{
  "ticker": {
    "uuid": "d01da389-eccb-4c39-a2fe-6ae6dd578fab",
    "symbol": "WOSG",
    "name": "Watches of Switzerland Group PLC",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "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": 63.395,
    "architecture_energy": 47.912,
    "architecture_maturity": 91.828,
    "architecture_confidence": 72.559,
    "architecture_tenure": "Established",
    "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": 16.75,
        "rotation_up": 46.34,
        "upward_expansion": 78.39,
        "deceleration": 71.31,
        "rotation_down": 27.6,
        "downward_expansion": 7.39
      },
      "activity_lines": [
        739.133333,
        735.590909,
        697.486667,
        648.623011
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 752.5,
    "trend_reference": 592.466667,
    "distance_from_trend": 0.270114,
    "trend_direction": "Improving",
    "fair_value": 476.123077,
    "distance_from_fair_value": 0.580474,
    "fair_value_direction": "Improving",
    "relative_strength": 36.187339,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.549629,
    "excess_performance": 0.498394,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.270114,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.174465,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.580474,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.404869,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.361873,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.144785,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.549629,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.732392,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2028250,
      "relative_activity": 0.765162,
      "balance": 3.732392,
      "dry_up": 1.185972,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.088786,
      "annualized_volatility": 0.394498,
      "from_high_reference": -0.061135,
      "from_low_reference": 1.379823
    },
    "levels": {
      "trend_reference": 592.466667,
      "fair_value_reference": 476.123077,
      "structural_low": 426.399994,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 24,
        "median_return": 0.004836,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.008097,
        "regime_survival": 0.708333,
        "best_return": 0.263063,
        "worst_return": -0.212658,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.092982,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": 0.011675,
        "regime_survival": 0.5,
        "best_return": 0.412916,
        "worst_return": -0.236652,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.108275,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.148908,
        "regime_survival": 0.4,
        "best_return": 0.59116,
        "worst_return": -0.472222,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.266365,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.299697,
        "regime_survival": 0.0,
        "best_return": -0.160221,
        "worst_return": -0.289278,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-06",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": -0.062278,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-31",
        "end": "2025-02-07",
        "tenure": "New",
        "return": -0.006957,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-14",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": -0.212658,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.215544,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": 0.169801,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-27",
        "end": "2025-07-11",
        "tenure": "New",
        "return": -0.12512,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-18",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": 0.068371,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-10",
        "end": "2025-10-24",
        "tenure": "New",
        "return": 0.073374,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-10-31",
        "end": "2025-11-21",
        "tenure": "New",
        "return": 0.118186,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-28",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.015814,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-16",
        "end": "2026-01-23",
        "tenure": "New",
        "return": 0.089796,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-30",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": -0.014465,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-06",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.067708,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.355856,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 706.5,
        "volume": 2395468,
        "typical_volume": 3909351.25,
        "trend": 750.6,
        "fair_value": 842.865385,
        "relative_strength": -8.141534,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.042283,
        "energy": 12.807521,
        "activity_lines": [
          709.033333,
          694.590909,
          689.471429,
          709.892473
        ]
      },
      {
        "date": "2023-08-25",
        "close": 548.5,
        "volume": 16803995,
        "typical_volume": 4626594.9,
        "trend": 737.183333,
        "fair_value": 844.185897,
        "relative_strength": -29.015704,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -68.378752,
        "energy": 35.61178,
        "activity_lines": [
          654.6,
          671.072727,
          674.77619,
          696.853763
        ]
      },
      {
        "date": "2023-09-01",
        "close": 589.5,
        "volume": 10782570,
        "typical_volume": 5021778.85,
        "trend": 723.433333,
        "fair_value": 845.817308,
        "relative_strength": -24.625901,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -61.622192,
        "energy": 51.640772,
        "activity_lines": [
          625.1,
          656.981818,
          665.0,
          687.325806
        ]
      },
      {
        "date": "2023-09-08",
        "close": 604.0,
        "volume": 4675085,
        "typical_volume": 5028536.35,
        "trend": 715.383333,
        "fair_value": 847.628205,
        "relative_strength": -22.40139,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.931964,
        "energy": 59.41037,
        "activity_lines": [
          609.1,
          646.1,
          657.314286,
          679.62043
        ]
      },
      {
        "date": "2023-09-15",
        "close": 598.5,
        "volume": 3874117,
        "typical_volume": 4916031.7,
        "trend": 706.1,
        "fair_value": 849.403846,
        "relative_strength": -24.930475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.158491,
        "energy": 62.703846,
        "activity_lines": [
          598.7,
          634.336364,
          649.835714,
          672.07957
        ]
      },
      {
        "date": "2023-09-22",
        "close": 574.5,
        "volume": 2450289,
        "typical_volume": 4867166.9,
        "trend": 697.583333,
        "fair_value": 851.035256,
        "relative_strength": -27.192314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.765032,
        "energy": 60.093264,
        "activity_lines": [
          587.066667,
          618.481818,
          641.180952,
          663.589247
        ]
      },
      {
        "date": "2023-09-29",
        "close": 535.0,
        "volume": 4362642,
        "typical_volume": 4988301.9,
        "trend": 688.133333,
        "fair_value": 852.253205,
        "relative_strength": -31.168909,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.31826,
        "energy": 56.215079,
        "activity_lines": [
          571.066667,
          598.045455,
          629.704762,
          653.1
        ]
      },
      {
        "date": "2023-10-06",
        "close": 518.5,
        "volume": 3280659,
        "typical_volume": 4828970.2,
        "trend": 678.35,
        "fair_value": 852.897436,
        "relative_strength": -31.847817,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.214009,
        "energy": 60.234783,
        "activity_lines": [
          550.466667,
          577.927273,
          617.764286,
          642.155914
        ]
      },
      {
        "date": "2023-10-13",
        "close": 495.600006,
        "volume": 4550033,
        "typical_volume": 4836527.6,
        "trend": 670.103334,
        "fair_value": 853.446154,
        "relative_strength": -35.224319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.292863,
        "energy": 71.745567,
        "activity_lines": [
          526.966669,
          557.300001,
          604.321429,
          630.365592
        ]
      },
      {
        "date": "2023-10-20",
        "close": 489.0,
        "volume": 4345686,
        "typical_volume": 4899081.3,
        "trend": 660.82,
        "fair_value": 853.958974,
        "relative_strength": -33.850339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.489952,
        "energy": 75.765846,
        "activity_lines": [
          508.493335,
          539.47091,
          591.054286,
          618.681506
        ]
      },
      {
        "date": "2023-10-27",
        "close": 503.0,
        "volume": 4272090,
        "typical_volume": 4973175.2,
        "trend": 650.403334,
        "fair_value": 854.651282,
        "relative_strength": -30.329887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.551037,
        "energy": 72.515226,
        "activity_lines": [
          501.986668,
          528.023637,
          580.022858,
          608.49957
        ]
      },
      {
        "date": "2023-11-03",
        "close": 531.5,
        "volume": 3123488,
        "typical_volume": 4940299.75,
        "trend": 642.736667,
        "fair_value": 855.430128,
        "relative_strength": -26.97178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.468608,
        "energy": 60.007424,
        "activity_lines": [
          509.746667,
          525.458183,
          572.381905,
          600.828387
        ]
      },
      {
        "date": "2023-11-10",
        "close": 574.5,
        "volume": 6664745,
        "typical_volume": 5161278.3,
        "trend": 637.27,
        "fair_value": 856.225,
        "relative_strength": -19.569459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.013948,
        "energy": 33.968805,
        "activity_lines": [
          532.073334,
          531.020001,
          569.43381,
          596.426022
        ]
      },
      {
        "date": "2023-11-17",
        "close": 603.0,
        "volume": 3419356,
        "typical_volume": 5226080.15,
        "trend": 632.12,
        "fair_value": 857.067949,
        "relative_strength": -16.298654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.119009,
        "energy": 18.858042,
        "activity_lines": [
          560.166667,
          542.036364,
          569.421429,
          594.215054
        ]
      },
      {
        "date": "2023-11-24",
        "close": 603.0,
        "volume": 2458490,
        "typical_volume": 5032554.5,
        "trend": 624.503334,
        "fair_value": 857.792308,
        "relative_strength": -15.162769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.518174,
        "energy": 23.686895,
        "activity_lines": [
          581.1,
          553.07091,
          569.444762,
          592.336344
        ]
      },
      {
        "date": "2023-12-01",
        "close": 659.5,
        "volume": 3036854,
        "typical_volume": 4671246.85,
        "trend": 620.753334,
        "fair_value": 858.692949,
        "relative_strength": -6.831687,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 5.331061,
        "energy": 24.63096,
        "activity_lines": [
          613.266667,
          574.296364,
          574.899048,
          594.594194
        ]
      },
      {
        "date": "2023-12-08",
        "close": 669.5,
        "volume": 2595543,
        "typical_volume": 4558507.4,
        "trend": 617.486667,
        "fair_value": 859.670513,
        "relative_strength": -5.007068,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 33.812942,
        "energy": 39.144259,
        "activity_lines": [
          638.333333,
          595.794546,
          581.581905,
          597.73914
        ]
      },
      {
        "date": "2023-12-15",
        "close": 695.5,
        "volume": 3632451,
        "typical_volume": 4630925.8,
        "trend": 618.636667,
        "fair_value": 860.583974,
        "relative_strength": -1.132344,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.134704,
        "energy": 59.116205,
        "activity_lines": [
          662.866667,
          619.574546,
          590.969524,
          602.772258
        ]
      },
      {
        "date": "2023-12-22",
        "close": 676.5,
        "volume": 2756569,
        "typical_volume": 4616200.05,
        "trend": 619.036667,
        "fair_value": 861.164103,
        "relative_strength": -4.935881,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.160431,
        "energy": 56.915055,
        "activity_lines": [
          673.0,
          636.681818,
          598.661905,
          606.505377
        ]
      },
      {
        "date": "2023-12-29",
        "close": 708.5,
        "volume": 1267440,
        "typical_volume": 4537378.5,
        "trend": 620.036667,
        "fair_value": 861.994231,
        "relative_strength": -0.516093,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.505176,
        "energy": 62.265031,
        "activity_lines": [
          688.9,
          656.318182,
          609.587619,
          612.277205
        ]
      },
      {
        "date": "2024-01-05",
        "close": 631.0,
        "volume": 1593702,
        "typical_volume": 4497290.2,
        "trend": 619.57,
        "fair_value": 862.128846,
        "relative_strength": -10.154656,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.73919,
        "energy": 34.7732,
        "activity_lines": [
          671.933333,
          657.872727,
          613.091905,
          612.984516
        ]
      },
      {
        "date": "2024-01-12",
        "close": 614.0,
        "volume": 1665944,
        "typical_volume": 3740387.65,
        "trend": 618.136667,
        "fair_value": 862.019872,
        "relative_strength": -10.961382,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.693632,
        "energy": 18.555472,
        "activity_lines": [
          651.2,
          654.009091,
          615.336667,
          612.625162
        ]
      },
      {
        "date": "2024-01-19",
        "close": 385.600006,
        "volume": 18636430,
        "typical_volume": 4133080.65,
        "trend": 610.29,
        "fair_value": 860.325,
        "relative_strength": -41.986477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.86798,
        "energy": 40.165751,
        "activity_lines": [
          558.033335,
          607.118183,
          595.517144,
          597.622796
        ]
      },
      {
        "date": "2024-01-26",
        "close": 388.799988,
        "volume": 7946080,
        "typical_volume": 4296630.4,
        "trend": 602.9,
        "fair_value": 858.714744,
        "relative_strength": -41.935087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.049879,
        "energy": 60.128514,
        "activity_lines": [
          486.593331,
          564.243635,
          576.973333,
          583.333118
        ]
      },
      {
        "date": "2024-02-02",
        "close": 359.600006,
        "volume": 4418920,
        "typical_volume": 4323870.55,
        "trend": 594.436667,
        "fair_value": 856.789103,
        "relative_strength": -45.20137,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.335374,
        "energy": 87.296754,
        "activity_lines": [
          424.6,
          519.954545,
          556.673333,
          567.636344
        ]
      },
      {
        "date": "2024-02-09",
        "close": 393.799988,
        "volume": 5174666,
        "typical_volume": 4460089.4,
        "trend": 583.646666,
        "fair_value": 855.300641,
        "relative_strength": -38.896179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.521179,
        "energy": 86.700009,
        "activity_lines": [
          397.266663,
          486.309089,
          540.768094,
          554.692042
        ]
      },
      {
        "date": "2024-02-16",
        "close": 423.600006,
        "volume": 4912703,
        "typical_volume": 4487592.45,
        "trend": 573.85,
        "fair_value": 854.009615,
        "relative_strength": -34.651075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.071847,
        "energy": 84.735918,
        "activity_lines": [
          395.679999,
          462.912726,
          528.561428,
          544.366451
        ]
      },
      {
        "date": "2024-02-23",
        "close": 425.600006,
        "volume": 3884170,
        "typical_volume": 4517768.0,
        "trend": 564.053334,
        "fair_value": 852.648077,
        "relative_strength": -33.534382,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.006069,
        "energy": 77.292117,
        "activity_lines": [
          407.453335,
          444.350909,
          517.075714,
          534.801936
        ]
      },
      {
        "date": "2024-03-01",
        "close": 414.200012,
        "volume": 5082752,
        "typical_volume": 4544403.95,
        "trend": 554.010001,
        "fair_value": 851.258333,
        "relative_strength": -34.368829,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.648745,
        "energy": 53.568004,
        "activity_lines": [
          412.760006,
          428.623639,
          504.946668,
          525.133979
        ]
      },
      {
        "date": "2024-03-08",
        "close": 377.0,
        "volume": 6676915,
        "typical_volume": 4660965.4,
        "trend": 543.243334,
        "fair_value": 849.380128,
        "relative_strength": -39.295668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.240642,
        "energy": 54.669034,
        "activity_lines": [
          403.973338,
          410.90182,
          489.662382,
          513.713979
        ]
      },
      {
        "date": "2024-03-15",
        "close": 374.600006,
        "volume": 8485335,
        "typical_volume": 4871627.65,
        "trend": 532.180001,
        "fair_value": 847.26859,
        "relative_strength": -39.452112,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.902506,
        "energy": 54.768702,
        "activity_lines": [
          393.226672,
          398.770912,
          474.682859,
          502.833765
        ]
      },
      {
        "date": "2024-03-22",
        "close": 333.399994,
        "volume": 6196265,
        "typical_volume": 5025266.5,
        "trend": 525.010001,
        "fair_value": 845.16218,
        "relative_strength": -46.705592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.290014,
        "energy": 64.538115,
        "activity_lines": [
          370.026668,
          383.810911,
          456.390953,
          490.009248
        ]
      },
      {
        "date": "2024-03-29",
        "close": 358.600006,
        "volume": 4478949,
        "typical_volume": 4915976.7,
        "trend": 517.313334,
        "fair_value": 843.037821,
        "relative_strength": -41.959768,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.174534,
        "energy": 70.827447,
        "activity_lines": [
          361.240002,
          378.534548,
          441.442382,
          479.273119
        ]
      },
      {
        "date": "2024-04-05",
        "close": 355.0,
        "volume": 3489463,
        "typical_volume": 4919482.05,
        "trend": 509.013334,
        "fair_value": 840.589103,
        "relative_strength": -41.466737,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.827868,
        "energy": 74.32687,
        "activity_lines": [
          355.720001,
          373.094548,
          427.179049,
          468.801291
        ]
      },
      {
        "date": "2024-04-12",
        "close": 355.600006,
        "volume": 3545359,
        "typical_volume": 4973825.5,
        "trend": 500.916668,
        "fair_value": 838.182692,
        "relative_strength": -41.259688,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.054681,
        "energy": 69.524245,
        "activity_lines": [
          354.346669,
          368.378185,
          414.153811,
          458.903657
        ]
      },
      {
        "date": "2024-04-19",
        "close": 342.399994,
        "volume": 4224754,
        "typical_volume": 5033220.5,
        "trend": 493.180001,
        "fair_value": 835.730128,
        "relative_strength": -41.954157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.349675,
        "energy": 84.505432,
        "activity_lines": [
          350.0,
          361.334547,
          401.049525,
          448.676775
        ]
      },
      {
        "date": "2024-04-26",
        "close": 344.0,
        "volume": 7499545,
        "typical_volume": 5278420.6,
        "trend": 486.813334,
        "fair_value": 833.236539,
        "relative_strength": -42.492002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.656538,
        "energy": 80.310734,
        "activity_lines": [
          348.333333,
          355.516365,
          389.60762,
          439.052259
        ]
      },
      {
        "date": "2024-05-03",
        "close": 332.0,
        "volume": 4875806,
        "typical_volume": 5340588.35,
        "trend": 480.596667,
        "fair_value": 830.685257,
        "relative_strength": -44.136124,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.417031,
        "energy": 79.234071,
        "activity_lines": [
          341.96,
          348.963637,
          378.572858,
          429.064302
        ]
      },
      {
        "date": "2024-05-10",
        "close": 334.0,
        "volume": 15495447,
        "typical_volume": 5977532.25,
        "trend": 475.210001,
        "fair_value": 828.332692,
        "relative_strength": -44.390115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.406063,
        "energy": 76.789853,
        "activity_lines": [
          338.026666,
          344.476364,
          369.459525,
          419.606452
        ]
      },
      {
        "date": "2024-05-17",
        "close": 406.399994,
        "volume": 12059501,
        "typical_volume": 6517135.3,
        "trend": 472.456667,
        "fair_value": 825.873718,
        "relative_strength": -31.544225,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.264214,
        "energy": 42.289619,
        "activity_lines": [
          359.626664,
          354.610908,
          368.872381,
          415.167097
        ]
      },
      {
        "date": "2024-05-24",
        "close": 408.600006,
        "volume": 7829550,
        "typical_volume": 6828927.7,
        "trend": 469.310001,
        "fair_value": 823.454487,
        "relative_strength": -29.59412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.612862,
        "energy": 25.845769,
        "activity_lines": [
          378.573334,
          364.610909,
          369.933334,
          411.047313
        ]
      },
      {
        "date": "2024-05-31",
        "close": 409.600006,
        "volume": 3538276,
        "typical_volume": 6922544.3,
        "trend": 465.246667,
        "fair_value": 820.894231,
        "relative_strength": -28.277226,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.647317,
        "energy": 22.52099,
        "activity_lines": [
          393.440002,
          374.174547,
          372.148573,
          407.195055
        ]
      },
      {
        "date": "2024-06-07",
        "close": 414.399994,
        "volume": 4318625,
        "typical_volume": 6206654.05,
        "trend": 459.910001,
        "fair_value": 818.133975,
        "relative_strength": -26.454748,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -2.678713,
        "energy": 23.783473,
        "activity_lines": [
          405.533333,
          383.225454,
          375.794286,
          403.914624
        ]
      },
      {
        "date": "2024-06-14",
        "close": 389.200012,
        "volume": 2841938,
        "typical_volume": 5951446.95,
        "trend": 452.783334,
        "fair_value": 815.250641,
        "relative_strength": -29.332456,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.540562,
        "energy": 20.99148,
        "activity_lines": [
          403.733337,
          386.680002,
          376.902859,
          399.35269
        ]
      },
      {
        "date": "2024-06-21",
        "close": 392.200012,
        "volume": 2985072,
        "typical_volume": 5879754.55,
        "trend": 445.756668,
        "fair_value": 812.457052,
        "relative_strength": -28.851905,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.817427,
        "energy": 15.608026,
        "activity_lines": [
          399.253341,
          390.058186,
          378.295241,
          395.444088
        ]
      },
      {
        "date": "2024-06-28",
        "close": 414.0,
        "volume": 3928504,
        "typical_volume": 5817446.45,
        "trend": 437.573335,
        "fair_value": 809.457052,
        "relative_strength": -23.553398,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.678525,
        "energy": 10.35551,
        "activity_lines": [
          402.986672,
          396.734549,
          381.608574,
          393.395271
        ]
      },
      {
        "date": "2024-07-05",
        "close": 414.200012,
        "volume": 3522240,
        "typical_volume": 5747923.3,
        "trend": 429.063335,
        "fair_value": 806.310898,
        "relative_strength": -23.128641,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.277557,
        "energy": 8.106132,
        "activity_lines": [
          406.426674,
          402.14546,
          384.844765,
          391.887315
        ]
      },
      {
        "date": "2024-07-12",
        "close": 406.600006,
        "volume": 2388580,
        "typical_volume": 5673143.8,
        "trend": 419.433335,
        "fair_value": 803.039103,
        "relative_strength": -23.935023,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.857545,
        "energy": 10.407582,
        "activity_lines": [
          407.026674,
          404.898188,
          387.401908,
          390.438068
        ]
      },
      {
        "date": "2024-07-19",
        "close": 405.799988,
        "volume": 2954236,
        "typical_volume": 5566718.0,
        "trend": 410.410002,
        "fair_value": 799.435257,
        "relative_strength": -22.166192,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.661226,
        "energy": 11.204483,
        "activity_lines": [
          407.880001,
          406.149094,
          389.973336,
          389.558497
        ]
      },
      {
        "date": "2024-07-26",
        "close": 410.600006,
        "volume": 2094277,
        "typical_volume": 5337586.1,
        "trend": 400.480002,
        "fair_value": 795.61859,
        "relative_strength": -21.442403,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.177584,
        "energy": 17.207426,
        "activity_lines": [
          409.226668,
          406.967276,
          393.041907,
          389.570755
        ]
      },
      {
        "date": "2024-08-02",
        "close": 382.399994,
        "volume": 2903684,
        "typical_volume": 5058503.55,
        "trend": 392.193335,
        "fair_value": 791.646795,
        "relative_strength": -24.747504,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.492963,
        "energy": 4.553252,
        "activity_lines": [
          399.946665,
          402.58182,
          393.264764,
          388.404303
        ]
      },
      {
        "date": "2024-08-09",
        "close": 377.399994,
        "volume": 2646417,
        "typical_volume": 4881011.15,
        "trend": 384.306668,
        "fair_value": 787.527564,
        "relative_strength": -24.578796,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 21.270537,
        "energy": 13.327592,
        "activity_lines": [
          391.106663,
          397.763636,
          392.974287,
          387.449894
        ]
      },
      {
        "date": "2024-08-16",
        "close": 391.600006,
        "volume": 1683337,
        "typical_volume": 4741230.55,
        "trend": 384.506668,
        "fair_value": 783.550641,
        "relative_strength": -21.859771,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 24.065494,
        "energy": 15.636883,
        "activity_lines": [
          389.453333,
          396.112728,
          393.826668,
          387.920432
        ]
      },
      {
        "date": "2024-08-23",
        "close": 413.799988,
        "volume": 1940794,
        "typical_volume": 4663797.1,
        "trend": 385.340001,
        "fair_value": 779.651923,
        "relative_strength": -16.928808,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 37.053067,
        "energy": 18.773396,
        "activity_lines": [
          396.199996,
          398.912725,
          396.636191,
          389.810323
        ]
      },
      {
        "date": "2024-08-30",
        "close": 395.399994,
        "volume": 1479834,
        "typical_volume": 4560520.85,
        "trend": 386.533334,
        "fair_value": 775.673718,
        "relative_strength": -20.270682,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 28.360975,
        "energy": 12.186425,
        "activity_lines": [
          396.279995,
          397.919997,
          397.413333,
          390.459355
        ]
      },
      {
        "date": "2024-09-06",
        "close": 373.399994,
        "volume": 2434279,
        "typical_volume": 4470997.1,
        "trend": 385.853335,
        "fair_value": 771.464744,
        "relative_strength": -22.02156,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 4.669444,
        "energy": 3.268718,
        "activity_lines": [
          390.039994,
          392.869087,
          395.905713,
          389.612043
        ]
      },
      {
        "date": "2024-09-13",
        "close": 392.0,
        "volume": 1298455,
        "typical_volume": 4160942.6,
        "trend": 384.800001,
        "fair_value": 767.516026,
        "relative_strength": -18.231458,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 15.949785,
        "energy": 7.242172,
        "activity_lines": [
          390.599996,
          391.938178,
          396.021904,
          390.008602
        ]
      },
      {
        "date": "2024-09-20",
        "close": 398.600006,
        "volume": 3309142,
        "typical_volume": 4082609.4,
        "trend": 383.900001,
        "fair_value": 763.680128,
        "relative_strength": -15.682429,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 19.195854,
        "energy": 9.836776,
        "activity_lines": [
          392.386666,
          392.610907,
          396.538095,
          390.898925
        ]
      },
      {
        "date": "2024-09-27",
        "close": 485.799988,
        "volume": 5674381,
        "typical_volume": 3591556.1,
        "trend": 386.286667,
        "fair_value": 760.332692,
        "relative_strength": 2.049764,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.836166,
        "energy": 55.420084,
        "activity_lines": [
          422.77333,
          409.283633,
          405.041903,
          397.473118
        ]
      },
      {
        "date": "2024-10-04",
        "close": 481.600006,
        "volume": 5446336,
        "typical_volume": 3260897.85,
        "trend": 389.773334,
        "fair_value": 756.714744,
        "relative_strength": 2.03671,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.518982,
        "energy": 72.003641,
        "activity_lines": [
          446.96,
          423.73818,
          412.422856,
          403.622365
        ]
      },
      {
        "date": "2024-10-11",
        "close": 468.0,
        "volume": 2366832,
        "typical_volume": 2987761.95,
        "trend": 392.886667,
        "fair_value": 752.817308,
        "relative_strength": -0.23506,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.067914,
        "energy": 74.02207,
        "activity_lines": [
          460.866667,
          434.429089,
          418.150475,
          408.669247
        ]
      },
      {
        "date": "2024-10-18",
        "close": 450.0,
        "volume": 3775367,
        "typical_volume": 2999616.5,
        "trend": 396.773334,
        "fair_value": 748.701923,
        "relative_strength": -4.879241,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.37021,
        "energy": 72.891014,
        "activity_lines": [
          462.466667,
          440.290908,
          421.880951,
          412.353978
        ]
      },
      {
        "date": "2024-10-25",
        "close": 456.0,
        "volume": 2917429,
        "typical_volume": 2929556.7,
        "trend": 400.02,
        "fair_value": 744.36859,
        "relative_strength": -1.874496,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.116649,
        "energy": 62.530002,
        "activity_lines": [
          462.2,
          445.923636,
          425.990475,
          416.175053
        ]
      },
      {
        "date": "2024-11-01",
        "close": 418.0,
        "volume": 2689145,
        "typical_volume": 2921917.05,
        "trend": 402.12,
        "fair_value": 739.804487,
        "relative_strength": -8.623505,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.905197,
        "energy": 31.554476,
        "activity_lines": [
          445.44,
          443.476363,
          426.282856,
          417.335053
        ]
      },
      {
        "date": "2024-11-08",
        "close": 429.200012,
        "volume": 2284434,
        "typical_volume": 2886885.15,
        "trend": 404.573334,
        "fair_value": 734.248077,
        "relative_strength": -4.137091,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.599706,
        "energy": 18.56143,
        "activity_lines": [
          436.933337,
          442.989093,
          427.504762,
          419.082151
        ]
      },
      {
        "date": "2024-11-15",
        "close": 441.399994,
        "volume": 2182068,
        "typical_volume": 2799563.35,
        "trend": 407.873334,
        "fair_value": 728.000641,
        "relative_strength": -0.420221,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.606135,
        "energy": 17.446664,
        "activity_lines": [
          435.986668,
          444.105455,
          429.71238,
          421.458064
        ]
      },
      {
        "date": "2024-11-22",
        "close": 460.600006,
        "volume": 1675129,
        "typical_volume": 2707207.8,
        "trend": 411.760001,
        "fair_value": 722.31218,
        "relative_strength": 2.301577,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.031188,
        "energy": 19.641868,
        "activity_lines": [
          443.213336,
          447.476365,
          433.618095,
          424.859785
        ]
      },
      {
        "date": "2024-11-29",
        "close": 465.0,
        "volume": 2062446,
        "typical_volume": 2690901.1,
        "trend": 416.193334,
        "fair_value": 716.382693,
        "relative_strength": 4.121486,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.617674,
        "energy": 30.961171,
        "activity_lines": [
          451.200002,
          450.400002,
          437.721905,
          428.294624
        ]
      },
      {
        "date": "2024-12-06",
        "close": 562.0,
        "volume": 6266706,
        "typical_volume": 2856524.6,
        "trend": 423.793334,
        "fair_value": 710.908334,
        "relative_strength": 26.465771,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.889388,
        "energy": 72.889845,
        "activity_lines": [
          490.920001,
          469.752729,
          450.785715,
          437.701506
        ]
      },
      {
        "date": "2024-12-13",
        "close": 575.5,
        "volume": 3866880,
        "typical_volume": 2945154.75,
        "trend": 429.430001,
        "fair_value": 706.007693,
        "relative_strength": 30.688684,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.704268,
        "energy": 85.050539,
        "activity_lines": [
          525.54,
          490.174547,
          464.391429,
          447.489032
        ]
      },
      {
        "date": "2024-12-20",
        "close": 568.0,
        "volume": 4598538,
        "typical_volume": 3029897.45,
        "trend": 434.743334,
        "fair_value": 700.225641,
        "relative_strength": 33.278557,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.193573,
        "energy": 85.814605,
        "activity_lines": [
          547.906667,
          507.525456,
          476.497619,
          456.429032
        ]
      },
      {
        "date": "2024-12-27",
        "close": 567.5,
        "volume": 440688,
        "typical_volume": 2919611.0,
        "trend": 440.006667,
        "fair_value": 694.760898,
        "relative_strength": 33.163914,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.327671,
        "energy": 89.251869,
        "activity_lines": [
          561.666667,
          522.967273,
          487.672381,
          464.993979
        ]
      },
      {
        "date": "2025-01-03",
        "close": 530.5,
        "volume": 1081427,
        "typical_volume": 2889515.5,
        "trend": 443.876667,
        "fair_value": 688.930769,
        "relative_strength": 24.160206,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.725419,
        "energy": 82.636195,
        "activity_lines": [
          555.966667,
          529.545455,
          494.418096,
          470.832258
        ]
      },
      {
        "date": "2025-01-10",
        "close": 503.5,
        "volume": 2578828,
        "typical_volume": 2921417.2,
        "trend": 447.686667,
        "fair_value": 684.004487,
        "relative_strength": 18.344519,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.382925,
        "energy": 49.984602,
        "activity_lines": [
          536.9,
          529.86,
          497.930953,
          474.678925
        ]
      },
      {
        "date": "2025-01-17",
        "close": 514.5,
        "volume": 4327372,
        "typical_volume": 3063794.1,
        "trend": 451.763333,
        "fair_value": 679.44359,
        "relative_strength": 16.89589,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.402464,
        "energy": 33.017833,
        "activity_lines": [
          525.4,
          530.62,
          502.064286,
          478.989462
        ]
      },
      {
        "date": "2025-01-24",
        "close": 527.0,
        "volume": 2615539,
        "typical_volume": 3072857.1,
        "trend": 455.53,
        "fair_value": 674.873077,
        "relative_strength": 19.285093,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.976882,
        "energy": 24.07557,
        "activity_lines": [
          522.133333,
          532.101818,
          506.820953,
          483.843441
        ]
      },
      {
        "date": "2025-01-31",
        "close": 575.0,
        "volume": 2679371,
        "typical_volume": 3141902.9,
        "trend": 460.889999,
        "fair_value": 670.546154,
        "relative_strength": 26.680884,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.875777,
        "energy": 34.393938,
        "activity_lines": [
          537.6,
          540.754545,
          515.41762,
          491.551183
        ]
      },
      {
        "date": "2025-02-07",
        "close": 571.0,
        "volume": 3878791,
        "typical_volume": 3170385.35,
        "trend": 466.369999,
        "fair_value": 665.757693,
        "relative_strength": 24.7916,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.120143,
        "energy": 43.145211,
        "activity_lines": [
          551.233333,
          546.6,
          522.761905,
          498.655054
        ]
      },
      {
        "date": "2025-02-14",
        "close": 553.0,
        "volume": 3143675,
        "typical_volume": 3043850.05,
        "trend": 471.276666,
        "fair_value": 661.046154,
        "relative_strength": 20.046223,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.534094,
        "energy": 42.401663,
        "activity_lines": [
          556.166667,
          547.245455,
          527.570953,
          504.244086
        ]
      },
      {
        "date": "2025-02-21",
        "close": 520.0,
        "volume": 1860565,
        "typical_volume": 2864561.5,
        "trend": 474.923333,
        "fair_value": 656.494872,
        "relative_strength": 13.635649,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.328447,
        "energy": 36.50078,
        "activity_lines": [
          546.8,
          542.054545,
          528.917143,
          507.387527
        ]
      },
      {
        "date": "2025-02-28",
        "close": 475.600006,
        "volume": 5201749,
        "typical_volume": 3006307.35,
        "trend": 478.03,
        "fair_value": 653.216667,
        "relative_strength": 2.157097,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 17.870655,
        "energy": 10.023695,
        "activity_lines": [
          522.266669,
          529.800001,
          525.851906,
          507.431183
        ]
      },
      {
        "date": "2025-03-07",
        "close": 451.0,
        "volume": 4365300,
        "typical_volume": 3035804.0,
        "trend": 480.483333,
        "fair_value": 649.453846,
        "relative_strength": -1.776201,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -10.217784,
        "energy": 21.399566,
        "activity_lines": [
          492.960002,
          514.752728,
          520.40762,
          505.687312
        ]
      },
      {
        "date": "2025-03-14",
        "close": 435.399994,
        "volume": 3849551,
        "typical_volume": 3082410.1,
        "trend": 481.943333,
        "fair_value": 644.783334,
        "relative_strength": -4.718796,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -34.655758,
        "energy": 39.596562,
        "activity_lines": [
          466.719999,
          498.987273,
          513.472857,
          502.77871
        ]
      },
      {
        "date": "2025-03-21",
        "close": 442.600006,
        "volume": 3960213,
        "typical_volume": 3145963.5,
        "trend": 482.903334,
        "fair_value": 640.402564,
        "relative_strength": -3.625891,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.702633,
        "energy": 56.557858,
        "activity_lines": [
          451.920001,
          486.260001,
          507.321905,
          500.240431
        ]
      },
      {
        "date": "2025-03-28",
        "close": 433.200012,
        "volume": 2079923,
        "typical_volume": 3135737.95,
        "trend": 484.163334,
        "fair_value": 635.865385,
        "relative_strength": -5.972606,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.207388,
        "energy": 61.886333,
        "activity_lines": [
          441.346671,
          472.930912,
          500.158573,
          497.033765
        ]
      },
      {
        "date": "2025-04-04",
        "close": 344.600006,
        "volume": 9103684,
        "typical_volume": 3481818.75,
        "trend": 483.203335,
        "fair_value": 630.920513,
        "relative_strength": -19.535012,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -62.644813,
        "energy": 76.600619,
        "activity_lines": [
          407.026672,
          444.970913,
          484.538097,
          488.029679
        ]
      },
      {
        "date": "2025-04-11",
        "close": 347.200012,
        "volume": 5091371,
        "typical_volume": 3652630.85,
        "trend": 481.710002,
        "fair_value": 625.800001,
        "relative_strength": -17.977512,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -82.559296,
        "energy": 86.094786,
        "activity_lines": [
          382.306675,
          420.800005,
          469.626194,
          479.255271
        ]
      },
      {
        "date": "2025-04-18",
        "close": 351.0,
        "volume": 2466180,
        "typical_volume": 3672817.55,
        "trend": 480.123335,
        "fair_value": 620.889744,
        "relative_strength": -20.17348,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.832157,
        "energy": 87.879928,
        "activity_lines": [
          365.77334,
          401.461823,
          455.616193,
          470.822368
        ]
      },
      {
        "date": "2025-04-25",
        "close": 358.799988,
        "volume": 5483752,
        "typical_volume": 3633669.85,
        "trend": 475.890001,
        "fair_value": 616.644872,
        "relative_strength": -19.764107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.449944,
        "energy": 85.517017,
        "activity_lines": [
          357.466667,
          387.54182,
          442.891906,
          462.995055
        ]
      },
      {
        "date": "2025-05-02",
        "close": 349.399994,
        "volume": 4676832,
        "typical_volume": 3674167.45,
        "trend": 471.483334,
        "fair_value": 613.272436,
        "relative_strength": -23.518399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.181419,
        "energy": 83.910485,
        "activity_lines": [
          351.61333,
          375.443637,
          430.240001,
          454.83441
        ]
      },
      {
        "date": "2025-05-09",
        "close": 364.799988,
        "volume": 6648654,
        "typical_volume": 3776673.25,
        "trend": 468.043334,
        "fair_value": 609.527564,
        "relative_strength": -19.8473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.408009,
        "energy": 68.738611,
        "activity_lines": [
          356.479993,
          369.247271,
          420.131428,
          447.951613
        ]
      },
      {
        "date": "2025-05-16",
        "close": 404.0,
        "volume": 5851122,
        "typical_volume": 4047194.95,
        "trend": 466.510001,
        "fair_value": 606.338462,
        "relative_strength": -12.505892,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.1497,
        "energy": 44.241874,
        "activity_lines": [
          373.066661,
          372.192725,
          414.723809,
          443.819785
        ]
      },
      {
        "date": "2025-05-23",
        "close": 391.399994,
        "volume": 3036870,
        "typical_volume": 4144967.1,
        "trend": 464.356667,
        "fair_value": 602.767308,
        "relative_strength": -15.430059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.490871,
        "energy": 36.304737,
        "activity_lines": [
          381.666661,
          373.701815,
          408.894761,
          438.973978
        ]
      },
      {
        "date": "2025-05-30",
        "close": 429.0,
        "volume": 2668862,
        "typical_volume": 4149468.8,
        "trend": 464.723334,
        "fair_value": 599.469231,
        "relative_strength": -7.860854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.047731,
        "energy": 26.106171,
        "activity_lines": [
          400.106663,
          382.84727,
          407.309047,
          436.692903
        ]
      },
      {
        "date": "2025-06-06",
        "close": 436.600006,
        "volume": 5373055,
        "typical_volume": 4201752.95,
        "trend": 464.97,
        "fair_value": 596.735898,
        "relative_strength": -6.89459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.588227,
        "energy": 27.593211,
        "activity_lines": [
          416.4,
          393.621816,
          406.801904,
          434.878495
        ]
      },
      {
        "date": "2025-06-13",
        "close": 419.0,
        "volume": 3073240,
        "typical_volume": 4224638.0,
        "trend": 464.223334,
        "fair_value": 594.553205,
        "relative_strength": -10.762065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.247885,
        "energy": 24.409116,
        "activity_lines": [
          421.013334,
          401.134544,
          404.989523,
          431.912688
        ]
      },
      {
        "date": "2025-06-20",
        "close": 410.600006,
        "volume": 3176464,
        "typical_volume": 4249492.65,
        "trend": 462.556667,
        "fair_value": 592.098718,
        "relative_strength": -11.768543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.712043,
        "energy": 18.973767,
        "activity_lines": [
          419.213336,
          405.767272,
          402.891429,
          428.453119
        ]
      },
      {
        "date": "2025-06-27",
        "close": 415.600006,
        "volume": 3285468,
        "typical_volume": 4219826.5,
        "trend": 460.910001,
        "fair_value": 589.804488,
        "relative_strength": -10.827331,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.993322,
        "energy": 14.601819,
        "activity_lines": [
          418.640004,
          410.156365,
          402.052382,
          425.423657
        ]
      },
      {
        "date": "2025-07-04",
        "close": 376.799988,
        "volume": 10440017,
        "typical_volume": 4584643.6,
        "trend": 454.736667,
        "fair_value": 587.348077,
        "relative_strength": -19.143905,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.077082,
        "energy": 24.177295,
        "activity_lines": [
          403.519999,
          406.316363,
          398.258095,
          419.997204
        ]
      },
      {
        "date": "2025-07-11",
        "close": 363.600006,
        "volume": 6138003,
        "typical_volume": 4798515.5,
        "trend": 447.673334,
        "fair_value": 584.685257,
        "relative_strength": -22.76602,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.425519,
        "energy": 37.072967,
        "activity_lines": [
          387.480001,
          399.749092,
          394.045714,
          414.11742
        ]
      },
      {
        "date": "2025-07-18",
        "close": 359.799988,
        "volume": 3381569,
        "typical_volume": 4707506.5,
        "trend": 440.733333,
        "fair_value": 581.325,
        "relative_strength": -23.735259,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.736359,
        "energy": 56.072718,
        "activity_lines": [
          375.039996,
          392.232726,
          390.216189,
          408.448172
        ]
      },
      {
        "date": "2025-07-25",
        "close": 359.200012,
        "volume": 8151254,
        "typical_volume": 4896804.2,
        "trend": 433.79,
        "fair_value": 577.941667,
        "relative_strength": -24.651774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.221909,
        "energy": 67.379292,
        "activity_lines": [
          366.346667,
          384.698183,
          386.880952,
          403.187957
        ]
      },
      {
        "date": "2025-08-01",
        "close": 326.799988,
        "volume": 10729062,
        "typical_volume": 5240779.75,
        "trend": 427.0,
        "fair_value": 574.607052,
        "relative_strength": -30.783858,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.50783,
        "energy": 76.990909,
        "activity_lines": [
          350.279997,
          372.087271,
          380.897142,
          396.285376
        ]
      },
      {
        "date": "2025-08-08",
        "close": 347.0,
        "volume": 4829218,
        "typical_volume": 5284230.0,
        "trend": 421.783333,
        "fair_value": 571.248077,
        "relative_strength": -26.505833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.56534,
        "energy": 67.694096,
        "activity_lines": [
          346.866665,
          364.323635,
          377.354285,
          391.124085
        ]
      },
      {
        "date": "2025-08-15",
        "close": 322.399994,
        "volume": 4000952,
        "typical_volume": 5380281.45,
        "trend": 415.38,
        "fair_value": 567.782693,
        "relative_strength": -31.739493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.436835,
        "energy": 74.037261,
        "activity_lines": [
          337.239996,
          353.578179,
          371.923808,
          384.712257
        ]
      },
      {
        "date": "2025-08-22",
        "close": 334.600006,
        "volume": 2484385,
        "typical_volume": 5049316.5,
        "trend": 408.966667,
        "fair_value": 564.857052,
        "relative_strength": -30.185126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.796321,
        "energy": 65.606522,
        "activity_lines": [
          334.426666,
          347.127272,
          368.182856,
          379.500645
        ]
      },
      {
        "date": "2025-08-29",
        "close": 326.600006,
        "volume": 3236498,
        "typical_volume": 4956572.85,
        "trend": 400.686667,
        "fair_value": 562.008334,
        "relative_strength": -30.556976,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.349536,
        "energy": 57.93088,
        "activity_lines": [
          330.626668,
          340.756364,
          363.727619,
          374.186667
        ]
      },
      {
        "date": "2025-09-05",
        "close": 350.799988,
        "volume": 6484813,
        "typical_volume": 5157504.5,
        "trend": 393.346666,
        "fair_value": 558.757052,
        "relative_strength": -25.369298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.313684,
        "energy": 44.368327,
        "activity_lines": [
          337.066665,
          340.312725,
          361.675237,
          370.968171
        ]
      },
      {
        "date": "2025-09-12",
        "close": 358.200012,
        "volume": 4408678,
        "typical_volume": 5103750.8,
        "trend": 386.853334,
        "fair_value": 555.771154,
        "relative_strength": -24.160123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.104064,
        "energy": 29.973399,
        "activity_lines": [
          344.373336,
          342.392728,
          360.328571,
          368.700645
        ]
      },
      {
        "date": "2025-09-19",
        "close": 347.399994,
        "volume": 3895840,
        "typical_volume": 5064701.2,
        "trend": 381.1,
        "fair_value": 553.004487,
        "relative_strength": -25.613285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.10864,
        "energy": 24.516423,
        "activity_lines": [
          347.333333,
          342.847272,
          357.95619,
          366.155268
        ]
      },
      {
        "date": "2025-09-26",
        "close": 356.399994,
        "volume": 2886044,
        "typical_volume": 4876570.7,
        "trend": 377.126666,
        "fair_value": 550.96859,
        "relative_strength": -23.666532,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.144933,
        "energy": 20.058335,
        "activity_lines": [
          351.626664,
          345.232726,
          356.450475,
          364.561719
        ]
      },
      {
        "date": "2025-10-03",
        "close": 384.399994,
        "volume": 3503422,
        "typical_volume": 4759185.7,
        "trend": 374.906666,
        "fair_value": 548.817308,
        "relative_strength": -18.913135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.602653,
        "energy": 15.248652,
        "activity_lines": [
          363.799996,
          352.770907,
          357.651427,
          365.030966
        ]
      },
      {
        "date": "2025-10-10",
        "close": 359.799988,
        "volume": 3336093,
        "typical_volume": 4774146.85,
        "trend": 372.386666,
        "fair_value": 546.344872,
        "relative_strength": -23.039446,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.967942,
        "energy": 17.412468,
        "activity_lines": [
          363.919993,
          355.378178,
          356.602855,
          364.056342
        ]
      },
      {
        "date": "2025-10-17",
        "close": 385.399994,
        "volume": 3186130,
        "typical_volume": 4800010.25,
        "trend": 370.479999,
        "fair_value": 543.985256,
        "relative_strength": -16.512001,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.879228,
        "energy": 22.416851,
        "activity_lines": [
          371.973326,
          362.039995,
          358.142854,
          364.895912
        ]
      },
      {
        "date": "2025-10-24",
        "close": 386.200012,
        "volume": 4629331,
        "typical_volume": 4762824.05,
        "trend": 368.913332,
        "fair_value": 541.348718,
        "relative_strength": -18.377873,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.253915,
        "energy": 25.979311,
        "activity_lines": [
          378.479999,
          368.149089,
          359.966665,
          365.910106
        ]
      },
      {
        "date": "2025-10-31",
        "close": 392.600006,
        "volume": 4248341,
        "typical_volume": 4821579.1,
        "trend": 370.513332,
        "fair_value": 538.291667,
        "relative_strength": -17.290041,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 26.21957,
        "energy": 40.569401,
        "activity_lines": [
          384.533335,
          374.261818,
          362.639999,
          367.438279
        ]
      },
      {
        "date": "2025-11-07",
        "close": 401.399994,
        "volume": 7379686,
        "typical_volume": 5031740.2,
        "trend": 372.319998,
        "fair_value": 534.579487,
        "relative_strength": -14.739915,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.062046,
        "energy": 50.938497,
        "activity_lines": [
          391.106667,
          380.919998,
          366.277141,
          369.430966
        ]
      },
      {
        "date": "2025-11-14",
        "close": 444.399994,
        "volume": 7195114,
        "typical_volume": 5227222.5,
        "trend": 375.433331,
        "fair_value": 531.062821,
        "relative_strength": -5.426642,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 48.156958,
        "energy": 63.855154,
        "activity_lines": [
          410.879999,
          394.036361,
          374.053331,
          374.081289
        ]
      },
      {
        "date": "2025-11-21",
        "close": 439.0,
        "volume": 4406214,
        "typical_volume": 4925532.35,
        "trend": 378.106665,
        "fair_value": 527.312821,
        "relative_strength": -4.653405,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 77.811662,
        "energy": 79.067839,
        "activity_lines": [
          423.213332,
          404.469089,
          381.178093,
          378.182364
        ]
      },
      {
        "date": "2025-11-28",
        "close": 480.600006,
        "volume": 4621070,
        "typical_volume": 4849685.7,
        "trend": 382.479999,
        "fair_value": 523.867949,
        "relative_strength": 2.71313,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.518293,
        "energy": 88.982233,
        "activity_lines": [
          445.84,
          420.996363,
          391.96857,
          384.794838
        ]
      },
      {
        "date": "2025-12-05",
        "close": 498.600006,
        "volume": 6275825,
        "typical_volume": 4994398.5,
        "trend": 386.939999,
        "fair_value": 521.025641,
        "relative_strength": 7.841864,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.708992,
        "energy": 94.172721,
        "activity_lines": [
          468.173336,
          438.374547,
          403.91619,
          392.286451
        ]
      },
      {
        "date": "2025-12-12",
        "close": 490.399994,
        "volume": 3597736,
        "typical_volume": 4766722.6,
        "trend": 389.819999,
        "fair_value": 518.76859,
        "relative_strength": 7.063034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.160669,
        "energy": 90.160161,
        "activity_lines": [
          480.706667,
          451.676364,
          414.421904,
          398.961289
        ]
      },
      {
        "date": "2025-12-19",
        "close": 485.0,
        "volume": 3083720,
        "typical_volume": 4384455.5,
        "trend": 392.939999,
        "fair_value": 516.669231,
        "relative_strength": 4.123212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.723445,
        "energy": 86.763368,
        "activity_lines": [
          485.506667,
          462.069091,
          423.788571,
          405.101935
        ]
      },
      {
        "date": "2025-12-26",
        "close": 480.399994,
        "volume": 2789487,
        "typical_volume": 4282468.95,
        "trend": 394.653333,
        "fair_value": 514.489103,
        "relative_strength": 4.30819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.787014,
        "energy": 81.237053,
        "activity_lines": [
          486.066665,
          469.34909,
          431.963808,
          410.744515
        ]
      },
      {
        "date": "2026-01-02",
        "close": 464.399994,
        "volume": 1318836,
        "typical_volume": 4148363.15,
        "trend": 395.579999,
        "fair_value": 511.466026,
        "relative_strength": 0.760256,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.398763,
        "energy": 57.940356,
        "activity_lines": [
          478.533329,
          471.992725,
          437.979998,
          415.2443
        ]
      },
      {
        "date": "2026-01-09",
        "close": 473.0,
        "volume": 6860335,
        "typical_volume": 4367160.65,
        "trend": 397.379999,
        "fair_value": 508.110256,
        "relative_strength": 1.471007,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.416268,
        "energy": 49.055364,
        "activity_lines": [
          474.946663,
          474.77818,
          444.139046,
          420.239138
        ]
      },
      {
        "date": "2026-01-16",
        "close": 490.0,
        "volume": 1803533,
        "typical_volume": 4295512.4,
        "trend": 400.026665,
        "fair_value": 505.145513,
        "relative_strength": 4.532017,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.376397,
        "energy": 46.498125,
        "activity_lines": [
          478.733331,
          479.192726,
          451.258094,
          426.214622
        ]
      },
      {
        "date": "2026-01-23",
        "close": 534.0,
        "volume": 5645698,
        "typical_volume": 4253556.65,
        "trend": 403.973332,
        "fair_value": 502.472436,
        "relative_strength": 15.403145,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 78.951161,
        "energy": 57.834562,
        "activity_lines": [
          497.213332,
          489.996362,
          461.789523,
          434.858063
        ]
      },
      {
        "date": "2026-01-30",
        "close": 518.5,
        "volume": 7412968,
        "typical_volume": 4403771.15,
        "trend": 408.696665,
        "fair_value": 499.373077,
        "relative_strength": 11.910214,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.833438,
        "energy": 57.734515,
        "activity_lines": [
          507.26,
          496.352726,
          469.97238,
          442.246881
        ]
      },
      {
        "date": "2026-02-06",
        "close": 485.600006,
        "volume": 2786999,
        "typical_volume": 4348329.1,
        "trend": 412.763332,
        "fair_value": 497.066026,
        "relative_strength": 4.161553,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.348955,
        "energy": 51.334649,
        "activity_lines": [
          503.800002,
          495.281818,
          474.258571,
          447.208386
        ]
      },
      {
        "date": "2026-02-13",
        "close": 480.600006,
        "volume": 3174596,
        "typical_volume": 4362756.7,
        "trend": 416.789999,
        "fair_value": 494.525,
        "relative_strength": 3.096959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.691521,
        "energy": 47.27594,
        "activity_lines": [
          497.260004,
          493.21091,
          477.410477,
          451.584946
        ]
      },
      {
        "date": "2026-02-20",
        "close": 506.0,
        "volume": 2562022,
        "typical_volume": 4315686.7,
        "trend": 421.683332,
        "fair_value": 492.448077,
        "relative_strength": 6.686987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.632591,
        "energy": 41.742383,
        "activity_lines": [
          498.680003,
          496.085456,
          482.39,
          457.34043
        ]
      },
      {
        "date": "2026-02-27",
        "close": 511.0,
        "volume": 2269292,
        "typical_volume": 4262346.65,
        "trend": 427.823333,
        "fair_value": 490.476923,
        "relative_strength": 5.860212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.420246,
        "energy": 39.038113,
        "activity_lines": [
          500.700002,
          499.585456,
          487.266667,
          463.102796
        ]
      },
      {
        "date": "2026-03-06",
        "close": 480.0,
        "volume": 4412950,
        "typical_volume": 4323687.65,
        "trend": 432.256666,
        "fair_value": 488.348718,
        "relative_strength": 5.731724,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.749833,
        "energy": 27.726138,
        "activity_lines": [
          493.920001,
          496.976365,
          488.470953,
          466.469032
        ]
      },
      {
        "date": "2026-03-13",
        "close": 457.399994,
        "volume": 2063816,
        "typical_volume": 4195411.9,
        "trend": 436.756666,
        "fair_value": 486.517949,
        "relative_strength": 1.243843,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.343545,
        "energy": 16.201074,
        "activity_lines": [
          482.173332,
          490.265455,
          487.072381,
          468.091182
        ]
      },
      {
        "date": "2026-03-20",
        "close": 446.399994,
        "volume": 4037214,
        "typical_volume": 4184855.55,
        "trend": 440.483332,
        "fair_value": 484.459615,
        "relative_strength": 2.501742,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.971379,
        "energy": 10.219882,
        "activity_lines": [
          468.639996,
          481.681817,
          484.287142,
          468.713333
        ]
      },
      {
        "date": "2026-03-27",
        "close": 445.799988,
        "volume": 2683345,
        "typical_volume": 3950038.5,
        "trend": 444.456665,
        "fair_value": 482.089744,
        "relative_strength": 2.096865,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.509037,
        "energy": 17.866224,
        "activity_lines": [
          457.18666,
          473.472724,
          481.18857,
          469.056343
        ]
      },
      {
        "date": "2026-04-03",
        "close": 460.200012,
        "volume": 2839666,
        "typical_volume": 3732266.1,
        "trend": 448.103333,
        "fair_value": 480.158333,
        "relative_strength": 0.601317,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.691548,
        "energy": 19.365997,
        "activity_lines": [
          454.546665,
          468.685454,
          479.249999,
          470.072042
        ]
      },
      {
        "date": "2026-04-10",
        "close": 503.0,
        "volume": 1995396,
        "typical_volume": 3611725.2,
        "trend": 452.929999,
        "fair_value": 478.648718,
        "relative_strength": 8.07151,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.163843,
        "energy": 15.82804,
        "activity_lines": [
          469.56,
          473.021817,
          481.31238,
          473.613763
        ]
      },
      {
        "date": "2026-04-17",
        "close": 530.5,
        "volume": 2996793,
        "typical_volume": 3530511.35,
        "trend": 459.033332,
        "fair_value": 477.19359,
        "relative_strength": 12.901244,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.206059,
        "energy": 26.958833,
        "activity_lines": [
          492.206667,
          482.639999,
          485.689047,
          478.618279
        ]
      },
      {
        "date": "2026-04-24",
        "close": 508.5,
        "volume": 1611901,
        "typical_volume": 3297315.15,
        "trend": 464.103333,
        "fair_value": 475.123077,
        "relative_strength": 10.919479,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.528669,
        "energy": 34.098955,
        "activity_lines": [
          502.646667,
          487.441817,
          487.732857,
          481.809677
        ]
      },
      {
        "date": "2026-05-01",
        "close": 512.5,
        "volume": 2104359,
        "typical_volume": 3222646.3,
        "trend": 468.373333,
        "fair_value": 473.459615,
        "relative_strength": 11.528372,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 55.832327,
        "energy": 44.810651,
        "activity_lines": [
          510.280001,
          492.463636,
          490.110476,
          484.932043
        ]
      },
      {
        "date": "2026-05-08",
        "close": 555.0,
        "volume": 4581692,
        "typical_volume": 3297544.9,
        "trend": 474.88,
        "fair_value": 472.097436,
        "relative_strength": 21.708883,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.000121,
        "energy": 71.41108,
        "activity_lines": [
          527.633333,
          505.094545,
          496.430476,
          490.52086
        ]
      },
      {
        "date": "2026-05-15",
        "close": 645.5,
        "volume": 5091183,
        "typical_volume": 3412629.7,
        "trend": 483.55,
        "fair_value": 471.998077,
        "relative_strength": 41.056243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.91406,
        "energy": 85.216379,
        "activity_lines": [
          568.833333,
          533.38,
          511.03619,
          501.528602
        ]
      },
      {
        "date": "2026-05-22",
        "close": 684.0,
        "volume": 5989419,
        "typical_volume": 3646158.85,
        "trend": 493.476666,
        "fair_value": 472.123077,
        "relative_strength": 44.335576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.763741,
        "energy": 92.937644,
        "activity_lines": [
          613.366667,
          565.656364,
          528.522381,
          514.46086
        ]
      },
      {
        "date": "2026-05-29",
        "close": 722.0,
        "volume": 3016932,
        "typical_volume": 3453988.7,
        "trend": 504.456666,
        "fair_value": 472.401923,
        "relative_strength": 51.868922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.75145,
        "energy": 96.384453,
        "activity_lines": [
          660.333333,
          600.721818,
          548.581905,
          529.204301
        ]
      },
      {
        "date": "2026-06-05",
        "close": 701.0,
        "volume": 516051,
        "typical_volume": 3389614.6,
        "trend": 514.443333,
        "fair_value": 472.760898,
        "relative_strength": 46.911139,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.826016,
        "energy": 91.503853,
        "activity_lines": [
          686.066667,
          626.958182,
          565.455714,
          541.884516
        ]
      },
      {
        "date": "2026-06-12",
        "close": 712.5,
        "volume": 1311503,
        "typical_volume": 3172904.85,
        "trend": 523.38,
        "fair_value": 473.116667,
        "relative_strength": 46.576153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.483454,
        "energy": 90.622815,
        "activity_lines": [
          703.066667,
          650.645455,
          582.42,
          554.662365
        ]
      },
      {
        "date": "2026-06-19",
        "close": 734.0,
        "volume": 1208470,
        "typical_volume": 2862679.95,
        "trend": 533.213333,
        "fair_value": 473.841026,
        "relative_strength": 51.074442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.042848,
        "energy": 91.25403,
        "activity_lines": [
          716.733333,
          673.654545,
          600.581905,
          568.250752
        ]
      },
      {
        "date": "2026-06-26",
        "close": 707.5,
        "volume": 1238839,
        "typical_volume": 2785271.95,
        "trend": 540.776666,
        "fair_value": 474.462821,
        "relative_strength": 42.440657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.2909,
        "energy": 66.807973,
        "activity_lines": [
          715.666667,
          687.645455,
          615.193809,
          579.495054
        ]
      },
      {
        "date": "2026-07-03",
        "close": 752.0,
        "volume": 278745,
        "typical_volume": 2640479.4,
        "trend": 549.223333,
        "fair_value": 475.350641,
        "relative_strength": 47.314645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.375213,
        "energy": 68.934673,
        "activity_lines": [
          727.866667,
          706.509091,
          632.987143,
          593.122365
        ]
      },
      {
        "date": "2026-07-10",
        "close": 719.5,
        "volume": 2975795,
        "typical_volume": 2661168.05,
        "trend": 556.86,
        "fair_value": 475.363462,
        "relative_strength": 41.79752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.773986,
        "energy": 62.935454,
        "activity_lines": [
          727.233333,
          715.036364,
          646.392857,
          604.107957
        ]
      },
      {
        "date": "2026-07-17",
        "close": 780.0,
        "volume": 5575314,
        "typical_volume": 2826469.15,
        "trend": 566.693333,
        "fair_value": 475.764103,
        "relative_strength": 50.219403,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.282706,
        "energy": 65.154788,
        "activity_lines": [
          745.533333,
          730.8,
          664.543809,
          618.504086
        ]
      },
      {
        "date": "2026-07-24",
        "close": 709.0,
        "volume": 2496480,
        "typical_volume": 2730645.65,
        "trend": 574.313333,
        "fair_value": 475.696795,
        "relative_strength": 33.422293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.023156,
        "energy": 52.995952,
        "activity_lines": [
          735.666667,
          729.563636,
          674.651905,
          627.685161
        ]
      },
      {
        "date": "2026-07-31",
        "close": 729.5,
        "volume": 2474795,
        "typical_volume": 2751194.6,
        "trend": 583.15,
        "fair_value": 475.786539,
        "relative_strength": 33.995549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.361471,
        "energy": 46.165917,
        "activity_lines": [
          734.3,
          730.9,
          685.621905,
          637.697204
        ]
      },
      {
        "date": "2026-08-07",
        "close": 752.5,
        "volume": 2028250,
        "typical_volume": 2650746.4,
        "trend": 592.466667,
        "fair_value": 476.123077,
        "relative_strength": 36.187339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.395086,
        "energy": 47.912196,
        "activity_lines": [
          739.133333,
          735.590909,
          697.486667,
          648.623011
        ]
      }
    ],
    "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."
    }
  }
}