{
  "ticker": {
    "uuid": "b77902c2-2cea-40ff-8f95-f7396061cb48",
    "symbol": "BKNG",
    "name": "Booking Holdings 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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 51.728,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "mixed",
    "architecture_direction": 62.247,
    "architecture_energy": 70.067,
    "architecture_maturity": 20.379,
    "architecture_confidence": 73.731,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 22.58,
        "rotation_up": 76.23,
        "upward_expansion": 63.8,
        "deceleration": 21.49,
        "rotation_down": 16.81,
        "downward_expansion": 22.13
      },
      "activity_lines": [
        3359.757324,
        3251.565807,
        3118.635683,
        3089.874695
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 3665.0,
    "trend_reference": 3106.619735,
    "distance_from_trend": 0.179739,
    "trend_direction": "Weakening",
    "fair_value": 3216.504678,
    "distance_from_fair_value": 0.139436,
    "fair_value_direction": "Improving",
    "relative_strength": 3.371865,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.179898,
    "excess_performance": 0.234564,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.179739,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.05928,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.139436,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.209859,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.033719,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.33878,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.179898,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.164799,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1614,
      "relative_activity": 0.256339,
      "balance": 2.164799,
      "dry_up": 0.375575,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.055008,
      "annualized_volatility": 0.421004,
      "from_high_reference": -0.13883,
      "from_low_reference": 0.392987
    },
    "levels": {
      "trend_reference": 3106.619735,
      "fair_value_reference": 3216.504678,
      "structural_low": 2631.03623,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": -0.001388,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.00931,
        "regime_survival": 0.5,
        "best_return": 0.155681,
        "worst_return": -0.039084,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.035984,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.022029,
        "regime_survival": 0.0,
        "best_return": 0.15021,
        "worst_return": -0.019544,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.086862,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.171595,
        "regime_survival": 0.0,
        "best_return": 0.131914,
        "worst_return": -0.176308,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.32861,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.216885,
        "regime_survival": 0.0,
        "best_return": 0.339324,
        "worst_return": -0.329455,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-20",
        "end": "2025-01-10",
        "tenure": "Established",
        "return": 0.269838,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": 0.060923,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-28",
        "end": "2025-03-07",
        "tenure": "New",
        "return": -0.063654,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": 0.035321,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-25",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.081672,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": -0.019607,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-11",
        "end": "2025-07-18",
        "tenure": "New",
        "return": 0.01117,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-08-15",
        "tenure": "New",
        "return": -0.053289,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-22",
        "end": "2025-09-12",
        "tenure": "New",
        "return": -0.012933,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-09-19",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-26",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": -0.079335,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-14",
        "end": "2026-07-03",
        "tenure": "Extended",
        "return": -0.125987,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-10",
        "end": "2026-07-17",
        "tenure": "New",
        "return": 0.029628,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.209571,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 2146.088867,
        "volume": 9300,
        "typical_volume": 2970.0,
        "trend": 1890.035998,
        "fair_value": 1752.214273,
        "relative_strength": 21.293341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.234721,
        "energy": 91.984264,
        "activity_lines": [
          2111.98405,
          2016.749312,
          1947.679661,
          1922.822173
        ]
      },
      {
        "date": "2023-08-25",
        "close": 2029.275635,
        "volume": 1375,
        "typical_volume": 3038.75,
        "trend": 1897.76252,
        "fair_value": 1754.364413,
        "relative_strength": 14.412365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.82943,
        "energy": 87.514421,
        "activity_lines": [
          2095.374789,
          2031.984972,
          1958.193906,
          1931.805375
        ]
      },
      {
        "date": "2023-09-01",
        "close": 2125.908691,
        "volume": 475,
        "typical_volume": 3046.25,
        "trend": 1908.799125,
        "fair_value": 1757.463927,
        "relative_strength": 19.435364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.754452,
        "energy": 84.435144,
        "activity_lines": [
          2107.932145,
          2060.372996,
          1976.996233,
          1946.524483
        ]
      },
      {
        "date": "2023-09-08",
        "close": 2188.126465,
        "volume": 2550,
        "typical_volume": 3065.0,
        "trend": 1921.909656,
        "fair_value": 1761.639732,
        "relative_strength": 23.838299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.245337,
        "energy": 72.109633,
        "activity_lines": [
          2133.288786,
          2093.899094,
          2000.570816,
          1964.545601
        ]
      },
      {
        "date": "2023-09-15",
        "close": 2188.126465,
        "volume": 0,
        "typical_volume": 3065.0,
        "trend": 1932.71499,
        "fair_value": 1766.264727,
        "relative_strength": 25.970308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.563089,
        "energy": 69.363638,
        "activity_lines": [
          2151.700293,
          2121.397856,
          2022.970685,
          1981.720879
        ]
      },
      {
        "date": "2023-09-22",
        "close": 2188.126465,
        "volume": 0,
        "typical_volume": 3065.0,
        "trend": 1945.862235,
        "fair_value": 1770.85423,
        "relative_strength": 24.259382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.430462,
        "energy": 81.527725,
        "activity_lines": [
          2169.240706,
          2142.112544,
          2044.195839,
          1998.199039
        ]
      },
      {
        "date": "2023-09-29",
        "close": 2188.126465,
        "volume": 0,
        "typical_volume": 3065.0,
        "trend": 1956.124105,
        "fair_value": 1775.363532,
        "relative_strength": 25.380519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.39368,
        "energy": 83.960712,
        "activity_lines": [
          2183.978613,
          2156.04316,
          2064.246277,
          2013.828989
        ]
      },
      {
        "date": "2023-10-06",
        "close": 2132.342529,
        "volume": 8375,
        "typical_volume": 3483.75,
        "trend": 1965.236474,
        "fair_value": 1779.789435,
        "relative_strength": 24.2792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.418185,
        "energy": 64.039308,
        "activity_lines": [
          2169.53182,
          2156.112753,
          2077.809244,
          2025.19792
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2208.588623,
        "volume": 275,
        "typical_volume": 3427.5,
        "trend": 1976.890381,
        "fair_value": 1784.822953,
        "relative_strength": 28.391456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.276626,
        "energy": 63.660668,
        "activity_lines": [
          2180.071468,
          2167.762846,
          2097.724667,
          2040.898059
        ]
      },
      {
        "date": "2023-10-20",
        "close": 2017.615234,
        "volume": 12000,
        "typical_volume": 3316.25,
        "trend": 1982.695646,
        "fair_value": 1788.039398,
        "relative_strength": 19.205893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 36.642973,
        "energy": 31.902835,
        "activity_lines": [
          2125.589176,
          2142.424339,
          2097.881068,
          2043.525469
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2043.98938,
        "volume": 325,
        "typical_volume": 3170.0,
        "trend": 1989.591573,
        "fair_value": 1792.299311,
        "relative_strength": 18.233259,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.35944,
        "energy": 28.107577,
        "activity_lines": [
          2091.265682,
          2124.743763,
          2099.449422,
          2047.479903
        ]
      },
      {
        "date": "2023-11-03",
        "close": 2043.98938,
        "volume": 0,
        "typical_volume": 3026.25,
        "trend": 1996.4875,
        "fair_value": 1796.013606,
        "relative_strength": 12.239556,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.704039,
        "energy": 27.876194,
        "activity_lines": [
          2066.551326,
          2108.919542,
          2099.99593,
          2050.989439
        ]
      },
      {
        "date": "2023-11-10",
        "close": 2110.8125,
        "volume": 3825,
        "typical_volume": 3217.5,
        "trend": 2004.057007,
        "fair_value": 1798.708961,
        "relative_strength": 15.16237,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.40541,
        "energy": 28.617292,
        "activity_lines": [
          2073.720483,
          2104.977457,
          2105.679571,
          2058.365245
        ]
      },
      {
        "date": "2023-11-17",
        "close": 2164.61792,
        "volume": 1750,
        "typical_volume": 3201.25,
        "trend": 2011.496395,
        "fair_value": 1802.079665,
        "relative_strength": 14.169983,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.848052,
        "energy": 23.169496,
        "activity_lines": [
          2100.260116,
          2111.092651,
          2114.94236,
          2068.724014
        ]
      },
      {
        "date": "2023-11-24",
        "close": 2164.61792,
        "volume": 0,
        "typical_volume": 2306.25,
        "trend": 2018.935783,
        "fair_value": 1805.450369,
        "relative_strength": 12.915255,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.846575,
        "energy": 41.941343,
        "activity_lines": [
          2129.731128,
          2117.635274,
          2122.738506,
          2078.602822
        ]
      },
      {
        "date": "2023-12-01",
        "close": 2164.61792,
        "volume": 0,
        "typical_volume": 2306.25,
        "trend": 2026.375171,
        "fair_value": 1808.590613,
        "relative_strength": 10.395133,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.929553,
        "energy": 71.934933,
        "activity_lines": [
          2149.401961,
          2124.605325,
          2128.869817,
          2088.00167
        ]
      },
      {
        "date": "2023-12-08",
        "close": 2164.61792,
        "volume": 0,
        "typical_volume": 2201.25,
        "trend": 2033.814559,
        "fair_value": 1811.730857,
        "relative_strength": 8.949877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.166403,
        "energy": 78.147851,
        "activity_lines": [
          2161.030892,
          2132.002803,
          2133.336292,
          2096.920557
        ]
      },
      {
        "date": "2023-12-15",
        "close": 2369.422852,
        "volume": 7000,
        "typical_volume": 2478.75,
        "trend": 2048.080778,
        "fair_value": 1816.183953,
        "relative_strength": 12.932056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.525736,
        "energy": 97.071925,
        "activity_lines": [
          2232.886231,
          2177.06497,
          2156.446054,
          2118.572705
        ]
      },
      {
        "date": "2023-12-22",
        "close": 2398.440918,
        "volume": 250,
        "typical_volume": 2467.5,
        "trend": 2065.406746,
        "fair_value": 1820.823062,
        "relative_strength": 13.226362,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.799003,
        "energy": 98.289135,
        "activity_lines": [
          2297.173568,
          2223.092598,
          2180.592709,
          2141.176585
        ]
      },
      {
        "date": "2023-12-29",
        "close": 2413.625977,
        "volume": 1050,
        "typical_volume": 2427.5,
        "trend": 2086.306197,
        "fair_value": 1825.559512,
        "relative_strength": 13.208831,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.700487,
        "energy": 96.881789,
        "activity_lines": [
          2350.934392,
          2268.429286,
          2204.687982,
          2163.642341
        ]
      },
      {
        "date": "2024-01-05",
        "close": 2366.607178,
        "volume": 2500,
        "typical_volume": 2087.5,
        "trend": 2104.213049,
        "fair_value": 1829.994558,
        "relative_strength": 12.655786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.569248,
        "energy": 88.873292,
        "activity_lines": [
          2372.421745,
          2298.016906,
          2223.169246,
          2181.726276
        ]
      },
      {
        "date": "2024-01-12",
        "close": 2326.162109,
        "volume": 1250,
        "typical_volume": 2081.25,
        "trend": 2122.207617,
        "fair_value": 1834.170342,
        "relative_strength": 11.162329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.129409,
        "energy": 87.84084,
        "activity_lines": [
          2366.961458,
          2314.385099,
          2236.748511,
          2196.04557
        ]
      },
      {
        "date": "2024-01-19",
        "close": 2326.162109,
        "volume": 0,
        "typical_volume": 2057.5,
        "trend": 2140.202185,
        "fair_value": 1838.346126,
        "relative_strength": 10.918605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.785712,
        "energy": 86.80059,
        "activity_lines": [
          2350.731559,
          2325.622878,
          2248.914032,
          2209.203924
        ]
      },
      {
        "date": "2024-01-26",
        "close": 2326.162109,
        "volume": 0,
        "typical_volume": 1930.0,
        "trend": 2155.853491,
        "fair_value": 1842.521909,
        "relative_strength": 7.73641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.300776,
        "energy": 64.365214,
        "activity_lines": [
          2337.385709,
          2332.94521,
          2260.125964,
          2221.201339
        ]
      },
      {
        "date": "2024-02-02",
        "close": 2326.162109,
        "volume": 0,
        "typical_volume": 1930.0,
        "trend": 2172.892147,
        "fair_value": 1846.697693,
        "relative_strength": 4.841866,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.289414,
        "energy": 54.319197,
        "activity_lines": [
          2328.858447,
          2337.330375,
          2270.680584,
          2232.188991
        ]
      },
      {
        "date": "2024-02-09",
        "close": 2326.162109,
        "volume": 0,
        "typical_volume": 1930.0,
        "trend": 2189.930802,
        "fair_value": 1850.873476,
        "relative_strength": 6.144801,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.544418,
        "energy": 52.829059,
        "activity_lines": [
          2326.162109,
          2338.778373,
          2280.577892,
          2242.077376
        ]
      },
      {
        "date": "2024-02-16",
        "close": 2326.162109,
        "volume": 0,
        "typical_volume": 1930.0,
        "trend": 2201.349219,
        "fair_value": 1855.04926,
        "relative_strength": 6.183969,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.035881,
        "energy": 54.027067,
        "activity_lines": [
          2326.162109,
          2337.289204,
          2289.817887,
          2250.866493
        ]
      },
      {
        "date": "2024-02-23",
        "close": 2326.162109,
        "volume": 0,
        "typical_volume": 1511.25,
        "trend": 2211.99432,
        "fair_value": 1859.225044,
        "relative_strength": 6.694011,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.527743,
        "energy": 53.020188,
        "activity_lines": [
          2326.162109,
          2332.862868,
          2298.400569,
          2258.918937
        ]
      },
      {
        "date": "2024-03-01",
        "close": 2382.65625,
        "volume": 1750,
        "typical_volume": 1585.0,
        "trend": 2221.951213,
        "fair_value": 1863.762969,
        "relative_strength": 11.040969,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 81.684679,
        "energy": 66.6313,
        "activity_lines": [
          2344.993489,
          2339.494753,
          2311.440695,
          2269.929384
        ]
      },
      {
        "date": "2024-03-08",
        "close": 2383.006104,
        "volume": 0,
        "typical_volume": 985.0,
        "trend": 2228.882747,
        "fair_value": 1868.303137,
        "relative_strength": 11.816391,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.578334,
        "energy": 67.656885,
        "activity_lines": [
          2360.175212,
          2346.477242,
          2323.685247,
          2280.320022
        ]
      },
      {
        "date": "2024-03-15",
        "close": 2357.431396,
        "volume": 500,
        "typical_volume": 993.75,
        "trend": 2235.927498,
        "fair_value": 1872.679365,
        "relative_strength": 7.746681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.301745,
        "energy": 85.253677,
        "activity_lines": [
          2363.042432,
          2349.366508,
          2331.754157,
          2288.613484
        ]
      },
      {
        "date": "2024-03-22",
        "close": 2428.248291,
        "volume": 13925,
        "typical_volume": 1690.0,
        "trend": 2249.226587,
        "fair_value": 1876.145782,
        "relative_strength": 9.802195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.232207,
        "energy": 97.117981,
        "activity_lines": [
          2387.430664,
          2365.298406,
          2345.074951,
          2301.021277
        ]
      },
      {
        "date": "2024-03-29",
        "close": 2388.675293,
        "volume": 1100,
        "typical_volume": 1553.75,
        "trend": 2257.985474,
        "fair_value": 1879.085361,
        "relative_strength": 6.189743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.555242,
        "energy": 87.001645,
        "activity_lines": [
          2391.822152,
          2372.179101,
          2352.797084,
          2310.017967
        ]
      },
      {
        "date": "2024-04-05",
        "close": 2399.623291,
        "volume": 1250,
        "typical_volume": 1528.75,
        "trend": 2265.035368,
        "fair_value": 1881.905242,
        "relative_strength": 4.989222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.568445,
        "energy": 89.200674,
        "activity_lines": [
          2395.695426,
          2379.913738,
          2360.238728,
          2319.155891
        ]
      },
      {
        "date": "2024-04-12",
        "close": 2399.623291,
        "volume": 0,
        "typical_volume": 1528.75,
        "trend": 2272.085262,
        "fair_value": 1884.86306,
        "relative_strength": 7.411302,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.802935,
        "energy": 68.776894,
        "activity_lines": [
          2398.437565,
          2386.312717,
          2366.561298,
          2327.838983
        ]
      },
      {
        "date": "2024-04-19",
        "close": 2399.623291,
        "volume": 0,
        "typical_volume": 1528.75,
        "trend": 2279.135156,
        "fair_value": 1888.073309,
        "relative_strength": 8.387408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.238661,
        "energy": 66.364313,
        "activity_lines": [
          2400.071891,
          2391.376039,
          2371.764795,
          2336.067243
        ]
      },
      {
        "date": "2024-04-26",
        "close": 2427.968262,
        "volume": 2700,
        "typical_volume": 1663.75,
        "trend": 2287.129883,
        "fair_value": 1890.757132,
        "relative_strength": 5.583824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.495443,
        "energy": 73.479096,
        "activity_lines": [
          2408.341748,
          2400.257333,
          2378.54874,
          2345.669379
        ]
      },
      {
        "date": "2024-05-03",
        "close": 2469.105957,
        "volume": 1100,
        "typical_volume": 1368.75,
        "trend": 2298.35533,
        "fair_value": 1894.716302,
        "relative_strength": 8.273158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.096643,
        "energy": 76.299283,
        "activity_lines": [
          2430.342839,
          2414.767188,
          2387.996511,
          2357.409771
        ]
      },
      {
        "date": "2024-05-10",
        "close": 2469.105957,
        "volume": 0,
        "typical_volume": 1356.25,
        "trend": 2307.039242,
        "fair_value": 1898.675473,
        "relative_strength": 6.796745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.061443,
        "energy": 75.145527,
        "activity_lines": [
          2446.981885,
          2426.678063,
          2396.969601,
          2368.42594
        ]
      },
      {
        "date": "2024-05-17",
        "close": 2524.071045,
        "volume": 2300,
        "typical_volume": 1418.75,
        "trend": 2323.921102,
        "fair_value": 1903.105435,
        "relative_strength": 9.007336,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.111378,
        "energy": 77.939818,
        "activity_lines": [
          2477.310449,
          2447.010778,
          2410.840961,
          2382.427992
        ]
      },
      {
        "date": "2024-05-24",
        "close": 2512.284912,
        "volume": 3775,
        "typical_volume": 1482.5,
        "trend": 2339.530953,
        "fair_value": 1907.170387,
        "relative_strength": 12.180347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.666589,
        "energy": 84.116617,
        "activity_lines": [
          2495.413786,
          2462.635742,
          2423.063903,
          2394.580496
        ]
      },
      {
        "date": "2024-05-31",
        "close": 2532.034668,
        "volume": 2550,
        "typical_volume": 1547.5,
        "trend": 2355.799129,
        "fair_value": 1911.540879,
        "relative_strength": 12.879473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.227496,
        "energy": 95.186812,
        "activity_lines": [
          2512.5896,
          2479.036053,
          2436.474071,
          2407.00009
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2657.525879,
        "volume": 200,
        "typical_volume": 1557.5,
        "trend": 2374.022909,
        "fair_value": 1916.860241,
        "relative_strength": 22.43642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 99.27454,
        "energy": 97.574232,
        "activity_lines": [
          2564.658057,
          2516.365922,
          2460.855437,
          2426.466332
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2851.059814,
        "volume": 2625,
        "typical_volume": 1688.75,
        "trend": 2396.904305,
        "fair_value": 1923.201276,
        "relative_strength": 31.887007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 99.862561,
        "energy": 99.473846,
        "activity_lines": [
          2668.676497,
          2583.995588,
          2502.090684,
          2457.242907
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2885.264893,
        "volume": 4375,
        "typical_volume": 1907.5,
        "trend": 2420.925871,
        "fair_value": 1930.018979,
        "relative_strength": 30.75346,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 99.290182,
        "energy": 99.741923,
        "activity_lines": [
          2758.63304,
          2649.636421,
          2544.084045,
          2488.750041
        ]
      },
      {
        "date": "2024-06-28",
        "close": 2928.448486,
        "volume": 1275,
        "typical_volume": 1971.25,
        "trend": 2446.38689,
        "fair_value": 1937.7148,
        "relative_strength": 32.304562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 97.247223,
        "energy": 99.032643,
        "activity_lines": [
          2838.904525,
          2714.29897,
          2587.527734,
          2521.493436
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2841.014893,
        "volume": 975,
        "typical_volume": 2020.0,
        "trend": 2468.933455,
        "fair_value": 1944.476159,
        "relative_strength": 27.419623,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.663812,
        "energy": 89.006452,
        "activity_lines": [
          2862.28724,
          2753.449498,
          2619.776385,
          2546.953307
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2841.014893,
        "volume": 0,
        "typical_volume": 2020.0,
        "trend": 2484.65319,
        "fair_value": 1951.603512,
        "relative_strength": 20.369799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.318918,
        "energy": 87.693589,
        "activity_lines": [
          2865.071273,
          2785.090088,
          2649.573355,
          2570.958561
        ]
      },
      {
        "date": "2024-07-19",
        "close": 2841.014893,
        "volume": 0,
        "typical_volume": 1932.5,
        "trend": 2499.405656,
        "fair_value": 1958.625617,
        "relative_strength": 22.35203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.911642,
        "energy": 67.889109,
        "activity_lines": [
          2855.622705,
          2809.968697,
          2676.918645,
          2593.949639
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2841.014893,
        "volume": 0,
        "typical_volume": 1932.5,
        "trend": 2513.651953,
        "fair_value": 1965.647721,
        "relative_strength": 23.394679,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.19163,
        "energy": 66.484618,
        "activity_lines": [
          2846.843799,
          2828.085325,
          2702.081276,
          2615.988944
        ]
      },
      {
        "date": "2024-08-02",
        "close": 2754.693604,
        "volume": 1250,
        "typical_volume": 1970.0,
        "trend": 2526.588167,
        "fair_value": 1972.206931,
        "relative_strength": 20.217871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.015584,
        "energy": 58.439869,
        "activity_lines": [
          2812.24113,
          2824.744558,
          2716.841837,
          2631.540019
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2601.166016,
        "volume": 525,
        "typical_volume": 1300.0,
        "trend": 2535.754964,
        "fair_value": 1977.688784,
        "relative_strength": 11.386922,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.062961,
        "energy": 30.374356,
        "activity_lines": [
          2738.046257,
          2789.082254,
          2715.088998,
          2636.351493
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2601.166016,
        "volume": 0,
        "typical_volume": 1245.0,
        "trend": 2544.921761,
        "fair_value": 1983.548152,
        "relative_strength": 8.892264,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.074537,
        "energy": 35.821087,
        "activity_lines": [
          2679.841309,
          2752.163015,
          2712.512741,
          2640.571561
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2736.834473,
        "volume": 16625,
        "typical_volume": 2013.75,
        "trend": 2558.61084,
        "fair_value": 1989.233488,
        "relative_strength": 15.188868,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.027287,
        "energy": 35.978855,
        "activity_lines": [
          2682.849105,
          2740.935494,
          2721.845429,
          2652.953026
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2736.834473,
        "volume": 0,
        "typical_volume": 2013.75,
        "trend": 2572.299919,
        "fair_value": 1995.129782,
        "relative_strength": 15.857938,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.84849,
        "energy": 32.718855,
        "activity_lines": [
          2692.802263,
          2731.784797,
          2729.57235,
          2664.451325
        ]
      },
      {
        "date": "2024-09-06",
        "close": 3020.238525,
        "volume": 2075,
        "typical_volume": 2117.5,
        "trend": 2595.435799,
        "fair_value": 2002.655773,
        "relative_strength": 31.447611,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 82.325141,
        "energy": 54.313242,
        "activity_lines": [
          2804.168799,
          2776.860845,
          2762.684365,
          2693.35059
        ]
      },
      {
        "date": "2024-09-13",
        "close": 3020.238525,
        "volume": 0,
        "typical_volume": 1982.5,
        "trend": 2618.57168,
        "fair_value": 2010.181765,
        "relative_strength": 28.241633,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 89.576527,
        "energy": 94.652398,
        "activity_lines": [
          2897.83234,
          2820.267982,
          2792.841069,
          2720.757217
        ]
      },
      {
        "date": "2024-09-20",
        "close": 3113.174561,
        "volume": 925,
        "typical_volume": 1973.75,
        "trend": 2644.805428,
        "fair_value": 2017.409213,
        "relative_strength": 30.786511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.539877,
        "energy": 97.250017,
        "activity_lines": [
          2994.536393,
          2877.313969,
          2829.02849,
          2752.667081
        ]
      },
      {
        "date": "2024-09-27",
        "close": 3333.706055,
        "volume": 3200,
        "typical_volume": 2133.75,
        "trend": 2676.507088,
        "fair_value": 2025.914342,
        "relative_strength": 37.324698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.678754,
        "energy": 99.155352,
        "activity_lines": [
          3130.617041,
          2969.508234,
          2883.151917,
          2797.112282
        ]
      },
      {
        "date": "2024-10-04",
        "close": 3213.608398,
        "volume": 2150,
        "typical_volume": 2126.25,
        "trend": 2704.193831,
        "fair_value": 2033.737416,
        "relative_strength": 31.800835,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.513447,
        "energy": 92.071208,
        "activity_lines": [
          3186.873698,
          3030.908541,
          2921.720329,
          2831.76398
        ]
      },
      {
        "date": "2024-10-11",
        "close": 3213.608398,
        "volume": 0,
        "typical_volume": 1937.5,
        "trend": 2732.733065,
        "fair_value": 2041.28451,
        "relative_strength": 31.433988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.596408,
        "energy": 89.551188,
        "activity_lines": [
          3211.345426,
          3085.534419,
          2957.005229,
          2864.629436
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3439.265869,
        "volume": 3050,
        "typical_volume": 1962.5,
        "trend": 2766.433651,
        "fair_value": 2050.388044,
        "relative_strength": 37.678703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.249923,
        "energy": 88.007275,
        "activity_lines": [
          3298.144987,
          3172.845024,
          3010.441682,
          2910.212197
        ]
      },
      {
        "date": "2024-10-25",
        "close": 3480.907227,
        "volume": 500,
        "typical_volume": 1977.5,
        "trend": 2802.841382,
        "fair_value": 2059.994821,
        "relative_strength": 41.221594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.665471,
        "energy": 76.410843,
        "activity_lines": [
          3370.889844,
          3252.488605,
          3063.523829,
          2956.307267
        ]
      },
      {
        "date": "2024-11-01",
        "close": 3748.080078,
        "volume": 2925,
        "typical_volume": 1992.5,
        "trend": 2847.789942,
        "fair_value": 2070.390166,
        "relative_strength": 53.432929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.766624,
        "energy": 79.007107,
        "activity_lines": [
          3508.176807,
          3364.713774,
          3138.130147,
          3017.290408
        ]
      },
      {
        "date": "2024-11-08",
        "close": 4015.547119,
        "volume": 5475,
        "typical_volume": 2047.5,
        "trend": 2901.654069,
        "fair_value": 2082.341853,
        "relative_strength": 58.217979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 98.83839,
        "energy": 97.905222,
        "activity_lines": [
          3706.994515,
          3507.18303,
          3233.937991,
          3092.629581
        ]
      },
      {
        "date": "2024-11-15",
        "close": 4062.61377,
        "volume": 1125,
        "typical_volume": 2040.0,
        "trend": 2957.087085,
        "fair_value": 2095.778447,
        "relative_strength": 61.928976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.680825,
        "energy": 97.981755,
        "activity_lines": [
          3868.038526,
          3634.960538,
          3328.846076,
          3167.530207
        ]
      },
      {
        "date": "2024-11-22",
        "close": 4228.478027,
        "volume": 31775,
        "typical_volume": 3580.0,
        "trend": 3017.104077,
        "fair_value": 2110.229856,
        "relative_strength": 65.914362,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.454621,
        "energy": 97.97529,
        "activity_lines": [
          4027.770264,
          3773.942907,
          3434.149971,
          3249.555429
        ]
      },
      {
        "date": "2024-11-29",
        "close": 4244.447266,
        "volume": 175,
        "typical_volume": 3588.75,
        "trend": 3076.282121,
        "fair_value": 2125.681749,
        "relative_strength": 65.76346,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.861061,
        "energy": 94.967208,
        "activity_lines": [
          4140.210938,
          3893.860782,
          3534.367778,
          3328.73886
        ]
      },
      {
        "date": "2024-12-06",
        "close": 4285.827148,
        "volume": 1125,
        "typical_volume": 3645.0,
        "trend": 3136.839494,
        "fair_value": 2141.149387,
        "relative_strength": 59.762093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.745401,
        "energy": 93.907189,
        "activity_lines": [
          4215.542236,
          4000.733678,
          3631.843515,
          3406.774023
        ]
      },
      {
        "date": "2024-12-13",
        "close": 4172.444824,
        "volume": 1175,
        "typical_volume": 3703.75,
        "trend": 3191.785287,
        "fair_value": 2156.104862,
        "relative_strength": 52.509747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.633433,
        "energy": 80.398265,
        "activity_lines": [
          4217.229622,
          4069.680313,
          3711.640877,
          3473.587271
        ]
      },
      {
        "date": "2024-12-20",
        "close": 4172.444824,
        "volume": 0,
        "typical_volume": 3641.25,
        "trend": 3247.12395,
        "fair_value": 2170.371271,
        "relative_strength": 56.364414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.235684,
        "energy": 68.33131,
        "activity_lines": [
          4208.457161,
          4121.193559,
          3785.098097,
          3536.855628
        ]
      },
      {
        "date": "2024-12-27",
        "close": 4046.663086,
        "volume": 125,
        "typical_volume": 3621.25,
        "trend": 3297.611564,
        "fair_value": 2183.652845,
        "relative_strength": 50.408171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.594388,
        "energy": 67.119402,
        "activity_lines": [
          4150.435384,
          4132.404008,
          3839.824907,
          3588.438798
        ]
      },
      {
        "date": "2025-01-03",
        "close": 4046.663086,
        "volume": 0,
        "typical_volume": 3621.25,
        "trend": 3343.916138,
        "fair_value": 2196.852897,
        "relative_strength": 49.299759,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.268972,
        "energy": 61.095831,
        "activity_lines": [
          4104.534603,
          4132.570872,
          3887.668398,
          3636.764703
        ]
      },
      {
        "date": "2025-01-10",
        "close": 3953.226807,
        "volume": 1750,
        "typical_volume": 2877.5,
        "trend": 3380.655038,
        "fair_value": 2209.726852,
        "relative_strength": 42.102429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.461219,
        "energy": 52.301584,
        "activity_lines": [
          4040.674007,
          4105.462851,
          3919.729876,
          3676.075068
        ]
      },
      {
        "date": "2025-01-17",
        "close": 4003.839111,
        "volume": 225,
        "typical_volume": 2888.75,
        "trend": 3417.940845,
        "fair_value": 2222.925244,
        "relative_strength": 41.081042,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.712759,
        "energy": 43.666528,
        "activity_lines": [
          4015.857536,
          4083.827126,
          3950.819229,
          3716.280492
        ]
      },
      {
        "date": "2025-01-24",
        "close": 3776.175537,
        "volume": 4575,
        "typical_volume": 3013.75,
        "trend": 3446.198413,
        "fair_value": 2234.54388,
        "relative_strength": 27.976781,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.208281,
        "energy": 37.436808,
        "activity_lines": [
          3926.393587,
          4021.010897,
          3954.192981,
          3739.392408
        ]
      },
      {
        "date": "2025-01-31",
        "close": 3930.007568,
        "volume": 2400,
        "typical_volume": 3133.75,
        "trend": 3482.498169,
        "fair_value": 2246.682272,
        "relative_strength": 31.949571,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.739114,
        "energy": 36.424851,
        "activity_lines": [
          3914.624935,
          3991.372097,
          3968.617704,
          3770.605902
        ]
      },
      {
        "date": "2025-02-07",
        "close": 3918.013672,
        "volume": 6200,
        "typical_volume": 3397.5,
        "trend": 3518.398128,
        "fair_value": 2258.167616,
        "relative_strength": 26.139974,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.427662,
        "energy": 31.171638,
        "activity_lines": [
          3906.635351,
          3964.979323,
          3977.567916,
          3798.703676
        ]
      },
      {
        "date": "2025-02-14",
        "close": 4133.040527,
        "volume": 800,
        "typical_volume": 3277.5,
        "trend": 3561.465649,
        "fair_value": 2270.633826,
        "relative_strength": 28.461737,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.338683,
        "energy": 34.856095,
        "activity_lines": [
          3978.898014,
          3983.617498,
          4003.16431,
          3838.358025
        ]
      },
      {
        "date": "2025-02-21",
        "close": 4247.766113,
        "volume": 6000,
        "typical_volume": 3470.0,
        "trend": 3608.357357,
        "fair_value": 2285.855934,
        "relative_strength": 31.249233,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 77.705453,
        "energy": 65.065271,
        "activity_lines": [
          4077.414957,
          4025.892809,
          4035.880595,
          3882.635474
        ]
      },
      {
        "date": "2025-02-28",
        "close": 4033.954834,
        "volume": 925,
        "typical_volume": 3516.25,
        "trend": 3650.999398,
        "fair_value": 2301.174167,
        "relative_strength": 26.626246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.586652,
        "energy": 51.418637,
        "activity_lines": [
          4088.399674,
          4027.923864,
          4043.309341,
          3910.093376
        ]
      },
      {
        "date": "2025-03-07",
        "close": 3777.178223,
        "volume": 3150,
        "typical_volume": 3521.25,
        "trend": 3690.199805,
        "fair_value": 2314.604905,
        "relative_strength": 16.379684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 16.871547,
        "energy": 27.024235,
        "activity_lines": [
          3996.606901,
          3985.786261,
          4022.37676,
          3918.233945
        ]
      },
      {
        "date": "2025-03-14",
        "close": 3539.344971,
        "volume": 1650,
        "typical_volume": 3578.75,
        "trend": 3721.472437,
        "fair_value": 2326.511072,
        "relative_strength": 8.920138,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -22.859043,
        "energy": 26.263162,
        "activity_lines": [
          3835.725,
          3905.305975,
          3977.184287,
          3908.501375
        ]
      },
      {
        "date": "2025-03-21",
        "close": 3539.344971,
        "volume": 0,
        "typical_volume": 3432.5,
        "trend": 3748.222786,
        "fair_value": 2337.576025,
        "relative_strength": 7.718008,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.42635,
        "energy": 53.369641,
        "activity_lines": [
          3700.087679,
          3834.049654,
          3931.713538,
          3896.751216
        ]
      },
      {
        "date": "2025-03-28",
        "close": 3783.65332,
        "volume": 1850,
        "typical_volume": 3251.25,
        "trend": 3783.116748,
        "fair_value": 2349.97336,
        "relative_strength": 13.040661,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.520854,
        "energy": 44.283096,
        "activity_lines": [
          3685.466178,
          3814.738157,
          3910.504228,
          3899.037057
        ]
      },
      {
        "date": "2025-04-04",
        "close": 3577.391357,
        "volume": 925,
        "typical_volume": 3241.25,
        "trend": 3801.688509,
        "fair_value": 2361.434026,
        "relative_strength": 9.507558,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.83852,
        "energy": 68.580477,
        "activity_lines": [
          3633.031543,
          3761.927863,
          3870.755178,
          3885.764451
        ]
      },
      {
        "date": "2025-04-11",
        "close": 3664.359375,
        "volume": 2900,
        "typical_volume": 1797.5,
        "trend": 3823.159204,
        "fair_value": 2373.469099,
        "relative_strength": 11.102287,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.450517,
        "energy": 56.614484,
        "activity_lines": [
          3640.023812,
          3728.544194,
          3841.599379,
          3876.904507
        ]
      },
      {
        "date": "2025-04-18",
        "close": 3664.359375,
        "volume": 0,
        "typical_volume": 1788.75,
        "trend": 3841.532031,
        "fair_value": 2385.325617,
        "relative_strength": 7.076683,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.36762,
        "energy": 35.570381,
        "activity_lines": [
          3654.537337,
          3699.990492,
          3815.12986,
          3866.659357
        ]
      },
      {
        "date": "2025-04-25",
        "close": 3772.236084,
        "volume": 1050,
        "typical_volume": 1785.0,
        "trend": 3856.149699,
        "fair_value": 2397.66916,
        "relative_strength": 2.288043,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.406043,
        "energy": 27.481412,
        "activity_lines": [
          3696.675472,
          3695.662633,
          3801.696635,
          3862.18865
        ]
      },
      {
        "date": "2025-05-02",
        "close": 3797.898682,
        "volume": 9050,
        "typical_volume": 2178.75,
        "trend": 3875.626042,
        "fair_value": 2410.713649,
        "relative_strength": 3.896478,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -40.471742,
        "energy": 27.101156,
        "activity_lines": [
          3731.841732,
          3702.560782,
          3793.15314,
          3858.43052
        ]
      },
      {
        "date": "2025-05-09",
        "close": 4080.321045,
        "volume": 175,
        "typical_volume": 2187.5,
        "trend": 3904.516463,
        "fair_value": 2426.082217,
        "relative_strength": 9.221468,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -1.858262,
        "energy": 16.308247,
        "activity_lines": [
          3860.199089,
          3768.98786,
          3813.290566,
          3871.636649
        ]
      },
      {
        "date": "2025-05-16",
        "close": 4080.321045,
        "volume": 0,
        "typical_volume": 2181.25,
        "trend": 3925.884969,
        "fair_value": 2441.727458,
        "relative_strength": 5.700365,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 34.140169,
        "energy": 38.119125,
        "activity_lines": [
          3955.0278,
          3834.571915,
          3833.866676,
          3882.978881
        ]
      },
      {
        "date": "2025-05-23",
        "close": 4108.015625,
        "volume": 1500,
        "typical_volume": 2256.25,
        "trend": 3946.788582,
        "fair_value": 2457.176728,
        "relative_strength": 4.889424,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.054094,
        "energy": 55.15204,
        "activity_lines": [
          4031.357259,
          3899.679661,
          3856.920089,
          3894.729245
        ]
      },
      {
        "date": "2025-05-30",
        "close": 4251.807617,
        "volume": 525,
        "typical_volume": 2195.0,
        "trend": 3963.5795,
        "fair_value": 2472.538191,
        "relative_strength": 8.766573,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 48.924349,
        "energy": 74.796397,
        "activity_lines": [
          4126.040299,
          3980.591939,
          3893.375823,
          3914.407893
        ]
      },
      {
        "date": "2025-06-06",
        "close": 4289.650879,
        "volume": 700,
        "typical_volume": 2218.75,
        "trend": 3972.716292,
        "fair_value": 2488.370413,
        "relative_strength": 8.586547,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.704759,
        "energy": 81.365633,
        "activity_lines": [
          4201.366325,
          4055.430944,
          3932.013864,
          3935.444756
        ]
      },
      {
        "date": "2025-06-13",
        "close": 4289.650879,
        "volume": 0,
        "typical_volume": 1990.0,
        "trend": 3980.284196,
        "fair_value": 2506.234457,
        "relative_strength": 9.144309,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.769014,
        "energy": 83.463286,
        "activity_lines": [
          4243.90887,
          4121.069993,
          3969.290896,
          3955.892149
        ]
      },
      {
        "date": "2025-06-20",
        "close": 4027.470947,
        "volume": 1900,
        "typical_volume": 1965.0,
        "trend": 3973.58396,
        "fair_value": 2522.660809,
        "relative_strength": 4.116241,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.073419,
        "energy": 71.79712,
        "activity_lines": [
          4185.102783,
          4126.08979,
          3979.15329,
          3958.936455
        ]
      },
      {
        "date": "2025-06-27",
        "close": 4027.470947,
        "volume": 0,
        "typical_volume": 1655.0,
        "trend": 3966.351416,
        "fair_value": 2538.955516,
        "relative_strength": 1.664479,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.054967,
        "energy": 52.494698,
        "activity_lines": [
          4129.820036,
          4124.507559,
          3988.551573,
          3962.413035
        ]
      },
      {
        "date": "2025-07-04",
        "close": 4027.470947,
        "volume": 0,
        "typical_volume": 1615.0,
        "trend": 3957.739543,
        "fair_value": 2555.384342,
        "relative_strength": 0.212707,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 46.31251,
        "energy": 37.961427,
        "activity_lines": [
          4079.906933,
          4116.3233,
          3997.428631,
          3966.356231
        ]
      },
      {
        "date": "2025-07-11",
        "close": 4247.537598,
        "volume": 525,
        "typical_volume": 1341.25,
        "trend": 3960.242635,
        "fair_value": 2573.665372,
        "relative_strength": 7.576297,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.612333,
        "energy": 41.368158,
        "activity_lines": [
          4118.305159,
          4143.510525,
          4027.767129,
          3985.052879
        ]
      },
      {
        "date": "2025-07-18",
        "close": 4294.982422,
        "volume": 3950,
        "typical_volume": 1492.5,
        "trend": 3964.327222,
        "fair_value": 2591.609938,
        "relative_strength": 8.695875,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 83.869545,
        "energy": 59.376438,
        "activity_lines": [
          4175.325879,
          4171.148828,
          4062.625271,
          4006.648995
        ]
      },
      {
        "date": "2025-07-25",
        "close": 4284.224121,
        "volume": 5700,
        "typical_volume": 1620.0,
        "trend": 3972.245923,
        "fair_value": 2608.980278,
        "relative_strength": 5.830922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.349102,
        "energy": 86.762338,
        "activity_lines": [
          4228.405062,
          4192.928143,
          4095.215824,
          4027.287504
        ]
      },
      {
        "date": "2025-08-01",
        "close": 4179.088867,
        "volume": 15400,
        "typical_volume": 2307.5,
        "trend": 3976.660116,
        "fair_value": 2625.308919,
        "relative_strength": 3.417967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.278503,
        "energy": 70.195188,
        "activity_lines": [
          4229.322282,
          4191.884628,
          4115.378991,
          4040.63221
        ]
      },
      {
        "date": "2025-08-08",
        "close": 4179.088867,
        "volume": 0,
        "typical_volume": 2307.5,
        "trend": 3984.188851,
        "fair_value": 2641.484259,
        "relative_strength": 0.708664,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.529205,
        "energy": 83.088771,
        "activity_lines": [
          4220.131641,
          4189.548872,
          4132.495759,
          4053.69213
        ]
      },
      {
        "date": "2025-08-15",
        "close": 4055.922607,
        "volume": 275,
        "typical_volume": 2228.75,
        "trend": 3985.924967,
        "fair_value": 2656.503589,
        "relative_strength": -3.23749,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.143256,
        "energy": 38.567818,
        "activity_lines": [
          4159.777718,
          4166.141411,
          4134.836007,
          4058.320114
        ]
      },
      {
        "date": "2025-08-22",
        "close": 4255.839355,
        "volume": 4000,
        "typical_volume": 2382.5,
        "trend": 4001.913761,
        "fair_value": 2673.529867,
        "relative_strength": -0.57007,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.92413,
        "energy": 36.161712,
        "activity_lines": [
          4178.837044,
          4183.332053,
          4154.919425,
          4075.733945
        ]
      },
      {
        "date": "2025-08-29",
        "close": 4200.413574,
        "volume": 250,
        "typical_volume": 2250.0,
        "trend": 4010.927295,
        "fair_value": 2690.949511,
        "relative_strength": -1.520909,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.157224,
        "energy": 31.858984,
        "activity_lines": [
          4182.030647,
          4191.060036,
          4166.493493,
          4088.540385
        ]
      },
      {
        "date": "2025-09-05",
        "close": 4200.797363,
        "volume": 0,
        "typical_volume": 2250.0,
        "trend": 4020.353418,
        "fair_value": 2707.819127,
        "relative_strength": -4.656541,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.535422,
        "energy": 32.858938,
        "activity_lines": [
          4190.93955,
          4195.713388,
          4175.551473,
          4100.790067
        ]
      },
      {
        "date": "2025-09-12",
        "close": 4200.797363,
        "volume": 0,
        "typical_volume": 2197.5,
        "trend": 4022.611979,
        "fair_value": 2724.678484,
        "relative_strength": -6.935293,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.429681,
        "energy": 44.555499,
        "activity_lines": [
          4198.40122,
          4197.21535,
          4182.054986,
          4112.431612
        ]
      },
      {
        "date": "2025-09-19",
        "close": 4200.797363,
        "volume": 0,
        "typical_volume": 1745.0,
        "trend": 4021.046354,
        "fair_value": 2743.060681,
        "relative_strength": -6.246826,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.279709,
        "energy": 52.488994,
        "activity_lines": [
          4204.415657,
          4195.565922,
          4186.517731,
          4123.927443
        ]
      },
      {
        "date": "2025-09-26",
        "close": 3959.090576,
        "volume": 200,
        "typical_volume": 1746.25,
        "trend": 4018.550879,
        "fair_value": 2759.527308,
        "relative_strength": -13.219396,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -11.229481,
        "energy": 16.231757,
        "activity_lines": [
          4120.202848,
          4150.819629,
          4166.042218,
          4119.930296
        ]
      },
      {
        "date": "2025-10-03",
        "close": 3967.917236,
        "volume": 625,
        "typical_volume": 1777.5,
        "trend": 4024.908846,
        "fair_value": 2776.070917,
        "relative_strength": -12.640454,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": -20.673652,
        "energy": 35.335912,
        "activity_lines": [
          4058.715511,
          4113.785307,
          4146.984626,
          4116.663609
        ]
      },
      {
        "date": "2025-10-10",
        "close": 3967.917236,
        "volume": 0,
        "typical_volume": 1702.5,
        "trend": 4039.194588,
        "fair_value": 2792.877164,
        "relative_strength": -10.696757,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.982234,
        "energy": 74.619744,
        "activity_lines": [
          4012.727929,
          4082.502019,
          4128.462291,
          4112.986731
        ]
      },
      {
        "date": "2025-10-17",
        "close": 3707.046875,
        "volume": 1500,
        "typical_volume": 1751.25,
        "trend": 4044.784652,
        "fair_value": 2807.528735,
        "relative_strength": -18.052179,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -67.231979,
        "energy": 87.756856,
        "activity_lines": [
          3895.308903,
          4007.627241,
          4085.762294,
          4091.557846
        ]
      },
      {
        "date": "2025-10-24",
        "close": 3921.498779,
        "volume": 125,
        "typical_volume": 1722.5,
        "trend": 4049.3795,
        "fair_value": 2823.463201,
        "relative_strength": -12.39214,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.08852,
        "energy": 75.950055,
        "activity_lines": [
          3882.290543,
          3980.3263,
          4066.080387,
          4083.603919
        ]
      },
      {
        "date": "2025-10-31",
        "close": 3879.324951,
        "volume": 7075,
        "typical_volume": 2076.25,
        "trend": 4059.443953,
        "fair_value": 2839.038317,
        "relative_strength": -15.303895,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.657151,
        "energy": 72.930486,
        "activity_lines": [
          3873.834147,
          3947.80146,
          4044.13503,
          4072.632658
        ]
      },
      {
        "date": "2025-11-07",
        "close": 3644.997314,
        "volume": 8000,
        "typical_volume": 2381.25,
        "trend": 4058.798551,
        "fair_value": 2852.778823,
        "relative_strength": -20.765675,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -89.100189,
        "energy": 82.047401,
        "activity_lines": [
          3792.586246,
          3879.517312,
          4001.826689,
          4045.894165
        ]
      },
      {
        "date": "2025-11-14",
        "close": 3651.560791,
        "volume": 2000,
        "typical_volume": 2481.25,
        "trend": 4058.371932,
        "fair_value": 2866.531773,
        "relative_strength": -18.817722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.706261,
        "energy": 78.291167,
        "activity_lines": [
          3735.054166,
          3822.525,
          3961.964744,
          4019.620761
        ]
      },
      {
        "date": "2025-11-21",
        "close": 3383.737793,
        "volume": 1675,
        "typical_volume": 2565.0,
        "trend": 4045.421989,
        "fair_value": 2878.567909,
        "relative_strength": -23.629756,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.59693,
        "energy": 97.056461,
        "activity_lines": [
          3609.338183,
          3726.823717,
          3898.385894,
          3976.095978
        ]
      },
      {
        "date": "2025-11-28",
        "close": 3617.408936,
        "volume": 6525,
        "typical_volume": 2865.0,
        "trend": 4039.405664,
        "fair_value": 2891.383783,
        "relative_strength": -19.954333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.487185,
        "energy": 86.175153,
        "activity_lines": [
          3583.06652,
          3688.463725,
          3860.126836,
          3948.482233
        ]
      },
      {
        "date": "2025-12-05",
        "close": 3783.7146,
        "volume": 200,
        "typical_volume": 2677.5,
        "trend": 4029.518782,
        "fair_value": 2905.278099,
        "relative_strength": -15.441894,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.073291,
        "energy": 63.229689,
        "activity_lines": [
          3632.502735,
          3690.948189,
          3840.707024,
          3931.986035
        ]
      },
      {
        "date": "2025-12-12",
        "close": 3763.117432,
        "volume": 325,
        "typical_volume": 2408.75,
        "trend": 4018.945329,
        "fair_value": 2919.48339,
        "relative_strength": -17.123579,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.735444,
        "energy": 54.342136,
        "activity_lines": [
          3681.44725,
          3692.876367,
          3821.760186,
          3914.798851
        ]
      },
      {
        "date": "2025-12-19",
        "close": 3937.513184,
        "volume": 2275,
        "typical_volume": 1752.5,
        "trend": 4013.261914,
        "fair_value": 2935.109506,
        "relative_strength": -11.72619,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.415713,
        "energy": 23.512889,
        "activity_lines": [
          3780.649008,
          3730.236497,
          3821.903928,
          3909.545164
        ]
      },
      {
        "date": "2025-12-26",
        "close": 3937.513184,
        "volume": 0,
        "typical_volume": 1752.5,
        "trend": 4002.785433,
        "fair_value": 2950.394632,
        "relative_strength": -13.443589,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.437683,
        "energy": 29.364732,
        "activity_lines": [
          3860.787273,
          3768.149428,
          3823.198031,
          3904.65815
        ]
      },
      {
        "date": "2026-01-02",
        "close": 3918.197266,
        "volume": 450,
        "typical_volume": 1761.25,
        "trend": 3990.403646,
        "fair_value": 2965.555939,
        "relative_strength": -11.32995,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.063544,
        "energy": 26.765589,
        "activity_lines": [
          3897.568539,
          3798.360077,
          3823.802882,
          3899.200848
        ]
      },
      {
        "date": "2026-01-09",
        "close": 3792.833496,
        "volume": 175,
        "typical_volume": 1570.0,
        "trend": 3973.843066,
        "fair_value": 2979.913631,
        "relative_strength": -16.141313,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.758225,
        "energy": 25.059753,
        "activity_lines": [
          3872.509326,
          3805.83734,
          3813.124162,
          3886.454387
        ]
      },
      {
        "date": "2026-01-16",
        "close": 3723.522217,
        "volume": 200,
        "typical_volume": 1567.5,
        "trend": 3963.711442,
        "fair_value": 2992.658019,
        "relative_strength": -18.429943,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.332462,
        "energy": 19.026431,
        "activity_lines": [
          3823.738428,
          3802.285125,
          3798.049157,
          3870.304655
        ]
      },
      {
        "date": "2026-01-23",
        "close": 3723.522217,
        "volume": 0,
        "typical_volume": 1567.5,
        "trend": 3953.579818,
        "fair_value": 3005.004444,
        "relative_strength": -19.258462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.617321,
        "energy": 31.929842,
        "activity_lines": [
          3777.60721,
          3797.305185,
          3785.245064,
          3854.808576
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3519.548584,
        "volume": 2050,
        "typical_volume": 1670.0,
        "trend": 3936.649072,
        "fair_value": 3016.060457,
        "relative_strength": -22.46422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.038571,
        "energy": 76.768754,
        "activity_lines": [
          3677.750846,
          3753.93074,
          3755.287649,
          3826.806561
        ]
      },
      {
        "date": "2026-02-06",
        "close": 3106.20166,
        "volume": 2125,
        "typical_volume": 1776.25,
        "trend": 3898.604541,
        "fair_value": 3024.46681,
        "relative_strength": -34.100896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.50649,
        "energy": 97.374463,
        "activity_lines": [
          3467.976481,
          3632.933021,
          3689.207902,
          3773.229308
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2813.441162,
        "volume": 14000,
        "typical_volume": 2466.25,
        "trend": 3849.219832,
        "fair_value": 3030.553187,
        "relative_strength": -40.230721,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -98.979533,
        "energy": 99.395168,
        "activity_lines": [
          3214.748324,
          3468.000799,
          3600.458564,
          3703.218768
        ]
      },
      {
        "date": "2026-02-20",
        "close": 2778.963623,
        "volume": 3725,
        "typical_volume": 2621.25,
        "trend": 3799.044482,
        "fair_value": 3036.868921,
        "relative_strength": -40.22754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -96.875456,
        "energy": 98.889855,
        "activity_lines": [
          3015.320475,
          3314.441269,
          3513.881123,
          3634.16998
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2908.630859,
        "volume": 1800,
        "typical_volume": 2711.25,
        "trend": 3756.695882,
        "fair_value": 3043.460975,
        "relative_strength": -36.731848,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.617834,
        "energy": 90.410788,
        "activity_lines": [
          2922.085612,
          3202.351305,
          3445.314628,
          3576.72394
        ]
      },
      {
        "date": "2026-03-06",
        "close": 3274.0,
        "volume": 325,
        "typical_volume": 2652.5,
        "trend": 3726.526253,
        "fair_value": 3052.531671,
        "relative_strength": -23.935835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.598728,
        "energy": 88.848565,
        "activity_lines": [
          3004.966553,
          3175.399046,
          3416.589414,
          3545.58227
        ]
      },
      {
        "date": "2026-03-13",
        "close": 3076.800049,
        "volume": 7025,
        "typical_volume": 2997.5,
        "trend": 3693.888835,
        "fair_value": 3060.338265,
        "relative_strength": -26.248601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.685094,
        "energy": 67.143066,
        "activity_lines": [
          3038.484082,
          3124.656126,
          3371.14538,
          3503.664451
        ]
      },
      {
        "date": "2026-03-20",
        "close": 3047.790283,
        "volume": 850,
        "typical_volume": 2686.25,
        "trend": 3653.620532,
        "fair_value": 3068.058348,
        "relative_strength": -24.771479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.723596,
        "energy": 63.977148,
        "activity_lines": [
          3064.291797,
          3083.936834,
          3326.960886,
          3461.980673
        ]
      },
      {
        "date": "2026-03-27",
        "close": 3000.0,
        "volume": 24975,
        "typical_volume": 3535.0,
        "trend": 3613.606746,
        "fair_value": 3075.512761,
        "relative_strength": -28.211658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.7773,
        "energy": 56.010477,
        "activity_lines": [
          3058.546143,
          3048.07464,
          3282.184626,
          3419.811606
        ]
      },
      {
        "date": "2026-04-03",
        "close": 2999.573975,
        "volume": 0,
        "typical_volume": 3435.0,
        "trend": 3573.565967,
        "fair_value": 3082.964443,
        "relative_strength": -30.765065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.995726,
        "energy": 58.886532,
        "activity_lines": [
          3037.922721,
          3025.289937,
          3240.439208,
          3380.196589
        ]
      },
      {
        "date": "2026-04-10",
        "close": 2989.575195,
        "volume": 38771,
        "typical_volume": 5289.8,
        "trend": 3533.191895,
        "fair_value": 3090.053212,
        "relative_strength": -30.702354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.50285,
        "energy": 60.295964,
        "activity_lines": [
          3007.903499,
          3013.849969,
          3200.846224,
          3342.519765
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3314.999023,
        "volume": 1622,
        "typical_volume": 5044.65,
        "trend": 3503.665283,
        "fair_value": 3098.858101,
        "relative_strength": -22.417786,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.991916,
        "energy": 39.839432,
        "activity_lines": [
          3105.32054,
          3071.213849,
          3194.12295,
          3328.442805
        ]
      },
      {
        "date": "2026-04-24",
        "close": 3142.32373,
        "volume": 2538,
        "typical_volume": 5161.55,
        "trend": 3476.439722,
        "fair_value": 3106.556098,
        "relative_strength": -25.331007,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.900881,
        "energy": 28.989797,
        "activity_lines": [
          3129.299218,
          3093.385906,
          3172.394458,
          3305.130447
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2964.578857,
        "volume": 18697,
        "typical_volume": 6080.15,
        "trend": 3442.995109,
        "fair_value": 3113.114704,
        "relative_strength": -27.571667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.655564,
        "energy": 32.773633,
        "activity_lines": [
          3087.727376,
          3077.26103,
          3136.792125,
          3272.107166
        ]
      },
      {
        "date": "2026-05-08",
        "close": 2899.588135,
        "volume": 2894,
        "typical_volume": 6111.1,
        "trend": 3407.384139,
        "fair_value": 3119.256703,
        "relative_strength": -30.506165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.230603,
        "energy": 42.432739,
        "activity_lines": [
          3026.853369,
          3045.944837,
          3098.802763,
          3237.048651
        ]
      },
      {
        "date": "2026-05-15",
        "close": 2673.710205,
        "volume": 6773,
        "typical_volume": 6449.75,
        "trend": 3372.939583,
        "fair_value": 3123.950767,
        "relative_strength": -33.48376,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.946592,
        "energy": 76.069475,
        "activity_lines": [
          2897.352441,
          2973.724343,
          3044.243719,
          3189.714849
        ]
      },
      {
        "date": "2026-05-22",
        "close": 2754.608643,
        "volume": 11522,
        "typical_volume": 7003.35,
        "trend": 3334.043245,
        "fair_value": 3129.56581,
        "relative_strength": -31.157083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.899415,
        "energy": 83.31445,
        "activity_lines": [
          2815.875326,
          2927.127015,
          3003.407396,
          3149.82253
        ]
      },
      {
        "date": "2026-05-29",
        "close": 2929.58374,
        "volume": 3908,
        "typical_volume": 7190.0,
        "trend": 3302.385205,
        "fair_value": 3136.892357,
        "relative_strength": -26.310285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.400115,
        "energy": 75.056955,
        "activity_lines": [
          2830.082601,
          2918.201367,
          2984.776267,
          3123.728369
        ]
      },
      {
        "date": "2026-06-05",
        "close": 2900.0,
        "volume": 783,
        "typical_volume": 7219.15,
        "trend": 3277.551961,
        "fair_value": 3143.755167,
        "relative_strength": -23.595013,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.961319,
        "energy": 68.690694,
        "activity_lines": [
          2848.611296,
          2906.046067,
          2967.438352,
          3097.768033
        ]
      },
      {
        "date": "2026-06-12",
        "close": 2842.51001,
        "volume": 31,
        "typical_volume": 7220.7,
        "trend": 3250.583602,
        "fair_value": 3150.525583,
        "relative_strength": -26.296463,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.019292,
        "energy": 49.883139,
        "activity_lines": [
          2852.281917,
          2885.256223,
          2948.546734,
          3069.70081
        ]
      },
      {
        "date": "2026-06-19",
        "close": 3015.429932,
        "volume": 0,
        "typical_volume": 7118.2,
        "trend": 3238.306673,
        "fair_value": 3158.40446,
        "relative_strength": -20.799306,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.760621,
        "energy": 26.839667,
        "activity_lines": [
          2917.397722,
          2898.762074,
          2950.318977,
          3054.529606
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3190.0,
        "volume": 105,
        "typical_volume": 7017.2,
        "trend": 3224.059709,
        "fair_value": 3166.951749,
        "relative_strength": -14.955884,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.179874,
        "energy": 15.383205,
        "activity_lines": [
          3017.922233,
          2943.537851,
          2971.117505,
          3051.413046
        ]
      },
      {
        "date": "2026-07-03",
        "close": 3191.51001,
        "volume": 0,
        "typical_volume": 6317.2,
        "trend": 3204.319556,
        "fair_value": 3175.775516,
        "relative_strength": -14.057696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -3.708117,
        "energy": 19.138064,
        "activity_lines": [
          3089.923991,
          2990.860884,
          2991.660804,
          3049.313065
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3145.0,
        "volume": 3849,
        "typical_volume": 6323.4,
        "trend": 3183.715641,
        "fair_value": 3184.301141,
        "relative_strength": -13.760022,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.562521,
        "energy": 23.597174,
        "activity_lines": [
          3128.960661,
          3028.833257,
          3005.97425,
          3045.485997
        ]
      },
      {
        "date": "2026-07-17",
        "close": 3238.179932,
        "volume": 722,
        "typical_volume": 6269.5,
        "trend": 3160.404533,
        "fair_value": 3192.343259,
        "relative_strength": -10.518976,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.607328,
        "energy": 39.043957,
        "activity_lines": [
          3182.723975,
          3080.46705,
          3027.418945,
          3048.999823
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3030.0,
        "volume": 75,
        "typical_volume": 6257.0,
        "trend": 3130.154093,
        "fair_value": 3198.902175,
        "relative_strength": -15.080236,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 20.415381,
        "energy": 32.029759,
        "activity_lines": [
          3140.715983,
          3088.093732,
          3027.467699,
          3040.586627
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3340.0,
        "volume": 7048,
        "typical_volume": 6258.15,
        "trend": 3110.880851,
        "fair_value": 3206.953781,
        "relative_strength": -6.377652,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.950912,
        "energy": 47.619936,
        "activity_lines": [
          3201.069987,
          3145.606055,
          3058.202167,
          3054.125072
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3665.0,
        "volume": 1614,
        "typical_volume": 6296.35,
        "trend": 3106.619735,
        "fair_value": 3216.504678,
        "relative_strength": 3.371865,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 62.247053,
        "energy": 70.066996,
        "activity_lines": [
          3359.757324,
          3251.565807,
          3118.635683,
          3089.874695
        ]
      }
    ],
    "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."
    }
  }
}