{ "ticker": { "uuid": "36c9cf89-8d56-44cb-b9b8-9d74c61a0419", "symbol": "XLY", "name": "State Street Consumer Discretionary Select Sector SPDR ETF", "exchange": "MEX", "country": "MX", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^MXX", "stage": 4, "stage_name": "Declining", "phase": "4b", "phase_label": "Stage 4B \u00b7 Declining", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 78.4, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "down", "architecture_direction": -19.003, "architecture_energy": 18.032, "architecture_maturity": 2.989, "architecture_confidence": 62.633, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 66.14, "rotation_up": 22.1, "upward_expansion": 16.36, "deceleration": 42.97, "rotation_down": 39.79, "downward_expansion": 66.03 }, "activity_lines": [ 2008.266667, 2010.602515, 2019.592936, 2016.797064 ], "activity_state": "Compressed", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": 0.166667 }, "latest_close": 2049.0, "trend_reference": 2023.985921, "distance_from_trend": 0.012359, "trend_direction": "Weakening", "fair_value": 3300.267275, "distance_from_fair_value": -0.379141, "fair_value_direction": "Improving", "relative_strength": -28.292524, "relative_strength_direction": "Improving", "price_momentum": 0.011873, "excess_performance": 0.06654, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.012359, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.141293, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.379141, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.005144, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.282925, "read": "Lagging" }, { "label": "Relative strength direction", "positive": true, "value": 0.157477, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.011873, "read": "Positive" }, { "label": "Volume balance", "positive": false, "value": 0.18963, "read": "Supply-led" } ], "volume": { "latest": 183, "relative_activity": 0.006707, "balance": 0.18963, "dry_up": 0.023253, "accumulation_observations": 1, "distribution_observations": 1 }, "risk": { "range_context": 0.028756, "annualized_volatility": 0.216057, "from_high_reference": -0.542692, "from_low_reference": 0.078569 }, "levels": { "trend_reference": 2023.985921, "fair_value_reference": 3300.267275, "structural_low": 1899.73999, "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": 7, "median_return": 0.043624, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": 0.008874, "regime_survival": 0.285714, "best_return": 0.078714, "worst_return": 0.003235, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 5, "median_return": 0.054324, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.007932, "regime_survival": 0.2, "best_return": 0.121469, "worst_return": 0.017486, "sufficient": true }, { "horizon": "Extended", "sample_count": 4, "median_return": 0.055445, "positive_rate": 0.75, "directional_follow_through": 0.75, "median_excess_return": -0.027929, "regime_survival": 0.25, "best_return": 0.328071, "worst_return": -0.477231, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.172271, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": 0.096852, "regime_survival": 0.333333, "best_return": 0.295831, "worst_return": -0.502863, "sufficient": false } ], "ledger": [ { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2024-05-24", "end": "2024-06-07", "tenure": "New", "return": 0.058543, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-06-14", "end": "2025-02-21", "tenure": "Extended", "return": 0.356777, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-02-28", "end": "2025-03-07", "tenure": "New", "return": -0.040999, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-14", "end": "2025-04-25", "tenure": "Developing", "return": -0.034161, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-05-02", "end": "2025-06-27", "tenure": "Developing", "return": 0.056569, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-07-04", "end": "2025-07-11", "tenure": "New", "return": 0.017857, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-07-18", "end": "2025-08-08", "tenure": "New", "return": 0.005251, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-08-15", "end": "2025-09-05", "tenure": "New", "return": 0.002662, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-09-12", "end": "2025-11-14", "tenure": "Developing", "return": -0.02027, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-11-21", "end": "2025-12-05", "tenure": "New", "return": -0.47681, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-12-12", "end": "2026-07-10", "tenure": "Extended", "return": -0.065598, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-17", "end": "2026-07-17", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-07-24", "end": "2026-07-31", "tenure": "New", "return": 0.053459, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-08-07", "end": "2026-08-07", "tenure": "New", "return": 0.0, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 2761.793213, "volume": 506, "typical_volume": 14264.15, "trend": 2746.991357, "fair_value": 3242.458266, "relative_strength": -3.555595, "stage": 1, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.730578, "energy": 27.524707, "activity_lines": [ 2848.686458, 2865.693253, 2822.146045, 2781.896211 ] }, { "date": "2023-08-25", "close": 2754.711426, "volume": 29985, "typical_volume": 15751.6, "trend": 2746.119897, "fair_value": 3239.158297, "relative_strength": -3.188724, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 21.656012, "energy": 20.278657, "activity_lines": [ 2811.04458, 2844.363361, 2820.702552, 2782.39428 ] }, { "date": "2023-09-01", "close": 2882.987061, "volume": 11128, "typical_volume": 16301.35, "trend": 2747.014502, "fair_value": 3237.440992, "relative_strength": 1.93576, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 40.536915, "energy": 28.291005, "activity_lines": [ 2825.676449, 2848.132271, 2830.986323, 2791.224419 ] }, { "date": "2023-09-08", "close": 2957.282959, "volume": 44444, "typical_volume": 18504.4, "trend": 2753.011768, "fair_value": 3236.378855, "relative_strength": 6.285054, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 59.601359, "energy": 28.289837, "activity_lines": [ 2864.906738, 2865.073855, 2847.160112, 2804.790126 ] }, { "date": "2023-09-15", "close": 2924.967529, "volume": 39510, "typical_volume": 20424.9, "trend": 2758.872599, "fair_value": 3235.697424, "relative_strength": 7.933661, "stage": 1, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 62.753167, "energy": 42.647662, "activity_lines": [ 2891.609782, 2875.135436, 2858.798117, 2815.884046 ] }, { "date": "2023-09-22", "close": 2791.860352, "volume": 182813, "typical_volume": 29562.55, "trend": 2764.076131, "fair_value": 3233.145741, "relative_strength": 2.806909, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 40.228327, "energy": 32.106483, "activity_lines": [ 2870.113753, 2860.74636, 2856.44774, 2818.012288 ] }, { "date": "2023-09-29", "close": 2815.739014, "volume": 35852, "typical_volume": 31335.05, "trend": 2770.640723, "fair_value": 3230.60335, "relative_strength": 5.736334, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 32.717263, "energy": 23.85093, "activity_lines": [ 2854.572803, 2851.789915, 2855.421391, 2821.345378 ] }, { "date": "2023-10-06", "close": 2906.267578, "volume": 14536, "typical_volume": 31997.9, "trend": 2782.117725, "fair_value": 3228.710477, "relative_strength": 12.021093, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 45.835493, "energy": 22.852199, "activity_lines": [ 2865.139535, 2860.778671, 2862.024592, 2830.095497 ] }, { "date": "2023-10-13", "close": 2866.768799, "volume": 20951, "typical_volume": 30632.95, "trend": 2788.920654, "fair_value": 3226.276021, "relative_strength": 11.228129, "stage": 1, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 23.225156, "energy": 12.772821, "activity_lines": [ 2860.987972, 2862.117037, 2863.783076, 2835.556857 ] }, { "date": "2023-10-20", "close": 2765.926758, "volume": 118259, "typical_volume": 36483.6, "trend": 2791.523934, "fair_value": 3223.652034, "relative_strength": 9.832406, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -0.688414, "energy": 6.268811, "activity_lines": [ 2829.256673, 2846.287442, 2855.056965, 2834.07338 ] }, { "date": "2023-10-27", "close": 2720.572754, "volume": 32419, "typical_volume": 35184.85, "trend": 2792.814876, "fair_value": 3221.69391, "relative_strength": 6.614412, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -10.139179, "energy": 18.989359, "activity_lines": [ 2793.010091, 2824.058767, 2841.939064, 2829.495884 ] }, { "date": "2023-11-03", "close": 2782.883301, "volume": 15585, "typical_volume": 35430.45, "trend": 2797.180176, "fair_value": 3219.212487, "relative_strength": 4.075723, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -13.260618, "energy": 28.354204, "activity_lines": [ 2782.286198, 2813.908745, 2835.035842, 2828.855138 ] }, { "date": "2023-11-10", "close": 2814.801514, "volume": 703, "typical_volume": 33675.5, "trend": 2803.207804, "fair_value": 3217.215548, "relative_strength": 5.270965, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -12.643759, "energy": 30.096742, "activity_lines": [ 2784.39209, 2809.049818, 2831.503431, 2829.991998 ] }, { "date": "2023-11-17", "close": 2854.699707, "volume": 5134, "typical_volume": 33891.25, "trend": 2809.995231, "fair_value": 3215.722304, "relative_strength": 3.818742, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -11.117538, "energy": 14.991294, "activity_lines": [ 2805.895117, 2812.684846, 2832.007627, 2833.314056 ] }, { "date": "2023-11-24", "close": 2888.613037, "volume": 171, "typical_volume": 33887.25, "trend": 2817.963965, "fair_value": 3213.91544, "relative_strength": 4.491977, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 32.035749, "energy": 17.157877, "activity_lines": [ 2839.507194, 2824.351083, 2835.967079, 2838.386173 ] }, { "date": "2023-12-01", "close": 2924.521484, "volume": 198, "typical_volume": 33846.75, "trend": 2829.036914, "fair_value": 3212.533652, "relative_strength": 3.91198, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 44.032127, "energy": 32.137794, "activity_lines": [ 2876.909668, 2843.20712, 2843.454195, 2845.260851 ] }, { "date": "2023-12-08", "close": 2962.424316, "volume": 379, "typical_volume": 33572.8, "trend": 2840.871956, "fair_value": 3211.384989, "relative_strength": 4.314031, "stage": 1, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 71.555344, "energy": 59.056975, "activity_lines": [ 2913.349837, 2866.54256, 2854.205136, 2853.86649 ] }, { "date": "2023-12-15", "close": 3079.405029, "volume": 11300, "typical_volume": 34110.75, "trend": 2854.223698, "fair_value": 3210.773992, "relative_strength": 3.224343, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 87.269756, "energy": 83.077251, "activity_lines": [ 2976.814176, 2908.480216, 2875.787646, 2869.255721 ] }, { "date": "2023-12-22", "close": 3048.363525, "volume": 1308, "typical_volume": 32277.9, "trend": 2866.440999, "fair_value": 3210.325716, "relative_strength": 1.697831, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.881529, "energy": 85.842345, "activity_lines": [ 3012.291113, 2941.626007, 2893.466579, 2881.780871 ] }, { "date": "2023-12-29", "close": 3019.435547, "volume": 144, "typical_volume": 28266.25, "trend": 2875.397819, "fair_value": 3209.221038, "relative_strength": 0.570003, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 66.594359, "energy": 81.56938, "activity_lines": [ 3025.214469, 2966.210445, 2907.831362, 2891.651487 ] }, { "date": "2024-01-05", "close": 2906.667969, "volume": 26972, "typical_volume": 29589.55, "trend": 2879.638599, "fair_value": 3206.352494, "relative_strength": -1.248057, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.642422, "energy": 72.635127, "activity_lines": [ 2991.827132, 2965.682435, 2910.732954, 2893.668916 ] }, { "date": "2024-01-12", "close": 3053.350586, "volume": 366, "typical_volume": 28108.6, "trend": 2886.337313, "fair_value": 3204.881778, "relative_strength": 4.58506, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.940088, "energy": 56.631621, "activity_lines": [ 3008.524235, 2988.440443, 2926.91444, 2904.876141 ] }, { "date": "2024-01-19", "close": 2981.530762, "volume": 318, "typical_volume": 27568.1, "trend": 2890.2375, "fair_value": 3202.26691, "relative_strength": 2.189729, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 56.792551, "energy": 40.185435, "activity_lines": [ 2995.219645, 2993.222714, 2934.833852, 2911.017654 ] }, { "date": "2024-01-26", "close": 2947.615479, "volume": 34808, "typical_volume": 27086.3, "trend": 2891.756779, "fair_value": 3199.706928, "relative_strength": -1.50576, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 41.175309, "energy": 25.488709, "activity_lines": [ 2977.134912, 2988.807129, 2939.053981, 2914.719459 ] }, { "date": "2024-02-02", "close": 2997.490723, "volume": 87, "typical_volume": 25115.15, "trend": 2894.631364, "fair_value": 3196.849285, "relative_strength": -2.148605, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 45.014983, "energy": 31.499037, "activity_lines": [ 2982.391797, 2991.770393, 2948.070168, 2921.541004 ] }, { "date": "2024-02-09", "close": 3055.943848, "volume": 81189, "typical_volume": 20033.95, "trend": 2901.433879, "fair_value": 3194.740184, "relative_strength": 1.310134, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 66.962659, "energy": 38.890881, "activity_lines": [ 3008.596045, 3003.381903, 2962.307972, 2931.948261 ] }, { "date": "2024-02-16", "close": 3052.353027, "volume": 162941, "typical_volume": 26388.4, "trend": 2906.597664, "fair_value": 3191.940267, "relative_strength": 1.451249, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.795244, "energy": 43.080313, "activity_lines": [ 3023.651628, 3011.951039, 2974.946252, 2941.68498 ] }, { "date": "2024-02-23", "close": 3089.819092, "volume": 39321, "typical_volume": 27627.65, "trend": 2913.575505, "fair_value": 3190.140971, "relative_strength": 3.382483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 71.647633, "energy": 63.748146, "activity_lines": [ 3051.262402, 3025.697119, 2990.025995, 2953.505717 ] }, { "date": "2024-03-01", "close": 3130.45752, "volume": 338, "typical_volume": 26597.0, "trend": 2920.225708, "fair_value": 3188.997867, "relative_strength": 6.549003, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 77.131766, "energy": 76.887319, "activity_lines": [ 3085.200098, 3046.642658, 3008.10201, 2967.498105 ] }, { "date": "2024-03-08", "close": 3062.707031, "volume": 41979, "typical_volume": 22783.0, "trend": 2926.732031, "fair_value": 3186.51476, "relative_strength": 5.106194, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 62.530402, "energy": 65.180796, "activity_lines": [ 3084.364828, 3053.777308, 3018.469937, 2976.690449 ] }, { "date": "2024-03-15", "close": 2962.318848, "volume": 54577, "typical_volume": 23890.9, "trend": 2933.416219, "fair_value": 3183.640367, "relative_strength": -0.726182, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 49.414393, "energy": 36.543903, "activity_lines": [ 3045.719076, 3041.872807, 3017.863845, 2978.986372 ] }, { "date": "2024-03-22", "close": 3079.486572, "volume": 56351, "typical_volume": 25929.2, "trend": 2944.242057, "fair_value": 3181.678786, "relative_strength": 2.375219, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 59.744815, "energy": 35.96353, "activity_lines": [ 3052.370898, 3050.259695, 3027.265412, 2988.410266 ] }, { "date": "2024-03-29", "close": 3036.59082, "volume": 138417, "typical_volume": 32814.9, "trend": 2949.362183, "fair_value": 3179.126149, "relative_strength": -0.499927, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 36.557809, "energy": 19.359094, "activity_lines": [ 3042.915234, 3050.372155, 3031.169273, 2994.368251 ] }, { "date": "2024-04-05", "close": 2952.795654, "volume": 119, "typical_volume": 32564.15, "trend": 2949.212606, "fair_value": 3175.390658, "relative_strength": -4.494007, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 15.464149, "energy": 15.29703, "activity_lines": [ 3009.0764, 3034.248038, 3026.036503, 2994.589765 ] }, { "date": "2024-04-12", "close": 2963.159912, "volume": 1749, "typical_volume": 32643.05, "trend": 2950.485685, "fair_value": 3171.460869, "relative_strength": -1.715088, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 3.585466, "energy": 10.273502, "activity_lines": [ 2990.536442, 3019.914147, 3021.42368, 2995.489591 ] }, { "date": "2024-04-19", "close": 2947.807617, "volume": 2163, "typical_volume": 32741.3, "trend": 2955.683927, "fair_value": 3167.753474, "relative_strength": -1.13049, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": -4.241426, "energy": 18.851232, "activity_lines": [ 2973.515527, 3003.413126, 3014.99375, 2995.316813 ] }, { "date": "2024-04-26", "close": 3012.639893, "volume": 6236, "typical_volume": 33034.15, "trend": 2962.24729, "fair_value": 3164.167703, "relative_strength": -2.540925, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.268948, "energy": 18.502453, "activity_lines": [ 2979.072786, 3000.665905, 3014.627436, 2998.991391 ] }, { "date": "2024-05-03", "close": 2982.722412, "volume": 79, "typical_volume": 32473.1, "trend": 2964.795785, "fair_value": 3160.6298, "relative_strength": -2.504969, "stage": 2, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 5.21481, "energy": 14.130669, "activity_lines": [ 2979.113997, 2993.201198, 3011.172716, 3000.312367 ] }, { "date": "2024-05-10", "close": 2972.746826, "volume": 5118, "typical_volume": 32663.6, "trend": 2968.328385, "fair_value": 3157.973121, "relative_strength": -3.951968, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 1.962429, "energy": 10.877398, "activity_lines": [ 2979.42124, 2985.869962, 3007.228333, 3000.825337 ] }, { "date": "2024-05-17", "close": 2884.871338, "volume": 758, "typical_volume": 32694.3, "trend": 2972.293205, "fair_value": 3155.121238, "relative_strength": -6.598228, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -44.797851, "energy": 32.314153, "activity_lines": [ 2949.106576, 2965.428831, 2995.274936, 2995.441011 ] }, { "date": "2024-05-24", "close": 2930.848877, "volume": 177, "typical_volume": 31354.55, "trend": 2979.302409, "fair_value": 3151.822773, "relative_strength": -1.50855, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -31.584188, "energy": 38.312118, "activity_lines": [ 2939.336995, 2956.580629, 2988.341134, 2992.767184 ] }, { "date": "2024-05-31", "close": 2957.434082, "volume": 153, "typical_volume": 31343.9, "trend": 2985.120768, "fair_value": 3149.00403, "relative_strength": -0.262588, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -27.173251, "energy": 37.256037, "activity_lines": [ 2939.559733, 2953.138281, 2983.824109, 2991.356324 ] }, { "date": "2024-06-07", "close": 3102.430664, "volume": 462, "typical_volume": 31351.1, "trend": 2994.708407, "fair_value": 3146.868582, "relative_strength": 8.681419, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": 17.773998, "energy": 9.529153, "activity_lines": [ 2991.795052, 2978.278085, 2993.573028, 2998.924704 ] }, { "date": "2024-06-14", "close": 3270.02124, "volume": 5482, "typical_volume": 29884.8, "trend": 3008.552458, "fair_value": 3145.131823, "relative_strength": 15.768831, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.099915, "energy": 59.072441, "activity_lines": [ 3091.913346, 3032.691815, 3018.70724, 3016.686823 ] }, { "date": "2024-06-21", "close": 3237.311523, "volume": 732, "typical_volume": 29917.05, "trend": 3020.175741, "fair_value": 3143.295385, "relative_strength": 13.076352, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.974298, "energy": 79.44436, "activity_lines": [ 3161.310107, 3075.390585, 3039.190976, 3031.445472 ] }, { "date": "2024-06-28", "close": 3357.012695, "volume": 452, "typical_volume": 25880.2, "trend": 3034.592114, "fair_value": 3141.942065, "relative_strength": 17.627908, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 86.414793, "energy": 91.799406, "activity_lines": [ 3247.111246, 3134.86863, 3069.932819, 3053.176888 ] }, { "date": "2024-07-05", "close": 3366.270264, "volume": 28417, "typical_volume": 19154.0, "trend": 3048.053646, "fair_value": 3140.347528, "relative_strength": 17.763855, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.461154, "energy": 93.407365, "activity_lines": [ 3307.587321, 3188.589777, 3100.122675, 3074.575479 ] }, { "date": "2024-07-12", "close": 3323.093018, "volume": 374, "typical_volume": 17206.65, "trend": 3056.176579, "fair_value": 3138.949773, "relative_strength": 10.42185, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.835322, "energy": 87.618171, "activity_lines": [ 3326.415234, 3228.030873, 3124.705568, 3092.319954 ] }, { "date": "2024-07-19", "close": 3419.862793, "volume": 5087, "typical_volume": 17444.1, "trend": 3068.559888, "fair_value": 3137.481488, "relative_strength": 15.938483, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.412958, "energy": 91.277502, "activity_lines": [ 3362.788916, 3278.877916, 3157.393801, 3115.783581 ] }, { "date": "2024-07-26", "close": 3362.998047, "volume": 149663, "typical_volume": 22828.3, "trend": 3080.011971, "fair_value": 3136.059616, "relative_strength": 15.410531, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.896774, "energy": 77.925994, "activity_lines": [ 3370.218246, 3311.256534, 3183.288224, 3134.779591 ] }, { "date": "2024-08-02", "close": 3340.38208, "volume": 508230, "typical_volume": 45510.95, "trend": 3094.469108, "fair_value": 3134.248, "relative_strength": 15.512188, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.781809, "energy": 58.155014, "activity_lines": [ 3361.729818, 3330.829945, 3205.598789, 3151.577663 ] }, { "date": "2024-08-09", "close": 3276.434326, "volume": 147383, "typical_volume": 50062.55, "trend": 3101.905233, "fair_value": 3132.192624, "relative_strength": 11.267298, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.853019, "energy": 48.786365, "activity_lines": [ 3333.03418, 3331.330433, 3220.01879, 3163.317354 ] }, { "date": "2024-08-16", "close": 3407.631836, "volume": 126728, "typical_volume": 49478.1, "trend": 3116.108602, "fair_value": 3131.138029, "relative_strength": 13.079671, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.094512, "energy": 49.445472, "activity_lines": [ 3354.060107, 3349.88501, 3245.995945, 3183.041651 ] }, { "date": "2024-08-23", "close": 3561.526123, "volume": 23905, "typical_volume": 50667.4, "trend": 3136.57229, "fair_value": 3130.513932, "relative_strength": 18.889417, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.401155, "energy": 58.138033, "activity_lines": [ 3420.74821, 3390.871254, 3284.862837, 3211.778266 ] }, { "date": "2024-08-30", "close": 3637.345215, "volume": 179, "typical_volume": 50588.9, "trend": 3157.900773, "fair_value": 3130.46098, "relative_strength": 22.137496, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.590011, "energy": 66.379473, "activity_lines": [ 3503.26512, 3440.342698, 3328.051879, 3244.086196 ] }, { "date": "2024-09-06", "close": 3652.309814, "volume": 583893, "typical_volume": 79675.4, "trend": 3177.779639, "fair_value": 3130.428415, "relative_strength": 26.378346, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.848946, "energy": 89.868282, "activity_lines": [ 3572.48042, 3485.261639, 3369.455714, 3275.983554 ] }, { "date": "2024-09-13", "close": 3700.196045, "volume": 570, "typical_volume": 79392.1, "trend": 3199.374406, "fair_value": 3130.810052, "relative_strength": 25.134856, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.688464, "energy": 92.275205, "activity_lines": [ 3636.862614, 3533.518129, 3412.06537, 3309.687838 ] }, { "date": "2024-09-20", "close": 3745.387939, "volume": 763, "typical_volume": 79426.3, "trend": 3221.226701, "fair_value": 3131.285898, "relative_strength": 25.488726, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.631807, "energy": 92.825915, "activity_lines": [ 3688.057991, 3583.919948, 3455.70494, 3344.914518 ] }, { "date": "2024-09-27", "close": 3957.796875, "volume": 197, "typical_volume": 79180.25, "trend": 3248.804679, "fair_value": 3132.881565, "relative_strength": 30.268395, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.746713, "energy": 97.556705, "activity_lines": [ 3787.539274, 3665.263485, 3515.942191, 3392.435174 ] }, { "date": "2024-10-04", "close": 3775.221436, "volume": 24261, "typical_volume": 80355.4, "trend": 3272.555159, "fair_value": 3132.891451, "relative_strength": 24.107481, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.995263, "energy": 85.400651, "activity_lines": [ 3799.744027, 3703.630868, 3554.100591, 3426.397545 ] }, { "date": "2024-10-11", "close": 3823.109863, "volume": 3271, "typical_volume": 80510.1, "trend": 3301.248193, "fair_value": 3132.907934, "relative_strength": 25.572868, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.607311, "energy": 67.478244, "activity_lines": [ 3818.71984, 3743.210267, 3592.58003, 3461.917204 ] }, { "date": "2024-10-18", "close": 3914.896729, "volume": 580, "typical_volume": 80531.45, "trend": 3329.095199, "fair_value": 3133.12294, "relative_strength": 26.364244, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.156309, "energy": 70.665312, "activity_lines": [ 3856.904606, 3790.701318, 3635.552215, 3501.507432 ] }, { "date": "2024-10-25", "close": 3970.766602, "volume": 1631, "typical_volume": 80589.9, "trend": 3360.234391, "fair_value": 3132.309223, "relative_strength": 30.337896, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.336909, "energy": 69.726438, "activity_lines": [ 3899.399284, 3836.742121, 3679.285993, 3542.905587 ] }, { "date": "2024-11-01", "close": 4030.627441, "volume": 41863, "typical_volume": 82408.95, "trend": 3396.162117, "fair_value": 3130.645746, "relative_strength": 34.22775, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.743304, "energy": 71.359471, "activity_lines": [ 3946.822331, 3883.427899, 3724.585871, 3586.156751 ] }, { "date": "2024-11-08", "close": 4336.915527, "volume": 97858, "typical_volume": 87265.25, "trend": 3441.953971, "fair_value": 3131.57199, "relative_strength": 39.719678, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 94.233055, "energy": 85.96596, "activity_lines": [ 4091.486035, 3977.273304, 3795.434109, 3646.85052 ] }, { "date": "2024-11-15", "close": 4260.09375, "volume": 915, "typical_volume": 87288.4, "trend": 3485.696842, "fair_value": 3131.405023, "relative_strength": 39.630391, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.381634, "energy": 85.573516, "activity_lines": [ 4173.096208, 4044.431654, 3853.729777, 3699.633731 ] }, { "date": "2024-11-22", "close": 4460.827148, "volume": 1570, "typical_volume": 85946.05, "trend": 3533.969751, "fair_value": 3131.431929, "relative_strength": 44.763175, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 91.185663, "energy": 95.224122, "activity_lines": [ 4292.485254, 4137.036368, 3926.842526, 3762.545364 ] }, { "date": "2024-11-29", "close": 4470.604004, "volume": 948, "typical_volume": 85974.75, "trend": 3583.565804, "fair_value": 3132.687876, "relative_strength": 45.256073, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 83.379363, "energy": 93.001405, "activity_lines": [ 4378.73789, 4217.589036, 3995.674228, 3822.97338 ] }, { "date": "2024-12-06", "close": 4600.302246, "volume": 2753, "typical_volume": 85858.05, "trend": 3637.817651, "fair_value": 3134.857027, "relative_strength": 43.430471, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 87.008509, "energy": 93.514441, "activity_lines": [ 4474.900781, 4308.537456, 4071.393806, 3888.56928 ] }, { "date": "2024-12-13", "close": 4711.04541, "volume": 1540, "typical_volume": 78451.9, "trend": 3698.69012, "fair_value": 3138.959964, "relative_strength": 44.45064, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 88.275445, "energy": 94.005054, "activity_lines": [ 4569.999739, 4407.93908, 4152.039211, 3957.80978 ] }, { "date": "2024-12-20", "close": 4628.237793, "volume": 17424, "typical_volume": 53911.6, "trend": 3755.269751, "fair_value": 3141.880518, "relative_strength": 45.947815, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.878592, "energy": 69.913013, "activity_lines": [ 4612.554167, 4475.269793, 4218.378904, 4017.780598 ] }, { "date": "2024-12-27", "close": 4721.740723, "volume": 78, "typical_volume": 46546.35, "trend": 3814.079972, "fair_value": 3145.304572, "relative_strength": 47.869493, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 78.30867, "energy": 71.743416, "activity_lines": [ 4661.733301, 4544.962349, 4287.490991, 4080.133564 ] }, { "date": "2025-01-03", "close": 4614.515625, "volume": 572, "typical_volume": 40238.55, "trend": 3864.482804, "fair_value": 3148.868967, "relative_strength": 43.681547, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.030655, "energy": 67.597408, "activity_lines": [ 4657.776497, 4580.489542, 4339.508753, 4131.774574 ] }, { "date": "2025-01-10", "close": 4528.28125, "volume": 6658, "typical_volume": 39376.2, "trend": 3906.424805, "fair_value": 3152.714642, "relative_strength": 37.709432, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.463517, "energy": 64.302855, "activity_lines": [ 4615.480794, 4588.63323, 4377.566652, 4174.60028 ] }, { "date": "2025-01-17", "close": 4759.355469, "volume": 1162, "typical_volume": 39425.35, "trend": 3957.159603, "fair_value": 3159.445674, "relative_strength": 42.028149, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.024967, "energy": 68.054466, "activity_lines": [ 4655.011231, 4629.742161, 4433.028023, 4229.628065 ] }, { "date": "2025-01-24", "close": 4644.416992, "volume": 159, "typical_volume": 10238.65, "trend": 4000.073079, "fair_value": 3165.574903, "relative_strength": 33.301374, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.045862, "energy": 59.220358, "activity_lines": [ 4653.008171, 4642.272461, 4472.199966, 4273.967251 ] }, { "date": "2025-01-31", "close": 4854.837891, "volume": 17572, "typical_volume": 11088.75, "trend": 4049.692, "fair_value": 3172.127459, "relative_strength": 38.047512, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 79.873704, "energy": 66.977477, "activity_lines": [ 4720.066797, 4686.073411, 4526.687676, 4329.113368 ] }, { "date": "2025-02-07", "close": 4728.48584, "volume": 101, "typical_volume": 11055.65, "trend": 4096.538428, "fair_value": 3178.713719, "relative_strength": 29.051906, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.373078, "energy": 62.877138, "activity_lines": [ 4736.134929, 4699.737429, 4563.643562, 4372.906519 ] }, { "date": "2025-02-14", "close": 4596.856445, "volume": 22198, "typical_volume": 12155.7, "trend": 4135.771549, "fair_value": 3184.943406, "relative_strength": 21.472443, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.310703, "energy": 56.477954, "activity_lines": [ 4700.728581, 4684.780069, 4583.381896, 4405.185101 ] }, { "date": "2025-02-21", "close": 4436.690918, "volume": 313, "typical_volume": 10958.3, "trend": 4171.561312, "fair_value": 3190.522012, "relative_strength": 17.078286, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 45.835909, "energy": 39.917776, "activity_lines": [ 4607.362044, 4640.764356, 4584.823231, 4424.599253 ] }, { "date": "2025-02-28", "close": 4356.074707, "volume": 1855, "typical_volume": 10887.5, "trend": 4205.417733, "fair_value": 3195.820319, "relative_strength": 17.195956, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 15.37463, "energy": 22.774054, "activity_lines": [ 4508.634408, 4587.079412, 4575.436976, 4436.503343 ] }, { "date": "2025-03-07", "close": 4177.481934, "volume": 284, "typical_volume": 10872.7, "trend": 4235.452653, "fair_value": 3199.836393, "relative_strength": 10.600088, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -22.236386, "energy": 37.93155, "activity_lines": [ 4369.598665, 4505.871476, 4546.503957, 4434.701034 ] }, { "date": "2025-03-14", "close": 3906.099854, "volume": 48030, "typical_volume": 13192.65, "trend": 4252.068254, "fair_value": 3201.374642, "relative_strength": 3.509935, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "mixed", "direction": -53.814238, "energy": 58.683217, "activity_lines": [ 4185.259294, 4385.216957, 4490.474621, 4413.452466 ] }, { "date": "2025-03-21", "close": 3950.94751, "volume": 970, "typical_volume": 11148.0, "trend": 4265.048967, "fair_value": 3203.153976, "relative_strength": 3.752422, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -47.065959, "energy": 79.808961, "activity_lines": [ 4070.694873, 4285.596844, 4439.024427, 4394.025321 ] }, { "date": "2025-03-28", "close": 4026.661377, "volume": 426, "typical_volume": 6276.4, "trend": 4278.026172, "fair_value": 3205.393857, "relative_strength": 4.113949, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -30.608169, "energy": 74.760125, "activity_lines": [ 4024.429004, 4210.239866, 4395.164506, 4378.645477 ] }, { "date": "2025-04-04", "close": 4062.023193, "volume": 101, "typical_volume": 6235.7, "trend": 4291.683285, "fair_value": 3208.330196, "relative_strength": 7.73878, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -39.532485, "energy": 77.246921, "activity_lines": [ 4017.28571, 4154.63402, 4356.149777, 4364.709801 ] }, { "date": "2025-04-11", "close": 3839.753906, "volume": 145546, "typical_volume": 13434.5, "trend": 4296.335213, "fair_value": 3210.058977, "relative_strength": 1.163379, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -53.051057, "energy": 69.448952, "activity_lines": [ 3955.656087, 4069.204554, 4296.909738, 4335.553067 ] }, { "date": "2025-04-18", "close": 3839.753906, "volume": 0, "typical_volume": 13387.1, "trend": 4299.480745, "fair_value": 3211.183821, "relative_strength": -2.237618, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -49.70045, "energy": 61.267928, "activity_lines": [ 3916.541666, 4002.231161, 4240.62719, 4306.096208 ] }, { "date": "2025-04-25", "close": 3772.662354, "volume": 30278, "typical_volume": 14763.35, "trend": 4293.309595, "fair_value": 3212.997181, "relative_strength": -10.549196, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -76.707732, "energy": 68.897769, "activity_lines": [ 3859.486458, 3939.218066, 4180.959019, 4272.107925 ] }, { "date": "2025-05-02", "close": 3831.532471, "volume": 475, "typical_volume": 14710.1, "trend": 4295.186629, "fair_value": 3216.782668, "relative_strength": -8.066208, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.149779, "energy": 72.762285, "activity_lines": [ 3833.9403, 3901.893976, 4130.838668, 4242.315852 ] }, { "date": "2025-05-09", "close": 3874.4375, "volume": 1829, "typical_volume": 13930.35, "trend": 4296.89755, "fair_value": 3222.11792, "relative_strength": -8.651981, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.007722, "energy": 71.701919, "activity_lines": [ 3835.704411, 3883.373682, 4088.992668, 4215.170747 ] }, { "date": "2025-05-16", "close": 4219.673828, "volume": 1780, "typical_volume": 14015.45, "trend": 4307.056787, "fair_value": 3231.622297, "relative_strength": -3.536677, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -47.34041, "energy": 40.885129, "activity_lines": [ 3965.053011, 3936.380669, 4083.615842, 4210.188572 ] }, { "date": "2025-05-23", "close": 4099.01123, "volume": 1526, "typical_volume": 14063.15, "trend": 4311.331608, "fair_value": 3238.729739, "relative_strength": -7.382151, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.116982, "energy": 26.04144, "activity_lines": [ 4028.852751, 3966.681876, 4069.138136, 4196.766278 ] }, { "date": "2025-05-30", "close": 4151.824219, "volume": 820, "typical_volume": 13771.25, "trend": 4315.371501, "fair_value": 3246.40205, "relative_strength": -5.701677, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -30.837491, "energy": 29.676224, "activity_lines": [ 4092.972998, 4003.077965, 4062.145021, 4186.475478 ] }, { "date": "2025-06-06", "close": 4046.407715, "volume": 1314, "typical_volume": 13778.85, "trend": 4305.687907, "fair_value": 3253.894534, "relative_strength": -8.70047, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -26.234598, "energy": 29.837018, "activity_lines": [ 4096.676953, 4016.655114, 4046.904891, 4169.122976 ] }, { "date": "2025-06-13", "close": 3999.161865, "volume": 630, "typical_volume": 13802.4, "trend": 4296.990177, "fair_value": 3261.793626, "relative_strength": -8.948794, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -33.786184, "energy": 23.131101, "activity_lines": [ 4070.307275, 4021.283083, 4030.560146, 4149.347102 ] }, { "date": "2025-06-20", "close": 4037.896484, "volume": 25, "typical_volume": 12925.05, "trend": 4282.892489, "fair_value": 3269.061954, "relative_strength": -6.394618, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -22.878127, "energy": 16.038889, "activity_lines": [ 4048.53418, 4034.096644, 4020.977055, 4132.63138 ] }, { "date": "2025-06-27", "close": 4048.277344, "volume": 166, "typical_volume": 12928.3, "trend": 4268.814933, "fair_value": 3277.345195, "relative_strength": -8.146793, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.615476, "energy": 25.45854, "activity_lines": [ 4042.33986, 4045.195042, 4016.272816, 4117.494919 ] }, { "date": "2025-07-04", "close": 4051.27124, "volume": 712, "typical_volume": 11854.0, "trend": 4250.5139, "fair_value": 3284.382028, "relative_strength": -9.134679, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -32.963288, "energy": 23.418205, "activity_lines": [ 4040.525765, 4053.046449, 4015.092797, 4103.459842 ] }, { "date": "2025-07-11", "close": 4123.615234, "volume": 51, "typical_volume": 11840.9, "trend": 4230.932894, "fair_value": 3291.798233, "relative_strength": -5.542822, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "down", "direction": -10.782689, "energy": 10.431021, "activity_lines": [ 4069.529866, 4068.985693, 4023.400707, 4095.272832 ] }, { "date": "2025-07-18", "close": 4123.615234, "volume": 0, "typical_volume": 11748.15, "trend": 4214.112142, "fair_value": 3297.790318, "relative_strength": -5.231409, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": -4.249381, "energy": 10.178758, "activity_lines": [ 4093.3868, 4079.614342, 4033.199453, 4088.349112 ] }, { "date": "2025-07-25", "close": 4154.049805, "volume": 59, "typical_volume": 11736.9, "trend": 4195.189111, "fair_value": 3303.274383, "relative_strength": -6.484773, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 7.001091, "energy": 21.603536, "activity_lines": [ 4119.091699, 4091.246045, 4047.003681, 4084.474122 ] }, { "date": "2025-08-01", "close": 4154.049805, "volume": 0, "typical_volume": 9335.4, "trend": 4179.840251, "fair_value": 3308.807987, "relative_strength": -6.00094, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 7.81344, "energy": 35.119225, "activity_lines": [ 4137.053044, 4104.070912, 4060.919489, 4081.819973 ] }, { "date": "2025-08-08", "close": 4145.269043, "volume": 2562, "typical_volume": 9415.0, "trend": 4167.073177, "fair_value": 3313.922565, "relative_strength": -8.308197, "stage": 4, "regime": "balance", "modifier": "Upper balance after advance", "gate": "down", "direction": 4.390856, "energy": 30.887149, "activity_lines": [ 4145.03597, 4114.298575, 4072.818321, 4079.589573 ] }, { "date": "2025-08-15", "close": 4310.212891, "volume": 792, "typical_volume": 9433.3, "trend": 4152.101758, "fair_value": 3319.973027, "relative_strength": -5.32379, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 64.775963, "energy": 76.329745, "activity_lines": [ 4201.733659, 4154.635214, 4099.50075, 4088.824393 ] }, { "date": "2025-08-22", "close": 4256.828125, "volume": 40, "typical_volume": 9430.25, "trend": 4139.182129, "fair_value": 3326.230984, "relative_strength": -8.045112, "stage": 4, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 50.799332, "energy": 76.762151, "activity_lines": [ 4228.196582, 4180.469074, 4119.74867, 4095.580933 ] }, { "date": "2025-08-29", "close": 4256.828125, "volume": 0, "typical_volume": 2152.95, "trend": 4119.24847, "fair_value": 3333.319892, "relative_strength": -7.321809, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 46.103575, "energy": 78.925994, "activity_lines": [ 4245.778646, 4201.618093, 4139.068948, 4103.170997 ] }, { "date": "2025-09-05", "close": 4321.687988, "volume": 22120, "typical_volume": 3258.95, "trend": 4105.688542, "fair_value": 3340.526064, "relative_strength": -8.66385, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 86.104528, "energy": 94.273205, "activity_lines": [ 4278.128776, 4230.579239, 4162.580287, 4116.231611 ] }, { "date": "2025-09-12", "close": 4321.687988, "volume": 0, "typical_volume": 1745.05, "trend": 4096.51626, "fair_value": 3347.718301, "relative_strength": -10.587097, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.434323, "energy": 92.333175, "activity_lines": [ 4299.303027, 4254.569283, 4183.796703, 4130.167059 ] }, { "date": "2025-09-19", "close": 4321.687988, "volume": 0, "typical_volume": 1721.3, "trend": 4092.682829, "fair_value": 3356.323959, "relative_strength": -9.686945, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.484923, "energy": 90.948535, "activity_lines": [ 4308.716015, 4273.642658, 4202.398711, 4144.694268 ] }, { "date": "2025-09-26", "close": 4394.74707, "volume": 232, "typical_volume": 1641.45, "trend": 4093.971908, "fair_value": 3365.59757, "relative_strength": -9.692629, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.483315, "energy": 94.678773, "activity_lines": [ 4341.717024, 4302.39818, 4225.624652, 4164.182283 ] }, { "date": "2025-10-03", "close": 4360.818848, "volume": 24657, "typical_volume": 2785.3, "trend": 4100.083138, "fair_value": 3374.762177, "relative_strength": -9.8922, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 72.606109, "energy": 86.213545, "activity_lines": [ 4354.21403, 4320.055264, 4243.14167, 4181.398215 ] }, { "date": "2025-10-10", "close": 4296.953125, "volume": 150, "typical_volume": 2716.5, "trend": 4113.11158, "fair_value": 3384.772819, "relative_strength": -9.091579, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.375986, "energy": 66.11352, "activity_lines": [ 4338.489746, 4322.340962, 4253.904119, 4194.099504 ] }, { "date": "2025-10-17", "close": 4347.626465, "volume": 161, "typical_volume": 2683.55, "trend": 4126.334212, "fair_value": 3394.862832, "relative_strength": -9.693933, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.455668, "energy": 65.525251, "activity_lines": [ 4341.305566, 4331.241752, 4268.55002, 4209.229497 ] }, { "date": "2025-10-24", "close": 4366.616211, "volume": 2107, "typical_volume": 2723.2, "trend": 4137.66604, "fair_value": 3404.393157, "relative_strength": -8.292706, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.926896, "energy": 63.711423, "activity_lines": [ 4348.72207, 4339.915998, 4284.072076, 4224.731561 ] }, { "date": "2025-10-31", "close": 4428.177246, "volume": 21957, "typical_volume": 3789.55, "trend": 4149.871175, "fair_value": 3415.852245, "relative_strength": -9.202026, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 84.09873, "energy": 67.370093, "activity_lines": [ 4373.663704, 4358.757644, 4303.932286, 4243.47422 ] }, { "date": "2025-11-07", "close": 4311.97168, "volume": 12231, "typical_volume": 4399.85, "trend": 4165.611768, "fair_value": 3425.339114, "relative_strength": -12.091799, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.885917, "energy": 52.502759, "activity_lines": [ 4357.641471, 4353.355566, 4310.682368, 4253.932317 ] }, { "date": "2025-11-14", "close": 4234.085449, "volume": 702, "typical_volume": 4426.65, "trend": 4178.756152, "fair_value": 3435.025896, "relative_strength": -11.868125, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 34.256296, "energy": 30.555871, "activity_lines": [ 4318.913639, 4332.789746, 4308.709595, 4258.349974 ] }, { "date": "2025-11-21", "close": 4128.019043, "volume": 117, "typical_volume": 4396.9, "trend": 4190.601375, "fair_value": 3443.908885, "relative_strength": -12.977044, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "up", "direction": -14.049395, "energy": 22.229581, "activity_lines": [ 4249.021517, 4294.531898, 4295.750458, 4255.076612 ] }, { "date": "2025-11-28", "close": 4331.879395, "volume": 135, "typical_volume": 4401.1, "trend": 4207.279606, "fair_value": 3453.762501, "relative_strength": -10.663738, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "up", "direction": 20.954901, "energy": 24.780561, "activity_lines": [ 4261.72334, 4296.860822, 4301.841127, 4264.191323 ] }, { "date": "2025-12-05", "close": 2159.737793, "volume": 202, "typical_volume": 4411.2, "trend": 4150.122949, "fair_value": 3449.932417, "relative_strength": -54.671566, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -92.500961, "energy": 95.296434, "activity_lines": [ 3552.69375, 3904.069611, 4100.069434, 4132.091851 ] }, { "date": "2025-12-12", "close": 2156.459717, "volume": 372, "typical_volume": 4426.85, "trend": 4081.349145, "fair_value": 3446.723739, "relative_strength": -55.006336, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -95.751484, "energy": 98.46728, "activity_lines": [ 2993.800765, 3551.318919, 3907.33734, 4003.468417 ] }, { "date": "2025-12-19", "close": 2203.181641, "volume": 844, "typical_volume": 4469.05, "trend": 4018.154826, "fair_value": 3444.978779, "relative_strength": -52.773871, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -93.135239, "energy": 97.591418, "activity_lines": [ 2594.182552, 3247.142379, 3728.567286, 3882.29632 ] }, { "date": "2025-12-26", "close": 2199.818848, "volume": 2854, "typical_volume": 4483.65, "trend": 3953.08798, "fair_value": 3443.028154, "relative_strength": -53.277992, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -79.94951, "energy": 92.981917, "activity_lines": [ 2328.836996, 2980.422994, 3558.766816, 3764.984321 ] }, { "date": "2026-01-02", "close": 2121.764893, "volume": 109, "typical_volume": 4449.5, "trend": 3888.933219, "fair_value": 3440.556727, "relative_strength": -53.116511, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -71.854805, "energy": 90.145949, "activity_lines": [ 2166.020134, 2738.563028, 3390.796683, 3646.834444 ] }, { "date": "2026-01-09", "close": 2228.551514, "volume": 7820, "typical_volume": 4838.5, "trend": 3829.912874, "fair_value": 3438.15741, "relative_strength": -51.426869, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -68.65217, "energy": 88.923122, "activity_lines": [ 2186.139779, 2556.934291, 3243.417886, 3539.713044 ] }, { "date": "2026-01-16", "close": 2155.697021, "volume": 767, "typical_volume": 4876.85, "trend": 3767.172892, "fair_value": 3435.421549, "relative_strength": -52.946162, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.775803, "energy": 69.633027, "activity_lines": [ 2177.387012, 2402.052477, 3098.759026, 3431.699118 ] }, { "date": "2026-01-23", "close": 2140.727051, "volume": 213, "typical_volume": 3781.5, "trend": 3703.587883, "fair_value": 3431.318164, "relative_strength": -53.216668, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.747279, "energy": 69.327138, "activity_lines": [ 2163.695101, 2283.653844, 2962.679841, 3326.767128 ] }, { "date": "2026-01-30", "close": 2102.872559, "volume": 1146, "typical_volume": 3838.8, "trend": 3638.64126, "fair_value": 3426.489469, "relative_strength": -52.776548, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -72.014319, "energy": 69.17865, "activity_lines": [ 2141.548666, 2196.433638, 2833.380994, 3223.495172 ] }, { "date": "2026-02-06", "close": 2024.958008, "volume": 2259, "typical_volume": 3951.75, "trend": 3568.686019, "fair_value": 3421.666347, "relative_strength": -55.801965, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -75.505153, "energy": 70.231224, "activity_lines": [ 2099.893799, 2131.867996, 2707.227502, 3119.386575 ] }, { "date": "2026-02-13", "close": 1989.029785, "volume": 3255, "typical_volume": 4102.9, "trend": 3497.533171, "fair_value": 3416.79383, "relative_strength": -56.249122, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -74.452742, "energy": 69.58791, "activity_lines": [ 2052.71665, 2102.713974, 2588.589084, 3017.47327 ] }, { "date": "2026-02-20", "close": 2005.99585, "volume": 114100, "typical_volume": 8575.05, "trend": 3425.931372, "fair_value": 3412.756916, "relative_strength": -55.110396, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -71.331625, "energy": 68.104978, "activity_lines": [ 2027.162972, 2079.748473, 2483.022277, 2921.245055 ] }, { "date": "2026-02-27", "close": 2010.985962, "volume": 984, "typical_volume": 8616.75, "trend": 3354.495911, "fair_value": 3408.860664, "relative_strength": -54.20379, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.214757, "energy": 67.111981, "activity_lines": [ 2013.252743, 2060.425972, 2389.144163, 2829.958255 ] }, { "date": "2026-03-06", "close": 2041.325317, "volume": 19443, "typical_volume": 9580.85, "trend": 3284.364453, "fair_value": 3405.523278, "relative_strength": -49.923561, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -68.665773, "energy": 89.031159, "activity_lines": [ 2018.105037, 2050.114185, 2309.041069, 2745.237571 ] }, { "date": "2026-03-13", "close": 2017.971924, "volume": 205, "typical_volume": 9485.75, "trend": 3207.956421, "fair_value": 3401.390528, "relative_strength": -48.527181, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -69.223134, "energy": 89.219151, "activity_lines": [ 2019.276017, 2038.438026, 2237.696228, 2663.534827 ] }, { "date": "2026-03-20", "close": 1924.528442, "volume": 21454, "typical_volume": 9460.6, "trend": 3130.213098, "fair_value": 3396.49758, "relative_strength": -49.012937, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -90.163589, "energy": 96.538312, "activity_lines": [ 1989.764909, 2011.659288, 2168.636029, 2580.733022 ] }, { "date": "2026-03-27", "close": 1917.619995, "volume": 179, "typical_volume": 8858.0, "trend": 3052.239494, "fair_value": 3391.598705, "relative_strength": -50.377697, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -84.366011, "energy": 94.487604, "activity_lines": [ 1962.251074, 1989.152162, 2110.840019, 2502.501209 ] }, { "date": "2026-04-03", "close": 1899.73999, "volume": 9, "typical_volume": 8823.35, "trend": 2971.507894, "fair_value": 3386.77701, "relative_strength": -52.146828, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -82.302393, "energy": 73.782881, "activity_lines": [ 1934.668961, 1967.722798, 2062.742827, 2428.146403 ] }, { "date": "2026-04-10", "close": 1947.800049, "volume": 2298, "typical_volume": 8932.4, "trend": 2892.378296, "fair_value": 3382.378468, "relative_strength": -50.378239, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.322536, "energy": 68.540679, "activity_lines": [ 1930.523267, 1959.41321, 2030.338714, 2362.100735 ] }, { "date": "2026-04-17", "close": 2086.0, "volume": 411, "typical_volume": 8946.2, "trend": 2817.855363, "fair_value": 3378.75618, "relative_strength": -45.917792, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -67.155729, "energy": 68.146119, "activity_lines": [ 1978.67924, 1979.050386, 2021.478496, 2310.076329 ] }, { "date": "2026-04-24", "close": 2081.850586, "volume": 0, "typical_volume": 8936.1, "trend": 2740.758814, "fair_value": 3375.117075, "relative_strength": -44.861653, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -55.849071, "energy": 62.228275, "activity_lines": [ 2020.91687, 1996.823269, 2022.91776, 2262.59215 ] }, { "date": "2026-05-01", "close": 2050.912109, "volume": 629, "typical_volume": 8948.95, "trend": 2663.761922, "fair_value": 3371.646428, "relative_strength": -43.821216, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -50.056218, "energy": 51.286969, "activity_lines": [ 2042.353532, 2007.283323, 2021.781393, 2218.085911 ] }, { "date": "2026-05-08", "close": 2073.866455, "volume": 54878, "typical_volume": 11650.65, "trend": 2589.659033, "fair_value": 3368.226514, "relative_strength": -44.040224, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -41.021854, "energy": 35.119334, "activity_lines": [ 2062.555501, 2021.100235, 2023.333762, 2180.028139 ] }, { "date": "2026-05-15", "close": 2019.973877, "volume": 5726, "typical_volume": 11794.25, "trend": 2512.070614, "fair_value": 3364.002931, "relative_strength": -43.09972, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.21272, "energy": 40.238841, "activity_lines": [ 2053.184847, 2023.975215, 2020.369292, 2143.274258 ] }, { "date": "2026-05-22", "close": 2041.930176, "volume": 224, "typical_volume": 11800.0, "trend": 2434.581079, "fair_value": 3359.900916, "relative_strength": -41.919935, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -35.72085, "energy": 45.616736, "activity_lines": [ 2046.32137, 2031.230458, 2020.352302, 2112.942616 ] }, { "date": "2026-05-29", "close": 2101.241943, "volume": 75492, "typical_volume": 15183.6, "trend": 2357.016569, "fair_value": 3355.737525, "relative_strength": -39.524436, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -18.766572, "energy": 28.103008, "activity_lines": [ 2062.166471, 2048.834053, 2026.364217, 2091.436866 ] }, { "date": "2026-06-05", "close": 2004.504761, "volume": 606, "typical_volume": 15175.55, "trend": 2280.101005, "fair_value": 3350.769962, "relative_strength": -39.266745, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -44.402226, "energy": 37.293661, "activity_lines": [ 2044.473088, 2045.636097, 2023.769303, 2068.694168 ] }, { "date": "2026-06-12", "close": 1959.793823, "volume": 10, "typical_volume": 15165.4, "trend": 2204.291284, "fair_value": 3345.048197, "relative_strength": -41.282848, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -61.138607, "energy": 42.75527, "activity_lines": [ 2014.969881, 2032.729157, 2017.636168, 2048.029189 ] }, { "date": "2026-06-19", "close": 2025.961914, "volume": 0, "typical_volume": 15108.1, "trend": 2134.222713, "fair_value": 3339.672792, "relative_strength": -38.062277, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.32235, "energy": 31.726785, "activity_lines": [ 2015.127547, 2030.760891, 2018.666343, 2036.524068 ] }, { "date": "2026-06-26", "close": 2014.290039, "volume": 202, "typical_volume": 15005.25, "trend": 2056.969735, "fair_value": 3333.982106, "relative_strength": -36.961869, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -39.20951, "energy": 35.163046, "activity_lines": [ 2010.995386, 2025.249341, 2018.951151, 2028.786476 ] }, { "date": "2026-07-03", "close": 2048.0, "volume": 0, "typical_volume": 14842.5, "trend": 2053.245142, "fair_value": 3328.448432, "relative_strength": -34.709596, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -23.966054, "energy": 21.928921, "activity_lines": [ 2019.942554, 2027.170692, 2022.497232, 2028.207784 ] }, { "date": "2026-07-10", "close": 2015.0, "volume": 402528, "typical_volume": 29263.9, "trend": 2048.529818, "fair_value": 3323.08389, "relative_strength": -34.062621, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -34.960303, "energy": 16.108849, "activity_lines": [ 2021.439185, 2023.707508, 2022.619646, 2025.740355 ] }, { "date": "2026-07-17", "close": 2050.0, "volume": 40, "typical_volume": 29216.7, "trend": 2043.423763, "fair_value": 3317.651586, "relative_strength": -31.843871, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 3.380479, "energy": 5.145719, "activity_lines": [ 2033.902799, 2027.260909, 2026.032515, 2025.835206 ] }, { "date": "2026-07-24", "close": 1908.0, "volume": 573, "typical_volume": 28273.2, "trend": 2033.696468, "fair_value": 3311.417715, "relative_strength": -35.11643, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -71.472843, "energy": 40.777554, "activity_lines": [ 1993.019336, 2005.430063, 2015.735794, 2017.098189 ] }, { "date": "2026-07-31", "close": 2010.0, "volume": 1742, "typical_volume": 28350.05, "trend": 2029.970972, "fair_value": 3305.514181, "relative_strength": -30.924469, "stage": 4, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -36.366085, "energy": 33.851374, "activity_lines": [ 1994.0, 2004.18056, 2015.788242, 2015.569384 ] }, { "date": "2026-08-07", "close": 2049.0, "volume": 183, "typical_volume": 27286.5, "trend": 2023.985921, "fair_value": 3300.267275, "relative_strength": -28.292524, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -19.003249, "energy": 18.032463, "activity_lines": [ 2008.266667, 2010.602515, 2019.592936, 2016.797064 ] } ], "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." } } }