{
  "ticker": {
    "uuid": "6f23e5f8-dc5e-46d8-94c7-9aabf9adeb96",
    "symbol": "166400",
    "name": "Mirae Asset TIGER200 Covered Call 5% OTM ETF - Equity - Derivatives",
    "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": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 53.461,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 13.091,
    "architecture_energy": 15.638,
    "architecture_maturity": 32.112,
    "architecture_confidence": 79.099,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 59.46,
        "rotation_up": 18.73,
        "upward_expansion": 53.02,
        "deceleration": 91.04,
        "rotation_down": 36.35,
        "downward_expansion": 19.02
      },
      "activity_lines": [
        22156.696745,
        22905.477947,
        22895.500195,
        22242.082124
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 21185.0,
    "trend_reference": 21214.670117,
    "distance_from_trend": -0.001399,
    "trend_direction": "Improving",
    "fair_value": 14115.544747,
    "distance_from_fair_value": 0.500828,
    "fair_value_direction": "Weakening",
    "relative_strength": -6.9231,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.1529,
    "excess_performance": -0.076928,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.001399,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.12272,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.500828,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.22588,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.069231,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.173526,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.1529,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.671699,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 7789,
      "relative_activity": 0.347083,
      "balance": 0.671699,
      "dry_up": 0.521615,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.114501,
      "annualized_volatility": 0.298305,
      "from_high_reference": -0.174567,
      "from_low_reference": 0.587906
    },
    "levels": {
      "trend_reference": 21214.670117,
      "fair_value_reference": 14115.544747,
      "structural_low": 16121.220564,
      "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": -0.009881,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.00717,
        "regime_survival": 0.166667,
        "best_return": 0.065799,
        "worst_return": -0.060473,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.0331,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.015999,
        "regime_survival": 0.2,
        "best_return": 0.085962,
        "worst_return": -0.07804,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.08339,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.010672,
        "regime_survival": 0.0,
        "best_return": 0.15687,
        "worst_return": -0.181914,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.078504,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.012377,
        "regime_survival": 0.0,
        "best_return": 0.584403,
        "worst_return": -0.2374,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-01-12",
        "end": "2024-01-26",
        "tenure": "New",
        "return": -0.008137,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-02-02",
        "end": "2024-02-09",
        "tenure": "New",
        "return": 0.004706,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-02-16",
        "end": "2024-05-03",
        "tenure": "Developing",
        "return": 0.044015,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-10",
        "end": "2024-05-17",
        "tenure": "New",
        "return": -0.000368,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": -0.004092,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-09",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.03486,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-06",
        "end": "2024-09-20",
        "tenure": "New",
        "return": 0.008807,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-27",
        "end": "2025-01-24",
        "tenure": "Established",
        "return": -0.017929,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-31",
        "end": "2025-02-14",
        "tenure": "New",
        "return": 0.028072,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-21",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": 0.015605,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-28",
        "end": "2025-11-28",
        "tenure": "Extended",
        "return": 0.290891,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-05",
        "end": "2025-12-12",
        "tenure": "New",
        "return": 0.010788,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-19",
        "end": "2026-07-31",
        "tenure": "Extended",
        "return": 0.387732,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 10530.879883,
        "volume": 1709,
        "typical_volume": 12209.25,
        "trend": 10565.631738,
        "fair_value": 11503.095353,
        "relative_strength": 0.731551,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 16.387789,
        "energy": 11.580121,
        "activity_lines": [
          10783.45625,
          10831.362536,
          10804.970717,
          10702.463995
        ]
      },
      {
        "date": "2023-08-25",
        "close": 10588.619141,
        "volume": 23541,
        "typical_volume": 12730.0,
        "trend": 10573.76403,
        "fair_value": 11501.866662,
        "relative_strength": 0.700658,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 0.407598,
        "energy": 14.249544,
        "activity_lines": [
          10697.289974,
          10783.643608,
          10790.847591,
          10703.947054
        ]
      },
      {
        "date": "2023-09-01",
        "close": 10865.231445,
        "volume": 12996,
        "typical_volume": 9463.9,
        "trend": 10590.97054,
        "fair_value": 11502.547232,
        "relative_strength": 1.512641,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.992789,
        "energy": 20.133976,
        "activity_lines": [
          10726.719792,
          10793.23663,
          10802.437765,
          10722.751403
        ]
      },
      {
        "date": "2023-09-08",
        "close": 10798.46582,
        "volume": 11835,
        "typical_volume": 9895.35,
        "trend": 10605.074023,
        "fair_value": 11501.956074,
        "relative_strength": 1.49565,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.822748,
        "energy": 16.128386,
        "activity_lines": [
          10742.102995,
          10789.698118,
          10806.689011,
          10736.138195
        ]
      },
      {
        "date": "2023-09-15",
        "close": 11056.633789,
        "volume": 1934,
        "typical_volume": 9546.9,
        "trend": 10630.854199,
        "fair_value": 11502.502736,
        "relative_strength": 1.745048,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 51.114357,
        "energy": 26.410367,
        "activity_lines": [
          10852.056315,
          10833.563938,
          10834.528748,
          10765.271083
        ]
      },
      {
        "date": "2023-09-22",
        "close": 10638.223633,
        "volume": 13105,
        "typical_volume": 10031.25,
        "trend": 10645.319499,
        "fair_value": 11503.116217,
        "relative_strength": 1.51561,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.792051,
        "energy": 14.14874,
        "activity_lines": [
          10808.808854,
          10793.088104,
          10819.690964,
          10765.746531
        ]
      },
      {
        "date": "2023-09-29",
        "close": 10491.334961,
        "volume": 1990,
        "typical_volume": 9993.0,
        "trend": 10655.91569,
        "fair_value": 11501.536108,
        "relative_strength": 1.859163,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -5.118584,
        "energy": 6.108241,
        "activity_lines": [
          10709.442253,
          10733.644212,
          10789.774261,
          10755.812044
        ]
      },
      {
        "date": "2023-10-06",
        "close": 10255.427734,
        "volume": 21400,
        "typical_volume": 10893.55,
        "trend": 10665.104818,
        "fair_value": 11496.293607,
        "relative_strength": 1.885112,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -36.285068,
        "energy": 45.304456,
        "activity_lines": [
          10537.925521,
          10639.456534,
          10736.768243,
          10729.974112
        ]
      },
      {
        "date": "2023-10-13",
        "close": 10495.789063,
        "volume": 18004,
        "typical_volume": 11486.4,
        "trend": 10680.10498,
        "fair_value": 11493.979968,
        "relative_strength": 2.239802,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.28228,
        "energy": 53.674369,
        "activity_lines": [
          10487.182813,
          10602.296964,
          10708.525646,
          10719.050515
        ]
      },
      {
        "date": "2023-10-20",
        "close": 10237.623047,
        "volume": 3404,
        "typical_volume": 9110.05,
        "trend": 10684.005046,
        "fair_value": 11489.385429,
        "relative_strength": 3.098606,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.712991,
        "energy": 66.444239,
        "activity_lines": [
          10370.563216,
          10526.023367,
          10656.844792,
          10690.503293
        ]
      },
      {
        "date": "2023-10-27",
        "close": 9948.297852,
        "volume": 8217,
        "typical_volume": 8588.25,
        "trend": 10670.462858,
        "fair_value": 11485.521866,
        "relative_strength": 3.271555,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -84.871237,
        "energy": 84.674996,
        "activity_lines": [
          10212.102604,
          10408.291548,
          10580.654474,
          10643.038313
        ]
      },
      {
        "date": "2023-11-03",
        "close": 10260.576172,
        "volume": 10963,
        "typical_volume": 8683.55,
        "trend": 10663.943197,
        "fair_value": 11479.441419,
        "relative_strength": 3.464333,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.187708,
        "energy": 69.91583,
        "activity_lines": [
          10203.729818,
          10357.930007,
          10539.345638,
          10616.59401
        ]
      },
      {
        "date": "2023-11-10",
        "close": 10447.942383,
        "volume": 21690,
        "typical_volume": 9657.85,
        "trend": 10656.895638,
        "fair_value": 11472.874587,
        "relative_strength": 3.39333,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.264267,
        "energy": 49.616111,
        "activity_lines": [
          10273.196354,
          10347.599467,
          10519.281571,
          10602.658474
        ]
      },
      {
        "date": "2023-11-17",
        "close": 10662.076172,
        "volume": 30543,
        "typical_volume": 11035.2,
        "trend": 10659.341862,
        "fair_value": 11465.584673,
        "relative_strength": 2.808847,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.023976,
        "energy": 26.624225,
        "activity_lines": [
          10401.206511,
          10383.789418,
          10521.338393,
          10602.992702
        ]
      },
      {
        "date": "2023-11-24",
        "close": 10764.678711,
        "volume": 24694,
        "typical_volume": 12128.5,
        "trend": 10669.412565,
        "fair_value": 11457.591597,
        "relative_strength": 2.566515,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.429507,
        "energy": 17.493454,
        "activity_lines": [
          10552.331706,
          10441.114187,
          10533.938067,
          10609.788628
        ]
      },
      {
        "date": "2023-12-01",
        "close": 10790.293945,
        "volume": 26701,
        "typical_volume": 12933.75,
        "trend": 10682.108236,
        "fair_value": 11449.136744,
        "relative_strength": 2.350184,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.061417,
        "energy": 21.908965,
        "activity_lines": [
          10676.858268,
          10508.404546,
          10548.202362,
          10617.587427
        ]
      },
      {
        "date": "2023-12-08",
        "close": 10884.396484,
        "volume": 52414,
        "typical_volume": 15516.15,
        "trend": 10699.563997,
        "fair_value": 11440.740773,
        "relative_strength": 2.602021,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.913334,
        "energy": 32.665254,
        "activity_lines": [
          10776.619271,
          10590.039542,
          10572.731534,
          10630.638281
        ]
      },
      {
        "date": "2023-12-15",
        "close": 11054.674805,
        "volume": 71807,
        "typical_volume": 18544.4,
        "trend": 10713.102506,
        "fair_value": 11433.409092,
        "relative_strength": 2.2396,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.809548,
        "energy": 49.684523,
        "activity_lines": [
          10891.551693,
          10695.48766,
          10613.740081,
          10653.548656
        ]
      },
      {
        "date": "2023-12-22",
        "close": 11274.245117,
        "volume": 10551,
        "typical_volume": 18935.3,
        "trend": 10731.008171,
        "fair_value": 11426.151273,
        "relative_strength": 2.72123,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 44.741965,
        "energy": 63.237151,
        "activity_lines": [
          11039.225391,
          10826.325888,
          10675.344303,
          10689.751405
        ]
      },
      {
        "date": "2023-12-29",
        "close": 11500.286133,
        "volume": 7522,
        "typical_volume": 18751.0,
        "trend": 10751.77972,
        "fair_value": 11418.464468,
        "relative_strength": 2.503046,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 58.554927,
        "energy": 75.206052,
        "activity_lines": [
          11221.434831,
          10984.108736,
          10756.818778,
          10739.382241
        ]
      },
      {
        "date": "2024-01-05",
        "close": 11284.992188,
        "volume": 8341,
        "typical_volume": 19082.6,
        "trend": 10760.351367,
        "fair_value": 11408.091133,
        "relative_strength": 3.505636,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 67.528314,
        "energy": 79.094823,
        "activity_lines": [
          11282.839128,
          11079.78972,
          10814.695671,
          10773.783046
        ]
      },
      {
        "date": "2024-01-12",
        "close": 11024.845703,
        "volume": 8733,
        "typical_volume": 18342.2,
        "trend": 10762.024447,
        "fair_value": 11397.111641,
        "relative_strength": 3.160069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.413757,
        "energy": 67.995818,
        "activity_lines": [
          11224.548047,
          11103.867809,
          10844.205697,
          10790.847196
        ]
      },
      {
        "date": "2024-01-19",
        "close": 10840.946289,
        "volume": 3926,
        "typical_volume": 17888.7,
        "trend": 10763.034212,
        "fair_value": 11383.429174,
        "relative_strength": 3.496996,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.345248,
        "energy": 41.215669,
        "activity_lines": [
          11095.59388,
          11080.613832,
          10854.124223,
          10795.938928
        ]
      },
      {
        "date": "2024-01-26",
        "close": 10935.139648,
        "volume": 9013,
        "typical_volume": 17747.6,
        "trend": 10766.738053,
        "fair_value": 11373.725423,
        "relative_strength": 4.034256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.143481,
        "energy": 23.110483,
        "activity_lines": [
          11012.286068,
          11067.340394,
          10873.12919,
          10807.042505
        ]
      },
      {
        "date": "2024-02-02",
        "close": 11483.051758,
        "volume": 9289,
        "typical_volume": 18115.35,
        "trend": 10796.108301,
        "fair_value": 11365.220478,
        "relative_strength": 3.432198,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.464127,
        "energy": 33.284713,
        "activity_lines": [
          11134.222656,
          11148.72255,
          10943.665434,
          10853.256292
        ]
      },
      {
        "date": "2024-02-09",
        "close": 11537.086914,
        "volume": 11445,
        "typical_volume": 18032.35,
        "trend": 10811.882292,
        "fair_value": 11357.470177,
        "relative_strength": 3.625432,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.434774,
        "energy": 47.061474,
        "activity_lines": [
          11275.319922,
          11226.867951,
          11017.317322,
          10901.061364
        ]
      },
      {
        "date": "2024-02-16",
        "close": 11618.148438,
        "volume": 8530,
        "typical_volume": 18359.35,
        "trend": 10834.503939,
        "fair_value": 11349.422977,
        "relative_strength": 3.14386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.475471,
        "energy": 76.11744,
        "activity_lines": [
          11426.63138,
          11306.173757,
          11094.409054,
          10953.078535
        ]
      },
      {
        "date": "2024-02-23",
        "close": 11735.230469,
        "volume": 15658,
        "typical_volume": 18072.25,
        "trend": 10859.399609,
        "fair_value": 11344.031544,
        "relative_strength": 3.355448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.616988,
        "energy": 84.477956,
        "activity_lines": [
          11577.416667,
          11393.426261,
          11177.285677,
          11011.189924
        ]
      },
      {
        "date": "2024-03-01",
        "close": 11717.849609,
        "volume": 10874,
        "typical_volume": 17715.75,
        "trend": 10885.788672,
        "fair_value": 11337.521628,
        "relative_strength": 4.073766,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.357595,
        "energy": 82.546392,
        "activity_lines": [
          11662.789388,
          11465.144869,
          11251.4603,
          11066.573795
        ]
      },
      {
        "date": "2024-03-08",
        "close": 11921.438477,
        "volume": 12944,
        "typical_volume": 18192.75,
        "trend": 10921.480859,
        "fair_value": 11331.745211,
        "relative_strength": 4.249467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.795585,
        "energy": 85.000438,
        "activity_lines": [
          11763.844401,
          11565.814098,
          11339.205004,
          11133.389911
        ]
      },
      {
        "date": "2024-03-15",
        "close": 11871.671875,
        "volume": 5279,
        "typical_volume": 18045.85,
        "trend": 10966.173926,
        "fair_value": 11325.677008,
        "relative_strength": 4.218842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.129596,
        "energy": 76.410288,
        "activity_lines": [
          11819.084766,
          11649.777539,
          11414.191862,
          11194.692557
        ]
      },
      {
        "date": "2024-03-22",
        "close": 12274.333984,
        "volume": 8108,
        "typical_volume": 17903.1,
        "trend": 11022.364421,
        "fair_value": 11322.27161,
        "relative_strength": 4.420749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.14214,
        "energy": 87.258334,
        "activity_lines": [
          11986.240169,
          11796.285369,
          11518.368569,
          11279.08998
        ]
      },
      {
        "date": "2024-03-29",
        "close": 12387.541016,
        "volume": 7714,
        "typical_volume": 17204.3,
        "trend": 11073.108073,
        "fair_value": 11317.468963,
        "relative_strength": 5.301834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.513406,
        "energy": 87.837294,
        "activity_lines": [
          12147.385547,
          11940.658327,
          11623.737574,
          11367.16589
        ]
      },
      {
        "date": "2024-04-05",
        "close": 12319.525391,
        "volume": 4859,
        "typical_volume": 15920.1,
        "trend": 11123.810059,
        "fair_value": 11311.522636,
        "relative_strength": 5.812842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.285802,
        "energy": 84.248063,
        "activity_lines": [
          12242.37168,
          12044.544904,
          11713.392718,
          11447.57991
        ]
      },
      {
        "date": "2024-04-12",
        "close": 12174.428711,
        "volume": 4311,
        "typical_volume": 14900.95,
        "trend": 11161.069889,
        "fair_value": 11303.312563,
        "relative_strength": 5.642718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.059958,
        "energy": 78.578384,
        "activity_lines": [
          12248.880534,
          12096.879617,
          11781.336514,
          11515.361759
        ]
      },
      {
        "date": "2024-04-19",
        "close": 11730.073242,
        "volume": 8328,
        "typical_volume": 13982.3,
        "trend": 11197.464876,
        "fair_value": 11292.79844,
        "relative_strength": 5.148375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.21666,
        "energy": 52.856059,
        "activity_lines": [
          12090.404883,
          12055.851935,
          11800.247647,
          11552.071652
        ]
      },
      {
        "date": "2024-04-26",
        "close": 12015.734375,
        "volume": 9985,
        "typical_volume": 11860.85,
        "trend": 11248.27819,
        "fair_value": 11284.768674,
        "relative_strength": 4.935046,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.303234,
        "energy": 37.69569,
        "activity_lines": [
          12036.589518,
          12063.2538,
          11841.889462,
          11604.863233
        ]
      },
      {
        "date": "2024-05-03",
        "close": 12129.516602,
        "volume": 5887,
        "typical_volume": 8564.85,
        "trend": 11310.747819,
        "fair_value": 11276.270702,
        "relative_strength": 4.952376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.11707,
        "energy": 33.287388,
        "activity_lines": [
          12037.941537,
          12084.114507,
          11888.980357,
          11661.717324
        ]
      },
      {
        "date": "2024-05-10",
        "close": 12366.19043,
        "volume": 5765,
        "typical_volume": 8325.55,
        "trend": 11373.094531,
        "fair_value": 11271.222293,
        "relative_strength": 4.836988,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.644766,
        "energy": 37.8515,
        "activity_lines": [
          12135.386459,
          12140.83798,
          11953.493322,
          11729.810396
        ]
      },
      {
        "date": "2024-05-17",
        "close": 12361.637695,
        "volume": 3373,
        "typical_volume": 8118.1,
        "trend": 11443.89502,
        "fair_value": 11265.899783,
        "relative_strength": 4.755291,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.663332,
        "energy": 47.832196,
        "activity_lines": [
          12228.2028,
          12184.945668,
          12012.372954,
          11793.587374
        ]
      },
      {
        "date": "2024-05-24",
        "close": 12234.199219,
        "volume": 3446,
        "typical_volume": 7873.35,
        "trend": 11520.091732,
        "fair_value": 11258.671656,
        "relative_strength": 4.93755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.918959,
        "energy": 45.544496,
        "activity_lines": [
          12266.05905,
          12197.879102,
          12055.013914,
          11844.574742
        ]
      },
      {
        "date": "2024-05-31",
        "close": 12021.296875,
        "volume": 4136,
        "typical_volume": 7643.5,
        "trend": 11578.782422,
        "fair_value": 11249.561636,
        "relative_strength": 4.933152,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.0244,
        "energy": 37.939617,
        "activity_lines": [
          12199.339453,
          12165.511612,
          12072.858426,
          11876.910557
        ]
      },
      {
        "date": "2024-06-07",
        "close": 12414.240234,
        "volume": 4012,
        "typical_volume": 7647.8,
        "trend": 11644.325684,
        "fair_value": 11242.017879,
        "relative_strength": 4.756209,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.477074,
        "energy": 39.807631,
        "activity_lines": [
          12263.230143,
          12209.189045,
          12123.381111,
          11930.811061
        ]
      },
      {
        "date": "2024-06-14",
        "close": 12551.310547,
        "volume": 4424,
        "typical_volume": 7418.35,
        "trend": 11707.300163,
        "fair_value": 11235.135066,
        "relative_strength": 4.369294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.26167,
        "energy": 41.340037,
        "activity_lines": [
          12353.829362,
          12277.302912,
          12179.466234,
          11989.326214
        ]
      },
      {
        "date": "2024-06-21",
        "close": 12702.09082,
        "volume": 3195,
        "typical_volume": 7113.65,
        "trend": 11771.880566,
        "fair_value": 11228.102883,
        "relative_strength": 4.47886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.778044,
        "energy": 48.020063,
        "activity_lines": [
          12482.347331,
          12368.617099,
          12242.215332,
          12053.506256
        ]
      },
      {
        "date": "2024-06-28",
        "close": 12797.227539,
        "volume": 2828,
        "typical_volume": 6682.8,
        "trend": 11838.778353,
        "fair_value": 11222.388202,
        "relative_strength": 4.588662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.720897,
        "energy": 71.887944,
        "activity_lines": [
          12619.880664,
          12467.635014,
          12308.220122,
          12119.657674
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13131.585938,
        "volume": 3570,
        "typical_volume": 6434.8,
        "trend": 11913.684668,
        "fair_value": 11220.885329,
        "relative_strength": 4.725707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.044268,
        "energy": 82.986995,
        "activity_lines": [
          12831.331576,
          12608.04256,
          12400.067899,
          12203.064615
        ]
      },
      {
        "date": "2024-07-12",
        "close": 13012.498047,
        "volume": 8216,
        "typical_volume": 6062.7,
        "trend": 11978.945443,
        "fair_value": 11216.686661,
        "relative_strength": 3.808686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.462795,
        "energy": 81.40568,
        "activity_lines": [
          12929.067253,
          12706.509553,
          12473.367127,
          12273.955801
        ]
      },
      {
        "date": "2024-07-19",
        "close": 12760.586914,
        "volume": 11959,
        "typical_volume": 6116.95,
        "trend": 12028.490169,
        "fair_value": 11211.417537,
        "relative_strength": 3.870257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.922765,
        "energy": 73.152407,
        "activity_lines": [
          12902.948698,
          12743.120313,
          12516.592592,
          12324.384283
        ]
      },
      {
        "date": "2024-07-26",
        "close": 12458.291992,
        "volume": 3737,
        "typical_volume": 5656.6,
        "trend": 12060.423698,
        "fair_value": 11205.43539,
        "relative_strength": 3.611431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.632074,
        "energy": 45.916829,
        "activity_lines": [
          12762.113411,
          12717.597514,
          12526.062649,
          12352.113432
        ]
      },
      {
        "date": "2024-08-02",
        "close": 12184.139648,
        "volume": 4642,
        "typical_volume": 5624.75,
        "trend": 12090.39528,
        "fair_value": 11195.953958,
        "relative_strength": 3.280632,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 26.091133,
        "energy": 15.676671,
        "activity_lines": [
          12546.147265,
          12640.471484,
          12506.866513,
          12360.095107
        ]
      },
      {
        "date": "2024-08-09",
        "close": 11646.805664,
        "volume": 10410,
        "typical_volume": 5739.85,
        "trend": 12111.127279,
        "fair_value": 11186.729599,
        "relative_strength": 1.934304,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.165738,
        "energy": 21.898378,
        "activity_lines": [
          12191.942318,
          12466.55854,
          12435.007771,
          12331.476422
        ]
      },
      {
        "date": "2024-08-16",
        "close": 12023.398438,
        "volume": 3998,
        "typical_volume": 5554.05,
        "trend": 12150.54235,
        "fair_value": 11182.259979,
        "relative_strength": 0.874402,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.016746,
        "energy": 31.225901,
        "activity_lines": [
          12062.253646,
          12367.925941,
          12402.003237,
          12325.816497
        ]
      },
      {
        "date": "2024-08-23",
        "close": 12078.510742,
        "volume": 2233,
        "typical_volume": 5422.75,
        "trend": 12188.65472,
        "fair_value": 11176.728353,
        "relative_strength": 1.051882,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.213829,
        "energy": 32.779236,
        "activity_lines": [
          12016.875716,
          12286.419975,
          12375.981506,
          12321.169296
        ]
      },
      {
        "date": "2024-08-30",
        "close": 12052.81543,
        "volume": 8666,
        "typical_volume": 5640.5,
        "trend": 12207.646843,
        "fair_value": 11169.37177,
        "relative_strength": 1.750403,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -21.020653,
        "energy": 37.612612,
        "activity_lines": [
          12008.404427,
          12208.838494,
          12348.660291,
          12312.405471
        ]
      },
      {
        "date": "2024-09-06",
        "close": 11517.956055,
        "volume": 16873,
        "typical_volume": 6067.75,
        "trend": 12207.009147,
        "fair_value": 11160.328507,
        "relative_strength": 2.076636,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.326964,
        "energy": 51.981387,
        "activity_lines": [
          11848.678451,
          12045.814862,
          12270.979199,
          12267.909291
        ]
      },
      {
        "date": "2024-09-13",
        "close": 11545.620117,
        "volume": 2063,
        "typical_volume": 5671.65,
        "trend": 12204.591537,
        "fair_value": 11151.244817,
        "relative_strength": 0.983169,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.928908,
        "energy": 56.637713,
        "activity_lines": [
          11742.586068,
          11911.08054,
          12196.942862,
          12225.239031
        ]
      },
      {
        "date": "2024-09-20",
        "close": 11619.394531,
        "volume": 1003,
        "typical_volume": 5427.45,
        "trend": 12200.730339,
        "fair_value": 11142.334679,
        "relative_strength": 0.820264,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.002941,
        "energy": 67.205921,
        "activity_lines": [
          11667.830859,
          11818.59549,
          12132.171298,
          12187.484386
        ]
      },
      {
        "date": "2024-09-27",
        "close": 11859.256836,
        "volume": 2259,
        "typical_volume": 5252.15,
        "trend": 12205.443913,
        "fair_value": 11138.200959,
        "relative_strength": 0.615304,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.78776,
        "energy": 58.804261,
        "activity_lines": [
          11699.963346,
          11795.050923,
          12092.672917,
          12165.453837
        ]
      },
      {
        "date": "2024-10-04",
        "close": 11567.75,
        "volume": 6561,
        "typical_volume": 5411.55,
        "trend": 12193.654297,
        "fair_value": 11133.58667,
        "relative_strength": 1.093527,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.65359,
        "energy": 52.788724,
        "activity_lines": [
          11649.543815,
          11734.892933,
          12027.825949,
          12124.312294
        ]
      },
      {
        "date": "2024-10-11",
        "close": 11725.072266,
        "volume": 8354,
        "typical_volume": 5656.95,
        "trend": 12188.767643,
        "fair_value": 11128.756085,
        "relative_strength": 1.289408,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.208226,
        "energy": 39.02782,
        "activity_lines": [
          11683.902734,
          11719.530664,
          11981.742471,
          12094.081195
        ]
      },
      {
        "date": "2024-10-18",
        "close": 11748.205078,
        "volume": 2482,
        "typical_volume": 5574.25,
        "trend": 12171.230013,
        "fair_value": 11124.291504,
        "relative_strength": 1.51435,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.696972,
        "energy": 33.691384,
        "activity_lines": [
          11712.164844,
          11716.721041,
          11940.286533,
          12065.657804
        ]
      },
      {
        "date": "2024-10-25",
        "close": 11711.189453,
        "volume": 4167,
        "typical_volume": 5582.0,
        "trend": 12148.684961,
        "fair_value": 11120.215676,
        "relative_strength": 1.514407,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.354991,
        "energy": 30.796135,
        "activity_lines": [
          11714.582747,
          11705.337678,
          11896.605734,
          12035.977768
        ]
      },
      {
        "date": "2024-11-01",
        "close": 11497.140625,
        "volume": 12078,
        "typical_volume": 5964.7,
        "trend": 12121.272135,
        "fair_value": 11114.577199,
        "relative_strength": 1.17993,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.618645,
        "energy": 39.152641,
        "activity_lines": [
          11639.53138,
          11660.712873,
          11835.887193,
          11993.94265
        ]
      },
      {
        "date": "2024-11-08",
        "close": 11608.62793,
        "volume": 1742,
        "typical_volume": 5892.05,
        "trend": 12102.412109,
        "fair_value": 11109.925568,
        "relative_strength": 1.325798,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.109597,
        "energy": 50.179335,
        "activity_lines": [
          11625.783529,
          11646.928853,
          11790.806348,
          11960.86883
        ]
      },
      {
        "date": "2024-11-15",
        "close": 10935.058594,
        "volume": 5902,
        "typical_volume": 6045.75,
        "trend": 12075.911621,
        "fair_value": 11100.684001,
        "relative_strength": 1.054654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.932806,
        "energy": 80.910154,
        "activity_lines": [
          11384.78737,
          11518.753818,
          11686.783008,
          11885.5557
        ]
      },
      {
        "date": "2024-11-22",
        "close": 11264.875977,
        "volume": 5189,
        "typical_volume": 6126.7,
        "trend": 12050.883008,
        "fair_value": 11094.318735,
        "relative_strength": 0.507785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.033025,
        "energy": 75.140292,
        "activity_lines": [
          11306.397917,
          11461.143715,
          11623.038319,
          11833.23082
        ]
      },
      {
        "date": "2024-11-29",
        "close": 11137.879883,
        "volume": 3139,
        "typical_volume": 5872.85,
        "trend": 12017.828451,
        "fair_value": 11085.887407,
        "relative_strength": 1.110127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.176918,
        "energy": 76.442882,
        "activity_lines": [
          11217.898373,
          11385.547852,
          11556.087858,
          11774.327392
        ]
      },
      {
        "date": "2024-12-06",
        "close": 11091.239258,
        "volume": 12591,
        "typical_volume": 5904.45,
        "trend": 11975.330078,
        "fair_value": 11075.796237,
        "relative_strength": 1.73061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.615043,
        "energy": 79.076358,
        "activity_lines": [
          11152.072591,
          11310.226687,
          11493.622187,
          11714.547444
        ]
      },
      {
        "date": "2024-12-13",
        "close": 11352.430664,
        "volume": 6330,
        "typical_volume": 6034.1,
        "trend": 11941.689844,
        "fair_value": 11067.760429,
        "relative_strength": 1.255164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.271339,
        "energy": 50.484296,
        "activity_lines": [
          11200.370703,
          11296.358825,
          11463.981162,
          11674.360385
        ]
      },
      {
        "date": "2024-12-20",
        "close": 10955.979492,
        "volume": 7683,
        "typical_volume": 6186.15,
        "trend": 11899.08252,
        "fair_value": 11056.285081,
        "relative_strength": 1.294493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.46291,
        "energy": 53.292456,
        "activity_lines": [
          11133.598242,
          11214.323828,
          11401.848889,
          11610.766169
        ]
      },
      {
        "date": "2024-12-27",
        "close": 11075.149414,
        "volume": 1203,
        "typical_volume": 5725.8,
        "trend": 11867.544271,
        "fair_value": 11045.791398,
        "relative_strength": 2.249955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.263398,
        "energy": 47.921865,
        "activity_lines": [
          11105.154362,
          11167.939595,
          11356.914514,
          11557.609194
        ]
      },
      {
        "date": "2025-01-03",
        "close": 11220.318359,
        "volume": 2050,
        "typical_volume": 5628.4,
        "trend": 11827.746875,
        "fair_value": 11037.153652,
        "relative_strength": 1.919565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.35139,
        "energy": 40.599888,
        "activity_lines": [
          11137.748568,
          11160.187092,
          11328.527925,
          11515.852684
        ]
      },
      {
        "date": "2025-01-10",
        "close": 11566.857422,
        "volume": 30886,
        "typical_volume": 7061.05,
        "trend": 11794.931771,
        "fair_value": 11031.308869,
        "relative_strength": 1.882081,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.519222,
        "energy": 25.240803,
        "activity_lines": [
          11280.359896,
          11224.366619,
          11336.969248,
          11499.021106
        ]
      },
      {
        "date": "2025-01-17",
        "close": 11599.636719,
        "volume": 7679,
        "typical_volume": 7011.7,
        "trend": 11758.183301,
        "fair_value": 11028.287047,
        "relative_strength": 1.764124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.361707,
        "energy": 15.717014,
        "activity_lines": [
          11402.189779,
          11293.238441,
          11350.968852,
          11486.421426
        ]
      },
      {
        "date": "2025-01-24",
        "close": 11646.636719,
        "volume": 56939,
        "typical_volume": 9015.0,
        "trend": 11719.830273,
        "fair_value": 11030.030123,
        "relative_strength": 1.565296,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.354798,
        "energy": 18.516029,
        "activity_lines": [
          11523.205925,
          11370.819194,
          11371.602641,
          11479.224872
        ]
      },
      {
        "date": "2025-01-31",
        "close": 11557.300781,
        "volume": 872,
        "typical_volume": 8955.45,
        "trend": 11667.354102,
        "fair_value": 11028.424404,
        "relative_strength": 1.477659,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.471325,
        "energy": 19.976835,
        "activity_lines": [
          11568.399609,
          11419.219265,
          11383.115481,
          11468.739098
        ]
      },
      {
        "date": "2025-02-07",
        "close": 11594.915039,
        "volume": 73002,
        "typical_volume": 12555.4,
        "trend": 11620.101335,
        "fair_value": 11026.379376,
        "relative_strength": 1.540209,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.522376,
        "energy": 16.709452,
        "activity_lines": [
          11593.987956,
          11469.141477,
          11398.155008,
          11464.06561
        ]
      },
      {
        "date": "2025-02-14",
        "close": 11881.733398,
        "volume": 6627,
        "typical_volume": 12773.8,
        "trend": 11590.806217,
        "fair_value": 11025.982372,
        "relative_strength": 1.190116,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.254345,
        "energy": 38.853308,
        "activity_lines": [
          11690.20931,
          11562.902752,
          11440.627139,
          11480.945098
        ]
      },
      {
        "date": "2025-02-21",
        "close": 12149.742188,
        "volume": 7169,
        "typical_volume": 12804.2,
        "trend": 11580.521224,
        "fair_value": 11029.235796,
        "relative_strength": 0.920084,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.629982,
        "energy": 56.361658,
        "activity_lines": [
          11854.775195,
          11691.020277,
          11508.516885,
          11517.005483
        ]
      },
      {
        "date": "2025-02-28",
        "close": 11726.613281,
        "volume": 10314,
        "typical_volume": 12902.2,
        "trend": 11565.270345,
        "fair_value": 11029.314178,
        "relative_strength": 2.005115,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.444292,
        "energy": 46.012312,
        "activity_lines": [
          11841.624414,
          11727.7087,
          11533.337249,
          11526.430777
        ]
      },
      {
        "date": "2025-03-07",
        "close": 11835.019531,
        "volume": 3695,
        "typical_volume": 12962.85,
        "trend": 11571.544141,
        "fair_value": 11031.448336,
        "relative_strength": 1.642397,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.569604,
        "energy": 46.690363,
        "activity_lines": [
          11859.277279,
          11770.095827,
          11568.474679,
          11543.833951
        ]
      },
      {
        "date": "2025-03-14",
        "close": 11905.71875,
        "volume": 37302,
        "typical_volume": 14619.6,
        "trend": 11567.621484,
        "fair_value": 11032.348226,
        "relative_strength": 2.053791,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.945578,
        "energy": 40.721056,
        "activity_lines": [
          11881.981966,
          11811.521538,
          11609.931966,
          11565.393603
        ]
      },
      {
        "date": "2025-03-21",
        "close": 12339.34082,
        "volume": 14402,
        "typical_volume": 14735.8,
        "trend": 11576.31582,
        "fair_value": 11035.97332,
        "relative_strength": 2.610611,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 78.536709,
        "energy": 60.491905,
        "activity_lines": [
          12028.507096,
          11919.325799,
          11691.760263,
          11615.181947
        ]
      },
      {
        "date": "2025-03-28",
        "close": 12086.148438,
        "volume": 28846,
        "typical_volume": 16091.0,
        "trend": 11577.426921,
        "fair_value": 11037.784875,
        "relative_strength": 3.756541,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.98229,
        "energy": 59.124661,
        "activity_lines": [
          12060.127604,
          11967.049929,
          11745.464523,
          11648.074374
        ]
      },
      {
        "date": "2025-04-04",
        "close": 11618.025391,
        "volume": 42081,
        "typical_volume": 17899.95,
        "trend": 11580.762565,
        "fair_value": 11037.983686,
        "relative_strength": 3.40655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.780766,
        "energy": 34.967346,
        "activity_lines": [
          11939.94668,
          11920.81511,
          11752.311728,
          11650.69363
        ]
      },
      {
        "date": "2025-04-11",
        "close": 11353.226563,
        "volume": 19734,
        "typical_volume": 18627.2,
        "trend": 11574.349447,
        "fair_value": 11036.757249,
        "relative_strength": 2.353012,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 17.715355,
        "energy": 11.652279,
        "activity_lines": [
          11738.738672,
          11826.955256,
          11730.687774,
          11636.013888
        ]
      },
      {
        "date": "2025-04-18",
        "close": 11580.196289,
        "volume": 9844,
        "typical_volume": 18962.45,
        "trend": 11573.042839,
        "fair_value": 11036.523049,
        "relative_strength": 2.208695,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 20.824842,
        "energy": 18.876616,
        "activity_lines": [
          11645.306771,
          11778.073065,
          11730.259268,
          11636.391104
        ]
      },
      {
        "date": "2025-04-25",
        "close": 11868.637695,
        "volume": 6066,
        "typical_volume": 18636.2,
        "trend": 11573.355534,
        "fair_value": 11038.25554,
        "relative_strength": 2.108378,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.292676,
        "energy": 22.390939,
        "activity_lines": [
          11669.723503,
          11781.902379,
          11755.195103,
          11655.46174
        ]
      },
      {
        "date": "2025-05-02",
        "close": 11939.849609,
        "volume": 1152,
        "typical_volume": 18377.3,
        "trend": 11585.758854,
        "fair_value": 11041.626847,
        "relative_strength": 2.122582,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 34.876779,
        "energy": 19.493511,
        "activity_lines": [
          11749.257747,
          11798.917418,
          11783.211128,
          11679.106519
        ]
      },
      {
        "date": "2025-05-09",
        "close": 12115.504883,
        "volume": 1719,
        "typical_volume": 18079.1,
        "trend": 11598.773275,
        "fair_value": 11047.278953,
        "relative_strength": 2.849738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.070668,
        "energy": 31.157657,
        "activity_lines": [
          11897.097005,
          11851.686009,
          11825.158994,
          11713.283682
        ]
      },
      {
        "date": "2025-05-16",
        "close": 12386.111328,
        "volume": 8415,
        "typical_volume": 18439.7,
        "trend": 11620.036816,
        "fair_value": 11053.758363,
        "relative_strength": 3.084311,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.037078,
        "energy": 65.202799,
        "activity_lines": [
          12101.973112,
          11946.585014,
          11887.357352,
          11764.079685
        ]
      },
      {
        "date": "2025-05-23",
        "close": 12276.918945,
        "volume": 16863,
        "typical_volume": 19180.35,
        "trend": 11638.894466,
        "fair_value": 11059.510317,
        "relative_strength": 3.466384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.702249,
        "energy": 69.09531,
        "activity_lines": [
          12201.592773,
          12011.611008,
          11932.91376,
          11806.459178
        ]
      },
      {
        "date": "2025-05-30",
        "close": 12616.120117,
        "volume": 13909,
        "typical_volume": 18331.5,
        "trend": 11676.193783,
        "fair_value": 11066.611766,
        "relative_strength": 2.113535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.795005,
        "energy": 81.076907,
        "activity_lines": [
          12367.831315,
          12131.560849,
          12005.74361,
          11869.505994
        ]
      },
      {
        "date": "2025-06-06",
        "close": 12773.402344,
        "volume": 14048,
        "typical_volume": 18649.95,
        "trend": 11715.019596,
        "fair_value": 11076.316212,
        "relative_strength": -0.811523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.932614,
        "energy": 85.301911,
        "activity_lines": [
          12536.665104,
          12275.075106,
          12088.556231,
          11940.293643
        ]
      },
      {
        "date": "2025-06-13",
        "close": 12687.612305,
        "volume": 9163,
        "typical_volume": 16261.15,
        "trend": 11773.438053,
        "fair_value": 11089.979999,
        "relative_strength": -4.220914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.29993,
        "energy": 80.003385,
        "activity_lines": [
          12621.332031,
          12390.49565,
          12157.609012,
          12003.04156
        ]
      },
      {
        "date": "2025-06-20",
        "close": 13135.633789,
        "volume": 12375,
        "typical_volume": 16836.3,
        "trend": 11835.796647,
        "fair_value": 11108.330448,
        "relative_strength": -4.927514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.317365,
        "energy": 89.438807,
        "activity_lines": [
          12817.198958,
          12567.92761,
          12264.373479,
          12090.925155
        ]
      },
      {
        "date": "2025-06-27",
        "close": 13341.385742,
        "volume": 10566,
        "typical_volume": 13714.5,
        "trend": 11909.246842,
        "fair_value": 11129.209629,
        "relative_strength": -4.432101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.228803,
        "energy": 92.176167,
        "activity_lines": [
          13031.681706,
          12750.361612,
          12383.217499,
          12188.059936
        ]
      },
      {
        "date": "2025-07-04",
        "close": 13413.165039,
        "volume": 5543,
        "typical_volume": 13660.3,
        "trend": 11986.644368,
        "fair_value": 11149.28413,
        "relative_strength": -3.786205,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.201074,
        "energy": 92.243602,
        "activity_lines": [
          13199.126432,
          12913.824769,
          12500.581115,
          12285.086916
        ]
      },
      {
        "date": "2025-07-11",
        "close": 13547.152344,
        "volume": 3561,
        "typical_volume": 13479.9,
        "trend": 12059.801758,
        "fair_value": 11170.932423,
        "relative_strength": -6.428694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.113936,
        "energy": 93.949958,
        "activity_lines": [
          13358.097266,
          13073.566939,
          12623.412895,
          12385.76485
        ]
      },
      {
        "date": "2025-07-18",
        "close": 13628.503906,
        "volume": 4207,
        "typical_volume": 13174.55,
        "trend": 12148.885905,
        "fair_value": 11191.36998,
        "relative_strength": -6.115157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.685895,
        "energy": 92.711262,
        "activity_lines": [
          13492.601953,
          13218.876616,
          12747.338109,
          12486.97144
        ]
      },
      {
        "date": "2025-07-25",
        "close": 13628.503906,
        "volume": 7295,
        "typical_volume": 13354.55,
        "trend": 12233.997721,
        "fair_value": 11211.312594,
        "relative_strength": -6.232295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.527724,
        "energy": 89.490511,
        "activity_lines": [
          13564.380534,
          13336.677219,
          12862.206701,
          12582.430666
        ]
      },
      {
        "date": "2025-08-01",
        "close": 13370.291016,
        "volume": 11461,
        "typical_volume": 12062.5,
        "trend": 12305.663477,
        "fair_value": 11228.885116,
        "relative_strength": -5.642365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.076042,
        "energy": 65.613709,
        "activity_lines": [
          13517.230143,
          13384.941069,
          12943.943187,
          12655.739911
        ]
      },
      {
        "date": "2025-08-08",
        "close": 13769.046875,
        "volume": 34578,
        "typical_volume": 13071.3,
        "trend": 12379.069792,
        "fair_value": 11248.711288,
        "relative_strength": -5.486752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.353486,
        "energy": 66.813525,
        "activity_lines": [
          13601.071354,
          13485.826491,
          13056.682268,
          12750.151743
        ]
      },
      {
        "date": "2025-08-15",
        "close": 13889.154297,
        "volume": 37042,
        "typical_volume": 13481.1,
        "trend": 12455.387044,
        "fair_value": 11270.104761,
        "relative_strength": -5.063776,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.543323,
        "energy": 67.226595,
        "activity_lines": [
          13701.222917,
          13587.587322,
          13174.052028,
          12847.57655
        ]
      },
      {
        "date": "2025-08-22",
        "close": 13687.375,
        "volume": 9384,
        "typical_volume": 11846.25,
        "trend": 12523.411654,
        "fair_value": 11290.809683,
        "relative_strength": -4.701033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.688725,
        "energy": 55.093643,
        "activity_lines": [
          13711.314583,
          13632.374609,
          13263.618969,
          12927.059644
        ]
      },
      {
        "date": "2025-08-29",
        "close": 13785.46582,
        "volume": 3030,
        "typical_volume": 11011.05,
        "trend": 12597.683822,
        "fair_value": 11314.45618,
        "relative_strength": -4.465685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.49449,
        "energy": 54.874636,
        "activity_lines": [
          13750.17845,
          13676.819087,
          13352.673847,
          13008.482493
        ]
      },
      {
        "date": "2025-09-05",
        "close": 13872.287109,
        "volume": 10426,
        "typical_volume": 11040.15,
        "trend": 12673.596224,
        "fair_value": 11339.515181,
        "relative_strength": -4.356458,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.181258,
        "energy": 50.976959,
        "activity_lines": [
          13807.51862,
          13725.234126,
          13438.415327,
          13090.714963
        ]
      },
      {
        "date": "2025-09-12",
        "close": 14754.981445,
        "volume": 27002,
        "typical_volume": 12086.95,
        "trend": 12769.371159,
        "fair_value": 11370.34293,
        "relative_strength": -3.919385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.457246,
        "energy": 63.357134,
        "activity_lines": [
          14125.623828,
          13924.486292,
          13597.308217,
          13224.997881
        ]
      },
      {
        "date": "2025-09-19",
        "close": 15025.09668,
        "volume": 13222,
        "typical_volume": 12690.45,
        "trend": 12865.216309,
        "fair_value": 11404.862605,
        "relative_strength": -3.522925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.292609,
        "energy": 81.832552,
        "activity_lines": [
          14468.038476,
          14148.453658,
          13768.181873,
          13370.52856
        ]
      },
      {
        "date": "2025-09-26",
        "close": 14986.509766,
        "volume": 9649,
        "typical_volume": 13086.95,
        "trend": 12973.879525,
        "fair_value": 11442.228315,
        "relative_strength": -2.067887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.410457,
        "energy": 87.313708,
        "activity_lines": [
          14721.861328,
          14338.533505,
          13920.688932,
          13507.386202
        ]
      },
      {
        "date": "2025-10-03",
        "close": 15294.530273,
        "volume": 6597,
        "typical_volume": 12996.05,
        "trend": 13089.196549,
        "fair_value": 11479.714174,
        "relative_strength": -4.57153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.898681,
        "energy": 90.801755,
        "activity_lines": [
          14991.748698,
          14559.926065,
          14088.859826,
          13657.105605
        ]
      },
      {
        "date": "2025-10-10",
        "close": 15580.274414,
        "volume": 20758,
        "typical_volume": 13190.8,
        "trend": 13211.681738,
        "fair_value": 11519.585249,
        "relative_strength": -4.36012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.136189,
        "energy": 89.695258,
        "activity_lines": [
          15256.279818,
          14802.980717,
          14270.394833,
          13817.820306
        ]
      },
      {
        "date": "2025-10-17",
        "close": 15798.214844,
        "volume": 42440,
        "typical_volume": 14617.35,
        "trend": 13326.977539,
        "fair_value": 11560.715013,
        "relative_strength": -6.473971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.279115,
        "energy": 81.55461,
        "activity_lines": [
          15479.591927,
          15045.479386,
          14456.955808,
          13984.69341
        ]
      },
      {
        "date": "2025-10-24",
        "close": 16098.486328,
        "volume": 18564,
        "typical_volume": 14843.15,
        "trend": 13460.722135,
        "fair_value": 11602.746657,
        "relative_strength": -9.181527,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.606692,
        "energy": 72.043266,
        "activity_lines": [
          15733.445638,
          15305.678906,
          14656.961235,
          14163.500428
        ]
      },
      {
        "date": "2025-10-31",
        "close": 16226.314453,
        "volume": 25183,
        "typical_volume": 15644.15,
        "trend": 13614.331771,
        "fair_value": 11644.763296,
        "relative_strength": -11.942537,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.430507,
        "energy": 76.995363,
        "activity_lines": [
          15958.349414,
          15548.950231,
          14853.307036,
          14341.925739
        ]
      },
      {
        "date": "2025-11-07",
        "close": 16236.040039,
        "volume": 20253,
        "typical_volume": 16038.05,
        "trend": 13777.09222,
        "fair_value": 11684.978722,
        "relative_strength": -8.296132,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.95924,
        "energy": 67.830859,
        "activity_lines": [
          16103.841406,
          15747.827308,
          15033.72812,
          14511.068208
        ]
      },
      {
        "date": "2025-11-14",
        "close": 15691.433594,
        "volume": 18455,
        "typical_volume": 16432.5,
        "trend": 13914.133464,
        "fair_value": 11722.315004,
        "relative_strength": -12.418821,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.212375,
        "energy": 58.38447,
        "activity_lines": [
          16005.030599,
          15803.129137,
          15147.518085,
          14634.574103
        ]
      },
      {
        "date": "2025-11-21",
        "close": 15176.003906,
        "volume": 29432,
        "typical_volume": 17626.95,
        "trend": 14024.379004,
        "fair_value": 11756.152544,
        "relative_strength": -11.600473,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.898141,
        "energy": 43.049226,
        "activity_lines": [
          15726.999284,
          15731.641087,
          15201.028804,
          14715.9851
        ]
      },
      {
        "date": "2025-11-28",
        "close": 15601.897461,
        "volume": 5789,
        "typical_volume": 17738.35,
        "trend": 14146.447266,
        "fair_value": 11792.829083,
        "relative_strength": -10.600112,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.136697,
        "energy": 32.888724,
        "activity_lines": [
          15632.413216,
          15729.933274,
          15286.706343,
          14817.760484
        ]
      },
      {
        "date": "2025-12-05",
        "close": 16290.216797,
        "volume": 5960,
        "typical_volume": 17826.0,
        "trend": 14285.604329,
        "fair_value": 11834.78361,
        "relative_strength": -10.374502,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.132261,
        "energy": 35.516581,
        "activity_lines": [
          15800.372852,
          15842.887145,
          15428.153604,
          14956.068196
        ]
      },
      {
        "date": "2025-12-12",
        "close": 16465.957031,
        "volume": 9513,
        "typical_volume": 17936.9,
        "trend": 14421.599186,
        "fair_value": 11878.646585,
        "relative_strength": -10.634082,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.352961,
        "energy": 43.830695,
        "activity_lines": [
          16022.652409,
          15964.090021,
          15573.663207,
          15096.736112
        ]
      },
      {
        "date": "2025-12-19",
        "close": 16148.648438,
        "volume": 12254,
        "typical_volume": 17976.55,
        "trend": 14550.656836,
        "fair_value": 11921.229542,
        "relative_strength": -8.946185,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.84331,
        "energy": 43.715394,
        "activity_lines": [
          16123.834636,
          16006.301758,
          15675.441262,
          15208.158644
        ]
      },
      {
        "date": "2025-12-26",
        "close": 16592.878906,
        "volume": 5818,
        "typical_volume": 16538.55,
        "trend": 14683.215462,
        "fair_value": 11967.86586,
        "relative_strength": -8.679855,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.946734,
        "energy": 52.517958,
        "activity_lines": [
          16342.612695,
          16118.948597,
          15806.296708,
          15339.914907
        ]
      },
      {
        "date": "2026-01-02",
        "close": 17223.189453,
        "volume": 22918,
        "typical_volume": 15832.35,
        "trend": 14831.541699,
        "fair_value": 12016.833696,
        "relative_strength": -8.930635,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.607862,
        "energy": 56.119692,
        "activity_lines": [
          16677.035937,
          16331.748917,
          15983.73491,
          15503.784196
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17443.748047,
        "volume": 22263,
        "typical_volume": 16476.3,
        "trend": 14990.079557,
        "fair_value": 12064.58195,
        "relative_strength": -13.026191,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.270056,
        "energy": 60.712317,
        "activity_lines": [
          16976.892578,
          16564.201651,
          16166.302334,
          15672.313638
        ]
      },
      {
        "date": "2026-01-16",
        "close": 18036.806641,
        "volume": 13411,
        "typical_volume": 16995.35,
        "trend": 15153.451986,
        "fair_value": 12115.767666,
        "relative_strength": -14.468397,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.409135,
        "energy": 73.994774,
        "activity_lines": [
          17397.533333,
          16882.348065,
          16387.464039,
          15868.876676
        ]
      },
      {
        "date": "2026-01-23",
        "close": 18213.251953,
        "volume": 20881,
        "typical_volume": 17518.1,
        "trend": 15315.847526,
        "fair_value": 12166.207419,
        "relative_strength": -15.866732,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.530413,
        "energy": 80.717351,
        "activity_lines": [
          17772.265885,
          17199.834233,
          16605.185579,
          16066.283125
        ]
      },
      {
        "date": "2026-01-30",
        "close": 18311.417969,
        "volume": 8882,
        "typical_volume": 16612.1,
        "trend": 15479.122624,
        "fair_value": 12217.248329,
        "relative_strength": -18.815788,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.583507,
        "energy": 76.306114,
        "activity_lines": [
          18042.080208,
          17489.317525,
          16811.585003,
          16259.545735
        ]
      },
      {
        "date": "2026-02-06",
        "close": 18375.394531,
        "volume": 9257,
        "typical_volume": 16413.85,
        "trend": 15640.06403,
        "fair_value": 12268.530593,
        "relative_strength": -15.998239,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.652343,
        "energy": 69.910028,
        "activity_lines": [
          18218.650781,
          17733.425391,
          17007.14202,
          16446.401987
        ]
      },
      {
        "date": "2026-02-13",
        "close": 18429.523438,
        "volume": 20187,
        "typical_volume": 16940.75,
        "trend": 15800.098014,
        "fair_value": 12320.750432,
        "relative_strength": -21.709561,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.426943,
        "energy": 57.036011,
        "activity_lines": [
          18336.450651,
          17936.947656,
          17191.900372,
          16626.36711
        ]
      },
      {
        "date": "2026-02-20",
        "close": 19015.134766,
        "volume": 4772,
        "typical_volume": 16849.5,
        "trend": 15979.652376,
        "fair_value": 12377.230369,
        "relative_strength": -22.963332,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.868503,
        "energy": 58.859734,
        "activity_lines": [
          18583.735938,
          18208.048225,
          17416.035928,
          16833.788836
        ]
      },
      {
        "date": "2026-02-27",
        "close": 19569.769531,
        "volume": 18667,
        "typical_volume": 16744.95,
        "trend": 16186.30166,
        "fair_value": 12437.463191,
        "relative_strength": -25.744616,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.895871,
        "energy": 63.803412,
        "activity_lines": [
          18950.677604,
          18533.642791,
          17675.276679,
          17065.409297
        ]
      },
      {
        "date": "2026-03-06",
        "close": 18769.390625,
        "volume": 12049,
        "typical_volume": 15225.4,
        "trend": 16352.979785,
        "fair_value": 12493.807016,
        "relative_strength": -19.916365,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.400501,
        "energy": 49.836888,
        "activity_lines": [
          18960.391797,
          18651.511719,
          17839.293271,
          17232.060198
        ]
      },
      {
        "date": "2026-03-13",
        "close": 18962.074219,
        "volume": 8197,
        "typical_volume": 14707.05,
        "trend": 16522.077116,
        "fair_value": 12550.962722,
        "relative_strength": -17.205732,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.578486,
        "energy": 45.704721,
        "activity_lines": [
          19003.802344,
          18764.841087,
          18007.512226,
          17400.388871
        ]
      },
      {
        "date": "2026-03-20",
        "close": 19861.265625,
        "volume": 7101,
        "typical_volume": 13802.95,
        "trend": 16727.87347,
        "fair_value": 12613.402751,
        "relative_strength": -17.218837,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.494867,
        "energy": 48.770049,
        "activity_lines": [
          19307.83138,
          19010.043715,
          18247.732324,
          17615.820388
        ]
      },
      {
        "date": "2026-03-27",
        "close": 19214.044922,
        "volume": 6106,
        "typical_volume": 13095.6,
        "trend": 16908.826107,
        "fair_value": 12670.194298,
        "relative_strength": -14.403005,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.786285,
        "energy": 39.734222,
        "activity_lines": [
          19300.670703,
          19093.614986,
          18409.003065,
          17776.218546
        ]
      },
      {
        "date": "2026-04-03",
        "close": 19147.576172,
        "volume": 14951,
        "typical_volume": 12920.4,
        "trend": 17084.669076,
        "fair_value": 12725.908466,
        "relative_strength": -13.25697,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.477771,
        "energy": 37.417439,
        "activity_lines": [
          19258.093099,
          19143.696698,
          18549.762472,
          17920.654034
        ]
      },
      {
        "date": "2026-04-10",
        "close": 21196.267578,
        "volume": 60471,
        "typical_volume": 14472.35,
        "trend": 17299.378613,
        "fair_value": 12793.452687,
        "relative_strength": -11.433352,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.256194,
        "energy": 49.564658,
        "activity_lines": [
          19926.558854,
          19549.280043,
          18869.177525,
          18185.918454
        ]
      },
      {
        "date": "2026-04-17",
        "close": 22074.279297,
        "volume": 84561,
        "typical_volume": 18410.95,
        "trend": 17534.351367,
        "fair_value": 12867.078263,
        "relative_strength": -12.27232,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.428631,
        "energy": 64.404036,
        "activity_lines": [
          20725.903385,
          20062.050071,
          19243.54482,
          18493.976563
        ]
      },
      {
        "date": "2026-04-24",
        "close": 22267.736328,
        "volume": 41406,
        "typical_volume": 20183.25,
        "trend": 17777.058919,
        "fair_value": 12942.752485,
        "relative_strength": -14.888323,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.589082,
        "energy": 76.888617,
        "activity_lines": [
          21382.253255,
          20542.741655,
          19605.515727,
          18799.356237
        ]
      },
      {
        "date": "2026-05-01",
        "close": 22348.328125,
        "volume": 13034,
        "typical_volume": 20359.3,
        "trend": 18012.185514,
        "fair_value": 13019.283923,
        "relative_strength": -15.662673,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.507562,
        "energy": 81.980098,
        "activity_lines": [
          21905.035677,
          20968.300604,
          19946.697666,
          19094.276831
        ]
      },
      {
        "date": "2026-05-08",
        "close": 22616.150391,
        "volume": 80356,
        "typical_volume": 23764.4,
        "trend": 18246.714714,
        "fair_value": 13097.844351,
        "relative_strength": -24.275655,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.831831,
        "energy": 81.466268,
        "activity_lines": [
          22308.139974,
          21381.950994,
          20285.375195,
          19391.306823
        ]
      },
      {
        "date": "2026-05-15",
        "close": 21341.511719,
        "volume": 38411,
        "typical_volume": 25394.05,
        "trend": 18431.491276,
        "fair_value": 13166.389173,
        "relative_strength": -27.847114,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.745576,
        "energy": 58.338365,
        "activity_lines": [
          22055.126432,
          21508.460156,
          20471.860938,
          19590.971146
        ]
      },
      {
        "date": "2026-05-22",
        "close": 22516.957031,
        "volume": 21246,
        "typical_volume": 25310.45,
        "trend": 18645.4403,
        "fair_value": 13241.901236,
        "relative_strength": -26.644975,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.463478,
        "energy": 50.403899,
        "activity_lines": [
          22184.245052,
          21801.92081,
          20747.681315,
          19854.549582
        ]
      },
      {
        "date": "2026-05-29",
        "close": 23736.488281,
        "volume": 13789,
        "typical_volume": 24886.75,
        "trend": 18895.779427,
        "fair_value": 13324.332958,
        "relative_strength": -27.738691,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.63236,
        "energy": 54.594991,
        "activity_lines": [
          22690.36224,
          22252.480185,
          21114.439109,
          20183.004291
        ]
      },
      {
        "date": "2026-06-05",
        "close": 22631.074219,
        "volume": 1564,
        "typical_volume": 24294.4,
        "trend": 19108.947233,
        "fair_value": 13398.712647,
        "relative_strength": -27.805983,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.509583,
        "energy": 48.13878,
        "activity_lines": [
          22730.091276,
          22431.596591,
          21345.953944,
          20423.991051
        ]
      },
      {
        "date": "2026-06-12",
        "close": 23507.4375,
        "volume": 1719,
        "typical_volume": 23336.3,
        "trend": 19369.480697,
        "fair_value": 13479.051007,
        "relative_strength": -24.103146,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.222115,
        "energy": 53.090186,
        "activity_lines": [
          23043.091667,
          22707.92397,
          21639.054483,
          20707.764617
        ]
      },
      {
        "date": "2026-06-19",
        "close": 24846.878906,
        "volume": 6311,
        "typical_volume": 23207.75,
        "trend": 19691.843197,
        "fair_value": 13569.026812,
        "relative_strength": -27.423004,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.216994,
        "energy": 69.748594,
        "activity_lines": [
          23743.153385,
          23148.515945,
          22034.510463,
          21061.145147
        ]
      },
      {
        "date": "2026-06-26",
        "close": 23992.46875,
        "volume": 3296,
        "typical_volume": 22909.7,
        "trend": 19971.528906,
        "fair_value": 13653.439916,
        "relative_strength": -23.991332,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.989792,
        "energy": 55.931336,
        "activity_lines": [
          23924.720573,
          23367.385866,
          22317.472805,
          21338.60486
        ]
      },
      {
        "date": "2026-07-03",
        "close": 24779.107422,
        "volume": 2467,
        "typical_volume": 22023.7,
        "trend": 20254.491927,
        "fair_value": 13744.319167,
        "relative_strength": -17.806291,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.042367,
        "energy": 56.702403,
        "activity_lines": [
          24270.133203,
          23694.40483,
          22648.605143,
          21648.771216
        ]
      },
      {
        "date": "2026-07-10",
        "close": 23962.595703,
        "volume": 12316,
        "typical_volume": 22400.9,
        "trend": 20504.379883,
        "fair_value": 13827.003324,
        "relative_strength": -13.530453,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.469429,
        "energy": 48.377072,
        "activity_lines": [
          24273.867318,
          23827.305824,
          22871.738346,
          21888.003717
        ]
      },
      {
        "date": "2026-07-17",
        "close": 22543.660156,
        "volume": 16095,
        "typical_volume": 22272.3,
        "trend": 20717.54694,
        "fair_value": 13901.388972,
        "relative_strength": -10.383683,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.846555,
        "energy": 35.565939,
        "activity_lines": [
          23715.854818,
          23672.868217,
          22936.175493,
          22019.570186
        ]
      },
      {
        "date": "2026-07-24",
        "close": 22578.511719,
        "volume": 13912,
        "typical_volume": 22365.45,
        "trend": 20917.068034,
        "fair_value": 13975.684814,
        "relative_strength": -8.0751,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.327509,
        "energy": 23.23993,
        "activity_lines": [
          23233.711328,
          23526.085263,
          22989.770452,
          22139.63243
        ]
      },
      {
        "date": "2026-07-31",
        "close": 22410.0,
        "volume": 9027,
        "typical_volume": 22406.95,
        "trend": 21089.961719,
        "fair_value": 14049.29906,
        "relative_strength": -7.011895,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.869781,
        "energy": 17.97678,
        "activity_lines": [
          22846.621745,
          23326.172905,
          23009.178004,
          22235.950622
        ]
      },
      {
        "date": "2026-08-07",
        "close": 21185.0,
        "volume": 7789,
        "typical_volume": 22441.35,
        "trend": 21214.670117,
        "fair_value": 14115.544747,
        "relative_strength": -6.9231,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.091412,
        "energy": 15.638322,
        "activity_lines": [
          22156.696745,
          22905.477947,
          22895.500195,
          22242.082124
        ]
      }
    ],
    "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."
    }
  }
}