{
  "ticker": {
    "uuid": "30598cd1-a821-4612-b021-978f62d09af8",
    "symbol": "COCHINSHIP",
    "name": "Cochin Shipyard Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 71.578,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -37.21,
    "architecture_energy": 28.005,
    "architecture_maturity": 5.634,
    "architecture_confidence": 90.639,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 43.36,
        "rotation_up": 23.97,
        "upward_expansion": 9.07,
        "deceleration": 40.33,
        "rotation_down": 43.88,
        "downward_expansion": 75.41
      },
      "activity_lines": [
        1446.006649,
        1446.952717,
        1481.324278,
        1482.72698
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": -0.166667
    },
    "latest_close": 1519.699951,
    "trend_reference": 1489.285946,
    "distance_from_trend": 0.020422,
    "trend_direction": "Weakening",
    "fair_value": 1440.348639,
    "distance_from_fair_value": 0.055092,
    "fair_value_direction": "Weakening",
    "relative_strength": -3.081392,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.019864,
    "excess_performance": 0.063574,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.020422,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.041834,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.055092,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.268743,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.030814,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.107826,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.019864,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.307503,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 7780639,
      "relative_activity": 1.082713,
      "balance": 0.307503,
      "dry_up": 0.700238,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.053943,
      "annualized_volatility": 0.358865,
      "from_high_reference": -0.228864,
      "from_low_reference": 0.280286
    },
    "levels": {
      "trend_reference": 1489.285946,
      "fair_value_reference": 1440.348639,
      "structural_low": 1187.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 18,
        "median_return": 0.02169,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.444444,
        "median_excess_return": 0.011333,
        "regime_survival": 0.777778,
        "best_return": 0.163697,
        "worst_return": -0.169584,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.021706,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": 0.068192,
        "regime_survival": 0.428571,
        "best_return": 0.446375,
        "worst_return": -0.102598,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.216258,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.234834,
        "regime_survival": 0.0,
        "best_return": 1.322574,
        "worst_return": -0.117217,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.55226,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.505032,
        "regime_survival": 0.0,
        "best_return": 3.230973,
        "worst_return": 0.314616,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-10-27",
        "end": "2023-11-24",
        "tenure": "Developing",
        "return": 0.145698,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-01",
        "end": "2024-08-09",
        "tenure": "Extended",
        "return": 3.09473,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-10-04",
        "tenure": "Developing",
        "return": -0.250605,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-10-11",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.209778,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-04-04",
        "tenure": "Established",
        "return": 0.073216,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.059672,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-16",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": -0.082727,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-25",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": -0.110706,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-05",
        "end": "2025-09-26",
        "tenure": "New",
        "return": 0.135914,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-03",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.086085,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-05-01",
        "tenure": "Established",
        "return": 0.042808,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-05-29",
        "tenure": "New",
        "return": -0.174087,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-05",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.032451,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.067955,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 410.42392,
        "volume": 139248988,
        "typical_volume": 23254062.4,
        "trend": 262.551022,
        "fair_value": 190.722005,
        "relative_strength": 50.985268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.907126,
        "energy": 80.739659,
        "activity_lines": [
          351.712199,
          329.74362,
          301.403873,
          283.496138
        ]
      },
      {
        "date": "2023-08-25",
        "close": 408.599121,
        "volume": 38630924,
        "typical_volume": 24986137.9,
        "trend": 268.577269,
        "fair_value": 192.399345,
        "relative_strength": 48.340264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.778293,
        "energy": 87.957461,
        "activity_lines": [
          374.105587,
          347.105996,
          313.55338,
          292.918596
        ]
      },
      {
        "date": "2023-09-01",
        "close": 442.077332,
        "volume": 46023456,
        "typical_volume": 27084666.7,
        "trend": 275.765022,
        "fair_value": 194.36414,
        "relative_strength": 56.448621,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.51297,
        "energy": 92.488908,
        "activity_lines": [
          402.062466,
          368.250157,
          328.074145,
          304.112148
        ]
      },
      {
        "date": "2023-09-08",
        "close": 588.519958,
        "volume": 91939528,
        "typical_volume": 31500673.7,
        "trend": 287.729473,
        "fair_value": 197.263416,
        "relative_strength": 99.086974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 97.496281,
        "energy": 98.633404,
        "activity_lines": [
          471.455052,
          413.044018,
          355.564106,
          324.289886
        ]
      },
      {
        "date": "2023-09-15",
        "close": 538.692017,
        "volume": 44067284,
        "typical_volume": 33409313.6,
        "trend": 297.880301,
        "fair_value": 199.801006,
        "relative_strength": 75.168061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.37925,
        "energy": 93.224687,
        "activity_lines": [
          506.759605,
          443.08369,
          376.636379,
          340.481018
        ]
      },
      {
        "date": "2023-09-22",
        "close": 489.023621,
        "volume": 16701452,
        "typical_volume": 33672002.3,
        "trend": 306.645256,
        "fair_value": 202.052457,
        "relative_strength": 60.539821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.227104,
        "energy": 83.949483,
        "activity_lines": [
          510.546655,
          459.426237,
          391.57958,
          352.812845
        ]
      },
      {
        "date": "2023-09-29",
        "close": 529.574219,
        "volume": 72088334,
        "typical_volume": 37056182.8,
        "trend": 316.759464,
        "fair_value": 204.501855,
        "relative_strength": 71.042226,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.857387,
        "energy": 68.79375,
        "activity_lines": [
          522.610592,
          479.821426,
          409.329218,
          367.195359
        ]
      },
      {
        "date": "2023-10-06",
        "close": 523.255005,
        "volume": 21422952,
        "typical_volume": 37692622.5,
        "trend": 326.614371,
        "fair_value": 206.925619,
        "relative_strength": 66.387938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.398114,
        "energy": 64.460426,
        "activity_lines": [
          524.503117,
          495.341961,
          425.205345,
          380.517652
        ]
      },
      {
        "date": "2023-10-13",
        "close": 502.686829,
        "volume": 14851002,
        "typical_volume": 38038599.6,
        "trend": 336.1689,
        "fair_value": 209.249086,
        "relative_strength": 56.974779,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.217866,
        "energy": 57.919219,
        "activity_lines": [
          514.127739,
          503.634551,
          437.88715,
          391.877165
        ]
      },
      {
        "date": "2023-10-20",
        "close": 490.145905,
        "volume": 15365832,
        "typical_volume": 38534668.1,
        "trend": 345.488683,
        "fair_value": 211.382635,
        "relative_strength": 52.678889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.365222,
        "energy": 48.63187,
        "activity_lines": [
          505.294261,
          506.440652,
          448.091213,
          401.811165
        ]
      },
      {
        "date": "2023-10-27",
        "close": 481.313538,
        "volume": 26188776,
        "typical_volume": 37674036.4,
        "trend": 353.815782,
        "fair_value": 213.525867,
        "relative_strength": 51.926513,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.30078,
        "energy": 38.562215,
        "activity_lines": [
          496.753068,
          504.443152,
          456.281657,
          410.574059
        ]
      },
      {
        "date": "2023-11-03",
        "close": 461.160248,
        "volume": 9712244,
        "typical_volume": 36648747.4,
        "trend": 361.287818,
        "fair_value": 215.551448,
        "relative_strength": 42.831714,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.874207,
        "energy": 29.066085,
        "activity_lines": [
          482.008118,
          497.492514,
          461.511451,
          417.499509
        ]
      },
      {
        "date": "2023-11-10",
        "close": 511.7388,
        "volume": 30720554,
        "typical_volume": 37059919.8,
        "trend": 370.453916,
        "fair_value": 217.899165,
        "relative_strength": 55.160312,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.669449,
        "energy": 29.157076,
        "activity_lines": [
          488.683616,
          498.78232,
          470.704227,
          427.206024
        ]
      },
      {
        "date": "2023-11-17",
        "close": 527.719971,
        "volume": 16497454,
        "typical_volume": 37514636.1,
        "trend": 380.132444,
        "fair_value": 220.336122,
        "relative_strength": 55.811186,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.427554,
        "energy": 35.419979,
        "activity_lines": [
          501.453919,
          501.711221,
          480.307808,
          437.352221
        ]
      },
      {
        "date": "2023-11-24",
        "close": 551.440063,
        "volume": 29533010,
        "typical_volume": 38577848.5,
        "trend": 390.348608,
        "fair_value": 222.844513,
        "relative_strength": 60.216269,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.855578,
        "energy": 45.960383,
        "activity_lines": [
          520.462042,
          510.058321,
          490.968536,
          448.404325
        ]
      },
      {
        "date": "2023-12-01",
        "close": 573.710083,
        "volume": 30012474,
        "typical_volume": 36629179.4,
        "trend": 400.560175,
        "fair_value": 225.507475,
        "relative_strength": 60.773874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.348224,
        "energy": 59.297341,
        "activity_lines": [
          542.807229,
          522.222732,
          502.467333,
          460.234098
        ]
      },
      {
        "date": "2023-12-08",
        "close": 621.888123,
        "volume": 39659402,
        "typical_volume": 36596762.5,
        "trend": 412.539065,
        "fair_value": 228.493726,
        "relative_strength": 65.942571,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.64902,
        "energy": 85.681015,
        "activity_lines": [
          575.051992,
          541.607034,
          517.281671,
          474.51332
        ]
      },
      {
        "date": "2023-12-15",
        "close": 618.397705,
        "volume": 15258486,
        "typical_volume": 36062851.5,
        "trend": 424.358624,
        "fair_value": 231.43439,
        "relative_strength": 59.089038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.197204,
        "energy": 89.856599,
        "activity_lines": [
          595.418091,
          558.678279,
          530.348218,
          487.794523
        ]
      },
      {
        "date": "2023-12-22",
        "close": 639.782654,
        "volume": 35386612,
        "typical_volume": 37161039.7,
        "trend": 437.912067,
        "fair_value": 234.556616,
        "relative_strength": 62.556619,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.900175,
        "energy": 90.951464,
        "activity_lines": [
          615.801913,
          577.907829,
          544.084771,
          501.692847
        ]
      },
      {
        "date": "2023-12-29",
        "close": 665.61676,
        "volume": 27502620,
        "typical_volume": 38040569.2,
        "trend": 451.968184,
        "fair_value": 237.779673,
        "relative_strength": 63.340416,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.444784,
        "energy": 92.319368,
        "activity_lines": [
          637.326257,
          599.341839,
          558.789126,
          516.383473
        ]
      },
      {
        "date": "2024-01-05",
        "close": 669.918457,
        "volume": 14056456,
        "typical_volume": 31780942.6,
        "trend": 465.544031,
        "fair_value": 240.985826,
        "relative_strength": 61.669401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.667204,
        "energy": 89.11398,
        "activity_lines": [
          652.672721,
          618.367595,
          572.230094,
          530.44478
        ]
      },
      {
        "date": "2024-01-12",
        "close": 741.202026,
        "volume": 48794990,
        "typical_volume": 32289145.9,
        "trend": 480.856927,
        "fair_value": 244.67571,
        "relative_strength": 73.749282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.131761,
        "energy": 79.85009,
        "activity_lines": [
          685.366483,
          646.924821,
          591.224285,
          548.229167
        ]
      },
      {
        "date": "2024-01-19",
        "close": 859.041199,
        "volume": 55043845,
        "typical_volume": 32740165.35,
        "trend": 500.212147,
        "fair_value": 249.159953,
        "relative_strength": 98.766194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.36551,
        "energy": 90.022308,
        "activity_lines": [
          749.38571,
          691.815682,
          619.857431,
          572.628153
        ]
      },
      {
        "date": "2024-01-26",
        "close": 856.976501,
        "volume": 9452688,
        "typical_volume": 28615823.35,
        "trend": 519.60073,
        "fair_value": 253.661547,
        "relative_strength": 95.674358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.104613,
        "energy": 89.958471,
        "activity_lines": [
          796.673804,
          730.016554,
          646.308397,
          595.645208
        ]
      },
      {
        "date": "2024-02-02",
        "close": 890.012756,
        "volume": 18858760,
        "typical_volume": 27355397.15,
        "trend": 539.866686,
        "fair_value": 258.380459,
        "relative_strength": 93.470102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.785066,
        "energy": 89.252152,
        "activity_lines": [
          840.494393,
          768.237535,
          674.627308,
          619.542758
        ]
      },
      {
        "date": "2024-02-09",
        "close": 867.841125,
        "volume": 11378625,
        "typical_volume": 27089255.8,
        "trend": 558.58096,
        "fair_value": 262.946292,
        "relative_strength": 84.714449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.618091,
        "energy": 87.81664,
        "activity_lines": [
          861.964705,
          796.271444,
          699.16168,
          640.702399
        ]
      },
      {
        "date": "2024-02-16",
        "close": 828.454407,
        "volume": 11453220,
        "typical_volume": 24057500.1,
        "trend": 575.374093,
        "fair_value": 267.223938,
        "relative_strength": 70.534688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.592998,
        "energy": 66.826477,
        "activity_lines": [
          857.111267,
          811.796294,
          718.141043,
          658.113589
        ]
      },
      {
        "date": "2024-02-23",
        "close": 847.654175,
        "volume": 7049674,
        "typical_volume": 23338836.2,
        "trend": 592.582571,
        "fair_value": 271.587496,
        "relative_strength": 69.408499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.252325,
        "energy": 64.176117,
        "activity_lines": [
          852.840926,
          827.056261,
          737.525716,
          675.680046
        ]
      },
      {
        "date": "2024-03-01",
        "close": 862.559875,
        "volume": 14939937,
        "typical_volume": 23343282.95,
        "trend": 610.456595,
        "fair_value": 275.982427,
        "relative_strength": 67.726262,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.193785,
        "energy": 59.608418,
        "activity_lines": [
          854.298287,
          840.858055,
          756.785221,
          693.097937
        ]
      },
      {
        "date": "2024-03-08",
        "close": 856.044861,
        "volume": 6969599,
        "typical_volume": 22923471.3,
        "trend": 628.515708,
        "fair_value": 280.369267,
        "relative_strength": 61.933929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.993209,
        "energy": 53.996671,
        "activity_lines": [
          853.211751,
          849.424807,
          773.710568,
          708.942341
        ]
      },
      {
        "date": "2024-03-15",
        "close": 878.995789,
        "volume": 21176523,
        "typical_volume": 22672858.65,
        "trend": 644.134771,
        "fair_value": 284.963086,
        "relative_strength": 66.117651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.338959,
        "energy": 50.600483,
        "activity_lines": [
          862.040051,
          858.702125,
          791.079342,
          725.102346
        ]
      },
      {
        "date": "2024-03-22",
        "close": 890.841431,
        "volume": 17210223,
        "typical_volume": 23047757.6,
        "trend": 660.209514,
        "fair_value": 289.655142,
        "relative_strength": 64.133095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.159674,
        "energy": 50.433315,
        "activity_lines": [
          874.073255,
          866.331791,
          807.682547,
          741.018905
        ]
      },
      {
        "date": "2024-03-29",
        "close": 860.585632,
        "volume": 4190765,
        "typical_volume": 21721268.15,
        "trend": 674.159791,
        "fair_value": 294.0826,
        "relative_strength": 53.88689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.168476,
        "energy": 45.29456,
        "activity_lines": [
          871.862057,
          865.739685,
          819.358146,
          753.946396
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1067.291992,
        "volume": 43668016,
        "typical_volume": 23079796.25,
        "trend": 690.118859,
        "fair_value": 299.843589,
        "relative_strength": 84.459241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.836585,
        "energy": 60.389273,
        "activity_lines": [
          937.690881,
          902.702474,
          849.05889,
          779.309764
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1082.444702,
        "volume": 17477096,
        "typical_volume": 22477000.55,
        "trend": 708.243948,
        "fair_value": 305.752647,
        "relative_strength": 82.285746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.397829,
        "energy": 82.404226,
        "activity_lines": [
          994.921802,
          938.596382,
          877.633359,
          804.621109
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1084.862915,
        "volume": 15652610,
        "typical_volume": 21759007.35,
        "trend": 728.105258,
        "fair_value": 311.701094,
        "relative_strength": 81.074785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.230505,
        "energy": 87.550849,
        "activity_lines": [
          1037.86547,
          971.431203,
          903.90954,
          828.919107
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1334.658081,
        "volume": 46587348,
        "typical_volume": 22105404.65,
        "trend": 754.941387,
        "fair_value": 319.204602,
        "relative_strength": 113.092406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.332866,
        "energy": 96.917991,
        "activity_lines": [
          1150.349719,
          1045.737477,
          951.541676,
          868.051547
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1304.895752,
        "volume": 10666393,
        "typical_volume": 21875800.0,
        "trend": 780.996079,
        "fair_value": 326.505095,
        "relative_strength": 101.812388,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.349701,
        "energy": 93.694569,
        "activity_lines": [
          1223.325415,
          1105.428714,
          992.945162,
          903.532473
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1213.931274,
        "volume": 14146285,
        "typical_volume": 20813783.65,
        "trend": 804.704227,
        "fair_value": 333.183488,
        "relative_strength": 86.256482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.898425,
        "energy": 85.749506,
        "activity_lines": [
          1236.358944,
          1140.267473,
          1022.416325,
          931.463776
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1396.650146,
        "volume": 37613602,
        "typical_volume": 21319332.75,
        "trend": 834.921035,
        "fair_value": 341.027975,
        "relative_strength": 104.041744,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.206278,
        "energy": 87.02865,
        "activity_lines": [
          1300.522811,
          1201.939273,
          1066.555245,
          969.653836
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1887.947998,
        "volume": 69301203,
        "typical_volume": 24081570.1,
        "trend": 881.80885,
        "fair_value": 352.037924,
        "relative_strength": 158.554315,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.376512,
        "energy": 84.606296,
        "activity_lines": [
          1507.505599,
          1343.108769,
          1154.003326,
          1037.591059
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1922.596558,
        "volume": 51820008,
        "typical_volume": 24232821.0,
        "trend": 930.523394,
        "fair_value": 363.263072,
        "relative_strength": 157.065329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.165857,
        "energy": 82.636405,
        "activity_lines": [
          1672.498901,
          1472.233417,
          1238.951128,
          1104.738653
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1888.145264,
        "volume": 26513558,
        "typical_volume": 22806306.65,
        "trend": 976.403609,
        "fair_value": 374.179316,
        "relative_strength": 135.111412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.167614,
        "energy": 81.487202,
        "activity_lines": [
          1786.812541,
          1576.33501,
          1314.992167,
          1166.520709
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2095.049561,
        "volume": 22256113,
        "typical_volume": 23446477.9,
        "trend": 1028.647929,
        "fair_value": 386.428633,
        "relative_strength": 148.620581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.441532,
        "energy": 90.44736,
        "activity_lines": [
          1931.210978,
          1699.372663,
          1405.837881,
          1238.691416
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2104.821777,
        "volume": 25113264,
        "typical_volume": 23759203.1,
        "trend": 1080.427319,
        "fair_value": 398.760881,
        "relative_strength": 139.816234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.784642,
        "energy": 78.708211,
        "activity_lines": [
          2020.125602,
          1805.500582,
          1491.718697,
          1308.121987
        ]
      },
      {
        "date": "2024-06-28",
        "close": 2186.655518,
        "volume": 20460407,
        "typical_volume": 24213292.2,
        "trend": 1134.192167,
        "fair_value": 411.651951,
        "relative_strength": 134.585658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.347856,
        "energy": 71.030296,
        "activity_lines": [
          2089.106698,
          1907.918688,
          1579.608397,
          1379.491548
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2801.098633,
        "volume": 43680120,
        "typical_volume": 25824637.2,
        "trend": 1206.832517,
        "fair_value": 428.491687,
        "relative_strength": 182.557055,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.246969,
        "energy": 81.702532,
        "activity_lines": [
          2342.98833,
          2102.021132,
          1719.73642,
          1487.033901
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2792.362549,
        "volume": 22479194,
        "typical_volume": 26596113.2,
        "trend": 1279.298012,
        "fair_value": 445.285495,
        "relative_strength": 167.23078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.409747,
        "energy": 75.322823,
        "activity_lines": [
          2535.39113,
          2267.872641,
          1849.638892,
          1589.326161
        ]
      },
      {
        "date": "2024-07-19",
        "close": 2510.48584,
        "volume": 8868376,
        "typical_volume": 26292535.15,
        "trend": 1341.654785,
        "fair_value": 460.303481,
        "relative_strength": 131.024882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.938649,
        "energy": 67.530757,
        "activity_lines": [
          2573.553874,
          2355.428989,
          1943.435447,
          1668.757634
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2435.858154,
        "volume": 10934707,
        "typical_volume": 26490790.55,
        "trend": 1400.662832,
        "fair_value": 474.833876,
        "relative_strength": 113.87347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.310411,
        "energy": 66.523535,
        "activity_lines": [
          2559.144971,
          2405.842947,
          2022.277336,
          1739.351399
        ]
      },
      {
        "date": "2024-08-02",
        "close": 2505.253662,
        "volume": 8341366,
        "typical_volume": 25849032.7,
        "trend": 1461.840672,
        "fair_value": 489.821201,
        "relative_strength": 113.434275,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.421811,
        "energy": 62.267739,
        "activity_lines": [
          2545.798812,
          2449.979579,
          2100.205401,
          1810.615324
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2349.187744,
        "volume": 13795465,
        "typical_volume": 25678294.8,
        "trend": 1515.440196,
        "fair_value": 503.850264,
        "relative_strength": 96.626096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.090869,
        "energy": 48.596183,
        "activity_lines": [
          2459.190804,
          2454.51685,
          2155.525961,
          1867.863522
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2170.170166,
        "volume": 7316592,
        "typical_volume": 25834586.15,
        "trend": 1559.144495,
        "fair_value": 516.746167,
        "relative_strength": 75.727114,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.358026,
        "energy": 34.735375,
        "activity_lines": [
          2343.037663,
          2418.749268,
          2186.85272,
          1910.104165
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2058.376953,
        "volume": 9606072,
        "typical_volume": 24131488.95,
        "trend": 1599.191176,
        "fair_value": 528.925879,
        "relative_strength": 60.984663,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.137927,
        "energy": 24.668318,
        "activity_lines": [
          2231.099609,
          2357.527921,
          2201.296391,
          1942.312711
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1862.381104,
        "volume": 11813180,
        "typical_volume": 23848293.15,
        "trend": 1631.603455,
        "fair_value": 539.817119,
        "relative_strength": 40.593845,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.172299,
        "energy": 24.47109,
        "activity_lines": [
          2083.970199,
          2261.33774,
          2192.354338,
          1959.292706
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1837.406616,
        "volume": 16821379,
        "typical_volume": 23906731.6,
        "trend": 1663.922304,
        "fair_value": 550.534596,
        "relative_strength": 38.603831,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.482706,
        "energy": 21.850167,
        "activity_lines": [
          1966.747762,
          2165.014755,
          2177.319779,
          1972.57033
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1793.429565,
        "volume": 5251247,
        "typical_volume": 21839926.55,
        "trend": 1696.088143,
        "fair_value": 560.94283,
        "relative_strength": 30.522699,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.294574,
        "energy": 28.39053,
        "activity_lines": [
          1879.389445,
          2067.045923,
          2154.513388,
          1980.925637
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1822.303345,
        "volume": 11538780,
        "typical_volume": 21883545.9,
        "trend": 1728.576449,
        "fair_value": 571.577835,
        "relative_strength": 28.304568,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.590618,
        "energy": 29.025158,
        "activity_lines": [
          1838.706266,
          1992.648125,
          2132.272255,
          1989.068553
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1707.062744,
        "volume": 6371596,
        "typical_volume": 21494811.45,
        "trend": 1756.726544,
        "fair_value": 581.477884,
        "relative_strength": 16.848948,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -13.011763,
        "energy": 37.948894,
        "activity_lines": [
          1782.800675,
          1914.93493,
          2096.591981,
          1987.680572
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1626.315186,
        "volume": 1801499,
        "typical_volume": 19704206.3,
        "trend": 1782.402222,
        "fair_value": 590.858147,
        "relative_strength": 14.982247,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -38.036964,
        "energy": 60.993942,
        "activity_lines": [
          1723.400179,
          1837.148054,
          2050.873218,
          1979.266936
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1641.43689,
        "volume": 2352454,
        "typical_volume": 16356768.85,
        "trend": 1807.816925,
        "fair_value": 600.305791,
        "relative_strength": 14.713118,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.293571,
        "energy": 55.188143,
        "activity_lines": [
          1684.777979,
          1776.829541,
          2005.500975,
          1970.172399
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1545.815063,
        "volume": 4336469,
        "typical_volume": 13982591.9,
        "trend": 1829.649379,
        "fair_value": 609.182632,
        "relative_strength": 7.17492,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.817347,
        "energy": 62.774243,
        "activity_lines": [
          1627.346484,
          1714.831001,
          1952.195753,
          1953.269053
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1349.480957,
        "volume": 3476997,
        "typical_volume": 12830763.85,
        "trend": 1845.94589,
        "fair_value": 616.820769,
        "relative_strength": -4.795832,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -57.724833,
        "energy": 76.312253,
        "activity_lines": [
          1520.977922,
          1631.742128,
          1881.986243,
          1922.290445
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1509.44397,
        "volume": 2053449,
        "typical_volume": 11820630.65,
        "trend": 1860.68429,
        "fair_value": 625.441282,
        "relative_strength": 4.639251,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.874751,
        "energy": 67.680901,
        "activity_lines": [
          1499.451856,
          1592.65906,
          1829.576373,
          1900.580643
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1431.068481,
        "volume": 2163048,
        "typical_volume": 10673119.85,
        "trend": 1872.305082,
        "fair_value": 633.537513,
        "relative_strength": -1.20619,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.028153,
        "energy": 75.173766,
        "activity_lines": [
          1464.975211,
          1549.306503,
          1772.490769,
          1872.863494
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1297.098877,
        "volume": 1408600,
        "typical_volume": 9720529.5,
        "trend": 1879.379614,
        "fair_value": 640.805967,
        "relative_strength": -8.94104,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -80.040187,
        "energy": 89.542257,
        "activity_lines": [
          1398.85848,
          1489.437884,
          1705.854504,
          1835.753417
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1288.110596,
        "volume": 1443527,
        "typical_volume": 7608699.85,
        "trend": 1877.828031,
        "fair_value": 648.033881,
        "relative_strength": -11.718582,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.634093,
        "energy": 86.04043,
        "activity_lines": [
          1352.701522,
          1437.758809,
          1642.598197,
          1797.607028
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1563.716675,
        "volume": 3492375,
        "typical_volume": 6659358.9,
        "trend": 1886.455396,
        "fair_value": 657.041764,
        "relative_strength": 4.969022,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.94297,
        "energy": 66.059971,
        "activity_lines": [
          1415.593555,
          1445.377548,
          1612.794792,
          1777.34178
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1677.32959,
        "volume": 3231943,
        "typical_volume": 6377537.25,
        "trend": 1901.902006,
        "fair_value": 666.766145,
        "relative_strength": 8.802689,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.594812,
        "energy": 44.679535,
        "activity_lines": [
          1502.074178,
          1478.354756,
          1599.66236,
          1763.849792
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1592.516357,
        "volume": 1591585,
        "typical_volume": 5910381.15,
        "trend": 1908.43088,
        "fair_value": 675.969989,
        "relative_strength": 1.811823,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.197815,
        "energy": 30.351123,
        "activity_lines": [
          1549.091349,
          1496.45198,
          1582.419888,
          1743.889428
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1480.687866,
        "volume": 1341174,
        "typical_volume": 5560371.55,
        "trend": 1894.855542,
        "fair_value": 684.477025,
        "relative_strength": -1.581901,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.122104,
        "energy": 29.851849,
        "activity_lines": [
          1548.069165,
          1494.831274,
          1558.542996,
          1716.293104
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1525.796021,
        "volume": 1007778,
        "typical_volume": 4920987.2,
        "trend": 1881.628857,
        "fair_value": 693.207638,
        "relative_strength": -0.548527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.699015,
        "energy": 25.775311,
        "activity_lines": [
          1549.843766,
          1504.334761,
          1543.841004,
          1692.482813
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1584.486206,
        "volume": 3534555,
        "typical_volume": 4731885.35,
        "trend": 1871.506889,
        "fair_value": 702.337901,
        "relative_strength": 1.389845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.575715,
        "energy": 23.812443,
        "activity_lines": [
          1555.336068,
          1524.873173,
          1538.649466,
          1673.312319
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1418.775513,
        "volume": 1836851,
        "typical_volume": 4343424.3,
        "trend": 1848.964421,
        "fair_value": 710.404885,
        "relative_strength": -7.720472,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.715098,
        "energy": 39.577838,
        "activity_lines": [
          1504.206836,
          1511.009546,
          1520.464929,
          1644.103843
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1479.795654,
        "volume": 2108873,
        "typical_volume": 3858208.95,
        "trend": 1828.130217,
        "fair_value": 718.873781,
        "relative_strength": -3.484807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.090077,
        "energy": 35.000662,
        "activity_lines": [
          1490.65459,
          1509.889007,
          1511.137555,
          1620.286503
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1446.038696,
        "volume": 2182482,
        "typical_volume": 3126264.1,
        "trend": 1803.442989,
        "fair_value": 727.138518,
        "relative_strength": -5.849279,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.806169,
        "energy": 35.121249,
        "activity_lines": [
          1473.364738,
          1501.744891,
          1500.417068,
          1595.635437
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1519.104248,
        "volume": 2588590,
        "typical_volume": 2993131.25,
        "trend": 1760.709843,
        "fair_value": 735.875014,
        "relative_strength": -3.509742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.475025,
        "energy": 31.164817,
        "activity_lines": [
          1482.740015,
          1504.177424,
          1498.518862,
          1577.291002
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1349.180176,
        "volume": 4125790,
        "typical_volume": 2622481.75,
        "trend": 1712.603764,
        "fair_value": 743.553936,
        "relative_strength": -14.916182,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.916613,
        "energy": 40.474024,
        "activity_lines": [
          1435.920052,
          1471.514786,
          1481.743722,
          1550.740701
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1228.846069,
        "volume": 4786205,
        "typical_volume": 2543212.2,
        "trend": 1669.882438,
        "fair_value": 750.508642,
        "relative_strength": -20.735736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.892,
        "energy": 55.499873,
        "activity_lines": [
          1364.675789,
          1420.873884,
          1455.761158,
          1519.530528
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1316.070557,
        "volume": 4992111,
        "typical_volume": 2702742.8,
        "trend": 1632.556185,
        "fair_value": 758.075841,
        "relative_strength": -15.085605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.438532,
        "energy": 52.172935,
        "activity_lines": [
          1335.168319,
          1394.246225,
          1440.362911,
          1496.703955
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1260.952637,
        "volume": 3107818,
        "typical_volume": 2740511.0,
        "trend": 1591.079484,
        "fair_value": 765.287309,
        "relative_strength": -16.607247,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.439488,
        "energy": 69.4148,
        "activity_lines": [
          1298.203215,
          1362.623413,
          1421.192693,
          1472.729532
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1327.849487,
        "volume": 5730545,
        "typical_volume": 2810214.8,
        "trend": 1557.034875,
        "fair_value": 772.880873,
        "relative_strength": -14.350645,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.101987,
        "energy": 59.810282,
        "activity_lines": [
          1295.876131,
          1347.158851,
          1410.205434,
          1455.746952
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1283.914307,
        "volume": 2832368,
        "typical_volume": 2777983.35,
        "trend": 1527.493014,
        "fair_value": 780.192802,
        "relative_strength": -17.014566,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.706219,
        "energy": 43.68789,
        "activity_lines": [
          1291.654305,
          1327.305103,
          1396.071803,
          1438.12627
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1429.63623,
        "volume": 8925519,
        "typical_volume": 3121586.85,
        "trend": 1506.534989,
        "fair_value": 788.451055,
        "relative_strength": -11.88091,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.679069,
        "energy": 28.115177,
        "activity_lines": [
          1340.357511,
          1339.411193,
          1396.128673,
          1431.812929
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1399.46814,
        "volume": 7083621,
        "typical_volume": 3367615.5,
        "trend": 1491.104557,
        "fair_value": 796.50899,
        "relative_strength": -14.853945,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.407852,
        "energy": 18.754611,
        "activity_lines": [
          1365.618677,
          1345.834708,
          1393.692428,
          1424.90539
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1382.420776,
        "volume": 3991156,
        "typical_volume": 3496743.3,
        "trend": 1475.938363,
        "fair_value": 804.382127,
        "relative_strength": -13.939801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.401163,
        "energy": 16.996227,
        "activity_lines": [
          1379.637549,
          1350.619203,
          1389.783102,
          1417.893533
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1392.609375,
        "volume": 4340812,
        "typical_volume": 3641607.55,
        "trend": 1462.57769,
        "fair_value": 812.273244,
        "relative_strength": -13.324737,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.135242,
        "energy": 17.750503,
        "activity_lines": [
          1388.954744,
          1358.41286,
          1386.437824,
          1412.51747
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1441.117065,
        "volume": 3793614,
        "typical_volume": 3656669.5,
        "trend": 1449.87148,
        "fair_value": 820.455109,
        "relative_strength": -14.42042,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.968656,
        "energy": 13.243872,
        "activity_lines": [
          1410.123844,
          1377.326003,
          1387.214713,
          1411.132913
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1407.022583,
        "volume": 9523986,
        "typical_volume": 3971271.65,
        "trend": 1439.870142,
        "fair_value": 828.466656,
        "relative_strength": -17.074903,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.952276,
        "energy": 9.695973,
        "activity_lines": [
          1409.447933,
          1388.36857,
          1385.328317,
          1408.368468
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1522.626099,
        "volume": 24793132,
        "typical_volume": 5131349.0,
        "trend": 1436.413839,
        "fair_value": 837.253769,
        "relative_strength": -11.502535,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.629847,
        "energy": 16.202205,
        "activity_lines": [
          1448.814103,
          1417.190385,
          1395.738955,
          1413.707562
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1475.70874,
        "volume": 11706601,
        "typical_volume": 5649620.35,
        "trend": 1430.889567,
        "fair_value": 845.77073,
        "relative_strength": -13.171272,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.122512,
        "energy": 18.839385,
        "activity_lines": [
          1464.330623,
          1433.726216,
          1402.014084,
          1416.242717
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2023.408691,
        "volume": 79940896,
        "typical_volume": 9596276.25,
        "trend": 1446.809355,
        "fair_value": 857.765124,
        "relative_strength": 13.66253,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.266576,
        "energy": 77.326963,
        "activity_lines": [
          1656.194596,
          1545.9392,
          1460.474823,
          1454.469757
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1903.531128,
        "volume": 58217104,
        "typical_volume": 12330403.7,
        "trend": 1465.277694,
        "fair_value": 868.994841,
        "relative_strength": 7.810098,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.489941,
        "energy": 80.503875,
        "activity_lines": [
          1766.046094,
          1623.709732,
          1505.149068,
          1483.935678
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1935.438843,
        "volume": 17447381,
        "typical_volume": 13110930.2,
        "trend": 1479.477523,
        "fair_value": 880.414323,
        "relative_strength": 10.283995,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.079659,
        "energy": 82.815694,
        "activity_lines": [
          1855.705892,
          1696.015907,
          1551.34288,
          1514.268656
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2378.171387,
        "volume": 67248143,
        "typical_volume": 16367893.7,
        "trend": 1511.04762,
        "fair_value": 894.703488,
        "relative_strength": 33.634779,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.263387,
        "energy": 93.427862,
        "activity_lines": [
          2057.715454,
          1839.622496,
          1637.241396,
          1572.248905
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2148.654297,
        "volume": 32818258,
        "typical_volume": 17899682.5,
        "trend": 1539.4328,
        "fair_value": 907.564651,
        "relative_strength": 22.204926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.079891,
        "energy": 83.120394,
        "activity_lines": [
          2126.182967,
          1923.704102,
          1697.003161,
          1613.38482
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2166.148682,
        "volume": 23599140,
        "typical_volume": 18950210.0,
        "trend": 1568.700736,
        "fair_value": 920.510223,
        "relative_strength": 21.376399,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.891762,
        "energy": 79.747251,
        "activity_lines": [
          2155.618905,
          1997.034985,
          1755.08527,
          1653.818102
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2031.957153,
        "volume": 19020726,
        "typical_volume": 19694956.8,
        "trend": 1584.308752,
        "fair_value": 932.593934,
        "relative_strength": 11.881588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.474915,
        "energy": 58.117886,
        "activity_lines": [
          2130.808333,
          2031.903058,
          1797.306069,
          1683.705613
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2044.978882,
        "volume": 9207136,
        "typical_volume": 19916003.35,
        "trend": 1596.563729,
        "fair_value": 944.746797,
        "relative_strength": 14.463066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.043539,
        "energy": 48.963808,
        "activity_lines": [
          2101.776603,
          2058.396172,
          1837.515713,
          1713.426267
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1970.925171,
        "volume": 5811399,
        "typical_volume": 19956967.75,
        "trend": 1609.177356,
        "fair_value": 956.411994,
        "relative_strength": 12.783196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.397126,
        "energy": 37.068889,
        "activity_lines": [
          2040.757634,
          2059.825768,
          1866.786277,
          1737.578618
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1856.017334,
        "volume": 5127280,
        "typical_volume": 20057940.85,
        "trend": 1621.688338,
        "fair_value": 967.330352,
        "relative_strength": 7.815246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.712862,
        "energy": 25.741248,
        "activity_lines": [
          1968.585799,
          2032.212138,
          1881.994882,
          1753.503778
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1797.56958,
        "volume": 4694144,
        "typical_volume": 20006120.8,
        "trend": 1630.747457,
        "fair_value": 977.848269,
        "relative_strength": 5.730613,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.095571,
        "energy": 22.592645,
        "activity_lines": [
          1896.440511,
          1987.056943,
          1888.803392,
          1764.850955
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1708.406738,
        "volume": 4303660,
        "typical_volume": 20079685.4,
        "trend": 1634.878141,
        "fair_value": 987.771567,
        "relative_strength": 2.513484,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.697335,
        "energy": 21.425857,
        "activity_lines": [
          1819.146216,
          1929.796487,
          1884.883441,
          1769.861231
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1631.171997,
        "volume": 2780064,
        "typical_volume": 19772412.65,
        "trend": 1641.958024,
        "fair_value": 997.21394,
        "relative_strength": -0.478325,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.769339,
        "energy": 18.966722,
        "activity_lines": [
          1737.677034,
          1862.041067,
          1871.586408,
          1769.622125
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1680.872559,
        "volume": 3611239,
        "typical_volume": 19598793.55,
        "trend": 1648.660588,
        "fair_value": 1006.969027,
        "relative_strength": 2.026993,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.945369,
        "energy": 22.737072,
        "activity_lines": [
          1700.361833,
          1808.854237,
          1862.063068,
          1772.13274
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1695.285767,
        "volume": 3441114,
        "typical_volume": 19571291.45,
        "trend": 1656.968823,
        "fair_value": 1016.73752,
        "relative_strength": 2.348034,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -1.346897,
        "energy": 27.466425,
        "activity_lines": [
          1687.187875,
          1770.966151,
          1852.572393,
          1775.140816
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1598.568359,
        "volume": 2168855,
        "typical_volume": 19462693.6,
        "trend": 1659.617627,
        "fair_value": 1025.841109,
        "relative_strength": -1.502106,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -29.298327,
        "energy": 47.130349,
        "activity_lines": [
          1652.490218,
          1723.736146,
          1832.380703,
          1771.373044
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1642.30481,
        "volume": 4803132,
        "typical_volume": 19513169.5,
        "trend": 1669.388448,
        "fair_value": 1035.207727,
        "relative_strength": 0.126781,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.426278,
        "energy": 51.326533,
        "activity_lines": [
          1645.638127,
          1694.777865,
          1815.373632,
          1770.256088
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1737.612549,
        "volume": 7017523,
        "typical_volume": 19387846.35,
        "trend": 1686.347331,
        "fair_value": 1045.190265,
        "relative_strength": 4.410648,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.80569,
        "energy": 37.647507,
        "activity_lines": [
          1674.962077,
          1690.232853,
          1806.485452,
          1774.657643
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1891.994141,
        "volume": 17735845,
        "typical_volume": 19034982.0,
        "trend": 1705.544784,
        "fair_value": 1056.017826,
        "relative_strength": 12.598678,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 29.840441,
        "energy": 17.844653,
        "activity_lines": [
          1748.650521,
          1719.345699,
          1810.726043,
          1787.925179
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1865.517334,
        "volume": 12713048,
        "typical_volume": 19085304.35,
        "trend": 1725.69694,
        "fair_value": 1066.634749,
        "relative_strength": 13.705935,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 37.971561,
        "energy": 28.552786,
        "activity_lines": [
          1799.438591,
          1745.07969,
          1810.686138,
          1798.245989
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1852.876343,
        "volume": 9597843,
        "typical_volume": 15568151.7,
        "trend": 1743.197835,
        "fair_value": 1076.914808,
        "relative_strength": 11.545198,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 38.332376,
        "energy": 33.263788,
        "activity_lines": [
          1834.664225,
          1768.342592,
          1807.586097,
          1806.451112
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1768.070923,
        "volume": 4768264,
        "typical_volume": 12895709.7,
        "trend": 1759.336389,
        "fair_value": 1086.661281,
        "relative_strength": 4.667579,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 24.215271,
        "energy": 25.779517,
        "activity_lines": [
          1824.667521,
          1775.180749,
          1797.221408,
          1808.055827
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1783.69812,
        "volume": 4444597,
        "typical_volume": 12245570.5,
        "trend": 1771.138452,
        "fair_value": 1096.521161,
        "relative_strength": 3.634966,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 22.743191,
        "energy": 17.618016,
        "activity_lines": [
          1811.495475,
          1783.775411,
          1788.990073,
          1809.627551
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1815.848633,
        "volume": 4740052,
        "typical_volume": 9120165.95,
        "trend": 1785.017802,
        "fair_value": 1106.49846,
        "relative_strength": 4.715275,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.028862,
        "energy": 9.797767,
        "activity_lines": [
          1805.967896,
          1795.442418,
          1784.543266,
          1812.512079
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1781.209839,
        "volume": 2707728,
        "typical_volume": 7614639.45,
        "trend": 1798.310771,
        "fair_value": 1116.077735,
        "relative_strength": 2.799428,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.351251,
        "energy": 4.747401,
        "activity_lines": [
          1793.970418,
          1798.357353,
          1779.475254,
          1812.266404
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1717.804932,
        "volume": 2336835,
        "typical_volume": 6551524.2,
        "trend": 1809.150623,
        "fair_value": 1125.147293,
        "relative_strength": -0.197632,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -42.099356,
        "energy": 22.520862,
        "activity_lines": [
          1766.458472,
          1788.181867,
          1770.118414,
          1807.072479
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1717.307251,
        "volume": 7902531,
        "typical_volume": 5995614.45,
        "trend": 1818.356962,
        "fair_value": 1134.153886,
        "relative_strength": -2.146257,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.189401,
        "energy": 34.25424,
        "activity_lines": [
          1747.785392,
          1775.747956,
          1762.849147,
          1801.1471
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1693.371094,
        "volume": 4126950,
        "typical_volume": 5741605.15,
        "trend": 1827.901913,
        "fair_value": 1143.078682,
        "relative_strength": -4.396108,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.712748,
        "energy": 43.731563,
        "activity_lines": [
          1724.517839,
          1757.598336,
          1754.798578,
          1793.083496
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1662.243286,
        "volume": 3093510,
        "typical_volume": 5605710.7,
        "trend": 1832.555819,
        "fair_value": 1151.70386,
        "relative_strength": -6.600252,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.654063,
        "energy": 56.59209,
        "activity_lines": [
          1696.896151,
          1734.593504,
          1745.457779,
          1782.395843
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1640.194458,
        "volume": 2075788,
        "typical_volume": 5453136.1,
        "trend": 1838.038676,
        "fair_value": 1160.338513,
        "relative_strength": -7.641599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.682063,
        "energy": 62.725978,
        "activity_lines": [
          1672.16521,
          1711.757082,
          1735.487006,
          1769.985432
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1595.398315,
        "volume": 3110240,
        "typical_volume": 5373940.9,
        "trend": 1823.771663,
        "fair_value": 1168.678171,
        "relative_strength": -9.604839,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.668995,
        "energy": 69.372477,
        "activity_lines": [
          1641.903247,
          1684.872687,
          1722.277661,
          1754.331215
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1544.716064,
        "volume": 2893388,
        "typical_volume": 5303427.3,
        "trend": 1811.811161,
        "fair_value": 1177.051914,
        "relative_strength": -12.123055,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.151623,
        "energy": 77.034233,
        "activity_lines": [
          1602.907641,
          1653.454756,
          1705.204156,
          1736.327628
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1648.275635,
        "volume": 7605105,
        "typical_volume": 5544679.35,
        "trend": 1802.239054,
        "fair_value": 1185.975122,
        "relative_strength": -6.484229,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.019959,
        "energy": 62.751259,
        "activity_lines": [
          1609.937972,
          1644.926835,
          1698.772946,
          1725.776949
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1625.229126,
        "volume": 2756992,
        "typical_volume": 5501967.0,
        "trend": 1777.140979,
        "fair_value": 1194.851139,
        "relative_strength": -8.683282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.141356,
        "energy": 53.516497,
        "activity_lines": [
          1612.292497,
          1634.670867,
          1690.065384,
          1714.356954
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1565.368042,
        "volume": 3869511,
        "typical_volume": 5523386.85,
        "trend": 1757.698104,
        "fair_value": 1203.370027,
        "relative_strength": -9.847248,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.748385,
        "energy": 49.353479,
        "activity_lines": [
          1597.160937,
          1616.996875,
          1675.921736,
          1700.694184
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1523.066162,
        "volume": 2480233,
        "typical_volume": 5538955.75,
        "trend": 1736.26202,
        "fair_value": 1211.570399,
        "relative_strength": -12.208863,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.745582,
        "energy": 49.229405,
        "activity_lines": [
          1572.917179,
          1595.556028,
          1658.367993,
          1685.556639
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1484.954712,
        "volume": 3700126,
        "typical_volume": 5483805.45,
        "trend": 1718.028605,
        "fair_value": 1219.629008,
        "relative_strength": -12.115674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.788514,
        "energy": 63.005712,
        "activity_lines": [
          1540.791748,
          1570.726531,
          1637.544123,
          1669.343264
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1656.057617,
        "volume": 6390422,
        "typical_volume": 5452450.4,
        "trend": 1705.064563,
        "fair_value": 1228.793193,
        "relative_strength": -3.063776,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.226361,
        "energy": 40.52057,
        "activity_lines": [
          1569.684709,
          1581.231245,
          1633.765053,
          1665.345136
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1490.099976,
        "volume": 4290175,
        "typical_volume": 4780166.9,
        "trend": 1689.037057,
        "fair_value": 1236.873408,
        "relative_strength": -14.062233,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.108382,
        "energy": 46.326695,
        "activity_lines": [
          1542.739657,
          1562.24027,
          1614.568851,
          1651.476453
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1472.800049,
        "volume": 2562485,
        "typical_volume": 4272638.75,
        "trend": 1676.263147,
        "fair_value": 1244.813362,
        "relative_strength": -14.42079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.152768,
        "energy": 47.997564,
        "activity_lines": [
          1519.036572,
          1543.233731,
          1595.638818,
          1637.525678
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1517.599976,
        "volume": 7314273,
        "typical_volume": 4158460.25,
        "trend": 1666.930827,
        "fair_value": 1253.092368,
        "relative_strength": -12.203353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.416148,
        "energy": 38.747191,
        "activity_lines": [
          1516.437997,
          1535.416169,
          1582.845527,
          1627.289345
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1491.699951,
        "volume": 2307386,
        "typical_volume": 4035416.35,
        "trend": 1659.707267,
        "fair_value": 1261.204881,
        "relative_strength": -12.412225,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.307319,
        "energy": 48.950714,
        "activity_lines": [
          1505.570492,
          1524.304026,
          1569.182121,
          1615.984127
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1490.300049,
        "volume": 8432881,
        "typical_volume": 4234830.55,
        "trend": 1655.011536,
        "fair_value": 1269.299062,
        "relative_strength": -9.941363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.68992,
        "energy": 40.870024,
        "activity_lines": [
          1493.78667,
          1513.901285,
          1556.701444,
          1605.054629
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1385.5,
        "volume": 3871178,
        "typical_volume": 4191386.85,
        "trend": 1645.165784,
        "fair_value": 1276.79553,
        "relative_strength": -11.638639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.356866,
        "energy": 48.53904,
        "activity_lines": [
          1458.120003,
          1487.316273,
          1535.636943,
          1587.666788
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1341.5,
        "volume": 4728244,
        "typical_volume": 4292412.65,
        "trend": 1633.372925,
        "fair_value": 1284.045194,
        "relative_strength": -14.231664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.256678,
        "energy": 66.767242,
        "activity_lines": [
          1414.760002,
          1457.089973,
          1512.431245,
          1568.075447
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1256.800049,
        "volume": 4503238,
        "typical_volume": 4400732.8,
        "trend": 1621.980648,
        "fair_value": 1290.617627,
        "relative_strength": -18.505975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.847996,
        "energy": 82.451373,
        "activity_lines": [
          1351.92002,
          1415.534009,
          1483.252742,
          1543.780423
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1314.5,
        "volume": 12645000,
        "typical_volume": 4637856.25,
        "trend": 1611.053821,
        "fair_value": 1297.524684,
        "relative_strength": -14.304383,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.758985,
        "energy": 77.339913,
        "activity_lines": [
          1325.700016,
          1389.310147,
          1461.764733,
          1523.942962
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1464.599976,
        "volume": 11252875,
        "typical_volume": 4994152.5,
        "trend": 1601.953402,
        "fair_value": 1305.395479,
        "relative_strength": -9.826134,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.783126,
        "energy": 52.322757,
        "activity_lines": [
          1361.326668,
          1393.476367,
          1456.49009,
          1514.494327
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1561.099976,
        "volume": 8344661,
        "typical_volume": 5256710.05,
        "trend": 1590.923596,
        "fair_value": 1313.880965,
        "relative_strength": -5.179783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.227611,
        "energy": 24.544532,
        "activity_lines": [
          1430.833325,
          1418.66909,
          1461.49531,
          1511.858622
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1664.699951,
        "volume": 18470780,
        "typical_volume": 6076459.65,
        "trend": 1584.229684,
        "fair_value": 1322.981894,
        "relative_strength": 2.715305,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -4.43352,
        "energy": 14.692472,
        "activity_lines": [
          1523.166642,
          1461.407262,
          1476.848828,
          1516.618386
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1733.400024,
        "volume": 14274410,
        "typical_volume": 6634668.15,
        "trend": 1580.24714,
        "fair_value": 1332.379566,
        "relative_strength": 6.218369,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 34.885649,
        "energy": 38.960868,
        "activity_lines": [
          1616.85332,
          1513.147268,
          1498.628518,
          1526.242279
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1776.699951,
        "volume": 11404357,
        "typical_volume": 7060216.6,
        "trend": 1580.534774,
        "fair_value": 1342.085839,
        "relative_strength": 7.701232,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.683678,
        "energy": 49.22781,
        "activity_lines": [
          1693.199975,
          1568.83635,
          1523.874859,
          1538.916654
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1594.5,
        "volume": 7841247,
        "typical_volume": 7072023.7,
        "trend": 1574.22817,
        "fair_value": 1350.615897,
        "relative_strength": -0.79038,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.900525,
        "energy": 51.18729,
        "activity_lines": [
          1677.999984,
          1586.216351,
          1530.664139,
          1539.817637
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1532.099976,
        "volume": 8347729,
        "typical_volume": 7351560.55,
        "trend": 1564.769881,
        "fair_value": 1358.942311,
        "relative_strength": -4.653908,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.890392,
        "energy": 39.157139,
        "activity_lines": [
          1633.339982,
          1590.356348,
          1531.766634,
          1537.099689
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1467.400024,
        "volume": 4439719,
        "typical_volume": 7380070.95,
        "trend": 1554.309554,
        "fair_value": 1366.785047,
        "relative_strength": -7.598485,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -9.252936,
        "energy": 9.13706,
        "activity_lines": [
          1569.046663,
          1580.067263,
          1527.150701,
          1530.817762
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1439.099976,
        "volume": 1096107,
        "typical_volume": 7310864.65,
        "trend": 1545.019389,
        "fair_value": 1374.326438,
        "relative_strength": -7.79688,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.820742,
        "energy": 22.424765,
        "activity_lines": [
          1508.473324,
          1562.343624,
          1520.30604,
          1523.384886
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1424.300049,
        "volume": 837543,
        "typical_volume": 7167735.5,
        "trend": 1535.252482,
        "fair_value": 1381.650059,
        "relative_strength": -9.037374,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.565003,
        "energy": 29.737328,
        "activity_lines": [
          1462.586678,
          1538.614544,
          1512.4517,
          1515.596542
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1458.0,
        "volume": 1194685,
        "typical_volume": 6907948.65,
        "trend": 1527.406779,
        "fair_value": 1389.211696,
        "relative_strength": -7.714336,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.635937,
        "energy": 34.437622,
        "activity_lines": [
          1451.426677,
          1519.016364,
          1508.095712,
          1510.612511
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1458.400024,
        "volume": 0,
        "typical_volume": 6693439.9,
        "trend": 1520.612004,
        "fair_value": 1396.795549,
        "relative_strength": -7.349083,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.976078,
        "energy": 39.880194,
        "activity_lines": [
          1449.500016,
          1499.610915,
          1504.720953,
          1506.160462
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1524.099976,
        "volume": 1390329,
        "typical_volume": 6634832.1,
        "trend": 1516.742188,
        "fair_value": 1404.75751,
        "relative_strength": -3.535556,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -33.762596,
        "energy": 22.711901,
        "activity_lines": [
          1474.38667,
          1494.018184,
          1507.754284,
          1506.385493
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1418.0,
        "volume": 17553869,
        "typical_volume": 7146811.9,
        "trend": 1510.82891,
        "fair_value": 1411.883068,
        "relative_strength": -9.484664,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.295373,
        "energy": 26.389153,
        "activity_lines": [
          1460.126668,
          1471.690911,
          1500.43857,
          1500.015029
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1402.199951,
        "volume": 4162579,
        "typical_volume": 7239571.55,
        "trend": 1506.078373,
        "fair_value": 1418.790372,
        "relative_strength": -10.517455,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -59.427458,
        "energy": 33.442864,
        "activity_lines": [
          1442.006649,
          1452.225448,
          1492.092375,
          1493.006709
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1392.400024,
        "volume": 3774268,
        "typical_volume": 7006640.9,
        "trend": 1497.549186,
        "fair_value": 1425.591656,
        "relative_strength": -8.647392,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -60.698205,
        "energy": 47.600379,
        "activity_lines": [
          1422.093327,
          1437.787271,
          1483.239044,
          1485.672622
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1423.0,
        "volume": 4410826,
        "typical_volume": 7033623.3,
        "trend": 1490.808215,
        "fair_value": 1432.621533,
        "relative_strength": -8.69262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.01178,
        "energy": 55.443532,
        "activity_lines": [
          1416.753328,
          1432.587271,
          1477.766187,
          1480.862997
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1519.699951,
        "volume": 7780639,
        "typical_volume": 7186243.05,
        "trend": 1489.285946,
        "fair_value": 1440.348639,
        "relative_strength": -3.081392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.210205,
        "energy": 28.005184,
        "activity_lines": [
          1446.006649,
          1446.952717,
          1481.324278,
          1482.72698
        ]
      }
    ],
    "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."
    }
  }
}