{
  "ticker": {
    "uuid": "52373bf0-9576-4dc3-9eeb-f014191e3ace",
    "symbol": "BBUS",
    "name": "JPMorgan BetaBuilders U.S. Equity 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 91.182,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 84.822,
    "architecture_energy": 68.646,
    "architecture_maturity": 56.461,
    "architecture_confidence": 84.329,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 16.09,
        "rotation_up": 57.11,
        "upward_expansion": 85.33,
        "deceleration": 65.64,
        "rotation_down": 29.08,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        2357.215348,
        2349.498637,
        2325.100091,
        2284.470606
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 2388.800049,
    "trend_reference": 2237.107259,
    "distance_from_trend": 0.067808,
    "trend_direction": "Improving",
    "fair_value": 2122.787512,
    "distance_from_fair_value": 0.125313,
    "fair_value_direction": "Improving",
    "relative_strength": 4.663731,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.123184,
    "excess_performance": 0.177851,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.067808,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.014284,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.125313,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.036223,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.046637,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.099855,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.123184,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.527435,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 11513,
      "relative_activity": 1.164158,
      "balance": 1.527435,
      "dry_up": 0.60976,
      "accumulation_observations": 2,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.012896,
      "annualized_volatility": 0.107692,
      "from_high_reference": 0.0,
      "from_low_reference": 0.160761
    },
    "levels": {
      "trend_reference": 2237.107259,
      "fair_value_reference": 2122.787512,
      "structural_low": 2057.959961,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": 0.004183,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.002472,
        "regime_survival": 0.666667,
        "best_return": 0.035364,
        "worst_return": -0.025656,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": -0.040064,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.102155,
        "regime_survival": 0.0,
        "best_return": -0.040064,
        "worst_return": -0.040064,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.032299,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.011298,
        "regime_survival": 0.0,
        "best_return": 0.032299,
        "worst_return": 0.032299,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-05",
        "end": "2025-12-12",
        "tenure": "New",
        "return": -0.002651,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-19",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": -0.016244,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-01-30",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": -0.011752,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-06",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.021372,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-24",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": 0.050823,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.039694,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-05-31",
        "close": 1597.907104,
        "volume": 14980,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1761.202148,
        "volume": 11154,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1797.880859,
        "volume": 15222,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1797.880859,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1793.867065,
        "volume": 21823,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1796.119507,
        "volume": 12212,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1795.910156,
        "volume": 11500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1791.754272,
        "volume": 25855,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1789.54187,
        "volume": 10590,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1827.751831,
        "volume": 26499,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1827.751831,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1858.317871,
        "volume": 27170,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1925.290039,
        "volume": 39025,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1993.229126,
        "volume": 38522,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1970.157227,
        "volume": 33299,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1956.005615,
        "volume": 25000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1956.005615,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2022.860718,
        "volume": 15830,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1974.886719,
        "volume": 6186,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2017.896851,
        "volume": 8500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 2089.673828,
        "volume": 4000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2093.700928,
        "volume": 4787,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2090.461182,
        "volume": 99688,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2175.674805,
        "volume": 181667,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2192.639404,
        "volume": 77469,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2191.54248,
        "volume": 7926,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2208.687744,
        "volume": 83974,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2218.126709,
        "volume": 30092,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2214.807129,
        "volume": 37736,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2148.911377,
        "volume": 53769,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2181.087402,
        "volume": 17810,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2204.744873,
        "volume": 19510,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2169.40332,
        "volume": 35370,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2248.341553,
        "volume": 34250,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2220.825928,
        "volume": 12795,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2236.547607,
        "volume": 74760,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2234.285156,
        "volume": 11765,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2245.789307,
        "volume": 58350,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2238.551514,
        "volume": 5000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 2167.518799,
        "volume": 12268,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2106.196533,
        "volume": 155729,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2017.826904,
        "volume": 61248,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2055.431641,
        "volume": 4562,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2055.708252,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1940.325928,
        "volume": 792,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1921.98938,
        "volume": 14801,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1921.98938,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1936.287476,
        "volume": 69619,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1948.30249,
        "volume": 26,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2014.110107,
        "volume": 87,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2056.486328,
        "volume": 172,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2060.474609,
        "volume": 226,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2059.97583,
        "volume": 116,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2061.970215,
        "volume": 56,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2068.949951,
        "volume": 33,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2060.205078,
        "volume": 7509,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2084.052002,
        "volume": 160,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2112.143799,
        "volume": 21315,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2091.451172,
        "volume": 23865,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2129.844727,
        "volume": 3124,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2119.124512,
        "volume": 4642,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2119.124512,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-08",
        "close": 2140.06665,
        "volume": 1864,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-15",
        "close": 2180.953125,
        "volume": 2741,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2151.684326,
        "volume": 972,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-29",
        "close": 2170.980957,
        "volume": 6322,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-05",
        "close": 2162.524414,
        "volume": 5209,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-12",
        "close": 2192.660645,
        "volume": 11837,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2192.660645,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2197.688232,
        "volume": 22910,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2218.843018,
        "volume": 19693,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2229.166016,
        "volume": 27578,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2200.97998,
        "volume": 26570,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2237.90332,
        "volume": 9961,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2297.706787,
        "volume": 39638,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2286.027344,
        "volume": 2367,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2286.027344,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2286.027344,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2254.94873,
        "volume": 6458,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2257.093018,
        "volume": 8702,
        "typical_volume": 9873.2,
        "trend": 2165.591488,
        "fair_value": 2073.868138,
        "relative_strength": -6.396237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.835017,
        "energy": 65.124283,
        "activity_lines": [
          2268.094938,
          2265.31464,
          2237.214342,
          2207.645521
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2251.108887,
        "volume": 253,
        "typical_volume": 9653.75,
        "trend": 2172.078906,
        "fair_value": 2076.056296,
        "relative_strength": -8.19175,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.848579,
        "energy": 55.258986,
        "activity_lines": [
          2260.456315,
          2264.521294,
          2241.214279,
          2213.162773
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2200.97998,
        "volume": 7250,
        "typical_volume": 10016.25,
        "trend": 2176.762419,
        "fair_value": 2077.579755,
        "relative_strength": -8.777219,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.267925,
        "energy": 29.783667,
        "activity_lines": [
          2238.435954,
          2254.026949,
          2239.811537,
          2215.027358
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2201.369385,
        "volume": 0,
        "typical_volume": 9923.05,
        "trend": 2181.475537,
        "fair_value": 2079.071196,
        "relative_strength": -10.593394,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.839359,
        "energy": 30.180983,
        "activity_lines": [
          2222.215218,
          2244.115878,
          2238.056094,
          2216.614904
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2199.18457,
        "volume": 13952,
        "typical_volume": 10483.6,
        "trend": 2186.049349,
        "fair_value": 2080.501118,
        "relative_strength": -8.093942,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.699355,
        "energy": 34.462509,
        "activity_lines": [
          2210.910075,
          2233.800488,
          2235.800656,
          2217.757422
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2245.252197,
        "volume": 56774,
        "typical_volume": 13273.7,
        "trend": 2191.926091,
        "fair_value": 2082.439366,
        "relative_strength": -8.437177,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.226294,
        "energy": 28.492745,
        "activity_lines": [
          2218.678418,
          2232.565008,
          2237.845794,
          2221.576961
        ]
      },
      {
        "date": "2026-01-16",
        "close": 2229.560547,
        "volume": 13368,
        "typical_volume": 13626.0,
        "trend": 2197.571273,
        "fair_value": 2084.150077,
        "relative_strength": -9.986694,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.292507,
        "energy": 18.7704,
        "activity_lines": [
          2222.005599,
          2229.43022,
          2237.950928,
          2224.00499
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2165.227539,
        "volume": 17791,
        "typical_volume": 14255.1,
        "trend": 2200.277124,
        "fair_value": 2085.082002,
        "relative_strength": -13.416417,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -26.684362,
        "energy": 30.58243,
        "activity_lines": [
          2205.325,
          2215.625191,
          2231.650158,
          2221.918298
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2146.742432,
        "volume": 11716,
        "typical_volume": 14249.05,
        "trend": 2201.430412,
        "fair_value": 2085.782688,
        "relative_strength": -12.853848,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -51.822129,
        "energy": 67.627639,
        "activity_lines": [
          2184.866195,
          2200.655593,
          2223.57603,
          2218.464447
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2126.811279,
        "volume": 13652,
        "typical_volume": 14931.65,
        "trend": 2202.609082,
        "fair_value": 2086.243684,
        "relative_strength": -17.040598,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.866398,
        "energy": 81.924368,
        "activity_lines": [
          2161.405469,
          2184.594602,
          2213.822355,
          2213.650309
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2126.811279,
        "volume": 0,
        "typical_volume": 13786.15,
        "trend": 2202.507967,
        "fair_value": 2086.694435,
        "relative_strength": -17.300121,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.624596,
        "energy": 83.353719,
        "activity_lines": [
          2142.769629,
          2170.863383,
          2204.382249,
          2208.760128
        ]
      },
      {
        "date": "2026-02-20",
        "close": 2118.770752,
        "volume": 15723,
        "typical_volume": 13587.65,
        "trend": 2202.496175,
        "fair_value": 2087.046922,
        "relative_strength": -17.032015,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.817584,
        "energy": 82.179833,
        "activity_lines": [
          2129.349674,
          2158.039009,
          2194.513887,
          2203.357727
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2121.51416,
        "volume": 7075,
        "typical_volume": 12562.5,
        "trend": 2202.57583,
        "fair_value": 2087.421566,
        "relative_strength": -16.361782,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -72.579166,
        "energy": 89.837435,
        "activity_lines": [
          2124.230176,
          2148.119584,
          2185.383337,
          2198.133081
        ]
      },
      {
        "date": "2026-03-06",
        "close": 2166.663818,
        "volume": 2214,
        "typical_volume": 11344.7,
        "trend": 2203.462402,
        "fair_value": 2088.273633,
        "relative_strength": -9.010941,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.725936,
        "energy": 66.434136,
        "activity_lines": [
          2137.074788,
          2147.854022,
          2181.065382,
          2195.816177
        ]
      },
      {
        "date": "2026-03-13",
        "close": 2141.425537,
        "volume": 11033,
        "typical_volume": 11398.3,
        "trend": 2202.144816,
        "fair_value": 2088.839079,
        "relative_strength": -7.497563,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.043173,
        "energy": 55.889708,
        "activity_lines": [
          2140.178548,
          2143.630691,
          2174.507192,
          2191.813799
        ]
      },
      {
        "date": "2026-03-20",
        "close": 2108.535645,
        "volume": 16000,
        "typical_volume": 10216.4,
        "trend": 2200.706527,
        "fair_value": 2089.046411,
        "relative_strength": -6.454611,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.067655,
        "energy": 63.220243,
        "activity_lines": [
          2131.344727,
          2134.477543,
          2165.276049,
          2185.774498
        ]
      },
      {
        "date": "2026-03-27",
        "close": 2084.050049,
        "volume": 39366,
        "typical_volume": 12066.35,
        "trend": 2197.80883,
        "fair_value": 2088.994366,
        "relative_strength": -10.715691,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.292391,
        "energy": 67.674163,
        "activity_lines": [
          2115.567415,
          2123.358225,
          2154.613759,
          2178.248273
        ]
      },
      {
        "date": "2026-04-03",
        "close": 2099.620117,
        "volume": 26584,
        "typical_volume": 13395.55,
        "trend": 2195.71202,
        "fair_value": 2089.10391,
        "relative_strength": -13.580895,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.499598,
        "energy": 66.115953,
        "activity_lines": [
          2107.294841,
          2117.715474,
          2146.39613,
          2171.913517
        ]
      },
      {
        "date": "2026-04-10",
        "close": 2118.669922,
        "volume": 30740,
        "typical_volume": 14932.55,
        "trend": 2193.245662,
        "fair_value": 2089.405604,
        "relative_strength": -12.857392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.989691,
        "energy": 76.919137,
        "activity_lines": [
          2106.831803,
          2116.729186,
          2140.880421,
          2166.94306
        ]
      },
      {
        "date": "2026-04-17",
        "close": 2212.969971,
        "volume": 14178,
        "typical_volume": 15318.55,
        "trend": 2193.92264,
        "fair_value": 2090.653728,
        "relative_strength": -8.490317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.806639,
        "energy": 22.209188,
        "activity_lines": [
          2141.001709,
          2133.39877,
          2145.14261,
          2168.215596
        ]
      },
      {
        "date": "2026-04-24",
        "close": 2217.304688,
        "volume": 403,
        "typical_volume": 14903.6,
        "trend": 2194.576522,
        "fair_value": 2091.920238,
        "relative_strength": -7.414093,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 5.855329,
        "energy": 25.217711,
        "activity_lines": [
          2171.846892,
          2149.289964,
          2150.017527,
          2169.724115
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2262.189453,
        "volume": 16857,
        "typical_volume": 15733.8,
        "trend": 2196.021403,
        "fair_value": 2093.606072,
        "relative_strength": -3.545119,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.205788,
        "energy": 56.222918,
        "activity_lines": [
          2210.402393,
          2171.696689,
          2159.356652,
          2174.086239
        ]
      },
      {
        "date": "2026-05-08",
        "close": 2282.138184,
        "volume": 5729,
        "typical_volume": 15657.75,
        "trend": 2197.787142,
        "fair_value": 2095.454426,
        "relative_strength": -5.321736,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.65116,
        "energy": 71.878781,
        "activity_lines": [
          2243.731511,
          2195.122843,
          2170.542892,
          2179.642161
        ]
      },
      {
        "date": "2026-05-15",
        "close": 2307.273682,
        "volume": 18353,
        "typical_volume": 16575.4,
        "trend": 2201.330265,
        "fair_value": 2097.510924,
        "relative_strength": -1.549399,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.289528,
        "energy": 83.370751,
        "activity_lines": [
          2273.271257,
          2220.198651,
          2183.736521,
          2186.705809
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2304.790039,
        "volume": 3030,
        "typical_volume": 16029.3,
        "trend": 2203.559823,
        "fair_value": 2099.503992,
        "relative_strength": -2.084613,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 54.740091,
        "energy": 83.995134,
        "activity_lines": [
          2289.409538,
          2242.266344,
          2196.189307,
          2193.380633
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2358.960938,
        "volume": 6747,
        "typical_volume": 13527.95,
        "trend": 2205.601628,
        "fair_value": 2101.97501,
        "relative_strength": -0.086689,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 65.783313,
        "energy": 87.74608,
        "activity_lines": [
          2317.483448,
          2271.213028,
          2213.298342,
          2203.406511
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2329.995117,
        "volume": 7850,
        "typical_volume": 13252.05,
        "trend": 2207.06722,
        "fair_value": 2104.126144,
        "relative_strength": 2.352929,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 72.490305,
        "energy": 89.743031,
        "activity_lines": [
          2326.458333,
          2290.340013,
          2227.107258,
          2211.431897
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2297.598389,
        "volume": 511,
        "typical_volume": 12388.05,
        "trend": 2207.452922,
        "fair_value": 2105.934295,
        "relative_strength": -1.641794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.150969,
        "energy": 80.417351,
        "activity_lines": [
          2320.113932,
          2299.104954,
          2237.352511,
          2217.272618
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2338.244141,
        "volume": 0,
        "typical_volume": 11802.25,
        "trend": 2209.193481,
        "fair_value": 2108.085312,
        "relative_strength": 0.583695,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.429263,
        "energy": 70.326886,
        "activity_lines": [
          2326.287435,
          2311.660427,
          2250.838451,
          2225.710761
        ]
      },
      {
        "date": "2026-06-26",
        "close": 2312.47998,
        "volume": 1297,
        "typical_volume": 11184.5,
        "trend": 2211.11119,
        "fair_value": 2109.960493,
        "relative_strength": 0.292252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.006618,
        "energy": 63.120744,
        "activity_lines": [
          2321.808187,
          2315.539249,
          2260.958748,
          2232.374406
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2341.5,
        "volume": 0,
        "typical_volume": 11184.5,
        "trend": 2213.924756,
        "fair_value": 2112.065398,
        "relative_strength": 1.887985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.156082,
        "energy": 65.451148,
        "activity_lines": [
          2326.489616,
          2322.885165,
          2272.958721,
          2240.786588
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2378.850098,
        "volume": 2025,
        "typical_volume": 10499.6,
        "trend": 2218.182796,
        "fair_value": 2114.468863,
        "relative_strength": 4.46106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.843104,
        "energy": 71.634514,
        "activity_lines": [
          2344.78514,
          2334.763912,
          2287.493518,
          2251.426932
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2365.0,
        "volume": 3007,
        "typical_volume": 10296.2,
        "trend": 2223.65013,
        "fair_value": 2116.705748,
        "relative_strength": 3.774879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.69775,
        "energy": 82.922103,
        "activity_lines": [
          2355.206966,
          2342.003356,
          2299.470785,
          2260.89901
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2337.5,
        "volume": 801,
        "typical_volume": 10225.55,
        "trend": 2228.187817,
        "fair_value": 2118.65968,
        "relative_strength": 3.057711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.984981,
        "energy": 74.02066,
        "activity_lines": [
          2351.968685,
          2342.736222,
          2307.669548,
          2268.244163
        ]
      },
      {
        "date": "2026-07-31",
        "close": 2323.219971,
        "volume": 8800,
        "typical_volume": 10113.9,
        "trend": 2232.322331,
        "fair_value": 2120.454068,
        "relative_strength": 1.72595,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.93194,
        "energy": 63.592089,
        "activity_lines": [
          2344.020003,
          2340.323149,
          2313.694802,
          2274.375269
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2388.800049,
        "volume": 11513,
        "typical_volume": 9889.55,
        "trend": 2237.107259,
        "fair_value": 2122.787512,
        "relative_strength": 4.663731,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.822212,
        "energy": 68.645811,
        "activity_lines": [
          2357.215348,
          2349.498637,
          2325.100091,
          2284.470606
        ]
      }
    ],
    "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."
    }
  }
}