{
  "ticker": {
    "uuid": "c240aa3d-1d20-40ff-8f0a-707256b778e5",
    "symbol": "AMOT",
    "name": "Amot Investments Ltd.",
    "exchange": "TLV",
    "country": "IL",
    "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": "TA35.TA",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -66.977,
    "architecture_energy": 67.658,
    "architecture_maturity": 100.0,
    "architecture_confidence": 96,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 7.88,
        "rotation_up": 29.96,
        "upward_expansion": 12.0,
        "deceleration": 60.87,
        "rotation_down": 56.15,
        "downward_expansion": 85.33
      },
      "activity_lines": [
        18.576667,
        18.665091,
        538.245285,
        937.371531
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 18.42,
    "trend_reference": 1440.327917,
    "distance_from_trend": -0.987211,
    "trend_direction": "Weakening",
    "fair_value": 1851.917149,
    "distance_from_fair_value": -0.990054,
    "fair_value_direction": "Weakening",
    "relative_strength": -99.136402,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.992329,
    "excess_performance": -1.021229,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.987211,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.365003,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.990054,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -1.096553,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.991364,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.708105,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.992329,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.288025,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 7223351,
      "relative_activity": 1.441791,
      "balance": 0.288025,
      "dry_up": 0.772771,
      "accumulation_observations": 0,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 10.250705,
      "annualized_volatility": 6.36729,
      "from_high_reference": -0.993223,
      "from_low_reference": 0.018805
    },
    "levels": {
      "trend_reference": 1440.327917,
      "fair_value_reference": 1851.917149,
      "structural_low": 18.08,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 23,
        "median_return": -0.02517,
        "positive_rate": 0.391304,
        "directional_follow_through": 0.608696,
        "median_excess_return": 0.005093,
        "regime_survival": 0.782609,
        "best_return": 0.180093,
        "worst_return": -0.991261,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.031494,
        "positive_rate": 0.625,
        "directional_follow_through": 0.375,
        "median_excess_return": 0.016489,
        "regime_survival": 0.5,
        "best_return": 0.153609,
        "worst_return": -0.99059,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.014714,
        "positive_rate": 0.2,
        "directional_follow_through": 0.8,
        "median_excess_return": -0.016916,
        "regime_survival": 0.8,
        "best_return": 0.2071,
        "worst_return": -0.146637,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.150586,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.130735,
        "regime_survival": 0.666667,
        "best_return": 0.274885,
        "worst_return": -0.157592,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-05",
        "end": "2024-08-02",
        "tenure": "Established",
        "return": -0.090749,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2024-11-01",
        "tenure": "Established",
        "return": 0.108394,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-08",
        "end": "2025-02-21",
        "tenure": "Established",
        "return": 0.058552,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-28",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": -0.062916,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.039978,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-25",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.02739,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.069937,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-04",
        "end": "2025-07-11",
        "tenure": "New",
        "return": -0.006245,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": 0.008724,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-05",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": 0.106908,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-16",
        "end": "2026-01-30",
        "tenure": "New",
        "return": -0.104128,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-06",
        "end": "2026-02-20",
        "tenure": "New",
        "return": -0.038718,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-27",
        "end": "2026-03-06",
        "tenure": "New",
        "return": 0.034151,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-13",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.991074,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1827.78418,
        "volume": 1535003,
        "typical_volume": 2672628.85,
        "trend": 1920.63844,
        "fair_value": 2100.26415,
        "relative_strength": -9.770398,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.716083,
        "energy": 14.489471,
        "activity_lines": [
          1907.487687,
          1939.993763,
          1936.642854,
          1923.427535
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1792.826782,
        "volume": 2588679,
        "typical_volume": 2758675.3,
        "trend": 1912.881181,
        "fair_value": 2100.699927,
        "relative_strength": -11.676247,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -28.493699,
        "energy": 29.414339,
        "activity_lines": [
          1856.815796,
          1909.794019,
          1924.295923,
          1915.181622
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1797.820923,
        "volume": 1376598,
        "typical_volume": 2785606.65,
        "trend": 1902.793416,
        "fair_value": 2102.050717,
        "relative_strength": -11.463627,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.75728,
        "energy": 45.711813,
        "activity_lines": [
          1826.719043,
          1885.024092,
          1912.690968,
          1907.758379
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1796.821899,
        "volume": 1807813,
        "typical_volume": 2815649.8,
        "trend": 1896.034945,
        "fair_value": 2103.695836,
        "relative_strength": -10.307684,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.477032,
        "energy": 51.994432,
        "activity_lines": [
          1809.273519,
          1863.014409,
          1901.204893,
          1900.921507
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1832.778198,
        "volume": 1103822,
        "typical_volume": 2763387.55,
        "trend": 1891.906612,
        "fair_value": 2105.526654,
        "relative_strength": -9.179409,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.611227,
        "energy": 51.338587,
        "activity_lines": [
          1810.538607,
          1850.157244,
          1893.176519,
          1896.840427
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1894.703369,
        "volume": 1499819,
        "typical_volume": 2629487.85,
        "trend": 1893.105168,
        "fair_value": 2108.426277,
        "relative_strength": -6.754083,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.282549,
        "energy": 23.033539,
        "activity_lines": [
          1838.904264,
          1850.375184,
          1891.431029,
          1897.020863
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1842.766113,
        "volume": 2106615,
        "typical_volume": 2557015.6,
        "trend": 1894.337004,
        "fair_value": 2110.385105,
        "relative_strength": -8.347596,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.756584,
        "energy": 23.60996,
        "activity_lines": [
          1845.496224,
          1842.893324,
          1885.157674,
          1893.773182
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1831.779663,
        "volume": 1020043,
        "typical_volume": 2451361.15,
        "trend": 1892.073088,
        "fair_value": 2112.235117,
        "relative_strength": -8.010963,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.200594,
        "energy": 20.442817,
        "activity_lines": [
          1845.096745,
          1837.663328,
          1878.432507,
          1889.737224
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1777.844849,
        "volume": 3540785,
        "typical_volume": 2541184.65,
        "trend": 1891.207471,
        "fair_value": 2113.816176,
        "relative_strength": -4.449173,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.863496,
        "energy": 29.755551,
        "activity_lines": [
          1824.455078,
          1825.550726,
          1866.898864,
          1882.367661
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1692.947876,
        "volume": 2128151,
        "typical_volume": 2493803.35,
        "trend": 1884.349121,
        "fair_value": 2114.86582,
        "relative_strength": -6.480672,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -74.702725,
        "energy": 59.431547,
        "activity_lines": [
          1776.779557,
          1800.181487,
          1847.665041,
          1869.576719
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1619.037476,
        "volume": 5259959,
        "typical_volume": 2581953.8,
        "trend": 1877.623942,
        "fair_value": 2115.198535,
        "relative_strength": -6.794324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.348402,
        "energy": 81.255375,
        "activity_lines": [
          1713.789258,
          1765.677868,
          1821.929577,
          1852.459839
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1787.832764,
        "volume": 6879611,
        "typical_volume": 2538147.15,
        "trend": 1875.59307,
        "fair_value": 2115.429538,
        "relative_strength": -1.958739,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.567265,
        "energy": 69.089329,
        "activity_lines": [
          1725.441781,
          1765.659695,
          1813.77755,
          1846.666859
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1822.790405,
        "volume": 4603047,
        "typical_volume": 2623849.5,
        "trend": 1874.927214,
        "fair_value": 2115.315156,
        "relative_strength": -0.950651,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.592206,
        "energy": 54.724833,
        "activity_lines": [
          1752.409074,
          1772.088257,
          1810.162883,
          1843.260236
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1872.729858,
        "volume": 2445197,
        "typical_volume": 2604448.1,
        "trend": 1877.22443,
        "fair_value": 2116.184781,
        "relative_strength": 0.897707,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.635806,
        "energy": 19.546663,
        "activity_lines": [
          1796.622135,
          1787.142729,
          1811.955944,
          1843.118471
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1905.689941,
        "volume": 2302142,
        "typical_volume": 2673742.6,
        "trend": 1876.958089,
        "fair_value": 2116.676938,
        "relative_strength": -1.454645,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.741643,
        "energy": 17.422226,
        "activity_lines": [
          1845.496224,
          1806.809799,
          1817.211479,
          1844.954956
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1897.699585,
        "volume": 2885547,
        "typical_volume": 2673814.1,
        "trend": 1874.128182,
        "fair_value": 2118.090593,
        "relative_strength": -0.402338,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 16.588509,
        "energy": 24.162187,
        "activity_lines": [
          1877.524056,
          1823.698409,
          1821.834442,
          1846.293117
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1912.681519,
        "volume": 3176920,
        "typical_volume": 2661316.6,
        "trend": 1872.297074,
        "fair_value": 2118.973138,
        "relative_strength": -0.938115,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 20.848854,
        "energy": 27.173139,
        "activity_lines": [
          1895.968392,
          1843.25653,
          1828.326578,
          1848.780429
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1922.669312,
        "volume": 2559444,
        "typical_volume": 2633310.7,
        "trend": 1873.029521,
        "fair_value": 2120.009302,
        "relative_strength": -1.258195,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.879705,
        "energy": 30.04137,
        "activity_lines": [
          1909.418742,
          1863.359424,
          1836.549939,
          1852.03025
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1991.585815,
        "volume": 2467294,
        "typical_volume": 2636705.4,
        "trend": 1877.457491,
        "fair_value": 2121.884003,
        "relative_strength": 0.925469,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.871873,
        "energy": 46.667948,
        "activity_lines": [
          1939.182666,
          1894.340052,
          1851.669706,
          1859.679044
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1945.641357,
        "volume": 2225816,
        "typical_volume": 2675615.25,
        "trend": 1882.118502,
        "fair_value": 2122.843442,
        "relative_strength": -1.379149,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.925706,
        "energy": 36.166426,
        "activity_lines": [
          1945.70804,
          1913.080944,
          1861.966733,
          1864.078003
        ]
      },
      {
        "date": "2024-01-05",
        "close": 2010.562744,
        "volume": 1781494,
        "typical_volume": 2687939.8,
        "trend": 1884.615474,
        "fair_value": 2123.995061,
        "relative_strength": 0.82643,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 40.93674,
        "energy": 46.583951,
        "activity_lines": [
          1971.210449,
          1939.031297,
          1878.370653,
          1872.364728
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1888.710449,
        "volume": 1346090,
        "typical_volume": 2625810.35,
        "trend": 1879.521643,
        "fair_value": 2124.32078,
        "relative_strength": -4.282258,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.019091,
        "energy": 31.24878,
        "activity_lines": [
          1948.571216,
          1935.708045,
          1882.299217,
          1872.62892
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1890.70813,
        "volume": 1367732,
        "typical_volume": 2625367.05,
        "trend": 1877.22443,
        "fair_value": 2124.60171,
        "relative_strength": -2.739846,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 14.054319,
        "energy": 14.844003,
        "activity_lines": [
          1928.195947,
          1930.913869,
          1885.961448,
          1873.350629
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1867.73584,
        "volume": 2480975,
        "typical_volume": 2659025.15,
        "trend": 1874.794043,
        "fair_value": 2124.863372,
        "relative_strength": -3.06199,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.340438,
        "energy": 6.097086,
        "activity_lines": [
          1902.293994,
          1920.708046,
          1886.993522,
          1872.738462
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1877.723755,
        "volume": 3306110,
        "typical_volume": 2769139.55,
        "trend": 1872.962927,
        "fair_value": 2125.240254,
        "relative_strength": -1.835267,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.054832,
        "energy": 11.046493,
        "activity_lines": [
          1887.978011,
          1912.409007,
          1888.63914,
          1872.927475
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1791.827881,
        "volume": 1686441,
        "typical_volume": 2778470.65,
        "trend": 1866.337626,
        "fair_value": 2125.328899,
        "relative_strength": -6.781894,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.179114,
        "energy": 18.942383,
        "activity_lines": [
          1849.55791,
          1889.001012,
          1881.890172,
          1867.692956
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1780.841309,
        "volume": 1575531,
        "typical_volume": 2751916.45,
        "trend": 1856.482898,
        "fair_value": 2125.596696,
        "relative_strength": -8.658138,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.037893,
        "energy": 29.983609,
        "activity_lines": [
          1822.057943,
          1865.520399,
          1874.584748,
          1862.177065
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1762.338501,
        "volume": 1659659,
        "typical_volume": 2783897.25,
        "trend": 1848.808032,
        "fair_value": 2125.69469,
        "relative_strength": -11.848913,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.385199,
        "energy": 45.130418,
        "activity_lines": [
          1795.581649,
          1841.072734,
          1865.812031,
          1856.103233
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1823.280884,
        "volume": 1193714,
        "typical_volume": 2666543.7,
        "trend": 1846.327409,
        "fair_value": 2126.196138,
        "relative_strength": -10.160515,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.758346,
        "energy": 41.347298,
        "activity_lines": [
          1797.977458,
          1830.620608,
          1863.174023,
          1854.45632
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1744.355469,
        "volume": 1353964,
        "typical_volume": 2627834.35,
        "trend": 1840.150562,
        "fair_value": 2125.730894,
        "relative_strength": -13.461639,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.220113,
        "energy": 49.080569,
        "activity_lines": [
          1777.028459,
          1808.878496,
          1852.802947,
          1847.877485
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1749.350708,
        "volume": 2197315,
        "typical_volume": 2474702.15,
        "trend": 1837.536112,
        "fair_value": 2125.756887,
        "relative_strength": -10.473874,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.432034,
        "energy": 45.977273,
        "activity_lines": [
          1766.635759,
          1791.704353,
          1842.662809,
          1842.01943
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1812.291382,
        "volume": 3019144,
        "typical_volume": 2281678.8,
        "trend": 1838.184932,
        "fair_value": 2125.815125,
        "relative_strength": -11.46936,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.420975,
        "energy": 25.775747,
        "activity_lines": [
          1780.055095,
          1790.723278,
          1837.896483,
          1840.390738
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1740.359131,
        "volume": 2498964,
        "typical_volume": 2176474.65,
        "trend": 1836.269539,
        "fair_value": 2125.450662,
        "relative_strength": -15.349005,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -64.569374,
        "energy": 44.282353,
        "activity_lines": [
          1767.400342,
          1778.05305,
          1826.162996,
          1834.079396
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1648.445801,
        "volume": 2316604,
        "typical_volume": 2170045.0,
        "trend": 1831.323669,
        "fair_value": 2123.888979,
        "relative_strength": -17.453143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.203467,
        "energy": 61.361195,
        "activity_lines": [
          1725.573104,
          1751.404925,
          1806.068389,
          1821.961735
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1617.475098,
        "volume": 4554307,
        "typical_volume": 2282653.25,
        "trend": 1824.146899,
        "fair_value": 2121.783145,
        "relative_strength": -18.160011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.746647,
        "energy": 72.827233,
        "activity_lines": [
          1685.077971,
          1723.112855,
          1784.09221,
          1808.165053
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1603.488159,
        "volume": 2569039,
        "typical_volume": 2266827.85,
        "trend": 1814.439726,
        "fair_value": 2118.602001,
        "relative_strength": -17.660981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.149185,
        "energy": 81.675162,
        "activity_lines": [
          1648.379216,
          1697.009499,
          1762.156393,
          1793.929005
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1600.491089,
        "volume": 1712627,
        "typical_volume": 2193613.2,
        "trend": 1806.363892,
        "fair_value": 2115.260838,
        "relative_strength": -17.935599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.225579,
        "energy": 81.389167,
        "activity_lines": [
          1620.405607,
          1673.78558,
          1741.336148,
          1780.125867
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1593.497559,
        "volume": 5504710,
        "typical_volume": 2340876.5,
        "trend": 1798.421155,
        "fair_value": 2111.074799,
        "relative_strength": -18.466366,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.076029,
        "energy": 79.763046,
        "activity_lines": [
          1604.220842,
          1652.569205,
          1721.336474,
          1766.392556
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1670.425049,
        "volume": 2874971,
        "typical_volume": 2361260.35,
        "trend": 1794.840495,
        "fair_value": 2108.469944,
        "relative_strength": -16.853615,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.708097,
        "energy": 58.477755,
        "activity_lines": [
          1623.469344,
          1648.409482,
          1710.230711,
          1758.134742
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1614.477783,
        "volume": 1321883,
        "typical_volume": 2316063.7,
        "trend": 1792.224825,
        "fair_value": 2104.935173,
        "relative_strength": -18.43234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.054829,
        "energy": 49.345363,
        "activity_lines": [
          1622.603475,
          1636.856725,
          1695.325975,
          1746.498438
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1471.871826,
        "volume": 2647283,
        "typical_volume": 2359353.15,
        "trend": 1787.319303,
        "fair_value": 2099.801345,
        "relative_strength": -24.670257,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.150967,
        "energy": 59.777838,
        "activity_lines": [
          1574.402108,
          1601.737025,
          1668.416688,
          1725.830503
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1448.889404,
        "volume": 4420219,
        "typical_volume": 2513059.6,
        "trend": 1776.021191,
        "fair_value": 2095.736402,
        "relative_strength": -26.553506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.450946,
        "energy": 66.541711,
        "activity_lines": [
          1527.314355,
          1567.483774,
          1641.883794,
          1703.996316
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1483.862549,
        "volume": 3407881,
        "typical_volume": 2615067.05,
        "trend": 1764.723596,
        "fair_value": 2091.562786,
        "relative_strength": -22.98758,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.504468,
        "energy": 76.511277,
        "activity_lines": [
          1501.991097,
          1546.196584,
          1620.776062,
          1685.147371
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1509.842651,
        "volume": 1124473,
        "typical_volume": 2547241.95,
        "trend": 1752.627356,
        "fair_value": 2087.722142,
        "relative_strength": -21.951502,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.672617,
        "energy": 75.834462,
        "activity_lines": [
          1492.636873,
          1534.296624,
          1604.079985,
          1668.703439
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1479.865601,
        "volume": 3432470,
        "typical_volume": 2553559.95,
        "trend": 1738.433211,
        "fair_value": 2083.407688,
        "relative_strength": -22.224723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.103369,
        "energy": 66.29946,
        "activity_lines": [
          1483.995793,
          1519.466349,
          1586.233204,
          1651.105907
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1524.831299,
        "volume": 2791580,
        "typical_volume": 2608816.9,
        "trend": 1726.004268,
        "fair_value": 2079.669524,
        "relative_strength": -19.637051,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.643823,
        "energy": 48.813766,
        "activity_lines": [
          1499.317424,
          1515.313645,
          1574.563434,
          1637.325138
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1500.849609,
        "volume": 3368875,
        "typical_volume": 2698484.1,
        "trend": 1712.276538,
        "fair_value": 2075.259144,
        "relative_strength": -21.956194,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.194796,
        "energy": 43.692701,
        "activity_lines": [
          1503.114526,
          1508.230759,
          1561.881105,
          1622.799031
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1681.710938,
        "volume": 2357068,
        "typical_volume": 2733354.55,
        "trend": 1704.244592,
        "fair_value": 2072.264176,
        "relative_strength": -14.267504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.509777,
        "energy": 16.865527,
        "activity_lines": [
          1563.734725,
          1535.843415,
          1567.756958,
          1620.827057
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1688.705566,
        "volume": 2294363,
        "typical_volume": 2788387.0,
        "trend": 1694.148584,
        "fair_value": 2069.397259,
        "relative_strength": -12.340418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.287416,
        "energy": 17.884533,
        "activity_lines": [
          1613.496574,
          1563.123941,
          1574.682907,
          1619.824539
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1644.739258,
        "volume": 2197813,
        "typical_volume": 2830579.45,
        "trend": 1684.118514,
        "fair_value": 2066.2165,
        "relative_strength": -14.242626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -5.802608,
        "energy": 21.045777,
        "activity_lines": [
          1636.678792,
          1582.07822,
          1578.062424,
          1616.636841
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1498.851074,
        "volume": 2462395,
        "typical_volume": 2843833.45,
        "trend": 1667.061458,
        "fair_value": 2062.183772,
        "relative_strength": -18.924945,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.608171,
        "energy": 23.230192,
        "activity_lines": [
          1600.240039,
          1573.957167,
          1568.022191,
          1604.684103
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1643.740112,
        "volume": 4346597,
        "typical_volume": 2910206.1,
        "trend": 1658.895781,
        "fair_value": 2058.926197,
        "relative_strength": -11.712694,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.364837,
        "energy": 10.804634,
        "activity_lines": [
          1613.829647,
          1591.689042,
          1572.973769,
          1603.1795
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1609.766113,
        "volume": 2379410,
        "typical_volume": 2904228.4,
        "trend": 1649.531047,
        "fair_value": 2055.129146,
        "relative_strength": -15.227214,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.050366,
        "energy": 6.442176,
        "activity_lines": [
          1606.568554,
          1599.701087,
          1575.492353,
          1600.009844
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1544.077148,
        "volume": 1353383,
        "typical_volume": 2856067.35,
        "trend": 1638.742424,
        "fair_value": 2050.398864,
        "relative_strength": -18.153615,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.410095,
        "energy": 18.292863,
        "activity_lines": [
          1582.207462,
          1593.480528,
          1572.376717,
          1593.206366
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1613.036011,
        "volume": 3275608,
        "typical_volume": 2792132.4,
        "trend": 1629.919499,
        "fair_value": 2045.713711,
        "relative_strength": -15.851606,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.027611,
        "energy": 9.28622,
        "activity_lines": [
          1590.474552,
          1599.175499,
          1576.325585,
          1591.547888
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1582.054565,
        "volume": 987973,
        "typical_volume": 2713079.1,
        "trend": 1622.927055,
        "fair_value": 2040.676316,
        "relative_strength": -16.237718,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.794956,
        "energy": 12.416464,
        "activity_lines": [
          1590.528043,
          1596.8162,
          1577.344978,
          1588.459828
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1566.064087,
        "volume": 1651757,
        "typical_volume": 2710035.6,
        "trend": 1615.767814,
        "fair_value": 2035.4724,
        "relative_strength": -15.96968,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.23894,
        "energy": 15.05434,
        "activity_lines": [
          1579.704476,
          1590.509117,
          1576.943533,
          1584.791249
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1445.136353,
        "volume": 3546976,
        "typical_volume": 2612148.9,
        "trend": 1605.194409,
        "fair_value": 2029.864611,
        "relative_strength": -19.424393,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.385608,
        "energy": 39.995652,
        "activity_lines": [
          1533.750065,
          1561.029457,
          1565.189099,
          1573.782768
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1545.076538,
        "volume": 2743882,
        "typical_volume": 2605594.45,
        "trend": 1595.920931,
        "fair_value": 2025.153539,
        "relative_strength": -17.764097,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.187049,
        "energy": 35.301887,
        "activity_lines": [
          1532.084367,
          1554.022095,
          1563.65926,
          1569.904196
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1584.053223,
        "volume": 1706210,
        "typical_volume": 2624810.8,
        "trend": 1590.577523,
        "fair_value": 2020.922784,
        "relative_strength": -15.153747,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.569479,
        "energy": 27.063237,
        "activity_lines": [
          1543.344271,
          1556.71284,
          1566.438384,
          1569.138537
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1608.03894,
        "volume": 5840303,
        "typical_volume": 2784461.8,
        "trend": 1585.867131,
        "fair_value": 2016.07116,
        "relative_strength": -13.368279,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.377308,
        "energy": 13.027887,
        "activity_lines": [
          1564.5316,
          1564.868006,
          1571.64674,
          1570.26508
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1631.025269,
        "volume": 1619990,
        "typical_volume": 2644450.35,
        "trend": 1579.824927,
        "fair_value": 2011.251651,
        "relative_strength": -13.457104,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.32028,
        "energy": 14.425732,
        "activity_lines": [
          1591.648747,
          1575.217272,
          1578.395856,
          1573.178508
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1658.009155,
        "volume": 2122331,
        "typical_volume": 2580172.85,
        "trend": 1577.079928,
        "fair_value": 2006.445069,
        "relative_strength": -12.306679,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 59.489673,
        "energy": 43.129611,
        "activity_lines": [
          1623.429777,
          1590.703877,
          1586.847552,
          1578.222652
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1821.911133,
        "volume": 5742463,
        "typical_volume": 2811072.35,
        "trend": 1582.862105,
        "fair_value": 2001.888911,
        "relative_strength": -5.276424,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 85.81166,
        "energy": 77.685392,
        "activity_lines": [
          1695.65328,
          1635.113696,
          1610.079691,
          1594.018214
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1885.872803,
        "volume": 4958383,
        "typical_volume": 2887368.0,
        "trend": 1591.808695,
        "fair_value": 1998.158883,
        "relative_strength": -2.614854,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.18535,
        "energy": 91.960503,
        "activity_lines": [
          1770.741699,
          1686.101383,
          1637.917377,
          1613.567291
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1948.835327,
        "volume": 3023747,
        "typical_volume": 2898976.35,
        "trend": 1603.320268,
        "fair_value": 1994.774846,
        "relative_strength": -0.529704,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.395858,
        "energy": 96.120807,
        "activity_lines": [
          1846.696322,
          1743.576132,
          1669.818126,
          1636.601267
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1958.829346,
        "volume": 2447973,
        "typical_volume": 2852931.25,
        "trend": 1615.264876,
        "fair_value": 1991.453256,
        "relative_strength": 0.796798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.485246,
        "energy": 94.220997,
        "activity_lines": [
          1903.262525,
          1796.199234,
          1700.65162,
          1659.537337
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1999.80481,
        "volume": 4251985,
        "typical_volume": 2947677.1,
        "trend": 1628.808451,
        "fair_value": 1988.650427,
        "relative_strength": 3.261709,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.813312,
        "energy": 93.632046,
        "activity_lines": [
          1951.63361,
          1849.131235,
          1733.206683,
          1684.346365
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2029.786865,
        "volume": 1567520,
        "typical_volume": 2911334.95,
        "trend": 1640.787179,
        "fair_value": 1985.681255,
        "relative_strength": 2.473743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.178809,
        "energy": 92.813902,
        "activity_lines": [
          1987.212337,
          1897.429637,
          1767.102447,
          1710.21594
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2057.77002,
        "volume": 1634955,
        "typical_volume": 2883192.05,
        "trend": 1655.563586,
        "fair_value": 1983.051524,
        "relative_strength": 3.82171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.044239,
        "energy": 90.939909,
        "activity_lines": [
          2018.260401,
          1942.00297,
          1802.039077,
          1737.118059
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2088.751709,
        "volume": 2224106,
        "typical_volume": 2871277.6,
        "trend": 1676.126249,
        "fair_value": 1980.556366,
        "relative_strength": 4.410449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.273014,
        "energy": 83.808621,
        "activity_lines": [
          2048.175879,
          1983.596305,
          1837.959531,
          1765.065679
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2075.759277,
        "volume": 2056328,
        "typical_volume": 2756764.15,
        "trend": 1697.021912,
        "fair_value": 1977.677007,
        "relative_strength": 3.507144,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.458038,
        "energy": 69.05929,
        "activity_lines": [
          2064.432788,
          2014.087147,
          1869.83356,
          1790.848455
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2063.766602,
        "volume": 1610789,
        "typical_volume": 2718333.1,
        "trend": 1716.352047,
        "fair_value": 1973.401858,
        "relative_strength": 1.941846,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.621373,
        "energy": 66.662579,
        "activity_lines": [
          2068.89681,
          2034.31143,
          1898.508195,
          1814.509403
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2058.769531,
        "volume": 2356738,
        "typical_volume": 2768500.85,
        "trend": 1734.649609,
        "fair_value": 1968.960223,
        "relative_strength": 0.604636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.38468,
        "energy": 64.190703,
        "activity_lines": [
          2067.431022,
          2046.249747,
          1924.545011,
          1836.600854
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2123.730713,
        "volume": 3540536,
        "typical_volume": 2781747.25,
        "trend": 1756.11178,
        "fair_value": 1964.83897,
        "relative_strength": 1.125184,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.875661,
        "energy": 65.517779,
        "activity_lines": [
          2085.686784,
          2065.692671,
          1954.31769,
          1861.70286
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2138.72168,
        "volume": 1835234,
        "typical_volume": 2824110.3,
        "trend": 1776.574793,
        "fair_value": 1961.58211,
        "relative_strength": 2.559956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.767973,
        "energy": 64.737544,
        "activity_lines": [
          2104.542155,
          2083.536537,
          1983.086202,
          1886.38737
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2094.748047,
        "volume": 2652904,
        "typical_volume": 2874167.65,
        "trend": 1796.371407,
        "fair_value": 1958.088187,
        "relative_strength": 3.710844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.810509,
        "energy": 61.184562,
        "activity_lines": [
          2105.408317,
          2089.932717,
          2005.015952,
          1906.914677
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2177.698486,
        "volume": 3325624,
        "typical_volume": 2863100.05,
        "trend": 1812.904325,
        "fair_value": 1955.54216,
        "relative_strength": 5.530785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.194809,
        "energy": 64.991824,
        "activity_lines": [
          2132.658708,
          2108.939546,
          2032.328201,
          1931.516424
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2050.77417,
        "volume": 2537423,
        "typical_volume": 2852777.1,
        "trend": 1824.973279,
        "fair_value": 1952.131297,
        "relative_strength": 0.049169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.302252,
        "energy": 52.132505,
        "activity_lines": [
          2110.005534,
          2101.634797,
          2044.064029,
          1946.862865
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1996.294556,
        "volume": 2088963,
        "typical_volume": 2871914.75,
        "trend": 1836.691789,
        "fair_value": 1948.966636,
        "relative_strength": -2.911436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.282872,
        "energy": 35.052007,
        "activity_lines": [
          2069.725513,
          2084.043075,
          2048.203239,
          1957.915851
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1954.309448,
        "volume": 2205507,
        "typical_volume": 2690174.95,
        "trend": 1851.873735,
        "fair_value": 1945.552047,
        "relative_strength": -2.891671,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.463444,
        "energy": 20.963884,
        "activity_lines": [
          2023.9462,
          2059.935434,
          2046.380813,
          1965.504087
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1862.341919,
        "volume": 2070180,
        "typical_volume": 2712684.45,
        "trend": 1859.160461,
        "fair_value": 1942.047316,
        "relative_strength": -7.048055,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -12.754419,
        "energy": 26.572714,
        "activity_lines": [
          1959.805192,
          2021.550828,
          2034.150667,
          1966.179454
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1892.331299,
        "volume": 1649100,
        "typical_volume": 2689022.9,
        "trend": 1868.579301,
        "fair_value": 1938.043355,
        "relative_strength": -6.816069,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.523233,
        "energy": 30.557096,
        "activity_lines": [
          1921.154386,
          1992.499152,
          2023.675145,
          1968.319508
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1860.342651,
        "volume": 2425140,
        "typical_volume": 2523156.75,
        "trend": 1879.121484,
        "fair_value": 1934.199281,
        "relative_strength": -7.677346,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -14.198337,
        "energy": 35.712802,
        "activity_lines": [
          1890.865177,
          1960.748364,
          2009.037266,
          1967.788111
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1831.352783,
        "volume": 2444628,
        "typical_volume": 2397469.0,
        "trend": 1886.39871,
        "fair_value": 1930.559926,
        "relative_strength": -7.340267,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.959169,
        "energy": 57.53219,
        "activity_lines": [
          1863.608113,
          1927.334453,
          1991.455439,
          1964.706259
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1850.346069,
        "volume": 2258706,
        "typical_volume": 2359216.95,
        "trend": 1895.34176,
        "fair_value": 1926.959091,
        "relative_strength": -5.67983,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.361569,
        "energy": 55.699334,
        "activity_lines": [
          1853.678263,
          1902.689828,
          1975.942116,
          1962.380283
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1837.35083,
        "volume": 1931439,
        "typical_volume": 2333390.25,
        "trend": 1904.384652,
        "fair_value": 1923.236539,
        "relative_strength": -4.973976,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.236945,
        "energy": 41.423379,
        "activity_lines": [
          1846.347558,
          1880.925626,
          1959.660147,
          1958.638932
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1924.319946,
        "volume": 795932,
        "typical_volume": 2160587.6,
        "trend": 1920.357438,
        "fair_value": 1919.527271,
        "relative_strength": -3.236398,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.702191,
        "energy": 31.897196,
        "activity_lines": [
          1869.672632,
          1879.653939,
          1952.239421,
          1959.92508
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1934.316406,
        "volume": 1933395,
        "typical_volume": 2178881.35,
        "trend": 1933.3321,
        "fair_value": 1915.574763,
        "relative_strength": -3.228767,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.387318,
        "energy": 17.841832,
        "activity_lines": [
          1894.197282,
          1884.806674,
          1946.13019,
          1960.825659
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1922.320679,
        "volume": 985213,
        "typical_volume": 2146394.25,
        "trend": 1944.607682,
        "fair_value": 1913.024333,
        "relative_strength": -4.116025,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -12.15595,
        "energy": 11.188269,
        "activity_lines": [
          1909.791772,
          1889.895781,
          1939.33313,
          1960.115245
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1987.297729,
        "volume": 4333098,
        "typical_volume": 2251843.85,
        "trend": 1957.249642,
        "fair_value": 1911.031279,
        "relative_strength": -5.135797,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 3.994496,
        "energy": 14.926626,
        "activity_lines": [
          1940.980753,
          1908.143876,
          1939.369358,
          1962.869441
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2058.272705,
        "volume": 5473354,
        "typical_volume": 2422695.15,
        "trend": 1971.491223,
        "fair_value": 1909.762098,
        "relative_strength": -1.424683,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 16.840058,
        "energy": 24.183327,
        "activity_lines": [
          1986.697949,
          1938.696726,
          1946.648221,
          1969.387058
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1956.308594,
        "volume": 1438863,
        "typical_volume": 2414098.85,
        "trend": 1981.434538,
        "fair_value": 1908.076193,
        "relative_strength": -5.034568,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.185875,
        "energy": 19.307892,
        "activity_lines": [
          1983.698983,
          1947.148269,
          1944.299486,
          1968.407534
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1958.307983,
        "volume": 2594381,
        "typical_volume": 2425981.0,
        "trend": 1985.981099,
        "fair_value": 1906.812863,
        "relative_strength": -8.732143,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -7.568191,
        "energy": 17.352905,
        "activity_lines": [
          1979.233903,
          1954.800113,
          1942.652874,
          1966.915498
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1953.309814,
        "volume": 1565899,
        "typical_volume": 2327249.15,
        "trend": 1988.229,
        "fair_value": 1906.112926,
        "relative_strength": -9.982371,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -9.292764,
        "energy": 13.497579,
        "activity_lines": [
          1971.503328,
          1959.762012,
          1941.008634,
          1964.807673
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1894.330566,
        "volume": 3185869,
        "typical_volume": 2394780.9,
        "trend": 1986.412174,
        "fair_value": 1905.45108,
        "relative_strength": -11.255094,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -38.268493,
        "energy": 20.339844,
        "activity_lines": [
          1942.047062,
          1951.78301,
          1934.55885,
          1958.74971
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2079.265137,
        "volume": 3508090,
        "typical_volume": 2437540.2,
        "trend": 1990.426701,
        "fair_value": 1905.103972,
        "relative_strength": -7.371377,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": 8.748692,
        "energy": 8.084734,
        "activity_lines": [
          1980.433463,
          1976.628757,
          1946.885651,
          1964.740223
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2202.22168,
        "volume": 4408230,
        "typical_volume": 2491670.5,
        "trend": 1997.17393,
        "fair_value": 1905.788342,
        "relative_strength": -4.240519,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 41.295779,
        "energy": 49.757603,
        "activity_lines": [
          2058.405884,
          2019.431798,
          1970.996326,
          1978.404415
        ]
      },
      {
        "date": "2025-07-04",
        "close": 2401.151611,
        "volume": 3509865,
        "typical_volume": 2540292.6,
        "trend": 2009.552755,
        "fair_value": 1907.197288,
        "relative_strength": 0.050897,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 62.305283,
        "energy": 77.714231,
        "activity_lines": [
          2186.294075,
          2093.351158,
          2013.935932,
          2004.467492
        ]
      },
      {
        "date": "2025-07-11",
        "close": 2386.156738,
        "volume": 13002127,
        "typical_volume": 3085950.8,
        "trend": 2020.498979,
        "fair_value": 1908.663775,
        "relative_strength": -1.419476,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 85.194878,
        "energy": 94.023332,
        "activity_lines": [
          2279.661068,
          2156.056265,
          2053.778991,
          2028.764523
        ]
      },
      {
        "date": "2025-07-18",
        "close": 2406.149658,
        "volume": 2978371,
        "typical_volume": 3124594.0,
        "trend": 2031.07891,
        "fair_value": 1909.464511,
        "relative_strength": 1.071609,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.278445,
        "energy": 91.887724,
        "activity_lines": [
          2350.835905,
          2213.963066,
          2093.669651,
          2053.645212
        ]
      },
      {
        "date": "2025-07-25",
        "close": 2445.135742,
        "volume": 4577123,
        "typical_volume": 3249941.15,
        "trend": 2043.391459,
        "fair_value": 1910.457538,
        "relative_strength": 1.77786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.621972,
        "energy": 91.977315,
        "activity_lines": [
          2400.884831,
          2271.342756,
          2135.121651,
          2080.358556
        ]
      },
      {
        "date": "2025-08-01",
        "close": 2325.178467,
        "volume": 2357641,
        "typical_volume": 3285368.2,
        "trend": 2052.105188,
        "fair_value": 1910.854473,
        "relative_strength": -2.604734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.483392,
        "energy": 85.048191,
        "activity_lines": [
          2386.556624,
          2299.878158,
          2162.37394,
          2098.538363
        ]
      },
      {
        "date": "2025-08-08",
        "close": 2246.206299,
        "volume": 4602943,
        "typical_volume": 3394258.35,
        "trend": 2058.35308,
        "fair_value": 1908.933269,
        "relative_strength": -3.248977,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.092088,
        "energy": 58.517867,
        "activity_lines": [
          2337.707243,
          2307.34826,
          2180.043893,
          2111.061015
        ]
      },
      {
        "date": "2025-08-15",
        "close": 2315.181885,
        "volume": 3378023,
        "typical_volume": 3440928.1,
        "trend": 2064.734786,
        "fair_value": 1907.479828,
        "relative_strength": -1.328474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.950913,
        "energy": 49.496613,
        "activity_lines": [
          2322.179411,
          2322.124862,
          2202.445504,
          2127.630615
        ]
      },
      {
        "date": "2025-08-22",
        "close": 2347.17041,
        "volume": 2546273,
        "typical_volume": 3455306.45,
        "trend": 2071.683077,
        "fair_value": 1906.69242,
        "relative_strength": -1.088169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.954972,
        "energy": 39.661099,
        "activity_lines": [
          2322.046078,
          2336.138068,
          2225.589693,
          2145.852269
        ]
      },
      {
        "date": "2025-08-29",
        "close": 2387.156494,
        "volume": 2922648,
        "typical_volume": 3504866.9,
        "trend": 2081.430025,
        "fair_value": 1906.968048,
        "relative_strength": -1.82174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.952134,
        "energy": 41.168612,
        "activity_lines": [
          2339.173389,
          2349.188019,
          2250.17625,
          2166.205392
        ]
      },
      {
        "date": "2025-09-05",
        "close": 2347.17041,
        "volume": 1442137,
        "typical_volume": 3537177.15,
        "trend": 2087.079089,
        "fair_value": 1907.563581,
        "relative_strength": -2.697421,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.026597,
        "energy": 39.441273,
        "activity_lines": [
          2346.837288,
          2349.369749,
          2268.336487,
          2183.349933
        ]
      },
      {
        "date": "2025-09-12",
        "close": 2393.154541,
        "volume": 2366652,
        "typical_volume": 3558840.0,
        "trend": 2098.491768,
        "fair_value": 1908.658763,
        "relative_strength": -2.28398,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.207441,
        "energy": 45.788661,
        "activity_lines": [
          2368.363102,
          2355.276798,
          2288.862591,
          2203.096737
        ]
      },
      {
        "date": "2025-09-19",
        "close": 2283.193115,
        "volume": 2988861,
        "typical_volume": 3659022.4,
        "trend": 2108.055054,
        "fair_value": 1909.612482,
        "relative_strength": -4.650362,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.522319,
        "energy": 37.604279,
        "activity_lines": [
          2343.438558,
          2341.336261,
          2296.731234,
          2215.012952
        ]
      },
      {
        "date": "2025-09-26",
        "close": 2237.209473,
        "volume": 990920,
        "typical_volume": 3491913.5,
        "trend": 2117.485054,
        "fair_value": 1910.82205,
        "relative_strength": -6.96986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.534276,
        "energy": 23.854897,
        "activity_lines": [
          2305.318717,
          2320.907129,
          2298.502043,
          2223.345496
        ]
      },
      {
        "date": "2025-10-03",
        "close": 2475.125488,
        "volume": 1869571,
        "typical_volume": 3311724.35,
        "trend": 2137.911173,
        "fair_value": 1913.319828,
        "relative_strength": -2.415382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.943865,
        "energy": 40.224436,
        "activity_lines": [
          2353.834945,
          2346.807093,
          2321.741464,
          2246.419072
        ]
      },
      {
        "date": "2025-10-10",
        "close": 2627.071533,
        "volume": 1170033,
        "typical_volume": 3298282.85,
        "trend": 2162.402515,
        "fair_value": 1916.593144,
        "relative_strength": 1.091298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.112012,
        "energy": 56.245834,
        "activity_lines": [
          2447.135254,
          2399.788343,
          2357.466924,
          2277.977805
        ]
      },
      {
        "date": "2025-10-17",
        "close": 2564.093994,
        "volume": 2165689,
        "typical_volume": 3276848.25,
        "trend": 2185.860893,
        "fair_value": 1919.731659,
        "relative_strength": 0.565386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.322935,
        "energy": 76.01169,
        "activity_lines": [
          2500.782975,
          2435.830167,
          2384.000414,
          2303.893384
        ]
      },
      {
        "date": "2025-10-24",
        "close": 2549.099121,
        "volume": 2470778,
        "typical_volume": 3322092.2,
        "trend": 2209.785771,
        "fair_value": 1922.140208,
        "relative_strength": 0.279368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.699745,
        "energy": 80.067439,
        "activity_lines": [
          2538.036442,
          2463.365873,
          2406.221125,
          2327.328109
        ]
      },
      {
        "date": "2025-10-31",
        "close": 2579.088623,
        "volume": 3441791,
        "typical_volume": 3334888.3,
        "trend": 2234.077189,
        "fair_value": 1925.157157,
        "relative_strength": -0.751594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.377046,
        "energy": 81.339382,
        "activity_lines": [
          2567.559342,
          2492.101176,
          2428.460887,
          2351.154099
        ]
      },
      {
        "date": "2025-11-07",
        "close": 2578.089111,
        "volume": 3050666,
        "typical_volume": 3312017.1,
        "trend": 2258.768465,
        "fair_value": 1927.015252,
        "relative_strength": -2.476662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.255703,
        "energy": 73.276798,
        "activity_lines": [
          2573.957129,
          2516.438055,
          2447.344706,
          2373.348417
        ]
      },
      {
        "date": "2025-11-14",
        "close": 2508.11377,
        "volume": 4156710,
        "typical_volume": 3299441.1,
        "trend": 2278.228259,
        "fair_value": 1928.81534,
        "relative_strength": -7.54973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.437224,
        "energy": 50.345933,
        "activity_lines": [
          2550.16556,
          2524.580642,
          2457.188853,
          2389.435211
        ]
      },
      {
        "date": "2025-11-21",
        "close": 2469.127441,
        "volume": 3302631,
        "typical_volume": 3289079.4,
        "trend": 2296.055294,
        "fair_value": 1930.717651,
        "relative_strength": -6.658104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.31949,
        "energy": 37.069115,
        "activity_lines": [
          2521.309066,
          2522.708563,
          2461.863388,
          2401.751287
        ]
      },
      {
        "date": "2025-11-28",
        "close": 2427.14209,
        "volume": 2083399,
        "typical_volume": 2743143.0,
        "trend": 2312.882674,
        "fair_value": 1932.126739,
        "relative_strength": -8.718799,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.435808,
        "energy": 23.969776,
        "activity_lines": [
          2484.788558,
          2511.821458,
          2462.215624,
          2410.208499
        ]
      },
      {
        "date": "2025-12-05",
        "close": 2431.140869,
        "volume": 3348984,
        "typical_volume": 2761673.65,
        "trend": 2327.677445,
        "fair_value": 1933.625486,
        "relative_strength": -11.193296,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.107353,
        "energy": 22.960804,
        "activity_lines": [
          2457.731445,
          2499.044149,
          2462.753527,
          2417.83806
        ]
      },
      {
        "date": "2025-12-12",
        "close": 2478.124268,
        "volume": 3106997,
        "typical_volume": 2688167.35,
        "trend": 2341.672498,
        "fair_value": 1935.246138,
        "relative_strength": -12.167494,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.935081,
        "energy": 20.860974,
        "activity_lines": [
          2456.198649,
          2491.283252,
          2467.647034,
          2427.544307
        ]
      },
      {
        "date": "2025-12-19",
        "close": 2503.115479,
        "volume": 2829726,
        "typical_volume": 2711771.6,
        "trend": 2359.899394,
        "fair_value": 1937.699252,
        "relative_strength": -11.567014,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.116796,
        "energy": 18.603089,
        "activity_lines": [
          2469.66058,
          2488.011688,
          2474.763568,
          2437.959983
        ]
      },
      {
        "date": "2025-12-26",
        "close": 2439.138184,
        "volume": 2230285,
        "typical_volume": 2593138.7,
        "trend": 2375.927067,
        "fair_value": 1940.1136,
        "relative_strength": -12.005419,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.274511,
        "energy": 12.968272,
        "activity_lines": [
          2462.129965,
          2475.361635,
          2474.939708,
          2443.072163
        ]
      },
      {
        "date": "2026-01-02",
        "close": 2500.116699,
        "volume": 2577600,
        "typical_volume": 2553117.55,
        "trend": 2394.153963,
        "fair_value": 1942.938042,
        "relative_strength": -11.655221,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.629247,
        "energy": 18.745517,
        "activity_lines": [
          2476.924805,
          2476.070508,
          2480.004602,
          2451.084398
        ]
      },
      {
        "date": "2026-01-09",
        "close": 2691.049072,
        "volume": 4890990,
        "typical_volume": 2670353.4,
        "trend": 2420.711247,
        "fair_value": 1946.519031,
        "relative_strength": -8.585916,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 75.745637,
        "energy": 53.845612,
        "activity_lines": [
          2550.498796,
          2512.384948,
          2502.372889,
          2470.238921
        ]
      },
      {
        "date": "2026-01-16",
        "close": 2688.050049,
        "volume": 3278086,
        "typical_volume": 2688125.3,
        "trend": 2441.004077,
        "fair_value": 1949.799082,
        "relative_strength": -10.943318,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.399049,
        "energy": 71.975274,
        "activity_lines": [
          2605.745898,
          2546.118466,
          2522.818037,
          2487.486585
        ]
      },
      {
        "date": "2026-01-23",
        "close": 2544.101074,
        "volume": 4237401,
        "typical_volume": 2827888.5,
        "trend": 2452.400057,
        "fair_value": 1953.123163,
        "relative_strength": -15.572158,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.409152,
        "energy": 64.040329,
        "activity_lines": [
          2599.014958,
          2551.680154,
          2528.120933,
          2494.138005
        ]
      },
      {
        "date": "2026-01-30",
        "close": 2408.148926,
        "volume": 4952283,
        "typical_volume": 2957170.05,
        "trend": 2452.633301,
        "fair_value": 1955.095567,
        "relative_strength": -19.906401,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.387127,
        "energy": 34.550994,
        "activity_lines": [
          2544.234261,
          2531.868954,
          2519.538241,
          2491.283093
        ]
      },
      {
        "date": "2026-02-06",
        "close": 2401.151611,
        "volume": 6967867,
        "typical_volume": 3156120.35,
        "trend": 2453.13313,
        "fair_value": 1957.669769,
        "relative_strength": -20.528174,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.64118,
        "energy": 8.124565,
        "activity_lines": [
          2489.187077,
          2511.894216,
          2510.217735,
          2487.961694
        ]
      },
      {
        "date": "2026-02-13",
        "close": 2322.179443,
        "volume": 15782518,
        "typical_volume": 3895700.25,
        "trend": 2450.334123,
        "fair_value": 1960.013047,
        "relative_strength": -24.811852,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.200754,
        "energy": 31.500867,
        "activity_lines": [
          2414.413509,
          2478.033456,
          2492.814364,
          2479.513069
        ]
      },
      {
        "date": "2026-02-20",
        "close": 2308.184326,
        "volume": 8724775,
        "typical_volume": 4238460.45,
        "trend": 2445.769075,
        "fair_value": 1962.894057,
        "relative_strength": -25.879645,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.988381,
        "energy": 37.685234,
        "activity_lines": [
          2359.566211,
          2443.609246,
          2473.673505,
          2470.342114
        ]
      },
      {
        "date": "2026-02-27",
        "close": 2078.71582,
        "volume": 10470976,
        "typical_volume": 4703507.6,
        "trend": 2437.553654,
        "fair_value": 1964.643447,
        "relative_strength": -31.052153,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -60.183661,
        "energy": 73.484045,
        "activity_lines": [
          2253.553792,
          2370.553307,
          2433.473461,
          2446.661259
        ]
      },
      {
        "date": "2026-03-06",
        "close": 2149.706055,
        "volume": 10538798,
        "typical_volume": 5122163.05,
        "trend": 2434.336979,
        "fair_value": 1966.246068,
        "relative_strength": -31.965841,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -75.469325,
        "energy": 82.025034,
        "activity_lines": [
          2202.230469,
          2318.12104,
          2402.645609,
          2428.090446
        ]
      },
      {
        "date": "2026-03-13",
        "close": 2063.717773,
        "volume": 6884945,
        "typical_volume": 5342871.4,
        "trend": 2425.954842,
        "fair_value": 1967.912122,
        "relative_strength": -31.414958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.822989,
        "energy": 86.313689,
        "activity_lines": [
          2139.473909,
          2255.316943,
          2365.601673,
          2404.179529
        ]
      },
      {
        "date": "2026-03-20",
        "close": 2018.723877,
        "volume": 5743345,
        "typical_volume": 5457949.1,
        "trend": 2415.006624,
        "fair_value": 1968.681516,
        "relative_strength": -34.547992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.298836,
        "energy": 88.993596,
        "activity_lines": [
          2084.214974,
          2192.266664,
          2326.583944,
          2377.906564
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1947.733643,
        "volume": 6547947,
        "typical_volume": 5632813.15,
        "trend": 2400.359196,
        "fair_value": 1969.495239,
        "relative_strength": -33.07339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.032186,
        "energy": 90.31338,
        "activity_lines": [
          2025.522998,
          2128.533163,
          2283.473643,
          2347.75992
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1905.73938,
        "volume": 3042519,
        "typical_volume": 5577103.6,
        "trend": 2385.644828,
        "fair_value": 1969.860499,
        "relative_strength": -35.383888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.437534,
        "energy": 90.213425,
        "activity_lines": [
          1976.86298,
          2070.62464,
          2239.365582,
          2315.848964
        ]
      },
      {
        "date": "2026-04-10",
        "close": 2023.723267,
        "volume": 4114670,
        "typical_volume": 5617705.55,
        "trend": 2373.330452,
        "fair_value": 1971.02048,
        "relative_strength": -34.762005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.045741,
        "energy": 81.124415,
        "activity_lines": [
          1979.062687,
          2045.77431,
          2209.362531,
          2292.499186
        ]
      },
      {
        "date": "2026-04-17",
        "close": 2132.708252,
        "volume": 9007210,
        "typical_volume": 5963896.1,
        "trend": 2368.31429,
        "fair_value": 1973.128781,
        "relative_strength": -30.117359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.486063,
        "energy": 56.475785,
        "activity_lines": [
          2025.989575,
          2047.728988,
          2191.859974,
          2276.975173
        ]
      },
      {
        "date": "2026-04-24",
        "close": 2007.725464,
        "volume": 4090005,
        "typical_volume": 6000947.15,
        "trend": 2360.664823,
        "fair_value": 1973.731635,
        "relative_strength": -32.971648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.875088,
        "energy": 52.148556,
        "activity_lines": [
          2026.656169,
          2031.840312,
          2163.856361,
          2253.711378
        ]
      },
      {
        "date": "2026-05-01",
        "close": 2013.724609,
        "volume": 4246387,
        "typical_volume": 6057916.65,
        "trend": 2345.284794,
        "fair_value": 1973.931173,
        "relative_strength": -33.144724,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.823815,
        "energy": 42.681093,
        "activity_lines": [
          2030.055705,
          2022.759735,
          2138.440359,
          2231.328138
        ]
      },
      {
        "date": "2026-05-08",
        "close": 2185.701172,
        "volume": 31696144,
        "typical_volume": 7501237.55,
        "trend": 2330.572449,
        "fair_value": 1975.329163,
        "relative_strength": -28.325867,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.808801,
        "energy": 28.119863,
        "activity_lines": [
          2086.381364,
          2050.301436,
          2131.614504,
          2221.032421
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1949.733398,
        "volume": 9164890,
        "typical_volume": 7847967.8,
        "trend": 2310.093762,
        "fair_value": 1975.643505,
        "relative_strength": -33.522036,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.021432,
        "energy": 39.232343,
        "activity_lines": [
          2045.386979,
          2032.994718,
          2103.827024,
          2196.462159
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1978.72937,
        "volume": 1827828,
        "typical_volume": 7810479.2,
        "trend": 2291.081437,
        "fair_value": 1976.412625,
        "relative_strength": -32.080788,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.171812,
        "energy": 41.113469,
        "activity_lines": [
          2018.990576,
          2024.595861,
          2081.131564,
          2175.083811
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1894.0,
        "volume": 6424787,
        "typical_volume": 7887169.05,
        "trend": 2268.24515,
        "fair_value": 1976.977939,
        "relative_strength": -35.339203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.265095,
        "energy": 49.577643,
        "activity_lines": [
          1974.616308,
          2002.336907,
          2052.849438,
          2149.465654
        ]
      },
      {
        "date": "2026-06-05",
        "close": 19.1,
        "volume": 506495,
        "typical_volume": 7748589.5,
        "trend": 2182.945513,
        "fair_value": 1964.692339,
        "relative_strength": -99.304765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -97.779913,
        "energy": 98.031582,
        "activity_lines": [
          1312.857072,
          1641.454752,
          1849.800878,
          2004.359515
        ]
      },
      {
        "date": "2026-06-12",
        "close": 19.42,
        "volume": 554089,
        "typical_volume": 7564423.9,
        "trend": 2099.989054,
        "fair_value": 1951.730125,
        "relative_strength": -99.290633,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -98.110742,
        "energy": 99.260967,
        "activity_lines": [
          784.179476,
          1315.696844,
          1659.492081,
          1864.777224
        ]
      },
      {
        "date": "2026-06-19",
        "close": 18.58,
        "volume": 758764,
        "typical_volume": 7354747.95,
        "trend": 2018.304139,
        "fair_value": 1939.287532,
        "relative_strength": -99.272486,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -95.195146,
        "energy": 98.310832,
        "activity_lines": [
          399.640625,
          1024.082926,
          1481.125574,
          1730.492769
        ]
      },
      {
        "date": "2026-06-26",
        "close": 18.45,
        "volume": 0,
        "typical_volume": 7006354.6,
        "trend": 1938.014403,
        "fair_value": 1926.965753,
        "relative_strength": -99.238913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.832291,
        "energy": 93.640338,
        "activity_lines": [
          143.802,
          768.902521,
          1314.125586,
          1601.469922
        ]
      },
      {
        "date": "2026-07-03",
        "close": 19.07,
        "volume": 236519,
        "typical_volume": 6229054.65,
        "trend": 1857.61204,
        "fair_value": 1914.699169,
        "relative_strength": -99.211724,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.663989,
        "energy": 89.02753,
        "activity_lines": [
          18.855333,
          552.275902,
          1158.530844,
          1477.667057
        ]
      },
      {
        "date": "2026-07-10",
        "close": 18.6,
        "volume": 2495150,
        "typical_volume": 5917573.4,
        "trend": 1775.627898,
        "fair_value": 1902.058227,
        "relative_strength": -99.197757,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.671396,
        "energy": 88.993002,
        "activity_lines": [
          18.747333,
          371.721201,
          1013.858528,
          1359.021119
        ]
      },
      {
        "date": "2026-07-17",
        "close": 18.64,
        "volume": 3249159,
        "typical_volume": 5556482.55,
        "trend": 1692.812049,
        "fair_value": 1888.866925,
        "relative_strength": -99.190889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.631208,
        "energy": 83.608765,
        "activity_lines": [
          18.686,
          227.448766,
          880.092804,
          1245.667061
        ]
      },
      {
        "date": "2026-07-24",
        "close": 18.77,
        "volume": 2507965,
        "typical_volume": 5154940.9,
        "trend": 1612.133109,
        "fair_value": 1876.214268,
        "relative_strength": -99.184235,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.213716,
        "energy": 68.276524,
        "activity_lines": [
          18.72,
          122.601079,
          756.149345,
          1137.664348
        ]
      },
      {
        "date": "2026-07-31",
        "close": 18.59,
        "volume": 2505804,
        "typical_volume": 4935983.85,
        "trend": 1529.415553,
        "fair_value": 1864.168694,
        "relative_strength": -99.148686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.051217,
        "energy": 67.859161,
        "activity_lines": [
          18.681333,
          52.829091,
          642.336059,
          1034.855115
        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.42,
        "volume": 7223351,
        "typical_volume": 5009984.15,
        "trend": 1440.327917,
        "fair_value": 1851.917149,
        "relative_strength": -99.136402,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.976536,
        "energy": 67.657508,
        "activity_lines": [
          18.576667,
          18.665091,
          538.245285,
          937.371531
        ]
      }
    ],
    "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."
    }
  }
}