{
  "ticker": {
    "uuid": "b41961a7-6986-46c7-91b1-c799231f525f",
    "symbol": "CSCO",
    "name": "Cisco Systems, Inc.",
    "exchange": "MEX",
    "country": "MX",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^MXX",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 55.679,
    "architecture_energy": 42.048,
    "architecture_maturity": 79.118,
    "architecture_confidence": 96,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 25.46,
        "rotation_up": 38.27,
        "upward_expansion": 61.74,
        "deceleration": 88.29,
        "rotation_down": 27.7,
        "downward_expansion": 23.08
      },
      "activity_lines": [
        2026.586654,
        2028.50633,
        1976.392899,
        1853.543529
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 2076.0,
    "trend_reference": 1692.66108,
    "distance_from_trend": 0.226471,
    "trend_direction": "Improving",
    "fair_value": 1193.682756,
    "distance_from_fair_value": 0.739156,
    "fair_value_direction": "Improving",
    "relative_strength": 32.632993,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.42237,
    "excess_performance": 0.477037,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.226471,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.145958,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.739156,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.226028,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.32633,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.2105,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.42237,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 11.071814,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 10266,
      "relative_activity": 4.159222,
      "balance": 11.071814,
      "dry_up": 1.429555,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.056906,
      "annualized_volatility": 0.4039,
      "from_high_reference": -0.073877,
      "from_low_reference": 0.701827
    },
    "levels": {
      "trend_reference": 1692.66108,
      "fair_value_reference": 1193.682756,
      "structural_low": 1277.602336,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": 0.011963,
        "positive_rate": 0.5625,
        "directional_follow_through": 0.5625,
        "median_excess_return": -0.005046,
        "regime_survival": 0.5625,
        "best_return": 0.170904,
        "worst_return": -0.134112,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.027344,
        "positive_rate": 0.555556,
        "directional_follow_through": 0.555556,
        "median_excess_return": -0.026271,
        "regime_survival": 0.222222,
        "best_return": 0.388703,
        "worst_return": -0.128597,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.045694,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.115128,
        "regime_survival": 0.4,
        "best_return": 0.115541,
        "worst_return": -0.162851,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.0795,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.117396,
        "regime_survival": 0.333333,
        "best_return": 0.139742,
        "worst_return": -0.300227,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-11-17",
        "end": "2023-12-22",
        "tenure": "Developing",
        "return": 0.026566,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-12-29",
        "end": "2024-06-21",
        "tenure": "Established",
        "return": 0.007662,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-06-28",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": 0.011487,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-09",
        "end": "2025-03-14",
        "tenure": "Extended",
        "return": 0.383046,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-21",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.061883,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.105093,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.006966,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.002697,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": -0.021176,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": 0.025177,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-07",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": 0.01862,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-16",
        "end": "2026-04-24",
        "tenure": "Established",
        "return": 0.157672,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.235737,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.044791,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 936.150269,
        "volume": 2276,
        "typical_volume": 3985.25,
        "trend": 885.317112,
        "fair_value": 972.614929,
        "relative_strength": 2.486414,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.964146,
        "energy": 57.26737,
        "activity_lines": [
          909.82384,
          893.481805,
          881.054461,
          882.191421
        ]
      },
      {
        "date": "2023-08-25",
        "close": 926.191223,
        "volume": 431,
        "typical_volume": 4005.25,
        "trend": 886.139728,
        "fair_value": 972.716045,
        "relative_strength": 1.667507,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.004918,
        "energy": 66.949712,
        "activity_lines": [
          918.555945,
          901.135534,
          885.782845,
          884.82846
        ]
      },
      {
        "date": "2023-09-01",
        "close": 982.957764,
        "volume": 570,
        "typical_volume": 4027.2,
        "trend": 888.290704,
        "fair_value": 973.393537,
        "relative_strength": 8.108415,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 89.119758,
        "energy": 89.11514,
        "activity_lines": [
          943.121594,
          918.288427,
          895.99072,
          891.074785
        ]
      },
      {
        "date": "2023-09-08",
        "close": 999.888123,
        "volume": 95,
        "typical_volume": 3256.05,
        "trend": 892.332756,
        "fair_value": 974.416067,
        "relative_strength": 11.338714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.620848,
        "energy": 94.971084,
        "activity_lines": [
          965.629029,
          936.32154,
          907.448649,
          898.274618
        ]
      },
      {
        "date": "2023-09-15",
        "close": 947.105164,
        "volume": 171,
        "typical_volume": 3254.15,
        "trend": 893.653164,
        "fair_value": 975.149617,
        "relative_strength": 7.943162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.876165,
        "energy": 83.079912,
        "activity_lines": [
          964.832288,
          942.306198,
          913.131894,
          901.808322
        ]
      },
      {
        "date": "2023-09-22",
        "close": 916.232178,
        "volume": 376,
        "typical_volume": 3202.8,
        "trend": 894.707674,
        "fair_value": 975.559129,
        "relative_strength": 3.805467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.398924,
        "energy": 60.844826,
        "activity_lines": [
          950.756844,
          941.283319,
          915.394064,
          903.265033
        ]
      },
      {
        "date": "2023-09-29",
        "close": 931.170715,
        "volume": 1429,
        "typical_volume": 3244.65,
        "trend": 896.724491,
        "fair_value": 976.251836,
        "relative_strength": 7.160456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.474507,
        "energy": 42.297404,
        "activity_lines": [
          942.988786,
          941.998921,
          918.598226,
          905.617487
        ]
      },
      {
        "date": "2023-10-06",
        "close": 956.460876,
        "volume": 7253,
        "typical_volume": 2925.75,
        "trend": 899.418471,
        "fair_value": 976.965535,
        "relative_strength": 12.513897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.071282,
        "energy": 29.877736,
        "activity_lines": [
          943.318815,
          946.379844,
          923.834503,
          909.471447
        ]
      },
      {
        "date": "2023-10-13",
        "close": 967.42041,
        "volume": 1894,
        "typical_volume": 2968.35,
        "trend": 900.222329,
        "fair_value": 977.77873,
        "relative_strength": 14.227885,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.639025,
        "energy": 32.92388,
        "activity_lines": [
          949.068481,
          951.134716,
          929.693489,
          913.858669
        ]
      },
      {
        "date": "2023-10-20",
        "close": 976.317505,
        "volume": 1668,
        "typical_volume": 2948.2,
        "trend": 902.033219,
        "fair_value": 978.888042,
        "relative_strength": 17.624149,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.325718,
        "energy": 46.639635,
        "activity_lines": [
          959.94836,
          956.54033,
          935.978715,
          918.768035
        ]
      },
      {
        "date": "2023-10-27",
        "close": 915.024292,
        "volume": 1662,
        "typical_volume": 2449.35,
        "trend": 901.654401,
        "fair_value": 979.94213,
        "relative_strength": 8.578931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.879499,
        "energy": 30.245698,
        "activity_lines": [
          948.449678,
          949.455761,
          935.948803,
          919.606169
        ]
      },
      {
        "date": "2023-11-03",
        "close": 929.002502,
        "volume": 1556,
        "typical_volume": 1840.1,
        "trend": 901.236035,
        "fair_value": 980.996062,
        "relative_strength": 5.145629,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.131304,
        "energy": 25.033689,
        "activity_lines": [
          941.690926,
          945.296793,
          936.997968,
          921.370563
        ]
      },
      {
        "date": "2023-11-10",
        "close": 924.329834,
        "volume": 45711,
        "typical_volume": 4021.55,
        "trend": 901.818302,
        "fair_value": 981.526552,
        "relative_strength": 4.460019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.152911,
        "energy": 17.945654,
        "activity_lines": [
          933.519165,
          940.237135,
          937.373437,
          922.860485
        ]
      },
      {
        "date": "2023-11-17",
        "close": 826.940186,
        "volume": 208811,
        "typical_volume": 14370.9,
        "trend": 901.287512,
        "fair_value": 981.582963,
        "relative_strength": -8.851522,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -41.117717,
        "energy": 38.623808,
        "activity_lines": [
          895.026257,
          918.53623,
          928.177209,
          918.029639
        ]
      },
      {
        "date": "2023-11-24",
        "close": 826.940186,
        "volume": 2778,
        "typical_volume": 14342.65,
        "trend": 900.647553,
        "fair_value": 981.429594,
        "relative_strength": -9.016733,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.158513,
        "energy": 62.949788,
        "activity_lines": [
          865.898698,
          899.979834,
          919.16247,
          913.233037
        ]
      },
      {
        "date": "2023-12-01",
        "close": 832.080994,
        "volume": 3101,
        "typical_volume": 14379.65,
        "trend": 901.207593,
        "fair_value": 981.191513,
        "relative_strength": -9.765283,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.011659,
        "energy": 70.343515,
        "activity_lines": [
          848.443229,
          884.542948,
          910.844379,
          908.809388
        ]
      },
      {
        "date": "2023-12-08",
        "close": 838.895874,
        "volume": 3669,
        "typical_volume": 14403.1,
        "trend": 900.767068,
        "fair_value": 980.927571,
        "relative_strength": -9.512692,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.398612,
        "energy": 72.155994,
        "activity_lines": [
          838.788941,
          871.875152,
          903.320003,
          904.789277
        ]
      },
      {
        "date": "2023-12-15",
        "close": 854.179443,
        "volume": 4747,
        "typical_volume": 14623.2,
        "trend": 900.30508,
        "fair_value": 980.653215,
        "relative_strength": -11.887881,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.766885,
        "energy": 69.861741,
        "activity_lines": [
          840.236283,
          863.663912,
          897.44628,
          901.783624
        ]
      },
      {
        "date": "2023-12-22",
        "close": 848.908813,
        "volume": 4279,
        "typical_volume": 14661.85,
        "trend": 899.302407,
        "fair_value": 980.494462,
        "relative_strength": -12.346816,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -62.272287,
        "energy": 67.117138,
        "activity_lines": [
          844.603442,
          856.354037,
          891.133703,
          898.467736
        ]
      },
      {
        "date": "2023-12-29",
        "close": 858.802185,
        "volume": 907,
        "typical_volume": 14669.2,
        "trend": 898.729057,
        "fair_value": 980.379993,
        "relative_strength": -11.041278,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.149227,
        "energy": 46.508307,
        "activity_lines": [
          850.803817,
          852.997714,
          886.074455,
          895.854818
        ]
      },
      {
        "date": "2024-01-05",
        "close": 842.265991,
        "volume": 2098,
        "typical_volume": 14660.3,
        "trend": 898.069047,
        "fair_value": 980.051729,
        "relative_strength": -10.62455,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.697594,
        "energy": 41.73021,
        "activity_lines": [
          849.367993,
          848.771452,
          879.647413,
          892.21204
        ]
      },
      {
        "date": "2024-01-12",
        "close": 843.013489,
        "volume": 5131,
        "typical_volume": 14895.3,
        "trend": 896.803501,
        "fair_value": 979.78581,
        "relative_strength": -9.402139,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.484075,
        "energy": 39.85177,
        "activity_lines": [
          847.502336,
          846.003977,
          873.73863,
          888.660069
        ]
      },
      {
        "date": "2024-01-19",
        "close": 875.807129,
        "volume": 23503,
        "typical_volume": 16041.95,
        "trend": 897.26153,
        "fair_value": 979.733604,
        "relative_strength": -5.575323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.129556,
        "energy": 30.547504,
        "activity_lines": [
          856.293384,
          850.762419,
          871.349135,
          887.305464
        ]
      },
      {
        "date": "2024-01-26",
        "close": 901.573425,
        "volume": 12656,
        "typical_volume": 16670.0,
        "trend": 898.478888,
        "fair_value": 979.700297,
        "relative_strength": -5.131699,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.860219,
        "energy": 17.871424,
        "activity_lines": [
          872.231352,
          861.087873,
          871.923814,
          887.583651
        ]
      },
      {
        "date": "2024-02-02",
        "close": 859.709351,
        "volume": 21486,
        "typical_volume": 17735.75,
        "trend": 898.121851,
        "fair_value": 979.055216,
        "relative_strength": -11.439746,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.163189,
        "energy": 22.147142,
        "activity_lines": [
          870.703654,
          862.444709,
          868.979604,
          885.08239
        ]
      },
      {
        "date": "2024-02-09",
        "close": 853.72876,
        "volume": 14637,
        "typical_volume": 18448.8,
        "trend": 897.830699,
        "fair_value": 978.549865,
        "relative_strength": -10.485329,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.513091,
        "energy": 23.832271,
        "activity_lines": [
          867.121948,
          862.118362,
          865.881984,
          882.21832
        ]
      },
      {
        "date": "2024-02-16",
        "close": 824.025208,
        "volume": 12834,
        "typical_volume": 19019.05,
        "trend": 895.969482,
        "fair_value": 977.873185,
        "relative_strength": -13.058281,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.923032,
        "energy": 38.526502,
        "activity_lines": [
          852.874874,
          855.997773,
          860.25309,
          877.456675
        ]
      },
      {
        "date": "2024-02-23",
        "close": 836.285339,
        "volume": 27427,
        "typical_volume": 20027.75,
        "trend": 894.931236,
        "fair_value": 977.249657,
        "relative_strength": -10.819339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.437177,
        "energy": 51.915445,
        "activity_lines": [
          843.980396,
          852.376675,
          856.302044,
          873.606085
        ]
      },
      {
        "date": "2024-03-01",
        "close": 810.369568,
        "volume": 5334,
        "typical_volume": 20199.75,
        "trend": 891.468878,
        "fair_value": 976.157924,
        "relative_strength": -11.683164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.75474,
        "energy": 75.620778,
        "activity_lines": [
          829.082113,
          844.368965,
          850.455093,
          868.150494
        ]
      },
      {
        "date": "2024-03-08",
        "close": 829.308044,
        "volume": 11020,
        "typical_volume": 20667.35,
        "trend": 889.036161,
        "fair_value": 975.109942,
        "relative_strength": -8.472789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.702078,
        "energy": 71.324258,
        "activity_lines": [
          826.576912,
          840.505329,
          847.159669,
          864.140118
        ]
      },
      {
        "date": "2024-03-15",
        "close": 818.34375,
        "volume": 2362,
        "typical_volume": 20702.35,
        "trend": 885.109277,
        "fair_value": 973.933676,
        "relative_strength": -11.385557,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.564271,
        "energy": 65.895035,
        "activity_lines": [
          822.443701,
          835.184442,
          843.52007,
          859.579317
        ]
      },
      {
        "date": "2024-03-22",
        "close": 830.304932,
        "volume": 316,
        "typical_volume": 20640.35,
        "trend": 881.913068,
        "fair_value": 972.426757,
        "relative_strength": -10.403038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.101283,
        "energy": 49.399931,
        "activity_lines": [
          824.656551,
          832.473264,
          841.480016,
          856.043553
        ]
      },
      {
        "date": "2024-03-29",
        "close": 823.327393,
        "volume": 98,
        "typical_volume": 18359.7,
        "trend": 876.592055,
        "fair_value": 970.972919,
        "relative_strength": -12.037677,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.599967,
        "energy": 40.729578,
        "activity_lines": [
          824.124907,
          828.724509,
          839.245422,
          852.263832
        ]
      },
      {
        "date": "2024-04-05",
        "close": 801.787415,
        "volume": 318,
        "typical_volume": 7935.05,
        "trend": 869.988698,
        "fair_value": 969.476622,
        "relative_strength": -15.025324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.072234,
        "energy": 46.632854,
        "activity_lines": [
          817.277132,
          822.01357,
          835.440366,
          847.437726
        ]
      },
      {
        "date": "2024-04-12",
        "close": 809.875061,
        "volume": 53855,
        "typical_volume": 10488.9,
        "trend": 865.414362,
        "fair_value": 967.950101,
        "relative_strength": -11.607559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.60293,
        "energy": 42.179888,
        "activity_lines": [
          813.697384,
          818.587404,
          832.525338,
          843.559427
        ]
      },
      {
        "date": "2024-04-19",
        "close": 832.702087,
        "volume": 32,
        "typical_volume": 10335.45,
        "trend": 862.630025,
        "fair_value": 966.729651,
        "relative_strength": -7.901027,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.907679,
        "energy": 35.839582,
        "activity_lines": [
          819.022176,
          820.217684,
          831.865574,
          841.448957
        ]
      },
      {
        "date": "2024-04-26",
        "close": 819.239197,
        "volume": 6848,
        "typical_volume": 10494.4,
        "trend": 858.898975,
        "fair_value": 965.555734,
        "relative_strength": -12.354661,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.44161,
        "energy": 33.386882,
        "activity_lines": [
          818.902116,
          819.782469,
          829.920672,
          838.649549
        ]
      },
      {
        "date": "2024-05-03",
        "close": 797.878174,
        "volume": 7318,
        "typical_volume": 10622.95,
        "trend": 853.612885,
        "fair_value": 963.882966,
        "relative_strength": -13.506156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.85111,
        "energy": 39.477169,
        "activity_lines": [
          812.39943,
          815.55045,
          826.034991,
          834.712723
        ]
      },
      {
        "date": "2024-05-10",
        "close": 804.180725,
        "volume": 1868,
        "typical_volume": 10502.4,
        "trend": 848.171562,
        "fair_value": 962.348572,
        "relative_strength": -13.541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.375174,
        "energy": 36.426904,
        "activity_lines": [
          809.69421,
          813.162661,
          823.017653,
          831.523552
        ]
      },
      {
        "date": "2024-05-17",
        "close": 797.838196,
        "volume": 14335,
        "typical_volume": 11173.8,
        "trend": 842.222251,
        "fair_value": 960.802086,
        "relative_strength": -13.802581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.577608,
        "energy": 50.211946,
        "activity_lines": [
          804.715259,
          809.73421,
          819.609257,
          828.276238
        ]
      },
      {
        "date": "2024-05-24",
        "close": 775.819153,
        "volume": 13115,
        "typical_volume": 11724.65,
        "trend": 837.58208,
        "fair_value": 959.063622,
        "relative_strength": -12.662074,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.696317,
        "energy": 72.779297,
        "activity_lines": [
          793.199085,
          802.874475,
          814.394113,
          823.992167
        ]
      },
      {
        "date": "2024-05-31",
        "close": 778.9104,
        "volume": 4432,
        "typical_volume": 11689.7,
        "trend": 832.57901,
        "fair_value": 957.233258,
        "relative_strength": -11.694513,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.792733,
        "energy": 72.461031,
        "activity_lines": [
          786.505522,
          797.34996,
          809.789787,
          820.206897
        ]
      },
      {
        "date": "2024-06-07",
        "close": 843.671936,
        "volume": 12564,
        "typical_volume": 11142.75,
        "trend": 829.890413,
        "fair_value": 955.72617,
        "relative_strength": -0.39032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.477077,
        "energy": 27.41245,
        "activity_lines": [
          804.087724,
          804.534716,
          811.65848,
          820.92257
        ]
      },
      {
        "date": "2024-06-14",
        "close": 841.667236,
        "volume": 12556,
        "typical_volume": 11137.75,
        "trend": 830.381315,
        "fair_value": 954.288426,
        "relative_strength": 0.802043,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.113501,
        "energy": 9.387157,
        "activity_lines": [
          817.948775,
          810.98508,
          813.489273,
          821.682365
        ]
      },
      {
        "date": "2024-06-21",
        "close": 865.381958,
        "volume": 22011,
        "typical_volume": 11164.0,
        "trend": 831.662708,
        "fair_value": 953.15589,
        "relative_strength": 2.503209,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 31.584063,
        "energy": 31.715434,
        "activity_lines": [
          837.215633,
          821.022124,
          817.863879,
          823.940471
        ]
      },
      {
        "date": "2024-06-28",
        "close": 869.999207,
        "volume": 5323,
        "typical_volume": 10698.3,
        "trend": 832.926648,
        "fair_value": 951.990177,
        "relative_strength": 3.681427,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.166788,
        "energy": 40.716399,
        "activity_lines": [
          853.518656,
          830.889451,
          822.651211,
          826.413793
        ]
      },
      {
        "date": "2024-07-05",
        "close": 840.673401,
        "volume": 8815,
        "typical_volume": 10497.35,
        "trend": 832.985899,
        "fair_value": 950.582383,
        "relative_strength": 0.401213,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.489407,
        "energy": 44.385698,
        "activity_lines": [
          853.767741,
          834.746684,
          824.56813,
          826.913584
        ]
      },
      {
        "date": "2024-07-12",
        "close": 840.074646,
        "volume": 2886,
        "typical_volume": 9270.3,
        "trend": 832.515739,
        "fair_value": 949.159616,
        "relative_strength": -4.367127,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.082539,
        "energy": 42.039377,
        "activity_lines": [
          849.699707,
          838.10534,
          826.348748,
          827.370922
        ]
      },
      {
        "date": "2024-07-19",
        "close": 852.925232,
        "volume": 44518,
        "typical_volume": 11229.5,
        "trend": 832.64962,
        "fair_value": 947.633013,
        "relative_strength": -0.539528,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.279706,
        "energy": 27.728766,
        "activity_lines": [
          850.155021,
          843.033258,
          829.335187,
          828.687664
        ]
      },
      {
        "date": "2024-07-26",
        "close": 876.990112,
        "volume": 526,
        "typical_volume": 10704.8,
        "trend": 833.255884,
        "fair_value": 946.254373,
        "relative_strength": 3.827721,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.067283,
        "energy": 30.259165,
        "activity_lines": [
          857.881429,
          851.450344,
          834.410873,
          831.548341
        ]
      },
      {
        "date": "2024-08-02",
        "close": 879.993164,
        "volume": 1123,
        "typical_volume": 10642.85,
        "trend": 834.513456,
        "fair_value": 944.805886,
        "relative_strength": 5.345551,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 67.432977,
        "energy": 45.113468,
        "activity_lines": [
          865.834977,
          858.974314,
          839.545506,
          834.563649
        ]
      },
      {
        "date": "2024-08-09",
        "close": 867.003052,
        "volume": 10876,
        "typical_volume": 11170.85,
        "trend": 835.313108,
        "fair_value": 943.172941,
        "relative_strength": 2.281764,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.223924,
        "energy": 51.575585,
        "activity_lines": [
          868.792224,
          862.242373,
          843.149418,
          836.659752
        ]
      },
      {
        "date": "2024-08-16",
        "close": 921.388306,
        "volume": 9528,
        "typical_volume": 11642.35,
        "trend": 836.832481,
        "fair_value": 941.499846,
        "relative_strength": 6.695294,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.97362,
        "energy": 71.355712,
        "activity_lines": [
          888.122579,
          873.796975,
          851.758124,
          842.212991
        ]
      },
      {
        "date": "2024-08-23",
        "close": 966.285461,
        "volume": 5545,
        "typical_volume": 11903.7,
        "trend": 838.989549,
        "fair_value": 940.038122,
        "relative_strength": 13.045695,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.389705,
        "energy": 81.990663,
        "activity_lines": [
          916.997742,
          892.101671,
          864.175794,
          850.564796
        ]
      },
      {
        "date": "2024-08-30",
        "close": 975.763733,
        "volume": 9981,
        "typical_volume": 9710.0,
        "trend": 842.858028,
        "fair_value": 938.751707,
        "relative_strength": 15.407903,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.367927,
        "energy": 85.429982,
        "activity_lines": [
          941.47498,
          909.863904,
          876.712832,
          859.388937
        ]
      },
      {
        "date": "2024-09-06",
        "close": 961.805725,
        "volume": 4264,
        "typical_volume": 9921.6,
        "trend": 846.460594,
        "fair_value": 937.496733,
        "relative_strength": 17.862929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.071853,
        "energy": 85.685418,
        "activity_lines": [
          954.71464,
          923.081375,
          887.130589,
          867.062982
        ]
      },
      {
        "date": "2024-09-13",
        "close": 967.781982,
        "volume": 367,
        "typical_volume": 9597.55,
        "trend": 851.252486,
        "fair_value": 936.509108,
        "relative_strength": 16.444505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.233622,
        "energy": 86.222908,
        "activity_lines": [
          964.492216,
          935.71623,
          897.502735,
          874.890168
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1005.695129,
        "volume": 2058,
        "typical_volume": 9334.55,
        "trend": 856.899479,
        "fair_value": 935.708068,
        "relative_strength": 20.380571,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.362722,
        "energy": 90.04926,
        "activity_lines": [
          980.188912,
          952.933318,
          910.77831,
          884.85421
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1042.111572,
        "volume": 32228,
        "typical_volume": 10852.55,
        "trend": 864.624213,
        "fair_value": 935.209709,
        "relative_strength": 23.137266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.361242,
        "energy": 92.281823,
        "activity_lines": [
          1002.403967,
          973.760297,
          926.532514,
          896.803377
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1020.055542,
        "volume": 7075,
        "typical_volume": 10489.55,
        "trend": 870.982463,
        "fair_value": 934.459322,
        "relative_strength": 20.89763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.634452,
        "energy": 85.851887,
        "activity_lines": [
          1012.211938,
          987.137337,
          939.053139,
          906.831205
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1045.157593,
        "volume": 602,
        "typical_volume": 9863.9,
        "trend": 878.542924,
        "fair_value": 933.962217,
        "relative_strength": 24.326116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.25701,
        "energy": 86.998685,
        "activity_lines": [
          1027.434473,
          1002.477196,
          952.906257,
          918.06831
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1122.859497,
        "volume": 61438,
        "typical_volume": 12714.2,
        "trend": 888.294743,
        "fair_value": 934.055508,
        "relative_strength": 31.827452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.408235,
        "energy": 94.169069,
        "activity_lines": [
          1063.00085,
          1028.941685,
          972.876993,
          933.830669
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1113.866577,
        "volume": 47868,
        "typical_volume": 14479.4,
        "trend": 897.979382,
        "fair_value": 933.855606,
        "relative_strength": 33.459346,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.129768,
        "energy": 90.634832,
        "activity_lines": [
          1085.231087,
          1049.119162,
          990.353408,
          948.383691
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1127.840088,
        "volume": 712,
        "typical_volume": 13887.2,
        "trend": 908.847805,
        "fair_value": 933.681618,
        "relative_strength": 37.552802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.748268,
        "energy": 90.554562,
        "activity_lines": [
          1104.907731,
          1068.337672,
          1007.873992,
          963.213414
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1167.773926,
        "volume": 713,
        "typical_volume": 12822.3,
        "trend": 920.777767,
        "fair_value": 933.782715,
        "relative_strength": 38.326443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.148897,
        "energy": 91.456194,
        "activity_lines": [
          1132.18042,
          1091.879523,
          1027.83507,
          979.918325
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1167.773926,
        "volume": 6895,
        "typical_volume": 12900.9,
        "trend": 931.946828,
        "fair_value": 934.265774,
        "relative_strength": 40.859086,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.64316,
        "energy": 90.117343,
        "activity_lines": [
          1149.605217,
          1111.93028,
          1046.356187,
          995.853561
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1179.012329,
        "volume": 2012,
        "typical_volume": 12560.75,
        "trend": 943.939266,
        "fair_value": 934.228832,
        "relative_strength": 41.044646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.567267,
        "energy": 90.441741,
        "activity_lines": [
          1162.601725,
          1130.279507,
          1064.529654,
          1011.793271
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1194.722412,
        "volume": 114,
        "typical_volume": 12422.15,
        "trend": 957.167407,
        "fair_value": 934.209836,
        "relative_strength": 43.274684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.233827,
        "energy": 89.000457,
        "activity_lines": [
          1177.091406,
          1147.64456,
          1082.588181,
          1027.972828
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1211.789917,
        "volume": 40388,
        "typical_volume": 12215.65,
        "trend": 970.75438,
        "fair_value": 934.115633,
        "relative_strength": 39.662182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.566981,
        "energy": 89.736097,
        "activity_lines": [
          1191.879867,
          1164.675937,
          1100.583385,
          1044.400087
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1176.756714,
        "volume": 12298,
        "typical_volume": 12804.25,
        "trend": 983.384998,
        "fair_value": 933.614788,
        "relative_strength": 33.718711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.890361,
        "energy": 67.266219,
        "activity_lines": [
          1189.393937,
          1172.252579,
          1113.533215,
          1057.69056
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1157.792969,
        "volume": 18208,
        "typical_volume": 13658.5,
        "trend": 996.117458,
        "fair_value": 932.696996,
        "relative_strength": 35.652861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.759604,
        "energy": 65.009923,
        "activity_lines": [
          1179.987907,
          1173.532156,
          1123.249514,
          1068.942687
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1197.716675,
        "volume": 2046,
        "typical_volume": 13217.0,
        "trend": 1010.077667,
        "fair_value": 932.054222,
        "relative_strength": 39.715197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.833148,
        "energy": 65.816595,
        "activity_lines": [
          1184.555176,
          1180.022672,
          1135.445214,
          1081.949089
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1218.074707,
        "volume": 290,
        "typical_volume": 12755.1,
        "trend": 1022.55776,
        "fair_value": 931.965326,
        "relative_strength": 41.509706,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.627746,
        "energy": 65.957568,
        "activity_lines": [
          1194.661499,
          1188.853609,
          1148.004948,
          1095.368252
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1219.073364,
        "volume": 65069,
        "typical_volume": 15731.3,
        "trend": 1035.137964,
        "fair_value": 931.750124,
        "relative_strength": 38.374072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.9237,
        "energy": 65.505763,
        "activity_lines": [
          1203.543888,
          1195.971427,
          1159.246999,
          1108.046679
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1253.019531,
        "volume": 775,
        "typical_volume": 15271.0,
        "trend": 1048.059216,
        "fair_value": 932.395556,
        "relative_strength": 39.83963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.743529,
        "energy": 72.080211,
        "activity_lines": [
          1223.256103,
          1207.602488,
          1172.518267,
          1122.103554
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1254.018066,
        "volume": 2769,
        "typical_volume": 15196.25,
        "trend": 1060.859845,
        "fair_value": 933.123994,
        "relative_strength": 34.853948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.742092,
        "energy": 86.060211,
        "activity_lines": [
          1238.216976,
          1217.865181,
          1184.564368,
          1135.391222
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1247.029175,
        "volume": 10866,
        "typical_volume": 15721.2,
        "trend": 1074.405037,
        "fair_value": 933.871119,
        "relative_strength": 33.133818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.662091,
        "energy": 77.528085,
        "activity_lines": [
          1244.433211,
          1225.289091,
          1194.553372,
          1147.402146
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1281.664185,
        "volume": 466,
        "typical_volume": 15641.6,
        "trend": 1089.124689,
        "fair_value": 934.954882,
        "relative_strength": 31.370482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.571967,
        "energy": 89.499503,
        "activity_lines": [
          1258.90695,
          1237.773606,
          1206.511201,
          1160.773704
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1309.929688,
        "volume": 1592,
        "typical_volume": 14109.8,
        "trend": 1104.358171,
        "fair_value": 936.0288,
        "relative_strength": 29.814353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.469549,
        "energy": 77.152094,
        "activity_lines": [
          1278.563225,
          1253.816544,
          1219.846844,
          1175.019188
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1307.932739,
        "volume": 594,
        "typical_volume": 13785.75,
        "trend": 1118.722925,
        "fair_value": 937.102717,
        "relative_strength": 29.159498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.2831,
        "energy": 71.755337,
        "activity_lines": [
          1291.496761,
          1267.712041,
          1231.716977,
          1188.153031
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1295.951904,
        "volume": 4513,
        "typical_volume": 13981.3,
        "trend": 1132.588216,
        "fair_value": 937.895998,
        "relative_strength": 30.081502,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.859363,
        "energy": 69.93211,
        "activity_lines": [
          1296.775806,
          1277.044185,
          1241.075234,
          1199.587159
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1283.970703,
        "volume": 298,
        "typical_volume": 10924.3,
        "trend": 1146.487138,
        "fair_value": 938.765305,
        "relative_strength": 26.449992,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.766028,
        "energy": 65.476032,
        "activity_lines": [
          1295.265527,
          1281.685949,
          1248.098165,
          1209.353771
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1199.104858,
        "volume": 844,
        "typical_volume": 8573.1,
        "trend": 1155.744356,
        "fair_value": 939.220058,
        "relative_strength": 17.913076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.681809,
        "energy": 38.012008,
        "activity_lines": [
          1263.003865,
          1269.329303,
          1246.27144,
          1212.748462
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1220.071655,
        "volume": 61,
        "typical_volume": 8540.55,
        "trend": 1164.203896,
        "fair_value": 940.004581,
        "relative_strength": 18.546624,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.672754,
        "energy": 24.988482,
        "activity_lines": [
          1243.235091,
          1261.12971,
          1246.035655,
          1216.898611
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1238.54248,
        "volume": 125,
        "typical_volume": 8511.15,
        "trend": 1172.963188,
        "fair_value": 940.875477,
        "relative_strength": 18.168591,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.378416,
        "energy": 27.811305,
        "activity_lines": [
          1235.613794,
          1256.270297,
          1247.119799,
          1221.694648
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1137.378906,
        "volume": 147,
        "typical_volume": 8173.75,
        "trend": 1178.815627,
        "fair_value": 941.210236,
        "relative_strength": 11.243538,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -23.419022,
        "energy": 35.335637,
        "activity_lines": [
          1198.897322,
          1233.280726,
          1238.232323,
          1219.398888
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1144.569946,
        "volume": 409,
        "typical_volume": 8093.6,
        "trend": 1184.708559,
        "fair_value": 941.979664,
        "relative_strength": 10.997058,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -37.561018,
        "energy": 43.065052,
        "activity_lines": [
          1175.149397,
          1213.719329,
          1230.174446,
          1217.189489
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1143.271484,
        "volume": 745,
        "typical_volume": 8125.15,
        "trend": 1189.294438,
        "fair_value": 942.62611,
        "relative_strength": 7.009026,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.503175,
        "energy": 57.711195,
        "activity_lines": [
          1160.262036,
          1195.784743,
          1222.156918,
          1214.51613
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1088.629883,
        "volume": 869,
        "typical_volume": 6149.2,
        "trend": 1190.845048,
        "fair_value": 943.11976,
        "relative_strength": -5.209808,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.100992,
        "energy": 71.349057,
        "activity_lines": [
          1130.883032,
          1170.431552,
          1209.180433,
          1208.021642
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1153.568726,
        "volume": 18,
        "typical_volume": 5535.2,
        "trend": 1195.295487,
        "fair_value": 944.239898,
        "relative_strength": 1.433111,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.71333,
        "energy": 62.711304,
        "activity_lines": [
          1131.913094,
          1160.909055,
          1202.975075,
          1205.616718
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1167.541138,
        "volume": 50,
        "typical_volume": 4627.3,
        "trend": 1199.374939,
        "fair_value": 945.452788,
        "relative_strength": 0.681944,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.758134,
        "energy": 41.786307,
        "activity_lines": [
          1143.265544,
          1156.733616,
          1198.210842,
          1203.826115
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1263.421509,
        "volume": 3052,
        "typical_volume": 4677.6,
        "trend": 1204.060339,
        "fair_value": 948.200773,
        "relative_strength": 5.467529,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 8.508751,
        "energy": 13.004221,
        "activity_lines": [
          1184.567302,
          1172.325712,
          1202.531653,
          1207.958152
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1225.918091,
        "volume": 706,
        "typical_volume": 4698.4,
        "trend": 1207.79539,
        "fair_value": 950.479029,
        "relative_strength": 0.938761,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.524298,
        "energy": 18.666319,
        "activity_lines": [
          1205.444483,
          1181.472627,
          1202.96783,
          1209.368329
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1234.457642,
        "volume": 2064,
        "typical_volume": 1548.15,
        "trend": 1211.349308,
        "fair_value": 952.659206,
        "relative_strength": 1.95978,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.799484,
        "energy": 24.510719,
        "activity_lines": [
          1223.658407,
          1191.684675,
          1204.179949,
          1211.088475
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1260.425049,
        "volume": 832,
        "typical_volume": 1551.0,
        "trend": 1214.437679,
        "fair_value": 955.159616,
        "relative_strength": 3.162458,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.655756,
        "energy": 32.610435,
        "activity_lines": [
          1240.806283,
          1206.356505,
          1207.791895,
          1214.254652
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1219.246582,
        "volume": 555,
        "typical_volume": 1440.3,
        "trend": 1216.153434,
        "fair_value": 957.245599,
        "relative_strength": 0.405313,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.724515,
        "energy": 26.730308,
        "activity_lines": [
          1237.104248,
          1213.143477,
          1207.446817,
          1214.564903
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1253.433838,
        "volume": 6322,
        "typical_volume": 1213.1,
        "trend": 1218.634151,
        "fair_value": 959.693867,
        "relative_strength": 4.813194,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.000184,
        "energy": 33.208623,
        "activity_lines": [
          1241.350936,
          1224.65781,
          1210.523248,
          1216.970091
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1296.679932,
        "volume": 1571,
        "typical_volume": 1268.35,
        "trend": 1222.032735,
        "fair_value": 962.510319,
        "relative_strength": 5.726306,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.764428,
        "energy": 46.678178,
        "activity_lines": [
          1260.678833,
          1242.055726,
          1217.687856,
          1222.005302
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1278.810791,
        "volume": 1871,
        "typical_volume": 1282.3,
        "trend": 1224.266764,
        "fair_value": 965.17934,
        "relative_strength": 2.661324,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.045335,
        "energy": 53.288241,
        "activity_lines": [
          1269.332894,
          1253.415463,
          1223.079137,
          1225.668403
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1263.824707,
        "volume": 282,
        "typical_volume": 1266.7,
        "trend": 1227.169031,
        "fair_value": 967.663077,
        "relative_strength": 3.288365,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 52.177864,
        "energy": 59.431006,
        "activity_lines": [
          1270.034717,
          1258.592623,
          1227.191358,
          1228.220528
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1273.815308,
        "volume": 471,
        "typical_volume": 1064.6,
        "trend": 1231.036442,
        "fair_value": 970.029229,
        "relative_strength": 4.072696,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.507909,
        "energy": 60.463488,
        "activity_lines": [
          1273.840096,
          1263.581601,
          1232.465102,
          1231.229965
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1276.812622,
        "volume": 905,
        "typical_volume": 1094.95,
        "trend": 1233.672974,
        "fair_value": 972.350801,
        "relative_strength": 1.89647,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.036589,
        "energy": 54.965205,
        "activity_lines": [
          1275.006665,
          1267.183288,
          1238.129717,
          1234.183267
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1283.80603,
        "volume": 720,
        "typical_volume": 1088.75,
        "trend": 1235.864018,
        "fair_value": 974.736385,
        "relative_strength": 2.69974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.678726,
        "energy": 51.085414,
        "activity_lines": [
          1276.945784,
          1271.813028,
          1244.494458,
          1237.417658
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1330.442749,
        "volume": 772,
        "typical_volume": 1124.3,
        "trend": 1239.576331,
        "fair_value": 977.383769,
        "relative_strength": 3.689786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.186027,
        "energy": 69.962959,
        "activity_lines": [
          1295.288737,
          1283.869664,
          1254.897451,
          1243.519512
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1235.860718,
        "volume": 17494,
        "typical_volume": 1992.75,
        "trend": 1239.00437,
        "fair_value": 979.028655,
        "relative_strength": -4.440512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.396496,
        "energy": 36.036217,
        "activity_lines": [
          1278.662215,
          1276.984384,
          1255.767056,
          1243.279795
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1246.840454,
        "volume": 4910,
        "typical_volume": 2230.9,
        "trend": 1238.765116,
        "fair_value": 981.037077,
        "relative_strength": -5.31007,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.843779,
        "energy": 27.059011,
        "activity_lines": [
          1267.559871,
          1272.542043,
          1257.69512,
          1243.785348
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1286.803223,
        "volume": 3786,
        "typical_volume": 2399.75,
        "trend": 1240.090918,
        "fair_value": 983.564233,
        "relative_strength": -1.710849,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.45213,
        "energy": 28.35339,
        "activity_lines": [
          1271.576774,
          1274.863954,
          1262.907916,
          1246.884581
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1279.809814,
        "volume": 406,
        "typical_volume": 2382.8,
        "trend": 1240.029106,
        "fair_value": 985.959698,
        "relative_strength": -5.297895,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.365513,
        "energy": 22.321535,
        "activity_lines": [
          1272.596501,
          1275.307619,
          1266.777372,
          1249.447091
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1219.865601,
        "volume": 660,
        "typical_volume": 2372.35,
        "trend": 1237.026969,
        "fair_value": 987.970906,
        "relative_strength": -11.746583,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.893489,
        "energy": 12.479909,
        "activity_lines": [
          1253.901237,
          1265.159067,
          1264.287673,
          1248.146219
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1246.540771,
        "volume": 754,
        "typical_volume": 2409.15,
        "trend": 1234.98057,
        "fair_value": 990.703917,
        "relative_strength": -9.020461,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.755143,
        "energy": 11.348085,
        "activity_lines": [
          1251.469507,
          1260.932275,
          1263.713535,
          1248.760013
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1235.980591,
        "volume": 1169,
        "typical_volume": 2465.1,
        "trend": 1232.981527,
        "fair_value": 993.394724,
        "relative_strength": -11.400625,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.341851,
        "energy": 14.246526,
        "activity_lines": [
          1244.805713,
          1255.099705,
          1261.690941,
          1248.82453
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1249.243774,
        "volume": 588,
        "typical_volume": 2341.9,
        "trend": 1231.823962,
        "fair_value": 996.301912,
        "relative_strength": -10.042866,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.210212,
        "energy": 17.373556,
        "activity_lines": [
          1243.286971,
          1252.366526,
          1260.605605,
          1249.873708
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1268.232422,
        "volume": 842,
        "typical_volume": 2348.7,
        "trend": 1234.128215,
        "fair_value": 999.261326,
        "relative_strength": -6.620699,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.433882,
        "energy": 11.111826,
        "activity_lines": [
          1250.601741,
          1253.58708,
          1261.396225,
          1252.222641
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1281.224365,
        "volume": 3892,
        "typical_volume": 2440.1,
        "trend": 1236.166638,
        "fair_value": 1002.029218,
        "relative_strength": -7.42563,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.151535,
        "energy": 17.146552,
        "activity_lines": [
          1263.018986,
          1257.452963,
          1263.222675,
          1255.261102
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1304.210571,
        "volume": 489,
        "typical_volume": 2422.95,
        "trend": 1238.355575,
        "fair_value": 1004.74298,
        "relative_strength": -4.827781,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.080911,
        "energy": 31.563926,
        "activity_lines": [
          1279.007715,
          1266.393035,
          1267.01559,
          1259.651033
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1319.201538,
        "volume": 1128,
        "typical_volume": 2451.6,
        "trend": 1244.416329,
        "fair_value": 1007.706369,
        "relative_strength": -6.122304,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 65.617317,
        "energy": 53.940576,
        "activity_lines": [
          1296.148779,
          1276.816013,
          1272.027713,
          1264.866902
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1309.20752,
        "volume": 3879,
        "typical_volume": 2329.45,
        "trend": 1249.904248,
        "fair_value": 1010.589946,
        "relative_strength": -7.577568,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.906927,
        "energy": 60.654522,
        "activity_lines": [
          1304.410441,
          1284.106241,
          1275.612049,
          1269.046978
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1437.130127,
        "volume": 124712,
        "typical_volume": 8486.5,
        "trend": 1259.699536,
        "fair_value": 1013.879106,
        "relative_strength": 3.165237,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.671357,
        "energy": 87.718354,
        "activity_lines": [
          1351.315389,
          1314.247774,
          1291.113902,
          1281.126067
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1436.630371,
        "volume": 6065,
        "typical_volume": 8696.2,
        "trend": 1271.299552,
        "fair_value": 1017.031296,
        "relative_strength": 3.896092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.802253,
        "energy": 91.395872,
        "activity_lines": [
          1386.793905,
          1341.438073,
          1305.899348,
          1292.54096
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1392.157227,
        "volume": 11501,
        "typical_volume": 9257.15,
        "trend": 1279.252502,
        "fair_value": 1019.840891,
        "relative_strength": -1.865491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.129279,
        "energy": 84.330296,
        "activity_lines": [
          1397.087639,
          1356.601168,
          1315.697735,
          1300.338229
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1417.142212,
        "volume": 17350,
        "typical_volume": 10101.1,
        "trend": 1287.572538,
        "fair_value": 1022.86803,
        "relative_strength": 0.347288,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.211972,
        "energy": 87.044749,
        "activity_lines": [
          1409.84659,
          1373.659415,
          1327.264537,
          1309.23434
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1434.331787,
        "volume": 13439,
        "typical_volume": 10727.8,
        "trend": 1293.269548,
        "fair_value": 1026.056365,
        "relative_strength": -0.474584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.634651,
        "energy": 86.17675,
        "activity_lines": [
          1421.806022,
          1390.549192,
          1339.785933,
          1318.702678
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1422.898682,
        "volume": 6601,
        "typical_volume": 11021.85,
        "trend": 1299.835567,
        "fair_value": 1029.184163,
        "relative_strength": -0.022488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.380238,
        "energy": 60.74528,
        "activity_lines": [
          1421.612801,
          1401.994986,
          1350.46837,
          1327.065848
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1395.155518,
        "volume": 986,
        "typical_volume": 11032.55,
        "trend": 1305.192163,
        "fair_value": 1032.261638,
        "relative_strength": -4.213081,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.624309,
        "energy": 53.270856,
        "activity_lines": [
          1413.120622,
          1405.584455,
          1357.846255,
          1333.215522
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1394.565918,
        "volume": 130,
        "typical_volume": 10164.35,
        "trend": 1309.663525,
        "fair_value": 1035.332937,
        "relative_strength": -1.754715,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.324866,
        "energy": 47.268467,
        "activity_lines": [
          1407.1969,
          1406.995248,
          1364.859831,
          1338.981571
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1333.584961,
        "volume": 1440,
        "typical_volume": 9990.85,
        "trend": 1313.474805,
        "fair_value": 1038.010909,
        "relative_strength": -8.433458,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.291506,
        "energy": 24.594508,
        "activity_lines": [
          1380.785612,
          1395.67577,
          1365.309959,
          1340.52489
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1334.574585,
        "volume": 439,
        "typical_volume": 9823.5,
        "trend": 1316.179496,
        "fair_value": 1040.978302,
        "relative_strength": -9.425577,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.178655,
        "energy": 24.625626,
        "activity_lines": [
          1360.274683,
          1384.274707,
          1365.441267,
          1341.886166
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1295.596802,
        "volume": 1068,
        "typical_volume": 9856.6,
        "trend": 1316.143392,
        "fair_value": 1043.504482,
        "relative_strength": -13.016898,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.038303,
        "energy": 20.429965,
        "activity_lines": [
          1333.421639,
          1365.325555,
          1361.632922,
          1340.55825
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1354.568359,
        "volume": 3023,
        "typical_volume": 9974.75,
        "trend": 1318.668644,
        "fair_value": 1046.300251,
        "relative_strength": -7.90588,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.002866,
        "energy": 21.010507,
        "activity_lines": [
          1334.712573,
          1359.671837,
          1363.365741,
          1343.03728
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1459.535767,
        "volume": 12194,
        "typical_volume": 10546.75,
        "trend": 1325.192346,
        "fair_value": 1050.024028,
        "relative_strength": -4.961752,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.45889,
        "energy": 22.878051,
        "activity_lines": [
          1373.698454,
          1374.595139,
          1374.454013,
          1352.125482
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1323.588013,
        "volume": 5556,
        "typical_volume": 10766.1,
        "trend": 1326.851436,
        "fair_value": 1052.691304,
        "relative_strength": -14.186834,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.060736,
        "energy": 4.293053,
        "activity_lines": [
          1363.037093,
          1363.575604,
          1371.580619,
          1352.021976
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1349.92981,
        "volume": 621,
        "typical_volume": 10767.75,
        "trend": 1329.288676,
        "fair_value": 1055.674207,
        "relative_strength": -12.000439,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.6386,
        "energy": 15.854699,
        "activity_lines": [
          1361.822795,
          1359.046471,
          1370.798789,
          1353.510903
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1357.577515,
        "volume": 919,
        "typical_volume": 10771.6,
        "trend": 1331.747726,
        "fair_value": 1058.795434,
        "relative_strength": -11.005104,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.018554,
        "energy": 16.570553,
        "activity_lines": [
          1362.13405,
          1357.442412,
          1370.265854,
          1355.33599
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1416.549072,
        "volume": 6152,
        "typical_volume": 10884.6,
        "trend": 1334.617936,
        "fair_value": 1062.26279,
        "relative_strength": -1.204363,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.243802,
        "energy": 17.905432,
        "activity_lines": [
          1377.970443,
          1367.748111,
          1374.923806,
          1360.807044
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1404.462891,
        "volume": 26608,
        "typical_volume": 12190.55,
        "trend": 1340.238009,
        "fair_value": 1065.218932,
        "relative_strength": 0.56835,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 40.350572,
        "energy": 22.854404,
        "activity_lines": [
          1385.646061,
          1375.46735,
          1377.786289,
          1365.313171
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1390.567261,
        "volume": 23605,
        "typical_volume": 13314.4,
        "trend": 1345.028902,
        "fair_value": 1068.222628,
        "relative_strength": 2.060612,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 43.678251,
        "energy": 31.593198,
        "activity_lines": [
          1392.361328,
          1380.480165,
          1378.847987,
          1368.560219
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1441.551392,
        "volume": 1597,
        "typical_volume": 13200.3,
        "trend": 1350.187175,
        "fair_value": 1071.524952,
        "relative_strength": 1.910015,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 61.01694,
        "energy": 50.471153,
        "activity_lines": [
          1411.606022,
          1393.72678,
          1384.425479,
          1374.787477
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1349.579956,
        "volume": 30,
        "typical_volume": 6966.2,
        "trend": 1352.512846,
        "fair_value": 1074.140506,
        "relative_strength": -8.492965,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 36.560949,
        "energy": 20.873125,
        "activity_lines": [
          1394.085466,
          1388.306283,
          1380.613578,
          1374.748301
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1416.0,
        "volume": 291,
        "typical_volume": 6677.5,
        "trend": 1359.050659,
        "fair_value": 1077.404212,
        "relative_strength": -4.255722,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.456794,
        "energy": 25.528337,
        "activity_lines": [
          1399.238094,
          1393.980646,
          1383.544302,
          1378.844247
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1419.310059,
        "volume": 1034,
        "typical_volume": 6154.15,
        "trend": 1364.809636,
        "fair_value": 1081.09938,
        "relative_strength": -3.651996,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.171118,
        "energy": 26.010913,
        "activity_lines": [
          1405.530681,
          1399.139899,
          1386.888509,
          1382.73195
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1545.0,
        "volume": 1945,
        "typical_volume": 5383.9,
        "trend": 1375.110283,
        "fair_value": 1085.579258,
        "relative_strength": 5.481909,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 74.564232,
        "energy": 48.877084,
        "activity_lines": [
          1452.730103,
          1427.883245,
          1402.073887,
          1394.357135
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1595.0,
        "volume": 1099,
        "typical_volume": 4766.9,
        "trend": 1386.63549,
        "fair_value": 1090.577465,
        "relative_strength": 10.812375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.157891,
        "energy": 76.787052,
        "activity_lines": [
          1506.300676,
          1461.691828,
          1421.412323,
          1408.543568
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1658.0,
        "volume": 840,
        "typical_volume": 4478.85,
        "trend": 1399.627743,
        "fair_value": 1095.743416,
        "relative_strength": 11.583024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.85117,
        "energy": 87.891955,
        "activity_lines": [
          1570.641341,
          1502.499135,
          1445.985673,
          1426.050956
        ]
      },
      {
        "date": "2026-05-15",
        "close": 2046.099976,
        "volume": 20575,
        "typical_volume": 5458.3,
        "trend": 1425.123596,
        "fair_value": 1103.295089,
        "relative_strength": 40.453075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 99.347526,
        "energy": 99.392156,
        "activity_lines": [
          1743.787329,
          1608.407846,
          1506.401395,
          1467.758842
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2084.5,
        "volume": 4632,
        "typical_volume": 5683.4,
        "trend": 1451.133244,
        "fair_value": 1111.022723,
        "relative_strength": 41.136248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.552457,
        "energy": 99.02902,
        "activity_lines": [
          1887.72666,
          1709.852,
          1567.374527,
          1510.299255
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2097.340088,
        "volume": 749,
        "typical_volume": 5648.85,
        "trend": 1477.071196,
        "fair_value": 1118.851809,
        "relative_strength": 40.325891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.093324,
        "energy": 96.474927,
        "activity_lines": [
          1991.600025,
          1801.266404,
          1626.285124,
          1551.990019
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2148.9495,
        "volume": 392,
        "typical_volume": 5646.5,
        "trend": 1505.062595,
        "fair_value": 1127.10106,
        "relative_strength": 47.691563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.528097,
        "energy": 94.541968,
        "activity_lines": [
          2075.853854,
          1889.213923,
          1686.473974,
          1595.337006
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2074.699016,
        "volume": 1059,
        "typical_volume": 5646.05,
        "trend": 1526.314891,
        "fair_value": 1134.753106,
        "relative_strength": 37.664339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.584308,
        "energy": 88.588622,
        "activity_lines": [
          2098.427555,
          1950.79957,
          1735.713373,
          1632.087743
        ]
      },
      {
        "date": "2026-06-19",
        "close": 2075.219712,
        "volume": 0,
        "typical_volume": 5494.9,
        "trend": 1547.601203,
        "fair_value": 1142.529731,
        "relative_strength": 37.209435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.096702,
        "energy": 68.312603,
        "activity_lines": [
          2093.394887,
          1999.295906,
          1781.292352,
          1667.500957
        ]
      },
      {
        "date": "2026-06-26",
        "close": 2063.121381,
        "volume": 10,
        "typical_volume": 4885.7,
        "trend": 1569.966674,
        "fair_value": 1150.209658,
        "relative_strength": 36.431347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.45486,
        "energy": 66.817002,
        "activity_lines": [
          2082.388126,
          2033.606732,
          1822.287436,
          1700.760324
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1957.811281,
        "volume": 0,
        "typical_volume": 4607.9,
        "trend": 1587.988977,
        "fair_value": 1157.180112,
        "relative_strength": 28.999699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.36746,
        "energy": 62.183038,
        "activity_lines": [
          2037.70324,
          2037.064608,
          1850.378769,
          1725.782556
        ]
      },
      {
        "date": "2026-07-10",
        "close": 2077.0,
        "volume": 998,
        "typical_volume": 4626.75,
        "trend": 1609.411251,
        "fair_value": 1164.965604,
        "relative_strength": 36.978262,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.874437,
        "energy": 57.636585,
        "activity_lines": [
          2042.049847,
          2054.687499,
          1886.801298,
          1757.331655
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1971.0,
        "volume": 2454,
        "typical_volume": 4703.5,
        "trend": 1627.681294,
        "fair_value": 1171.96008,
        "relative_strength": 28.962956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.560283,
        "energy": 47.823387,
        "activity_lines": [
          2015.859754,
          2044.274027,
          1909.66635,
          1780.659961
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1987.0,
        "volume": 681,
        "typical_volume": 4429.95,
        "trend": 1647.409444,
        "fair_value": 1179.136793,
        "relative_strength": 29.668748,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.256438,
        "energy": 41.235236,
        "activity_lines": [
          2001.916263,
          2031.078737,
          1931.134152,
          1803.841813
        ]
      },
      {
        "date": "2026-07-31",
        "close": 2009.699951,
        "volume": 713,
        "typical_volume": 3135.2,
        "trend": 1667.913912,
        "fair_value": 1186.158971,
        "relative_strength": 29.261696,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.476395,
        "energy": 41.13215,
        "activity_lines": [
          2001.420736,
          2023.085256,
          1952.047421,
          1827.215394
        ]
      },
      {
        "date": "2026-08-07",
        "close": 2076.0,
        "volume": 10266,
        "typical_volume": 2468.25,
        "trend": 1692.66108,
        "fair_value": 1193.682756,
        "relative_strength": 32.632993,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.679288,
        "energy": 42.04833,
        "activity_lines": [
          2026.586654,
          2028.50633,
          1976.392899,
          1853.543529
        ]
      }
    ],
    "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."
    }
  }
}