{
  "ticker": {
    "uuid": "6bdba28d-05a9-4f83-9dfa-e1ce9f258dc1",
    "symbol": "6151",
    "name": "Nitto Kohki Co., Ltd.",
    "exchange": "JPX",
    "country": "JP",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-21",
    "benchmark": "^N225",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 87.732,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Structural repair",
    "architecture_gate": "mixed",
    "architecture_direction": 33.778,
    "architecture_energy": 45.692,
    "architecture_maturity": 4.697,
    "architecture_confidence": 48.567,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 30.67,
        "rotation_up": 60.09,
        "upward_expansion": 56.39,
        "deceleration": 26.23,
        "rotation_down": 21.9,
        "downward_expansion": 19.39
      },
      "activity_lines": [
        1748.666667,
        1730.418182,
        1699.814286,
        1693.648253
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 1763.0,
    "trend_reference": 1705.5019,
    "distance_from_trend": 0.033713,
    "trend_direction": "Weakening",
    "fair_value": 1928.392991,
    "distance_from_fair_value": -0.085767,
    "fair_value_direction": "Improving",
    "relative_strength": -14.614159,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.036573,
    "excess_performance": -0.198307,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.033713,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.004714,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.085767,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.070759,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.146142,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.139134,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.036573,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.56703,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 96000,
      "relative_activity": 1.451576,
      "balance": 3.56703,
      "dry_up": 1.386558,
      "accumulation_observations": 4,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.039836,
      "annualized_volatility": 0.21655,
      "from_high_reference": -0.080275,
      "from_low_reference": 0.147438
    },
    "levels": {
      "trend_reference": 1705.5019,
      "fair_value_reference": 1928.392991,
      "structural_low": 1563.0,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 8,
        "median_return": 0.008272,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.006011,
        "regime_survival": 0.375,
        "best_return": 0.108761,
        "worst_return": -0.0104,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.039926,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.005282,
        "regime_survival": 0.0,
        "best_return": 0.236513,
        "worst_return": -0.113432,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.04397,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.011628,
        "regime_survival": 0.2,
        "best_return": 0.187661,
        "worst_return": -0.216746,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.194928,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.102717,
        "regime_survival": 0.0,
        "best_return": 0.211668,
        "worst_return": -0.160392,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-19",
        "end": "2024-08-30",
        "tenure": "Developing",
        "return": 0.126935,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2024-12-20",
        "tenure": "Established",
        "return": 0.00992,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-27",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": -0.115414,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-31",
        "end": "2025-02-21",
        "tenure": "New",
        "return": -0.107646,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-28",
        "end": "2025-06-27",
        "tenure": "Established",
        "return": -0.091879,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-04",
        "end": "2025-07-18",
        "tenure": "New",
        "return": 0.00719,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-25",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": -0.114043,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": 0.138528,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "violet",
        "start": "2026-01-09",
        "end": "2026-02-20",
        "tenure": "Developing",
        "return": 0.010365,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-27",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.107921,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": -0.02,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-08",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": 0.04661,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-03",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": 0.038462,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "violet",
        "start": "2026-08-21",
        "end": "2026-08-21",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-09-01",
        "close": 1869.496582,
        "volume": 56400,
        "typical_volume": 95845.0,
        "trend": 1787.239107,
        "fair_value": 1606.214125,
        "relative_strength": 1.423275,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 43.909098,
        "energy": 28.161374,
        "activity_lines": [
          1845.497371,
          1826.345819,
          1834.437656,
          1823.520683
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1865.736938,
        "volume": 85500,
        "typical_volume": 96555.0,
        "trend": 1797.968221,
        "fair_value": 1606.460099,
        "relative_strength": 1.366715,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 42.874622,
        "energy": 32.399556,
        "activity_lines": [
          1854.771232,
          1835.078513,
          1836.151889,
          1828.585059
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1902.393921,
        "volume": 64000,
        "typical_volume": 91700.0,
        "trend": 1809.734233,
        "fair_value": 1606.89598,
        "relative_strength": 0.371079,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.925918,
        "energy": 51.769556,
        "activity_lines": [
          1872.504411,
          1850.32231,
          1840.941014,
          1835.322201
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1858.217529,
        "volume": 62900,
        "typical_volume": 91495.0,
        "trend": 1817.345133,
        "fair_value": 1607.296593,
        "relative_strength": 1.33343,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.328311,
        "energy": 44.772673,
        "activity_lines": [
          1872.379053,
          1855.808001,
          1841.455725,
          1838.450156
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1872.116943,
        "volume": 97400,
        "typical_volume": 88715.0,
        "trend": 1823.168457,
        "fair_value": 1607.925539,
        "relative_strength": 3.730713,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 52.164848,
        "energy": 38.940681,
        "activity_lines": [
          1873.44047,
          1861.872665,
          1843.459795,
          1841.983821
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1853.052612,
        "volume": 84700,
        "typical_volume": 85650.0,
        "trend": 1827.092102,
        "fair_value": 1608.097983,
        "relative_strength": 5.402961,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 39.39864,
        "energy": 23.39997,
        "activity_lines": [
          1866.59388,
          1862.526518,
          1843.832671,
          1843.911831
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1884.508789,
        "volume": 54800,
        "typical_volume": 80775.0,
        "trend": 1833.297652,
        "fair_value": 1608.783702,
        "relative_strength": 2.643212,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.369289,
        "energy": 25.54656,
        "activity_lines": [
          1871.328947,
          1868.053666,
          1847.973427,
          1847.616133
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1835.894775,
        "volume": 41900,
        "typical_volume": 74890.0,
        "trend": 1838.74609,
        "fair_value": 1609.43543,
        "relative_strength": 3.16241,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.07098,
        "energy": 9.772937,
        "activity_lines": [
          1858.607885,
          1863.375231,
          1847.779807,
          1847.783689
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1837.801147,
        "volume": 64200,
        "typical_volume": 72720.0,
        "trend": 1843.29775,
        "fair_value": 1611.396908,
        "relative_strength": 3.928291,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.391483,
        "energy": 11.230903,
        "activity_lines": [
          1850.955558,
          1859.398009,
          1847.887471,
          1847.722725
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1821.596436,
        "volume": 66200,
        "typical_volume": 71940.0,
        "trend": 1847.591227,
        "fair_value": 1613.401828,
        "relative_strength": -0.254097,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.15379,
        "energy": 9.404358,
        "activity_lines": [
          1839.262752,
          1851.905766,
          1846.387923,
          1846.322641
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1752.964844,
        "volume": 126800,
        "typical_volume": 75445.0,
        "trend": 1847.967794,
        "fair_value": 1615.170782,
        "relative_strength": -5.952915,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -66.672803,
        "energy": 42.550745,
        "activity_lines": [
          1808.060783,
          1832.429998,
          1838.454806,
          1840.217713
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1746.29248,
        "volume": 68400,
        "typical_volume": 75085.0,
        "trend": 1846.900057,
        "fair_value": 1616.579662,
        "relative_strength": -9.17776,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -68.190552,
        "energy": 61.918962,
        "activity_lines": [
          1781.30721,
          1813.859832,
          1830.190494,
          1833.658015
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1714.836304,
        "volume": 58900,
        "typical_volume": 73980.0,
        "trend": 1841.118103,
        "fair_value": 1617.883223,
        "relative_strength": -10.917095,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.126329,
        "energy": 73.783491,
        "activity_lines": [
          1753.282666,
          1791.742079,
          1819.458857,
          1825.137773
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1762.49707,
        "volume": 95300,
        "typical_volume": 74960.0,
        "trend": 1836.768188,
        "fair_value": 1619.577293,
        "relative_strength": -7.995404,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.590575,
        "energy": 67.154029,
        "activity_lines": [
          1749.215609,
          1781.700058,
          1813.707415,
          1820.065448
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1725.321655,
        "volume": 89600,
        "typical_volume": 77270.0,
        "trend": 1830.583809,
        "fair_value": 1620.789419,
        "relative_strength": -6.897639,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.647767,
        "energy": 66.121837,
        "activity_lines": [
          1737.777018,
          1766.639242,
          1804.361029,
          1812.875349
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1730.087769,
        "volume": 49200,
        "typical_volume": 76150.0,
        "trend": 1821.080607,
        "fair_value": 1621.81112,
        "relative_strength": -8.546324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.198468,
        "energy": 55.662205,
        "activity_lines": [
          1734.345451,
          1755.113998,
          1795.658291,
          1806.391734
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1766.309814,
        "volume": 62200,
        "typical_volume": 69190.0,
        "trend": 1815.07194,
        "fair_value": 1623.104677,
        "relative_strength": -7.215924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.295867,
        "energy": 37.363277,
        "activity_lines": [
          1744.513037,
          1752.410305,
          1790.769245,
          1802.858134
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1779.654907,
        "volume": 83600,
        "typical_volume": 70540.0,
        "trend": 1812.359192,
        "fair_value": 1624.602766,
        "relative_strength": -7.346188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.850569,
        "energy": 27.795617,
        "activity_lines": [
          1757.794499,
          1754.282064,
          1787.356074,
          1800.573164
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1792.046753,
        "volume": 16200,
        "typical_volume": 68630.0,
        "trend": 1811.281396,
        "fair_value": 1625.794997,
        "relative_strength": -6.485971,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.095226,
        "energy": 19.299884,
        "activity_lines": [
          1770.885335,
          1759.42943,
          1785.483759,
          1799.262684
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1840.660767,
        "volume": 49500,
        "typical_volume": 68885.0,
        "trend": 1811.197461,
        "fair_value": 1627.429176,
        "relative_strength": -9.86528,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.234716,
        "energy": 16.196366,
        "activity_lines": [
          1798.210864,
          1774.247605,
          1788.310281,
          1801.158128
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1810.157837,
        "volume": 45300,
        "typical_volume": 68330.0,
        "trend": 1810.974015,
        "fair_value": 1629.270113,
        "relative_strength": -12.244049,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.755544,
        "energy": 20.201899,
        "activity_lines": [
          1807.679476,
          1783.173169,
          1788.270608,
          1801.091055
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1814.92395,
        "volume": 40100,
        "typical_volume": 66060.0,
        "trend": 1809.562223,
        "fair_value": 1631.271924,
        "relative_strength": -11.456411,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.986213,
        "energy": 18.541631,
        "activity_lines": [
          1813.398787,
          1791.925426,
          1788.967416,
          1801.34589
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1854.958862,
        "volume": 57300,
        "typical_volume": 65725.0,
        "trend": 1811.145451,
        "fair_value": 1632.748449,
        "relative_strength": -10.391056,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.156956,
        "energy": 28.112804,
        "activity_lines": [
          1829.222127,
          1806.708913,
          1793.71904,
          1804.274705
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1835.894775,
        "volume": 302600,
        "typical_volume": 77710.0,
        "trend": 1813.973047,
        "fair_value": 1633.938453,
        "relative_strength": -12.912656,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.086685,
        "energy": 30.649104,
        "activity_lines": [
          1833.670508,
          1815.47852,
          1796.880917,
          1805.871436
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1836.8479,
        "volume": 144300,
        "typical_volume": 80055.0,
        "trend": 1816.362455,
        "fair_value": 1634.885261,
        "relative_strength": -16.224484,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 20.359017,
        "energy": 30.653138,
        "activity_lines": [
          1835.513395,
          1823.086918,
          1800.239867,
          1807.347233
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1843.520386,
        "volume": 117600,
        "typical_volume": 81700.0,
        "trend": 1817.595732,
        "fair_value": 1636.826739,
        "relative_strength": -16.892251,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 22.247193,
        "energy": 32.002736,
        "activity_lines": [
          1839.834635,
          1829.880746,
          1804.40224,
          1809.099357
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1876.883057,
        "volume": 180100,
        "typical_volume": 87965.0,
        "trend": 1819.847107,
        "fair_value": 1638.25116,
        "relative_strength": -16.721773,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.098155,
        "energy": 34.018021,
        "activity_lines": [
          1853.052596,
          1840.678103,
          1811.787402,
          1812.924346
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1881.64917,
        "volume": 187700,
        "typical_volume": 95255.0,
        "trend": 1820.722152,
        "fair_value": 1639.377499,
        "relative_strength": -15.634151,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.158672,
        "energy": 41.950388,
        "activity_lines": [
          1863.728654,
          1850.331603,
          1819.662792,
          1816.911576
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1901.666626,
        "volume": 151100,
        "typical_volume": 99600.0,
        "trend": 1823.893636,
        "fair_value": 1640.280859,
        "relative_strength": -12.184279,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.625977,
        "energy": 52.348078,
        "activity_lines": [
          1879.297844,
          1861.770199,
          1829.226728,
          1822.1338
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1828.268921,
        "volume": 279300,
        "typical_volume": 110255.0,
        "trend": 1823.208651,
        "fair_value": 1640.521075,
        "relative_strength": -19.624624,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.148384,
        "energy": 29.82775,
        "activity_lines": [
          1866.016341,
          1857.87067,
          1831.496286,
          1822.416076
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1862.482178,
        "volume": 242800,
        "typical_volume": 116055.0,
        "trend": 1822.974837,
        "fair_value": 1641.395638,
        "relative_strength": -16.649136,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 52.690894,
        "energy": 31.368358,
        "activity_lines": [
          1864.71119,
          1860.417039,
          1836.992475,
          1824.949852
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1967.180786,
        "volume": 222900,
        "typical_volume": 123780.0,
        "trend": 1826.356299,
        "fair_value": 1642.998495,
        "relative_strength": -8.502065,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.270719,
        "energy": 48.519527,
        "activity_lines": [
          1897.041455,
          1881.048167,
          1851.938449,
          1834.253462
        ]
      },
      {
        "date": "2024-04-12",
        "close": 2130.472168,
        "volume": 249200,
        "typical_volume": 133295.0,
        "trend": 1833.958907,
        "fair_value": 1645.133735,
        "relative_strength": -1.992684,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.06101,
        "energy": 80.801317,
        "activity_lines": [
          1977.782332,
          1928.600331,
          1881.384134,
          1853.873841
        ]
      },
      {
        "date": "2024-04-19",
        "close": 2100.695557,
        "volume": 257400,
        "typical_volume": 141400.0,
        "trend": 1842.041508,
        "fair_value": 1647.140965,
        "relative_strength": 3.239878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.537901,
        "energy": 89.613467,
        "activity_lines": [
          2032.009473,
          1965.729233,
          1906.014733,
          1871.082657
        ]
      },
      {
        "date": "2024-04-26",
        "close": 2322.579834,
        "volume": 255500,
        "typical_volume": 149695.0,
        "trend": 1857.056938,
        "fair_value": 1650.787703,
        "relative_strength": 11.702332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.729058,
        "energy": 97.004416,
        "activity_lines": [
          2146.929443,
          2038.386171,
          1950.166699,
          1902.085129
        ]
      },
      {
        "date": "2024-05-03",
        "close": 2348.514404,
        "volume": 120000,
        "typical_volume": 153235.0,
        "trend": 1873.572331,
        "fair_value": 1654.280644,
        "relative_strength": 12.197366,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.509536,
        "energy": 96.385709,
        "activity_lines": [
          2237.54021,
          2106.926995,
          1993.944537,
          1933.792063
        ]
      },
      {
        "date": "2024-05-10",
        "close": 2204.433594,
        "volume": 223100,
        "typical_volume": 161280.0,
        "trend": 1884.236491,
        "fair_value": 1657.518656,
        "relative_strength": 5.606193,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.225126,
        "energy": 88.130006,
        "activity_lines": [
          2247.721891,
          2140.0896,
          2021.055505,
          1955.137951
        ]
      },
      {
        "date": "2024-05-17",
        "close": 2177.538574,
        "volume": 147000,
        "typical_volume": 164450.0,
        "trend": 1895.624618,
        "fair_value": 1660.601409,
        "relative_strength": 3.153077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.496781,
        "energy": 82.186434,
        "activity_lines": [
          2233.121712,
          2162.406736,
          2043.518738,
          1974.060666
        ]
      },
      {
        "date": "2024-05-24",
        "close": 2183.301758,
        "volume": 110500,
        "typical_volume": 169165.0,
        "trend": 1907.141305,
        "fair_value": 1663.795401,
        "relative_strength": 4.041934,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.349634,
        "energy": 60.790819,
        "activity_lines": [
          2217.304834,
          2180.391917,
          2064.636162,
          1992.620481
        ]
      },
      {
        "date": "2024-05-31",
        "close": 2211.157471,
        "volume": 138800,
        "typical_volume": 173630.0,
        "trend": 1920.126672,
        "fair_value": 1666.773614,
        "relative_strength": 5.861898,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.027496,
        "energy": 50.161578,
        "activity_lines": [
          2205.266113,
          2198.321134,
          2086.543393,
          2012.234428
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2188.104248,
        "volume": 121900,
        "typical_volume": 177460.0,
        "trend": 1934.631319,
        "fair_value": 1670.072687,
        "relative_strength": 4.226583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.139097,
        "energy": 39.947116,
        "activity_lines": [
          2192.971143,
          2205.097246,
          2104.490808,
          2029.523303
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2274.552734,
        "volume": 125500,
        "typical_volume": 181730.0,
        "trend": 1952.239994,
        "fair_value": 1674.263108,
        "relative_strength": 7.830124,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.420796,
        "energy": 43.818467,
        "activity_lines": [
          2220.186344,
          2221.670863,
          2128.871667,
          2051.453717
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2288.000244,
        "volume": 128600,
        "typical_volume": 185295.0,
        "trend": 1971.345459,
        "fair_value": 1678.499728,
        "relative_strength": 8.931865,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.75891,
        "energy": 49.714902,
        "activity_lines": [
          2247.20944,
          2235.100901,
          2152.344533,
          2073.115669
        ]
      },
      {
        "date": "2024-06-28",
        "close": 2322.579834,
        "volume": 165700,
        "typical_volume": 178450.0,
        "trend": 1990.014884,
        "fair_value": 1682.815133,
        "relative_strength": 7.718669,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.525331,
        "energy": 53.050606,
        "activity_lines": [
          2278.394954,
          2251.953991,
          2177.048592,
          2095.775951
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2142.959473,
        "volume": 96800,
        "typical_volume": 176075.0,
        "trend": 2003.936145,
        "fair_value": 1686.093427,
        "relative_strength": -3.724698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.157007,
        "energy": 41.026071,
        "activity_lines": [
          2240.42181,
          2232.114573,
          2182.328401,
          2105.643344
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2140.077637,
        "volume": 114600,
        "typical_volume": 175925.0,
        "trend": 2017.602474,
        "fair_value": 1689.124644,
        "relative_strength": -4.432697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.327363,
        "energy": 27.076439,
        "activity_lines": [
          2206.034587,
          2215.01701,
          2185.876076,
          2114.426666
        ]
      },
      {
        "date": "2024-07-19",
        "close": 2171.775146,
        "volume": 47000,
        "typical_volume": 169270.0,
        "trend": 2031.117985,
        "fair_value": 1692.273324,
        "relative_strength": -0.274029,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.139976,
        "energy": 18.293865,
        "activity_lines": [
          2185.414974,
          2207.47239,
          2191.030384,
          2124.37329
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2151.604004,
        "volume": 97900,
        "typical_volume": 164780.0,
        "trend": 2043.516288,
        "fair_value": 1695.475584,
        "relative_strength": 5.011912,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.959896,
        "energy": 22.348826,
        "activity_lines": [
          2164.923486,
          2196.854079,
          2192.859383,
          2132.146582
        ]
      },
      {
        "date": "2024-08-02",
        "close": 2055.550049,
        "volume": 123700,
        "typical_volume": 163410.0,
        "trend": 2052.299731,
        "fair_value": 1697.879231,
        "relative_strength": 5.195897,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.092804,
        "energy": 13.069839,
        "activity_lines": [
          2121.507096,
          2169.242951,
          2184.254886,
          2132.922953
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2180.420166,
        "volume": 150900,
        "typical_volume": 156990.0,
        "trend": 2063.625045,
        "fair_value": 1700.774713,
        "relative_strength": 14.198336,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.901448,
        "energy": 12.268828,
        "activity_lines": [
          2137.516064,
          2166.658239,
          2186.810004,
          2141.188788
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2310.092773,
        "volume": 54400,
        "typical_volume": 147570.0,
        "trend": 2080.289543,
        "fair_value": 1704.787184,
        "relative_strength": 11.206435,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.780813,
        "energy": 20.275151,
        "activity_lines": [
          2194.251855,
          2188.209224,
          2200.037983,
          2157.089931
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2339.869385,
        "volume": 47100,
        "typical_volume": 138780.0,
        "trend": 2097.787724,
        "fair_value": 1708.178986,
        "relative_strength": 11.654859,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.183595,
        "energy": 31.035209,
        "activity_lines": [
          2249.578841,
          2212.956166,
          2213.970351,
          2173.837018
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2447.449707,
        "volume": 85700,
        "typical_volume": 130605.0,
        "trend": 2117.537419,
        "fair_value": 1712.511872,
        "relative_strength": 15.680319,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 72.886197,
        "energy": 65.926054,
        "activity_lines": [
          2329.559652,
          2256.07559,
          2236.373756,
          2196.395856
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2452.252197,
        "volume": 80400,
        "typical_volume": 121755.0,
        "trend": 2138.082666,
        "fair_value": 1716.549781,
        "relative_strength": 22.65556,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.971667,
        "energy": 74.361038,
        "activity_lines": [
          2391.418245,
          2297.169114,
          2257.725124,
          2217.990357
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2234.210205,
        "volume": 142700,
        "typical_volume": 116115.0,
        "trend": 2151.328076,
        "fair_value": 1718.732778,
        "relative_strength": 10.999608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.959158,
        "energy": 61.202957,
        "activity_lines": [
          2354.149365,
          2296.26096,
          2256.636509,
          2224.192134
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2312.013916,
        "volume": 132200,
        "typical_volume": 116725.0,
        "trend": 2166.944527,
        "fair_value": 1721.494526,
        "relative_strength": 11.234162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.499946,
        "energy": 45.004523,
        "activity_lines": [
          2339.229053,
          2307.83983,
          2263.37858,
          2234.558963
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2446.552979,
        "volume": 107300,
        "typical_volume": 110935.0,
        "trend": 2185.933525,
        "fair_value": 1725.803637,
        "relative_strength": 11.380841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.196042,
        "energy": 39.962172,
        "activity_lines": [
          2369.027018,
          2340.754235,
          2283.107706,
          2252.598218
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2397.157227,
        "volume": 80500,
        "typical_volume": 107610.0,
        "trend": 2203.117127,
        "fair_value": 1729.807669,
        "relative_strength": 12.415966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.979403,
        "energy": 33.093562,
        "activity_lines": [
          2375.247494,
          2359.691633,
          2296.979525,
          2266.225553
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2412.653809,
        "volume": 97000,
        "typical_volume": 106935.0,
        "trend": 2220.150033,
        "fair_value": 1734.194229,
        "relative_strength": 10.271196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.784811,
        "energy": 38.897636,
        "activity_lines": [
          2389.986328,
          2376.981987,
          2311.281406,
          2279.744049
        ]
      },
      {
        "date": "2024-10-18",
        "close": 2431.056396,
        "volume": 55100,
        "typical_volume": 102750.0,
        "trend": 2240.242948,
        "fair_value": 1738.583165,
        "relative_strength": 12.748476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.087678,
        "energy": 47.512268,
        "activity_lines": [
          2413.499251,
          2391.125471,
          2326.243762,
          2293.350911
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2402.0,
        "volume": 82900,
        "typical_volume": 100800.0,
        "trend": 2258.226876,
        "fair_value": 1743.086374,
        "relative_strength": 14.377221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.981865,
        "energy": 36.54083,
        "activity_lines": [
          2414.20363,
          2395.428951,
          2337.391704,
          2303.78685
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2505.634521,
        "volume": 210300,
        "typical_volume": 105040.0,
        "trend": 2276.175334,
        "fair_value": 1748.190333,
        "relative_strength": 18.510535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.16157,
        "energy": 49.251219,
        "activity_lines": [
          2443.453776,
          2416.904031,
          2357.391049,
          2319.748633
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2613.143555,
        "volume": 70000,
        "typical_volume": 102110.0,
        "trend": 2292.26438,
        "fair_value": 1754.058585,
        "relative_strength": 18.562772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.402328,
        "energy": 72.498968,
        "activity_lines": [
          2504.601497,
          2454.912296,
          2386.528961,
          2341.488519
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2575.370361,
        "volume": 126800,
        "typical_volume": 100165.0,
        "trend": 2308.086873,
        "fair_value": 1760.592071,
        "relative_strength": 18.841709,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.38138,
        "energy": 72.582887,
        "activity_lines": [
          2538.759066,
          2483.040092,
          2410.521124,
          2359.753421
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2603.458008,
        "volume": 47000,
        "typical_volume": 97675.0,
        "trend": 2317.449479,
        "fair_value": 1767.357621,
        "relative_strength": 20.561498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.164925,
        "energy": 75.498454,
        "activity_lines": [
          2571.431413,
          2514.036222,
          2435.984537,
          2378.809623
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2610.237793,
        "volume": 62100,
        "typical_volume": 95050.0,
        "trend": 2326.173592,
        "fair_value": 1774.022146,
        "relative_strength": 20.474701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.084908,
        "energy": 73.518885,
        "activity_lines": [
          2594.870247,
          2539.551443,
          2459.900793,
          2397.699191
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2504.666016,
        "volume": 49700,
        "typical_volume": 95185.0,
        "trend": 2336.18134,
        "fair_value": 1779.778751,
        "relative_strength": 12.583028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.654749,
        "energy": 45.881421,
        "activity_lines": [
          2569.23597,
          2540.449543,
          2471.523736,
          2409.214832
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2453.332764,
        "volume": 62300,
        "typical_volume": 93405.0,
        "trend": 2345.374479,
        "fair_value": 1785.217856,
        "relative_strength": 8.859834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.14542,
        "energy": 32.972761,
        "activity_lines": [
          2526.555176,
          2530.957724,
          2476.672604,
          2416.772988
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2476.578125,
        "volume": 40300,
        "typical_volume": 89235.0,
        "trend": 2355.150358,
        "fair_value": 1790.753955,
        "relative_strength": 11.669587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.492614,
        "energy": 22.683218,
        "activity_lines": [
          2502.276888,
          2524.670961,
          2482.598512,
          2425.237739
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2551.156494,
        "volume": 38100,
        "typical_volume": 83595.0,
        "trend": 2366.483659,
        "fair_value": 1796.525384,
        "relative_strength": 10.147097,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.630321,
        "energy": 22.484364,
        "activity_lines": [
          2509.444206,
          2530.781641,
          2493.622226,
          2437.883297
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2627.671631,
        "volume": 11300,
        "typical_volume": 81440.0,
        "trend": 2381.135905,
        "fair_value": 1803.04737,
        "relative_strength": 14.085571,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.470696,
        "energy": 30.262434,
        "activity_lines": [
          2545.603337,
          2548.620526,
          2510.167685,
          2454.734134
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2326.453125,
        "volume": 54400,
        "typical_volume": 81805.0,
        "trend": 2382.865918,
        "fair_value": 1807.991015,
        "relative_strength": 2.561879,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.147025,
        "energy": 8.574921,
        "activity_lines": [
          2480.194043,
          2507.589289,
          2496.513387,
          2451.206212
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2279.962646,
        "volume": 28400,
        "typical_volume": 78940.0,
        "trend": 2382.597998,
        "fair_value": 1812.919833,
        "relative_strength": 2.139826,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.819838,
        "energy": 14.241548,
        "activity_lines": [
          2411.168782,
          2461.363081,
          2478.495311,
          2444.567291
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2256.717773,
        "volume": 48900,
        "typical_volume": 77365.0,
        "trend": 2380.402596,
        "fair_value": 1817.896148,
        "relative_strength": -2.834879,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.562242,
        "energy": 35.459401,
        "activity_lines": [
          2345.953239,
          2416.968368,
          2459.060996,
          2436.445987
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2267.371582,
        "volume": 28200,
        "typical_volume": 71640.0,
        "trend": 2384.549666,
        "fair_value": 1822.975431,
        "relative_strength": -1.6842,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.323572,
        "energy": 51.336683,
        "activity_lines": [
          2298.946321,
          2380.304394,
          2441.572445,
          2429.153663
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2193.761963,
        "volume": 56400,
        "typical_volume": 67850.0,
        "trend": 2386.339144,
        "fair_value": 1827.634874,
        "relative_strength": -3.167018,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.474316,
        "energy": 64.165692,
        "activity_lines": [
          2246.321859,
          2336.367516,
          2416.915542,
          2416.844779
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2130.806396,
        "volume": 35600,
        "typical_volume": 64265.0,
        "trend": 2384.973519,
        "fair_value": 1831.948549,
        "relative_strength": -7.0217,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.330384,
        "energy": 70.942611,
        "activity_lines": [
          2201.639518,
          2288.556458,
          2386.825976,
          2400.358795
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2023.297607,
        "volume": 46900,
        "typical_volume": 62585.0,
        "trend": 2380.696639,
        "fair_value": 1835.856258,
        "relative_strength": -11.011768,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -85.014231,
        "energy": 86.675507,
        "activity_lines": [
          2134.16403,
          2227.995796,
          2348.001033,
          2377.024866
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1967.121704,
        "volume": 62300,
        "typical_volume": 60850.0,
        "trend": 2377.749027,
        "fair_value": 1839.571467,
        "relative_strength": -9.881775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.239692,
        "energy": 92.321711,
        "activity_lines": [
          2065.074243,
          2165.040154,
          2305.606288,
          2350.342612
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1962.279053,
        "volume": 75200,
        "typical_volume": 61855.0,
        "trend": 2370.477657,
        "fair_value": 1843.296092,
        "relative_strength": -9.620899,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.414108,
        "energy": 91.39014,
        "activity_lines": [
          2013.676644,
          2110.466874,
          2264.87192,
          2323.538097
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1888.669312,
        "volume": 125400,
        "typical_volume": 63980.0,
        "trend": 2356.430208,
        "fair_value": 1846.190534,
        "relative_strength": -13.452897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.819659,
        "energy": 92.91097,
        "activity_lines": [
          1958.081966,
          2053.216868,
          2219.359373,
          2292.453688
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1894.480469,
        "volume": 139000,
        "typical_volume": 60415.0,
        "trend": 2341.583911,
        "fair_value": 1848.919946,
        "relative_strength": -14.779244,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.086948,
        "energy": 90.529097,
        "activity_lines": [
          1924.763851,
          2010.459841,
          2176.844701,
          2262.650479
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1875.313721,
        "volume": 121800,
        "typical_volume": 63005.0,
        "trend": 2322.512712,
        "fair_value": 1851.862099,
        "relative_strength": -14.498396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.803294,
        "energy": 88.411685,
        "activity_lines": [
          1900.811882,
          1972.071999,
          2135.414882,
          2232.568531
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1575.302734,
        "volume": 113700,
        "typical_volume": 62350.0,
        "trend": 2293.281063,
        "fair_value": 1853.102972,
        "relative_strength": -20.97782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.712179,
        "energy": 93.706221,
        "activity_lines": [
          1786.721843,
          1886.493959,
          2068.926064,
          2184.361436
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1576.279907,
        "volume": 107900,
        "typical_volume": 65395.0,
        "trend": 2271.350053,
        "fair_value": 1854.583654,
        "relative_strength": -20.288642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.75838,
        "energy": 95.683838,
        "activity_lines": [
          1699.078792,
          1813.48295,
          2007.292536,
          2138.103297
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1661.299316,
        "volume": 80000,
        "typical_volume": 66290.0,
        "trend": 2249.659566,
        "fair_value": 1856.673558,
        "relative_strength": -18.523093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.615268,
        "energy": 86.819331,
        "activity_lines": [
          1665.508821,
          1768.495319,
          1958.64742,
          2098.745185
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1639.800171,
        "volume": 110500,
        "typical_volume": 69330.0,
        "trend": 2222.767806,
        "fair_value": 1858.374585,
        "relative_strength": -21.380567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.770759,
        "energy": 85.948972,
        "activity_lines": [
          1639.930469,
          1729.279892,
          1912.47352,
          2059.399417
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1695.502563,
        "volume": 111600,
        "typical_volume": 71795.0,
        "trend": 2199.379317,
        "fair_value": 1860.461872,
        "relative_strength": -20.791639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.850402,
        "energy": 68.403584,
        "activity_lines": [
          1649.898266,
          1709.119558,
          1875.723019,
          2025.382305
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1703.320435,
        "volume": 194600,
        "typical_volume": 79510.0,
        "trend": 2175.734871,
        "fair_value": 1862.780271,
        "relative_strength": -21.535659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.213403,
        "energy": 63.694433,
        "activity_lines": [
          1674.459432,
          1696.340565,
          1843.325792,
          1993.378506
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1626.118896,
        "volume": 156700,
        "typical_volume": 85440.0,
        "trend": 2148.903621,
        "fair_value": 1864.451985,
        "relative_strength": -25.264304,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.417765,
        "energy": 64.690189,
        "activity_lines": [
          1664.752238,
          1674.321316,
          1807.258218,
          1957.919411
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1743.387085,
        "volume": 140400,
        "typical_volume": 91895.0,
        "trend": 2126.949858,
        "fair_value": 1866.904611,
        "relative_strength": -18.334499,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.481867,
        "energy": 52.103579,
        "activity_lines": [
          1690.811841,
          1679.735558,
          1786.763983,
          1931.757053
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1765.863525,
        "volume": 66700,
        "typical_volume": 92510.0,
        "trend": 2102.290824,
        "fair_value": 1869.337835,
        "relative_strength": -18.737227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.564483,
        "energy": 44.24077,
        "activity_lines": [
          1718.891072,
          1691.877921,
          1772.62124,
          1908.461161
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1754.136719,
        "volume": 78900,
        "typical_volume": 95035.0,
        "trend": 2073.657263,
        "fair_value": 1871.526567,
        "relative_strength": -18.52276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.939773,
        "energy": 37.972435,
        "activity_lines": [
          1734.657145,
          1704.226627,
          1760.031133,
          1885.999606
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1730.682983,
        "volume": 72300,
        "typical_volume": 96205.0,
        "trend": 2045.501017,
        "fair_value": 1873.979497,
        "relative_strength": -19.459906,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.166095,
        "energy": 29.346848,
        "activity_lines": [
          1738.696362,
          1714.514235,
          1747.71127,
          1863.872233
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1762.931763,
        "volume": 74900,
        "typical_volume": 98540.0,
        "trend": 2017.483476,
        "fair_value": 1876.715053,
        "relative_strength": -18.806996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.255172,
        "energy": 24.643486,
        "activity_lines": [
          1751.661003,
          1727.840163,
          1740.967647,
          1845.641959
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1786.385376,
        "volume": 79200,
        "typical_volume": 99680.0,
        "trend": 1990.021728,
        "fair_value": 1879.495857,
        "relative_strength": -20.926265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.995566,
        "energy": 17.57499,
        "activity_lines": [
          1763.322656,
          1742.036714,
          1738.859795,
          1830.732404
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1766.840698,
        "volume": 50800,
        "typical_volume": 100440.0,
        "trend": 1965.427551,
        "fair_value": 1882.017086,
        "relative_strength": -20.907433,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -22.595003,
        "energy": 17.707035,
        "activity_lines": [
          1765.602865,
          1750.405395,
          1736.830434,
          1816.333628
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1783.453735,
        "volume": 49000,
        "typical_volume": 100545.0,
        "trend": 1943.09825,
        "fair_value": 1884.428779,
        "relative_strength": -19.487149,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -18.656102,
        "energy": 15.283527,
        "activity_lines": [
          1773.355607,
          1759.484801,
          1738.116438,
          1804.593381
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1779.5448,
        "volume": 31000,
        "typical_volume": 98980.0,
        "trend": 1919.863806,
        "fair_value": 1886.482612,
        "relative_strength": -19.904983,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -16.119702,
        "energy": 13.623767,
        "activity_lines": [
          1777.850903,
          1766.254379,
          1740.172275,
          1794.041546
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1784.430908,
        "volume": 43700,
        "typical_volume": 97405.0,
        "trend": 1894.306287,
        "fair_value": 1888.620314,
        "relative_strength": -22.480619,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -14.504531,
        "energy": 11.153543,
        "activity_lines": [
          1780.717448,
          1772.526443,
          1743.586679,
          1785.30394
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1876.291016,
        "volume": 63200,
        "typical_volume": 94295.0,
        "trend": 1869.260266,
        "fair_value": 1891.247605,
        "relative_strength": -16.854122,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": 13.013064,
        "energy": 19.39917,
        "activity_lines": [
          1812.770752,
          1792.621944,
          1756.596561,
          1784.141664
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1842.087891,
        "volume": 51800,
        "typical_volume": 89935.0,
        "trend": 1853.114758,
        "fair_value": 1893.317004,
        "relative_strength": -19.855157,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": 4.356975,
        "energy": 21.77838,
        "activity_lines": [
          1827.429305,
          1804.08226,
          1766.407947,
          1782.388608
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1841.110474,
        "volume": 50900,
        "typical_volume": 86390.0,
        "trend": 1838.486353,
        "fair_value": 1895.736294,
        "relative_strength": -22.278086,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": 5.844976,
        "energy": 37.146787,
        "activity_lines": [
          1836.745573,
          1813.978966,
          1776.375734,
          1781.614138
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1822.543091,
        "volume": 47600,
        "typical_volume": 83085.0,
        "trend": 1824.013863,
        "fair_value": 1897.732955,
        "relative_strength": -21.211277,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 32.5605,
        "energy": 53.75084,
        "activity_lines": [
          1836.028931,
          1818.918444,
          1784.738071,
          1780.58554
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1750.227661,
        "volume": 61000,
        "typical_volume": 80740.0,
        "trend": 1806.775732,
        "fair_value": 1899.41786,
        "relative_strength": -23.885246,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.093842,
        "energy": 10.622306,
        "activity_lines": [
          1808.340593,
          1809.039478,
          1785.035889,
          1775.82514
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1749.250488,
        "volume": 42300,
        "typical_volume": 78855.0,
        "trend": 1791.958683,
        "fair_value": 1901.195758,
        "relative_strength": -23.730596,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.238567,
        "energy": 12.775875,
        "activity_lines": [
          1782.606746,
          1799.213827,
          1784.412321,
          1772.113834
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1763.908936,
        "volume": 39800,
        "typical_volume": 75320.0,
        "trend": 1779.728768,
        "fair_value": 1903.161038,
        "relative_strength": -25.514462,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.387844,
        "energy": 18.151127,
        "activity_lines": [
          1770.228418,
          1792.728529,
          1784.76598,
          1770.304173
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1738.500854,
        "volume": 46100,
        "typical_volume": 72045.0,
        "trend": 1770.235543,
        "fair_value": 1904.969285,
        "relative_strength": -26.432993,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.478749,
        "energy": 30.196365,
        "activity_lines": [
          1754.592659,
          1781.676884,
          1782.108828,
          1767.644307
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1780.521973,
        "volume": 58800,
        "typical_volume": 65255.0,
        "trend": 1764.015552,
        "fair_value": 1907.114868,
        "relative_strength": -24.555354,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.676152,
        "energy": 19.188936,
        "activity_lines": [
          1759.804582,
          1779.082768,
          1783.248933,
          1768.307948
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1728.153687,
        "volume": 82500,
        "typical_volume": 61545.0,
        "trend": 1756.211373,
        "fair_value": 1908.432598,
        "relative_strength": -26.780258,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.022101,
        "energy": 20.787349,
        "activity_lines": [
          1750.361817,
          1766.949379,
          1779.033957,
          1765.994279
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1717.28479,
        "volume": 51500,
        "typical_volume": 57100.0,
        "trend": 1750.498555,
        "fair_value": 1910.143165,
        "relative_strength": -30.092785,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.082254,
        "energy": 28.546316,
        "activity_lines": [
          1738.767684,
          1753.863048,
          1773.297967,
          1763.482887
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1699.49939,
        "volume": 48700,
        "typical_volume": 56200.0,
        "trend": 1743.999186,
        "fair_value": 1911.965051,
        "relative_strength": -29.371626,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.900573,
        "energy": 32.430532,
        "activity_lines": [
          1723.376131,
          1740.434031,
          1765.992426,
          1760.192618
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1765.700806,
        "volume": 43500,
        "typical_volume": 54430.0,
        "trend": 1740.345422,
        "fair_value": 1914.13422,
        "relative_strength": -28.42728,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.637527,
        "energy": 20.086216,
        "activity_lines": [
          1734.345687,
          1741.634153,
          1765.307802,
          1761.592723
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1692.582764,
        "volume": 83200,
        "typical_volume": 54975.0,
        "trend": 1744.254757,
        "fair_value": 1915.959207,
        "relative_strength": -34.621513,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.96302,
        "energy": 30.708845,
        "activity_lines": [
          1719.129232,
          1730.911171,
          1757.604487,
          1758.511261
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1712.344482,
        "volume": 52200,
        "typical_volume": 53840.0,
        "trend": 1748.790243,
        "fair_value": 1917.863433,
        "relative_strength": -30.17701,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.848628,
        "energy": 22.890283,
        "activity_lines": [
          1716.36263,
          1726.144143,
          1751.964671,
          1756.452533
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1692.582764,
        "volume": 157500,
        "typical_volume": 57755.0,
        "trend": 1749.833024,
        "fair_value": 1919.587614,
        "relative_strength": -30.210788,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.43796,
        "energy": 21.569371,
        "activity_lines": [
          1708.062736,
          1718.472861,
          1744.683678,
          1752.826244
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1580.929688,
        "volume": 1037300,
        "typical_volume": 107080.0,
        "trend": 1747.870675,
        "fair_value": 1920.453759,
        "relative_strength": -31.496476,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -76.863541,
        "energy": 63.024492,
        "activity_lines": [
          1664.191952,
          1691.531341,
          1727.215737,
          1741.929255
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1597.727051,
        "volume": 277100,
        "typical_volume": 118485.0,
        "trend": 1744.611491,
        "fair_value": 1921.801147,
        "relative_strength": -32.005191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.441266,
        "energy": 68.998442,
        "activity_lines": [
          1633.824935,
          1670.970783,
          1712.232837,
          1732.24257
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1672.821167,
        "volume": 282500,
        "typical_volume": 131060.0,
        "trend": 1743.594849,
        "fair_value": 1923.511315,
        "relative_strength": -28.231592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.623648,
        "energy": 61.389517,
        "activity_lines": [
          1639.687541,
          1666.623225,
          1705.286169,
          1727.610936
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1686.654297,
        "volume": 173400,
        "typical_volume": 137545.0,
        "trend": 1745.612695,
        "fair_value": 1925.233071,
        "relative_strength": -27.250519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.429342,
        "energy": 52.389386,
        "activity_lines": [
          1651.47863,
          1666.748977,
          1700.16515,
          1723.937352
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1702.463623,
        "volume": 148600,
        "typical_volume": 141815.0,
        "trend": 1744.24858,
        "fair_value": 1927.328933,
        "relative_strength": -23.643748,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.19853,
        "energy": 28.647873,
        "activity_lines": [
          1670.252173,
          1670.503687,
          1697.015384,
          1721.153541
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1773.605469,
        "volume": 116100,
        "typical_volume": 145030.0,
        "trend": 1744.506645,
        "fair_value": 1929.839325,
        "relative_strength": -21.449475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.644083,
        "energy": 15.153092,
        "activity_lines": [
          1712.080941,
          1687.462753,
          1701.468782,
          1723.047534
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1819.057251,
        "volume": 89500,
        "typical_volume": 146960.0,
        "trend": 1746.670663,
        "fair_value": 1932.7063,
        "relative_strength": -17.721543,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 28.385795,
        "energy": 29.14379,
        "activity_lines": [
          1756.215251,
          1711.338397,
          1710.577028,
          1727.85725
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1811.152588,
        "volume": 87800,
        "typical_volume": 148970.0,
        "trend": 1749.352983,
        "fair_value": 1935.528534,
        "relative_strength": -19.74256,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.909734,
        "energy": 34.646137,
        "activity_lines": [
          1782.959326,
          1732.806712,
          1719.037464,
          1732.017374
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1913.912964,
        "volume": 112800,
        "typical_volume": 151560.0,
        "trend": 1754.385689,
        "fair_value": 1938.843459,
        "relative_strength": -17.458091,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 45.776784,
        "energy": 64.756943,
        "activity_lines": [
          1834.734766,
          1770.802916,
          1737.338842,
          1742.634147
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1905.020264,
        "volume": 89700,
        "typical_volume": 153930.0,
        "trend": 1758.340186,
        "fair_value": 1941.941279,
        "relative_strength": -16.919867,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 49.271981,
        "energy": 71.810228,
        "activity_lines": [
          1868.395394,
          1803.517385,
          1754.013844,
          1752.352507
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1852.651978,
        "volume": 126400,
        "typical_volume": 158260.0,
        "trend": 1761.200562,
        "fair_value": 1944.003707,
        "relative_strength": -17.570169,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.359996,
        "energy": 66.850276,
        "activity_lines": [
          1871.096151,
          1822.847847,
          1764.959628,
          1758.437139
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1805.223999,
        "volume": 113600,
        "typical_volume": 161635.0,
        "trend": 1761.926237,
        "fair_value": 1945.679094,
        "relative_strength": -20.210743,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.386041,
        "energy": 55.58549,
        "activity_lines": [
          1852.717814,
          1828.614635,
          1770.965876,
          1761.27736
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1794.355225,
        "volume": 96900,
        "typical_volume": 163540.0,
        "trend": 1762.419918,
        "fair_value": 1947.249233,
        "relative_strength": -23.628335,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 56.275898,
        "energy": 38.805504,
        "activity_lines": [
          1831.63877,
          1828.632611,
          1775.619274,
          1763.369553
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1829.926025,
        "volume": 136600,
        "typical_volume": 166245.0,
        "trend": 1763.936422,
        "fair_value": 1948.531512,
        "relative_strength": -21.221579,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 41.411846,
        "energy": 25.481825,
        "activity_lines": [
          1823.536483,
          1832.908294,
          1783.594494,
          1767.724786
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1858.580444,
        "volume": 82000,
        "typical_volume": 167770.0,
        "trend": 1763.346069,
        "fair_value": 1949.56461,
        "relative_strength": -21.956279,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.582246,
        "energy": 26.136378,
        "activity_lines": [
          1830.584798,
          1839.788932,
          1793.814077,
          1773.830852
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1786.450562,
        "volume": 230800,
        "typical_volume": 176875.0,
        "trend": 1761.491492,
        "fair_value": 1949.892221,
        "relative_strength": -19.826507,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.03121,
        "energy": 19.055688,
        "activity_lines": [
          1816.685807,
          1830.716557,
          1796.49131,
          1775.321464
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1658.988037,
        "volume": 195700,
        "typical_volume": 184485.0,
        "trend": 1755.420744,
        "fair_value": 1949.63995,
        "relative_strength": -22.303638,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.149834,
        "energy": 10.841935,
        "activity_lines": [
          1764.712736,
          1798.235631,
          1786.615202,
          1768.708338
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1667.880737,
        "volume": 98900,
        "typical_volume": 185270.0,
        "trend": 1750.265332,
        "fair_value": 1949.610713,
        "relative_strength": -20.499419,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -26.066006,
        "energy": 27.134986,
        "activity_lines": [
          1725.452962,
          1770.281909,
          1778.094174,
          1763.060596
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1658.0,
        "volume": 135500,
        "typical_volume": 189435.0,
        "trend": 1747.191077,
        "fair_value": 1949.333461,
        "relative_strength": -20.211735,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -28.278837,
        "energy": 35.835445,
        "activity_lines": [
          1691.331242,
          1743.136632,
          1768.749752,
          1757.107994
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1650.0,
        "volume": 90200,
        "typical_volume": 186070.0,
        "trend": 1743.882727,
        "fair_value": 1949.059152,
        "relative_strength": -19.60524,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.475417,
        "energy": 50.558204,
        "activity_lines": [
          1666.00459,
          1719.189773,
          1758.902208,
          1750.837602
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1680.0,
        "volume": 73500,
        "typical_volume": 137880.0,
        "trend": 1741.085763,
        "fair_value": 1948.663846,
        "relative_strength": -22.940583,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.593606,
        "energy": 50.642832,
        "activity_lines": [
          1664.583301,
          1705.334191,
          1752.114583,
          1746.716135
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1691.0,
        "volume": 75500,
        "typical_volume": 127800.0,
        "trend": 1739.502401,
        "fair_value": 1948.104073,
        "relative_strength": -23.770305,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.800905,
        "energy": 38.276463,
        "activity_lines": [
          1673.925382,
          1696.617736,
          1745.902813,
          1743.484796
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1618.0,
        "volume": 90800,
        "typical_volume": 118215.0,
        "trend": 1734.085002,
        "fair_value": 1946.371413,
        "relative_strength": -27.887653,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.836691,
        "energy": 35.224776,
        "activity_lines": [
          1656.8,
          1676.705353,
          1732.294505,
          1735.645931
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1617.0,
        "volume": 88000,
        "typical_volume": 113945.0,
        "trend": 1730.379879,
        "fair_value": 1944.602217,
        "relative_strength": -26.981308,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.621177,
        "energy": 44.322792,
        "activity_lines": [
          1642.666667,
          1659.817611,
          1718.852012,
          1728.09206
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1652.0,
        "volume": 36300,
        "typical_volume": 108330.0,
        "trend": 1728.203719,
        "fair_value": 1942.942903,
        "relative_strength": -28.503046,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.746254,
        "energy": 40.954629,
        "activity_lines": [
          1642.933333,
          1653.164888,
          1709.07454,
          1723.035294
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1620.0,
        "volume": 104500,
        "typical_volume": 107750.0,
        "trend": 1725.553739,
        "fair_value": 1940.409673,
        "relative_strength": -27.769478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.17938,
        "energy": 51.436655,
        "activity_lines": [
          1632.4,
          1644.449991,
          1696.489752,
          1716.054409
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1635.0,
        "volume": 142100,
        "typical_volume": 110380.0,
        "trend": 1721.197046,
        "fair_value": 1938.412431,
        "relative_strength": -28.527605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.361819,
        "energy": 45.391247,
        "activity_lines": [
          1630.866667,
          1641.488741,
          1686.06499,
          1710.212232
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1641.0,
        "volume": 108100,
        "typical_volume": 111395.0,
        "trend": 1719.477621,
        "fair_value": 1937.001935,
        "relative_strength": -30.69599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.967083,
        "energy": 35.237734,
        "activity_lines": [
          1635.066667,
          1640.054545,
          1677.088119,
          1705.038229
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1639.0,
        "volume": 32100,
        "typical_volume": 107360.0,
        "trend": 1717.032804,
        "fair_value": 1935.813598,
        "relative_strength": -30.227509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.897956,
        "energy": 35.649686,
        "activity_lines": [
          1637.066667,
          1638.745455,
          1668.731023,
          1699.846124
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1589.0,
        "volume": 28100,
        "typical_volume": 104280.0,
        "trend": 1713.580046,
        "fair_value": 1934.184246,
        "relative_strength": -30.958177,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.019934,
        "energy": 48.259471,
        "activity_lines": [
          1620.933333,
          1628.690909,
          1656.921131,
          1691.585944
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1711.0,
        "volume": 24300,
        "typical_volume": 99175.0,
        "trend": 1717.915723,
        "fair_value": 1933.505649,
        "relative_strength": -30.27226,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.970687,
        "energy": 20.093946,
        "activity_lines": [
          1649.666667,
          1641.927273,
          1658.235145,
          1691.419489
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1729.0,
        "volume": 29300,
        "typical_volume": 94960.0,
        "trend": 1722.291488,
        "fair_value": 1932.683356,
        "relative_strength": -26.820106,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.256048,
        "energy": 13.247202,
        "activity_lines": [
          1678.333333,
          1657.872727,
          1661.937978,
          1692.134604
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1690.0,
        "volume": 18800,
        "typical_volume": 91055.0,
        "trend": 1722.864115,
        "fair_value": 1931.930394,
        "relative_strength": -28.045256,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.869885,
        "energy": 16.00136,
        "activity_lines": [
          1687.733333,
          1666.036364,
          1662.289497,
          1690.051282
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1751.0,
        "volume": 22300,
        "typical_volume": 85340.0,
        "trend": 1725.008972,
        "fair_value": 1931.929965,
        "relative_strength": -23.302592,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 11.042128,
        "energy": 26.646271,
        "activity_lines": [
          1714.2,
          1683.981818,
          1668.94747,
          1691.8665
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1656.0,
        "volume": 21300,
        "typical_volume": 82305.0,
        "trend": 1723.460185,
        "fair_value": 1931.230185,
        "relative_strength": -21.614808,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.795311,
        "energy": 18.954236,
        "activity_lines": [
          1701.533333,
          1682.218182,
          1666.933661,
          1687.414308
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1696.0,
        "volume": 60900,
        "typical_volume": 73810.0,
        "trend": 1720.873336,
        "fair_value": 1930.521711,
        "relative_strength": -19.516263,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.598106,
        "energy": 12.441537,
        "activity_lines": [
          1697.733333,
          1687.654545,
          1669.694045,
          1685.642684
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1711.0,
        "volume": 103400,
        "typical_volume": 69195.0,
        "trend": 1717.271427,
        "fair_value": 1929.891314,
        "relative_strength": -17.546774,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.303828,
        "energy": 10.130376,
        "activity_lines": [
          1699.933333,
          1694.436364,
          1674.313718,
          1685.005694
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1759.0,
        "volume": 111800,
        "typical_volume": 69840.0,
        "trend": 1715.533008,
        "fair_value": 1929.27338,
        "relative_strength": -15.978027,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.168173,
        "energy": 17.203441,
        "activity_lines": [
          1719.333333,
          1708.563636,
          1683.257143,
          1687.69786
        ]
      },
      {
        "date": "2026-08-14",
        "close": 1755.0,
        "volume": 55600,
        "typical_volume": 65845.0,
        "trend": 1710.235909,
        "fair_value": 1928.94311,
        "relative_strength": -19.136031,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.483261,
        "energy": 31.257518,
        "activity_lines": [
          1732.8,
          1719.818182,
          1691.385714,
          1690.244118
        ]
      },
      {
        "date": "2026-08-21",
        "close": 1763.0,
        "volume": 96000,
        "typical_volume": 66135.0,
        "trend": 1705.5019,
        "fair_value": 1928.392991,
        "relative_strength": -14.614159,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.778232,
        "energy": 45.691675,
        "activity_lines": [
          1748.666667,
          1730.418182,
          1699.814286,
          1693.648253
        ]
      }
    ],
    "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."
    }
  }
}