{
  "ticker": {
    "uuid": "6c5e5235-c884-4adb-86b0-f4400404ca3c",
    "symbol": "302450",
    "name": "KB KBStar Kospi ETF",
    "exchange": "KSC",
    "country": "KR",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^KS11",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": -12.285,
    "architecture_energy": 30.46,
    "architecture_maturity": 57.218,
    "architecture_confidence": 94.447,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 46.6,
        "rotation_up": 14.06,
        "upward_expansion": 43.34,
        "deceleration": 87.37,
        "rotation_down": 54.03,
        "downward_expansion": 39.67
      },
      "activity_lines": [
        68373.526563,
        74331.978977,
        76555.863486,
        73301.554646
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 64700.0,
    "trend_reference": 68145.756641,
    "distance_from_trend": -0.050565,
    "trend_direction": "Improving",
    "fair_value": 36058.864583,
    "distance_from_fair_value": 0.794288,
    "fair_value_direction": "Weakening",
    "relative_strength": 0.413241,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.23574,
    "excess_performance": 0.005911,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.050565,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.217621,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.794288,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.670232,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.004132,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.007806,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.23574,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.150584,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 29575,
      "relative_activity": 0.126222,
      "balance": 1.150584,
      "dry_up": 0.314145,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.142498,
      "annualized_volatility": 0.460446,
      "from_high_reference": -0.333985,
      "from_low_reference": 1.059
    },
    "levels": {
      "trend_reference": 68145.756641,
      "fair_value_reference": 36058.864583,
      "structural_low": 52060.316993,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.007318,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.002239,
        "regime_survival": 0.0,
        "best_return": 0.285579,
        "worst_return": -0.036465,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.009748,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.004135,
        "regime_survival": 0.166667,
        "best_return": 0.284727,
        "worst_return": -0.06116,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.000528,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.011642,
        "regime_survival": 0.0,
        "best_return": 0.091757,
        "worst_return": -0.105096,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.024653,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.021201,
        "regime_survival": 0.0,
        "best_return": 0.140447,
        "worst_return": -0.246055,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-02-09",
        "end": "2024-02-16",
        "tenure": "New",
        "return": 0.0147,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-02-23",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": 0.002881,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.015138,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.035092,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-09-06",
        "tenure": "New",
        "return": -0.055286,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-13",
        "end": "2024-09-20",
        "tenure": "New",
        "return": 0.006575,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-27",
        "end": "2025-01-24",
        "tenure": "Established",
        "return": -0.04032,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-31",
        "end": "2025-02-14",
        "tenure": "New",
        "return": 0.029665,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-21",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.060958,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.080574,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2026-04-03",
        "tenure": "Extended",
        "return": 1.112672,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.06163,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-07-17",
        "tenure": "Established",
        "return": 0.059125,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.070622,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 24496.140625,
        "volume": 40984,
        "typical_volume": 255353.8,
        "trend": 24618.095182,
        "fair_value": 25646.161308,
        "relative_strength": 0.873148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 17.125532,
        "energy": 11.058772,
        "activity_lines": [
          25132.104557,
          25229.67983,
          25182.375772,
          24944.069582
        ]
      },
      {
        "date": "2023-08-25",
        "close": 24657.425781,
        "volume": 44308,
        "typical_volume": 256891.05,
        "trend": 24633.426628,
        "fair_value": 25666.781488,
        "relative_strength": 0.90321,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.664444,
        "energy": 13.118915,
        "activity_lines": [
          24924.64987,
          25118.333913,
          25145.851302,
          24946.60704
        ]
      },
      {
        "date": "2023-09-01",
        "close": 25079.609375,
        "volume": 7139,
        "typical_volume": 236207.95,
        "trend": 24665.327604,
        "fair_value": 25689.523713,
        "relative_strength": 0.802763,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.986747,
        "energy": 18.578238,
        "activity_lines": [
          24917.060286,
          25101.084446,
          25147.701237,
          24975.393023
        ]
      },
      {
        "date": "2023-09-08",
        "close": 24932.556641,
        "volume": 47017,
        "typical_volume": 219581.45,
        "trend": 24695.447656,
        "fair_value": 25709.745893,
        "relative_strength": 0.794625,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.599875,
        "energy": 19.295986,
        "activity_lines": [
          24887.65,
          25057.701882,
          25135.380329,
          24992.633606
        ]
      },
      {
        "date": "2023-09-15",
        "close": 25421.152344,
        "volume": 186248,
        "typical_volume": 227891.4,
        "trend": 24747.31582,
        "fair_value": 25732.457432,
        "relative_strength": 0.605968,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.684654,
        "energy": 12.547893,
        "activity_lines": [
          25059.053906,
          25107.208523,
          25168.789267,
          25039.453264
        ]
      },
      {
        "date": "2023-09-22",
        "close": 24576.783203,
        "volume": 16025,
        "typical_volume": 151730.1,
        "trend": 24779.152539,
        "fair_value": 25757.234513,
        "relative_strength": 0.832804,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.811947,
        "energy": 3.816002,
        "activity_lines": [
          24945.522656,
          24990.946271,
          25117.241741,
          25028.451159
        ]
      },
      {
        "date": "2023-09-29",
        "close": 24225.755859,
        "volume": 3710,
        "typical_volume": 151186.9,
        "trend": 24798.508073,
        "fair_value": 25776.577349,
        "relative_strength": 1.082706,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.300125,
        "energy": 25.473516,
        "activity_lines": [
          24709.60612,
          24830.784126,
          25031.495024,
          24992.748148
        ]
      },
      {
        "date": "2023-10-06",
        "close": 23661.259766,
        "volume": 2958,
        "typical_volume": 151301.65,
        "trend": 24811.218424,
        "fair_value": 25788.56255,
        "relative_strength": 0.992009,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -49.320845,
        "energy": 55.888646,
        "activity_lines": [
          24314.302214,
          24591.96321,
          24891.918992,
          24919.377289
        ]
      },
      {
        "date": "2023-10-13",
        "close": 24102.416016,
        "volume": 1788,
        "typical_volume": 116836.75,
        "trend": 24838.477995,
        "fair_value": 25806.121545,
        "relative_strength": 0.846177,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.039572,
        "energy": 61.945619,
        "activity_lines": [
          24160.607031,
          24466.558026,
          24799.621038,
          24873.648101
        ]
      },
      {
        "date": "2023-10-20",
        "close": 23367.158203,
        "volume": 2913,
        "typical_volume": 113912.95,
        "trend": 24834.519075,
        "fair_value": 25817.915753,
        "relative_strength": 1.060001,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -79.453554,
        "energy": 82.200774,
        "activity_lines": [
          23817.16862,
          24232.912784,
          24641.454874,
          24778.724244
        ]
      },
      {
        "date": "2023-10-27",
        "close": 22660.353516,
        "volume": 100532,
        "typical_volume": 106476.55,
        "trend": 24783.4375,
        "fair_value": 25830.52484,
        "relative_strength": 1.022997,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.375568,
        "energy": 90.932985,
        "activity_lines": [
          23375.061589,
          23907.15419,
          24425.574182,
          24638.455498
        ]
      },
      {
        "date": "2023-11-03",
        "close": 23281.769531,
        "volume": 11329,
        "typical_volume": 85965.65,
        "trend": 24750.417187,
        "fair_value": 25838.470778,
        "relative_strength": 0.876388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.999896,
        "energy": 79.69003,
        "activity_lines": [
          23267.855208,
          23727.758274,
          24283.920071,
          24541.573694
        ]
      },
      {
        "date": "2023-11-10",
        "close": 23713.441406,
        "volume": 58473,
        "typical_volume": 30826.85,
        "trend": 24706.038997,
        "fair_value": 25844.509991,
        "relative_strength": 0.935666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.070842,
        "energy": 64.792598,
        "activity_lines": [
          23367.471875,
          23651.860085,
          24194.468638,
          24474.67203
        ]
      },
      {
        "date": "2023-11-17",
        "close": 24235.242188,
        "volume": 345442,
        "typical_volume": 47845.95,
        "trend": 24688.416732,
        "fair_value": 25850.710011,
        "relative_strength": 0.602533,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.781741,
        "energy": 43.439503,
        "activity_lines": [
          23637.543359,
          23695.674183,
          24161.376209,
          24444.298043
        ]
      },
      {
        "date": "2023-11-24",
        "close": 24524.601563,
        "volume": 5243,
        "typical_volume": 48043.9,
        "trend": 24690.314193,
        "fair_value": 25853.82815,
        "relative_strength": 0.664995,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.452748,
        "energy": 19.475171,
        "activity_lines": [
          23995.212891,
          23804.777521,
          24160.224024,
          24433.729322
        ]
      },
      {
        "date": "2023-12-01",
        "close": 24576.783203,
        "volume": 97232,
        "typical_volume": 52468.7,
        "trend": 24695.6903,
        "fair_value": 25851.847456,
        "relative_strength": 0.501374,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -20.456457,
        "energy": 22.416501,
        "activity_lines": [
          24293.113412,
          23939.669354,
          24165.1032,
          24426.404742
        ]
      },
      {
        "date": "2023-12-08",
        "close": 24733.324219,
        "volume": 259987,
        "typical_volume": 64771.1,
        "trend": 24713.083724,
        "fair_value": 25848.47486,
        "relative_strength": 0.576747,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.345198,
        "energy": 22.106178,
        "activity_lines": [
          24515.432292,
          24103.023189,
          24190.10904,
          24428.832737
        ]
      },
      {
        "date": "2023-12-15",
        "close": 25041.660156,
        "volume": 5390,
        "typical_volume": 62027.3,
        "trend": 24722.254688,
        "fair_value": 25847.254069,
        "relative_strength": -0.02246,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 26.739041,
        "energy": 31.189452,
        "activity_lines": [
          24743.759505,
          24313.209588,
          24248.342876,
          24450.031216
        ]
      },
      {
        "date": "2023-12-22",
        "close": 25534.998047,
        "volume": 14893,
        "typical_volume": 62687.65,
        "trend": 24740.913021,
        "fair_value": 25847.034029,
        "relative_strength": 0.49728,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.278508,
        "energy": 47.315749,
        "activity_lines": [
          25047.984766,
          24587.995597,
          24355.684617,
          24502.466272
        ]
      },
      {
        "date": "2023-12-29",
        "close": 26289.238281,
        "volume": 12902,
        "typical_volume": 63225.65,
        "trend": 24771.114258,
        "fair_value": 25844.66733,
        "relative_strength": 1.262592,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.588239,
        "energy": 68.596195,
        "activity_lines": [
          25516.973047,
          24973.869247,
          24534.700632,
          24602.358224
        ]
      },
      {
        "date": "2024-01-05",
        "close": 25411.662109,
        "volume": 45618,
        "typical_volume": 63457.35,
        "trend": 24757.51582,
        "fair_value": 25819.849296,
        "relative_strength": 0.785495,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.163778,
        "energy": 59.221091,
        "activity_lines": [
          25575.793489,
          25147.054865,
          24625.755738,
          24643.683892
        ]
      },
      {
        "date": "2024-01-12",
        "close": 24937.298828,
        "volume": 5942,
        "typical_volume": 61539.05,
        "trend": 24735.06263,
        "fair_value": 25795.846392,
        "relative_strength": 0.952099,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.808979,
        "energy": 50.153571,
        "activity_lines": [
          25420.834245,
          25183.968821,
          24667.273763,
          24655.282796
        ]
      },
      {
        "date": "2024-01-19",
        "close": 24377.548828,
        "volume": 164979,
        "typical_volume": 69431.05,
        "trend": 24710.553711,
        "fair_value": 25765.655536,
        "relative_strength": 0.745016,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 7.839722,
        "energy": 16.956441,
        "activity_lines": [
          25065.693359,
          25089.009517,
          24654.149535,
          24632.217389
        ]
      },
      {
        "date": "2024-01-26",
        "close": 24572.041016,
        "volume": 37463,
        "typical_volume": 68953.35,
        "trend": 24691.104883,
        "fair_value": 25745.445651,
        "relative_strength": 1.275992,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.139298,
        "energy": 10.544161,
        "activity_lines": [
          24819.657292,
          25017.337749,
          24662.891518,
          24623.281086
        ]
      },
      {
        "date": "2024-02-02",
        "close": 25795.898438,
        "volume": 219672,
        "typical_volume": 70624.55,
        "trend": 24726.049675,
        "fair_value": 25724.317546,
        "relative_strength": 0.733599,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 23.677264,
        "energy": 16.596713,
        "activity_lines": [
          25045.770834,
          25162.061896,
          24789.908092,
          24694.55809
        ]
      },
      {
        "date": "2024-02-09",
        "close": 25814.871094,
        "volume": 596458,
        "typical_volume": 99646.2,
        "trend": 24730.793294,
        "fair_value": 25704.333459,
        "relative_strength": 0.59076,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.608287,
        "energy": 32.288871,
        "activity_lines": [
          25311.097917,
          25287.121129,
          24916.94708,
          24764.804633
        ]
      },
      {
        "date": "2024-02-16",
        "close": 26194.361328,
        "volume": 28143,
        "typical_volume": 100867.85,
        "trend": 24752.455859,
        "fair_value": 25686.343825,
        "relative_strength": 0.943189,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 72.229089,
        "energy": 68.015007,
        "activity_lines": [
          25676.041146,
          25458.667898,
          25074.232338,
          24859.228377
        ]
      },
      {
        "date": "2024-02-23",
        "close": 26346.160156,
        "volume": 14596,
        "typical_volume": 101449.75,
        "trend": 24781.075781,
        "fair_value": 25674.965069,
        "relative_strength": 0.781724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.278268,
        "energy": 79.003272,
        "activity_lines": [
          26007.779818,
          25631.250142,
          25236.600316,
          24962.048009
        ]
      },
      {
        "date": "2024-03-01",
        "close": 26203.851563,
        "volume": 17803,
        "typical_volume": 102250.5,
        "trend": 24804.4778,
        "fair_value": 25661.914613,
        "relative_strength": 1.159975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.178027,
        "energy": 77.208349,
        "activity_lines": [
          26160.841537,
          25754.239915,
          25372.629855,
          25053.839995
        ]
      },
      {
        "date": "2024-03-08",
        "close": 26497.955078,
        "volume": 72506,
        "typical_volume": 105730.15,
        "trend": 24842.110612,
        "fair_value": 25649.025954,
        "relative_strength": 0.813021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.884483,
        "energy": 79.380293,
        "activity_lines": [
          26303.150391,
          25918.542081,
          25526.662416,
          25163.096594
        ]
      },
      {
        "date": "2024-03-15",
        "close": 26554.882813,
        "volume": 25493,
        "typical_volume": 101978.2,
        "trend": 24910.735352,
        "fair_value": 25637.69987,
        "relative_strength": 1.494034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.614387,
        "energy": 73.870197,
        "activity_lines": [
          26417.63138,
          26089.399894,
          25671.20811,
          25273.598026
        ]
      },
      {
        "date": "2024-03-22",
        "close": 27285.398438,
        "volume": 25451,
        "typical_volume": 102684.3,
        "trend": 24998.33444,
        "fair_value": 25630.472368,
        "relative_strength": 1.145429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.667946,
        "energy": 73.645841,
        "activity_lines": [
          26726.283464,
          26372.292898,
          25866.781343,
          25426.802096
        ]
      },
      {
        "date": "2024-03-29",
        "close": 27380.273438,
        "volume": 2934,
        "typical_volume": 99907.35,
        "trend": 25075.023242,
        "fair_value": 25619.354467,
        "relative_strength": 1.528436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.002555,
        "energy": 80.696824,
        "activity_lines": [
          26993.82474,
          26629.743182,
          26052.325391,
          25580.47558
        ]
      },
      {
        "date": "2024-04-05",
        "close": 27062.451172,
        "volume": 379541,
        "typical_volume": 101612.3,
        "trend": 25146.019727,
        "fair_value": 25605.17682,
        "relative_strength": 1.503959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.412683,
        "energy": 77.952539,
        "activity_lines": [
          27086.484375,
          26774.812607,
          26190.139546,
          25708.696737
        ]
      },
      {
        "date": "2024-04-12",
        "close": 26645.009766,
        "volume": 14305,
        "typical_volume": 102065.4,
        "trend": 25186.814974,
        "fair_value": 25585.051595,
        "relative_strength": 1.106462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.044922,
        "energy": 64.568319,
        "activity_lines": [
          26982.756901,
          26798.703409,
          26274.734478,
          25805.405771
        ]
      },
      {
        "date": "2024-04-19",
        "close": 25810.126953,
        "volume": 13711,
        "typical_volume": 97889.35,
        "trend": 25227.926432,
        "fair_value": 25559.837427,
        "relative_strength": 1.29306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.442024,
        "energy": 36.39919,
        "activity_lines": [
          26590.931511,
          26655.358949,
          26269.719578,
          25845.619447
        ]
      },
      {
        "date": "2024-04-26",
        "close": 26422.058594,
        "volume": 8957,
        "typical_volume": 85337.85,
        "trend": 25301.136524,
        "fair_value": 25540.680351,
        "relative_strength": 1.145121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.70629,
        "energy": 22.647579,
        "activity_lines": [
          26452.733724,
          26623.361044,
          26317.110817,
          25922.660232
        ]
      },
      {
        "date": "2024-05-03",
        "close": 26696.28125,
        "volume": 6153,
        "typical_volume": 85376.0,
        "trend": 25402.303906,
        "fair_value": 25520.251815,
        "relative_strength": 1.377914,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.560573,
        "energy": 24.712759,
        "activity_lines": [
          26463.499479,
          26637.081854,
          26382.576907,
          26012.669569
        ]
      },
      {
        "date": "2024-05-10",
        "close": 27148.519531,
        "volume": 14183,
        "typical_volume": 85340.5,
        "trend": 25503.84069,
        "fair_value": 25505.18725,
        "relative_strength": 1.133562,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.739017,
        "energy": 28.288881,
        "activity_lines": [
          26670.610807,
          26726.661967,
          26483.234161,
          26125.328642
        ]
      },
      {
        "date": "2024-05-17",
        "close": 27100.410156,
        "volume": 29580,
        "typical_volume": 86174.4,
        "trend": 25628.282422,
        "fair_value": 25489.45792,
        "relative_strength": 1.028871,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.628393,
        "energy": 42.002415,
        "activity_lines": [
          26855.947786,
          26790.319141,
          26571.626135,
          26228.333123
        ]
      },
      {
        "date": "2024-05-24",
        "close": 26739.585938,
        "volume": 1870,
        "typical_volume": 83987.0,
        "trend": 25764.256836,
        "fair_value": 25469.960362,
        "relative_strength": 1.019574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.549764,
        "energy": 39.522774,
        "activity_lines": [
          26890.65,
          26777.418182,
          26621.791174,
          26300.030124
        ]
      },
      {
        "date": "2024-05-31",
        "close": 26258.484375,
        "volume": 8279,
        "typical_volume": 84103.85,
        "trend": 25863.480664,
        "fair_value": 25445.329565,
        "relative_strength": 1.084122,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.461066,
        "energy": 29.131225,
        "activity_lines": [
          26703.021094,
          26673.685973,
          26619.81357,
          26331.915772
        ]
      },
      {
        "date": "2024-06-07",
        "close": 27033.056641,
        "volume": 57625,
        "typical_volume": 78736.15,
        "trend": 25974.134505,
        "fair_value": 25424.357222,
        "relative_strength": 0.74299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.972573,
        "energy": 30.249489,
        "activity_lines": [
          26784.487891,
          26729.45625,
          26685.313393,
          26407.372287
        ]
      },
      {
        "date": "2024-06-14",
        "close": 27470.857422,
        "volume": 82319,
        "typical_volume": 80978.95,
        "trend": 26081.988346,
        "fair_value": 25405.359738,
        "relative_strength": 1.007252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.209455,
        "energy": 35.152766,
        "activity_lines": [
          26989.436589,
          26871.139702,
          26779.863253,
          26503.935056
        ]
      },
      {
        "date": "2024-06-21",
        "close": 27677.728516,
        "volume": 11763,
        "typical_volume": 70583.5,
        "trend": 26187.092578,
        "fair_value": 25386.292531,
        "relative_strength": 0.79006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.896839,
        "energy": 43.437971,
        "activity_lines": [
          27241.853125,
          27043.010512,
          26880.311235,
          26606.886034
        ]
      },
      {
        "date": "2024-06-28",
        "close": 27855.736328,
        "volume": 91647,
        "typical_volume": 45342.95,
        "trend": 26296.391016,
        "fair_value": 25368.871232,
        "relative_strength": 0.91787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.829063,
        "energy": 69.218783,
        "activity_lines": [
          27515.117708,
          27228.469673,
          26988.751246,
          26714.54047
        ]
      },
      {
        "date": "2024-07-05",
        "close": 28529.279297,
        "volume": 733865,
        "typical_volume": 80629.05,
        "trend": 26422.922852,
        "fair_value": 25359.925393,
        "relative_strength": 0.998042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.945341,
        "energy": 80.523785,
        "activity_lines": [
          27938.486589,
          27499.198296,
          27151.619801,
          26858.597778
        ]
      },
      {
        "date": "2024-07-12",
        "close": 28409.005859,
        "volume": 71466,
        "typical_volume": 83472.55,
        "trend": 26535.167708,
        "fair_value": 25346.169521,
        "relative_strength": 0.721837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.434982,
        "energy": 81.054323,
        "activity_lines": [
          28170.377995,
          27709.745916,
          27291.915086,
          26986.732166
        ]
      },
      {
        "date": "2024-07-19",
        "close": 27860.548828,
        "volume": 13773,
        "typical_volume": 83271.05,
        "trend": 26612.686068,
        "fair_value": 25330.085825,
        "relative_strength": 0.916789,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.559985,
        "energy": 73.171423,
        "activity_lines": [
          28127.720443,
          27789.433629,
          27370.153292,
          27072.240625
        ]
      },
      {
        "date": "2024-07-26",
        "close": 27225.496094,
        "volume": 10380,
        "typical_volume": 80164.75,
        "trend": 26643.894662,
        "fair_value": 25313.406075,
        "relative_strength": 0.872761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.19451,
        "energy": 44.876839,
        "activity_lines": [
          27847.399219,
          27740.711222,
          27380.021252,
          27111.776756
        ]
      },
      {
        "date": "2024-08-02",
        "close": 26679.28125,
        "volume": 9375,
        "typical_volume": 79358.85,
        "trend": 26686.148633,
        "fair_value": 25288.918582,
        "relative_strength": 0.873083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 22.907474,
        "energy": 13.612006,
        "activity_lines": [
          27415.155208,
          27590.402734,
          27334.404269,
          27114.059762
        ]
      },
      {
        "date": "2024-08-09",
        "close": 25801.232422,
        "volume": 836786,
        "typical_volume": 119925.6,
        "trend": 26714.946419,
        "fair_value": 25265.247271,
        "relative_strength": 0.825874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -2.230039,
        "energy": 19.210425,
        "activity_lines": [
          26768.658594,
          27281.545455,
          27204.571215,
          27056.968393
        ]
      },
      {
        "date": "2024-08-16",
        "close": 26877.082031,
        "volume": 8444,
        "typical_volume": 120201.1,
        "trend": 26798.264193,
        "fair_value": 25255.243803,
        "relative_strength": 0.757367,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.445478,
        "energy": 24.41362,
        "activity_lines": [
          26662.648307,
          27176.610866,
          27184.267485,
          27067.428755
        ]
      },
      {
        "date": "2024-08-23",
        "close": 26963.925781,
        "volume": 588640,
        "typical_volume": 130656.05,
        "trend": 26877.993685,
        "fair_value": 25241.312462,
        "relative_strength": 0.878328,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.909855,
        "energy": 23.710021,
        "activity_lines": [
          26687.714193,
          27090.301953,
          27174.630738,
          27078.1166
        ]
      },
      {
        "date": "2024-08-30",
        "close": 26703.402344,
        "volume": 147993,
        "typical_volume": 137340.45,
        "trend": 26908.243815,
        "fair_value": 25221.55326,
        "relative_strength": 0.886741,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.529875,
        "energy": 20.950377,
        "activity_lines": [
          26685.713802,
          26965.842081,
          27140.651404,
          27066.852642
        ]
      },
      {
        "date": "2024-09-06",
        "close": 25391.148438,
        "volume": 269297,
        "typical_volume": 150119.75,
        "trend": 26894.119727,
        "fair_value": 25197.510329,
        "relative_strength": 0.793746,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -36.114302,
        "energy": 35.919548,
        "activity_lines": [
          26281.101693,
          26620.505611,
          26981.417448,
          26968.975521
        ]
      },
      {
        "date": "2024-09-13",
        "close": 25680.617188,
        "volume": 107538,
        "typical_volume": 155048.8,
        "trend": 26876.994922,
        "fair_value": 25174.699281,
        "relative_strength": 0.67172,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.968513,
        "energy": 45.144364,
        "activity_lines": [
          26058.854688,
          26372.610512,
          26851.74708,
          26890.685035
        ]
      },
      {
        "date": "2024-09-20",
        "close": 25849.472656,
        "volume": 9504,
        "typical_volume": 155216.35,
        "trend": 26860.438672,
        "fair_value": 25153.891301,
        "relative_strength": 0.598934,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.084037,
        "energy": 58.874982,
        "activity_lines": [
          25900.933854,
          26207.210263,
          26741.688858,
          26824.393275
        ]
      },
      {
        "date": "2024-09-27",
        "close": 26500.775391,
        "volume": 19102,
        "typical_volume": 155462.3,
        "trend": 26870.336133,
        "fair_value": 25143.346655,
        "relative_strength": 0.904079,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.998641,
        "energy": 50.670814,
        "activity_lines": [
          26028.621224,
          26206.765661,
          26697.69189,
          26801.189193
        ]
      },
      {
        "date": "2024-10-04",
        "close": 25714.388672,
        "volume": 9750,
        "typical_volume": 154470.8,
        "trend": 26844.217253,
        "fair_value": 25131.206142,
        "relative_strength": 0.924679,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.827212,
        "energy": 41.9378,
        "activity_lines": [
          25925.05638,
          26088.064808,
          26581.885445,
          26726.611937
        ]
      },
      {
        "date": "2024-10-11",
        "close": 26003.855469,
        "volume": 17473,
        "typical_volume": 155250.95,
        "trend": 26825.849675,
        "fair_value": 25117.654297,
        "relative_strength": 0.952588,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.2816,
        "energy": 31.509479,
        "activity_lines": [
          25983.914714,
          26049.468963,
          26500.247368,
          26672.395048
        ]
      },
      {
        "date": "2024-10-18",
        "close": 25931.488281,
        "volume": 5617,
        "typical_volume": 155117.85,
        "trend": 26780.719336,
        "fair_value": 25104.173127,
        "relative_strength": 0.760581,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.116648,
        "energy": 29.202339,
        "activity_lines": [
          25977.803516,
          26009.995916,
          26415.220657,
          26614.694313
        ]
      },
      {
        "date": "2024-10-25",
        "close": 25820.525391,
        "volume": 43155,
        "typical_volume": 154394.35,
        "trend": 26728.727734,
        "fair_value": 25091.881423,
        "relative_strength": 0.708912,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.709382,
        "energy": 32.929473,
        "activity_lines": [
          25917.979948,
          25947.97951,
          26321.183175,
          26552.746316
        ]
      },
      {
        "date": "2024-11-01",
        "close": 25451.615234,
        "volume": 3307,
        "typical_volume": 150443.75,
        "trend": 26675.033203,
        "fair_value": 25077.1952,
        "relative_strength": 0.832136,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.781113,
        "energy": 37.574837,
        "activity_lines": [
          25737.116146,
          25838.098651,
          26197.785352,
          26470.351962
        ]
      },
      {
        "date": "2024-11-08",
        "close": 25616.195313,
        "volume": 2746,
        "typical_volume": 149992.9,
        "trend": 26640.739388,
        "fair_value": 25063.83128,
        "relative_strength": 0.708245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.306353,
        "energy": 52.350339,
        "activity_lines": [
          25681.05638,
          25785.637997,
          26099.67726,
          26402.03984
        ]
      },
      {
        "date": "2024-11-15",
        "close": 24188.232422,
        "volume": 34493,
        "typical_volume": 147135.2,
        "trend": 26586.676237,
        "fair_value": 25041.076159,
        "relative_strength": 0.733399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.356764,
        "energy": 77.733366,
        "activity_lines": [
          25155.555208,
          25493.315128,
          25875.389528,
          26243.813584
        ]
      },
      {
        "date": "2024-11-22",
        "close": 25035.328125,
        "volume": 22292,
        "typical_volume": 111556.55,
        "trend": 26540.451888,
        "fair_value": 25025.919133,
        "relative_strength": 0.707634,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.739327,
        "energy": 69.690673,
        "activity_lines": [
          25033.460807,
          25376.880859,
          25749.241881,
          26143.726609
        ]
      },
      {
        "date": "2024-11-29",
        "close": 24546.431641,
        "volume": 6065,
        "typical_volume": 108286.5,
        "trend": 26468.790234,
        "fair_value": 25005.549229,
        "relative_strength": 0.527756,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.770184,
        "energy": 73.512347,
        "activity_lines": [
          24808.144922,
          25183.28885,
          25593.170527,
          26015.080141
        ]
      },
      {
        "date": "2024-12-06",
        "close": 24304.404297,
        "volume": 102475,
        "typical_volume": 112721.6,
        "trend": 26373.986393,
        "fair_value": 24981.341033,
        "relative_strength": 0.637854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.443891,
        "energy": 78.430206,
        "activity_lines": [
          24587.092839,
          24969.383523,
          25432.44216,
          25875.442339
        ]
      },
      {
        "date": "2024-12-13",
        "close": 24894.953125,
        "volume": 13406,
        "typical_volume": 112872.9,
        "trend": 26300.471159,
        "fair_value": 24961.037222,
        "relative_strength": 0.302243,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.827121,
        "energy": 49.408758,
        "activity_lines": [
          24639.371094,
          24902.78473,
          25344.89056,
          25780.020838
        ]
      },
      {
        "date": "2024-12-20",
        "close": 23946.205078,
        "volume": 252771,
        "typical_volume": 125042.7,
        "trend": 26207.358464,
        "fair_value": 24934.028007,
        "relative_strength": 0.077338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.728145,
        "energy": 55.840815,
        "activity_lines": [
          24423.482813,
          24678.585121,
          25178.079827,
          25628.132703
        ]
      },
      {
        "date": "2024-12-27",
        "close": 24202.753906,
        "volume": 5389,
        "typical_volume": 83472.85,
        "trend": 26138.834115,
        "fair_value": 24908.574244,
        "relative_strength": 1.091455,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.248104,
        "energy": 51.184423,
        "activity_lines": [
          24309.245963,
          24538.442578,
          25048.716964,
          25498.803377
        ]
      },
      {
        "date": "2025-01-03",
        "close": 24522.228516,
        "volume": 39749,
        "typical_volume": 85038.1,
        "trend": 26055.139844,
        "fair_value": 24886.593963,
        "relative_strength": 0.831504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.391091,
        "energy": 45.349453,
        "activity_lines": [
          24357.005599,
          24487.817862,
          24957.392057,
          25394.506242
        ]
      },
      {
        "date": "2025-01-10",
        "close": 25316.080078,
        "volume": 9742,
        "typical_volume": 56093.2,
        "trend": 25983.313932,
        "fair_value": 24871.365585,
        "relative_strength": 1.003117,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.466813,
        "energy": 32.354847,
        "activity_lines": [
          24670.995964,
          24605.135192,
          24952.885649,
          25346.824966
        ]
      },
      {
        "date": "2025-01-17",
        "close": 25359.646484,
        "volume": 159712,
        "typical_volume": 56679.15,
        "trend": 25906.044531,
        "fair_value": 24861.76232,
        "relative_strength": 0.828299,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.67867,
        "energy": 17.532114,
        "activity_lines": [
          24932.063411,
          24732.837962,
          24960.375307,
          25306.588357
        ]
      },
      {
        "date": "2025-01-24",
        "close": 25432.255859,
        "volume": 146642,
        "typical_volume": 50546.4,
        "trend": 25825.261849,
        "fair_value": 24861.979693,
        "relative_strength": 0.567209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.831639,
        "energy": 19.294864,
        "activity_lines": [
          25186.354427,
          24878.40696,
          24981.178981,
          25276.021346
        ]
      },
      {
        "date": "2025-01-31",
        "close": 25291.876953,
        "volume": 1257,
        "typical_volume": 45232.35,
        "trend": 25717.348438,
        "fair_value": 24856.575058,
        "relative_strength": 0.748365,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.88143,
        "energy": 21.489525,
        "activity_lines": [
          25294.782422,
          24975.833913,
          24988.417485,
          25241.609417
        ]
      },
      {
        "date": "2025-02-07",
        "close": 25325.763672,
        "volume": 28840,
        "typical_volume": 46199.15,
        "trend": 25614.573698,
        "fair_value": 24850.942132,
        "relative_strength": 0.664375,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.979725,
        "energy": 15.534636,
        "activity_lines": [
          25341.897786,
          25074.757564,
          25000.73444,
          25216.345884
        ]
      },
      {
        "date": "2025-02-14",
        "close": 26042.164063,
        "volume": 282975,
        "typical_volume": 59392.8,
        "trend": 25553.960872,
        "fair_value": 24850.139123,
        "relative_strength": 0.718815,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.097536,
        "energy": 26.229245,
        "activity_lines": [
          25574.244271,
          25289.766158,
          25083.773856,
          25243.932359
        ]
      },
      {
        "date": "2025-02-21",
        "close": 26681.117188,
        "volume": 760960,
        "typical_volume": 96953.3,
        "trend": 25535.814909,
        "fair_value": 24857.500739,
        "relative_strength": 0.686463,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.702762,
        "energy": 45.455948,
        "activity_lines": [
          25971.169532,
          25589.352415,
          25229.849814,
          25316.652121
        ]
      },
      {
        "date": "2025-02-28",
        "close": 25582.3125,
        "volume": 154907,
        "typical_volume": 103825.0,
        "trend": 25499.249284,
        "fair_value": 24855.591309,
        "relative_strength": 1.146675,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 18.088235,
        "energy": 35.976679,
        "activity_lines": [
          25913.728516,
          25656.680291,
          25266.674237,
          25319.651966
        ]
      },
      {
        "date": "2025-03-07",
        "close": 25882.423828,
        "volume": 183374,
        "typical_volume": 112712.85,
        "trend": 25501.955664,
        "fair_value": 24858.753781,
        "relative_strength": 1.066727,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 17.523841,
        "energy": 35.588213,
        "activity_lines": [
          25946.320833,
          25748.826456,
          25334.088039,
          25344.372904
        ]
      },
      {
        "date": "2025-03-14",
        "close": 25955.033203,
        "volume": 224693,
        "typical_volume": 121789.75,
        "trend": 25471.220703,
        "fair_value": 24859.619679,
        "relative_strength": 1.206098,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.710646,
        "energy": 28.40198,
        "activity_lines": [
          25963.746484,
          25823.634872,
          25408.65066,
          25373.603713
        ]
      },
      {
        "date": "2025-03-21",
        "close": 26671.435547,
        "volume": 50139,
        "typical_volume": 124131.35,
        "trend": 25461.471029,
        "fair_value": 24863.682041,
        "relative_strength": 0.947086,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.417417,
        "energy": 32.926459,
        "activity_lines": [
          26178.021615,
          26002.647266,
          25550.801563,
          25451.036929
        ]
      },
      {
        "date": "2025-03-28",
        "close": 26017.958984,
        "volume": 92140,
        "typical_volume": 128601.05,
        "trend": 25438.622917,
        "fair_value": 24863.020871,
        "relative_strength": 1.712126,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 52.212266,
        "energy": 35.949295,
        "activity_lines": [
          26132.519792,
          26038.202912,
          25624.907933,
          25486.939378
        ]
      },
      {
        "date": "2025-04-04",
        "close": 25054.691406,
        "volume": 135496,
        "typical_volume": 133651.2,
        "trend": 25427.407682,
        "fair_value": 24858.323242,
        "relative_strength": 1.586187,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 24.065253,
        "energy": 15.653182,
        "activity_lines": [
          25810.139323,
          25886.64968,
          25605.361375,
          25462.169603
        ]
      },
      {
        "date": "2025-04-11",
        "close": 24740.054688,
        "volume": 76784,
        "typical_volume": 136375.8,
        "trend": 25396.055599,
        "fair_value": 24852.024489,
        "relative_strength": 1.613049,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.958194,
        "energy": 9.649298,
        "activity_lines": [
          25418.054688,
          25684.754581,
          25551.723419,
          25417.824248
        ]
      },
      {
        "date": "2025-04-18",
        "close": 25224.109375,
        "volume": 237846,
        "typical_volume": 147964.85,
        "trend": 25375.210156,
        "fair_value": 24848.204978,
        "relative_strength": 1.447352,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.386794,
        "energy": 12.908656,
        "activity_lines": [
          25263.479557,
          25580.902557,
          25545.591974,
          25406.730943
        ]
      },
      {
        "date": "2025-04-25",
        "close": 25892.103516,
        "volume": 19513,
        "typical_volume": 143816.75,
        "trend": 25354.921094,
        "fair_value": 24849.285332,
        "relative_strength": 1.519133,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.662147,
        "energy": 20.576472,
        "activity_lines": [
          25380.297396,
          25600.352273,
          25599.851981,
          25440.078902
        ]
      },
      {
        "date": "2025-05-02",
        "close": 26038.132813,
        "volume": 52942,
        "typical_volume": 145793.55,
        "trend": 25365.712565,
        "fair_value": 24854.33257,
        "relative_strength": 1.515056,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.970546,
        "energy": 13.02402,
        "activity_lines": [
          25597.747136,
          25649.081144,
          25660.459068,
          25484.157078
        ]
      },
      {
        "date": "2025-05-09",
        "close": 26232.625,
        "volume": 10173,
        "typical_volume": 133663.65,
        "trend": 25373.338216,
        "fair_value": 24863.477314,
        "relative_strength": 1.535765,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.852757,
        "energy": 30.596594,
        "activity_lines": [
          25878.682683,
          25744.862855,
          25734.145508,
          25540.086912
        ]
      },
      {
        "date": "2025-05-16",
        "close": 26733.453125,
        "volume": 23020,
        "typical_volume": 134545.2,
        "trend": 25400.070378,
        "fair_value": 24873.581869,
        "relative_strength": 1.475625,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 62.94675,
        "energy": 53.395432,
        "activity_lines": [
          26248.032031,
          25919.880362,
          25844.64215,
          25627.836261
        ]
      },
      {
        "date": "2025-05-23",
        "close": 26363.914063,
        "volume": 80217,
        "typical_volume": 136568.6,
        "trend": 25418.183333,
        "fair_value": 24881.467648,
        "relative_strength": 1.372583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.793025,
        "energy": 60.563564,
        "activity_lines": [
          26361.308464,
          26012.235689,
          25907.893648,
          25690.019725
        ]
      },
      {
        "date": "2025-05-30",
        "close": 27511.4375,
        "volume": 22863,
        "typical_volume": 137224.65,
        "trend": 25486.844076,
        "fair_value": 24894.668783,
        "relative_strength": 1.598323,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.889523,
        "energy": 77.155169,
        "activity_lines": [
          26781.105729,
          26305.797443,
          26071.66316,
          25825.06838
        ]
      },
      {
        "date": "2025-06-06",
        "close": 28663.826172,
        "volume": 40469,
        "typical_volume": 131262.5,
        "trend": 25588.431771,
        "fair_value": 24919.818272,
        "relative_strength": 1.497022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.747813,
        "energy": 87.742981,
        "activity_lines": [
          27477.076953,
          26793.611648,
          26334.729892,
          26030.034967
        ]
      },
      {
        "date": "2025-06-13",
        "close": 29577.957031,
        "volume": 526643,
        "typical_volume": 150262.55,
        "trend": 25768.089258,
        "fair_value": 24959.950033,
        "relative_strength": 1.695834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.257811,
        "energy": 95.844837,
        "activity_lines": [
          28302.71224,
          27399.524787,
          26669.122517,
          26287.423694
        ]
      },
      {
        "date": "2025-06-20",
        "close": 30735.207031,
        "volume": 295708,
        "typical_volume": 164985.1,
        "trend": 25958.085221,
        "fair_value": 25012.001277,
        "relative_strength": 1.181217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.082892,
        "energy": 97.801022,
        "activity_lines": [
          29291.075391,
          28133.605824,
          27093.987993,
          26607.882905
        ]
      },
      {
        "date": "2025-06-27",
        "close": 31177.683594,
        "volume": 112041,
        "typical_volume": 169145.15,
        "trend": 26179.126953,
        "fair_value": 25070.459886,
        "relative_strength": 1.444813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.23976,
        "energy": 96.307028,
        "activity_lines": [
          30160.147135,
          28839.134375,
          27535.073475,
          26944.631187
        ]
      },
      {
        "date": "2025-07-04",
        "close": 31192.271484,
        "volume": 134637,
        "typical_volume": 161728.25,
        "trend": 26408.722526,
        "fair_value": 25126.161233,
        "relative_strength": 1.499858,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.228245,
        "energy": 93.205354,
        "activity_lines": [
          30713.163542,
          29439.068466,
          27949.681994,
          27268.059866
        ]
      },
      {
        "date": "2025-07-11",
        "close": 32320.349609,
        "volume": 69754,
        "typical_volume": 127167.95,
        "trend": 26656.235742,
        "fair_value": 25190.234162,
        "relative_strength": 1.102175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.298466,
        "energy": 96.03482,
        "activity_lines": [
          31396.817057,
          30147.74098,
          28447.202204,
          27649.455162
        ]
      },
      {
        "date": "2025-07-18",
        "close": 32480.804688,
        "volume": 23483,
        "typical_volume": 120596.75,
        "trend": 26940.722396,
        "fair_value": 25251.434595,
        "relative_strength": 1.169212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.459568,
        "energy": 93.575783,
        "activity_lines": [
          31890.18737,
          30771.365021,
          28933.150363,
          28025.233804
        ]
      },
      {
        "date": "2025-07-25",
        "close": 32529.427734,
        "volume": 22741,
        "typical_volume": 112565.1,
        "trend": 27218.27819,
        "fair_value": 25309.645833,
        "relative_strength": 1.026735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.519586,
        "energy": 88.980828,
        "activity_lines": [
          32206.242187,
          31290.226349,
          29390.879325,
          28385.795439
        ]
      },
      {
        "date": "2025-08-01",
        "close": 31816.669922,
        "volume": 80861,
        "typical_volume": 105373.5,
        "trend": 27461.426237,
        "fair_value": 25361.067508,
        "relative_strength": 1.196324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.088157,
        "energy": 67.730706,
        "activity_lines": [
          32165.096354,
          31574.113991,
          29749.074191,
          28682.465873
        ]
      },
      {
        "date": "2025-08-08",
        "close": 32712.21875,
        "volume": 234137,
        "typical_volume": 114573.4,
        "trend": 27707.964193,
        "fair_value": 25416.009265,
        "relative_strength": 1.06517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.369362,
        "energy": 68.811315,
        "activity_lines": [
          32379.867708,
          31921.687678,
          30164.646866,
          29021.22668
        ]
      },
      {
        "date": "2025-08-15",
        "close": 32849.996094,
        "volume": 19709,
        "typical_volume": 110951.85,
        "trend": 27957.642513,
        "fair_value": 25473.904785,
        "relative_strength": 0.956217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.48796,
        "energy": 67.489548,
        "activity_lines": [
          32539.235026,
          32199.752131,
          30564.575558,
          29352.970674
        ]
      },
      {
        "date": "2025-08-22",
        "close": 32343.175781,
        "volume": 33849,
        "typical_volume": 105869.5,
        "trend": 28188.00651,
        "fair_value": 25529.061599,
        "relative_strength": 1.140754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.248593,
        "energy": 61.658389,
        "activity_lines": [
          32494.352474,
          32309.555256,
          30883.702139,
          29635.908304
        ]
      },
      {
        "date": "2025-08-29",
        "close": 32525.238281,
        "volume": 360997,
        "typical_volume": 120080.15,
        "trend": 28429.118555,
        "fair_value": 25589.856683,
        "relative_strength": 1.115351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.334978,
        "energy": 61.774805,
        "activity_lines": [
          32519.332682,
          32402.183949,
          31185.460937,
          29915.729709
        ]
      },
      {
        "date": "2025-09-05",
        "close": 32731.902344,
        "volume": 17636,
        "typical_volume": 109069.65,
        "trend": 28675.989844,
        "fair_value": 25653.746995,
        "relative_strength": 1.106306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.168238,
        "energy": 60.777989,
        "activity_lines": [
          32613.480208,
          32499.841903,
          31469.829725,
          30193.328663
        ]
      },
      {
        "date": "2025-09-12",
        "close": 34596.8125,
        "volume": 27717,
        "typical_volume": 109479.85,
        "trend": 28961.144792,
        "fair_value": 25729.801921,
        "relative_strength": 0.832095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.759524,
        "energy": 70.362904,
        "activity_lines": [
          33268.248958,
          32908.315909,
          31896.057608,
          30575.317221
        ]
      },
      {
        "date": "2025-09-19",
        "close": 35128.238281,
        "volume": 74584,
        "typical_volume": 110561.95,
        "trend": 29242.715495,
        "fair_value": 25814.364821,
        "relative_strength": 0.860127,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.864546,
        "energy": 86.349235,
        "activity_lines": [
          33974.520052,
          33351.512038,
          32331.446475,
          30973.19422
        ]
      },
      {
        "date": "2025-09-26",
        "close": 34562.371094,
        "volume": 59069,
        "typical_volume": 113006.75,
        "trend": 29542.050781,
        "fair_value": 25903.312538,
        "relative_strength": 0.930515,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.613843,
        "energy": 85.231649,
        "activity_lines": [
          34340.285938,
          33640.770703,
          32669.657013,
          31316.397807
        ]
      },
      {
        "date": "2025-10-03",
        "close": 36304.269531,
        "volume": 167895,
        "typical_volume": 120250.5,
        "trend": 29889.445638,
        "fair_value": 25998.624975,
        "relative_strength": 1.100886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.765573,
        "energy": 94.033718,
        "activity_lines": [
          35138.738281,
          34208.891513,
          33134.097182,
          31752.669985
        ]
      },
      {
        "date": "2025-10-10",
        "close": 36904.582031,
        "volume": 6964,
        "typical_volume": 116587.85,
        "trend": 30254.430599,
        "fair_value": 26099.045898,
        "relative_strength": 0.985345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.25012,
        "energy": 95.384159,
        "activity_lines": [
          35885.359375,
          34817.526562,
          33610.134654,
          32205.25943
        ]
      },
      {
        "date": "2025-10-17",
        "close": 38277.433594,
        "volume": 110138,
        "typical_volume": 120951.6,
        "trend": 30641.297201,
        "fair_value": 26208.417193,
        "relative_strength": 0.837465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.168921,
        "energy": 94.311352,
        "activity_lines": [
          36811.41901,
          35583.263494,
          34166.726237,
          32722.872526
        ]
      },
      {
        "date": "2025-10-24",
        "close": 40270.277344,
        "volume": 42047,
        "typical_volume": 121030.5,
        "trend": 31116.374479,
        "fair_value": 26327.292255,
        "relative_strength": 0.858456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.68972,
        "energy": 97.191571,
        "activity_lines": [
          38156.385156,
          36610.149929,
          34861.845815,
          33344.097051
        ]
      },
      {
        "date": "2025-10-31",
        "close": 41919.636719,
        "volume": 423999,
        "typical_volume": 115898.3,
        "trend": 31678.539323,
        "fair_value": 26451.428686,
        "relative_strength": 0.711408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.968033,
        "energy": 98.245708,
        "activity_lines": [
          39708.335156,
          37802.005682,
          35658.778423,
          34041.081712
        ]
      },
      {
        "date": "2025-11-07",
        "close": 40472.085938,
        "volume": 116090,
        "typical_volume": 106917.4,
        "trend": 32202.940365,
        "fair_value": 26558.153721,
        "relative_strength": 0.969631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.751029,
        "energy": 79.039921,
        "activity_lines": [
          40287.283854,
          38556.552912,
          36259.079148,
          34608.4073
        ]
      },
      {
        "date": "2025-11-14",
        "close": 41089.644531,
        "volume": 105782,
        "typical_volume": 106604.45,
        "trend": 32731.791536,
        "fair_value": 26670.968074,
        "relative_strength": 0.988103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.986093,
        "energy": 70.429581,
        "activity_lines": [
          40794.23099,
          39278.895384,
          36871.828888,
          35181.743053
        ]
      },
      {
        "date": "2025-11-21",
        "close": 39444.476563,
        "volume": 101139,
        "typical_volume": 104929.55,
        "trend": 33183.537305,
        "fair_value": 26773.986666,
        "relative_strength": 0.884121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.770705,
        "energy": 67.157567,
        "activity_lines": [
          40473.784636,
          39550.157458,
          37280.69615,
          35614.819506
        ]
      },
      {
        "date": "2025-11-28",
        "close": 40313.992188,
        "volume": 50695,
        "typical_volume": 103976.6,
        "trend": 33659.399284,
        "fair_value": 26882.489058,
        "relative_strength": 1.130298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.683586,
        "energy": 62.777545,
        "activity_lines": [
          40365.373959,
          39891.373935,
          37733.078209,
          36074.848853
        ]
      },
      {
        "date": "2025-12-05",
        "close": 41959.160156,
        "volume": 44050,
        "typical_volume": 105004.95,
        "trend": 34183.617122,
        "fair_value": 27004.808281,
        "relative_strength": 0.761381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.330872,
        "energy": 64.903927,
        "activity_lines": [
          40802.438281,
          40437.425426,
          38304.077967,
          36610.317297
        ]
      },
      {
        "date": "2025-12-12",
        "close": 42631.058594,
        "volume": 103488,
        "typical_volume": 109042.3,
        "trend": 34713.537305,
        "fair_value": 27133.17503,
        "relative_strength": 0.6785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.074532,
        "energy": 66.554198,
        "activity_lines": [
          41460.833854,
          40971.153196,
          38893.933027,
          37155.313521
        ]
      },
      {
        "date": "2025-12-19",
        "close": 41252.675781,
        "volume": 84927,
        "typical_volume": 109245.6,
        "trend": 35209.829362,
        "fair_value": 27254.926583,
        "relative_strength": 0.918521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.598005,
        "energy": 58.717584,
        "activity_lines": [
          41515.836979,
          41139.233381,
          39304.410528,
          37577.193422
        ]
      },
      {
        "date": "2025-12-26",
        "close": 42295.109375,
        "volume": 25652,
        "typical_volume": 98821.35,
        "trend": 35702.618424,
        "fair_value": 27386.271184,
        "relative_strength": 0.700672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.550923,
        "energy": 60.865805,
        "activity_lines": [
          41907.449219,
          41417.790696,
          39769.234059,
          38034.308262
        ]
      },
      {
        "date": "2026-01-02",
        "close": 44300.929688,
        "volume": 522942,
        "typical_volume": 123983.0,
        "trend": 36223.855208,
        "fair_value": 27527.622822,
        "relative_strength": 1.026814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.143564,
        "energy": 67.589198,
        "activity_lines": [
          42777.626042,
          41987.993963,
          40379.455283,
          38589.038021
        ]
      },
      {
        "date": "2026-01-09",
        "close": 47028.050781,
        "volume": 138940,
        "typical_volume": 129237.55,
        "trend": 36805.525,
        "fair_value": 27680.274352,
        "relative_strength": 0.739462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.635857,
        "energy": 74.39849,
        "activity_lines": [
          44291.047396,
          42980.752841,
          41194.87407,
          39286.082897
        ]
      },
      {
        "date": "2026-01-16",
        "close": 49666.246094,
        "volume": 609087,
        "typical_volume": 141642.05,
        "trend": 37436.559635,
        "fair_value": 27849.507287,
        "relative_strength": 0.758935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.23793,
        "energy": 95.563402,
        "activity_lines": [
          46345.941146,
          44360.303338,
          42191.621577,
          40115.806838
        ]
      },
      {
        "date": "2026-01-23",
        "close": 51276.832031,
        "volume": 125025,
        "typical_volume": 147011.5,
        "trend": 38106.53125,
        "fair_value": 28023.092861,
        "relative_strength": 0.865631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.761934,
        "energy": 96.657052,
        "activity_lines": [
          48468.684375,
          45865.521094,
          43260.134375,
          41008.727638
        ]
      },
      {
        "date": "2026-01-30",
        "close": 53758.042969,
        "volume": 335818,
        "typical_volume": 162416.55,
        "trend": 38858.723633,
        "fair_value": 28213.063777,
        "relative_strength": 0.957804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.135027,
        "energy": 97.344842,
        "activity_lines": [
          50750.220833,
          47636.64652,
          44476.643787,
          42018.502587
        ]
      },
      {
        "date": "2026-02-06",
        "close": 52357.296875,
        "volume": 120359,
        "typical_volume": 164705.3,
        "trend": 39526.621875,
        "fair_value": 28394.655712,
        "relative_strength": 0.892986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.327443,
        "energy": 91.000519,
        "activity_lines": [
          51800.646354,
          48892.844176,
          45468.504855,
          42889.37828
        ]
      },
      {
        "date": "2026-02-13",
        "close": 56722.878906,
        "volume": 47870,
        "typical_volume": 164145.35,
        "trend": 40334.691016,
        "fair_value": 28605.282452,
        "relative_strength": 0.963975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.441076,
        "energy": 95.733044,
        "activity_lines": [
          53769.17474,
          50723.814844,
          46794.092504,
          43998.814218
        ]
      },
      {
        "date": "2026-02-20",
        "close": 59608.519531,
        "volume": 39758,
        "typical_volume": 157738.5,
        "trend": 41237.327409,
        "fair_value": 28835.96731,
        "relative_strength": 0.55258,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.698807,
        "energy": 95.277432,
        "activity_lines": [
          56053.261458,
          52811.016193,
          48288.976842,
          45242.287025
        ]
      },
      {
        "date": "2026-02-27",
        "close": 64533.410156,
        "volume": 720737,
        "typical_volume": 193427.15,
        "trend": 42327.885417,
        "fair_value": 29098.071928,
        "relative_strength": 1.221293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.598417,
        "energy": 94.845254,
        "activity_lines": [
          59316.160156,
          55484.971094,
          50141.925763,
          46745.260106
        ]
      },
      {
        "date": "2026-03-06",
        "close": 57697.957031,
        "volume": 744011,
        "typical_volume": 225120.8,
        "trend": 43160.743359,
        "fair_value": 29318.700183,
        "relative_strength": 1.138093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.226693,
        "energy": 68.127904,
        "activity_lines": [
          59416.802604,
          56492.830256,
          51212.3133,
          47736.877629
        ]
      },
      {
        "date": "2026-03-13",
        "close": 56529.84375,
        "volume": 278773,
        "typical_volume": 236957.1,
        "trend": 43950.071615,
        "fair_value": 29531.810534,
        "relative_strength": 0.817778,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.040332,
        "energy": 65.940087,
        "activity_lines": [
          58865.413021,
          57008.253409,
          52078.97327,
          48599.400235
        ]
      },
      {
        "date": "2026-03-20",
        "close": 59583.769531,
        "volume": 68674,
        "typical_volume": 219190.85,
        "trend": 44858.091406,
        "fair_value": 29763.206969,
        "relative_strength": 0.820091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.778912,
        "energy": 63.411097,
        "activity_lines": [
          59053.828906,
          57856.591903,
          53159.056808,
          49608.025907
        ]
      },
      {
        "date": "2026-03-27",
        "close": 56128.921875,
        "volume": 69912,
        "typical_volume": 216881.95,
        "trend": 45644.880859,
        "fair_value": 29967.925694,
        "relative_strength": 0.923822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.648654,
        "energy": 46.656113,
        "activity_lines": [
          57899.902864,
          57848.490483,
          53825.992318,
          50335.17626
        ]
      },
      {
        "date": "2026-04-03",
        "close": 55698.300781,
        "volume": 628491,
        "typical_volume": 243017.4,
        "trend": 46410.427474,
        "fair_value": 30169.373911,
        "relative_strength": 1.259002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.760642,
        "energy": 34.731733,
        "activity_lines": [
          56834.409635,
          57644.591122,
          54377.359933,
          50983.783997
        ]
      },
      {
        "date": "2026-04-10",
        "close": 60474.707031,
        "volume": 350900,
        "typical_volume": 255505.45,
        "trend": 47273.023958,
        "fair_value": 30396.488782,
        "relative_strength": 0.876871,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.633664,
        "energy": 39.753339,
        "activity_lines": [
          57950.059114,
          58228.73892,
          55314.058352,
          51891.156872
        ]
      },
      {
        "date": "2026-04-17",
        "close": 64201.785156,
        "volume": 1514243,
        "typical_volume": 328682.85,
        "trend": 48242.142188,
        "fair_value": 30649.295673,
        "relative_strength": 1.293311,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.982064,
        "energy": 49.758626,
        "activity_lines": [
          60122.951302,
          59368.416122,
          56505.572638,
          52983.335013
        ]
      },
      {
        "date": "2026-04-24",
        "close": 67008.234375,
        "volume": 805129,
        "typical_volume": 366736.8,
        "trend": 49323.670964,
        "fair_value": 30921.991549,
        "relative_strength": 1.055262,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.796865,
        "energy": 58.810259,
        "activity_lines": [
          62719.863802,
          60803.002486,
          57850.616406,
          54194.050638
        ]
      },
      {
        "date": "2026-05-01",
        "close": 68180.0,
        "volume": 30366,
        "typical_volume": 363080.7,
        "trend": 50386.195312,
        "fair_value": 31202.533216,
        "relative_strength": 0.871769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.93382,
        "energy": 80.110889,
        "activity_lines": [
          65212.400521,
          62263.630682,
          59187.975595,
          55410.587996
        ]
      },
      {
        "date": "2026-05-08",
        "close": 77745.0,
        "volume": 157176,
        "typical_volume": 366693.15,
        "trend": 51747.542578,
        "fair_value": 31545.69654,
        "relative_strength": 1.193847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.939542,
        "energy": 94.324235,
        "activity_lines": [
          70089.865365,
          65307.504687,
          61314.625539,
          57175.672169
        ]
      },
      {
        "date": "2026-05-15",
        "close": 78035.0,
        "volume": 208843,
        "typical_volume": 375852.7,
        "trend": 53072.794792,
        "fair_value": 31887.161083,
        "relative_strength": 1.591418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.302561,
        "energy": 93.261131,
        "activity_lines": [
          73594.216927,
          68163.895241,
          63295.121559,
          58871.637164
        ]
      },
      {
        "date": "2026-05-22",
        "close": 81560.0,
        "volume": 155779,
        "typical_volume": 357494.55,
        "trend": 54449.11888,
        "fair_value": 32249.883852,
        "relative_strength": 1.341484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.549006,
        "energy": 92.939685,
        "activity_lines": [
          77102.882292,
          71291.430469,
          65441.141908,
          60709.521371
        ]
      },
      {
        "date": "2026-05-29",
        "close": 87435.0,
        "volume": 95058,
        "typical_volume": 355300.45,
        "trend": 55966.297656,
        "fair_value": 32647.651793,
        "relative_strength": 0.564389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.775792,
        "energy": 95.009927,
        "activity_lines": [
          81412.666667,
          75032.053764,
          67969.261923,
          62837.642733
        ]
      },
      {
        "date": "2026-06-05",
        "close": 84920.0,
        "volume": 40959,
        "typical_volume": 326894.05,
        "trend": 57447.894792,
        "fair_value": 33026.500413,
        "relative_strength": 1.408109,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.224344,
        "energy": 89.887005,
        "activity_lines": [
          83522.333333,
          77809.018324,
          70065.444085,
          64705.62353
        ]
      },
      {
        "date": "2026-06-12",
        "close": 84455.0,
        "volume": 59183,
        "typical_volume": 323601.95,
        "trend": 58893.406641,
        "fair_value": 33403.706217,
        "relative_strength": 1.278015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.933019,
        "energy": 86.200753,
        "activity_lines": [
          84361.0,
          79977.963281,
          71949.465513,
          66448.017414
        ]
      },
      {
        "date": "2026-06-19",
        "close": 93835.0,
        "volume": 144860,
        "typical_volume": 314054.05,
        "trend": 60706.424088,
        "fair_value": 33844.233035,
        "relative_strength": 0.944159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.727597,
        "energy": 90.229504,
        "activity_lines": [
          87879.0,
          83329.513707,
          74568.828999,
          68702.31376
        ]
      },
      {
        "date": "2026-06-26",
        "close": 87483.820313,
        "volume": 20210,
        "typical_volume": 309046.6,
        "trend": 62278.751693,
        "fair_value": 34243.773513,
        "relative_strength": 1.248558,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.390969,
        "energy": 66.255575,
        "activity_lines": [
          88226.606771,
          84919.753409,
          76392.475577,
          70429.88771
        ]
      },
      {
        "date": "2026-07-03",
        "close": 84092.164063,
        "volume": 12681,
        "typical_volume": 307287.15,
        "trend": 63683.185156,
        "fair_value": 34624.187675,
        "relative_strength": 1.173341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.672655,
        "energy": 62.144549,
        "activity_lines": [
          87048.740104,
          85470.018608,
          77725.838114,
          71837.204637
        ]
      },
      {
        "date": "2026-07-10",
        "close": 77693.460938,
        "volume": 97959,
        "typical_volume": 310197.2,
        "trend": 64851.931901,
        "fair_value": 34957.654973,
        "relative_strength": 1.091275,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.74854,
        "energy": 46.339503,
        "activity_lines": [
          83960.828125,
          84546.266335,
          78319.470424,
          72741.093397
        ]
      },
      {
        "date": "2026-07-17",
        "close": 70970.085938,
        "volume": 124966,
        "typical_volume": 280408.65,
        "trend": 65842.51224,
        "fair_value": 35248.844727,
        "relative_strength": 1.174596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.417238,
        "energy": 22.415535,
        "activity_lines": [
          79113.560417,
          82227.110228,
          78186.662537,
          73135.813013
        ]
      },
      {
        "date": "2026-07-24",
        "close": 69616.421875,
        "volume": 65990,
        "typical_volume": 246507.6,
        "trend": 66753.222656,
        "fair_value": 35531.72203,
        "relative_strength": 1.129929,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.789246,
        "energy": 23.313119,
        "activity_lines": [
          74714.065625,
          79785.013637,
          77894.283426,
          73379.291053
        ]
      },
      {
        "date": "2026-07-31",
        "close": 68405.0,
        "volume": 73897,
        "typical_volume": 236263.8,
        "trend": 67556.691667,
        "fair_value": 35806.742601,
        "relative_strength": 0.771613,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.586981,
        "energy": 22.562178,
        "activity_lines": [
          71525.335417,
          77275.72358,
          77429.776209,
          73485.857334
        ]
      },
      {
        "date": "2026-08-07",
        "close": 64700.0,
        "volume": 29575,
        "typical_volume": 234308.85,
        "trend": 68145.756641,
        "fair_value": 36058.864583,
        "relative_strength": 0.413241,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -12.284961,
        "energy": 30.459783,
        "activity_lines": [
          68373.526563,
          74331.978977,
          76555.863486,
          73301.554646
        ]
      }
    ],
    "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."
    }
  }
}