{
  "ticker": {
    "uuid": "bc4b83bf-80fb-402c-a76b-5170fae140a3",
    "symbol": "VEEDOL",
    "name": "Veedol Corporation Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 68.821,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "up",
    "architecture_direction": 55.715,
    "architecture_energy": 21.861,
    "architecture_maturity": 31.822,
    "architecture_confidence": 81.109,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 58.49,
        "rotation_up": 33.93,
        "upward_expansion": 54.15,
        "deceleration": 86.22,
        "rotation_down": 30.24,
        "downward_expansion": 21.82
      },
      "activity_lines": [
        1435.400716,
        1433.268664,
        1432.792642,
        1420.109026
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 1497.300049,
    "trend_reference": 1413.429643,
    "distance_from_trend": 0.059338,
    "trend_direction": "Weakening",
    "fair_value": 1572.37924,
    "distance_from_fair_value": -0.047749,
    "fair_value_direction": "Weakening",
    "relative_strength": -1.212104,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.013881,
    "excess_performance": 0.05759,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.059338,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.045993,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.047749,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.040899,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.012121,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.008501,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.013881,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.91387,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 120280,
      "relative_activity": 2.679498,
      "balance": 0.91387,
      "dry_up": 1.404503,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.042305,
      "annualized_volatility": 0.253065,
      "from_high_reference": -0.248022,
      "from_low_reference": 0.209255
    },
    "levels": {
      "trend_reference": 1413.429643,
      "fair_value_reference": 1572.37924,
      "structural_low": 1238.199951,
      "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": 9,
        "median_return": -0.011143,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.005569,
        "regime_survival": 0.777778,
        "best_return": 0.064454,
        "worst_return": -0.053137,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.05564,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.083195,
        "regime_survival": 0.333333,
        "best_return": -0.026151,
        "worst_return": -0.131589,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.058861,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.06562,
        "regime_survival": 0.0,
        "best_return": 0.062185,
        "worst_return": -0.179908,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.024757,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.015461,
        "regime_survival": 0.5,
        "best_return": 0.174033,
        "worst_return": -0.124519,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-22",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": 0.237537,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-03",
        "end": "2024-09-20",
        "tenure": "Established",
        "return": 0.319514,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-27",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.197488,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-01",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": -0.009679,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-13",
        "end": "2025-05-09",
        "tenure": "Established",
        "return": -0.175125,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-05-23",
        "tenure": "New",
        "return": -0.010387,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-30",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.013245,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": -0.033051,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-15",
        "end": "2025-09-12",
        "tenure": "Developing",
        "return": 0.096685,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": -0.115303,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-31",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": -0.056564,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-19",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": -0.078707,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-23",
        "end": "2026-05-08",
        "tenure": "Established",
        "return": 0.081935,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-15",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.044944,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1037.934814,
        "volume": 158359,
        "typical_volume": 216661.8,
        "trend": 864.344513,
        "fair_value": 1056.175017,
        "relative_strength": 9.497162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.818151,
        "energy": 76.464553,
        "activity_lines": [
          1035.618412,
          1005.99565,
          933.941884,
          896.361783
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1043.488647,
        "volume": 705801,
        "typical_volume": 249891.0,
        "trend": 870.197357,
        "fair_value": 1058.030295,
        "relative_strength": 10.44687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.765106,
        "energy": 65.459788,
        "activity_lines": [
          1041.609859,
          1018.406812,
          949.545566,
          907.91947
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1059.920898,
        "volume": 175204,
        "typical_volume": 255966.4,
        "trend": 876.715784,
        "fair_value": 1060.256369,
        "relative_strength": 11.396804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.275084,
        "energy": 63.527255,
        "activity_lines": [
          1049.412858,
          1031.003423,
          965.483303,
          920.159698
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1111.420532,
        "volume": 350672,
        "typical_volume": 270325.2,
        "trend": 884.376562,
        "fair_value": 1062.820921,
        "relative_strength": 14.550292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.14543,
        "energy": 66.635336,
        "activity_lines": [
          1070.664502,
          1049.561675,
          985.000017,
          935.30194
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1138.639282,
        "volume": 581973,
        "typical_volume": 295358.5,
        "trend": 893.050543,
        "fair_value": 1065.565714,
        "relative_strength": 15.121556,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.193093,
        "energy": 69.357125,
        "activity_lines": [
          1096.236889,
          1069.465556,
          1005.453592,
          951.705986
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1099.899902,
        "volume": 179742,
        "typical_volume": 300855.7,
        "trend": 901.617926,
        "fair_value": 1068.176407,
        "relative_strength": 14.051009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.04861,
        "energy": 62.658937,
        "activity_lines": [
          1103.443245,
          1079.141294,
          1020.508919,
          965.051106
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1117.066284,
        "volume": 211196,
        "typical_volume": 303252.1,
        "trend": 910.882633,
        "fair_value": 1070.84259,
        "relative_strength": 15.870577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.784551,
        "energy": 62.687124,
        "activity_lines": [
          1112.240722,
          1089.863513,
          1035.696793,
          978.951
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1086.038086,
        "volume": 112578,
        "typical_volume": 303173.3,
        "trend": 919.495943,
        "fair_value": 1073.183118,
        "relative_strength": 12.48599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.082069,
        "energy": 56.341466,
        "activity_lines": [
          1105.790291,
          1092.606685,
          1046.352618,
          990.251352
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1103.893066,
        "volume": 190499,
        "typical_volume": 303748.15,
        "trend": 929.075232,
        "fair_value": 1075.676793,
        "relative_strength": 13.613153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.448934,
        "energy": 48.524128,
        "activity_lines": [
          1103.550374,
          1097.107386,
          1057.27215,
          1002.147941
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1083.513428,
        "volume": 191375,
        "typical_volume": 305807.5,
        "trend": 939.58206,
        "fair_value": 1078.025188,
        "relative_strength": 12.537729,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.180404,
        "energy": 37.930054,
        "activity_lines": [
          1095.019075,
          1096.743515,
          1064.765149,
          1012.111695
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1047.711548,
        "volume": 166064,
        "typical_volume": 301157.25,
        "trend": 949.486381,
        "fair_value": 1080.119344,
        "relative_strength": 11.483002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.56,
        "energy": 27.194434,
        "activity_lines": [
          1078.228874,
          1089.385343,
          1067.437482,
          1019.087791
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1072.910645,
        "volume": 117473,
        "typical_volume": 263387.1,
        "trend": 959.083559,
        "fair_value": 1082.460191,
        "relative_strength": 12.85579,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.126937,
        "energy": 23.430044,
        "activity_lines": [
          1073.317595,
          1086.431066,
          1071.315333,
          1027.050647
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1090.352417,
        "volume": 261360,
        "typical_volume": 260183.25,
        "trend": 969.378198,
        "fair_value": 1084.727201,
        "relative_strength": 13.230784,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.104702,
        "energy": 21.277485,
        "activity_lines": [
          1077.163949,
          1086.113075,
          1075.980282,
          1035.519605
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1166.776001,
        "volume": 842390,
        "typical_volume": 291353.2,
        "trend": 982.811186,
        "fair_value": 1087.321033,
        "relative_strength": 18.786967,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.734385,
        "energy": 37.320179,
        "activity_lines": [
          1106.197209,
          1099.136981,
          1086.887775,
          1048.254948
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1177.619873,
        "volume": 303387,
        "typical_volume": 285666.8,
        "trend": 996.072021,
        "fair_value": 1090.118423,
        "relative_strength": 18.983475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.786898,
        "energy": 48.75328,
        "activity_lines": [
          1134.652897,
          1113.126037,
          1097.620715,
          1060.82325
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1269.102783,
        "volume": 1082131,
        "typical_volume": 327811.4,
        "trend": 1012.228536,
        "fair_value": 1093.457667,
        "relative_strength": 24.68036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.73343,
        "energy": 77.195692,
        "activity_lines": [
          1187.329126,
          1143.039611,
          1116.046624,
          1078.438138
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1273.485718,
        "volume": 1942252,
        "typical_volume": 411557.75,
        "trend": 1028.481403,
        "fair_value": 1096.863369,
        "relative_strength": 20.442144,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.034146,
        "energy": 83.769907,
        "activity_lines": [
          1226.706917,
          1170.673666,
          1133.54086,
          1095.29344
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1246.814941,
        "volume": 233022,
        "typical_volume": 415044.65,
        "trend": 1043.898004,
        "fair_value": 1100.127171,
        "relative_strength": 14.953891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.637671,
        "energy": 82.41647,
        "activity_lines": [
          1243.822778,
          1190.6145,
          1147.137949,
          1109.379475
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1257.865601,
        "volume": 367287,
        "typical_volume": 418781.05,
        "trend": 1059.42972,
        "fair_value": 1103.394761,
        "relative_strength": 16.147356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.523038,
        "energy": 79.479757,
        "activity_lines": [
          1254.191357,
          1209.641329,
          1160.631947,
          1123.183836
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1318.760742,
        "volume": 458762,
        "typical_volume": 431576.35,
        "trend": 1077.148043,
        "fair_value": 1107.084365,
        "relative_strength": 19.121325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.455703,
        "energy": 76.45245,
        "activity_lines": [
          1278.785677,
          1236.940501,
          1178.888683,
          1139.914869
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1301.648804,
        "volume": 230517,
        "typical_volume": 435184.25,
        "trend": 1093.973391,
        "fair_value": 1110.532122,
        "relative_strength": 17.249042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.384434,
        "energy": 60.399286,
        "activity_lines": [
          1288.266626,
          1256.851187,
          1194.268497,
          1154.398789
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1285.422241,
        "volume": 140275,
        "typical_volume": 406907.95,
        "trend": 1107.175273,
        "fair_value": 1113.997753,
        "relative_strength": 14.425744,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.587816,
        "energy": 55.885032,
        "activity_lines": [
          1290.168986,
          1269.194549,
          1206.847143,
          1166.750328
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1270.594849,
        "volume": 177963,
        "typical_volume": 407045.9,
        "trend": 1120.434607,
        "fair_value": 1117.417664,
        "relative_strength": 14.12709,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.765572,
        "energy": 50.802145,
        "activity_lines": [
          1286.333114,
          1274.978174,
          1216.861591,
          1177.293527
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1298.75769,
        "volume": 124873,
        "typical_volume": 395755.95,
        "trend": 1133.285109,
        "fair_value": 1121.118383,
        "relative_strength": 17.624479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.636236,
        "energy": 47.21063,
        "activity_lines": [
          1290.299528,
          1282.60518,
          1228.555006,
          1188.798242
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1668.838745,
        "volume": 2152570,
        "typical_volume": 474285.8,
        "trend": 1156.796893,
        "fair_value": 1127.080551,
        "relative_strength": 46.156012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.835675,
        "energy": 74.13854,
        "activity_lines": [
          1414.900155,
          1355.119984,
          1274.602154,
          1223.350089
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1539.914307,
        "volume": 365279,
        "typical_volume": 483562.65,
        "trend": 1175.267619,
        "fair_value": 1132.106655,
        "relative_strength": 34.252641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.15249,
        "energy": 78.681761,
        "activity_lines": [
          1473.187435,
          1395.262729,
          1305.846024,
          1248.067342
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1585.515747,
        "volume": 285775,
        "typical_volume": 487291.6,
        "trend": 1195.168121,
        "fair_value": 1137.510388,
        "relative_strength": 35.471897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.076851,
        "energy": 82.632102,
        "activity_lines": [
          1530.790828,
          1438.772798,
          1339.337582,
          1274.534963
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1602.985718,
        "volume": 306944,
        "typical_volume": 497009.9,
        "trend": 1215.129232,
        "fair_value": 1142.980993,
        "relative_strength": 34.737477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.215574,
        "energy": 84.502243,
        "activity_lines": [
          1574.211312,
          1479.785953,
          1372.262235,
          1300.845776
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1525.557373,
        "volume": 182758,
        "typical_volume": 496622.85,
        "trend": 1231.30988,
        "fair_value": 1147.714349,
        "relative_strength": 26.569624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.667107,
        "energy": 60.573676,
        "activity_lines": [
          1569.662956,
          1500.245395,
          1395.351104,
          1320.873398
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1491.562256,
        "volume": 98262,
        "typical_volume": 491967.2,
        "trend": 1245.800431,
        "fair_value": 1152.369722,
        "relative_strength": 22.080374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.011595,
        "energy": 51.909318,
        "activity_lines": [
          1538.662915,
          1509.656783,
          1413.194419,
          1337.663874
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1363.000244,
        "volume": 215566,
        "typical_volume": 494442.3,
        "trend": 1256.635946,
        "fair_value": 1156.390025,
        "relative_strength": 13.372144,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.39638,
        "energy": 31.347614,
        "activity_lines": [
          1476.627303,
          1492.551414,
          1416.850642,
          1345.225152
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1344.969604,
        "volume": 129233,
        "typical_volume": 495030.3,
        "trend": 1266.685311,
        "fair_value": 1160.328246,
        "relative_strength": 10.894226,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.559975,
        "energy": 21.868222,
        "activity_lines": [
          1420.375749,
          1471.052266,
          1417.288286,
          1350.924097
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1312.383179,
        "volume": 119138,
        "typical_volume": 487919.2,
        "trend": 1275.10072,
        "fair_value": 1163.997283,
        "relative_strength": 6.511961,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.765737,
        "energy": 21.352175,
        "activity_lines": [
          1369.298462,
          1442.545634,
          1413.326943,
          1353.872347
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1514.476074,
        "volume": 295712,
        "typical_volume": 460585.3,
        "trend": 1288.535905,
        "fair_value": 1168.866265,
        "relative_strength": 20.938655,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.982399,
        "energy": 23.388,
        "activity_lines": [
          1404.958976,
          1450.023378,
          1427.555253,
          1369.315918
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1499.826416,
        "volume": 174263,
        "typical_volume": 454129.1,
        "trend": 1300.575476,
        "fair_value": 1173.762201,
        "relative_strength": 18.803406,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.316904,
        "energy": 17.819389,
        "activity_lines": [
          1436.475024,
          1450.915394,
          1438.732643,
          1382.947564
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1488.885742,
        "volume": 116954,
        "typical_volume": 405870.25,
        "trend": 1313.541671,
        "fair_value": 1178.44526,
        "relative_strength": 18.945117,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.452648,
        "energy": 25.069408,
        "activity_lines": [
          1463.793237,
          1452.891149,
          1447.333747,
          1395.096614
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1664.449463,
        "volume": 539767,
        "typical_volume": 335746.0,
        "trend": 1331.787777,
        "fair_value": 1184.273612,
        "relative_strength": 29.977612,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 67.423648,
        "energy": 47.872562,
        "activity_lines": [
          1541.240324,
          1487.715372,
          1471.608619,
          1417.735826
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1712.108398,
        "volume": 473844,
        "typical_volume": 347787.1,
        "trend": 1352.656787,
        "fair_value": 1190.383156,
        "relative_strength": 31.911651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.319015,
        "energy": 71.391762,
        "activity_lines": [
          1613.275065,
          1529.769698,
          1498.560706,
          1442.27264
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1667.782959,
        "volume": 318021,
        "typical_volume": 345323.8,
        "trend": 1371.453117,
        "fair_value": 1195.977697,
        "relative_strength": 29.53636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.92856,
        "energy": 73.040467,
        "activity_lines": [
          1643.886312,
          1561.780804,
          1519.075639,
          1462.603361
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1784.935181,
        "volume": 578256,
        "typical_volume": 351298.5,
        "trend": 1394.833842,
        "fair_value": 1201.565029,
        "relative_strength": 34.488857,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.758533,
        "energy": 84.389179,
        "activity_lines": [
          1703.32784,
          1612.506394,
          1548.79594,
          1489.279623
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1751.925903,
        "volume": 394352,
        "typical_volume": 359490.25,
        "trend": 1418.307654,
        "fair_value": 1203.432184,
        "relative_strength": 27.784764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.141519,
        "energy": 79.516684,
        "activity_lines": [
          1732.759025,
          1651.896245,
          1573.152621,
          1512.317821
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1680.742432,
        "volume": 232480,
        "typical_volume": 364100.5,
        "trend": 1438.568713,
        "fair_value": 1200.674661,
        "relative_strength": 23.633843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.784939,
        "energy": 64.667132,
        "activity_lines": [
          1720.926375,
          1671.27227,
          1588.585747,
          1529.249097
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1708.304932,
        "volume": 257168,
        "typical_volume": 368060.75,
        "trend": 1459.167131,
        "fair_value": 1199.229396,
        "relative_strength": 20.396391,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.794191,
        "energy": 48.437129,
        "activity_lines": [
          1717.195028,
          1689.554699,
          1604.761397,
          1546.651433
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1787.094971,
        "volume": 229215,
        "typical_volume": 373277.85,
        "trend": 1479.84443,
        "fair_value": 1197.966373,
        "relative_strength": 23.876856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.986642,
        "energy": 50.609663,
        "activity_lines": [
          1739.980591,
          1714.964012,
          1626.356526,
          1567.808068
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1819.071167,
        "volume": 187965,
        "typical_volume": 275047.6,
        "trend": 1501.226139,
        "fair_value": 1196.450267,
        "relative_strength": 24.70755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.830408,
        "energy": 50.358341,
        "activity_lines": [
          1765.470752,
          1741.230471,
          1648.671591,
          1589.693664
        ]
      },
      {
        "date": "2024-06-28",
        "close": 2151.697998,
        "volume": 1505391,
        "typical_volume": 332053.2,
        "trend": 1530.64598,
        "fair_value": 1196.048537,
        "relative_strength": 42.525156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.889,
        "energy": 78.461321,
        "activity_lines": [
          1899.560791,
          1822.170086,
          1701.950009,
          1631.659591
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2235.38208,
        "volume": 440434,
        "typical_volume": 339786.15,
        "trend": 1562.709192,
        "fair_value": 1192.300948,
        "relative_strength": 44.304976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.370521,
        "energy": 94.84142,
        "activity_lines": [
          2034.894051,
          1906.273857,
          1760.285085,
          1677.126436
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2241.253662,
        "volume": 316806,
        "typical_volume": 340279.25,
        "trend": 1595.857149,
        "fair_value": 1189.548499,
        "relative_strength": 41.871069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.991115,
        "energy": 92.941229,
        "activity_lines": [
          2135.208529,
          1981.064595,
          1816.084757,
          1720.903498
        ]
      },
      {
        "date": "2024-07-19",
        "close": 2139.12207,
        "volume": 164181,
        "typical_volume": 339350.4,
        "trend": 1625.232365,
        "fair_value": 1187.128959,
        "relative_strength": 33.765743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.925453,
        "energy": 87.561191,
        "activity_lines": [
          2165.949227,
          2027.66513,
          1859.11824,
          1755.952848
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2488.792725,
        "volume": 472427,
        "typical_volume": 358058.65,
        "trend": 1664.233431,
        "fair_value": 1186.228872,
        "relative_strength": 51.532031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.004821,
        "energy": 93.967288,
        "activity_lines": [
          2289.778337,
          2129.272346,
          1932.531953,
          1811.66642
        ]
      },
      {
        "date": "2024-08-02",
        "close": 2457.779541,
        "volume": 389125,
        "typical_volume": 366736.6,
        "trend": 1702.771122,
        "fair_value": 1187.878884,
        "relative_strength": 48.362449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.658621,
        "energy": 78.228571,
        "activity_lines": [
          2358.621615,
          2212.44339,
          1998.243313,
          1862.862943
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2275.439453,
        "volume": 217422,
        "typical_volume": 371146.05,
        "trend": 1735.771696,
        "fair_value": 1190.907458,
        "relative_strength": 37.788363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.519308,
        "energy": 64.907212,
        "activity_lines": [
          2346.279427,
          2249.62799,
          2041.375716,
          1899.809287
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2249.444824,
        "volume": 193992,
        "typical_volume": 374888.75,
        "trend": 1768.400028,
        "fair_value": 1194.922041,
        "relative_strength": 33.810992,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.412528,
        "energy": 60.32567,
        "activity_lines": [
          2322.601872,
          2271.273619,
          2077.601631,
          1932.949489
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2522.931396,
        "volume": 234859,
        "typical_volume": 371846.1,
        "trend": 1809.205819,
        "fair_value": 1201.276086,
        "relative_strength": 46.423216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.098362,
        "energy": 61.923916,
        "activity_lines": [
          2389.540429,
          2332.805173,
          2135.411687,
          1981.628932
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2471.036865,
        "volume": 221005,
        "typical_volume": 374183.2,
        "trend": 1835.945756,
        "fair_value": 1207.399577,
        "relative_strength": 39.390508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.254596,
        "energy": 55.351642,
        "activity_lines": [
          2413.593522,
          2371.522514,
          2183.47724,
          2024.327709
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2344.284424,
        "volume": 134874,
        "typical_volume": 375079.2,
        "trend": 1862.758093,
        "fair_value": 1211.642138,
        "relative_strength": 32.890742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.719398,
        "energy": 49.291125,
        "activity_lines": [
          2396.579525,
          2375.340035,
          2214.846319,
          2057.123752
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2292.105957,
        "volume": 79618,
        "typical_volume": 352071.75,
        "trend": 1886.3111,
        "fair_value": 1215.905005,
        "relative_strength": 26.185949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.982021,
        "energy": 45.053588,
        "activity_lines": [
          2369.739046,
          2366.16899,
          2237.172694,
          2084.823614
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2259.151367,
        "volume": 135755,
        "typical_volume": 335167.3,
        "trend": 1908.183289,
        "fair_value": 1220.656984,
        "relative_strength": 21.245249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.769451,
        "energy": 30.697394,
        "activity_lines": [
          2330.802604,
          2349.974858,
          2253.371696,
          2108.877825
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2155.883789,
        "volume": 88005,
        "typical_volume": 323666.5,
        "trend": 1929.194169,
        "fair_value": 1224.811719,
        "relative_strength": 13.220592,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.205107,
        "energy": 21.830627,
        "activity_lines": [
          2256.796533,
          2314.67939,
          2257.130724,
          2124.858502
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2070.987549,
        "volume": 68765,
        "typical_volume": 298191.95,
        "trend": 1948.508345,
        "fair_value": 1228.215878,
        "relative_strength": 13.002056,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.884111,
        "energy": 19.343165,
        "activity_lines": [
          2178.961556,
          2263.643484,
          2250.480106,
          2134.006462
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1942.577637,
        "volume": 110494,
        "typical_volume": 283999.05,
        "trend": 1967.827592,
        "fair_value": 1230.923913,
        "relative_strength": 5.601533,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.086663,
        "energy": 22.278961,
        "activity_lines": [
          2084.993229,
          2196.856778,
          2230.237819,
          2133.623836
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1937.321777,
        "volume": 69830,
        "typical_volume": 275866.55,
        "trend": 1987.572664,
        "fair_value": 1234.068415,
        "relative_strength": 5.165115,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.928953,
        "energy": 28.001467,
        "activity_lines": [
          2016.053402,
          2138.481769,
          2208.587108,
          2131.655719
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1730.123535,
        "volume": 104446,
        "typical_volume": 268230.45,
        "trend": 2001.497343,
        "fair_value": 1236.236528,
        "relative_strength": -3.880077,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -44.868782,
        "energy": 63.848497,
        "activity_lines": [
          1901.699772,
          2048.581947,
          2165.981424,
          2115.046098
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1861.137695,
        "volume": 60791,
        "typical_volume": 259809.25,
        "trend": 2013.05273,
        "fair_value": 1238.820901,
        "relative_strength": 2.323581,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.153384,
        "energy": 61.769164,
        "activity_lines": [
          1866.286051,
          1991.945086,
          2135.749382,
          2105.990636
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1838.45752,
        "volume": 66992,
        "typical_volume": 253760.6,
        "trend": 2024.340434,
        "fair_value": 1241.280741,
        "relative_strength": 1.210039,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.414321,
        "energy": 60.493975,
        "activity_lines": [
          1842.962012,
          1943.21717,
          2103.004739,
          2094.726429
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1709.006104,
        "volume": 73523,
        "typical_volume": 182167.2,
        "trend": 2031.677779,
        "fair_value": 1243.195677,
        "relative_strength": -3.787541,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.910397,
        "energy": 68.191861,
        "activity_lines": [
          1791.989502,
          1882.454075,
          2057.839073,
          2074.382279
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1650.091064,
        "volume": 87390,
        "typical_volume": 164515.0,
        "trend": 2031.199166,
        "fair_value": 1245.042423,
        "relative_strength": -8.781133,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.820605,
        "energy": 70.033007,
        "activity_lines": [
          1736.950081,
          1822.52967,
          2009.170508,
          2049.763781
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1780.695679,
        "volume": 91537,
        "typical_volume": 153251.55,
        "trend": 2033.485409,
        "fair_value": 1247.434999,
        "relative_strength": -2.75056,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.206322,
        "energy": 61.301027,
        "activity_lines": [
          1744.594247,
          1798.024556,
          1975.727577,
          2033.602266
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1843.123169,
        "volume": 57212,
        "typical_volume": 147903.1,
        "trend": 2039.330082,
        "fair_value": 1251.026514,
        "relative_strength": -1.918082,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -62.883687,
        "energy": 63.641347,
        "activity_lines": [
          1769.676099,
          1793.56909,
          1950.423256,
          2021.320831
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1756.884033,
        "volume": 47805,
        "typical_volume": 126672.0,
        "trend": 2038.395044,
        "fair_value": 1254.344809,
        "relative_strength": -7.149626,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.542187,
        "energy": 49.362001,
        "activity_lines": [
          1767.212541,
          1779.120337,
          1918.315201,
          2003.098505
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1620.194824,
        "volume": 73506,
        "typical_volume": 110891.05,
        "trend": 2034.004008,
        "fair_value": 1256.698353,
        "relative_strength": -10.307683,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.316367,
        "energy": 53.624391,
        "activity_lines": [
          1724.624145,
          1745.529974,
          1876.674406,
          1976.117846
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1591.927612,
        "volume": 38201,
        "typical_volume": 101930.0,
        "trend": 2031.043514,
        "fair_value": 1258.781063,
        "relative_strength": -12.843466,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.26688,
        "energy": 59.741218,
        "activity_lines": [
          1678.534098,
          1712.661623,
          1836.329995,
          1947.596788
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1602.65979,
        "volume": 65545,
        "typical_volume": 95507.65,
        "trend": 2027.522009,
        "fair_value": 1260.432585,
        "relative_strength": -13.103701,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.00863,
        "energy": 73.237811,
        "activity_lines": [
          1639.899007,
          1688.024472,
          1800.262514,
          1919.959129
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1596.910278,
        "volume": 100980,
        "typical_volume": 88813.7,
        "trend": 2021.182519,
        "fair_value": 1262.142096,
        "relative_strength": -11.506305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.137795,
        "energy": 77.840571,
        "activity_lines": [
          1611.216471,
          1664.659477,
          1766.727389,
          1892.177727
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1523.463257,
        "volume": 137084,
        "typical_volume": 84617.65,
        "trend": 2011.328922,
        "fair_value": 1263.888724,
        "relative_strength": -14.892276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.88455,
        "energy": 69.923279,
        "activity_lines": [
          1574.465788,
          1632.744613,
          1730.606934,
          1860.066807
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1460.843994,
        "volume": 73155,
        "typical_volume": 81531.7,
        "trend": 1988.300456,
        "fair_value": 1265.47818,
        "relative_strength": -18.047982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.163998,
        "energy": 73.772863,
        "activity_lines": [
          1532.403402,
          1595.171597,
          1693.034995,
          1824.55165
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1459.789917,
        "volume": 64088,
        "typical_volume": 80755.2,
        "trend": 1962.447384,
        "fair_value": 1266.679862,
        "relative_strength": -19.270034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.182138,
        "energy": 71.005477,
        "activity_lines": [
          1500.613045,
          1561.91897,
          1659.569527,
          1790.454196
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1534.818115,
        "volume": 60915,
        "typical_volume": 77013.2,
        "trend": 1938.899532,
        "fair_value": 1268.752009,
        "relative_strength": -15.188828,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.268249,
        "energy": 59.651836,
        "activity_lines": [
          1502.641268,
          1545.767853,
          1637.213011,
          1762.865211
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1421.486816,
        "volume": 59616,
        "typical_volume": 75593.75,
        "trend": 1914.978357,
        "fair_value": 1270.207318,
        "relative_strength": -19.089337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.08336,
        "energy": 66.993164,
        "activity_lines": [
          1471.415169,
          1513.481547,
          1607.512245,
          1729.483745
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1468.528442,
        "volume": 65350,
        "typical_volume": 75423.0,
        "trend": 1880.969547,
        "fair_value": 1272.547897,
        "relative_strength": -15.759026,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.559979,
        "energy": 54.704208,
        "activity_lines": [
          1467.56451,
          1497.41438,
          1585.788761,
          1700.680525
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1388.837769,
        "volume": 51239,
        "typical_volume": 72460.25,
        "trend": 1845.338155,
        "fair_value": 1274.854292,
        "relative_strength": -17.799386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.679737,
        "energy": 57.66477,
        "activity_lines": [
          1440.812614,
          1472.100828,
          1559.344543,
          1668.930088
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1498.955688,
        "volume": 116522,
        "typical_volume": 74794.85,
        "trend": 1819.455363,
        "fair_value": 1277.792043,
        "relative_strength": -12.968169,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.040335,
        "energy": 47.783384,
        "activity_lines": [
          1455.567106,
          1471.015208,
          1546.024602,
          1646.582832
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1367.442139,
        "volume": 38753,
        "typical_volume": 71510.2,
        "trend": 1790.055273,
        "fair_value": 1279.897605,
        "relative_strength": -20.036727,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.070765,
        "energy": 50.388451,
        "activity_lines": [
          1423.872697,
          1447.708432,
          1522.267018,
          1617.420688
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1406.369751,
        "volume": 67749,
        "typical_volume": 71858.1,
        "trend": 1752.836552,
        "fair_value": 1282.421504,
        "relative_strength": -21.104845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.521056,
        "energy": 47.402525,
        "activity_lines": [
          1416.312557,
          1435.756088,
          1503.943881,
          1592.666783
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1318.758545,
        "volume": 161155,
        "typical_volume": 76566.25,
        "trend": 1714.427275,
        "fair_value": 1284.461661,
        "relative_strength": -26.500969,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.708573,
        "energy": 50.060881,
        "activity_lines": [
          1380.556486,
          1411.338807,
          1479.44238,
          1564.661751
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1379.564697,
        "volume": 67105,
        "typical_volume": 76245.35,
        "trend": 1682.26995,
        "fair_value": 1286.650492,
        "relative_strength": -20.907553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.488369,
        "energy": 46.350843,
        "activity_lines": [
          1375.053792,
          1401.699094,
          1463.206699,
          1543.057713
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1376.618652,
        "volume": 49858,
        "typical_volume": 74368.75,
        "trend": 1651.753707,
        "fair_value": 1288.532889,
        "relative_strength": -20.687895,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.648023,
        "energy": 42.488114,
        "activity_lines": [
          1369.187288,
          1393.001542,
          1448.259211,
          1523.338275
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1441.192261,
        "volume": 30534,
        "typical_volume": 71318.6,
        "trend": 1624.488403,
        "fair_value": 1291.144579,
        "relative_strength": -20.392182,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.142968,
        "energy": 39.251208,
        "activity_lines": [
          1393.001123,
          1397.556851,
          1440.76384,
          1509.753665
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1434.430542,
        "volume": 64054,
        "typical_volume": 71660.7,
        "trend": 1600.439962,
        "fair_value": 1293.947914,
        "relative_strength": -21.093064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.117262,
        "energy": 26.389825,
        "activity_lines": [
          1409.644377,
          1402.585045,
          1434.241178,
          1497.491868
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1401.684937,
        "volume": 28075,
        "typical_volume": 70674.2,
        "trend": 1578.129875,
        "fair_value": 1296.910373,
        "relative_strength": -23.505853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.74445,
        "energy": 22.575454,
        "activity_lines": [
          1413.501709,
          1401.424152,
          1426.546043,
          1484.668963
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1449.209473,
        "volume": 71099,
        "typical_volume": 70553.85,
        "trend": 1561.684269,
        "fair_value": 1300.486717,
        "relative_strength": -19.482701,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.449212,
        "energy": 16.207909,
        "activity_lines": [
          1427.672128,
          1410.11942,
          1425.068479,
          1476.351518
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1636.699707,
        "volume": 115995,
        "typical_volume": 74443.55,
        "trend": 1551.663533,
        "fair_value": 1304.985994,
        "relative_strength": -12.42797,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 10.72707,
        "energy": 15.851111,
        "activity_lines": [
          1499.696306,
          1451.806155,
          1442.261343,
          1481.191224
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1619.698975,
        "volume": 97722,
        "typical_volume": 76052.4,
        "trend": 1547.982715,
        "fair_value": 1309.456383,
        "relative_strength": -12.505517,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.024827,
        "energy": 30.281847,
        "activity_lines": [
          1548.714836,
          1487.89741,
          1457.621889,
          1485.580607
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1640.949951,
        "volume": 139343,
        "typical_volume": 77970.55,
        "trend": 1540.643123,
        "fair_value": 1313.941468,
        "relative_strength": -10.799522,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 30.91417,
        "energy": 47.405459,
        "activity_lines": [
          1592.916577,
          1523.265991,
          1474.925199,
          1491.578493
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1595.357178,
        "volume": 55331,
        "typical_volume": 73882.9,
        "trend": 1532.539779,
        "fair_value": 1318.453545,
        "relative_strength": -13.940699,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.102151,
        "energy": 53.934874,
        "activity_lines": [
          1608.152767,
          1546.079883,
          1487.676627,
          1495.108432
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1624.528687,
        "volume": 622803,
        "typical_volume": 101365.3,
        "trend": 1529.723865,
        "fair_value": 1323.300566,
        "relative_strength": -11.118023,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.885591,
        "energy": 56.705151,
        "activity_lines": [
          1620.20131,
          1569.168619,
          1502.863942,
          1501.0432
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1597.38562,
        "volume": 96087,
        "typical_volume": 102965.25,
        "trend": 1527.967017,
        "fair_value": 1327.725532,
        "relative_strength": -13.663865,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.303123,
        "energy": 43.870619,
        "activity_lines": [
          1611.514217,
          1582.868362,
          1514.686753,
          1505.408475
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1606.851929,
        "volume": 93923,
        "typical_volume": 104615.65,
        "trend": 1522.172225,
        "fair_value": 1332.339051,
        "relative_strength": -14.329612,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.408317,
        "energy": 30.939422,
        "activity_lines": [
          1608.6035,
          1594.275306,
          1526.755898,
          1510.497824
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1662.683716,
        "volume": 140787,
        "typical_volume": 108674.2,
        "trend": 1516.157577,
        "fair_value": 1337.261363,
        "relative_strength": -10.108857,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 66.107873,
        "energy": 44.542697,
        "activity_lines": [
          1625.159847,
          1612.821491,
          1543.799339,
          1519.563082
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1660.824585,
        "volume": 104470,
        "typical_volume": 110630.2,
        "trend": 1512.955595,
        "fair_value": 1342.23582,
        "relative_strength": -8.482311,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.351521,
        "energy": 50.587307,
        "activity_lines": [
          1639.647567,
          1626.879594,
          1559.517163,
          1528.896437
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1655.834473,
        "volume": 70388,
        "typical_volume": 111587.65,
        "trend": 1514.143583,
        "fair_value": 1347.188166,
        "relative_strength": -7.57982,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.003462,
        "energy": 56.532347,
        "activity_lines": [
          1648.107422,
          1635.318775,
          1573.844043,
          1538.114429
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1631.275269,
        "volume": 50455,
        "typical_volume": 108284.3,
        "trend": 1515.455172,
        "fair_value": 1351.927768,
        "relative_strength": -7.61383,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.088284,
        "energy": 52.991893,
        "activity_lines": [
          1646.293824,
          1635.535827,
          1584.560537,
          1545.671312
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1637.243896,
        "volume": 49311,
        "typical_volume": 108812.2,
        "trend": 1516.607975,
        "fair_value": 1355.758817,
        "relative_strength": -5.41156,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.156675,
        "energy": 41.200804,
        "activity_lines": [
          1644.210457,
          1636.93671,
          1595.215379,
          1553.528649
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1605.933472,
        "volume": 48160,
        "typical_volume": 107832.75,
        "trend": 1516.908748,
        "fair_value": 1359.44814,
        "relative_strength": -5.744516,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.715427,
        "energy": 30.057824,
        "activity_lines": [
          1629.664152,
          1632.32579,
          1601.603506,
          1559.291584
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1593.898438,
        "volume": 30171,
        "typical_volume": 101283.55,
        "trend": 1519.256588,
        "fair_value": 1363.081762,
        "relative_strength": -6.777879,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.031334,
        "energy": 23.86065,
        "activity_lines": [
          1614.889518,
          1626.163346,
          1605.895135,
          1564.258661
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1603.976563,
        "volume": 51856,
        "typical_volume": 100521.1,
        "trend": 1524.027673,
        "fair_value": 1366.980084,
        "relative_strength": -6.123229,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.78248,
        "energy": 19.747292,
        "activity_lines": [
          1607.936003,
          1621.85981,
          1609.836396,
          1569.724466
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1616.207153,
        "volume": 29518,
        "typical_volume": 99504.1,
        "trend": 1529.241581,
        "fair_value": 1370.722133,
        "relative_strength": -2.827241,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.133125,
        "energy": 19.758009,
        "activity_lines": [
          1608.516545,
          1620.153693,
          1613.873847,
          1575.671529
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1590.865234,
        "volume": 35240,
        "typical_volume": 99739.4,
        "trend": 1531.109819,
        "fair_value": 1374.489644,
        "relative_strength": -4.757661,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.576094,
        "energy": 14.878968,
        "activity_lines": [
          1601.654321,
          1613.497745,
          1614.356885,
          1579.647249
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1748.004639,
        "volume": 205981,
        "typical_volume": 106835.75,
        "trend": 1541.993746,
        "fair_value": 1379.531163,
        "relative_strength": 3.709948,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 77.281713,
        "energy": 47.130282,
        "activity_lines": [
          1650.26381,
          1635.703265,
          1629.092851,
          1593.640463
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1939.879028,
        "volume": 985959,
        "typical_volume": 154729.95,
        "trend": 1557.705432,
        "fair_value": 1385.960796,
        "relative_strength": 14.486689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.723524,
        "energy": 89.225807,
        "activity_lines": [
          1753.360018,
          1691.243748,
          1660.609359,
          1619.310481
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1768.062988,
        "volume": 108180,
        "typical_volume": 156584.0,
        "trend": 1570.346273,
        "fair_value": 1391.477238,
        "relative_strength": 7.520964,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.510898,
        "energy": 77.633164,
        "activity_lines": [
          1776.118839,
          1710.471234,
          1673.199606,
          1632.881936
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1806.026978,
        "volume": 62841,
        "typical_volume": 153926.3,
        "trend": 1580.581983,
        "fair_value": 1397.119985,
        "relative_strength": 9.095006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.309466,
        "energy": 81.335588,
        "activity_lines": [
          1800.593229,
          1734.560744,
          1687.887121,
          1648.087143
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1824.617554,
        "volume": 107045,
        "typical_volume": 154392.45,
        "trend": 1595.821163,
        "fair_value": 1403.049123,
        "relative_strength": 8.690894,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.309481,
        "energy": 78.962673,
        "activity_lines": [
          1818.609823,
          1758.853056,
          1703.538846,
          1663.831373
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1764.442627,
        "volume": 55113,
        "typical_volume": 150180.95,
        "trend": 1607.756926,
        "fair_value": 1408.540941,
        "relative_strength": 3.65068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.668484,
        "energy": 48.543889,
        "activity_lines": [
          1800.984619,
          1768.797679,
          1712.483823,
          1674.710178
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1716.204956,
        "volume": 44928,
        "typical_volume": 149660.8,
        "trend": 1621.005139,
        "fair_value": 1413.70682,
        "relative_strength": 0.630257,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.629929,
        "energy": 33.441126,
        "activity_lines": [
          1766.184326,
          1767.08983,
          1716.246676,
          1681.706825
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1722.467041,
        "volume": 44510,
        "typical_volume": 120746.15,
        "trend": 1632.435217,
        "fair_value": 1418.849921,
        "relative_strength": 1.56823,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.568683,
        "energy": 24.129038,
        "activity_lines": [
          1748.383,
          1764.296788,
          1720.030452,
          1688.252754
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1696.342407,
        "volume": 43731,
        "typical_volume": 118128.35,
        "trend": 1643.092676,
        "fair_value": 1423.948847,
        "relative_strength": 1.212525,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.347528,
        "energy": 20.786494,
        "activity_lines": [
          1724.913192,
          1754.599441,
          1720.859795,
          1692.375798
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1738.478516,
        "volume": 61982,
        "typical_volume": 116531.3,
        "trend": 1653.002218,
        "fair_value": 1429.422743,
        "relative_strength": 2.21941,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.409817,
        "energy": 18.946335,
        "activity_lines": [
          1722.801058,
          1751.106199,
          1725.230877,
          1698.529724
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1641.879883,
        "volume": 40960,
        "typical_volume": 111539.95,
        "trend": 1659.917196,
        "fair_value": 1434.247009,
        "relative_strength": -3.875918,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.456917,
        "energy": 12.920088,
        "activity_lines": [
          1694.231983,
          1727.365692,
          1719.775297,
          1697.812154
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1620.083252,
        "volume": 24459,
        "typical_volume": 107539.4,
        "trend": 1667.19714,
        "fair_value": 1438.508712,
        "relative_strength": -5.307436,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.810232,
        "energy": 19.751642,
        "activity_lines": [
          1666.568213,
          1701.591702,
          1712.342913,
          1695.242222
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1603.73584,
        "volume": 33609,
        "typical_volume": 105700.45,
        "trend": 1672.348019,
        "fair_value": 1442.831146,
        "relative_strength": -5.830977,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.275978,
        "energy": 23.590316,
        "activity_lines": [
          1639.86342,
          1678.659923,
          1703.547639,
          1691.147944
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1625.036987,
        "volume": 38835,
        "typical_volume": 105119.45,
        "trend": 1671.959261,
        "fair_value": 1447.212385,
        "relative_strength": -3.826186,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -19.840213,
        "energy": 32.938868,
        "activity_lines": [
          1628.174422,
          1662.588847,
          1697.029134,
          1688.09562
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1627.613037,
        "volume": 20324,
        "typical_volume": 103670.1,
        "trend": 1672.223063,
        "fair_value": 1451.974458,
        "relative_strength": -3.202542,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.516604,
        "energy": 42.196802,
        "activity_lines": [
          1622.097803,
          1650.276871,
          1690.785674,
          1685.234573
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1652.580078,
        "volume": 30542,
        "typical_volume": 102789.2,
        "trend": 1672.610734,
        "fair_value": 1456.831457,
        "relative_strength": -1.905315,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.008637,
        "energy": 32.856403,
        "activity_lines": [
          1631.734562,
          1646.086257,
          1686.965888,
          1683.967284
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1627.117676,
        "volume": 22776,
        "typical_volume": 102419.45,
        "trend": 1673.669417,
        "fair_value": 1461.531259,
        "relative_strength": -4.325623,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.946878,
        "energy": 24.609156,
        "activity_lines": [
          1632.170508,
          1639.29998,
          1680.498985,
          1681.032248
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1563.114868,
        "volume": 38761,
        "typical_volume": 101764.7,
        "trend": 1671.62229,
        "fair_value": 1465.836279,
        "relative_strength": -5.574904,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.29449,
        "energy": 37.774867,
        "activity_lines": [
          1610.803223,
          1622.496598,
          1667.778389,
          1673.899696
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1499.508301,
        "volume": 37228,
        "typical_volume": 102150.2,
        "trend": 1668.359713,
        "fair_value": 1469.744751,
        "relative_strength": -9.258635,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -79.019086,
        "energy": 67.768026,
        "activity_lines": [
          1570.941813,
          1597.025697,
          1649.194605,
          1662.795568
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1403.50415,
        "volume": 81520,
        "typical_volume": 104464.2,
        "trend": 1661.581453,
        "fair_value": 1473.178089,
        "relative_strength": -12.690125,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.40886,
        "energy": 87.510982,
        "activity_lines": [
          1507.447599,
          1557.678298,
          1622.023276,
          1645.708112
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1420.148926,
        "volume": 52303,
        "typical_volume": 96780.3,
        "trend": 1653.496961,
        "fair_value": 1476.740787,
        "relative_strength": -12.446024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.145441,
        "energy": 89.918959,
        "activity_lines": [
          1464.442236,
          1527.447665,
          1597.329361,
          1630.13182
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1476.800049,
        "volume": 68418,
        "typical_volume": 50903.25,
        "trend": 1647.362809,
        "fair_value": 1480.55619,
        "relative_strength": -10.068302,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.896286,
        "energy": 83.632619,
        "activity_lines": [
          1455.815991,
          1511.548708,
          1579.592008,
          1618.732019
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1442.099976,
        "volume": 47595,
        "typical_volume": 47874.0,
        "trend": 1640.238326,
        "fair_value": 1484.169524,
        "relative_strength": -11.27037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.914097,
        "energy": 83.268171,
        "activity_lines": [
          1445.64423,
          1491.945796,
          1560.755024,
          1605.489256
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1421.900024,
        "volume": 31401,
        "typical_volume": 46302.0,
        "trend": 1633.259151,
        "fair_value": 1487.881201,
        "relative_strength": -12.623738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.038444,
        "energy": 76.251067,
        "activity_lines": [
          1436.806812,
          1471.609,
          1541.54644,
          1591.402914
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1393.599976,
        "volume": 46161,
        "typical_volume": 43257.8,
        "trend": 1625.137687,
        "fair_value": 1491.435527,
        "relative_strength": -12.83191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.810686,
        "energy": 63.43902,
        "activity_lines": [
          1423.709929,
          1449.820139,
          1521.47179,
          1575.941031
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1323.199951,
        "volume": 94041,
        "typical_volume": 45204.2,
        "trend": 1615.713237,
        "fair_value": 1494.612201,
        "relative_strength": -14.450469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.306789,
        "energy": 79.244131,
        "activity_lines": [
          1387.806649,
          1419.486057,
          1496.744839,
          1556.461177
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1313.900024,
        "volume": 74844,
        "typical_volume": 46700.0,
        "trend": 1606.379956,
        "fair_value": 1497.800571,
        "relative_strength": -10.166587,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.427199,
        "energy": 82.92667,
        "activity_lines": [
          1355.266658,
          1393.449809,
          1473.233337,
          1536.989357
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1331.300049,
        "volume": 65207,
        "typical_volume": 47734.85,
        "trend": 1597.290739,
        "fair_value": 1501.40949,
        "relative_strength": -8.759665,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.863463,
        "energy": 77.084872,
        "activity_lines": [
          1339.386678,
          1376.272068,
          1453.294718,
          1519.242267
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1280.800049,
        "volume": 83486,
        "typical_volume": 49722.6,
        "trend": 1586.110502,
        "fair_value": 1504.808325,
        "relative_strength": -11.087804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.895024,
        "energy": 84.553071,
        "activity_lines": [
          1314.060026,
          1354.127324,
          1430.409276,
          1498.823512
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1300.099976,
        "volume": 50915,
        "typical_volume": 49169.25,
        "trend": 1576.418327,
        "fair_value": 1508.110278,
        "relative_strength": -9.242131,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.305186,
        "energy": 68.66558,
        "activity_lines": [
          1304.573348,
          1339.468171,
          1411.340694,
          1480.37122
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1381.5,
        "volume": 52092,
        "typical_volume": 49725.85,
        "trend": 1564.201506,
        "fair_value": 1511.956347,
        "relative_strength": -8.843431,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.852361,
        "energy": 54.973301,
        "activity_lines": [
          1328.453345,
          1341.489098,
          1402.112013,
          1467.795844
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1442.0,
        "volume": 43081,
        "typical_volume": 50656.95,
        "trend": 1547.605538,
        "fair_value": 1516.30387,
        "relative_strength": -6.000263,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.927065,
        "energy": 37.465375,
        "activity_lines": [
          1368.613338,
          1355.212733,
          1399.885141,
          1459.911876
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1385.0,
        "volume": 54951,
        "typical_volume": 51724.05,
        "trend": 1534.836772,
        "fair_value": 1520.18339,
        "relative_strength": -7.946501,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.241779,
        "energy": 25.906345,
        "activity_lines": [
          1381.233333,
          1359.20546,
          1393.077712,
          1449.421196
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1423.099976,
        "volume": 38471,
        "typical_volume": 51705.85,
        "trend": 1522.072538,
        "fair_value": 1524.277574,
        "relative_strength": -5.856527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.700521,
        "energy": 25.861076,
        "activity_lines": [
          1402.973324,
          1371.163636,
          1390.940452,
          1442.212371
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1518.5,
        "volume": 79262,
        "typical_volume": 54652.75,
        "trend": 1511.86862,
        "fair_value": 1528.973729,
        "relative_strength": -0.361965,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 7.847997,
        "energy": 21.159185,
        "activity_lines": [
          1447.02666,
          1400.445455,
          1398.850514,
          1441.981885
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1432.900024,
        "volume": 53260,
        "typical_volume": 55788.65,
        "trend": 1500.8172,
        "fair_value": 1533.131314,
        "relative_strength": -3.719219,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.02237,
        "energy": 18.910674,
        "activity_lines": [
          1447.98667,
          1411.892731,
          1399.127783,
          1436.887136
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1423.400024,
        "volume": 54537,
        "typical_volume": 57376.7,
        "trend": 1491.057035,
        "fair_value": 1537.1793,
        "relative_strength": -4.512653,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.390651,
        "energy": 17.802584,
        "activity_lines": [
          1442.353345,
          1419.618188,
          1399.546385,
          1431.89248
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1437.900024,
        "volume": 29268,
        "typical_volume": 56902.05,
        "trend": 1481.571468,
        "fair_value": 1541.350383,
        "relative_strength": -2.681278,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.952627,
        "energy": 16.167859,
        "activity_lines": [
          1442.793351,
          1427.9891,
          1402.316024,
          1428.462995
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1475.800049,
        "volume": 27267,
        "typical_volume": 56404.0,
        "trend": 1474.220056,
        "fair_value": 1545.702381,
        "relative_strength": 0.677766,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.044732,
        "energy": 9.094036,
        "activity_lines": [
          1452.340031,
          1441.312744,
          1409.29145,
          1428.090646
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1397.25708,
        "volume": 10367,
        "typical_volume": 52846.35,
        "trend": 1462.846008,
        "fair_value": 1548.958095,
        "relative_strength": -5.523801,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.864199,
        "energy": 12.374486,
        "activity_lines": [
          1432.192383,
          1436.810394,
          1408.89949,
          1423.125292
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1459.694336,
        "volume": 18527,
        "typical_volume": 51157.55,
        "trend": 1456.773157,
        "fair_value": 1552.720143,
        "relative_strength": -2.821624,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.408479,
        "energy": 10.487026,
        "activity_lines": [
          1440.940015,
          1441.893779,
          1414.483683,
          1422.921959
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1445.513062,
        "volume": 0,
        "typical_volume": 47736.65,
        "trend": 1450.95415,
        "fair_value": 1556.132133,
        "relative_strength": -3.860933,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.386789,
        "energy": 8.178068,
        "activity_lines": [
          1443.174268,
          1442.977035,
          1418.528967,
          1422.195501
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1436.452759,
        "volume": 6454,
        "typical_volume": 45679.6,
        "trend": 1445.378048,
        "fair_value": 1559.163976,
        "relative_strength": -5.130621,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.875592,
        "energy": 6.772036,
        "activity_lines": [
          1440.914217,
          1442.34909,
          1421.86035,
          1421.259927
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1432.710449,
        "volume": 43655,
        "typical_volume": 46292.3,
        "trend": 1438.967163,
        "fair_value": 1562.028834,
        "relative_strength": -4.927021,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.852462,
        "energy": 7.5815,
        "activity_lines": [
          1437.503215,
          1440.10522,
          1424.862215,
          1420.442663
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1408.699951,
        "volume": 56768,
        "typical_volume": 46822.65,
        "trend": 1431.67006,
        "fair_value": 1564.72242,
        "relative_strength": -6.76701,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.868364,
        "energy": 4.234739,
        "activity_lines": [
          1428.961353,
          1433.321069,
          1425.525888,
          1418.48994
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1398.800049,
        "volume": 33870,
        "typical_volume": 43814.1,
        "trend": 1423.210726,
        "fair_value": 1567.252212,
        "relative_strength": -5.013447,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.844526,
        "energy": 9.571353,
        "activity_lines": [
          1416.356665,
          1426.733301,
          1425.174808,
          1416.369294
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1399.5,
        "volume": 41269,
        "typical_volume": 42135.35,
        "trend": 1415.62347,
        "fair_value": 1569.555815,
        "relative_strength": -7.100529,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -20.026596,
        "energy": 16.486498,
        "activity_lines": [
          1408.044914,
          1420.892796,
          1424.530389,
          1414.839569
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1497.300049,
        "volume": 120280,
        "typical_volume": 44889.0,
        "trend": 1413.429643,
        "fair_value": 1572.37924,
        "relative_strength": -1.212104,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.715333,
        "energy": 21.860546,
        "activity_lines": [
          1435.400716,
          1433.268664,
          1432.792642,
          1420.109026
        ]
      }
    ],
    "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."
    }
  }
}