{
  "ticker": {
    "uuid": "c5f27f74-c90f-4fd1-a0dd-aa8c6c8822ff",
    "symbol": "138910",
    "name": "Samsung Kodex Copper Futures Special Asset ETF - Copper-Derivatives",
    "exchange": "KSC",
    "country": "KR",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^KS11",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 78.419,
    "architecture_energy": 69.82,
    "architecture_maturity": 9.291,
    "architecture_confidence": 70.318,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 20.76,
        "rotation_up": 70.4,
        "upward_expansion": 87.21,
        "deceleration": 46.16,
        "rotation_down": 12.4,
        "downward_expansion": 13.88
      },
      "activity_lines": [
        9992.333333,
        9838.818182,
        9748.97619,
        9600.483871
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 10310.0,
    "trend_reference": 9448.833333,
    "distance_from_trend": 0.09114,
    "trend_direction": "Improving",
    "fair_value": 7854.294872,
    "distance_from_fair_value": 0.312658,
    "fair_value_direction": "Improving",
    "relative_strength": -6.556793,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.128626,
    "excess_performance": -0.101202,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.09114,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.042956,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.312658,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.033328,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.065568,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.323398,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.128626,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 6.990151,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 256535,
      "relative_activity": 0.581575,
      "balance": 6.990151,
      "dry_up": 0.478457,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.034321,
      "annualized_volatility": 0.192855,
      "from_high_reference": -0.040037,
      "from_low_reference": 0.433936
    },
    "levels": {
      "trend_reference": 9448.833333,
      "fair_value_reference": 7854.294872,
      "structural_low": 8200.0,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": -0.008606,
        "positive_rate": 0.473684,
        "directional_follow_through": 0.473684,
        "median_excess_return": -0.032518,
        "regime_survival": 0.631579,
        "best_return": 0.110241,
        "worst_return": -0.2087,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.00203,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.042564,
        "regime_survival": 0.25,
        "best_return": 0.117647,
        "worst_return": -0.230676,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.063472,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.166436,
        "regime_survival": 0.2,
        "best_return": 0.124075,
        "worst_return": -0.22311,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.02305,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.058466,
        "regime_survival": 0.5,
        "best_return": 0.218077,
        "worst_return": -0.126226,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-01",
        "end": "2024-11-22",
        "tenure": "New",
        "return": -0.068758,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-29",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": 0.074286,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-24",
        "end": "2025-02-14",
        "tenure": "New",
        "return": 0.09527,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-21",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": 0.013601,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-25",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.036295,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.0413,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-01",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.016725,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-05",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": 0.079268,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-10-24",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.053398,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": 0.082527,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-06",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": 0.063423,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": -0.053917,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-03",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": 0.044386,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 6605.0,
        "volume": 29153,
        "typical_volume": 55569.55,
        "trend": 6996.0,
        "fair_value": 7244.134615,
        "relative_strength": -5.558634,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.186026,
        "energy": 28.433972,
        "activity_lines": [
          6751.0,
          6790.818182,
          6792.547619,
          6870.182796
        ]
      },
      {
        "date": "2023-08-25",
        "close": 6705.0,
        "volume": 23975,
        "typical_volume": 52334.25,
        "trend": 6964.666667,
        "fair_value": 7250.705128,
        "relative_strength": -4.671007,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.391116,
        "energy": 37.987153,
        "activity_lines": [
          6720.333333,
          6771.090909,
          6778.785714,
          6851.408602
        ]
      },
      {
        "date": "2023-09-01",
        "close": 6760.0,
        "volume": 63238,
        "typical_volume": 53332.2,
        "trend": 6944.0,
        "fair_value": 7258.044872,
        "relative_strength": -5.626871,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.847931,
        "energy": 41.778877,
        "activity_lines": [
          6716.333333,
          6765.545455,
          6772.452381,
          6838.204301
        ]
      },
      {
        "date": "2023-09-08",
        "close": 6615.0,
        "volume": 18944,
        "typical_volume": 51631.05,
        "trend": 6922.0,
        "fair_value": 7264.230769,
        "relative_strength": -7.060894,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.957667,
        "energy": 46.982903,
        "activity_lines": [
          6675.333333,
          6736.545455,
          6755.5,
          6816.978495
        ]
      },
      {
        "date": "2023-09-15",
        "close": 6745.0,
        "volume": 20406,
        "typical_volume": 49236.4,
        "trend": 6904.166667,
        "fair_value": 7270.288462,
        "relative_strength": -7.165224,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.326614,
        "energy": 28.004665,
        "activity_lines": [
          6698.666667,
          6731.545455,
          6753.666667,
          6805.55914
        ]
      },
      {
        "date": "2023-09-22",
        "close": 6545.0,
        "volume": 11589,
        "typical_volume": 48353.2,
        "trend": 6880.5,
        "fair_value": 7276.602564,
        "relative_strength": -6.512128,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -61.327929,
        "energy": 34.184163,
        "activity_lines": [
          6651.666667,
          6688.909091,
          6733.904762,
          6782.387097
        ]
      },
      {
        "date": "2023-09-29",
        "close": 6440.0,
        "volume": 21520,
        "typical_volume": 46698.95,
        "trend": 6852.0,
        "fair_value": 7281.923077,
        "relative_strength": -6.252634,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.089594,
        "energy": 54.53308,
        "activity_lines": [
          6573.666667,
          6635.181818,
          6706.095238,
          6753.967742
        ]
      },
      {
        "date": "2023-10-06",
        "close": 6280.0,
        "volume": 14539,
        "typical_volume": 44788.65,
        "trend": 6824.5,
        "fair_value": 7285.833333,
        "relative_strength": -6.354184,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.968622,
        "energy": 68.055909,
        "activity_lines": [
          6460.0,
          6559.454545,
          6663.904762,
          6717.064516
        ]
      },
      {
        "date": "2023-10-13",
        "close": 6290.0,
        "volume": 26465,
        "typical_volume": 39363.95,
        "trend": 6800.5,
        "fair_value": 7289.262821,
        "relative_strength": -7.84364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.346743,
        "energy": 76.190612,
        "activity_lines": [
          6381.666667,
          6497.363636,
          6624.380952,
          6682.580645
        ]
      },
      {
        "date": "2023-10-20",
        "close": 6245.0,
        "volume": 34302,
        "typical_volume": 36528.85,
        "trend": 6763.333333,
        "fair_value": 7291.730769,
        "relative_strength": -5.30538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.887663,
        "energy": 82.654332,
        "activity_lines": [
          6310.0,
          6438.727273,
          6581.547619,
          6646.741935
        ]
      },
      {
        "date": "2023-10-27",
        "close": 6340.0,
        "volume": 36755,
        "typical_volume": 36316.25,
        "trend": 6731.833333,
        "fair_value": 7295.865385,
        "relative_strength": -0.857298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.554863,
        "energy": 77.397923,
        "activity_lines": [
          6303.333333,
          6405.454545,
          6549.738095,
          6619.430108
        ]
      },
      {
        "date": "2023-11-03",
        "close": 6560.0,
        "volume": 34001,
        "typical_volume": 34618.5,
        "trend": 6711.666667,
        "fair_value": 7300.641026,
        "relative_strength": -0.315619,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.754467,
        "energy": 46.986078,
        "activity_lines": [
          6383.666667,
          6417.0,
          6540.690476,
          6608.344086
        ]
      },
      {
        "date": "2023-11-10",
        "close": 6420.0,
        "volume": 28053,
        "typical_volume": 33587.3,
        "trend": 6678.0,
        "fair_value": 7304.134615,
        "relative_strength": -4.034537,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.315751,
        "energy": 34.439295,
        "activity_lines": [
          6409.333333,
          6405.727273,
          6520.095238,
          6589.526882
        ]
      },
      {
        "date": "2023-11-17",
        "close": 6475.0,
        "volume": 12614,
        "typical_volume": 31371.3,
        "trend": 6654.166667,
        "fair_value": 7306.858974,
        "relative_strength": -5.505107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.696936,
        "energy": 23.344668,
        "activity_lines": [
          6444.0,
          6410.636364,
          6507.119048,
          6576.430108
        ]
      },
      {
        "date": "2023-11-24",
        "close": 6620.0,
        "volume": 52882,
        "typical_volume": 33943.55,
        "trend": 6642.166667,
        "fair_value": 7308.75,
        "relative_strength": -4.393803,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.650697,
        "energy": 20.975084,
        "activity_lines": [
          6514.666667,
          6444.454545,
          6508.714286,
          6574.225806
        ]
      },
      {
        "date": "2023-12-01",
        "close": 6680.0,
        "volume": 22608,
        "typical_volume": 33750.05,
        "trend": 6633.0,
        "fair_value": 7309.583333,
        "relative_strength": -3.758599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.874337,
        "energy": 15.923268,
        "activity_lines": [
          6580.333333,
          6491.454545,
          6516.285714,
          6576.666667
        ]
      },
      {
        "date": "2023-12-08",
        "close": 6580.0,
        "volume": 32558,
        "typical_volume": 29990.3,
        "trend": 6631.666667,
        "fair_value": 7309.551282,
        "relative_strength": -5.476386,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.436585,
        "energy": 17.199301,
        "activity_lines": [
          6590.0,
          6517.818182,
          6515.785714,
          6573.247312
        ]
      },
      {
        "date": "2023-12-15",
        "close": 6720.0,
        "volume": 25518,
        "typical_volume": 29433.95,
        "trend": 6634.333333,
        "fair_value": 7309.294872,
        "relative_strength": -5.020368,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.787186,
        "energy": 27.866018,
        "activity_lines": [
          6645.0,
          6567.090909,
          6529.809524,
          6578.946237
        ]
      },
      {
        "date": "2023-12-22",
        "close": 6810.0,
        "volume": 28579,
        "typical_volume": 30206.4,
        "trend": 6644.833333,
        "fair_value": 7310.544872,
        "relative_strength": -4.87639,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.514859,
        "energy": 41.432062,
        "activity_lines": [
          6710.0,
          6624.727273,
          6553.404762,
          6590.27957
        ]
      },
      {
        "date": "2023-12-29",
        "close": 6845.0,
        "volume": 11767,
        "typical_volume": 27473.3,
        "trend": 6651.0,
        "fair_value": 7311.634615,
        "relative_strength": -6.070204,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.351761,
        "energy": 54.354012,
        "activity_lines": [
          6764.333333,
          6679.272727,
          6580.904762,
          6603.193548
        ]
      },
      {
        "date": "2024-01-05",
        "close": 6720.0,
        "volume": 57987,
        "typical_volume": 28915.0,
        "trend": 6651.0,
        "fair_value": 7310.416667,
        "relative_strength": -4.752831,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.491116,
        "energy": 49.159678,
        "activity_lines": [
          6762.0,
          6700.181818,
          6595.761905,
          6607.645161
        ]
      },
      {
        "date": "2024-01-12",
        "close": 6630.0,
        "volume": 64007,
        "typical_volume": 30916.6,
        "trend": 6640.833333,
        "fair_value": 7309.583333,
        "relative_strength": -3.713252,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.041052,
        "energy": 28.876593,
        "activity_lines": [
          6727.0,
          6697.818182,
          6601.5,
          6606.290323
        ]
      },
      {
        "date": "2024-01-19",
        "close": 6560.0,
        "volume": 30629,
        "typical_volume": 29286.15,
        "trend": 6628.833333,
        "fair_value": 7308.717949,
        "relative_strength": -2.347713,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -3.651173,
        "energy": 8.294876,
        "activity_lines": [
          6665.333333,
          6681.454545,
          6600.928571,
          6601.075269
        ]
      },
      {
        "date": "2024-01-26",
        "close": 6680.0,
        "volume": 125467,
        "typical_volume": 34612.3,
        "trend": 6630.333333,
        "fair_value": 7309.487179,
        "relative_strength": -0.52551,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.683128,
        "energy": 8.998902,
        "activity_lines": [
          6654.333333,
          6684.363636,
          6612.738095,
          6604.376344
        ]
      },
      {
        "date": "2024-02-02",
        "close": 6645.0,
        "volume": 25926,
        "typical_volume": 34888.3,
        "trend": 6629.333333,
        "fair_value": 7309.679487,
        "relative_strength": -5.930677,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.098883,
        "energy": 9.764425,
        "activity_lines": [
          6640.333333,
          6677.181818,
          6620.904762,
          6605.322581
        ]
      },
      {
        "date": "2024-02-09",
        "close": 6550.0,
        "volume": 14861,
        "typical_volume": 35051.9,
        "trend": 6614.833333,
        "fair_value": 7306.794872,
        "relative_strength": -7.158025,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.65196,
        "energy": 11.379725,
        "activity_lines": [
          6608.0,
          6652.272727,
          6620.5,
          6600.204301
        ]
      },
      {
        "date": "2024-02-16",
        "close": 6545.0,
        "volume": 18814,
        "typical_volume": 34916.6,
        "trend": 6605.333333,
        "fair_value": 7301.538462,
        "relative_strength": -7.896722,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.232941,
        "energy": 10.491941,
        "activity_lines": [
          6585.333333,
          6628.818182,
          6619.595238,
          6595.698925
        ]
      },
      {
        "date": "2024-02-23",
        "close": 6750.0,
        "volume": 28085,
        "typical_volume": 35593.9,
        "trend": 6599.333333,
        "fair_value": 7294.74359,
        "relative_strength": -5.372099,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.514365,
        "energy": 16.048861,
        "activity_lines": [
          6636.666667,
          6643.272727,
          6637.714286,
          6605.032258
        ]
      },
      {
        "date": "2024-03-01",
        "close": 6670.0,
        "volume": 15786,
        "typical_volume": 35059.95,
        "trend": 6590.666667,
        "fair_value": 7289.647436,
        "relative_strength": -5.273131,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.103722,
        "energy": 12.664928,
        "activity_lines": [
          6648.666667,
          6642.636364,
          6645.97619,
          6609.591398
        ]
      },
      {
        "date": "2024-03-08",
        "close": 6755.0,
        "volume": 25006,
        "typical_volume": 34595.15,
        "trend": 6592.833333,
        "fair_value": 7284.230769,
        "relative_strength": -5.119681,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.795989,
        "energy": 26.843907,
        "activity_lines": [
          6689.666667,
          6660.0,
          6660.52381,
          6620.193548
        ]
      },
      {
        "date": "2024-03-15",
        "close": 7085.0,
        "volume": 106124,
        "typical_volume": 38063.6,
        "trend": 6608.833333,
        "fair_value": 7281.634615,
        "relative_strength": 0.215072,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 76.40591,
        "energy": 67.11191,
        "activity_lines": [
          6833.333333,
          6739.0,
          6704.071429,
          6651.946237
        ]
      },
      {
        "date": "2024-03-22",
        "close": 6970.0,
        "volume": 55274,
        "typical_volume": 39127.25,
        "trend": 6617.666667,
        "fair_value": 7278.525641,
        "relative_strength": -3.986325,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.389999,
        "energy": 68.285916,
        "activity_lines": [
          6903.0,
          6790.454545,
          6733.119048,
          6675.247312
        ]
      },
      {
        "date": "2024-03-29",
        "close": 7005.0,
        "volume": 41692,
        "typical_volume": 39809.2,
        "trend": 6625.833333,
        "fair_value": 7276.089744,
        "relative_strength": -3.160805,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.099652,
        "energy": 71.100666,
        "activity_lines": [
          6956.0,
          6842.090909,
          6763.547619,
          6700.236559
        ]
      },
      {
        "date": "2024-04-05",
        "close": 7320.0,
        "volume": 219789,
        "typical_volume": 50167.95,
        "trend": 6649.333333,
        "fair_value": 7275.0,
        "relative_strength": 2.537419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.763178,
        "energy": 82.932986,
        "activity_lines": [
          7097.0,
          6942.909091,
          6821.190476,
          6745.021505
        ]
      },
      {
        "date": "2024-04-12",
        "close": 7440.0,
        "volume": 177751,
        "typical_volume": 56411.4,
        "trend": 6672.5,
        "fair_value": 7272.884615,
        "relative_strength": 5.565937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.711168,
        "energy": 85.935108,
        "activity_lines": [
          7234.666667,
          7053.909091,
          6886.238095,
          6796.032258
        ]
      },
      {
        "date": "2024-04-19",
        "close": 7665.0,
        "volume": 275362,
        "typical_volume": 69049.1,
        "trend": 6709.833333,
        "fair_value": 7271.057692,
        "relative_strength": 12.425111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.050181,
        "energy": 90.73191,
        "activity_lines": [
          7401.666667,
          7191.363636,
          6968.809524,
          6860.064516
        ]
      },
      {
        "date": "2024-04-26",
        "close": 7930.0,
        "volume": 161475,
        "typical_volume": 75494.95,
        "trend": 6759.5,
        "fair_value": 7269.00641,
        "relative_strength": 13.327444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.924288,
        "energy": 95.628641,
        "activity_lines": [
          7618.333333,
          7356.727273,
          7071.928571,
          6938.784946
        ]
      },
      {
        "date": "2024-05-03",
        "close": 7730.0,
        "volume": 164109,
        "typical_volume": 82424.5,
        "trend": 6807.833333,
        "fair_value": 7263.461538,
        "relative_strength": 9.545866,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.12256,
        "energy": 87.839487,
        "activity_lines": [
          7704.333333,
          7460.545455,
          7149.571429,
          7001.397849
        ]
      },
      {
        "date": "2024-05-10",
        "close": 8020.0,
        "volume": 156191,
        "typical_volume": 88805.1,
        "trend": 6865.5,
        "fair_value": 7259.967949,
        "relative_strength": 11.314545,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.192844,
        "energy": 93.081246,
        "activity_lines": [
          7838.666667,
          7599.272727,
          7250.02381,
          7079.602151
        ]
      },
      {
        "date": "2024-05-17",
        "close": 8510.0,
        "volume": 214352,
        "typical_volume": 98934.35,
        "trend": 6941.0,
        "fair_value": 7261.185897,
        "relative_strength": 17.811238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.391155,
        "energy": 95.906256,
        "activity_lines": [
          8089.666667,
          7802.545455,
          7391.380952,
          7185.698925
        ]
      },
      {
        "date": "2024-05-24",
        "close": 8260.0,
        "volume": 823428,
        "typical_volume": 137206.4,
        "trend": 7005.0,
        "fair_value": 7259.519231,
        "relative_strength": 15.47717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.987079,
        "energy": 74.51554,
        "activity_lines": [
          8186.0,
          7928.454545,
          7501.0,
          7270.795699
        ]
      },
      {
        "date": "2024-05-31",
        "close": 8035.0,
        "volume": 510409,
        "typical_volume": 159526.5,
        "trend": 7054.166667,
        "fair_value": 7258.525641,
        "relative_strength": 14.106084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.993086,
        "energy": 65.35294,
        "activity_lines": [
          8167.666667,
          7992.090909,
          7581.857143,
          7337.247312
        ]
      },
      {
        "date": "2024-06-07",
        "close": 8000.0,
        "volume": 214286,
        "typical_volume": 168709.35,
        "trend": 7106.833333,
        "fair_value": 7256.378205,
        "relative_strength": 9.703078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.558084,
        "energy": 60.169853,
        "activity_lines": [
          8130.666667,
          8030.0,
          7652.690476,
          7398.268817
        ]
      },
      {
        "date": "2024-06-14",
        "close": 7765.0,
        "volume": 195773,
        "typical_volume": 172224.65,
        "trend": 7149.833333,
        "fair_value": 7256.698718,
        "relative_strength": 4.969459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.654902,
        "energy": 43.199162,
        "activity_lines": [
          7997.333333,
          8007.090909,
          7694.285714,
          7440.731183
        ]
      },
      {
        "date": "2024-06-21",
        "close": 7790.0,
        "volume": 108285,
        "typical_volume": 176342.6,
        "trend": 7188.833333,
        "fair_value": 7255.961538,
        "relative_strength": 4.251309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.959863,
        "energy": 30.809733,
        "activity_lines": [
          7889.333333,
          7980.636364,
          7733.095238,
          7482.032258
        ]
      },
      {
        "date": "2024-06-28",
        "close": 7550.0,
        "volume": 98113,
        "typical_volume": 180505.2,
        "trend": 7217.833333,
        "fair_value": 7254.423077,
        "relative_strength": 0.469802,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.052308,
        "energy": 25.126682,
        "activity_lines": [
          7749.333333,
          7904.181818,
          7743.595238,
          7505.333333
        ]
      },
      {
        "date": "2024-07-05",
        "close": 7985.0,
        "volume": 111380,
        "typical_volume": 185133.5,
        "trend": 7264.666667,
        "fair_value": 7255.320513,
        "relative_strength": 3.75733,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.191519,
        "energy": 24.775219,
        "activity_lines": [
          7801.666667,
          7908.909091,
          7790.761905,
          7554.827957
        ]
      },
      {
        "date": "2024-07-12",
        "close": 7790.0,
        "volume": 86137,
        "typical_volume": 188036.1,
        "trend": 7300.333333,
        "fair_value": 7254.358974,
        "relative_strength": 1.358753,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.478127,
        "energy": 19.464959,
        "activity_lines": [
          7792.333333,
          7877.181818,
          7812.5,
          7588.72043
        ]
      },
      {
        "date": "2024-07-19",
        "close": 7435.0,
        "volume": 99070,
        "typical_volume": 192200.3,
        "trend": 7321.166667,
        "fair_value": 7250.865385,
        "relative_strength": -1.160716,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.099906,
        "energy": 11.372268,
        "activity_lines": [
          7678.666667,
          7779.818182,
          7795.47619,
          7597.408602
        ]
      },
      {
        "date": "2024-07-26",
        "close": 7150.0,
        "volume": 115165,
        "typical_volume": 196708.25,
        "trend": 7331.333333,
        "fair_value": 7243.942308,
        "relative_strength": -2.710437,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.361528,
        "energy": 15.817663,
        "activity_lines": [
          7492.0,
          7641.272727,
          7747.666667,
          7586.365591
        ]
      },
      {
        "date": "2024-08-02",
        "close": 7060.0,
        "volume": 104992,
        "typical_volume": 196651.65,
        "trend": 7342.666667,
        "fair_value": 7237.660256,
        "relative_strength": -1.918153,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.939862,
        "energy": 34.187833,
        "activity_lines": [
          7318.0,
          7511.090909,
          7689.404762,
          7568.860215
        ]
      },
      {
        "date": "2024-08-09",
        "close": 6945.0,
        "volume": 130725,
        "typical_volume": 200424.2,
        "trend": 7353.166667,
        "fair_value": 7230.833333,
        "relative_strength": -0.316758,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.366416,
        "energy": 55.409531,
        "activity_lines": [
          7138.333333,
          7381.818182,
          7620.309524,
          7543.204301
        ]
      },
      {
        "date": "2024-08-16",
        "close": 7130.0,
        "volume": 73382,
        "typical_volume": 202008.7,
        "trend": 7372.166667,
        "fair_value": 7228.365385,
        "relative_strength": -1.793863,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.189317,
        "energy": 57.874399,
        "activity_lines": [
          7089.666667,
          7306.0,
          7568.952381,
          7528.806452
        ]
      },
      {
        "date": "2024-08-23",
        "close": 7165.0,
        "volume": 105905,
        "typical_volume": 196314.5,
        "trend": 7388.333333,
        "fair_value": 7224.262821,
        "relative_strength": -1.467957,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.27443,
        "energy": 56.119679,
        "activity_lines": [
          7096.666667,
          7252.363636,
          7520.333333,
          7515.44086
        ]
      },
      {
        "date": "2024-08-30",
        "close": 7250.0,
        "volume": 38836,
        "typical_volume": 189368.75,
        "trend": 7408.5,
        "fair_value": 7219.967949,
        "relative_strength": 0.668349,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.900466,
        "energy": 44.444435,
        "activity_lines": [
          7150.0,
          7225.090909,
          7480.547619,
          7506.516129
        ]
      },
      {
        "date": "2024-09-06",
        "close": 7095.0,
        "volume": 68501,
        "typical_volume": 179025.7,
        "trend": 7426.666667,
        "fair_value": 7214.487179,
        "relative_strength": 3.409096,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.832696,
        "energy": 30.388107,
        "activity_lines": [
          7145.0,
          7179.454545,
          7426.904762,
          7486.290323
        ]
      },
      {
        "date": "2024-09-13",
        "close": 7175.0,
        "volume": 64029,
        "typical_volume": 174153.4,
        "trend": 7447.666667,
        "fair_value": 7209.903846,
        "relative_strength": 3.169052,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.010824,
        "energy": 21.473868,
        "activity_lines": [
          7164.333333,
          7156.636364,
          7383.595238,
          7470.053763
        ]
      },
      {
        "date": "2024-09-20",
        "close": 7490.0,
        "volume": 105004,
        "typical_volume": 171198.15,
        "trend": 7472.333333,
        "fair_value": 7207.916667,
        "relative_strength": 6.740773,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -7.926009,
        "energy": 11.1154,
        "activity_lines": [
          7273.333333,
          7205.818182,
          7373.880952,
          7472.784946
        ]
      },
      {
        "date": "2024-09-27",
        "close": 7900.0,
        "volume": 171117,
        "typical_volume": 171944.45,
        "trend": 7513.333333,
        "fair_value": 7210.641026,
        "relative_strength": 9.898856,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -2.179079,
        "energy": 12.608401,
        "activity_lines": [
          7495.0,
          7335.0,
          7404.357143,
          7500.376344
        ]
      },
      {
        "date": "2024-10-04",
        "close": 7760.0,
        "volume": 53746,
        "typical_volume": 163914.15,
        "trend": 7546.833333,
        "fair_value": 7210.320513,
        "relative_strength": 10.990317,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 22.510401,
        "energy": 27.945276,
        "activity_lines": [
          7621.0,
          7430.272727,
          7422.071429,
          7516.290323
        ]
      },
      {
        "date": "2024-10-11",
        "close": 7600.0,
        "volume": 58229,
        "typical_volume": 125654.2,
        "trend": 7564.0,
        "fair_value": 7204.775641,
        "relative_strength": 7.286051,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 15.867795,
        "energy": 28.575637,
        "activity_lines": [
          7659.666667,
          7485.363636,
          7428.119048,
          7519.72043
        ]
      },
      {
        "date": "2024-10-18",
        "close": 7500.0,
        "volume": 82866,
        "typical_volume": 104277.05,
        "trend": 7581.666667,
        "fair_value": 7199.166667,
        "relative_strength": 5.805072,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 16.980056,
        "energy": 27.304848,
        "activity_lines": [
          7631.333333,
          7512.454545,
          7427.785714,
          7515.591398
        ]
      },
      {
        "date": "2024-10-25",
        "close": 7435.0,
        "volume": 83147,
        "typical_volume": 97720.1,
        "trend": 7596.0,
        "fair_value": 7194.871795,
        "relative_strength": 5.223918,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "down",
        "direction": -6.374159,
        "energy": 13.084672,
        "activity_lines": [
          7559.666667,
          7517.636364,
          7423.809524,
          7506.129032
        ]
      },
      {
        "date": "2024-11-01",
        "close": 7490.0,
        "volume": 43605,
        "typical_volume": 90111.7,
        "trend": 7601.666667,
        "fair_value": 7192.307692,
        "relative_strength": 7.57475,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -21.195162,
        "energy": 11.209374,
        "activity_lines": [
          7510.0,
          7527.272727,
          7427.761905,
          7499.290323
        ]
      },
      {
        "date": "2024-11-08",
        "close": 7525.0,
        "volume": 52303,
        "typical_volume": 87312.6,
        "trend": 7604.5,
        "fair_value": 7188.846154,
        "relative_strength": 7.078614,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -23.963567,
        "energy": 14.795065,
        "activity_lines": [
          7499.333333,
          7537.363636,
          7436.357143,
          7494.344086
        ]
      },
      {
        "date": "2024-11-15",
        "close": 7010.0,
        "volume": 38754,
        "typical_volume": 84344.65,
        "trend": 7582.666667,
        "fair_value": 7182.211538,
        "relative_strength": 5.499363,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.757167,
        "energy": 33.263791,
        "activity_lines": [
          7332.666667,
          7448.818182,
          7397.166667,
          7455.989247
        ]
      },
      {
        "date": "2024-11-22",
        "close": 6975.0,
        "volume": 49272,
        "typical_volume": 81239.25,
        "trend": 7550.833333,
        "fair_value": 7175.128205,
        "relative_strength": 1.334206,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -66.825578,
        "energy": 53.752259,
        "activity_lines": [
          7193.666667,
          7355.454545,
          7357.214286,
          7416.784946
        ]
      },
      {
        "date": "2024-11-29",
        "close": 7000.0,
        "volume": 50472,
        "typical_volume": 79456.0,
        "trend": 7526.5,
        "fair_value": 7169.134615,
        "relative_strength": 3.441769,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.372648,
        "energy": 64.780212,
        "activity_lines": [
          7098.0,
          7270.272727,
          7324.452381,
          7381.247312
        ]
      },
      {
        "date": "2024-12-06",
        "close": 7140.0,
        "volume": 50417,
        "typical_volume": 77023.35,
        "trend": 7497.166667,
        "fair_value": 7164.102564,
        "relative_strength": 6.473312,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.384582,
        "energy": 64.540374,
        "activity_lines": [
          7078.0,
          7219.454545,
          7308.785714,
          7356.311828
        ]
      },
      {
        "date": "2024-12-13",
        "close": 7165.0,
        "volume": 59641,
        "typical_volume": 74247.15,
        "trend": 7452.333333,
        "fair_value": 7159.326923,
        "relative_strength": 3.824791,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.627883,
        "energy": 57.441149,
        "activity_lines": [
          7089.666667,
          7187.0,
          7296.904762,
          7334.88172
        ]
      },
      {
        "date": "2024-12-20",
        "close": 6915.0,
        "volume": 30828,
        "typical_volume": 70538.95,
        "trend": 7407.5,
        "fair_value": 7151.858974,
        "relative_strength": 3.781094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.963448,
        "energy": 52.583937,
        "activity_lines": [
          7042.0,
          7119.909091,
          7261.142857,
          7300.215054
        ]
      },
      {
        "date": "2024-12-27",
        "close": 6960.0,
        "volume": 24331,
        "typical_volume": 65219.25,
        "trend": 7371.666667,
        "fair_value": 7144.74359,
        "relative_strength": 4.200782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.455551,
        "energy": 46.88424,
        "activity_lines": [
          7015.666667,
          7073.454545,
          7230.357143,
          7271.344086
        ]
      },
      {
        "date": "2025-01-03",
        "close": 6860.0,
        "volume": 68124,
        "typical_volume": 64956.35,
        "trend": 7333.666667,
        "fair_value": 7137.24359,
        "relative_strength": 0.999447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.619949,
        "energy": 55.48239,
        "activity_lines": [
          6957.0,
          7018.636364,
          7189.97619,
          7238.333333
        ]
      },
      {
        "date": "2025-01-10",
        "close": 7295.0,
        "volume": 87838,
        "typical_volume": 64053.0,
        "trend": 7318.0,
        "fair_value": 7130.705128,
        "relative_strength": 4.053563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.33699,
        "energy": 32.742322,
        "activity_lines": [
          7052.666667,
          7053.363636,
          7192.309524,
          7235.83871
        ]
      },
      {
        "date": "2025-01-17",
        "close": 7520.0,
        "volume": 59768,
        "typical_volume": 65099.6,
        "trend": 7309.0,
        "fair_value": 7125.737179,
        "relative_strength": 6.69187,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -11.27899,
        "energy": 9.97633,
        "activity_lines": [
          7213.0,
          7132.545455,
          7215.452381,
          7248.870968
        ]
      },
      {
        "date": "2025-01-24",
        "close": 7400.0,
        "volume": 73809,
        "typical_volume": 65365.0,
        "trend": 7304.0,
        "fair_value": 7121.025641,
        "relative_strength": 4.281609,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.814705,
        "energy": 14.821693,
        "activity_lines": [
          7309.666667,
          7190.0,
          7225.880952,
          7254.741935
        ]
      },
      {
        "date": "2025-01-31",
        "close": 7300.0,
        "volume": 14827,
        "typical_volume": 62904.9,
        "trend": 7281.166667,
        "fair_value": 7115.064103,
        "relative_strength": 3.411148,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.011868,
        "energy": 19.107409,
        "activity_lines": [
          7340.666667,
          7222.181818,
          7225.333333,
          7254.483871
        ]
      },
      {
        "date": "2025-02-07",
        "close": 7585.0,
        "volume": 96611,
        "typical_volume": 62485.25,
        "trend": 7274.333333,
        "fair_value": 7110.448718,
        "relative_strength": 6.882277,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.946644,
        "energy": 31.849066,
        "activity_lines": [
          7444.0,
          7300.272727,
          7251.333333,
          7274.086022
        ]
      },
      {
        "date": "2025-02-14",
        "close": 8105.0,
        "volume": 201574,
        "typical_volume": 64008.1,
        "trend": 7296.666667,
        "fair_value": 7108.717949,
        "relative_strength": 10.665614,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 79.220177,
        "energy": 76.384474,
        "activity_lines": [
          7672.333333,
          7462.272727,
          7326.404762,
          7327.677419
        ]
      },
      {
        "date": "2025-02-21",
        "close": 7720.0,
        "volume": 138305,
        "typical_volume": 68236.05,
        "trend": 7315.666667,
        "fair_value": 7105.320513,
        "relative_strength": 2.622304,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.29472,
        "energy": 70.267067,
        "activity_lines": [
          7718.333333,
          7536.727273,
          7363.833333,
          7354.989247
        ]
      },
      {
        "date": "2025-02-28",
        "close": 7650.0,
        "volume": 207708,
        "typical_volume": 75710.0,
        "trend": 7335.333333,
        "fair_value": 7097.403846,
        "relative_strength": 6.224457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.688832,
        "energy": 68.354664,
        "activity_lines": [
          7727.666667,
          7588.363636,
          7394.785714,
          7376.55914
        ]
      },
      {
        "date": "2025-03-07",
        "close": 7955.0,
        "volume": 267295,
        "typical_volume": 84931.45,
        "trend": 7369.0,
        "fair_value": 7093.782051,
        "relative_strength": 8.708056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.52503,
        "energy": 71.38892,
        "activity_lines": [
          7822.0,
          7682.090909,
          7454.547619,
          7416.537634
        ]
      },
      {
        "date": "2025-03-14",
        "close": 8255.0,
        "volume": 154081,
        "typical_volume": 88478.15,
        "trend": 7406.5,
        "fair_value": 7091.057692,
        "relative_strength": 12.257633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.36945,
        "energy": 65.930003,
        "activity_lines": [
          7972.666667,
          7812.272727,
          7540.714286,
          7473.698925
        ]
      },
      {
        "date": "2025-03-21",
        "close": 8490.0,
        "volume": 202129,
        "typical_volume": 96404.35,
        "trend": 7450.666667,
        "fair_value": 7089.615385,
        "relative_strength": 11.593533,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.779842,
        "energy": 78.962961,
        "activity_lines": [
          8157.0,
          7959.818182,
          7645.357143,
          7543.602151
        ]
      },
      {
        "date": "2025-03-28",
        "close": 8525.0,
        "volume": 215232,
        "typical_volume": 104550.8,
        "trend": 7493.166667,
        "fair_value": 7089.294872,
        "relative_strength": 15.181594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.52002,
        "energy": 82.464648,
        "activity_lines": [
          8327.333333,
          8092.0,
          7748.571429,
          7612.913978
        ]
      },
      {
        "date": "2025-04-04",
        "close": 7985.0,
        "volume": 221490,
        "typical_volume": 113687.6,
        "trend": 7522.833333,
        "fair_value": 7084.74359,
        "relative_strength": 11.534325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.778452,
        "energy": 61.857952,
        "activity_lines": [
          8264.0,
          8107.727273,
          7795.595238,
          7644.645161
        ]
      },
      {
        "date": "2025-04-11",
        "close": 7360.0,
        "volume": 391771,
        "typical_volume": 130812.55,
        "trend": 7529.0,
        "fair_value": 7076.282051,
        "relative_strength": 4.013182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.194242,
        "energy": 26.139816,
        "activity_lines": [
          7970.0,
          7999.181818,
          7778.452381,
          7634.139785
        ]
      },
      {
        "date": "2025-04-18",
        "close": 7825.0,
        "volume": 128865,
        "typical_volume": 134732.2,
        "trend": 7540.166667,
        "fair_value": 7071.057692,
        "relative_strength": 8.188588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.165588,
        "energy": 18.421501,
        "activity_lines": [
          7870.666667,
          7974.090909,
          7803.761905,
          7653.236559
        ]
      },
      {
        "date": "2025-04-25",
        "close": 7990.0,
        "volume": 77525,
        "typical_volume": 136087.6,
        "trend": 7543.166667,
        "fair_value": 7069.615385,
        "relative_strength": 7.633431,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.632803,
        "energy": 22.884016,
        "activity_lines": [
          7855.0,
          7974.636364,
          7840.857143,
          7682.258065
        ]
      },
      {
        "date": "2025-05-02",
        "close": 7750.0,
        "volume": 86880,
        "typical_volume": 137449.55,
        "trend": 7542.833333,
        "fair_value": 7069.294872,
        "relative_strength": 3.754636,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.768799,
        "energy": 21.117558,
        "activity_lines": [
          7792.666667,
          7933.636364,
          7851.047619,
          7695.602151
        ]
      },
      {
        "date": "2025-05-09",
        "close": 7470.0,
        "volume": 73984,
        "typical_volume": 139607.35,
        "trend": 7538.5,
        "fair_value": 7069.070513,
        "relative_strength": -0.644783,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.962819,
        "energy": 12.040612,
        "activity_lines": [
          7688.666667,
          7841.181818,
          7831.785714,
          7690.903226
        ]
      },
      {
        "date": "2025-05-16",
        "close": 7685.0,
        "volume": 94212,
        "typical_volume": 143101.4,
        "trend": 7544.666667,
        "fair_value": 7068.108974,
        "relative_strength": 0.415794,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.180085,
        "energy": 10.877719,
        "activity_lines": [
          7690.666667,
          7791.090909,
          7830.357143,
          7700.354839
        ]
      },
      {
        "date": "2025-05-23",
        "close": 7730.0,
        "volume": 264843,
        "typical_volume": 152937.35,
        "trend": 7554.5,
        "fair_value": 7067.532051,
        "relative_strength": 2.420702,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.227007,
        "energy": 12.252923,
        "activity_lines": [
          7686.0,
          7754.090909,
          7829.761905,
          7712.311828
        ]
      },
      {
        "date": "2025-05-30",
        "close": 7685.0,
        "volume": 179861,
        "typical_volume": 157538.5,
        "trend": 7561.0,
        "fair_value": 7064.038462,
        "relative_strength": -2.032035,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.645315,
        "energy": 11.609498,
        "activity_lines": [
          7672.666667,
          7718.454545,
          7820.738095,
          7720.731183
        ]
      },
      {
        "date": "2025-06-06",
        "close": 8065.0,
        "volume": 182573,
        "typical_volume": 163678.75,
        "trend": 7579.0,
        "fair_value": 7064.647436,
        "relative_strength": -1.323839,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.097415,
        "energy": 16.025767,
        "activity_lines": [
          7806.333333,
          7766.545455,
          7846.047619,
          7753.247312
        ]
      },
      {
        "date": "2025-06-13",
        "close": 7895.0,
        "volume": 352361,
        "typical_volume": 177606.35,
        "trend": 7608.5,
        "fair_value": 7067.596154,
        "relative_strength": -6.104861,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.144484,
        "energy": 16.655753,
        "activity_lines": [
          7862.333333,
          7792.090909,
          7852.571429,
          7773.634409
        ]
      },
      {
        "date": "2025-06-20",
        "close": 7885.0,
        "volume": 148222,
        "typical_volume": 184276.1,
        "trend": 7638.833333,
        "fair_value": 7074.391026,
        "relative_strength": -10.059525,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.263832,
        "energy": 18.985501,
        "activity_lines": [
          7886.666667,
          7817.454545,
          7855.785714,
          7791.473118
        ]
      },
      {
        "date": "2025-06-27",
        "close": 8330.0,
        "volume": 208971,
        "typical_volume": 189894.1,
        "trend": 7683.166667,
        "fair_value": 7085.929487,
        "relative_strength": -6.06087,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.449792,
        "energy": 44.335054,
        "activity_lines": [
          8046.0,
          7914.181818,
          7898.595238,
          7836.064516
        ]
      },
      {
        "date": "2025-07-04",
        "close": 8280.0,
        "volume": 171452,
        "typical_volume": 188388.0,
        "trend": 7721.166667,
        "fair_value": 7098.621795,
        "relative_strength": -6.525147,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 61.206161,
        "energy": 54.797568,
        "activity_lines": [
          8148.666667,
          7992.636364,
          7933.095238,
          7874.569892
        ]
      },
      {
        "date": "2025-07-11",
        "close": 9080.0,
        "volume": 878319,
        "typical_volume": 225388.7,
        "trend": 7785.0,
        "fair_value": 7120.032051,
        "relative_strength": -1.501714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.140849,
        "energy": 79.787601,
        "activity_lines": [
          8478.333333,
          8211.272727,
          8042.952381,
          7962.236559
        ]
      },
      {
        "date": "2025-07-18",
        "close": 9015.0,
        "volume": 170903,
        "typical_volume": 223548.45,
        "trend": 7855.0,
        "fair_value": 7139.262821,
        "relative_strength": -2.692466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.233689,
        "energy": 86.138802,
        "activity_lines": [
          8718.666667,
          8393.909091,
          8140.142857,
          8041.591398
        ]
      },
      {
        "date": "2025-07-25",
        "close": 9455.0,
        "volume": 261129,
        "typical_volume": 223240.15,
        "trend": 7938.166667,
        "fair_value": 7159.358974,
        "relative_strength": 1.57277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.563121,
        "energy": 92.738467,
        "activity_lines": [
          9031.0,
          8628.454545,
          8272.738095,
          8144.817204
        ]
      },
      {
        "date": "2025-08-01",
        "close": 7175.0,
        "volume": 2050382,
        "typical_volume": 318055.2,
        "trend": 7948.666667,
        "fair_value": 7164.358974,
        "relative_strength": -20.850349,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": 30.82153,
        "energy": 33.549085,
        "activity_lines": [
          8478.666667,
          8416.272727,
          8181.047619,
          8095.580645
        ]
      },
      {
        "date": "2025-08-08",
        "close": 7185.0,
        "volume": 924189,
        "typical_volume": 354158.2,
        "trend": 7945.0,
        "fair_value": 7167.724359,
        "relative_strength": -22.749713,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": 3.223087,
        "energy": 9.354742,
        "activity_lines": [
          8006.666667,
          8216.0,
          8095.452381,
          8046.311828
        ]
      },
      {
        "date": "2025-08-15",
        "close": 7300.0,
        "volume": 662778,
        "typical_volume": 376535.5,
        "trend": 7937.666667,
        "fair_value": 7172.724359,
        "relative_strength": -21.696401,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.234741,
        "energy": 32.128332,
        "activity_lines": [
          7646.0,
          8045.727273,
          8027.02381,
          8004.698925
        ]
      },
      {
        "date": "2025-08-22",
        "close": 7230.0,
        "volume": 314950,
        "typical_volume": 381208.5,
        "trend": 7932.0,
        "fair_value": 7176.378205,
        "relative_strength": -20.858896,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.802456,
        "energy": 47.657585,
        "activity_lines": [
          7380.666667,
          7876.636364,
          7957.761905,
          7959.043011
        ]
      },
      {
        "date": "2025-08-29",
        "close": 7295.0,
        "volume": 453473,
        "typical_volume": 384293.6,
        "trend": 7931.833333,
        "fair_value": 7184.00641,
        "relative_strength": -20.356687,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -62.125783,
        "energy": 74.50348,
        "activity_lines": [
          7256.0,
          7731.454545,
          7898.285714,
          7917.946237
        ]
      },
      {
        "date": "2025-09-05",
        "close": 7380.0,
        "volume": 680168,
        "typical_volume": 411858.75,
        "trend": 7925.0,
        "fair_value": 7191.410256,
        "relative_strength": -19.647853,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.415152,
        "energy": 72.070199,
        "activity_lines": [
          7303.666667,
          7612.454545,
          7847.214286,
          7882.344086
        ]
      },
      {
        "date": "2025-09-12",
        "close": 7520.0,
        "volume": 726702,
        "typical_volume": 444317.6,
        "trend": 7905.5,
        "fair_value": 7199.487179,
        "relative_strength": -22.417698,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.476792,
        "energy": 54.809869,
        "activity_lines": [
          7384.333333,
          7536.181818,
          7811.595238,
          7856.215054
        ]
      },
      {
        "date": "2025-09-19",
        "close": 7390.0,
        "volume": 876285,
        "typical_volume": 483787.85,
        "trend": 7894.5,
        "fair_value": 7207.179487,
        "relative_strength": -24.480633,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.66004,
        "energy": 39.009158,
        "activity_lines": [
          7399.333333,
          7450.090909,
          7765.833333,
          7822.956989
        ]
      },
      {
        "date": "2025-09-26",
        "close": 7675.0,
        "volume": 1062509,
        "typical_volume": 533214.1,
        "trend": 7895.333333,
        "fair_value": 7217.019231,
        "relative_strength": -19.809094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.649497,
        "energy": 26.287553,
        "activity_lines": [
          7503.333333,
          7446.545455,
          7748.928571,
          7808.795699
        ]
      },
      {
        "date": "2025-10-03",
        "close": 7870.0,
        "volume": 986757,
        "typical_volume": 577841.35,
        "trend": 7892.5,
        "fair_value": 7228.173077,
        "relative_strength": -21.121156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.520044,
        "energy": 17.348503,
        "activity_lines": [
          7642.666667,
          7502.818182,
          7749.619048,
          7807.16129
        ]
      },
      {
        "date": "2025-10-10",
        "close": 8170.0,
        "volume": 467038,
        "typical_volume": 587951.1,
        "trend": 7889.666667,
        "fair_value": 7240.384615,
        "relative_strength": -19.139447,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -6.786222,
        "energy": 15.702756,
        "activity_lines": [
          7843.666667,
          7642.454545,
          7778.0,
          7825.064516
        ]
      },
      {
        "date": "2025-10-17",
        "close": 7965.0,
        "volume": 1215962,
        "typical_volume": 639756.15,
        "trend": 7872.166667,
        "fair_value": 7252.596154,
        "relative_strength": -23.674106,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 3.288376,
        "energy": 18.751844,
        "activity_lines": [
          7923.666667,
          7726.727273,
          7784.761905,
          7829.924731
        ]
      },
      {
        "date": "2025-10-24",
        "close": 8240.0,
        "volume": 670479,
        "typical_volume": 664151.45,
        "trend": 7862.666667,
        "fair_value": 7265.512821,
        "relative_strength": -24.488326,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.692426,
        "energy": 32.206435,
        "activity_lines": [
          8065.666667,
          7846.818182,
          7816.380952,
          7853.655914
        ]
      },
      {
        "date": "2025-10-31",
        "close": 8170.0,
        "volume": 783186,
        "typical_volume": 685692.7,
        "trend": 7868.833333,
        "fair_value": 7277.5,
        "relative_strength": -27.67314,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.624612,
        "energy": 62.856958,
        "activity_lines": [
          8127.666667,
          7937.090909,
          7840.5,
          7873.483871
        ]
      },
      {
        "date": "2025-11-07",
        "close": 8020.0,
        "volume": 895717,
        "typical_volume": 723067.45,
        "trend": 7890.833333,
        "fair_value": 7284.551282,
        "relative_strength": -25.768084,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.97973,
        "energy": 50.701546,
        "activity_lines": [
          8106.666667,
          7983.0,
          7849.02381,
          7883.236559
        ]
      },
      {
        "date": "2025-11-14",
        "close": 8175.0,
        "volume": 603566,
        "typical_volume": 742797.2,
        "trend": 7902.5,
        "fair_value": 7294.294872,
        "relative_strength": -24.968356,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.145376,
        "energy": 50.360735,
        "activity_lines": [
          8127.333333,
          8043.909091,
          7871.666667,
          7901.569892
        ]
      },
      {
        "date": "2025-11-21",
        "close": 8000.0,
        "volume": 415012,
        "typical_volume": 754975.2,
        "trend": 7902.833333,
        "fair_value": 7303.397436,
        "relative_strength": -23.170302,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.382927,
        "energy": 31.358054,
        "activity_lines": [
          8089.333333,
          8058.545455,
          7878.380952,
          7907.860215
        ]
      },
      {
        "date": "2025-11-28",
        "close": 8215.0,
        "volume": 260136,
        "typical_volume": 724066.05,
        "trend": 7918.333333,
        "fair_value": 7312.307692,
        "relative_strength": -22.158915,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.516991,
        "energy": 26.250156,
        "activity_lines": [
          8120.666667,
          8103.545455,
          7906.904762,
          7928.0
        ]
      },
      {
        "date": "2025-12-05",
        "close": 8680.0,
        "volume": 566935,
        "typical_volume": 743867.65,
        "trend": 7958.666667,
        "fair_value": 7323.108974,
        "relative_strength": -20.765589,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 82.419713,
        "energy": 56.33662,
        "activity_lines": [
          8308.666667,
          8218.090909,
          7983.833333,
          7977.139785
        ]
      },
      {
        "date": "2025-12-12",
        "close": 8785.0,
        "volume": 505148,
        "typical_volume": 756068.6,
        "trend": 7995.333333,
        "fair_value": 7335.961538,
        "relative_strength": -20.66219,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.76999,
        "energy": 76.618267,
        "activity_lines": [
          8497.666667,
          8333.454545,
          8072.357143,
          8030.451613
        ]
      },
      {
        "date": "2025-12-19",
        "close": 8715.0,
        "volume": 616782,
        "typical_volume": 684388.6,
        "trend": 8028.166667,
        "fair_value": 7348.429487,
        "relative_strength": -18.003807,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.28115,
        "energy": 80.639812,
        "activity_lines": [
          8612.333333,
          8419.454545,
          8157.404762,
          8076.88172
        ]
      },
      {
        "date": "2025-12-26",
        "close": 9175.0,
        "volume": 1876838,
        "typical_volume": 732021.05,
        "trend": 8077.833333,
        "fair_value": 7363.173077,
        "relative_strength": -15.543835,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.63928,
        "energy": 92.720859,
        "activity_lines": [
          8844.333333,
          8579.181818,
          8278.928571,
          8150.870968
        ]
      },
      {
        "date": "2026-01-02",
        "close": 9120.0,
        "volume": 1379227,
        "typical_volume": 767843.5,
        "trend": 8113.0,
        "fair_value": 7377.403846,
        "relative_strength": -19.145804,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.941655,
        "energy": 89.135059,
        "activity_lines": [
          8979.666667,
          8706.909091,
          8385.738095,
          8218.107527
        ]
      },
      {
        "date": "2026-01-09",
        "close": 9305.0,
        "volume": 3111728,
        "typical_volume": 907682.4,
        "trend": 8160.0,
        "fair_value": 7389.166667,
        "relative_strength": -21.983309,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.220376,
        "energy": 88.929648,
        "activity_lines": [
          9116.333333,
          8852.272727,
          8501.5,
          8295.010753
        ]
      },
      {
        "date": "2026-01-16",
        "close": 9315.0,
        "volume": 3479050,
        "typical_volume": 1058961.25,
        "trend": 8207.666667,
        "fair_value": 7399.967949,
        "relative_strength": -25.422107,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.897612,
        "energy": 85.954708,
        "activity_lines": [
          9214.666667,
          8978.818182,
          8608.333333,
          8369.526882
        ]
      },
      {
        "date": "2026-01-23",
        "close": 9270.0,
        "volume": 2373257,
        "typical_volume": 1143615.7,
        "trend": 8239.0,
        "fair_value": 7410.384615,
        "relative_strength": -27.430396,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.474813,
        "energy": 68.993307,
        "activity_lines": [
          9262.666667,
          9073.636364,
          8701.261905,
          8438.064516
        ]
      },
      {
        "date": "2026-01-30",
        "close": 9550.0,
        "volume": 7712388,
        "typical_volume": 1492900.0,
        "trend": 8281.333333,
        "fair_value": 7424.294872,
        "relative_strength": -28.011491,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.978325,
        "energy": 62.539401,
        "activity_lines": [
          9367.0,
          9199.454545,
          8811.857143,
          8522.645161
        ]
      },
      {
        "date": "2026-02-06",
        "close": 9135.0,
        "volume": 4316288,
        "typical_volume": 1664900.15,
        "trend": 8283.166667,
        "fair_value": 7436.217949,
        "relative_strength": -28.654942,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.726498,
        "energy": 50.900818,
        "activity_lines": [
          9308.0,
          9221.636364,
          8873.261905,
          8577.72043
        ]
      },
      {
        "date": "2026-02-13",
        "close": 9145.0,
        "volume": 1793960,
        "typical_volume": 1701472.7,
        "trend": 8287.5,
        "fair_value": 7448.173077,
        "relative_strength": -33.247662,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.788562,
        "energy": 43.621584,
        "activity_lines": [
          9251.333333,
          9228.909091,
          8927.309524,
          8633.322581
        ]
      },
      {
        "date": "2026-02-20",
        "close": 9110.0,
        "volume": 398866,
        "typical_volume": 1672078.15,
        "trend": 8276.0,
        "fair_value": 7460.064103,
        "relative_strength": -36.29519,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.941172,
        "energy": 34.612428,
        "activity_lines": [
          9193.666667,
          9221.363636,
          8971.02381,
          8686.387097
        ]
      },
      {
        "date": "2026-02-27",
        "close": 9510.0,
        "volume": 1179007,
        "typical_volume": 1707676.6,
        "trend": 8353.833333,
        "fair_value": 7474.262821,
        "relative_strength": -37.405209,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.454382,
        "energy": 38.741739,
        "activity_lines": [
          9283.0,
          9280.636364,
          9046.928571,
          8766.0
        ]
      },
      {
        "date": "2026-03-06",
        "close": 9145.0,
        "volume": 1201025,
        "typical_volume": 1706929.75,
        "trend": 8419.166667,
        "fair_value": 7487.339744,
        "relative_strength": -31.913538,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.752705,
        "energy": 28.671784,
        "activity_lines": [
          9234.666667,
          9259.090909,
          9081.690476,
          8817.043011
        ]
      },
      {
        "date": "2026-03-13",
        "close": 9070.0,
        "volume": 613547,
        "typical_volume": 1704083.15,
        "trend": 8478.166667,
        "fair_value": 7500.544872,
        "relative_strength": -30.400204,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.995301,
        "energy": 24.639453,
        "activity_lines": [
          9188.333333,
          9224.454545,
          9103.690476,
          8859.032258
        ]
      },
      {
        "date": "2026-03-20",
        "close": 8610.0,
        "volume": 563112,
        "typical_volume": 1693079.45,
        "trend": 8524.166667,
        "fair_value": 7508.557692,
        "relative_strength": -36.40236,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.149102,
        "energy": 10.758295,
        "activity_lines": [
          8993.0,
          9107.090909,
          9077.928571,
          8867.537634
        ]
      },
      {
        "date": "2026-03-27",
        "close": 8645.0,
        "volume": 581665,
        "typical_volume": 1677376.85,
        "trend": 8569.166667,
        "fair_value": 7517.275641,
        "relative_strength": -31.138858,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.597057,
        "energy": 12.547839,
        "activity_lines": [
          8845.0,
          9008.727273,
          9053.404762,
          8875.333333
        ]
      },
      {
        "date": "2026-04-03",
        "close": 8710.0,
        "volume": 372073,
        "typical_volume": 1665802.2,
        "trend": 8613.5,
        "fair_value": 7527.179487,
        "relative_strength": -28.867228,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.407578,
        "energy": 17.065221,
        "activity_lines": [
          8749.666667,
          8934.363636,
          9032.095238,
          8884.419355
        ]
      },
      {
        "date": "2026-04-10",
        "close": 9060.0,
        "volume": 365397,
        "typical_volume": 1663321.45,
        "trend": 8664.833333,
        "fair_value": 7537.628205,
        "relative_strength": -31.231578,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.216996,
        "energy": 16.142582,
        "activity_lines": [
          8824.333333,
          8933.818182,
          9041.571429,
          8913.225806
        ]
      },
      {
        "date": "2026-04-17",
        "close": 9440.0,
        "volume": 2489825,
        "typical_volume": 1774805.9,
        "trend": 8733.166667,
        "fair_value": 7552.051282,
        "relative_strength": -31.245018,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.223691,
        "energy": 17.096593,
        "activity_lines": [
          9031.333333,
          9011.272727,
          9082.190476,
          8963.236559
        ]
      },
      {
        "date": "2026-04-24",
        "close": 9380.0,
        "volume": 443829,
        "typical_volume": 1768650.6,
        "trend": 8790.0,
        "fair_value": 7567.435897,
        "relative_strength": -33.703827,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.33162,
        "energy": 26.622617,
        "activity_lines": [
          9193.666667,
          9072.272727,
          9111.261905,
          9004.967742
        ]
      },
      {
        "date": "2026-05-01",
        "close": 9185.0,
        "volume": 304344,
        "typical_volume": 1758610.4,
        "trend": 8833.833333,
        "fair_value": 7581.730769,
        "relative_strength": -35.363908,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.847798,
        "energy": 31.869782,
        "activity_lines": [
          9239.666667,
          9093.545455,
          9118.428571,
          9030.451613
        ]
      },
      {
        "date": "2026-05-08",
        "close": 9725.0,
        "volume": 753015,
        "typical_volume": 1765422.05,
        "trend": 8885.666667,
        "fair_value": 7601.634615,
        "relative_strength": -38.896608,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 71.826216,
        "energy": 64.361702,
        "activity_lines": [
          9429.666667,
          9211.636364,
          9175.119048,
          9087.946237
        ]
      },
      {
        "date": "2026-05-15",
        "close": 9830.0,
        "volume": 1315165,
        "typical_volume": 1737338.4,
        "trend": 8947.833333,
        "fair_value": 7622.083333,
        "relative_strength": -37.280218,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.37953,
        "energy": 70.89874,
        "activity_lines": [
          9587.0,
          9344.909091,
          9237.0,
          9148.870968
        ]
      },
      {
        "date": "2026-05-22",
        "close": 9880.0,
        "volume": 446584,
        "typical_volume": 1690706.25,
        "trend": 9002.5,
        "fair_value": 7643.782051,
        "relative_strength": -38.840075,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.553155,
        "energy": 70.652233,
        "activity_lines": [
          9709.666667,
          9474.818182,
          9300.52381,
          9209.010753
        ]
      },
      {
        "date": "2026-05-29",
        "close": 9885.0,
        "volume": 445885,
        "typical_volume": 1557414.1,
        "trend": 9059.666667,
        "fair_value": 7664.455128,
        "relative_strength": -42.441203,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.607312,
        "energy": 71.991805,
        "activity_lines": [
          9804.666667,
          9590.909091,
          9360.904762,
          9265.946237
        ]
      },
      {
        "date": "2026-06-05",
        "close": 9900.0,
        "volume": 91321,
        "typical_volume": 1388027.65,
        "trend": 9122.333333,
        "fair_value": 7684.839744,
        "relative_strength": -39.169283,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.188552,
        "energy": 67.987925,
        "activity_lines": [
          9871.0,
          9686.545455,
          9419.952381,
          9320.16129
        ]
      },
      {
        "date": "2026-06-12",
        "close": 9875.0,
        "volume": 57572,
        "typical_volume": 1272243.4,
        "trend": 9179.0,
        "fair_value": 7703.685897,
        "relative_strength": -38.144984,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.126965,
        "energy": 61.150051,
        "activity_lines": [
          9881.333333,
          9754.818182,
          9473.833333,
          9368.72043
        ]
      },
      {
        "date": "2026-06-19",
        "close": 9775.0,
        "volume": 102740,
        "typical_volume": 891761.0,
        "trend": 9238.166667,
        "fair_value": 7721.987179,
        "relative_strength": -44.218682,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.541263,
        "energy": 50.851626,
        "activity_lines": [
          9848.333333,
          9783.727273,
          9515.309524,
          9407.172043
        ]
      },
      {
        "date": "2026-06-26",
        "close": 9300.0,
        "volume": 46809,
        "typical_volume": 678287.05,
        "trend": 9274.333333,
        "fair_value": 7739.070513,
        "relative_strength": -41.94922,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.393518,
        "energy": 24.801177,
        "activity_lines": [
          9660.666667,
          9713.272727,
          9510.47619,
          9411.16129
        ]
      },
      {
        "date": "2026-07-03",
        "close": 9575.0,
        "volume": 34398,
        "typical_volume": 590308.95,
        "trend": 9304.166667,
        "fair_value": 7757.660256,
        "relative_strength": -36.873516,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.593705,
        "energy": 19.81371,
        "activity_lines": [
          9603.333333,
          9695.363636,
          9531.047619,
          9430.55914
        ]
      },
      {
        "date": "2026-07-10",
        "close": 9625.0,
        "volume": 127257,
        "typical_volume": 576728.5,
        "trend": 9332.166667,
        "fair_value": 7774.583333,
        "relative_strength": -30.221143,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.092252,
        "energy": 21.002768,
        "activity_lines": [
          9583.333333,
          9683.0,
          9554.333333,
          9451.258065
        ]
      },
      {
        "date": "2026-07-17",
        "close": 9805.0,
        "volume": 150394,
        "typical_volume": 525297.85,
        "trend": 9368.5,
        "fair_value": 7793.653846,
        "relative_strength": -20.94075,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.683792,
        "energy": 22.679482,
        "activity_lines": [
          9641.666667,
          9695.363636,
          9592.309524,
          9481.763441
        ]
      },
      {
        "date": "2026-07-24",
        "close": 9700.0,
        "volume": 232411,
        "typical_volume": 476867.15,
        "trend": 9386.0,
        "fair_value": 7811.410256,
        "relative_strength": -18.975219,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.707989,
        "energy": 21.287624,
        "activity_lines": [
          9669.666667,
          9687.181818,
          9618.880952,
          9503.150538
        ]
      },
      {
        "date": "2026-07-31",
        "close": 10000.0,
        "volume": 204856,
        "typical_volume": 456432.6,
        "trend": 9415.333333,
        "fair_value": 7831.089744,
        "relative_strength": -14.543997,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.249536,
        "energy": 38.344014,
        "activity_lines": [
          9802.666667,
          9735.909091,
          9671.380952,
          9542.763441
        ]
      },
      {
        "date": "2026-08-07",
        "close": 10310.0,
        "volume": 256535,
        "typical_volume": 441103.75,
        "trend": 9448.833333,
        "fair_value": 7854.294872,
        "relative_strength": -6.556793,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.418758,
        "energy": 69.820196,
        "activity_lines": [
          9992.333333,
          9838.818182,
          9748.97619,
          9600.483871
        ]
      }
    ],
    "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."
    }
  }
}