{
  "ticker": {
    "uuid": "9202d582-7d51-4256-9e4c-1126bdebef6e",
    "symbol": "EFG",
    "name": "iShares MSCI EAFE Growth ETF",
    "exchange": "MEX",
    "country": "MX",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^MXX",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 71.261,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 48.65,
    "architecture_energy": 30.589,
    "architecture_maturity": 59.547,
    "architecture_confidence": 88.956,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 31.87,
        "rotation_up": 29.39,
        "upward_expansion": 58.19,
        "deceleration": 88.25,
        "rotation_down": 35.11,
        "downward_expansion": 21.85
      },
      "activity_lines": [
        2113.8,
        2123.828365,
        2109.185044,
        2094.196744
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 2148.0,
    "trend_reference": 2081.727555,
    "distance_from_trend": 0.031835,
    "trend_direction": "Improving",
    "fair_value": 1917.873001,
    "distance_from_fair_value": 0.119991,
    "fair_value_direction": "Improving",
    "relative_strength": 1.373928,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.050367,
    "excess_performance": 0.105034,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.031835,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.012404,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.119991,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.046467,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.013739,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.132758,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.050367,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 7.134512,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1706,
      "relative_activity": 0.395658,
      "balance": 7.134512,
      "dry_up": 0.339939,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.016645,
      "annualized_volatility": 0.153624,
      "from_high_reference": -0.014557,
      "from_low_reference": 0.101053
    },
    "levels": {
      "trend_reference": 2081.727555,
      "fair_value_reference": 1917.873001,
      "structural_low": 1950.859985,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": 0.0,
        "positive_rate": 0.411765,
        "directional_follow_through": 0.411765,
        "median_excess_return": -0.015224,
        "regime_survival": 0.470588,
        "best_return": 0.130591,
        "worst_return": -0.16058,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.000403,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.016055,
        "regime_survival": 0.222222,
        "best_return": 0.109612,
        "worst_return": -0.188859,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.014877,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.0604,
        "regime_survival": 0.166667,
        "best_return": 0.244791,
        "worst_return": -0.160175,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.052482,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.036326,
        "regime_survival": 0.25,
        "best_return": 0.258499,
        "worst_return": -0.151893,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-15",
        "end": "2025-09-05",
        "tenure": "New",
        "return": -0.008422,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-12",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": 0.000153,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-10-17",
        "end": "2025-10-24",
        "tenure": "New",
        "return": 0.003177,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-31",
        "end": "2025-11-14",
        "tenure": "New",
        "return": -0.014811,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-21",
        "end": "2025-12-12",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-19",
        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-09",
        "end": "2026-01-16",
        "tenure": "New",
        "return": -0.045753,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-23",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": 0.038835,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-06",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.031525,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-03-27",
        "tenure": "New",
        "return": 0.008101,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": 0.058777,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.004684,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-12",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": -0.023966,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1554.566162,
        "volume": 15588,
        "typical_volume": 40601.4,
        "trend": 1637.678874,
        "fair_value": 1795.877545,
        "relative_strength": -6.195679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.688392,
        "energy": 64.711721,
        "activity_lines": [
          1575.535221,
          1583.970557,
          1610.1078,
          1623.018427
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1490.873291,
        "volume": 17516,
        "typical_volume": 40473.95,
        "trend": 1630.975382,
        "fair_value": 1793.859584,
        "relative_strength": -9.55494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -96.540086,
        "energy": 94.015788,
        "activity_lines": [
          1545.8184,
          1565.36847,
          1596.590144,
          1613.547099
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1490.873291,
        "volume": 0,
        "typical_volume": 40347.2,
        "trend": 1624.247021,
        "fair_value": 1791.841623,
        "relative_strength": -9.088405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.570375,
        "energy": 98.212724,
        "activity_lines": [
          1522.897583,
          1549.581041,
          1583.926045,
          1604.508255
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1556.452515,
        "volume": 9681,
        "typical_volume": 40464.45,
        "trend": 1619.704635,
        "fair_value": 1790.244042,
        "relative_strength": -3.728726,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.173673,
        "energy": 87.822463,
        "activity_lines": [
          1527.653988,
          1547.817964,
          1578.426417,
          1600.134415
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1525.514771,
        "volume": 2119,
        "typical_volume": 39718.0,
        "trend": 1615.104728,
        "fair_value": 1788.448142,
        "relative_strength": -3.313233,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.442352,
        "energy": 85.120976,
        "activity_lines": [
          1524.154435,
          1541.291016,
          1570.655482,
          1594.05765
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1525.514771,
        "volume": 0,
        "typical_volume": 39341.2,
        "trend": 1612.310901,
        "fair_value": 1786.652242,
        "relative_strength": -3.706655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.286239,
        "energy": 67.703139,
        "activity_lines": [
          1524.774024,
          1535.468761,
          1563.664976,
          1588.277653
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1488.427002,
        "volume": 12448,
        "typical_volume": 38946.35,
        "trend": 1608.86604,
        "fair_value": 1784.6186,
        "relative_strength": -4.385114,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.530232,
        "energy": 67.693356,
        "activity_lines": [
          1514.967782,
          1524.467354,
          1553.873872,
          1580.285143
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1499.921875,
        "volume": 5578,
        "typical_volume": 39225.25,
        "trend": 1605.531038,
        "fair_value": 1782.658643,
        "relative_strength": -1.143632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.382418,
        "energy": 66.657697,
        "activity_lines": [
          1509.15625,
          1517.453858,
          1545.970621,
          1573.256487
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1529.680542,
        "volume": 3028,
        "typical_volume": 39008.35,
        "trend": 1602.008382,
        "fair_value": 1780.889447,
        "relative_strength": 1.44963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.949648,
        "energy": 61.855441,
        "activity_lines": [
          1512.661035,
          1517.273094,
          1541.639896,
          1568.362907
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1518.431396,
        "volume": 371147,
        "typical_volume": 57224.6,
        "trend": 1598.002091,
        "fair_value": 1779.04814,
        "relative_strength": 2.965951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.379421,
        "energy": 58.965873,
        "activity_lines": [
          1514.200903,
          1516.094691,
          1537.06402,
          1562.970843
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1518.431396,
        "volume": 0,
        "typical_volume": 57224.6,
        "trend": 1593.343148,
        "fair_value": 1777.206834,
        "relative_strength": 1.409046,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.715758,
        "energy": 48.171337,
        "activity_lines": [
          1516.212996,
          1516.168479,
          1533.089788,
          1557.83725
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1487.79834,
        "volume": 24608,
        "typical_volume": 58455.0,
        "trend": 1587.265751,
        "fair_value": 1775.169162,
        "relative_strength": -5.080391,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.086576,
        "energy": 55.804207,
        "activity_lines": [
          1508.486295,
          1511.329616,
          1526.804066,
          1551.027908
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1487.79834,
        "volume": 0,
        "typical_volume": 58187.9,
        "trend": 1580.731433,
        "fair_value": 1773.13149,
        "relative_strength": -5.055823,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.167937,
        "energy": 58.48475,
        "activity_lines": [
          1500.801505,
          1506.546662,
          1521.270158,
          1544.610655
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1533.620239,
        "volume": 27965,
        "typical_volume": 51567.25,
        "trend": 1575.244352,
        "fair_value": 1771.387548,
        "relative_strength": -4.664576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.147656,
        "energy": 44.04625,
        "activity_lines": [
          1509.198918,
          1510.15087,
          1520.665108,
          1541.571223
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1553.416748,
        "volume": 8448,
        "typical_volume": 51800.6,
        "trend": 1570.711405,
        "fair_value": 1769.770507,
        "relative_strength": -3.757699,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.497081,
        "energy": 24.312465,
        "activity_lines": [
          1523.932519,
          1517.769576,
          1522.27971,
          1540.162991
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1553.416748,
        "volume": 0,
        "typical_volume": 46088.35,
        "trend": 1566.520487,
        "fair_value": 1768.153466,
        "relative_strength": -5.269124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -0.05054,
        "energy": 14.795341,
        "activity_lines": [
          1536.333765,
          1524.880972,
          1523.946008,
          1539.047207
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1553.416748,
        "volume": 0,
        "typical_volume": 25388.15,
        "trend": 1563.135083,
        "fair_value": 1766.536425,
        "relative_strength": -5.863053,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 9.63851,
        "energy": 34.860556,
        "activity_lines": [
          1546.402653,
          1531.485061,
          1525.889079,
          1538.201804
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1610.527222,
        "volume": 2679,
        "typical_volume": 25290.2,
        "trend": 1561.653361,
        "fair_value": 1765.28326,
        "relative_strength": -6.762766,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 55.867816,
        "energy": 78.598972,
        "activity_lines": [
          1571.133805,
          1547.29124,
          1533.458845,
          1541.259361
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1598.905396,
        "volume": 3173,
        "typical_volume": 25198.9,
        "trend": 1558.177486,
        "fair_value": 1763.955597,
        "relative_strength": -7.456694,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 47.787579,
        "energy": 79.64384,
        "activity_lines": [
          1583.80909,
          1558.973353,
          1539.767525,
          1543.662718
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1616.459351,
        "volume": 51770,
        "typical_volume": 27787.4,
        "trend": 1557.233569,
        "fair_value": 1762.740459,
        "relative_strength": -6.254327,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 62.653317,
        "energy": 86.440346,
        "activity_lines": [
          1597.98335,
          1572.588461,
          1547.692756,
          1547.422839
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1597.470337,
        "volume": 75553,
        "typical_volume": 30785.65,
        "trend": 1555.626599,
        "fair_value": 1761.403597,
        "relative_strength": -5.199489,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.373317,
        "energy": 79.047089,
        "activity_lines": [
          1601.625098,
          1580.968695,
          1553.670663,
          1550.018759
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1599.219849,
        "volume": 2910,
        "typical_volume": 30055.35,
        "trend": 1554.077946,
        "fair_value": 1760.077949,
        "relative_strength": -3.957754,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 39.913756,
        "energy": 77.908622,
        "activity_lines": [
          1602.913111,
          1588.22995,
          1559.610885,
          1552.831227
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1599.790039,
        "volume": 6286,
        "typical_volume": 30369.65,
        "trend": 1553.856934,
        "fair_value": 1758.755956,
        "relative_strength": -3.508488,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 65.059431,
        "energy": 82.803313,
        "activity_lines": [
          1601.337647,
          1593.56903,
          1565.089475,
          1555.780394
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1628.430298,
        "volume": 190617,
        "typical_volume": 39416.45,
        "trend": 1554.677376,
        "fair_value": 1757.617555,
        "relative_strength": -4.067358,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.102788,
        "energy": 70.961761,
        "activity_lines": [
          1610.024748,
          1602.079217,
          1572.777058,
          1560.591579
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1647.025879,
        "volume": 8953,
        "typical_volume": 39758.15,
        "trend": 1557.435807,
        "fair_value": 1756.598357,
        "relative_strength": -5.070913,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.101429,
        "energy": 86.832572,
        "activity_lines": [
          1622.942049,
          1612.2466,
          1581.892897,
          1566.549547
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1657.404785,
        "volume": 30254,
        "typical_volume": 41270.85,
        "trend": 1558.964665,
        "fair_value": 1754.077508,
        "relative_strength": -2.764475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.680328,
        "energy": 87.421189,
        "activity_lines": [
          1637.281217,
          1622.599072,
          1591.418579,
          1572.999158
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1661.562256,
        "volume": 1270,
        "typical_volume": 40711.95,
        "trend": 1561.256295,
        "fair_value": 1751.583309,
        "relative_strength": -2.070428,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.567995,
        "energy": 94.412999,
        "activity_lines": [
          1649.010579,
          1631.816757,
          1600.712162,
          1579.618358
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1678.880127,
        "volume": 2070,
        "typical_volume": 40536.55,
        "trend": 1564.614449,
        "fair_value": 1749.200123,
        "relative_strength": -0.165777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.769444,
        "energy": 96.321552,
        "activity_lines": [
          1662.356405,
          1642.216864,
          1610.830614,
          1587.206992
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1718.941284,
        "volume": 3536,
        "typical_volume": 40561.95,
        "trend": 1569.002429,
        "fair_value": 1747.051803,
        "relative_strength": 4.178039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 97.398996,
        "energy": 98.920018,
        "activity_lines": [
          1683.783276,
          1658.658037,
          1623.912231,
          1597.163562
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1718.941284,
        "volume": 0,
        "typical_volume": 22004.6,
        "trend": 1573.390409,
        "fair_value": 1744.903484,
        "relative_strength": 5.249428,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.105301,
        "energy": 96.758892,
        "activity_lines": [
          1699.176082,
          1672.916739,
          1636.092607,
          1606.837037
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1696.276611,
        "volume": 143741,
        "typical_volume": 29191.65,
        "trend": 1578.114091,
        "fair_value": 1742.609878,
        "relative_strength": 1.561584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.645044,
        "energy": 88.61772,
        "activity_lines": [
          1702.219637,
          1681.191284,
          1645.159633,
          1614.765179
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1703.540039,
        "volume": 17508,
        "typical_volume": 28836.65,
        "trend": 1585.202983,
        "fair_value": 1740.959912,
        "relative_strength": 1.370908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.302177,
        "energy": 83.524685,
        "activity_lines": [
          1705.092879,
          1688.989975,
          1654.071533,
          1622.857175
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1693.652344,
        "volume": 2026,
        "typical_volume": 28937.95,
        "trend": 1591.962284,
        "fair_value": 1739.246564,
        "relative_strength": -0.469957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.844037,
        "energy": 73.88123,
        "activity_lines": [
          1701.871704,
          1693.094172,
          1661.014405,
          1629.853908
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1669.257935,
        "volume": 1450,
        "typical_volume": 27612.2,
        "trend": 1595.722465,
        "fair_value": 1737.376841,
        "relative_strength": -2.968891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.001628,
        "energy": 60.487602,
        "activity_lines": [
          1689.534245,
          1691.056434,
          1664.653744,
          1634.840725
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1625.845337,
        "volume": 2060,
        "typical_volume": 27292.8,
        "trend": 1599.066817,
        "fair_value": 1735.228833,
        "relative_strength": -2.804606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 27.115489,
        "energy": 30.900024,
        "activity_lines": [
          1666.038143,
          1680.383177,
          1663.512656,
          1636.784136
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1638.131104,
        "volume": 1737,
        "typical_volume": 27379.65,
        "trend": 1602.820695,
        "fair_value": 1733.159579,
        "relative_strength": -0.707018,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.682347,
        "energy": 40.592548,
        "activity_lines": [
          1652.843693,
          1672.328795,
          1663.196743,
          1639.304412
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1638.131104,
        "volume": 0,
        "typical_volume": 27379.65,
        "trend": 1607.810832,
        "fair_value": 1731.090325,
        "relative_strength": -3.945594,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.382479,
        "energy": 38.472985,
        "activity_lines": [
          1643.525611,
          1664.624845,
          1662.477428,
          1641.582503
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1638.131104,
        "volume": 0,
        "typical_volume": 27245.7,
        "trend": 1612.417806,
        "fair_value": 1729.021071,
        "relative_strength": -2.650925,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.653044,
        "energy": 38.985382,
        "activity_lines": [
          1638.568124,
          1657.346915,
          1661.354711,
          1643.53865
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1638.131104,
        "volume": 0,
        "typical_volume": 27087.05,
        "trend": 1616.032825,
        "fair_value": 1726.951817,
        "relative_strength": -3.524422,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.766771,
        "energy": 38.00155,
        "activity_lines": [
          1637.312053,
          1650.809877,
          1660.100547,
          1645.197572
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1638.131104,
        "volume": 0,
        "typical_volume": 24498.55,
        "trend": 1620.022815,
        "fair_value": 1724.882564,
        "relative_strength": -3.169653,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.752853,
        "energy": 33.741248,
        "activity_lines": [
          1638.131104,
          1645.742115,
          1658.659594,
          1646.623268
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1711.884277,
        "volume": 2379,
        "typical_volume": 20839.85,
        "trend": 1626.471244,
        "fair_value": 1723.286087,
        "relative_strength": 5.196023,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.955133,
        "energy": 35.894684,
        "activity_lines": [
          1662.715495,
          1655.553296,
          1664.139554,
          1652.549814
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1713.928711,
        "volume": 821,
        "typical_volume": 20735.4,
        "trend": 1634.008923,
        "fair_value": 1721.702715,
        "relative_strength": 5.756765,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 76.323718,
        "energy": 69.326225,
        "activity_lines": [
          1683.064486,
          1665.452417,
          1669.269394,
          1658.192231
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1888.925659,
        "volume": 469291,
        "typical_volume": 43885.65,
        "trend": 1647.379834,
        "fair_value": 1721.235503,
        "relative_strength": 20.966299,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 94.226321,
        "energy": 97.53604,
        "activity_lines": [
          1756.692619,
          1706.98028,
          1690.519377,
          1674.638472
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1852.056885,
        "volume": 236031,
        "typical_volume": 46156.35,
        "trend": 1657.994389,
        "fair_value": 1720.531952,
        "relative_strength": 19.891668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.73022,
        "energy": 97.760912,
        "activity_lines": [
          1801.311523,
          1738.254306,
          1706.881212,
          1687.843443
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1854.99707,
        "volume": 11041,
        "typical_volume": 46260.75,
        "trend": 1668.047066,
        "fair_value": 1719.847249,
        "relative_strength": 18.408686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.467097,
        "energy": 94.53922,
        "activity_lines": [
          1832.648771,
          1766.739293,
          1722.458177,
          1700.553293
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1852.145508,
        "volume": 52734,
        "typical_volume": 47384.75,
        "trend": 1678.004692,
        "fair_value": 1719.144266,
        "relative_strength": 18.600687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.59483,
        "energy": 90.382023,
        "activity_lines": [
          1848.577767,
          1790.53942,
          1736.773224,
          1712.430612
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1838.615112,
        "volume": 36784,
        "typical_volume": 49160.45,
        "trend": 1687.511304,
        "fair_value": 1718.35455,
        "relative_strength": 17.51077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.571309,
        "energy": 88.340987,
        "activity_lines": [
          1850.645882,
          1807.988303,
          1748.872326,
          1722.792575
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1851.565308,
        "volume": 3398,
        "typical_volume": 49226.85,
        "trend": 1695.545907,
        "fair_value": 1717.647848,
        "relative_strength": 12.427304,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.622114,
        "energy": 69.199324,
        "activity_lines": [
          1848.718302,
          1824.146604,
          1761.361671,
          1733.376704
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1817.690552,
        "volume": 2492,
        "typical_volume": 49174.65,
        "trend": 1702.838745,
        "fair_value": 1716.724001,
        "relative_strength": 12.687282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.022136,
        "energy": 65.495016,
        "activity_lines": [
          1837.989828,
          1830.265237,
          1769.802539,
          1741.257004
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1842.715576,
        "volume": 2335,
        "typical_volume": 49291.4,
        "trend": 1710.380619,
        "fair_value": 1715.96057,
        "relative_strength": 15.640187,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.842839,
        "energy": 63.074532,
        "activity_lines": [
          1837.894116,
          1837.669156,
          1780.156507,
          1750.281315
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1842.715576,
        "volume": 0,
        "typical_volume": 42104.35,
        "trend": 1718.555461,
        "fair_value": 1715.197139,
        "relative_strength": 16.481741,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.430664,
        "energy": 56.805091,
        "activity_lines": [
          1838.617171,
          1841.353358,
          1789.921074,
          1758.819054
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1874.673096,
        "volume": 49727,
        "typical_volume": 43715.3,
        "trend": 1727.737236,
        "fair_value": 1714.638564,
        "relative_strength": 16.286468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.660115,
        "energy": 63.727152,
        "activity_lines": [
          1850.621395,
          1848.469267,
          1802.031886,
          1768.89116
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1910.563721,
        "volume": 11494,
        "typical_volume": 44188.7,
        "trend": 1738.096358,
        "fair_value": 1714.310057,
        "relative_strength": 15.803667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.671334,
        "energy": 70.343704,
        "activity_lines": [
          1872.185295,
          1859.188119,
          1816.745933,
          1780.686417
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2013.476563,
        "volume": 1047,
        "typical_volume": 44168.55,
        "trend": 1750.931234,
        "fair_value": 1714.641248,
        "relative_strength": 22.650794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.005237,
        "energy": 92.564997,
        "activity_lines": [
          1924.120248,
          1888.224978,
          1840.228293,
          1798.452882
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2080.016846,
        "volume": 8522,
        "typical_volume": 44491.65,
        "trend": 1765.364266,
        "fair_value": 1715.398979,
        "relative_strength": 27.189586,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.572597,
        "energy": 98.481235,
        "activity_lines": [
          1985.182894,
          1926.425167,
          1868.408685,
          1819.684212
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2021.85437,
        "volume": 159971,
        "typical_volume": 52403.35,
        "trend": 1777.512586,
        "fair_value": 1715.783874,
        "relative_strength": 27.275346,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.737983,
        "energy": 91.791298,
        "activity_lines": [
          2011.037964,
          1949.959091,
          1888.887073,
          1836.23196
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1978.411865,
        "volume": 4491,
        "typical_volume": 52627.9,
        "trend": 1788.074239,
        "fair_value": 1715.890291,
        "relative_strength": 21.679279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.612109,
        "energy": 88.922819,
        "activity_lines": [
          2010.469613,
          1962.508763,
          1903.400826,
          1849.193204
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1974.488403,
        "volume": 5392,
        "typical_volume": 52897.5,
        "trend": 1797.927848,
        "fair_value": 1715.971558,
        "relative_strength": 20.418139,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.126071,
        "energy": 86.847237,
        "activity_lines": [
          2001.677523,
          1971.803318,
          1915.920531,
          1861.219924
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2092.17041,
        "volume": 2081,
        "typical_volume": 53001.55,
        "trend": 1810.368819,
        "fair_value": 1716.807196,
        "relative_strength": 25.377493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.656051,
        "energy": 75.581841,
        "activity_lines": [
          2027.851123,
          2000.259637,
          1938.046344,
          1880.203315
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2011.824463,
        "volume": 2899,
        "typical_volume": 53146.5,
        "trend": 1820.131592,
        "fair_value": 1717.127797,
        "relative_strength": 20.359657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.793682,
        "energy": 63.100907,
        "activity_lines": [
          2021.996484,
          2009.117059,
          1950.358071,
          1893.200454
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2012.522583,
        "volume": 4517,
        "typical_volume": 53253.4,
        "trend": 1830.673124,
        "fair_value": 1717.452872,
        "relative_strength": 20.352261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.110535,
        "energy": 61.991449,
        "activity_lines": [
          2020.920711,
          2015.026705,
          1960.956794,
          1905.612776
        ]
      },
      {
        "date": "2024-10-18",
        "close": 2039.130981,
        "volume": 2803,
        "typical_volume": 53352.5,
        "trend": 1841.859489,
        "fair_value": 1717.948515,
        "relative_strength": 19.9845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.535678,
        "energy": 64.841581,
        "activity_lines": [
          2029.336523,
          2022.686841,
          1972.658038,
          1919.06167
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2005.501953,
        "volume": 875,
        "typical_volume": 29931.7,
        "trend": 1852.254476,
        "fair_value": 1718.228586,
        "relative_strength": 20.281094,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.068127,
        "energy": 52.714615,
        "activity_lines": [
          2022.494718,
          2021.242465,
          1979.607936,
          1929.619248
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2017.301758,
        "volume": 84992,
        "typical_volume": 22379.75,
        "trend": 1863.855937,
        "fair_value": 1718.584297,
        "relative_strength": 22.970484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.246942,
        "energy": 43.777692,
        "activity_lines": [
          2017.518612,
          2020.217358,
          1987.126499,
          1940.26746
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2007.252197,
        "volume": 135783,
        "typical_volume": 28616.85,
        "trend": 1876.569499,
        "fair_value": 1718.875588,
        "relative_strength": 18.788915,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.126058,
        "energy": 38.926894,
        "activity_lines": [
          2014.183895,
          2017.29551,
          1992.901081,
          1949.518831
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2000.821411,
        "volume": 9313,
        "typical_volume": 26445.8,
        "trend": 1888.659176,
        "fair_value": 1719.125657,
        "relative_strength": 20.884673,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.566497,
        "energy": 31.251722,
        "activity_lines": [
          2009.0104,
          2014.527421,
          1997.338183,
          1957.535084
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1995.098511,
        "volume": 13322,
        "typical_volume": 25272.7,
        "trend": 1900.558089,
        "fair_value": 1719.339039,
        "relative_strength": 19.914545,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.225586,
        "energy": 29.835091,
        "activity_lines": [
          2002.709351,
          2011.101223,
          2000.522266,
          1964.402138
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1995.098511,
        "volume": 0,
        "typical_volume": 25102.8,
        "trend": 1912.457003,
        "fair_value": 1719.552422,
        "relative_strength": 20.61108,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.574279,
        "energy": 25.929671,
        "activity_lines": [
          1999.343799,
          2007.371631,
          2002.96119,
          1970.50152
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1995.098511,
        "volume": 0,
        "typical_volume": 24978.2,
        "trend": 1924.355916,
        "fair_value": 1719.765805,
        "relative_strength": 16.309448,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.515712,
        "energy": 19.061756,
        "activity_lines": [
          1996.67181,
          2003.26731,
          2004.716623,
          1975.83323
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2025.826904,
        "volume": 1255,
        "typical_volume": 24924.2,
        "trend": 1937.27911,
        "fair_value": 1720.171881,
        "relative_strength": 16.738027,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.610133,
        "energy": 29.645902,
        "activity_lines": [
          2005.722835,
          2006.514913,
          2008.55377,
          1982.379745
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1950.553833,
        "volume": 1923,
        "typical_volume": 25020.35,
        "trend": 1945.234762,
        "fair_value": 1720.095438,
        "relative_strength": 16.249303,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.775247,
        "energy": 8.627247,
        "activity_lines": [
          1988.444523,
          1995.821913,
          2004.350094,
          1983.236179
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1950.553833,
        "volume": 0,
        "typical_volume": 22534.0,
        "trend": 1953.122266,
        "fair_value": 1720.018207,
        "relative_strength": 16.193447,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -16.237864,
        "energy": 25.735175,
        "activity_lines": [
          1974.517383,
          1986.255617,
          1999.632902,
          1983.579345
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1950.553833,
        "volume": 0,
        "typical_volume": 21959.3,
        "trend": 1955.176538,
        "fair_value": 1719.940977,
        "relative_strength": 16.235474,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -21.937979,
        "energy": 60.799259,
        "activity_lines": [
          1963.559888,
          1978.299816,
          1994.554374,
          1983.41364
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1963.341187,
        "volume": 2024,
        "typical_volume": 22008.15,
        "trend": 1958.886015,
        "fair_value": 1719.945716,
        "relative_strength": 14.791733,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -8.690275,
        "energy": 61.383965,
        "activity_lines": [
          1959.834489,
          1973.668044,
          1990.503259,
          1983.940391
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1961.59021,
        "volume": 4014,
        "typical_volume": 21782.75,
        "trend": 1962.439119,
        "fair_value": 1719.939232,
        "relative_strength": 13.240387,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -26.629896,
        "energy": 67.753375,
        "activity_lines": [
          1957.642586,
          1969.699015,
          1986.524125,
          1984.114855
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2032.077759,
        "volume": 2421,
        "typical_volume": 13905.25,
        "trend": 1968.436861,
        "fair_value": 1720.38459,
        "relative_strength": 13.387323,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.285209,
        "energy": 21.810799,
        "activity_lines": [
          1983.22898,
          1979.376121,
          1989.822027,
          1988.607671
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2073.754639,
        "volume": 6693,
        "typical_volume": 14015.35,
        "trend": 1976.274845,
        "fair_value": 1721.097109,
        "relative_strength": 15.271176,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 74.695637,
        "energy": 56.968129,
        "activity_lines": [
          2017.272738,
          1996.062545,
          1997.040473,
          1995.402366
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2055.242432,
        "volume": 6119,
        "typical_volume": 14051.7,
        "trend": 1983.064083,
        "fair_value": 1721.690959,
        "relative_strength": 10.160589,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 80.458008,
        "energy": 67.499455,
        "activity_lines": [
          2036.932373,
          2007.953001,
          2002.041839,
          2000.497049
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2083.581055,
        "volume": 9018,
        "typical_volume": 14398.55,
        "trend": 1991.9271,
        "fair_value": 1722.466467,
        "relative_strength": 8.518938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.676939,
        "energy": 90.219328,
        "activity_lines": [
          2059.058977,
          2023.902408,
          2009.357578,
          2006.982015
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2085.853271,
        "volume": 9602,
        "typical_volume": 14733.7,
        "trend": 2000.03169,
        "fair_value": 1723.25654,
        "relative_strength": 8.781867,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.061817,
        "energy": 92.759753,
        "activity_lines": [
          2073.926994,
          2038.656172,
          2016.93062,
          2013.041768
        ]
      },
      {
        "date": "2025-02-28",
        "close": 2077.816895,
        "volume": 206813,
        "typical_volume": 24848.5,
        "trend": 2007.8684,
        "fair_value": 1723.995098,
        "relative_strength": 10.766195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.003887,
        "energy": 87.879122,
        "activity_lines": [
          2077.832015,
          2050.857389,
          2023.385775,
          2018.060168
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2096.67334,
        "volume": 5220,
        "typical_volume": 24969.35,
        "trend": 2015.268408,
        "fair_value": 1724.854531,
        "relative_strength": 10.188444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.385955,
        "energy": 88.922734,
        "activity_lines": [
          2084.973242,
          2064.173176,
          2031.325856,
          2023.789519
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2096.67334,
        "volume": 0,
        "typical_volume": 24925.6,
        "trend": 2021.472062,
        "fair_value": 1725.713964,
        "relative_strength": 10.358049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.013085,
        "energy": 81.695787,
        "activity_lines": [
          2090.586556,
          2074.832244,
          2038.991927,
          2029.04145
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2061.586914,
        "volume": 2745,
        "typical_volume": 20813.25,
        "trend": 2023.075741,
        "fair_value": 1726.348484,
        "relative_strength": 7.60648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.652616,
        "energy": 64.765492,
        "activity_lines": [
          2081.742334,
          2076.455245,
          2042.882283,
          2031.629505
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2061.586914,
        "volume": 0,
        "typical_volume": 14024.1,
        "trend": 2022.46141,
        "fair_value": 1726.983004,
        "relative_strength": 6.074797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.320266,
        "energy": 54.905836,
        "activity_lines": [
          2074.364388,
          2076.291959,
          2046.561758,
          2034.114097
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2061.586914,
        "volume": 0,
        "typical_volume": 13558.45,
        "trend": 2023.785828,
        "fair_value": 1727.617524,
        "relative_strength": 8.971466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.203189,
        "energy": 41.769159,
        "activity_lines": [
          2068.604199,
          2074.310551,
          2049.982496,
          2036.638323
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2061.586914,
        "volume": 0,
        "typical_volume": 12892.35,
        "trend": 2026.558329,
        "fair_value": 1728.252044,
        "relative_strength": 8.23471,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.164306,
        "energy": 31.392552,
        "activity_lines": [
          2063.926009,
          2071.792614,
          2053.113874,
          2039.077103
        ]
      },
      {
        "date": "2025-04-18",
        "close": 2061.586914,
        "volume": 0,
        "typical_volume": 12892.35,
        "trend": 2029.461613,
        "fair_value": 1728.886564,
        "relative_strength": 4.612376,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.977758,
        "energy": 28.530165,
        "activity_lines": [
          2061.586914,
          2069.495907,
          2055.928641,
          2041.337012
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2061.586914,
        "volume": 0,
        "typical_volume": 12892.35,
        "trend": 2028.442163,
        "fair_value": 1729.521084,
        "relative_strength": -2.618784,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.028011,
        "energy": 30.485794,
        "activity_lines": [
          2061.586914,
          2067.083847,
          2058.426797,
          2043.409612
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2055.360596,
        "volume": 1717,
        "typical_volume": 12915.45,
        "trend": 2029.893368,
        "fair_value": 1730.115691,
        "relative_strength": -1.746018,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 38.195711,
        "energy": 30.775067,
        "activity_lines": [
          2059.511475,
          2063.939622,
          2060.015358,
          2045.146285
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2035.795898,
        "volume": 8021,
        "typical_volume": 13220.35,
        "trend": 2030.669145,
        "fair_value": 1732.605105,
        "relative_strength": -4.327286,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.946671,
        "energy": 23.226934,
        "activity_lines": [
          2051.329557,
          2057.792591,
          2059.599979,
          2045.527093
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2066.623291,
        "volume": 2662,
        "typical_volume": 13353.45,
        "trend": 2031.585555,
        "fair_value": 1735.296848,
        "relative_strength": -5.630444,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.091346,
        "energy": 26.417707,
        "activity_lines": [
          2055.142838,
          2058.01456,
          2061.714626,
          2047.846716
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2073.065918,
        "volume": 131566,
        "typical_volume": 19931.75,
        "trend": 2033.837687,
        "fair_value": 1738.029891,
        "relative_strength": -6.241701,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.580872,
        "energy": 34.570954,
        "activity_lines": [
          2060.767904,
          2059.954279,
          2063.890146,
          2050.522868
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2081.446777,
        "volume": 10356,
        "typical_volume": 20348.35,
        "trend": 2035.975855,
        "fair_value": 1740.816657,
        "relative_strength": -5.174347,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.359646,
        "energy": 52.20995,
        "activity_lines": [
          2068.421321,
          2063.847017,
          2066.280452,
          2053.594422
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2085.863037,
        "volume": 2167,
        "typical_volume": 20256.0,
        "trend": 2038.596216,
        "fair_value": 1743.626182,
        "relative_strength": -5.345697,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.469668,
        "energy": 87.434796,
        "activity_lines": [
          2076.222835,
          2068.181623,
          2068.528946,
          2056.81295
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2082.912354,
        "volume": 1494,
        "typical_volume": 20209.65,
        "trend": 2041.332581,
        "fair_value": 1746.416792,
        "relative_strength": -4.493316,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.626074,
        "energy": 88.021577,
        "activity_lines": [
          2081.007292,
          2071.538357,
          2069.904648,
          2059.672056
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2027.863403,
        "volume": 3249,
        "typical_volume": 20037.45,
        "trend": 2042.424744,
        "fair_value": 1748.854524,
        "relative_strength": -5.120816,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": 3.012383,
        "energy": 18.527058,
        "activity_lines": [
          2064.301001,
          2064.498455,
          2065.795523,
          2058.803077
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2027.863403,
        "volume": 0,
        "typical_volume": 19731.5,
        "trend": 2043.516907,
        "fair_value": 1751.648858,
        "relative_strength": -6.984351,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -22.683826,
        "energy": 32.207758,
        "activity_lines": [
          2050.178703,
          2058.071708,
          2061.904928,
          2057.863635
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2061.05835,
        "volume": 2765,
        "typical_volume": 19418.85,
        "trend": 2045.715568,
        "fair_value": 1754.655979,
        "relative_strength": -6.43739,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 3.250848,
        "energy": 26.863488,
        "activity_lines": [
          2050.134888,
          2058.293561,
          2061.306132,
          2058.995341
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2061.05835,
        "volume": 0,
        "typical_volume": 18938.75,
        "trend": 2046.88995,
        "fair_value": 1757.663101,
        "relative_strength": -4.281144,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.130767,
        "energy": 27.911847,
        "activity_lines": [
          2051.450301,
          2058.525024,
          2060.814587,
          2059.985198
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2024.911011,
        "volume": 6051,
        "typical_volume": 8900.65,
        "trend": 2049.368522,
        "fair_value": 1759.676529,
        "relative_strength": -5.526065,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -49.371796,
        "energy": 56.277296,
        "activity_lines": [
          2042.370248,
          2052.080649,
          2056.99851,
          2058.567202
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2050.586914,
        "volume": 8498,
        "typical_volume": 9064.55,
        "trend": 2052.702958,
        "fair_value": 1761.745793,
        "relative_strength": -6.122029,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.712878,
        "energy": 20.772639,
        "activity_lines": [
          2045.715584,
          2050.502526,
          2055.87969,
          2058.645808
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2050.586914,
        "volume": 0,
        "typical_volume": 9064.55,
        "trend": 2056.037394,
        "fair_value": 1763.796239,
        "relative_strength": -5.460562,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.284035,
        "energy": 20.09942,
        "activity_lines": [
          2047.546021,
          2049.215974,
          2054.980329,
          2058.509289
        ]
      },
      {
        "date": "2025-08-08",
        "close": 2023.385498,
        "volume": 1391,
        "typical_volume": 8996.85,
        "trend": 2058.038871,
        "fair_value": 1765.672316,
        "relative_strength": -8.571585,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "down",
        "direction": -71.390261,
        "energy": 56.436574,
        "activity_lines": [
          2038.794417,
          2043.392418,
          2051.709816,
          2056.402715
        ]
      },
      {
        "date": "2025-08-15",
        "close": 2047.398438,
        "volume": 2421,
        "typical_volume": 9117.9,
        "trend": 2060.899146,
        "fair_value": 1767.702323,
        "relative_strength": -7.873375,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.250803,
        "energy": 32.370355,
        "activity_lines": [
          2040.558651,
          2042.990512,
          2050.908161,
          2055.716236
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2051.925537,
        "volume": 1311,
        "typical_volume": 9183.45,
        "trend": 2061.560738,
        "fair_value": 1769.761349,
        "relative_strength": -8.94288,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.076902,
        "energy": 25.600145,
        "activity_lines": [
          2044.742578,
          2044.111071,
          2050.605222,
          2055.137293
        ]
      },
      {
        "date": "2025-08-29",
        "close": 2051.925537,
        "volume": 0,
        "typical_volume": 9183.45,
        "trend": 2060.833101,
        "fair_value": 1772.63994,
        "relative_strength": -7.938784,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.788757,
        "energy": 22.70897,
        "activity_lines": [
          2047.125537,
          2045.795026,
          2050.34829,
          2054.515667
        ]
      },
      {
        "date": "2025-09-05",
        "close": 2030.15625,
        "volume": 12682,
        "typical_volume": 9817.55,
        "trend": 2059.996895,
        "fair_value": 1775.692158,
        "relative_strength": -11.312438,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.77114,
        "energy": 28.008519,
        "activity_lines": [
          2042.162826,
          2043.083436,
          2048.0641,
          2052.536516
        ]
      },
      {
        "date": "2025-09-12",
        "close": 2061.658447,
        "volume": 4174,
        "typical_volume": 10026.25,
        "trend": 2059.266142,
        "fair_value": 1778.961169,
        "relative_strength": -11.649004,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.128142,
        "energy": 12.033378,
        "activity_lines": [
          2049.062891,
          2046.05783,
          2048.929788,
          2052.643712
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2046.886597,
        "volume": 860251,
        "typical_volume": 52952.95,
        "trend": 2057.967253,
        "fair_value": 1782.447655,
        "relative_strength": -11.225638,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.515964,
        "energy": 13.133712,
        "activity_lines": [
          2048.487476,
          2046.335522,
          2048.388293,
          2051.845032
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2054.110352,
        "volume": 896,
        "typical_volume": 52596.7,
        "trend": 2057.177035,
        "fair_value": 1786.384313,
        "relative_strength": -12.195774,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.08565,
        "energy": 10.020732,
        "activity_lines": [
          2050.354102,
          2048.184293,
          2048.575127,
          2051.5962
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2054.110352,
        "volume": 0,
        "typical_volume": 52463.6,
        "trend": 2055.758268,
        "fair_value": 1789.950777,
        "relative_strength": -11.507523,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.196442,
        "energy": 11.67634,
        "activity_lines": [
          2052.075074,
          2049.502166,
          2048.674749,
          2051.398349
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2061.973633,
        "volume": 3448,
        "typical_volume": 46057.7,
        "trend": 2054.601611,
        "fair_value": 1793.934127,
        "relative_strength": -8.888467,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.202453,
        "energy": 18.987402,
        "activity_lines": [
          2056.271485,
          2052.185665,
          2049.582841,
          2051.799341
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2100.364746,
        "volume": 1852,
        "typical_volume": 45632.5,
        "trend": 2055.894206,
        "fair_value": 1798.083265,
        "relative_strength": -8.74986,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 50.937034,
        "energy": 61.163486,
        "activity_lines": [
          2071.143775,
          2061.642334,
          2054.200049,
          2054.751801
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2107.037109,
        "volume": 169,
        "typical_volume": 45532.6,
        "trend": 2057.409212,
        "fair_value": 1802.275175,
        "relative_strength": -7.360083,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 91.150929,
        "energy": 90.759758,
        "activity_lines": [
          2085.659766,
          2070.912538,
          2059.362635,
          2058.051343
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2107.037109,
        "volume": 0,
        "typical_volume": 45457.9,
        "trend": 2058.924219,
        "fair_value": 1806.259897,
        "relative_strength": -9.462417,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.951594,
        "energy": 93.83088,
        "activity_lines": [
          2096.165722,
          2079.098402,
          2064.424392,
          2061.253143
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2075.830322,
        "volume": 289,
        "typical_volume": 45309.9,
        "trend": 2059.398999,
        "fair_value": 1809.849597,
        "relative_strength": -11.383535,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.419246,
        "energy": 84.755265,
        "activity_lines": [
          2092.740967,
          2080.608276,
          2066.399194,
          2062.343859
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2075.830322,
        "volume": 0,
        "typical_volume": 45309.9,
        "trend": 2059.873779,
        "fair_value": 1812.884823,
        "relative_strength": -9.596046,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.241134,
        "energy": 80.436449,
        "activity_lines": [
          2087.868213,
          2081.683518,
          2068.145583,
          2063.403945
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2011.093628,
        "volume": 203368,
        "typical_volume": 55340.05,
        "trend": 2058.19067,
        "fair_value": 1815.301595,
        "relative_strength": -11.450138,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -0.044854,
        "energy": 12.851313,
        "activity_lines": [
          2060.492781,
          2070.158014,
          2063.498158,
          2060.256838
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2011.093628,
        "volume": 0,
        "typical_volume": 55340.05,
        "trend": 2056.715104,
        "fair_value": 1817.584563,
        "relative_strength": -13.462124,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -35.155828,
        "energy": 44.763147,
        "activity_lines": [
          2039.068758,
          2059.551871,
          2059.08866,
          2057.218319
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2011.093628,
        "volume": 0,
        "typical_volume": 55037.5,
        "trend": 2055.891695,
        "fair_value": 1819.811768,
        "relative_strength": -12.837102,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.761919,
        "energy": 65.843888,
        "activity_lines": [
          2024.040967,
          2049.596509,
          2054.91709,
          2054.274998
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2011.093628,
        "volume": 0,
        "typical_volume": 54612.6,
        "trend": 2054.040706,
        "fair_value": 1822.037842,
        "relative_strength": -14.263691,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -74.775255,
        "energy": 90.167279,
        "activity_lines": [
          2015.409408,
          2040.423269,
          2050.811316,
          2051.3848
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2043.51001,
        "volume": 0,
        "typical_volume": 54612.6,
        "trend": 2053.055509,
        "fair_value": 1824.577206,
        "relative_strength": -11.520055,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.178729,
        "energy": 84.748126,
        "activity_lines": [
          2021.899089,
          2037.926039,
          2049.980881,
          2050.705401
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2043.51001,
        "volume": 0,
        "typical_volume": 54543.05,
        "trend": 2051.790951,
        "fair_value": 1827.341279,
        "relative_strength": -13.381109,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.598569,
        "energy": 64.874455,
        "activity_lines": [
          2030.543457,
          2035.764511,
          2049.184145,
          2050.089562
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2043.51001,
        "volume": 0,
        "typical_volume": 54422.0,
        "trend": 2050.379183,
        "fair_value": 1829.983807,
        "relative_strength": -10.98202,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.147385,
        "energy": 32.698083,
        "activity_lines": [
          2037.026734,
          2034.636706,
          2048.291578,
          2049.555308
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2179.72998,
        "volume": 6105,
        "typical_volume": 54661.7,
        "trend": 2053.606437,
        "fair_value": 1833.308255,
        "relative_strength": -7.481863,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 75.174375,
        "energy": 59.153778,
        "activity_lines": [
          2086.755575,
          2059.431206,
          2060.390858,
          2057.90052
        ]
      },
      {
        "date": "2026-01-16",
        "close": 2080.0,
        "volume": 31,
        "typical_volume": 54663.25,
        "trend": 2055.344324,
        "fair_value": 1835.847189,
        "relative_strength": -12.742537,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 55.5864,
        "energy": 51.044738,
        "activity_lines": [
          2091.998665,
          2064.771294,
          2062.383451,
          2059.603331
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2060.0,
        "volume": 91,
        "typical_volume": 54033.7,
        "trend": 2056.415544,
        "fair_value": 1838.206304,
        "relative_strength": -14.483692,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.143312,
        "energy": 45.354432,
        "activity_lines": [
          2085.981331,
          2066.399205,
          2062.337595,
          2059.903697
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2100.0,
        "volume": 53,
        "typical_volume": 53827.65,
        "trend": 2057.713599,
        "fair_value": 1840.817047,
        "relative_strength": -11.600491,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 62.150326,
        "energy": 49.052419,
        "activity_lines": [
          2092.197998,
          2075.587669,
          2065.95915,
          2062.715597
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2045.0,
        "volume": 71,
        "typical_volume": 10818.65,
        "trend": 2057.17832,
        "fair_value": 1843.075226,
        "relative_strength": -17.365281,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.256204,
        "energy": 17.325967,
        "activity_lines": [
          2076.315332,
          2073.159652,
          2064.160031,
          2061.895365
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2087.0,
        "volume": 269,
        "typical_volume": 10787.3,
        "trend": 2059.247953,
        "fair_value": 1845.789893,
        "relative_strength": -16.026536,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.623305,
        "energy": 17.361543,
        "activity_lines": [
          2074.333333,
          2077.75152,
          2066.369895,
          2063.819345
        ]
      },
      {
        "date": "2026-02-20",
        "close": 2093.0,
        "volume": 5,
        "typical_volume": 10787.55,
        "trend": 2060.661723,
        "fair_value": 1848.890344,
        "relative_strength": -15.289446,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.811136,
        "energy": 23.925704,
        "activity_lines": [
          2080.533333,
          2082.054181,
          2068.994571,
          2065.996896
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2140.0,
        "volume": 103,
        "typical_volume": 10620.3,
        "trend": 2063.642159,
        "fair_value": 1852.404621,
        "relative_strength": -12.878074,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 71.552176,
        "energy": 39.40374,
        "activity_lines": [
          2101.533333,
          2093.41309,
          2075.910248,
          2071.115495
        ]
      },
      {
        "date": "2026-03-06",
        "close": 2105.0,
        "volume": 33,
        "typical_volume": 10529.35,
        "trend": 2066.362642,
        "fair_value": 1855.64198,
        "relative_strength": -8.663742,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.450599,
        "energy": 49.505826,
        "activity_lines": [
          2105.533333,
          2096.653999,
          2079.121038,
          2073.783742
        ]
      },
      {
        "date": "2026-03-13",
        "close": 2038.640015,
        "volume": 833863,
        "typical_volume": 52214.05,
        "trend": 2066.070695,
        "fair_value": 1858.227107,
        "relative_strength": -8.844777,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.86593,
        "energy": 19.022393,
        "activity_lines": [
          2087.080005,
          2086.711457,
          2075.989757,
          2071.995186
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1975.0,
        "volume": 1608,
        "typical_volume": 52294.45,
        "trend": 2063.50651,
        "fair_value": 1860.383388,
        "relative_strength": -9.177811,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.886789,
        "energy": 20.955337,
        "activity_lines": [
          2047.837337,
          2065.286548,
          2067.123222,
          2066.119657
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1991.0,
        "volume": 26,
        "typical_volume": 52281.3,
        "trend": 2061.475659,
        "fair_value": 1862.516724,
        "relative_strength": -11.496808,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -66.079072,
        "energy": 47.983301,
        "activity_lines": [
          2021.39467,
          2050.493093,
          2060.409245,
          2061.441818
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1950.859985,
        "volume": 17496,
        "typical_volume": 53156.1,
        "trend": 2058.83245,
        "fair_value": 1864.316337,
        "relative_strength": -16.458503,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.532355,
        "energy": 73.174639,
        "activity_lines": [
          1988.371997,
          2030.019636,
          2050.276363,
          2054.305323
        ]
      },
      {
        "date": "2026-04-10",
        "close": 2048.0,
        "volume": 17614,
        "typical_volume": 43868.4,
        "trend": 2058.377169,
        "fair_value": 1866.650774,
        "relative_strength": -12.157414,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.817768,
        "energy": 67.919902,
        "activity_lines": [
          2000.338664,
          2029.192363,
          2049.990008,
          2053.606455
        ]
      },
      {
        "date": "2026-04-17",
        "close": 2113.27832,
        "volume": 10,
        "typical_volume": 43868.9,
        "trend": 2060.590226,
        "fair_value": 1869.311323,
        "relative_strength": -8.646394,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.175825,
        "energy": 20.830199,
        "activity_lines": [
          2037.86477,
          2041.17933,
          2055.744892,
          2057.148465
        ]
      },
      {
        "date": "2026-04-24",
        "close": 2058.204102,
        "volume": 45,
        "typical_volume": 43871.15,
        "trend": 2060.726685,
        "fair_value": 1871.675419,
        "relative_strength": -9.915998,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.017093,
        "energy": 14.793694,
        "activity_lines": [
          2052.056917,
          2041.911379,
          2055.768018,
          2056.994521
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2014.063354,
        "volume": 1335,
        "typical_volume": 43937.9,
        "trend": 2059.391785,
        "fair_value": 1873.822336,
        "relative_strength": -9.688976,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.302092,
        "energy": 24.634702,
        "activity_lines": [
          2045.988542,
          2035.1414,
          2051.362927,
          2053.983984
        ]
      },
      {
        "date": "2026-05-08",
        "close": 2014.063354,
        "volume": 0,
        "typical_volume": 43937.9,
        "trend": 2057.794775,
        "fair_value": 1876.12416,
        "relative_strength": -11.901893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.552254,
        "energy": 22.161815,
        "activity_lines": [
          2038.382609,
          2029.806632,
          2046.943695,
          2051.059569
        ]
      },
      {
        "date": "2026-05-15",
        "close": 2083.513672,
        "volume": 209,
        "typical_volume": 43948.35,
        "trend": 2057.233073,
        "fair_value": 1878.871178,
        "relative_strength": -6.069399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.149338,
        "energy": 7.450914,
        "activity_lines": [
          2049.713224,
          2039.388951,
          2049.279002,
          2052.718852
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2065.526123,
        "volume": 1120,
        "typical_volume": 44004.35,
        "trend": 2055.849373,
        "fair_value": 1881.193899,
        "relative_strength": -7.078494,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.623443,
        "energy": 8.869,
        "activity_lines": [
          2052.680412,
          2046.091468,
          2049.710714,
          2053.253888
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2118.239014,
        "volume": 39467,
        "typical_volume": 45672.45,
        "trend": 2056.22277,
        "fair_value": 1884.228912,
        "relative_strength": -4.773187,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.055414,
        "energy": 29.376288,
        "activity_lines": [
          2076.402043,
          2061.889309,
          2055.057864,
          2057.279026
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2108.317383,
        "volume": 327,
        "typical_volume": 45687.25,
        "trend": 2057.305672,
        "fair_value": 1887.19454,
        "relative_strength": -1.477024,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 52.264187,
        "energy": 49.818385,
        "activity_lines": [
          2092.814136,
          2073.278871,
          2059.75291,
          2060.639969
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2133.121338,
        "volume": 762,
        "typical_volume": 45720.8,
        "trend": 2059.215373,
        "fair_value": 1890.319168,
        "relative_strength": -2.695807,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.261041,
        "energy": 70.132476,
        "activity_lines": [
          2111.210612,
          2087.045199,
          2066.675393,
          2065.531302
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2138.0,
        "volume": 0,
        "typical_volume": 45718.15,
        "trend": 2063.445585,
        "fair_value": 1893.726729,
        "relative_strength": -1.853185,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.009571,
        "energy": 77.564643,
        "activity_lines": [
          2123.29611,
          2098.384715,
          2073.714314,
          2070.614181
        ]
      },
      {
        "date": "2026-06-26",
        "close": 2145.0,
        "volume": 1455,
        "typical_volume": 45787.35,
        "trend": 2067.909131,
        "fair_value": 1897.195851,
        "relative_strength": -0.626184,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.293838,
        "energy": 77.404881,
        "activity_lines": [
          2134.08252,
          2109.360594,
          2081.238949,
          2075.875756
        ]
      },
      {
        "date": "2026-07-03",
        "close": 2169.0,
        "volume": 0,
        "typical_volume": 45773.9,
        "trend": 2073.172677,
        "fair_value": 1901.072306,
        "relative_strength": 0.927455,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.247267,
        "energy": 82.47306,
        "activity_lines": [
          2147.570671,
          2124.123351,
          2090.573107,
          2082.397748
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2149.0,
        "volume": 507,
        "typical_volume": 45799.0,
        "trend": 2077.769556,
        "fair_value": 1904.517569,
        "relative_strength": 1.094329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.175725,
        "energy": 79.928777,
        "activity_lines": [
          2151.008089,
          2133.235274,
          2097.612028,
          2087.289833
        ]
      },
      {
        "date": "2026-07-17",
        "close": 2107.0,
        "volume": 2205,
        "typical_volume": 45904.1,
        "trend": 2079.885889,
        "fair_value": 1907.813637,
        "relative_strength": -0.826622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.835211,
        "energy": 63.293715,
        "activity_lines": [
          2137.733333,
          2132.25744,
          2100.384282,
          2089.175668
        ]
      },
      {
        "date": "2026-07-24",
        "close": 2092.0,
        "volume": 1853,
        "typical_volume": 45995.1,
        "trend": 2081.502222,
        "fair_value": 1911.10764,
        "relative_strength": -0.905863,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.512113,
        "energy": 37.47452,
        "activity_lines": [
          2121.2,
          2126.862575,
          2101.885107,
          2089.957224
        ]
      },
      {
        "date": "2026-07-31",
        "close": 2082.0,
        "volume": 99,
        "typical_volume": 4306.9,
        "trend": 2082.785221,
        "fair_value": 1914.278782,
        "relative_strength": -1.902665,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 26.668827,
        "energy": 25.985143,
        "activity_lines": [
          2104.4,
          2119.495233,
          2102.495457,
          2089.989339
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2148.0,
        "volume": 1706,
        "typical_volume": 4311.8,
        "trend": 2081.727555,
        "fair_value": 1917.873001,
        "relative_strength": 1.373928,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.650312,
        "energy": 30.589016,
        "activity_lines": [
          2113.8,
          2123.828365,
          2109.185044,
          2094.196744
        ]
      }
    ],
    "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."
    }
  }
}