{
  "ticker": {
    "uuid": "5b57b6b7-86b0-436a-937d-52e46dd6d79d",
    "symbol": "FRT",
    "name": "Federal Realty Investment Trust",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 93.534,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 47.033,
    "architecture_energy": 40.058,
    "architecture_maturity": 71.098,
    "architecture_confidence": 49.676,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 29.21,
        "rotation_up": 42.55,
        "upward_expansion": 68.82,
        "deceleration": 67.59,
        "rotation_down": 24.75,
        "downward_expansion": 12.15
      },
      "activity_lines": [
        122.735333,
        122.778563,
        120.504899,
        117.208689
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 118.69,
    "trend_reference": 112.787148,
    "distance_from_trend": 0.052336,
    "trend_direction": "Improving",
    "fair_value": 98.264092,
    "distance_from_fair_value": 0.207867,
    "fair_value_direction": "Improving",
    "relative_strength": 0.102345,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.134215,
    "excess_performance": 0.00859,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.052336,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.081107,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.207867,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.004711,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.001023,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.034959,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.134215,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.87671,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 6291226,
      "relative_activity": 1.394868,
      "balance": 0.87671,
      "dry_up": 1.061785,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.041595,
      "annualized_volatility": 0.193879,
      "from_high_reference": -0.074253,
      "from_low_reference": 0.349678
    },
    "levels": {
      "trend_reference": 112.787148,
      "fair_value_reference": 98.264092,
      "structural_low": 101.162282,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 27,
        "median_return": 0.023634,
        "positive_rate": 0.703704,
        "directional_follow_through": 0.703704,
        "median_excess_return": 0.009995,
        "regime_survival": 0.703704,
        "best_return": 0.090921,
        "worst_return": -0.125908,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.037802,
        "positive_rate": 0.727273,
        "directional_follow_through": 0.727273,
        "median_excess_return": -0.013788,
        "regime_survival": 0.363636,
        "best_return": 0.119879,
        "worst_return": -0.091391,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.008621,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.108902,
        "regime_survival": 0.333333,
        "best_return": 0.157694,
        "worst_return": -0.263872,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.072354,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.152306,
        "regime_survival": 0.0,
        "best_return": 0.115575,
        "worst_return": -0.147789,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-01",
        "end": "2024-07-12",
        "tenure": "Established",
        "return": 0.087111,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-10-04",
        "tenure": "Developing",
        "return": 0.026758,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-11",
        "end": "2024-11-22",
        "tenure": "Developing",
        "return": 0.030597,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-29",
        "end": "2024-12-20",
        "tenure": "New",
        "return": -0.040549,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-27",
        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.078558,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-17",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": -0.003416,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-21",
        "end": "2025-06-13",
        "tenure": "Established",
        "return": -0.075581,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-20",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.065396,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-05",
        "end": "2025-09-12",
        "tenure": "New",
        "return": -0.009935,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-10-10",
        "tenure": "New",
        "return": -0.029673,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": 0.034465,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": 0.038776,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.021163,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.054741,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 85.569496,
        "volume": 1700888,
        "typical_volume": 2609718.9,
        "trend": 86.755422,
        "fair_value": 88.283991,
        "relative_strength": -9.290038,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.466782,
        "energy": 26.359329,
        "activity_lines": [
          89.119952,
          88.553986,
          86.118495,
          85.783113
        ]
      },
      {
        "date": "2023-08-25",
        "close": 86.581207,
        "volume": 3602614,
        "typical_volume": 2695534.95,
        "trend": 86.420721,
        "fair_value": 88.436064,
        "relative_strength": -8.729672,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 12.702338,
        "energy": 14.046831,
        "activity_lines": [
          88.029552,
          88.415681,
          86.273992,
          85.771873
        ]
      },
      {
        "date": "2023-09-01",
        "close": 87.02494,
        "volume": 2204061,
        "typical_volume": 2723153.0,
        "trend": 86.052808,
        "fair_value": 88.582917,
        "relative_strength": -10.313616,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 6.828083,
        "energy": 10.213568,
        "activity_lines": [
          87.423708,
          88.313864,
          86.467737,
          85.810855
        ]
      },
      {
        "date": "2023-09-08",
        "close": 86.625581,
        "volume": 2004915,
        "typical_volume": 2717352.55,
        "trend": 85.760358,
        "fair_value": 88.751802,
        "relative_strength": -9.377982,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 28.485339,
        "energy": 22.826742,
        "activity_lines": [
          86.854547,
          88.010996,
          86.611598,
          85.847808
        ]
      },
      {
        "date": "2023-09-15",
        "close": 87.699415,
        "volume": 2040216,
        "typical_volume": 2662479.95,
        "trend": 85.529149,
        "fair_value": 88.904581,
        "relative_strength": -7.919569,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.53749,
        "energy": 17.994546,
        "activity_lines": [
          86.987075,
          87.889817,
          86.851583,
          85.972909
        ]
      },
      {
        "date": "2023-09-22",
        "close": 83.401125,
        "volume": 2799751,
        "typical_volume": 2686577.7,
        "trend": 85.214521,
        "fair_value": 89.067633,
        "relative_strength": -9.632002,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.087229,
        "energy": 11.405564,
        "activity_lines": [
          85.887408,
          86.941304,
          86.677674,
          85.835617
        ]
      },
      {
        "date": "2023-09-29",
        "close": 81.363228,
        "volume": 2346736,
        "typical_volume": 2663940.5,
        "trend": 84.825313,
        "fair_value": 89.190691,
        "relative_strength": -10.996927,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.5597,
        "energy": 27.90226,
        "activity_lines": [
          84.252999,
          85.723813,
          86.314961,
          85.587146
        ]
      },
      {
        "date": "2023-10-06",
        "close": 78.03257,
        "volume": 2650226,
        "typical_volume": 2685549.5,
        "trend": 84.604707,
        "fair_value": 89.292654,
        "relative_strength": -14.773988,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -43.108048,
        "energy": 57.708205,
        "activity_lines": [
          81.856237,
          84.087432,
          85.629436,
          85.148905
        ]
      },
      {
        "date": "2023-10-13",
        "close": 79.325332,
        "volume": 2516634,
        "typical_volume": 2712277.2,
        "trend": 84.562283,
        "fair_value": 89.423278,
        "relative_strength": -13.493522,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.680049,
        "energy": 63.101616,
        "activity_lines": [
          80.489886,
          82.895906,
          85.066131,
          84.8083
        ]
      },
      {
        "date": "2023-10-20",
        "close": 78.364738,
        "volume": 2734873,
        "typical_volume": 2743997.2,
        "trend": 84.469419,
        "fair_value": 89.535804,
        "relative_strength": -12.219591,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -71.688676,
        "energy": 79.137182,
        "activity_lines": [
          79.290021,
          81.756207,
          84.397268,
          84.408458
        ]
      },
      {
        "date": "2023-10-27",
        "close": 77.790177,
        "volume": 2820220,
        "typical_volume": 2742728.3,
        "trend": 84.172603,
        "fair_value": 89.68499,
        "relative_strength": -10.371389,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.04342,
        "energy": 79.68774,
        "activity_lines": [
          78.520947,
          80.736464,
          83.681228,
          83.977539
        ]
      },
      {
        "date": "2023-11-03",
        "close": 85.735279,
        "volume": 4081093,
        "typical_volume": 2789179.15,
        "trend": 84.172496,
        "fair_value": 89.884344,
        "relative_strength": -6.278959,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.57976,
        "energy": 35.84168,
        "activity_lines": [
          80.774303,
          81.302728,
          83.75303,
          84.078357
        ]
      },
      {
        "date": "2023-11-10",
        "close": 83.095889,
        "volume": 3188042,
        "typical_volume": 2855580.25,
        "trend": 84.124469,
        "fair_value": 89.967497,
        "relative_strength": -9.99631,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.481206,
        "energy": 24.635687,
        "activity_lines": [
          81.856393,
          81.404482,
          83.565916,
          84.008899
        ]
      },
      {
        "date": "2023-11-17",
        "close": 83.077934,
        "volume": 6024780,
        "typical_volume": 3011642.55,
        "trend": 84.049234,
        "fair_value": 90.043879,
        "relative_strength": -11.606498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.769918,
        "energy": 20.497257,
        "activity_lines": [
          82.594944,
          81.57441,
          83.362163,
          83.94138
        ]
      },
      {
        "date": "2023-11-24",
        "close": 82.691901,
        "volume": 2450149,
        "typical_volume": 3027671.15,
        "trend": 83.914055,
        "fair_value": 90.12495,
        "relative_strength": -12.425693,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.198231,
        "energy": 24.418198,
        "activity_lines": [
          82.954643,
          81.738652,
          83.134988,
          83.85381
        ]
      },
      {
        "date": "2023-12-01",
        "close": 87.89886,
        "volume": 3988198,
        "typical_volume": 3085292.0,
        "trend": 84.027004,
        "fair_value": 90.215366,
        "relative_strength": -7.31169,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.050284,
        "energy": 21.57888,
        "activity_lines": [
          84.761518,
          82.94066,
          83.415558,
          84.110895
        ]
      },
      {
        "date": "2023-12-08",
        "close": 88.98514,
        "volume": 2851292,
        "typical_volume": 3090077.7,
        "trend": 84.320317,
        "fair_value": 90.327734,
        "relative_strength": -5.993886,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.83379,
        "energy": 31.986588,
        "activity_lines": [
          86.256573,
          84.258396,
          83.80476,
          84.430774
        ]
      },
      {
        "date": "2023-12-15",
        "close": 94.371649,
        "volume": 3786416,
        "typical_volume": 3159818.25,
        "trend": 84.871252,
        "fair_value": 90.48398,
        "relative_strength": -2.346829,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 53.038797,
        "energy": 60.45571,
        "activity_lines": [
          89.330475,
          86.416917,
          84.719563,
          85.079247
        ]
      },
      {
        "date": "2023-12-22",
        "close": 93.375145,
        "volume": 2190609,
        "typical_volume": 2917024.0,
        "trend": 85.438094,
        "fair_value": 90.642629,
        "relative_strength": -3.938267,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 65.405785,
        "energy": 74.835354,
        "activity_lines": [
          91.320491,
          88.097182,
          85.516605,
          85.627886
        ]
      },
      {
        "date": "2023-12-29",
        "close": 93.491853,
        "volume": 1456789,
        "typical_volume": 2871925.1,
        "trend": 85.889525,
        "fair_value": 90.804058,
        "relative_strength": -3.829589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.527458,
        "energy": 79.799167,
        "activity_lines": [
          92.662929,
          89.543215,
          86.317174,
          86.147483
        ]
      },
      {
        "date": "2024-01-05",
        "close": 92.512025,
        "volume": 2365247,
        "typical_volume": 2905143.05,
        "trend": 86.162094,
        "fair_value": 90.962241,
        "relative_strength": -2.979951,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.814617,
        "energy": 77.401661,
        "activity_lines": [
          92.958761,
          90.536059,
          87.011169,
          86.574741
        ]
      },
      {
        "date": "2024-01-12",
        "close": 93.355766,
        "volume": 4798778,
        "typical_volume": 2964951.25,
        "trend": 86.468929,
        "fair_value": 91.111737,
        "relative_strength": -3.480759,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.466348,
        "energy": 71.072331,
        "activity_lines": [
          93.228295,
          91.41464,
          87.752461,
          87.038849
        ]
      },
      {
        "date": "2024-01-19",
        "close": 91.287241,
        "volume": 2533195,
        "typical_volume": 2981407.95,
        "trend": 86.84648,
        "fair_value": 91.241492,
        "relative_strength": -6.297733,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.804662,
        "energy": 47.334459,
        "activity_lines": [
          92.516946,
          91.778572,
          88.264491,
          87.349708
        ]
      },
      {
        "date": "2024-01-26",
        "close": 93.990839,
        "volume": 3229377,
        "typical_volume": 3042631.05,
        "trend": 87.116837,
        "fair_value": 91.393568,
        "relative_strength": -4.06083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.781368,
        "energy": 46.443991,
        "activity_lines": [
          92.912424,
          92.485133,
          89.01371,
          87.810634
        ]
      },
      {
        "date": "2024-02-02",
        "close": 92.512025,
        "volume": 3620234,
        "typical_volume": 3121631.95,
        "trend": 87.361271,
        "fair_value": 91.51713,
        "relative_strength": -6.409606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.996016,
        "energy": 43.294658,
        "activity_lines": [
          92.773917,
          92.724403,
          89.587016,
          88.158711
        ]
      },
      {
        "date": "2024-02-09",
        "close": 91.75901,
        "volume": 3530450,
        "typical_volume": 3158166.9,
        "trend": 87.453697,
        "fair_value": 91.578919,
        "relative_strength": -7.959448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.432939,
        "energy": 34.876833,
        "activity_lines": [
          92.449728,
          92.648213,
          90.06569,
          88.442436
        ]
      },
      {
        "date": "2024-02-16",
        "close": 91.105792,
        "volume": 3985400,
        "typical_volume": 3240100.1,
        "trend": 87.436194,
        "fair_value": 91.649998,
        "relative_strength": -7.82839,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.697496,
        "energy": 32.091167,
        "activity_lines": [
          91.958,
          92.383072,
          90.442353,
          88.678055
        ]
      },
      {
        "date": "2024-02-23",
        "close": 89.164282,
        "volume": 2725424,
        "typical_volume": 3243860.0,
        "trend": 87.422604,
        "fair_value": 91.701121,
        "relative_strength": -10.734131,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.710728,
        "energy": 20.069774,
        "activity_lines": [
          90.9691,
          91.726371,
          90.587717,
          88.789544
        ]
      },
      {
        "date": "2024-03-01",
        "close": 90.652168,
        "volume": 4058918,
        "typical_volume": 3320974.2,
        "trend": 87.384951,
        "fair_value": 91.73817,
        "relative_strength": -9.626139,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.44724,
        "energy": 20.619758,
        "activity_lines": [
          90.617693,
          91.434875,
          90.821777,
          88.997903
        ]
      },
      {
        "date": "2024-03-08",
        "close": 92.693475,
        "volume": 3206541,
        "typical_volume": 3344557.6,
        "trend": 87.451136,
        "fair_value": 91.764589,
        "relative_strength": -7.006945,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.099728,
        "energy": 20.754212,
        "activity_lines": [
          91.169299,
          91.564034,
          91.196309,
          89.340389
        ]
      },
      {
        "date": "2024-03-15",
        "close": 90.895615,
        "volume": 2688766,
        "typical_volume": 3337984.9,
        "trend": 87.628673,
        "fair_value": 91.822971,
        "relative_strength": -8.475241,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.662318,
        "energy": 16.691014,
        "activity_lines": [
          91.109522,
          91.380826,
          91.331385,
          89.562613
        ]
      },
      {
        "date": "2024-03-22",
        "close": 91.271596,
        "volume": 2569865,
        "typical_volume": 3262423.5,
        "trend": 87.78502,
        "fair_value": 91.866156,
        "relative_strength": -9.810076,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.749774,
        "energy": 17.063971,
        "activity_lines": [
          91.232632,
          91.295366,
          91.439861,
          89.797641
        ]
      },
      {
        "date": "2024-03-29",
        "close": 93.646693,
        "volume": 2062936,
        "typical_volume": 3206168.2,
        "trend": 88.005745,
        "fair_value": 91.92654,
        "relative_strength": -7.463907,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.66968,
        "energy": 30.311478,
        "activity_lines": [
          92.136387,
          91.679637,
          91.748174,
          90.175813
        ]
      },
      {
        "date": "2024-04-05",
        "close": 91.41832,
        "volume": 2261150,
        "typical_volume": 3017986.7,
        "trend": 88.165503,
        "fair_value": 91.965004,
        "relative_strength": -8.527786,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.052355,
        "energy": 22.355556,
        "activity_lines": [
          91.998524,
          91.61585,
          91.794018,
          90.395979
        ]
      },
      {
        "date": "2024-04-12",
        "close": 91.464171,
        "volume": 3106907,
        "typical_volume": 3050824.6,
        "trend": 88.290995,
        "fair_value": 91.995763,
        "relative_strength": -6.855428,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.881293,
        "energy": 20.669676,
        "activity_lines": [
          91.824868,
          91.607172,
          91.804514,
          90.608797
        ]
      },
      {
        "date": "2024-04-19",
        "close": 91.491682,
        "volume": 2518311,
        "typical_volume": 2977330.25,
        "trend": 88.56068,
        "fair_value": 92.011792,
        "relative_strength": -3.631473,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.648694,
        "energy": 18.664937,
        "activity_lines": [
          91.742336,
          91.622549,
          91.775856,
          90.815292
        ]
      },
      {
        "date": "2024-04-26",
        "close": 93.710885,
        "volume": 3372449,
        "typical_volume": 3003388.1,
        "trend": 88.972268,
        "fair_value": 92.026412,
        "relative_strength": -3.57475,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.982524,
        "energy": 25.417266,
        "activity_lines": [
          92.3598,
          92.046277,
          91.941443,
          91.147564
        ]
      },
      {
        "date": "2024-05-03",
        "close": 93.54582,
        "volume": 4464370,
        "typical_volume": 3037285.8,
        "trend": 89.489377,
        "fair_value": 92.02164,
        "relative_strength": -4.075456,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.168201,
        "energy": 27.452252,
        "activity_lines": [
          92.759623,
          92.392628,
          92.068806,
          91.442632
        ]
      },
      {
        "date": "2024-05-10",
        "close": 93.279883,
        "volume": 3171905,
        "typical_volume": 3086350.6,
        "trend": 89.954528,
        "fair_value": 92.035108,
        "relative_strength": -5.92594,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 49.530343,
        "energy": 30.016293,
        "activity_lines": [
          93.077526,
          92.610963,
          92.174774,
          91.68718
        ]
      },
      {
        "date": "2024-05-17",
        "close": 93.839268,
        "volume": 2579391,
        "typical_volume": 3142480.7,
        "trend": 90.470346,
        "fair_value": 92.052265,
        "relative_strength": -6.793268,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 53.965489,
        "energy": 39.48017,
        "activity_lines": [
          93.457786,
          92.883227,
          92.33447,
          91.937809
        ]
      },
      {
        "date": "2024-05-24",
        "close": 89.923567,
        "volume": 1778082,
        "typical_volume": 3113122.45,
        "trend": 90.874792,
        "fair_value": 92.034817,
        "relative_strength": -10.548572,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.531012,
        "energy": 11.70124,
        "activity_lines": [
          92.374472,
          92.422713,
          92.119588,
          91.902533
        ]
      },
      {
        "date": "2024-05-31",
        "close": 92.573773,
        "volume": 2421356,
        "typical_volume": 2994251.35,
        "trend": 91.102742,
        "fair_value": 92.017269,
        "relative_strength": -7.419415,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.822679,
        "energy": 13.882716,
        "activity_lines": [
          92.279102,
          92.461729,
          92.169433,
          92.012144
        ]
      },
      {
        "date": "2024-06-07",
        "close": 92.628794,
        "volume": 1910804,
        "typical_volume": 2963131.8,
        "trend": 91.420506,
        "fair_value": 91.969014,
        "relative_strength": -8.278348,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.020208,
        "energy": 13.904481,
        "activity_lines": [
          92.277879,
          92.487072,
          92.228241,
          92.110599
        ]
      },
      {
        "date": "2024-06-14",
        "close": 92.793859,
        "volume": 2142030,
        "typical_volume": 2908764.45,
        "trend": 91.74437,
        "fair_value": 91.954643,
        "relative_strength": -9.391359,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.019106,
        "energy": 15.537248,
        "activity_lines": [
          92.392813,
          92.560934,
          92.296382,
          92.199203
        ]
      },
      {
        "date": "2024-06-21",
        "close": 92.931413,
        "volume": 2392169,
        "typical_volume": 2847361.2,
        "trend": 92.085687,
        "fair_value": 91.925385,
        "relative_strength": -9.685193,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.408053,
        "energy": 16.618248,
        "activity_lines": [
          92.586,
          92.634797,
          92.383323,
          92.275786
        ]
      },
      {
        "date": "2024-06-28",
        "close": 93.59885,
        "volume": 3016239,
        "typical_volume": 2821650.65,
        "trend": 92.275687,
        "fair_value": 91.907794,
        "relative_strength": -8.760823,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.419199,
        "energy": 28.05989,
        "activity_lines": [
          93.062189,
          92.803334,
          92.531832,
          92.37341
        ]
      },
      {
        "date": "2024-07-05",
        "close": 93.441261,
        "volume": 997828,
        "typical_volume": 2672272.05,
        "trend": 92.424224,
        "fair_value": 91.888197,
        "relative_strength": -10.365148,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.214304,
        "energy": 31.776847,
        "activity_lines": [
          93.24083,
          92.904907,
          92.656571,
          92.448608
        ]
      },
      {
        "date": "2024-07-12",
        "close": 98.549012,
        "volume": 2331343,
        "typical_volume": 2652568.0,
        "trend": 92.563469,
        "fair_value": 91.906058,
        "relative_strength": -6.129797,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 78.308172,
        "energy": 62.632777,
        "activity_lines": [
          95.064223,
          93.940064,
          93.256642,
          92.843756
        ]
      },
      {
        "date": "2024-07-19",
        "close": 101.506132,
        "volume": 2430652,
        "typical_volume": 2571154.7,
        "trend": 92.834502,
        "fair_value": 91.945757,
        "relative_strength": -1.166969,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.856139,
        "energy": 79.843283,
        "activity_lines": [
          97.47864,
          95.421912,
          94.093654,
          93.420702
        ]
      },
      {
        "date": "2024-07-26",
        "close": 101.552481,
        "volume": 2346540,
        "typical_volume": 2528154.65,
        "trend": 93.10319,
        "fair_value": 91.98088,
        "relative_strength": -0.169633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.933109,
        "energy": 84.69724,
        "activity_lines": [
          99.327689,
          96.762618,
          94.883395,
          93.983152
        ]
      },
      {
        "date": "2024-08-02",
        "close": 104.268582,
        "volume": 3498398,
        "typical_volume": 2568636.25,
        "trend": 93.495075,
        "fair_value": 92.013607,
        "relative_strength": 4.856502,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.206567,
        "energy": 91.805506,
        "activity_lines": [
          101.507368,
          98.456922,
          95.889626,
          94.7035
        ]
      },
      {
        "date": "2024-08-09",
        "close": 104.56522,
        "volume": 3166319,
        "typical_volume": 2598458.95,
        "trend": 93.868724,
        "fair_value": 92.055099,
        "relative_strength": 5.24788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.884889,
        "energy": 90.682714,
        "activity_lines": [
          103.07461,
          99.944341,
          96.860428,
          95.417703
        ]
      },
      {
        "date": "2024-08-16",
        "close": 105.037989,
        "volume": 2595190,
        "typical_volume": 2625071.65,
        "trend": 94.327082,
        "fair_value": 92.120268,
        "relative_strength": 1.754987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.355134,
        "energy": 88.91053,
        "activity_lines": [
          104.057844,
          101.299691,
          97.812952,
          96.1383
        ]
      },
      {
        "date": "2024-08-23",
        "close": 107.707739,
        "volume": 3901464,
        "typical_volume": 2707087.35,
        "trend": 94.784312,
        "fair_value": 92.178446,
        "relative_strength": 2.974302,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.031521,
        "energy": 91.109675,
        "activity_lines": [
          105.498397,
          102.914829,
          98.965494,
          97.001568
        ]
      },
      {
        "date": "2024-08-30",
        "close": 106.604613,
        "volume": 2755684,
        "typical_volume": 2689526.2,
        "trend": 95.254065,
        "fair_value": 92.218025,
        "relative_strength": 1.707395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.837413,
        "energy": 81.836039,
        "activity_lines": [
          106.157801,
          104.058238,
          99.935408,
          97.764169
        ]
      },
      {
        "date": "2024-09-06",
        "close": 107.021762,
        "volume": 2677805,
        "typical_volume": 2697500.9,
        "trend": 95.762823,
        "fair_value": 92.287003,
        "relative_strength": 6.502138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.908193,
        "energy": 69.601636,
        "activity_lines": [
          106.619445,
          105.028887,
          100.872953,
          98.523375
        ]
      },
      {
        "date": "2024-09-13",
        "close": 108.820135,
        "volume": 3911031,
        "typical_volume": 2724430.0,
        "trend": 96.353301,
        "fair_value": 92.359438,
        "relative_strength": 4.187382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.093587,
        "energy": 71.86958,
        "activity_lines": [
          107.497002,
          106.082461,
          101.907818,
          99.365782
        ]
      },
      {
        "date": "2024-09-20",
        "close": 104.77843,
        "volume": 7315168,
        "typical_volume": 2866969.9,
        "trend": 96.873773,
        "fair_value": 92.401717,
        "relative_strength": -0.965027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.378417,
        "energy": 56.170434,
        "activity_lines": [
          106.743663,
          106.121564,
          102.485811,
          99.909339
        ]
      },
      {
        "date": "2024-09-27",
        "close": 106.029875,
        "volume": 2982030,
        "typical_volume": 2857476.15,
        "trend": 97.386363,
        "fair_value": 92.441284,
        "relative_strength": -0.270904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.359595,
        "energy": 50.488683,
        "activity_lines": [
          106.424776,
          106.274939,
          103.1295,
          100.500055
        ]
      },
      {
        "date": "2024-10-04",
        "close": 104.22225,
        "volume": 3084685,
        "typical_volume": 2882740.85,
        "trend": 97.770656,
        "fair_value": 92.467413,
        "relative_strength": -2.206872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.215838,
        "energy": 37.609246,
        "activity_lines": [
          105.615205,
          106.017406,
          103.540321,
          100.94108
        ]
      },
      {
        "date": "2024-10-11",
        "close": 104.315848,
        "volume": 2626626,
        "typical_volume": 2925168.05,
        "trend": 98.217997,
        "fair_value": 92.480234,
        "relative_strength": -3.170163,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.44799,
        "energy": 27.771237,
        "activity_lines": [
          104.995657,
          105.72835,
          103.910612,
          101.36335
        ]
      },
      {
        "date": "2024-10-18",
        "close": 107.020853,
        "volume": 2191225,
        "typical_volume": 2913661.5,
        "trend": 98.742972,
        "fair_value": 92.527951,
        "relative_strength": -1.454476,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.905467,
        "energy": 33.009686,
        "activity_lines": [
          105.458172,
          105.930253,
          104.469988,
          101.931277
        ]
      },
      {
        "date": "2024-10-25",
        "close": 105.158238,
        "volume": 2398302,
        "typical_volume": 2938036.4,
        "trend": 99.12669,
        "fair_value": 92.565631,
        "relative_strength": -2.136339,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.430796,
        "energy": 26.92155,
        "activity_lines": [
          105.419768,
          105.748851,
          104.783177,
          102.345165
        ]
      },
      {
        "date": "2024-11-01",
        "close": 103.361141,
        "volume": 3640220,
        "typical_volume": 3012945.9,
        "trend": 99.524784,
        "fair_value": 92.527226,
        "relative_strength": -2.269742,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.158578,
        "energy": 22.696162,
        "activity_lines": [
          104.757011,
          105.238517,
          104.86555,
          102.618355
        ]
      },
      {
        "date": "2024-11-08",
        "close": 107.030213,
        "volume": 3799537,
        "typical_volume": 3083314.3,
        "trend": 100.043652,
        "fair_value": 92.537194,
        "relative_strength": -3.270883,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.216334,
        "energy": 34.237291,
        "activity_lines": [
          105.495193,
          105.474317,
          105.247038,
          103.102576
        ]
      },
      {
        "date": "2024-11-15",
        "close": 106.272063,
        "volume": 4963335,
        "typical_volume": 3180669.1,
        "trend": 100.536332,
        "fair_value": 92.53659,
        "relative_strength": -1.861581,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.965657,
        "energy": 29.70656,
        "activity_lines": [
          105.793461,
          105.564533,
          105.489184,
          103.504409
        ]
      },
      {
        "date": "2024-11-22",
        "close": 107.507567,
        "volume": 2576981,
        "typical_volume": 3259626.75,
        "trend": 100.996221,
        "fair_value": 92.565006,
        "relative_strength": -2.311651,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.048264,
        "energy": 34.705142,
        "activity_lines": [
          106.37315,
          105.893017,
          105.788648,
          103.954166
        ]
      },
      {
        "date": "2024-11-29",
        "close": 109.182985,
        "volume": 2418937,
        "typical_volume": 3264006.45,
        "trend": 101.51746,
        "fair_value": 92.592105,
        "relative_strength": -1.817077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.21034,
        "energy": 48.518607,
        "activity_lines": [
          107.478863,
          106.549988,
          106.180694,
          104.482345
        ]
      },
      {
        "date": "2024-12-06",
        "close": 106.599659,
        "volume": 2526678,
        "typical_volume": 3268807.75,
        "trend": 101.961452,
        "fair_value": 92.586358,
        "relative_strength": -4.765277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.093998,
        "energy": 39.423383,
        "activity_lines": [
          107.455152,
          106.657179,
          106.27607,
          104.810229
        ]
      },
      {
        "date": "2024-12-13",
        "close": 106.936615,
        "volume": 2758419,
        "typical_volume": 3289401.7,
        "trend": 102.398031,
        "fair_value": 92.586947,
        "relative_strength": -3.633448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.864752,
        "energy": 34.861727,
        "activity_lines": [
          107.327858,
          106.815276,
          106.379283,
          105.131207
        ]
      },
      {
        "date": "2024-12-20",
        "close": 104.755763,
        "volume": 4567635,
        "typical_volume": 3342863.55,
        "trend": 102.892437,
        "fair_value": 92.558433,
        "relative_strength": -3.606986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.300014,
        "energy": 19.691431,
        "activity_lines": [
          106.479853,
          106.527503,
          106.249156,
          105.283319
        ]
      },
      {
        "date": "2024-12-27",
        "close": 104.297129,
        "volume": 1343137,
        "typical_volume": 3251704.45,
        "trend": 103.283216,
        "fair_value": 92.500487,
        "relative_strength": -4.412306,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.916206,
        "energy": 11.792501,
        "activity_lines": [
          105.580056,
          106.148343,
          106.073031,
          105.373944
        ]
      },
      {
        "date": "2025-01-03",
        "close": 103.648363,
        "volume": 1914955,
        "typical_volume": 3217692.7,
        "trend": 103.650535,
        "fair_value": 92.448774,
        "relative_strength": -4.263374,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.256387,
        "energy": 11.450571,
        "activity_lines": [
          104.678034,
          105.700747,
          105.836395,
          105.397502
        ]
      },
      {
        "date": "2025-01-10",
        "close": 96.103768,
        "volume": 2827851,
        "typical_volume": 3164012.05,
        "trend": 103.760865,
        "fair_value": 92.356746,
        "relative_strength": -9.166355,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -55.75378,
        "energy": 52.948001,
        "activity_lines": [
          101.630121,
          103.90886,
          104.887843,
          104.910614
        ]
      },
      {
        "date": "2025-01-17",
        "close": 99.639706,
        "volume": 3104046,
        "typical_volume": 3181430.15,
        "trend": 103.984475,
        "fair_value": 92.338761,
        "relative_strength": -8.276542,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.807184,
        "energy": 60.129356,
        "activity_lines": [
          100.460581,
          102.891822,
          104.331304,
          104.644732
        ]
      },
      {
        "date": "2025-01-24",
        "close": 100.72696,
        "volume": 2410343,
        "typical_volume": 3168057.05,
        "trend": 104.222078,
        "fair_value": 92.31586,
        "relative_strength": -8.573705,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.176318,
        "energy": 59.630447,
        "activity_lines": [
          100.139919,
          102.20684,
          103.911479,
          104.43457
        ]
      },
      {
        "date": "2025-01-31",
        "close": 102.702925,
        "volume": 4726375,
        "typical_volume": 3208824.25,
        "trend": 104.530801,
        "fair_value": 92.319536,
        "relative_strength": -5.638484,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.37976,
        "energy": 62.806351,
        "activity_lines": [
          100.746499,
          101.981944,
          103.709817,
          104.33656
        ]
      },
      {
        "date": "2025-02-07",
        "close": 104.924705,
        "volume": 3218846,
        "typical_volume": 3004008.15,
        "trend": 104.743324,
        "fair_value": 92.351364,
        "relative_strength": -3.317894,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -45.322316,
        "energy": 26.059639,
        "activity_lines": [
          102.199952,
          102.248366,
          103.748883,
          104.361973
        ]
      },
      {
        "date": "2025-02-14",
        "close": 99.299349,
        "volume": 4491931,
        "typical_volume": 3079503.2,
        "trend": 104.669764,
        "fair_value": 92.35859,
        "relative_strength": -9.631156,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -51.541381,
        "energy": 26.543509,
        "activity_lines": [
          101.693198,
          101.569418,
          103.251503,
          104.010749
        ]
      },
      {
        "date": "2025-02-21",
        "close": 98.561907,
        "volume": 3309024,
        "typical_volume": 3090720.15,
        "trend": 104.570078,
        "fair_value": 92.348992,
        "relative_strength": -8.711193,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.718697,
        "energy": 33.588297,
        "activity_lines": [
          100.72759,
          100.889124,
          102.715942,
          103.616694
        ]
      },
      {
        "date": "2025-02-28",
        "close": 99.668069,
        "volume": 3288408,
        "typical_volume": 3123809.25,
        "trend": 104.416728,
        "fair_value": 92.347976,
        "relative_strength": -6.679217,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.147387,
        "energy": 34.416281,
        "activity_lines": [
          100.202557,
          100.562217,
          102.312683,
          103.300435
        ]
      },
      {
        "date": "2025-03-07",
        "close": 95.782319,
        "volume": 3403337,
        "typical_volume": 3184414.85,
        "trend": 104.123965,
        "fair_value": 92.330739,
        "relative_strength": -7.30396,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.754424,
        "energy": 66.453395,
        "activity_lines": [
          98.452866,
          99.621313,
          101.561485,
          102.743377
        ]
      },
      {
        "date": "2025-03-14",
        "close": 90.913314,
        "volume": 4677989,
        "typical_volume": 3298399.2,
        "trend": 103.653142,
        "fair_value": 92.282201,
        "relative_strength": -9.787968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.997755,
        "energy": 79.568419,
        "activity_lines": [
          95.541548,
          97.949951,
          100.400089,
          101.891077
        ]
      },
      {
        "date": "2025-03-21",
        "close": 89.91115,
        "volume": 4254263,
        "typical_volume": 3329101.35,
        "trend": 103.059922,
        "fair_value": 92.215406,
        "relative_strength": -11.063745,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.865238,
        "energy": 86.412266,
        "activity_lines": [
          93.230267,
          96.327923,
          99.211081,
          101.004496
        ]
      },
      {
        "date": "2025-03-28",
        "close": 91.641301,
        "volume": 4084761,
        "typical_volume": 3343362.55,
        "trend": 102.561145,
        "fair_value": 92.134692,
        "relative_strength": -7.833087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.327058,
        "energy": 82.769305,
        "activity_lines": [
          92.121584,
          95.133061,
          98.250898,
          100.267811
        ]
      },
      {
        "date": "2025-04-04",
        "close": 85.184341,
        "volume": 5539570,
        "typical_volume": 3372174.3,
        "trend": 101.833231,
        "fair_value": 92.030067,
        "relative_strength": -5.683655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.642217,
        "energy": 89.211957,
        "activity_lines": [
          89.321954,
          92.909632,
          96.749047,
          99.146727
        ]
      },
      {
        "date": "2025-04-11",
        "close": 86.303049,
        "volume": 7249516,
        "typical_volume": 3605801.05,
        "trend": 101.082662,
        "fair_value": 91.920351,
        "relative_strength": -9.382191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.976663,
        "energy": 82.534929,
        "activity_lines": [
          87.860808,
          91.172198,
          95.454157,
          98.14478
        ]
      },
      {
        "date": "2025-04-18",
        "close": 89.611364,
        "volume": 3007064,
        "typical_volume": 3635207.4,
        "trend": 100.577093,
        "fair_value": 91.839748,
        "relative_strength": -4.388481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.574447,
        "energy": 59.358129,
        "activity_lines": [
          88.134386,
          90.334455,
          94.575318,
          97.404696
        ]
      },
      {
        "date": "2025-04-25",
        "close": 90.24243,
        "volume": 3897443,
        "typical_volume": 3703745.65,
        "trend": 100.050845,
        "fair_value": 91.788631,
        "relative_strength": -7.724475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.902321,
        "energy": 54.18758,
        "activity_lines": [
          88.705116,
          89.889876,
          93.849779,
          96.737944
        ]
      },
      {
        "date": "2025-05-02",
        "close": 92.288614,
        "volume": 3565161,
        "typical_volume": 3744082.75,
        "trend": 99.653057,
        "fair_value": 91.760956,
        "relative_strength": -8.092851,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.041134,
        "energy": 41.767245,
        "activity_lines": [
          89.935821,
          89.982001,
          93.397007,
          96.237154
        ]
      },
      {
        "date": "2025-05-09",
        "close": 89.401009,
        "volume": 3933983,
        "typical_volume": 3712400.15,
        "trend": 99.155896,
        "fair_value": 91.710307,
        "relative_strength": -10.363434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.235328,
        "energy": 32.55088,
        "activity_lines": [
          90.160838,
          89.663167,
          92.738976,
          95.575732
        ]
      },
      {
        "date": "2025-05-16",
        "close": 93.655923,
        "volume": 4059777,
        "typical_volume": 3848232.15,
        "trend": 98.710398,
        "fair_value": 91.722269,
        "relative_strength": -10.603388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.205926,
        "energy": 23.482797,
        "activity_lines": [
          91.523048,
          90.304628,
          92.559294,
          95.220895
        ]
      },
      {
        "date": "2025-05-23",
        "close": 88.502218,
        "volume": 3017516,
        "typical_volume": 3903360.2,
        "trend": 98.155197,
        "fair_value": 91.666182,
        "relative_strength": -13.139774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.284729,
        "energy": 26.376716,
        "activity_lines": [
          90.677164,
          90.047713,
          91.939455,
          94.562303
        ]
      },
      {
        "date": "2025-05-30",
        "close": 91.294207,
        "volume": 3034534,
        "typical_volume": 3913694.35,
        "trend": 97.752966,
        "fair_value": 91.649451,
        "relative_strength": -11.741747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.343506,
        "energy": 23.109368,
        "activity_lines": [
          90.835887,
          90.342271,
          91.657644,
          94.119658
        ]
      },
      {
        "date": "2025-06-06",
        "close": 92.192998,
        "volume": 2724683,
        "typical_volume": 3894726.2,
        "trend": 97.258392,
        "fair_value": 91.692105,
        "relative_strength": -12.113445,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.63203,
        "energy": 18.809878,
        "activity_lines": [
          91.224088,
          90.775099,
          91.484335,
          93.760951
        ]
      },
      {
        "date": "2025-06-13",
        "close": 91.112536,
        "volume": 3148828,
        "typical_volume": 3931650.45,
        "trend": 96.753075,
        "fair_value": 91.766772,
        "relative_strength": -12.63525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.842092,
        "energy": 20.932543,
        "activity_lines": [
          91.25851,
          91.001448,
          91.243585,
          93.364444
        ]
      },
      {
        "date": "2025-06-20",
        "close": 91.294207,
        "volume": 2954471,
        "typical_volume": 3843055.25,
        "trend": 96.212629,
        "fair_value": 91.810635,
        "relative_strength": -12.135361,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.040917,
        "energy": 12.8448,
        "activity_lines": [
          91.239387,
          91.153043,
          91.065921,
          93.012259
        ]
      },
      {
        "date": "2025-06-27",
        "close": 90.510155,
        "volume": 3250813,
        "typical_volume": 3844653.6,
        "trend": 95.590202,
        "fair_value": 91.860187,
        "relative_strength": -15.562345,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.939103,
        "energy": 14.366487,
        "activity_lines": [
          91.116361,
          91.071334,
          90.867911,
          92.644357
        ]
      },
      {
        "date": "2025-07-04",
        "close": 92.669706,
        "volume": 3332545,
        "typical_volume": 3786684.3,
        "trend": 95.12587,
        "fair_value": 91.927064,
        "relative_strength": -14.779267,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.514203,
        "energy": 11.192994,
        "activity_lines": [
          91.579323,
          91.36593,
          90.944215,
          92.455938
        ]
      },
      {
        "date": "2025-07-11",
        "close": 91.779767,
        "volume": 3568880,
        "typical_volume": 3799677.1,
        "trend": 94.620642,
        "fair_value": 91.987419,
        "relative_strength": -15.073752,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.78747,
        "energy": 10.755877,
        "activity_lines": [
          91.653938,
          91.454586,
          90.967331,
          92.240061
        ]
      },
      {
        "date": "2025-07-18",
        "close": 91.576629,
        "volume": 3327217,
        "typical_volume": 3801617.55,
        "trend": 94.181337,
        "fair_value": 92.016069,
        "relative_strength": -15.408977,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.826616,
        "energy": 9.263873,
        "activity_lines": [
          91.68839,
          91.51556,
          91.003398,
          92.043673
        ]
      },
      {
        "date": "2025-07-25",
        "close": 91.160679,
        "volume": 2856943,
        "typical_volume": 3774297.85,
        "trend": 93.743456,
        "fair_value": 92.026006,
        "relative_strength": -16.626179,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.446683,
        "energy": 8.649617,
        "activity_lines": [
          91.553252,
          91.46135,
          91.03838,
          91.848791
        ]
      },
      {
        "date": "2025-08-01",
        "close": 87.649291,
        "volume": 5631431,
        "typical_volume": 3821969.95,
        "trend": 93.210153,
        "fair_value": 92.012673,
        "relative_strength": -17.325474,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.839131,
        "energy": 27.445082,
        "activity_lines": [
          90.256553,
          90.814074,
          90.760953,
          91.45562
        ]
      },
      {
        "date": "2025-08-08",
        "close": 88.316745,
        "volume": 5787660,
        "typical_volume": 3898639.8,
        "trend": 92.950586,
        "fair_value": 91.971364,
        "relative_strength": -18.163208,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.352178,
        "energy": 40.159277,
        "activity_lines": [
          89.373063,
          90.303661,
          90.562635,
          91.139916
        ]
      },
      {
        "date": "2025-08-15",
        "close": 90.783423,
        "volume": 4756115,
        "typical_volume": 3932207.5,
        "trend": 92.655376,
        "fair_value": 91.954734,
        "relative_strength": -16.213064,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.849974,
        "energy": 35.429286,
        "activity_lines": [
          89.601997,
          90.29587,
          90.606832,
          91.000099
        ]
      },
      {
        "date": "2025-08-22",
        "close": 96.200441,
        "volume": 3355851,
        "typical_volume": 3823021.55,
        "trend": 92.504492,
        "fair_value": 92.001763,
        "relative_strength": -11.014414,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 5.264389,
        "energy": 4.310708,
        "activity_lines": [
          91.703026,
          91.298621,
          91.17102,
          91.228813
        ]
      },
      {
        "date": "2025-08-29",
        "close": 97.264498,
        "volume": 3118976,
        "typical_volume": 3616494.55,
        "trend": 92.323211,
        "fair_value": 92.077153,
        "relative_strength": -9.571557,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.878908,
        "energy": 46.829267,
        "activity_lines": [
          93.850487,
          92.402329,
          91.784089,
          91.53591
        ]
      },
      {
        "date": "2025-09-05",
        "close": 99.315226,
        "volume": 2425584,
        "typical_volume": 3587420.55,
        "trend": 92.136229,
        "fair_value": 92.148447,
        "relative_strength": -7.475078,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 49.392685,
        "energy": 67.155257,
        "activity_lines": [
          96.274602,
          93.770345,
          92.540269,
          91.987008
        ]
      },
      {
        "date": "2025-09-12",
        "close": 98.328555,
        "volume": 2934711,
        "typical_volume": 3539283.95,
        "trend": 92.103869,
        "fair_value": 92.232996,
        "relative_strength": -9.322863,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 68.15752,
        "energy": 79.678836,
        "activity_lines": [
          97.592099,
          94.798875,
          93.156271,
          92.386512
        ]
      },
      {
        "date": "2025-09-19",
        "close": 96.364886,
        "volume": 3634891,
        "typical_volume": 3542770.45,
        "trend": 92.030635,
        "fair_value": 92.35322,
        "relative_strength": -11.793261,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.325273,
        "energy": 75.555598,
        "activity_lines": [
          97.587584,
          95.367486,
          93.546751,
          92.661417
        ]
      },
      {
        "date": "2025-09-26",
        "close": 96.268154,
        "volume": 2520314,
        "typical_volume": 3472087.0,
        "trend": 91.917305,
        "fair_value": 92.474475,
        "relative_strength": -11.192348,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.80653,
        "energy": 68.170467,
        "activity_lines": [
          97.178729,
          95.835144,
          93.908608,
          92.934805
        ]
      },
      {
        "date": "2025-10-03",
        "close": 97.252302,
        "volume": 2637753,
        "typical_volume": 3400985.8,
        "trend": 91.966304,
        "fair_value": 92.599673,
        "relative_strength": -10.869429,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.567595,
        "energy": 45.113734,
        "activity_lines": [
          97.093408,
          96.396437,
          94.331493,
          93.278998
        ]
      },
      {
        "date": "2025-10-10",
        "close": 93.505432,
        "volume": 2121036,
        "typical_volume": 3356161.8,
        "trend": 92.052708,
        "fair_value": 92.708445,
        "relative_strength": -11.773178,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.092046,
        "energy": 25.827186,
        "activity_lines": [
          95.759944,
          96.165724,
          94.380407,
          93.378297
        ]
      },
      {
        "date": "2025-10-17",
        "close": 96.792503,
        "volume": 2415193,
        "typical_volume": 3325194.75,
        "trend": 92.282086,
        "fair_value": 92.821232,
        "relative_strength": -9.811421,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.933324,
        "energy": 25.753936,
        "activity_lines": [
          95.90949,
          96.426186,
          94.718551,
          93.68409
        ]
      },
      {
        "date": "2025-10-24",
        "close": 99.101279,
        "volume": 2297781,
        "typical_volume": 3303849.65,
        "trend": 92.530752,
        "fair_value": 92.912505,
        "relative_strength": -9.007582,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.488675,
        "energy": 34.226079,
        "activity_lines": [
          96.931031,
          96.95232,
          95.250396,
          94.124038
        ]
      },
      {
        "date": "2025-10-31",
        "close": 94.102192,
        "volume": 4588975,
        "typical_volume": 3375857.0,
        "trend": 92.828014,
        "fair_value": 92.937509,
        "relative_strength": -13.740399,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.617281,
        "energy": 20.018603,
        "activity_lines": [
          96.103783,
          96.418295,
          95.273241,
          94.225421
        ]
      },
      {
        "date": "2025-11-07",
        "close": 95.227231,
        "volume": 4618560,
        "typical_volume": 3459061.45,
        "trend": 93.125487,
        "fair_value": 92.954979,
        "relative_strength": -10.846529,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.333442,
        "energy": 20.550943,
        "activity_lines": [
          95.795947,
          96.126973,
          95.388996,
          94.38021
        ]
      },
      {
        "date": "2025-11-14",
        "close": 94.92396,
        "volume": 3369439,
        "typical_volume": 3464992.75,
        "trend": 93.302573,
        "fair_value": 92.966984,
        "relative_strength": -10.801029,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.083061,
        "energy": 15.373865,
        "activity_lines": [
          95.522024,
          95.817552,
          95.457139,
          94.49624
        ]
      },
      {
        "date": "2025-11-21",
        "close": 95.843557,
        "volume": 2575479,
        "typical_volume": 3427139.45,
        "trend": 93.489277,
        "fair_value": 92.97476,
        "relative_strength": -7.756366,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.853417,
        "energy": 17.160205,
        "activity_lines": [
          95.460065,
          95.755171,
          95.591845,
          94.660175
        ]
      },
      {
        "date": "2025-11-28",
        "close": 96.587061,
        "volume": 2105447,
        "typical_volume": 3353967.8,
        "trend": 93.632559,
        "fair_value": 92.991759,
        "relative_strength": -9.892109,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.942056,
        "energy": 15.824059,
        "activity_lines": [
          95.709204,
          95.873155,
          95.782248,
          94.860032
        ]
      },
      {
        "date": "2025-12-05",
        "close": 95.09027,
        "volume": 2538476,
        "typical_volume": 3314530.75,
        "trend": 93.822201,
        "fair_value": 93.009012,
        "relative_strength": -11.163142,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.275249,
        "energy": 10.514949,
        "activity_lines": [
          95.627028,
          95.714956,
          95.807206,
          94.954077
        ]
      },
      {
        "date": "2025-12-12",
        "close": 97.418612,
        "volume": 4070011,
        "typical_volume": 3375184.15,
        "trend": 93.947624,
        "fair_value": 93.069361,
        "relative_strength": -8.05283,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.433566,
        "energy": 22.381503,
        "activity_lines": [
          96.255093,
          96.001507,
          96.03718,
          95.186104
        ]
      },
      {
        "date": "2025-12-19",
        "close": 99.16976,
        "volume": 4432990,
        "typical_volume": 3315262.1,
        "trend": 94.303209,
        "fair_value": 93.14198,
        "relative_strength": -6.124108,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 62.038872,
        "energy": 42.785842,
        "activity_lines": [
          97.320782,
          96.603425,
          96.404131,
          95.523016
        ]
      },
      {
        "date": "2025-12-26",
        "close": 100.128489,
        "volume": 1675388,
        "typical_volume": 3109648.5,
        "trend": 94.597685,
        "fair_value": 93.221955,
        "relative_strength": -6.175814,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 66.062618,
        "energy": 55.396453,
        "activity_lines": [
          98.422995,
          97.27667,
          96.807529,
          95.898841
        ]
      },
      {
        "date": "2026-01-02",
        "close": 97.986023,
        "volume": 1916263,
        "typical_volume": 2967655.9,
        "trend": 94.790786,
        "fair_value": 93.270402,
        "relative_strength": -6.833012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.274506,
        "energy": 51.947657,
        "activity_lines": [
          98.52539,
          97.499721,
          96.950637,
          96.117443
        ]
      },
      {
        "date": "2026-01-09",
        "close": 100.568508,
        "volume": 4116643,
        "typical_volume": 3005695.5,
        "trend": 95.105985,
        "fair_value": 93.3081,
        "relative_strength": -5.612792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.844644,
        "energy": 59.158202,
        "activity_lines": [
          99.395349,
          98.212593,
          97.305398,
          96.490199
        ]
      },
      {
        "date": "2026-01-16",
        "close": 102.577108,
        "volume": 2929159,
        "typical_volume": 2996204.65,
        "trend": 95.482081,
        "fair_value": 93.367014,
        "relative_strength": -3.144861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.50502,
        "energy": 65.269732,
        "activity_lines": [
          100.569625,
          99.173095,
          97.830653,
          96.972207
        ]
      },
      {
        "date": "2026-01-23",
        "close": 100.697138,
        "volume": 2729802,
        "typical_volume": 3011415.55,
        "trend": 95.821647,
        "fair_value": 93.393135,
        "relative_strength": -4.326202,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.9737,
        "energy": 52.960842,
        "activity_lines": [
          100.773345,
          99.65815,
          98.151566,
          97.308662
        ]
      },
      {
        "date": "2026-01-30",
        "close": 100.093568,
        "volume": 5491091,
        "typical_volume": 3139234.55,
        "trend": 96.06911,
        "fair_value": 93.406156,
        "relative_strength": -4.941023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.219069,
        "energy": 54.02445,
        "activity_lines": [
          100.67405,
          99.928498,
          98.408415,
          97.58427
        ]
      },
      {
        "date": "2026-02-06",
        "close": 104.645075,
        "volume": 4237994,
        "typical_volume": 3169389.7,
        "trend": 96.497953,
        "fair_value": 93.465425,
        "relative_strength": -0.106405,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.595627,
        "energy": 69.42522,
        "activity_lines": [
          102.094252,
          100.94912,
          99.090336,
          98.137558
        ]
      },
      {
        "date": "2026-02-13",
        "close": 103.695195,
        "volume": 5022922,
        "typical_volume": 3294520.1,
        "trend": 96.901905,
        "fair_value": 93.523499,
        "relative_strength": 0.436076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.075265,
        "energy": 59.63854,
        "activity_lines": [
          102.753891,
          101.650528,
          99.642364,
          98.601897
        ]
      },
      {
        "date": "2026-02-20",
        "close": 106.317259,
        "volume": 4191035,
        "typical_volume": 3372184.2,
        "trend": 97.407125,
        "fair_value": 93.609892,
        "relative_strength": 1.984016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.289013,
        "energy": 74.045387,
        "activity_lines": [
          104.079105,
          102.672221,
          100.408744,
          99.209339
        ]
      },
      {
        "date": "2026-02-27",
        "close": 107.623344,
        "volume": 4803161,
        "typical_volume": 3506290.45,
        "trend": 98.072926,
        "fair_value": 93.703378,
        "relative_strength": 3.923965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.589874,
        "energy": 81.259138,
        "activity_lines": [
          105.590337,
          103.76959,
          101.256347,
          99.86845
        ]
      },
      {
        "date": "2026-03-06",
        "close": 106.416205,
        "volume": 3500280,
        "typical_volume": 3560544.8,
        "trend": 98.676242,
        "fair_value": 93.8429,
        "relative_strength": 4.971907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.165332,
        "energy": 71.671917,
        "activity_lines": [
          106.237443,
          104.493778,
          101.921757,
          100.406726
        ]
      },
      {
        "date": "2026-03-13",
        "close": 103.388463,
        "volume": 2988283,
        "typical_volume": 3595069.9,
        "trend": 99.09641,
        "fair_value": 93.988993,
        "relative_strength": 3.635746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.227717,
        "energy": 56.514605,
        "activity_lines": [
          105.453792,
          104.553145,
          102.252982,
          100.71074
        ]
      },
      {
        "date": "2026-03-20",
        "close": 102.06259,
        "volume": 3785339,
        "typical_volume": 3554888.1,
        "trend": 99.291815,
        "fair_value": 94.123043,
        "relative_strength": 4.233828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.785646,
        "energy": 38.982852,
        "activity_lines": [
          104.311958,
          104.273219,
          102.437519,
          100.902106
        ]
      },
      {
        "date": "2026-03-27",
        "close": 101.785542,
        "volume": 3902089,
        "typical_volume": 3519064.55,
        "trend": 99.442516,
        "fair_value": 94.21978,
        "relative_strength": 6.409993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.727795,
        "energy": 20.714744,
        "activity_lines": [
          103.186614,
          103.915755,
          102.557764,
          101.062992
        ]
      },
      {
        "date": "2026-04-03",
        "close": 106.79,
        "volume": 4173583,
        "typical_volume": 3559271.75,
        "trend": 99.691675,
        "fair_value": 94.354725,
        "relative_strength": 8.04695,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.101884,
        "energy": 25.022388,
        "activity_lines": [
          104.031538,
          104.482584,
          103.123394,
          101.537023
        ]
      },
      {
        "date": "2026-04-10",
        "close": 109.05,
        "volume": 6554526,
        "typical_volume": 3758224.1,
        "trend": 100.049057,
        "fair_value": 94.511862,
        "relative_strength": 6.537107,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.704198,
        "energy": 40.991859,
        "activity_lines": [
          105.685351,
          105.349543,
          103.847757,
          102.140786
        ]
      },
      {
        "date": "2026-04-17",
        "close": 112.53,
        "volume": 3921810,
        "typical_volume": 3849042.25,
        "trend": 100.587894,
        "fair_value": 94.686189,
        "relative_strength": 5.371918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.563409,
        "energy": 71.428648,
        "activity_lines": [
          108.323578,
          106.686386,
          104.840661,
          102.946008
        ]
      },
      {
        "date": "2026-04-24",
        "close": 111.04,
        "volume": 2678965,
        "typical_volume": 3856066.7,
        "trend": 101.080289,
        "fair_value": 94.841912,
        "relative_strength": 3.558816,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.578931,
        "energy": 78.119339,
        "activity_lines": [
          109.855703,
          107.608957,
          105.615741,
          103.620338
        ]
      },
      {
        "date": "2026-05-01",
        "close": 114.24783,
        "volume": 5451400,
        "typical_volume": 3925136.15,
        "trend": 101.646806,
        "fair_value": 95.032536,
        "relative_strength": 5.641874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.795157,
        "energy": 84.547489,
        "activity_lines": [
          111.85861,
          108.981228,
          106.620378,
          104.469856
        ]
      },
      {
        "date": "2026-05-08",
        "close": 114.604482,
        "volume": 4780515,
        "typical_volume": 3942512.4,
        "trend": 102.350108,
        "fair_value": 95.253169,
        "relative_strength": 3.598198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.605263,
        "energy": 86.396409,
        "activity_lines": [
          113.149582,
          110.274152,
          107.578842,
          105.305836
        ]
      },
      {
        "date": "2026-05-15",
        "close": 112.107912,
        "volume": 4108069,
        "typical_volume": 4064146.45,
        "trend": 102.860622,
        "fair_value": 95.472812,
        "relative_strength": 1.22958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.659756,
        "energy": 75.485847,
        "activity_lines": [
          113.087399,
          110.986225,
          108.22604,
          105.935371
        ]
      },
      {
        "date": "2026-05-22",
        "close": 118.636642,
        "volume": 4190161,
        "typical_volume": 4177841.35,
        "trend": 103.511801,
        "fair_value": 95.743753,
        "relative_strength": 6.13356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.329949,
        "energy": 81.091962,
        "activity_lines": [
          114.997598,
          112.781854,
          109.437976,
          106.953179
        ]
      },
      {
        "date": "2026-05-29",
        "close": 118.517758,
        "volume": 4478116,
        "typical_volume": 4195915.0,
        "trend": 104.325653,
        "fair_value": 95.990989,
        "relative_strength": 4.507923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.859044,
        "energy": 78.69465,
        "activity_lines": [
          116.461059,
          114.278628,
          110.540254,
          107.921305
        ]
      },
      {
        "date": "2026-06-05",
        "close": 121.420517,
        "volume": 4420141,
        "typical_volume": 4270464.1,
        "trend": 105.198762,
        "fair_value": 96.228717,
        "relative_strength": 9.689109,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.675494,
        "energy": 81.256858,
        "activity_lines": [
          118.39359,
          116.003992,
          111.833512,
          109.0242
        ]
      },
      {
        "date": "2026-06-12",
        "close": 124.670021,
        "volume": 6227729,
        "typical_volume": 4445360.45,
        "trend": 106.190298,
        "fair_value": 96.488456,
        "relative_strength": 11.790592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.089773,
        "energy": 91.644692,
        "activity_lines": [
          120.93111,
          117.963175,
          113.346516,
          110.28041
        ]
      },
      {
        "date": "2026-06-19",
        "close": 119.270692,
        "volume": 4835016,
        "typical_volume": 4412556.7,
        "trend": 106.971202,
        "fair_value": 96.740443,
        "relative_strength": 5.904788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.703921,
        "energy": 78.233231,
        "activity_lines": [
          120.997817,
          118.615571,
          114.231142,
          111.124306
        ]
      },
      {
        "date": "2026-06-26",
        "close": 123.917087,
        "volume": 4411725,
        "typical_volume": 4421243.25,
        "trend": 107.882203,
        "fair_value": 96.98427,
        "relative_strength": 12.406235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.080488,
        "energy": 73.354239,
        "activity_lines": [
          122.135804,
          119.926934,
          115.466962,
          112.217589
        ]
      },
      {
        "date": "2026-07-03",
        "close": 121.69,
        "volume": 3583604,
        "typical_volume": 4349277.35,
        "trend": 108.768861,
        "fair_value": 97.218315,
        "relative_strength": 7.859728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.697627,
        "energy": 61.488226,
        "activity_lines": [
          122.179399,
          120.626336,
          116.398907,
          113.108415
        ]
      },
      {
        "date": "2026-07-10",
        "close": 120.94,
        "volume": 3332154,
        "typical_volume": 4306333.3,
        "trend": 109.552907,
        "fair_value": 97.423147,
        "relative_strength": 5.598154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.932961,
        "energy": 53.337202,
        "activity_lines": [
          121.761511,
          120.995737,
          117.173734,
          113.89365
        ]
      },
      {
        "date": "2026-07-17",
        "close": 126.02,
        "volume": 3716023,
        "typical_volume": 4251976.4,
        "trend": 110.447915,
        "fair_value": 97.64359,
        "relative_strength": 11.448871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.345886,
        "energy": 60.685157,
        "activity_lines": [
          123.068991,
          122.167098,
          118.362738,
          114.956043
        ]
      },
      {
        "date": "2026-07-24",
        "close": 126.08,
        "volume": 4475913,
        "typical_volume": 4300758.05,
        "trend": 111.312965,
        "fair_value": 97.877615,
        "relative_strength": 11.793022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.187198,
        "energy": 59.463334,
        "activity_lines": [
          124.306472,
          123.141814,
          119.469854,
          115.964564
        ]
      },
      {
        "date": "2026-07-31",
        "close": 124.09,
        "volume": 4672574,
        "typical_volume": 4384972.6,
        "trend": 112.183098,
        "fair_value": 98.08472,
        "relative_strength": 8.51317,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.344997,
        "energy": 54.400875,
        "activity_lines": [
          124.426667,
          123.500674,
          120.293808,
          116.788889
        ]
      },
      {
        "date": "2026-08-07",
        "close": 118.69,
        "volume": 6291226,
        "typical_volume": 4510266.95,
        "trend": 112.787148,
        "fair_value": 98.264092,
        "relative_strength": 0.102345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.033317,
        "energy": 40.05829,
        "activity_lines": [
          122.735333,
          122.778563,
          120.504899,
          117.208689
        ]
      }
    ],
    "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."
    }
  }
}