{
  "ticker": {
    "uuid": "b2a0687b-96cc-461b-bb49-d9e4e393889b",
    "symbol": "TCH-F102",
    "name": "Tachlit Indices Mutual Fund Management Ltd. - Tachlit SAL (4A) MSCI World U.S.D Hedged",
    "exchange": "TLV",
    "country": "IL",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "TA35.TA",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -55.417,
    "architecture_energy": 63.876,
    "architecture_maturity": 95.0,
    "architecture_confidence": 64.149,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 18.19,
        "rotation_up": 27.96,
        "upward_expansion": 22.5,
        "deceleration": 67.0,
        "rotation_down": 50.26,
        "downward_expansion": 70.17
      },
      "activity_lines": [
        119.16,
        118.496364,
        3101.568095,
        5148.174839
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 121.9,
    "trend_reference": 7474.04,
    "distance_from_trend": -0.98369,
    "trend_direction": "Weakening",
    "fair_value": 8790.302564,
    "distance_from_fair_value": -0.986132,
    "fair_value_direction": "Weakening",
    "relative_strength": -98.773181,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.988847,
    "excess_performance": -1.017747,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.98369,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.323575,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.986132,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.25586,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.987732,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.823793,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.988847,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.81007,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3750,
      "relative_activity": 0.634743,
      "balance": 0.81007,
      "dry_up": 1.23758,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 7.734524,
      "annualized_volatility": 6.384161,
      "from_high_reference": -0.989782,
      "from_low_reference": 0.05816
    },
    "levels": {
      "trend_reference": 7474.04,
      "fair_value_reference": 8790.302564,
      "structural_low": 115.2,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": -0.010109,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.001555,
        "regime_survival": 0.857143,
        "best_return": 0.095898,
        "worst_return": -0.080645,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.004429,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.026293,
        "regime_survival": 0.5,
        "best_return": 0.160663,
        "worst_return": -0.063253,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.060727,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.05095,
        "regime_survival": 0.333333,
        "best_return": 0.238272,
        "worst_return": -0.080685,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.137403,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.20148,
        "regime_survival": 0.0,
        "best_return": 0.299664,
        "worst_return": -0.024857,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.061473,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.03167,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-09-06",
        "tenure": "New",
        "return": 0.016321,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-13",
        "end": "2025-01-03",
        "tenure": "Established",
        "return": 0.034498,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.027852,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.028443,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.090446,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.096954,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-30",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.04603,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2026-03-27",
        "tenure": "Extended",
        "return": 0.035857,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.052533,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.014122,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-05-29",
        "tenure": "New",
        "return": 0.017167,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.021794,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-04",
        "close": 7593.0,
        "volume": 3479,
        "typical_volume": 2797.9,
        "trend": 7155.333333,
        "fair_value": 7134.974359,
        "relative_strength": 8.689826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.246066,
        "energy": 74.070967,
        "activity_lines": [
          7666.066667,
          7593.981818,
          7434.8,
          7315.204301
        ]
      },
      {
        "date": "2023-08-11",
        "close": 7566.0,
        "volume": 710,
        "typical_volume": 2780.2,
        "trend": 7181.7,
        "fair_value": 7148.833333,
        "relative_strength": 6.066084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.229652,
        "energy": 66.163633,
        "activity_lines": [
          7638.533333,
          7603.581818,
          7460.790476,
          7341.698925
        ]
      },
      {
        "date": "2023-08-25",
        "close": 7500.0,
        "volume": 160,
        "typical_volume": 2672.25,
        "trend": 7203.633333,
        "fair_value": 7168.570513,
        "relative_strength": 7.716218,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.405275,
        "energy": 53.640319,
        "activity_lines": [
          7585.0,
          7593.618182,
          7478.690476,
          7362.234409
        ]
      },
      {
        "date": "2023-09-01",
        "close": 7520.0,
        "volume": 54,
        "typical_volume": 1970.55,
        "trend": 7226.5,
        "fair_value": 7187.910256,
        "relative_strength": 7.340867,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.546202,
        "energy": 36.196088,
        "activity_lines": [
          7548.0,
          7583.836364,
          7495.461905,
          7382.645161
        ]
      },
      {
        "date": "2023-09-08",
        "close": 7571.0,
        "volume": 2622,
        "typical_volume": 2059.0,
        "trend": 7251.066667,
        "fair_value": 7205.916667,
        "relative_strength": 8.954372,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.301481,
        "energy": 31.218281,
        "activity_lines": [
          7544.0,
          7582.436364,
          7513.366667,
          7404.870968
        ]
      },
      {
        "date": "2023-09-15",
        "close": 7545.0,
        "volume": 65,
        "typical_volume": 2024.75,
        "trend": 7281.733333,
        "fair_value": 7220.852564,
        "relative_strength": 7.238765,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.075492,
        "energy": 28.955996,
        "activity_lines": [
          7542.333333,
          7575.2,
          7524.819048,
          7423.834409
        ]
      },
      {
        "date": "2023-09-22",
        "close": 7493.0,
        "volume": 84,
        "typical_volume": 1900.45,
        "trend": 7307.633333,
        "fair_value": 7235.384615,
        "relative_strength": 5.340303,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.738186,
        "energy": 27.352206,
        "activity_lines": [
          7526.533333,
          7556.745455,
          7529.590476,
          7437.464516
        ]
      },
      {
        "date": "2023-09-29",
        "close": 7427.0,
        "volume": 7,
        "typical_volume": 1887.35,
        "trend": 7324.666667,
        "fair_value": 7248.397436,
        "relative_strength": 5.012876,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.916644,
        "energy": 13.771289,
        "activity_lines": [
          7493.6,
          7526.527273,
          7526.62381,
          7445.165591
        ]
      },
      {
        "date": "2023-10-06",
        "close": 7131.0,
        "volume": 803,
        "typical_volume": 1919.1,
        "trend": 7329.533333,
        "fair_value": 7259.50641,
        "relative_strength": 1.44696,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -27.591667,
        "energy": 35.102593,
        "activity_lines": [
          7366.866667,
          7446.509091,
          7494.285714,
          7432.670968
        ]
      },
      {
        "date": "2023-10-20",
        "close": 7198.0,
        "volume": 945,
        "typical_volume": 1942.0,
        "trend": 7333.533333,
        "fair_value": 7269.333333,
        "relative_strength": 11.83713,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.810473,
        "energy": 47.625847,
        "activity_lines": [
          7288.4,
          7390.109091,
          7468.695238,
          7424.184946
        ]
      },
      {
        "date": "2023-10-27",
        "close": 6971.0,
        "volume": 1571,
        "typical_volume": 1999.85,
        "trend": 7326.133333,
        "fair_value": 7276.339744,
        "relative_strength": 12.196637,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -54.860376,
        "energy": 79.281203,
        "activity_lines": [
          7159.133333,
          7302.218182,
          7421.480952,
          7400.795699
        ]
      },
      {
        "date": "2023-11-03",
        "close": 7009.0,
        "volume": 423,
        "typical_volume": 1978.3,
        "trend": 7320.2,
        "fair_value": 7283.628205,
        "relative_strength": 7.009152,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -54.259427,
        "energy": 83.407712,
        "activity_lines": [
          7080.8,
          7232.545455,
          7379.22381,
          7380.335484
        ]
      },
      {
        "date": "2023-11-10",
        "close": 7324.0,
        "volume": 1926,
        "typical_volume": 2051.55,
        "trend": 7335.566667,
        "fair_value": 7293.608974,
        "relative_strength": 10.183169,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.067788,
        "energy": 67.021455,
        "activity_lines": [
          7139.733333,
          7230.272727,
          7367.638095,
          7380.580645
        ]
      },
      {
        "date": "2023-11-17",
        "close": 7353.0,
        "volume": 188,
        "typical_volume": 1888.35,
        "trend": 7356.066667,
        "fair_value": 7303.320513,
        "relative_strength": 9.028544,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.114615,
        "energy": 40.773717,
        "activity_lines": [
          7215.2,
          7236.472727,
          7358.747619,
          7381.705376
        ]
      },
      {
        "date": "2023-11-24",
        "close": 7633.0,
        "volume": 2110,
        "typical_volume": 1964.9,
        "trend": 7385.966667,
        "fair_value": 7313.788462,
        "relative_strength": 8.058014,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 20.23592,
        "energy": 20.720943,
        "activity_lines": [
          7369.2,
          7296.618182,
          7377.085714,
          7399.572043
        ]
      },
      {
        "date": "2023-12-01",
        "close": 7652.0,
        "volume": 653,
        "typical_volume": 1799.55,
        "trend": 7401.633333,
        "fair_value": 7324.076923,
        "relative_strength": 9.249888,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 33.202099,
        "energy": 41.049381,
        "activity_lines": [
          7500.533333,
          7359.090909,
          7396.647619,
          7416.735484
        ]
      },
      {
        "date": "2023-12-08",
        "close": 7648.0,
        "volume": 555,
        "typical_volume": 1351.85,
        "trend": 7416.966667,
        "fair_value": 7333.698718,
        "relative_strength": 7.048409,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.312857,
        "energy": 47.738919,
        "activity_lines": [
          7585.133333,
          7418.890909,
          7414.857143,
          7432.630108
        ]
      },
      {
        "date": "2023-12-15",
        "close": 7930.0,
        "volume": 727,
        "typical_volume": 1159.5,
        "trend": 7442.0,
        "fair_value": 7345.455128,
        "relative_strength": 9.164482,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 79.290382,
        "energy": 79.399993,
        "activity_lines": [
          7721.133333,
          7527.145455,
          7459.247619,
          7465.729032
        ]
      },
      {
        "date": "2023-12-22",
        "close": 7979.0,
        "volume": 1029,
        "typical_volume": 948.2,
        "trend": 7467.7,
        "fair_value": 7357.551282,
        "relative_strength": 7.625246,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 86.046717,
        "energy": 91.969712,
        "activity_lines": [
          7833.066667,
          7635.163636,
          7506.961905,
          7500.374194
        ]
      },
      {
        "date": "2023-12-29",
        "close": 8022.0,
        "volume": 2136,
        "typical_volume": 1012.35,
        "trend": 7495.2,
        "fair_value": 7368.628205,
        "relative_strength": 7.514012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.583608,
        "energy": 93.269376,
        "activity_lines": [
          7917.6,
          7735.581818,
          7557.728571,
          7536.135484
        ]
      },
      {
        "date": "2024-01-05",
        "close": 7953.0,
        "volume": 14283,
        "typical_volume": 1552.55,
        "trend": 7518.566667,
        "fair_value": 7378.807692,
        "relative_strength": 4.849332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.185433,
        "energy": 88.111598,
        "activity_lines": [
          7953.2,
          7808.472727,
          7600.561905,
          7565.670968
        ]
      },
      {
        "date": "2024-01-12",
        "close": 8022.0,
        "volume": 4126,
        "typical_volume": 1723.35,
        "trend": 7547.633333,
        "fair_value": 7389.275641,
        "relative_strength": 6.065469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.56068,
        "energy": 89.822559,
        "activity_lines": [
          7991.733333,
          7876.054545,
          7648.252381,
          7598.150538
        ]
      },
      {
        "date": "2024-01-19",
        "close": 7928.0,
        "volume": 5496,
        "typical_volume": 1990.15,
        "trend": 7568.233333,
        "fair_value": 7398.346154,
        "relative_strength": 5.715364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.343872,
        "energy": 83.619689,
        "activity_lines": [
          7974.0,
          7908.127273,
          7684.819048,
          7622.690323
        ]
      },
      {
        "date": "2024-01-26",
        "close": 8122.0,
        "volume": 5079,
        "typical_volume": 2241.4,
        "trend": 7589.933333,
        "fair_value": 7410.153846,
        "relative_strength": 8.613479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.727689,
        "energy": 86.122259,
        "activity_lines": [
          8021.066667,
          7964.490909,
          7737.82381,
          7658.417204
        ]
      },
      {
        "date": "2024-02-02",
        "close": 8084.0,
        "volume": 3265,
        "typical_volume": 2273.55,
        "trend": 7609.066667,
        "fair_value": 7421.557692,
        "relative_strength": 8.262042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.587896,
        "energy": 72.234737,
        "activity_lines": [
          8045.933333,
          7999.963636,
          7784.342857,
          7690.292473
        ]
      },
      {
        "date": "2024-02-09",
        "close": 8262.0,
        "volume": 4017,
        "typical_volume": 2471.15,
        "trend": 7636.2,
        "fair_value": 7435.442308,
        "relative_strength": 9.401445,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.857615,
        "energy": 86.157987,
        "activity_lines": [
          8126.0,
          8059.6,
          7845.371429,
          7732.417204
        ]
      },
      {
        "date": "2024-02-16",
        "close": 8214.0,
        "volume": 2006,
        "typical_volume": 2567.25,
        "trend": 7659.8,
        "fair_value": 7447.910256,
        "relative_strength": 6.653329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.229514,
        "energy": 86.177002,
        "activity_lines": [
          8169.466667,
          8099.418182,
          7898.414286,
          7769.694624
        ]
      },
      {
        "date": "2024-02-23",
        "close": 8353.0,
        "volume": 4390,
        "typical_volume": 2786.4,
        "trend": 7683.3,
        "fair_value": 7460.352564,
        "relative_strength": 5.159624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.959995,
        "energy": 93.754353,
        "activity_lines": [
          8246.466667,
          8154.218182,
          7961.261905,
          7814.417204
        ]
      },
      {
        "date": "2024-03-01",
        "close": 8378.0,
        "volume": 1787,
        "typical_volume": 2835.6,
        "trend": 7703.9,
        "fair_value": 7474.711538,
        "relative_strength": 3.446363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.689561,
        "energy": 93.262494,
        "activity_lines": [
          8303.466667,
          8205.872727,
          8022.080952,
          7859.236559
        ]
      },
      {
        "date": "2024-03-08",
        "close": 8467.0,
        "volume": 1029,
        "typical_volume": 2839.8,
        "trend": 7728.266667,
        "fair_value": 7487.25641,
        "relative_strength": 4.682407,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.13391,
        "energy": 91.16638,
        "activity_lines": [
          8373.066667,
          8266.454545,
          8085.438095,
          7908.468817
        ]
      },
      {
        "date": "2024-03-15",
        "close": 8577.0,
        "volume": 2111,
        "typical_volume": 2866.8,
        "trend": 7761.066667,
        "fair_value": 7499.346154,
        "relative_strength": 8.784099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.352841,
        "energy": 96.572556,
        "activity_lines": [
          8453.8,
          8338.945455,
          8153.228571,
          7963.225806
        ]
      },
      {
        "date": "2024-03-22",
        "close": 8668.0,
        "volume": 11777,
        "typical_volume": 3434.5,
        "trend": 7797.8,
        "fair_value": 7510.948718,
        "relative_strength": 4.449724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.88613,
        "energy": 95.563015,
        "activity_lines": [
          8543.866667,
          8416.636364,
          8222.038095,
          8021.737634
        ]
      },
      {
        "date": "2024-03-29",
        "close": 8657.0,
        "volume": 2176,
        "typical_volume": 3447.0,
        "trend": 7836.366667,
        "fair_value": 7522.108974,
        "relative_strength": 3.388055,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.384559,
        "energy": 92.279953,
        "activity_lines": [
          8600.0,
          8480.581818,
          8281.9,
          8077.169892
        ]
      },
      {
        "date": "2024-04-05",
        "close": 8631.0,
        "volume": 2884,
        "typical_volume": 3581.8,
        "trend": 7873.4,
        "fair_value": 7532.160256,
        "relative_strength": 5.479138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.620571,
        "energy": 84.678127,
        "activity_lines": [
          8627.2,
          8526.545455,
          8332.938095,
          8128.436559
        ]
      },
      {
        "date": "2024-04-12",
        "close": 8538.0,
        "volume": 2618,
        "typical_volume": 3607.2,
        "trend": 7905.633333,
        "fair_value": 7541.891026,
        "relative_strength": 4.761702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.286277,
        "energy": 68.160926,
        "activity_lines": [
          8606.533333,
          8546.345455,
          8369.033333,
          8171.313978
        ]
      },
      {
        "date": "2024-04-19",
        "close": 8343.0,
        "volume": 1509,
        "typical_volume": 3650.0,
        "trend": 7932.233333,
        "fair_value": 7549.878205,
        "relative_strength": 3.256239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.602401,
        "energy": 59.163602,
        "activity_lines": [
          8516.133333,
          8522.436364,
          8382.247619,
          8199.531183
        ]
      },
      {
        "date": "2024-04-26",
        "close": 8342.0,
        "volume": 709,
        "typical_volume": 3657.7,
        "trend": 7960.533333,
        "fair_value": 7557.858974,
        "relative_strength": 2.328045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.217181,
        "energy": 44.794176,
        "activity_lines": [
          8441.0,
          8496.872727,
          8392.07619,
          8225.967742
        ]
      },
      {
        "date": "2024-05-03",
        "close": 8280.0,
        "volume": 297,
        "typical_volume": 3636.2,
        "trend": 7988.966667,
        "fair_value": 7564.269231,
        "relative_strength": 0.729822,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.021579,
        "energy": 38.204562,
        "activity_lines": [
          8366.933333,
          8457.709091,
          8392.695238,
          8246.578495
        ]
      },
      {
        "date": "2024-05-10",
        "close": 8570.0,
        "volume": 697,
        "typical_volume": 3619.6,
        "trend": 8036.933333,
        "fair_value": 7572.192308,
        "relative_strength": 0.888199,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.828864,
        "energy": 38.217012,
        "activity_lines": [
          8414.666667,
          8472.6,
          8419.266667,
          8284.064516
        ]
      },
      {
        "date": "2024-05-17",
        "close": 8789.0,
        "volume": 1372,
        "typical_volume": 3581.4,
        "trend": 8089.966667,
        "fair_value": 7582.935897,
        "relative_strength": 4.404255,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 83.629537,
        "energy": 55.013357,
        "activity_lines": [
          8539.466667,
          8523.818182,
          8463.880952,
          8332.584946
        ]
      },
      {
        "date": "2024-05-24",
        "close": 8778.0,
        "volume": 4514,
        "typical_volume": 3092.95,
        "trend": 8150.2,
        "fair_value": 7592.75641,
        "relative_strength": 4.812826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.2015,
        "energy": 69.504777,
        "activity_lines": [
          8643.866667,
          8567.181818,
          8503.795238,
          8376.974194
        ]
      },
      {
        "date": "2024-05-31",
        "close": 8600.0,
        "volume": 2884,
        "typical_volume": 3030.85,
        "trend": 8203.233333,
        "fair_value": 7600.320513,
        "relative_strength": 0.937839,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.476013,
        "energy": 62.297761,
        "activity_lines": [
          8659.933333,
          8574.527273,
          8522.828571,
          8405.993548
        ]
      },
      {
        "date": "2024-06-07",
        "close": 8822.0,
        "volume": 5156,
        "typical_volume": 3013.85,
        "trend": 8253.166667,
        "fair_value": 7609.269231,
        "relative_strength": 5.15395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.870764,
        "energy": 82.980559,
        "activity_lines": [
          8732.8,
          8623.472727,
          8560.252381,
          8445.913978
        ]
      },
      {
        "date": "2024-06-14",
        "close": 8873.0,
        "volume": 12018,
        "typical_volume": 3360.8,
        "trend": 8303.833333,
        "fair_value": 7619.942308,
        "relative_strength": 4.437017,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.661181,
        "energy": 84.206106,
        "activity_lines": [
          8786.533333,
          8678.690909,
          8598.27619,
          8485.903226
        ]
      },
      {
        "date": "2024-06-21",
        "close": 8909.0,
        "volume": 3505,
        "typical_volume": 3372.8,
        "trend": 8346.366667,
        "fair_value": 7629.692308,
        "relative_strength": 5.673963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.252048,
        "energy": 67.406885,
        "activity_lines": [
          8832.066667,
          8736.054545,
          8636.152381,
          8524.946237
        ]
      },
      {
        "date": "2024-06-28",
        "close": 8871.0,
        "volume": 3215,
        "typical_volume": 3332.7,
        "trend": 8387.0,
        "fair_value": 7638.878205,
        "relative_strength": 4.628226,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.923499,
        "energy": 70.915953,
        "activity_lines": [
          8856.933333,
          8779.763636,
          8666.480952,
          8558.793548
        ]
      },
      {
        "date": "2024-07-05",
        "close": 8949.0,
        "volume": 3909,
        "typical_volume": 3427.85,
        "trend": 8430.366667,
        "fair_value": 7649.467949,
        "relative_strength": 3.296017,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.473097,
        "energy": 73.507676,
        "activity_lines": [
          8901.6,
          8828.054545,
          8701.338095,
          8595.051613
        ]
      },
      {
        "date": "2024-07-12",
        "close": 9122.0,
        "volume": 3642,
        "typical_volume": 3390.45,
        "trend": 8470.1,
        "fair_value": 7659.961538,
        "relative_strength": 2.562106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.554405,
        "energy": 82.01274,
        "activity_lines": [
          8980.666667,
          8896.763636,
          8749.171429,
          8639.673118
        ]
      },
      {
        "date": "2024-07-19",
        "close": 9092.0,
        "volume": 4269,
        "typical_volume": 3514.55,
        "trend": 8507.2,
        "fair_value": 7669.294872,
        "relative_strength": 3.419384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.238522,
        "energy": 85.616876,
        "activity_lines": [
          9029.733333,
          8944.709091,
          8790.485714,
          8679.795699
        ]
      },
      {
        "date": "2024-07-26",
        "close": 9013.0,
        "volume": 1110,
        "typical_volume": 3518.6,
        "trend": 8540.233333,
        "fair_value": 7677.897436,
        "relative_strength": 2.323761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.108951,
        "energy": 77.643773,
        "activity_lines": [
          9037.866667,
          8968.8,
          8820.87619,
          8712.427957
        ]
      },
      {
        "date": "2024-08-02",
        "close": 8970.0,
        "volume": 1168,
        "typical_volume": 3471.45,
        "trend": 8574.133333,
        "fair_value": 7685.576923,
        "relative_strength": 4.872537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.193728,
        "energy": 64.380505,
        "activity_lines": [
          9024.733333,
          8981.0,
          8844.571429,
          8740.154839
        ]
      },
      {
        "date": "2024-08-09",
        "close": 8500.0,
        "volume": 11260,
        "typical_volume": 3445.6,
        "trend": 8590.066667,
        "fair_value": 7689.762821,
        "relative_strength": -1.761484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 14.870393,
        "energy": 16.84327,
        "activity_lines": [
          8848.333333,
          8904.254545,
          8821.633333,
          8735.372043
        ]
      },
      {
        "date": "2024-08-16",
        "close": 8823.0,
        "volume": 1928,
        "typical_volume": 3433.2,
        "trend": 8619.9,
        "fair_value": 7696.653846,
        "relative_strength": -0.553874,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.723215,
        "energy": 25.136916,
        "activity_lines": [
          8809.533333,
          8888.054545,
          8830.257143,
          8750.4
        ]
      },
      {
        "date": "2024-08-23",
        "close": 9115.0,
        "volume": 882,
        "typical_volume": 3333.1,
        "trend": 8653.0,
        "fair_value": 7705.378205,
        "relative_strength": 2.733157,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.789044,
        "energy": 28.447503,
        "activity_lines": [
          8888.0,
          8924.927273,
          8865.9,
          8782.341935
        ]
      },
      {
        "date": "2024-08-30",
        "close": 9152.0,
        "volume": 1192,
        "typical_volume": 3261.8,
        "trend": 8688.6,
        "fair_value": 7714.807692,
        "relative_strength": 0.954148,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.23277,
        "energy": 34.12435,
        "activity_lines": [
          8977.266667,
          8964.127273,
          8902.761905,
          8814.535484
        ]
      },
      {
        "date": "2024-09-06",
        "close": 8967.0,
        "volume": 2321,
        "typical_volume": 3302.4,
        "trend": 8712.1,
        "fair_value": 7721.826923,
        "relative_strength": -0.189549,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.134288,
        "energy": 41.033212,
        "activity_lines": [
          8995.6,
          8965.272727,
          8919.080952,
          8832.496774
        ]
      },
      {
        "date": "2024-09-13",
        "close": 9015.0,
        "volume": 1059,
        "typical_volume": 3319.9,
        "trend": 8738.8,
        "fair_value": 7729.032051,
        "relative_strength": 1.088565,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.434902,
        "energy": 50.83826,
        "activity_lines": [
          9030.133333,
          8973.4,
          8937.0,
          8852.03871
        ]
      },
      {
        "date": "2024-09-20",
        "close": 9194.0,
        "volume": 1511,
        "typical_volume": 3380.6,
        "trend": 8766.833333,
        "fair_value": 7737.096154,
        "relative_strength": 6.216264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.025062,
        "energy": 63.380243,
        "activity_lines": [
          9090.0,
          9012.872727,
          8968.761905,
          8881.406452
        ]
      },
      {
        "date": "2024-09-27",
        "close": 9354.0,
        "volume": 648,
        "typical_volume": 3378.15,
        "trend": 8799.366667,
        "fair_value": 7746.416667,
        "relative_strength": 2.384317,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.771581,
        "energy": 70.132637,
        "activity_lines": [
          9178.466667,
          9080.127273,
          9011.409524,
          8919.288172
        ]
      },
      {
        "date": "2024-10-04",
        "close": 9334.0,
        "volume": 2597,
        "typical_volume": 3439.4,
        "trend": 8828.266667,
        "fair_value": 7755.224359,
        "relative_strength": 2.082011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.414273,
        "energy": 75.781997,
        "activity_lines": [
          9244.333333,
          9138.981818,
          9048.419048,
          8953.780645
        ]
      },
      {
        "date": "2024-10-11",
        "close": 9298.0,
        "volume": 4568,
        "typical_volume": 3442.1,
        "trend": 8852.3,
        "fair_value": 7763.685897,
        "relative_strength": 1.441058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.268265,
        "energy": 75.500737,
        "activity_lines": [
          9286.066667,
          9185.454545,
          9079.404762,
          8984.086022
        ]
      },
      {
        "date": "2024-10-18",
        "close": 9405.0,
        "volume": 1226,
        "typical_volume": 3359.2,
        "trend": 8876.866667,
        "fair_value": 7772.25,
        "relative_strength": 0.469349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.316323,
        "energy": 78.470936,
        "activity_lines": [
          9341.4,
          9245.418182,
          9118.104762,
          9019.744086
        ]
      },
      {
        "date": "2024-10-25",
        "close": 9325.0,
        "volume": 453,
        "typical_volume": 3124.05,
        "trend": 8899.133333,
        "fair_value": 7780.25641,
        "relative_strength": -1.215105,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.220324,
        "energy": 64.405292,
        "activity_lines": [
          9344.066667,
          9274.381818,
          9145.352381,
          9048.655914
        ]
      },
      {
        "date": "2024-11-01",
        "close": 9204.0,
        "volume": 5958,
        "typical_volume": 2821.05,
        "trend": 8918.233333,
        "fair_value": 7788.923077,
        "relative_strength": -4.653947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.473094,
        "energy": 45.254895,
        "activity_lines": [
          9297.666667,
          9272.218182,
          9158.680952,
          9068.324731
        ]
      },
      {
        "date": "2024-11-08",
        "close": 9408.0,
        "volume": 5237,
        "typical_volume": 2907.65,
        "trend": 8947.233333,
        "fair_value": 7797.025641,
        "relative_strength": -3.644771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.713964,
        "energy": 52.401969,
        "activity_lines": [
          9329.266667,
          9305.527273,
          9189.861905,
          9099.922581
        ]
      },
      {
        "date": "2024-11-15",
        "close": 9430.0,
        "volume": 4981,
        "typical_volume": 2995.95,
        "trend": 8983.466667,
        "fair_value": 7804.891026,
        "relative_strength": -4.974353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.177644,
        "energy": 54.562724,
        "activity_lines": [
          9363.266667,
          9338.181818,
          9220.761905,
          9131.068817
        ]
      },
      {
        "date": "2024-11-22",
        "close": 9280.0,
        "volume": 754,
        "typical_volume": 2838.2,
        "trend": 9014.733333,
        "fair_value": 7812.833333,
        "relative_strength": -6.070373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.798195,
        "energy": 46.508363,
        "activity_lines": [
          9338.466667,
          9335.145455,
          9234.714286,
          9150.2
        ]
      },
      {
        "date": "2024-11-29",
        "close": 9463.0,
        "volume": 622,
        "typical_volume": 2687.2,
        "trend": 9054.166667,
        "fair_value": 7820.711538,
        "relative_strength": -4.230364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.642493,
        "energy": 66.967014,
        "activity_lines": [
          9383.0,
          9360.563636,
          9264.519048,
          9179.12043
        ]
      },
      {
        "date": "2024-12-06",
        "close": 9614.0,
        "volume": 1524,
        "typical_volume": 2549.95,
        "trend": 9088.966667,
        "fair_value": 7828.916667,
        "relative_strength": -5.227469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.899099,
        "energy": 81.824552,
        "activity_lines": [
          9468.666667,
          9408.545455,
          9307.080952,
          9215.23871
        ]
      },
      {
        "date": "2024-12-13",
        "close": 9601.0,
        "volume": 2108,
        "typical_volume": 2599.85,
        "trend": 9116.033333,
        "fair_value": 7837.134615,
        "relative_strength": -5.68532,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.652827,
        "energy": 83.274581,
        "activity_lines": [
          9522.666667,
          9449.436364,
          9345.919048,
          9248.273118
        ]
      },
      {
        "date": "2024-12-20",
        "close": 9322.0,
        "volume": 8402,
        "typical_volume": 2961.55,
        "trend": 9134.166667,
        "fair_value": 7843.833333,
        "relative_strength": -9.521372,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.804295,
        "energy": 56.886535,
        "activity_lines": [
          9470.8,
          9434.745455,
          9355.385714,
          9261.56129
        ]
      },
      {
        "date": "2024-12-27",
        "close": 9405.0,
        "volume": 13981,
        "typical_volume": 3097.6,
        "trend": 9161.0,
        "fair_value": 7851.564103,
        "relative_strength": -9.155608,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.902046,
        "energy": 47.643466,
        "activity_lines": [
          9453.8,
          9434.709091,
          9371.080952,
          9279.034409
        ]
      },
      {
        "date": "2025-01-03",
        "close": 9326.0,
        "volume": 15496,
        "typical_volume": 3776.0,
        "trend": 9177.8,
        "fair_value": 7859.820513,
        "relative_strength": -11.058987,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.561661,
        "energy": 26.859897,
        "activity_lines": [
          9402.133333,
          9420.309091,
          9374.942857,
          9289.67957
        ]
      },
      {
        "date": "2025-01-10",
        "close": 9299.0,
        "volume": 3268,
        "typical_volume": 3895.3,
        "trend": 9192.0,
        "fair_value": 7868.839744,
        "relative_strength": -12.418678,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.956824,
        "energy": 24.128305,
        "activity_lines": [
          9350.6,
          9400.981818,
          9373.838095,
          9297.498925
        ]
      },
      {
        "date": "2025-01-17",
        "close": 9341.0,
        "volume": 2867,
        "typical_volume": 3979.05,
        "trend": 9206.4,
        "fair_value": 7877.314103,
        "relative_strength": -14.409621,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.870161,
        "energy": 19.60163,
        "activity_lines": [
          9334.066667,
          9387.563636,
          9375.857143,
          9307.111828
        ]
      },
      {
        "date": "2025-01-24",
        "close": 9543.0,
        "volume": 793,
        "typical_volume": 3902.65,
        "trend": 9228.8,
        "fair_value": 7885.442308,
        "relative_strength": -12.035116,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.46938,
        "energy": 21.654101,
        "activity_lines": [
          9402.2,
          9412.090909,
          9396.214286,
          9328.827957
        ]
      },
      {
        "date": "2025-01-31",
        "close": 9558.0,
        "volume": 2548,
        "typical_volume": 3977.1,
        "trend": 9249.1,
        "fair_value": 7893.378205,
        "relative_strength": -9.192429,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.434388,
        "energy": 35.586491,
        "activity_lines": [
          9460.6,
          9437.290909,
          9415.257143,
          9350.066667
        ]
      },
      {
        "date": "2025-02-07",
        "close": 9598.0,
        "volume": 6796,
        "typical_volume": 4241.35,
        "trend": 9264.966667,
        "fair_value": 7900.826923,
        "relative_strength": -10.702272,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.519822,
        "energy": 55.156422,
        "activity_lines": [
          9522.133333,
          9464.709091,
          9435.52381,
          9372.576344
        ]
      },
      {
        "date": "2025-02-14",
        "close": 9594.0,
        "volume": 469,
        "typical_volume": 4232.4,
        "trend": 9281.7,
        "fair_value": 7908.032051,
        "relative_strength": -10.193078,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.440265,
        "energy": 67.670859,
        "activity_lines": [
          9564.2,
          9488.945455,
          9453.485714,
          9393.804301
        ]
      },
      {
        "date": "2025-02-21",
        "close": 9735.0,
        "volume": 1268,
        "typical_volume": 4165.95,
        "trend": 9305.766667,
        "fair_value": 7917.051282,
        "relative_strength": -9.225474,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.559401,
        "energy": 77.435618,
        "activity_lines": [
          9633.6,
          9539.181818,
          9483.733333,
          9423.049462
        ]
      },
      {
        "date": "2025-02-28",
        "close": 9555.0,
        "volume": 141,
        "typical_volume": 3944.6,
        "trend": 9325.266667,
        "fair_value": 7924.134615,
        "relative_strength": -9.104059,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.637147,
        "energy": 64.560485,
        "activity_lines": [
          9616.733333,
          9554.254545,
          9494.928571,
          9439.129032
        ]
      },
      {
        "date": "2025-03-07",
        "close": 9325.0,
        "volume": 8269,
        "typical_volume": 4296.75,
        "trend": 9352.766667,
        "fair_value": 7930.74359,
        "relative_strength": -10.963951,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 25.67537,
        "energy": 21.459834,
        "activity_lines": [
          9522.4,
          9523.272727,
          9482.995238,
          9439.111828
        ]
      },
      {
        "date": "2025-03-14",
        "close": 9022.0,
        "volume": 382,
        "typical_volume": 4293.2,
        "trend": 9359.4,
        "fair_value": 7934.685897,
        "relative_strength": -14.993121,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -34.561464,
        "energy": 27.493202,
        "activity_lines": [
          9342.6,
          9438.654545,
          9442.585714,
          9417.772043
        ]
      },
      {
        "date": "2025-03-21",
        "close": 9132.0,
        "volume": 591,
        "typical_volume": 4024.85,
        "trend": 9359.966667,
        "fair_value": 7938.384615,
        "relative_strength": -13.353344,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.108291,
        "energy": 42.73145,
        "activity_lines": [
          9237.866667,
          9379.563636,
          9414.095238,
          9403.101075
        ]
      },
      {
        "date": "2025-03-28",
        "close": 9323.0,
        "volume": 903,
        "typical_volume": 3808.15,
        "trend": 9365.666667,
        "fair_value": 7943.269231,
        "relative_strength": -9.862085,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.902434,
        "energy": 39.284484,
        "activity_lines": [
          9227.6,
          9358.236364,
          9404.138095,
          9400.716129
        ]
      },
      {
        "date": "2025-04-04",
        "close": 8905.0,
        "volume": 1415,
        "typical_volume": 3629.85,
        "trend": 9363.6,
        "fair_value": 7945.923077,
        "relative_strength": -13.132694,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -58.021607,
        "energy": 74.453484,
        "activity_lines": [
          9105.466667,
          9261.236364,
          9354.77619,
          9370.995699
        ]
      },
      {
        "date": "2025-04-11",
        "close": 8206.0,
        "volume": 5321,
        "typical_volume": 3858.2,
        "trend": 9336.633333,
        "fair_value": 7945.820513,
        "relative_strength": -18.548975,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -95.643289,
        "energy": 94.151322,
        "activity_lines": [
          8793.666667,
          9048.745455,
          9241.342857,
          9296.311828
        ]
      },
      {
        "date": "2025-04-18",
        "close": 8633.0,
        "volume": 1540,
        "typical_volume": 3904.1,
        "trend": 9317.933333,
        "fair_value": 7950.967949,
        "relative_strength": -16.47371,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.002457,
        "energy": 86.254148,
        "activity_lines": [
          8698.8,
          8938.472727,
          9173.690476,
          9250.916129
        ]
      },
      {
        "date": "2025-04-25",
        "close": 8746.0,
        "volume": 9983,
        "typical_volume": 4327.05,
        "trend": 9297.666667,
        "fair_value": 7954.589744,
        "relative_strength": -15.602011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.869186,
        "energy": 82.965274,
        "activity_lines": [
          8667.533333,
          8866.290909,
          9120.752381,
          9214.017204
        ]
      },
      {
        "date": "2025-05-02",
        "close": 8997.0,
        "volume": 29,
        "typical_volume": 4223.1,
        "trend": 9286.433333,
        "fair_value": 7960.717949,
        "relative_strength": -13.279717,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.951626,
        "energy": 61.713968,
        "activity_lines": [
          8745.666667,
          8855.163636,
          9095.852381,
          9194.619355
        ]
      },
      {
        "date": "2025-05-09",
        "close": 9146.0,
        "volume": 1815,
        "typical_volume": 3893.75,
        "trend": 9281.366667,
        "fair_value": 7967.935897,
        "relative_strength": -15.476859,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.172323,
        "energy": 33.558669,
        "activity_lines": [
          8895.2,
          8884.545455,
          9088.019048,
          9185.55914
        ]
      },
      {
        "date": "2025-05-16",
        "close": 9451.0,
        "volume": 1027,
        "typical_volume": 3246.05,
        "trend": 9282.9,
        "fair_value": 7981.326923,
        "relative_strength": -12.092411,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -12.571264,
        "energy": 18.782375,
        "activity_lines": [
          9130.333333,
          8976.818182,
          9110.071429,
          9196.503226
        ]
      },
      {
        "date": "2025-05-23",
        "close": 9470.0,
        "volume": 901,
        "typical_volume": 2516.3,
        "trend": 9287.733333,
        "fair_value": 7992.076923,
        "relative_strength": -10.363678,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 14.053373,
        "energy": 27.89489,
        "activity_lines": [
          9288.8,
          9070.254545,
          9133.714286,
          9208.574194
        ]
      },
      {
        "date": "2025-05-30",
        "close": 9559.0,
        "volume": 2215,
        "typical_volume": 2463.65,
        "trend": 9299.566667,
        "fair_value": 8005.211538,
        "relative_strength": -12.818481,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.753974,
        "energy": 37.758913,
        "activity_lines": [
          9421.133333,
          9171.727273,
          9165.147619,
          9226.075269
        ]
      },
      {
        "date": "2025-06-06",
        "close": 9677.0,
        "volume": 1015,
        "typical_volume": 2371.05,
        "trend": 9308.533333,
        "fair_value": 8018.108974,
        "relative_strength": -12.420384,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.720881,
        "energy": 47.218836,
        "activity_lines": [
          9538.6,
          9286.890909,
          9206.580952,
          9250.425806
        ]
      },
      {
        "date": "2025-06-13",
        "close": 9749.0,
        "volume": 1530,
        "typical_volume": 2407.9,
        "trend": 9319.166667,
        "fair_value": 8028.884615,
        "relative_strength": -10.068923,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.108356,
        "energy": 64.596238,
        "activity_lines": [
          9634.733333,
          9408.709091,
          9253.271429,
          9278.843011
        ]
      },
      {
        "date": "2025-06-20",
        "close": 9600.0,
        "volume": 1905,
        "typical_volume": 2375.75,
        "trend": 9329.833333,
        "fair_value": 8039.762821,
        "relative_strength": -15.365606,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.091951,
        "energy": 57.515304,
        "activity_lines": [
          9641.0,
          9488.090909,
          9284.790476,
          9296.96129
        ]
      },
      {
        "date": "2025-06-27",
        "close": 9776.0,
        "volume": 1212,
        "typical_volume": 2096.55,
        "trend": 9340.266667,
        "fair_value": 8052.820513,
        "relative_strength": -15.446611,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.080744,
        "energy": 61.66232,
        "activity_lines": [
          9696.0,
          9574.127273,
          9332.871429,
          9325.746237
        ]
      },
      {
        "date": "2025-07-04",
        "close": 9999.0,
        "volume": 9788,
        "typical_volume": 2562.5,
        "trend": 9353.1,
        "fair_value": 8067.173077,
        "relative_strength": -16.572451,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.232705,
        "energy": 78.829242,
        "activity_lines": [
          9804.933333,
          9679.927273,
          9401.342857,
          9368.245161
        ]
      },
      {
        "date": "2025-07-11",
        "close": 10040.0,
        "volume": 773,
        "typical_volume": 2537.75,
        "trend": 9367.733333,
        "fair_value": 8083.685897,
        "relative_strength": -16.551844,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.800722,
        "energy": 91.08323,
        "activity_lines": [
          9898.2,
          9770.4,
          9471.790476,
          9412.56129
        ]
      },
      {
        "date": "2025-07-18",
        "close": 10020.0,
        "volume": 1833,
        "typical_volume": 2622.35,
        "trend": 9391.0,
        "fair_value": 8100.775641,
        "relative_strength": -14.912764,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.47221,
        "energy": 90.750527,
        "activity_lines": [
          9960.6,
          9838.272727,
          9538.880952,
          9454.643011
        ]
      },
      {
        "date": "2025-07-25",
        "close": 10190.0,
        "volume": 1187,
        "typical_volume": 2268.25,
        "trend": 9417.166667,
        "fair_value": 8122.179487,
        "relative_strength": -13.806674,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.939624,
        "energy": 94.584954,
        "activity_lines": [
          10061.6,
          9921.163636,
          9619.947619,
          9506.191398
        ]
      },
      {
        "date": "2025-08-01",
        "close": 10190.0,
        "volume": 2150,
        "typical_volume": 2356.65,
        "trend": 9445.966667,
        "fair_value": 8143.391026,
        "relative_strength": -12.737946,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.1046,
        "energy": 93.032179,
        "activity_lines": [
          10123.266667,
          9990.618182,
          9696.895238,
          9556.051613
        ]
      },
      {
        "date": "2025-08-08",
        "close": 10190.0,
        "volume": 2546,
        "typical_volume": 2454.4,
        "trend": 9475.666667,
        "fair_value": 8163.480769,
        "relative_strength": -10.043557,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.386139,
        "energy": 90.787263,
        "activity_lines": [
          10157.333333,
          10046.981818,
          9768.280952,
          9604.053763
        ]
      },
      {
        "date": "2025-08-15",
        "close": 10300.0,
        "volume": 3811,
        "typical_volume": 2599.8,
        "trend": 9507.633333,
        "fair_value": 8183.192308,
        "relative_strength": -9.666959,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.855377,
        "energy": 94.312725,
        "activity_lines": [
          10215.333333,
          10111.872727,
          9845.104762,
          9657.236559
        ]
      },
      {
        "date": "2025-08-22",
        "close": 10230.0,
        "volume": 1669,
        "typical_volume": 2612.5,
        "trend": 9530.533333,
        "fair_value": 8202.435897,
        "relative_strength": -10.76248,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.375452,
        "energy": 86.851331,
        "activity_lines": [
          10232.666667,
          10152.709091,
          9910.609524,
          9703.84086
        ]
      },
      {
        "date": "2025-08-29",
        "close": 10300.0,
        "volume": 1898,
        "typical_volume": 2441.35,
        "trend": 9555.266667,
        "fair_value": 8226.487179,
        "relative_strength": -11.846238,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.034364,
        "energy": 70.73505,
        "activity_lines": [
          10259.333333,
          10197.527273,
          9976.471429,
          9753.483871
        ]
      },
      {
        "date": "2025-09-05",
        "close": 10290.0,
        "volume": 5052,
        "typical_volume": 2616.95,
        "trend": 9578.333333,
        "fair_value": 8250.358974,
        "relative_strength": -10.786973,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.917446,
        "energy": 68.617989,
        "activity_lines": [
          10275.333333,
          10227.8,
          10031.409524,
          9800.886022
        ]
      },
      {
        "date": "2025-09-12",
        "close": 10430.0,
        "volume": 1464,
        "typical_volume": 2191.0,
        "trend": 9606.2,
        "fair_value": 8274.948718,
        "relative_strength": -10.446887,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.223046,
        "energy": 72.820596,
        "activity_lines": [
          10331.333333,
          10274.181818,
          10091.790476,
          9855.832258
        ]
      },
      {
        "date": "2025-09-19",
        "close": 10630.0,
        "volume": 9534,
        "typical_volume": 2666.25,
        "trend": 9636.033333,
        "fair_value": 8300.564103,
        "relative_strength": -6.055089,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.8965,
        "energy": 76.59434,
        "activity_lines": [
          10438.0,
          10349.090909,
          10163.2,
          9921.883871
        ]
      },
      {
        "date": "2025-09-26",
        "close": 10540.0,
        "volume": 660,
        "typical_volume": 2608.5,
        "trend": 9668.866667,
        "fair_value": 8326.326923,
        "relative_strength": -6.774437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.941988,
        "energy": 71.216098,
        "activity_lines": [
          10492.666667,
          10396.909091,
          10218.261905,
          9980.204301
        ]
      },
      {
        "date": "2025-10-03",
        "close": 10580.0,
        "volume": 1176,
        "typical_volume": 2615.95,
        "trend": 9710.7,
        "fair_value": 8351.397436,
        "relative_strength": -10.707366,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.86347,
        "energy": 86.759909,
        "activity_lines": [
          10540.0,
          10442.545455,
          10270.495238,
          10038.987097
        ]
      },
      {
        "date": "2025-10-10",
        "close": 10750.0,
        "volume": 2400,
        "typical_volume": 2690.9,
        "trend": 9768.3,
        "fair_value": 8375.858974,
        "relative_strength": -10.838753,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.626203,
        "energy": 90.734005,
        "activity_lines": [
          10625.333333,
          10512.0,
          10333.542857,
          10106.03871
        ]
      },
      {
        "date": "2025-10-17",
        "close": 10690.0,
        "volume": 1640,
        "typical_volume": 2662.15,
        "trend": 9820.233333,
        "fair_value": 8398.570513,
        "relative_strength": -9.044683,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.459189,
        "energy": 69.979483,
        "activity_lines": [
          10660.0,
          10560.363636,
          10384.780952,
          10165.503226
        ]
      },
      {
        "date": "2025-10-24",
        "close": 10680.0,
        "volume": 9813,
        "typical_volume": 3102.05,
        "trend": 9865.466667,
        "fair_value": 8420.358974,
        "relative_strength": -8.318458,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.459987,
        "energy": 68.51894,
        "activity_lines": [
          10674.0,
          10597.818182,
          10429.680952,
          10220.972043
        ]
      },
      {
        "date": "2025-10-31",
        "close": 10860.0,
        "volume": 10783,
        "typical_volume": 3564.7,
        "trend": 9930.633333,
        "fair_value": 8444.269231,
        "relative_strength": -8.475208,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.138186,
        "energy": 73.23805,
        "activity_lines": [
          10744.666667,
          10661.090909,
          10486.947619,
          10285.135484
        ]
      },
      {
        "date": "2025-11-07",
        "close": 10760.0,
        "volume": 11805,
        "typical_volume": 4059.7,
        "trend": 10015.766667,
        "fair_value": 8468.602564,
        "relative_strength": -10.545509,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.309958,
        "energy": 66.126101,
        "activity_lines": [
          10760.666667,
          10694.727273,
          10529.4,
          10338.643011
        ]
      },
      {
        "date": "2025-11-14",
        "close": 10840.0,
        "volume": 5389,
        "typical_volume": 4268.55,
        "trend": 10089.333333,
        "fair_value": 8494.705128,
        "relative_strength": -11.989567,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.669904,
        "energy": 68.420012,
        "activity_lines": [
          10791.333333,
          10734.545455,
          10573.947619,
          10391.819355
        ]
      },
      {
        "date": "2025-11-21",
        "close": 10630.0,
        "volume": 11549,
        "typical_volume": 4356.6,
        "trend": 10152.133333,
        "fair_value": 8518.846154,
        "relative_strength": -11.322297,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.606749,
        "energy": 57.776907,
        "activity_lines": [
          10746.0,
          10726.181818,
          10593.428571,
          10426.701075
        ]
      },
      {
        "date": "2025-11-28",
        "close": 10600.0,
        "volume": 5545,
        "typical_volume": 4595.2,
        "trend": 10205.566667,
        "fair_value": 8544.775641,
        "relative_strength": -11.888283,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.430524,
        "energy": 41.198454,
        "activity_lines": [
          10694.666667,
          10708.727273,
          10607.047619,
          10455.595699
        ]
      },
      {
        "date": "2025-12-05",
        "close": 10890.0,
        "volume": 4478,
        "typical_volume": 4727.45,
        "trend": 10263.7,
        "fair_value": 8574.967949,
        "relative_strength": -11.97265,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.840881,
        "energy": 49.052035,
        "activity_lines": [
          10745.333333,
          10744.545455,
          10645.619048,
          10499.752688
        ]
      },
      {
        "date": "2025-12-12",
        "close": 10890.0,
        "volume": 4056,
        "typical_volume": 4870.9,
        "trend": 10311.666667,
        "fair_value": 8605.50641,
        "relative_strength": -14.488478,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.45271,
        "energy": 48.123941,
        "activity_lines": [
          10794.0,
          10774.0,
          10680.047619,
          10540.15914
        ]
      },
      {
        "date": "2025-12-19",
        "close": 10790.0,
        "volume": 32412,
        "typical_volume": 6384.0,
        "trend": 10355.666667,
        "fair_value": 8635.403846,
        "relative_strength": -15.502389,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.828287,
        "energy": 40.686873,
        "activity_lines": [
          10800.666667,
          10779.636364,
          10701.619048,
          10571.019355
        ]
      },
      {
        "date": "2025-12-26",
        "close": 11000.0,
        "volume": 7821,
        "typical_volume": 6647.75,
        "trend": 10403.7,
        "fair_value": 8664.891026,
        "relative_strength": -12.027833,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.029051,
        "energy": 52.15809,
        "activity_lines": [
          10880.666667,
          10822.727273,
          10740.333333,
          10612.589247
        ]
      },
      {
        "date": "2026-01-02",
        "close": 10980.0,
        "volume": 3687,
        "typical_volume": 6641.55,
        "trend": 10447.133333,
        "fair_value": 8694.391026,
        "relative_strength": -13.946714,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.895446,
        "energy": 50.876384,
        "activity_lines": [
          10929.333333,
          10856.545455,
          10773.285714,
          10649.769892
        ]
      },
      {
        "date": "2026-01-09",
        "close": 11060.0,
        "volume": 1130,
        "typical_volume": 6614.6,
        "trend": 10490.833333,
        "fair_value": 8723.378205,
        "relative_strength": -16.539035,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.219883,
        "energy": 54.04063,
        "activity_lines": [
          10979.333333,
          10899.454545,
          10810.619048,
          10689.309677
        ]
      },
      {
        "date": "2026-01-16",
        "close": 11130.0,
        "volume": 15964,
        "typical_volume": 7317.9,
        "trend": 10541.833333,
        "fair_value": 8751.685897,
        "relative_strength": -18.01282,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.012066,
        "energy": 76.255356,
        "activity_lines": [
          11041.333333,
          10951.454545,
          10850.666667,
          10730.546237
        ]
      },
      {
        "date": "2026-01-23",
        "close": 11080.0,
        "volume": 18339,
        "typical_volume": 7982.25,
        "trend": 10585.3,
        "fair_value": 8779.282051,
        "relative_strength": -18.217238,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.505394,
        "energy": 63.660038,
        "activity_lines": [
          11070.666667,
          10987.636364,
          10882.0,
          10765.266667
        ]
      },
      {
        "date": "2026-01-30",
        "close": 11110.0,
        "volume": 11152,
        "typical_volume": 8466.65,
        "trend": 10622.333333,
        "fair_value": 8806.641026,
        "relative_strength": -17.820061,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.143298,
        "energy": 61.485825,
        "activity_lines": [
          11090.666667,
          11024.909091,
          10912.428571,
          10799.11828
        ]
      },
      {
        "date": "2026-02-06",
        "close": 10930.0,
        "volume": 7343,
        "typical_volume": 8357.1,
        "trend": 10652.0,
        "fair_value": 8832.897436,
        "relative_strength": -19.596188,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.809677,
        "energy": 43.952884,
        "activity_lines": [
          11043.333333,
          11020.727273,
          10922.47619,
          10818.967742
        ]
      },
      {
        "date": "2026-02-13",
        "close": 11280.0,
        "volume": 6759,
        "typical_volume": 8662.05,
        "trend": 10694.0,
        "fair_value": 8861.397436,
        "relative_strength": -18.849033,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.315996,
        "energy": 49.212666,
        "activity_lines": [
          11116.0,
          11074.181818,
          10964.428571,
          10859.483871
        ]
      },
      {
        "date": "2026-02-20",
        "close": 11160.0,
        "volume": 2063,
        "typical_volume": 8706.4,
        "trend": 10726.333333,
        "fair_value": 8890.467949,
        "relative_strength": -20.318948,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.398179,
        "energy": 44.233768,
        "activity_lines": [
          11134.0,
          11098.727273,
          10991.428571,
          10889.548387
        ]
      },
      {
        "date": "2026-02-27",
        "close": 11280.0,
        "volume": 2195,
        "typical_volume": 8696.15,
        "trend": 10762.666667,
        "fair_value": 8919.724359,
        "relative_strength": -16.889187,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.033633,
        "energy": 48.875357,
        "activity_lines": [
          11190.0,
          11140.181818,
          11027.095238,
          10925.268817
        ]
      },
      {
        "date": "2026-03-06",
        "close": 10940.0,
        "volume": 8103,
        "typical_volume": 9019.3,
        "trend": 10787.666667,
        "fair_value": 8945.519231,
        "relative_strength": -23.047488,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.021691,
        "energy": 38.654458,
        "activity_lines": [
          11119.333333,
          11110.909091,
          11027.857143,
          10936.709677
        ]
      },
      {
        "date": "2026-03-13",
        "close": 10720.0,
        "volume": 4724,
        "typical_volume": 8764.85,
        "trend": 10801.666667,
        "fair_value": 8969.461538,
        "relative_strength": -20.883377,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 13.983842,
        "energy": 10.35726,
        "activity_lines": [
          10986.666667,
          11042.727273,
          11006.47619,
          10932.344086
        ]
      },
      {
        "date": "2026-03-20",
        "close": 10600.0,
        "volume": 6156,
        "typical_volume": 8533.5,
        "trend": 10814.0,
        "fair_value": 8992.038462,
        "relative_strength": -23.700679,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -12.298808,
        "energy": 23.836109,
        "activity_lines": [
          10828.0,
          10957.454545,
          10973.47619,
          10919.333333
        ]
      },
      {
        "date": "2026-03-27",
        "close": 10400.0,
        "volume": 16952,
        "typical_volume": 8790.85,
        "trend": 10817.333333,
        "fair_value": 9012.596154,
        "relative_strength": -20.644916,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -43.720329,
        "energy": 50.155368,
        "activity_lines": [
          10648.0,
          10844.181818,
          10922.666667,
          10892.623656
        ]
      },
      {
        "date": "2026-04-03",
        "close": 10660.0,
        "volume": 3030,
        "typical_volume": 8672.9,
        "trend": 10829.666667,
        "fair_value": 9034.858974,
        "relative_strength": -19.866077,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.504932,
        "energy": 53.263081,
        "activity_lines": [
          10605.333333,
          10791.454545,
          10898.333333,
          10882.473118
        ]
      },
      {
        "date": "2026-04-10",
        "close": 10910.0,
        "volume": 1529,
        "typical_volume": 8171.9,
        "trend": 10845.666667,
        "fair_value": 9060.801282,
        "relative_strength": -22.23132,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.697651,
        "energy": 43.432003,
        "activity_lines": [
          10687.333333,
          10791.818182,
          10898.666667,
          10887.655914
        ]
      },
      {
        "date": "2026-04-17",
        "close": 11220.0,
        "volume": 4752,
        "typical_volume": 8132.25,
        "trend": 10865.333333,
        "fair_value": 9089.532051,
        "relative_strength": -18.897383,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 23.421206,
        "energy": 13.648866,
        "activity_lines": [
          10874.666667,
          10852.181818,
          10927.190476,
          10911.806452
        ]
      },
      {
        "date": "2026-04-24",
        "close": 11330.0,
        "volume": 3255,
        "typical_volume": 8071.1,
        "trend": 10891.666667,
        "fair_value": 9118.980769,
        "relative_strength": -16.82447,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 57.913037,
        "energy": 39.231331,
        "activity_lines": [
          11065.333333,
          10927.272727,
          10963.238095,
          10941.784946
        ]
      },
      {
        "date": "2026-05-01",
        "close": 11490.0,
        "volume": 4376,
        "typical_volume": 8087.1,
        "trend": 10922.0,
        "fair_value": 9146.596154,
        "relative_strength": -16.339636,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 76.152043,
        "energy": 56.60741,
        "activity_lines": [
          11260.666667,
          11030.545455,
          11012.428571,
          10980.387097
        ]
      },
      {
        "date": "2026-05-08",
        "close": 11650.0,
        "volume": 4563,
        "typical_volume": 6694.65,
        "trend": 10952.0,
        "fair_value": 9175.198718,
        "relative_strength": -16.39385,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.877784,
        "energy": 82.727474,
        "activity_lines": [
          11436.666667,
          11156.909091,
          11074.0,
          11027.354839
        ]
      },
      {
        "date": "2026-05-15",
        "close": 11670.0,
        "volume": 811,
        "typical_volume": 6344.15,
        "trend": 10984.666667,
        "fair_value": 9203.987179,
        "relative_strength": -13.255024,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.057553,
        "energy": 88.133096,
        "activity_lines": [
          11553.333333,
          11280.181818,
          11133.380952,
          11073.677419
        ]
      },
      {
        "date": "2026-05-22",
        "close": 11630.0,
        "volume": 4672,
        "typical_volume": 6393.4,
        "trend": 11016.333333,
        "fair_value": 9232.333333,
        "relative_strength": -13.186391,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.98156,
        "energy": 86.135184,
        "activity_lines": [
          11606.0,
          11382.909091,
          11185.761905,
          11115.311828
        ]
      },
      {
        "date": "2026-05-29",
        "close": 11850.0,
        "volume": 3074,
        "typical_volume": 6490.6,
        "trend": 11049.333333,
        "fair_value": 9262.160256,
        "relative_strength": -12.299396,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.624757,
        "energy": 90.02153,
        "activity_lines": [
          11704.666667,
          11509.090909,
          11256.0,
          11169.096774
        ]
      },
      {
        "date": "2026-06-05",
        "close": 119.3,
        "volume": 80,
        "typical_volume": 5696.4,
        "trend": 10694.643333,
        "fair_value": 9216.437821,
        "relative_strength": -99.057184,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.526852,
        "energy": 92.806057,
        "activity_lines": [
          7858.433333,
          9479.690909,
          10205.266667,
          10463.933333
        ]
      },
      {
        "date": "2026-06-12",
        "close": 115.2,
        "volume": 15778,
        "typical_volume": 5568.35,
        "trend": 10337.15,
        "fair_value": 9171.342949,
        "relative_strength": -99.084116,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.254118,
        "energy": 96.214822,
        "activity_lines": [
          4768.88,
          7636.467273,
          9206.574762,
          9781.388602
        ]
      },
      {
        "date": "2026-06-19",
        "close": 118.6,
        "volume": 13336,
        "typical_volume": 5677.55,
        "trend": 9986.77,
        "fair_value": 9125.244231,
        "relative_strength": -98.989184,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.338374,
        "energy": 96.617711,
        "activity_lines": [
          2449.446667,
          5985.585455,
          8260.42,
          9122.127312
        ]
      },
      {
        "date": "2026-06-26",
        "close": 116.1,
        "volume": 17,
        "typical_volume": 5311.25,
        "trend": 9637.306667,
        "fair_value": 9078.097436,
        "relative_strength": -98.958443,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.996344,
        "energy": 93.348688,
        "activity_lines": [
          899.273333,
          4530.456364,
          7366.367143,
          8485.309892
        ]
      },
      {
        "date": "2026-07-03",
        "close": 118.0,
        "volume": 3307,
        "typical_volume": 5138.65,
        "trend": 9278.24,
        "fair_value": 9030.712821,
        "relative_strength": -98.941879,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.999853,
        "energy": 88.099685,
        "activity_lines": [
          117.326667,
          3277.561818,
          6523.99,
          7871.161075
        ]
      },
      {
        "date": "2026-07-10",
        "close": 118.2,
        "volume": 9380,
        "typical_volume": 5504.5,
        "trend": 8919.18,
        "fair_value": 8983.726923,
        "relative_strength": -98.89664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.332023,
        "energy": 88.563014,
        "activity_lines": [
          117.58,
          2228.558182,
          5734.784286,
          7280.190753
        ]
      },
      {
        "date": "2026-07-17",
        "close": 118.9,
        "volume": 2011,
        "typical_volume": 5495.3,
        "trend": 8563.476667,
        "fair_value": 8936.373718,
        "relative_strength": -98.886113,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.991202,
        "energy": 84.367812,
        "activity_lines": [
          118.14,
          1386.441818,
          4998.225238,
          6712.430753
        ]
      },
      {
        "date": "2026-07-24",
        "close": 118.1,
        "volume": 7295,
        "typical_volume": 5454.9,
        "trend": 8200.746667,
        "fair_value": 8888.105128,
        "relative_strength": -98.895478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.958456,
        "energy": 67.994449,
        "activity_lines": [
          118.186667,
          753.836364,
          4314.738095,
          6167.567742
        ]
      },
      {
        "date": "2026-07-31",
        "close": 116.9,
        "volume": 16190,
        "typical_volume": 6028.2,
        "trend": 7838.643333,
        "fair_value": 8839.110897,
        "relative_strength": -98.849922,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.891497,
        "energy": 67.784105,
        "activity_lines": [
          117.866667,
          331.047273,
          3682.669524,
          5646.029247
        ]
      },
      {
        "date": "2026-08-07",
        "close": 121.9,
        "volume": 3750,
        "typical_volume": 5907.9,
        "trend": 7474.04,
        "fair_value": 8790.302564,
        "relative_strength": -98.773181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.416986,
        "energy": 63.876477,
        "activity_lines": [
          119.16,
          118.496364,
          3101.568095,
          5148.174839
        ]
      }
    ],
    "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."
    }
  }
}