{
  "ticker": {
    "uuid": "e174176a-a138-448e-aa13-c71e0bf35b89",
    "symbol": "7613",
    "name": "SIIX Corporation",
    "exchange": "JPX",
    "country": "JP",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-21",
    "benchmark": "^N225",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 74.373,
    "architecture_energy": 90.148,
    "architecture_maturity": 20.217,
    "architecture_confidence": 74.389,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 8.19,
        "rotation_up": 82.43,
        "upward_expansion": 97.66,
        "deceleration": 41.83,
        "rotation_down": 8.06,
        "downward_expansion": 22.0
      },
      "activity_lines": [
        1575.533333,
        1490.533687,
        1427.81663,
        1391.541964
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 1596.0,
    "trend_reference": 1355.171737,
    "distance_from_trend": 0.177711,
    "trend_direction": "Improving",
    "fair_value": 1252.478592,
    "distance_from_fair_value": 0.274273,
    "fair_value_direction": "Improving",
    "relative_strength": 0.053242,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.152347,
    "excess_performance": -0.009388,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.177711,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.036041,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.274273,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.180957,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.000532,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.176673,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.152347,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.911337,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1118900,
      "relative_activity": 1.424398,
      "balance": 2.911337,
      "dry_up": 1.666752,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.048409,
      "annualized_volatility": 0.34379,
      "from_high_reference": -0.057295,
      "from_low_reference": 0.393886
    },
    "levels": {
      "trend_reference": 1355.171737,
      "fair_value_reference": 1252.478592,
      "structural_low": 1145.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 23,
        "median_return": -0.020266,
        "positive_rate": 0.391304,
        "directional_follow_through": 0.391304,
        "median_excess_return": -0.018215,
        "regime_survival": 0.695652,
        "best_return": 0.21226,
        "worst_return": -0.143042,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.063417,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.079305,
        "regime_survival": 0.5,
        "best_return": 0.146972,
        "worst_return": -0.246606,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.155119,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.126621,
        "regime_survival": 0.5,
        "best_return": 0.220046,
        "worst_return": -0.381532,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.048133,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.277439,
        "regime_survival": 0.0,
        "best_return": 0.15798,
        "worst_return": -0.322544,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-04",
        "end": "2025-04-04",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.210695,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "violet",
        "start": "2025-05-30",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.079265,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": 0.066949,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "New",
        "return": -0.017665,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-12",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.029151,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": 0.133652,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-06",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.085431,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-03-27",
        "tenure": "New",
        "return": 0.025,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.066775,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-17",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": 0.03108,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-12",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": -0.007076,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-17",
        "end": "2026-07-31",
        "tenure": "New",
        "return": 0.04698,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-08-07",
        "end": "2026-08-21",
        "tenure": "New",
        "return": -0.001876,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-09-01",
        "close": 1446.754272,
        "volume": 571800,
        "typical_volume": 559725.0,
        "trend": 1316.327901,
        "fair_value": 1171.078866,
        "relative_strength": 4.492173,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.11259,
        "energy": 37.561456,
        "activity_lines": [
          1391.09602,
          1377.498735,
          1366.931397,
          1341.380529
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1380.580811,
        "volume": 683500,
        "typical_volume": 574925.0,
        "trend": 1319.551563,
        "fair_value": 1173.975472,
        "relative_strength": -0.275082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.154572,
        "energy": 28.083273,
        "activity_lines": [
          1392.969434,
          1378.504113,
          1370.599422,
          1345.525878
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1396.897583,
        "volume": 640300,
        "typical_volume": 589525.0,
        "trend": 1320.59766,
        "fair_value": 1176.168069,
        "relative_strength": -2.132007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.329318,
        "energy": 36.637972,
        "activity_lines": [
          1396.051497,
          1383.168404,
          1375.019118,
          1350.515944
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1378.7677,
        "volume": 458000,
        "typical_volume": 605115.0,
        "trend": 1321.517924,
        "fair_value": 1178.1739,
        "relative_strength": -0.296432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.551531,
        "energy": 32.873515,
        "activity_lines": [
          1392.969409,
          1384.190239,
          1376.853513,
          1354.26885
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1380.580811,
        "volume": 662700,
        "typical_volume": 587765.0,
        "trend": 1323.664966,
        "fair_value": 1180.185926,
        "relative_strength": 1.256981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.088596,
        "energy": 21.65395,
        "activity_lines": [
          1387.772233,
          1384.767099,
          1378.233533,
          1358.079359
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1271.802368,
        "volume": 802000,
        "typical_volume": 574285.0,
        "trend": 1324.12996,
        "fair_value": 1181.359556,
        "relative_strength": -4.245117,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.387512,
        "energy": 7.047143,
        "activity_lines": [
          1346.134277,
          1365.483651,
          1368.861534,
          1354.733385
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1320.752563,
        "volume": 451500,
        "typical_volume": 575500.0,
        "trend": 1328.678931,
        "fair_value": 1183.080325,
        "relative_strength": -4.825039,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.838209,
        "energy": 13.343357,
        "activity_lines": [
          1332.476514,
          1356.830806,
          1364.542168,
          1354.515488
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1309.874756,
        "volume": 436300,
        "typical_volume": 571645.0,
        "trend": 1331.848499,
        "fair_value": 1184.232092,
        "relative_strength": -2.675322,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.020082,
        "energy": 20.056621,
        "activity_lines": [
          1319.181364,
          1346.134253,
          1359.032554,
          1353.302316
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1274.521729,
        "volume": 779100,
        "typical_volume": 573280.0,
        "trend": 1332.164889,
        "fair_value": 1185.716205,
        "relative_strength": -4.689175,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.957113,
        "energy": 35.64771,
        "activity_lines": [
          1299.903394,
          1330.559149,
          1350.168873,
          1349.603814
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1280.867188,
        "volume": 577500,
        "typical_volume": 554130.0,
        "trend": 1335.623596,
        "fair_value": 1186.86654,
        "relative_strength": -7.199067,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.998709,
        "energy": 41.542823,
        "activity_lines": [
          1289.690308,
          1317.291475,
          1342.176201,
          1346.294285
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1319.846069,
        "volume": 668800,
        "typical_volume": 557150.0,
        "trend": 1338.527413,
        "fair_value": 1187.338747,
        "relative_strength": -6.346974,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.584016,
        "energy": 32.891573,
        "activity_lines": [
          1299.117757,
          1312.874401,
          1338.644944,
          1345.27638
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1357.012085,
        "volume": 1963100,
        "typical_volume": 636645.0,
        "trend": 1343.357947,
        "fair_value": 1187.354556,
        "relative_strength": -6.556663,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.422827,
        "energy": 10.789995,
        "activity_lines": [
          1317.730965,
          1317.522206,
          1339.003219,
          1346.46894
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1405.05603,
        "volume": 693800,
        "typical_volume": 646305.0,
        "trend": 1349.640409,
        "fair_value": 1187.656634,
        "relative_strength": -3.268906,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.298053,
        "energy": 10.583163,
        "activity_lines": [
          1349.94152,
          1331.333796,
          1344.230638,
          1350.449461
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1365.170532,
        "volume": 824400,
        "typical_volume": 658590.0,
        "trend": 1353.576542,
        "fair_value": 1187.431691,
        "relative_strength": -5.260202,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -2.33104,
        "energy": 12.197281,
        "activity_lines": [
          1362.511491,
          1337.745142,
          1345.529939,
          1351.451405
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1318.939697,
        "volume": 1047700,
        "typical_volume": 694475.0,
        "trend": 1354.267004,
        "fair_value": 1187.225156,
        "relative_strength": -5.114145,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -27.205389,
        "energy": 19.008043,
        "activity_lines": [
          1353.627929,
          1335.998102,
          1342.288173,
          1349.21677
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1299.90332,
        "volume": 1511600,
        "typical_volume": 752120.0,
        "trend": 1352.468738,
        "fair_value": 1186.809762,
        "relative_strength": -8.161351,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.885291,
        "energy": 16.334372,
        "activity_lines": [
          1335.860742,
          1331.910651,
          1337.505363,
          1345.709435
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1280.867188,
        "volume": 1695500,
        "typical_volume": 819745.0,
        "trend": 1352.219084,
        "fair_value": 1186.375452,
        "relative_strength": -9.883795,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.857533,
        "energy": 32.173339,
        "activity_lines": [
          1313.077694,
          1323.851159,
          1331.229019,
          1341.08998
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1352.268311,
        "volume": 2102200,
        "typical_volume": 889090.0,
        "trend": 1353.541996,
        "fair_value": 1186.587929,
        "relative_strength": -5.551158,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -38.59196,
        "energy": 22.529067,
        "activity_lines": [
          1319.171346,
          1329.498877,
          1331.925446,
          1341.093156
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1345.798218,
        "volume": 257000,
        "typical_volume": 871435.0,
        "trend": 1354.051115,
        "fair_value": 1186.589046,
        "relative_strength": -5.634658,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -29.201107,
        "energy": 16.700338,
        "activity_lines": [
          1326.627482,
          1333.199423,
          1332.209561,
          1340.593558
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1372.603027,
        "volume": 659700,
        "typical_volume": 874325.0,
        "trend": 1351.864994,
        "fair_value": 1186.81131,
        "relative_strength": -9.497654,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -7.293142,
        "energy": 4.795192,
        "activity_lines": [
          1344.310042,
          1340.477635,
          1335.009266,
          1341.790455
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1341.176514,
        "volume": 632200,
        "typical_volume": 877345.0,
        "trend": 1350.126628,
        "fair_value": 1187.056809,
        "relative_strength": -12.264862,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -12.486399,
        "energy": 11.493791,
        "activity_lines": [
          1347.939543,
          1340.37401,
          1334.841009,
          1341.100876
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1363.360107,
        "volume": 858400,
        "typical_volume": 886090.0,
        "trend": 1348.283521,
        "fair_value": 1187.406149,
        "relative_strength": -10.046837,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.90582,
        "energy": 12.554656,
        "activity_lines": [
          1356.212028,
          1343.91594,
          1337.288226,
          1341.954649
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1461.33728,
        "volume": 991000,
        "typical_volume": 903625.0,
        "trend": 1351.066052,
        "fair_value": 1187.709488,
        "relative_strength": -4.414731,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 37.834571,
        "energy": 43.299872,
        "activity_lines": [
          1391.644043,
          1365.156483,
          1349.148606,
          1349.24844
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1403.105591,
        "volume": 900600,
        "typical_volume": 925755.0,
        "trend": 1353.297473,
        "fair_value": 1187.162771,
        "relative_strength": -9.719068,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.776808,
        "energy": 41.806081,
        "activity_lines": [
          1400.39423,
          1374.786151,
          1355.156255,
          1352.605829
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1431.759155,
        "volume": 1441100,
        "typical_volume": 964675.0,
        "trend": 1355.1545,
        "fair_value": 1186.805212,
        "relative_strength": -11.176746,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 63.583044,
        "energy": 60.471493,
        "activity_lines": [
          1414.875114,
          1388.935829,
          1363.776921,
          1357.667873
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1488.142334,
        "volume": 728800,
        "typical_volume": 961015.0,
        "trend": 1359.193127,
        "fair_value": 1186.43643,
        "relative_strength": -8.654735,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.944871,
        "energy": 71.886724,
        "activity_lines": [
          1444.206649,
          1411.285731,
          1377.523706,
          1366.247733
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1492.763794,
        "volume": 1026700,
        "typical_volume": 989775.0,
        "trend": 1365.047697,
        "fair_value": 1186.437045,
        "relative_strength": -9.830866,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.131755,
        "energy": 70.465106,
        "activity_lines": [
          1465.280949,
          1431.053371,
          1390.68044,
          1374.865196
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1527.887573,
        "volume": 1096000,
        "typical_volume": 1022760.0,
        "trend": 1369.474459,
        "fair_value": 1186.569648,
        "relative_strength": -6.925898,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.483701,
        "energy": 76.002111,
        "activity_lines": [
          1489.436263,
          1453.354488,
          1406.363195,
          1385.370994
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1575.027466,
        "volume": 765500,
        "typical_volume": 1022080.0,
        "trend": 1377.37618,
        "fair_value": 1186.609859,
        "relative_strength": -1.501169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.836455,
        "energy": 82.101608,
        "activity_lines": [
          1524.868188,
          1481.033416,
          1425.497307,
          1398.632479
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1637.880737,
        "volume": 673300,
        "typical_volume": 1026870.0,
        "trend": 1386.043494,
        "fair_value": 1187.727035,
        "relative_strength": -2.838976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.873626,
        "energy": 86.45,
        "activity_lines": [
          1569.789746,
          1515.972408,
          1449.186466,
          1415.439224
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1595.362305,
        "volume": 623300,
        "typical_volume": 1024595.0,
        "trend": 1390.997095,
        "fair_value": 1188.99363,
        "relative_strength": -3.893785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.38441,
        "energy": 82.336926,
        "activity_lines": [
          1586.797054,
          1538.357544,
          1467.126185,
          1428.943664
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1512.174316,
        "volume": 552900,
        "typical_volume": 954085.0,
        "trend": 1395.383545,
        "fair_value": 1189.968097,
        "relative_strength": -5.510774,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.546672,
        "energy": 63.363629,
        "activity_lines": [
          1568.927034,
          1540.996032,
          1475.831257,
          1436.761549
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1556.541382,
        "volume": 612200,
        "typical_volume": 950005.0,
        "trend": 1400.705005,
        "fair_value": 1191.298212,
        "relative_strength": -3.871539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.222548,
        "energy": 49.446215,
        "activity_lines": [
          1564.552002,
          1548.995546,
          1488.022896,
          1447.158829
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1428.062012,
        "volume": 682100,
        "typical_volume": 942890.0,
        "trend": 1402.348149,
        "fair_value": 1192.199312,
        "relative_strength": -5.791817,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 34.667166,
        "energy": 22.734188,
        "activity_lines": [
          1515.440259,
          1531.90419,
          1487.257045,
          1448.923797
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1465.95874,
        "volume": 602500,
        "typical_volume": 920630.0,
        "trend": 1405.19408,
        "fair_value": 1193.600909,
        "relative_strength": -5.344072,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.786776,
        "energy": 23.002047,
        "activity_lines": [
          1488.758455,
          1521.249396,
          1489.800924,
          1453.027706
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1470.5802,
        "volume": 320200,
        "typical_volume": 861060.0,
        "trend": 1411.820007,
        "fair_value": 1194.577276,
        "relative_strength": -5.602305,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.167681,
        "energy": 22.032288,
        "activity_lines": [
          1475.078605,
          1510.813057,
          1492.08485,
          1457.246165
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1503.855469,
        "volume": 452700,
        "typical_volume": 798920.0,
        "trend": 1417.923438,
        "fair_value": 1196.249202,
        "relative_strength": -3.227827,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.400703,
        "energy": 21.88324,
        "activity_lines": [
          1480.809318,
          1506.746078,
          1496.725103,
          1463.183937
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1223.789063,
        "volume": 1773200,
        "typical_volume": 782470.0,
        "trend": 1415.053914,
        "fair_value": 1195.660015,
        "relative_strength": -21.925639,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -42.55816,
        "energy": 36.268449,
        "activity_lines": [
          1393.739152,
          1451.556268,
          1473.630516,
          1450.659139
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1216.394531,
        "volume": 873600,
        "typical_volume": 813300.0,
        "trend": 1413.116341,
        "fair_value": 1194.924784,
        "relative_strength": -21.733927,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.7564,
        "energy": 62.709053,
        "activity_lines": [
          1326.38763,
          1400.551061,
          1450.443494,
          1437.842404
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1245.048218,
        "volume": 789500,
        "typical_volume": 819790.0,
        "trend": 1411.922375,
        "fair_value": 1194.219784,
        "relative_strength": -19.202103,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.753077,
        "energy": 66.577721,
        "activity_lines": [
          1282.698503,
          1361.276214,
          1430.601603,
          1426.9993
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1206.227051,
        "volume": 608800,
        "typical_volume": 818620.0,
        "trend": 1408.135075,
        "fair_value": 1193.145369,
        "relative_strength": -21.740105,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.554273,
        "energy": 76.362858,
        "activity_lines": [
          1240.796354,
          1322.085383,
          1407.669861,
          1413.728634
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1225.637573,
        "volume": 604600,
        "typical_volume": 805930.0,
        "trend": 1403.755924,
        "fair_value": 1192.452947,
        "relative_strength": -20.321816,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.808891,
        "energy": 83.383394,
        "activity_lines": [
          1222.987923,
          1293.498924,
          1387.229357,
          1401.954601
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1202.529907,
        "volume": 524600,
        "typical_volume": 782610.0,
        "trend": 1397.005054,
        "fair_value": 1192.111095,
        "relative_strength": -20.947024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.685013,
        "energy": 83.730153,
        "activity_lines": [
          1216.024796,
          1265.92083,
          1365.243944,
          1388.972277
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1208.794678,
        "volume": 793700,
        "typical_volume": 777265.0,
        "trend": 1391.792525,
        "fair_value": 1192.059476,
        "relative_strength": -22.051585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.360094,
        "energy": 78.395299,
        "activity_lines": [
          1212.567204,
          1245.918357,
          1345.087592,
          1376.829673
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1206.911743,
        "volume": 507600,
        "typical_volume": 730590.0,
        "trend": 1388.05826,
        "fair_value": 1192.034538,
        "relative_strength": -24.21655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.271079,
        "energy": 70.572673,
        "activity_lines": [
          1208.988623,
          1229.560212,
          1325.677204,
          1364.90188
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1227.623047,
        "volume": 818600,
        "typical_volume": 735080.0,
        "trend": 1385.648918,
        "fair_value": 1191.970748,
        "relative_strength": -23.001439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.983845,
        "energy": 55.594109,
        "activity_lines": [
          1214.856242,
          1221.677703,
          1309.310022,
          1354.551221
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1206.911743,
        "volume": 502100,
        "typical_volume": 708850.0,
        "trend": 1383.183736,
        "fair_value": 1191.929202,
        "relative_strength": -21.685989,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.57842,
        "energy": 55.831907,
        "activity_lines": [
          1212.393693,
          1214.446906,
          1292.210903,
          1343.019791
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1162.664551,
        "volume": 518400,
        "typical_volume": 679970.0,
        "trend": 1376.863611,
        "fair_value": 1191.592947,
        "relative_strength": -19.319361,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.698923,
        "energy": 60.623958,
        "activity_lines": [
          1196.430469,
          1204.570142,
          1272.258966,
          1328.792746
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1073.22876,
        "volume": 851400,
        "typical_volume": 684265.0,
        "trend": 1367.777962,
        "fair_value": 1190.699994,
        "relative_strength": -21.444771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.827613,
        "energy": 72.235061,
        "activity_lines": [
          1153.313005,
          1179.543679,
          1245.528492,
          1309.203401
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1024.274536,
        "volume": 1424900,
        "typical_volume": 721845.0,
        "trend": 1356.167013,
        "fair_value": 1190.035766,
        "relative_strength": -22.597619,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.97704,
        "energy": 84.884971,
        "activity_lines": [
          1102.915194,
          1148.219462,
          1216.525229,
          1287.04189
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1100.530273,
        "volume": 1068100,
        "typical_volume": 744085.0,
        "trend": 1348.145471,
        "fair_value": 1190.508075,
        "relative_strength": -22.937714,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.304104,
        "energy": 85.345394,
        "activity_lines": [
          1090.111776,
          1134.773992,
          1197.706351,
          1270.549197
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1088.291748,
        "volume": 437000,
        "typical_volume": 738290.0,
        "trend": 1338.976526,
        "fair_value": 1190.542088,
        "relative_strength": -23.800023,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.37343,
        "energy": 85.135492,
        "activity_lines": [
          1081.701701,
          1121.025095,
          1180.078242,
          1253.784441
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1066.638794,
        "volume": 576400,
        "typical_volume": 736500.0,
        "trend": 1325.81991,
        "fair_value": 1190.226932,
        "relative_strength": -25.221533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.883024,
        "energy": 82.491633,
        "activity_lines": [
          1073.981974,
          1105.836495,
          1162.406436,
          1236.214264
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1003.56311,
        "volume": 921000,
        "typical_volume": 748445.0,
        "trend": 1312.501827,
        "fair_value": 1189.407793,
        "relative_strength": -24.702214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.449105,
        "energy": 81.174909,
        "activity_lines": [
          1051.638737,
          1081.650335,
          1141.060291,
          1215.423503
        ]
      },
      {
        "date": "2024-09-13",
        "close": 976.261658,
        "volume": 595100,
        "typical_volume": 748075.0,
        "trend": 1297.318577,
        "fair_value": 1188.729201,
        "relative_strength": -26.554353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.049697,
        "energy": 70.902764,
        "activity_lines": [
          1024.839392,
          1056.231758,
          1119.135431,
          1193.730589
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1012.977356,
        "volume": 580300,
        "typical_volume": 761080.0,
        "trend": 1281.479744,
        "fair_value": 1188.230607,
        "relative_strength": -25.480321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.651255,
        "energy": 64.894642,
        "activity_lines": [
          1013.479472,
          1041.682401,
          1103.039195,
          1175.385994
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1071.346069,
        "volume": 497500,
        "typical_volume": 763320.0,
        "trend": 1267.432487,
        "fair_value": 1188.571199,
        "relative_strength": -24.692383,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.0559,
        "energy": 59.279965,
        "activity_lines": [
          1027.41265,
          1041.648186,
          1094.680946,
          1161.828983
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1041.220337,
        "volume": 592000,
        "typical_volume": 704260.0,
        "trend": 1251.210246,
        "fair_value": 1188.718678,
        "relative_strength": -23.971758,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.742031,
        "energy": 52.055256,
        "activity_lines": [
          1032.43363,
          1038.601395,
          1085.513147,
          1147.23465
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1044.985962,
        "volume": 437100,
        "typical_volume": 682435.0,
        "trend": 1233.542196,
        "fair_value": 1188.591348,
        "relative_strength": -24.976335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.906927,
        "energy": 39.496359,
        "activity_lines": [
          1040.404382,
          1038.44734,
          1077.573355,
          1133.929858
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1042.161621,
        "volume": 361600,
        "typical_volume": 661040.0,
        "trend": 1213.684892,
        "fair_value": 1188.379481,
        "relative_strength": -23.345495,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.696296,
        "energy": 32.684813,
        "activity_lines": [
          1044.672164,
          1038.293274,
          1070.180808,
          1121.582724
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1038.395996,
        "volume": 541900,
        "typical_volume": 657695.0,
        "trend": 1195.119348,
        "fair_value": 1188.065971,
        "relative_strength": -20.872006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.181499,
        "energy": 32.326302,
        "activity_lines": [
          1043.291406,
          1037.129329,
          1063.395758,
          1110.273763
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1057.224487,
        "volume": 1047800,
        "typical_volume": 679855.0,
        "trend": 1179.954354,
        "fair_value": 1187.851013,
        "relative_strength": -19.180452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.353977,
        "energy": 29.295881,
        "activity_lines": [
          1046.492236,
          1040.51846,
          1059.203093,
          1101.37732
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1099.588745,
        "volume": 864000,
        "typical_volume": 696825.0,
        "trend": 1164.722599,
        "fair_value": 1187.70832,
        "relative_strength": -18.441625,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.535586,
        "energy": 20.871184,
        "activity_lines": [
          1064.755924,
          1052.175043,
          1059.847086,
          1096.192442
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1052.517334,
        "volume": 1315400,
        "typical_volume": 722910.0,
        "trend": 1152.204443,
        "fair_value": 1186.909582,
        "relative_strength": -19.604263,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.706304,
        "energy": 19.651513,
        "activity_lines": [
          1063.437915,
          1054.674098,
          1056.498283,
          1088.953393
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1088.291748,
        "volume": 1155100,
        "typical_volume": 755285.0,
        "trend": 1139.615544,
        "fair_value": 1186.445352,
        "relative_strength": -15.450897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.268308,
        "energy": 13.549468,
        "activity_lines": [
          1073.542619,
          1062.787514,
          1057.300745,
          1084.829993
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1055.341675,
        "volume": 2269500,
        "typical_volume": 827830.0,
        "trend": 1125.774259,
        "fair_value": 1185.631501,
        "relative_strength": -17.222447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.125737,
        "energy": 13.009477,
        "activity_lines": [
          1069.588623,
          1062.873098,
          1055.529963,
          1079.39297
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1076.994629,
        "volume": 1457500,
        "typical_volume": 875600.0,
        "trend": 1111.545565,
        "fair_value": 1184.878946,
        "relative_strength": -16.796033,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.500941,
        "energy": 9.458299,
        "activity_lines": [
          1071.722567,
          1066.125322,
          1056.641754,
          1076.245897
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1080.760376,
        "volume": 1680700,
        "typical_volume": 933715.0,
        "trend": 1106.777942,
        "fair_value": 1183.98445,
        "relative_strength": -16.724879,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.730972,
        "energy": 8.236905,
        "activity_lines": [
          1073.79375,
          1069.959526,
          1058.73084,
          1074.259755
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1069.463013,
        "volume": 2202500,
        "typical_volume": 1001270.0,
        "trend": 1101.880225,
        "fair_value": 1182.94003,
        "relative_strength": -15.415643,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.299076,
        "energy": 8.041846,
        "activity_lines": [
          1073.35437,
          1071.020754,
          1060.134007,
          1071.852341
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1119.633667,
        "volume": 3092400,
        "typical_volume": 1084645.0,
        "trend": 1097.69974,
        "fair_value": 1182.196907,
        "relative_strength": -14.282941,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 11.221713,
        "energy": 17.908719,
        "activity_lines": [
          1088.50883,
          1080.758882,
          1066.333263,
          1072.997724
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1159.037109,
        "volume": 590900,
        "typical_volume": 1060785.0,
        "trend": 1096.126741,
        "fair_value": 1181.18059,
        "relative_strength": -9.803622,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 41.209188,
        "energy": 52.402243,
        "activity_lines": [
          1114.708309,
          1096.25269,
          1075.831138,
          1076.954974
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1109.062012,
        "volume": 1217900,
        "typical_volume": 1099830.0,
        "trend": 1092.240889,
        "fair_value": 1180.078843,
        "relative_strength": -11.599335,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 30.997081,
        "energy": 49.416455,
        "activity_lines": [
          1117.336393,
          1100.466642,
          1080.290875,
          1077.789507
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1082.152344,
        "volume": 700100,
        "typical_volume": 1106015.0,
        "trend": 1088.228304,
        "fair_value": 1179.598861,
        "relative_strength": -11.60075,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.646879,
        "energy": 42.580485,
        "activity_lines": [
          1108.856763,
          1098.845426,
          1082.08888,
          1077.138633
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1096.568237,
        "volume": 613300,
        "typical_volume": 1090630.0,
        "trend": 1084.487423,
        "fair_value": 1179.669948,
        "relative_strength": -13.184549,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.817908,
        "energy": 26.965515,
        "activity_lines": [
          1105.089632,
          1100.162307,
          1085.185954,
          1077.676694
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1090.802002,
        "volume": 671900,
        "typical_volume": 1094470.0,
        "trend": 1080.617098,
        "fair_value": 1179.088798,
        "relative_strength": -12.170353,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 8.721939,
        "energy": 7.600953,
        "activity_lines": [
          1097.593408,
          1099.629856,
          1087.290981,
          1078.084086
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1107.139893,
        "volume": 797800,
        "typical_volume": 1105345.0,
        "trend": 1076.600993,
        "fair_value": 1178.461355,
        "relative_strength": -8.518006,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.794063,
        "energy": 18.860284,
        "activity_lines": [
          1097.465259,
          1102.02229,
          1090.406567,
          1079.795234
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1111.94519,
        "volume": 612900,
        "typical_volume": 1111115.0,
        "trend": 1073.435441,
        "fair_value": 1178.916276,
        "relative_strength": -8.475172,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.61768,
        "energy": 22.029312,
        "activity_lines": [
          1102.39869,
          1104.346629,
          1093.531408,
          1082.075505
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1008.150818,
        "volume": 1286000,
        "typical_volume": 1145815.0,
        "trend": 1068.284983,
        "fair_value": 1179.226035,
        "relative_strength": -15.590465,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.131493,
        "energy": 9.779957,
        "activity_lines": [
          1072.541785,
          1087.163798,
          1086.577741,
          1077.863594
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1017.761475,
        "volume": 544400,
        "typical_volume": 1151180.0,
        "trend": 1066.436074,
        "fair_value": 1179.899445,
        "relative_strength": -10.507758,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.567881,
        "energy": 36.619187,
        "activity_lines": [
          1050.821867,
          1073.048534,
          1080.696849,
          1074.604012
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1009.111877,
        "volume": 925300,
        "typical_volume": 1179365.0,
        "trend": 1065.930652,
        "fair_value": 1181.138277,
        "relative_strength": -9.992898,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.019213,
        "energy": 52.464987,
        "activity_lines": [
          1031.472534,
          1058.300644,
          1074.121826,
          1070.905677
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1027.37207,
        "volume": 819200,
        "typical_volume": 1193230.0,
        "trend": 1063.492045,
        "fair_value": 1181.878886,
        "relative_strength": -8.020121,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.486718,
        "energy": 52.700229,
        "activity_lines": [
          1023.655941,
          1048.882275,
          1069.443249,
          1068.418027
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1056.203735,
        "volume": 1119300,
        "typical_volume": 1196805.0,
        "trend": 1062.422445,
        "fair_value": 1182.765161,
        "relative_strength": -6.285971,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.707299,
        "energy": 49.01219,
        "activity_lines": [
          1030.767757,
          1047.099938,
          1067.563039,
          1067.947813
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1066.775391,
        "volume": 912100,
        "typical_volume": 1199210.0,
        "trend": 1062.426998,
        "fair_value": 1183.775136,
        "relative_strength": -3.257893,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.946377,
        "energy": 22.134768,
        "activity_lines": [
          1045.119556,
          1048.200779,
          1066.694515,
          1068.228648
        ]
      },
      {
        "date": "2025-04-04",
        "close": 981.241211,
        "volume": 1644200,
        "typical_volume": 1215650.0,
        "trend": 1061.682935,
        "fair_value": 1184.510892,
        "relative_strength": -1.596976,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -46.753186,
        "energy": 31.709854,
        "activity_lines": [
          1027.051656,
          1034.029532,
          1057.836132,
          1062.990856
        ]
      },
      {
        "date": "2025-04-11",
        "close": 898.590149,
        "volume": 2304500,
        "typical_volume": 1273120.0,
        "trend": 1059.093884,
        "fair_value": 1184.761581,
        "relative_strength": -8.610558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.600349,
        "energy": 68.767829,
        "activity_lines": [
          983.868087,
          1006.927674,
          1041.44563,
          1052.46874
        ]
      },
      {
        "date": "2025-04-18",
        "close": 963.942139,
        "volume": 878100,
        "typical_volume": 1203550.0,
        "trend": 1057.459377,
        "fair_value": 1185.352886,
        "relative_strength": -4.51982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.883119,
        "energy": 70.790223,
        "activity_lines": [
          969.836629,
          995.202758,
          1032.182468,
          1046.329918
        ]
      },
      {
        "date": "2025-04-25",
        "close": 994.696045,
        "volume": 658800,
        "typical_volume": 1163615.0,
        "trend": 1054.904376,
        "fair_value": 1186.135737,
        "relative_strength": -3.476515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.488235,
        "energy": 71.695622,
        "activity_lines": [
          970.285136,
          991.673056,
          1026.283484,
          1042.280671
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1020.644653,
        "volume": 404300,
        "typical_volume": 1099795.0,
        "trend": 1054.21852,
        "fair_value": 1186.917124,
        "relative_strength": -3.290992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.470159,
        "energy": 55.576634,
        "activity_lines": [
          983.483691,
          994.993085,
          1023.247695,
          1040.070366
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1020.644653,
        "volume": 346900,
        "typical_volume": 1007015.0,
        "trend": 1053.407143,
        "fair_value": 1187.653763,
        "relative_strength": -4.246446,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.747194,
        "energy": 25.28648,
        "activity_lines": [
          999.757629,
          998.085954,
          1020.498172,
          1037.90431
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1076.385986,
        "volume": 925200,
        "typical_volume": 898655.0,
        "trend": 1054.547955,
        "fair_value": 1188.244312,
        "relative_strength": 0.52008,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.694776,
        "energy": 16.590206,
        "activity_lines": [
          1031.985115,
          1011.261189,
          1023.289815,
          1039.386816
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1087.918823,
        "volume": 680300,
        "typical_volume": 903125.0,
        "trend": 1056.198716,
        "fair_value": 1189.233207,
        "relative_strength": 3.373168,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 14.486797,
        "energy": 24.580773,
        "activity_lines": [
          1056.203825,
          1025.310138,
          1027.385765,
          1041.539775
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1114.828369,
        "volume": 430000,
        "typical_volume": 863730.0,
        "trend": 1058.118846,
        "fair_value": 1190.14849,
        "relative_strength": 3.895561,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.925526,
        "energy": 36.754587,
        "activity_lines": [
          1081.12727,
          1043.150882,
          1034.383187,
          1045.322334
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1098.490479,
        "volume": 502700,
        "typical_volume": 853860.0,
        "trend": 1058.082237,
        "fair_value": 1191.356174,
        "relative_strength": 3.12485,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.060777,
        "energy": 46.18036,
        "activity_lines": [
          1092.595931,
          1056.955198,
          1039.797161,
          1047.926955
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1087.918823,
        "volume": 523700,
        "typical_volume": 849380.0,
        "trend": 1059.262286,
        "fair_value": 1192.960344,
        "relative_strength": 2.078588,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.31446,
        "energy": 49.688989,
        "activity_lines": [
          1095.350985,
          1068.260757,
          1044.12651,
          1049.851896
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1088.879761,
        "volume": 575600,
        "typical_volume": 844565.0,
        "trend": 1059.281887,
        "fair_value": 1194.514739,
        "relative_strength": 0.847977,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.729412,
        "energy": 42.998996,
        "activity_lines": [
          1093.941406,
          1077.801438,
          1048.588564,
          1051.762701
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1135.478394,
        "volume": 795600,
        "typical_volume": 844455.0,
        "trend": 1061.953111,
        "fair_value": 1196.478373,
        "relative_strength": 0.742107,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.502602,
        "energy": 40.557482,
        "activity_lines": [
          1107.231787,
          1092.354787,
          1057.497737,
          1056.678605
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1160.013428,
        "volume": 734300,
        "typical_volume": 850525.0,
        "trend": 1064.720404,
        "fair_value": 1198.593604,
        "relative_strength": 3.823377,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 49.235751,
        "energy": 54.339739,
        "activity_lines": [
          1125.529875,
          1108.250211,
          1068.608635,
          1063.005077
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1203.194946,
        "volume": 789400,
        "typical_volume": 825695.0,
        "trend": 1068.801556,
        "fair_value": 1201.036746,
        "relative_strength": 8.299832,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 85.699612,
        "energy": 86.556192,
        "activity_lines": [
          1155.209465,
          1128.991049,
          1083.603162,
          1071.938918
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1158.050659,
        "volume": 772600,
        "typical_volume": 837105.0,
        "trend": 1071.754478,
        "fair_value": 1202.89522,
        "relative_strength": 3.65742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.524167,
        "energy": 78.869122,
        "activity_lines": [
          1162.860661,
          1138.204739,
          1093.369451,
          1077.696925
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1177.678589,
        "volume": 456400,
        "typical_volume": 813660.0,
        "trend": 1073.689309,
        "fair_value": 1204.959013,
        "relative_strength": 1.422405,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.559053,
        "energy": 80.734202,
        "activity_lines": [
          1172.379045,
          1148.488852,
          1104.337024,
          1084.530738
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1221.841553,
        "volume": 776900,
        "typical_volume": 811545.0,
        "trend": 1075.78279,
        "fair_value": 1207.061726,
        "relative_strength": 6.914808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.432288,
        "energy": 85.187159,
        "activity_lines": [
          1190.698495,
          1164.960911,
          1118.707894,
          1094.088948
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1260.116089,
        "volume": 559700,
        "typical_volume": 783565.0,
        "trend": 1080.817926,
        "fair_value": 1209.205363,
        "relative_strength": 7.506791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.022632,
        "energy": 79.344123,
        "activity_lines": [
          1216.018579,
          1185.957018,
          1135.797913,
          1105.981419
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1251.283447,
        "volume": 738200,
        "typical_volume": 774870.0,
        "trend": 1086.455629,
        "fair_value": 1211.139061,
        "relative_strength": 2.924236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.91783,
        "energy": 87.007969,
        "activity_lines": [
          1231.720939,
          1202.705595,
          1151.075717,
          1116.979194
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1264.041626,
        "volume": 401400,
        "typical_volume": 712730.0,
        "trend": 1092.038076,
        "fair_value": 1213.023936,
        "relative_strength": 5.697638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.547508,
        "energy": 87.975118,
        "activity_lines": [
          1248.470125,
          1218.995787,
          1166.689975,
          1128.436355
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1283.669678,
        "volume": 469100,
        "typical_volume": 620960.0,
        "trend": 1098.466998,
        "fair_value": 1215.233381,
        "relative_strength": 6.945212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.627521,
        "energy": 89.087627,
        "activity_lines": [
          1264.695931,
          1235.652484,
          1182.826904,
          1140.799684
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1326.851196,
        "volume": 658100,
        "typical_volume": 609960.0,
        "trend": 1105.790708,
        "fair_value": 1217.299421,
        "relative_strength": 9.526264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.217414,
        "energy": 88.587567,
        "activity_lines": [
          1288.249504,
          1256.61873,
          1201.242646,
          1155.534149
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1354.330322,
        "volume": 503300,
        "typical_volume": 602185.0,
        "trend": 1113.870213,
        "fair_value": 1219.60975,
        "relative_strength": 7.165149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.915197,
        "energy": 86.029594,
        "activity_lines": [
          1313.962142,
          1279.101676,
          1220.547309,
          1171.568963
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1307.223267,
        "volume": 585400,
        "typical_volume": 611240.0,
        "trend": 1123.839294,
        "fair_value": 1221.606756,
        "relative_strength": 2.648459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.101525,
        "energy": 65.883201,
        "activity_lines": [
          1317.69148,
          1289.486668,
          1233.653041,
          1184.043353
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1332.739624,
        "volume": 509300,
        "typical_volume": 619360.0,
        "trend": 1134.338566,
        "fair_value": 1223.98311,
        "relative_strength": 3.763212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.100696,
        "energy": 66.889768,
        "activity_lines": [
          1326.196948,
          1302.619573,
          1247.824243,
          1197.520794
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1324.888428,
        "volume": 625900,
        "typical_volume": 604395.0,
        "trend": 1144.864451,
        "fair_value": 1225.832142,
        "relative_strength": 2.079297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.786912,
        "energy": 62.78734,
        "activity_lines": [
          1327.505485,
          1311.148826,
          1259.761546,
          1209.814333
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1362.181519,
        "volume": 704700,
        "typical_volume": 605615.0,
        "trend": 1156.024766,
        "fair_value": 1228.277978,
        "relative_strength": -0.240544,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.294018,
        "energy": 63.998277,
        "activity_lines": [
          1338.497136,
          1323.782098,
          1274.067226,
          1223.834789
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1306.241821,
        "volume": 703900,
        "typical_volume": 619310.0,
        "trend": 1164.359369,
        "fair_value": 1230.444725,
        "relative_strength": -3.365654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.532458,
        "energy": 55.535645,
        "activity_lines": [
          1328.486865,
          1323.69288,
          1281.739303,
          1233.526212
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1357.274536,
        "volume": 856500,
        "typical_volume": 637000.0,
        "trend": 1174.042674,
        "fair_value": 1232.836392,
        "relative_strength": -3.097752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.254105,
        "energy": 56.345756,
        "activity_lines": [
          1338.6934,
          1332.043688,
          1293.360146,
          1245.972352
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1359.237427,
        "volume": 922400,
        "typical_volume": 656935.0,
        "trend": 1186.642548,
        "fair_value": 1235.030537,
        "relative_strength": -8.604725,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.037994,
        "energy": 55.397731,
        "activity_lines": [
          1346.217481,
          1338.824274,
          1303.935627,
          1257.920401
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1311.148804,
        "volume": 542600,
        "typical_volume": 655285.0,
        "trend": 1200.394503,
        "fair_value": 1236.774458,
        "relative_strength": -7.984782,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.860055,
        "energy": 42.553861,
        "activity_lines": [
          1335.9455,
          1335.130642,
          1308.639245,
          1265.953062
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1233.618286,
        "volume": 1214900,
        "typical_volume": 676250.0,
        "trend": 1209.383708,
        "fair_value": 1237.158258,
        "relative_strength": -13.436464,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 24.166472,
        "energy": 18.839326,
        "activity_lines": [
          1300.745988,
          1316.840931,
          1304.90058,
          1268.096532
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1235.581055,
        "volume": 700800,
        "typical_volume": 674575.0,
        "trend": 1217.413208,
        "fair_value": 1237.100359,
        "relative_strength": -9.992677,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 1.820475,
        "energy": 13.204778,
        "activity_lines": [
          1274.771615,
          1300.603232,
          1300.881512,
          1269.786684
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1277.78125,
        "volume": 663500,
        "typical_volume": 668280.0,
        "trend": 1225.984428,
        "fair_value": 1237.136943,
        "relative_strength": -9.799197,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.082956,
        "energy": 20.973737,
        "activity_lines": [
          1267.574691,
          1294.197372,
          1300.521665,
          1273.681396
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1255.209106,
        "volume": 779200,
        "typical_volume": 668610.0,
        "trend": 1233.803243,
        "fair_value": 1237.159438,
        "relative_strength": -11.647985,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.358379,
        "energy": 21.63852,
        "activity_lines": [
          1258.153271,
          1284.222796,
          1297.656917,
          1275.566859
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1274.837036,
        "volume": 1238800,
        "typical_volume": 707730.0,
        "trend": 1240.418278,
        "fair_value": 1237.506501,
        "relative_strength": -10.734228,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.598899,
        "energy": 16.091933,
        "activity_lines": [
          1262.209717,
          1279.22658,
          1296.198837,
          1278.214201
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1283.669678,
        "volume": 1345400,
        "typical_volume": 736155.0,
        "trend": 1246.943307,
        "fair_value": 1238.557532,
        "relative_strength": -7.594419,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.169532,
        "energy": 9.580183,
        "activity_lines": [
          1271.63116,
          1276.746325,
          1295.119301,
          1281.004614
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1319.0,
        "volume": 1496200,
        "typical_volume": 782980.0,
        "trend": 1253.749028,
        "fair_value": 1239.6684,
        "relative_strength": -7.262258,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.248025,
        "energy": 16.833908,
        "activity_lines": [
          1289.492619,
          1282.117252,
          1297.110138,
          1285.653432
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1309.0,
        "volume": 751900,
        "typical_volume": 783665.0,
        "trend": 1260.766012,
        "fair_value": 1240.858945,
        "relative_strength": -7.019551,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.867554,
        "energy": 21.914759,
        "activity_lines": [
          1298.459481,
          1285.43803,
          1297.868195,
          1289.218011
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1306.0,
        "volume": 672800,
        "typical_volume": 797235.0,
        "trend": 1268.035384,
        "fair_value": 1241.915235,
        "relative_strength": -9.89559,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 35.308325,
        "energy": 23.925369,
        "activity_lines": [
          1304.345093,
          1289.091073,
          1298.065697,
          1292.136333
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1361.0,
        "volume": 565700,
        "typical_volume": 802065.0,
        "trend": 1277.106059,
        "fair_value": 1243.197564,
        "relative_strength": -9.394691,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 66.77816,
        "energy": 44.097644,
        "activity_lines": [
          1325.177979,
          1303.712069,
          1303.301492,
          1298.13405
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1312.0,
        "volume": 639500,
        "typical_volume": 801135.0,
        "trend": 1282.990112,
        "fair_value": 1243.889734,
        "relative_strength": -12.324491,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.908642,
        "energy": 38.692839,
        "activity_lines": [
          1323.933333,
          1308.517589,
          1303.50238,
          1300.385272
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1257.0,
        "volume": 661300,
        "typical_volume": 809035.0,
        "trend": 1286.222998,
        "fair_value": 1243.79225,
        "relative_strength": -14.939487,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.407559,
        "energy": 10.984874,
        "activity_lines": [
          1302.466667,
          1301.897987,
          1298.535894,
          1298.708491
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1354.0,
        "volume": 876400,
        "typical_volume": 823585.0,
        "trend": 1291.249833,
        "fair_value": 1244.241795,
        "relative_strength": -9.722826,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.119336,
        "energy": 29.5802,
        "activity_lines": [
          1317.466667,
          1312.525313,
          1303.27098,
          1303.081201
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1325.0,
        "volume": 1192500,
        "typical_volume": 857745.0,
        "trend": 1296.814811,
        "fair_value": 1243.982086,
        "relative_strength": -15.525526,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.79989,
        "energy": 17.382592,
        "activity_lines": [
          1319.8,
          1316.494116,
          1305.021416,
          1305.258631
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1385.0,
        "volume": 780500,
        "typical_volume": 865475.0,
        "trend": 1303.725525,
        "fair_value": 1244.19901,
        "relative_strength": -11.419048,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.693768,
        "energy": 35.310912,
        "activity_lines": [
          1340.866667,
          1330.103085,
          1312.522992,
          1310.947998
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1425.0,
        "volume": 553200,
        "typical_volume": 857900.0,
        "trend": 1310.497473,
        "fair_value": 1244.896641,
        "relative_strength": -11.800225,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 74.405475,
        "energy": 68.655951,
        "activity_lines": [
          1373.666667,
          1348.981818,
          1323.547847,
          1318.772157
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1311.0,
        "volume": 756700,
        "typical_volume": 860540.0,
        "trend": 1312.193604,
        "fair_value": 1245.23733,
        "relative_strength": -13.916556,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.324528,
        "energy": 45.069237,
        "activity_lines": [
          1360.933333,
          1344.563636,
          1323.416423,
          1318.804579
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1199.0,
        "volume": 1507600,
        "typical_volume": 893095.0,
        "trend": 1310.450822,
        "fair_value": 1245.331667,
        "relative_strength": -18.323266,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -11.703875,
        "energy": 5.936419,
        "activity_lines": [
          1307.266667,
          1319.927273,
          1312.595675,
          1311.501765
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1200.0,
        "volume": 1536600,
        "typical_volume": 923805.0,
        "trend": 1308.316101,
        "fair_value": 1245.236874,
        "relative_strength": -17.246614,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -63.033929,
        "energy": 38.458705,
        "activity_lines": [
          1264.266667,
          1297.472727,
          1302.623853,
          1304.375906
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1230.0,
        "volume": 3530100,
        "typical_volume": 1073180.0,
        "trend": 1306.527112,
        "fair_value": 1245.012322,
        "relative_strength": -14.83546,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -57.09803,
        "energy": 43.992148,
        "activity_lines": [
          1239.6,
          1282.4,
          1296.267447,
          1299.323254
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1228.0,
        "volume": 1451000,
        "typical_volume": 1084985.0,
        "trend": 1303.232072,
        "fair_value": 1245.338566,
        "relative_strength": -14.212846,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.092344,
        "energy": 54.782385,
        "activity_lines": [
          1224.6,
          1269.345455,
          1290.106988,
          1294.256989
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1310.0,
        "volume": 1554100,
        "typical_volume": 1127650.0,
        "trend": 1301.754395,
        "fair_value": 1245.833877,
        "relative_strength": -14.365856,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.107111,
        "energy": 43.827338,
        "activity_lines": [
          1250.066667,
          1272.727273,
          1291.782806,
          1294.69363
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1386.0,
        "volume": 1452200,
        "typical_volume": 1167085.0,
        "trend": 1304.380286,
        "fair_value": 1246.948646,
        "relative_strength": -11.545555,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.015178,
        "energy": 3.17175,
        "activity_lines": [
          1300.933333,
          1288.963636,
          1300.342344,
          1300.12883
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1291.0,
        "volume": 1063400,
        "typical_volume": 1181295.0,
        "trend": 1302.988965,
        "fair_value": 1247.425683,
        "relative_strength": -18.956798,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.427485,
        "energy": 8.414084,
        "activity_lines": [
          1307.666667,
          1287.345455,
          1299.338935,
          1299.265586
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1260.257324,
        "volume": 792200,
        "typical_volume": 1158965.0,
        "trend": 1300.834595,
        "fair_value": 1247.510111,
        "relative_strength": -20.240957,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.959878,
        "energy": 19.21645,
        "activity_lines": [
          1298.085775,
          1280.755877,
          1295.23722,
          1296.508706
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1288.721069,
        "volume": 341500,
        "typical_volume": 1108770.0,
        "trend": 1298.385913,
        "fair_value": 1247.449183,
        "relative_strength": -22.226416,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.552471,
        "energy": 14.883548,
        "activity_lines": [
          1295.975643,
          1281.609575,
          1293.915764,
          1295.727188
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1340.741089,
        "volume": 1255700,
        "typical_volume": 1096745.0,
        "trend": 1299.535889,
        "fair_value": 1247.365143,
        "relative_strength": -16.96483,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.614661,
        "energy": 4.105657,
        "activity_lines": [
          1307.157446,
          1294.399256,
          1297.524542,
          1298.45978
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1364.297363,
        "volume": 1065000,
        "typical_volume": 1112400.0,
        "trend": 1299.769983,
        "fair_value": 1247.851942,
        "relative_strength": -17.614076,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 54.498648,
        "energy": 27.307207,
        "activity_lines": [
          1324.141935,
          1310.93115,
          1303.273246,
          1302.637939
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1372.149414,
        "volume": 880600,
        "typical_volume": 1122790.0,
        "trend": 1300.200382,
        "fair_value": 1248.233791,
        "relative_strength": -20.36733,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 56.054254,
        "energy": 43.139426,
        "activity_lines": [
          1345.190617,
          1325.885283,
          1309.506444,
          1307.30758
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1429.076904,
        "volume": 165600,
        "typical_volume": 1102785.0,
        "trend": 1304.131319,
        "fair_value": 1248.865536,
        "relative_strength": -16.915501,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.757456,
        "energy": 65.902058,
        "activity_lines": [
          1379.805167,
          1348.059879,
          1320.846309,
          1315.622194
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1350.556152,
        "volume": 205200,
        "typical_volume": 1081070.0,
        "trend": 1308.029248,
        "fair_value": 1248.303802,
        "relative_strength": -20.31266,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.562702,
        "energy": 59.941519,
        "activity_lines": [
          1376.991496,
          1352.338394,
          1324.383833,
          1318.617345
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1361.352783,
        "volume": 99100,
        "typical_volume": 1052960.0,
        "trend": 1312.221639,
        "fair_value": 1248.098836,
        "relative_strength": -25.052558,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.927555,
        "energy": 53.564822,
        "activity_lines": [
          1373.654362,
          1356.35164,
          1328.766006,
          1322.057573
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1327.0,
        "volume": 264600,
        "typical_volume": 1022370.0,
        "trend": 1313.862264,
        "fair_value": 1247.511315,
        "relative_strength": -24.432475,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.456912,
        "energy": 31.581954,
        "activity_lines": [
          1357.492187,
          1353.185238,
          1329.379567,
          1323.011016
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1314.0,
        "volume": 179800,
        "typical_volume": 971735.0,
        "trend": 1315.82196,
        "fair_value": 1247.101947,
        "relative_strength": -24.997216,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.490607,
        "energy": 15.930449,
        "activity_lines": [
          1339.48317,
          1348.727927,
          1328.883605,
          1323.019902
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1341.0,
        "volume": 205200,
        "typical_volume": 942970.0,
        "trend": 1318.027393,
        "fair_value": 1247.132954,
        "relative_strength": -21.479487,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.909136,
        "energy": 17.438174,
        "activity_lines": [
          1334.350781,
          1348.761526,
          1331.011452,
          1324.644291
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1341.0,
        "volume": 265300,
        "typical_volume": 928575.0,
        "trend": 1319.938403,
        "fair_value": 1246.908285,
        "relative_strength": -15.539676,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.741352,
        "energy": 17.429648,
        "activity_lines": [
          1335.090186,
          1347.327075,
          1333.348823,
          1326.126395
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1404.0,
        "volume": 683900,
        "typical_volume": 924935.0,
        "trend": 1322.771737,
        "fair_value": 1247.14557,
        "relative_strength": -11.75724,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.137399,
        "energy": 28.731219,
        "activity_lines": [
          1357.466667,
          1356.396644,
          1342.086194,
          1331.549724
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1404.0,
        "volume": 1003900,
        "typical_volume": 899750.0,
        "trend": 1325.938403,
        "fair_value": 1247.70245,
        "relative_strength": -10.849428,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.918676,
        "energy": 50.2733,
        "activity_lines": [
          1377.0,
          1364.316051,
          1350.380708,
          1336.790257
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1599.0,
        "volume": 1790600,
        "typical_volume": 912450.0,
        "trend": 1335.70507,
        "fair_value": 1249.009599,
        "relative_strength": 0.059207,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.622474,
        "energy": 82.739932,
        "activity_lines": [
          1456.4,
          1406.968137,
          1376.270459,
          1354.407134
        ]
      },
      {
        "date": "2026-08-14",
        "close": 1661.0,
        "volume": 1323700,
        "typical_volume": 802130.0,
        "trend": 1345.70507,
        "fair_value": 1251.080267,
        "relative_strength": -0.393471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.71109,
        "energy": 96.212191,
        "activity_lines": [
          1537.466667,
          1456.768395,
          1406.164973,
          1375.393904
        ]
      },
      {
        "date": "2026-08-21",
        "close": 1596.0,
        "volume": 1118900,
        "typical_volume": 785525.0,
        "trend": 1355.171737,
        "fair_value": 1252.478592,
        "relative_strength": 0.053242,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.372852,
        "energy": 90.148158,
        "activity_lines": [
          1575.533333,
          1490.533687,
          1427.81663,
          1391.541964
        ]
      }
    ],
    "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."
    }
  }
}