{
  "ticker": {
    "uuid": "5c2f9f73-8958-4d6e-aac5-e718517fec5f",
    "symbol": "VGT",
    "name": "Vanguard Information Technology Index Fund ETF Shares",
    "exchange": "MEX",
    "country": "MX",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^MXX",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -66.0,
    "architecture_energy": 68.1,
    "architecture_maturity": 100.0,
    "architecture_confidence": 86.641,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 14.34,
        "rotation_up": 30.0,
        "upward_expansion": 12.0,
        "deceleration": 61.0,
        "rotation_down": 53.84,
        "downward_expansion": 83.0
      },
      "activity_lines": [
        2018.115332,
        2023.406075,
        2149.510428,
        3775.160918
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 2080.0,
    "trend_reference": 6293.104008,
    "distance_from_trend": -0.669479,
    "trend_direction": "Weakening",
    "fair_value": 9979.408511,
    "distance_from_fair_value": -0.791571,
    "fair_value_direction": "Improving",
    "relative_strength": -78.683697,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.836578,
    "excess_performance": -0.781912,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.669479,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.382739,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.791571,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.023535,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.786837,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.069178,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.836578,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.198291,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 166033,
      "relative_activity": 2.374539,
      "balance": 2.198291,
      "dry_up": 1.744303,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.044169,
      "annualized_volatility": 2.87578,
      "from_high_reference": -0.859808,
      "from_low_reference": 0.31229
    },
    "levels": {
      "trend_reference": 6293.104008,
      "fair_value_reference": 9979.408511,
      "structural_low": 1585.015015,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 18,
        "median_return": 0.003076,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.0115,
        "regime_survival": 0.833333,
        "best_return": 0.188812,
        "worst_return": -0.853465,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.005399,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.029753,
        "regime_survival": 0.5,
        "best_return": 0.281728,
        "worst_return": -0.832326,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.10306,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.026015,
        "regime_survival": 0.0,
        "best_return": 0.375645,
        "worst_return": -0.182816,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.493855,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.620436,
        "regime_survival": 0.5,
        "best_return": -0.161266,
        "worst_return": -0.826445,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-11-24",
        "end": "2024-04-05",
        "tenure": "Established",
        "return": 0.079215,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-12",
        "end": "2024-05-24",
        "tenure": "Developing",
        "return": 0.056009,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-31",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": 0.128032,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.033404,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-30",
        "end": "2025-02-21",
        "tenure": "Established",
        "return": 0.142524,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-28",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.043197,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.036509,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.198801,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-06-20",
        "tenure": "New",
        "return": 0.024121,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-27",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": 0.054877,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-15",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": 0.004655,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": -0.048483,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-06",
        "end": "2026-02-20",
        "tenure": "New",
        "return": -0.005785,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-27",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.833645,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 7098.469238,
        "volume": 75072,
        "typical_volume": 8200.45,
        "trend": 7069.584603,
        "fair_value": 7415.701782,
        "relative_strength": 1.278922,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.560218,
        "energy": 18.658069,
        "activity_lines": [
          7324.474479,
          7426.440217,
          7369.818418,
          7242.522573
        ]
      },
      {
        "date": "2023-08-25",
        "close": 7158.345215,
        "volume": 63503,
        "typical_volume": 11364.2,
        "trend": 7088.038265,
        "fair_value": 7415.900794,
        "relative_strength": 2.431303,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.276141,
        "energy": 22.273424,
        "activity_lines": [
          7238.821061,
          7368.778187,
          7361.221808,
          7248.249064
        ]
      },
      {
        "date": "2023-09-01",
        "close": 7548.253906,
        "volume": 9281,
        "typical_volume": 11806.75,
        "trend": 7105.04056,
        "fair_value": 7421.354517,
        "relative_strength": 8.211648,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.380511,
        "energy": 29.09337,
        "activity_lines": [
          7312.330469,
          7389.599485,
          7388.440288,
          7277.940396
        ]
      },
      {
        "date": "2023-09-08",
        "close": 7693.220215,
        "volume": 1555,
        "typical_volume": 11865.5,
        "trend": 7136.538965,
        "fair_value": 7429.909267,
        "relative_strength": 11.693366,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.366329,
        "energy": 27.117679,
        "activity_lines": [
          7434.361947,
          7434.065776,
          7426.111114,
          7315.887471
        ]
      },
      {
        "date": "2023-09-15",
        "close": 7259.321289,
        "volume": 34645,
        "typical_volume": 13587.85,
        "trend": 7159.239258,
        "fair_value": 7436.366101,
        "relative_strength": 7.803194,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.055604,
        "energy": 17.2657,
        "activity_lines": [
          7408.627246,
          7397.369158,
          7418.434991,
          7323.808911
        ]
      },
      {
        "date": "2023-09-22",
        "close": 7159.845215,
        "volume": 23736,
        "typical_volume": 13772.7,
        "trend": 7182.901904,
        "fair_value": 7438.637457,
        "relative_strength": 5.709613,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.214355,
        "energy": 9.577195,
        "activity_lines": [
          7344.734994,
          7347.874023,
          7399.41363,
          7323.848005
        ]
      },
      {
        "date": "2023-09-29",
        "close": 7239.06543,
        "volume": 32477,
        "typical_volume": 15146.45,
        "trend": 7208.200488,
        "fair_value": 7442.236845,
        "relative_strength": 8.54027,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.094127,
        "energy": 5.836623,
        "activity_lines": [
          7303.157748,
          7320.512953,
          7386.36685,
          7327.471458
        ]
      },
      {
        "date": "2023-10-06",
        "close": 7717.323242,
        "volume": 30433,
        "typical_volume": 16605.95,
        "trend": 7249.833252,
        "fair_value": 7448.901987,
        "relative_strength": 18.220469,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.194702,
        "energy": 19.990952,
        "activity_lines": [
          7415.618425,
          7386.602006,
          7416.6603,
          7360.318087
        ]
      },
      {
        "date": "2023-10-13",
        "close": 7651.756836,
        "volume": 1943,
        "typical_volume": 16646.5,
        "trend": 7274.450895,
        "fair_value": 7453.647364,
        "relative_strength": 17.528758,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.358947,
        "energy": 27.644148,
        "activity_lines": [
          7494.952344,
          7437.750444,
          7437.785305,
          7386.248641
        ]
      },
      {
        "date": "2023-10-20",
        "close": 7732.269043,
        "volume": 20186,
        "typical_volume": 17016.3,
        "trend": 7301.971029,
        "fair_value": 7460.280214,
        "relative_strength": 21.015347,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 62.324374,
        "energy": 58.226632,
        "activity_lines": [
          7603.887891,
          7503.436834,
          7465.223166,
          7415.785296
        ]
      },
      {
        "date": "2023-10-27",
        "close": 7271.468262,
        "volume": 11173,
        "typical_volume": 17555.1,
        "trend": 7313.435368,
        "fair_value": 7466.732181,
        "relative_strength": 11.885267,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.881018,
        "energy": 32.604988,
        "activity_lines": [
          7527.693327,
          7475.378889,
          7447.184463,
          7413.817376
        ]
      },
      {
        "date": "2023-11-03",
        "close": 7477.723633,
        "volume": 5553,
        "typical_volume": 16461.25,
        "trend": 7333.314811,
        "fair_value": 7471.476957,
        "relative_strength": 9.464501,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 44.939118,
        "energy": 30.941587,
        "activity_lines": [
          7512.809017,
          7481.676483,
          7448.940369,
          7424.416618
        ]
      },
      {
        "date": "2023-11-10",
        "close": 7841.505859,
        "volume": 8503,
        "typical_volume": 16872.6,
        "trend": 7366.56766,
        "fair_value": 7479.245715,
        "relative_strength": 14.408567,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 69.469633,
        "energy": 43.5198,
        "activity_lines": [
          7603.274902,
          7548.309419,
          7485.809429,
          7457.203138
        ]
      },
      {
        "date": "2023-11-17",
        "close": 7868.909668,
        "volume": 51105,
        "typical_volume": 19416.4,
        "trend": 7400.58667,
        "fair_value": 7487.750839,
        "relative_strength": 11.352449,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 68.235656,
        "energy": 42.07801,
        "activity_lines": [
          7694.596549,
          7614.593013,
          7523.181515,
          7489.612299
        ]
      },
      {
        "date": "2023-11-24",
        "close": 7904.271484,
        "volume": 2533,
        "typical_volume": 19521.3,
        "trend": 7435.184294,
        "fair_value": 7495.649618,
        "relative_strength": 10.990692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.989467,
        "energy": 68.204421,
        "activity_lines": [
          7783.228613,
          7684.111674,
          7562.489679,
          7522.108094
        ]
      },
      {
        "date": "2023-12-01",
        "close": 7998.262207,
        "volume": 1600,
        "typical_volume": 19534.0,
        "trend": 7474.122933,
        "fair_value": 7503.701056,
        "relative_strength": 10.001849,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.67935,
        "energy": 78.482664,
        "activity_lines": [
          7891.724088,
          7758.993191,
          7609.063111,
          7558.435701
        ]
      },
      {
        "date": "2023-12-08",
        "close": 8116.236328,
        "volume": 1272,
        "typical_volume": 19489.45,
        "trend": 7518.818897,
        "fair_value": 7512.324184,
        "relative_strength": 10.346509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.369908,
        "energy": 83.836028,
        "activity_lines": [
          7991.091341,
          7840.080602,
          7664.904339,
          7599.862372
        ]
      },
      {
        "date": "2023-12-15",
        "close": 8307.375,
        "volume": 1557,
        "typical_volume": 19390.7,
        "trend": 7558.955469,
        "fair_value": 7520.893633,
        "relative_strength": 7.315503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.326962,
        "energy": 92.315925,
        "activity_lines": [
          8111.603971,
          7939.971937,
          7736.473096,
          7650.736959
        ]
      },
      {
        "date": "2023-12-22",
        "close": 8257.273438,
        "volume": 3589,
        "typical_volume": 19038.95,
        "trend": 7588.62417,
        "fair_value": 7528.9689,
        "relative_strength": 5.995537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.006921,
        "energy": 90.035313,
        "activity_lines": [
          8184.358138,
          8020.025684,
          7799.669696,
          7695.789731
        ]
      },
      {
        "date": "2023-12-29",
        "close": 8215.532227,
        "volume": 847,
        "typical_volume": 19028.15,
        "trend": 7615.868359,
        "fair_value": 7536.712515,
        "relative_strength": 5.08521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.466564,
        "energy": 86.159097,
        "activity_lines": [
          8217.30765,
          8081.480726,
          7855.981176,
          7736.235413
        ]
      },
      {
        "date": "2024-01-05",
        "close": 7783.351074,
        "volume": 10312,
        "typical_volume": 15790.15,
        "trend": 7631.872445,
        "fair_value": 7540.788753,
        "relative_strength": 1.386723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.669413,
        "energy": 57.053983,
        "activity_lines": [
          8085.446061,
          8055.570774,
          7866.222098,
          7747.040749
        ]
      },
      {
        "date": "2024-01-12",
        "close": 8106.344238,
        "volume": 1733,
        "typical_volume": 12701.65,
        "trend": 7649.555876,
        "fair_value": 7548.329073,
        "relative_strength": 6.267677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.375557,
        "energy": 42.680643,
        "activity_lines": [
          8075.57627,
          8079.079892,
          7903.962932,
          7777.651832
        ]
      },
      {
        "date": "2024-01-19",
        "close": 8498.265625,
        "volume": 13441,
        "typical_volume": 12909.65,
        "trend": 7686.195882,
        "fair_value": 7556.251039,
        "relative_strength": 11.151761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.580917,
        "energy": 54.680934,
        "activity_lines": [
          8197.006413,
          8162.417978,
          7974.515332,
          7832.4073
        ]
      },
      {
        "date": "2024-01-26",
        "close": 8636.004883,
        "volume": 17660,
        "typical_volume": 13714.9,
        "trend": 7721.787728,
        "fair_value": 7565.491705,
        "relative_strength": 9.685424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.197003,
        "energy": 63.933462,
        "activity_lines": [
          8351.6236,
          8258.858478,
          8053.661891,
          7893.6853
        ]
      },
      {
        "date": "2024-02-02",
        "close": 8523.258789,
        "volume": 6580,
        "typical_volume": 12311.65,
        "trend": 7754.224235,
        "fair_value": 7572.285876,
        "relative_strength": 5.468011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.856214,
        "energy": 77.356196,
        "activity_lines": [
          8443.409993,
          8320.852504,
          8117.581276,
          7945.393111
        ]
      },
      {
        "date": "2024-02-09",
        "close": 8895.15332,
        "volume": 54588,
        "typical_volume": 13854.25,
        "trend": 7797.895459,
        "fair_value": 7580.739887,
        "relative_strength": 11.386256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.43904,
        "energy": 94.454699,
        "activity_lines": [
          8638.646126,
          8439.209402,
          8210.900437,
          8019.001439
        ]
      },
      {
        "date": "2024-02-16",
        "close": 8734.788086,
        "volume": 44976,
        "typical_volume": 14479.2,
        "trend": 7835.846924,
        "fair_value": 7587.672495,
        "relative_strength": 9.290675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.402648,
        "energy": 87.530864,
        "activity_lines": [
          8706.307031,
          8512.101873,
          8280.683347,
          8079.446124
        ]
      },
      {
        "date": "2024-02-23",
        "close": 8951.65332,
        "volume": 1569,
        "typical_volume": 13036.0,
        "trend": 7882.526921,
        "fair_value": 7596.744998,
        "relative_strength": 12.388254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.312097,
        "energy": 78.962718,
        "activity_lines": [
          8804.360091,
          8613.177992,
          8363.9976,
          8151.433634
        ]
      },
      {
        "date": "2024-03-01",
        "close": 8961.469727,
        "volume": 23838,
        "typical_volume": 14130.75,
        "trend": 7926.368506,
        "fair_value": 7606.578904,
        "relative_strength": 14.135471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.735466,
        "energy": 71.111657,
        "activity_lines": [
          8875.45944,
          8704.32476,
          8442.368987,
          8221.042847
        ]
      },
      {
        "date": "2024-03-08",
        "close": 8766.209961,
        "volume": 1335,
        "typical_volume": 13188.2,
        "trend": 7979.097559,
        "fair_value": 7615.987774,
        "relative_strength": 12.30267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.989985,
        "energy": 58.16721,
        "activity_lines": [
          8859.774544,
          8747.166184,
          8495.907478,
          8275.226167
        ]
      },
      {
        "date": "2024-03-15",
        "close": 8715.551758,
        "volume": 19293,
        "typical_volume": 13594.2,
        "trend": 8033.000309,
        "fair_value": 7625.535078,
        "relative_strength": 8.765462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.152393,
        "energy": 52.533029,
        "activity_lines": [
          8811.006836,
          8770.784704,
          8539.697849,
          8322.739341
        ]
      },
      {
        "date": "2024-03-22",
        "close": 8904.719727,
        "volume": 123,
        "typical_volume": 13322.7,
        "trend": 8091.212793,
        "fair_value": 7635.882521,
        "relative_strength": 9.983951,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.392577,
        "energy": 49.581048,
        "activity_lines": [
          8837.268555,
          8811.848296,
          8594.62763,
          8378.979303
        ]
      },
      {
        "date": "2024-03-29",
        "close": 8691.290039,
        "volume": 5754,
        "typical_volume": 13185.25,
        "trend": 8129.313997,
        "fair_value": 7644.474199,
        "relative_strength": 5.602267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.787769,
        "energy": 34.173252,
        "activity_lines": [
          8781.058268,
          8799.590572,
          8622.435554,
          8417.693964
        ]
      },
      {
        "date": "2024-04-05",
        "close": 8530.410156,
        "volume": 198,
        "typical_volume": 10639.9,
        "trend": 8157.220329,
        "fair_value": 7650.464622,
        "relative_strength": 2.107473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.952106,
        "energy": 25.624847,
        "activity_lines": [
          8688.578906,
          8754.572425,
          8630.874993,
          8443.571136
        ]
      },
      {
        "date": "2024-04-12",
        "close": 8568.404297,
        "volume": 652,
        "typical_volume": 10545.85,
        "trend": 8200.856429,
        "fair_value": 7656.039861,
        "relative_strength": 4.967806,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.29357,
        "energy": 20.064312,
        "activity_lines": [
          8637.501563,
          8718.382209,
          8639.782919,
          8470.099134
        ]
      },
      {
        "date": "2024-04-19",
        "close": 8238.46582,
        "volume": 579,
        "typical_volume": 10494.8,
        "trend": 8236.810449,
        "fair_value": 7659.828836,
        "relative_strength": 1.91,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.868864,
        "energy": 16.305923,
        "activity_lines": [
          8489.631771,
          8621.382351,
          8614.105597,
          8472.525546
        ]
      },
      {
        "date": "2024-04-26",
        "close": 8650.387695,
        "volume": 473,
        "typical_volume": 10454.85,
        "trend": 8283.854525,
        "fair_value": 7666.312804,
        "relative_strength": 3.016381,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.966418,
        "energy": 17.92638,
        "activity_lines": [
          8510.875,
          8611.217152,
          8626.515102,
          8499.207949
        ]
      },
      {
        "date": "2024-05-03",
        "close": 8636.969727,
        "volume": 9584,
        "typical_volume": 10856.2,
        "trend": 8314.509408,
        "fair_value": 7674.130152,
        "relative_strength": 3.745376,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.726565,
        "energy": 13.948462,
        "activity_lines": [
          8544.601042,
          8600.146875,
          8635.103127,
          8521.989575
        ]
      },
      {
        "date": "2024-05-10",
        "close": 8692.379883,
        "volume": 11835,
        "typical_volume": 11268.5,
        "trend": 8349.196842,
        "fair_value": 7683.481774,
        "relative_strength": 2.985699,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.800187,
        "energy": 12.945327,
        "activity_lines": [
          8600.41849,
          8604.872692,
          8647.398812,
          8546.368315
        ]
      },
      {
        "date": "2024-05-17",
        "close": 8818.166016,
        "volume": 1334,
        "typical_volume": 11292.85,
        "trend": 8385.393408,
        "fair_value": 7692.909321,
        "relative_strength": 4.414471,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 47.939071,
        "energy": 29.123822,
        "activity_lines": [
          8687.366667,
          8637.361257,
          8669.602193,
          8576.624391
        ]
      },
      {
        "date": "2024-05-24",
        "close": 9048.314453,
        "volume": 509,
        "typical_volume": 10802.7,
        "trend": 8444.621615,
        "fair_value": 7703.276971,
        "relative_strength": 10.943521,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.056115,
        "energy": 57.960994,
        "activity_lines": [
          8834.380208,
          8710.750337,
          8710.854788,
          8619.393491
        ]
      },
      {
        "date": "2024-05-31",
        "close": 8934.335938,
        "volume": 575,
        "typical_volume": 10744.8,
        "trend": 8493.175358,
        "fair_value": 7713.128465,
        "relative_strength": 9.681626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.450348,
        "energy": 62.341498,
        "activity_lines": [
          8889.411003,
          8757.36582,
          8735.228651,
          8650.987963
        ]
      },
      {
        "date": "2024-06-07",
        "close": 10038.12793,
        "volume": 20599,
        "typical_volume": 11102.7,
        "trend": 8566.396094,
        "fair_value": 7728.774073,
        "relative_strength": 27.432762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.035992,
        "energy": 89.269106,
        "activity_lines": [
          9293.442578,
          9004.13228,
          8860.782743,
          8750.662323
        ]
      },
      {
        "date": "2024-06-14",
        "close": 10672.511719,
        "volume": 11127,
        "typical_volume": 10776.05,
        "trend": 8659.849496,
        "fair_value": 7745.987164,
        "relative_strength": 36.276077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.426752,
        "energy": 98.120185,
        "activity_lines": [
          9815.52487,
          9341.753285,
          9039.421661,
          8886.54075
        ]
      },
      {
        "date": "2024-06-21",
        "close": 10494.042969,
        "volume": 1376,
        "typical_volume": 10515.85,
        "trend": 8746.175212,
        "fair_value": 7763.305279,
        "relative_strength": 31.548057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.607473,
        "energy": 95.162031,
        "activity_lines": [
          10146.108789,
          9607.978125,
          9191.365904,
          9004.875813
        ]
      },
      {
        "date": "2024-06-28",
        "close": 10636.921875,
        "volume": 4186,
        "typical_volume": 7995.75,
        "trend": 8834.130534,
        "fair_value": 7780.225733,
        "relative_strength": 33.183781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.95679,
        "energy": 93.446974,
        "activity_lines": [
          10412.59388,
          9865.169336,
          9347.532975,
          9126.859469
        ]
      },
      {
        "date": "2024-07-05",
        "close": 10778.088867,
        "volume": 1039,
        "typical_volume": 5798.9,
        "trend": 8922.858952,
        "fair_value": 7796.823956,
        "relative_strength": 34.111174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.706222,
        "energy": 92.241839,
        "activity_lines": [
          10620.227474,
          10104.418981,
          9508.850386,
          9252.276135
        ]
      },
      {
        "date": "2024-07-12",
        "close": 10646.111328,
        "volume": 16177,
        "typical_volume": 6529.3,
        "trend": 9000.816829,
        "fair_value": 7813.67509,
        "relative_strength": 25.326783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.221623,
        "energy": 86.261177,
        "activity_lines": [
          10660.951693,
          10280.987234,
          9647.868504,
          9363.453708
        ]
      },
      {
        "date": "2024-07-19",
        "close": 10378.15918,
        "volume": 1961,
        "typical_volume": 5435.45,
        "trend": 9071.513021,
        "fair_value": 7826.886215,
        "relative_strength": 24.271211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.314976,
        "energy": 66.33319,
        "activity_lines": [
          10571.826302,
          10372.307067,
          9753.298521,
          9452.314505
        ]
      },
      {
        "date": "2024-07-26",
        "close": 10366.160156,
        "volume": 1371,
        "typical_volume": 5437.25,
        "trend": 9143.200619,
        "fair_value": 7840.661167,
        "relative_strength": 25.235468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.609784,
        "energy": 62.735004,
        "activity_lines": [
          10498.32474,
          10430.794727,
          9850.839635,
          9535.840126
        ]
      },
      {
        "date": "2024-08-02",
        "close": 10215.807617,
        "volume": 17556,
        "typical_volume": 5350.4,
        "trend": 9224.282503,
        "fair_value": 7852.460546,
        "relative_strength": 23.962277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.931832,
        "energy": 49.310237,
        "activity_lines": [
          10383.231185,
          10433.800213,
          9926.442648,
          9605.040578
        ]
      },
      {
        "date": "2024-08-09",
        "close": 10078.212891,
        "volume": 31482,
        "typical_volume": 6918.35,
        "trend": 9290.011458,
        "fair_value": 7864.005193,
        "relative_strength": 19.624835,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.691009,
        "energy": 35.789793,
        "activity_lines": [
          10250.347005,
          10390.561328,
          9981.797326,
          9660.132861
        ]
      },
      {
        "date": "2024-08-16",
        "close": 10657.060547,
        "volume": 30484,
        "typical_volume": 8154.85,
        "trend": 9361.971289,
        "fair_value": 7878.170952,
        "relative_strength": 23.132872,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.519421,
        "energy": 40.161026,
        "activity_lines": [
          10357.070443,
          10431.769709,
          10086.69229,
          9748.329576
        ]
      },
      {
        "date": "2024-08-23",
        "close": 11013.044922,
        "volume": 19354,
        "typical_volume": 9112.65,
        "trend": 9441.205957,
        "fair_value": 7893.689563,
        "relative_strength": 27.563137,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.863342,
        "energy": 51.176641,
        "activity_lines": [
          10581.725391,
          10526.449201,
          10216.129715,
          9854.850456
        ]
      },
      {
        "date": "2024-08-30",
        "close": 11180.046875,
        "volume": 1593,
        "typical_volume": 9159.7,
        "trend": 9529.76556,
        "fair_value": 7910.483752,
        "relative_strength": 29.839197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.619838,
        "energy": 59.185909,
        "activity_lines": [
          10819.72194,
          10645.301172,
          10349.650019,
          9967.033741
        ]
      },
      {
        "date": "2024-09-06",
        "close": 10633.113281,
        "volume": 9670,
        "typical_volume": 9614.25,
        "trend": 9587.697559,
        "fair_value": 7924.880581,
        "relative_strength": 26.986483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.957148,
        "energy": 56.658705,
        "activity_lines": [
          10821.148177,
          10652.237873,
          10418.645015,
          10038.217465
        ]
      },
      {
        "date": "2024-09-13",
        "close": 10951.057617,
        "volume": 955,
        "typical_volume": 9638.35,
        "trend": 9661.57321,
        "fair_value": 7941.412895,
        "relative_strength": 27.402927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.539267,
        "energy": 70.969581,
        "activity_lines": [
          10900.735482,
          10717.051882,
          10506.517341,
          10126.176178
        ]
      },
      {
        "date": "2024-09-20",
        "close": 11208.011719,
        "volume": 132,
        "typical_volume": 9165.75,
        "trend": 9736.785156,
        "fair_value": 7958.924639,
        "relative_strength": 28.816124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.208436,
        "energy": 77.72646,
        "activity_lines": [
          11007.784505,
          10825.439933,
          10607.905915,
          10225.946405
        ]
      },
      {
        "date": "2024-09-27",
        "close": 11484.079102,
        "volume": 968,
        "typical_volume": 8622.4,
        "trend": 9820.872135,
        "fair_value": 7979.730459,
        "relative_strength": 29.39537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.806741,
        "energy": 78.941803,
        "activity_lines": [
          11170.125912,
          10973.805682,
          10723.343564,
          10338.675046
        ]
      },
      {
        "date": "2024-10-04",
        "close": 11228.123047,
        "volume": 5151,
        "typical_volume": 8813.25,
        "trend": 9902.935905,
        "fair_value": 7996.659145,
        "relative_strength": 26.079295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.088494,
        "energy": 67.98614,
        "activity_lines": [
          11215.746354,
          11055.526332,
          10801.11064,
          10429.465428
        ]
      },
      {
        "date": "2024-10-11",
        "close": 11611.057617,
        "volume": 317,
        "typical_volume": 8803.65,
        "trend": 9999.452767,
        "fair_value": 8016.36289,
        "relative_strength": 29.928527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.855895,
        "energy": 72.507942,
        "activity_lines": [
          11385.806576,
          11191.199396,
          10903.871689,
          10539.666828
        ]
      },
      {
        "date": "2024-10-18",
        "close": 11997.993164,
        "volume": 9947,
        "typical_volume": 9272.25,
        "trend": 10102.561882,
        "fair_value": 8037.912576,
        "relative_strength": 31.677564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.969539,
        "energy": 81.527883,
        "activity_lines": [
          11619.649023,
          11371.856197,
          11031.280204,
          10668.604919
        ]
      },
      {
        "date": "2024-10-25",
        "close": 12088.818359,
        "volume": 8594,
        "typical_volume": 8672.0,
        "trend": 10215.812826,
        "fair_value": 8057.659396,
        "relative_strength": 34.579452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.376761,
        "energy": 82.26987,
        "activity_lines": [
          11813.970833,
          11534.121573,
          11152.749893,
          10796.750498
        ]
      },
      {
        "date": "2024-11-01",
        "close": 11705.042969,
        "volume": 16156,
        "typical_volume": 8923.45,
        "trend": 10321.633919,
        "fair_value": 8074.056675,
        "relative_strength": 32.048325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.471366,
        "energy": 69.161163,
        "activity_lines": [
          11821.64707,
          11600.577646,
          11227.904353,
          10892.829862
        ]
      },
      {
        "date": "2024-11-08",
        "close": 12472.915039,
        "volume": 9900,
        "typical_volume": 9349.65,
        "trend": 10451.784277,
        "fair_value": 8094.92755,
        "relative_strength": 36.083033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.287628,
        "energy": 77.954273,
        "activity_lines": [
          12070.54974,
          11794.065039,
          11371.27267,
          11031.622192
        ]
      },
      {
        "date": "2024-11-15",
        "close": 12249.960938,
        "volume": 29,
        "typical_volume": 9141.8,
        "trend": 10585.500781,
        "fair_value": 8112.305792,
        "relative_strength": 35.913478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.811564,
        "energy": 64.857414,
        "activity_lines": [
          12162.148242,
          11923.508629,
          11483.984063,
          11147.63359
        ]
      },
      {
        "date": "2024-11-22",
        "close": 12707.875977,
        "volume": 429,
        "typical_volume": 9111.3,
        "trend": 10720.750391,
        "fair_value": 8132.247712,
        "relative_strength": 39.561023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.253839,
        "energy": 72.898146,
        "activity_lines": [
          12363.791537,
          12106.812269,
          11632.625274,
          11284.561022
        ]
      },
      {
        "date": "2024-11-29",
        "close": 12635.756836,
        "volume": 11082,
        "typical_volume": 8856.55,
        "trend": 10854.043294,
        "fair_value": 8154.277735,
        "relative_strength": 38.931078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.925562,
        "energy": 83.032622,
        "activity_lines": [
          12494.069597,
          12245.061186,
          11765.208533,
          11408.109825
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13019.913086,
        "volume": 456,
        "typical_volume": 8781.3,
        "trend": 10998.294401,
        "fair_value": 8176.219892,
        "relative_strength": 37.362632,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.769852,
        "energy": 88.18994,
        "activity_lines": [
          12715.937175,
          12427.197692,
          11924.903599,
          11547.843359
        ]
      },
      {
        "date": "2024-12-13",
        "close": 12797.859375,
        "volume": 468,
        "typical_volume": 8736.15,
        "trend": 11130.950846,
        "fair_value": 8199.109028,
        "relative_strength": 32.891926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.163418,
        "energy": 83.535938,
        "activity_lines": [
          12776.128841,
          12541.036541,
          12050.870912,
          11663.944326
        ]
      },
      {
        "date": "2024-12-20",
        "close": 12685.973633,
        "volume": 6394,
        "typical_volume": 8178.05,
        "trend": 11252.206152,
        "fair_value": 8219.896757,
        "relative_strength": 35.570523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.549882,
        "energy": 64.546949,
        "activity_lines": [
          12777.362305,
          12605.991868,
          12154.60292,
          11764.268376
        ]
      },
      {
        "date": "2024-12-27",
        "close": 12839.950195,
        "volume": 301,
        "typical_volume": 6619.0,
        "trend": 11382.393294,
        "fair_value": 8241.966262,
        "relative_strength": 36.407986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.984829,
        "energy": 62.465418,
        "activity_lines": [
          12800.853776,
          12679.399006,
          12261.236668,
          11866.703476
        ]
      },
      {
        "date": "2025-01-03",
        "close": 13052.444336,
        "volume": 843,
        "typical_volume": 5136.95,
        "trend": 11482.870508,
        "fair_value": 8268.602104,
        "relative_strength": 37.831629,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.617007,
        "energy": 62.132293,
        "activity_lines": [
          12886.37168,
          12776.133132,
          12374.956822,
          11974.448704
        ]
      },
      {
        "date": "2025-01-10",
        "close": 12742.963867,
        "volume": 278,
        "typical_volume": 4183.15,
        "trend": 11551.885579,
        "fair_value": 8294.2794,
        "relative_strength": 31.376802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.993947,
        "energy": 53.182548,
        "activity_lines": [
          12840.95026,
          12799.07761,
          12447.796057,
          12055.74505
        ]
      },
      {
        "date": "2025-01-17",
        "close": 13011.821289,
        "volume": 1706,
        "typical_volume": 4188.8,
        "trend": 11635.811523,
        "fair_value": 8324.756125,
        "relative_strength": 31.833248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.637589,
        "energy": 54.658771,
        "activity_lines": [
          12903.611263,
          12852.033967,
          12538.003051,
          12149.934451
        ]
      },
      {
        "date": "2025-01-24",
        "close": 12965.929688,
        "volume": 7667,
        "typical_volume": 4088.65,
        "trend": 11713.445117,
        "fair_value": 8354.297842,
        "relative_strength": 26.507153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.800672,
        "energy": 51.371871,
        "activity_lines": [
          12936.710938,
          12886.8481,
          12615.116681,
          12235.748526
        ]
      },
      {
        "date": "2025-01-31",
        "close": 12793.536133,
        "volume": 5258,
        "typical_volume": 4303.8,
        "trend": 11780.626693,
        "fair_value": 8380.914529,
        "relative_strength": 23.949754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.543626,
        "energy": 44.03511,
        "activity_lines": [
          12893.682357,
          12877.300337,
          12664.703227,
          12305.431817
        ]
      },
      {
        "date": "2025-02-07",
        "close": 12787.966797,
        "volume": 6594,
        "typical_volume": 4626.9,
        "trend": 11852.021875,
        "fair_value": 8409.34749,
        "relative_strength": 19.134996,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.468368,
        "energy": 39.160545,
        "activity_lines": [
          12851.891602,
          12865.182511,
          12704.985654,
          12370.421501
        ]
      },
      {
        "date": "2025-02-14",
        "close": 12976.925781,
        "volume": 18205,
        "typical_volume": 5488.75,
        "trend": 11938.647428,
        "fair_value": 8440.754016,
        "relative_strength": 17.113099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.036405,
        "energy": 42.05447,
        "activity_lines": [
          12890.71901,
          12884.653409,
          12755.740579,
          12442.995947
        ]
      },
      {
        "date": "2025-02-21",
        "close": 12773.467773,
        "volume": 644,
        "typical_volume": 5263.4,
        "trend": 12018.891016,
        "fair_value": 8469.959163,
        "relative_strength": 15.143207,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.083312,
        "energy": 30.313913,
        "activity_lines": [
          12846.129622,
          12867.91353,
          12780.009756,
          12496.855324
        ]
      },
      {
        "date": "2025-02-28",
        "close": 12145.80957,
        "volume": 44001,
        "typical_volume": 7447.6,
        "trend": 12083.224414,
        "fair_value": 8495.761828,
        "relative_strength": 11.70561,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.56963,
        "energy": 11.765446,
        "activity_lines": [
          12608.211067,
          12737.497461,
          12737.143178,
          12505.043618
        ]
      },
      {
        "date": "2025-03-07",
        "close": 11621.143555,
        "volume": 19818,
        "typical_volume": 7941.15,
        "trend": 12134.655436,
        "fair_value": 8519.630938,
        "relative_strength": 5.25279,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -21.7604,
        "energy": 29.847602,
        "activity_lines": [
          12250.078516,
          12521.508736,
          12641.76197,
          12475.231949
        ]
      },
      {
        "date": "2025-03-14",
        "close": 10952.250977,
        "volume": 61666,
        "typical_volume": 10594.75,
        "trend": 12144.495117,
        "fair_value": 8537.001399,
        "relative_strength": -0.624663,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -52.04095,
        "energy": 68.91351,
        "activity_lines": [
          11747.141276,
          12206.063299,
          12484.471229,
          12398.947791
        ]
      },
      {
        "date": "2025-03-21",
        "close": 11333.19043,
        "volume": 450,
        "typical_volume": 9809.45,
        "trend": 12155.166634,
        "fair_value": 8556.723536,
        "relative_strength": 1.924356,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.163554,
        "energy": 73.558725,
        "activity_lines": [
          11493.564909,
          11998.064915,
          12368.872661,
          12346.605553
        ]
      },
      {
        "date": "2025-03-28",
        "close": 11053.321289,
        "volume": 6034,
        "typical_volume": 9616.15,
        "trend": 12150.942448,
        "fair_value": 8574.841449,
        "relative_strength": -2.031551,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.086306,
        "energy": 81.506493,
        "activity_lines": [
          11256.281185,
          11764.813477,
          12228.390616,
          12275.518756
        ]
      },
      {
        "date": "2025-04-04",
        "close": 9841.416016,
        "volume": 9314,
        "typical_volume": 10080.4,
        "trend": 12124.552539,
        "fair_value": 8586.212099,
        "relative_strength": -10.218211,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -68.564888,
        "energy": 88.220835,
        "activity_lines": [
          10729.705469,
          11346.824716,
          11979.248991,
          12126.517051
        ]
      },
      {
        "date": "2025-04-11",
        "close": 10552.397461,
        "volume": 1860,
        "typical_volume": 10151.95,
        "trend": 12111.263867,
        "fair_value": 8603.991245,
        "relative_strength": -4.279987,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.435398,
        "energy": 86.114553,
        "activity_lines": [
          10593.749805,
          11114.914649,
          11809.289146,
          12025.087691
        ]
      },
      {
        "date": "2025-04-18",
        "close": 10008.479492,
        "volume": 30070,
        "typical_volume": 11101.35,
        "trend": 12071.27946,
        "fair_value": 8619.514849,
        "relative_strength": -12.141973,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.422873,
        "energy": 87.926311,
        "activity_lines": [
          10347.737891,
          10824.858381,
          11597.791774,
          11889.424183
        ]
      },
      {
        "date": "2025-04-25",
        "close": 10638.383789,
        "volume": 1157,
        "typical_volume": 11136.4,
        "trend": 12043.089616,
        "fair_value": 8637.484278,
        "relative_strength": -13.002692,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.928794,
        "energy": 64.188766,
        "activity_lines": [
          10374.612174,
          10699.8663,
          11458.796131,
          11796.979301
        ]
      },
      {
        "date": "2025-05-02",
        "close": 11119.930664,
        "volume": 1161,
        "typical_volume": 11171.05,
        "trend": 12039.483203,
        "fair_value": 8661.807448,
        "relative_strength": -7.979707,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.233669,
        "energy": 52.571304,
        "activity_lines": [
          10608.322526,
          10704.947141,
          11377.002711,
          11737.420659
        ]
      },
      {
        "date": "2025-05-09",
        "close": 11118.310547,
        "volume": 203,
        "typical_volume": 10861.5,
        "trend": 12023.058301,
        "fair_value": 8687.992695,
        "relative_strength": -9.565284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.020316,
        "energy": 39.006099,
        "activity_lines": [
          10837.052214,
          10739.797727,
          11303.045131,
          11677.990165
        ]
      },
      {
        "date": "2025-05-16",
        "close": 11898.203125,
        "volume": 1195,
        "typical_volume": 10906.2,
        "trend": 12019.731966,
        "fair_value": 8721.591403,
        "relative_strength": -6.050865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.08411,
        "energy": 23.269224,
        "activity_lines": [
          11240.619792,
          10935.128764,
          11310.828097,
          11669.934992
        ]
      },
      {
        "date": "2025-05-23",
        "close": 11505.251953,
        "volume": 127,
        "typical_volume": 10870.4,
        "trend": 12000.279753,
        "fair_value": 8749.76181,
        "relative_strength": -10.078599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.240319,
        "energy": 26.812224,
        "activity_lines": [
          11423.483268,
          11053.976687,
          11285.671652,
          11636.742734
        ]
      },
      {
        "date": "2025-05-30",
        "close": 11618.235352,
        "volume": 504,
        "typical_volume": 10881.7,
        "trend": 11997.386165,
        "fair_value": 8779.046027,
        "relative_strength": -8.61527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -20.519435,
        "energy": 24.465412,
        "activity_lines": [
          11544.223047,
          11183.312482,
          11278.643113,
          11612.094708
        ]
      },
      {
        "date": "2025-06-06",
        "close": 11998.177734,
        "volume": 694,
        "typical_volume": 10831.1,
        "trend": 11981.561589,
        "fair_value": 8812.448349,
        "relative_strength": -6.124912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 5.006116,
        "energy": 21.880632,
        "activity_lines": [
          11726.286849,
          11376.546076,
          11313.155413,
          11612.145777
        ]
      },
      {
        "date": "2025-06-13",
        "close": 11813.214844,
        "volume": 237,
        "typical_volume": 10459.6,
        "trend": 11967.003385,
        "fair_value": 8846.295554,
        "relative_strength": -6.580462,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.81761,
        "energy": 18.688824,
        "activity_lines": [
          11788.14655,
          11518.970845,
          11334.879074,
          11601.284696
        ]
      },
      {
        "date": "2025-06-20",
        "close": 12098.162109,
        "volume": 87,
        "typical_volume": 10201.05,
        "trend": 11946.67959,
        "fair_value": 8880.494926,
        "relative_strength": -2.469266,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 10.187523,
        "energy": 25.552242,
        "activity_lines": [
          11898.661719,
          11677.35332,
          11389.229688,
          11609.746549
        ]
      },
      {
        "date": "2025-06-27",
        "close": 12298.230469,
        "volume": 797,
        "typical_volume": 9911.2,
        "trend": 11935.428711,
        "fair_value": 8917.482763,
        "relative_strength": -2.899922,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.869104,
        "energy": 48.687091,
        "activity_lines": [
          12062.535742,
          11844.007049,
          11465.945736,
          11632.427251
        ]
      },
      {
        "date": "2025-07-04",
        "close": 12701.362305,
        "volume": 133,
        "typical_volume": 9007.6,
        "trend": 11924.810352,
        "fair_value": 8954.814268,
        "relative_strength": -0.844416,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.059664,
        "energy": 62.727292,
        "activity_lines": [
          12307.92181,
          12042.325639,
          11583.38737,
          11681.842322
        ]
      },
      {
        "date": "2025-07-11",
        "close": 12563.181641,
        "volume": 365,
        "typical_volume": 8993.65,
        "trend": 11916.98776,
        "fair_value": 8990.604286,
        "relative_strength": 0.228992,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.501933,
        "energy": 66.997045,
        "activity_lines": [
          12435.039193,
          12178.011772,
          11688.981148,
          11723.027566
        ]
      },
      {
        "date": "2025-07-18",
        "close": 12828.143555,
        "volume": 28961,
        "typical_volume": 8241.65,
        "trend": 11921.726758,
        "fair_value": 9026.37495,
        "relative_strength": 2.616715,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.497875,
        "energy": 76.916292,
        "activity_lines": [
          12612.810287,
          12335.631872,
          11820.810756,
          11781.811811
        ]
      },
      {
        "date": "2025-07-25",
        "close": 12660.907227,
        "volume": 118,
        "typical_volume": 7256.65,
        "trend": 11915.758659,
        "fair_value": 9059.471288,
        "relative_strength": -0.787059,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.297343,
        "energy": 76.52223,
        "activity_lines": [
          12667.174024,
          12431.757493,
          11933.463886,
          11829.500874
        ]
      },
      {
        "date": "2025-08-01",
        "close": 12777.150391,
        "volume": 1605,
        "typical_volume": 4253.6,
        "trend": 11906.582194,
        "fair_value": 9091.986419,
        "relative_strength": 0.61617,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.434033,
        "energy": 76.321583,
        "activity_lines": [
          12722.769141,
          12535.150888,
          12052.236538,
          11885.074534
        ]
      },
      {
        "date": "2025-08-08",
        "close": 12973.12207,
        "volume": 10825,
        "typical_volume": 4772.35,
        "trend": 11914.254134,
        "fair_value": 9125.955735,
        "relative_strength": -0.186657,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.070736,
        "energy": 87.008536,
        "activity_lines": [
          12811.760156,
          12651.050071,
          12180.983161,
          11953.883558
        ]
      },
      {
        "date": "2025-08-15",
        "close": 13126.100586,
        "volume": 611,
        "typical_volume": 4501.2,
        "trend": 11918.063444,
        "fair_value": 9160.688502,
        "relative_strength": 0.315375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.788298,
        "energy": 89.75035,
        "activity_lines": [
          12933.626693,
          12770.129226,
          12316.489969,
          12032.0672
        ]
      },
      {
        "date": "2025-08-22",
        "close": 12932.12793,
        "volume": 479,
        "typical_volume": 4059.45,
        "trend": 11916.936719,
        "fair_value": 9196.875795,
        "relative_strength": -2.781168,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.723671,
        "energy": 79.515489,
        "activity_lines": [
          12953.307748,
          12833.432937,
          12423.652814,
          12097.490715
        ]
      },
      {
        "date": "2025-08-29",
        "close": 12978.121094,
        "volume": 175,
        "typical_volume": 3975.2,
        "trend": 11923.089551,
        "fair_value": 9236.299323,
        "relative_strength": -1.659132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.060234,
        "energy": 73.364357,
        "activity_lines": [
          12981.387565,
          12884.755167,
          12520.478283,
          12165.954223
        ]
      },
      {
        "date": "2025-09-05",
        "close": 12998.119141,
        "volume": 75,
        "typical_volume": 2475.45,
        "trend": 11930.094629,
        "fair_value": 9274.355572,
        "relative_strength": -4.446846,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.213389,
        "energy": 70.549268,
        "activity_lines": [
          12994.985808,
          12923.714152,
          12607.657264,
          12235.310971
        ]
      },
      {
        "date": "2025-09-12",
        "close": 13308.573242,
        "volume": 183,
        "typical_volume": 2426.75,
        "trend": 11941.149544,
        "fair_value": 9316.489968,
        "relative_strength": -4.292501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.442722,
        "energy": 67.441195,
        "activity_lines": [
          13097.3375,
          13006.394088,
          12710.166923,
          12324.245075
        ]
      },
      {
        "date": "2025-09-19",
        "close": 13286.186523,
        "volume": 165,
        "typical_volume": 2376.95,
        "trend": 11958.240169,
        "fair_value": 9360.323527,
        "relative_strength": -3.538145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.914635,
        "energy": 66.339612,
        "activity_lines": [
          13169.863542,
          13073.963512,
          12797.829325,
          12411.021655
        ]
      },
      {
        "date": "2025-09-26",
        "close": 13574.141602,
        "volume": 372,
        "typical_volume": 2385.4,
        "trend": 12005.851237,
        "fair_value": 9407.078973,
        "relative_strength": -3.200364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.906784,
        "energy": 70.209497,
        "activity_lines": [
          13327.702214,
          13180.742862,
          12902.600516,
          12515.27336
        ]
      },
      {
        "date": "2025-10-03",
        "close": 13998.083984,
        "volume": 2689,
        "typical_volume": 2460.1,
        "trend": 12085.082585,
        "fair_value": 9456.436646,
        "relative_strength": 0.236153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.921228,
        "energy": 92.625719,
        "activity_lines": [
          13584.054101,
          13351.039045,
          13036.052739,
          12643.804505
        ]
      },
      {
        "date": "2025-10-10",
        "close": 13783.143555,
        "volume": 613,
        "typical_volume": 2484.4,
        "trend": 12179.445671,
        "fair_value": 9505.891035,
        "relative_strength": 0.952245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.655606,
        "energy": 87.165652,
        "activity_lines": [
          13700.761654,
          13457.942845,
          13139.035012,
          12753.356826
        ]
      },
      {
        "date": "2025-10-17",
        "close": 13768.115234,
        "volume": 471,
        "typical_volume": 2482.75,
        "trend": 12260.609831,
        "fair_value": 9553.73034,
        "relative_strength": -1.049234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.994871,
        "energy": 83.638051,
        "activity_lines": [
          13760.124805,
          13543.823437,
          13229.738914,
          12855.851636
        ]
      },
      {
        "date": "2025-10-24",
        "close": 13756.117188,
        "volume": 488,
        "typical_volume": 2472.45,
        "trend": 12350.703027,
        "fair_value": 9600.928141,
        "relative_strength": -0.095644,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.589986,
        "energy": 71.740911,
        "activity_lines": [
          13784.852474,
          13613.068146,
          13309.062621,
          12952.335982
        ]
      },
      {
        "date": "2025-10-31",
        "close": 14657.994141,
        "volume": 406,
        "typical_volume": 2480.9,
        "trend": 12511.255632,
        "fair_value": 9656.315977,
        "relative_strength": 3.680191,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.256705,
        "energy": 75.547445,
        "activity_lines": [
          14078.877084,
          13834.835636,
          13465.908231,
          13101.193473
        ]
      },
      {
        "date": "2025-11-07",
        "close": 13998.083984,
        "volume": 827,
        "typical_volume": 2517.9,
        "trend": 12626.111849,
        "fair_value": 9703.167925,
        "relative_strength": -1.770497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.008858,
        "energy": 63.220532,
        "activity_lines": [
          14080.674805,
          13905.240075,
          13546.358687,
          13197.117883
        ]
      },
      {
        "date": "2025-11-14",
        "close": 13904.136719,
        "volume": 2707,
        "typical_volume": 2613.4,
        "trend": 12755.96709,
        "fair_value": 9750.077731,
        "relative_strength": -0.623036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.420492,
        "energy": 57.274128,
        "activity_lines": [
          14051.156771,
          13940.018413,
          13608.814537,
          13279.5711
        ]
      },
      {
        "date": "2025-11-21",
        "close": 13187.205078,
        "volume": 70910,
        "typical_volume": 6152.25,
        "trend": 12840.9278,
        "fair_value": 9791.962443,
        "relative_strength": -4.742419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.794372,
        "energy": 36.487937,
        "activity_lines": [
          13774.595313,
          13827.972496,
          13595.34401,
          13307.392906
        ]
      },
      {
        "date": "2025-11-28",
        "close": 13733.120117,
        "volume": 1279,
        "typical_volume": 6197.95,
        "trend": 12928.034115,
        "fair_value": 9837.570723,
        "relative_strength": -3.167179,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.114704,
        "energy": 21.804314,
        "activity_lines": [
          13718.732878,
          13817.390554,
          13631.551855,
          13364.953701
        ]
      },
      {
        "date": "2025-12-05",
        "close": 13948.100586,
        "volume": 148,
        "typical_volume": 4757.3,
        "trend": 13022.360449,
        "fair_value": 9884.243249,
        "relative_strength": -1.026547,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.130724,
        "energy": 22.455611,
        "activity_lines": [
          13736.063737,
          13837.769904,
          13682.662895,
          13430.764441
        ]
      },
      {
        "date": "2025-12-12",
        "close": 13978.286133,
        "volume": 940,
        "typical_volume": 4798.4,
        "trend": 13091.69655,
        "fair_value": 9932.141943,
        "relative_strength": -2.587793,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.131202,
        "energy": 21.718258,
        "activity_lines": [
          13810.782682,
          13856.838281,
          13731.31562,
          13492.437065
        ]
      },
      {
        "date": "2025-12-19",
        "close": 13559.240234,
        "volume": 3236,
        "typical_volume": 4879.95,
        "trend": 13160.162826,
        "fair_value": 9979.492413,
        "relative_strength": -4.042372,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.227189,
        "energy": 21.303589,
        "activity_lines": [
          13747.139518,
          13800.076456,
          13733.785979,
          13522.601174
        ]
      },
      {
        "date": "2025-12-26",
        "close": 13661.227539,
        "volume": 64,
        "typical_volume": 4341.9,
        "trend": 13228.262565,
        "fair_value": 10027.619566,
        "relative_strength": -5.348091,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.172972,
        "energy": 20.017797,
        "activity_lines": [
          13740.485221,
          13765.928746,
          13742.245178,
          13554.92793
        ]
      },
      {
        "date": "2026-01-02",
        "close": 13635.010742,
        "volume": 582,
        "typical_volume": 4340.45,
        "trend": 13282.823665,
        "fair_value": 10075.693829,
        "relative_strength": -2.868858,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.061494,
        "energy": 12.265432,
        "activity_lines": [
          13693.490495,
          13728.957759,
          13744.930845,
          13581.169748
        ]
      },
      {
        "date": "2026-01-09",
        "close": 13726.21875,
        "volume": 456,
        "typical_volume": 4339.3,
        "trend": 13346.590462,
        "fair_value": 10123.686261,
        "relative_strength": -4.650984,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.20617,
        "energy": 12.122249,
        "activity_lines": [
          13683.439062,
          13710.771981,
          13753.879608,
          13609.775882
        ]
      },
      {
        "date": "2026-01-16",
        "close": 13428.257813,
        "volume": 832,
        "typical_volume": 4372.15,
        "trend": 13390.926986,
        "fair_value": 10169.30727,
        "relative_strength": -7.726093,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.097691,
        "energy": 8.344805,
        "activity_lines": [
          13588.85944,
          13655.352859,
          13730.669754,
          13615.044743
        ]
      },
      {
        "date": "2026-01-23",
        "close": 13140.144531,
        "volume": 11202,
        "typical_volume": 4928.5,
        "trend": 13418.990788,
        "fair_value": 10211.200918,
        "relative_strength": -10.62747,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -7.832829,
        "energy": 18.942998,
        "activity_lines": [
          13434.910612,
          13557.909979,
          13677.877032,
          13598.86523
        ]
      },
      {
        "date": "2026-01-30",
        "close": 13067.303711,
        "volume": 1376,
        "typical_volume": 4988.15,
        "trend": 13431.188835,
        "fair_value": 10249.849115,
        "relative_strength": -9.884716,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.180342,
        "energy": 46.644119,
        "activity_lines": [
          13284.621224,
          13461.11408,
          13617.470778,
          13576.175741
        ]
      },
      {
        "date": "2026-02-06",
        "close": 12727.818359,
        "volume": 3535,
        "typical_volume": 5156.65,
        "trend": 13436.676725,
        "fair_value": 10288.179565,
        "relative_strength": -15.734556,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.544242,
        "energy": 67.066057,
        "activity_lines": [
          13060.764974,
          13304.773597,
          13525.881487,
          13530.797001
        ]
      },
      {
        "date": "2026-02-13",
        "close": 12640.839844,
        "volume": 5237,
        "typical_volume": 5399.9,
        "trend": 13430.433268,
        "fair_value": 10327.04192,
        "relative_strength": -16.619497,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.125282,
        "energy": 73.804077,
        "activity_lines": [
          12868.395378,
          13150.897053,
          13428.667425,
          13479.452686
        ]
      },
      {
        "date": "2026-02-20",
        "close": 12654.1875,
        "volume": 290,
        "typical_volume": 5279.95,
        "trend": 13430.209277,
        "fair_value": 10366.812572,
        "relative_strength": -16.020969,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -74.933517,
        "energy": 85.922092,
        "activity_lines": [
          12752.833594,
          13023.215732,
          13337.168862,
          13429.372314
        ]
      },
      {
        "date": "2026-02-27",
        "close": 12503.376953,
        "volume": 1146,
        "typical_volume": 5306.6,
        "trend": 13421.083496,
        "fair_value": 10405.423271,
        "relative_strength": -16.55228,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.249252,
        "energy": 89.889771,
        "activity_lines": [
          12638.606315,
          12892.188832,
          13237.706896,
          13369.57668
        ]
      },
      {
        "date": "2026-03-06",
        "close": 12917.323242,
        "volume": 3950,
        "typical_volume": 5480.55,
        "trend": 13419.223535,
        "fair_value": 10446.762905,
        "relative_strength": -8.312932,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.80312,
        "energy": 77.343867,
        "activity_lines": [
          12704.812305,
          12855.622408,
          13183.762514,
          13337.076019
        ]
      },
      {
        "date": "2026-03-13",
        "close": 12899.326172,
        "volume": 12944,
        "typical_volume": 6103.35,
        "trend": 13411.664388,
        "fair_value": 10485.135332,
        "relative_strength": -6.013852,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.899845,
        "energy": 51.278033,
        "activity_lines": [
          12775.017969,
          12829.309322,
          13132.155515,
          13303.534253
        ]
      },
      {
        "date": "2026-03-20",
        "close": 12614.193359,
        "volume": 11116,
        "typical_volume": 6638.85,
        "trend": 13401.066569,
        "fair_value": 10521.722052,
        "relative_strength": -5.761506,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.20327,
        "energy": 54.90168,
        "activity_lines": [
          12738.745508,
          12764.529989,
          13057.472968,
          13252.084509
        ]
      },
      {
        "date": "2026-03-27",
        "close": 12357.629883,
        "volume": 24418,
        "typical_volume": 7818.4,
        "trend": 13380.383529,
        "fair_value": 10556.530333,
        "relative_strength": -11.02475,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.879857,
        "energy": 56.187836,
        "activity_lines": [
          12618.72832,
          12673.321396,
          12968.088188,
          13184.766013
        ]
      },
      {
        "date": "2026-04-03",
        "close": 12624.05957,
        "volume": 239,
        "typical_volume": 7695.0,
        "trend": 13367.914876,
        "fair_value": 10593.342636,
        "relative_strength": -12.958125,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.166552,
        "energy": 47.565763,
        "activity_lines": [
          12607.291536,
          12650.020525,
          12911.889351,
          13135.970919
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1612.675049,
        "volume": 74640,
        "typical_volume": 7881.5,
        "trend": 12978.051603,
        "fair_value": 10559.809012,
        "relative_strength": -88.742539,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.50944,
        "energy": 97.674848,
        "activity_lines": [
          8917.347738,
          10634.033105,
          11813.082831,
          12377.56835
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1737.026245,
        "volume": 3888,
        "typical_volume": 8011.95,
        "trend": 12593.079594,
        "fair_value": 10527.044184,
        "relative_strength": -87.649932,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -97.167785,
        "energy": 98.984187,
        "activity_lines": [
          6022.49755,
          8848.920969,
          10781.236092,
          11652.340907
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1810.82959,
        "volume": 67759,
        "typical_volume": 11392.5,
        "trend": 12200.969194,
        "fair_value": 10494.637048,
        "relative_strength": -86.811245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.818367,
        "energy": 98.535075,
        "activity_lines": [
          3896.401807,
          7277.060207,
          9813.5425,
          10956.711875
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1800.342163,
        "volume": 25327,
        "typical_volume": 12611.85,
        "trend": 11794.377799,
        "fair_value": 10462.394991,
        "relative_strength": -86.394574,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.533064,
        "energy": 93.886455,
        "activity_lines": [
          2487.034505,
          5900.201918,
          8902.646633,
          10285.703679
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1928.688232,
        "volume": 148995,
        "typical_volume": 19899.8,
        "trend": 11399.229289,
        "fair_value": 10431.326599,
        "relative_strength": -85.601453,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.332936,
        "energy": 88.565775,
        "activity_lines": [
          1824.268408,
          4744.021919,
          8061.964411,
          9649.207578
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1965.154541,
        "volume": 276822,
        "typical_volume": 33737.7,
        "trend": 11005.797266,
        "fair_value": 10398.389911,
        "relative_strength": -84.652343,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.330084,
        "energy": 88.551632,
        "activity_lines": [
          1886.682503,
          3786.739227,
          7280.138752,
          9040.557595
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1999.713135,
        "volume": 15364,
        "typical_volume": 34476.8,
        "trend": 10613.91713,
        "fair_value": 10363.982865,
        "relative_strength": -84.193386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.978982,
        "energy": 70.550203,
        "activity_lines": [
          1937.117497,
          3034.870255,
          6557.299973,
          8459.519909
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2096.487061,
        "volume": 178742,
        "typical_volume": 43391.1,
        "trend": 10195.200228,
        "fair_value": 10329.997484,
        "relative_strength": -83.192569,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.57375,
        "energy": 67.407632,
        "activity_lines": [
          2002.298006,
          2498.771325,
          5899.083938,
          7910.008291
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2024.063965,
        "volume": 1833,
        "typical_volume": 43441.15,
        "trend": 9796.066227,
        "fair_value": 10296.156685,
        "relative_strength": -82.853819,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.425619,
        "energy": 67.035879,
        "activity_lines": [
          2024.293653,
          2140.735582,
          5289.35014,
          7382.83821
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2012.577759,
        "volume": 4684,
        "typical_volume": 43115.25,
        "trend": 9399.680929,
        "fair_value": 10260.494739,
        "relative_strength": -83.085157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.886012,
        "energy": 62.930591,
        "activity_lines": [
          2027.545777,
          1968.494456,
          4732.828102,
          6880.677664
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2092.861572,
        "volume": 18,
        "typical_volume": 43047.35,
        "trend": 9029.869478,
        "fair_value": 10226.480612,
        "relative_strength": -81.981308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.505379,
        "energy": 62.010148,
        "activity_lines": [
          2051.966537,
          2003.786419,
          4236.940555,
          6409.269963
        ]
      },
      {
        "date": "2026-06-26",
        "close": 2003.400024,
        "volume": 948,
        "typical_volume": 42918.0,
        "trend": 8638.878809,
        "fair_value": 10190.8085,
        "relative_strength": -82.261704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.715221,
        "energy": 61.6133,
        "activity_lines": [
          2038.052978,
          2014.081982,
          3784.792108,
          5955.949353
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2040.0,
        "volume": 61,
        "typical_volume": 42659.2,
        "trend": 8241.942122,
        "fair_value": 10155.486939,
        "relative_strength": -81.493426,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.965024,
        "energy": 60.398308,
        "activity_lines": [
          2036.09362,
          2026.188927,
          3387.198033,
          5530.215236
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2066.949951,
        "volume": 86844,
        "typical_volume": 46986.9,
        "trend": 7844.897583,
        "fair_value": 10120.114716,
        "relative_strength": -80.657789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.666667,
        "energy": 84.483333,
        "activity_lines": [
          2046.883382,
          2039.029128,
          3042.650809,
          5131.828645
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2004.890015,
        "volume": 7026,
        "typical_volume": 47280.9,
        "trend": 7459.752576,
        "fair_value": 10084.272703,
        "relative_strength": -80.823351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.607003,
        "energy": 90.412451,
        "activity_lines": [
          2034.127433,
          2035.73829,
          2742.608532,
          4755.053963
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1977.0,
        "volume": 205241,
        "typical_volume": 57345.45,
        "trend": 7070.278324,
        "fair_value": 10048.540309,
        "relative_strength": -80.563399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.73602,
        "energy": 91.507607,
        "activity_lines": [
          2012.587329,
          2025.991053,
          2489.902858,
          4401.32799
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1966.0,
        "volume": 109562,
        "typical_volume": 62176.35,
        "trend": 6681.3113,
        "fair_value": 10012.128629,
        "relative_strength": -80.350076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.085398,
        "energy": 91.279888,
        "activity_lines": [
          1995.104663,
          2014.028445,
          2288.246343,
          4072.019711
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2080.0,
        "volume": 166033,
        "typical_volume": 69922.2,
        "trend": 6293.104008,
        "fair_value": 9979.408511,
        "relative_strength": -78.683697,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.999996,
        "energy": 68.09999,
        "activity_lines": [
          2018.115332,
          2023.406075,
          2149.510428,
          3775.160918
        ]
      }
    ],
    "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."
    }
  }
}