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    "name": "TCW Senior Loan ETF",
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        "close": 45.391079,
        "volume": 6492,
        "typical_volume": 40853.25,
        "trend": 44.883787,
        "fair_value": 44.030026,
        "relative_strength": -8.630012,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.228195,
        "energy": 42.390429,
        "activity_lines": [
          45.357009,
          45.324535,
          45.148763,
          45.005516
        ]
      },
      {
        "date": "2026-07-17",
        "close": 45.505502,
        "volume": 872,
        "typical_volume": 33096.3,
        "trend": 44.905778,
        "fair_value": 44.046986,
        "relative_strength": -6.696152,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.198183,
        "energy": 44.081403,
        "activity_lines": [
          45.412848,
          45.366986,
          45.203358,
          45.045626
        ]
      },
      {
        "date": "2026-07-24",
        "close": 45.570176,
        "volume": 6670,
        "typical_volume": 28670.95,
        "trend": 44.928472,
        "fair_value": 44.064295,
        "relative_strength": -5.782303,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.010924,
        "energy": 48.321764,
        "activity_lines": [
          45.467984,
          45.410742,
          45.257973,
          45.088491
        ]
      },
      {
        "date": "2026-07-31",
        "close": 45.535351,
        "volume": 30530,
        "typical_volume": 27716.95,
        "trend": 44.949358,
        "fair_value": 44.080824,
        "relative_strength": -6.586316,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.306089,
        "energy": 53.293732,
        "activity_lines": [
          45.503512,
          45.44121,
          45.302579,
          45.127644
        ]
      },
      {
        "date": "2026-08-07",
        "close": 45.65,
        "volume": 63383,
        "typical_volume": 30357.1,
        "trend": 44.975359,
        "fair_value": 44.098259,
        "relative_strength": -9.237935,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.4975,
        "energy": 61.446058,
        "activity_lines": [
          45.566934,
          45.487162,
          45.352236,
          45.172847
        ]
      }
    ],
    "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."
    }
  }
}