{
  "ticker": {
    "uuid": "caa14abe-da40-4d5b-8d13-89b105f776b5",
    "symbol": "WFIN",
    "name": "State Street SPDR MSCI World Financials UCITS ETF USD Acc",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "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": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 85.684,
    "architecture_energy": 94.22,
    "architecture_maturity": 27.012,
    "architecture_confidence": 77.226,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 0.0,
        "rotation_up": 86.71,
        "upward_expansion": 99.93,
        "deceleration": 39.02,
        "rotation_down": 9.36,
        "downward_expansion": 21.93
      },
      "activity_lines": [
        104.049334,
        102.188091,
        99.080571,
        96.91528
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 105.580002,
    "trend_reference": 94.890333,
    "distance_from_trend": 0.112653,
    "trend_direction": "Improving",
    "fair_value": 75.84,
    "distance_from_fair_value": 0.392141,
    "fair_value_direction": "Improving",
    "relative_strength": 4.991037,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.108277,
    "excess_performance": 0.057042,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.112653,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.032296,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.392141,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.091376,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.04991,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.061298,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.108277,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 24.705039,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 55943,
      "relative_activity": 4.139847,
      "balance": 24.705039,
      "dry_up": 1.705486,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.020262,
      "annualized_volatility": 0.153877,
      "from_high_reference": -0.012071,
      "from_low_reference": 0.243581
    },
    "levels": {
      "trend_reference": 94.890333,
      "fair_value_reference": 75.84,
      "structural_low": 84.900002,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 38,
        "median_return": 0.015685,
        "positive_rate": 0.684211,
        "directional_follow_through": 0.684211,
        "median_excess_return": 0.000422,
        "regime_survival": 0.763158,
        "best_return": 0.068412,
        "worst_return": -0.115788,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 15,
        "median_return": 0.038157,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.004848,
        "regime_survival": 0.666667,
        "best_return": 0.110031,
        "worst_return": -0.15105,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.084619,
        "positive_rate": 0.875,
        "directional_follow_through": 0.875,
        "median_excess_return": 0.018186,
        "regime_survival": 0.75,
        "best_return": 0.1913,
        "worst_return": -0.127646,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.145416,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.058459,
        "regime_survival": 0.5,
        "best_return": 0.392295,
        "worst_return": -0.078157,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-28",
        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.036845,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": 0.114229,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.056986,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": -0.026795,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-21",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.002896,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": 0.015579,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.102802,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-10-17",
        "tenure": "Established",
        "return": 0.071336,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.034117,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": 0.003789,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-20",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.074973,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.108174,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": 0.019703,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.091774,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 51.105,
        "volume": 17069,
        "typical_volume": 21316.5,
        "trend": 50.918167,
        "fair_value": 49.304391,
        "relative_strength": 6.575289,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.540806,
        "energy": 42.41813,
        "activity_lines": [
          52.519334,
          52.392545,
          51.465428,
          50.983484
        ]
      },
      {
        "date": "2023-08-25",
        "close": 50.974998,
        "volume": 8256,
        "typical_volume": 20192.9,
        "trend": 50.822167,
        "fair_value": 49.393269,
        "relative_strength": 5.040714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.049279,
        "energy": 20.879627,
        "activity_lines": [
          51.861,
          52.203363,
          51.484547,
          50.98715
        ]
      },
      {
        "date": "2023-09-01",
        "close": 52.205002,
        "volume": 25739,
        "typical_volume": 21051.15,
        "trend": 50.758667,
        "fair_value": 49.495705,
        "relative_strength": 5.60322,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.542827,
        "energy": 24.395308,
        "activity_lines": [
          51.793,
          52.240545,
          51.610167,
          51.076365
        ]
      },
      {
        "date": "2023-09-08",
        "close": 51.490002,
        "volume": 13983,
        "typical_volume": 20930.6,
        "trend": 50.689333,
        "fair_value": 49.594327,
        "relative_strength": 3.85694,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.453999,
        "energy": 24.547037,
        "activity_lines": [
          51.604668,
          52.103091,
          51.657405,
          51.123548
        ]
      },
      {
        "date": "2023-09-15",
        "close": 52.830002,
        "volume": 176315,
        "typical_volume": 28898.15,
        "trend": 50.672333,
        "fair_value": 49.702019,
        "relative_strength": 3.214924,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.515802,
        "energy": 21.519515,
        "activity_lines": [
          51.985335,
          52.204183,
          51.826762,
          51.261656
        ]
      },
      {
        "date": "2023-09-22",
        "close": 51.84,
        "volume": 37386,
        "typical_volume": 29426.25,
        "trend": 50.657667,
        "fair_value": 49.817404,
        "relative_strength": 1.497764,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.529059,
        "energy": 21.156365,
        "activity_lines": [
          52.025001,
          52.088455,
          51.889048,
          51.336989
        ]
      },
      {
        "date": "2023-09-29",
        "close": 51.169998,
        "volume": 4184,
        "typical_volume": 28950.95,
        "trend": 50.601833,
        "fair_value": 49.920929,
        "relative_strength": 1.057701,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.297914,
        "energy": 9.981272,
        "activity_lines": [
          51.792333,
          51.863182,
          51.874786,
          51.370043
        ]
      },
      {
        "date": "2023-10-06",
        "close": 50.43,
        "volume": 17039,
        "typical_volume": 29235.2,
        "trend": 50.6065,
        "fair_value": 50.010224,
        "relative_strength": 0.962177,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.331793,
        "energy": 5.809954,
        "activity_lines": [
          51.3,
          51.549,
          51.778333,
          51.358957
        ]
      },
      {
        "date": "2023-10-13",
        "close": 50.650002,
        "volume": 15130,
        "typical_volume": 25483.05,
        "trend": 50.743,
        "fair_value": 50.103462,
        "relative_strength": -0.079647,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.370947,
        "energy": 14.735116,
        "activity_lines": [
          50.999334,
          51.339273,
          51.698548,
          51.361764
        ]
      },
      {
        "date": "2023-10-20",
        "close": 49.259998,
        "volume": 74361,
        "typical_volume": 28007.95,
        "trend": 50.834833,
        "fair_value": 50.185481,
        "relative_strength": -0.317883,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -36.291799,
        "energy": 47.894698,
        "activity_lines": [
          50.291333,
          50.925455,
          51.477119,
          51.266086
        ]
      },
      {
        "date": "2023-10-27",
        "close": 48.540001,
        "volume": 35786,
        "typical_volume": 28891.75,
        "trend": 50.829167,
        "fair_value": 50.276795,
        "relative_strength": -0.297627,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.016268,
        "energy": 62.938135,
        "activity_lines": [
          49.581333,
          50.442637,
          51.189691,
          51.118032
        ]
      },
      {
        "date": "2023-11-03",
        "close": 51.459999,
        "volume": 9877,
        "typical_volume": 28728.85,
        "trend": 50.919833,
        "fair_value": 50.371795,
        "relative_strength": 3.743549,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.457306,
        "energy": 40.258854,
        "activity_lines": [
          50.064666,
          50.537364,
          51.188048,
          51.158731
        ]
      },
      {
        "date": "2023-11-10",
        "close": 50.919998,
        "volume": 61290,
        "typical_volume": 31287.4,
        "trend": 50.949,
        "fair_value": 50.445897,
        "relative_strength": 3.424823,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.880631,
        "energy": 25.841375,
        "activity_lines": [
          50.348666,
          50.52509,
          51.133381,
          51.158742
        ]
      },
      {
        "date": "2023-11-17",
        "close": 53.055,
        "volume": 16643,
        "typical_volume": 30770.55,
        "trend": 51.039667,
        "fair_value": 50.527179,
        "relative_strength": 5.5993,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 20.734762,
        "energy": 13.768847,
        "activity_lines": [
          51.311666,
          50.924363,
          51.276476,
          51.294613
        ]
      },
      {
        "date": "2023-11-24",
        "close": 53.755001,
        "volume": 12465,
        "typical_volume": 31031.65,
        "trend": 51.16,
        "fair_value": 50.603237,
        "relative_strength": 7.104284,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 60.80221,
        "energy": 44.445934,
        "activity_lines": [
          52.347667,
          51.422454,
          51.477452,
          51.469796
        ]
      },
      {
        "date": "2023-12-01",
        "close": 54.630001,
        "volume": 38441,
        "typical_volume": 32351.4,
        "trend": 51.342167,
        "fair_value": 50.680096,
        "relative_strength": 8.082198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.883734,
        "energy": 72.133045,
        "activity_lines": [
          53.375667,
          52.062818,
          51.747714,
          51.693667
        ]
      },
      {
        "date": "2023-12-08",
        "close": 54.639999,
        "volume": 48117,
        "typical_volume": 33701.65,
        "trend": 51.539833,
        "fair_value": 50.762692,
        "relative_strength": 7.562227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.065083,
        "energy": 81.942242,
        "activity_lines": [
          54.001,
          52.654273,
          52.008857,
          51.90643
        ]
      },
      {
        "date": "2023-12-15",
        "close": 56.509998,
        "volume": 17648,
        "typical_volume": 33590.5,
        "trend": 51.7725,
        "fair_value": 50.85484,
        "relative_strength": 10.647704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.095793,
        "energy": 90.754544,
        "activity_lines": [
          55.037666,
          53.522636,
          52.443524,
          52.227086
        ]
      },
      {
        "date": "2023-12-22",
        "close": 57.014999,
        "volume": 15192,
        "typical_volume": 33312.4,
        "trend": 52.0495,
        "fair_value": 50.946667,
        "relative_strength": 9.627121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.185967,
        "energy": 94.057563,
        "activity_lines": [
          55.869999,
          54.372272,
          52.914214,
          52.565312
        ]
      },
      {
        "date": "2023-12-29",
        "close": 57.68,
        "volume": 44,
        "typical_volume": 32248.25,
        "trend": 52.312166,
        "fair_value": 51.041442,
        "relative_strength": 10.143859,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.369773,
        "energy": 93.991027,
        "activity_lines": [
          56.659999,
          55.22709,
          53.430666,
          52.92857
        ]
      },
      {
        "date": "2024-01-05",
        "close": 57.669998,
        "volume": 55423,
        "typical_volume": 34165.95,
        "trend": 52.562666,
        "fair_value": 51.12282,
        "relative_strength": 10.480868,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.519805,
        "energy": 91.920605,
        "activity_lines": [
          57.184999,
          55.926999,
          53.922285,
          53.274236
        ]
      },
      {
        "date": "2024-01-12",
        "close": 56.889999,
        "volume": 52046,
        "typical_volume": 36355.45,
        "trend": 52.754833,
        "fair_value": 51.199647,
        "relative_strength": 9.679045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.114896,
        "energy": 87.343296,
        "activity_lines": [
          57.247332,
          56.31909,
          54.308357,
          53.553419
        ]
      },
      {
        "date": "2024-01-19",
        "close": 56.639999,
        "volume": 10070,
        "typical_volume": 35572.0,
        "trend": 52.9845,
        "fair_value": 51.27875,
        "relative_strength": 11.307318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.309861,
        "energy": 80.708025,
        "activity_lines": [
          57.076332,
          56.566999,
          54.642452,
          53.804075
        ]
      },
      {
        "date": "2024-01-26",
        "close": 58.115002,
        "volume": 29560,
        "typical_volume": 36350.85,
        "trend": 53.214666,
        "fair_value": 51.377596,
        "relative_strength": 11.402813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.885478,
        "energy": 69.248215,
        "activity_lines": [
          57.388333,
          56.97909,
          55.095904,
          54.135075
        ]
      },
      {
        "date": "2024-02-02",
        "close": 58.209999,
        "volume": 19556,
        "typical_volume": 28512.9,
        "trend": 53.4615,
        "fair_value": 51.461987,
        "relative_strength": 11.622079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.935687,
        "energy": 68.274607,
        "activity_lines": [
          57.658666,
          57.316454,
          55.526857,
          54.457355
        ]
      },
      {
        "date": "2024-02-09",
        "close": 58.064999,
        "volume": 3126,
        "typical_volume": 26799.9,
        "trend": 53.6465,
        "fair_value": 51.540288,
        "relative_strength": 11.701362,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.263356,
        "energy": 65.958822,
        "activity_lines": [
          57.845333,
          57.546454,
          55.91838,
          54.754354
        ]
      },
      {
        "date": "2024-02-16",
        "close": 59.514999,
        "volume": 37880,
        "typical_volume": 28484.7,
        "trend": 53.841,
        "fair_value": 51.620321,
        "relative_strength": 12.094758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.969157,
        "energy": 87.581092,
        "activity_lines": [
          58.488999,
          57.977636,
          56.418357,
          55.132967
        ]
      },
      {
        "date": "2024-02-23",
        "close": 60.365002,
        "volume": 8426,
        "typical_volume": 28054.05,
        "trend": 54.054,
        "fair_value": 51.707083,
        "relative_strength": 13.396063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.07744,
        "energy": 92.27842,
        "activity_lines": [
          59.241,
          58.474727,
          56.959547,
          55.553871
        ]
      },
      {
        "date": "2024-03-01",
        "close": 60.605,
        "volume": 4980,
        "typical_volume": 27546.55,
        "trend": 54.296667,
        "fair_value": 51.791571,
        "relative_strength": 13.807004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.919157,
        "energy": 90.784453,
        "activity_lines": [
          59.824667,
          58.945364,
          57.476285,
          55.976516
        ]
      },
      {
        "date": "2024-03-08",
        "close": 62.0,
        "volume": 12647,
        "typical_volume": 24460.85,
        "trend": 54.607833,
        "fair_value": 51.871442,
        "relative_strength": 16.255834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.899042,
        "energy": 94.87713,
        "activity_lines": [
          60.707334,
          59.604364,
          58.078476,
          56.473505
        ]
      },
      {
        "date": "2024-03-15",
        "close": 61.82,
        "volume": 532914,
        "typical_volume": 49317.25,
        "trend": 54.965,
        "fair_value": 51.95125,
        "relative_strength": 14.380381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.12675,
        "energy": 91.743484,
        "activity_lines": [
          61.277334,
          60.152091,
          58.602857,
          56.938806
        ]
      },
      {
        "date": "2024-03-22",
        "close": 63.025002,
        "volume": 9453,
        "typical_volume": 49296.05,
        "trend": 55.366667,
        "fair_value": 52.040385,
        "relative_strength": 13.099415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.826947,
        "energy": 91.431004,
        "activity_lines": [
          61.998667,
          60.843455,
          59.178762,
          57.458806
        ]
      },
      {
        "date": "2024-03-29",
        "close": 63.564999,
        "volume": 19858,
        "typical_volume": 47224.45,
        "trend": 55.745333,
        "fair_value": 52.132436,
        "relative_strength": 13.257999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.970417,
        "energy": 89.011872,
        "activity_lines": [
          62.666,
          61.521455,
          59.751024,
          57.987731
        ]
      },
      {
        "date": "2024-04-05",
        "close": 62.700001,
        "volume": 113027,
        "typical_volume": 52043.65,
        "trend": 56.119,
        "fair_value": 52.213397,
        "relative_strength": 11.804915,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.249972,
        "energy": 68.116624,
        "activity_lines": [
          62.831667,
          61.916273,
          60.18069,
          58.436419
        ]
      },
      {
        "date": "2024-04-12",
        "close": 60.985001,
        "volume": 11376,
        "typical_volume": 51989.2,
        "trend": 56.390833,
        "fair_value": 52.279904,
        "relative_strength": 7.229451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.86733,
        "energy": 65.435482,
        "activity_lines": [
          62.286001,
          61.91591,
          60.401095,
          58.750355
        ]
      },
      {
        "date": "2024-04-19",
        "close": 60.735001,
        "volume": 19799,
        "typical_volume": 51057.1,
        "trend": 56.687333,
        "fair_value": 52.346763,
        "relative_strength": 7.750327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.287055,
        "energy": 52.656627,
        "activity_lines": [
          61.724667,
          61.819637,
          60.563262,
          59.030624
        ]
      },
      {
        "date": "2024-04-26",
        "close": 61.755001,
        "volume": 4198,
        "typical_volume": 48861.15,
        "trend": 57.040167,
        "fair_value": 52.412821,
        "relative_strength": 5.930184,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.455399,
        "energy": 40.442087,
        "activity_lines": [
          61.575668,
          61.860273,
          60.7935,
          59.35757
        ]
      },
      {
        "date": "2024-05-03",
        "close": 61.924999,
        "volume": 2999,
        "typical_volume": 48128.7,
        "trend": 57.423333,
        "fair_value": 52.469776,
        "relative_strength": 4.925302,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.160313,
        "energy": 33.353982,
        "activity_lines": [
          61.568,
          61.891091,
          61.006048,
          59.67272
        ]
      },
      {
        "date": "2024-05-10",
        "close": 63.935001,
        "volume": 15594,
        "typical_volume": 48148.8,
        "trend": 57.866167,
        "fair_value": 52.537821,
        "relative_strength": 5.1357,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 77.428183,
        "energy": 52.462973,
        "activity_lines": [
          62.339667,
          62.259001,
          61.384238,
          60.092828
        ]
      },
      {
        "date": "2024-05-17",
        "close": 64.889999,
        "volume": 16793,
        "typical_volume": 48986.25,
        "trend": 58.387167,
        "fair_value": 52.610962,
        "relative_strength": 6.50194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.997707,
        "energy": 65.488282,
        "activity_lines": [
          63.347333,
          62.74,
          61.820429,
          60.545979
        ]
      },
      {
        "date": "2024-05-24",
        "close": 64.169998,
        "volume": 109428,
        "typical_volume": 51686.5,
        "trend": 58.908166,
        "fair_value": 52.675962,
        "relative_strength": 6.245308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.392454,
        "energy": 68.199854,
        "activity_lines": [
          63.854666,
          63.037545,
          62.153714,
          60.919064
        ]
      },
      {
        "date": "2024-05-31",
        "close": 63.825001,
        "volume": 47376,
        "typical_volume": 51453.0,
        "trend": 59.320333,
        "fair_value": 52.737179,
        "relative_strength": 5.885923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.13926,
        "energy": 66.129846,
        "activity_lines": [
          64.018,
          63.229636,
          62.423191,
          61.23628
        ]
      },
      {
        "date": "2024-06-07",
        "close": 64.120003,
        "volume": 21282,
        "typical_volume": 52013.6,
        "trend": 59.760333,
        "fair_value": 52.806218,
        "relative_strength": 6.440793,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.333257,
        "energy": 64.056948,
        "activity_lines": [
          64.141667,
          63.460819,
          62.687739,
          61.545936
        ]
      },
      {
        "date": "2024-06-14",
        "close": 62.279999,
        "volume": 4696,
        "typical_volume": 50770.4,
        "trend": 60.067833,
        "fair_value": 52.87859,
        "relative_strength": 4.373901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.531834,
        "energy": 42.250381,
        "activity_lines": [
          63.505667,
          63.347364,
          62.741429,
          61.708495
        ]
      },
      {
        "date": "2024-06-21",
        "close": 63.02,
        "volume": 2963,
        "typical_volume": 49940.75,
        "trend": 60.376667,
        "fair_value": 52.944551,
        "relative_strength": 4.181034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.956397,
        "energy": 29.724068,
        "activity_lines": [
          63.226667,
          63.376091,
          62.845762,
          61.898957
        ]
      },
      {
        "date": "2024-06-28",
        "close": 63.509998,
        "volume": 6987,
        "typical_volume": 50133.8,
        "trend": 60.672667,
        "fair_value": 53.016603,
        "relative_strength": 5.666455,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.646889,
        "energy": 25.995698,
        "activity_lines": [
          63.235666,
          63.456909,
          62.973857,
          62.101108
        ]
      },
      {
        "date": "2024-07-05",
        "close": 64.190002,
        "volume": 6036,
        "typical_volume": 48541.6,
        "trend": 60.991,
        "fair_value": 53.095833,
        "relative_strength": 6.05161,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.551004,
        "energy": 27.932285,
        "activity_lines": [
          63.515334,
          63.610909,
          63.140786,
          62.328032
        ]
      },
      {
        "date": "2024-07-12",
        "close": 65.849998,
        "volume": 10258,
        "typical_volume": 48633.2,
        "trend": 61.302333,
        "fair_value": 53.187308,
        "relative_strength": 7.890794,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 77.592024,
        "energy": 51.101047,
        "activity_lines": [
          64.323999,
          64.022454,
          63.443548,
          62.641516
        ]
      },
      {
        "date": "2024-07-19",
        "close": 65.919998,
        "volume": 2587,
        "typical_volume": 48513.55,
        "trend": 61.599167,
        "fair_value": 53.27859,
        "relative_strength": 8.987122,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.870188,
        "energy": 71.494777,
        "activity_lines": [
          65.040666,
          64.375363,
          63.726857,
          62.93943
        ]
      },
      {
        "date": "2024-07-26",
        "close": 66.410004,
        "volume": 1402,
        "typical_volume": 47951.3,
        "trend": 61.890167,
        "fair_value": 53.369776,
        "relative_strength": 7.795033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.510204,
        "energy": 80.894939,
        "activity_lines": [
          65.678001,
          64.781273,
          64.031524,
          63.249807
        ]
      },
      {
        "date": "2024-08-02",
        "close": 63.505001,
        "volume": 54252,
        "typical_volume": 24018.2,
        "trend": 62.084667,
        "fair_value": 53.433622,
        "relative_strength": 4.285439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.11965,
        "energy": 57.920932,
        "activity_lines": [
          65.121001,
          64.631364,
          64.038524,
          63.353989
        ]
      },
      {
        "date": "2024-08-09",
        "close": 63.919998,
        "volume": 7284,
        "typical_volume": 23909.75,
        "trend": 62.319,
        "fair_value": 53.493494,
        "relative_strength": 4.828174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.483677,
        "energy": 35.906856,
        "activity_lines": [
          64.702667,
          64.569,
          64.077024,
          63.472398
        ]
      },
      {
        "date": "2024-08-16",
        "close": 66.440002,
        "volume": 7141,
        "typical_volume": 23273.9,
        "trend": 62.645667,
        "fair_value": 53.57984,
        "relative_strength": 6.818998,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.524514,
        "energy": 40.544388,
        "activity_lines": [
          65.142334,
          64.963091,
          64.351262,
          63.738269
        ]
      },
      {
        "date": "2024-08-23",
        "close": 68.154999,
        "volume": 7358,
        "typical_volume": 17990.45,
        "trend": 62.980333,
        "fair_value": 53.668013,
        "relative_strength": 9.013727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.050006,
        "energy": 51.010676,
        "activity_lines": [
          66.114334,
          65.626818,
          64.775143,
          64.09371
        ]
      },
      {
        "date": "2024-08-30",
        "close": 68.934998,
        "volume": 1695,
        "typical_volume": 17506.4,
        "trend": 63.337833,
        "fair_value": 53.763494,
        "relative_strength": 9.273091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.499808,
        "energy": 81.333652,
        "activity_lines": [
          67.197333,
          66.325545,
          65.247333,
          64.477882
        ]
      },
      {
        "date": "2024-09-06",
        "close": 67.654999,
        "volume": 16138,
        "typical_volume": 17323.35,
        "trend": 63.6575,
        "fair_value": 53.853846,
        "relative_strength": 9.414819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.352158,
        "energy": 78.742896,
        "activity_lines": [
          67.685332,
          66.684,
          65.559762,
          64.756409
        ]
      },
      {
        "date": "2024-09-13",
        "close": 68.404999,
        "volume": 3732,
        "typical_volume": 17300.05,
        "trend": 63.953833,
        "fair_value": 53.950609,
        "relative_strength": 9.009712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.665087,
        "energy": 81.830066,
        "activity_lines": [
          68.146666,
          67.103454,
          65.910666,
          65.062699
        ]
      },
      {
        "date": "2024-09-20",
        "close": 69.824997,
        "volume": 74298,
        "typical_volume": 20865.0,
        "trend": 64.269167,
        "fair_value": 54.054231,
        "relative_strength": 11.364711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.696247,
        "energy": 84.638129,
        "activity_lines": [
          68.782332,
          67.704454,
          66.365142,
          65.441484
        ]
      },
      {
        "date": "2024-09-27",
        "close": 70.370003,
        "volume": 34082,
        "typical_volume": 21789.4,
        "trend": 64.594667,
        "fair_value": 54.164423,
        "relative_strength": 10.526155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.915409,
        "energy": 79.245137,
        "activity_lines": [
          69.374,
          68.332272,
          66.833905,
          65.835086
        ]
      },
      {
        "date": "2024-10-04",
        "close": 69.660004,
        "volume": 9985,
        "typical_volume": 21449.0,
        "trend": 64.85,
        "fair_value": 54.258846,
        "relative_strength": 9.478922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.979614,
        "energy": 69.657621,
        "activity_lines": [
          69.581335,
          68.750091,
          67.204405,
          66.161882
        ]
      },
      {
        "date": "2024-10-11",
        "close": 71.004997,
        "volume": 59207,
        "typical_volume": 18937.95,
        "trend": 65.156167,
        "fair_value": 54.358077,
        "relative_strength": 11.416042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.140216,
        "energy": 76.129585,
        "activity_lines": [
          70.188667,
          69.353363,
          67.680286,
          66.558978
        ]
      },
      {
        "date": "2024-10-18",
        "close": 72.415001,
        "volume": 13889,
        "typical_volume": 17263.6,
        "trend": 65.469167,
        "fair_value": 54.459167,
        "relative_strength": 11.647884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.841739,
        "energy": 84.526319,
        "activity_lines": [
          71.042667,
          70.076636,
          68.257905,
          67.02729
        ]
      },
      {
        "date": "2024-10-25",
        "close": 71.125,
        "volume": 42881,
        "typical_volume": 18343.55,
        "trend": 65.721167,
        "fair_value": 54.55125,
        "relative_strength": 10.576146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.275904,
        "energy": 67.639756,
        "activity_lines": [
          71.199334,
          70.410909,
          68.671762,
          67.392183
        ]
      },
      {
        "date": "2024-11-01",
        "close": 71.144997,
        "volume": 4473,
        "typical_volume": 18332.4,
        "trend": 66.002667,
        "fair_value": 54.643622,
        "relative_strength": 11.092707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.243799,
        "energy": 73.438228,
        "activity_lines": [
          71.275999,
          70.663636,
          69.054166,
          67.742107
        ]
      },
      {
        "date": "2024-11-08",
        "close": 73.885002,
        "volume": 271591,
        "typical_volume": 31763.8,
        "trend": 66.432667,
        "fair_value": 54.755545,
        "relative_strength": 16.231178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.532565,
        "energy": 78.324955,
        "activity_lines": [
          72.214333,
          71.360182,
          69.655309,
          68.250645
        ]
      },
      {
        "date": "2024-11-15",
        "close": 74.394997,
        "volume": 25066,
        "typical_volume": 32667.75,
        "trend": 66.888,
        "fair_value": 54.879615,
        "relative_strength": 16.54752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.659192,
        "energy": 80.899833,
        "activity_lines": [
          73.040999,
          72.059454,
          70.253285,
          68.764344
        ]
      },
      {
        "date": "2024-11-22",
        "close": 75.334999,
        "volume": 9185,
        "typical_volume": 32825.2,
        "trend": 67.340666,
        "fair_value": 55.019038,
        "relative_strength": 14.64449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.257702,
        "energy": 89.022971,
        "activity_lines": [
          73.954999,
          72.80709,
          70.888952,
          69.309311
        ]
      },
      {
        "date": "2024-11-29",
        "close": 76.519997,
        "volume": 6662,
        "typical_volume": 32645.4,
        "trend": 67.827166,
        "fair_value": 55.167692,
        "relative_strength": 15.541166,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.53706,
        "energy": 92.610078,
        "activity_lines": [
          75.069332,
          73.644181,
          71.584404,
          69.901526
        ]
      },
      {
        "date": "2024-12-06",
        "close": 76.074997,
        "volume": 14882,
        "typical_volume": 33260.15,
        "trend": 68.231833,
        "fair_value": 55.306538,
        "relative_strength": 14.046895,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.966516,
        "energy": 89.369119,
        "activity_lines": [
          75.675664,
          74.278635,
          72.186666,
          70.433644
        ]
      },
      {
        "date": "2024-12-13",
        "close": 74.93,
        "volume": 11542,
        "typical_volume": 33767.15,
        "trend": 68.5665,
        "fair_value": 55.439166,
        "relative_strength": 12.021783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.787402,
        "energy": 78.744758,
        "activity_lines": [
          75.571665,
          74.60118,
          72.631523,
          70.865784
        ]
      },
      {
        "date": "2024-12-20",
        "close": 72.894997,
        "volume": 13432,
        "typical_volume": 31726.15,
        "trend": 68.857333,
        "fair_value": 55.554775,
        "relative_strength": 11.458902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.019686,
        "energy": 59.357922,
        "activity_lines": [
          74.719665,
          74.457907,
          72.841999,
          71.145042
        ]
      },
      {
        "date": "2024-12-27",
        "close": 73.449997,
        "volume": 2661,
        "typical_volume": 31495.0,
        "trend": 69.178166,
        "fair_value": 55.672628,
        "relative_strength": 10.999051,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.70492,
        "energy": 42.11001,
        "activity_lines": [
          74.152664,
          74.38118,
          73.060618,
          71.441343
        ]
      },
      {
        "date": "2025-01-03",
        "close": 73.0,
        "volume": 3611,
        "typical_volume": 31318.5,
        "trend": 69.474166,
        "fair_value": 55.772916,
        "relative_strength": 8.968347,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.739529,
        "energy": 27.004264,
        "activity_lines": [
          73.561332,
          74.203816,
          73.190999,
          71.687913
        ]
      },
      {
        "date": "2025-01-10",
        "close": 71.800003,
        "volume": 3776,
        "typical_volume": 31139.4,
        "trend": 69.791499,
        "fair_value": 55.86266,
        "relative_strength": 6.545961,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.535752,
        "energy": 27.669135,
        "activity_lines": [
          72.804667,
          73.774181,
          73.175856,
          71.837967
        ]
      },
      {
        "date": "2025-01-17",
        "close": 75.589996,
        "volume": 30882,
        "typical_volume": 32598.75,
        "trend": 70.210499,
        "fair_value": 55.99,
        "relative_strength": 8.453475,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.425629,
        "energy": 26.457791,
        "activity_lines": [
          73.596332,
          74.021726,
          73.504308,
          72.212064
        ]
      },
      {
        "date": "2025-01-24",
        "close": 77.160004,
        "volume": 55052,
        "typical_volume": 34544.45,
        "trend": 70.6655,
        "fair_value": 56.13516,
        "relative_strength": 10.363473,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.701075,
        "energy": 45.602287,
        "activity_lines": [
          74.867334,
          74.523727,
          73.950595,
          72.660419
        ]
      },
      {
        "date": "2025-01-31",
        "close": 78.184998,
        "volume": 12593,
        "typical_volume": 34987.5,
        "trend": 71.131999,
        "fair_value": 56.274134,
        "relative_strength": 9.267078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.757755,
        "energy": 58.423211,
        "activity_lines": [
          76.195667,
          75.161818,
          74.449237,
          73.145548
        ]
      },
      {
        "date": "2025-02-07",
        "close": 78.334999,
        "volume": 19268,
        "typical_volume": 32236.0,
        "trend": 71.548166,
        "fair_value": 56.403141,
        "relative_strength": 8.804464,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.419107,
        "energy": 83.256785,
        "activity_lines": [
          77.258333,
          75.775363,
          74.915594,
          73.610257
        ]
      },
      {
        "date": "2025-02-14",
        "close": 79.150002,
        "volume": 14447,
        "typical_volume": 31254.25,
        "trend": 71.989166,
        "fair_value": 56.551699,
        "relative_strength": 9.191965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.793315,
        "energy": 87.145015,
        "activity_lines": [
          78.237,
          76.504091,
          75.419047,
          74.100698
        ]
      },
      {
        "date": "2025-02-21",
        "close": 78.610001,
        "volume": 8657,
        "typical_volume": 31187.85,
        "trend": 72.395833,
        "fair_value": 56.705481,
        "relative_strength": 9.047997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.664998,
        "energy": 83.269787,
        "activity_lines": [
          78.545667,
          77.078728,
          75.829261,
          74.527849
        ]
      },
      {
        "date": "2025-02-28",
        "close": 78.684998,
        "volume": 15851,
        "typical_volume": 29020.05,
        "trend": 72.901833,
        "fair_value": 56.883269,
        "relative_strength": 7.031957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.210421,
        "energy": 74.697239,
        "activity_lines": [
          78.678,
          77.600091,
          76.203999,
          74.933602
        ]
      },
      {
        "date": "2025-03-07",
        "close": 76.360001,
        "volume": 810372,
        "typical_volume": 68844.2,
        "trend": 73.316499,
        "fair_value": 57.04282,
        "relative_strength": 5.252107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.753988,
        "energy": 48.278313,
        "activity_lines": [
          77.933667,
          77.593455,
          76.320738,
          75.156709
        ]
      },
      {
        "date": "2025-03-14",
        "close": 76.089996,
        "volume": 11662,
        "typical_volume": 67283.25,
        "trend": 73.638166,
        "fair_value": 57.182628,
        "relative_strength": 5.261024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.129651,
        "energy": 30.803435,
        "activity_lines": [
          77.220999,
          77.484818,
          76.392975,
          75.335644
        ]
      },
      {
        "date": "2025-03-21",
        "close": 77.68,
        "volume": 8443,
        "typical_volume": 67481.75,
        "trend": 73.955666,
        "fair_value": 57.328429,
        "relative_strength": 7.025541,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.654759,
        "energy": 26.603033,
        "activity_lines": [
          77.187999,
          77.60909,
          76.592999,
          75.596408
        ]
      },
      {
        "date": "2025-03-28",
        "close": 77.455002,
        "volume": 5699,
        "typical_volume": 54187.15,
        "trend": 74.239666,
        "fair_value": 57.476763,
        "relative_strength": 6.334454,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.70465,
        "energy": 20.773658,
        "activity_lines": [
          77.178,
          77.585545,
          76.740476,
          75.822172
        ]
      },
      {
        "date": "2025-04-04",
        "close": 70.285004,
        "volume": 137581,
        "typical_volume": 59812.9,
        "trend": 74.327333,
        "fair_value": 57.584743,
        "relative_strength": 3.535842,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -4.829572,
        "energy": 16.514701,
        "activity_lines": [
          74.855001,
          76.224455,
          76.188095,
          75.567032
        ]
      },
      {
        "date": "2025-04-11",
        "close": 71.379997,
        "volume": 34464,
        "typical_volume": 61076.85,
        "trend": 74.4265,
        "fair_value": 57.704615,
        "relative_strength": 6.024611,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.816372,
        "energy": 29.162521,
        "activity_lines": [
          73.457,
          75.187455,
          75.759571,
          75.376881
        ]
      },
      {
        "date": "2025-04-18",
        "close": 74.415001,
        "volume": 2971,
        "typical_volume": 60892.3,
        "trend": 74.5795,
        "fair_value": 57.848397,
        "relative_strength": 6.058519,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.560927,
        "energy": 26.592201,
        "activity_lines": [
          73.402667,
          74.826,
          75.638929,
          75.37614
        ]
      },
      {
        "date": "2025-04-25",
        "close": 76.82,
        "volume": 22232,
        "typical_volume": 61259.8,
        "trend": 74.7945,
        "fair_value": 58.019679,
        "relative_strength": 7.294724,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -4.23443,
        "energy": 18.738257,
        "activity_lines": [
          74.261667,
          74.973091,
          75.757357,
          75.520688
        ]
      },
      {
        "date": "2025-05-02",
        "close": 78.830002,
        "volume": 2213,
        "typical_volume": 60793.35,
        "trend": 75.100166,
        "fair_value": 58.212436,
        "relative_strength": 7.386758,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.300694,
        "energy": 17.37364,
        "activity_lines": [
          75.848001,
          75.528001,
          76.063667,
          75.781043
        ]
      },
      {
        "date": "2025-05-09",
        "close": 79.695,
        "volume": 4030,
        "typical_volume": 60323.25,
        "trend": 75.389833,
        "fair_value": 58.415929,
        "relative_strength": 8.668443,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.138863,
        "energy": 35.700814,
        "activity_lines": [
          77.631,
          76.236182,
          76.433786,
          76.077484
        ]
      },
      {
        "date": "2025-05-16",
        "close": 82.065002,
        "volume": 14955,
        "typical_volume": 60937.95,
        "trend": 75.7115,
        "fair_value": 58.637372,
        "relative_strength": 9.798276,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 73.002553,
        "energy": 61.519684,
        "activity_lines": [
          79.576668,
          77.35691,
          76.997239,
          76.50814
        ]
      },
      {
        "date": "2025-05-23",
        "close": 80.955002,
        "volume": 995,
        "typical_volume": 60807.15,
        "trend": 76.039166,
        "fair_value": 58.831474,
        "relative_strength": 7.520747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.896978,
        "energy": 68.354938,
        "activity_lines": [
          80.440001,
          78.172092,
          77.413953,
          76.84643
        ]
      },
      {
        "date": "2025-05-30",
        "close": 82.175003,
        "volume": 3300,
        "typical_volume": 60783.35,
        "trend": 76.406833,
        "fair_value": 59.037628,
        "relative_strength": 8.066076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.789805,
        "energy": 73.348693,
        "activity_lines": [
          81.274002,
          79.120638,
          77.908977,
          77.242291
        ]
      },
      {
        "date": "2025-06-06",
        "close": 83.165001,
        "volume": 9749,
        "typical_volume": 59726.7,
        "trend": 76.716167,
        "fair_value": 59.270064,
        "relative_strength": 8.165432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.361953,
        "energy": 75.100185,
        "activity_lines": [
          82.081002,
          80.167456,
          78.448882,
          77.678302
        ]
      },
      {
        "date": "2025-06-13",
        "close": 81.904999,
        "volume": 5311,
        "typical_volume": 57239.65,
        "trend": 76.9665,
        "fair_value": 59.507724,
        "relative_strength": 5.99668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.557836,
        "energy": 62.239263,
        "activity_lines": [
          82.179001,
          80.881365,
          78.832715,
          78.013065
        ]
      },
      {
        "date": "2025-06-20",
        "close": 81.785004,
        "volume": 17835,
        "typical_volume": 57501.75,
        "trend": 77.1815,
        "fair_value": 59.73391,
        "relative_strength": 6.36555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.323118,
        "energy": 51.519466,
        "activity_lines": [
          82.089668,
          81.362183,
          79.182525,
          78.323936
        ]
      },
      {
        "date": "2025-06-27",
        "close": 84.705002,
        "volume": 6920,
        "typical_volume": 56884.35,
        "trend": 77.454334,
        "fair_value": 59.985705,
        "relative_strength": 9.416512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.947148,
        "energy": 54.624591,
        "activity_lines": [
          82.992335,
          82.184729,
          79.793287,
          78.809323
        ]
      },
      {
        "date": "2025-07-04",
        "close": 85.559998,
        "volume": 39597,
        "typical_volume": 58141.85,
        "trend": 77.7705,
        "fair_value": 60.237853,
        "relative_strength": 9.770873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.077544,
        "energy": 68.191792,
        "activity_lines": [
          83.930001,
          82.975637,
          80.455144,
          79.33227
        ]
      },
      {
        "date": "2025-07-11",
        "close": 85.175003,
        "volume": 20215,
        "typical_volume": 58719.75,
        "trend": 78.112,
        "fair_value": 60.496603,
        "relative_strength": 7.470357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.757682,
        "energy": 83.021205,
        "activity_lines": [
          84.513668,
          83.537638,
          81.049811,
          79.809979
        ]
      },
      {
        "date": "2025-07-18",
        "close": 85.705002,
        "volume": 16118,
        "typical_volume": 58733.1,
        "trend": 78.539001,
        "fair_value": 60.746923,
        "relative_strength": 7.188926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.840069,
        "energy": 86.624527,
        "activity_lines": [
          85.140002,
          84.080638,
          81.663692,
          80.29985
        ]
      },
      {
        "date": "2025-07-25",
        "close": 87.199997,
        "volume": 8708,
        "typical_volume": 18649.9,
        "trend": 78.997334,
        "fair_value": 61.000064,
        "relative_strength": 7.167345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.273747,
        "energy": 90.568004,
        "activity_lines": [
          86.011333,
          84.786182,
          82.386525,
          80.858624
        ]
      },
      {
        "date": "2025-08-01",
        "close": 84.084999,
        "volume": 8817,
        "typical_volume": 18507.65,
        "trend": 79.366834,
        "fair_value": 61.232853,
        "relative_strength": 3.592449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.900715,
        "energy": 68.373297,
        "activity_lines": [
          85.483333,
          84.832,
          82.761072,
          81.186861
        ]
      },
      {
        "date": "2025-08-08",
        "close": 86.305,
        "volume": 22895,
        "typical_volume": 19230.25,
        "trend": 79.850334,
        "fair_value": 61.466699,
        "relative_strength": 5.633252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.595575,
        "energy": 56.784662,
        "activity_lines": [
          85.736666,
          85.224546,
          83.308977,
          81.634484
        ]
      },
      {
        "date": "2025-08-15",
        "close": 88.055,
        "volume": 4119,
        "typical_volume": 19151.25,
        "trend": 80.265834,
        "fair_value": 61.718141,
        "relative_strength": 6.890101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.071146,
        "energy": 60.735862,
        "activity_lines": [
          86.523666,
          85.860182,
          83.982477,
          82.163818
        ]
      },
      {
        "date": "2025-08-22",
        "close": 89.324997,
        "volume": 853,
        "typical_volume": 12314.85,
        "trend": 80.671334,
        "fair_value": 61.984872,
        "relative_strength": 5.992516,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.657924,
        "energy": 64.006501,
        "activity_lines": [
          87.541999,
          86.637818,
          84.726453,
          82.74828
        ]
      },
      {
        "date": "2025-08-29",
        "close": 88.885002,
        "volume": 44410,
        "typical_volume": 12812.15,
        "trend": 81.028,
        "fair_value": 62.252179,
        "relative_strength": 6.681933,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.103898,
        "energy": 72.728965,
        "activity_lines": [
          88.172333,
          87.200545,
          85.337858,
          83.278194
        ]
      },
      {
        "date": "2025-09-05",
        "close": 87.885002,
        "volume": 11569,
        "typical_volume": 13242.05,
        "trend": 81.346334,
        "fair_value": 62.508141,
        "relative_strength": 4.958528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.269328,
        "energy": 68.510266,
        "activity_lines": [
          88.357001,
          87.452364,
          85.770667,
          83.720581
        ]
      },
      {
        "date": "2025-09-12",
        "close": 89.389999,
        "volume": 11071,
        "typical_volume": 12684.0,
        "trend": 81.687667,
        "fair_value": 62.782308,
        "relative_strength": 5.588416,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.863887,
        "energy": 64.076274,
        "activity_lines": [
          88.79,
          87.92,
          86.282667,
          84.239527
        ]
      },
      {
        "date": "2025-09-19",
        "close": 89.559998,
        "volume": 9400,
        "typical_volume": 13043.35,
        "trend": 82.052667,
        "fair_value": 63.075128,
        "relative_strength": 6.277332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.910395,
        "energy": 57.704927,
        "activity_lines": [
          89.074,
          88.348909,
          86.751,
          84.74742
        ]
      },
      {
        "date": "2025-09-26",
        "close": 89.339996,
        "volume": 9127,
        "typical_volume": 13298.2,
        "trend": 82.407834,
        "fair_value": 63.369711,
        "relative_strength": 4.981434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.154747,
        "energy": 54.835517,
        "activity_lines": [
          89.184332,
          88.65809,
          87.147285,
          85.21757
        ]
      },
      {
        "date": "2025-10-03",
        "close": 89.675003,
        "volume": 11970,
        "typical_volume": 13148.95,
        "trend": 82.851667,
        "fair_value": 63.664872,
        "relative_strength": 2.858956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.189348,
        "energy": 54.409332,
        "activity_lines": [
          89.405333,
          88.962091,
          87.529548,
          85.68642
        ]
      },
      {
        "date": "2025-10-10",
        "close": 87.915001,
        "volume": 5305,
        "typical_volume": 13364.45,
        "trend": 83.245834,
        "fair_value": 63.947788,
        "relative_strength": 1.369278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.693906,
        "energy": 44.054913,
        "activity_lines": [
          88.987,
          88.901091,
          87.707952,
          86.013086
        ]
      },
      {
        "date": "2025-10-17",
        "close": 86.730003,
        "volume": 20750,
        "typical_volume": 14236.95,
        "trend": 83.547501,
        "fair_value": 64.220256,
        "relative_strength": 0.654423,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.485376,
        "energy": 28.77656,
        "activity_lines": [
          88.171668,
          88.555,
          87.740357,
          86.237871
        ]
      },
      {
        "date": "2025-10-24",
        "close": 87.639999,
        "volume": 4864,
        "typical_volume": 13992.7,
        "trend": 83.887001,
        "fair_value": 64.483718,
        "relative_strength": -1.453378,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.858531,
        "energy": 20.973265,
        "activity_lines": [
          87.837001,
          88.366637,
          87.837738,
          86.501904
        ]
      },
      {
        "date": "2025-10-31",
        "close": 87.699997,
        "volume": 9005,
        "typical_volume": 14177.4,
        "trend": 84.4675,
        "fair_value": 64.744167,
        "relative_strength": -2.179803,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.651767,
        "energy": 21.150722,
        "activity_lines": [
          87.650333,
          88.196727,
          87.919524,
          86.747903
        ]
      },
      {
        "date": "2025-11-07",
        "close": 87.735001,
        "volume": 41483,
        "typical_volume": 15359.8,
        "trend": 85.012667,
        "fair_value": 64.986218,
        "relative_strength": -1.771282,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.585343,
        "energy": 18.642062,
        "activity_lines": [
          87.584666,
          88.062727,
          87.977047,
          86.95871
        ]
      },
      {
        "date": "2025-11-14",
        "close": 89.084999,
        "volume": 12520,
        "typical_volume": 15639.8,
        "trend": 85.501667,
        "fair_value": 65.237917,
        "relative_strength": -0.413906,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.427574,
        "energy": 22.49403,
        "activity_lines": [
          88.098333,
          88.195091,
          88.134809,
          87.221441
        ]
      },
      {
        "date": "2025-11-21",
        "close": 86.514999,
        "volume": 5612,
        "typical_volume": 13940.55,
        "trend": 85.824834,
        "fair_value": 65.466442,
        "relative_strength": -1.667867,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.086324,
        "energy": 7.790031,
        "activity_lines": [
          87.677332,
          87.838363,
          88.026952,
          87.286817
        ]
      },
      {
        "date": "2025-11-28",
        "close": 90.07,
        "volume": 7650,
        "typical_volume": 13312.3,
        "trend": 86.1995,
        "fair_value": 65.71891,
        "relative_strength": 0.461773,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.342663,
        "energy": 26.65469,
        "activity_lines": [
          88.455666,
          88.180272,
          88.253119,
          87.560699
        ]
      },
      {
        "date": "2025-12-05",
        "close": 90.629997,
        "volume": 28759,
        "typical_volume": 13944.35,
        "trend": 86.564,
        "fair_value": 65.981314,
        "relative_strength": 1.599425,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 62.762205,
        "energy": 41.731414,
        "activity_lines": [
          89.258665,
          88.614726,
          88.509309,
          87.846537
        ]
      },
      {
        "date": "2025-12-12",
        "close": 92.370003,
        "volume": 25097,
        "typical_volume": 14763.8,
        "trend": 86.9075,
        "fair_value": 66.26359,
        "relative_strength": 3.625369,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.919065,
        "energy": 63.988912,
        "activity_lines": [
          90.446333,
          89.342091,
          88.907762,
          88.221118
        ]
      },
      {
        "date": "2025-12-19",
        "close": 93.669998,
        "volume": 25498,
        "typical_volume": 15597.85,
        "trend": 87.331333,
        "fair_value": 66.547981,
        "relative_strength": 2.351064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.433716,
        "energy": 79.328936,
        "activity_lines": [
          91.758333,
          90.256818,
          89.405404,
          88.657408
        ]
      },
      {
        "date": "2025-12-26",
        "close": 95.190002,
        "volume": 9471,
        "typical_volume": 14926.65,
        "trend": 87.765167,
        "fair_value": 66.839968,
        "relative_strength": 4.156559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.474259,
        "energy": 85.522692,
        "activity_lines": [
          93.271334,
          91.343273,
          90.002167,
          89.164419
        ]
      },
      {
        "date": "2026-01-02",
        "close": 94.425003,
        "volume": 4339,
        "typical_volume": 14937.65,
        "trend": 88.1405,
        "fair_value": 67.117308,
        "relative_strength": 2.354535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.604835,
        "energy": 83.942485,
        "activity_lines": [
          93.951001,
          92.136819,
          90.483762,
          89.594086
        ]
      },
      {
        "date": "2026-01-09",
        "close": 95.32,
        "volume": 39086,
        "typical_volume": 16849.3,
        "trend": 88.587667,
        "fair_value": 67.390769,
        "relative_strength": 1.404703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.830908,
        "energy": 85.084413,
        "activity_lines": [
          94.638668,
          92.969728,
          91.020262,
          90.05728
        ]
      },
      {
        "date": "2026-01-16",
        "close": 94.760002,
        "volume": 15746,
        "typical_volume": 15416.1,
        "trend": 89.020167,
        "fair_value": 67.663654,
        "relative_strength": -0.357844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.577933,
        "energy": 80.144921,
        "activity_lines": [
          94.827001,
          93.562274,
          91.474881,
          90.455495
        ]
      },
      {
        "date": "2026-01-23",
        "close": 93.129997,
        "volume": 8132,
        "typical_volume": 15244.25,
        "trend": 89.301,
        "fair_value": 67.915417,
        "relative_strength": -1.206324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.725309,
        "energy": 53.585584,
        "activity_lines": [
          94.312667,
          93.730728,
          91.746286,
          90.720645
        ]
      },
      {
        "date": "2026-01-30",
        "close": 93.910004,
        "volume": 21978,
        "typical_volume": 15789.6,
        "trend": 89.579333,
        "fair_value": 68.170545,
        "relative_strength": -1.19456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.357818,
        "energy": 47.097406,
        "activity_lines": [
          94.094334,
          93.967455,
          92.067,
          91.018
        ]
      },
      {
        "date": "2026-02-06",
        "close": 95.264999,
        "volume": 11247,
        "typical_volume": 15881.95,
        "trend": 89.915667,
        "fair_value": 68.43782,
        "relative_strength": -1.220464,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.485626,
        "energy": 46.489227,
        "activity_lines": [
          94.413,
          94.316092,
          92.495238,
          91.384817
        ]
      },
      {
        "date": "2026-02-13",
        "close": 92.720001,
        "volume": 56079,
        "typical_volume": 18229.55,
        "trend": 90.1495,
        "fair_value": 68.690256,
        "relative_strength": -4.5272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.063841,
        "energy": 30.097618,
        "activity_lines": [
          93.827334,
          94.107546,
          92.653929,
          91.565742
        ]
      },
      {
        "date": "2026-02-20",
        "close": 93.699997,
        "volume": 8046,
        "typical_volume": 18033.35,
        "trend": 90.366167,
        "fair_value": 68.955769,
        "relative_strength": -5.62879,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.034737,
        "energy": 29.034801,
        "activity_lines": [
          93.741666,
          94.039182,
          92.889857,
          91.794806
        ]
      },
      {
        "date": "2026-02-27",
        "close": 93.169998,
        "volume": 3413,
        "typical_volume": 17938.75,
        "trend": 90.669,
        "fair_value": 69.214263,
        "relative_strength": -8.011844,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.420506,
        "energy": 24.720702,
        "activity_lines": [
          93.549999,
          93.850272,
          93.056143,
          91.975699
        ]
      },
      {
        "date": "2026-03-06",
        "close": 88.495003,
        "volume": 6504,
        "typical_volume": 17226.45,
        "trend": 90.742,
        "fair_value": 69.459167,
        "relative_strength": -7.274128,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.651773,
        "energy": 13.167636,
        "activity_lines": [
          91.797333,
          92.820455,
          92.752167,
          91.835441
        ]
      },
      {
        "date": "2026-03-13",
        "close": 86.675003,
        "volume": 16250,
        "typical_volume": 17795.75,
        "trend": 90.696,
        "fair_value": 69.716346,
        "relative_strength": -8.90285,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -38.726475,
        "energy": 38.045726,
        "activity_lines": [
          89.799001,
          91.581455,
          92.266453,
          91.573054
        ]
      },
      {
        "date": "2026-03-20",
        "close": 86.25,
        "volume": 17621,
        "typical_volume": 18226.55,
        "trend": 90.5935,
        "fair_value": 69.971122,
        "relative_strength": -6.159545,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.040913,
        "energy": 56.653849,
        "activity_lines": [
          88.231668,
          90.406091,
          91.744858,
          91.286215
        ]
      },
      {
        "date": "2026-03-27",
        "close": 85.68,
        "volume": 12736,
        "typical_volume": 16789.2,
        "trend": 90.486667,
        "fair_value": 70.208109,
        "relative_strength": -7.17167,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.039064,
        "energy": 66.417907,
        "activity_lines": [
          86.905668,
          89.292,
          91.175881,
          90.969215
        ]
      },
      {
        "date": "2026-04-03",
        "close": 88.654999,
        "volume": 7535,
        "typical_volume": 16539.95,
        "trend": 90.512333,
        "fair_value": 70.463974,
        "relative_strength": -8.220043,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.489857,
        "energy": 58.591975,
        "activity_lines": [
          87.106,
          88.883909,
          90.900024,
          90.851043
        ]
      },
      {
        "date": "2026-04-10",
        "close": 92.059998,
        "volume": 76415,
        "typical_volume": 20080.1,
        "trend": 90.601333,
        "fair_value": 70.733301,
        "relative_strength": -6.117034,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.67068,
        "energy": 24.153988,
        "activity_lines": [
          88.742333,
          89.176273,
          90.9505,
          90.950893
        ]
      },
      {
        "date": "2026-04-17",
        "close": 95.580002,
        "volume": 9238,
        "typical_volume": 20159.5,
        "trend": 90.802,
        "fair_value": 71.023333,
        "relative_strength": -3.13396,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 29.548811,
        "energy": 18.143679,
        "activity_lines": [
          91.314333,
          90.142273,
          91.30981,
          91.272097
        ]
      },
      {
        "date": "2026-04-24",
        "close": 92.625,
        "volume": 11554,
        "typical_volume": 19299.25,
        "trend": 90.9115,
        "fair_value": 71.295641,
        "relative_strength": -3.47843,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.171312,
        "energy": 21.173261,
        "activity_lines": [
          92.307667,
          90.565273,
          91.361453,
          91.38971
        ]
      },
      {
        "date": "2026-05-01",
        "close": 94.464996,
        "volume": 4828,
        "typical_volume": 18285.8,
        "trend": 91.071167,
        "fair_value": 71.586026,
        "relative_strength": -1.40532,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 40.318093,
        "energy": 36.356605,
        "activity_lines": [
          93.489332,
          91.324545,
          91.578833,
          91.618968
        ]
      },
      {
        "date": "2026-05-08",
        "close": 93.489998,
        "volume": 29614,
        "typical_volume": 18491.6,
        "trend": 91.257,
        "fair_value": 71.873077,
        "relative_strength": -1.138727,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 45.028404,
        "energy": 36.56237,
        "activity_lines": [
          93.760332,
          91.892635,
          91.693381,
          91.775021
        ]
      },
      {
        "date": "2026-05-15",
        "close": 92.620003,
        "volume": 2876,
        "typical_volume": 18161.85,
        "trend": 91.453333,
        "fair_value": 72.149295,
        "relative_strength": -1.621829,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 42.638035,
        "energy": 36.230688,
        "activity_lines": [
          93.419,
          92.296727,
          91.725928,
          91.862957
        ]
      },
      {
        "date": "2026-05-22",
        "close": 94.82,
        "volume": 2691,
        "typical_volume": 18079.45,
        "trend": 91.692667,
        "fair_value": 72.444904,
        "relative_strength": -1.845585,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 50.520102,
        "energy": 33.289021,
        "activity_lines": [
          93.773667,
          93.025818,
          91.980238,
          92.080161
        ]
      },
      {
        "date": "2026-05-29",
        "close": 94.57,
        "volume": 1653,
        "typical_volume": 16207.8,
        "trend": 91.921667,
        "fair_value": 72.731891,
        "relative_strength": -1.510382,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.960761,
        "energy": 29.601361,
        "activity_lines": [
          94.095667,
          93.561363,
          92.208857,
          92.265796
        ]
      },
      {
        "date": "2026-06-05",
        "close": 94.449997,
        "volume": 75,
        "typical_volume": 15424.25,
        "trend": 92.1455,
        "fair_value": 73.015833,
        "relative_strength": -1.182604,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.372554,
        "energy": 34.179131,
        "activity_lines": [
          94.247999,
          93.923817,
          92.429619,
          92.428914
        ]
      },
      {
        "date": "2026-06-12",
        "close": 96.705002,
        "volume": 494,
        "typical_volume": 15042.35,
        "trend": 92.3995,
        "fair_value": 73.308013,
        "relative_strength": 0.179724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.375222,
        "energy": 56.731654,
        "activity_lines": [
          95.153,
          94.536818,
          92.866619,
          92.723075
        ]
      },
      {
        "date": "2026-06-19",
        "close": 97.605003,
        "volume": 2771,
        "typical_volume": 14082.0,
        "trend": 92.769167,
        "fair_value": 73.614776,
        "relative_strength": 2.14886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.891098,
        "energy": 67.27483,
        "activity_lines": [
          96.143668,
          95.167091,
          93.37231,
          93.058914
        ]
      },
      {
        "date": "2026-06-26",
        "close": 97.620003,
        "volume": 60,
        "typical_volume": 13522.65,
        "trend": 93.020834,
        "fair_value": 73.912276,
        "relative_strength": 0.828512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.743772,
        "energy": 72.678929,
        "activity_lines": [
          96.807002,
          95.699274,
          93.861834,
          93.371871
        ]
      },
      {
        "date": "2026-07-03",
        "close": 100.669998,
        "volume": 324,
        "typical_volume": 10734.9,
        "trend": 93.3555,
        "fair_value": 74.231923,
        "relative_strength": 2.371583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.815991,
        "energy": 85.737413,
        "activity_lines": [
          98.300334,
          96.74891,
          94.630619,
          93.865366
        ]
      },
      {
        "date": "2026-07-10",
        "close": 101.464996,
        "volume": 15215,
        "typical_volume": 11093.35,
        "trend": 93.658667,
        "fair_value": 74.545705,
        "relative_strength": 4.935396,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.302781,
        "energy": 90.730088,
        "activity_lines": [
          99.651999,
          97.796818,
          95.437262,
          94.388559
        ]
      },
      {
        "date": "2026-07-17",
        "close": 102.699997,
        "volume": 4385,
        "typical_volume": 11141.95,
        "trend": 93.959667,
        "fair_value": 74.859936,
        "relative_strength": 5.145101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.881311,
        "energy": 93.706191,
        "activity_lines": [
          100.947665,
          98.941999,
          96.324547,
          94.971871
        ]
      },
      {
        "date": "2026-07-24",
        "close": 103.125,
        "volume": 10167,
        "typical_volume": 11325.1,
        "trend": 94.224167,
        "fair_value": 75.175,
        "relative_strength": 4.235132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.715251,
        "energy": 92.869897,
        "activity_lines": [
          101.985332,
          99.996999,
          97.206928,
          95.563182
        ]
      },
      {
        "date": "2026-07-31",
        "close": 104.150002,
        "volume": 21692,
        "typical_volume": 11597.2,
        "trend": 94.548333,
        "fair_value": 75.500801,
        "relative_strength": 3.92611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.042631,
        "energy": 92.958379,
        "activity_lines": [
          102.996666,
          101.047363,
          98.117262,
          96.203559
        ]
      },
      {
        "date": "2026-08-07",
        "close": 105.580002,
        "volume": 55943,
        "typical_volume": 13513.3,
        "trend": 94.890333,
        "fair_value": 75.84,
        "relative_strength": 4.991037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.6845,
        "energy": 94.219616,
        "activity_lines": [
          104.049334,
          102.188091,
          99.080571,
          96.91528
        ]
      }
    ],
    "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."
    }
  }
}