{
  "ticker": {
    "uuid": "d594c75e-f532-47aa-a647-bc0c5e2e9752",
    "symbol": "XDEB",
    "name": "Xtrackers MSCI World Minimum Volatility UCITS ETF 1C",
    "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": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 55.925,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 83.665,
    "architecture_energy": 74.132,
    "architecture_maturity": 13.426,
    "architecture_confidence": 67.285,
    "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": 9.14,
        "rotation_up": 79.41,
        "upward_expansion": 92.79,
        "deceleration": 40.04,
        "rotation_down": 10.6,
        "downward_expansion": 14.79
      },
      "activity_lines": [
        3813.866667,
        3784.636364,
        3745.990476,
        3734.063441
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 3878.0,
    "trend_reference": 3718.733333,
    "distance_from_trend": 0.042828,
    "trend_direction": "Improving",
    "fair_value": 3502.888719,
    "distance_from_fair_value": 0.107086,
    "fair_value_direction": "Improving",
    "relative_strength": -3.923506,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.048959,
    "excess_performance": -0.002277,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.042828,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.00796,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.107086,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.06011,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.039235,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.040514,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.048959,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.248462,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 52188,
      "relative_activity": 1.099499,
      "balance": 3.248462,
      "dry_up": 0.812252,
      "accumulation_observations": 4,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.017423,
      "annualized_volatility": 0.092262,
      "from_high_reference": -0.20932,
      "from_low_reference": 0.087798
    },
    "levels": {
      "trend_reference": 3718.733333,
      "fair_value_reference": 3502.888719,
      "structural_low": 3570.850098,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 28,
        "median_return": 0.007238,
        "positive_rate": 0.535714,
        "directional_follow_through": 0.535714,
        "median_excess_return": -0.006146,
        "regime_survival": 0.714286,
        "best_return": 0.045661,
        "worst_return": -0.038605,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.005326,
        "positive_rate": 0.7,
        "directional_follow_through": 0.7,
        "median_excess_return": 0.005056,
        "regime_survival": 0.3,
        "best_return": 0.063278,
        "worst_return": -0.050008,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.029944,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.035277,
        "regime_survival": 0.285714,
        "best_return": 0.098344,
        "worst_return": -0.024236,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.042769,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.011483,
        "regime_survival": 0.5,
        "best_return": 0.165973,
        "worst_return": -0.006694,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-07-26",
        "tenure": "Established",
        "return": 0.034583,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": 0.048802,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.011747,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": -0.020735,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-21",
        "end": "2025-04-25",
        "tenure": "Developing",
        "return": -0.034469,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-05-02",
        "end": "2025-05-09",
        "tenure": "New",
        "return": -0.002888,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-10-10",
        "tenure": "Established",
        "return": 0.003838,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-17",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.005753,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2026-02-20",
        "tenure": "Developing",
        "return": 0.027618,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-27",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.044873,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-03",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": -0.026724,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-08",
        "end": "2026-05-22",
        "tenure": "New",
        "return": 0.034129,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-07-03",
        "tenure": "Developing",
        "return": 0.022349,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.035238,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 2980.0,
        "volume": 9153,
        "typical_volume": 10565.25,
        "trend": 3045.6,
        "fair_value": 2905.990385,
        "relative_strength": 0.555016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.390373,
        "energy": 20.719844,
        "activity_lines": [
          3016.5,
          3010.063636,
          3023.235714,
          3033.563441
        ]
      },
      {
        "date": "2023-08-25",
        "close": 3025.0,
        "volume": 5361,
        "typical_volume": 10594.1,
        "trend": 3045.233333,
        "fair_value": 2908.785256,
        "relative_strength": 1.075435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.745933,
        "energy": 15.939437,
        "activity_lines": [
          3016.133333,
          3013.345455,
          3021.504762,
          3032.234409
        ]
      },
      {
        "date": "2023-09-01",
        "close": 3050.0,
        "volume": 1659,
        "typical_volume": 10175.6,
        "trend": 3043.25,
        "fair_value": 2911.903846,
        "relative_strength": 0.311035,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.291315,
        "energy": 9.090519,
        "activity_lines": [
          3025.866667,
          3020.927273,
          3022.452381,
          3032.541935
        ]
      },
      {
        "date": "2023-09-08",
        "close": 3065.0,
        "volume": 15622,
        "typical_volume": 10499.9,
        "trend": 3042.45,
        "fair_value": 2914.451923,
        "relative_strength": 0.731996,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.664904,
        "energy": 6.632973,
        "activity_lines": [
          3040.066667,
          3030.236364,
          3025.104762,
          3033.945161
        ]
      },
      {
        "date": "2023-09-15",
        "close": 3118.5,
        "volume": 39281,
        "typical_volume": 11850.3,
        "trend": 3042.916667,
        "fair_value": 2917.487179,
        "relative_strength": -0.484016,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 40.724437,
        "energy": 48.241283,
        "activity_lines": [
          3068.833333,
          3048.527273,
          3033.119048,
          3038.851613
        ]
      },
      {
        "date": "2023-09-22",
        "close": 3119.5,
        "volume": 5783,
        "typical_volume": 11127.1,
        "trend": 3045.033333,
        "fair_value": 2920.679487,
        "relative_strength": 0.107743,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 37.729663,
        "energy": 61.568703,
        "activity_lines": [
          3092.766667,
          3064.163636,
          3041.090476,
          3043.792473
        ]
      },
      {
        "date": "2023-09-29",
        "close": 3072.5,
        "volume": 4373,
        "typical_volume": 10793.2,
        "trend": 3045.533333,
        "fair_value": 2923.464744,
        "relative_strength": -0.223631,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.048204,
        "energy": 58.707621,
        "activity_lines": [
          3091.733333,
          3068.1,
          3044.383333,
          3045.564516
        ]
      },
      {
        "date": "2023-10-06",
        "close": 3025.0,
        "volume": 10548,
        "typical_volume": 10596.15,
        "trend": 3046.216667,
        "fair_value": 2925.682692,
        "relative_strength": -0.119477,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 9.340886,
        "energy": 32.913881,
        "activity_lines": [
          3071.7,
          3063.018182,
          3043.340476,
          3044.239785
        ]
      },
      {
        "date": "2023-10-13",
        "close": 3082.0,
        "volume": 8569,
        "typical_volume": 10883.7,
        "trend": 3049.333333,
        "fair_value": 2928.195513,
        "relative_strength": 0.516223,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.080104,
        "energy": 22.077238,
        "activity_lines": [
          3072.333333,
          3068.609091,
          3048.078571,
          3046.548387
        ]
      },
      {
        "date": "2023-10-20",
        "close": 3051.0,
        "volume": 2361,
        "typical_volume": 10873.4,
        "trend": 3050.966667,
        "fair_value": 2930.846154,
        "relative_strength": 2.270814,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.556557,
        "energy": 9.697612,
        "activity_lines": [
          3061.5,
          3067.363636,
          3049.740476,
          3046.655914
        ]
      },
      {
        "date": "2023-10-27",
        "close": 3016.0,
        "volume": 8098,
        "typical_volume": 11097.6,
        "trend": 3049.6,
        "fair_value": 2933.820513,
        "relative_strength": 2.746778,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.898982,
        "energy": 17.565328,
        "activity_lines": [
          3043.5,
          3059.572727,
          3047.97619,
          3044.4
        ]
      },
      {
        "date": "2023-11-03",
        "close": 3071.0,
        "volume": 20765,
        "typical_volume": 11929.1,
        "trend": 3049.05,
        "fair_value": 2936.528846,
        "relative_strength": 2.884152,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.649369,
        "energy": 7.214253,
        "activity_lines": [
          3050.733333,
          3061.127273,
          3051.433333,
          3045.780645
        ]
      },
      {
        "date": "2023-11-10",
        "close": 3080.5,
        "volume": 17478,
        "typical_volume": 12668.3,
        "trend": 3048.133333,
        "fair_value": 2939.00641,
        "relative_strength": 4.028035,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.106174,
        "energy": 8.681405,
        "activity_lines": [
          3061.233333,
          3063.572727,
          3055.511905,
          3047.809677
        ]
      },
      {
        "date": "2023-11-17",
        "close": 3078.5,
        "volume": 14453,
        "typical_volume": 13350.1,
        "trend": 3046.716667,
        "fair_value": 2941.682692,
        "relative_strength": 2.016793,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 52.175015,
        "energy": 24.591872,
        "activity_lines": [
          3067.366667,
          3065.1,
          3058.992857,
          3049.768817
        ]
      },
      {
        "date": "2023-11-24",
        "close": 3073.5,
        "volume": 23564,
        "typical_volume": 13411.95,
        "trend": 3046.183333,
        "fair_value": 2944.326923,
        "relative_strength": 2.101462,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.323753,
        "energy": 36.651784,
        "activity_lines": [
          3072.066667,
          3065.472727,
          3061.738095,
          3051.496774
        ]
      },
      {
        "date": "2023-12-01",
        "close": 3082.0,
        "volume": 22190,
        "typical_volume": 14280.35,
        "trend": 3046.35,
        "fair_value": 2947.192308,
        "relative_strength": 1.829102,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.517076,
        "energy": 42.713159,
        "activity_lines": [
          3078.1,
          3068.209091,
          3064.764286,
          3053.807527
        ]
      },
      {
        "date": "2023-12-08",
        "close": 3124.0,
        "volume": 38840,
        "typical_volume": 15346.5,
        "trend": 3046.75,
        "fair_value": 2950.038462,
        "relative_strength": 2.857854,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.64061,
        "energy": 59.445062,
        "activity_lines": [
          3093.733333,
          3079.263636,
          3071.142857,
          3058.817204
        ]
      },
      {
        "date": "2023-12-15",
        "close": 3096.0,
        "volume": 5341,
        "typical_volume": 13771.0,
        "trend": 3046.65,
        "fair_value": 2952.826923,
        "relative_strength": 1.666393,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.094258,
        "energy": 50.907883,
        "activity_lines": [
          3096.5,
          3084.290909,
          3074.509524,
          3061.994624
        ]
      },
      {
        "date": "2023-12-22",
        "close": 3098.5,
        "volume": 19078,
        "typical_volume": 14048.55,
        "trend": 3048.066667,
        "fair_value": 2955.929487,
        "relative_strength": 0.191276,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.868876,
        "energy": 47.439295,
        "activity_lines": [
          3099.066667,
          3088.481818,
          3077.857143,
          3065.339785
        ]
      },
      {
        "date": "2023-12-29",
        "close": 3132.0,
        "volume": 812,
        "typical_volume": 13666.45,
        "trend": 3051.416667,
        "fair_value": 2959.160256,
        "relative_strength": 0.851037,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.164685,
        "energy": 58.950468,
        "activity_lines": [
          3111.466667,
          3098.463636,
          3084.002381,
          3070.754839
        ]
      },
      {
        "date": "2024-01-05",
        "close": 3148.0,
        "volume": 12661,
        "typical_volume": 13841.85,
        "trend": 3055.933333,
        "fair_value": 2962.208333,
        "relative_strength": 1.923839,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.56122,
        "energy": 60.037467,
        "activity_lines": [
          3125.3,
          3109.881818,
          3091.238095,
          3076.986022
        ]
      },
      {
        "date": "2024-01-12",
        "close": 3175.0,
        "volume": 5396,
        "typical_volume": 13843.6,
        "trend": 3061.383333,
        "fair_value": 2965.592949,
        "relative_strength": 3.568357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.278021,
        "energy": 75.974322,
        "activity_lines": [
          3143.733333,
          3123.809091,
          3100.245238,
          3084.667742
        ]
      },
      {
        "date": "2024-01-19",
        "close": 3193.5,
        "volume": 17566,
        "typical_volume": 14638.95,
        "trend": 3068.0,
        "fair_value": 2969.153846,
        "relative_strength": 6.245555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.962996,
        "energy": 84.625136,
        "activity_lines": [
          3164.933333,
          3139.209091,
          3110.3,
          3093.191398
        ]
      },
      {
        "date": "2024-01-26",
        "close": 3206.0,
        "volume": 3464,
        "typical_volume": 14031.05,
        "trend": 3074.066667,
        "fair_value": 2973.153846,
        "relative_strength": 4.098073,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.873012,
        "energy": 88.90362,
        "activity_lines": [
          3183.8,
          3154.827273,
          3120.861905,
          3102.094624
        ]
      },
      {
        "date": "2024-02-02",
        "close": 3238.5,
        "volume": 5944,
        "typical_volume": 12364.2,
        "trend": 3083.266667,
        "fair_value": 2977.115385,
        "relative_strength": 5.264722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.837705,
        "energy": 94.570462,
        "activity_lines": [
          3206.333333,
          3174.036364,
          3133.847619,
          3112.703226
        ]
      },
      {
        "date": "2024-02-09",
        "close": 3207.0,
        "volume": 952,
        "typical_volume": 12122.65,
        "trend": 3091.966667,
        "fair_value": 2980.913462,
        "relative_strength": 4.673827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.630432,
        "energy": 86.672825,
        "activity_lines": [
          3211.266667,
          3184.518182,
          3143.261905,
          3120.686022
        ]
      },
      {
        "date": "2024-02-16",
        "close": 3244.5,
        "volume": 7757,
        "typical_volume": 12291.85,
        "trend": 3098.4,
        "fair_value": 2985.326923,
        "relative_strength": 3.825422,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.291866,
        "energy": 88.979163,
        "activity_lines": [
          3224.766667,
          3199.545455,
          3155.830952,
          3130.526882
        ]
      },
      {
        "date": "2024-02-23",
        "close": 3277.5,
        "volume": 3230,
        "typical_volume": 11925.95,
        "trend": 3106.25,
        "fair_value": 2990.282051,
        "relative_strength": 4.76888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.489326,
        "energy": 89.805232,
        "activity_lines": [
          3244.633333,
          3218.381818,
          3170.72381,
          3142.08172
        ]
      },
      {
        "date": "2024-03-01",
        "close": 3260.5,
        "volume": 29469,
        "typical_volume": 12970.95,
        "trend": 3114.4,
        "fair_value": 2995.13141,
        "relative_strength": 4.352208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.028184,
        "energy": 70.335998,
        "activity_lines": [
          3253.233333,
          3230.827273,
          3182.795238,
          3152.033333
        ]
      },
      {
        "date": "2024-03-08",
        "close": 3252.5,
        "volume": 6438,
        "typical_volume": 13174.8,
        "trend": 3121.45,
        "fair_value": 2999.509615,
        "relative_strength": 4.224331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.127375,
        "energy": 71.207754,
        "activity_lines": [
          3255.533333,
          3238.872727,
          3193.254762,
          3160.943011
        ]
      },
      {
        "date": "2024-03-15",
        "close": 3270.5,
        "volume": 22636,
        "typical_volume": 13901.7,
        "trend": 3131.133333,
        "fair_value": 3003.785256,
        "relative_strength": 3.805422,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.502445,
        "energy": 77.698371,
        "activity_lines": [
          3262.9,
          3248.0,
          3204.469048,
          3170.55914
        ]
      },
      {
        "date": "2024-03-22",
        "close": 3333.0,
        "volume": 5347,
        "typical_volume": 13130.8,
        "trend": 3141.4,
        "fair_value": 3008.192308,
        "relative_strength": 3.002415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.102588,
        "energy": 79.046393,
        "activity_lines": [
          3286.866667,
          3266.263636,
          3220.42381,
          3183.582796
        ]
      },
      {
        "date": "2024-03-29",
        "close": 3345.5,
        "volume": 6215,
        "typical_volume": 12567.65,
        "trend": 3151.25,
        "fair_value": 3012.637821,
        "relative_strength": 3.008939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.354493,
        "energy": 85.887928,
        "activity_lines": [
          3309.1,
          3283.927273,
          3236.321429,
          3196.750538
        ]
      },
      {
        "date": "2024-04-05",
        "close": 3291.0,
        "volume": 4589,
        "typical_volume": 12074.45,
        "trend": 3158.783333,
        "fair_value": 3016.391026,
        "relative_strength": 1.778835,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.14379,
        "energy": 69.802542,
        "activity_lines": [
          3308.633333,
          3288.918182,
          3245.766667,
          3205.766667
        ]
      },
      {
        "date": "2024-04-12",
        "close": 3281.5,
        "volume": 6993,
        "typical_volume": 11245.9,
        "trend": 3164.216667,
        "fair_value": 3019.923077,
        "relative_strength": 0.340171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.209431,
        "energy": 64.532696,
        "activity_lines": [
          3302.966667,
          3290.636364,
          3253.295238,
          3213.683871
        ]
      },
      {
        "date": "2024-04-19",
        "close": 3278.5,
        "volume": 14551,
        "typical_volume": 10863.95,
        "trend": 3169.516667,
        "fair_value": 3023.371795,
        "relative_strength": 1.414814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.465107,
        "energy": 55.442119,
        "activity_lines": [
          3294.366667,
          3291.027273,
          3259.547619,
          3221.056989
        ]
      },
      {
        "date": "2024-04-26",
        "close": 3287.0,
        "volume": 6571,
        "typical_volume": 9250.5,
        "trend": 3176.666667,
        "fair_value": 3027.028846,
        "relative_strength": -1.421149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.854244,
        "energy": 37.793785,
        "activity_lines": [
          3288.066667,
          3291.663636,
          3265.67381,
          3228.636559
        ]
      },
      {
        "date": "2024-05-03",
        "close": 3267.5,
        "volume": 26605,
        "typical_volume": 10313.7,
        "trend": 3184.75,
        "fair_value": 3030.423077,
        "relative_strength": -2.895472,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.483473,
        "energy": 28.95962,
        "activity_lines": [
          3278.333333,
          3287.981818,
          3269.166667,
          3234.496774
        ]
      },
      {
        "date": "2024-05-10",
        "close": 3338.5,
        "volume": 7369,
        "typical_volume": 9728.25,
        "trend": 3193.3,
        "fair_value": 3034.487179,
        "relative_strength": -3.35228,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.757797,
        "energy": 44.984986,
        "activity_lines": [
          3297.466667,
          3297.390909,
          3278.604762,
          3244.416129
        ]
      },
      {
        "date": "2024-05-17",
        "close": 3312.0,
        "volume": 4698,
        "typical_volume": 9922.55,
        "trend": 3202.0,
        "fair_value": 3038.400641,
        "relative_strength": -3.937844,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.528912,
        "energy": 43.813192,
        "activity_lines": [
          3304.6,
          3300.563636,
          3284.37619,
          3252.074194
        ]
      },
      {
        "date": "2024-05-24",
        "close": 3269.5,
        "volume": 2179,
        "typical_volume": 9398.45,
        "trend": 3210.45,
        "fair_value": 3042.032051,
        "relative_strength": -3.965404,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.754503,
        "energy": 35.320252,
        "activity_lines": [
          3295.533333,
          3294.927273,
          3285.242857,
          3256.429032
        ]
      },
      {
        "date": "2024-05-31",
        "close": 3249.5,
        "volume": 6832,
        "typical_volume": 9470.25,
        "trend": 3216.4,
        "fair_value": 3045.448718,
        "relative_strength": -4.039862,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.84022,
        "energy": 22.08063,
        "activity_lines": [
          3280.4,
          3285.672727,
          3283.62619,
          3258.948387
        ]
      },
      {
        "date": "2024-06-07",
        "close": 3299.5,
        "volume": 6386,
        "typical_volume": 8911.25,
        "trend": 3223.7,
        "fair_value": 3049.003205,
        "relative_strength": -2.217131,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.972989,
        "energy": 18.823454,
        "activity_lines": [
          3284.433333,
          3287.027273,
          3286.416667,
          3264.309677
        ]
      },
      {
        "date": "2024-06-14",
        "close": 3262.0,
        "volume": 15372,
        "typical_volume": 9506.65,
        "trend": 3229.816667,
        "fair_value": 3052.246795,
        "relative_strength": -2.188896,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.395298,
        "energy": 13.636689,
        "activity_lines": [
          3273.833333,
          3282.4,
          3285.130952,
          3266.780645
        ]
      },
      {
        "date": "2024-06-21",
        "close": 3309.5,
        "volume": 7146,
        "typical_volume": 9566.75,
        "trend": 3237.683333,
        "fair_value": 3055.695513,
        "relative_strength": -1.860177,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.44035,
        "energy": 14.065746,
        "activity_lines": [
          3284.166667,
          3286.936364,
          3288.102381,
          3271.921505
        ]
      },
      {
        "date": "2024-06-28",
        "close": 3323.0,
        "volume": 3528,
        "typical_volume": 9695.55,
        "trend": 3245.716667,
        "fair_value": 3058.955128,
        "relative_strength": -0.59724,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.796609,
        "energy": 31.933149,
        "activity_lines": [
          3299.166667,
          3293.418182,
          3292.021429,
          3277.425806
        ]
      },
      {
        "date": "2024-07-05",
        "close": 3273.5,
        "volume": 2723,
        "typical_volume": 9443.85,
        "trend": 3250.7,
        "fair_value": 3061.833333,
        "relative_strength": -2.510829,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.191578,
        "energy": 18.002839,
        "activity_lines": [
          3294.1,
          3290.090909,
          3290.67381,
          3279.21828
        ]
      },
      {
        "date": "2024-07-12",
        "close": 3307.0,
        "volume": 7069,
        "typical_volume": 9635.8,
        "trend": 3257.733333,
        "fair_value": 3064.75641,
        "relative_strength": -2.118377,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.24254,
        "energy": 29.39769,
        "activity_lines": [
          3298.6,
          3293.1,
          3292.378571,
          3282.850538
        ]
      },
      {
        "date": "2024-07-19",
        "close": 3335.0,
        "volume": 3624,
        "typical_volume": 8343.55,
        "trend": 3265.616667,
        "fair_value": 3067.724359,
        "relative_strength": -0.163559,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 59.081217,
        "energy": 41.286052,
        "activity_lines": [
          3311.933333,
          3300.481818,
          3296.609524,
          3287.835484
        ]
      },
      {
        "date": "2024-07-26",
        "close": 3380.5,
        "volume": 21258,
        "typical_volume": 9084.55,
        "trend": 3273.9,
        "fair_value": 3071.086538,
        "relative_strength": -0.448301,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 74.522809,
        "energy": 59.16596,
        "activity_lines": [
          3335.566667,
          3316.2,
          3304.819048,
          3295.247312
        ]
      },
      {
        "date": "2024-08-02",
        "close": 3381.0,
        "volume": 11345,
        "typical_volume": 8520.0,
        "trend": 3281.666667,
        "fair_value": 3074.397436,
        "relative_strength": 0.847954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.373908,
        "energy": 71.112198,
        "activity_lines": [
          3354.633333,
          3330.763636,
          3312.466667,
          3302.156989
        ]
      },
      {
        "date": "2024-08-09",
        "close": 3411.0,
        "volume": 80318,
        "typical_volume": 12268.55,
        "trend": 3289.533333,
        "fair_value": 3077.663462,
        "relative_strength": 1.760881,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.187082,
        "energy": 78.196032,
        "activity_lines": [
          3379.833333,
          3348.754545,
          3322.445238,
          3310.501075
        ]
      },
      {
        "date": "2024-08-16",
        "close": 3453.5,
        "volume": 13498,
        "typical_volume": 12632.7,
        "trend": 3298.2,
        "fair_value": 3080.810897,
        "relative_strength": 1.227851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.055416,
        "energy": 85.262107,
        "activity_lines": [
          3410.033333,
          3371.536364,
          3336.1,
          3321.07957
        ]
      },
      {
        "date": "2024-08-23",
        "close": 3446.0,
        "volume": 5763,
        "typical_volume": 12691.4,
        "trend": 3306.2,
        "fair_value": 3084.115385,
        "relative_strength": 0.801592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.013266,
        "energy": 84.928339,
        "activity_lines": [
          3427.966667,
          3390.154545,
          3348.52619,
          3330.615054
        ]
      },
      {
        "date": "2024-08-30",
        "close": 3492.5,
        "volume": 13142,
        "typical_volume": 12998.85,
        "trend": 3314.666667,
        "fair_value": 3087.657051,
        "relative_strength": 1.526991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.490237,
        "energy": 90.889642,
        "activity_lines": [
          3454.0,
          3413.881818,
          3364.642857,
          3342.634409
        ]
      },
      {
        "date": "2024-09-06",
        "close": 3461.0,
        "volume": 55708,
        "typical_volume": 15056.7,
        "trend": 3323.133333,
        "fair_value": 3091.224359,
        "relative_strength": 2.947018,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.812409,
        "energy": 81.694675,
        "activity_lines": [
          3462.066667,
          3428.554545,
          3376.754762,
          3352.075269
        ]
      },
      {
        "date": "2024-09-13",
        "close": 3502.0,
        "volume": 8416,
        "typical_volume": 15148.95,
        "trend": 3331.716667,
        "fair_value": 3095.166667,
        "relative_strength": 2.9222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.330387,
        "energy": 85.305162,
        "activity_lines": [
          3478.466667,
          3448.172727,
          3391.902381,
          3363.615054
        ]
      },
      {
        "date": "2024-09-20",
        "close": 3453.0,
        "volume": 16704,
        "typical_volume": 14653.9,
        "trend": 3337.566667,
        "fair_value": 3098.782051,
        "relative_strength": 1.948809,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.593631,
        "energy": 62.231559,
        "activity_lines": [
          3472.466667,
          3454.727273,
          3401.359524,
          3371.439785
        ]
      },
      {
        "date": "2024-09-27",
        "close": 3448.5,
        "volume": 25122,
        "typical_volume": 15541.55,
        "trend": 3343.833333,
        "fair_value": 3102.769231,
        "relative_strength": 0.655048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.827459,
        "energy": 52.015593,
        "activity_lines": [
          3465.0,
          3457.809091,
          3409.504762,
          3378.596774
        ]
      },
      {
        "date": "2024-10-04",
        "close": 3476.0,
        "volume": 7498,
        "typical_volume": 15681.55,
        "trend": 3351.283333,
        "fair_value": 3106.875,
        "relative_strength": 1.873417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.970327,
        "energy": 50.160965,
        "activity_lines": [
          3466.533333,
          3463.827273,
          3419.745238,
          3387.123656
        ]
      },
      {
        "date": "2024-10-11",
        "close": 3515.0,
        "volume": 4496,
        "typical_volume": 15797.4,
        "trend": 3359.433333,
        "fair_value": 3111.11859,
        "relative_strength": 3.254225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.525017,
        "energy": 52.205404,
        "activity_lines": [
          3482.166667,
          3475.2,
          3432.919048,
          3397.686022
        ]
      },
      {
        "date": "2024-10-18",
        "close": 3558.0,
        "volume": 16908,
        "typical_volume": 16301.2,
        "trend": 3366.933333,
        "fair_value": 3115.407051,
        "relative_strength": 3.14444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.681929,
        "energy": 62.243,
        "activity_lines": [
          3508.533333,
          3491.954545,
          3449.019048,
          3410.496774
        ]
      },
      {
        "date": "2024-10-25",
        "close": 3515.0,
        "volume": 16670,
        "typical_volume": 16815.4,
        "trend": 3372.583333,
        "fair_value": 3119.36859,
        "relative_strength": 3.19055,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.285113,
        "energy": 63.966561,
        "activity_lines": [
          3516.833333,
          3498.218182,
          3459.554762,
          3420.049462
        ]
      },
      {
        "date": "2024-11-01",
        "close": 3492.5,
        "volume": 34471,
        "typical_volume": 17770.35,
        "trend": 3379.3,
        "fair_value": 3122.75641,
        "relative_strength": 3.364744,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.536354,
        "energy": 60.071842,
        "activity_lines": [
          3513.5,
          3499.272727,
          3466.921429,
          3427.786022
        ]
      },
      {
        "date": "2024-11-08",
        "close": 3575.0,
        "volume": 29981,
        "typical_volume": 18912.1,
        "trend": 3389.083333,
        "fair_value": 3126.445513,
        "relative_strength": 7.058716,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.989817,
        "energy": 72.793629,
        "activity_lines": [
          3534.733333,
          3514.481818,
          3481.047619,
          3440.411828
        ]
      },
      {
        "date": "2024-11-15",
        "close": 3575.5,
        "volume": 56740,
        "typical_volume": 21572.7,
        "trend": 3398.983333,
        "fair_value": 3130.233974,
        "relative_strength": 7.025449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.610011,
        "energy": 63.464519,
        "activity_lines": [
          3549.533333,
          3528.281818,
          3493.957143,
          3452.43871
        ]
      },
      {
        "date": "2024-11-22",
        "close": 3675.5,
        "volume": 39945,
        "typical_volume": 23433.8,
        "trend": 3411.933333,
        "fair_value": 3134.759615,
        "relative_strength": 7.204253,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.813241,
        "energy": 80.691283,
        "activity_lines": [
          3593.633333,
          3558.181818,
          3515.188095,
          3470.278495
        ]
      },
      {
        "date": "2024-11-29",
        "close": 3678.0,
        "volume": 4857,
        "typical_volume": 23323.2,
        "trend": 3425.616667,
        "fair_value": 3139.400641,
        "relative_strength": 6.780322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.795385,
        "energy": 92.004929,
        "activity_lines": [
          3630.733333,
          3585.381818,
          3534.742857,
          3487.444086
        ]
      },
      {
        "date": "2024-12-06",
        "close": 3642.5,
        "volume": 14564,
        "typical_volume": 23870.2,
        "trend": 3435.75,
        "fair_value": 3143.36859,
        "relative_strength": 5.357332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.422906,
        "energy": 85.809509,
        "activity_lines": [
          3645.133333,
          3602.036364,
          3549.15,
          3501.436559
        ]
      },
      {
        "date": "2024-12-13",
        "close": 3608.5,
        "volume": 10323,
        "typical_volume": 23323.45,
        "trend": 3445.633333,
        "fair_value": 3146.929487,
        "relative_strength": 4.352366,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.821005,
        "energy": 78.084207,
        "activity_lines": [
          3638.2,
          3608.981818,
          3558.854762,
          3512.58172
        ]
      },
      {
        "date": "2024-12-20",
        "close": 3539.5,
        "volume": 68865,
        "typical_volume": 26199.45,
        "trend": 3454.633333,
        "fair_value": 3150.185897,
        "relative_strength": 4.917075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.859268,
        "energy": 49.475713,
        "activity_lines": [
          3606.033333,
          3600.972727,
          3560.902381,
          3518.637634
        ]
      },
      {
        "date": "2024-12-27",
        "close": 3546.0,
        "volume": 2388,
        "typical_volume": 22302.95,
        "trend": 3464.516667,
        "fair_value": 3153.375,
        "relative_strength": 4.124435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.869644,
        "energy": 26.796563,
        "activity_lines": [
          3578.433333,
          3593.7,
          3562.814286,
          3524.532258
        ]
      },
      {
        "date": "2025-01-03",
        "close": 3575.5,
        "volume": 14944,
        "typical_volume": 22375.25,
        "trend": 3473.716667,
        "fair_value": 3157.349359,
        "relative_strength": 3.92202,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.075725,
        "energy": 24.744325,
        "activity_lines": [
          3569.3,
          3592.009091,
          3566.892857,
          3531.692473
        ]
      },
      {
        "date": "2025-01-10",
        "close": 3584.5,
        "volume": 10509,
        "typical_volume": 22612.55,
        "trend": 3484.466667,
        "fair_value": 3161.798077,
        "relative_strength": 3.787493,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.853458,
        "energy": 23.13148,
        "activity_lines": [
          3570.0,
          3590.854545,
          3571.247619,
          3538.839785
        ]
      },
      {
        "date": "2025-01-17",
        "close": 3668.0,
        "volume": 11417,
        "typical_volume": 22526.3,
        "trend": 3496.416667,
        "fair_value": 3166.791667,
        "relative_strength": 2.984189,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.859166,
        "energy": 33.186003,
        "activity_lines": [
          3602.4,
          3603.209091,
          3582.895238,
          3550.680645
        ]
      },
      {
        "date": "2025-01-24",
        "close": 3617.5,
        "volume": 50842,
        "typical_volume": 22283.0,
        "trend": 3506.233333,
        "fair_value": 3171.842949,
        "relative_strength": 1.573818,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.38781,
        "energy": 36.806464,
        "activity_lines": [
          3614.0,
          3604.690909,
          3588.897619,
          3558.492473
        ]
      },
      {
        "date": "2025-01-31",
        "close": 3713.5,
        "volume": 22952,
        "typical_volume": 23009.8,
        "trend": 3520.9,
        "fair_value": 3177.298077,
        "relative_strength": 2.193114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.01922,
        "energy": 57.626661,
        "activity_lines": [
          3652.4,
          3622.863636,
          3603.297619,
          3571.864516
        ]
      },
      {
        "date": "2025-02-07",
        "close": 3740.0,
        "volume": 3549,
        "typical_volume": 22352.05,
        "trend": 3535.333333,
        "fair_value": 3183.00641,
        "relative_strength": 2.578948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.39504,
        "energy": 76.195005,
        "activity_lines": [
          3688.466667,
          3645.163636,
          3619.214286,
          3586.0
        ]
      },
      {
        "date": "2025-02-14",
        "close": 3715.0,
        "volume": 9136,
        "typical_volume": 21552.75,
        "trend": 3548.0,
        "fair_value": 3188.842949,
        "relative_strength": 1.497992,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.868194,
        "energy": 73.578794,
        "activity_lines": [
          3705.233333,
          3661.790909,
          3631.383333,
          3597.591398
        ]
      },
      {
        "date": "2025-02-21",
        "close": 3712.0,
        "volume": 19323,
        "typical_volume": 22144.0,
        "trend": 3559.05,
        "fair_value": 3194.403846,
        "relative_strength": 2.256357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.980886,
        "energy": 75.950701,
        "activity_lines": [
          3712.3,
          3676.554545,
          3641.997619,
          3608.172043
        ]
      },
      {
        "date": "2025-02-28",
        "close": 3748.0,
        "volume": 35664,
        "typical_volume": 23702.4,
        "trend": 3571.283333,
        "fair_value": 3199.862179,
        "relative_strength": 1.481767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.403328,
        "energy": 74.393235,
        "activity_lines": [
          3728.433333,
          3695.981818,
          3654.916667,
          3620.362366
        ]
      },
      {
        "date": "2025-03-07",
        "close": 3685.0,
        "volume": 17569,
        "typical_volume": 23735.45,
        "trend": 3580.416667,
        "fair_value": 3204.810897,
        "relative_strength": 1.268396,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.664398,
        "energy": 46.041522,
        "activity_lines": [
          3714.866667,
          3700.163636,
          3660.72619,
          3627.698925
        ]
      },
      {
        "date": "2025-03-14",
        "close": 3636.5,
        "volume": 28622,
        "typical_volume": 24333.05,
        "trend": 3586.516667,
        "fair_value": 3209.044872,
        "relative_strength": 0.495695,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.042342,
        "energy": 29.118525,
        "activity_lines": [
          3687.033333,
          3693.0,
          3661.311905,
          3631.317204
        ]
      },
      {
        "date": "2025-03-21",
        "close": 3670.0,
        "volume": 9742,
        "typical_volume": 23096.6,
        "trend": 3593.983333,
        "fair_value": 3213.397436,
        "relative_strength": 1.231991,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.521745,
        "energy": 23.03209,
        "activity_lines": [
          3677.266667,
          3690.818182,
          3664.509524,
          3636.703226
        ]
      },
      {
        "date": "2025-03-28",
        "close": 3683.5,
        "volume": 17193,
        "typical_volume": 22457.2,
        "trend": 3600.35,
        "fair_value": 3217.477564,
        "relative_strength": 1.440417,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.319319,
        "energy": 19.852767,
        "activity_lines": [
          3675.0,
          3689.536364,
          3668.147619,
          3642.478495
        ]
      },
      {
        "date": "2025-04-04",
        "close": 3595.5,
        "volume": 21445,
        "typical_volume": 20692.45,
        "trend": 3604.833333,
        "fair_value": 3220.480769,
        "relative_strength": 6.292422,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.982106,
        "energy": 15.072888,
        "activity_lines": [
          3645.3,
          3671.972727,
          3662.888095,
          3642.165591
        ]
      },
      {
        "date": "2025-04-11",
        "close": 3519.5,
        "volume": 21356,
        "typical_volume": 19763.0,
        "trend": 3605.416667,
        "fair_value": 3223.294872,
        "relative_strength": 5.0803,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.120054,
        "energy": 27.041274,
        "activity_lines": [
          3600.433333,
          3640.990909,
          3650.295238,
          3636.660215
        ]
      },
      {
        "date": "2025-04-18",
        "close": 3568.0,
        "volume": 7235,
        "typical_volume": 19881.9,
        "trend": 3609.25,
        "fair_value": 3226.557692,
        "relative_strength": 2.443977,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.346137,
        "energy": 27.348495,
        "activity_lines": [
          3582.766667,
          3622.354545,
          3643.064286,
          3634.246237
        ]
      },
      {
        "date": "2025-04-25",
        "close": 3543.5,
        "volume": 8425,
        "typical_volume": 19574.95,
        "trend": 3612.416667,
        "fair_value": 3229.647436,
        "relative_strength": -0.026064,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -26.469448,
        "energy": 38.725009,
        "activity_lines": [
          3561.5,
          3602.390909,
          3634.02381,
          3630.004301
        ]
      },
      {
        "date": "2025-05-02",
        "close": 3636.0,
        "volume": 3275,
        "typical_volume": 19222.55,
        "trend": 3617.75,
        "fair_value": 3233.519231,
        "relative_strength": 0.307366,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.112687,
        "energy": 32.2384,
        "activity_lines": [
          3579.5,
          3602.363636,
          3634.264286,
          3631.525806
        ]
      },
      {
        "date": "2025-05-09",
        "close": 3625.5,
        "volume": 21860,
        "typical_volume": 16872.3,
        "trend": 3621.433333,
        "fair_value": 3237.410256,
        "relative_strength": 0.376123,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -12.927712,
        "energy": 13.561474,
        "activity_lines": [
          3597.166667,
          3601.809091,
          3633.37381,
          3632.025806
        ]
      },
      {
        "date": "2025-05-16",
        "close": 3648.0,
        "volume": 24150,
        "typical_volume": 17960.4,
        "trend": 3624.433333,
        "fair_value": 3242.198718,
        "relative_strength": -0.631398,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.962129,
        "energy": 6.363613,
        "activity_lines": [
          3620.333333,
          3607.572727,
          3634.216667,
          3633.739785
        ]
      },
      {
        "date": "2025-05-23",
        "close": 3582.0,
        "volume": 28480,
        "typical_volume": 18637.2,
        "trend": 3626.666667,
        "fair_value": 3245.907051,
        "relative_strength": -2.881606,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.392359,
        "energy": 8.993189,
        "activity_lines": [
          3612.933333,
          3602.009091,
          3628.288095,
          3631.002151
        ]
      },
      {
        "date": "2025-05-30",
        "close": 3615.5,
        "volume": 22995,
        "typical_volume": 19261.5,
        "trend": 3630.766667,
        "fair_value": 3249.916667,
        "relative_strength": -2.667382,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.213961,
        "energy": 14.58607,
        "activity_lines": [
          3615.766667,
          3603.527273,
          3625.519048,
          3630.28172
        ]
      },
      {
        "date": "2025-06-06",
        "close": 3603.5,
        "volume": 31287,
        "typical_volume": 20255.0,
        "trend": 3631.716667,
        "fair_value": 3254.25,
        "relative_strength": -3.74249,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.434909,
        "energy": 12.947464,
        "activity_lines": [
          3609.8,
          3603.854545,
          3621.459524,
          3628.522581
        ]
      },
      {
        "date": "2025-06-13",
        "close": 3588.5,
        "volume": 36533,
        "typical_volume": 19539.55,
        "trend": 3632.15,
        "fair_value": 3259.086538,
        "relative_strength": -4.302676,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.763069,
        "energy": 23.308475,
        "activity_lines": [
          3601.0,
          3602.909091,
          3616.278571,
          3625.734409
        ]
      },
      {
        "date": "2025-06-20",
        "close": 3574.0,
        "volume": 28891,
        "typical_volume": 19836.5,
        "trend": 3628.766667,
        "fair_value": 3263.035256,
        "relative_strength": -3.889182,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.618426,
        "energy": 28.380128,
        "activity_lines": [
          3589.833333,
          3599.454545,
          3609.854762,
          3621.982796
        ]
      },
      {
        "date": "2025-06-27",
        "close": 3549.5,
        "volume": 11401,
        "typical_volume": 20229.1,
        "trend": 3624.483333,
        "fair_value": 3266.532051,
        "relative_strength": -4.794903,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.762677,
        "energy": 38.983529,
        "activity_lines": [
          3575.433333,
          3590.554545,
          3601.761905,
          3616.868817
        ]
      },
      {
        "date": "2025-07-04",
        "close": 3588.5,
        "volume": 16348,
        "typical_volume": 20589.7,
        "trend": 3622.683333,
        "fair_value": 3270.022436,
        "relative_strength": -4.044231,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.425001,
        "energy": 35.601263,
        "activity_lines": [
          3576.2,
          3589.081818,
          3598.290476,
          3614.547312
        ]
      },
      {
        "date": "2025-07-11",
        "close": 3579.0,
        "volume": 22181,
        "typical_volume": 20732.6,
        "trend": 3621.7,
        "fair_value": 3273.362179,
        "relative_strength": -5.561608,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.556533,
        "energy": 39.008086,
        "activity_lines": [
          3575.6,
          3585.063636,
          3594.516667,
          3611.729032
        ]
      },
      {
        "date": "2025-07-18",
        "close": 3601.0,
        "volume": 51257,
        "typical_volume": 21512.25,
        "trend": 3623.75,
        "fair_value": 3276.923077,
        "relative_strength": -5.48376,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.7308,
        "energy": 25.729826,
        "activity_lines": [
          3583.966667,
          3586.081818,
          3593.471429,
          3610.393548
        ]
      },
      {
        "date": "2025-07-25",
        "close": 3638.5,
        "volume": 30499,
        "typical_volume": 22158.75,
        "trend": 3626.833333,
        "fair_value": 3280.615385,
        "relative_strength": -5.80322,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.942367,
        "energy": 11.3345,
        "activity_lines": [
          3604.0,
          3594.363636,
          3596.697619,
          3611.345161
        ]
      },
      {
        "date": "2025-08-01",
        "close": 3623.5,
        "volume": 16914,
        "typical_volume": 21573.35,
        "trend": 3628.433333,
        "fair_value": 3284.13141,
        "relative_strength": -5.596621,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.067568,
        "energy": 11.136153,
        "activity_lines": [
          3614.733333,
          3600.090909,
          3598.716667,
          3611.130108
        ]
      },
      {
        "date": "2025-08-08",
        "close": 3615.0,
        "volume": 181222,
        "typical_volume": 30147.35,
        "trend": 3629.45,
        "fair_value": 3287.259615,
        "relative_strength": -6.012598,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.274378,
        "energy": 13.364142,
        "activity_lines": [
          3617.7,
          3603.518182,
          3599.988095,
          3610.263441
        ]
      },
      {
        "date": "2025-08-15",
        "close": 3611.0,
        "volume": 1692273,
        "typical_volume": 113901.35,
        "trend": 3627.55,
        "fair_value": 3289.746795,
        "relative_strength": -6.473665,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.561706,
        "energy": 13.479391,
        "activity_lines": [
          3617.566667,
          3606.227273,
          3601.140476,
          3609.073118
        ]
      },
      {
        "date": "2025-08-22",
        "close": 3672.0,
        "volume": 23773,
        "typical_volume": 114017.75,
        "trend": 3629.366667,
        "fair_value": 3293.041667,
        "relative_strength": -6.671407,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 28.001557,
        "energy": 32.086103,
        "activity_lines": [
          3635.633333,
          3619.890909,
          3608.447619,
          3611.94086
        ]
      },
      {
        "date": "2025-08-29",
        "close": 3632.5,
        "volume": 18061,
        "typical_volume": 113853.0,
        "trend": 3626.666667,
        "fair_value": 3296.080128,
        "relative_strength": -6.23568,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.548306,
        "energy": 24.372844,
        "activity_lines": [
          3635.8,
          3624.854545,
          3611.628571,
          3612.143011
        ]
      },
      {
        "date": "2025-09-05",
        "close": 3640.0,
        "volume": 26405,
        "typical_volume": 114811.5,
        "trend": 3623.333333,
        "fair_value": 3298.987179,
        "relative_strength": -6.136654,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.304123,
        "energy": 27.070142,
        "activity_lines": [
          3638.866667,
          3630.118182,
          3614.985714,
          3613.003226
        ]
      },
      {
        "date": "2025-09-12",
        "close": 3641.0,
        "volume": 26088,
        "typical_volume": 115694.65,
        "trend": 3620.866667,
        "fair_value": 3302.333333,
        "relative_strength": -6.738006,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.202541,
        "energy": 28.24766,
        "activity_lines": [
          3641.166667,
          3633.918182,
          3618.095238,
          3614.143011
        ]
      },
      {
        "date": "2025-09-19",
        "close": 3623.5,
        "volume": 68665,
        "typical_volume": 118964.15,
        "trend": 3617.916667,
        "fair_value": 3305.362179,
        "relative_strength": -6.402521,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.451871,
        "energy": 12.987382,
        "activity_lines": [
          3635.9,
          3633.581818,
          3619.07381,
          3614.312903
        ]
      },
      {
        "date": "2025-09-26",
        "close": 3642.5,
        "volume": 15234,
        "typical_volume": 118632.85,
        "trend": 3614.4,
        "fair_value": 3309.048077,
        "relative_strength": -6.507082,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 49.434861,
        "energy": 23.752598,
        "activity_lines": [
          3636.133333,
          3635.890909,
          3621.921429,
          3615.898925
        ]
      },
      {
        "date": "2025-10-03",
        "close": 3662.0,
        "volume": 43880,
        "typical_volume": 119619.35,
        "trend": 3613.633333,
        "fair_value": 3312.932692,
        "relative_strength": -7.908279,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.574861,
        "energy": 29.03608,
        "activity_lines": [
          3644.833333,
          3640.990909,
          3626.545238,
          3618.969892
        ]
      },
      {
        "date": "2025-10-10",
        "close": 3662.0,
        "volume": 164148,
        "typical_volume": 126402.75,
        "trend": 3614.483333,
        "fair_value": 3317.108974,
        "relative_strength": -7.125483,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.250296,
        "energy": 32.757031,
        "activity_lines": [
          3651.566667,
          3645.663636,
          3631.102381,
          3622.090323
        ]
      },
      {
        "date": "2025-10-17",
        "close": 3650.0,
        "volume": 59298,
        "typical_volume": 128217.9,
        "trend": 3613.816667,
        "fair_value": 3321.076923,
        "relative_strength": -6.555886,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.006726,
        "energy": 32.370758,
        "activity_lines": [
          3652.833333,
          3647.454545,
          3634.135714,
          3624.38172
        ]
      },
      {
        "date": "2025-10-24",
        "close": 4904.640137,
        "volume": 37690,
        "typical_volume": 128538.05,
        "trend": 3654.521338,
        "fair_value": 3332.78936,
        "relative_strength": 21.315963,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 96.277788,
        "energy": 97.405939,
        "activity_lines": [
          4071.713379,
          3876.725479,
          3756.494299,
          3707.660654
        ]
      },
      {
        "date": "2025-10-31",
        "close": 3661.0,
        "volume": 29212,
        "typical_volume": 128172.0,
        "trend": 3656.704671,
        "fair_value": 3336.347052,
        "relative_strength": -9.905429,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.251905,
        "energy": 67.052579,
        "activity_lines": [
          3990.63737,
          3856.359295,
          3754.21506,
          3708.078632
        ]
      },
      {
        "date": "2025-11-07",
        "close": 3655.0,
        "volume": 30024,
        "typical_volume": 128228.65,
        "trend": 3661.221338,
        "fair_value": 3339.90795,
        "relative_strength": -9.458483,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.085399,
        "energy": 52.320933,
        "activity_lines": [
          3906.328027,
          3835.102202,
          3751.019155,
          3707.968653
        ]
      },
      {
        "date": "2025-11-14",
        "close": 3720.0,
        "volume": 37831,
        "typical_volume": 129550.15,
        "trend": 3666.288005,
        "fair_value": 3343.875898,
        "relative_strength": -7.743778,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.199283,
        "energy": 40.848693,
        "activity_lines": [
          3844.152018,
          3825.254199,
          3753.628011,
          3711.760825
        ]
      },
      {
        "date": "2025-11-21",
        "close": 3714.0,
        "volume": 26255,
        "typical_volume": 130045.5,
        "trend": 3671.971338,
        "fair_value": 3347.67718,
        "relative_strength": -6.119116,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 23.570239,
        "energy": 22.209864,
        "activity_lines": [
          3776.109342,
          3812.860742,
          3754.853534,
          3714.839018
        ]
      },
      {
        "date": "2025-11-28",
        "close": 3723.0,
        "volume": 119863,
        "typical_volume": 134929.6,
        "trend": 3674.871338,
        "fair_value": 3351.661155,
        "relative_strength": -7.380852,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 20.959524,
        "energy": 20.258328,
        "activity_lines": [
          3706.8,
          3800.776376,
          3756.338581,
          3718.13119
        ]
      },
      {
        "date": "2025-12-05",
        "close": 3671.0,
        "volume": 54157,
        "typical_volume": 135074.6,
        "trend": 3676.388005,
        "fair_value": 3355.529744,
        "relative_strength": -7.917887,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 15.482128,
        "energy": 15.86572,
        "activity_lines": [
          3698.933333,
          3777.428374,
          3752.185533,
          3717.881426
        ]
      },
      {
        "date": "2025-12-12",
        "close": 3657.0,
        "volume": 40304,
        "typical_volume": 135564.85,
        "trend": 3676.688005,
        "fair_value": 3359.523334,
        "relative_strength": -7.858436,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.484747,
        "energy": 14.470107,
        "activity_lines": [
          3685.733333,
          3751.016735,
          3746.365818,
          3716.630587
        ]
      },
      {
        "date": "2025-12-19",
        "close": 3661.0,
        "volume": 31196,
        "typical_volume": 136278.95,
        "trend": 3679.321338,
        "fair_value": 3363.273334,
        "relative_strength": -9.786269,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.674303,
        "energy": 12.689645,
        "activity_lines": [
          3673.733333,
          3725.423278,
          3740.83896,
          3715.618458
        ]
      },
      {
        "date": "2025-12-26",
        "close": 3644.0,
        "volume": 57252,
        "typical_volume": 130080.45,
        "trend": 3680.271338,
        "fair_value": 3366.850257,
        "relative_strength": -9.683007,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.180364,
        "energy": 13.102014,
        "activity_lines": [
          3660.0,
          3696.757093,
          3733.514483,
          3713.339662
        ]
      },
      {
        "date": "2026-01-02",
        "close": 3625.0,
        "volume": 35764,
        "typical_volume": 47255.0,
        "trend": 3680.988005,
        "fair_value": 3370.055385,
        "relative_strength": -10.583322,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.093279,
        "energy": 15.060508,
        "activity_lines": [
          3644.6,
          3664.745455,
          3724.242387,
          3709.773769
        ]
      },
      {
        "date": "2026-01-09",
        "close": 3670.0,
        "volume": 42274,
        "typical_volume": 48180.05,
        "trend": 3683.704671,
        "fair_value": 3373.67718,
        "relative_strength": -10.720861,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.051252,
        "energy": 12.4668,
        "activity_lines": [
          3650.733333,
          3664.181818,
          3719.189339,
          3709.064866
        ]
      },
      {
        "date": "2026-01-16",
        "close": 3671.0,
        "volume": 53127,
        "typical_volume": 49933.35,
        "trend": 3686.938005,
        "fair_value": 3377.869488,
        "relative_strength": -11.357563,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.77715,
        "energy": 9.401559,
        "activity_lines": [
          3657.266667,
          3663.636364,
          3714.241053,
          3708.24521
        ]
      },
      {
        "date": "2026-01-23",
        "close": 3620.0,
        "volume": 31068,
        "typical_volume": 50166.5,
        "trend": 3689.288005,
        "fair_value": 3381.613078,
        "relative_strength": -11.508635,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.939362,
        "energy": 18.261382,
        "activity_lines": [
          3645.866667,
          3653.527273,
          3704.25229,
          3703.926629
        ]
      },
      {
        "date": "2026-01-30",
        "close": 3595.0,
        "volume": 71671,
        "typical_volume": 52445.65,
        "trend": 3689.504671,
        "fair_value": 3384.725257,
        "relative_strength": -12.489161,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -43.593157,
        "energy": 53.784817,
        "activity_lines": [
          3628.866667,
          3640.690909,
          3691.977813,
          3697.843532
        ]
      },
      {
        "date": "2026-02-06",
        "close": 3697.0,
        "volume": 64296,
        "typical_volume": 52227.2,
        "trend": 3693.438005,
        "fair_value": 3388.622693,
        "relative_strength": -10.963362,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.441205,
        "energy": 35.806183,
        "activity_lines": [
          3649.133333,
          3648.563636,
          3689.63667,
          3698.327101
        ]
      },
      {
        "date": "2026-02-13",
        "close": 3736.5,
        "volume": 38261,
        "typical_volume": 53378.55,
        "trend": 3697.954671,
        "fair_value": 3392.673975,
        "relative_strength": -10.38036,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 4.575177,
        "energy": 22.019506,
        "activity_lines": [
          3677.766667,
          3664.090909,
          3690.707431,
          3701.105294
        ]
      },
      {
        "date": "2026-02-20",
        "close": 3758.0,
        "volume": 43931,
        "typical_volume": 53381.1,
        "trend": 3701.938005,
        "fair_value": 3397.173975,
        "relative_strength": -11.564906,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.995508,
        "energy": 23.532145,
        "activity_lines": [
          3709.133333,
          3682.336364,
          3693.378192,
          3704.979187
        ]
      },
      {
        "date": "2026-02-27",
        "close": 3833.0,
        "volume": 36124,
        "typical_volume": 46979.9,
        "trend": 3708.921338,
        "fair_value": 3402.145129,
        "relative_strength": -11.33144,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 51.011833,
        "energy": 47.190805,
        "activity_lines": [
          3759.7,
          3712.381818,
          3702.734668,
          3713.434799
        ]
      },
      {
        "date": "2026-03-06",
        "close": 3801.0,
        "volume": 36688,
        "typical_volume": 45849.4,
        "trend": 3715.121338,
        "fair_value": 3407.250898,
        "relative_strength": -6.471975,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.677366,
        "energy": 64.27346,
        "activity_lines": [
          3785.4,
          3733.481818,
          3708.229239,
          3719.375358
        ]
      },
      {
        "date": "2026-03-13",
        "close": 3777.0,
        "volume": 45518,
        "typical_volume": 46240.8,
        "trend": 3720.654671,
        "fair_value": 3412.305385,
        "relative_strength": -6.60706,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.520543,
        "energy": 62.685744,
        "activity_lines": [
          3789.366667,
          3747.363636,
          3710.719048,
          3723.36753
        ]
      },
      {
        "date": "2026-03-20",
        "close": 3676.0,
        "volume": 30129,
        "typical_volume": 46286.65,
        "trend": 3720.788005,
        "fair_value": 3416.625898,
        "relative_strength": -5.714439,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 6.937956,
        "energy": 30.65519,
        "activity_lines": [
          3754.333333,
          3740.118182,
          3708.959524,
          3720.486583
        ]
      },
      {
        "date": "2026-03-27",
        "close": 3661.0,
        "volume": 52413,
        "typical_volume": 47406.1,
        "trend": 3721.738005,
        "fair_value": 3420.497693,
        "relative_strength": -6.295383,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -18.706447,
        "energy": 11.106614,
        "activity_lines": [
          3718.333333,
          3730.036364,
          3705.7,
          3716.629293
        ]
      },
      {
        "date": "2026-04-03",
        "close": 3742.0,
        "volume": 44608,
        "typical_volume": 47744.95,
        "trend": 3725.138005,
        "fair_value": 3424.693206,
        "relative_strength": -8.129629,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.047523,
        "energy": 10.847916,
        "activity_lines": [
          3715.8,
          3734.863636,
          3710.12619,
          3717.936518
        ]
      },
      {
        "date": "2026-04-10",
        "close": 3673.0,
        "volume": 78112,
        "typical_volume": 50337.8,
        "trend": 3726.204671,
        "fair_value": 3428.315001,
        "relative_strength": -10.801081,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -40.279932,
        "energy": 27.875693,
        "activity_lines": [
          3696.333333,
          3724.927273,
          3707.87619,
          3714.572776
        ]
      },
      {
        "date": "2026-04-17",
        "close": 3695.0,
        "volume": 38668,
        "typical_volume": 46278.05,
        "trend": 3728.588005,
        "fair_value": 3431.994488,
        "relative_strength": -10.455466,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.600445,
        "energy": 22.714147,
        "activity_lines": [
          3692.733333,
          3717.572727,
          3707.916667,
          3712.559571
        ]
      },
      {
        "date": "2026-04-24",
        "close": 3639.0,
        "volume": 61935,
        "typical_volume": 46666.95,
        "trend": 3728.471338,
        "fair_value": 3435.516924,
        "relative_strength": -9.042628,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.906531,
        "energy": 31.955165,
        "activity_lines": [
          3675.933333,
          3700.072727,
          3702.757143,
          3706.7797
        ]
      },
      {
        "date": "2026-05-01",
        "close": 3642.0,
        "volume": 24032,
        "typical_volume": 45853.35,
        "trend": 3727.804671,
        "fair_value": 3439.138719,
        "relative_strength": -8.50752,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.32232,
        "energy": 41.141064,
        "activity_lines": [
          3662.6,
          3684.890909,
          3698.035714,
          3701.200904
        ]
      },
      {
        "date": "2026-05-08",
        "close": 3604.0,
        "volume": 49259,
        "typical_volume": 46756.5,
        "trend": 3725.871338,
        "fair_value": 3442.292565,
        "relative_strength": -7.974937,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.397561,
        "energy": 54.956737,
        "activity_lines": [
          3637.866667,
          3664.909091,
          3689.766667,
          3693.213506
        ]
      },
      {
        "date": "2026-05-15",
        "close": 3702.0,
        "volume": 122011,
        "typical_volume": 49994.45,
        "trend": 3727.604671,
        "fair_value": 3446.15795,
        "relative_strength": -4.850779,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.147581,
        "energy": 36.86548,
        "activity_lines": [
          3655.0,
          3666.909091,
          3691.102381,
          3691.67342
        ]
      },
      {
        "date": "2026-05-22",
        "close": 3727.0,
        "volume": 27644,
        "typical_volume": 49588.45,
        "trend": 3688.35,
        "fair_value": 3450.459232,
        "relative_strength": -6.429308,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 11.223515,
        "energy": 9.768241,
        "activity_lines": [
          3678.533333,
          3675.254545,
          3694.542857,
          3691.634409
        ]
      },
      {
        "date": "2026-05-29",
        "close": 3691.5,
        "volume": 22276,
        "typical_volume": 48588.55,
        "trend": 3689.366667,
        "fair_value": 3454.690001,
        "relative_strength": -6.541474,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.818713,
        "energy": 4.165205,
        "activity_lines": [
          3688.1,
          3678.054545,
          3694.116667,
          3691.837634
        ]
      },
      {
        "date": "2026-06-05",
        "close": 3715.0,
        "volume": 3937,
        "typical_volume": 46129.05,
        "trend": 3691.366667,
        "fair_value": 3459.193206,
        "relative_strength": -5.33567,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.76924,
        "energy": 16.144575,
        "activity_lines": [
          3702.0,
          3684.845455,
          3695.82619,
          3693.491398
        ]
      },
      {
        "date": "2026-06-12",
        "close": 3719.0,
        "volume": 141985,
        "typical_volume": 51674.9,
        "trend": 3691.333333,
        "fair_value": 3463.728462,
        "relative_strength": -5.930876,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 38.350821,
        "energy": 24.269241,
        "activity_lines": [
          3712.366667,
          3691.381818,
          3697.707143,
          3695.274194
        ]
      },
      {
        "date": "2026-06-19",
        "close": 3697.0,
        "volume": 10074,
        "typical_volume": 48595.05,
        "trend": 3690.766667,
        "fair_value": 3468.228462,
        "relative_strength": -5.265188,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 36.27097,
        "energy": 20.072049,
        "activity_lines": [
          3707.733333,
          3694.336364,
          3697.021429,
          3695.639785
        ]
      },
      {
        "date": "2026-06-26",
        "close": 3747.0,
        "volume": 7848,
        "typical_volume": 45772.65,
        "trend": 3691.566667,
        "fair_value": 3472.863078,
        "relative_strength": -5.07919,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.718673,
        "energy": 37.486673,
        "activity_lines": [
          3720.1,
          3705.945455,
          3700.611905,
          3699.267742
        ]
      },
      {
        "date": "2026-07-03",
        "close": 3774.0,
        "volume": 1345,
        "typical_volume": 43926.85,
        "trend": 3695.0,
        "fair_value": 3478.065001,
        "relative_strength": -5.66862,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 67.272524,
        "energy": 54.625505,
        "activity_lines": [
          3740.133333,
          3721.518182,
          3706.535714,
          3704.586022
        ]
      },
      {
        "date": "2026-07-10",
        "close": 3746.0,
        "volume": 108943,
        "typical_volume": 47177.45,
        "trend": 3697.966667,
        "fair_value": 3483.193206,
        "relative_strength": -4.534958,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.631586,
        "energy": 51.194335,
        "activity_lines": [
          3745.333333,
          3729.545455,
          3709.614286,
          3707.876344
        ]
      },
      {
        "date": "2026-07-17",
        "close": 3760.0,
        "volume": 23788,
        "typical_volume": 46560.65,
        "trend": 3701.266667,
        "fair_value": 3487.734873,
        "relative_strength": -4.886239,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.724468,
        "energy": 57.274848,
        "activity_lines": [
          3753.133333,
          3738.227273,
          3714.083333,
          3711.878495
        ]
      },
      {
        "date": "2026-07-24",
        "close": 3788.0,
        "volume": 23367,
        "typical_volume": 45894.6,
        "trend": 3706.066667,
        "fair_value": 3492.516924,
        "relative_strength": -5.16443,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.930365,
        "energy": 62.673446,
        "activity_lines": [
          3767.533333,
          3749.163636,
          3721.566667,
          3717.474194
        ]
      },
      {
        "date": "2026-07-31",
        "close": 3797.0,
        "volume": 54872,
        "typical_volume": 46362.3,
        "trend": 3711.8,
        "fair_value": 3497.523334,
        "relative_strength": -5.848521,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.105516,
        "energy": 54.998498,
        "activity_lines": [
          3778.866667,
          3760.172727,
          3729.969048,
          3723.34086
        ]
      },
      {
        "date": "2026-08-07",
        "close": 3878.0,
        "volume": 52188,
        "typical_volume": 47465.25,
        "trend": 3718.733333,
        "fair_value": 3502.888719,
        "relative_strength": -3.923506,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.665392,
        "energy": 74.132307,
        "activity_lines": [
          3813.866667,
          3784.636364,
          3745.990476,
          3734.063441
        ]
      }
    ],
    "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."
    }
  }
}