{
  "ticker": {
    "uuid": "d1af26bb-bd8b-4e8c-92e6-ac68766c6854",
    "symbol": "IXG",
    "name": "ISHARES TRUST GLOBAL FINLS ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early 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": 86.2,
    "architecture_energy": 94.11,
    "architecture_maturity": 29.168,
    "architecture_confidence": 74.142,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 0.0,
        "rotation_up": 86.5,
        "upward_expansion": 99.88,
        "deceleration": 39.03,
        "rotation_down": 9.53,
        "downward_expansion": 21.88
      },
      "activity_lines": [
        132.481333,
        130.046529,
        126.097567,
        123.356398
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 134.66,
    "trend_reference": 120.814572,
    "distance_from_trend": 0.114601,
    "trend_direction": "Improving",
    "fair_value": 96.805811,
    "distance_from_fair_value": 0.391032,
    "fair_value_direction": "Improving",
    "relative_strength": 1.779406,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.105958,
    "excess_performance": -0.019667,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.114601,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.032546,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.391032,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.091832,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.017794,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.0814,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.105958,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 7.463064,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 132950,
      "relative_activity": 0.709013,
      "balance": 7.463064,
      "dry_up": 1.750024,
      "accumulation_observations": 7,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.021532,
      "annualized_volatility": 0.157499,
      "from_high_reference": -0.007298,
      "from_low_reference": 0.241702
    },
    "levels": {
      "trend_reference": 120.814572,
      "fair_value_reference": 96.805811,
      "structural_low": 108.44794,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 39,
        "median_return": 0.01731,
        "positive_rate": 0.615385,
        "directional_follow_through": 0.615385,
        "median_excess_return": 0.000902,
        "regime_survival": 0.820513,
        "best_return": 0.100073,
        "worst_return": -0.108179,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": 0.037401,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.012129,
        "regime_survival": 0.785714,
        "best_return": 0.125325,
        "worst_return": -0.069816,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.070948,
        "positive_rate": 0.875,
        "directional_follow_through": 0.875,
        "median_excess_return": -0.02401,
        "regime_survival": 0.625,
        "best_return": 0.174186,
        "worst_return": -0.141309,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.198418,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.013736,
        "regime_survival": 0.75,
        "best_return": 0.315007,
        "worst_return": -0.129899,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-10",
        "tenure": "New",
        "return": 0.028701,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-17",
        "end": "2024-06-21",
        "tenure": "Developing",
        "return": -0.030147,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-28",
        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.03723,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": 0.106319,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.049762,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.004113,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.11064,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-02",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.038073,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-10-17",
        "tenure": "Established",
        "return": 0.065658,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.026142,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-03-13",
        "tenure": "Established",
        "return": -0.067241,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.107967,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": 0.018157,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.122317,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 65.687507,
        "volume": 52725,
        "typical_volume": 119953.6,
        "trend": 65.791584,
        "fair_value": 63.677122,
        "relative_strength": -5.465934,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 51.882466,
        "energy": 36.744118,
        "activity_lines": [
          67.495347,
          67.403146,
          66.407787,
          65.849379
        ]
      },
      {
        "date": "2023-08-25",
        "close": 65.713178,
        "volume": 65431,
        "typical_volume": 102485.25,
        "trend": 65.663784,
        "fair_value": 63.78719,
        "relative_strength": -6.137414,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 31.678665,
        "energy": 19.4519,
        "activity_lines": [
          66.722005,
          67.167778,
          66.412167,
          65.844321
        ]
      },
      {
        "date": "2023-09-01",
        "close": 67.198097,
        "volume": 56455,
        "typical_volume": 100422.1,
        "trend": 65.587305,
        "fair_value": 63.911241,
        "relative_strength": -6.340693,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.622069,
        "energy": 22.257455,
        "activity_lines": [
          66.661872,
          67.20951,
          66.545795,
          65.943309
        ]
      },
      {
        "date": "2023-09-08",
        "close": 66.115477,
        "volume": 33360,
        "typical_volume": 88852.25,
        "trend": 65.485683,
        "fair_value": 64.033436,
        "relative_strength": -6.604526,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.943206,
        "energy": 23.203762,
        "activity_lines": [
          66.387636,
          67.001999,
          66.565472,
          65.977384
        ]
      },
      {
        "date": "2023-09-15",
        "close": 67.744875,
        "volume": 62801,
        "typical_volume": 86917.8,
        "trend": 65.443238,
        "fair_value": 64.168269,
        "relative_strength": -4.112252,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.611452,
        "energy": 20.154268,
        "activity_lines": [
          66.792962,
          67.094081,
          66.736608,
          66.123139
        ]
      },
      {
        "date": "2023-09-22",
        "close": 66.25282,
        "volume": 69791,
        "typical_volume": 85764.85,
        "trend": 65.402736,
        "fair_value": 64.306982,
        "relative_strength": -3.370895,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.750264,
        "energy": 15.504163,
        "activity_lines": [
          66.713294,
          66.877306,
          66.753771,
          66.17537
        ]
      },
      {
        "date": "2023-09-29",
        "close": 65.284096,
        "volume": 143652,
        "typical_volume": 88172.15,
        "trend": 65.295289,
        "fair_value": 64.432516,
        "relative_strength": -4.083088,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.001593,
        "energy": 6.8855,
        "activity_lines": [
          66.273029,
          66.507315,
          66.668829,
          66.167716
        ]
      },
      {
        "date": "2023-10-06",
        "close": 65.173999,
        "volume": 118790,
        "typical_volume": 90491.75,
        "trend": 65.344071,
        "fair_value": 64.546398,
        "relative_strength": -4.643127,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.648865,
        "energy": 9.541686,
        "activity_lines": [
          65.824671,
          66.184627,
          66.563823,
          66.15989
        ]
      },
      {
        "date": "2023-10-13",
        "close": 65.020252,
        "volume": 80988,
        "typical_volume": 81820.05,
        "trend": 65.512668,
        "fair_value": 64.662834,
        "relative_strength": -5.210706,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.880673,
        "energy": 26.137034,
        "activity_lines": [
          65.460004,
          65.910815,
          66.440766,
          66.138999
        ]
      },
      {
        "date": "2023-10-20",
        "close": 63.352579,
        "volume": 31818,
        "typical_volume": 81270.5,
        "trend": 65.604398,
        "fair_value": 64.763243,
        "relative_strength": -5.294497,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.698757,
        "energy": 52.217519,
        "activity_lines": [
          64.612461,
          65.390911,
          66.150563,
          65.999638
        ]
      },
      {
        "date": "2023-10-27",
        "close": 61.999072,
        "volume": 40581,
        "typical_volume": 79432.45,
        "trend": 65.57327,
        "fair_value": 64.872768,
        "relative_strength": -4.864652,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -54.547506,
        "energy": 67.569442,
        "activity_lines": [
          63.606568,
          64.708144,
          65.736502,
          65.767037
        ]
      },
      {
        "date": "2023-11-03",
        "close": 66.418614,
        "volume": 139082,
        "typical_volume": 81521.3,
        "trend": 65.682001,
        "fair_value": 64.993448,
        "relative_strength": -3.576075,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.502671,
        "energy": 39.047599,
        "activity_lines": [
          64.35744,
          64.895993,
          65.757649,
          65.821575
        ]
      },
      {
        "date": "2023-11-10",
        "close": 66.175529,
        "volume": 65202,
        "typical_volume": 80636.0,
        "trend": 65.723821,
        "fair_value": 65.086836,
        "relative_strength": -5.058338,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.751535,
        "energy": 19.309565,
        "activity_lines": [
          64.951648,
          65.026819,
          65.754148,
          65.853415
        ]
      },
      {
        "date": "2023-11-17",
        "close": 68.543356,
        "volume": 39932,
        "typical_volume": 77934.5,
        "trend": 65.830805,
        "fair_value": 65.188653,
        "relative_strength": -3.740163,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.487059,
        "energy": 18.010388,
        "activity_lines": [
          66.268364,
          65.60675,
          65.967301,
          66.035321
        ]
      },
      {
        "date": "2023-11-24",
        "close": 69.214596,
        "volume": 60566,
        "typical_volume": 75661.8,
        "trend": 65.962899,
        "fair_value": 65.282373,
        "relative_strength": -3.60292,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 62.423047,
        "energy": 47.018247,
        "activity_lines": [
          67.573953,
          66.264583,
          66.233694,
          66.25363
        ]
      },
      {
        "date": "2023-12-01",
        "close": 70.480897,
        "volume": 158524,
        "typical_volume": 79365.65,
        "trend": 66.172764,
        "fair_value": 65.376582,
        "relative_strength": -2.526445,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 79.219846,
        "energy": 75.473302,
        "activity_lines": [
          68.910841,
          67.125929,
          66.603847,
          66.545114
        ]
      },
      {
        "date": "2023-12-08",
        "close": 70.441696,
        "volume": 180997,
        "typical_volume": 82860.15,
        "trend": 66.411727,
        "fair_value": 65.478419,
        "relative_strength": -2.672623,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.262715,
        "energy": 81.978746,
        "activity_lines": [
          69.669206,
          67.903274,
          66.956135,
          66.820529
        ]
      },
      {
        "date": "2023-12-15",
        "close": 72.135596,
        "volume": 78135,
        "typical_volume": 81136.85,
        "trend": 66.667635,
        "fair_value": 65.588338,
        "relative_strength": -2.527861,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.620222,
        "energy": 87.972415,
        "activity_lines": [
          70.724,
          68.894826,
          67.462818,
          67.189811
        ]
      },
      {
        "date": "2023-12-22",
        "close": 73.043985,
        "volume": 53106,
        "typical_volume": 78684.65,
        "trend": 66.993342,
        "fair_value": 65.700036,
        "relative_strength": -2.020424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.247298,
        "energy": 91.57139,
        "activity_lines": [
          71.684252,
          69.924965,
          68.042986,
          67.601188
        ]
      },
      {
        "date": "2023-12-29",
        "close": 73.70403,
        "volume": 29627,
        "typical_volume": 78078.15,
        "trend": 67.303051,
        "fair_value": 65.811866,
        "relative_strength": -1.298283,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.695336,
        "energy": 92.317555,
        "activity_lines": [
          72.564478,
          70.929227,
          68.662768,
          68.034136
        ]
      },
      {
        "date": "2024-01-05",
        "close": 73.585753,
        "volume": 49412,
        "typical_volume": 77912.5,
        "trend": 67.589186,
        "fair_value": 65.906263,
        "relative_strength": 0.308478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.611718,
        "energy": 89.9675,
        "activity_lines": [
          73.105982,
          71.723775,
          69.243791,
          68.439471
        ]
      },
      {
        "date": "2024-01-12",
        "close": 73.113019,
        "volume": 34238,
        "typical_volume": 76352.85,
        "trend": 67.822802,
        "fair_value": 65.999402,
        "relative_strength": -1.907764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.625525,
        "energy": 85.091058,
        "activity_lines": [
          73.282918,
          72.221705,
          69.742181,
          68.795848
        ]
      },
      {
        "date": "2024-01-19",
        "close": 73.146599,
        "volume": 32681,
        "typical_volume": 75164.15,
        "trend": 68.117157,
        "fair_value": 66.097964,
        "relative_strength": -2.761998,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.83121,
        "energy": 77.310096,
        "activity_lines": [
          73.292958,
          72.604024,
          70.208531,
          69.139318
        ]
      },
      {
        "date": "2024-01-26",
        "close": 74.521465,
        "volume": 65214,
        "typical_volume": 76756.85,
        "trend": 68.391234,
        "fair_value": 66.222125,
        "relative_strength": -1.689867,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.668767,
        "energy": 70.334288,
        "activity_lines": [
          73.693888,
          73.109571,
          70.777496,
          69.552499
        ]
      },
      {
        "date": "2024-02-02",
        "close": 74.859507,
        "volume": 49333,
        "typical_volume": 76083.45,
        "trend": 68.697276,
        "fair_value": 66.327401,
        "relative_strength": -2.392816,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.314605,
        "energy": 77.612753,
        "activity_lines": [
          74.108999,
          73.567888,
          71.338626,
          69.969807
        ]
      },
      {
        "date": "2024-02-09",
        "close": 74.924508,
        "volume": 50069,
        "typical_volume": 75097.35,
        "trend": 68.94432,
        "fair_value": 66.425024,
        "relative_strength": -3.372449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.955661,
        "energy": 77.395648,
        "activity_lines": [
          74.468745,
          73.935389,
          71.872067,
          70.371564
        ]
      },
      {
        "date": "2024-02-16",
        "close": 76.050064,
        "volume": 58505,
        "typical_volume": 70840.0,
        "trend": 69.179766,
        "fair_value": 66.521369,
        "relative_strength": -1.346035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.1736,
        "energy": 85.358547,
        "activity_lines": [
          75.114427,
          74.426743,
          72.47141,
          70.829999
        ]
      },
      {
        "date": "2024-02-23",
        "close": 77.34708,
        "volume": 26354,
        "typical_volume": 66218.2,
        "trend": 69.444679,
        "fair_value": 66.628521,
        "relative_strength": -1.05835,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.884791,
        "energy": 89.535758,
        "activity_lines": [
          75.996644,
          75.051948,
          73.143013,
          71.356923
        ]
      },
      {
        "date": "2024-03-01",
        "close": 77.68878,
        "volume": 60995,
        "typical_volume": 65218.55,
        "trend": 69.762242,
        "fair_value": 66.72285,
        "relative_strength": -1.336174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.905202,
        "energy": 88.001729,
        "activity_lines": [
          76.712729,
          75.644526,
          73.789191,
          71.8888
        ]
      },
      {
        "date": "2024-03-08",
        "close": 78.899503,
        "volume": 57470,
        "typical_volume": 66501.15,
        "trend": 70.127884,
        "fair_value": 66.815358,
        "relative_strength": 0.591962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.921079,
        "energy": 91.133995,
        "activity_lines": [
          77.621234,
          76.372785,
          74.49035,
          72.478301
        ]
      },
      {
        "date": "2024-03-15",
        "close": 79.087752,
        "volume": 31316,
        "typical_volume": 66037.9,
        "trend": 70.574559,
        "fair_value": 66.913503,
        "relative_strength": 0.90109,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.471941,
        "energy": 90.882851,
        "activity_lines": [
          78.323156,
          77.040807,
          75.135404,
          73.056357
        ]
      },
      {
        "date": "2024-03-22",
        "close": 80.102065,
        "volume": 49208,
        "typical_volume": 61544.2,
        "trend": 71.054189,
        "fair_value": 67.016544,
        "relative_strength": -0.015203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.204284,
        "energy": 89.82511,
        "activity_lines": [
          79.085632,
          77.793214,
          75.795685,
          73.671035
        ]
      },
      {
        "date": "2024-03-29",
        "close": 81.268141,
        "volume": 44880,
        "typical_volume": 60528.1,
        "trend": 71.52319,
        "fair_value": 67.126617,
        "relative_strength": 1.087127,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.076951,
        "energy": 86.619791,
        "activity_lines": [
          79.966667,
          78.630561,
          76.501861,
          74.33
        ]
      },
      {
        "date": "2024-04-05",
        "close": 80.485036,
        "volume": 35967,
        "typical_volume": 60329.85,
        "trend": 72.002175,
        "fair_value": 67.22613,
        "relative_strength": 1.026086,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.857098,
        "energy": 70.892277,
        "activity_lines": [
          80.325263,
          79.177861,
          77.061586,
          74.908183
        ]
      },
      {
        "date": "2024-04-12",
        "close": 77.532046,
        "volume": 52584,
        "typical_volume": 59930.75,
        "trend": 72.328414,
        "fair_value": 67.302116,
        "relative_strength": -1.138523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.614047,
        "energy": 64.765905,
        "activity_lines": [
          79.513112,
          79.079825,
          77.28321,
          75.264949
        ]
      },
      {
        "date": "2024-04-19",
        "close": 77.719639,
        "volume": 47757,
        "typical_volume": 54392.4,
        "trend": 72.710642,
        "fair_value": 67.38213,
        "relative_strength": 2.290194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.99797,
        "energy": 50.536144,
        "activity_lines": [
          78.854656,
          78.967306,
          77.483092,
          75.61277
        ]
      },
      {
        "date": "2024-04-26",
        "close": 78.96713,
        "volume": 43973,
        "typical_volume": 47541.2,
        "trend": 73.166743,
        "fair_value": 67.46244,
        "relative_strength": 1.30154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.165339,
        "energy": 38.774247,
        "activity_lines": [
          78.703237,
          79.030782,
          77.767312,
          76.016414
        ]
      },
      {
        "date": "2024-05-03",
        "close": 79.576806,
        "volume": 37333,
        "typical_volume": 45501.1,
        "trend": 73.646837,
        "fair_value": 67.530759,
        "relative_strength": 1.5064,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.107721,
        "energy": 34.459672,
        "activity_lines": [
          78.830706,
          79.152071,
          78.069,
          76.429967
        ]
      },
      {
        "date": "2024-05-10",
        "close": 81.860747,
        "volume": 52730,
        "typical_volume": 45482.3,
        "trend": 74.208186,
        "fair_value": 67.611227,
        "relative_strength": 2.489657,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 78.891595,
        "energy": 53.74985,
        "activity_lines": [
          79.832245,
          79.648081,
          78.552772,
          76.959896
        ]
      },
      {
        "date": "2024-05-17",
        "close": 83.409043,
        "volume": 34739,
        "typical_volume": 45737.9,
        "trend": 74.876735,
        "fair_value": 67.704167,
        "relative_strength": 2.712923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.753076,
        "energy": 73.301395,
        "activity_lines": [
          81.258168,
          80.349746,
          79.142015,
          77.5535
        ]
      },
      {
        "date": "2024-05-24",
        "close": 82.087358,
        "volume": 24620,
        "typical_volume": 44498.3,
        "trend": 75.546345,
        "fair_value": 67.781046,
        "relative_strength": 1.059273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.874807,
        "energy": 76.901511,
        "activity_lines": [
          81.85173,
          80.729113,
          79.55917,
          78.018702
        ]
      },
      {
        "date": "2024-05-31",
        "close": 82.36856,
        "volume": 70449,
        "typical_volume": 46308.85,
        "trend": 76.07801,
        "fair_value": 67.85657,
        "relative_strength": 1.759243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.651973,
        "energy": 77.156534,
        "activity_lines": [
          82.247844,
          81.105069,
          79.962622,
          78.458845
        ]
      },
      {
        "date": "2024-06-07",
        "close": 82.083607,
        "volume": 42789,
        "typical_volume": 46814.25,
        "trend": 76.608279,
        "fair_value": 67.939069,
        "relative_strength": 0.142434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.416373,
        "energy": 71.34128,
        "activity_lines": [
          82.322212,
          81.388006,
          80.294862,
          78.846302
        ]
      },
      {
        "date": "2024-06-14",
        "close": 79.677574,
        "volume": 338734,
        "typical_volume": 60490.25,
        "trend": 76.979419,
        "fair_value": 68.027326,
        "relative_strength": -4.300606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.159563,
        "energy": 43.161056,
        "activity_lines": [
          81.427449,
          81.218657,
          80.355398,
          79.044321
        ]
      },
      {
        "date": "2024-06-21",
        "close": 80.894531,
        "volume": 122801,
        "typical_volume": 64163.65,
        "trend": 77.368751,
        "fair_value": 68.108429,
        "relative_strength": -3.435521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.013798,
        "energy": 31.474633,
        "activity_lines": [
          81.083883,
          81.285253,
          80.507282,
          79.296909
        ]
      },
      {
        "date": "2024-06-28",
        "close": 81.174773,
        "volume": 52353,
        "typical_volume": 64277.85,
        "trend": 77.725213,
        "fair_value": 68.194942,
        "relative_strength": -3.018926,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.342028,
        "energy": 24.437876,
        "activity_lines": [
          81.001366,
          81.341666,
          80.657118,
          79.542459
        ]
      },
      {
        "date": "2024-07-05",
        "close": 82.486957,
        "volume": 81650,
        "typical_volume": 65435.1,
        "trend": 78.126722,
        "fair_value": 68.293647,
        "relative_strength": -3.264603,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.348433,
        "energy": 28.459504,
        "activity_lines": [
          81.417082,
          81.573838,
          80.90216,
          79.849668
        ]
      },
      {
        "date": "2024-07-12",
        "close": 84.196937,
        "volume": 74966,
        "typical_volume": 67865.7,
        "trend": 78.528767,
        "fair_value": 68.40954,
        "relative_strength": -2.177767,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.974875,
        "energy": 49.825414,
        "activity_lines": [
          82.394898,
          82.052918,
          81.279406,
          80.241295
        ]
      },
      {
        "date": "2024-07-19",
        "close": 84.339014,
        "volume": 94221,
        "typical_volume": 69527.0,
        "trend": 78.905267,
        "fair_value": 68.526288,
        "relative_strength": -0.035781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.723606,
        "energy": 69.437177,
        "activity_lines": [
          83.279184,
          82.473828,
          81.637565,
          80.61615
        ]
      },
      {
        "date": "2024-07-26",
        "close": 84.996919,
        "volume": 42216,
        "typical_volume": 68764.3,
        "trend": 79.281697,
        "fair_value": 68.643973,
        "relative_strength": 1.559313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.696286,
        "energy": 79.24751,
        "activity_lines": [
          84.07201,
          82.969298,
          82.026713,
          81.00916
        ]
      },
      {
        "date": "2024-08-02",
        "close": 82.192784,
        "volume": 95070,
        "typical_volume": 71952.0,
        "trend": 79.568598,
        "fair_value": 68.730619,
        "relative_strength": 0.341275,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.352187,
        "energy": 60.141861,
        "activity_lines": [
          83.656631,
          82.926055,
          82.119766,
          81.196972
        ]
      },
      {
        "date": "2024-08-09",
        "close": 82.379612,
        "volume": 86441,
        "typical_volume": 73813.65,
        "trend": 79.877485,
        "fair_value": 68.810791,
        "relative_strength": 0.552525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.826913,
        "energy": 38.703529,
        "activity_lines": [
          83.235661,
          82.914863,
          82.215825,
          81.378327
        ]
      },
      {
        "date": "2024-08-16",
        "close": 85.729154,
        "volume": 39780,
        "typical_volume": 73558.65,
        "trend": 80.296903,
        "fair_value": 68.923552,
        "relative_strength": 0.590376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.61143,
        "energy": 44.791909,
        "activity_lines": [
          83.938361,
          83.512478,
          82.620044,
          81.755855
        ]
      },
      {
        "date": "2024-08-23",
        "close": 87.640561,
        "volume": 133475,
        "typical_volume": 78434.05,
        "trend": 80.734206,
        "fair_value": 69.036892,
        "relative_strength": 1.346181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.001936,
        "energy": 52.906967,
        "activity_lines": [
          85.17605,
          84.391339,
          83.185058,
          82.229639
        ]
      },
      {
        "date": "2024-08-30",
        "close": 89.301401,
        "volume": 537189,
        "typical_volume": 102664.3,
        "trend": 81.215603,
        "fair_value": 69.165548,
        "relative_strength": 2.887666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.667991,
        "energy": 80.528183,
        "activity_lines": [
          86.747248,
          85.42739,
          83.874174,
          82.782361
        ]
      },
      {
        "date": "2024-09-06",
        "close": 86.791916,
        "volume": 58416,
        "typical_volume": 103197.25,
        "trend": 81.611183,
        "fair_value": 69.283677,
        "relative_strength": 4.18006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.93667,
        "energy": 76.703699,
        "activity_lines": [
          87.194986,
          85.854318,
          84.268246,
          83.142123
        ]
      },
      {
        "date": "2024-09-13",
        "close": 87.898761,
        "volume": 54304,
        "typical_volume": 103713.8,
        "trend": 82.00614,
        "fair_value": 69.41068,
        "relative_strength": 1.418803,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.284487,
        "energy": 78.144111,
        "activity_lines": [
          87.705063,
          86.380361,
          84.724531,
          83.547773
        ]
      },
      {
        "date": "2024-09-20",
        "close": 89.921616,
        "volume": 23408,
        "typical_volume": 103017.55,
        "trend": 82.425291,
        "fair_value": 69.546425,
        "relative_strength": 2.270893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.236593,
        "energy": 80.017304,
        "activity_lines": [
          88.521482,
          87.175799,
          85.330937,
          84.058449
        ]
      },
      {
        "date": "2024-09-27",
        "close": 90.100906,
        "volume": 25765,
        "typical_volume": 101669.3,
        "trend": 82.839028,
        "fair_value": 69.683041,
        "relative_strength": 1.860994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.186009,
        "energy": 67.545101,
        "activity_lines": [
          89.118167,
          87.89975,
          85.905158,
          84.55365
        ]
      },
      {
        "date": "2024-10-04",
        "close": 90.31092,
        "volume": 59822,
        "typical_volume": 102923.45,
        "trend": 83.219409,
        "fair_value": 69.811053,
        "relative_strength": 1.780936,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.87678,
        "energy": 68.515609,
        "activity_lines": [
          89.620834,
          88.557124,
          86.460141,
          85.035708
        ]
      },
      {
        "date": "2024-10-11",
        "close": 91.162046,
        "volume": 93625,
        "typical_volume": 106373.7,
        "trend": 83.621885,
        "fair_value": 69.938572,
        "relative_strength": 1.512687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.575173,
        "energy": 71.791787,
        "activity_lines": [
          90.339908,
          89.27263,
          87.063317,
          85.548136
        ]
      },
      {
        "date": "2024-10-18",
        "close": 93.079941,
        "volume": 662190,
        "typical_volume": 135960.75,
        "trend": 84.054481,
        "fair_value": 70.070325,
        "relative_strength": 2.673797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.604288,
        "energy": 81.507432,
        "activity_lines": [
          91.406938,
          90.173767,
          87.805937,
          86.158333
        ]
      },
      {
        "date": "2024-10-25",
        "close": 90.627707,
        "volume": 654187,
        "typical_volume": 166530.65,
        "trend": 84.366467,
        "fair_value": 70.189249,
        "relative_strength": 0.883209,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.400826,
        "energy": 61.42575,
        "activity_lines": [
          91.311146,
          90.434491,
          88.264005,
          86.582412
        ]
      },
      {
        "date": "2024-11-01",
        "close": 90.701751,
        "volume": 46883,
        "typical_volume": 151938.1,
        "trend": 84.707024,
        "fair_value": 70.309147,
        "relative_strength": 2.329771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.788241,
        "energy": 58.978093,
        "activity_lines": [
          91.192961,
          90.619614,
          88.688438,
          86.99114
        ]
      },
      {
        "date": "2024-11-08",
        "close": 94.203293,
        "volume": 67415,
        "typical_volume": 149168.8,
        "trend": 85.262732,
        "fair_value": 70.451492,
        "relative_strength": 1.390492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.754591,
        "energy": 66.759217,
        "activity_lines": [
          92.201901,
          91.385722,
          89.393856,
          87.603803
        ]
      },
      {
        "date": "2024-11-15",
        "close": 94.722175,
        "volume": 38055,
        "typical_volume": 148453.9,
        "trend": 85.829483,
        "fair_value": 70.611283,
        "relative_strength": 4.016282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.070822,
        "energy": 71.205318,
        "activity_lines": [
          93.12431,
          92.157047,
          90.085315,
          88.214089
        ]
      },
      {
        "date": "2024-11-22",
        "close": 96.037889,
        "volume": 44656,
        "typical_volume": 146604.2,
        "trend": 86.398509,
        "fair_value": 70.787625,
        "relative_strength": 3.640497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.610954,
        "energy": 87.348569,
        "activity_lines": [
          94.247949,
          93.023407,
          90.83757,
          88.872696
        ]
      },
      {
        "date": "2024-11-29",
        "close": 97.058858,
        "volume": 78501,
        "typical_volume": 146780.95,
        "trend": 86.981244,
        "fair_value": 70.974681,
        "relative_strength": 3.448469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.817869,
        "energy": 91.351176,
        "activity_lines": [
          95.514714,
          93.927413,
          91.622531,
          89.560461
        ]
      },
      {
        "date": "2024-12-06",
        "close": 96.381392,
        "volume": 118434,
        "typical_volume": 147991.6,
        "trend": 87.465265,
        "fair_value": 71.146108,
        "relative_strength": 1.794305,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.942961,
        "energy": 84.076341,
        "activity_lines": [
          96.126913,
          94.578476,
          92.281724,
          90.166922
        ]
      },
      {
        "date": "2024-12-13",
        "close": 94.858813,
        "volume": 57311,
        "typical_volume": 148746.35,
        "trend": 87.846924,
        "fair_value": 71.31342,
        "relative_strength": 0.760216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.608841,
        "energy": 64.430612,
        "activity_lines": [
          95.852944,
          94.838515,
          92.738566,
          90.643925
        ]
      },
      {
        "date": "2024-12-20",
        "close": 92.232404,
        "volume": 82653,
        "typical_volume": 148125.5,
        "trend": 88.185092,
        "fair_value": 71.456911,
        "relative_strength": -0.194932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.242528,
        "energy": 50.343918,
        "activity_lines": [
          94.659804,
          94.538336,
          92.898311,
          90.926859
        ]
      },
      {
        "date": "2024-12-27",
        "close": 93.305892,
        "volume": 38354,
        "typical_volume": 145721.15,
        "trend": 88.54967,
        "fair_value": 71.603876,
        "relative_strength": 0.314639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.674302,
        "energy": 32.566605,
        "activity_lines": [
          93.990477,
          94.413876,
          93.112486,
          91.257233
        ]
      },
      {
        "date": "2025-01-03",
        "close": 92.982437,
        "volume": 71970,
        "typical_volume": 147330.65,
        "trend": 88.912964,
        "fair_value": 71.726566,
        "relative_strength": 0.510839,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.192665,
        "energy": 24.413688,
        "activity_lines": [
          93.395466,
          94.226498,
          93.243826,
          91.543218
        ]
      },
      {
        "date": "2025-01-10",
        "close": 91.113383,
        "volume": 43474,
        "typical_volume": 142830.6,
        "trend": 89.294158,
        "fair_value": 71.832653,
        "relative_strength": 0.414906,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.806363,
        "energy": 22.961236,
        "activity_lines": [
          92.449197,
          93.656478,
          93.162621,
          91.685181
        ]
      },
      {
        "date": "2025-01-17",
        "close": 95.685934,
        "volume": 120446,
        "typical_volume": 121993.45,
        "trend": 89.787205,
        "fair_value": 71.992114,
        "relative_strength": 2.355821,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.766044,
        "energy": 21.943207,
        "activity_lines": [
          93.378313,
          93.910347,
          93.50036,
          92.097553
        ]
      },
      {
        "date": "2025-01-24",
        "close": 97.609396,
        "volume": 368964,
        "typical_volume": 137520.85,
        "trend": 90.335026,
        "fair_value": 72.164187,
        "relative_strength": 2.557143,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.581895,
        "energy": 39.328329,
        "activity_lines": [
          94.893442,
          94.48698,
          93.990883,
          92.602211
        ]
      },
      {
        "date": "2025-01-31",
        "close": 98.516478,
        "volume": 57713,
        "typical_volume": 137691.3,
        "trend": 90.869343,
        "fair_value": 72.326803,
        "relative_strength": 4.435494,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.941022,
        "energy": 53.079358,
        "activity_lines": [
          96.352465,
          95.176041,
          94.516283,
          93.130047
        ]
      },
      {
        "date": "2025-02-07",
        "close": 99.496393,
        "volume": 65616,
        "typical_volume": 139801.7,
        "trend": 91.379325,
        "fair_value": 72.492657,
        "relative_strength": 5.474761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.267727,
        "energy": 78.57701,
        "activity_lines": [
          97.790754,
          95.998204,
          95.084448,
          93.68663
        ]
      },
      {
        "date": "2025-02-14",
        "close": 100.5093,
        "volume": 38402,
        "typical_volume": 140433.55,
        "trend": 91.918334,
        "fair_value": 72.67481,
        "relative_strength": 4.851202,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.409867,
        "energy": 83.089649,
        "activity_lines": [
          99.132415,
          96.960213,
          95.703486,
          94.275661
        ]
      },
      {
        "date": "2025-02-21",
        "close": 98.932927,
        "volume": 352954,
        "typical_volume": 155090.15,
        "trend": 92.382868,
        "fair_value": 72.854578,
        "relative_strength": 4.74928,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.009347,
        "energy": 76.481847,
        "activity_lines": [
          99.322224,
          97.560555,
          96.12283,
          94.728215
        ]
      },
      {
        "date": "2025-02-28",
        "close": 101.020577,
        "volume": 166714,
        "typical_volume": 158744.6,
        "trend": 93.010461,
        "fair_value": 73.078158,
        "relative_strength": 7.778104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.296247,
        "energy": 76.094786,
        "activity_lines": [
          99.99145,
          98.466396,
          96.69994,
          95.285487
        ]
      },
      {
        "date": "2025-03-07",
        "close": 98.894726,
        "volume": 149134,
        "typical_volume": 133091.8,
        "trend": 93.560965,
        "fair_value": 73.29121,
        "relative_strength": 8.649298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.936042,
        "energy": 51.732918,
        "activity_lines": [
          99.724647,
          98.825933,
          97.027643,
          95.665117
        ]
      },
      {
        "date": "2025-03-14",
        "close": 98.039736,
        "volume": 328912,
        "typical_volume": 116828.05,
        "trend": 93.971318,
        "fair_value": 73.467619,
        "relative_strength": 9.983782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.521968,
        "energy": 40.831366,
        "activity_lines": [
          99.147631,
          98.928402,
          97.246229,
          95.95407
        ]
      },
      {
        "date": "2025-03-21",
        "close": 99.303458,
        "volume": 178961,
        "typical_volume": 123431.95,
        "trend": 94.360081,
        "fair_value": 73.647508,
        "relative_strength": 10.563556,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.60904,
        "energy": 35.752919,
        "activity_lines": [
          99.088966,
          99.168688,
          97.549873,
          96.298079
        ]
      },
      {
        "date": "2025-03-28",
        "close": 98.921641,
        "volume": 68453,
        "typical_volume": 123483.85,
        "trend": 94.680756,
        "fair_value": 73.831204,
        "relative_strength": 11.509027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.728903,
        "energy": 27.615963,
        "activity_lines": [
          98.983418,
          99.190642,
          97.776194,
          96.592373
        ]
      },
      {
        "date": "2025-04-04",
        "close": 88.75958,
        "volume": 372455,
        "typical_volume": 140203.85,
        "trend": 94.746344,
        "fair_value": 73.957085,
        "relative_strength": 9.786033,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -4.429741,
        "energy": 15.860114,
        "activity_lines": [
          95.491269,
          97.306118,
          97.012231,
          96.210362
        ]
      },
      {
        "date": "2025-04-11",
        "close": 93.399658,
        "volume": 75559,
        "typical_volume": 141749.0,
        "trend": 94.929708,
        "fair_value": 74.121669,
        "relative_strength": 9.046105,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.07663,
        "energy": 23.401673,
        "activity_lines": [
          94.363212,
          96.42615,
          96.718574,
          96.123479
        ]
      },
      {
        "date": "2025-04-18",
        "close": 94.914195,
        "volume": 45963,
        "typical_volume": 140122.1,
        "trend": 95.096127,
        "fair_value": 74.304359,
        "relative_strength": 12.112497,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.350275,
        "energy": 25.701914,
        "activity_lines": [
          94.106339,
          95.914586,
          96.581721,
          96.122478
        ]
      },
      {
        "date": "2025-04-25",
        "close": 98.579953,
        "volume": 93015,
        "typical_volume": 138851.15,
        "trend": 95.378762,
        "fair_value": 74.528861,
        "relative_strength": 11.030681,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 0.012063,
        "energy": 15.828796,
        "activity_lines": [
          95.279755,
          96.152835,
          96.804201,
          96.347241
        ]
      },
      {
        "date": "2025-05-02",
        "close": 101.09775,
        "volume": 57148,
        "typical_volume": 138843.0,
        "trend": 95.738323,
        "fair_value": 74.771306,
        "relative_strength": 10.354563,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 47.222172,
        "energy": 21.492103,
        "activity_lines": [
          97.34067,
          96.883945,
          97.256001,
          96.716208
        ]
      },
      {
        "date": "2025-05-09",
        "close": 101.821255,
        "volume": 189466,
        "typical_volume": 144183.65,
        "trend": 96.09363,
        "fair_value": 75.027293,
        "relative_strength": 11.339311,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 51.999976,
        "energy": 36.674543,
        "activity_lines": [
          99.497679,
          97.707241,
          97.746998,
          97.108655
        ]
      },
      {
        "date": "2025-05-16",
        "close": 104.946797,
        "volume": 66093,
        "typical_volume": 145570.6,
        "trend": 96.489192,
        "fair_value": 75.304273,
        "relative_strength": 8.769737,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 73.448595,
        "energy": 65.789077,
        "activity_lines": [
          101.825757,
          99.08426,
          98.490004,
          97.679827
        ]
      },
      {
        "date": "2025-05-23",
        "close": 103.63185,
        "volume": 60007,
        "typical_volume": 144972.45,
        "trend": 96.922663,
        "fair_value": 75.545888,
        "relative_strength": 9.920045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.89214,
        "energy": 71.260636,
        "activity_lines": [
          102.94571,
          100.112159,
          99.052344,
          98.140644
        ]
      },
      {
        "date": "2025-05-30",
        "close": 105.031302,
        "volume": 55122,
        "typical_volume": 145554.85,
        "trend": 97.400315,
        "fair_value": 75.803743,
        "relative_strength": 9.202902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.421695,
        "energy": 75.016765,
        "activity_lines": [
          103.950971,
          101.29283,
          99.697254,
          98.663782
        ]
      },
      {
        "date": "2025-06-06",
        "close": 106.263575,
        "volume": 120414,
        "typical_volume": 145553.25,
        "trend": 97.802324,
        "fair_value": 76.096731,
        "relative_strength": 8.408979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.405727,
        "energy": 77.351032,
        "activity_lines": [
          104.936899,
          102.593408,
          100.393247,
          99.235605
        ]
      },
      {
        "date": "2025-06-13",
        "close": 103.847069,
        "volume": 68194,
        "typical_volume": 130514.75,
        "trend": 98.106487,
        "fair_value": 76.389895,
        "relative_strength": 6.008322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.998928,
        "energy": 63.656579,
        "activity_lines": [
          104.772937,
          103.321131,
          100.808727,
          99.625589
        ]
      },
      {
        "date": "2025-06-20",
        "close": 104.157306,
        "volume": 37639,
        "typical_volume": 129511.05,
        "trend": 98.377134,
        "fair_value": 76.670764,
        "relative_strength": 6.187641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.356027,
        "energy": 49.21428,
        "activity_lines": [
          104.577332,
          103.830943,
          101.224051,
          100.015964
        ]
      },
      {
        "date": "2025-06-27",
        "close": 107.993007,
        "volume": 56874,
        "typical_volume": 129073.95,
        "trend": 98.741606,
        "fair_value": 76.981404,
        "relative_strength": 6.100097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.496022,
        "energy": 53.381324,
        "activity_lines": [
          105.712928,
          104.842561,
          101.977818,
          100.636343
        ]
      },
      {
        "date": "2025-07-04",
        "close": 109.543861,
        "volume": 69599,
        "typical_volume": 130633.8,
        "trend": 99.180355,
        "fair_value": 77.303137,
        "relative_strength": 5.527053,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.425968,
        "energy": 73.726093,
        "activity_lines": [
          107.074731,
          105.898357,
          102.838825,
          101.333263
        ]
      },
      {
        "date": "2025-07-11",
        "close": 108.247085,
        "volume": 508736,
        "typical_volume": 138422.9,
        "trend": 99.626631,
        "fair_value": 77.625946,
        "relative_strength": 4.307371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.923152,
        "energy": 83.48272,
        "activity_lines": [
          107.703438,
          106.519031,
          103.533308,
          101.918213
        ]
      },
      {
        "date": "2025-07-18",
        "close": 108.725925,
        "volume": 54519,
        "typical_volume": 132813.15,
        "trend": 100.176415,
        "fair_value": 77.940248,
        "relative_strength": 3.895042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.028061,
        "energy": 85.654144,
        "activity_lines": [
          108.359525,
          107.096779,
          104.229042,
          102.505264
        ]
      },
      {
        "date": "2025-07-25",
        "close": 110.963768,
        "volume": 61446,
        "typical_volume": 128428.75,
        "trend": 100.765011,
        "fair_value": 78.255878,
        "relative_strength": 4.255301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.904934,
        "energy": 91.616194,
        "activity_lines": [
          109.436302,
          107.955868,
          105.101212,
          103.201223
        ]
      },
      {
        "date": "2025-08-01",
        "close": 107.07471,
        "volume": 54482,
        "typical_volume": 114707.25,
        "trend": 101.234753,
        "fair_value": 78.546809,
        "relative_strength": 2.899667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.755339,
        "energy": 74.979345,
        "activity_lines": [
          108.762962,
          107.998456,
          105.545524,
          103.6083
        ]
      },
      {
        "date": "2025-08-08",
        "close": 109.572983,
        "volume": 79654,
        "typical_volume": 109741.9,
        "trend": 101.850073,
        "fair_value": 78.835382,
        "relative_strength": 2.563134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.477324,
        "energy": 60.186019,
        "activity_lines": [
          108.9836,
          108.432678,
          106.184742,
          104.14625
        ]
      },
      {
        "date": "2025-08-15",
        "close": 111.501241,
        "volume": 69239,
        "typical_volume": 109781.2,
        "trend": 102.37725,
        "fair_value": 79.147431,
        "relative_strength": 3.154955,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.898041,
        "energy": 65.079993,
        "activity_lines": [
          109.845049,
          109.134917,
          106.958702,
          104.768906
        ]
      },
      {
        "date": "2025-08-22",
        "close": 113.275879,
        "volume": 112423,
        "typical_volume": 96779.6,
        "trend": 102.899466,
        "fair_value": 79.483354,
        "relative_strength": 4.281866,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.854112,
        "energy": 68.670751,
        "activity_lines": [
          111.0811,
          110.064587,
          107.841772,
          105.472044
        ]
      },
      {
        "date": "2025-08-29",
        "close": 112.859582,
        "volume": 86233,
        "typical_volume": 97313.3,
        "trend": 103.37757,
        "fair_value": 79.824729,
        "relative_strength": 3.767792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.017059,
        "energy": 76.201801,
        "activity_lines": [
          111.875055,
          110.747133,
          108.56845,
          106.114632
        ]
      },
      {
        "date": "2025-09-05",
        "close": 111.617042,
        "volume": 178306,
        "typical_volume": 103930.45,
        "trend": 103.781591,
        "fair_value": 80.14328,
        "relative_strength": 2.163488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.159481,
        "energy": 73.516945,
        "activity_lines": [
          112.128443,
          111.04554,
          109.084125,
          106.646211
        ]
      },
      {
        "date": "2025-09-12",
        "close": 113.529469,
        "volume": 112170,
        "typical_volume": 104888.2,
        "trend": 104.215597,
        "fair_value": 80.48486,
        "relative_strength": 2.139449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.845445,
        "energy": 71.221807,
        "activity_lines": [
          112.716484,
          111.625769,
          109.702399,
          107.275106
        ]
      },
      {
        "date": "2025-09-19",
        "close": 113.954073,
        "volume": 84971,
        "typical_volume": 106279.35,
        "trend": 104.716302,
        "fair_value": 80.851625,
        "relative_strength": 1.1381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.930348,
        "energy": 64.125328,
        "activity_lines": [
          113.182294,
          112.210734,
          110.289923,
          107.903395
        ]
      },
      {
        "date": "2025-09-26",
        "close": 113.68045,
        "volume": 92077,
        "typical_volume": 101409.9,
        "trend": 105.138298,
        "fair_value": 81.227232,
        "relative_strength": 1.042271,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.266982,
        "energy": 61.724481,
        "activity_lines": [
          113.393374,
          112.642185,
          110.790167,
          108.481727
        ]
      },
      {
        "date": "2025-10-03",
        "close": 113.962868,
        "volume": 151145,
        "typical_volume": 105662.5,
        "trend": 105.640569,
        "fair_value": 81.598315,
        "relative_strength": 0.052825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.22549,
        "energy": 60.737343,
        "activity_lines": [
          113.671623,
          113.034903,
          111.260835,
          109.051054
        ]
      },
      {
        "date": "2025-10-10",
        "close": 110.484928,
        "volume": 40779,
        "typical_volume": 104701.1,
        "trend": 106.055409,
        "fair_value": 81.948888,
        "relative_strength": -0.707894,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.406518,
        "energy": 42.664322,
        "activity_lines": [
          112.717005,
          112.740739,
          111.357338,
          109.363593
        ]
      },
      {
        "date": "2025-10-17",
        "close": 110.436067,
        "volume": 62578,
        "typical_volume": 105073.9,
        "trend": 106.426496,
        "fair_value": 82.283713,
        "relative_strength": -2.506082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.823412,
        "energy": 29.483416,
        "activity_lines": [
          111.821575,
          112.375687,
          111.416553,
          109.646216
        ]
      },
      {
        "date": "2025-10-24",
        "close": 112.146209,
        "volume": 95881,
        "typical_volume": 103847.25,
        "trend": 106.867315,
        "fair_value": 82.614698,
        "relative_strength": -2.954903,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.022626,
        "energy": 22.55519,
        "activity_lines": [
          111.702419,
          112.305878,
          111.612902,
          110.01523
        ]
      },
      {
        "date": "2025-10-31",
        "close": 111.72053,
        "volume": 48646,
        "typical_volume": 102869.85,
        "trend": 107.63268,
        "fair_value": 82.940306,
        "relative_strength": -4.037914,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.612376,
        "energy": 22.326386,
        "activity_lines": [
          111.561894,
          112.146946,
          111.740698,
          110.328341
        ]
      },
      {
        "date": "2025-11-07",
        "close": 112.76186,
        "volume": 268961,
        "typical_volume": 114435.95,
        "trend": 108.278086,
        "fair_value": 83.250241,
        "relative_strength": -1.638677,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.790414,
        "energy": 22.178555,
        "activity_lines": [
          111.899141,
          112.205626,
          111.930175,
          110.659256
        ]
      },
      {
        "date": "2025-11-14",
        "close": 113.11366,
        "volume": 145931,
        "typical_volume": 118888.8,
        "trend": 108.884735,
        "fair_value": 83.565082,
        "relative_strength": -1.524563,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.575692,
        "energy": 33.075344,
        "activity_lines": [
          112.433721,
          112.330046,
          112.112183,
          110.971228
        ]
      },
      {
        "date": "2025-11-21",
        "close": 110.729234,
        "volume": 59030,
        "typical_volume": 118360.35,
        "trend": 109.289711,
        "fair_value": 83.854904,
        "relative_strength": -1.766467,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.116063,
        "energy": 18.680182,
        "activity_lines": [
          111.998244,
          111.993723,
          112.042718,
          111.090228
        ]
      },
      {
        "date": "2025-11-28",
        "close": 114.249487,
        "volume": 82203,
        "typical_volume": 97033.7,
        "trend": 109.728102,
        "fair_value": 84.166024,
        "relative_strength": -2.301994,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.821032,
        "energy": 34.297519,
        "activity_lines": [
          112.71664,
          112.348359,
          112.302872,
          111.410214
        ]
      },
      {
        "date": "2025-12-05",
        "close": 115.07788,
        "volume": 170156,
        "typical_volume": 102815.55,
        "trend": 110.16999,
        "fair_value": 84.494435,
        "relative_strength": -2.004488,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 65.399735,
        "energy": 42.35591,
        "activity_lines": [
          113.570949,
          112.848241,
          112.613337,
          111.755361
        ]
      },
      {
        "date": "2025-12-12",
        "close": 117.745701,
        "volume": 130723,
        "typical_volume": 106279.4,
        "trend": 110.59662,
        "fair_value": 84.849057,
        "relative_strength": 0.689155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.815049,
        "energy": 67.917561,
        "activity_lines": [
          115.090708,
          113.807773,
          113.147632,
          112.244116
        ]
      },
      {
        "date": "2025-12-19",
        "close": 118.366899,
        "volume": 114541,
        "typical_volume": 109282.35,
        "trend": 111.087788,
        "fair_value": 85.198541,
        "relative_strength": 0.916986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.657648,
        "energy": 80.573348,
        "activity_lines": [
          116.485276,
          114.811472,
          113.708795,
          112.745425
        ]
      },
      {
        "date": "2025-12-26",
        "close": 120.713531,
        "volume": 165959,
        "typical_volume": 113597.6,
        "trend": 111.610529,
        "fair_value": 85.56149,
        "relative_strength": 1.285223,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.027276,
        "energy": 88.646993,
        "activity_lines": [
          118.31184,
          116.098523,
          114.439674,
          113.36644
        ]
      },
      {
        "date": "2026-01-02",
        "close": 120.013485,
        "volume": 130227,
        "typical_volume": 116647.0,
        "trend": 112.06886,
        "fair_value": 85.903816,
        "relative_strength": 1.560737,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.415677,
        "energy": 87.350343,
        "activity_lines": [
          119.239435,
          117.071429,
          115.050831,
          113.908566
        ]
      },
      {
        "date": "2026-01-09",
        "close": 120.940306,
        "volume": 171503,
        "typical_volume": 119601.0,
        "trend": 112.638634,
        "fair_value": 86.238871,
        "relative_strength": 0.565029,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.481426,
        "energy": 88.921374,
        "activity_lines": [
          120.091704,
          118.069807,
          115.709723,
          114.480918
        ]
      },
      {
        "date": "2026-01-16",
        "close": 120.230401,
        "volume": 132635,
        "typical_volume": 121921.1,
        "trend": 113.174404,
        "fair_value": 86.574101,
        "relative_strength": 0.191506,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.053143,
        "energy": 82.906144,
        "activity_lines": [
          120.31651,
          118.771479,
          116.264508,
          114.970709
        ]
      },
      {
        "date": "2026-01-23",
        "close": 118.731711,
        "volume": 110690,
        "typical_volume": 118540.3,
        "trend": 113.532361,
        "fair_value": 86.889387,
        "relative_strength": -0.816709,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.78815,
        "energy": 57.243244,
        "activity_lines": [
          119.876105,
          119.064871,
          116.641461,
          115.329245
        ]
      },
      {
        "date": "2026-01-30",
        "close": 120.013485,
        "volume": 133338,
        "typical_volume": 119598.7,
        "trend": 113.881348,
        "fair_value": 87.213239,
        "relative_strength": -0.229368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.10064,
        "energy": 53.499054,
        "activity_lines": [
          119.838638,
          119.489166,
          117.106608,
          115.747382
        ]
      },
      {
        "date": "2026-02-06",
        "close": 121.75867,
        "volume": 146072,
        "typical_volume": 122653.75,
        "trend": 114.331734,
        "fair_value": 87.550384,
        "relative_strength": 1.321247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.509508,
        "energy": 55.371369,
        "activity_lines": [
          120.429569,
          120.061962,
          117.707087,
          116.255596
        ]
      },
      {
        "date": "2026-02-13",
        "close": 118.100684,
        "volume": 64630,
        "typical_volume": 121281.4,
        "trend": 114.644226,
        "fair_value": 87.865015,
        "relative_strength": -0.515019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.282608,
        "energy": 36.861239,
        "activity_lines": [
          119.684825,
          119.83314,
          117.922022,
          116.498754
        ]
      },
      {
        "date": "2026-02-20",
        "close": 120.121943,
        "volume": 85858,
        "typical_volume": 118017.05,
        "trend": 114.949499,
        "fair_value": 88.202541,
        "relative_strength": -0.021244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.423489,
        "energy": 38.420088,
        "activity_lines": [
          119.803143,
          119.916859,
          118.308409,
          116.852156
        ]
      },
      {
        "date": "2026-02-27",
        "close": 118.100684,
        "volume": 258542,
        "typical_volume": 128905.2,
        "trend": 115.317031,
        "fair_value": 88.520446,
        "relative_strength": -1.21231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.337014,
        "energy": 29.774513,
        "activity_lines": [
          119.254938,
          119.589872,
          118.472966,
          117.055458
        ]
      },
      {
        "date": "2026-03-06",
        "close": 113.220083,
        "volume": 774839,
        "typical_volume": 164518.25,
        "trend": 115.438601,
        "fair_value": 88.837815,
        "relative_strength": -3.320844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 3.423266,
        "energy": 15.0876,
        "activity_lines": [
          117.121935,
          118.380344,
          118.136439,
          116.920171
        ]
      },
      {
        "date": "2026-03-13",
        "close": 109.828312,
        "volume": 282468,
        "typical_volume": 173847.6,
        "trend": 115.382837,
        "fair_value": 89.157468,
        "relative_strength": -4.678795,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -41.226277,
        "energy": 41.191233,
        "activity_lines": [
          114.311234,
          116.690374,
          117.463628,
          116.558217
        ]
      },
      {
        "date": "2026-03-20",
        "close": 109.769153,
        "volume": 354468,
        "typical_volume": 189138.7,
        "trend": 115.265946,
        "fair_value": 89.472651,
        "relative_strength": -2.888866,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.925793,
        "energy": 56.994241,
        "activity_lines": [
          112.276172,
          115.174833,
          116.796221,
          116.196043
        ]
      },
      {
        "date": "2026-03-27",
        "close": 108.490337,
        "volume": 150849,
        "typical_volume": 183233.1,
        "trend": 115.120305,
        "fair_value": 89.764686,
        "relative_strength": -1.731153,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.457903,
        "energy": 70.38698,
        "activity_lines": [
          110.370272,
          113.629892,
          116.016315,
          115.758907
        ]
      },
      {
        "date": "2026-04-03",
        "close": 113.180644,
        "volume": 316309,
        "typical_volume": 191752.0,
        "trend": 115.172425,
        "fair_value": 90.085352,
        "relative_strength": -0.825175,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.594231,
        "energy": 61.604408,
        "activity_lines": [
          110.803249,
          113.15119,
          115.703444,
          115.633768
        ]
      },
      {
        "date": "2026-04-10",
        "close": 117.580678,
        "volume": 93135,
        "typical_volume": 193457.25,
        "trend": 115.307465,
        "fair_value": 90.422915,
        "relative_strength": -0.510105,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -8.7974,
        "energy": 21.544795,
        "activity_lines": [
          113.030906,
          113.573422,
          115.809306,
          115.789139
        ]
      },
      {
        "date": "2026-04-17",
        "close": 121.620633,
        "volume": 71587,
        "typical_volume": 192926.45,
        "trend": 115.563017,
        "fair_value": 90.783727,
        "relative_strength": -1.416557,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 30.682205,
        "energy": 19.615539,
        "activity_lines": [
          116.314509,
          114.774425,
          116.267299,
          116.19644
        ]
      },
      {
        "date": "2026-04-24",
        "close": 118.095951,
        "volume": 88236,
        "typical_volume": 188830.45,
        "trend": 115.7102,
        "fair_value": 91.122472,
        "relative_strength": -4.617687,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.703734,
        "energy": 23.901139,
        "activity_lines": [
          117.637063,
          115.337086,
          116.354508,
          116.359855
        ]
      },
      {
        "date": "2026-05-01",
        "close": 119.466562,
        "volume": 51550,
        "typical_volume": 184871.8,
        "trend": 115.893657,
        "fair_value": 91.476841,
        "relative_strength": -4.253577,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 37.772652,
        "energy": 36.697462,
        "activity_lines": [
          118.861368,
          116.149035,
          116.557879,
          116.602201
        ]
      },
      {
        "date": "2026-05-08",
        "close": 119.313439,
        "volume": 149019,
        "typical_volume": 186595.7,
        "trend": 116.187941,
        "fair_value": 91.836076,
        "relative_strength": -6.360545,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 47.003854,
        "energy": 38.275463,
        "activity_lines": [
          119.302883,
          116.94506,
          116.738472,
          116.822832
        ]
      },
      {
        "date": "2026-05-15",
        "close": 118.140123,
        "volume": 39965,
        "typical_volume": 180296.0,
        "trend": 116.444743,
        "fair_value": 92.18019,
        "relative_strength": -7.281587,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 44.746025,
        "energy": 37.881952,
        "activity_lines": [
          118.944439,
          117.505704,
          116.802814,
          116.94878
        ]
      },
      {
        "date": "2026-05-22",
        "close": 120.476896,
        "volume": 47647,
        "typical_volume": 176167.0,
        "trend": 116.722432,
        "fair_value": 92.546883,
        "relative_strength": -6.064496,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 52.231231,
        "energy": 33.787432,
        "activity_lines": [
          119.327624,
          118.401761,
          117.10196,
          117.208919
        ]
      },
      {
        "date": "2026-05-29",
        "close": 120.240261,
        "volume": 54550,
        "typical_volume": 170319.35,
        "trend": 117.006423,
        "fair_value": 92.904752,
        "relative_strength": -7.371817,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 49.315617,
        "energy": 31.977827,
        "activity_lines": [
          119.70818,
          119.061183,
          117.376362,
          117.435875
        ]
      },
      {
        "date": "2026-06-05",
        "close": 119.983906,
        "volume": 42186,
        "typical_volume": 165796.9,
        "trend": 117.247158,
        "fair_value": 93.257202,
        "relative_strength": -5.019042,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.337154,
        "energy": 34.381327,
        "activity_lines": [
          119.86033,
          119.483611,
          117.629684,
          117.627971
        ]
      },
      {
        "date": "2026-06-12",
        "close": 123.592593,
        "volume": 238029,
        "typical_volume": 172163.85,
        "trend": 117.596456,
        "fair_value": 93.625715,
        "relative_strength": -2.614423,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.968827,
        "energy": 59.389512,
        "activity_lines": [
          121.180886,
          120.353189,
          118.227863,
          118.037354
        ]
      },
      {
        "date": "2026-06-19",
        "close": 124.88,
        "volume": 357136,
        "typical_volume": 183353.75,
        "trend": 118.068148,
        "fair_value": 94.013946,
        "relative_strength": -2.396974,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.720074,
        "energy": 70.040592,
        "activity_lines": [
          122.645301,
          121.267534,
          118.925506,
          118.50726
        ]
      },
      {
        "date": "2026-06-26",
        "close": 123.97,
        "volume": 197646,
        "typical_volume": 185932.45,
        "trend": 118.392165,
        "fair_value": 94.383631,
        "relative_strength": -0.665304,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.371415,
        "energy": 70.419992,
        "activity_lines": [
          123.357057,
          121.883709,
          119.513308,
          118.888025
        ]
      },
      {
        "date": "2026-07-03",
        "close": 127.77,
        "volume": 221757,
        "typical_volume": 193788.8,
        "trend": 118.815236,
        "fair_value": 94.781655,
        "relative_strength": 0.271615,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.530995,
        "energy": 84.043989,
        "activity_lines": [
          125.102606,
          123.148078,
          120.452485,
          119.493046
        ]
      },
      {
        "date": "2026-07-10",
        "close": 129.24,
        "volume": 318066,
        "typical_volume": 205399.2,
        "trend": 119.198379,
        "fair_value": 95.17734,
        "relative_strength": 0.1074,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.205963,
        "energy": 89.650215,
        "activity_lines": [
          126.836173,
          124.503827,
          121.485617,
          120.165612
        ]
      },
      {
        "date": "2026-07-17",
        "close": 129.9,
        "volume": 555392,
        "typical_volume": 220241.7,
        "trend": 119.582816,
        "fair_value": 95.56781,
        "relative_strength": 2.201603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.734476,
        "energy": 91.522093,
        "activity_lines": [
          128.172667,
          125.801878,
          122.538187,
          120.856039
        ]
      },
      {
        "date": "2026-07-24",
        "close": 130.96,
        "volume": 269969,
        "typical_volume": 194998.2,
        "trend": 119.924365,
        "fair_value": 95.962427,
        "relative_strength": 3.630318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.510904,
        "energy": 92.429166,
        "activity_lines": [
          129.442,
          127.100173,
          123.635523,
          121.590051
        ]
      },
      {
        "date": "2026-07-31",
        "close": 133.0,
        "volume": 354307,
        "typical_volume": 198590.15,
        "trend": 120.357248,
        "fair_value": 96.378056,
        "relative_strength": 4.057668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.916912,
        "energy": 93.668492,
        "activity_lines": [
          130.986,
          128.536288,
          124.842668,
          122.43364
        ]
      },
      {
        "date": "2026-08-07",
        "close": 134.66,
        "volume": 132950,
        "typical_volume": 187514.25,
        "trend": 120.814572,
        "fair_value": 96.805811,
        "relative_strength": 1.779406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.199661,
        "energy": 94.110224,
        "activity_lines": [
          132.481333,
          130.046529,
          126.097567,
          123.356398
        ]
      }
    ],
    "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."
    }
  }
}