{
  "ticker": {
    "uuid": "d5288750-b5df-4640-9134-d2c8e4e5115f",
    "symbol": "UL3S",
    "name": "WisdomTree US Treasuries 30Y 3x Daily Short",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 69.593,
    "architecture_energy": 78.281,
    "architecture_maturity": 14.723,
    "architecture_confidence": 73.107,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 7.28,
        "rotation_up": 80.6,
        "upward_expansion": 95.88,
        "deceleration": 39.08,
        "rotation_down": 8.8,
        "downward_expansion": 17.88
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      "activity_lines": [
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      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 9977.5,
    "trend_reference": 8996.5,
    "distance_from_trend": 0.109042,
    "trend_direction": "Improving",
    "fair_value": 8822.270463,
    "distance_from_fair_value": 0.130945,
    "fair_value_direction": "Improving",
    "relative_strength": 4.287587,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.156476,
    "excess_performance": 0.105241,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.109042,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.032933,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.130945,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.106434,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.042876,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.09874,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.156476,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.656795,
        "read": "Supply-led"
      }
    ],
    "volume": {
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      "relative_activity": 2.148361,
      "balance": 0.656795,
      "dry_up": 1.234098,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.045663,
      "annualized_volatility": 0.310487,
      "from_high_reference": -0.042622,
      "from_low_reference": 0.307667
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    "levels": {
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      "fair_value_reference": 8822.270463,
      "structural_low": 7820.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
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    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 20,
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        "directional_follow_through": 0.6,
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        "worst_return": -0.217979,
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        "sufficient": true
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        "date": "2026-04-17",
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        "date": "2026-05-08",
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        "relative_strength": -5.586449,
        "stage": 4,
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      },
      {
        "date": "2026-05-22",
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        "volume": 1109,
        "typical_volume": 721.25,
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        "date": "2026-05-29",
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      {
        "date": "2026-06-05",
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        "relative_strength": -0.474788,
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        "date": "2026-06-12",
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      {
        "date": "2026-06-26",
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      },
      {
        "date": "2026-07-03",
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      {
        "date": "2026-07-10",
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      },
      {
        "date": "2026-07-17",
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        "volume": 185,
        "typical_volume": 542.5,
        "trend": 8863.833333,
        "fair_value": 8781.103796,
        "relative_strength": 0.314887,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
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        "energy": 30.823091,
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      },
      {
        "date": "2026-07-24",
        "close": 9817.5,
        "volume": 1034,
        "typical_volume": 584.0,
        "trend": 8902.75,
        "fair_value": 8797.264052,
        "relative_strength": 3.966828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.537212,
        "energy": 63.009911,
        "activity_lines": [
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          9078.913978
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      },
      {
        "date": "2026-07-31",
        "close": 10300.0,
        "volume": 337,
        "typical_volume": 501.9,
        "trend": 8953.0,
        "fair_value": 8811.520463,
        "relative_strength": 7.832093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.697176,
        "energy": 81.748259,
        "activity_lines": [
          9790.833333,
          9490.590909,
          9330.25,
          9169.05914
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      },
      {
        "date": "2026-08-07",
        "close": 9977.5,
        "volume": 1199,
        "typical_volume": 558.1,
        "trend": 8996.5,
        "fair_value": 8822.270463,
        "relative_strength": 4.287587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.5927,
        "energy": 78.281121,
        "activity_lines": [
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      }
    ],
    "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."
    }
  }
}