{
  "ticker": {
    "uuid": "98247629-99c2-48c9-a6e8-d5dfd2a18cd5",
    "symbol": "UC07",
    "name": "UBS MSCI USA Value UCITS ETF USD dis",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 90.379,
    "architecture_energy": 73.376,
    "architecture_maturity": 66.044,
    "architecture_confidence": 78.502,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 5.24,
        "rotation_up": 68.56,
        "upward_expansion": 87.67,
        "deceleration": 65.31,
        "rotation_down": 23.86,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        10375.166667,
        10306.027273,
        10153.404762,
        9989.523795
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 10570.5,
    "trend_reference": 9798.797591,
    "distance_from_trend": 0.078755,
    "trend_direction": "Improving",
    "fair_value": 8733.002817,
    "distance_from_fair_value": 0.210408,
    "fair_value_direction": "Improving",
    "relative_strength": 2.171845,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.103986,
    "excess_performance": 0.052751,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.078755,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.037361,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.210408,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.062075,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.021718,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.014598,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.103986,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.97234,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 19129,
      "relative_activity": 0.701607,
      "balance": 0.97234,
      "dry_up": 2.329747,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.014566,
      "annualized_volatility": 0.08006,
      "from_high_reference": -0.13669,
      "from_low_reference": 0.224283
    },
    "levels": {
      "trend_reference": 9798.797591,
      "fair_value_reference": 8733.002817,
      "structural_low": 9135.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 37,
        "median_return": 0.001971,
        "positive_rate": 0.540541,
        "directional_follow_through": 0.540541,
        "median_excess_return": 0.007116,
        "regime_survival": 0.702703,
        "best_return": 0.066859,
        "worst_return": -0.061505,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 15,
        "median_return": 0.028107,
        "positive_rate": 0.733333,
        "directional_follow_through": 0.733333,
        "median_excess_return": 0.011583,
        "regime_survival": 0.6,
        "best_return": 0.08321,
        "worst_return": -0.125132,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.018066,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.022262,
        "regime_survival": 0.571429,
        "best_return": 0.115003,
        "worst_return": -0.020571,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.06841,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.003934,
        "regime_survival": 0.5,
        "best_return": 0.132231,
        "worst_return": -0.091436,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-15",
        "end": "2024-06-07",
        "tenure": "Established",
        "return": 0.069747,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-14",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": 0.033144,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": 0.06498,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.034028,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": -0.089861,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.086165,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.059891,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-04",
        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.02115,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.018715,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": 0.042646,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-21",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": 0.034479,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-06",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.036747,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.053878,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.088172,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 7313.056641,
        "volume": 4529,
        "typical_volume": 7009.65,
        "trend": 7450.611654,
        "fair_value": 7101.844317,
        "relative_strength": -0.494786,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 2.038242,
        "energy": 24.880711,
        "activity_lines": [
          7466.662956,
          7439.370606,
          7388.022419,
          7391.441011
        ]
      },
      {
        "date": "2023-08-25",
        "close": 7391.519531,
        "volume": 984,
        "typical_volume": 6997.2,
        "trend": 7438.438118,
        "fair_value": 7113.564747,
        "relative_strength": -0.361406,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -9.471978,
        "energy": 7.653717,
        "activity_lines": [
          7427.608594,
          7436.349805,
          7390.352439,
          7387.628616
        ]
      },
      {
        "date": "2023-09-01",
        "close": 7489.973145,
        "volume": 1225,
        "typical_volume": 6286.35,
        "trend": 7423.673063,
        "fair_value": 7126.073176,
        "relative_strength": -0.581043,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.730768,
        "energy": 12.178616,
        "activity_lines": [
          7433.27972,
          7450.261444,
          7401.981501,
          7390.953457
        ]
      },
      {
        "date": "2023-09-08",
        "close": 7493.971191,
        "volume": 1398,
        "typical_volume": 6081.85,
        "trend": 7410.423812,
        "fair_value": 7137.489821,
        "relative_strength": -0.552204,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.254943,
        "energy": 12.397657,
        "activity_lines": [
          7447.559798,
          7460.678933,
          7413.825744,
          7395.48882
        ]
      },
      {
        "date": "2023-09-15",
        "close": 7603.919434,
        "volume": 862,
        "typical_volume": 5712.1,
        "trend": 7401.106006,
        "fair_value": 7149.768148,
        "relative_strength": -1.979776,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 66.766794,
        "energy": 43.771899,
        "activity_lines": [
          7504.099805,
          7489.664311,
          7435.942348,
          7407.972408
        ]
      },
      {
        "date": "2023-09-22",
        "close": 7529.954102,
        "volume": 5897,
        "typical_volume": 5704.8,
        "trend": 7393.836768,
        "fair_value": 7162.404795,
        "relative_strength": -2.349075,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.296615,
        "energy": 54.228492,
        "activity_lines": [
          7527.921843,
          7499.371982,
          7449.928093,
          7416.285189
        ]
      },
      {
        "date": "2023-09-29",
        "close": 7483.975586,
        "volume": 2948,
        "typical_volume": 5617.65,
        "trend": 7384.085466,
        "fair_value": 7174.506573,
        "relative_strength": -1.768389,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.639702,
        "energy": 51.319177,
        "activity_lines": [
          7521.957878,
          7495.499352,
          7458.010587,
          7422.100596
        ]
      },
      {
        "date": "2023-10-06",
        "close": 7264.57959,
        "volume": 697,
        "typical_volume": 5630.65,
        "trend": 7376.915267,
        "fair_value": 7184.03012,
        "relative_strength": -2.975846,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 12.200751,
        "energy": 8.663224,
        "activity_lines": [
          7436.698177,
          7453.303054,
          7444.014181,
          7414.39054
        ]
      },
      {
        "date": "2023-10-13",
        "close": 7437.99707,
        "volume": 729,
        "typical_volume": 4465.05,
        "trend": 7384.737012,
        "fair_value": 7194.319533,
        "relative_strength": -1.79153,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 27.602493,
        "energy": 17.001527,
        "activity_lines": [
          7424.27054,
          7448.719709,
          7446.646666,
          7418.331301
        ]
      },
      {
        "date": "2023-10-20",
        "close": 7334.046387,
        "volume": 4696,
        "typical_volume": 4202.65,
        "trend": 7391.15918,
        "fair_value": 7204.573336,
        "relative_strength": -0.363174,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.055753,
        "energy": 23.038487,
        "activity_lines": [
          7380.924284,
          7427.784091,
          7438.490137,
          7415.060939
        ]
      },
      {
        "date": "2023-10-27",
        "close": 7183.617188,
        "volume": 4810,
        "typical_volume": 3498.9,
        "trend": 7385.154655,
        "fair_value": 7215.700655,
        "relative_strength": -0.664289,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.275894,
        "energy": 41.03258,
        "activity_lines": [
          7305.426498,
          7382.205531,
          7415.820094,
          7401.671133
        ]
      },
      {
        "date": "2023-11-03",
        "close": 7399.016113,
        "volume": 10055,
        "typical_volume": 3310.75,
        "trend": 7385.946989,
        "fair_value": 7226.812779,
        "relative_strength": 0.755298,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.06997,
        "energy": 34.717865,
        "activity_lines": [
          7324.817481,
          7378.143857,
          7414.32214,
          7402.56542
        ]
      },
      {
        "date": "2023-11-10",
        "close": 7361.03418,
        "volume": 50,
        "typical_volume": 3053.45,
        "trend": 7382.808122,
        "fair_value": 7235.968497,
        "relative_strength": 1.197709,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -15.903552,
        "energy": 32.966546,
        "activity_lines": [
          7337.211784,
          7367.040075,
          7408.917581,
          7400.958142
        ]
      },
      {
        "date": "2023-11-17",
        "close": 7461.98584,
        "volume": 1506,
        "typical_volume": 3003.0,
        "trend": 7383.134245,
        "fair_value": 7245.876988,
        "relative_strength": 0.77736,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 9.745701,
        "energy": 11.135116,
        "activity_lines": [
          7376.826335,
          7376.635485,
          7412.635942,
          7406.066382
        ]
      },
      {
        "date": "2023-11-24",
        "close": 7435.999023,
        "volume": 55931,
        "typical_volume": 5488.65,
        "trend": 7385.142692,
        "fair_value": 7254.748028,
        "relative_strength": 0.789001,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.796881,
        "energy": 13.29917,
        "activity_lines": [
          7406.179362,
          7382.087571,
          7413.659068,
          7409.477013
        ]
      },
      {
        "date": "2023-12-01",
        "close": 7492.97168,
        "volume": 1006,
        "typical_volume": 5133.0,
        "trend": 7394.580355,
        "fair_value": 7263.897824,
        "relative_strength": 1.105907,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 43.374358,
        "energy": 27.683467,
        "activity_lines": [
          7447.726432,
          7400.951421,
          7419.381018,
          7416.433722
        ]
      },
      {
        "date": "2023-12-08",
        "close": 7563.438965,
        "volume": 1176,
        "typical_volume": 5167.45,
        "trend": 7405.517432,
        "fair_value": 7273.099112,
        "relative_strength": 1.785703,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 65.1454,
        "energy": 41.19346,
        "activity_lines": [
          7492.138965,
          7433.299911,
          7430.622952,
          7427.327826
        ]
      },
      {
        "date": "2023-12-15",
        "close": 7765.343262,
        "volume": 1827,
        "typical_volume": 5200.75,
        "trend": 7421.418978,
        "fair_value": 7284.19659,
        "relative_strength": 4.226174,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.946008,
        "energy": 76.616894,
        "activity_lines": [
          7592.891406,
          7500.913486,
          7461.125746,
          7450.542396
        ]
      },
      {
        "date": "2023-12-22",
        "close": 7762.345215,
        "volume": 1047,
        "typical_volume": 5159.65,
        "trend": 7438.453223,
        "fair_value": 7295.569414,
        "relative_strength": 2.594039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.211005,
        "energy": 83.015638,
        "activity_lines": [
          7665.69056,
          7558.877166,
          7490.55146,
          7472.537637
        ]
      },
      {
        "date": "2023-12-29",
        "close": 7841.307617,
        "volume": 122,
        "typical_volume": 5074.75,
        "trend": 7456.670394,
        "fair_value": 7307.509237,
        "relative_strength": 3.216238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.361124,
        "energy": 87.808582,
        "activity_lines": [
          7744.786556,
          7625.300408,
          7526.620182,
          7498.528243
        ]
      },
      {
        "date": "2024-01-05",
        "close": 7822.815918,
        "volume": 22,
        "typical_volume": 4849.4,
        "trend": 7473.37168,
        "fair_value": 7317.822497,
        "relative_strength": 3.578209,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.754633,
        "energy": 88.132688,
        "activity_lines": [
          7790.698079,
          7679.138592,
          7559.221452,
          7522.150535
        ]
      },
      {
        "date": "2024-01-12",
        "close": 7770.840332,
        "volume": 2306,
        "typical_volume": 4915.5,
        "trend": 7487.790772,
        "fair_value": 7327.78017,
        "relative_strength": 3.735743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.244237,
        "energy": 84.820728,
        "activity_lines": [
          7797.294792,
          7711.904874,
          7584.44524,
          7541.342061
        ]
      },
      {
        "date": "2024-01-19",
        "close": 7802.326172,
        "volume": 6463,
        "typical_volume": 5177.4,
        "trend": 7505.941162,
        "fair_value": 7338.33349,
        "relative_strength": 6.290498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.073127,
        "energy": 80.066543,
        "activity_lines": [
          7800.560026,
          7743.635414,
          7610.861391,
          7561.634667
        ]
      },
      {
        "date": "2024-01-26",
        "close": 7900.279785,
        "volume": 379,
        "typical_volume": 5126.45,
        "trend": 7522.093067,
        "fair_value": 7350.657746,
        "relative_strength": 5.109863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.498214,
        "energy": 81.129537,
        "activity_lines": [
          7834.010937,
          7785.152211,
          7645.119062,
          7587.075868
        ]
      },
      {
        "date": "2024-02-02",
        "close": 7899.602051,
        "volume": 22899,
        "typical_volume": 6228.3,
        "trend": 7542.636507,
        "fair_value": 7362.093193,
        "relative_strength": 5.302707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.05284,
        "energy": 73.217586,
        "activity_lines": [
          7858.0403,
          7818.576802,
          7677.377383,
          7611.431287
        ]
      },
      {
        "date": "2024-02-09",
        "close": 7904.100098,
        "volume": 1476,
        "typical_volume": 6007.25,
        "trend": 7564.679085,
        "fair_value": 7373.490231,
        "relative_strength": 5.871429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.609885,
        "energy": 69.426205,
        "activity_lines": [
          7879.682715,
          7844.390075,
          7708.656078,
          7634.751518
        ]
      },
      {
        "date": "2024-02-16",
        "close": 8034.052246,
        "volume": 42725,
        "typical_volume": 7996.1,
        "trend": 7580.143034,
        "fair_value": 7385.867591,
        "relative_strength": 5.553841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.769903,
        "energy": 85.848329,
        "activity_lines": [
          7939.223568,
          7886.355948,
          7750.52952,
          7665.033658
        ]
      },
      {
        "date": "2024-02-23",
        "close": 8079.036621,
        "volume": 19068,
        "typical_volume": 8914.65,
        "trend": 7596.140348,
        "fair_value": 7398.622966,
        "relative_strength": 6.084986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.533538,
        "energy": 87.482086,
        "activity_lines": [
          7996.211751,
          7927.944194,
          7794.067776,
          7697.220341
        ]
      },
      {
        "date": "2024-03-01",
        "close": 8129.017578,
        "volume": 1427,
        "typical_volume": 8949.55,
        "trend": 7614.503304,
        "fair_value": 7411.506607,
        "relative_strength": 6.906387,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.70101,
        "energy": 91.149752,
        "activity_lines": [
          8051.412891,
          7972.916371,
          7838.487756,
          7731.599517
        ]
      },
      {
        "date": "2024-03-08",
        "close": 8109.024414,
        "volume": 65573,
        "typical_volume": 11993.4,
        "trend": 7635.371566,
        "fair_value": 7422.51375,
        "relative_strength": 6.767257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.849281,
        "energy": 88.895876,
        "activity_lines": [
          8084.700456,
          8007.586657,
          7877.713051,
          7763.504105
        ]
      },
      {
        "date": "2024-03-15",
        "close": 8147.01123,
        "volume": 2208,
        "typical_volume": 11863.3,
        "trend": 7663.170052,
        "fair_value": 7433.549861,
        "relative_strength": 6.178745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.884733,
        "energy": 90.039029,
        "activity_lines": [
          8116.688802,
          8044.296058,
          7916.865767,
          7796.513115
        ]
      },
      {
        "date": "2024-03-22",
        "close": 8395.919922,
        "volume": 6678,
        "typical_volume": 11694.45,
        "trend": 7696.650065,
        "fair_value": 7445.611569,
        "relative_strength": 6.420683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.575579,
        "energy": 96.081291,
        "activity_lines": [
          8215.452637,
          8120.367125,
          7975.136482,
          7843.787301
        ]
      },
      {
        "date": "2024-03-29",
        "close": 8490.884766,
        "volume": 21810,
        "typical_volume": 12782.45,
        "trend": 7730.013786,
        "fair_value": 7458.205178,
        "relative_strength": 7.117845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.970622,
        "energy": 96.949684,
        "activity_lines": [
          8321.746908,
          8202.339444,
          8037.704306,
          7895.028249
        ]
      },
      {
        "date": "2024-04-05",
        "close": 8362.932617,
        "volume": 9408,
        "typical_volume": 13177.55,
        "trend": 7758.979167,
        "fair_value": 7469.130027,
        "relative_strength": 5.842515,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.807052,
        "energy": 87.130821,
        "activity_lines": [
          8357.933919,
          8248.528489,
          8082.705971,
          7935.861722
        ]
      },
      {
        "date": "2024-04-12",
        "close": 8301.954102,
        "volume": 489,
        "typical_volume": 10405.45,
        "trend": 7782.246989,
        "fair_value": 7479.337384,
        "relative_strength": 3.779315,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.335564,
        "energy": 71.657785,
        "activity_lines": [
          8358.200423,
          8275.218661,
          8117.609935,
          7970.892363
        ]
      },
      {
        "date": "2024-04-19",
        "close": 8239.976563,
        "volume": 20451,
        "typical_volume": 11377.7,
        "trend": 7805.914404,
        "fair_value": 7489.163458,
        "relative_strength": 4.101204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.045252,
        "energy": 65.807397,
        "activity_lines": [
          8324.945769,
          8283.324698,
          8142.487681,
          8000.423303
        ]
      },
      {
        "date": "2024-04-26",
        "close": 8323.446289,
        "volume": 37837,
        "typical_volume": 13210.75,
        "trend": 7833.896761,
        "fair_value": 7499.265215,
        "relative_strength": 1.837953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.659267,
        "energy": 60.99749,
        "activity_lines": [
          8313.316667,
          8300.500204,
          8171.757759,
          8033.812457
        ]
      },
      {
        "date": "2024-05-03",
        "close": 8238.476563,
        "volume": 24806,
        "typical_volume": 14359.7,
        "trend": 7866.359994,
        "fair_value": 7508.194696,
        "relative_strength": -0.251575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.000891,
        "energy": 47.40604,
        "activity_lines": [
          8278.195899,
          8296.964959,
          8189.316399,
          8059.91438
        ]
      },
      {
        "date": "2024-05-10",
        "close": 8462.895508,
        "volume": 427,
        "typical_volume": 14328.7,
        "trend": 7900.523275,
        "fair_value": 7519.007844,
        "relative_strength": -0.345099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.730133,
        "energy": 57.942713,
        "activity_lines": [
          8334.708659,
          8331.334251,
          8225.995257,
          8098.400542
        ]
      },
      {
        "date": "2024-05-17",
        "close": 8434.40625,
        "volume": 1035,
        "typical_volume": 14374.35,
        "trend": 7937.201937,
        "fair_value": 7529.929763,
        "relative_strength": -0.639157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.339123,
        "energy": 61.537387,
        "activity_lines": [
          8375.060807,
          8354.45317,
          8256.624898,
          8132.844605
        ]
      },
      {
        "date": "2024-05-24",
        "close": 8311.950195,
        "volume": 6545,
        "typical_volume": 14700.5,
        "trend": 7974.813037,
        "fair_value": 7539.989856,
        "relative_strength": -0.96453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.600154,
        "energy": 52.647563,
        "activity_lines": [
          8365.764128,
          8349.391318,
          8272.767778,
          8157.021912
        ]
      },
      {
        "date": "2024-05-31",
        "close": 8212.987305,
        "volume": 5672,
        "typical_volume": 14868.8,
        "trend": 8001.94541,
        "fair_value": 7549.082557,
        "relative_strength": -1.707478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.014335,
        "energy": 40.821778,
        "activity_lines": [
          8318.681576,
          8323.337323,
          8277.156411,
          8172.387994
        ]
      },
      {
        "date": "2024-06-07",
        "close": 8306.951172,
        "volume": 7586,
        "typical_volume": 14924.95,
        "trend": 8033.475977,
        "fair_value": 7558.88326,
        "relative_strength": -0.295804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.184532,
        "energy": 28.923195,
        "activity_lines": [
          8310.284245,
          8317.693715,
          8288.388521,
          8192.065785
        ]
      },
      {
        "date": "2024-06-14",
        "close": 8263.966797,
        "volume": 66177,
        "typical_volume": 18214.85,
        "trend": 8060.208675,
        "fair_value": 7568.866317,
        "relative_strength": 0.284067,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.578394,
        "energy": 20.186905,
        "activity_lines": [
          8282.993815,
          8307.579013,
          8293.123905,
          8206.93616
        ]
      },
      {
        "date": "2024-06-21",
        "close": 8400.917969,
        "volume": 18999,
        "typical_volume": 18019.85,
        "trend": 8092.37264,
        "fair_value": 7579.032418,
        "relative_strength": 0.731955,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.674273,
        "energy": 26.201297,
        "activity_lines": [
          8314.61569,
          8324.163903,
          8309.170415,
          8228.917405
        ]
      },
      {
        "date": "2024-06-28",
        "close": 8379.425781,
        "volume": 25426,
        "typical_volume": 19217.35,
        "trend": 8121.92111,
        "fair_value": 7588.397912,
        "relative_strength": 1.299705,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.190835,
        "energy": 35.432779,
        "activity_lines": [
          8341.306055,
          8335.041779,
          8320.782831,
          8247.436962
        ]
      },
      {
        "date": "2024-07-05",
        "close": 8218.985352,
        "volume": 7891,
        "typical_volume": 17475.65,
        "trend": 8143.772656,
        "fair_value": 7596.930273,
        "relative_strength": -1.118533,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.060048,
        "energy": 15.901218,
        "activity_lines": [
          8310.017904,
          8314.213228,
          8314.851751,
          8253.699172
        ]
      },
      {
        "date": "2024-07-12",
        "close": 8352.43457,
        "volume": 5019,
        "typical_volume": 16773.2,
        "trend": 8163.342367,
        "fair_value": 7606.314876,
        "relative_strength": -0.181369,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.473899,
        "energy": 26.385354,
        "activity_lines": [
          8322.812956,
          8319.547461,
          8320.749486,
          8267.161231
        ]
      },
      {
        "date": "2024-07-19",
        "close": 8425.908203,
        "volume": 19839,
        "typical_volume": 17693.8,
        "trend": 8185.461133,
        "fair_value": 7615.907893,
        "relative_strength": 1.80926,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.167227,
        "energy": 33.099288,
        "activity_lines": [
          8357.066992,
          8336.168572,
          8332.342815,
          8284.100962
        ]
      },
      {
        "date": "2024-07-26",
        "close": 8537.867188,
        "volume": 33310,
        "typical_volume": 16080.65,
        "trend": 8208.679785,
        "fair_value": 7626.449147,
        "relative_strength": 1.461164,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 72.207115,
        "energy": 45.242618,
        "activity_lines": [
          8417.844596,
          8373.818359,
          8353.18514,
          8306.836836
        ]
      },
      {
        "date": "2024-08-02",
        "close": 8365.929688,
        "volume": 22480,
        "typical_volume": 17094.25,
        "trend": 8226.783578,
        "fair_value": 7635.836423,
        "relative_strength": 0.726705,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.739206,
        "energy": 43.625866,
        "activity_lines": [
          8412.179753,
          8378.325675,
          8355.610356,
          8316.981991
        ]
      },
      {
        "date": "2024-08-09",
        "close": 8335.202148,
        "volume": 26244,
        "typical_volume": 18072.55,
        "trend": 8245.595638,
        "fair_value": 7644.453504,
        "relative_strength": 0.38855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.323173,
        "energy": 35.43726,
        "activity_lines": [
          8397.172135,
          8376.26472,
          8354.066671,
          8323.976738
        ]
      },
      {
        "date": "2024-08-16",
        "close": 8472.665039,
        "volume": 10093,
        "typical_volume": 17486.7,
        "trend": 8267.940267,
        "fair_value": 7653.72439,
        "relative_strength": 0.261185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.894215,
        "energy": 35.191986,
        "activity_lines": [
          8420.237695,
          8396.974929,
          8365.903823,
          8338.626377
        ]
      },
      {
        "date": "2024-08-23",
        "close": 8433.175781,
        "volume": 1912,
        "typical_volume": 17111.9,
        "trend": 8285.703467,
        "fair_value": 7662.598035,
        "relative_strength": -0.412879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.34758,
        "energy": 27.112209,
        "activity_lines": [
          8422.124805,
          8407.492294,
          8374.066853,
          8349.286732
        ]
      },
      {
        "date": "2024-08-30",
        "close": 8519.652344,
        "volume": 5989,
        "typical_volume": 17386.9,
        "trend": 8306.37181,
        "fair_value": 7672.400691,
        "relative_strength": -0.00364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.809915,
        "energy": 35.57741,
        "activity_lines": [
          8452.35293,
          8430.656143,
          8390.131255,
          8364.380208
        ]
      },
      {
        "date": "2024-09-06",
        "close": 8353.697266,
        "volume": 26559,
        "typical_volume": 17692.3,
        "trend": 8321.358382,
        "fair_value": 7681.834445,
        "relative_strength": 0.350697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.082046,
        "energy": 26.337765,
        "activity_lines": [
          8428.477018,
          8421.487536,
          8389.353753,
          8367.433464
        ]
      },
      {
        "date": "2024-09-13",
        "close": 8517.152344,
        "volume": 19024,
        "typical_volume": 16751.65,
        "trend": 8337.461719,
        "fair_value": 7692.210305,
        "relative_strength": 1.098417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.833502,
        "energy": 31.85814,
        "activity_lines": [
          8459.901628,
          8442.505824,
          8403.601874,
          8380.065332
        ]
      },
      {
        "date": "2024-09-20",
        "close": 8525.649414,
        "volume": 3343,
        "typical_volume": 15678.5,
        "trend": 8352.348812,
        "fair_value": 7702.128255,
        "relative_strength": 1.621856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.040382,
        "energy": 38.407236,
        "activity_lines": [
          8482.028581,
          8459.647816,
          8417.73683,
          8392.206474
        ]
      },
      {
        "date": "2024-09-27",
        "close": 8587.633789,
        "volume": 21324,
        "typical_volume": 16723.35,
        "trend": 8367.636019,
        "fair_value": 7712.920692,
        "relative_strength": 1.151357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.511442,
        "energy": 45.629937,
        "activity_lines": [
          8521.284701,
          8484.910334,
          8436.407571,
          8407.38615
        ]
      },
      {
        "date": "2024-10-04",
        "close": 8702.601563,
        "volume": 17823,
        "typical_volume": 17562.75,
        "trend": 8387.421924,
        "fair_value": 7723.659123,
        "relative_strength": 2.84489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.06973,
        "energy": 69.029034,
        "activity_lines": [
          8588.566211,
          8528.135618,
          8465.433631,
          8428.99683
        ]
      },
      {
        "date": "2024-10-11",
        "close": 8851.560547,
        "volume": 9622,
        "typical_volume": 17716.6,
        "trend": 8410.906901,
        "fair_value": 7735.195507,
        "relative_strength": 4.761433,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.657913,
        "energy": 80.879975,
        "activity_lines": [
          8693.304102,
          8595.449183,
          8507.369141,
          8458.941257
        ]
      },
      {
        "date": "2024-10-18",
        "close": 8949.533203,
        "volume": 22313,
        "typical_volume": 18548.65,
        "trend": 8429.360677,
        "fair_value": 7746.648998,
        "relative_strength": 4.438613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.677558,
        "energy": 90.29608,
        "activity_lines": [
          8797.508659,
          8671.746307,
          8556.065806,
          8493.691341
        ]
      },
      {
        "date": "2024-10-25",
        "close": 8859.558594,
        "volume": 4167,
        "typical_volume": 18377.7,
        "trend": 8441.649805,
        "fair_value": 7757.231117,
        "relative_strength": 4.586854,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.208684,
        "energy": 86.718698,
        "activity_lines": [
          8842.896289,
          8720.514755,
          8592.6861,
          8521.446046
        ]
      },
      {
        "date": "2024-11-01",
        "close": 8794.076172,
        "volume": 3322,
        "typical_volume": 15234.95,
        "trend": 8456.021257,
        "fair_value": 7766.125338,
        "relative_strength": 4.570173,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.21839,
        "energy": 85.089554,
        "activity_lines": [
          8844.195833,
          8750.34288,
          8620.438509,
          8544.183231
        ]
      },
      {
        "date": "2024-11-08",
        "close": 9105.991211,
        "volume": 8050,
        "typical_volume": 14687.5,
        "trend": 8482.822494,
        "fair_value": 7776.666764,
        "relative_strength": 9.423025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.250987,
        "energy": 91.797014,
        "activity_lines": [
          8935.704232,
          8830.321005,
          8675.372782,
          8586.116776
        ]
      },
      {
        "date": "2024-11-15",
        "close": 9186.46875,
        "volume": 3831,
        "typical_volume": 13607.75,
        "trend": 8514.372233,
        "fair_value": 7788.585493,
        "relative_strength": 10.212673,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.657503,
        "energy": 90.471743,
        "activity_lines": [
          9027.145833,
          8914.270703,
          8734.614091,
          8631.513309
        ]
      },
      {
        "date": "2024-11-22",
        "close": 9451.895508,
        "volume": 938,
        "typical_volume": 13260.1,
        "trend": 8551.987207,
        "fair_value": 7802.324172,
        "relative_strength": 10.362686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.263551,
        "energy": 94.570284,
        "activity_lines": [
          9184.735807,
          9031.338512,
          8815.291076,
          8691.998681
        ]
      },
      {
        "date": "2024-11-29",
        "close": 9424.90332,
        "volume": 3873,
        "typical_volume": 13202.8,
        "trend": 8591.534766,
        "fair_value": 7815.758526,
        "relative_strength": 9.424397,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.152316,
        "energy": 93.540386,
        "activity_lines": [
          9299.837565,
          9126.50332,
          8887.526377,
          8748.31585
        ]
      },
      {
        "date": "2024-12-06",
        "close": 9201.463867,
        "volume": 3588,
        "typical_volume": 12390.25,
        "trend": 8616.153711,
        "fair_value": 7826.438007,
        "relative_strength": 6.347234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.871353,
        "energy": 86.472592,
        "activity_lines": [
          9302.769857,
          9164.692702,
          8933.374735,
          8787.666114
        ]
      },
      {
        "date": "2024-12-13",
        "close": 9115.487305,
        "volume": 44865,
        "typical_volume": 12968.0,
        "trend": 8638.856413,
        "fair_value": 7836.460672,
        "relative_strength": 5.316387,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.240219,
        "energy": 67.353738,
        "activity_lines": [
          9249.884115,
          9176.089435,
          8967.341727,
          8819.881185
        ]
      },
      {
        "date": "2024-12-20",
        "close": 8870.554688,
        "volume": 6456,
        "typical_volume": 12166.8,
        "trend": 8657.476563,
        "fair_value": 7845.131019,
        "relative_strength": 5.048898,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.495096,
        "energy": 43.374057,
        "activity_lines": [
          9114.721094,
          9135.445952,
          8975.231232,
          8834.829461
        ]
      },
      {
        "date": "2024-12-27",
        "close": 8909.543945,
        "volume": 5409,
        "typical_volume": 11125.05,
        "trend": 8680.695117,
        "fair_value": 7853.807921,
        "relative_strength": 4.514038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.738677,
        "energy": 28.525469,
        "activity_lines": [
          9013.61543,
          9101.546076,
          8984.431022,
          8851.091873
        ]
      },
      {
        "date": "2025-01-03",
        "close": 8990.022461,
        "volume": 2563,
        "typical_volume": 10748.55,
        "trend": 8703.46416,
        "fair_value": 7862.821377,
        "relative_strength": 4.361137,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.458086,
        "energy": 29.777952,
        "activity_lines": [
          8975.492708,
          9083.005735,
          8998.560473,
          8871.048475
        ]
      },
      {
        "date": "2025-01-10",
        "close": 9039.508789,
        "volume": 41725,
        "typical_volume": 12739.2,
        "trend": 8729.31556,
        "fair_value": 7872.811733,
        "relative_strength": 4.476688,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.800565,
        "energy": 27.019405,
        "activity_lines": [
          8982.857487,
          9071.090838,
          9014.9393,
          8892.728774
        ]
      },
      {
        "date": "2025-01-17",
        "close": 9406.907227,
        "volume": 5494,
        "typical_volume": 12714.45,
        "trend": 8762.848535,
        "fair_value": 7885.906563,
        "relative_strength": 5.324946,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.656016,
        "energy": 39.368584,
        "activity_lines": [
          9123.485417,
          9121.513246,
          9063.421154,
          8936.444365
        ]
      },
      {
        "date": "2025-01-24",
        "close": 9295.938477,
        "volume": 19206,
        "typical_volume": 12346.8,
        "trend": 8793.398958,
        "fair_value": 7899.010583,
        "relative_strength": 4.005139,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.770191,
        "energy": 46.68838,
        "activity_lines": [
          9207.695768,
          9146.288317,
          9097.109533,
          8970.837265
        ]
      },
      {
        "date": "2025-01-31",
        "close": 9411.405273,
        "volume": 9044,
        "typical_volume": 11847.8,
        "trend": 8833.146289,
        "fair_value": 7912.664917,
        "relative_strength": 3.123895,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.835184,
        "energy": 64.372593,
        "activity_lines": [
          9302.036133,
          9190.066992,
          9137.307887,
          9010.70864
        ]
      },
      {
        "date": "2025-02-07",
        "close": 9240.583984,
        "volume": 19631,
        "typical_volume": 12662.2,
        "trend": 8862.75127,
        "fair_value": 7924.955222,
        "relative_strength": 0.910005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.279757,
        "energy": 67.299536,
        "activity_lines": [
          9305.978646,
          9203.523437,
          9156.979199,
          9036.994943
        ]
      },
      {
        "date": "2025-02-14",
        "close": 9159.09668,
        "volume": 31271,
        "typical_volume": 13159.55,
        "trend": 8887.190886,
        "fair_value": 7937.818475,
        "relative_strength": -0.35922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.458053,
        "energy": 51.424262,
        "activity_lines": [
          9266.054622,
          9205.51527,
          9165.485366,
          9056.114002
        ]
      },
      {
        "date": "2025-02-21",
        "close": 9127.101563,
        "volume": 7684,
        "typical_volume": 12652.6,
        "trend": 8906.832031,
        "fair_value": 7949.954602,
        "relative_strength": 0.120581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.684871,
        "energy": 31.590847,
        "activity_lines": [
          9207.493034,
          9202.460121,
          9168.223126,
          9071.59211
        ]
      },
      {
        "date": "2025-02-28",
        "close": 9100.605469,
        "volume": 42627,
        "typical_volume": 14302.85,
        "trend": 8931.321224,
        "fair_value": 7961.360414,
        "relative_strength": -1.828227,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.389682,
        "energy": 17.75925,
        "activity_lines": [
          9158.753125,
          9194.376332,
          9166.41602,
          9084.093622
        ]
      },
      {
        "date": "2025-03-07",
        "close": 8699.166992,
        "volume": 18512,
        "typical_volume": 14112.8,
        "trend": 8943.453386,
        "fair_value": 7969.818197,
        "relative_strength": -4.657045,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -15.016106,
        "energy": 23.051208,
        "activity_lines": [
          8989.222591,
          9109.120987,
          9125.190751,
          9069.11593
        ]
      },
      {
        "date": "2025-03-14",
        "close": 8565.6875,
        "volume": 7504,
        "typical_volume": 14279.65,
        "trend": 8946.554134,
        "fair_value": 7976.702956,
        "relative_strength": -5.495079,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -41.482693,
        "energy": 42.003306,
        "activity_lines": [
          8822.681445,
          9003.42168,
          9072.445368,
          9044.743937
        ]
      },
      {
        "date": "2025-03-21",
        "close": 8679.669922,
        "volume": 16819,
        "typical_volume": 14954.5,
        "trend": 8954.770606,
        "fair_value": 7983.597775,
        "relative_strength": -4.301994,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.702073,
        "energy": 61.105789,
        "activity_lines": [
          8739.127539,
          8926.16163,
          9031.954841,
          9027.525601
        ]
      },
      {
        "date": "2025-03-28",
        "close": 8635.677734,
        "volume": 27062,
        "typical_volume": 15905.1,
        "trend": 8958.638119,
        "fair_value": 7990.101707,
        "relative_strength": -4.797266,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.094727,
        "energy": 68.683549,
        "activity_lines": [
          8672.871354,
          8847.445526,
          8987.819373,
          9006.938964
        ]
      },
      {
        "date": "2025-04-04",
        "close": 8100.759277,
        "volume": 27449,
        "typical_volume": 17086.0,
        "trend": 8950.206852,
        "fair_value": 7992.308757,
        "relative_strength": -3.90826,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -63.897396,
        "energy": 81.461767,
        "activity_lines": [
          8461.070605,
          8685.493874,
          8894.978878,
          8951.591942
        ]
      },
      {
        "date": "2025-04-11",
        "close": 7931.784668,
        "volume": 18327,
        "typical_volume": 17955.45,
        "trend": 8930.694596,
        "fair_value": 7993.900219,
        "relative_strength": -4.765788,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -89.978917,
        "energy": 92.796155,
        "activity_lines": [
          8259.6014,
          8514.550098,
          8791.215609,
          8885.887285
        ]
      },
      {
        "date": "2025-04-18",
        "close": 7988.275879,
        "volume": 29399,
        "typical_volume": 19231.75,
        "trend": 8912.782145,
        "fair_value": 7995.610402,
        "relative_strength": -7.564586,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.532814,
        "energy": 91.653141,
        "activity_lines": [
          8128.121419,
          8380.779643,
          8700.071077,
          8825.086077
        ]
      },
      {
        "date": "2025-04-25",
        "close": 8047.26709,
        "volume": 13556,
        "typical_volume": 19730.15,
        "trend": 8894.769922,
        "fair_value": 7997.852464,
        "relative_strength": -8.314755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.696635,
        "energy": 87.406659,
        "activity_lines": [
          8054.799284,
          8280.504102,
          8621.38584,
          8769.246396
        ]
      },
      {
        "date": "2025-05-02",
        "close": 8233.739258,
        "volume": 7555,
        "typical_volume": 17864.65,
        "trend": 8879.141178,
        "fair_value": 8001.040058,
        "relative_strength": -8.089861,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.774695,
        "energy": 72.804079,
        "activity_lines": [
          8085.794727,
          8234.347674,
          8565.956031,
          8726.599257
        ]
      },
      {
        "date": "2025-05-09",
        "close": 8267.733398,
        "volume": 7975,
        "typical_volume": 17940.6,
        "trend": 8859.680273,
        "fair_value": 8004.746607,
        "relative_strength": -7.198234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.994582,
        "energy": 54.994307,
        "activity_lines": [
          8154.917448,
          8210.61495,
          8517.96256,
          8687.153593
        ]
      },
      {
        "date": "2025-05-16",
        "close": 8483.700195,
        "volume": 29783,
        "typical_volume": 19159.3,
        "trend": 8844.152507,
        "fair_value": 8012.293977,
        "relative_strength": -6.154351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.983119,
        "energy": 36.467167,
        "activity_lines": [
          8284.897493,
          8241.292045,
          8493.407933,
          8662.896814
        ]
      },
      {
        "date": "2025-05-23",
        "close": 8152.250977,
        "volume": 6305,
        "typical_volume": 19346.4,
        "trend": 8820.575586,
        "fair_value": 8015.378753,
        "relative_strength": -10.059596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.659962,
        "energy": 33.226408,
        "activity_lines": [
          8267.600098,
          8215.623224,
          8439.314541,
          8618.258006
        ]
      },
      {
        "date": "2025-05-30",
        "close": 8270.233398,
        "volume": 896,
        "typical_volume": 17304.95,
        "trend": 8803.11416,
        "fair_value": 8019.431193,
        "relative_strength": -9.240328,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.736111,
        "energy": 27.789255,
        "activity_lines": [
          8278.698502,
          8218.92278,
          8400.446959,
          8582.752058
        ]
      },
      {
        "date": "2025-06-06",
        "close": 8370.717773,
        "volume": 13424,
        "typical_volume": 17701.45,
        "trend": 8778.605046,
        "fair_value": 8025.28392,
        "relative_strength": -8.716453,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.771299,
        "energy": 24.849165,
        "activity_lines": [
          8308.427278,
          8247.936523,
          8374.812532,
          8554.855517
        ]
      },
      {
        "date": "2025-06-13",
        "close": 8397.213867,
        "volume": 1780,
        "typical_volume": 16830.15,
        "trend": 8752.296549,
        "fair_value": 8034.028737,
        "relative_strength": -8.447595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.140562,
        "energy": 25.646953,
        "activity_lines": [
          8337.856185,
          8286.585192,
          8356.635779,
          8530.249635
        ]
      },
      {
        "date": "2025-06-20",
        "close": 8425.708984,
        "volume": 630,
        "typical_volume": 16409.45,
        "trend": 8718.090332,
        "fair_value": 8041.130719,
        "relative_strength": -7.239756,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.369771,
        "energy": 17.852509,
        "activity_lines": [
          8368.151432,
          8325.024707,
          8345.452488,
          8509.179469
        ]
      },
      {
        "date": "2025-06-27",
        "close": 8466.702148,
        "volume": 2077,
        "typical_volume": 15531.75,
        "trend": 8686.150293,
        "fair_value": 8048.252072,
        "relative_strength": -6.933946,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.48738,
        "energy": 15.541991,
        "activity_lines": [
          8415.977148,
          8361.937082,
          8342.867099,
          8492.960876
        ]
      },
      {
        "date": "2025-07-04",
        "close": 8627.677734,
        "volume": 6098,
        "typical_volume": 14273.1,
        "trend": 8667.024089,
        "fair_value": 8055.575834,
        "relative_strength": -5.380296,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.652733,
        "energy": 14.63512,
        "activity_lines": [
          8496.497981,
          8419.419087,
          8359.29787,
          8489.188453
        ]
      },
      {
        "date": "2025-07-11",
        "close": 8694.667969,
        "volume": 22356,
        "typical_volume": 15006.7,
        "trend": 8652.996777,
        "fair_value": 8063.271372,
        "relative_strength": -5.836751,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 12.315474,
        "energy": 30.749169,
        "activity_lines": [
          8575.519271,
          8478.528214,
          8384.63923,
          8490.971929
        ]
      },
      {
        "date": "2025-07-18",
        "close": 8717.665039,
        "volume": 7784,
        "typical_volume": 13264.55,
        "trend": 8647.900456,
        "fair_value": 8070.697986,
        "relative_strength": -6.011764,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 13.694789,
        "energy": 48.38656,
        "activity_lines": [
          8640.60957,
          8533.438104,
          8414.229994,
          8495.144075
        ]
      },
      {
        "date": "2025-07-25",
        "close": 8810.150391,
        "volume": 6753,
        "typical_volume": 12676.6,
        "trend": 8644.587337,
        "fair_value": 8078.147386,
        "relative_strength": -6.237169,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 39.416552,
        "energy": 66.387406,
        "activity_lines": [
          8715.164909,
          8596.982937,
          8454.452413,
          8505.611813
        ]
      },
      {
        "date": "2025-08-01",
        "close": 8655.411133,
        "volume": 27684,
        "typical_volume": 13685.6,
        "trend": 8633.433626,
        "fair_value": 8084.84345,
        "relative_strength": -7.239446,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 26.257386,
        "energy": 57.683974,
        "activity_lines": [
          8712.511068,
          8626.457901,
          8479.409268,
          8506.310123
        ]
      },
      {
        "date": "2025-08-08",
        "close": 8643.912109,
        "volume": 6091,
        "typical_volume": 13149.2,
        "trend": 8620.24707,
        "fair_value": 8090.117366,
        "relative_strength": -7.517477,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.535731,
        "energy": 39.225683,
        "activity_lines": [
          8693.44362,
          8644.693768,
          8502.843722,
          8506.986154
        ]
      },
      {
        "date": "2025-08-15",
        "close": 8698.408203,
        "volume": 8482,
        "typical_volume": 12220.2,
        "trend": 8596.630436,
        "fair_value": 8094.280064,
        "relative_strength": -7.257007,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.462609,
        "energy": 34.449966,
        "activity_lines": [
          8691.459245,
          8666.043856,
          8531.638556,
          8512.028807
        ]
      },
      {
        "date": "2025-08-22",
        "close": 8853.897461,
        "volume": 18635,
        "typical_volume": 11779.5,
        "trend": 8581.895736,
        "fair_value": 8100.313896,
        "relative_strength": -7.338353,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.603567,
        "energy": 42.88134,
        "activity_lines": [
          8741.055273,
          8709.706712,
          8574.943173,
          8528.62668
        ]
      },
      {
        "date": "2025-08-29",
        "close": 8817.400391,
        "volume": 5752,
        "typical_volume": 11150.75,
        "trend": 8562.095573,
        "fair_value": 8106.149007,
        "relative_strength": -6.272552,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 42.824563,
        "energy": 55.839967,
        "activity_lines": [
          8769.403451,
          8738.430398,
          8611.185507,
          8543.820529
        ]
      },
      {
        "date": "2025-09-05",
        "close": 8780.902344,
        "volume": 10771,
        "typical_volume": 10219.35,
        "trend": 8546.772852,
        "fair_value": 8111.285726,
        "relative_strength": -6.754256,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.598853,
        "energy": 72.097735,
        "activity_lines": [
          8785.102279,
          8753.396413,
          8639.734619,
          8557.937095
        ]
      },
      {
        "date": "2025-09-12",
        "close": 8874.396484,
        "volume": 10106,
        "typical_volume": 10046.85,
        "trend": 8537.282845,
        "fair_value": 8118.341384,
        "relative_strength": -6.394337,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.362875,
        "energy": 78.554942,
        "activity_lines": [
          8823.59974,
          8779.648633,
          8673.413523,
          8579.074103
        ]
      },
      {
        "date": "2025-09-19",
        "close": 8952.890625,
        "volume": 7019,
        "typical_volume": 10020.05,
        "trend": 8531.475814,
        "fair_value": 8125.93544,
        "relative_strength": -4.768271,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.07551,
        "energy": 75.903097,
        "activity_lines": [
          8872.896289,
          8815.686719,
          8710.629348,
          8605.887508
        ]
      },
      {
        "date": "2025-09-26",
        "close": 9009.387695,
        "volume": 27927,
        "typical_volume": 11017.65,
        "trend": 8528.435221,
        "fair_value": 8135.288145,
        "relative_strength": -4.759355,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.937142,
        "energy": 79.588109,
        "activity_lines": [
          8924.0597,
          8857.302042,
          8749.801316,
          8636.720533
        ]
      },
      {
        "date": "2025-10-03",
        "close": 9071.882813,
        "volume": 55388,
        "typical_volume": 12297.9,
        "trend": 8540.859082,
        "fair_value": 8144.512971,
        "relative_strength": -6.016406,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.959925,
        "energy": 87.465115,
        "activity_lines": [
          8985.688802,
          8904.976065,
          8791.393513,
          8671.781668
        ]
      },
      {
        "date": "2025-10-10",
        "close": 8986.888672,
        "volume": 13801,
        "typical_volume": 12672.7,
        "trend": 8554.899121,
        "fair_value": 8153.490838,
        "relative_strength": -6.055166,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.321944,
        "energy": 79.474649,
        "activity_lines": [
          9002.021029,
          8932.437837,
          8822.09016,
          8700.55777
        ]
      },
      {
        "date": "2025-10-17",
        "close": 8976.389648,
        "volume": 17904,
        "typical_volume": 13523.1,
        "trend": 8564.789779,
        "fair_value": 8161.719179,
        "relative_strength": -5.234005,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.989346,
        "energy": 60.990363,
        "activity_lines": [
          9001.121159,
          8951.963832,
          8847.812435,
          8727.750708
        ]
      },
      {
        "date": "2025-10-24",
        "close": 12244.157227,
        "volume": 4653,
        "typical_volume": 13084.55,
        "trend": 8685.072428,
        "fair_value": 8189.594345,
        "relative_strength": 24.901402,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 96.807773,
        "energy": 97.449345,
        "activity_lines": [
          10082.677604,
          9559.58434,
          9181.388021,
          8965.129253
        ]
      },
      {
        "date": "2025-10-31",
        "close": 9140.37793,
        "volume": 4736,
        "typical_volume": 13232.35,
        "trend": 8719.726383,
        "fair_value": 8196.846426,
        "relative_strength": -7.211228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.25194,
        "energy": 56.192251,
        "activity_lines": [
          9910.223177,
          9538.413175,
          9200.920629,
          8994.503801
        ]
      },
      {
        "date": "2025-11-07",
        "close": 9032.385742,
        "volume": 20917,
        "typical_volume": 14246.7,
        "trend": 8756.413086,
        "fair_value": 8203.489524,
        "relative_strength": -7.636901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.811645,
        "energy": 49.810519,
        "activity_lines": [
          9693.038672,
          9492.398331,
          9206.62939,
          9014.675373
        ]
      },
      {
        "date": "2025-11-14",
        "close": 9155.376953,
        "volume": 37527,
        "typical_volume": 16019.2,
        "trend": 8795.316455,
        "fair_value": 8211.331002,
        "relative_strength": -6.182978,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.802862,
        "energy": 43.629044,
        "activity_lines": [
          9519.484375,
          9464.836701,
          9221.162663,
          9040.414977
        ]
      },
      {
        "date": "2025-11-21",
        "close": 9033.885742,
        "volume": 37071,
        "typical_volume": 17567.85,
        "trend": 8828.203743,
        "fair_value": 8217.999728,
        "relative_strength": -5.53219,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.472049,
        "energy": 24.397727,
        "activity_lines": [
          9294.200456,
          9408.377131,
          9220.84594,
          9055.806544
        ]
      },
      {
        "date": "2025-11-28",
        "close": 9237.37207,
        "volume": 16816,
        "typical_volume": 17290.85,
        "trend": 8861.658171,
        "fair_value": 8226.54618,
        "relative_strength": -4.85973,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.356638,
        "energy": 22.672853,
        "activity_lines": [
          9132.912239,
          9386.01527,
          9237.974544,
          9082.204501
        ]
      },
      {
        "date": "2025-12-05",
        "close": 9240.871094,
        "volume": 8502,
        "typical_volume": 17326.75,
        "trend": 8894.096094,
        "fair_value": 8236.159227,
        "relative_strength": -4.01691,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.202353,
        "energy": 18.640121,
        "activity_lines": [
          9173.242708,
          9359.117205,
          9252.852083,
          9106.66985
        ]
      },
      {
        "date": "2025-12-12",
        "close": 9238.87207,
        "volume": 6344,
        "typical_volume": 17306.3,
        "trend": 8919.26849,
        "fair_value": 8246.624255,
        "relative_strength": -3.596714,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.845479,
        "energy": 15.793321,
        "activity_lines": [
          9206.207292,
          9327.646893,
          9265.047782,
          9128.913462
        ]
      },
      {
        "date": "2025-12-19",
        "close": 9214.373047,
        "volume": 17011,
        "typical_volume": 16772.65,
        "trend": 8954.672559,
        "fair_value": 8256.256413,
        "relative_strength": -5.962761,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.616408,
        "energy": 12.010524,
        "activity_lines": [
          9217.239779,
          9288.686044,
          9272.868708,
          9147.952466
        ]
      },
      {
        "date": "2025-12-26",
        "close": 9171.875977,
        "volume": 1009,
        "typical_volume": 16518.55,
        "trend": 8984.727311,
        "fair_value": 8265.267034,
        "relative_strength": -5.843281,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.114942,
        "energy": 8.173267,
        "activity_lines": [
          9210.173503,
          9237.862376,
          9273.980571,
          9161.965589
        ]
      },
      {
        "date": "2026-01-02",
        "close": 9158.376953,
        "volume": 6129,
        "typical_volume": 16400.9,
        "trend": 9010.982617,
        "fair_value": 8273.239846,
        "relative_strength": -6.426372,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.506989,
        "energy": 10.620161,
        "activity_lines": [
          9189.408203,
          9181.030043,
          9271.292699,
          9173.168792
        ]
      },
      {
        "date": "2026-01-09",
        "close": 9452.357422,
        "volume": 2793,
        "typical_volume": 15608.8,
        "trend": 9046.154069,
        "fair_value": 8283.2637,
        "relative_strength": -4.775517,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.661764,
        "energy": 14.00267,
        "activity_lines": [
          9271.902734,
          9233.7538,
          9294.41264,
          9201.644586
        ]
      },
      {
        "date": "2026-01-16",
        "close": 9519.352539,
        "volume": 14039,
        "typical_volume": 16023.15,
        "trend": 9082.608854,
        "fair_value": 8295.571521,
        "relative_strength": -4.809245,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.648572,
        "energy": 18.537805,
        "activity_lines": [
          9362.629883,
          9292.986133,
          9321.063258,
          9232.173519
        ]
      },
      {
        "date": "2026-01-23",
        "close": 9373.862305,
        "volume": 34478,
        "typical_volume": 17208.5,
        "trend": 9112.847526,
        "fair_value": 8305.937782,
        "relative_strength": -5.098811,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 34.886191,
        "energy": 30.105852,
        "activity_lines": [
          9386.161589,
          9316.911754,
          9330.515034,
          9250.964065
        ]
      },
      {
        "date": "2026-01-30",
        "close": 9345.364258,
        "volume": 3366,
        "typical_volume": 16871.5,
        "trend": 9136.77041,
        "fair_value": 8314.991881,
        "relative_strength": -5.810699,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 43.584284,
        "energy": 57.933473,
        "activity_lines": [
          9389.561328,
          9331.683452,
          9334.429092,
          9265.965144
        ]
      },
      {
        "date": "2026-02-06",
        "close": 9574.848633,
        "volume": 2066,
        "typical_volume": 16623.85,
        "trend": 9166.109766,
        "fair_value": 8325.782906,
        "relative_strength": -4.596997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.328152,
        "energy": 70.350219,
        "activity_lines": [
          9457.889974,
          9382.516335,
          9357.956101,
          9294.228255
        ]
      },
      {
        "date": "2026-02-13",
        "close": 9503.0,
        "volume": 6584,
        "typical_volume": 15556.7,
        "trend": 9192.287598,
        "fair_value": 8336.164613,
        "relative_strength": -5.746584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.266356,
        "energy": 64.269034,
        "activity_lines": [
          9474.504297,
          9414.149894,
          9371.678678,
          9315.963109
        ]
      },
      {
        "date": "2026-02-20",
        "close": 9575.5,
        "volume": 3000,
        "typical_volume": 12937.3,
        "trend": 9217.799251,
        "fair_value": 8347.879157,
        "relative_strength": -6.871591,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.255401,
        "energy": 68.808844,
        "activity_lines": [
          9511.909115,
          9454.19929,
          9389.955483,
          9340.68649
        ]
      },
      {
        "date": "2026-02-27",
        "close": 9619.0,
        "volume": 6047,
        "typical_volume": 12549.6,
        "trend": 9249.91888,
        "fair_value": 8359.68996,
        "relative_strength": -8.088459,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.759703,
        "energy": 72.477613,
        "activity_lines": [
          9560.070768,
          9496.037269,
          9409.976967,
          9366.570409
        ]
      },
      {
        "date": "2026-03-06",
        "close": 9564.5,
        "volume": 6189,
        "typical_volume": 11963.85,
        "trend": 9280.605143,
        "fair_value": 8373.054155,
        "relative_strength": -2.907708,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.320078,
        "energy": 59.893496,
        "activity_lines": [
          9573.723242,
          9520.609304,
          9421.797921,
          9386.865965
        ]
      },
      {
        "date": "2026-03-13",
        "close": 9391.0,
        "volume": 8140,
        "typical_volume": 12138.2,
        "trend": 9303.691537,
        "fair_value": 8387.077587,
        "relative_strength": -4.301593,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.780674,
        "energy": 37.185426,
        "activity_lines": [
          9514.933333,
          9506.497266,
          9414.294541,
          9393.988214
        ]
      },
      {
        "date": "2026-03-20",
        "close": 9223.0,
        "volume": 19916,
        "typical_volume": 12897.2,
        "trend": 9315.994954,
        "fair_value": 8400.421296,
        "relative_strength": -2.619522,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 11.63695,
        "energy": 9.254898,
        "activity_lines": [
          9412.4,
          9457.610263,
          9404.377623,
          9388.782309
        ]
      },
      {
        "date": "2026-03-27",
        "close": 9141.0,
        "volume": 8313,
        "typical_volume": 12267.0,
        "trend": 9326.781608,
        "fair_value": 8411.813905,
        "relative_strength": -3.805334,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.094734,
        "energy": 26.264635,
        "activity_lines": [
          9301.2,
          9397.984304,
          9386.257743,
          9377.492311
        ]
      },
      {
        "date": "2026-04-03",
        "close": 9354.0,
        "volume": 4427,
        "typical_volume": 10612.0,
        "trend": 9345.884863,
        "fair_value": 8424.498225,
        "relative_strength": -5.77865,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.667713,
        "energy": 25.654148,
        "activity_lines": [
          9289.966667,
          9383.964755,
          9387.906366,
          9379.248337
        ]
      },
      {
        "date": "2026-04-10",
        "close": 9474.0,
        "volume": 10018,
        "typical_volume": 9259.35,
        "trend": 9365.871647,
        "fair_value": 8437.43925,
        "relative_strength": -5.853597,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.775667,
        "energy": 15.949653,
        "activity_lines": [
          9336.4,
          9392.124521,
          9400.037737,
          9387.513829
        ]
      },
      {
        "date": "2026-04-17",
        "close": 9610.0,
        "volume": 7808,
        "typical_volume": 8808.95,
        "trend": 9387.775293,
        "fair_value": 8451.271287,
        "relative_strength": -4.978819,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.357297,
        "energy": 18.933729,
        "activity_lines": [
          9434.2,
          9422.672727,
          9423.025707,
          9403.264046
        ]
      },
      {
        "date": "2026-04-24",
        "close": 9633.5,
        "volume": 10831,
        "typical_volume": 8925.4,
        "trend": 9408.579037,
        "fair_value": 8465.744072,
        "relative_strength": -2.042926,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.229927,
        "energy": 45.552637,
        "activity_lines": [
          9525.233333,
          9456.854545,
          9446.477353,
          9419.117253
        ]
      },
      {
        "date": "2026-05-01",
        "close": 9714.0,
        "volume": 9121,
        "typical_volume": 9064.25,
        "trend": 9429.982943,
        "fair_value": 8481.796368,
        "relative_strength": -1.038296,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.806648,
        "energy": 68.370238,
        "activity_lines": [
          9615.733333,
          9503.3,
          9475.726004,
          9438.821831
        ]
      },
      {
        "date": "2026-05-08",
        "close": 9758.5,
        "volume": 5327,
        "typical_volume": 8480.05,
        "trend": 9455.70332,
        "fair_value": 8497.970556,
        "relative_strength": 0.712006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.355875,
        "energy": 78.47572,
        "activity_lines": [
          9682.866667,
          9555.318182,
          9506.950237,
          9460.01648
        ]
      },
      {
        "date": "2026-05-15",
        "close": 9978.0,
        "volume": 102256,
        "typical_volume": 13542.4,
        "trend": 9489.090332,
        "fair_value": 8515.212243,
        "relative_strength": 3.35432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.275966,
        "energy": 88.845336,
        "activity_lines": [
          9796.2,
          9644.709091,
          9556.488151,
          9493.71304
        ]
      },
      {
        "date": "2026-05-22",
        "close": 10027.5,
        "volume": 21865,
        "typical_volume": 14329.2,
        "trend": 9415.201758,
        "fair_value": 8533.008282,
        "relative_strength": 1.131484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.289486,
        "energy": 91.594968,
        "activity_lines": [
          9892.433333,
          9735.581818,
          9606.901665,
          9528.449147
        ]
      },
      {
        "date": "2026-05-29",
        "close": 10061.0,
        "volume": 3260,
        "typical_volume": 14352.55,
        "trend": 9445.88916,
        "fair_value": 8550.740382,
        "relative_strength": 1.975745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.617358,
        "energy": 91.52707,
        "activity_lines": [
          9972.0,
          9820.972727,
          9656.366974,
          9570.11355
        ]
      },
      {
        "date": "2026-06-05",
        "close": 10126.0,
        "volume": 31701,
        "typical_volume": 15235.65,
        "trend": 9482.342969,
        "fair_value": 8568.716168,
        "relative_strength": 2.980751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.327824,
        "energy": 91.814204,
        "activity_lines": [
          10044.733333,
          9902.945455,
          9709.124461,
          9613.991669
        ]
      },
      {
        "date": "2026-06-12",
        "close": 10107.0,
        "volume": 40900,
        "typical_volume": 15556.75,
        "trend": 9514.063737,
        "fair_value": 8586.464453,
        "relative_strength": 1.736775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.917324,
        "energy": 88.793618,
        "activity_lines": [
          10083.666667,
          9963.554545,
          9757.183626,
          9654.292122
        ]
      },
      {
        "date": "2026-06-19",
        "close": 10151.5,
        "volume": 332,
        "typical_volume": 15405.05,
        "trend": 9551.317546,
        "fair_value": 8605.013719,
        "relative_strength": 3.213112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.521156,
        "energy": 88.944687,
        "activity_lines": [
          10114.2,
          10018.563636,
          9805.989755,
          9695.417043
        ]
      },
      {
        "date": "2026-06-26",
        "close": 10283.0,
        "volume": 5263,
        "typical_volume": 15564.9,
        "trend": 9586.17181,
        "fair_value": 8623.393702,
        "relative_strength": 3.076272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.009337,
        "energy": 92.948963,
        "activity_lines": [
          10177.0,
          10085.163636,
          9863.480952,
          9742.622362
        ]
      },
      {
        "date": "2026-07-03",
        "close": 10236.5,
        "volume": 18537,
        "typical_volume": 16162.55,
        "trend": 9619.35944,
        "fair_value": 8642.324479,
        "relative_strength": 1.006596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.08309,
        "energy": 89.244495,
        "activity_lines": [
          10207.266667,
          10131.072727,
          9913.171429,
          9784.57902
        ]
      },
      {
        "date": "2026-07-10",
        "close": 10225.0,
        "volume": 11254,
        "typical_volume": 16575.25,
        "trend": 9652.230371,
        "fair_value": 8661.440999,
        "relative_strength": 2.636132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.867106,
        "energy": 84.164933,
        "activity_lines": [
          10222.0,
          10163.927273,
          9958.27381,
          9823.652604
        ]
      },
      {
        "date": "2026-07-17",
        "close": 10207.5,
        "volume": 130353,
        "typical_volume": 22790.55,
        "trend": 9685.334603,
        "fair_value": 8678.347193,
        "relative_strength": 1.477388,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.58247,
        "energy": 69.363718,
        "activity_lines": [
          10224.3,
          10184.309091,
          9998.616667,
          9859.476451
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10329.0,
        "volume": 57485,
        "typical_volume": 25355.35,
        "trend": 9723.905404,
        "fair_value": 8695.846442,
        "relative_strength": 1.39449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.053489,
        "energy": 69.295511,
        "activity_lines": [
          10260.4,
          10218.618182,
          10047.728571,
          9901.003251
        ]
      },
      {
        "date": "2026-07-31",
        "close": 10287.0,
        "volume": 47111,
        "typical_volume": 27303.9,
        "trend": 9761.526172,
        "fair_value": 8713.211,
        "relative_strength": -0.227375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.001541,
        "energy": 64.340445,
        "activity_lines": [
          10270.666667,
          10238.909091,
          10089.2,
          9937.331935
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10570.5,
        "volume": 19129,
        "typical_volume": 27264.55,
        "trend": 9798.797591,
        "fair_value": 8733.002817,
        "relative_strength": 2.171845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.379412,
        "energy": 73.376295,
        "activity_lines": [
          10375.166667,
          10306.027273,
          10153.404762,
          9989.523795
        ]
      }
    ],
    "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."
    }
  }
}