{
  "ticker": {
    "uuid": "e240b036-3fb6-4fbb-b31f-6fffa7085876",
    "symbol": "ARE",
    "name": "Alexandria Real Estate Equities, Inc.",
    "exchange": "MEX",
    "country": "MX",
    "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": "2026-08-07",
    "benchmark": "^MXX",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "down",
    "architecture_direction": 19.056,
    "architecture_energy": 23.05,
    "architecture_maturity": 8.381,
    "architecture_confidence": 55.668,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 47.01,
        "rotation_up": 43.02,
        "upward_expansion": 33.67,
        "deceleration": 30.27,
        "rotation_down": 22.71,
        "downward_expansion": 55.67
      },
      "activity_lines": [
        901.032666,
        887.363313,
        876.936989,
        890.245646
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 964.0,
    "trend_reference": 913.948653,
    "distance_from_trend": 0.054764,
    "trend_direction": "Weakening",
    "fair_value": 1718.423071,
    "distance_from_fair_value": -0.439021,
    "fair_value_direction": "Improving",
    "relative_strength": -11.036724,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.006494,
    "excess_performance": 0.061161,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.054764,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.005709,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.439021,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.126875,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.110367,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.34188,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.006494,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.066667,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 2.066667,
      "dry_up": 0.264933,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.032297,
      "annualized_volatility": 0.422579,
      "from_high_reference": -0.396062,
      "from_low_reference": 0.362544
    },
    "levels": {
      "trend_reference": 913.948653,
      "fair_value_reference": 1718.423071,
      "structural_low": 707.5,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.001271,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.008309,
        "regime_survival": 0.5,
        "best_return": 0.002542,
        "worst_return": 0.0,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.002542,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.024545,
        "regime_survival": 0.0,
        "best_return": 0.002542,
        "worst_return": 0.002542,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.003182,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.05911,
        "regime_survival": 0.0,
        "best_return": 0.003182,
        "worst_return": 0.003182,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.157483,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.209037,
        "regime_survival": 0.0,
        "best_return": 0.157483,
        "worst_return": 0.157483,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-01-26",
        "end": "2024-02-16",
        "tenure": "New",
        "return": 0.143315,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-02-23",
        "end": "2024-04-12",
        "tenure": "Developing",
        "return": 0.002542,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-04-19",
        "end": "2024-06-14",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-21",
        "end": "2024-06-28",
        "tenure": "New",
        "return": 0.000638,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-05",
        "end": "2024-08-23",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-30",
        "end": "2024-09-06",
        "tenure": "New",
        "return": 0.152526,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-13",
        "end": "2025-02-28",
        "tenure": "Established",
        "return": 0.001116,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-03-21",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.000634,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-16",
        "end": "2025-06-06",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-13",
        "end": "2026-04-03",
        "tenure": "Extended",
        "return": -0.538734,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-01",
        "end": "2026-07-24",
        "tenure": "Established",
        "return": 0.019108,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 2087.841553,
        "volume": 0,
        "typical_volume": 661.75,
        "trend": 2312.140324,
        "fair_value": 2898.957956,
        "relative_strength": -23.182851,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.0,
        "energy": 83.55,
        "activity_lines": [
          2087.841553,
          2087.774437,
          2097.329859,
          2156.32879
        ]
      },
      {
        "date": "2023-08-25",
        "close": 2087.841553,
        "volume": 0,
        "typical_volume": 661.75,
        "trend": 2280.270427,
        "fair_value": 2893.788336,
        "relative_strength": -22.446349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.0,
        "energy": 83.55,
        "activity_lines": [
          2087.841553,
          2087.819181,
          2094.545664,
          2141.857901
        ]
      },
      {
        "date": "2023-09-01",
        "close": 2087.841553,
        "volume": 0,
        "typical_volume": 661.75,
        "trend": 2248.400529,
        "fair_value": 2888.618717,
        "relative_strength": -21.574518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.5,
        "energy": 85.125,
        "activity_lines": [
          2087.841553,
          2087.841553,
          2092.047087,
          2129.443135
        ]
      },
      {
        "date": "2023-09-08",
        "close": 2087.841553,
        "volume": 0,
        "typical_volume": 507.05,
        "trend": 2216.530632,
        "fair_value": 2883.449097,
        "relative_strength": -19.852336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.5,
        "energy": 65.125,
        "activity_lines": [
          2087.841553,
          2087.841553,
          2089.834128,
          2119.084492
        ]
      },
      {
        "date": "2023-09-15",
        "close": 2087.841553,
        "volume": 0,
        "typical_volume": 507.05,
        "trend": 2184.660734,
        "fair_value": 2878.279477,
        "relative_strength": -17.27036,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.5,
        "energy": 65.125,
        "activity_lines": [
          2087.841553,
          2087.841553,
          2088.375044,
          2110.781971
        ]
      },
      {
        "date": "2023-09-22",
        "close": 2087.841553,
        "volume": 0,
        "typical_volume": 507.05,
        "trend": 2152.790837,
        "fair_value": 2873.109857,
        "relative_strength": -16.927394,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.5,
        "energy": 61.975,
        "activity_lines": [
          2087.841553,
          2087.841553,
          2087.669837,
          2104.535572
        ]
      },
      {
        "date": "2023-09-29",
        "close": 2089.07373,
        "volume": 0,
        "typical_volume": 169.55,
        "trend": 2136.996403,
        "fair_value": 2867.94142,
        "relative_strength": -14.65199,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.0,
        "energy": 60.4,
        "activity_lines": [
          2088.252279,
          2088.065585,
          2087.835856,
          2100.424791
        ]
      },
      {
        "date": "2023-10-06",
        "close": 2089.07373,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2121.263102,
        "fair_value": 2862.772984,
        "relative_strength": -11.711544,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.0,
        "energy": 60.4,
        "activity_lines": [
          2088.580859,
          2088.267214,
          2087.982495,
          2097.333005
        ]
      },
      {
        "date": "2023-10-13",
        "close": 2089.07373,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2111.412769,
        "fair_value": 2857.604547,
        "relative_strength": -10.306066,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.0,
        "energy": 60.4,
        "activity_lines": [
          2088.827295,
          2088.44644,
          2088.117407,
          2095.256272
        ]
      },
      {
        "date": "2023-10-20",
        "close": 2089.07373,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2109.494531,
        "fair_value": 2852.43611,
        "relative_strength": -7.451781,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.0,
        "energy": 60.4,
        "activity_lines": [
          2088.991585,
          2088.603262,
          2088.240592,
          2093.815043
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2089.07373,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2107.536279,
        "fair_value": 2847.267674,
        "relative_strength": -8.039595,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -44.0,
        "energy": 60.4,
        "activity_lines": [
          2089.07373,
          2088.737682,
          2088.352051,
          2092.497572
        ]
      },
      {
        "date": "2023-11-03",
        "close": 2089.07373,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2105.578027,
        "fair_value": 2842.099237,
        "relative_strength": -11.465742,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -44.0,
        "energy": 60.4,
        "activity_lines": [
          2089.07373,
          2088.849698,
          2088.451782,
          2091.30644
        ]
      },
      {
        "date": "2023-11-10",
        "close": 2089.07373,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2103.619775,
        "fair_value": 2836.9308,
        "relative_strength": -10.787421,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -43.999434,
        "energy": 60.399802,
        "activity_lines": [
          2089.07373,
          2088.939311,
          2088.539787,
          2090.241647
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1767.960327,
        "volume": 35,
        "typical_volume": 1.75,
        "trend": 2087.679936,
        "fair_value": 2829.703944,
        "relative_strength": -25.7498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.179861,
        "energy": 77.420231,
        "activity_lines": [
          1982.035929,
          2030.622265,
          2058.033835,
          2068.586198
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1767.960327,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 2071.740096,
        "fair_value": 2822.477088,
        "relative_strength": -25.294737,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.654625,
        "energy": 78.127372,
        "activity_lines": [
          1896.405688,
          1978.121242,
          2029.051128,
          2047.959127
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1767.960327,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 2055.800256,
        "fair_value": 2815.250232,
        "relative_strength": -25.780517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.209933,
        "energy": 78.323443,
        "activity_lines": [
          1832.183008,
          1931.436241,
          2001.591665,
          2028.360432
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1767.960327,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 2045.232137,
        "fair_value": 2808.023377,
        "relative_strength": -25.551007,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.8306,
        "energy": 75.040709,
        "activity_lines": [
          1789.367887,
          1890.567263,
          1975.655445,
          2009.790114
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1767.960327,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 2034.610445,
        "fair_value": 2800.796521,
        "relative_strength": -28.156992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.333319,
        "energy": 88.566635,
        "activity_lines": [
          1767.960327,
          1855.53671,
          1951.24247,
          1991.90161
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1767.960327,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 2023.988753,
        "fair_value": 2793.569665,
        "relative_strength": -27.437292,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.333076,
        "energy": 88.564019,
        "activity_lines": [
          1767.960327,
          1826.344582,
          1928.352738,
          1974.698377
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1769.222656,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 2013.409139,
        "fair_value": 2786.343997,
        "relative_strength": -26.413064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.996998,
        "energy": 68.092703,
        "activity_lines": [
          1768.381103,
          1803.220394,
          1907.106472,
          1958.261854
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1769.222656,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 2002.829525,
        "fair_value": 2779.11833,
        "relative_strength": -23.894482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.646447,
        "energy": 67.584153,
        "activity_lines": [
          1768.717724,
          1785.911681,
          1887.377439,
          1942.507888
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1769.222656,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 1992.24991,
        "fair_value": 2771.892663,
        "relative_strength": -22.188669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.254246,
        "energy": 66.974291,
        "activity_lines": [
          1768.97019,
          1774.418441,
          1869.165639,
          1927.436477
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1769.222656,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 1981.670296,
        "fair_value": 2764.666995,
        "relative_strength": -21.060915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.820418,
        "energy": 63.113299,
        "activity_lines": [
          1769.138501,
          1768.740676,
          1852.471072,
          1913.047622
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1769.222656,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 1971.049666,
        "fair_value": 2757.441328,
        "relative_strength": -22.103584,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -52.603782,
        "energy": 62.587217,
        "activity_lines": [
          1769.222656,
          1768.878384,
          1837.293738,
          1899.341322
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1769.222656,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 1960.429036,
        "fair_value": 2750.215661,
        "relative_strength": -22.975994,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -52.248998,
        "energy": 61.728259,
        "activity_lines": [
          1769.222656,
          1768.993142,
          1823.633636,
          1886.320225
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1769.222656,
        "volume": 0,
        "typical_volume": 1.75,
        "trend": 1949.808406,
        "fair_value": 2742.989993,
        "relative_strength": -20.718913,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -51.771859,
        "energy": 60.582868,
        "activity_lines": [
          1769.222656,
          1769.084947,
          1811.490767,
          1873.984329
        ]
      },
      {
        "date": "2024-02-16",
        "close": 2022.777954,
        "volume": 29,
        "typical_volume": 3.2,
        "trend": 1947.63962,
        "fair_value": 2737.389681,
        "relative_strength": -8.08484,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": 2.373436,
        "energy": 40.886888,
        "activity_lines": [
          1853.741089,
          1815.254765,
          1825.013255,
          1878.692042
        ]
      },
      {
        "date": "2024-02-23",
        "close": 2022.777954,
        "volume": 0,
        "typical_volume": 3.2,
        "trend": 1945.470833,
        "fair_value": 2731.789368,
        "relative_strength": -6.285861,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 40.020896,
        "energy": 58.970006,
        "activity_lines": [
          1921.355835,
          1856.791535,
          1838.851437,
          1883.539677
        ]
      },
      {
        "date": "2024-03-01",
        "close": 2022.777954,
        "volume": 0,
        "typical_volume": 3.2,
        "trend": 1943.302047,
        "fair_value": 2726.189055,
        "relative_strength": -3.862085,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 59.199894,
        "energy": 85.617347,
        "activity_lines": [
          1972.066894,
          1893.695257,
          1853.005313,
          1888.527233
        ]
      },
      {
        "date": "2024-03-08",
        "close": 2022.777954,
        "volume": 0,
        "typical_volume": 3.2,
        "trend": 1941.13326,
        "fair_value": 2720.588742,
        "relative_strength": -2.231385,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 49.81514,
        "energy": 82.435146,
        "activity_lines": [
          2005.874267,
          1925.965931,
          1867.474883,
          1893.654711
        ]
      },
      {
        "date": "2024-03-15",
        "close": 2022.777954,
        "volume": 0,
        "typical_volume": 3.2,
        "trend": 1938.964473,
        "fair_value": 2714.988429,
        "relative_strength": -3.990859,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.333173,
        "energy": 75.966376,
        "activity_lines": [
          2022.777954,
          1953.626509,
          1882.260147,
          1898.92211
        ]
      },
      {
        "date": "2024-03-22",
        "close": 2022.777954,
        "volume": 0,
        "typical_volume": 3.2,
        "trend": 1936.795687,
        "fair_value": 2709.388116,
        "relative_strength": -4.396244,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.331643,
        "energy": 75.960259,
        "activity_lines": [
          2022.777954,
          1976.676991,
          1897.361106,
          1904.329432
        ]
      },
      {
        "date": "2024-03-29",
        "close": 2024.041138,
        "volume": 0,
        "typical_volume": 3.2,
        "trend": 1934.669006,
        "fair_value": 2703.788991,
        "relative_strength": -5.379087,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.393142,
        "energy": 59.458966,
        "activity_lines": [
          2023.199015,
          1995.347046,
          1912.898062,
          1909.95817
        ]
      },
      {
        "date": "2024-04-05",
        "close": 2024.041138,
        "volume": 0,
        "typical_volume": 1.45,
        "trend": 1932.542326,
        "fair_value": 2698.189866,
        "relative_strength": -6.30101,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 40.910724,
        "energy": 59.179442,
        "activity_lines": [
          2023.535864,
          2009.384038,
          1928.744697,
          1915.724114
        ]
      },
      {
        "date": "2024-04-12",
        "close": 2027.9198,
        "volume": 25,
        "typical_volume": 2.7,
        "trend": 1930.544934,
        "fair_value": 2692.615605,
        "relative_strength": -3.408766,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.685072,
        "energy": 59.878793,
        "activity_lines": [
          2025.081389,
          2019.493177,
          1943.741296,
          1921.8775
        ]
      },
      {
        "date": "2024-04-19",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1928.547542,
        "fair_value": 2687.041343,
        "relative_strength": -1.930954,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": 42.050999,
        "energy": 59.022865,
        "activity_lines": [
          2026.284123,
          2024.898733,
          1957.499992,
          1928.159749
        ]
      },
      {
        "date": "2024-04-26",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1926.509078,
        "fair_value": 2681.467081,
        "relative_strength": -4.992594,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.026276,
        "energy": 67.881636,
        "activity_lines": [
          2027.144068,
          2025.600704,
          1970.020787,
          1934.570863
        ]
      },
      {
        "date": "2024-05-03",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1924.470613,
        "fair_value": 2675.892819,
        "relative_strength": -3.55997,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.292151,
        "energy": 67.109548,
        "activity_lines": [
          2027.661223,
          2026.209187,
          1981.303679,
          1941.11349
        ]
      },
      {
        "date": "2024-05-10",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1922.432149,
        "fair_value": 2670.318557,
        "relative_strength": -4.39335,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.033733,
        "energy": 65.085248,
        "activity_lines": [
          2027.9198,
          2026.724181,
          1991.348669,
          1947.787631
        ]
      },
      {
        "date": "2024-05-17",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1920.393685,
        "fair_value": 2664.744296,
        "relative_strength": -4.007877,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.333333,
        "energy": 88.566667,
        "activity_lines": [
          2027.9198,
          2027.145688,
          2000.155757,
          1954.593286
        ]
      },
      {
        "date": "2024-05-24",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1918.35522,
        "fair_value": 2659.170034,
        "relative_strength": -0.142796,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.0,
        "energy": 88.1,
        "activity_lines": [
          2027.9198,
          2027.473706,
          2007.730953,
          1961.530455
        ]
      },
      {
        "date": "2024-05-31",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1916.316756,
        "fair_value": 2653.595772,
        "relative_strength": 0.409355,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.666667,
        "energy": 87.633333,
        "activity_lines": [
          2027.9198,
          2027.708237,
          2014.074258,
          1968.599137
        ]
      },
      {
        "date": "2024-06-07",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1914.278292,
        "fair_value": 2648.02151,
        "relative_strength": 4.58265,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.333333,
        "energy": 87.166667,
        "activity_lines": [
          2027.9198,
          2027.849279,
          2019.185673,
          1975.799334
        ]
      },
      {
        "date": "2024-06-14",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1922.943608,
        "fair_value": 2642.447248,
        "relative_strength": 6.049663,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.5,
        "energy": 65.125,
        "activity_lines": [
          2027.9198,
          2027.9198,
          2023.065196,
          1983.131044
        ]
      },
      {
        "date": "2024-06-21",
        "close": 2027.9198,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1931.608923,
        "fair_value": 2636.872987,
        "relative_strength": 4.952161,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.5,
        "energy": 65.125,
        "activity_lines": [
          2027.9198,
          2027.9198,
          2025.712827,
          1989.903701
        ]
      },
      {
        "date": "2024-06-28",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 2.7,
        "trend": 1940.317367,
        "fair_value": 2631.299915,
        "relative_strength": 5.734236,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 91.757692,
        "energy": 77.115192,
        "activity_lines": [
          2028.351074,
          2028.155041,
          2027.251789,
          1996.200779
        ]
      },
      {
        "date": "2024-07-05",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 1.25,
        "trend": 1949.02581,
        "fair_value": 2625.726843,
        "relative_strength": 5.947767,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.506128,
        "energy": 75.977145,
        "activity_lines": [
          2028.696094,
          2028.366757,
          2027.552699,
          2001.936021
        ]
      },
      {
        "date": "2024-07-12",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 1.25,
        "trend": 1957.734253,
        "fair_value": 2620.153772,
        "relative_strength": 0.997545,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.222776,
        "energy": 98.327972,
        "activity_lines": [
          2028.954858,
          2028.554949,
          2027.822963,
          2007.109428
        ]
      },
      {
        "date": "2024-07-19",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 1.25,
        "trend": 1966.442696,
        "fair_value": 2614.5807,
        "relative_strength": 3.45422,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.881851,
        "energy": 95.058648,
        "activity_lines": [
          2029.127368,
          2028.719618,
          2028.06258,
          2011.721001
        ]
      },
      {
        "date": "2024-07-26",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 1.25,
        "trend": 1975.109062,
        "fair_value": 2609.007629,
        "relative_strength": 5.113379,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.333333,
        "energy": 88.566667,
        "activity_lines": [
          2029.213623,
          2028.860762,
          2028.271552,
          2015.770738
        ]
      },
      {
        "date": "2024-08-02",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 1.25,
        "trend": 1983.775427,
        "fair_value": 2603.434557,
        "relative_strength": 6.265082,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.333333,
        "energy": 88.566667,
        "activity_lines": [
          2029.213623,
          2028.978382,
          2028.449877,
          2019.261355
        ]
      },
      {
        "date": "2024-08-09",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 1.25,
        "trend": 1992.441793,
        "fair_value": 2597.861485,
        "relative_strength": 4.697403,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.0,
        "energy": 68.1,
        "activity_lines": [
          2029.213623,
          2029.072479,
          2028.597557,
          2022.192851
        ]
      },
      {
        "date": "2024-08-16",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 1.25,
        "trend": 2001.108158,
        "fair_value": 2592.288414,
        "relative_strength": 2.792729,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.666667,
        "energy": 67.633333,
        "activity_lines": [
          2029.213623,
          2029.143051,
          2028.71459,
          2024.565227
        ]
      },
      {
        "date": "2024-08-23",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 1.25,
        "trend": 2009.774524,
        "fair_value": 2586.715342,
        "relative_strength": 4.004114,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.333333,
        "energy": 67.166667,
        "activity_lines": [
          2029.213623,
          2029.190099,
          2028.806993,
          2026.378483
        ]
      },
      {
        "date": "2024-08-30",
        "close": 2029.213623,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2018.44089,
        "fair_value": 2581.142271,
        "relative_strength": 5.190968,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.5,
        "energy": 65.125,
        "activity_lines": [
          2029.213623,
          2029.213623,
          2028.874765,
          2027.632619
        ]
      },
      {
        "date": "2024-09-06",
        "close": 2338.720947,
        "volume": 58,
        "typical_volume": 2.9,
        "trend": 2037.424166,
        "fair_value": 2577.55322,
        "relative_strength": 25.181172,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 93.191058,
        "energy": 77.438742,
        "activity_lines": [
          2132.382731,
          2085.487682,
          2058.413263,
          2048.295848
        ]
      },
      {
        "date": "2024-09-13",
        "close": 2338.720947,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2047.955599,
        "fair_value": 2573.96417,
        "relative_strength": 22.657344,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.654662,
        "energy": 78.127433,
        "activity_lines": [
          2214.918017,
          2136.134335,
          2086.471756,
          2067.73435
        ]
      },
      {
        "date": "2024-09-20",
        "close": 2338.720947,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2058.487032,
        "fair_value": 2570.37512,
        "relative_strength": 21.967105,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.208784,
        "energy": 78.323041,
        "activity_lines": [
          2276.819482,
          2181.153582,
          2113.050244,
          2086.493405
        ]
      },
      {
        "date": "2024-09-27",
        "close": 2338.720947,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2069.018465,
        "fair_value": 2566.778964,
        "relative_strength": 20.404203,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.881848,
        "energy": 75.058646,
        "activity_lines": [
          2318.087125,
          2220.545423,
          2138.148726,
          2104.573012
        ]
      },
      {
        "date": "2024-10-04",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2079.593054,
        "fair_value": 2563.191108,
        "relative_strength": 20.703827,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.568928,
        "energy": 89.349099,
        "activity_lines": [
          2339.152506,
          2254.545255,
          2161.890506,
          2122.0567
        ]
      },
      {
        "date": "2024-10-11",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2090.167643,
        "fair_value": 2559.603252,
        "relative_strength": 21.048594,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.541226,
        "energy": 89.686992,
        "activity_lines": [
          2339.497754,
          2282.89414,
          2184.146115,
          2138.858156
        ]
      },
      {
        "date": "2024-10-18",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2100.742232,
        "fair_value": 2556.015396,
        "relative_strength": 19.553171,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.268048,
        "energy": 69.588179,
        "activity_lines": [
          2339.756689,
          2305.592081,
          2204.915553,
          2154.977381
        ]
      },
      {
        "date": "2024-10-25",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2111.274715,
        "fair_value": 2552.42754,
        "relative_strength": 22.261861,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.072531,
        "energy": 69.488481,
        "activity_lines": [
          2339.929313,
          2322.639076,
          2224.19882,
          2170.414374
        ]
      },
      {
        "date": "2024-11-01",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2121.807198,
        "fair_value": 2548.839683,
        "relative_strength": 24.712817,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.597351,
        "energy": 68.864726,
        "activity_lines": [
          2340.015625,
          2334.035125,
          2241.995918,
          2185.171852
        ]
      },
      {
        "date": "2024-11-08",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2132.210392,
        "fair_value": 2545.251827,
        "relative_strength": 21.495409,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.175456,
        "energy": 68.18274,
        "activity_lines": [
          2340.015625,
          2339.780229,
          2258.306844,
          2199.249815
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2142.613586,
        "fair_value": 2541.663971,
        "relative_strength": 23.985276,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.642813,
        "energy": 67.232005,
        "activity_lines": [
          2340.015625,
          2339.874387,
          2273.1316,
          2212.656604
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2153.016781,
        "fair_value": 2538.076115,
        "relative_strength": 23.257781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.974303,
        "energy": 65.953531,
        "activity_lines": [
          2340.015625,
          2339.945006,
          2286.476346,
          2225.392219
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2163.419975,
        "fair_value": 2534.488259,
        "relative_strength": 23.888261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.181265,
        "energy": 64.382047,
        "activity_lines": [
          2340.015625,
          2339.992085,
          2298.341083,
          2237.456661
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2173.823169,
        "fair_value": 2530.900402,
        "relative_strength": 19.39075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.5,
        "energy": 85.125,
        "activity_lines": [
          2340.015625,
          2340.015625,
          2308.72581,
          2248.849929
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2184.226363,
        "fair_value": 2527.312546,
        "relative_strength": 17.909491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.5,
        "energy": 85.125,
        "activity_lines": [
          2340.015625,
          2340.015625,
          2317.630528,
          2259.572023
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2194.629557,
        "fair_value": 2523.72469,
        "relative_strength": 21.749667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.5,
        "energy": 85.125,
        "activity_lines": [
          2340.015625,
          2340.015625,
          2325.055236,
          2269.622943
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2340.015625,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2205.032751,
        "fair_value": 2520.129536,
        "relative_strength": 21.476772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.5,
        "energy": 85.125,
        "activity_lines": [
          2340.015625,
          2340.015625,
          2330.999935,
          2279.002689
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2341.330811,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2215.479785,
        "fair_value": 2516.542813,
        "relative_strength": 21.396577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.333301,
        "energy": 77.666655,
        "activity_lines": [
          2340.45402,
          2340.25475,
          2335.58988,
          2287.796112
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2341.330811,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2225.926819,
        "fair_value": 2512.95609,
        "relative_strength": 18.93779,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.656335,
        "energy": 78.129717,
        "activity_lines": [
          2340.804737,
          2340.469962,
          2338.693552,
          2295.915533
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2341.330811,
        "volume": 0,
        "typical_volume": 2.9,
        "trend": 2236.373853,
        "fair_value": 2509.369367,
        "relative_strength": 17.267138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.222776,
        "energy": 78.327972,
        "activity_lines": [
          2341.067774,
          2340.661262,
          2340.310953,
          2303.360952
        ]
      },
      {
        "date": "2025-01-24",
        "close": 2341.330811,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2246.777759,
        "fair_value": 2505.782644,
        "relative_strength": 13.244644,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.881851,
        "energy": 75.058648,
        "activity_lines": [
          2341.243132,
          2340.828649,
          2340.442081,
          2310.132369
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2341.330811,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2257.181665,
        "fair_value": 2502.195921,
        "relative_strength": 12.74549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.333333,
        "energy": 68.566667,
        "activity_lines": [
          2341.330811,
          2340.972124,
          2340.560781,
          2316.232566
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2341.330811,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2267.585571,
        "fair_value": 2498.609197,
        "relative_strength": 8.618893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.333333,
        "energy": 68.566667,
        "activity_lines": [
          2341.330811,
          2341.091686,
          2340.667053,
          2321.661543
        ]
      },
      {
        "date": "2025-02-14",
        "close": 2341.330811,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2277.989478,
        "fair_value": 2489.811994,
        "relative_strength": 5.694749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.0,
        "energy": 68.1,
        "activity_lines": [
          2341.330811,
          2341.187336,
          2340.760897,
          2326.4193
        ]
      },
      {
        "date": "2025-02-21",
        "close": 2341.330811,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2288.393384,
        "fair_value": 2481.01479,
        "relative_strength": 5.970429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.666667,
        "energy": 67.633333,
        "activity_lines": [
          2341.330811,
          2341.259074,
          2340.842313,
          2330.505838
        ]
      },
      {
        "date": "2025-02-28",
        "close": 2341.330811,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 2298.79729,
        "fair_value": 2472.217587,
        "relative_strength": 8.41006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.333333,
        "energy": 67.166667,
        "activity_lines": [
          2341.330811,
          2341.306899,
          2340.917467,
          2333.921156
        ]
      },
      {
        "date": "2025-03-07",
        "close": 2076.660645,
        "volume": 1238,
        "typical_volume": 61.9,
        "trend": 2300.378858,
        "fair_value": 2461.723779,
        "relative_strength": -4.889991,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -66.08539,
        "energy": 67.78891,
        "activity_lines": [
          2253.107422,
          2293.208963,
          2315.779675,
          2319.589759
        ]
      },
      {
        "date": "2025-03-14",
        "close": 2076.660645,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2301.960425,
        "fair_value": 2451.229972,
        "relative_strength": -4.405889,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -67.653913,
        "energy": 68.676046,
        "activity_lines": [
          2182.528711,
          2249.899299,
          2291.895955,
          2305.156326
        ]
      },
      {
        "date": "2025-03-21",
        "close": 2076.660645,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2303.541992,
        "fair_value": 2440.736165,
        "relative_strength": -4.910564,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -95.206125,
        "energy": 78.322095,
        "activity_lines": [
          2129.594678,
          2211.40182,
          2269.266305,
          2290.620857
        ]
      },
      {
        "date": "2025-03-28",
        "close": 2076.660645,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2305.12356,
        "fair_value": 2430.235057,
        "relative_strength": -5.970276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.815523,
        "energy": 75.035431,
        "activity_lines": [
          2094.305323,
          2177.716527,
          2247.890728,
          2275.98335
        ]
      },
      {
        "date": "2025-04-04",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2296.432097,
        "fair_value": 2419.742387,
        "relative_strength": -3.013919,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.333317,
        "energy": 88.566628,
        "activity_lines": [
          2077.099447,
          2149.082764,
          2227.894593,
          2261.328737
        ]
      },
      {
        "date": "2025-04-11",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2287.740633,
        "fair_value": 2409.249718,
        "relative_strength": -3.301795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.333039,
        "energy": 88.56453,
        "activity_lines": [
          2077.450489,
          2125.237252,
          2209.146262,
          2247.234863
        ]
      },
      {
        "date": "2025-04-18",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2279.04917,
        "fair_value": 2396.59286,
        "relative_strength": -6.198461,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.996751,
        "energy": 68.092104,
        "activity_lines": [
          2077.71377,
          2106.17999,
          2191.645733,
          2233.701729
        ]
      },
      {
        "date": "2025-04-25",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2270.357707,
        "fair_value": 2383.936003,
        "relative_strength": -12.383295,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.645328,
        "energy": 67.581432,
        "activity_lines": [
          2077.889291,
          2091.910978,
          2175.393006,
          2220.729334
        ]
      },
      {
        "date": "2025-05-02",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2261.623088,
        "fair_value": 2371.279146,
        "relative_strength": -11.028794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.25251,
        "energy": 66.970071,
        "activity_lines": [
          2077.977051,
          2082.430216,
          2160.388083,
          2208.317679
        ]
      },
      {
        "date": "2025-05-09",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2252.888469,
        "fair_value": 2358.622289,
        "relative_strength": -12.256678,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.821619,
        "energy": 63.116229,
        "activity_lines": [
          2077.977051,
          2077.737704,
          2146.630962,
          2196.469547
        ]
      },
      {
        "date": "2025-05-16",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2244.15385,
        "fair_value": 2351.15783,
        "relative_strength": -14.453776,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -52.60694,
        "energy": 62.59493,
        "activity_lines": [
          2077.977051,
          2077.833443,
          2134.121644,
          2185.18494
        ]
      },
      {
        "date": "2025-05-23",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2235.41923,
        "fair_value": 2343.693371,
        "relative_strength": -15.033806,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -52.253817,
        "energy": 61.740081,
        "activity_lines": [
          2077.977051,
          2077.905247,
          2122.860129,
          2174.463856
        ]
      },
      {
        "date": "2025-05-30",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2226.684611,
        "fair_value": 2336.228912,
        "relative_strength": -14.165874,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -51.776756,
        "energy": 60.595057,
        "activity_lines": [
          2077.977051,
          2077.953116,
          2112.852679,
          2164.306296
        ]
      },
      {
        "date": "2025-06-06",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2217.949992,
        "fair_value": 2330.059537,
        "relative_strength": -14.392761,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "down",
        "direction": -57.5,
        "energy": 85.125,
        "activity_lines": [
          2077.977051,
          2077.977051,
          2104.099295,
          2154.71226
        ]
      },
      {
        "date": "2025-06-13",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2209.215373,
        "fair_value": 2323.890161,
        "relative_strength": -13.358674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.5,
        "energy": 85.125,
        "activity_lines": [
          2077.977051,
          2077.977051,
          2096.599976,
          2145.681748
        ]
      },
      {
        "date": "2025-06-20",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2200.480754,
        "fair_value": 2317.720785,
        "relative_strength": -11.490548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.5,
        "energy": 85.125,
        "activity_lines": [
          2077.977051,
          2077.977051,
          2090.354723,
          2137.214759
        ]
      },
      {
        "date": "2025-06-27",
        "close": 2077.977051,
        "volume": 0,
        "typical_volume": 61.9,
        "trend": 2191.746135,
        "fair_value": 2311.543915,
        "relative_strength": -13.12869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.5,
        "energy": 85.125,
        "activity_lines": [
          2077.977051,
          2077.977051,
          2085.363535,
          2129.311294
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1361.688599,
        "volume": 11,
        "typical_volume": 62.45,
        "trend": 2159.135234,
        "fair_value": 2300.775452,
        "relative_strength": -43.248926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.261466,
        "energy": 77.530721,
        "activity_lines": [
          1839.214234,
          1947.742787,
          2013.408465,
          2075.759195
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1361.688599,
        "volume": 0,
        "typical_volume": 62.45,
        "trend": 2126.524333,
        "fair_value": 2290.006989,
        "relative_strength": -41.511298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.655637,
        "energy": 78.128417,
        "activity_lines": [
          1648.20398,
          1830.531949,
          1946.118358,
          2024.311025
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1361.688599,
        "volume": 0,
        "typical_volume": 62.45,
        "trend": 2093.913432,
        "fair_value": 2279.238526,
        "relative_strength": -40.801984,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.222759,
        "energy": 78.327944,
        "activity_lines": [
          1504.946289,
          1726.344538,
          1883.493214,
          1974.966784
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1361.688599,
        "volume": 0,
        "typical_volume": 0.55,
        "trend": 2061.302531,
        "fair_value": 2268.470062,
        "relative_strength": -41.48232,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.881849,
        "energy": 75.058646,
        "activity_lines": [
          1409.441162,
          1635.180553,
          1825.533033,
          1927.726472
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1498.356201,
        "volume": 13,
        "typical_volume": 1.2,
        "trend": 2033.203378,
        "fair_value": 2258.577674,
        "relative_strength": -34.74364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.333075,
        "energy": 88.566046,
        "activity_lines": [
          1407.244466,
          1581.88865,
          1783.993442,
          1891.407354
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1498.356201,
        "volume": 0,
        "typical_volume": 1.2,
        "trend": 2005.104224,
        "fair_value": 2248.685285,
        "relative_strength": -35.676984,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.326858,
        "energy": 68.551109,
        "activity_lines": [
          1443.68916,
          1539.135307,
          1745.207682,
          1856.901085
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1498.356201,
        "volume": 0,
        "typical_volume": 1.2,
        "trend": 1977.00507,
        "fair_value": 2238.792896,
        "relative_strength": -35.587811,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.902924,
        "energy": 67.864512,
        "activity_lines": [
          1471.022681,
          1506.920526,
          1709.175754,
          1824.207664
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1498.356201,
        "volume": 0,
        "typical_volume": 1.2,
        "trend": 1948.905917,
        "fair_value": 2228.900507,
        "relative_strength": -36.183263,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.870391,
        "energy": 62.548239,
        "activity_lines": [
          1489.245028,
          1485.244305,
          1675.897655,
          1793.327092
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1498.356201,
        "volume": 0,
        "typical_volume": 1.2,
        "trend": 1920.806763,
        "fair_value": 2219.008119,
        "relative_strength": -35.218579,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.804386,
        "energy": 60.304311,
        "activity_lines": [
          1498.356201,
          1474.106645,
          1645.379656,
          1764.259368
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1498.356201,
        "volume": 0,
        "typical_volume": 1.2,
        "trend": 1892.707609,
        "fair_value": 2209.11573,
        "relative_strength": -36.463902,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.102453,
        "energy": 58.95705,
        "activity_lines": [
          1498.356201,
          1473.507546,
          1617.621756,
          1737.004493
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1498.356201,
        "volume": 0,
        "typical_volume": 1.2,
        "trend": 1864.608456,
        "fair_value": 2199.223341,
        "relative_strength": -37.178349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.448238,
        "energy": 57.423907,
        "activity_lines": [
          1498.356201,
          1483.447008,
          1592.623956,
          1711.562467
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1585.145264,
        "volume": 2292,
        "typical_volume": 115.8,
        "trend": 1839.402271,
        "fair_value": 2189.887292,
        "relative_strength": -32.251041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.00153,
        "energy": 49.692018,
        "activity_lines": [
          1527.285889,
          1506.681434,
          1578.65188,
          1693.532584
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1594.871582,
        "volume": 235,
        "typical_volume": 127.55,
        "trend": 1814.520296,
        "fair_value": 2180.606093,
        "relative_strength": -32.409889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.397504,
        "energy": 39.111338,
        "activity_lines": [
          1553.671745,
          1527.621433,
          1567.952938,
          1677.75641
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1596.189453,
        "volume": 0,
        "typical_volume": 127.55,
        "trend": 1798.50459,
        "fair_value": 2171.33334,
        "relative_strength": -31.349083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.939224,
        "energy": 59.621586,
        "activity_lines": [
          1574.062533,
          1544.561355,
          1559.68001,
          1663.670549
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1596.189453,
        "volume": 0,
        "typical_volume": 127.55,
        "trend": 1782.488884,
        "fair_value": 2162.060588,
        "relative_strength": -29.079068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.152129,
        "energy": 67.412291,
        "activity_lines": [
          1587.931103,
          1557.237624,
          1553.701308,
          1650.61796
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1596.189453,
        "volume": 0,
        "typical_volume": 127.55,
        "trend": 1766.473177,
        "fair_value": 2152.787836,
        "relative_strength": -29.76436,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.280157,
        "energy": 63.24857,
        "activity_lines": [
          1595.277458,
          1568.135107,
          1550.016833,
          1638.598642
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1596.189453,
        "volume": 0,
        "typical_volume": 127.55,
        "trend": 1750.457471,
        "fair_value": 2143.515084,
        "relative_strength": -28.362714,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.101012,
        "energy": 54.318238,
        "activity_lines": [
          1596.101595,
          1577.253804,
          1548.626585,
          1627.612595
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1062.295898,
        "volume": 1617,
        "typical_volume": 208.4,
        "trend": 1716.601432,
        "fair_value": 2130.819938,
        "relative_strength": -52.827792,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.705011,
        "energy": 76.759746,
        "activity_lines": [
          1418.224935,
          1487.522159,
          1498.683558,
          1583.215074
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1003.390381,
        "volume": 727,
        "typical_volume": 244.75,
        "trend": 1680.781877,
        "fair_value": 2117.747192,
        "relative_strength": -55.166063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.606169,
        "energy": 78.091133,
        "activity_lines": [
          1256.218148,
          1395.008789,
          1447.967058,
          1537.201458
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1003.390381,
        "volume": 0,
        "typical_volume": 244.75,
        "trend": 1644.962321,
        "fair_value": 2104.674446,
        "relative_strength": -53.648592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.671755,
        "energy": 98.088994,
        "activity_lines": [
          1133.731299,
          1311.494798,
          1402.367639,
          1493.498781
        ]
      },
      {
        "date": "2025-11-21",
        "close": 898.558533,
        "volume": 548,
        "typical_volume": 271.6,
        "trend": 1605.64837,
        "fair_value": 2090.929701,
        "relative_strength": -57.437182,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.455991,
        "energy": 98.058175,
        "activity_lines": [
          1015.820439,
          1217.919849,
          1351.901313,
          1445.343698
        ]
      },
      {
        "date": "2025-11-28",
        "close": 898.558533,
        "volume": 0,
        "typical_volume": 271.6,
        "trend": 1566.33442,
        "fair_value": 2077.184955,
        "relative_strength": -57.806798,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.441538,
        "energy": 94.554036,
        "activity_lines": [
          944.418307,
          1135.250312,
          1303.640368,
          1399.724999
        ]
      },
      {
        "date": "2025-12-05",
        "close": 844.645081,
        "volume": 162,
        "typical_volume": 279.7,
        "trend": 1525.223354,
        "fair_value": 2063.094611,
        "relative_strength": -59.450805,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.571521,
        "energy": 94.871492,
        "activity_lines": [
          901.553752,
          1055.261724,
          1252.45019,
          1353.164396
        ]
      },
      {
        "date": "2025-12-12",
        "close": 844.645081,
        "volume": 6,
        "typical_volume": 280.0,
        "trend": 1484.112288,
        "fair_value": 2049.004267,
        "relative_strength": -59.522036,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.061025,
        "energy": 72.653169,
        "activity_lines": [
          873.199252,
          988.913619,
          1203.722124,
          1309.25612
        ]
      },
      {
        "date": "2025-12-19",
        "close": 844.645081,
        "volume": 0,
        "typical_volume": 279.35,
        "trend": 1443.001223,
        "fair_value": 2034.913923,
        "relative_strength": -58.203371,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.872211,
        "energy": 70.824015,
        "activity_lines": [
          855.427771,
          936.229956,
          1157.45617,
          1268.000172
        ]
      },
      {
        "date": "2025-12-26",
        "close": 844.645081,
        "volume": 0,
        "typical_volume": 279.35,
        "trend": 1401.890157,
        "fair_value": 2020.815888,
        "relative_strength": -58.389897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.274819,
        "energy": 69.85972,
        "activity_lines": [
          848.239311,
          897.210737,
          1114.303126,
          1229.396549
        ]
      },
      {
        "date": "2026-01-02",
        "close": 845.364502,
        "volume": 0,
        "typical_volume": 279.35,
        "trend": 1360.803072,
        "fair_value": 2006.722465,
        "relative_strength": -56.445511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.546588,
        "energy": 68.742359,
        "activity_lines": [
          844.884888,
          871.986765,
          1074.331509,
          1193.491668
        ]
      },
      {
        "date": "2026-01-09",
        "close": 971.079956,
        "volume": 60,
        "typical_volume": 282.35,
        "trend": 1323.906502,
        "fair_value": 1993.434911,
        "relative_strength": -50.398769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.293618,
        "energy": 62.913986,
        "activity_lines": [
          886.981885,
          883.27151,
          1049.442276,
          1168.348242
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1009.241272,
        "volume": 17,
        "typical_volume": 283.2,
        "trend": 1288.281976,
        "fair_value": 1980.39198,
        "relative_strength": -48.207137,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.740994,
        "energy": 54.790977,
        "activity_lines": [
          933.370329,
          903.153149,
          1030.698293,
          1148.047259
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1009.241272,
        "volume": 5,
        "typical_volume": 283.45,
        "trend": 1252.65745,
        "fair_value": 1967.349049,
        "relative_strength": -47.945662,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.672362,
        "energy": 41.051286,
        "activity_lines": [
          968.785693,
          922.928407,
          1014.283429,
          1130.044633
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1015.236755,
        "volume": 340,
        "typical_volume": 300.45,
        "trend": 1241.109056,
        "fair_value": 1954.344551,
        "relative_strength": -46.054298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.315742,
        "energy": 45.08171,
        "activity_lines": [
          995.226473,
          943.687374,
          1000.768683,
          1114.727169
        ]
      },
      {
        "date": "2026-02-06",
        "close": 957.779968,
        "volume": 595,
        "typical_volume": 215.6,
        "trend": 1227.645435,
        "fair_value": 1940.97174,
        "relative_strength": -50.358662,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.42653,
        "energy": 41.681535,
        "activity_lines": [
          991.142212,
          951.878229,
          984.08243,
          1096.447873
        ]
      },
      {
        "date": "2026-02-13",
        "close": 957.779968,
        "volume": 43,
        "typical_volume": 206.0,
        "trend": 1214.181814,
        "fair_value": 1927.598929,
        "relative_strength": -49.763461,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.06511,
        "energy": 42.9407,
        "activity_lines": [
          979.563586,
          958.992332,
          970.383631,
          1079.037197
        ]
      },
      {
        "date": "2026-02-20",
        "close": 957.779968,
        "volume": 0,
        "typical_volume": 206.0,
        "trend": 1200.718193,
        "fair_value": 1914.226118,
        "relative_strength": -48.616352,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.710317,
        "energy": 70.738255,
        "activity_lines": [
          968.871627,
          964.049436,
          959.718601,
          1062.495143
        ]
      },
      {
        "date": "2026-02-27",
        "close": 957.779968,
        "volume": 0,
        "typical_volume": 206.0,
        "trend": 1182.698985,
        "fair_value": 1903.936844,
        "relative_strength": -47.379073,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.63792,
        "energy": 59.824464,
        "activity_lines": [
          961.61042,
          967.049543,
          952.093617,
          1046.821709
        ]
      },
      {
        "date": "2026-03-06",
        "close": 957.779968,
        "volume": 0,
        "typical_volume": 206.0,
        "trend": 1164.679777,
        "fair_value": 1893.659326,
        "relative_strength": -43.103795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.300063,
        "energy": 78.940397,
        "activity_lines": [
          957.779968,
          967.992651,
          947.508678,
          1032.310805
        ]
      },
      {
        "date": "2026-03-13",
        "close": 957.779968,
        "volume": 0,
        "typical_volume": 206.0,
        "trend": 1146.660569,
        "fair_value": 1884.513148,
        "relative_strength": -40.518644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.757837,
        "energy": 77.997137,
        "activity_lines": [
          957.779968,
          966.878762,
          945.963784,
          1018.96243
        ]
      },
      {
        "date": "2026-03-20",
        "close": 957.779968,
        "volume": 0,
        "typical_volume": 125.15,
        "trend": 1128.641361,
        "fair_value": 1876.892373,
        "relative_strength": -37.922424,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.899343,
        "energy": 58.885974,
        "activity_lines": [
          957.779968,
          963.720955,
          947.458935,
          1006.776585
        ]
      },
      {
        "date": "2026-03-27",
        "close": 957.779968,
        "volume": 0,
        "typical_volume": 88.8,
        "trend": 1110.622154,
        "fair_value": 1869.263903,
        "relative_strength": -39.094818,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.308733,
        "energy": 55.480116,
        "activity_lines": [
          957.779968,
          960.804966,
          949.451781,
          995.753269
        ]
      },
      {
        "date": "2026-04-03",
        "close": 958.5,
        "volume": 0,
        "typical_volume": 88.8,
        "trend": 1092.626947,
        "fair_value": 1861.640049,
        "relative_strength": -40.391897,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.221179,
        "energy": 47.013487,
        "activity_lines": [
          958.019979,
          958.955552,
          951.730394,
          985.938937
        ]
      },
      {
        "date": "2026-04-10",
        "close": 958.5,
        "volume": 0,
        "typical_volume": 61.4,
        "trend": 1074.63174,
        "fair_value": 1854.016194,
        "relative_strength": -39.316778,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -38.653757,
        "energy": 54.705594,
        "activity_lines": [
          958.211987,
          958.028706,
          954.222771,
          977.285585
        ]
      },
      {
        "date": "2026-04-17",
        "close": 958.5,
        "volume": 0,
        "typical_volume": 61.4,
        "trend": 1053.743565,
        "fair_value": 1845.761992,
        "relative_strength": -37.794626,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -38.27786,
        "energy": 51.43362,
        "activity_lines": [
          958.355994,
          958.133438,
          956.429712,
          969.793215
        ]
      },
      {
        "date": "2026-04-24",
        "close": 958.5,
        "volume": 0,
        "typical_volume": 53.3,
        "trend": 1032.531179,
        "fair_value": 1837.50779,
        "relative_strength": -35.98832,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -42.464971,
        "energy": 40.831955,
        "activity_lines": [
          958.451998,
          958.225079,
          958.351217,
          963.648469
        ]
      },
      {
        "date": "2026-05-01",
        "close": 785.0,
        "volume": 110,
        "typical_volume": 58.5,
        "trend": 1005.49153,
        "fair_value": 1828.141409,
        "relative_strength": -45.265961,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.882633,
        "energy": 96.451484,
        "activity_lines": [
          900.666667,
          926.758173,
          943.206747,
          947.678715
        ]
      },
      {
        "date": "2026-05-08",
        "close": 790.0,
        "volume": 468,
        "typical_volume": 81.9,
        "trend": 978.618549,
        "fair_value": 1819.840102,
        "relative_strength": -45.224686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.397457,
        "energy": 97.984289,
        "activity_lines": [
          856.066667,
          899.341812,
          928.822492,
          933.776036
        ]
      },
      {
        "date": "2026-05-15",
        "close": 790.0,
        "volume": 0,
        "typical_volume": 81.9,
        "trend": 951.745567,
        "fair_value": 1811.528492,
        "relative_strength": -42.411715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.387852,
        "energy": 97.33276,
        "activity_lines": [
          822.7,
          874.975997,
          914.698451,
          921.607097
        ]
      },
      {
        "date": "2026-05-22",
        "close": 820.0,
        "volume": 20,
        "typical_volume": 82.9,
        "trend": 925.872585,
        "fair_value": 1803.40919,
        "relative_strength": -39.170491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.994887,
        "energy": 88.095813,
        "activity_lines": [
          810.566667,
          859.115271,
          903.691767,
          913.107383
        ]
      },
      {
        "date": "2026-05-29",
        "close": 862.0,
        "volume": 240,
        "typical_volume": 91.9,
        "trend": 919.196055,
        "fair_value": 1795.559119,
        "relative_strength": -34.807489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.902201,
        "energy": 86.887521,
        "activity_lines": [
          821.666667,
          853.395999,
          896.805867,
          908.986571
        ]
      },
      {
        "date": "2026-06-05",
        "close": 892.350359,
        "volume": 0,
        "typical_volume": 91.05,
        "trend": 915.494721,
        "fair_value": 1787.903602,
        "relative_strength": -28.423876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.999115,
        "energy": 62.806938,
        "activity_lines": [
          849.316786,
          854.936429,
          893.329906,
          907.254591
        ]
      },
      {
        "date": "2026-06-12",
        "close": 892.303997,
        "volume": 0,
        "typical_volume": 90.8,
        "trend": 911.791842,
        "fair_value": 1780.247787,
        "relative_strength": -28.659873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.0743,
        "energy": 34.121128,
        "activity_lines": [
          869.794761,
          857.658058,
          890.406153,
          905.758415
        ]
      },
      {
        "date": "2026-06-19",
        "close": 892.340941,
        "volume": 0,
        "typical_volume": 73.8,
        "trend": 911.584588,
        "fair_value": 1772.592209,
        "relative_strength": -26.572115,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.5059,
        "energy": 38.814095,
        "activity_lines": [
          883.464785,
          861.589968,
          888.042762,
          904.503518
        ]
      },
      {
        "date": "2026-06-26",
        "close": 887.015269,
        "volume": 0,
        "typical_volume": 44.05,
        "trend": 911.199813,
        "fair_value": 1764.894605,
        "relative_strength": -24.631644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.236075,
        "energy": 37.205814,
        "activity_lines": [
          888.536855,
          865.756466,
          885.757383,
          902.918401
        ]
      },
      {
        "date": "2026-07-03",
        "close": 910.0,
        "volume": 0,
        "typical_volume": 41.9,
        "trend": 913.37831,
        "fair_value": 1757.344339,
        "relative_strength": -21.634176,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.373747,
        "energy": 28.021425,
        "activity_lines": [
          896.802817,
          875.401729,
          885.998,
          902.840994
        ]
      },
      {
        "date": "2026-07-10",
        "close": 839.48999,
        "volume": 145,
        "typical_volume": 49.15,
        "trend": 913.206474,
        "fair_value": 1749.342085,
        "relative_strength": -26.154749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.680548,
        "energy": 26.134795,
        "activity_lines": [
          878.365442,
          873.108808,
          879.750902,
          898.074005
        ]
      },
      {
        "date": "2026-07-17",
        "close": 800.0,
        "volume": 5,
        "typical_volume": 49.4,
        "trend": 911.718305,
        "fair_value": 1741.08669,
        "relative_strength": -28.797855,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.600718,
        "energy": 48.34549,
        "activity_lines": [
          850.288763,
          862.645161,
          870.306139,
          890.770362
        ]
      },
      {
        "date": "2026-07-24",
        "close": 800.0,
        "volume": 0,
        "typical_volume": 49.4,
        "trend": 910.230135,
        "fair_value": 1732.831296,
        "relative_strength": -27.561781,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.415418,
        "energy": 63.292108,
        "activity_lines": [
          828.365683,
          851.999696,
          861.612708,
          883.562729
        ]
      },
      {
        "date": "2026-07-31",
        "close": 964.0,
        "volume": 50,
        "typical_volume": 51.9,
        "trend": 914.184652,
        "fair_value": 1725.627183,
        "relative_strength": -12.223415,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": -10.622797,
        "energy": 21.103442,
        "activity_lines": [
          867.265332,
          870.990595,
          869.289658,
          887.031753
        ]
      },
      {
        "date": "2026-08-07",
        "close": 964.0,
        "volume": 0,
        "typical_volume": 51.9,
        "trend": 913.948653,
        "fair_value": 1718.423071,
        "relative_strength": -11.036724,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 19.055756,
        "energy": 23.050375,
        "activity_lines": [
          901.032666,
          887.363313,
          876.936989,
          890.245646
        ]
      }
    ],
    "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."
    }
  }
}