{
  "ticker": {
    "uuid": "8a67e638-9ae1-448f-99d2-4869e3904552",
    "symbol": "GODREJPROP",
    "name": "Godrej Properties Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 76.893,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 64.33,
    "architecture_energy": 69.297,
    "architecture_maturity": 18.904,
    "architecture_confidence": 82.588,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 20.04,
        "rotation_up": 70.08,
        "upward_expansion": 88.17,
        "deceleration": 49.45,
        "rotation_down": 12.36,
        "downward_expansion": 14.83
      },
      "activity_lines": [
        2075.755884,
        2017.504596,
        1913.872274,
        1848.709683
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 2070.0,
    "trend_reference": 1782.482084,
    "distance_from_trend": 0.161302,
    "trend_direction": "Weakening",
    "fair_value": 2226.427319,
    "distance_from_fair_value": -0.070259,
    "fair_value_direction": "Improving",
    "relative_strength": 9.439453,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.21779,
    "excess_performance": 0.261499,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.161302,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.025076,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.070259,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.07641,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.094395,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.124042,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.21779,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.979538,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 4247596,
      "relative_activity": 1.208785,
      "balance": 0.979538,
      "dry_up": 1.113796,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.060442,
      "annualized_volatility": 0.338307,
      "from_high_reference": -0.119898,
      "from_low_reference": 0.443515
    },
    "levels": {
      "trend_reference": 1782.482084,
      "fair_value_reference": 2226.427319,
      "structural_low": 1434.0,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": 0.051073,
        "positive_rate": 0.631579,
        "directional_follow_through": 0.631579,
        "median_excess_return": 0.006583,
        "regime_survival": 0.736842,
        "best_return": 0.487039,
        "worst_return": -0.134426,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.184174,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.116484,
        "regime_survival": 0.571429,
        "best_return": 0.393765,
        "worst_return": -0.269198,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.184208,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.076934,
        "regime_survival": 0.5,
        "best_return": 0.48877,
        "worst_return": -0.011432,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.059132,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.147643,
        "regime_survival": 0.333333,
        "best_return": 1.009616,
        "worst_return": -0.14148,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-06",
        "end": "2024-12-13",
        "tenure": "New",
        "return": 0.030362,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-20",
        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.164376,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-17",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": -0.093537,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-13",
        "tenure": "New",
        "return": 0.070505,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-20",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": -0.027385,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-25",
        "end": "2025-08-08",
        "tenure": "New",
        "return": -0.117244,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-15",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 0.010844,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-03",
        "end": "2025-10-24",
        "tenure": "New",
        "return": 0.125332,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-10-31",
        "end": "2025-11-21",
        "tenure": "New",
        "return": -0.086145,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-28",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.058214,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-16",
        "end": "2026-05-08",
        "tenure": "Established",
        "return": -0.008152,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-15",
        "end": "2026-07-03",
        "tenure": "Developing",
        "return": 0.15909,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-10",
        "end": "2026-07-17",
        "tenure": "New",
        "return": -0.014487,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.02529,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1526.0,
        "volume": 1905860,
        "typical_volume": 3832758.45,
        "trend": 1344.758325,
        "fair_value": 1429.328521,
        "relative_strength": 9.455324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.480027,
        "energy": 36.933259,
        "activity_lines": [
          1563.229988,
          1584.570896,
          1524.205464,
          1443.725152
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1595.199951,
        "volume": 2746115,
        "typical_volume": 3865461.25,
        "trend": 1358.383325,
        "fair_value": 1433.766341,
        "relative_strength": 14.561751,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.637688,
        "energy": 26.419658,
        "activity_lines": [
          1564.239974,
          1587.093617,
          1537.921413,
          1459.882676
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1643.650024,
        "volume": 3232208,
        "typical_volume": 3655246.45,
        "trend": 1374.818327,
        "fair_value": 1438.409931,
        "relative_strength": 16.897477,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.310368,
        "energy": 32.748614,
        "activity_lines": [
          1583.523323,
          1597.35908,
          1554.014273,
          1478.286979
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1693.25,
        "volume": 2498126,
        "typical_volume": 3635668.5,
        "trend": 1390.968327,
        "fair_value": 1443.640379,
        "relative_strength": 17.88758,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.045634,
        "energy": 46.464953,
        "activity_lines": [
          1626.559993,
          1614.020901,
          1573.114036,
          1498.830958
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1660.849976,
        "volume": 2450001,
        "typical_volume": 3622242.5,
        "trend": 1407.528324,
        "fair_value": 1448.418264,
        "relative_strength": 13.308989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.714392,
        "energy": 48.952473,
        "activity_lines": [
          1648.306657,
          1622.522716,
          1587.124749,
          1516.242677
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1538.800049,
        "volume": 1976969,
        "typical_volume": 3504011.05,
        "trend": 1422.804993,
        "fair_value": 1452.805123,
        "relative_strength": 7.537624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.568408,
        "energy": 39.486706,
        "activity_lines": [
          1619.976677,
          1607.397272,
          1587.865946,
          1524.711821
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1554.099976,
        "volume": 3546494,
        "typical_volume": 3556236.7,
        "trend": 1435.691659,
        "fair_value": 1457.211853,
        "relative_strength": 8.538923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.441295,
        "energy": 26.92749,
        "activity_lines": [
          1595.893335,
          1597.368177,
          1589.042373,
          1533.182465
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1675.0,
        "volume": 2525543,
        "typical_volume": 3354336.85,
        "trend": 1452.791659,
        "fair_value": 1462.098071,
        "relative_strength": 16.450948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.956743,
        "energy": 31.371463,
        "activity_lines": [
          1614.85,
          1610.64727,
          1600.705469,
          1548.621713
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1688.199951,
        "volume": 5068438,
        "typical_volume": 3509737.3,
        "trend": 1471.619991,
        "fair_value": 1467.373392,
        "relative_strength": 16.273442,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.220797,
        "energy": 31.756724,
        "activity_lines": [
          1636.11665,
          1627.725444,
          1611.945704,
          1563.809344
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1649.5,
        "volume": 2250262,
        "typical_volume": 3450278.9,
        "trend": 1491.774992,
        "fair_value": 1471.231725,
        "relative_strength": 14.342348,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.253638,
        "energy": 33.136226,
        "activity_lines": [
          1644.819987,
          1634.998173,
          1617.99499,
          1575.285474
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1602.199951,
        "volume": 2582634,
        "typical_volume": 3485805.6,
        "trend": 1510.813322,
        "fair_value": 1474.871148,
        "relative_strength": 13.536337,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.588827,
        "energy": 32.82892,
        "activity_lines": [
          1638.513306,
          1631.315439,
          1618.482129,
          1582.409665
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1784.400024,
        "volume": 5702328,
        "typical_volume": 3394393.1,
        "trend": 1532.781657,
        "fair_value": 1480.211213,
        "relative_strength": 24.488788,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 75.240113,
        "energy": 56.997683,
        "activity_lines": [
          1688.713322,
          1659.374536,
          1635.501181,
          1600.06042
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1817.650024,
        "volume": 5852814,
        "typical_volume": 3490500.15,
        "trend": 1550.599992,
        "fair_value": 1485.514738,
        "relative_strength": 24.792832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.789044,
        "energy": 66.172467,
        "activity_lines": [
          1734.643335,
          1690.039087,
          1654.50666,
          1618.439024
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1862.900024,
        "volume": 2564735,
        "typical_volume": 3476729.55,
        "trend": 1570.278324,
        "fair_value": 1490.646149,
        "relative_strength": 25.116509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.678593,
        "energy": 76.557822,
        "activity_lines": [
          1786.146679,
          1725.767274,
          1676.306425,
          1638.587413
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1841.050049,
        "volume": 2723953,
        "typical_volume": 3375465.5,
        "trend": 1587.804993,
        "fair_value": 1494.976919,
        "relative_strength": 22.523467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.240141,
        "energy": 78.970736,
        "activity_lines": [
          1818.720027,
          1754.438192,
          1694.623097,
          1656.056557
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1872.650024,
        "volume": 1992492,
        "typical_volume": 3281070.75,
        "trend": 1606.086662,
        "fair_value": 1499.286854,
        "relative_strength": 21.070694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.769871,
        "energy": 79.038149,
        "activity_lines": [
          1849.056697,
          1785.578196,
          1714.715005,
          1674.433656
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1930.150024,
        "volume": 3084614,
        "typical_volume": 3314183.95,
        "trend": 1625.814994,
        "fair_value": 1503.304482,
        "relative_strength": 19.919424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.803755,
        "energy": 81.319695,
        "activity_lines": [
          1880.530029,
          1821.102745,
          1739.299531,
          1695.340969
        ]
      },
      {
        "date": "2023-12-15",
        "close": 2052.100098,
        "volume": 4284813,
        "typical_volume": 3291850.0,
        "trend": 1650.144999,
        "fair_value": 1507.643586,
        "relative_strength": 23.829913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.189224,
        "energy": 86.304572,
        "activity_lines": [
          1942.936719,
          1871.962762,
          1774.055016,
          1722.843234
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1971.699951,
        "volume": 4014952,
        "typical_volume": 3205227.65,
        "trend": 1670.131665,
        "fair_value": 1511.538458,
        "relative_strength": 18.792942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.157686,
        "energy": 74.104729,
        "activity_lines": [
          1962.913354,
          1901.348204,
          1799.724059,
          1743.588715
        ]
      },
      {
        "date": "2023-12-29",
        "close": 2013.349976,
        "volume": 2145219,
        "typical_volume": 3157428.5,
        "trend": 1689.661666,
        "fair_value": 1515.295509,
        "relative_strength": 18.437496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.506131,
        "energy": 74.854859,
        "activity_lines": [
          1989.520003,
          1933.151833,
          1827.284532,
          1765.731832
        ]
      },
      {
        "date": "2024-01-05",
        "close": 2244.300049,
        "volume": 5852974,
        "typical_volume": 3354784.2,
        "trend": 1716.808333,
        "fair_value": 1520.302881,
        "relative_strength": 30.983308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.939258,
        "energy": 90.645376,
        "activity_lines": [
          2081.623348,
          2000.33093,
          1874.490727,
          1801.514953
        ]
      },
      {
        "date": "2024-01-12",
        "close": 2273.800049,
        "volume": 4128148,
        "typical_volume": 3423885.85,
        "trend": 1741.383333,
        "fair_value": 1526.017624,
        "relative_strength": 30.491473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.815784,
        "energy": 91.353205,
        "activity_lines": [
          2158.783358,
          2061.199117,
          1921.085969,
          1837.449903
        ]
      },
      {
        "date": "2024-01-19",
        "close": 2343.399902,
        "volume": 3063669,
        "typical_volume": 3415458.9,
        "trend": 1769.514998,
        "fair_value": 1532.383329,
        "relative_strength": 34.872051,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.897588,
        "energy": 93.588884,
        "activity_lines": [
          2236.233317,
          2125.823639,
          1971.07834,
          1876.289681
        ]
      },
      {
        "date": "2024-01-26",
        "close": 2326.899902,
        "volume": 4314947,
        "typical_volume": 3506299.95,
        "trend": 1794.796663,
        "fair_value": 1539.24038,
        "relative_strength": 34.278409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.492365,
        "energy": 90.399585,
        "activity_lines": [
          2288.763289,
          2177.889074,
          2016.16714,
          1912.249998
        ]
      },
      {
        "date": "2024-02-02",
        "close": 2375.550049,
        "volume": 3560236,
        "typical_volume": 3561811.7,
        "trend": 1821.253332,
        "fair_value": 1545.512175,
        "relative_strength": 32.551801,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.489646,
        "energy": 90.327868,
        "activity_lines": [
          2333.82998,
          2230.363627,
          2062.871906,
          1949.717958
        ]
      },
      {
        "date": "2024-02-09",
        "close": 2256.800049,
        "volume": 4336004,
        "typical_volume": 3679763.45,
        "trend": 1840.943335,
        "fair_value": 1550.437816,
        "relative_strength": 25.282832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.361066,
        "energy": 66.306276,
        "activity_lines": [
          2315.166667,
          2251.52909,
          2094.863815,
          1977.817746
        ]
      },
      {
        "date": "2024-02-16",
        "close": 2302.899902,
        "volume": 2385389,
        "typical_volume": 3621708.2,
        "trend": 1863.471663,
        "fair_value": 1555.435572,
        "relative_strength": 25.191132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.745105,
        "energy": 62.808127,
        "activity_lines": [
          2311.036637,
          2274.091799,
          2127.827139,
          2007.621396
        ]
      },
      {
        "date": "2024-02-23",
        "close": 2468.850098,
        "volume": 3112454,
        "typical_volume": 3651053.75,
        "trend": 1887.368335,
        "fair_value": 1561.386213,
        "relative_strength": 31.678047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.469665,
        "energy": 66.773782,
        "activity_lines": [
          2360.28335,
          2320.05,
          2173.029529,
          2046.678069
        ]
      },
      {
        "date": "2024-03-01",
        "close": 2428.050049,
        "volume": 4615030,
        "typical_volume": 3628383.35,
        "trend": 1917.106669,
        "fair_value": 1567.350316,
        "relative_strength": 27.54101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.607222,
        "energy": 59.878352,
        "activity_lines": [
          2387.566699,
          2351.012738,
          2210.565962,
          2081.56076
        ]
      },
      {
        "date": "2024-03-08",
        "close": 2465.449951,
        "volume": 2747051,
        "typical_volume": 3653222.8,
        "trend": 1948.623336,
        "fair_value": 1573.85929,
        "relative_strength": 27.381882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.643148,
        "energy": 61.046189,
        "activity_lines": [
          2420.57334,
          2380.478183,
          2248.141195,
          2116.937746
        ]
      },
      {
        "date": "2024-03-15",
        "close": 2218.25,
        "volume": 4143662,
        "typical_volume": 3731274.2,
        "trend": 1971.698336,
        "fair_value": 1579.631726,
        "relative_strength": 16.147474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.139685,
        "energy": 47.780291,
        "activity_lines": [
          2365.18667,
          2356.778183,
          2258.288099,
          2134.333015
        ]
      },
      {
        "date": "2024-03-22",
        "close": 2246.449951,
        "volume": 2990610,
        "typical_volume": 3595688.3,
        "trend": 1993.406669,
        "fair_value": 1585.270187,
        "relative_strength": 16.202466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.960155,
        "energy": 33.383505,
        "activity_lines": [
          2321.769987,
          2338.679084,
          2268.187141,
          2152.058925
        ]
      },
      {
        "date": "2024-03-29",
        "close": 2300.100098,
        "volume": 1072982,
        "typical_volume": 3356696.7,
        "trend": 2015.288338,
        "fair_value": 1591.095508,
        "relative_strength": 16.632755,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.29871,
        "energy": 24.581777,
        "activity_lines": [
          2300.000016,
          2330.831832,
          2280.995483,
          2171.845598
        ]
      },
      {
        "date": "2024-04-05",
        "close": 2500.350098,
        "volume": 4288878,
        "typical_volume": 3442903.85,
        "trend": 2042.191675,
        "fair_value": 1598.391983,
        "relative_strength": 24.458306,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.059879,
        "energy": 31.737206,
        "activity_lines": [
          2356.230046,
          2360.180939,
          2310.577872,
          2203.139905
        ]
      },
      {
        "date": "2024-04-12",
        "close": 2671.5,
        "volume": 8479511,
        "typical_volume": 3730681.75,
        "trend": 2075.880009,
        "fair_value": 1606.947111,
        "relative_strength": 31.620327,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 79.177561,
        "energy": 52.134993,
        "activity_lines": [
          2464.690039,
          2417.494571,
          2353.424776,
          2243.740442
        ]
      },
      {
        "date": "2024-04-19",
        "close": 2500.899902,
        "volume": 2029147,
        "typical_volume": 3732514.5,
        "trend": 2107.950004,
        "fair_value": 1614.562175,
        "relative_strength": 24.207928,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.617085,
        "energy": 53.868828,
        "activity_lines": [
          2502.546663,
          2438.409095,
          2376.069527,
          2271.161081
        ]
      },
      {
        "date": "2024-04-26",
        "close": 2634.800049,
        "volume": 2592971,
        "typical_volume": 3707932.35,
        "trend": 2143.97334,
        "fair_value": 1622.680445,
        "relative_strength": 28.053847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.562157,
        "energy": 71.727762,
        "activity_lines": [
          2566.193343,
          2479.230922,
          2408.475008,
          2305.151406
        ]
      },
      {
        "date": "2024-05-03",
        "close": 2569.699951,
        "volume": 5164062,
        "typical_volume": 3751894.8,
        "trend": 2173.796671,
        "fair_value": 1631.163137,
        "relative_strength": 23.51694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.030645,
        "energy": 64.06642,
        "activity_lines": [
          2582.249984,
          2502.181818,
          2431.325002,
          2332.617639
        ]
      },
      {
        "date": "2024-05-10",
        "close": 2690.949951,
        "volume": 10368559,
        "typical_volume": 4069575.15,
        "trend": 2207.221672,
        "fair_value": 1640.584611,
        "relative_strength": 30.485305,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.334449,
        "energy": 52.510347,
        "activity_lines": [
          2620.749967,
          2545.344536,
          2463.257855,
          2365.982367
        ]
      },
      {
        "date": "2024-05-17",
        "close": 2852.800049,
        "volume": 3700293,
        "typical_volume": 4147328.85,
        "trend": 2247.331673,
        "fair_value": 1650.504804,
        "relative_strength": 34.302231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.125103,
        "energy": 61.820814,
        "activity_lines": [
          2700.493327,
          2613.154545,
          2507.180003,
          2407.632585
        ]
      },
      {
        "date": "2024-05-24",
        "close": 2737.0,
        "volume": 2948687,
        "typical_volume": 4002114.5,
        "trend": 2285.158341,
        "fair_value": 1659.332689,
        "relative_strength": 24.949897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.212953,
        "energy": 50.902441,
        "activity_lines": [
          2729.55,
          2652.867272,
          2536.076193,
          2439.22409
        ]
      },
      {
        "date": "2024-05-31",
        "close": 2778.699951,
        "volume": 3557176,
        "typical_volume": 3973565.9,
        "trend": 2318.301672,
        "fair_value": 1668.113137,
        "relative_strength": 28.059027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.522333,
        "energy": 54.204401,
        "activity_lines": [
          2756.76665,
          2690.729989,
          2566.597617,
          2471.065484
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2873.550049,
        "volume": 5967182,
        "typical_volume": 4118741.55,
        "trend": 2353.49834,
        "fair_value": 1677.419548,
        "relative_strength": 26.93706,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.827478,
        "energy": 51.808485,
        "activity_lines": [
          2806.006673,
          2736.160906,
          2603.748098,
          2506.88796
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2998.5,
        "volume": 4097143,
        "typical_volume": 4107851.35,
        "trend": 2391.351672,
        "fair_value": 1687.749035,
        "relative_strength": 30.276376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.190789,
        "energy": 57.852278,
        "activity_lines": [
          2876.640007,
          2793.883634,
          2650.27405,
          2548.50097
        ]
      },
      {
        "date": "2024-06-21",
        "close": 3007.300049,
        "volume": 2005185,
        "typical_volume": 4030098.8,
        "trend": 2430.226672,
        "fair_value": 1698.04551,
        "relative_strength": 29.254283,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.99373,
        "energy": 62.170162,
        "activity_lines": [
          2929.703353,
          2844.149099,
          2694.440007,
          2588.239575
        ]
      },
      {
        "date": "2024-06-28",
        "close": 3207.899902,
        "volume": 3891173,
        "typical_volume": 4007857.25,
        "trend": 2474.735002,
        "fair_value": 1709.70897,
        "relative_strength": 33.604342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.634468,
        "energy": 75.365054,
        "activity_lines": [
          3039.333317,
          2924.781809,
          2754.702377,
          2638.412041
        ]
      },
      {
        "date": "2024-07-05",
        "close": 3281.699951,
        "volume": 4634354,
        "typical_volume": 4120305.5,
        "trend": 2519.786666,
        "fair_value": 1721.255445,
        "relative_strength": 33.554262,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.514283,
        "energy": 83.819875,
        "activity_lines": [
          3142.169971,
          3005.978165,
          2817.464278,
          2690.474296
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3262.0,
        "volume": 2234918,
        "typical_volume": 4076428.7,
        "trend": 2560.116663,
        "fair_value": 1732.051598,
        "relative_strength": 30.5939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.933521,
        "energy": 83.712178,
        "activity_lines": [
          3204.906641,
          3071.830895,
          2873.689039,
          2738.359027
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3245.75,
        "volume": 2155201,
        "typical_volume": 3953437.25,
        "trend": 2602.584998,
        "fair_value": 1742.847752,
        "relative_strength": 28.580447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.814691,
        "energy": 79.64154,
        "activity_lines": [
          3236.32998,
          3122.141806,
          2924.589278,
          2782.593436
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3128.699951,
        "volume": 4416913,
        "typical_volume": 4036930.35,
        "trend": 2639.76333,
        "fair_value": 1752.632046,
        "relative_strength": 21.590269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.666445,
        "energy": 57.61541,
        "activity_lines": [
          3212.253304,
          3141.083616,
          2960.448083,
          2816.536336
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3001.550049,
        "volume": 8958311,
        "typical_volume": 4277662.8,
        "trend": 2665.004997,
        "fair_value": 1761.72788,
        "relative_strength": 16.279345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.905608,
        "energy": 43.772142,
        "activity_lines": [
          3137.7,
          3131.8909,
          2981.03904,
          2839.877415
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2925.699951,
        "volume": 6091261,
        "typical_volume": 4432695.35,
        "trend": 2686.734993,
        "fair_value": 1770.569226,
        "relative_strength": 14.090957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.347518,
        "energy": 27.646792,
        "activity_lines": [
          3051.619987,
          3104.097257,
          2990.676179,
          2856.696444
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2940.25,
        "volume": 2147265,
        "typical_volume": 4486409.5,
        "trend": 2706.629997,
        "fair_value": 1779.898073,
        "relative_strength": 13.004858,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.95434,
        "energy": 24.445917,
        "activity_lines": [
          2994.123324,
          3076.276349,
          2998.464512,
          2873.052251
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2883.649902,
        "volume": 2716170,
        "typical_volume": 4407774.1,
        "trend": 2725.18833,
        "fair_value": 1788.936214,
        "relative_strength": 8.911252,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.374501,
        "energy": 24.517501,
        "activity_lines": [
          2939.209961,
          3036.951789,
          2997.814028,
          2884.47289
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2909.25,
        "volume": 2318339,
        "typical_volume": 4099715.5,
        "trend": 2742.978328,
        "fair_value": 1797.454483,
        "relative_strength": 7.48583,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.307069,
        "energy": 21.784845,
        "activity_lines": [
          2916.969971,
          3004.369975,
          2997.77641,
          2896.347837
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2856.449951,
        "volume": 2269074,
        "typical_volume": 4111711.85,
        "trend": 2762.966658,
        "fair_value": 1805.626918,
        "relative_strength": 6.600695,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.798997,
        "energy": 16.281224,
        "activity_lines": [
          2891.759961,
          2963.970881,
          2991.578074,
          2903.668587
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2950.850098,
        "volume": 1954069,
        "typical_volume": 4079766.75,
        "trend": 2784.564998,
        "fair_value": 1814.09679,
        "relative_strength": 7.280321,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.904015,
        "energy": 15.066277,
        "activity_lines": [
          2907.690007,
          2947.125448,
          2992.677132,
          2915.790099
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2988.0,
        "volume": 3529171,
        "typical_volume": 3998022.2,
        "trend": 2801.869995,
        "fair_value": 1819.20288,
        "relative_strength": 6.093091,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.824409,
        "energy": 9.805295,
        "activity_lines": [
          2934.326676,
          2943.049996,
          2995.809276,
          2928.914938
        ]
      },
      {
        "date": "2024-09-27",
        "close": 3191.399902,
        "volume": 8309578,
        "typical_volume": 3895073.15,
        "trend": 2827.31499,
        "fair_value": 1825.344546,
        "relative_strength": 10.801065,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.617584,
        "energy": 26.624535,
        "activity_lines": [
          3025.57998,
          2980.938161,
          3016.320934,
          2954.045899
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2897.449951,
        "volume": 3685625,
        "typical_volume": 3894339.75,
        "trend": 2841.71499,
        "fair_value": 1828.792943,
        "relative_strength": 4.717769,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.643253,
        "energy": 16.126216,
        "activity_lines": [
          2998.333301,
          2966.369065,
          3006.454264,
          2958.570736
        ]
      },
      {
        "date": "2024-10-11",
        "close": 3014.25,
        "volume": 3106494,
        "typical_volume": 3902230.1,
        "trend": 2868.248324,
        "fair_value": 1832.071789,
        "relative_strength": 8.493541,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.217115,
        "energy": 19.636441,
        "activity_lines": [
          3010.806641,
          2977.240887,
          3007.49879,
          2969.702027
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3133.649902,
        "volume": 3342458,
        "typical_volume": 3891494.2,
        "trend": 2897.821655,
        "fair_value": 1837.089417,
        "relative_strength": 12.48121,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 45.167273,
        "energy": 27.42477,
        "activity_lines": [
          3052.559944,
          3009.590873,
          3018.594496,
          2986.824709
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2929.25,
        "volume": 4240202,
        "typical_volume": 3805145.2,
        "trend": 2918.793319,
        "fair_value": 1841.550635,
        "relative_strength": 7.389711,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.156777,
        "energy": 10.343067,
        "activity_lines": [
          3013.993294,
          3000.996333,
          3008.533308,
          2988.852344
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2882.699951,
        "volume": 2020460,
        "typical_volume": 3701311.05,
        "trend": 2931.538314,
        "fair_value": 1844.453199,
        "relative_strength": 4.685122,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.511846,
        "energy": 3.939317,
        "activity_lines": [
          2963.826627,
          2984.138148,
          2993.773543,
          2986.52374
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2685.199951,
        "volume": 2166330,
        "typical_volume": 3709368.3,
        "trend": 2931.994979,
        "fair_value": 1846.974033,
        "relative_strength": -2.149266,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -39.365554,
        "energy": 37.623556,
        "activity_lines": [
          2868.406624,
          2931.388144,
          2960.755684,
          2970.630942
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2595.300049,
        "volume": 2200284,
        "typical_volume": 3624823.85,
        "trend": 2935.14165,
        "fair_value": 1849.65288,
        "relative_strength": -3.211676,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -45.042428,
        "energy": 57.700498,
        "activity_lines": [
          2757.169987,
          2866.36634,
          2920.709739,
          2948.908689
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2857.149902,
        "volume": 2600350,
        "typical_volume": 3523123.65,
        "trend": 2942.553312,
        "fair_value": 1854.533648,
        "relative_strength": 4.417263,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.867661,
        "energy": 51.135725,
        "activity_lines": [
          2761.146631,
          2853.70178,
          2908.519017,
          2943.876963
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2776.149902,
        "volume": 5236013,
        "typical_volume": 3673178.4,
        "trend": 2949.434977,
        "fair_value": 1859.380122,
        "relative_strength": 0.13481,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -56.373982,
        "energy": 58.143144,
        "activity_lines": [
          2756.556608,
          2828.013587,
          2890.635677,
          2933.141259
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2840.699951,
        "volume": 5566667,
        "typical_volume": 3843751.7,
        "trend": 2954.426644,
        "fair_value": 1864.133327,
        "relative_strength": -0.192154,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.561227,
        "energy": 36.811387,
        "activity_lines": [
          2783.689941,
          2817.913587,
          2881.213532,
          2926.126096
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2926.949951,
        "volume": 6458131,
        "typical_volume": 3945812.6,
        "trend": 2956.898307,
        "fair_value": 1870.814417,
        "relative_strength": 2.078935,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.0832,
        "energy": 15.461663,
        "activity_lines": [
          2842.373275,
          2829.871768,
          2881.934483,
          2924.353406
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2855.949951,
        "volume": 4318448,
        "typical_volume": 3713819.45,
        "trend": 2960.863306,
        "fair_value": 1877.399353,
        "relative_strength": 4.092233,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.585612,
        "energy": 14.515208,
        "activity_lines": [
          2861.273275,
          2828.384495,
          2876.854243,
          2917.840609
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2830.699951,
        "volume": 1071586,
        "typical_volume": 3462835.7,
        "trend": 2962.596639,
        "fair_value": 1883.546147,
        "relative_strength": 1.752081,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.857757,
        "energy": 15.274121,
        "activity_lines": [
          2854.379948,
          2825.184495,
          2870.062575,
          2909.442973
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2734.100098,
        "volume": 2487629,
        "typical_volume": 3479853.9,
        "trend": 2957.948307,
        "fair_value": 1888.94743,
        "relative_strength": -2.672347,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.9224,
        "energy": 19.703804,
        "activity_lines": [
          2817.05,
          2809.929066,
          2854.523303,
          2894.701261
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2386.5,
        "volume": 3090449,
        "typical_volume": 3498567.85,
        "trend": 2937.548307,
        "fair_value": 1891.65352,
        "relative_strength": -12.939071,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -76.929256,
        "energy": 64.532005,
        "activity_lines": [
          2666.656673,
          2735.021799,
          2806.860925,
          2857.833628
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2407.600098,
        "volume": 3552253,
        "typical_volume": 3560263.55,
        "trend": 2917.558309,
        "fair_value": 1895.555764,
        "relative_strength": -11.237781,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.697776,
        "energy": 76.001701,
        "activity_lines": [
          2553.576709,
          2672.972732,
          2763.57546,
          2823.643421
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2155.0,
        "volume": 4497367,
        "typical_volume": 3671678.2,
        "trend": 2882.461645,
        "fair_value": 1898.907687,
        "relative_strength": -19.962511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.096216,
        "energy": 89.626424,
        "activity_lines": [
          2390.920036,
          2570.043643,
          2698.621653,
          2774.446111
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2329.449951,
        "volume": 5932982,
        "typical_volume": 3870623.85,
        "trend": 2850.719979,
        "fair_value": 1904.180443,
        "relative_strength": -14.880157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.319064,
        "energy": 83.683643,
        "activity_lines": [
          2333.143343,
          2506.838184,
          2653.622364,
          2738.767937
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2196.899902,
        "volume": 7720653,
        "typical_volume": 4080197.95,
        "trend": 2815.216642,
        "fair_value": 1908.260251,
        "relative_strength": -19.761972,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.474415,
        "energy": 86.130556,
        "activity_lines": [
          2264.599967,
          2429.127259,
          2598.95831,
          2696.585997
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1968.150024,
        "volume": 6364257,
        "typical_volume": 3982931.9,
        "trend": 2772.629976,
        "fair_value": 1910.818905,
        "relative_strength": -25.910796,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.875055,
        "energy": 90.582327,
        "activity_lines": [
          2155.619979,
          2320.357266,
          2526.275696,
          2641.936538
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1991.349976,
        "volume": 4471590,
        "typical_volume": 4022230.15,
        "trend": 2734.71831,
        "fair_value": 1914.151597,
        "relative_strength": -24.300009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.970245,
        "energy": 84.116784,
        "activity_lines": [
          2082.263306,
          2231.669991,
          2461.627601,
          2591.531376
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1936.300049,
        "volume": 4529881,
        "typical_volume": 4093399.5,
        "trend": 2699.209977,
        "fair_value": 1917.164418,
        "relative_strength": -23.891093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.864683,
        "energy": 86.568137,
        "activity_lines": [
          2018.306665,
          2149.984546,
          2396.051418,
          2540.020521
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2008.349976,
        "volume": 4820571,
        "typical_volume": 4167305.15,
        "trend": 2668.631645,
        "fair_value": 1920.469225,
        "relative_strength": -22.289377,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.246657,
        "energy": 79.560325,
        "activity_lines": [
          1992.946664,
          2098.119995,
          2342.470227,
          2495.448908
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1969.099976,
        "volume": 2254037,
        "typical_volume": 4067996.9,
        "trend": 2636.259977,
        "fair_value": 1922.858327,
        "relative_strength": -23.114575,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.287398,
        "energy": 69.453946,
        "activity_lines": [
          1975.909994,
          2054.070899,
          2290.509512,
          2450.317832
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2143.949951,
        "volume": 6099340,
        "typical_volume": 4271940.9,
        "trend": 2611.603312,
        "fair_value": 1926.198071,
        "relative_strength": -19.571467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.880957,
        "energy": 55.272152,
        "activity_lines": [
          2032.343311,
          2055.7218,
          2259.773319,
          2418.555895
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2129.600098,
        "volume": 3817009,
        "typical_volume": 4354474.85,
        "trend": 2585.614982,
        "fair_value": 1929.002238,
        "relative_strength": -20.516675,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.126958,
        "energy": 42.214542,
        "activity_lines": [
          2072.273348,
          2059.173637,
          2231.18833,
          2387.458914
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2067.949951,
        "volume": 3252847,
        "typical_volume": 4407103.0,
        "trend": 2559.331649,
        "fair_value": 1931.583648,
        "relative_strength": -20.466687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.342067,
        "energy": 36.006064,
        "activity_lines": [
          2082.436662,
          2056.470903,
          2199.377612,
          2354.06117
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1948.400024,
        "volume": 4222264,
        "typical_volume": 4488198.7,
        "trend": 2525.916646,
        "fair_value": 1933.796148,
        "relative_strength": -24.389135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.435959,
        "energy": 39.807554,
        "activity_lines": [
          2043.97334,
          2033.614546,
          2158.692378,
          2314.646226
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1991.099976,
        "volume": 3365660,
        "typical_volume": 4394681.05,
        "trend": 2492.686645,
        "fair_value": 1936.467302,
        "relative_strength": -25.673603,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.162655,
        "energy": 44.430306,
        "activity_lines": [
          2023.739998,
          2025.449998,
          2126.401186,
          2280.141925
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2085.300049,
        "volume": 5127576,
        "typical_volume": 4372726.5,
        "trend": 2455.81665,
        "fair_value": 1939.748392,
        "relative_strength": -22.355835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.076265,
        "energy": 41.637729,
        "activity_lines": [
          2033.440015,
          2038.154552,
          2106.819763,
          2253.858919
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2216.399902,
        "volume": 5821061,
        "typical_volume": 4340873.0,
        "trend": 2433.114982,
        "fair_value": 1944.871148,
        "relative_strength": -18.188176,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.338923,
        "energy": 30.37184,
        "activity_lines": [
          2090.749976,
          2072.565443,
          2103.321183,
          2238.412677
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2000.5,
        "volume": 4809411,
        "typical_volume": 4365421.15,
        "trend": 2399.323315,
        "fair_value": 1949.099353,
        "relative_strength": -24.611724,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.893946,
        "energy": 29.377747,
        "activity_lines": [
          2070.306649,
          2063.629989,
          2082.644278,
          2210.502033
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2176.100098,
        "volume": 4696361,
        "typical_volume": 4546659.9,
        "trend": 2367.404989,
        "fair_value": 1954.426597,
        "relative_strength": -20.759017,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.635066,
        "energy": 15.681201,
        "activity_lines": [
          2112.893351,
          2085.454554,
          2082.764764,
          2196.100535
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2182.399902,
        "volume": 3987048,
        "typical_volume": 4621630.85,
        "trend": 2342.509985,
        "fair_value": 1960.046147,
        "relative_strength": -19.554011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.050104,
        "energy": 15.990634,
        "activity_lines": [
          2142.399984,
          2105.374536,
          2086.602373,
          2184.164723
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2243.800049,
        "volume": 5523190,
        "typical_volume": 4743267.9,
        "trend": 2321.213322,
        "fair_value": 1965.743263,
        "relative_strength": -16.467526,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.262202,
        "energy": 9.868058,
        "activity_lines": [
          2179.620003,
          2132.58,
          2098.914759,
          2177.79634
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2467.0,
        "volume": 8068733,
        "typical_volume": 4969091.9,
        "trend": 2313.93999,
        "fair_value": 1973.138134,
        "relative_strength": -8.685289,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 18.707632,
        "energy": 30.15003,
        "activity_lines": [
          2280.67334,
          2198.551818,
          2133.163807,
          2187.201932
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2402.0,
        "volume": 4657180,
        "typical_volume": 4977082.55,
        "trend": 2307.496655,
        "fair_value": 1980.941019,
        "relative_strength": -9.575503,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.06352,
        "energy": 48.478003,
        "activity_lines": [
          2343.353337,
          2246.57091,
          2160.939522,
          2192.883223
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2432.0,
        "volume": 5090236,
        "typical_volume": 4934945.25,
        "trend": 2293.324992,
        "fair_value": 1988.836852,
        "relative_strength": -9.377174,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.506531,
        "energy": 56.960987,
        "activity_lines": [
          2389.266667,
          2293.97091,
          2190.39619,
          2200.915697
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2362.300049,
        "volume": 3338864,
        "typical_volume": 4715855.8,
        "trend": 2279.529997,
        "fair_value": 1996.109288,
        "relative_strength": -13.13015,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.629388,
        "energy": 58.101942,
        "activity_lines": [
          2394.886686,
          2319.905464,
          2212.726433,
          2205.3657
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2304.0,
        "volume": 3354481,
        "typical_volume": 4565367.0,
        "trend": 2261.639998,
        "fair_value": 2002.528839,
        "relative_strength": -13.992952,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.42605,
        "energy": 37.327853,
        "activity_lines": [
          2369.080013,
          2328.490918,
          2228.716671,
          2206.94441
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2206.300049,
        "volume": 3342755,
        "typical_volume": 4508925.25,
        "trend": 2237.618335,
        "fair_value": 2008.059288,
        "relative_strength": -15.923337,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 15.136492,
        "energy": 16.446671,
        "activity_lines": [
          2306.693359,
          2315.336381,
          2233.802866,
          2203.374091
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2365.399902,
        "volume": 4783274,
        "typical_volume": 4521594.9,
        "trend": 2221.266667,
        "fair_value": 2013.933967,
        "relative_strength": -8.572172,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 17.785057,
        "energy": 13.919479,
        "activity_lines": [
          2314.719987,
          2331.292725,
          2253.017856,
          2211.618063
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2233.800049,
        "volume": 3242770,
        "typical_volume": 4442704.85,
        "trend": 2201.370003,
        "fair_value": 2018.589096,
        "relative_strength": -12.617491,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.583028,
        "energy": 20.337533,
        "activity_lines": [
          2281.320003,
          2316.687278,
          2257.656194,
          2212.426668
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2050.600098,
        "volume": 4510573,
        "typical_volume": 4555531.65,
        "trend": 2178.58667,
        "fair_value": 2022.927237,
        "relative_strength": -18.31761,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.631164,
        "energy": 14.560485,
        "activity_lines": [
          2200.066699,
          2267.72366,
          2243.773346,
          2202.699578
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1971.900024,
        "volume": 3891877,
        "typical_volume": 4445158.5,
        "trend": 2164.766671,
        "fair_value": 2026.884609,
        "relative_strength": -20.213623,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.754338,
        "energy": 31.987351,
        "activity_lines": [
          2113.360034,
          2206.847297,
          2222.007157,
          2189.364955
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1936.599976,
        "volume": 4053175,
        "typical_volume": 4456966.8,
        "trend": 2149.066667,
        "fair_value": 2030.551276,
        "relative_strength": -21.884597,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.213028,
        "energy": 57.181283,
        "activity_lines": [
          2037.026685,
          2144.49638,
          2197.698345,
          2174.644523
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2052.899902,
        "volume": 4433189,
        "typical_volume": 4515983.9,
        "trend": 2145.66333,
        "fair_value": 2034.83557,
        "relative_strength": -17.458316,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.138549,
        "energy": 55.019411,
        "activity_lines": [
          2017.439982,
          2112.934541,
          2185.384763,
          2168.440216
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1947.699951,
        "volume": 2738180,
        "typical_volume": 4441779.7,
        "trend": 2132.93833,
        "fair_value": 2038.225634,
        "relative_strength": -19.718311,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.002635,
        "energy": 60.36141,
        "activity_lines": [
          1983.619962,
          2068.592713,
          2163.123806,
          2155.668385
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1961.800049,
        "volume": 2738649,
        "typical_volume": 4410429.15,
        "trend": 2125.101668,
        "fair_value": 2041.766019,
        "relative_strength": -19.609061,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.613621,
        "energy": 59.231853,
        "activity_lines": [
          1973.573315,
          2035.619995,
          2142.209049,
          2144.627206
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1998.900024,
        "volume": 2314433,
        "typical_volume": 4269772.0,
        "trend": 2126.126668,
        "fair_value": 2046.047429,
        "relative_strength": -18.722479,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.600984,
        "energy": 41.334811,
        "activity_lines": [
          1981.81333,
          2016.674545,
          2124.967146,
          2136.485164
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2145.199951,
        "volume": 3288257,
        "typical_volume": 4143131.8,
        "trend": 2131.255001,
        "fair_value": 2051.927237,
        "relative_strength": -12.97508,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -15.810413,
        "energy": 21.463447,
        "activity_lines": [
          2037.019987,
          2029.876354,
          2122.069999,
          2137.715698
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1957.599976,
        "volume": 2488506,
        "typical_volume": 4027086.55,
        "trend": 2131.964998,
        "fair_value": 2056.822749,
        "relative_strength": -17.728839,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -51.775678,
        "energy": 31.697087,
        "activity_lines": [
          2015.786654,
          2010.079987,
          2101.645234,
          2126.512148
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2033.0,
        "volume": 2044908,
        "typical_volume": 3894513.9,
        "trend": 2132.786666,
        "fair_value": 2061.989737,
        "relative_strength": -14.802202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.344609,
        "energy": 23.860998,
        "activity_lines": [
          2026.03999,
          2011.40726,
          2088.60571,
          2120.12731
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2091.899902,
        "volume": 2292170,
        "typical_volume": 3809770.0,
        "trend": 2136.879997,
        "fair_value": 2067.84198,
        "relative_strength": -13.026572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.245837,
        "energy": 19.180976,
        "activity_lines": [
          2050.239958,
          2027.094516,
          2081.857129,
          2117.489454
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2236.199951,
        "volume": 4708404,
        "typical_volume": 3769030.7,
        "trend": 2139.954997,
        "fair_value": 2074.464095,
        "relative_strength": -7.833582,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -8.561407,
        "energy": 10.305824,
        "activity_lines": [
          2113.866618,
          2068.267238,
          2089.282363,
          2123.897193
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2287.800049,
        "volume": 1965463,
        "typical_volume": 3463867.2,
        "trend": 2145.228328,
        "fair_value": 2081.141659,
        "relative_strength": -5.393097,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 30.740357,
        "energy": 29.87689,
        "activity_lines": [
          2178.873315,
          2114.016344,
          2101.658083,
          2133.435584
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2288.0,
        "volume": 2843196,
        "typical_volume": 3373168.0,
        "trend": 2152.56333,
        "fair_value": 2087.739095,
        "relative_strength": -4.535331,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 30.154247,
        "energy": 45.221815,
        "activity_lines": [
          2234.43999,
          2153.416349,
          2114.906178,
          2142.646659
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2142.699951,
        "volume": 2583335,
        "typical_volume": 3247822.95,
        "trend": 2159.039994,
        "fair_value": 2093.187171,
        "relative_strength": -9.283716,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 20.31883,
        "energy": 38.596999,
        "activity_lines": [
          2219.546647,
          2162.123615,
          2114.859031,
          2142.010312
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2195.800049,
        "volume": 1774080,
        "typical_volume": 3169583.75,
        "trend": 2165.86333,
        "fair_value": 2099.096467,
        "relative_strength": -8.047078,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 18.415035,
        "energy": 38.572075,
        "activity_lines": [
          2215.040007,
          2176.93999,
          2121.246656,
          2144.381929
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2090.899902,
        "volume": 1971995,
        "typical_volume": 3100459.45,
        "trend": 2166.049992,
        "fair_value": 2104.246787,
        "relative_strength": -12.251413,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 4.707426,
        "energy": 9.051825,
        "activity_lines": [
          2168.639974,
          2168.429066,
          2118.436647,
          2139.545578
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2114.600098,
        "volume": 2221244,
        "typical_volume": 3044383.9,
        "trend": 2162.656665,
        "fair_value": 2109.253198,
        "relative_strength": -11.070774,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -26.997991,
        "energy": 17.841097,
        "activity_lines": [
          2139.826676,
          2162.554543,
          2118.898562,
          2136.22623
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2082.399902,
        "volume": 1849203,
        "typical_volume": 2897680.35,
        "trend": 2165.386662,
        "fair_value": 2114.411851,
        "relative_strength": -11.703841,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -38.08449,
        "energy": 23.987411,
        "activity_lines": [
          2111.826644,
          2151.3818,
          2116.730459,
          2131.048375
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2075.100098,
        "volume": 3398962,
        "typical_volume": 2905489.95,
        "trend": 2162.019995,
        "fair_value": 2119.423711,
        "relative_strength": -10.808805,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.830035,
        "energy": 28.037757,
        "activity_lines": [
          2095.100016,
          2136.612731,
          2115.214755,
          2125.223435
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2044.800049,
        "volume": 2151422,
        "typical_volume": 2787532.4,
        "trend": 2157.433333,
        "fair_value": 2125.011532,
        "relative_strength": -11.027648,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.196864,
        "energy": 30.193348,
        "activity_lines": [
          2072.780029,
          2115.569105,
          2111.569046,
          2117.660858
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2002.599976,
        "volume": 1167105,
        "typical_volume": 2651293.8,
        "trend": 2149.393331,
        "fair_value": 2129.99807,
        "relative_strength": -12.318177,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -65.459168,
        "energy": 48.943204,
        "activity_lines": [
          2046.460018,
          2087.7091,
          2103.931902,
          2107.671609
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2068.5,
        "volume": 1593781,
        "typical_volume": 2528324.1,
        "trend": 2136.109998,
        "fair_value": 2135.56634,
        "relative_strength": -9.717994,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -54.265415,
        "energy": 41.32926,
        "activity_lines": [
          2047.993343,
          2076.078189,
          2102.42476,
          2102.452685
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1991.5,
        "volume": 4605945,
        "typical_volume": 2536961.9,
        "trend": 2122.426664,
        "fair_value": 2140.359609,
        "relative_strength": -10.413728,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -62.81135,
        "energy": 48.114976,
        "activity_lines": [
          2026.933342,
          2054.434553,
          2092.95619,
          2093.123007
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1889.0,
        "volume": 5953926,
        "typical_volume": 2697749.2,
        "trend": 2104.326664,
        "fair_value": 2144.576596,
        "relative_strength": -14.48655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.781357,
        "energy": 66.159739,
        "activity_lines": [
          1977.766667,
          2019.545461,
          2074.018095,
          2078.063222
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1541.199951,
        "volume": 10411906,
        "typical_volume": 3081412.05,
        "trend": 2076.956661,
        "fair_value": 2146.850634,
        "relative_strength": -27.92007,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.672139,
        "energy": 87.843433,
        "activity_lines": [
          1825.073315,
          1926.032724,
          2022.23571,
          2041.732467
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1576.800049,
        "volume": 10113263,
        "typical_volume": 3471353.55,
        "trend": 2052.716663,
        "fair_value": 2149.582686,
        "relative_strength": -26.437127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.108315,
        "energy": 93.396278,
        "activity_lines": [
          1717.820003,
          1850.894551,
          1975.846668,
          2009.464298
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1699.800049,
        "volume": 8951884,
        "typical_volume": 3754534.9,
        "trend": 2035.833329,
        "fair_value": 2152.730443,
        "relative_strength": -21.366221,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.294859,
        "energy": 86.341146,
        "activity_lines": [
          1679.953353,
          1807.467285,
          1943.181911,
          1986.695484
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1806.599976,
        "volume": 10339796,
        "typical_volume": 4147099.4,
        "trend": 2017.206665,
        "fair_value": 2156.849353,
        "relative_strength": -15.406941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.67756,
        "energy": 82.089424,
        "activity_lines": [
          1702.266675,
          1791.000007,
          1922.809528,
          1971.906236
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1825.699951,
        "volume": 5944700,
        "typical_volume": 4342089.0,
        "trend": 2003.603328,
        "fair_value": 2161.626275,
        "relative_strength": -14.534574,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.444518,
        "energy": 53.038175,
        "activity_lines": [
          1743.273324,
          1783.019995,
          1904.975238,
          1959.550964
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1731.0,
        "volume": 6322224,
        "typical_volume": 4543591.7,
        "trend": 1992.949992,
        "fair_value": 2165.238455,
        "relative_strength": -17.347094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.724895,
        "energy": 43.592902,
        "activity_lines": [
          1756.933325,
          1762.356359,
          1879.109048,
          1941.963652
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1667.300049,
        "volume": 8282554,
        "typical_volume": 4722299.2,
        "trend": 1982.796659,
        "fair_value": 2168.477558,
        "relative_strength": -17.620309,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.2161,
        "energy": 40.312021,
        "activity_lines": [
          1736.706673,
          1735.816369,
          1848.894767,
          1920.953979
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1577.400024,
        "volume": 7177880,
        "typical_volume": 4982920.05,
        "trend": 1970.823328,
        "fair_value": 2171.388135,
        "relative_strength": -17.307902,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.8682,
        "energy": 53.216071,
        "activity_lines": [
          1680.480013,
          1699.027282,
          1812.827626,
          1894.799357
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1549.5,
        "volume": 4029119,
        "typical_volume": 5042216.2,
        "trend": 1954.043331,
        "fair_value": 2174.623071,
        "relative_strength": -18.168603,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.459181,
        "energy": 64.41896,
        "activity_lines": [
          1623.113346,
          1666.094553,
          1777.486197,
          1867.617207
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1505.199951,
        "volume": 5235589,
        "typical_volume": 5174828.9,
        "trend": 1939.293331,
        "fair_value": 2177.662494,
        "relative_strength": -19.013451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.029337,
        "energy": 78.023647,
        "activity_lines": [
          1568.119995,
          1633.143635,
          1741.442382,
          1838.65957
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1508.300049,
        "volume": 3691989,
        "typical_volume": 5270724.35,
        "trend": 1924.176664,
        "fair_value": 2180.117302,
        "relative_strength": -18.003813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.095547,
        "energy": 77.959565,
        "activity_lines": [
          1535.526676,
          1607.734553,
          1708.729529,
          1810.853551
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1716.5,
        "volume": 7436058,
        "typical_volume": 5543927.5,
        "trend": 1914.76333,
        "fair_value": 2182.895507,
        "relative_strength": -11.581287,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.830408,
        "energy": 49.161473,
        "activity_lines": [
          1587.180005,
          1620.778187,
          1699.119053,
          1797.455057
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1758.800049,
        "volume": 3546731,
        "typical_volume": 5610201.85,
        "trend": 1901.883333,
        "fair_value": 2186.012494,
        "relative_strength": -10.288734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.326694,
        "energy": 31.889856,
        "activity_lines": [
          1649.653353,
          1638.972741,
          1695.320009,
          1787.39291
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1769.400024,
        "volume": 5024542,
        "typical_volume": 5768968.8,
        "trend": 1895.610002,
        "fair_value": 2188.923712,
        "relative_strength": -7.747456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.30205,
        "energy": 23.306343,
        "activity_lines": [
          1703.566691,
          1658.021835,
          1694.224773,
          1778.845599
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1835.199951,
        "volume": 3676696,
        "typical_volume": 5782855.5,
        "trend": 1889.016667,
        "fair_value": 2192.199353,
        "relative_strength": -4.380323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.279737,
        "energy": 23.229032,
        "activity_lines": [
          1764.753336,
          1689.710915,
          1700.886672,
          1774.948177
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1873.599976,
        "volume": 8279108,
        "typical_volume": 6089239.8,
        "trend": 1881.740002,
        "fair_value": 2195.630763,
        "relative_strength": -2.964732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 5.145754,
        "energy": 24.885247,
        "activity_lines": [
          1816.73999,
          1728.209091,
          1712.348097,
          1773.953552
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1714.099976,
        "volume": 3593672,
        "typical_volume": 6210568.15,
        "trend": 1864.33667,
        "fair_value": 2198.142943,
        "relative_strength": -8.907869,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.012091,
        "energy": 19.486849,
        "activity_lines": [
          1791.206649,
          1735.11454,
          1709.434286,
          1763.138066
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1732.900024,
        "volume": 2746148,
        "typical_volume": 6268186.5,
        "trend": 1845.840002,
        "fair_value": 2200.455764,
        "relative_strength": -7.874671,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.003708,
        "energy": 14.950698,
        "activity_lines": [
          1772.099992,
          1744.587271,
          1709.684764,
          1754.658282
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1762.699951,
        "volume": 3453464,
        "typical_volume": 6210562.45,
        "trend": 1828.330001,
        "fair_value": 2202.604802,
        "relative_strength": -5.244696,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.958571,
        "energy": 9.997856,
        "activity_lines": [
          1764.653312,
          1756.650899,
          1714.371426,
          1749.294408
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1708.300049,
        "volume": 639417,
        "typical_volume": 5944837.0,
        "trend": 1813.850004,
        "fair_value": 2204.389418,
        "relative_strength": -6.878077,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.526717,
        "energy": 16.697605,
        "activity_lines": [
          1739.520003,
          1754.947272,
          1714.966668,
          1741.55054
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1691.400024,
        "volume": 520499,
        "typical_volume": 5450266.65,
        "trend": 1797.03667,
        "fair_value": 2205.382046,
        "relative_strength": -8.224365,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.266856,
        "energy": 19.458719,
        "activity_lines": [
          1717.213346,
          1746.478185,
          1714.812861,
          1733.650542
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1795.900024,
        "volume": 462447,
        "typical_volume": 4967725.85,
        "trend": 1787.203341,
        "fair_value": 2207.282367,
        "relative_strength": -3.613585,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.270659,
        "energy": 10.254006,
        "activity_lines": [
          1741.886686,
          1753.680007,
          1723.896196,
          1733.57721
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1841.697754,
        "volume": 0,
        "typical_volume": 4520131.65,
        "trend": 1778.106596,
        "fair_value": 2209.033955,
        "relative_strength": -0.949347,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.828847,
        "energy": 5.389474,
        "activity_lines": [
          1776.372599,
          1767.765052,
          1736.297886,
          1737.092978
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1986.796387,
        "volume": 1001835,
        "typical_volume": 4053233.6,
        "trend": 1774.919812,
        "fair_value": 2211.629765,
        "relative_strength": 6.136439,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 46.990335,
        "energy": 52.626315,
        "activity_lines": [
          1851.971541,
          1806.724436,
          1761.842791,
          1750.556836
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2122.739258,
        "volume": 5315335,
        "typical_volume": 4021765.35,
        "trend": 1776.507784,
        "fair_value": 2214.55694,
        "relative_strength": 13.699185,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 59.138329,
        "energy": 76.330946,
        "activity_lines": [
          1957.945011,
          1866.448045,
          1799.476557,
          1772.9968
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2091.988037,
        "volume": 4240978,
        "typical_volume": 3917703.05,
        "trend": 1778.080717,
        "fair_value": 2217.537312,
        "relative_strength": 11.70963,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 79.270732,
        "energy": 89.598202,
        "activity_lines": [
          2026.038794,
          1915.352535,
          1832.767163,
          1793.350365
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2018.94104,
        "volume": 3624430,
        "typical_volume": 3684796.85,
        "trend": 1778.625419,
        "fair_value": 2219.248793,
        "relative_strength": 10.518131,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.058746,
        "energy": 84.316583,
        "activity_lines": [
          2043.07771,
          1947.00506,
          1857.381921,
          1808.88974
        ]
      },
      {
        "date": "2026-07-31",
        "close": 2105.699951,
        "volume": 3542244,
        "typical_volume": 3503015.05,
        "trend": 1779.865417,
        "fair_value": 2222.901357,
        "relative_strength": 12.273717,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.149389,
        "energy": 85.952144,
        "activity_lines": [
          2074.166862,
          1988.889369,
          1888.584952,
          1829.991323
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2070.0,
        "volume": 4247596,
        "typical_volume": 3513938.9,
        "trend": 1782.482084,
        "fair_value": 2226.427319,
        "relative_strength": 9.439453,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.330122,
        "energy": 69.296945,
        "activity_lines": [
          2075.755884,
          2017.504596,
          1913.872274,
          1848.709683
        ]
      }
    ],
    "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."
    }
  }
}