{
  "ticker": {
    "uuid": "98877168-f891-4c11-9c09-f44f9ad55802",
    "symbol": "VENKEYS",
    "name": "Venky's (India) Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 88.38,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 65.986,
    "architecture_energy": 56.849,
    "architecture_maturity": 24.832,
    "architecture_confidence": 81.138,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The prior uptrend is attempting to re-accelerate.",
        "body": "Positive Trend survived a recompression and Fast Activity is strengthening again. Promotion requires renewed confirmation across the completed evidence set."
      },
      "scores": {
        "balance": 40.43,
        "rotation_up": 64.97,
        "upward_expansion": 84.7,
        "deceleration": 46.03,
        "rotation_down": 11.25,
        "downward_expansion": 11.36
      },
      "activity_lines": [
        1520.433325,
        1485.48726,
        1483.136652,
        1462.194824
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 1573.400024,
    "trend_reference": 1449.609989,
    "distance_from_trend": 0.085395,
    "trend_direction": "Improving",
    "fair_value": 1695.812089,
    "distance_from_fair_value": -0.072185,
    "fair_value_direction": "Weakening",
    "relative_strength": 9.177886,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.016871,
    "excess_performance": 0.026838,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.085395,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.009035,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.072185,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.020656,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.091779,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.049615,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.016871,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.34157,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 269309,
      "relative_activity": 0.958074,
      "balance": 0.34157,
      "dry_up": 0.826564,
      "accumulation_observations": 0,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.059699,
      "annualized_volatility": 0.417098,
      "from_high_reference": -0.125889,
      "from_low_reference": 0.350558
    },
    "levels": {
      "trend_reference": 1449.609989,
      "fair_value_reference": 1695.812089,
      "structural_low": 1165.0,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.017204,
        "positive_rate": 0.615385,
        "directional_follow_through": 0.615385,
        "median_excess_return": 0.006645,
        "regime_survival": 0.384615,
        "best_return": 0.336467,
        "worst_return": -0.096085,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.012602,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.051967,
        "regime_survival": 0.0,
        "best_return": 0.252895,
        "worst_return": -0.098312,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.04971,
        "positive_rate": 0.2,
        "directional_follow_through": 0.2,
        "median_excess_return": -0.141605,
        "regime_survival": 0.2,
        "best_return": 0.170087,
        "worst_return": -0.211865,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.072912,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.148624,
        "regime_survival": 0.333333,
        "best_return": 0.000331,
        "worst_return": -0.27652,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-02-16",
        "end": "2024-05-10",
        "tenure": "Established",
        "return": 0.013276,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-17",
        "end": "2024-06-21",
        "tenure": "Developing",
        "return": 0.111856,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-06-28",
        "end": "2024-07-19",
        "tenure": "New",
        "return": -0.064417,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-26",
        "end": "2024-08-02",
        "tenure": "New",
        "return": 0.002951,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-09",
        "end": "2024-09-27",
        "tenure": "Developing",
        "return": -0.148602,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-04",
        "end": "2024-10-25",
        "tenure": "New",
        "return": -0.132729,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-01",
        "end": "2024-11-29",
        "tenure": "Developing",
        "return": -0.048741,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-06",
        "end": "2026-01-02",
        "tenure": "Extended",
        "return": -0.119028,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-09",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": -0.061913,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-20",
        "end": "2026-03-06",
        "tenure": "New",
        "return": -0.067218,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-13",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.248521,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.030648,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.134326,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.129343,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1831.929565,
        "volume": 151680,
        "typical_volume": 391066.3,
        "trend": 1679.21617,
        "fair_value": 2009.902488,
        "relative_strength": -4.014604,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.451884,
        "energy": 70.723289,
        "activity_lines": [
          1937.89812,
          1874.104077,
          1777.629839,
          1720.72044
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1878.909668,
        "volume": 184247,
        "typical_volume": 394527.55,
        "trend": 1682.593274,
        "fair_value": 2012.538821,
        "relative_strength": -0.943599,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.881128,
        "energy": 46.501134,
        "activity_lines": [
          1912.427482,
          1885.514422,
          1794.691624,
          1733.603891
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1952.439575,
        "volume": 271650,
        "typical_volume": 403498.15,
        "trend": 1689.215893,
        "fair_value": 2015.544204,
        "relative_strength": 2.382242,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.447561,
        "energy": 34.570314,
        "activity_lines": [
          1911.855029,
          1906.870821,
          1817.009777,
          1751.01333
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1995.897827,
        "volume": 379266,
        "typical_volume": 417801.85,
        "trend": 1695.71947,
        "fair_value": 2019.435052,
        "relative_strength": 2.987704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.536375,
        "energy": 36.406578,
        "activity_lines": [
          1928.420345,
          1931.050271,
          1841.473351,
          1770.799261
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1993.620972,
        "volume": 282426,
        "typical_volume": 427136.55,
        "trend": 1705.122892,
        "fair_value": 2023.17804,
        "relative_strength": 1.401435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.45297,
        "energy": 42.241462,
        "activity_lines": [
          1959.917586,
          1948.971376,
          1863.385261,
          1790.018713
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1952.984375,
        "volume": 73080,
        "typical_volume": 421335.75,
        "trend": 1715.90898,
        "fair_value": 2027.011216,
        "relative_strength": 2.340641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.491423,
        "energy": 41.320523,
        "activity_lines": [
          1967.392537,
          1953.611308,
          1879.288685,
          1806.009777
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1934.967773,
        "volume": 91561,
        "typical_volume": 414447.05,
        "trend": 1726.522209,
        "fair_value": 2030.302831,
        "relative_strength": 1.884232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.626004,
        "energy": 37.793448,
        "activity_lines": [
          1960.791634,
          1949.960715,
          1891.914223,
          1820.142602
        ]
      },
      {
        "date": "2023-10-06",
        "close": 2030.347412,
        "volume": 151613,
        "typical_volume": 417153.3,
        "trend": 1740.57301,
        "fair_value": 2034.176135,
        "relative_strength": 7.132354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.398518,
        "energy": 39.68743,
        "activity_lines": [
          1982.246737,
          1962.738514,
          1911.897277,
          1839.744228
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2094.445557,
        "volume": 349979,
        "typical_volume": 430629.8,
        "trend": 1759.537117,
        "fair_value": 2038.546665,
        "relative_strength": 10.084051,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.009314,
        "energy": 41.746255,
        "activity_lines": [
          2019.874032,
          1986.477202,
          1935.837365,
          1862.574715
        ]
      },
      {
        "date": "2023-10-20",
        "close": 2018.715698,
        "volume": 152436,
        "typical_volume": 422188.65,
        "trend": 1775.554142,
        "fair_value": 2042.142383,
        "relative_strength": 7.372025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.77839,
        "energy": 38.702847,
        "activity_lines": [
          2025.688192,
          1998.934377,
          1950.154136,
          1879.295914
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1935.710205,
        "volume": 105173,
        "typical_volume": 419557.05,
        "trend": 1792.775252,
        "fair_value": 2045.345533,
        "relative_strength": 5.786443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.099977,
        "energy": 34.062148,
        "activity_lines": [
          2002.160872,
          1992.986079,
          1955.096901,
          1889.628563
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1989.908813,
        "volume": 96146,
        "typical_volume": 417787.4,
        "trend": 1808.700586,
        "fair_value": 2048.161906,
        "relative_strength": 7.839123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.994899,
        "energy": 31.829374,
        "activity_lines": [
          1997.851367,
          1995.005153,
          1963.899803,
          1902.346857
        ]
      },
      {
        "date": "2023-11-10",
        "close": 2014.360107,
        "volume": 591436,
        "typical_volume": 440728.45,
        "trend": 1824.718823,
        "fair_value": 2051.379962,
        "relative_strength": 8.033534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.640905,
        "energy": 26.377075,
        "activity_lines": [
          1998.029557,
          1999.451751,
          1973.606328,
          1915.615213
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1989.809814,
        "volume": 86925,
        "typical_volume": 441087.3,
        "trend": 1840.859635,
        "fair_value": 2054.101541,
        "relative_strength": 5.018337,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.764091,
        "energy": 20.660828,
        "activity_lines": [
          1991.090136,
          1998.308831,
          1979.349799,
          1926.266245
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1966.892944,
        "volume": 82232,
        "typical_volume": 438116.1,
        "trend": 1854.937036,
        "fair_value": 2056.288936,
        "relative_strength": 3.473578,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.565768,
        "energy": 20.004606,
        "activity_lines": [
          1983.487475,
          1993.109899,
          1981.409034,
          1934.397426
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1971.001099,
        "volume": 119768,
        "typical_volume": 436920.55,
        "trend": 1866.471728,
        "fair_value": 2058.467629,
        "relative_strength": 1.280935,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.118645,
        "energy": 17.748022,
        "activity_lines": [
          1980.709049,
          1989.143867,
          1982.443471,
          1941.88543
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1945.114502,
        "volume": 257812,
        "typical_volume": 331256.8,
        "trend": 1878.893774,
        "fair_value": 2060.348994,
        "relative_strength": -3.050555,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.826804,
        "energy": 13.227238,
        "activity_lines": [
          1966.949032,
          1980.143606,
          1979.613329,
          1946.959158
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1919.821777,
        "volume": 114773,
        "typical_volume": 297111.3,
        "trend": 1890.242436,
        "fair_value": 2062.128915,
        "relative_strength": -6.140931,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.612073,
        "energy": 8.908932,
        "activity_lines": [
          1947.744393,
          1966.36018,
          1974.086826,
          1949.599674
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1916.455811,
        "volume": 140178,
        "typical_volume": 250425.05,
        "trend": 1901.186096,
        "fair_value": 2063.954517,
        "relative_strength": -5.635487,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.642301,
        "energy": 10.345159,
        "activity_lines": [
          1933.720321,
          1953.974319,
          1968.584482,
          1951.290859
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1931.750366,
        "volume": 133884,
        "typical_volume": 190813.25,
        "trend": 1908.568294,
        "fair_value": 2065.322268,
        "relative_strength": -6.264595,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.271865,
        "energy": 12.300254,
        "activity_lines": [
          1929.684701,
          1947.605462,
          1966.037836,
          1953.262748
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1984.810669,
        "volume": 293240,
        "typical_volume": 197891.25,
        "trend": 1919.316422,
        "fair_value": 2068.161331,
        "relative_strength": -3.341014,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.075854,
        "energy": 10.73006,
        "activity_lines": [
          1945.678687,
          1952.465121,
          1968.090834,
          1958.181611
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1992.581665,
        "volume": 467426,
        "typical_volume": 212050.2,
        "trend": 1929.381026,
        "fair_value": 2070.96637,
        "relative_strength": -3.548447,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.421017,
        "energy": 12.906371,
        "activity_lines": [
          1963.342367,
          1957.844953,
          1970.155921,
          1962.9084
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1987.235962,
        "volume": 238372,
        "typical_volume": 210386.3,
        "trend": 1939.851396,
        "fair_value": 2073.959875,
        "relative_strength": -2.397958,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.623577,
        "energy": 18.216739,
        "activity_lines": [
          1976.059668,
          1962.204241,
          1971.170598,
          1966.640977
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1948.232666,
        "volume": 84732,
        "typical_volume": 195659.6,
        "trend": 1948.977238,
        "fair_value": 2076.966134,
        "relative_strength": -2.911536,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.525174,
        "energy": 16.660313,
        "activity_lines": [
          1971.281592,
          1959.965188,
          1968.304979,
          1967.181704
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1948.232666,
        "volume": 214687,
        "typical_volume": 192272.65,
        "trend": 1958.267578,
        "fair_value": 2078.935371,
        "relative_strength": -4.961619,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.762085,
        "energy": 9.444891,
        "activity_lines": [
          1964.385059,
          1958.482082,
          1965.666337,
          1967.133667
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1772.916016,
        "volume": 607861,
        "typical_volume": 219011.7,
        "trend": 1961.459062,
        "fair_value": 2080.103308,
        "relative_strength": -12.883305,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -72.278047,
        "energy": 57.208936,
        "activity_lines": [
          1897.950822,
          1925.4625,
          1946.547006,
          1955.175502
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1729.953003,
        "volume": 206640,
        "typical_volume": 224765.65,
        "trend": 1956.299731,
        "fair_value": 2081.018365,
        "relative_strength": -15.697113,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.931594,
        "energy": 76.802505,
        "activity_lines": [
          1831.321891,
          1888.233008,
          1924.193427,
          1940.239627
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1803.950439,
        "volume": 159831,
        "typical_volume": 225176.55,
        "trend": 1950.024251,
        "fair_value": 2082.638318,
        "relative_strength": -12.553663,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.009173,
        "energy": 73.286236,
        "activity_lines": [
          1806.86735,
          1868.369622,
          1909.863485,
          1930.410641
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1761.036743,
        "volume": 76097,
        "typical_volume": 211482.45,
        "trend": 1934.35011,
        "fair_value": 2083.58558,
        "relative_strength": -14.885651,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.22128,
        "energy": 79.251195,
        "activity_lines": [
          1780.327279,
          1842.810498,
          1892.524604,
          1918.217898
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1770.738159,
        "volume": 91363,
        "typical_volume": 208428.8,
        "trend": 1932.159062,
        "fair_value": 2084.587835,
        "relative_strength": -14.763811,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.600435,
        "energy": 74.86176,
        "activity_lines": [
          1769.50074,
          1821.841069,
          1877.697329,
          1907.662288
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1605.271362,
        "volume": 141825,
        "typical_volume": 210261.4,
        "trend": 1924.603788,
        "fair_value": 2085.09093,
        "relative_strength": -20.809829,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.509238,
        "energy": 78.758345,
        "activity_lines": [
          1715.35157,
          1773.714262,
          1848.292157,
          1886.572759
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1585.324219,
        "volume": 163198,
        "typical_volume": 213614.0,
        "trend": 1914.817607,
        "fair_value": 2085.623824,
        "relative_strength": -21.74246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.043548,
        "energy": 85.277987,
        "activity_lines": [
          1665.729663,
          1728.861417,
          1818.560775,
          1864.683755
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1523.750488,
        "volume": 125979,
        "typical_volume": 190341.15,
        "trend": 1900.52797,
        "fair_value": 2085.588395,
        "relative_strength": -25.345958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.826092,
        "energy": 90.44243,
        "activity_lines": [
          1605.225098,
          1680.218029,
          1784.891821,
          1839.453618
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1812.265747,
        "volume": 410215,
        "typical_volume": 206505.65,
        "trend": 1894.406901,
        "fair_value": 2087.015141,
        "relative_strength": -11.846637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.797739,
        "energy": 53.457633,
        "activity_lines": [
          1659.572282,
          1692.458969,
          1781.036748,
          1833.759281
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1800.931152,
        "volume": 181088,
        "typical_volume": 211448.45,
        "trend": 1887.983907,
        "fair_value": 2088.824709,
        "relative_strength": -12.308216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.310372,
        "energy": 36.975103,
        "activity_lines": [
          1706.726001,
          1705.111199,
          1776.947637,
          1827.728588
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1741.683716,
        "volume": 94869,
        "typical_volume": 210203.5,
        "trend": 1880.940552,
        "fair_value": 2090.426226,
        "relative_strength": -13.643526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.407758,
        "energy": 25.289095,
        "activity_lines": [
          1732.117708,
          1709.669378,
          1768.006207,
          1818.289866
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1786.478027,
        "volume": 124239,
        "typical_volume": 203524.85,
        "trend": 1875.990893,
        "fair_value": 2092.13939,
        "relative_strength": -12.393265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.515405,
        "energy": 26.266439,
        "activity_lines": [
          1763.346696,
          1722.939837,
          1764.42289,
          1812.195509
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1794.001587,
        "volume": 108652,
        "typical_volume": 203218.8,
        "trend": 1868.112699,
        "fair_value": 2093.386495,
        "relative_strength": -12.055104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.341092,
        "energy": 22.084704,
        "activity_lines": [
          1783.673283,
          1736.550488,
          1762.311515,
          1806.905877
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1752.919312,
        "volume": 540851,
        "typical_volume": 223252.45,
        "trend": 1856.728491,
        "fair_value": 2090.888173,
        "relative_strength": -12.311589,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.40775,
        "energy": 17.590282,
        "activity_lines": [
          1772.289038,
          1742.872523,
          1756.886685,
          1799.474045
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1765.590576,
        "volume": 104214,
        "typical_volume": 221768.95,
        "trend": 1848.290987,
        "fair_value": 2087.976501,
        "relative_strength": -13.142501,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.788889,
        "energy": 15.42603,
        "activity_lines": [
          1769.084977,
          1751.646014,
          1753.447388,
          1793.59418
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1817.660889,
        "volume": 199688,
        "typical_volume": 217091.35,
        "trend": 1844.35601,
        "fair_value": 2084.866179,
        "relative_strength": -12.369121,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.582128,
        "energy": 8.544268,
        "activity_lines": [
          1785.593726,
          1769.980427,
          1755.758405,
          1791.618044
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1748.66272,
        "volume": 86329,
        "typical_volume": 198036.5,
        "trend": 1836.314473,
        "fair_value": 2079.326798,
        "relative_strength": -13.831124,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.286572,
        "energy": 9.172815,
        "activity_lines": [
          1774.03794,
          1771.90809,
          1752.294119,
          1785.444284
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1776.479736,
        "volume": 180756,
        "typical_volume": 195155.7,
        "trend": 1828.385128,
        "fair_value": 2074.325793,
        "relative_strength": -15.074195,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.527602,
        "energy": 11.652324,
        "activity_lines": [
          1774.275513,
          1775.923602,
          1752.640592,
          1781.583978
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1855.872192,
        "volume": 248568,
        "typical_volume": 203347.5,
        "trend": 1823.92054,
        "fair_value": 2069.554986,
        "relative_strength": -11.739659,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.138591,
        "energy": 7.494279,
        "activity_lines": [
          1802.145361,
          1789.779028,
          1761.551852,
          1783.357337
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1963.081787,
        "volume": 712005,
        "typical_volume": 228213.4,
        "trend": 1823.793502,
        "fair_value": 2060.70675,
        "relative_strength": -6.659772,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.494576,
        "energy": 33.740774,
        "activity_lines": [
          1858.888216,
          1822.334264,
          1781.113361,
          1792.335482
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1904.032349,
        "volume": 209548,
        "typical_volume": 208297.75,
        "trend": 1821.56121,
        "fair_value": 2050.512107,
        "relative_strength": -11.236667,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 20.650902,
        "energy": 36.828341,
        "activity_lines": [
          1882.781844,
          1841.205045,
          1794.980405,
          1797.512182
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1957.142212,
        "volume": 154319,
        "typical_volume": 205681.7,
        "trend": 1821.962134,
        "fair_value": 2041.869489,
        "relative_strength": -9.821245,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.943262,
        "energy": 55.533012,
        "activity_lines": [
          1918.620662,
          1866.780371,
          1813.281167,
          1806.259343
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1893.242188,
        "volume": 91349,
        "typical_volume": 202257.6,
        "trend": 1821.076147,
        "fair_value": 2032.585766,
        "relative_strength": -13.242216,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.664885,
        "energy": 51.539338,
        "activity_lines": [
          1919.26084,
          1877.634526,
          1824.414359,
          1810.858056
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1781.380005,
        "volume": 196651,
        "typical_volume": 208285.3,
        "trend": 1816.573621,
        "fair_value": 2024.728098,
        "relative_strength": -18.059937,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.31069,
        "energy": 18.089155,
        "activity_lines": [
          1874.82946,
          1866.345728,
          1824.468811,
          1808.297015
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1895.073364,
        "volume": 425959,
        "typical_volume": 225015.1,
        "trend": 1815.351054,
        "fair_value": 2017.444537,
        "relative_strength": -13.425612,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.827449,
        "energy": 13.978546,
        "activity_lines": [
          1873.262012,
          1875.210982,
          1835.254329,
          1813.361515
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1900.666626,
        "volume": 394398,
        "typical_volume": 237643.75,
        "trend": 1812.546252,
        "fair_value": 2010.467548,
        "relative_strength": -12.040243,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.448294,
        "energy": 19.293321,
        "activity_lines": [
          1878.092879,
          1882.73896,
          1845.980467,
          1818.865745
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2305.300537,
        "volume": 3224299,
        "typical_volume": 390698.8,
        "trend": 1822.970215,
        "fair_value": 2007.633827,
        "relative_strength": 8.216889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.9034,
        "energy": 52.526414,
        "activity_lines": [
          2018.026099,
          1962.327546,
          1893.836523,
          1850.656344
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2212.098877,
        "volume": 802253,
        "typical_volume": 424512.5,
        "trend": 1830.465645,
        "fair_value": 2006.334111,
        "relative_strength": 3.214386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.377135,
        "energy": 71.349579,
        "activity_lines": [
          2103.681543,
          2014.849687,
          1929.387773,
          1875.761419
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2232.669189,
        "volume": 306549,
        "typical_volume": 419329.2,
        "trend": 1839.946863,
        "fair_value": 2002.756229,
        "relative_strength": 3.162975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.063001,
        "energy": 76.629386,
        "activity_lines": [
          2174.936645,
          2063.191537,
          1963.62025,
          1901.710035
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2322.385254,
        "volume": 385416,
        "typical_volume": 429545.6,
        "trend": 1852.418616,
        "fair_value": 1999.705972,
        "relative_strength": 5.749972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.080696,
        "energy": 82.289189,
        "activity_lines": [
          2246.011157,
          2120.994545,
          2004.395193,
          1932.835092
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2394.32666,
        "volume": 779379,
        "typical_volume": 463771.1,
        "trend": 1873.132304,
        "fair_value": 1996.750579,
        "relative_strength": 10.816069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.084384,
        "energy": 80.536421,
        "activity_lines": [
          2312.578678,
          2185.345017,
          2049.538584,
          1967.796901
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2270.94873,
        "volume": 285830,
        "typical_volume": 471850.65,
        "trend": 1891.165495,
        "fair_value": 1992.065444,
        "relative_strength": 3.2246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.156941,
        "energy": 66.330828,
        "activity_lines": [
          2305.109554,
          2218.348697,
          2079.823872,
          1993.462477
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2204.518311,
        "volume": 211769,
        "typical_volume": 477006.5,
        "trend": 1904.517757,
        "fair_value": 1987.434592,
        "relative_strength": -1.180878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.153046,
        "energy": 49.335569,
        "activity_lines": [
          2277.787077,
          2233.568546,
          2101.47545,
          2013.678788
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1962.727173,
        "volume": 325066,
        "typical_volume": 466217.25,
        "trend": 1911.240771,
        "fair_value": 1981.579849,
        "relative_strength": -12.866966,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.644351,
        "energy": 26.425526,
        "activity_lines": [
          2170.372925,
          2199.166804,
          2098.144459,
          2017.434234
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1911.092163,
        "volume": 279527,
        "typical_volume": 474982.9,
        "trend": 1915.919238,
        "fair_value": 1975.380592,
        "relative_strength": -10.672975,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.682513,
        "energy": 18.247757,
        "activity_lines": [
          2063.743237,
          2152.079656,
          2088.896763,
          2017.424647
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1868.84082,
        "volume": 208803,
        "typical_volume": 475438.65,
        "trend": 1924.704887,
        "fair_value": 1967.341855,
        "relative_strength": -11.853675,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.577804,
        "energy": 21.212674,
        "activity_lines": [
          1970.449308,
          2097.019196,
          2074.932265,
          2014.387329
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1836.668213,
        "volume": 288040,
        "typical_volume": 485524.2,
        "trend": 1933.08302,
        "fair_value": 1961.233364,
        "relative_strength": -12.403894,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -26.512923,
        "energy": 33.728165,
        "activity_lines": [
          1901.463566,
          2036.687822,
          2057.659996,
          2008.707544
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1657.435059,
        "volume": 351571,
        "typical_volume": 494064.95,
        "trend": 1937.539172,
        "fair_value": 1954.712629,
        "relative_strength": -18.133777,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -40.190742,
        "energy": 50.052751,
        "activity_lines": [
          1801.685474,
          1952.289189,
          2022.898828,
          1990.923805
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1830.462158,
        "volume": 158451,
        "typical_volume": 489559.1,
        "trend": 1938.145719,
        "fair_value": 1949.492524,
        "relative_strength": -9.461355,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.820537,
        "energy": 47.109218,
        "activity_lines": [
          1796.055298,
          1909.434826,
          2005.183311,
          1984.01561
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1741.838501,
        "volume": 676359,
        "typical_volume": 487776.8,
        "trend": 1936.175964,
        "fair_value": 1943.208162,
        "relative_strength": -12.650326,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.148179,
        "energy": 54.377791,
        "activity_lines": [
          1769.701571,
          1857.779925,
          1979.148446,
          1971.350628
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1702.963257,
        "volume": 209343,
        "typical_volume": 487766.55,
        "trend": 1934.885282,
        "fair_value": 1937.507814,
        "relative_strength": -11.781146,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.146841,
        "energy": 60.142876,
        "activity_lines": [
          1741.673006,
          1809.612194,
          1950.464716,
          1956.304647
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1679.727417,
        "volume": 154252,
        "typical_volume": 487763.2,
        "trend": 1931.326929,
        "fair_value": 1932.459345,
        "relative_strength": -13.759658,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.095817,
        "energy": 52.630971,
        "activity_lines": [
          1716.957666,
          1769.790008,
          1920.525521,
          1939.842849
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1741.242798,
        "volume": 113553,
        "typical_volume": 488873.4,
        "trend": 1929.568302,
        "fair_value": 1927.390486,
        "relative_strength": -10.902975,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -61.186351,
        "energy": 58.990498,
        "activity_lines": [
          1723.210173,
          1751.901915,
          1897.765957,
          1927.579357
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1823.213257,
        "volume": 254899,
        "typical_volume": 491785.8,
        "trend": 1931.911434,
        "fair_value": 1922.767847,
        "relative_strength": -8.364605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.804039,
        "energy": 43.288553,
        "activity_lines": [
          1751.198983,
          1757.340734,
          1883.536909,
          1920.717741
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1804.84314,
        "volume": 168892,
        "typical_volume": 478932.45,
        "trend": 1933.219853,
        "fair_value": 1918.671697,
        "relative_strength": -9.259945,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.500209,
        "energy": 32.087519,
        "activity_lines": [
          1773.547681,
          1761.976148,
          1867.359121,
          1912.519787
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1749.782349,
        "volume": 113507,
        "typical_volume": 464887.9,
        "trend": 1930.957235,
        "fair_value": 1913.838056,
        "relative_strength": -7.278243,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.76898,
        "energy": 28.109048,
        "activity_lines": [
          1773.342473,
          1758.532309,
          1846.367116,
          1900.685109
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1785.579224,
        "volume": 84376,
        "typical_volume": 307891.75,
        "trend": 1932.187785,
        "fair_value": 1908.512601,
        "relative_strength": -5.96452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.559392,
        "energy": 24.999993,
        "activity_lines": [
          1781.948283,
          1763.761692,
          1829.502833,
          1891.305883
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1836.866821,
        "volume": 213308,
        "typical_volume": 278444.5,
        "trend": 1934.200688,
        "fair_value": 1904.275867,
        "relative_strength": -3.688553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.870728,
        "energy": 21.722834,
        "activity_lines": [
          1800.593172,
          1779.244984,
          1819.997946,
          1885.156143
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1689.905518,
        "volume": 113093,
        "typical_volume": 268771.7,
        "trend": 1928.668465,
        "fair_value": 1897.283187,
        "relative_strength": -8.809483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.235684,
        "energy": 35.074995,
        "activity_lines": [
          1763.876026,
          1764.745643,
          1798.283565,
          1869.395164
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1728.482788,
        "volume": 105865,
        "typical_volume": 254794.15,
        "trend": 1920.848499,
        "fair_value": 1892.095432,
        "relative_strength": -5.409553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.90454,
        "energy": 33.446431,
        "activity_lines": [
          1748.905151,
          1759.815927,
          1782.827798,
          1856.479959
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1667.116699,
        "volume": 95187,
        "typical_volume": 220584.55,
        "trend": 1912.95131,
        "fair_value": 1886.686921,
        "relative_strength": -7.900886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.584683,
        "energy": 43.195779,
        "activity_lines": [
          1718.569604,
          1743.971571,
          1764.355748,
          1840.110166
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1806.183594,
        "volume": 270171,
        "typical_volume": 219801.6,
        "trend": 1907.919356,
        "fair_value": 1883.180409,
        "relative_strength": -1.687696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.642411,
        "energy": 35.038288,
        "activity_lines": [
          1740.100732,
          1754.063861,
          1762.59107,
          1833.221926
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1763.932373,
        "volume": 933329,
        "typical_volume": 255879.6,
        "trend": 1903.609029,
        "fair_value": 1880.739655,
        "relative_strength": -4.043549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.327831,
        "energy": 28.319878,
        "activity_lines": [
          1746.174495,
          1754.174907,
          1759.015633,
          1823.932443
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1665.329224,
        "volume": 270335,
        "typical_volume": 253143.05,
        "trend": 1899.74067,
        "fair_value": 1878.215178,
        "relative_strength": -6.780975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.422887,
        "energy": 33.429683,
        "activity_lines": [
          1724.242839,
          1735.94557,
          1748.147448,
          1808.559553
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1646.264038,
        "volume": 101616,
        "typical_volume": 244247.5,
        "trend": 1891.447026,
        "fair_value": 1876.521182,
        "relative_strength": -7.102861,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.382613,
        "energy": 33.975849,
        "activity_lines": [
          1697.594539,
          1717.120455,
          1736.879711,
          1792.206221
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1624.418457,
        "volume": 52382,
        "typical_volume": 236426.45,
        "trend": 1882.238753,
        "fair_value": 1874.44033,
        "relative_strength": -5.428128,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.785755,
        "energy": 43.749513,
        "activity_lines": [
          1669.14563,
          1697.206672,
          1724.79253,
          1774.978572
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1638.022217,
        "volume": 136964,
        "typical_volume": 228872.65,
        "trend": 1859.996143,
        "fair_value": 1871.285846,
        "relative_strength": -6.303743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.197603,
        "energy": 51.120709,
        "activity_lines": [
          1648.077857,
          1682.045643,
          1715.164861,
          1759.222666
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1580.230713,
        "volume": 85048,
        "typical_volume": 215546.5,
        "trend": 1838.933871,
        "fair_value": 1866.943723,
        "relative_strength": -8.929957,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.826294,
        "energy": 57.344475,
        "activity_lines": [
          1618.957007,
          1659.059923,
          1700.979172,
          1741.173284
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1667.911011,
        "volume": 145250,
        "typical_volume": 214886.45,
        "trend": 1820.108598,
        "fair_value": 1863.223392,
        "relative_strength": -7.793558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.378134,
        "energy": 39.250634,
        "activity_lines": [
          1631.309701,
          1656.682187,
          1695.511628,
          1730.139551
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1605.948975,
        "volume": 328517,
        "typical_volume": 197494.35,
        "trend": 1796.227389,
        "fair_value": 1859.297667,
        "relative_strength": -11.857491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.498794,
        "energy": 35.369661,
        "activity_lines": [
          1622.836263,
          1643.438526,
          1684.91699,
          1716.322801
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1616.822144,
        "volume": 100056,
        "typical_volume": 192030.0,
        "trend": 1770.310571,
        "fair_value": 1855.122503,
        "relative_strength": -8.653759,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.494555,
        "energy": 32.656653,
        "activity_lines": [
          1620.674886,
          1634.399692,
          1676.004985,
          1704.748269
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1651.675781,
        "volume": 84101,
        "typical_volume": 188522.45,
        "trend": 1749.66814,
        "fair_value": 1851.336776,
        "relative_strength": -6.19647,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.732339,
        "energy": 26.153458,
        "activity_lines": [
          1630.637809,
          1632.612329,
          1670.82257,
          1697.094412
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1701.275269,
        "volume": 75067,
        "typical_volume": 186598.15,
        "trend": 1732.893372,
        "fair_value": 1848.354772,
        "relative_strength": -7.355074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.813446,
        "energy": 17.768107,
        "activity_lines": [
          1656.223657,
          1642.652288,
          1670.497495,
          1693.972291
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1686.281128,
        "volume": 102818,
        "typical_volume": 178994.1,
        "trend": 1723.678504,
        "fair_value": 1845.651442,
        "relative_strength": -8.671059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.568729,
        "energy": 13.860386,
        "activity_lines": [
          1668.741821,
          1651.10526,
          1668.934729,
          1690.965049
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1676.15271,
        "volume": 55801,
        "typical_volume": 173339.55,
        "trend": 1715.847188,
        "fair_value": 1843.190688,
        "relative_strength": -10.118653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.308055,
        "energy": 15.322405,
        "activity_lines": [
          1676.659172,
          1657.335758,
          1667.059408,
          1687.898869
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1651.92395,
        "volume": 104282,
        "typical_volume": 172878.3,
        "trend": 1708.616626,
        "fair_value": 1841.702131,
        "relative_strength": -9.926859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.639139,
        "energy": 15.50654,
        "activity_lines": [
          1671.82002,
          1658.617596,
          1663.489399,
          1683.774789
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1617.268921,
        "volume": 289739,
        "typical_volume": 183146.45,
        "trend": 1701.303316,
        "fair_value": 1839.651539,
        "relative_strength": -15.08441,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.314162,
        "energy": 20.485973,
        "activity_lines": [
          1653.089071,
          1653.09842,
          1657.084902,
          1677.881389
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1595.820557,
        "volume": 113662,
        "typical_volume": 178164.15,
        "trend": 1699.2495,
        "fair_value": 1837.766244,
        "relative_strength": -15.328586,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.631412,
        "energy": 31.809356,
        "activity_lines": [
          1629.502458,
          1644.056874,
          1649.439182,
          1671.07605
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1606.147583,
        "volume": 98484,
        "typical_volume": 177433.7,
        "trend": 1691.772347,
        "fair_value": 1835.31485,
        "relative_strength": -14.150995,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.246265,
        "energy": 39.03678,
        "activity_lines": [
          1616.388501,
          1636.609517,
          1643.924828,
          1665.069474
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1618.758423,
        "volume": 105153,
        "typical_volume": 177398.1,
        "trend": 1687.669678,
        "fair_value": 1833.035161,
        "relative_strength": -14.098147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.327502,
        "energy": 39.998373,
        "activity_lines": [
          1612.820394,
          1632.578012,
          1640.010353,
          1660.358899
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1629.879883,
        "volume": 88168,
        "typical_volume": 177047.15,
        "trend": 1685.233565,
        "fair_value": 1831.827248,
        "relative_strength": -12.218081,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.857301,
        "energy": 34.43288,
        "activity_lines": [
          1616.785726,
          1630.335691,
          1637.677562,
          1656.630525
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1597.508667,
        "volume": 56556,
        "typical_volume": 166366.4,
        "trend": 1682.49294,
        "fair_value": 1830.229463,
        "relative_strength": -14.876685,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.385326,
        "energy": 29.59102,
        "activity_lines": [
          1611.430257,
          1621.970282,
          1632.439117,
          1650.970854
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1594.331055,
        "volume": 92227,
        "typical_volume": 124311.3,
        "trend": 1677.595882,
        "fair_value": 1828.518241,
        "relative_strength": -16.41892,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.596826,
        "energy": 30.858769,
        "activity_lines": [
          1606.332935,
          1614.011981,
          1627.891731,
          1645.28299
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1604.260864,
        "volume": 118452,
        "typical_volume": 116717.15,
        "trend": 1670.297469,
        "fair_value": 1826.241204,
        "relative_strength": -14.930602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.273135,
        "energy": 28.870204,
        "activity_lines": [
          1604.644849,
          1609.80354,
          1625.097667,
          1640.551699
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1583.904785,
        "volume": 91938,
        "typical_volume": 116233.25,
        "trend": 1662.932857,
        "fair_value": 1823.846569,
        "relative_strength": -14.654267,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.173258,
        "energy": 42.098206,
        "activity_lines": [
          1596.297184,
          1603.385272,
          1620.655731,
          1634.977977
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1569.804443,
        "volume": 95662,
        "typical_volume": 118397.25,
        "trend": 1656.933594,
        "fair_value": 1820.807224,
        "relative_strength": -14.582386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.193436,
        "energy": 47.5859,
        "activity_lines": [
          1585.572982,
          1596.08054,
          1615.167854,
          1628.969692
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1534.950806,
        "volume": 75147,
        "typical_volume": 115306.4,
        "trend": 1648.579313,
        "fair_value": 1817.936228,
        "relative_strength": -15.717574,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.809344,
        "energy": 59.934306,
        "activity_lines": [
          1567.235929,
          1583.931865,
          1606.620649,
          1621.099835
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1493.444214,
        "volume": 92249,
        "typical_volume": 115666.45,
        "trend": 1637.131893,
        "fair_value": 1814.150513,
        "relative_strength": -16.738266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.253247,
        "energy": 74.721533,
        "activity_lines": [
          1539.23387,
          1565.73323,
          1594.611252,
          1611.091119
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1497.217529,
        "volume": 191799,
        "typical_volume": 117993.9,
        "trend": 1630.70896,
        "fair_value": 1810.438981,
        "relative_strength": -15.094307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.417672,
        "energy": 77.296358,
        "activity_lines": [
          1519.215373,
          1550.08204,
          1583.374487,
          1602.064386
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1398.699951,
        "volume": 86439,
        "typical_volume": 105890.0,
        "trend": 1619.716199,
        "fair_value": 1806.210375,
        "relative_strength": -20.842696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.743714,
        "energy": 92.255297,
        "activity_lines": [
          1473.493905,
          1518.49911,
          1563.567922,
          1587.096063
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1506.5,
        "volume": 1299082,
        "typical_volume": 165841.3,
        "trend": 1614.362309,
        "fair_value": 1802.654557,
        "relative_strength": -14.8905,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.783671,
        "energy": 73.657317,
        "activity_lines": [
          1476.052775,
          1510.517252,
          1555.014929,
          1579.791792
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1465.199951,
        "volume": 89683,
        "typical_volume": 166120.4,
        "trend": 1602.996187,
        "fair_value": 1798.800981,
        "relative_strength": -14.985609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.353029,
        "energy": 63.485554,
        "activity_lines": [
          1469.065259,
          1497.269564,
          1543.053941,
          1570.168414
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1492.800049,
        "volume": 97237,
        "typical_volume": 167228.9,
        "trend": 1593.958443,
        "fair_value": 1794.832167,
        "relative_strength": -13.636452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.005337,
        "energy": 48.96149,
        "activity_lines": [
          1475.927832,
          1491.44569,
          1534.609513,
          1563.058986
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1494.400024,
        "volume": 222279,
        "typical_volume": 173201.95,
        "trend": 1588.260803,
        "fair_value": 1790.902395,
        "relative_strength": -14.11743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.664375,
        "energy": 36.392108,
        "activity_lines": [
          1483.366675,
          1487.758738,
          1527.310204,
          1556.635862
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1520.800049,
        "volume": 87767,
        "typical_volume": 174800.25,
        "trend": 1584.07867,
        "fair_value": 1787.48097,
        "relative_strength": -12.719389,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.207069,
        "energy": 27.34527,
        "activity_lines": [
          1499.793359,
          1490.86926,
          1523.438902,
          1552.283555
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1460.900024,
        "volume": 52138,
        "typical_volume": 172193.05,
        "trend": 1578.628056,
        "fair_value": 1784.410109,
        "relative_strength": -13.490553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.994074,
        "energy": 28.501508,
        "activity_lines": [
          1488.113362,
          1484.236228,
          1514.60261,
          1544.336546
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1498.099976,
        "volume": 59250,
        "typical_volume": 160668.6,
        "trend": 1573.963981,
        "fair_value": 1780.93902,
        "relative_strength": -11.739407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.869349,
        "energy": 23.25121,
        "activity_lines": [
          1491.873348,
          1486.346904,
          1510.218809,
          1539.141186
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1490.300049,
        "volume": 92823,
        "typical_volume": 159626.65,
        "trend": 1570.966292,
        "fair_value": 1778.23124,
        "relative_strength": -13.167066,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.243248,
        "energy": 21.07703,
        "activity_lines": [
          1490.840023,
          1487.709426,
          1505.659629,
          1533.743513
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1448.300049,
        "volume": 61199,
        "typical_volume": 157762.4,
        "trend": 1563.645927,
        "fair_value": 1775.157429,
        "relative_strength": -16.592429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.980986,
        "energy": 32.927168,
        "activity_lines": [
          1475.973364,
          1481.492751,
          1497.602927,
          1525.829562
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1457.199951,
        "volume": 39354,
        "typical_volume": 154472.45,
        "trend": 1558.687626,
        "fair_value": 1772.094167,
        "relative_strength": -16.06937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.922335,
        "energy": 31.035545,
        "activity_lines": [
          1467.146672,
          1477.783649,
          1491.14549,
          1518.962079
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1512.599976,
        "volume": 336385,
        "typical_volume": 166883.3,
        "trend": 1555.213554,
        "fair_value": 1769.086776,
        "relative_strength": -12.217003,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.620024,
        "energy": 24.722019,
        "activity_lines": [
          1481.02666,
          1483.083643,
          1490.733572,
          1515.988682
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1391.599976,
        "volume": 413785,
        "typical_volume": 184744.75,
        "trend": 1546.54436,
        "fair_value": 1766.00665,
        "relative_strength": -18.098722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.167069,
        "energy": 36.508367,
        "activity_lines": [
          1451.126652,
          1466.272727,
          1479.35632,
          1505.432968
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1354.699951,
        "volume": 213184,
        "typical_volume": 190792.6,
        "trend": 1534.99185,
        "fair_value": 1763.085409,
        "relative_strength": -21.09878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.763378,
        "energy": 52.053739,
        "activity_lines": [
          1416.026636,
          1444.090898,
          1465.445298,
          1493.055909
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1329.0,
        "volume": 113350,
        "typical_volume": 190537.5,
        "trend": 1523.082479,
        "fair_value": 1759.843786,
        "relative_strength": -22.632208,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.13784,
        "energy": 71.470202,
        "activity_lines": [
          1381.399976,
          1419.747261,
          1450.227762,
          1479.766112
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1343.800049,
        "volume": 60259,
        "typical_volume": 188953.55,
        "trend": 1512.004057,
        "fair_value": 1756.731517,
        "relative_strength": -21.696069,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.101941,
        "energy": 76.477825,
        "activity_lines": [
          1359.660002,
          1401.101816,
          1437.73052,
          1468.199504
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1332.699951,
        "volume": 87827,
        "typical_volume": 188561.8,
        "trend": 1501.363257,
        "fair_value": 1752.185304,
        "relative_strength": -21.765874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.638738,
        "energy": 76.96407,
        "activity_lines": [
          1341.779989,
          1383.656352,
          1425.319482,
          1456.631497
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1420.699951,
        "volume": 6154163,
        "typical_volume": 492512.6,
        "trend": 1494.810958,
        "fair_value": 1748.683397,
        "relative_strength": -15.6966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.596695,
        "energy": 49.85023,
        "activity_lines": [
          1365.226644,
          1384.541799,
          1422.418465,
          1451.427413
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1406.099976,
        "volume": 200130,
        "typical_volume": 497906.65,
        "trend": 1488.486938,
        "fair_value": 1746.25519,
        "relative_strength": -15.802808,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.720469,
        "energy": 33.152336,
        "activity_lines": [
          1381.866642,
          1384.179978,
          1418.671026,
          1445.704124
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1480.400024,
        "volume": 125105,
        "typical_volume": 494571.95,
        "trend": 1484.295353,
        "fair_value": 1743.65319,
        "relative_strength": -11.130149,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.649986,
        "energy": 14.528198,
        "activity_lines": [
          1419.846655,
          1398.858168,
          1422.415708,
          1445.182387
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1606.199951,
        "volume": 311948,
        "typical_volume": 505847.4,
        "trend": 1483.876737,
        "fair_value": 1741.979074,
        "relative_strength": -4.179625,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 22.377097,
        "energy": 26.250578,
        "activity_lines": [
          1489.666642,
          1435.825435,
          1438.221418,
          1453.0472
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1534.400024,
        "volume": 164783,
        "typical_volume": 449132.45,
        "trend": 1480.694076,
        "fair_value": 1739.998126,
        "relative_strength": -5.811094,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.958633,
        "energy": 28.846141,
        "activity_lines": [
          1518.059993,
          1457.029079,
          1446.200944,
          1456.306767
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1519.900024,
        "volume": 194191,
        "typical_volume": 454357.85,
        "trend": 1478.107121,
        "fair_value": 1737.966935,
        "relative_strength": -6.305527,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.835292,
        "energy": 29.132641,
        "activity_lines": [
          1528.17334,
          1475.199995,
          1452.666661,
          1458.836183
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1480.5,
        "volume": 88561,
        "typical_volume": 453924.05,
        "trend": 1474.312752,
        "fair_value": 1736.062469,
        "relative_strength": -6.006976,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.144446,
        "energy": 27.782684,
        "activity_lines": [
          1518.540006,
          1483.874543,
          1455.119518,
          1458.990562
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1536.900024,
        "volume": 77653,
        "typical_volume": 446692.75,
        "trend": 1472.067391,
        "fair_value": 1734.672335,
        "relative_strength": -2.995818,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.888227,
        "energy": 21.278718,
        "activity_lines": [
          1522.746679,
          1500.516366,
          1463.002377,
          1463.028451
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1600.400024,
        "volume": 377888,
        "typical_volume": 461198.8,
        "trend": 1472.617232,
        "fair_value": 1733.387781,
        "relative_strength": -0.068065,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 39.28147,
        "energy": 28.964971,
        "activity_lines": [
          1544.353353,
          1524.923644,
          1476.730475,
          1471.307975
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1439.400024,
        "volume": 2433224,
        "typical_volume": 580253.1,
        "trend": 1468.270418,
        "fair_value": 1731.643433,
        "relative_strength": -8.882609,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 31.369037,
        "energy": 17.785282,
        "activity_lines": [
          1512.680021,
          1515.39274,
          1474.746192,
          1469.16493
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1377.599976,
        "volume": 189623,
        "typical_volume": 586771.75,
        "trend": 1463.025391,
        "fair_value": 1730.029319,
        "relative_strength": -12.639318,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.200866,
        "energy": 8.315818,
        "activity_lines": [
          1466.740006,
          1492.685462,
          1466.978571,
          1463.315224
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1347.699951,
        "volume": 236188,
        "typical_volume": 593940.0,
        "trend": 1458.167248,
        "fair_value": 1728.305787,
        "relative_strength": -12.660937,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.970021,
        "energy": 18.49376,
        "activity_lines": [
          1420.319987,
          1465.325453,
          1456.937138,
          1455.874873
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1285.0,
        "volume": 208166,
        "typical_volume": 601288.35,
        "trend": 1451.093331,
        "fair_value": 1726.229996,
        "relative_strength": -13.700422,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -65.557806,
        "energy": 44.619866,
        "activity_lines": [
          1361.85332,
          1427.62727,
          1441.603329,
          1444.702792
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1216.800049,
        "volume": 182412,
        "typical_volume": 608441.25,
        "trend": 1445.030001,
        "fair_value": 1724.251007,
        "relative_strength": -13.200942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.982824,
        "energy": 74.697761,
        "activity_lines": [
          1297.446672,
          1381.081825,
          1420.551906,
          1429.587097
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1305.199951,
        "volume": 403927,
        "typical_volume": 611818.35,
        "trend": 1438.319999,
        "fair_value": 1722.757385,
        "relative_strength": -6.302356,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.864745,
        "energy": 68.239524,
        "activity_lines": [
          1288.079989,
          1357.689087,
          1409.064283,
          1420.565803
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1213.099976,
        "volume": 325789,
        "typical_volume": 607418.55,
        "trend": 1429.916667,
        "fair_value": 1721.43702,
        "relative_strength": -11.360887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.255565,
        "energy": 73.342962,
        "activity_lines": [
          1256.959985,
          1321.718173,
          1389.792852,
          1406.035479
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1223.199951,
        "volume": 116408,
        "typical_volume": 602579.75,
        "trend": 1420.929997,
        "fair_value": 1719.584784,
        "relative_strength": -9.719347,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.865927,
        "energy": 70.92242,
        "activity_lines": [
          1240.173307,
          1293.161801,
          1372.333325,
          1392.698917
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1462.5,
        "volume": 539201,
        "typical_volume": 623872.3,
        "trend": 1419.866663,
        "fair_value": 1719.12765,
        "relative_strength": 2.320489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.554234,
        "energy": 27.150085,
        "activity_lines": [
          1311.453312,
          1312.792711,
          1378.290468,
          1395.380852
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1590.0,
        "volume": 342959,
        "typical_volume": 638007.3,
        "trend": 1422.173328,
        "fair_value": 1719.668768,
        "relative_strength": 10.072034,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -4.768064,
        "energy": 10.420122,
        "activity_lines": [
          1413.399984,
          1356.958168,
          1395.754754,
          1406.357197
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1519.199951,
        "volume": 201993,
        "typical_volume": 643715.6,
        "trend": 1424.116658,
        "fair_value": 1719.506134,
        "relative_strength": 7.404741,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 9.993813,
        "energy": 22.308679,
        "activity_lines": [
          1466.866642,
          1388.439979,
          1405.303798,
          1412.616979
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1582.5,
        "volume": 162408,
        "typical_volume": 344127.85,
        "trend": 1426.929993,
        "fair_value": 1719.233952,
        "relative_strength": 11.5207,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.824843,
        "energy": 35.995217,
        "activity_lines": [
          1527.16665,
          1429.979983,
          1419.993323,
          1422.835259
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1631.0,
        "volume": 170230,
        "typical_volume": 342632.85,
        "trend": 1431.619991,
        "fair_value": 1719.609253,
        "relative_strength": 14.139344,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 70.105602,
        "energy": 68.932377,
        "activity_lines": [
          1579.006657,
          1476.612713,
          1438.531419,
          1436.001066
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1617.699951,
        "volume": 2040525,
        "typical_volume": 438403.85,
        "trend": 1437.266654,
        "fair_value": 1719.855009,
        "relative_strength": 15.616772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.418954,
        "energy": 71.205002,
        "activity_lines": [
          1599.226644,
          1515.676343,
          1454.731891,
          1448.006225
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1496.699951,
        "volume": 321761,
        "typical_volume": 438894.5,
        "trend": 1438.583321,
        "fair_value": 1719.268817,
        "relative_strength": 6.665532,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.046664,
        "energy": 55.853135,
        "activity_lines": [
          1568.766634,
          1526.690882,
          1458.754744,
          1451.840631
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1454.0,
        "volume": 156715,
        "typical_volume": 438491.1,
        "trend": 1436.629989,
        "fair_value": 1717.625968,
        "relative_strength": 4.484202,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.763582,
        "energy": 32.579586,
        "activity_lines": [
          1530.29331,
          1524.852705,
          1459.232364,
          1452.835255
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1400.400024,
        "volume": 22043,
        "typical_volume": 429883.7,
        "trend": 1436.923323,
        "fair_value": 1715.946694,
        "relative_strength": 1.571257,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 25.273189,
        "energy": 14.780348,
        "activity_lines": [
          1478.299992,
          1510.563623,
          1454.988081,
          1450.497838
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1393.199951,
        "volume": 47859,
        "typical_volume": 427848.6,
        "trend": 1438.206657,
        "fair_value": 1714.040004,
        "relative_strength": 0.180385,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.722652,
        "energy": 14.732726,
        "activity_lines": [
          1436.046647,
          1491.559981,
          1450.627125,
          1447.676976
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1423.5,
        "volume": 25663,
        "typical_volume": 425249.1,
        "trend": 1441.356657,
        "fair_value": 1712.439844,
        "relative_strength": 0.838652,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.683423,
        "energy": 16.8047,
        "activity_lines": [
          1419.746655,
          1474.974529,
          1449.567602,
          1446.728159
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1421.5,
        "volume": 0,
        "typical_volume": 406354.7,
        "trend": 1443.946655,
        "fair_value": 1710.818323,
        "relative_strength": 0.619283,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.017502,
        "energy": 15.727567,
        "activity_lines": [
          1415.72666,
          1458.734532,
          1448.857604,
          1445.447084
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1426.099976,
        "volume": 39615,
        "typical_volume": 286674.25,
        "trend": 1447.059989,
        "fair_value": 1709.257922,
        "relative_strength": 0.190768,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.212206,
        "energy": 17.617474,
        "activity_lines": [
          1418.25332,
          1446.394531,
          1449.437603,
          1444.295686
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1485.699951,
        "volume": 179346,
        "typical_volume": 286160.4,
        "trend": 1449.226656,
        "fair_value": 1708.03054,
        "relative_strength": 4.708774,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.688416,
        "energy": 5.73028,
        "activity_lines": [
          1442.506641,
          1446.583616,
          1455.757124,
          1446.788586
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1450.900024,
        "volume": 215943,
        "typical_volume": 285148.15,
        "trend": 1450.719991,
        "fair_value": 1705.24956,
        "relative_strength": 1.829311,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.10973,
        "energy": 2.437953,
        "activity_lines": [
          1449.473323,
          1442.205442,
          1458.247604,
          1446.896546
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1505.199951,
        "volume": 227809,
        "typical_volume": 286130.3,
        "trend": 1451.546655,
        "fair_value": 1702.12767,
        "relative_strength": 8.105484,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.170458,
        "energy": 13.096035,
        "activity_lines": [
          1470.69331,
          1450.974527,
          1465.418077,
          1450.411382
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1509.099976,
        "volume": 216308,
        "typical_volume": 287825.1,
        "trend": 1448.309989,
        "fair_value": 1697.498433,
        "relative_strength": 5.608819,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.745261,
        "energy": 32.399295,
        "activity_lines": [
          1487.766642,
          1462.498162,
          1471.911409,
          1454.124499
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1573.400024,
        "volume": 269309,
        "typical_volume": 281094.2,
        "trend": 1449.609989,
        "fair_value": 1695.812089,
        "relative_strength": 9.177886,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 65.985932,
        "energy": 56.848843,
        "activity_lines": [
          1520.433325,
          1485.48726,
          1483.136652,
          1462.194824
        ]
      }
    ],
    "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."
    }
  }
}