{
  "ticker": {
    "uuid": "c9ffdf6c-00bc-4e39-b582-62844ad83c97",
    "symbol": "LYPG",
    "name": "Amundi MSCI World Information Technology UCITS ETF EUR Acc",
    "exchange": "GER",
    "country": "DE",
    "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": "^GDAXI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 72.629,
    "architecture_energy": 45.04,
    "architecture_maturity": 72.528,
    "architecture_confidence": 95.692,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 29.79,
        "rotation_up": 39.79,
        "upward_expansion": 66.65,
        "deceleration": 94.24,
        "rotation_down": 29.36,
        "downward_expansion": 15.99
      },
      "activity_lines": [
        1161.826652,
        1161.64363,
        1142.151421,
        1096.164078
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 1207.400024,
    "trend_reference": 1039.846659,
    "distance_from_trend": 0.161133,
    "trend_direction": "Improving",
    "fair_value": 827.027562,
    "distance_from_fair_value": 0.459927,
    "fair_value_direction": "Improving",
    "relative_strength": 11.94898,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.315107,
    "excess_performance": 0.250468,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.161133,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.070377,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.459927,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.051502,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.11949,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.059565,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.315107,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.653011,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 8722,
      "relative_activity": 2.008497,
      "balance": 2.653011,
      "dry_up": 1.224626,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.042456,
      "annualized_volatility": 0.243178,
      "from_high_reference": -0.002149,
      "from_low_reference": 0.406243
    },
    "levels": {
      "trend_reference": 1039.846659,
      "fair_value_reference": 827.027562,
      "structural_low": 858.599976,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.002643,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.003247,
        "regime_survival": 0.4,
        "best_return": 0.100869,
        "worst_return": -0.143784,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.090085,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.058637,
        "regime_survival": 0.0,
        "best_return": 0.171976,
        "worst_return": -0.127124,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.196804,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.12508,
        "regime_survival": 0.0,
        "best_return": 0.289742,
        "worst_return": -0.012746,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.152663,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.083371,
        "regime_survival": 0.333333,
        "best_return": 0.434984,
        "worst_return": -0.10952,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-09",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": 0.119432,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-18",
        "end": "2025-02-14",
        "tenure": "Established",
        "return": 0.081275,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-21",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.066749,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.143526,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.179708,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.027437,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-04",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": 0.060408,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-15",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": 0.081417,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-05",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": -0.073426,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-20",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.029972,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.186515,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-05-08",
        "tenure": "New",
        "return": 0.077181,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.002829,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.045368,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 539.099976,
        "volume": 6277,
        "typical_volume": 7055.95,
        "trend": 518.20833,
        "fair_value": 477.289422,
        "relative_strength": 4.34926,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.270087,
        "energy": 23.268294,
        "activity_lines": [
          552.373328,
          559.481814,
          552.913091,
          538.272899
        ]
      },
      {
        "date": "2023-08-25",
        "close": 555.599976,
        "volume": 3128,
        "typical_volume": 6887.75,
        "trend": 521.446662,
        "fair_value": 478.337498,
        "relative_strength": 7.390159,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.565222,
        "energy": 25.70596,
        "activity_lines": [
          551.153321,
          558.138174,
          554.525232,
          540.685263
        ]
      },
      {
        "date": "2023-09-01",
        "close": 583.799988,
        "volume": 7342,
        "typical_volume": 6998.3,
        "trend": 524.748329,
        "fair_value": 479.698716,
        "relative_strength": 11.391284,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.738563,
        "energy": 27.807581,
        "activity_lines": [
          560.413318,
          562.219991,
          558.506184,
          544.708059
        ]
      },
      {
        "date": "2023-09-08",
        "close": 577.700012,
        "volume": 6990,
        "typical_volume": 6854.1,
        "trend": 528.139995,
        "fair_value": 481.051921,
        "relative_strength": 10.986541,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.63675,
        "energy": 39.161104,
        "activity_lines": [
          567.413326,
          564.699995,
          561.455947,
          548.124296
        ]
      },
      {
        "date": "2023-09-15",
        "close": 565.5,
        "volume": 5375,
        "typical_volume": 6998.3,
        "trend": 531.189995,
        "fair_value": 482.349998,
        "relative_strength": 7.62528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.552322,
        "energy": 41.079979,
        "activity_lines": [
          569.333329,
          564.832723,
          562.815233,
          550.534619
        ]
      },
      {
        "date": "2023-09-22",
        "close": 554.400024,
        "volume": 13597,
        "typical_volume": 7384.8,
        "trend": 534.10333,
        "fair_value": 483.515383,
        "relative_strength": 7.898144,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.83399,
        "energy": 36.922739,
        "activity_lines": [
          566.020007,
          562.925455,
          562.758093,
          552.03204
        ]
      },
      {
        "date": "2023-09-29",
        "close": 556.5,
        "volume": 3909,
        "typical_volume": 7320.15,
        "trend": 536.831663,
        "fair_value": 484.641024,
        "relative_strength": 9.565877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.84678,
        "energy": 22.056003,
        "activity_lines": [
          562.386674,
          561.683637,
          562.622855,
          553.476987
        ]
      },
      {
        "date": "2023-10-06",
        "close": 563.799988,
        "volume": 8189,
        "typical_volume": 7366.75,
        "trend": 539.961663,
        "fair_value": 485.753524,
        "relative_strength": 12.127466,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.273817,
        "energy": 12.41614,
        "activity_lines": [
          561.126668,
          562.047271,
          562.926188,
          555.216879
        ]
      },
      {
        "date": "2023-10-13",
        "close": 575.0,
        "volume": 5400,
        "typical_volume": 7219.6,
        "trend": 542.976663,
        "fair_value": 486.881729,
        "relative_strength": 14.496551,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.69615,
        "energy": 24.156209,
        "activity_lines": [
          564.933333,
          564.74909,
          564.111426,
          557.477417
        ]
      },
      {
        "date": "2023-10-20",
        "close": 549.799988,
        "volume": 8338,
        "typical_volume": 7321.7,
        "trend": 545.12833,
        "fair_value": 487.953203,
        "relative_strength": 12.228243,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 11.318208,
        "energy": 6.051125,
        "activity_lines": [
          560.519995,
          562.641816,
          562.778092,
          557.917631
        ]
      },
      {
        "date": "2023-10-27",
        "close": 542.900024,
        "volume": 6226,
        "typical_volume": 7218.25,
        "trend": 546.614997,
        "fair_value": 489.099678,
        "relative_strength": 11.545845,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 1.831065,
        "energy": 5.865267,
        "activity_lines": [
          554.853337,
          559.147276,
          560.831428,
          557.773869
        ]
      },
      {
        "date": "2023-11-03",
        "close": 569.400024,
        "volume": 7897,
        "typical_volume": 7286.75,
        "trend": 549.293332,
        "fair_value": 490.242306,
        "relative_strength": 12.784366,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.237726,
        "energy": 11.151948,
        "activity_lines": [
          558.786678,
          560.401825,
          561.46524,
          559.243871
        ]
      },
      {
        "date": "2023-11-10",
        "close": 591.599976,
        "volume": 4586,
        "typical_volume": 7253.45,
        "trend": 552.704998,
        "fair_value": 491.535575,
        "relative_strength": 16.408785,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.410496,
        "energy": 28.922108,
        "activity_lines": [
          569.260002,
          565.44182,
          564.225714,
          561.973332
        ]
      },
      {
        "date": "2023-11-17",
        "close": 599.200012,
        "volume": 11815,
        "typical_volume": 7524.6,
        "trend": 556.421664,
        "fair_value": 492.847755,
        "relative_strength": 12.471022,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 71.310233,
        "energy": 60.767554,
        "activity_lines": [
          580.413338,
          571.721822,
          567.543811,
          564.97301
        ]
      },
      {
        "date": "2023-11-24",
        "close": 600.400024,
        "volume": 8188,
        "typical_volume": 7411.0,
        "trend": 560.099999,
        "fair_value": 494.14423,
        "relative_strength": 11.572226,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.155926,
        "energy": 75.008631,
        "activity_lines": [
          590.353345,
          577.829098,
          570.840004,
          567.810324
        ]
      },
      {
        "date": "2023-12-01",
        "close": 606.599976,
        "volume": 14306,
        "typical_volume": 7746.3,
        "trend": 563.786665,
        "fair_value": 495.464742,
        "relative_strength": 9.878149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.295324,
        "energy": 82.265058,
        "activity_lines": [
          598.986666,
          584.429093,
          574.554763,
          570.810322
        ]
      },
      {
        "date": "2023-12-08",
        "close": 617.099976,
        "volume": 2742,
        "typical_volume": 7543.0,
        "trend": 567.603331,
        "fair_value": 496.892947,
        "relative_strength": 9.046239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.273645,
        "energy": 87.77393,
        "activity_lines": [
          606.873324,
          591.989088,
          579.095237,
          574.249891
        ]
      },
      {
        "date": "2023-12-15",
        "close": 630.299988,
        "volume": 14834,
        "typical_volume": 7877.3,
        "trend": 571.11333,
        "fair_value": 498.324037,
        "relative_strength": 11.032036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.096283,
        "energy": 92.371553,
        "activity_lines": [
          615.979989,
          600.847268,
          584.677141,
          578.294836
        ]
      },
      {
        "date": "2023-12-22",
        "close": 623.200012,
        "volume": 11180,
        "typical_volume": 7925.8,
        "trend": 573.549998,
        "fair_value": 499.680127,
        "relative_strength": 9.64582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.13642,
        "energy": 88.465827,
        "activity_lines": [
          620.139994,
          607.205452,
          589.345237,
          581.655268
        ]
      },
      {
        "date": "2023-12-29",
        "close": 624.900024,
        "volume": 2195,
        "typical_volume": 7625.7,
        "trend": 575.746665,
        "fair_value": 501.042948,
        "relative_strength": 9.200783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.229184,
        "energy": 86.779098,
        "activity_lines": [
          623.266671,
          612.996366,
          593.886192,
          584.968172
        ]
      },
      {
        "date": "2024-01-05",
        "close": 604.599976,
        "volume": 12181,
        "typical_volume": 7920.9,
        "trend": 577.406665,
        "fair_value": 502.254165,
        "relative_strength": 6.208782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.666813,
        "energy": 59.296273,
        "activity_lines": [
          617.993331,
          613.730906,
          596.101428,
          586.829676
        ]
      },
      {
        "date": "2024-01-12",
        "close": 629.0,
        "volume": 18715,
        "typical_volume": 8700.25,
        "trend": 579.306665,
        "fair_value": 503.622435,
        "relative_strength": 9.228695,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.708449,
        "energy": 58.823543,
        "activity_lines": [
          620.986666,
          617.779997,
          600.328571,
          590.158279
        ]
      },
      {
        "date": "2024-01-19",
        "close": 651.299988,
        "volume": 6419,
        "typical_volume": 8654.1,
        "trend": 582.459998,
        "fair_value": 505.066665,
        "relative_strength": 13.46822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.641879,
        "energy": 67.889295,
        "activity_lines": [
          630.619995,
          624.799996,
          606.329998,
          594.803009
        ]
      },
      {
        "date": "2024-01-26",
        "close": 673.5,
        "volume": 8452,
        "typical_volume": 8727.2,
        "trend": 585.889998,
        "fair_value": 506.721794,
        "relative_strength": 13.928456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.729241,
        "energy": 78.248892,
        "activity_lines": [
          646.253329,
          634.770905,
          614.124284,
          600.676558
        ]
      },
      {
        "date": "2024-02-02",
        "close": 677.900024,
        "volume": 12078,
        "typical_volume": 9062.35,
        "trend": 589.676666,
        "fair_value": 508.260897,
        "relative_strength": 14.413217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.11733,
        "energy": 94.631165,
        "activity_lines": [
          660.000004,
          644.19091,
          621.881429,
          606.612688
        ]
      },
      {
        "date": "2024-02-09",
        "close": 701.5,
        "volume": 6528,
        "typical_volume": 8708.9,
        "trend": 594.06,
        "fair_value": 509.896794,
        "relative_strength": 17.669446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.881621,
        "energy": 96.821749,
        "activity_lines": [
          678.080005,
          656.492729,
          631.350953,
          613.827097
        ]
      },
      {
        "date": "2024-02-16",
        "close": 695.299988,
        "volume": 10877,
        "typical_volume": 9057.3,
        "trend": 598.176666,
        "fair_value": 511.519871,
        "relative_strength": 14.702011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.376165,
        "energy": 92.417825,
        "activity_lines": [
          687.633333,
          665.941818,
          639.529523,
          620.358709
        ]
      },
      {
        "date": "2024-02-23",
        "close": 698.200012,
        "volume": 13191,
        "typical_volume": 9307.4,
        "trend": 602.103333,
        "fair_value": 513.285897,
        "relative_strength": 12.610772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.871397,
        "energy": 89.400627,
        "activity_lines": [
          693.733337,
          674.496366,
          647.323334,
          626.811828
        ]
      },
      {
        "date": "2024-03-01",
        "close": 709.5,
        "volume": 7462,
        "typical_volume": 9410.5,
        "trend": 607.003333,
        "fair_value": 515.241025,
        "relative_strength": 11.819862,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.46954,
        "energy": 79.593413,
        "activity_lines": [
          700.473336,
          683.870911,
          655.553334,
          633.740645
        ]
      },
      {
        "date": "2024-03-08",
        "close": 708.299988,
        "volume": 5892,
        "typical_volume": 9288.2,
        "trend": 612.529999,
        "fair_value": 517.082371,
        "relative_strength": 10.580039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.264223,
        "energy": 68.841531,
        "activity_lines": [
          704.41333,
          691.458181,
          663.028571,
          640.275914
        ]
      },
      {
        "date": "2024-03-15",
        "close": 697.599976,
        "volume": 6788,
        "typical_volume": 9316.3,
        "trend": 617.813332,
        "fair_value": 518.845832,
        "relative_strength": 7.817196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.881869,
        "energy": 65.16506,
        "activity_lines": [
          702.75999,
          695.583632,
          668.729997,
          645.764299
        ]
      },
      {
        "date": "2024-03-22",
        "close": 721.5,
        "volume": 7817,
        "typical_volume": 9312.3,
        "trend": 623.343333,
        "fair_value": 520.724358,
        "relative_strength": 9.44231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.203617,
        "energy": 68.509639,
        "activity_lines": [
          709.333325,
          702.363632,
          675.970949,
          652.453762
        ]
      },
      {
        "date": "2024-03-29",
        "close": 715.299988,
        "volume": 5663,
        "typical_volume": 9366.15,
        "trend": 627.726666,
        "fair_value": 522.472435,
        "relative_strength": 6.436336,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.874729,
        "energy": 63.300996,
        "activity_lines": [
          712.093323,
          706.334539,
          681.897139,
          658.386449
        ]
      },
      {
        "date": "2024-04-05",
        "close": 704.900024,
        "volume": 11273,
        "typical_volume": 9339.05,
        "trend": 631.966667,
        "fair_value": 524.068268,
        "relative_strength": 6.302874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.922512,
        "energy": 56.449005,
        "activity_lines": [
          710.246667,
          707.250908,
          686.243808,
          663.365375
        ]
      },
      {
        "date": "2024-04-12",
        "close": 718.799988,
        "volume": 12229,
        "typical_volume": 9541.1,
        "trend": 637.076666,
        "fair_value": 525.727883,
        "relative_strength": 9.351827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.336948,
        "energy": 57.841366,
        "activity_lines": [
          713.339998,
          710.123633,
          691.41095,
          668.967525
        ]
      },
      {
        "date": "2024-04-19",
        "close": 671.900024,
        "volume": 8977,
        "typical_volume": 9274.65,
        "trend": 640.993333,
        "fair_value": 527.114422,
        "relative_strength": 2.941585,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.395016,
        "energy": 34.431933,
        "activity_lines": [
          700.100008,
          703.725456,
          691.547619,
          671.214193
        ]
      },
      {
        "date": "2024-04-26",
        "close": 694.599976,
        "volume": 8294,
        "typical_volume": 9552.25,
        "trend": 645.596665,
        "fair_value": 528.682371,
        "relative_strength": 3.532802,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.890959,
        "energy": 25.767733,
        "activity_lines": [
          696.139998,
          701.992725,
          693.535236,
          674.672686
        ]
      },
      {
        "date": "2024-05-03",
        "close": 696.900024,
        "volume": 6845,
        "typical_volume": 9152.8,
        "trend": 650.033333,
        "fair_value": 530.315384,
        "relative_strength": 4.380483,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.865616,
        "energy": 21.048726,
        "activity_lines": [
          694.740006,
          700.690911,
          695.372858,
          677.982581
        ]
      },
      {
        "date": "2024-05-10",
        "close": 705.400024,
        "volume": 8366,
        "typical_volume": 9012.1,
        "trend": 654.380001,
        "fair_value": 532.093268,
        "relative_strength": 0.999159,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.304846,
        "energy": 22.345121,
        "activity_lines": [
          697.400012,
          700.958189,
          697.70286,
          681.554625
        ]
      },
      {
        "date": "2024-05-17",
        "close": 720.599976,
        "volume": 3689,
        "typical_volume": 9086.8,
        "trend": 660.073334,
        "fair_value": 533.945832,
        "relative_strength": 3.218512,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.775082,
        "energy": 37.697687,
        "activity_lines": [
          705.093335,
          704.063639,
          701.089048,
          685.826882
        ]
      },
      {
        "date": "2024-05-24",
        "close": 741.099976,
        "volume": 3224,
        "typical_volume": 8638.95,
        "trend": 666.679999,
        "fair_value": 535.879807,
        "relative_strength": 5.932263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.479374,
        "energy": 56.281657,
        "activity_lines": [
          719.499992,
          710.672725,
          705.971903,
          691.054407
        ]
      },
      {
        "date": "2024-05-31",
        "close": 719.200012,
        "volume": 5825,
        "typical_volume": 7994.45,
        "trend": 671.673332,
        "fair_value": 537.657691,
        "relative_strength": 3.672031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.320349,
        "energy": 54.393699,
        "activity_lines": [
          721.993331,
          712.509091,
          708.119047,
          694.442795
        ]
      },
      {
        "date": "2024-06-07",
        "close": 757.599976,
        "volume": 9046,
        "typical_volume": 8125.8,
        "trend": 677.206665,
        "fair_value": 539.619871,
        "relative_strength": 8.522035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.898985,
        "energy": 75.440642,
        "activity_lines": [
          735.646655,
          721.369086,
          713.493807,
          699.986449
        ]
      },
      {
        "date": "2024-06-14",
        "close": 807.599976,
        "volume": 11609,
        "typical_volume": 8283.65,
        "trend": 684.153331,
        "fair_value": 541.824037,
        "relative_strength": 18.652326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.493403,
        "energy": 89.801489,
        "activity_lines": [
          761.919983,
          738.5509,
          723.124281,
          708.398921
        ]
      },
      {
        "date": "2024-06-21",
        "close": 809.099976,
        "volume": 14671,
        "typical_volume": 8413.3,
        "trend": 691.109996,
        "fair_value": 543.986537,
        "relative_strength": 17.256467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.104464,
        "energy": 92.355875,
        "activity_lines": [
          781.879981,
          754.138169,
          732.259041,
          716.459995
        ]
      },
      {
        "date": "2024-06-28",
        "close": 811.299988,
        "volume": 8485,
        "typical_volume": 8511.15,
        "trend": 697.933329,
        "fair_value": 546.078845,
        "relative_strength": 16.571324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.556021,
        "energy": 91.180493,
        "activity_lines": [
          796.673316,
          768.483623,
          740.978564,
          724.214188
        ]
      },
      {
        "date": "2024-07-05",
        "close": 823.400024,
        "volume": 12633,
        "typical_volume": 8598.95,
        "trend": 704.809998,
        "fair_value": 548.212499,
        "relative_strength": 16.280756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.164258,
        "energy": 90.745854,
        "activity_lines": [
          810.819995,
          782.494538,
          750.327614,
          732.308813
        ]
      },
      {
        "date": "2024-07-12",
        "close": 826.599976,
        "volume": 6953,
        "typical_volume": 8287.05,
        "trend": 711.353331,
        "fair_value": 550.362819,
        "relative_strength": 14.534739,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.73564,
        "energy": 87.667058,
        "activity_lines": [
          819.086658,
          794.745444,
          759.371422,
          740.166231
        ]
      },
      {
        "date": "2024-07-19",
        "close": 782.700012,
        "volume": 11074,
        "typical_volume": 8467.65,
        "trend": 716.669997,
        "fair_value": 552.144229,
        "relative_strength": 11.460823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.206513,
        "energy": 61.736233,
        "activity_lines": [
          808.119999,
          796.656357,
          763.622852,
          744.769243
        ]
      },
      {
        "date": "2024-07-26",
        "close": 762.400024,
        "volume": 13917,
        "typical_volume": 8868.9,
        "trend": 721.253331,
        "fair_value": 553.848396,
        "relative_strength": 6.794961,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.287811,
        "energy": 43.688131,
        "activity_lines": [
          792.046675,
          793.470908,
          765.592378,
          747.719567
        ]
      },
      {
        "date": "2024-08-02",
        "close": 726.599976,
        "volume": 15168,
        "typical_volume": 9287.9,
        "trend": 725.319997,
        "fair_value": 555.254165,
        "relative_strength": 5.830193,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 23.368731,
        "energy": 19.318508,
        "activity_lines": [
          767.153333,
          783.01636,
          763.894757,
          748.064512
        ]
      },
      {
        "date": "2024-08-09",
        "close": 725.099976,
        "volume": 28678,
        "typical_volume": 10330.95,
        "trend": 728.52333,
        "fair_value": 556.659935,
        "relative_strength": 4.899323,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.318182,
        "energy": 22.603436,
        "activity_lines": [
          747.406657,
          772.55272,
          761.916184,
          748.050317
        ]
      },
      {
        "date": "2024-08-16",
        "close": 773.599976,
        "volume": 13781,
        "typical_volume": 10736.85,
        "trend": 732.599996,
        "fair_value": 558.346473,
        "relative_strength": 7.849307,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.901761,
        "energy": 24.599374,
        "activity_lines": [
          750.379985,
          770.79999,
          764.539515,
          750.958488
        ]
      },
      {
        "date": "2024-08-23",
        "close": 771.700012,
        "volume": 10854,
        "typical_volume": 10715.9,
        "trend": 735.87333,
        "fair_value": 559.983011,
        "relative_strength": 5.486197,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.43942,
        "energy": 21.013076,
        "activity_lines": [
          756.253325,
          768.410903,
          766.704279,
          753.48107
        ]
      },
      {
        "date": "2024-08-30",
        "close": 766.900024,
        "volume": 11713,
        "typical_volume": 10690.1,
        "trend": 738.839996,
        "fair_value": 561.559294,
        "relative_strength": 3.124639,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.758967,
        "energy": 10.90603,
        "activity_lines": [
          761.260002,
          765.801818,
          768.093806,
          755.482792
        ]
      },
      {
        "date": "2024-09-06",
        "close": 713.799988,
        "volume": 17237,
        "typical_volume": 11103.1,
        "trend": 739.249996,
        "fair_value": 562.815063,
        "relative_strength": -0.954023,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.167331,
        "energy": 6.284865,
        "activity_lines": [
          748.266667,
          754.305452,
          764.197138,
          753.867308
        ]
      },
      {
        "date": "2024-09-13",
        "close": 765.200012,
        "volume": 9650,
        "typical_volume": 11170.9,
        "trend": 741.579997,
        "fair_value": 564.416986,
        "relative_strength": 3.650768,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.96012,
        "energy": 9.518732,
        "activity_lines": [
          753.260006,
          753.927273,
          764.996187,
          755.541502
        ]
      },
      {
        "date": "2024-09-20",
        "close": 768.099976,
        "volume": 12193,
        "typical_volume": 11438.3,
        "trend": 743.909996,
        "fair_value": 566.022755,
        "relative_strength": 3.656642,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.135097,
        "energy": 14.119443,
        "activity_lines": [
          756.546663,
          755.134542,
          765.735233,
          757.252469
        ]
      },
      {
        "date": "2024-09-27",
        "close": 777.299988,
        "volume": 13698,
        "typical_volume": 11704.9,
        "trend": 746.169995,
        "fair_value": 567.809934,
        "relative_strength": 0.655423,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.694383,
        "energy": 14.441281,
        "activity_lines": [
          763.266659,
          759.078176,
          767.011423,
          759.406662
        ]
      },
      {
        "date": "2024-10-04",
        "close": 785.799988,
        "volume": 18982,
        "typical_volume": 12469.55,
        "trend": 748.753329,
        "fair_value": 569.601601,
        "relative_strength": 3.428617,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 43.550707,
        "energy": 25.400765,
        "activity_lines": [
          772.446655,
          764.665448,
          768.754756,
          761.963435
        ]
      },
      {
        "date": "2024-10-11",
        "close": 811.700012,
        "volume": 10133,
        "typical_volume": 12815.0,
        "trend": 752.556663,
        "fair_value": 571.484293,
        "relative_strength": 5.23751,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.995162,
        "energy": 49.157371,
        "activity_lines": [
          788.999996,
          774.53636,
          772.654282,
          766.024512
        ]
      },
      {
        "date": "2024-10-18",
        "close": 821.900024,
        "volume": 11369,
        "typical_volume": 13092.2,
        "trend": 755.903331,
        "fair_value": 573.386217,
        "relative_strength": 4.787108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.992732,
        "energy": 63.089548,
        "activity_lines": [
          802.426672,
          784.714547,
          777.189046,
          770.498277
        ]
      },
      {
        "date": "2024-10-25",
        "close": 831.299988,
        "volume": 10501,
        "typical_volume": 13164.95,
        "trend": 759.769997,
        "fair_value": 575.289422,
        "relative_strength": 6.745076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.484031,
        "energy": 71.839872,
        "activity_lines": [
          815.206669,
          794.841818,
          782.129998,
          775.362577
        ]
      },
      {
        "date": "2024-11-01",
        "close": 802.200012,
        "volume": 12404,
        "typical_volume": 13204.7,
        "trend": 763.01333,
        "fair_value": 576.870832,
        "relative_strength": 3.915958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.21296,
        "energy": 66.333049,
        "activity_lines": [
          814.07334,
          798.629093,
          783.948571,
          778.099998
        ]
      },
      {
        "date": "2024-11-08",
        "close": 849.799988,
        "volume": 8831,
        "typical_volume": 12912.7,
        "trend": 767.379997,
        "fair_value": 578.71955,
        "relative_strength": 10.023692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.089694,
        "energy": 74.055656,
        "activity_lines": [
          827.146667,
          810.516363,
          790.326189,
          783.699137
        ]
      },
      {
        "date": "2024-11-15",
        "close": 841.599976,
        "volume": 8221,
        "typical_volume": 12899.5,
        "trend": 773.036662,
        "fair_value": 580.392626,
        "relative_strength": 8.667824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.627097,
        "energy": 71.410293,
        "activity_lines": [
          833.219991,
          819.40545,
          795.729044,
          788.487523
        ]
      },
      {
        "date": "2024-11-22",
        "close": 863.400024,
        "volume": 13013,
        "typical_volume": 12918.5,
        "trend": 778.66333,
        "fair_value": 582.352242,
        "relative_strength": 10.456923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.108258,
        "energy": 71.400146,
        "activity_lines": [
          844.566667,
          829.934546,
          803.063808,
          794.317417
        ]
      },
      {
        "date": "2024-11-29",
        "close": 858.099976,
        "volume": 6519,
        "typical_volume": 12896.8,
        "trend": 784.036662,
        "fair_value": 584.327242,
        "relative_strength": 7.734677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.275968,
        "energy": 72.533789,
        "activity_lines": [
          851.379993,
          837.714542,
          809.70333,
          799.442362
        ]
      },
      {
        "date": "2024-12-06",
        "close": 887.200012,
        "volume": 16160,
        "typical_volume": 13151.1,
        "trend": 790.096661,
        "fair_value": 586.33878,
        "relative_strength": 6.905865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.888203,
        "energy": 81.472049,
        "activity_lines": [
          866.106665,
          849.14909,
          818.964284,
          806.098062
        ]
      },
      {
        "date": "2024-12-13",
        "close": 885.400024,
        "volume": 12547,
        "typical_volume": 13082.6,
        "trend": 795.589996,
        "fair_value": 588.418267,
        "relative_strength": 6.288221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.116517,
        "energy": 83.944359,
        "activity_lines": [
          874.566675,
          858.258185,
          827.556191,
          812.246666
        ]
      },
      {
        "date": "2024-12-20",
        "close": 888.700012,
        "volume": 17316,
        "typical_volume": 13190.0,
        "trend": 800.509998,
        "fair_value": 590.415062,
        "relative_strength": 9.100755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.742527,
        "energy": 80.673147,
        "activity_lines": [
          881.753345,
          866.156369,
          835.876669,
          818.253764
        ]
      },
      {
        "date": "2024-12-27",
        "close": 890.400024,
        "volume": 6302,
        "typical_volume": 12071.2,
        "trend": 806.216665,
        "fair_value": 592.377242,
        "relative_strength": 8.395847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.726161,
        "energy": 79.98371,
        "activity_lines": [
          886.366683,
          872.963645,
          843.587147,
          824.05312
        ]
      },
      {
        "date": "2025-01-03",
        "close": 894.099976,
        "volume": 15768,
        "typical_volume": 12170.55,
        "trend": 810.766665,
        "fair_value": 594.595191,
        "relative_strength": 8.842188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.073022,
        "energy": 71.762428,
        "activity_lines": [
          890.413338,
          879.198186,
          850.862859,
          829.723011
        ]
      },
      {
        "date": "2025-01-10",
        "close": 873.900024,
        "volume": 23040,
        "typical_volume": 12779.85,
        "trend": 812.976666,
        "fair_value": 596.749037,
        "relative_strength": 4.487025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.714892,
        "energy": 54.055584,
        "activity_lines": [
          885.326676,
          880.618189,
          855.640957,
          833.796131
        ]
      },
      {
        "date": "2025-01-17",
        "close": 889.400024,
        "volume": 20612,
        "typical_volume": 13224.8,
        "trend": 815.653335,
        "fair_value": 599.123396,
        "relative_strength": 2.684141,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.644933,
        "energy": 50.744618,
        "activity_lines": [
          886.293347,
          883.552739,
          861.408578,
          838.72667
        ]
      },
      {
        "date": "2025-01-24",
        "close": 893.799988,
        "volume": 12629,
        "typical_volume": 12994.4,
        "trend": 818.403335,
        "fair_value": 601.570191,
        "relative_strength": 0.724644,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.942663,
        "energy": 47.901676,
        "activity_lines": [
          888.460006,
          886.567281,
          867.01191,
          843.76839
        ]
      },
      {
        "date": "2025-01-31",
        "close": 878.400024,
        "volume": 19591,
        "typical_volume": 13491.45,
        "trend": 820.236668,
        "fair_value": 603.915063,
        "relative_strength": -2.562226,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.170434,
        "energy": 34.971347,
        "activity_lines": [
          885.153345,
          885.832738,
          870.291435,
          847.639144
        ]
      },
      {
        "date": "2025-02-07",
        "close": 875.599976,
        "volume": 17525,
        "typical_volume": 13758.05,
        "trend": 821.870001,
        "fair_value": 606.230447,
        "relative_strength": -3.061401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.590272,
        "energy": 32.844149,
        "activity_lines": [
          881.713334,
          884.316368,
          872.765242,
          851.210971
        ]
      },
      {
        "date": "2025-02-14",
        "close": 888.700012,
        "volume": 8594,
        "typical_volume": 13502.85,
        "trend": 825.403335,
        "fair_value": 608.743268,
        "relative_strength": -4.735104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.510117,
        "energy": 31.75978,
        "activity_lines": [
          883.873336,
          884.863642,
          875.974767,
          855.522584
        ]
      },
      {
        "date": "2025-02-21",
        "close": 894.400024,
        "volume": 8972,
        "typical_volume": 13002.35,
        "trend": 829.803335,
        "fair_value": 611.245832,
        "relative_strength": -3.154654,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.591342,
        "energy": 35.723764,
        "activity_lines": [
          886.946675,
          886.420008,
          879.196674,
          859.973983
        ]
      },
      {
        "date": "2025-02-28",
        "close": 834.700012,
        "volume": 20201,
        "typical_volume": 13505.75,
        "trend": 833.406669,
        "fair_value": 613.394871,
        "relative_strength": -10.552263,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.077679,
        "energy": 11.063535,
        "activity_lines": [
          869.786678,
          876.958191,
          876.215722,
          860.289898
        ]
      },
      {
        "date": "2025-03-07",
        "close": 769.200012,
        "volume": 24653,
        "typical_volume": 14169.95,
        "trend": 834.87667,
        "fair_value": 615.204807,
        "relative_strength": -18.972015,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -40.953037,
        "energy": 36.270722,
        "activity_lines": [
          834.733345,
          856.569101,
          866.887151,
          856.147533
        ]
      },
      {
        "date": "2025-03-14",
        "close": 763.0,
        "volume": 25774,
        "typical_volume": 14933.6,
        "trend": 834.523338,
        "fair_value": 616.803525,
        "relative_strength": -19.333489,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.263043,
        "energy": 63.553311,
        "activity_lines": [
          804.893343,
          837.256372,
          857.219055,
          851.510329
        ]
      },
      {
        "date": "2025-03-21",
        "close": 765.799988,
        "volume": 13919,
        "typical_volume": 15009.35,
        "trend": 834.32667,
        "fair_value": 618.326601,
        "relative_strength": -18.46561,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.201022,
        "energy": 71.753292,
        "activity_lines": [
          783.493335,
          820.836368,
          848.142863,
          847.076564
        ]
      },
      {
        "date": "2025-03-28",
        "close": 742.799988,
        "volume": 15771,
        "typical_volume": 15356.35,
        "trend": 833.523336,
        "fair_value": 619.704807,
        "relative_strength": -19.187326,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.007324,
        "energy": 79.685237,
        "activity_lines": [
          762.619995,
          802.200001,
          837.049528,
          841.171617
        ]
      },
      {
        "date": "2025-04-04",
        "close": 658.799988,
        "volume": 43661,
        "typical_volume": 17128.35,
        "trend": 831.690002,
        "fair_value": 620.609935,
        "relative_strength": -21.754677,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -93.775221,
        "energy": 96.486917,
        "activity_lines": [
          723.853325,
          770.956362,
          818.465717,
          829.899143
        ]
      },
      {
        "date": "2025-04-11",
        "close": 672.200012,
        "volume": 49328,
        "typical_volume": 18944.1,
        "trend": 828.590002,
        "fair_value": 621.664422,
        "relative_strength": -18.842981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.928528,
        "energy": 91.383404,
        "activity_lines": [
          701.279997,
          746.421818,
          802.028575,
          819.609466
        ]
      },
      {
        "date": "2025-04-18",
        "close": 661.799988,
        "volume": 16105,
        "typical_volume": 19423.4,
        "trend": 825.046669,
        "fair_value": 622.728204,
        "relative_strength": -22.98953,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.051951,
        "energy": 88.701916,
        "activity_lines": [
          681.706661,
          723.745452,
          785.51143,
          808.84882
        ]
      },
      {
        "date": "2025-04-25",
        "close": 706.299988,
        "volume": 12327,
        "typical_volume": 19231.75,
        "trend": 822.680003,
        "fair_value": 624.027563,
        "relative_strength": -21.399459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.12951,
        "energy": 69.645534,
        "activity_lines": [
          683.713326,
          713.047268,
          774.167143,
          801.187744
        ]
      },
      {
        "date": "2025-05-02",
        "close": 745.0,
        "volume": 11007,
        "typical_volume": 19154.75,
        "trend": 821.320003,
        "fair_value": 625.695832,
        "relative_strength": -19.878626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.393161,
        "energy": 56.035376,
        "activity_lines": [
          702.586662,
          712.701813,
          767.37,
          796.176131
        ]
      },
      {
        "date": "2025-05-09",
        "close": 752.0,
        "volume": 9451,
        "typical_volume": 18761.5,
        "trend": 819.330003,
        "fair_value": 627.481089,
        "relative_strength": -20.333984,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.281423,
        "energy": 39.718176,
        "activity_lines": [
          723.646663,
          716.34545,
          761.908095,
          791.703872
        ]
      },
      {
        "date": "2025-05-16",
        "close": 816.700012,
        "volume": 12974,
        "typical_volume": 19095.1,
        "trend": 819.156669,
        "fair_value": 629.838781,
        "relative_strength": -14.284881,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.42245,
        "energy": 23.642595,
        "activity_lines": [
          760.060002,
          733.256362,
          763.259048,
          791.534196
        ]
      },
      {
        "date": "2025-05-23",
        "close": 780.700012,
        "volume": 8587,
        "typical_volume": 18736.05,
        "trend": 817.470003,
        "fair_value": 631.797114,
        "relative_strength": -17.323192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.36642,
        "energy": 27.661012,
        "activity_lines": [
          774.840006,
          742.758183,
          761.532382,
          789.053121
        ]
      },
      {
        "date": "2025-05-30",
        "close": 793.0,
        "volume": 4454,
        "typical_volume": 17806.75,
        "trend": 817.163336,
        "fair_value": 633.849358,
        "relative_strength": -17.075238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.012739,
        "energy": 24.489711,
        "activity_lines": [
          785.793339,
          754.174547,
          761.517144,
          787.474411
        ]
      },
      {
        "date": "2025-06-06",
        "close": 816.400024,
        "volume": 9812,
        "typical_volume": 17266.75,
        "trend": 816.050004,
        "fair_value": 636.18814,
        "relative_strength": -15.411255,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.015029,
        "energy": 22.534533,
        "activity_lines": [
          798.766679,
          769.350915,
          764.115717,
          787.425165
        ]
      },
      {
        "date": "2025-06-13",
        "close": 806.200012,
        "volume": 4656,
        "typical_volume": 16868.1,
        "trend": 814.870005,
        "fair_value": 638.609614,
        "relative_strength": -13.223663,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.324806,
        "energy": 18.562565,
        "activity_lines": [
          803.580013,
          781.334554,
          766.09048,
          786.789682
        ]
      },
      {
        "date": "2025-06-20",
        "close": 811.099976,
        "volume": 3165,
        "typical_volume": 16046.8,
        "trend": 813.12667,
        "fair_value": 640.912178,
        "relative_strength": -11.654955,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.373382,
        "energy": 19.331244,
        "activity_lines": [
          806.413334,
          791.529094,
          768.949049,
          786.546454
        ]
      },
      {
        "date": "2025-06-27",
        "close": 838.799988,
        "volume": 4298,
        "typical_volume": 15385.45,
        "trend": 812.483337,
        "fair_value": 643.481089,
        "relative_strength": -10.814772,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.616671,
        "energy": 43.438478,
        "activity_lines": [
          818.853329,
          804.234546,
          774.766191,
          788.202797
        ]
      },
      {
        "date": "2025-07-04",
        "close": 842.599976,
        "volume": 4897,
        "typical_volume": 15200.6,
        "trend": 810.996669,
        "fair_value": 645.858332,
        "relative_strength": -9.07649,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.349001,
        "energy": 50.093349,
        "activity_lines": [
          828.686654,
          814.412723,
          781.120474,
          790.145806
        ]
      },
      {
        "date": "2025-07-11",
        "close": 856.0,
        "volume": 5301,
        "typical_volume": 15017.05,
        "trend": 810.016669,
        "fair_value": 648.331089,
        "relative_strength": -9.017085,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.401094,
        "energy": 61.512878,
        "activity_lines": [
          839.679989,
          824.549087,
          788.970474,
          793.049247
        ]
      },
      {
        "date": "2025-07-18",
        "close": 873.0,
        "volume": 6288,
        "typical_volume": 14321.4,
        "trend": 809.493335,
        "fair_value": 650.811217,
        "relative_strength": -7.012101,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.336023,
        "energy": 71.843394,
        "activity_lines": [
          853.699992,
          835.758178,
          798.622379,
          797.112687
        ]
      },
      {
        "date": "2025-07-25",
        "close": 870.799988,
        "volume": 5553,
        "typical_volume": 13366.4,
        "trend": 808.84,
        "fair_value": 653.16955,
        "relative_strength": -6.71826,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.724472,
        "energy": 73.8073,
        "activity_lines": [
          862.533325,
          844.367266,
          807.882378,
          801.067955
        ]
      },
      {
        "date": "2025-08-01",
        "close": 871.200012,
        "volume": 12541,
        "typical_volume": 12704.75,
        "trend": 808.076668,
        "fair_value": 655.441345,
        "relative_strength": -3.331539,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.028191,
        "energy": 71.320669,
        "activity_lines": [
          867.519999,
          852.065451,
          816.696665,
          805.091182
        ]
      },
      {
        "date": "2025-08-08",
        "close": 893.5,
        "volume": 6336,
        "typical_volume": 12325.6,
        "trend": 808.730001,
        "fair_value": 657.793909,
        "relative_strength": -3.691226,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 78.71201,
        "energy": 84.642148,
        "activity_lines": [
          877.780001,
          862.172724,
          827.119522,
          810.602365
        ]
      },
      {
        "date": "2025-08-15",
        "close": 891.700012,
        "volume": 6396,
        "typical_volume": 11856.85,
        "trend": 808.806667,
        "fair_value": 660.118268,
        "relative_strength": -4.391443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.299985,
        "energy": 85.894235,
        "activity_lines": [
          884.046671,
          870.125454,
          836.762857,
          815.955269
        ]
      },
      {
        "date": "2025-08-22",
        "close": 883.0,
        "volume": 6423,
        "typical_volume": 9994.95,
        "trend": 808.446667,
        "fair_value": 662.498396,
        "relative_strength": -5.092431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.263131,
        "energy": 77.257826,
        "activity_lines": [
          885.033337,
          875.127273,
          844.868571,
          820.741935
        ]
      },
      {
        "date": "2025-08-29",
        "close": 880.299988,
        "volume": 6518,
        "typical_volume": 7854.45,
        "trend": 808.51,
        "fair_value": 665.011858,
        "relative_strength": -3.376617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.618982,
        "energy": 74.625793,
        "activity_lines": [
          884.453333,
          878.241817,
          851.649522,
          825.377633
        ]
      },
      {
        "date": "2025-09-05",
        "close": 877.200012,
        "volume": 10140,
        "typical_volume": 7556.2,
        "trend": 808.563334,
        "fair_value": 667.479486,
        "relative_strength": -2.381449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.603018,
        "energy": 56.741413,
        "activity_lines": [
          882.206669,
          879.534547,
          857.144286,
          829.809247
        ]
      },
      {
        "date": "2025-09-12",
        "close": 908.099976,
        "volume": 10779,
        "typical_volume": 7478.8,
        "trend": 809.21,
        "fair_value": 670.355447,
        "relative_strength": 0.758184,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.480227,
        "energy": 61.280835,
        "activity_lines": [
          889.859994,
          885.74727,
          864.556188,
          836.230966
        ]
      },
      {
        "date": "2025-09-19",
        "close": 922.200012,
        "volume": 9916,
        "typical_volume": 7424.25,
        "trend": 810.136666,
        "fair_value": 673.329166,
        "relative_strength": 2.681783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.588646,
        "energy": 64.354212,
        "activity_lines": [
          901.239998,
          893.332727,
          872.349999,
          843.520644
        ]
      },
      {
        "date": "2025-09-26",
        "close": 929.5,
        "volume": 5911,
        "typical_volume": 7247.25,
        "trend": 813.296665,
        "fair_value": 676.408973,
        "relative_strength": 3.098101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.305166,
        "energy": 71.389441,
        "activity_lines": [
          913.019999,
          901.041818,
          879.995237,
          851.221504
        ]
      },
      {
        "date": "2025-10-03",
        "close": 961.0,
        "volume": 9192,
        "typical_volume": 7058.15,
        "trend": 819.689998,
        "fair_value": 679.679166,
        "relative_strength": 3.884862,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.017884,
        "energy": 90.700231,
        "activity_lines": [
          932.2,
          913.450909,
          889.795237,
          860.750752
        ]
      },
      {
        "date": "2025-10-10",
        "close": 952.799988,
        "volume": 7315,
        "typical_volume": 6994.55,
        "trend": 826.016665,
        "fair_value": 682.986858,
        "relative_strength": 3.718227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.551556,
        "energy": 86.794158,
        "activity_lines": [
          943.266663,
          922.729088,
          898.127141,
          869.338493
        ]
      },
      {
        "date": "2025-10-17",
        "close": 941.700012,
        "volume": 15911,
        "typical_volume": 7567.4,
        "trend": 831.879999,
        "fair_value": 686.14423,
        "relative_strength": 4.397194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.17469,
        "energy": 77.562061,
        "activity_lines": [
          945.593335,
          928.505454,
          904.58238,
          876.801935
        ]
      },
      {
        "date": "2025-10-24",
        "close": 969.200012,
        "volume": 6829,
        "typical_volume": 7418.25,
        "trend": 839.426666,
        "fair_value": 689.365704,
        "relative_strength": 5.779907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.423648,
        "energy": 72.253754,
        "activity_lines": [
          954.846671,
          938.405457,
          912.948572,
          885.66129
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1021.799988,
        "volume": 8026,
        "typical_volume": 7586.75,
        "trend": 851.526666,
        "fair_value": 693.130768,
        "relative_strength": 12.774848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.300832,
        "energy": 78.857792,
        "activity_lines": [
          978.5,
          956.46,
          925.596666,
          897.427311
        ]
      },
      {
        "date": "2025-11-07",
        "close": 954.700012,
        "volume": 13193,
        "typical_volume": 8088.15,
        "trend": 860.943333,
        "fair_value": 696.285897,
        "relative_strength": 7.30815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.730278,
        "energy": 61.671792,
        "activity_lines": [
          973.633337,
          959.790911,
          930.82762,
          904.083656
        ]
      },
      {
        "date": "2025-11-14",
        "close": 975.299988,
        "volume": 9601,
        "typical_volume": 8353.3,
        "trend": 871.393333,
        "fair_value": 699.571473,
        "relative_strength": 8.379448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.602216,
        "energy": 57.447928,
        "activity_lines": [
          976.053333,
          965.514545,
          937.336666,
          911.461505
        ]
      },
      {
        "date": "2025-11-21",
        "close": 932.5,
        "volume": 12857,
        "typical_volume": 8751.3,
        "trend": 878.933333,
        "fair_value": 702.564102,
        "relative_strength": 7.38021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.088772,
        "energy": 45.131265,
        "activity_lines": [
          962.706665,
          961.672727,
          939.119524,
          915.40387
        ]
      },
      {
        "date": "2025-11-28",
        "close": 964.299988,
        "volume": 5992,
        "typical_volume": 8785.85,
        "trend": 886.243333,
        "fair_value": 705.767948,
        "relative_strength": 7.751948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.604746,
        "energy": 30.243991,
        "activity_lines": [
          960.573328,
          963.169089,
          943.502856,
          920.911397
        ]
      },
      {
        "date": "2025-12-05",
        "close": 976.5,
        "volume": 7289,
        "typical_volume": 8835.9,
        "trend": 893.726666,
        "fair_value": 709.110896,
        "relative_strength": 8.406334,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.776516,
        "energy": 32.332992,
        "activity_lines": [
          962.833329,
          966.11818,
          948.53238,
          926.734407
        ]
      },
      {
        "date": "2025-12-12",
        "close": 949.299988,
        "volume": 4923,
        "typical_volume": 8804.4,
        "trend": 898.146665,
        "fair_value": 712.406409,
        "relative_strength": 4.919581,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.701678,
        "energy": 22.79895,
        "activity_lines": [
          959.046659,
          963.267269,
          950.478569,
          930.319783
        ]
      },
      {
        "date": "2025-12-19",
        "close": 949.900024,
        "volume": 5379,
        "typical_volume": 8446.3,
        "trend": 903.786666,
        "fair_value": 715.783653,
        "relative_strength": 4.846328,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.849095,
        "energy": 23.108343,
        "activity_lines": [
          955.820003,
          960.738182,
          952.108095,
          933.658709
        ]
      },
      {
        "date": "2025-12-26",
        "close": 958.0,
        "volume": 1514,
        "typical_volume": 8205.2,
        "trend": 909.286666,
        "fair_value": 719.239743,
        "relative_strength": 5.799357,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.701919,
        "energy": 21.285703,
        "activity_lines": [
          956.98667,
          959.734546,
          954.134286,
          937.156344
        ]
      },
      {
        "date": "2026-01-02",
        "close": 957.0,
        "volume": 5663,
        "typical_volume": 8168.55,
        "trend": 913.973332,
        "fair_value": 722.662178,
        "relative_strength": 5.152287,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.232878,
        "energy": 17.077357,
        "activity_lines": [
          956.120003,
          958.252728,
          955.758095,
          940.234623
        ]
      },
      {
        "date": "2026-01-09",
        "close": 964.799988,
        "volume": 5065,
        "typical_volume": 8100.65,
        "trend": 919.259998,
        "fair_value": 726.052563,
        "relative_strength": 3.247963,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.413425,
        "energy": 19.638243,
        "activity_lines": [
          958.339998,
          958.410908,
          957.813808,
          943.513762
        ]
      },
      {
        "date": "2026-01-16",
        "close": 968.900024,
        "volume": 8096,
        "typical_volume": 8179.55,
        "trend": 924.519999,
        "fair_value": 729.467627,
        "relative_strength": 3.770398,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.84944,
        "energy": 26.041791,
        "activity_lines": [
          962.706673,
          960.350912,
          959.870478,
          946.716345
        ]
      },
      {
        "date": "2026-01-23",
        "close": 946.299988,
        "volume": 6054,
        "typical_volume": 7975.25,
        "trend": 928.103333,
        "fair_value": 732.594871,
        "relative_strength": 3.166225,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.622494,
        "energy": 16.204281,
        "activity_lines": [
          958.233333,
          957.923637,
          959.352857,
          948.121505
        ]
      },
      {
        "date": "2026-01-30",
        "close": 937.5,
        "volume": 6435,
        "typical_volume": 7758.05,
        "trend": 931.266667,
        "fair_value": 735.497114,
        "relative_strength": 3.834256,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.902284,
        "energy": 6.192221,
        "activity_lines": [
          951.066667,
          954.423637,
          957.668095,
          948.727742
        ]
      },
      {
        "date": "2026-02-06",
        "close": 918.099976,
        "volume": 12408,
        "typical_volume": 7882.65,
        "trend": 933.336666,
        "fair_value": 738.331409,
        "relative_strength": 1.095518,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -2.933141,
        "energy": 12.457366,
        "activity_lines": [
          938.799992,
          947.305451,
          953.995712,
          947.878278
        ]
      },
      {
        "date": "2026-02-13",
        "close": 904.799988,
        "volume": 8705,
        "typical_volume": 8022.35,
        "trend": 934.396665,
        "fair_value": 741.092947,
        "relative_strength": -0.978721,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -29.114884,
        "energy": 40.182206,
        "activity_lines": [
          924.693323,
          938.609085,
          949.076187,
          946.037202
        ]
      },
      {
        "date": "2026-02-20",
        "close": 924.200012,
        "volume": 11900,
        "typical_volume": 8157.75,
        "trend": 936.176666,
        "fair_value": 744.023717,
        "relative_strength": -0.054501,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.773579,
        "energy": 44.329984,
        "activity_lines": [
          921.053329,
          934.743634,
          946.121903,
          945.379353
        ]
      },
      {
        "date": "2026-02-27",
        "close": 908.5,
        "volume": 6193,
        "typical_volume": 8101.65,
        "trend": 937.419999,
        "fair_value": 746.804806,
        "relative_strength": -1.78812,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.665676,
        "energy": 54.310654,
        "activity_lines": [
          915.159998,
          928.479997,
          941.847617,
          943.593762
        ]
      },
      {
        "date": "2026-03-06",
        "close": 930.799988,
        "volume": 11182,
        "typical_volume": 7865.2,
        "trend": 938.663332,
        "fair_value": 749.759294,
        "relative_strength": 7.50423,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.529313,
        "energy": 39.139659,
        "activity_lines": [
          919.219995,
          927.023632,
          939.908092,
          943.166665
        ]
      },
      {
        "date": "2026-03-13",
        "close": 920.0,
        "volume": 4725,
        "typical_volume": 7760.0,
        "trend": 939.606665,
        "fair_value": 752.55064,
        "relative_strength": 6.570759,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.173555,
        "energy": 22.425589,
        "activity_lines": [
          920.126664,
          924.098178,
          936.991902,
          941.962579
        ]
      },
      {
        "date": "2026-03-20",
        "close": 896.5,
        "volume": 3816,
        "typical_volume": 7549.5,
        "trend": 940.056665,
        "fair_value": 755.186858,
        "relative_strength": 8.426089,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.068011,
        "energy": 39.350262,
        "activity_lines": [
          913.073332,
          917.572724,
          932.071902,
          939.181503
        ]
      },
      {
        "date": "2026-03-27",
        "close": 869.099976,
        "volume": 9637,
        "typical_volume": 7371.7,
        "trend": 939.683331,
        "fair_value": 757.563781,
        "relative_strength": 5.163583,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.193273,
        "energy": 53.144542,
        "activity_lines": [
          897.43999,
          907.307266,
          925.139043,
          934.603653
        ]
      },
      {
        "date": "2026-04-03",
        "close": 896.400024,
        "volume": 5677,
        "typical_volume": 7175.5,
        "trend": 940.323332,
        "fair_value": 760.174999,
        "relative_strength": 4.040556,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.075493,
        "energy": 53.000333,
        "activity_lines": [
          894.580001,
          903.819998,
          921.213808,
          931.811181
        ]
      },
      {
        "date": "2026-04-10",
        "close": 932.099976,
        "volume": 4406,
        "typical_volume": 6752.95,
        "trend": 941.123332,
        "fair_value": 763.013781,
        "relative_strength": 4.959586,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.048487,
        "energy": 34.909755,
        "activity_lines": [
          904.42666,
          907.730904,
          921.064282,
          931.280642
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1000.799988,
        "volume": 8046,
        "typical_volume": 6855.65,
        "trend": 943.743331,
        "fair_value": 766.302883,
        "relative_strength": 8.078974,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -2.177905,
        "energy": 7.041259,
        "activity_lines": [
          937.086658,
          924.230903,
          927.459519,
          935.130749
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1031.199951,
        "volume": 4281,
        "typical_volume": 6705.25,
        "trend": 947.133329,
        "fair_value": 769.771793,
        "relative_strength": 13.368966,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 40.859794,
        "energy": 39.804309,
        "activity_lines": [
          974.493311,
          944.754531,
          936.576181,
          940.773112
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1015.799988,
        "volume": 3325,
        "typical_volume": 6625.35,
        "trend": 948.959996,
        "fair_value": 773.103844,
        "relative_strength": 10.387183,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 35.285878,
        "energy": 56.445194,
        "activity_lines": [
          997.786646,
          960.179985,
          943.965704,
          945.203219
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1094.199951,
        "volume": 6894,
        "typical_volume": 6701.1,
        "trend": 953.673328,
        "fair_value": 776.896152,
        "relative_strength": 17.905442,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 90.465063,
        "energy": 91.883866,
        "activity_lines": [
          1037.433301,
          988.194524,
          958.505224,
          954.573538
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1131.0,
        "volume": 5625,
        "typical_volume": 6906.65,
        "trend": 959.983327,
        "fair_value": 780.780767,
        "relative_strength": 23.047367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.051482,
        "energy": 96.50807,
        "activity_lines": [
          1076.159977,
          1019.523617,
          975.862368,
          966.013969
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1150.199951,
        "volume": 6386,
        "typical_volume": 6942.8,
        "trend": 966.016659,
        "fair_value": 784.627562,
        "relative_strength": 19.630356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.345116,
        "energy": 95.292119,
        "activity_lines": [
          1108.026636,
          1050.703611,
          994.224269,
          978.286009
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1185.599976,
        "volume": 3673,
        "typical_volume": 6873.2,
        "trend": 971.476658,
        "fair_value": 788.644228,
        "relative_strength": 21.393619,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.920186,
        "energy": 95.773476,
        "activity_lines": [
          1141.733305,
          1084.134519,
          1015.037601,
          992.452675
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1172.400024,
        "volume": 360,
        "typical_volume": 6486.4,
        "trend": 978.733325,
        "fair_value": 792.603203,
        "relative_strength": 20.895497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.929858,
        "energy": 91.173086,
        "activity_lines": [
          1160.746655,
          1109.909073,
          1033.542366,
          1005.415472
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1157.400024,
        "volume": 1158,
        "typical_volume": 6241.6,
        "trend": 984.803326,
        "fair_value": 796.355767,
        "relative_strength": 19.20503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.315372,
        "energy": 87.175216,
        "activity_lines": [
          1164.320003,
          1127.441808,
          1049.649513,
          1016.942356
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1198.400024,
        "volume": 293,
        "typical_volume": 5934.5,
        "trend": 993.666661,
        "fair_value": 800.469229,
        "relative_strength": 20.915829,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.915679,
        "energy": 86.314136,
        "activity_lines": [
          1177.346679,
          1147.683634,
          1068.656183,
          1030.722788
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1145.400024,
        "volume": 1160,
        "typical_volume": 5372.1,
        "trend": 999.703328,
        "fair_value": 804.153845,
        "relative_strength": 16.391616,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.710093,
        "energy": 64.858786,
        "activity_lines": [
          1168.213354,
          1153.447276,
          1081.372852,
          1040.512038
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1163.800049,
        "volume": 1145,
        "typical_volume": 4994.1,
        "trend": 1005.946663,
        "fair_value": 807.996794,
        "relative_strength": 12.65001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.304903,
        "energy": 61.903954,
        "activity_lines": [
          1165.533366,
          1159.927287,
          1094.759524,
          1051.098923
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1180.199951,
        "volume": 3513,
        "typical_volume": 4574.75,
        "trend": 1013.643329,
        "fair_value": 811.908332,
        "relative_strength": 16.822259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.110325,
        "energy": 62.59255,
        "activity_lines": [
          1169.77334,
          1166.978187,
          1108.474758,
          1062.34107
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1134.199951,
        "volume": 5289,
        "typical_volume": 4529.55,
        "trend": 1019.78666,
        "fair_value": 815.51346,
        "relative_strength": 12.812411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.023168,
        "energy": 47.373572,
        "activity_lines": [
          1158.159985,
          1162.67636,
          1116.589992,
          1070.118917
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1155.0,
        "volume": 3023,
        "typical_volume": 4121.6,
        "trend": 1026.353326,
        "fair_value": 819.196793,
        "relative_strength": 13.114027,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.21815,
        "energy": 44.659043,
        "activity_lines": [
          1155.026652,
          1161.429088,
          1125.611422,
          1078.842358
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1119.199951,
        "volume": 4238,
        "typical_volume": 4097.25,
        "trend": 1031.759991,
        "fair_value": 822.765382,
        "relative_strength": 7.012552,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.318114,
        "energy": 33.229662,
        "activity_lines": [
          1142.853304,
          1153.236352,
          1130.155703,
          1084.832463
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1207.400024,
        "volume": 8722,
        "typical_volume": 4342.55,
        "trend": 1039.846659,
        "fair_value": 827.027562,
        "relative_strength": 11.94898,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.628837,
        "energy": 45.039761,
        "activity_lines": [
          1161.826652,
          1161.64363,
          1142.151421,
          1096.164078
        ]
      }
    ],
    "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."
    }
  }
}