend": 28933.37806,
        "fair_value": 25860.543495,
        "relative_strength": 0.986523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.696268,
        "energy": 59.236688,
        "activity_lines": [
          32888.81224,
          32787.390945,
          31750.336989,
          30462.439785
        ]
      },
      {
        "date": "2025-09-12",
        "close": 34951.722656,
        "volume": 222246,
        "typical_volume": 454100.8,
        "trend": 29222.559701,
        "fair_value": 25937.411533,
        "relative_strength": 0.893112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.470385,
        "energy": 69.86771,
        "activity_lines": [
          33570.716927,
          33206.595845,
          32185.130394,
          30850.720082
        ]
      },
      {
        "date": "2025-09-19",
        "close": 35418.003906,
        "volume": 262804,
        "typical_volume": 457482.05,
        "trend": 29504.625,
        "fair_value": 26022.736416,
        "relative_strength": 0.732359,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.146303,
        "energy": 87.645086,
        "activity_lines": [
          34276.099219,
          33647.230114,
          32622.204799,
          31250.426159
        ]
      },
      {
        "date": "2025-09-26",
        "close": 34887.234375,
        "volume": 362935,
        "typical_volume": 470977.1,
        "trend": 29805.839258,
        "fair_value": 26112.560284,
        "relative_strength": 0.922299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.57386,
        "energy": 86.1466,
        "activity_lines": [
          34653.759114,
          33941.771236,
          32964.994792,
          31597.69128
        ]
      },
      {
        "date": "2025-10-03",
        "close": 36578.769531,
        "volume": 432154,
        "typical_volume": 443104.25,
        "trend": 30154.146224,
        "fair_value": 26208.750876,
        "relative_strength": 0.914401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.937076,
        "energy": 93.714131,
        "activity_lines": [
          35440.496354,
          34505.185405,
          33428.66623,
          32034.654524
        ]
      },
      {
        "date": "2025-10-10",
        "close": 37169.066406,
        "volume": 59592,
        "typical_volume": 440901.75,
        "trend": 30521.151693,
        "fair_value": 26310.047338,
        "relative_strength": 0.763688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.528227,
        "energy": 95.046804,
        "activity_lines": [
          36173.989583,
          35108.47294,
          33902.901628,
          32487.230019
        ]
      },
      {
        "date": "2025-10-17",
        "close": 38597.695313,
        "volume": 760406,
        "typical_volume": 470040.45,
        "trend": 30910.673893,
        "fair_value": 26420.111128,
        "relative_strength": 0.740968,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.987198,
        "energy": 94.053612,
        "activity_lines": [
          37106.234896,
          35880.147727,
          34462.868443,
          33008.29735
        ]
      },
      {
        "date": "2025-10-24",
        "close": 40596.777344,
        "volume": 446863,
        "typical_volume": 478534.4,
        "trend": 31389.165169,
        "fair_value": 26539.899126,
        "relative_strength": 0.74079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.518016,
        "energy": 97.088319,
        "activity_lines": [
          38461.776042,
          36913.015341,
          35161.515755,
          33633.20725
        ]
      },
      {
        "date": "2025-10-31",
        "close": 42398.097656,
        "volume": 835494,
        "typical_volume": 467910.15,
        "trend": 31959.977214,
        "fair_value": 26666.17175,
        "relative_strength": 0.920057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.22592,
        "energy": 98.349026,
        "activity_lines": [
          40072.505729,
          38138.109162,
          35975.771391,
          34343.460959
        ]
      },
      {
        "date": "2025-11-07",
        "close": 40767.398438,
        "volume": 985210,
        "typical_volume": 461841.6,
        "trend": 32486.702604,
        "fair_value": 26773.885542,
        "relative_strength": 0.773329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.811869,
        "energy": 79.899217,
        "activity_lines": [
          40638.944792,
          38887.94169,
          36574.796568,
          34911.681683
        ]
      },
      {
        "date": "2025-11-14",
        "close": 41468.398438,
        "volume": 419498,
        "typical_volume": 446205.95,
        "trend": 33018.700065,
        "fair_value": 26888.202186,
        "relative_strength": 0.985025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.060392,
        "energy": 71.875541,
        "activity_lines": [
          41159.808594,
          39620.887429,
          37194.223577,
          35491.14593
        ]
      },
      {
        "date": "2025-11-21",
        "close": 39738.269531,
        "volume": 325470,
        "typical_volume": 419054.25,
        "trend": 33473.138802,
        "fair_value": 26991.729592,
        "relative_strength": 0.703717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.713591,
        "energy": 67.052615,
        "activity_lines": [
          40817.340625,
          39885.424361,
          37601.229622,
          35924.666541
        ]
      },
      {
        "date": "2025-11-28",
        "close": 40518.816406,
        "volume": 391562,
        "typical_volume": 414496.15,
        "trend": 33949.310417,
        "fair_value": 27100.591972,
        "relative_strength": 0.72461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.468275,
        "energy": 62.098875,
        "activity_lines": [
          40659.016667,
          40204.850781,
          38043.18897,
          36379.226386
        ]
      },
      {
        "date": "2025-12-05",
        "close": 42288.722656,
        "volume": 238844,
        "typical_volume": 409567.25,
        "trend": 34477.54668,
        "fair_value": 27223.843274,
        "relative_strength": 0.638904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.217414,
        "energy": 64.037731,
        "activity_lines": [
          41095.858854,
          40753.336293,
          38616.433482,
          36917.252982
        ]
      },
      {
        "date": "2025-12-12",
        "close": 42969.832031,
        "volume": 282036,
        "typical_volume": 403935.15,
        "trend": 35010.165625,
        "fair_value": 27353.328901,
        "relative_strength": 0.574239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.963662,
        "energy": 65.818968,
        "activity_lines": [
          41767.029166,
          41291.087358,
          39209.17021,
          37465.14236
        ]
      },
      {
        "date": "2025-12-19",
        "close": 41572.804688,
        "volume": 379387,
        "typical_volume": 389166.75,
        "trend": 35509.25625,
        "fair_value": 27476.119141,
        "relative_strength": 0.808826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.402891,
        "energy": 57.972073,
        "activity_lines": [
          41825.694792,
          41458.632315,
          39620.756734,
          37888.538428
        ]
      },
      {
        "date": "2025-12-26",
        "close": 42646.675781,
        "volume": 425805,
        "typical_volume": 396301.0,
        "trend": 36006.180143,
        "fair_value": 27608.505108,
        "relative_strength": 0.648704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.671025,
        "energy": 60.58206,
        "activity_lines": [
          42235.357031,
          41741.358594,
          40089.717987,
          38349.017108
        ]
      },
      {
        "date": "2026-01-02",
        "close": 44560.753906,
        "volume": 279192,
        "typical_volume": 386399.35,
        "trend": 36529.934635,
        "fair_value": 27749.876377,
        "relative_strength": 0.737832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.349681,
        "energy": 66.825204,
        "activity_lines": [
          43089.151562,
          42298.48125,
          40694.904799,
          38900.925092
        ]
      },
      {
        "date": "2026-01-09",
        "close": 47419.445313,
        "volume": 444376,
        "typical_volume": 390645.1,
        "trend": 37116.793294,
        "fair_value": 27903.576197,
        "relative_strength": 0.696401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.559636,
        "energy": 74.713469,
        "activity_lines": [
          44626.380729,
          43303.293679,
          41518.039658,
          39603.474168
        ]
      },
      {
        "date": "2026-01-16",
        "close": 50133.960938,
        "volume": 612355,
        "typical_volume": 414314.25,
        "trend": 37753.532552,
        "fair_value": 28074.586351,
        "relative_strength": 0.823842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.235574,
        "energy": 95.519971,
        "activity_lines": [
          46726.400261,
          44710.357173,
          42528.967783,
          40443.291436
        ]
      },
      {
        "date": "2026-01-23",
        "close": 51685.109375,
        "volume": 596671,
        "typical_volume": 438145.0,
        "trend": 38427.617057,
        "fair_value": 28249.422864,
        "relative_strength": 0.790686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.462959,
        "energy": 96.507841,
        "activity_lines": [
          48865.860677,
          46229.14652,
          43605.217969,
          41342.102844
        ]
      },
      {
        "date": "2026-01-30",
        "close": 54176.550781,
        "volume": 878400,
        "typical_volume": 470952.7,
        "trend": 39184.58457,
        "fair_value": 28440.983486,
        "relative_strength": 0.870608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.868686,
        "energy": 97.234649,
        "activity_lines": [
          51161.647917,
          48015.166832,
          44829.805878,
          42358.163084
        ]
      },
      {
        "date": "2026-02-06",
        "close": 52763.292969,
        "volume": 902535,
        "typical_volume": 502939.25,
        "trend": 39853.67513,
        "fair_value": 28623.725836,
        "relative_strength": 0.807644,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.11183,
        "energy": 90.910251,
        "activity_lines": [
          52217.690886,
          49281.716975,
          45828.251005,
          43234.208787
        ]
      },
      {
        "date": "2026-02-13",
        "close": 57082.6875,
        "volume": 533754,
        "typical_volume": 511480.2,
        "trend": 40664.434701,
        "fair_value": 28835.572817,
        "relative_strength": 0.742436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.008232,
        "energy": 95.512247,
        "activity_lines": [
          54166.696094,
          51110.98473,
          47155.470424,
          44345.757972
        ]
      },
      {
        "date": "2026-02-20",
        "close": 60302.328125,
        "volume": 230014,
        "typical_volume": 501373.2,
        "trend": 41578.88444,
        "fair_value": 29069.504895,
        "relative_strength": 0.857316,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.096013,
        "energy": 95.57405,
        "activity_lines": [
          56544.698698,
          53256.660511,
          48683.62965,
          45612.718838
        ]
      },
      {
        "date": "2026-02-27",
        "close": 65029.773438,
        "volume": 876313,
        "typical_volume": 542209.25,
        "trend": 42675.074349,
        "fair_value": 29333.590445,
        "relative_strength": 1.137237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.398792,
        "energy": 94.931962,
        "activity_lines": [
          59820.625261,
          55946.735512,
          50549.052437,
          47125.679419
        ]
      },
      {
        "date": "2026-03-06",
        "close": 57983.390625,
        "volume": 1878795,
        "typical_volume": 598128.7,
        "trend": 43508.771354,
        "fair_value": 29554.616136,
        "relative_strength": 0.787775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.045954,
        "energy": 67.782186,
        "activity_lines": [
          59858.113281,
          56929.159659,
          51610.721112,
          48113.312727
        ]
      },
      {
        "date": "2026-03-13",
        "close": 57107.566406,
        "volume": 744046,
        "typical_volume": 612987.85,
        "trend": 44307.15638,
        "fair_value": 29769.816657,
        "relative_strength": 0.991137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.73728,
        "energy": 65.39025,
        "activity_lines": [
          59349.870573,
          57473.493679,
          52496.665123,
          48990.654343
        ]
      },
      {
        "date": "2026-03-20",
        "close": 60093.324219,
        "volume": 328414,
        "typical_volume": 587633.85,
        "trend": 45224.743229,
        "fair_value": 30003.102001,
        "relative_strength": 0.8276,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.220772,
        "energy": 61.397926,
        "activity_lines": [
          59547.26224,
          58332.568892,
          53588.344215,
          50009.116784
        ]
      },
      {
        "date": "2026-03-27",
        "close": 56450.699219,
        "volume": 451103,
        "typical_volume": 560928.5,
        "trend": 46012.145703,
        "fair_value": 30208.698092,
        "relative_strength": 0.654792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.057079,
        "energy": 44.820653,
        "activity_lines": [
          58329.736458,
          58298.914489,
          54248.843657,
          50733.372009
        ]
      },
      {
        "date": "2026-04-03",
        "close": 56102.363281,
        "volume": 579527,
        "typical_volume": 568929.95,
        "trend": 46781.984375,
        "fair_value": 30411.458646,
        "relative_strength": 1.144768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.244234,
        "energy": 33.487001,
        "activity_lines": [
          57252.873958,
          58087.076492,
          54801.485863,
          51384.353789
        ]
      },
      {
        "date": "2026-04-10",
        "close": 60939.289063,
        "volume": 403766,
        "typical_volume": 572844.75,
        "trend": 47648.236589,
        "fair_value": 30640.373761,
        "relative_strength": 0.808625,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.57553,
        "energy": 38.251897,
        "activity_lines": [
          58383.480729,
          58674.365838,
          55745.102121,
          52297.728285
        ]
      },
      {
        "date": "2026-04-17",
        "close": 64557.03125,
        "volume": 319385,
        "typical_volume": 569235.9,
        "trend": 48619.5375,
        "fair_value": 30894.106696,
        "relative_strength": 1.019998,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.412516,
        "energy": 47.780475,
        "activity_lines": [
          60522.941667,
          59796.467614,
          56932.308017,
          53388.618263
        ]
      },
      {
        "date": "2026-04-24",
        "close": 67433.304688,
        "volume": 557435,
        "typical_volume": 585165.45,
        "trend": 49704.40651,
        "fair_value": 31168.391977,
        "relative_strength": 0.867467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.603224,
        "energy": 57.034174,
        "activity_lines": [
          63124.529427,
          61227.096591,
          58278.977028,
          54602.409694
        ]
      },
      {
        "date": "2026-05-01",
        "close": 68745.0,
        "volume": 309184,
        "typical_volume": 586522.85,
        "trend": 50776.614193,
        "fair_value": 31451.729642,
        "relative_strength": 0.877257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.301856,
        "energy": 78.417428,
        "activity_lines": [
          65674.016927,
          62708.022585,
          59630.833296,
          55830.835081
        ]
      },
      {
        "date": "2026-05-08",
        "close": 78230.0,
        "volume": 636072,
        "typical_volume": 599357.1,
        "trend": 52145.311979,
        "fair_value": 31796.788687,
        "relative_strength": 0.997125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.065022,
        "energy": 92.706103,
        "activity_lines": [
          70565.551042,
          65759.990909,
          61763.284003,
          57602.021262
        ]
      },
      {
        "date": "2026-05-15",
        "close": 78400.0,
        "volume": 897141,
        "typical_volume": 622923.9,
        "trend": 53472.055469,
        "fair_value": 32139.410457,
        "relative_strength": 1.246312,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.258462,
        "energy": 92.62073,
        "activity_lines": [
          74038.576042,
          68602.864205,
          63737.367113,
          59295.872102
        ]
      },
      {
        "date": "2026-05-22",
        "close": 81555.0,
        "volume": 911247,
        "typical_volume": 654526.65,
        "trend": 54837.329557,
        "fair_value": 32500.937775,
        "relative_strength": 0.538356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.074296,
        "energy": 92.168138,
        "activity_lines": [
          77399.220313,
          71648.162784,
          65841.672489,
          61107.674975
        ]
      },
      {
        "date": "2026-05-29",
        "close": 88090.0,
        "volume": 428021,
        "typical_volume": 653708.9,
        "trend": 56360.392969,
        "fair_value": 32901.994541,
        "relative_strength": 0.522461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.748177,
        "energy": 94.839157,
        "activity_lines": [
          81805.0,
          75437.144389,
          68392.19574,
          63253.008552
        ]
      },
      {
        "date": "2026-06-05",
        "close": 85290.0,
        "volume": 129359,
        "typical_volume": 629559.1,
        "trend": 57844.479688,
        "fair_value": 33282.311661,
        "relative_strength": 1.054599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.432683,
        "energy": 90.492123,
        "activity_lines": [
          83900.333333,
          78208.004617,
          70482.383017,
          65119.434812
        ]
      },
      {
        "date": "2026-06-12",
        "close": 84010.0,
        "volume": 234602,
        "typical_volume": 611455.65,
        "trend": 59262.533073,
        "fair_value": 33655.466434,
        "relative_strength": -0.016767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.235112,
        "energy": 86.952485,
        "activity_lines": [
          84466.0,
          80221.786648,
          72283.255822,
          66807.532897
        ]
      },
      {
        "date": "2026-06-19",
        "close": 94310.0,
        "volume": 208058,
        "typical_volume": 577938.55,
        "trend": 61081.590755,
        "fair_value": 34097.775153,
        "relative_strength": 0.697461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.29204,
        "energy": 92.19339,
        "activity_lines": [
          88079.666667,
          83600.884375,
          74911.152958,
          69068.659795
        ]
      },
      {
        "date": "2026-06-26",
        "close": 87986.140625,
        "volume": 103197,
        "typical_volume": 537971.65,
        "trend": 62663.834896,
        "fair_value": 34499.300957,
        "relative_strength": 1.076003,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.100683,
        "energy": 65.869949,
        "activity_lines": [
          88524.713542,
          85223.44929,
          76745.666109,
          70804.437206
        ]
      },
      {
        "date": "2026-07-03",
        "close": 84339.820313,
        "volume": 89816,
        "typical_volume": 515774.75,
        "trend": 64065.538151,
        "fair_value": 34879.906475,
        "relative_strength": 0.731437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.367519,
        "energy": 61.906931,
        "activity_lines": [
          87325.577604,
          85757.063068,
          78065.182813,
          72202.887878
        ]
      },
      {
        "date": "2026-07-10",
        "close": 78211.007813,
        "volume": 673596,
        "typical_volume": 537953.85,
        "trend": 65240.244011,
        "fair_value": 35215.489508,
        "relative_strength": 1.031859,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.642549,
        "energy": 46.455684,
        "activity_lines": [
          84333.516146,
          84868.956108,
          78671.207217,
          73115.498824
        ]
      },
      {
        "date": "2026-07-17",
        "close": 71028.265625,
        "volume": 588401,
        "typical_volume": 523558.25,
        "trend": 66222.092708,
        "fair_value": 35506.286796,
        "relative_strength": 0.543406,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.189268,
        "energy": 21.634601,
        "activity_lines": [
          79419.140104,
          82502.78679,
          78507.881511,
          73488.919573
        ]
      },
      {
        "date": "2026-07-24",
        "close": 69929.375,
        "volume": 298979,
        "typical_volume": 444567.45,
        "trend": 67131.516016,
        "fair_value": 35790.101237,
        "relative_strength": 0.879537,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.441761,
        "energy": 23.375458,
        "activity_lines": [
          75003.916146,
          80067.759801,
          78211.335305,
          73728.099076
        ]
      },
      {
        "date": "2026-07-31",
        "close": 68885.0,
        "volume": 1145818,
        "typical_volume": 464656.05,
        "trend": 67942.324219,
        "fair_value": 36067.98773,
        "relative_strength": 0.780697,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.384031,
        "energy": 22.59585,
        "activity_lines": [
          71865.942188,
          77596.857813,
          77758.439174,
          73841.227075
        ]
      },
      {
        "date": "2026-08-07",
        "close": 65220.0,
        "volume": 361779,
        "typical_volume": 466324.3,
        "trend": 68535.676042,
        "fair_value": 36322.411271,
        "relative_strength": 0.523832,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.804299,
        "energy": 30.065473,
        "activity_lines": [
          68779.710938,
          74689.955824,
          76900.412407,
          73665.593254
        ]
      }
    ],
    "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."
    }
  }
}