{
  "ticker": {
    "uuid": "e634a4b3-3e42-462f-a98d-e9d6960b549c",
    "symbol": "CHW",
    "name": "Calamos Global Dynamic Income Fund",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 64.062,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 28.733,
    "architecture_energy": 18.862,
    "architecture_maturity": 57.14,
    "architecture_confidence": 78.249,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 47.72,
        "rotation_up": 22.11,
        "upward_expansion": 54.46,
        "deceleration": 90.58,
        "rotation_down": 32.99,
        "downward_expansion": 20.46
      },
      "activity_lines": [
        8.502,
        8.589865,
        8.575418,
        8.374721
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 8.53,
    "trend_reference": 8.139651,
    "distance_from_trend": 0.047956,
    "trend_direction": "Improving",
    "fair_value": 6.294746,
    "distance_from_fair_value": 0.355098,
    "fair_value_direction": "Weakening",
    "relative_strength": -2.572853,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.103323,
    "excess_performance": -0.08413,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.047956,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.067509,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.355098,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.103803,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.025729,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.039835,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.103323,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.722143,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1003799,
      "relative_activity": 0.904528,
      "balance": 0.722143,
      "dry_up": 1.177906,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.043953,
      "annualized_volatility": 0.238982,
      "from_high_reference": -0.064442,
      "from_low_reference": 0.286056
    },
    "levels": {
      "trend_reference": 8.139651,
      "fair_value_reference": 6.294746,
      "structural_low": 6.858689,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.01401,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.018396,
        "regime_survival": 0.4,
        "best_return": 0.116038,
        "worst_return": -0.072875,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.009918,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.037182,
        "regime_survival": 0.0,
        "best_return": 0.239669,
        "worst_return": -0.031069,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.07333,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.072062,
        "regime_survival": 0.0,
        "best_return": 0.262213,
        "worst_return": -0.138841,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.105388,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.06746,
        "regime_survival": 0.333333,
        "best_return": 0.292414,
        "worst_return": -0.24602,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-02-09",
        "end": "2024-08-09",
        "tenure": "Extended",
        "return": 0.144798,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.014368,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-30",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.007462,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2024-12-06",
        "tenure": "New",
        "return": 0.029915,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-13",
        "end": "2024-12-27",
        "tenure": "New",
        "return": -0.026149,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-03",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.018631,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.074356,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.053494,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-04",
        "end": "2025-11-14",
        "tenure": "Established",
        "return": 0.061114,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-21",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": 0.091914,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-16",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": -0.04517,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.12702,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.051369,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.001174,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 4.556413,
        "volume": 787010,
        "typical_volume": 638435.1,
        "trend": 4.551444,
        "fair_value": 5.473999,
        "relative_strength": -12.82086,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.448565,
        "energy": 24.62574,
        "activity_lines": [
          4.669202,
          4.679734,
          4.617088,
          4.575117
        ]
      },
      {
        "date": "2023-08-25",
        "close": 4.595424,
        "volume": 558862,
        "typical_volume": 640065.0,
        "trend": 4.548798,
        "fair_value": 5.47167,
        "relative_strength": -13.026426,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 32.467102,
        "energy": 19.044423,
        "activity_lines": [
          4.634413,
          4.666241,
          4.620291,
          4.577954
        ]
      },
      {
        "date": "2023-09-01",
        "close": 4.689049,
        "volume": 763527,
        "typical_volume": 639471.45,
        "trend": 4.547801,
        "fair_value": 5.470958,
        "relative_strength": -13.897189,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.944361,
        "energy": 19.330524,
        "activity_lines": [
          4.640693,
          4.671354,
          4.631699,
          4.587003
        ]
      },
      {
        "date": "2023-09-08",
        "close": 4.575919,
        "volume": 314009,
        "typical_volume": 627938.45,
        "trend": 4.542787,
        "fair_value": 5.469295,
        "relative_strength": -14.286448,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.469371,
        "energy": 18.117821,
        "activity_lines": [
          4.61701,
          4.652849,
          4.631352,
          4.588817
        ]
      },
      {
        "date": "2023-09-15",
        "close": 4.587555,
        "volume": 739662,
        "typical_volume": 633227.6,
        "trend": 4.540882,
        "fair_value": 5.467251,
        "relative_strength": -13.11504,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.886392,
        "energy": 14.520962,
        "activity_lines": [
          4.603724,
          4.637281,
          4.631565,
          4.591705
        ]
      },
      {
        "date": "2023-09-22",
        "close": 4.493128,
        "volume": 629158,
        "typical_volume": 639803.6,
        "trend": 4.540776,
        "fair_value": 5.466119,
        "relative_strength": -11.508733,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.9597,
        "energy": 10.229131,
        "activity_lines": [
          4.567809,
          4.604737,
          4.622197,
          4.588624
        ]
      },
      {
        "date": "2023-09-29",
        "close": 4.359357,
        "volume": 581246,
        "typical_volume": 642443.4,
        "trend": 4.533242,
        "fair_value": 5.463485,
        "relative_strength": -13.751098,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -37.010885,
        "energy": 42.363304,
        "activity_lines": [
          4.491523,
          4.552983,
          4.599791,
          4.57692
        ]
      },
      {
        "date": "2023-10-06",
        "close": 4.304275,
        "volume": 937908,
        "typical_volume": 652711.0,
        "trend": 4.531045,
        "fair_value": 5.457728,
        "relative_strength": -15.957085,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.121241,
        "energy": 60.673611,
        "activity_lines": [
          4.412614,
          4.498196,
          4.57226,
          4.562147
        ]
      },
      {
        "date": "2023-10-13",
        "close": 4.331494,
        "volume": 596722,
        "typical_volume": 654973.6,
        "trend": 4.533218,
        "fair_value": 5.453068,
        "relative_strength": -15.212555,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.052447,
        "energy": 69.044343,
        "activity_lines": [
          4.36843,
          4.457466,
          4.548031,
          4.549273
        ]
      },
      {
        "date": "2023-10-20",
        "close": 4.200478,
        "volume": 613675,
        "typical_volume": 661351.75,
        "trend": 4.528279,
        "fair_value": 5.447491,
        "relative_strength": -14.98998,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -83.290453,
        "energy": 86.431062,
        "activity_lines": [
          4.296869,
          4.399137,
          4.511523,
          4.527806
        ]
      },
      {
        "date": "2023-10-27",
        "close": 4.041669,
        "volume": 834369,
        "typical_volume": 662341.5,
        "trend": 4.513806,
        "fair_value": 5.443573,
        "relative_strength": -15.664535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.325738,
        "energy": 91.881442,
        "activity_lines": [
          4.198176,
          4.321385,
          4.461167,
          4.496412
        ]
      },
      {
        "date": "2023-11-03",
        "close": 4.367226,
        "volume": 605868,
        "typical_volume": 652185.25,
        "trend": 4.511182,
        "fair_value": 5.438568,
        "relative_strength": -14.016743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.943198,
        "energy": 71.333363,
        "activity_lines": [
          4.2381,
          4.312183,
          4.444356,
          4.486955
        ]
      },
      {
        "date": "2023-11-10",
        "close": 4.335465,
        "volume": 538927,
        "typical_volume": 658661.6,
        "trend": 4.506257,
        "fair_value": 5.432362,
        "relative_strength": -16.628142,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.985025,
        "energy": 50.764278,
        "activity_lines": [
          4.266912,
          4.301356,
          4.426022,
          4.475618
        ]
      },
      {
        "date": "2023-11-17",
        "close": 4.479263,
        "volume": 659472,
        "typical_volume": 665375.9,
        "trend": 4.50688,
        "fair_value": 5.426075,
        "relative_strength": -15.094697,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.088348,
        "energy": 31.628267,
        "activity_lines": [
          4.341578,
          4.323102,
          4.422269,
          4.473877
        ]
      },
      {
        "date": "2023-11-24",
        "close": 4.527341,
        "volume": 701189,
        "typical_volume": 673860.8,
        "trend": 4.50898,
        "fair_value": 5.419653,
        "relative_strength": -14.439761,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.071998,
        "energy": 23.578011,
        "activity_lines": [
          4.422418,
          4.355348,
          4.423769,
          4.475197
        ]
      },
      {
        "date": "2023-12-01",
        "close": 4.543367,
        "volume": 1057468,
        "typical_volume": 674496.55,
        "trend": 4.512746,
        "fair_value": 5.412124,
        "relative_strength": -13.686655,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -10.335003,
        "energy": 23.042929,
        "activity_lines": [
          4.48681,
          4.391602,
          4.427133,
          4.477416
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4.503302,
        "volume": 750956,
        "typical_volume": 677625.3,
        "trend": 4.516697,
        "fair_value": 5.404411,
        "relative_strength": -14.444967,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.08739,
        "energy": 26.157573,
        "activity_lines": [
          4.504399,
          4.419658,
          4.427781,
          4.476806
        ]
      },
      {
        "date": "2023-12-15",
        "close": 4.656767,
        "volume": 1452605,
        "typical_volume": 723211.9,
        "trend": 4.52348,
        "fair_value": 5.396555,
        "relative_strength": -13.907951,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 33.005801,
        "energy": 35.226088,
        "activity_lines": [
          4.564073,
          4.473,
          4.444188,
          4.485843
        ]
      },
      {
        "date": "2023-12-22",
        "close": 4.701233,
        "volume": 1133071,
        "typical_volume": 749188.75,
        "trend": 4.53441,
        "fair_value": 5.388946,
        "relative_strength": -13.394641,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.925956,
        "energy": 48.454778,
        "activity_lines": [
          4.617148,
          4.528017,
          4.465537,
          4.497311
        ]
      },
      {
        "date": "2023-12-29",
        "close": 4.704723,
        "volume": 798356,
        "typical_volume": 752703.0,
        "trend": 4.542284,
        "fair_value": 5.38171,
        "relative_strength": -13.108673,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.103203,
        "energy": 56.309626,
        "activity_lines": [
          4.656588,
          4.576946,
          4.487086,
          4.508299
        ]
      },
      {
        "date": "2024-01-05",
        "close": 4.663954,
        "volume": 716669,
        "typical_volume": 749185.95,
        "trend": 4.545246,
        "fair_value": 5.374018,
        "relative_strength": -10.559179,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.116097,
        "energy": 55.55601,
        "activity_lines": [
          4.670613,
          4.609295,
          4.504828,
          4.516149
        ]
      },
      {
        "date": "2024-01-12",
        "close": 4.753645,
        "volume": 654909,
        "typical_volume": 753988.3,
        "trend": 4.547616,
        "fair_value": 5.36647,
        "relative_strength": -11.106901,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.131851,
        "energy": 59.364929,
        "activity_lines": [
          4.706496,
          4.646637,
          4.530599,
          4.529594
        ]
      },
      {
        "date": "2024-01-19",
        "close": 4.72103,
        "volume": 592377,
        "typical_volume": 745430.8,
        "trend": 4.554272,
        "fair_value": 5.358127,
        "relative_strength": -13.522729,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.105227,
        "energy": 50.745439,
        "activity_lines": [
          4.714818,
          4.671023,
          4.55251,
          4.540782
        ]
      },
      {
        "date": "2024-01-26",
        "close": 4.810721,
        "volume": 814219,
        "typical_volume": 770441.3,
        "trend": 4.560592,
        "fair_value": 5.35161,
        "relative_strength": -11.833167,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 48.019179,
        "energy": 59.723351,
        "activity_lines": [
          4.748753,
          4.704707,
          4.582811,
          4.557327
        ]
      },
      {
        "date": "2024-02-02",
        "close": 4.884105,
        "volume": 1202424,
        "typical_volume": 793579.4,
        "trend": 4.570125,
        "fair_value": 5.344273,
        "relative_strength": -11.023771,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 82.220518,
        "energy": 85.419449,
        "activity_lines": [
          4.79985,
          4.745706,
          4.618983,
          4.578199
        ]
      },
      {
        "date": "2024-02-09",
        "close": 5.030873,
        "volume": 842310,
        "typical_volume": 804237.0,
        "trend": 4.578677,
        "fair_value": 5.336273,
        "relative_strength": -9.441502,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.52221,
        "energy": 93.245789,
        "activity_lines": [
          4.88791,
          4.806904,
          4.667721,
          4.607924
        ]
      },
      {
        "date": "2024-02-16",
        "close": 5.030873,
        "volume": 1251574,
        "typical_volume": 837753.4,
        "trend": 4.588262,
        "fair_value": 5.327919,
        "relative_strength": -7.540774,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.053801,
        "energy": 92.89344,
        "activity_lines": [
          4.95151,
          4.859238,
          4.713898,
          4.637098
        ]
      },
      {
        "date": "2024-02-23",
        "close": 5.096636,
        "volume": 964634,
        "typical_volume": 839089.7,
        "trend": 4.597975,
        "fair_value": 5.321523,
        "relative_strength": -7.120599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.980966,
        "energy": 93.349866,
        "activity_lines": [
          5.018548,
          4.913937,
          4.76314,
          4.669896
        ]
      },
      {
        "date": "2024-03-01",
        "close": 5.129518,
        "volume": 1005158,
        "typical_volume": 859511.5,
        "trend": 4.613169,
        "fair_value": 5.315376,
        "relative_strength": -7.824106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.136576,
        "energy": 91.490199,
        "activity_lines": [
          5.071507,
          4.966617,
          4.811741,
          4.70419
        ]
      },
      {
        "date": "2024-03-08",
        "close": 5.228162,
        "volume": 1149432,
        "typical_volume": 886299.35,
        "trend": 4.630099,
        "fair_value": 5.309034,
        "relative_strength": -4.148115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.386662,
        "energy": 90.141906,
        "activity_lines": [
          5.136094,
          5.029445,
          4.865937,
          4.743867
        ]
      },
      {
        "date": "2024-03-15",
        "close": 5.252185,
        "volume": 1106078,
        "typical_volume": 899884.8,
        "trend": 4.653291,
        "fair_value": 5.302647,
        "relative_strength": -2.278892,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.921832,
        "energy": 85.45546,
        "activity_lines": [
          5.185751,
          5.087124,
          4.917526,
          4.784001
        ]
      },
      {
        "date": "2024-03-22",
        "close": 5.393017,
        "volume": 814091,
        "typical_volume": 910295.95,
        "trend": 4.679878,
        "fair_value": 5.297917,
        "relative_strength": -2.284245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.169878,
        "energy": 83.902173,
        "activity_lines": [
          5.267599,
          5.159713,
          4.976764,
          4.831725
        ]
      },
      {
        "date": "2024-03-29",
        "close": 5.393017,
        "volume": 758610,
        "typical_volume": 921280.1,
        "trend": 4.703343,
        "fair_value": 5.29172,
        "relative_strength": -1.472509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.940207,
        "energy": 85.237712,
        "activity_lines": [
          5.325303,
          5.220678,
          5.031117,
          4.877734
        ]
      },
      {
        "date": "2024-04-05",
        "close": 5.409585,
        "volume": 1774748,
        "typical_volume": 977043.9,
        "trend": 4.731132,
        "fair_value": 5.283249,
        "relative_strength": -0.096487,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.723712,
        "energy": 84.824816,
        "activity_lines": [
          5.368772,
          5.272437,
          5.082012,
          4.923298
        ]
      },
      {
        "date": "2024-04-12",
        "close": 5.455339,
        "volume": 1613928,
        "typical_volume": 1022680.85,
        "trend": 4.760058,
        "fair_value": 5.275351,
        "relative_strength": 1.527284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.785768,
        "energy": 81.770464,
        "activity_lines": [
          5.40882,
          5.321626,
          5.132835,
          4.970021
        ]
      },
      {
        "date": "2024-04-19",
        "close": 5.125598,
        "volume": 1288181,
        "typical_volume": 1034216.5,
        "trend": 4.781141,
        "fair_value": 5.266853,
        "relative_strength": 1.113239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.664607,
        "energy": 61.914469,
        "activity_lines": [
          5.32381,
          5.300476,
          5.147834,
          4.993605
        ]
      },
      {
        "date": "2024-04-26",
        "close": 5.292556,
        "volume": 569786,
        "typical_volume": 1025158.0,
        "trend": 4.812247,
        "fair_value": 5.258271,
        "relative_strength": 0.708008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.444863,
        "energy": 48.684034,
        "activity_lines": [
          5.302892,
          5.307961,
          5.175962,
          5.026599
        ]
      },
      {
        "date": "2024-05-03",
        "close": 5.584731,
        "volume": 776464,
        "typical_volume": 991350.95,
        "trend": 4.854929,
        "fair_value": 5.251163,
        "relative_strength": 5.338522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.769689,
        "energy": 60.628938,
        "activity_lines": [
          5.386062,
          5.36381,
          5.228158,
          5.076437
        ]
      },
      {
        "date": "2024-05-10",
        "close": 5.542992,
        "volume": 609182,
        "typical_volume": 965156.5,
        "trend": 4.895312,
        "fair_value": 5.245542,
        "relative_strength": 3.1647,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.629547,
        "energy": 59.200092,
        "activity_lines": [
          5.442539,
          5.403195,
          5.271959,
          5.120828
        ]
      },
      {
        "date": "2024-05-17",
        "close": 5.593652,
        "volume": 590181,
        "typical_volume": 954747.75,
        "trend": 4.941751,
        "fair_value": 5.239563,
        "relative_strength": 2.023958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.903026,
        "energy": 66.410062,
        "activity_lines": [
          5.507009,
          5.444274,
          5.316577,
          5.165882
        ]
      },
      {
        "date": "2024-05-24",
        "close": 5.610475,
        "volume": 755800,
        "typical_volume": 956704.3,
        "trend": 4.994045,
        "fair_value": 5.23341,
        "relative_strength": 1.009246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.767968,
        "energy": 81.530601,
        "activity_lines": [
          5.567865,
          5.481767,
          5.358565,
          5.209026
        ]
      },
      {
        "date": "2024-05-31",
        "close": 5.602063,
        "volume": 454111,
        "typical_volume": 946664.4,
        "trend": 5.035206,
        "fair_value": 5.22664,
        "relative_strength": 2.519273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.613193,
        "energy": 76.551707,
        "activity_lines": [
          5.593592,
          5.511215,
          5.395243,
          5.248253
        ]
      },
      {
        "date": "2024-06-07",
        "close": 5.728236,
        "volume": 504693,
        "typical_volume": 942280.2,
        "trend": 5.081632,
        "fair_value": 5.219354,
        "relative_strength": 2.154747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.011924,
        "energy": 77.132704,
        "activity_lines": [
          5.640744,
          5.559803,
          5.439899,
          5.292964
        ]
      },
      {
        "date": "2024-06-14",
        "close": 5.829174,
        "volume": 519404,
        "typical_volume": 927539.45,
        "trend": 5.126629,
        "fair_value": 5.213725,
        "relative_strength": 0.537181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.857263,
        "energy": 79.784933,
        "activity_lines": [
          5.711974,
          5.620649,
          5.489371,
          5.341193
        ]
      },
      {
        "date": "2024-06-21",
        "close": 5.871537,
        "volume": 646319,
        "typical_volume": 899734.2,
        "trend": 5.171436,
        "fair_value": 5.207276,
        "relative_strength": 1.108763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.296228,
        "energy": 78.93916,
        "activity_lines": [
          5.778246,
          5.681568,
          5.538028,
          5.389251
        ]
      },
      {
        "date": "2024-06-28",
        "close": 5.812229,
        "volume": 802903,
        "typical_volume": 897763.85,
        "trend": 5.213731,
        "fair_value": 5.19984,
        "relative_strength": 0.223945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.037545,
        "energy": 69.751831,
        "activity_lines": [
          5.806223,
          5.724137,
          5.576334,
          5.430593
        ]
      },
      {
        "date": "2024-07-05",
        "close": 5.956264,
        "volume": 449356,
        "typical_volume": 857652.95,
        "trend": 5.262163,
        "fair_value": 5.194015,
        "relative_strength": -0.72136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.23271,
        "energy": 69.709483,
        "activity_lines": [
          5.868762,
          5.780409,
          5.624638,
          5.478498
        ]
      },
      {
        "date": "2024-07-12",
        "close": 6.053699,
        "volume": 558283,
        "typical_volume": 837335.4,
        "trend": 5.308727,
        "fair_value": 5.188538,
        "relative_strength": 1.24799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.802983,
        "energy": 70.119123,
        "activity_lines": [
          5.940166,
          5.84233,
          5.677814,
          5.529565
        ]
      },
      {
        "date": "2024-07-19",
        "close": 5.912915,
        "volume": 723630,
        "typical_volume": 823259.0,
        "trend": 5.349117,
        "fair_value": 5.181466,
        "relative_strength": 3.012546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.134731,
        "energy": 62.670989,
        "activity_lines": [
          5.942944,
          5.870127,
          5.713025,
          5.568545
        ]
      },
      {
        "date": "2024-07-26",
        "close": 5.742268,
        "volume": 785946,
        "typical_volume": 805084.7,
        "trend": 5.383702,
        "fair_value": 5.173055,
        "relative_strength": 2.725927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.687714,
        "energy": 54.217452,
        "activity_lines": [
          5.883257,
          5.860171,
          5.728253,
          5.593909
        ]
      },
      {
        "date": "2024-08-02",
        "close": 5.725204,
        "volume": 703389,
        "typical_volume": 784950.25,
        "trend": 5.419077,
        "fair_value": 5.165065,
        "relative_strength": 5.647815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.750684,
        "energy": 39.114601,
        "activity_lines": [
          5.8265,
          5.844411,
          5.739408,
          5.615942
        ]
      },
      {
        "date": "2024-08-09",
        "close": 5.759333,
        "volume": 697102,
        "typical_volume": 779100.8,
        "trend": 5.4526,
        "fair_value": 5.157538,
        "relative_strength": 5.918041,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.053145,
        "energy": 23.263218,
        "activity_lines": [
          5.786921,
          5.83277,
          5.751561,
          5.637894
        ]
      },
      {
        "date": "2024-08-16",
        "close": 5.982829,
        "volume": 625444,
        "typical_volume": 772442.5,
        "trend": 5.49466,
        "fair_value": 5.152795,
        "relative_strength": 4.361603,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.040309,
        "energy": 28.56052,
        "activity_lines": [
          5.834969,
          5.858905,
          5.783255,
          5.672102
        ]
      },
      {
        "date": "2024-08-23",
        "close": 6.06879,
        "volume": 655925,
        "typical_volume": 716501.35,
        "trend": 5.536595,
        "fair_value": 5.148276,
        "relative_strength": 4.776297,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.92031,
        "energy": 42.339489,
        "activity_lines": [
          5.916396,
          5.89604,
          5.820327,
          5.709143
        ]
      },
      {
        "date": "2024-08-30",
        "close": 6.060194,
        "volume": 499083,
        "typical_volume": 660759.1,
        "trend": 5.575798,
        "fair_value": 5.143906,
        "relative_strength": 5.410305,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.260743,
        "energy": 48.440051,
        "activity_lines": [
          5.984566,
          5.927256,
          5.853441,
          5.742923
        ]
      },
      {
        "date": "2024-09-06",
        "close": 5.793717,
        "volume": 1501539,
        "typical_volume": 671427.0,
        "trend": 5.601226,
        "fair_value": 5.138156,
        "relative_strength": 6.876693,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.215037,
        "energy": 40.977646,
        "activity_lines": [
          5.942715,
          5.906592,
          5.858296,
          5.756983
        ]
      },
      {
        "date": "2024-09-13",
        "close": 5.974233,
        "volume": 2421645,
        "typical_volume": 764019.95,
        "trend": 5.632672,
        "fair_value": 5.134304,
        "relative_strength": 4.009499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.008485,
        "energy": 39.114269,
        "activity_lines": [
          5.956468,
          5.919085,
          5.877162,
          5.781048
        ]
      },
      {
        "date": "2024-09-20",
        "close": 6.052158,
        "volume": 995467,
        "typical_volume": 774970.1,
        "trend": 5.664522,
        "fair_value": 5.132396,
        "relative_strength": 3.828241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.977676,
        "energy": 38.766292,
        "activity_lines": [
          5.98187,
          5.945419,
          5.900203,
          5.808111
        ]
      },
      {
        "date": "2024-09-27",
        "close": 6.19935,
        "volume": 1056068,
        "typical_volume": 797314.4,
        "trend": 5.700183,
        "fair_value": 5.132462,
        "relative_strength": 5.183082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.008044,
        "energy": 44.104814,
        "activity_lines": [
          6.051714,
          5.998544,
          5.935036,
          5.842616
        ]
      },
      {
        "date": "2024-10-04",
        "close": 6.208008,
        "volume": 831735,
        "typical_volume": 809392.1,
        "trend": 5.732845,
        "fair_value": 5.132171,
        "relative_strength": 5.063941,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.158189,
        "energy": 61.860297,
        "activity_lines": [
          6.11574,
          6.048035,
          5.967569,
          5.875379
        ]
      },
      {
        "date": "2024-10-11",
        "close": 6.311908,
        "volume": 1029021,
        "typical_volume": 823053.15,
        "trend": 5.768169,
        "fair_value": 5.131341,
        "relative_strength": 5.371747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.095565,
        "energy": 74.397315,
        "activity_lines": [
          6.204545,
          6.107949,
          6.007071,
          5.912738
        ]
      },
      {
        "date": "2024-10-18",
        "close": 6.277274,
        "volume": 554076,
        "typical_volume": 828051.4,
        "trend": 5.797644,
        "fair_value": 5.129127,
        "relative_strength": 4.431259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.319996,
        "energy": 75.455662,
        "activity_lines": [
          6.247259,
          6.150898,
          6.039935,
          5.945584
        ]
      },
      {
        "date": "2024-10-25",
        "close": 6.238041,
        "volume": 844362,
        "typical_volume": 845034.85,
        "trend": 5.825812,
        "fair_value": 5.125996,
        "relative_strength": 3.467995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.549555,
        "energy": 67.973077,
        "activity_lines": [
          6.256693,
          6.177297,
          6.065847,
          5.973996
        ]
      },
      {
        "date": "2024-11-01",
        "close": 6.02444,
        "volume": 791739,
        "typical_volume": 858651.6,
        "trend": 5.846307,
        "fair_value": 5.120831,
        "relative_strength": 1.478192,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.631365,
        "energy": 41.59136,
        "activity_lines": [
          6.182534,
          6.16022,
          6.068988,
          5.986811
        ]
      },
      {
        "date": "2024-11-08",
        "close": 6.233682,
        "volume": 660959,
        "typical_volume": 859383.6,
        "trend": 5.872252,
        "fair_value": 5.116883,
        "relative_strength": -0.544622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.761999,
        "energy": 38.03926,
        "activity_lines": [
          6.189783,
          6.181992,
          6.091127,
          6.011803
        ]
      },
      {
        "date": "2024-11-15",
        "close": 6.014971,
        "volume": 931399,
        "typical_volume": 865808.4,
        "trend": 5.901897,
        "fair_value": 5.111742,
        "relative_strength": -0.705942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 36.252717,
        "energy": 19.353538,
        "activity_lines": [
          6.122417,
          6.160845,
          6.090713,
          6.021011
        ]
      },
      {
        "date": "2024-11-22",
        "close": 6.164247,
        "volume": 1062454,
        "typical_volume": 896463.3,
        "trend": 5.930954,
        "fair_value": 5.109105,
        "relative_strength": -0.172925,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.205115,
        "energy": 19.565843,
        "activity_lines": [
          6.124606,
          6.162816,
          6.103549,
          6.037936
        ]
      },
      {
        "date": "2024-11-29",
        "close": 6.208152,
        "volume": 579153,
        "typical_volume": 897506.8,
        "trend": 5.951734,
        "fair_value": 5.10792,
        "relative_strength": -0.311302,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.195544,
        "energy": 23.423149,
        "activity_lines": [
          6.148964,
          6.169315,
          6.119577,
          6.05582
        ]
      },
      {
        "date": "2024-12-06",
        "close": 6.348648,
        "volume": 568854,
        "typical_volume": 889768.0,
        "trend": 5.97859,
        "fair_value": 5.106632,
        "relative_strength": -1.37386,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.069734,
        "energy": 36.507511,
        "activity_lines": [
          6.222148,
          6.198522,
          6.148249,
          6.081428
        ]
      },
      {
        "date": "2024-12-13",
        "close": 6.256448,
        "volume": 620120,
        "typical_volume": 881476.7,
        "trend": 6.000683,
        "fair_value": 5.105044,
        "relative_strength": -3.582366,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.909891,
        "energy": 41.891036,
        "activity_lines": [
          6.242984,
          6.208251,
          6.166066,
          6.099354
        ]
      },
      {
        "date": "2024-12-20",
        "close": 6.075165,
        "volume": 744638,
        "typical_volume": 883539.15,
        "trend": 6.016173,
        "fair_value": 5.102252,
        "relative_strength": -4.255331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.258554,
        "energy": 28.171028,
        "activity_lines": [
          6.201874,
          6.184139,
          6.164169,
          6.104159
        ]
      },
      {
        "date": "2024-12-27",
        "close": 6.092851,
        "volume": 477090,
        "typical_volume": 872538.55,
        "trend": 6.032532,
        "fair_value": 5.099026,
        "relative_strength": -4.860542,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.285113,
        "energy": 17.958544,
        "activity_lines": [
          6.162647,
          6.167548,
          6.16229,
          6.109106
        ]
      },
      {
        "date": "2025-01-03",
        "close": 6.057675,
        "volume": 841675,
        "typical_volume": 883350.1,
        "trend": 6.043513,
        "fair_value": 5.096126,
        "relative_strength": -4.662337,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.373809,
        "energy": 9.782957,
        "activity_lines": [
          6.116455,
          6.147913,
          6.155473,
          6.110728
        ]
      },
      {
        "date": "2025-01-10",
        "close": 6.004225,
        "volume": 659456,
        "typical_volume": 883526.65,
        "trend": 6.049348,
        "fair_value": 5.092162,
        "relative_strength": -3.406104,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.639254,
        "energy": 13.780631,
        "activity_lines": [
          6.062477,
          6.12184,
          6.143209,
          6.108194
        ]
      },
      {
        "date": "2025-01-17",
        "close": 6.0844,
        "volume": 839890,
        "typical_volume": 900567.0,
        "trend": 6.056444,
        "fair_value": 5.092062,
        "relative_strength": -4.903639,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.562618,
        "energy": 14.049877,
        "activity_lines": [
          6.058186,
          6.110711,
          6.138888,
          6.110455
        ]
      },
      {
        "date": "2025-01-24",
        "close": 6.164575,
        "volume": 608240,
        "typical_volume": 855902.05,
        "trend": 6.068189,
        "fair_value": 5.092519,
        "relative_strength": -5.118757,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.07462,
        "energy": 11.359662,
        "activity_lines": [
          6.09209,
          6.116874,
          6.142088,
          6.117431
        ]
      },
      {
        "date": "2025-01-31",
        "close": 6.120034,
        "volume": 948772,
        "typical_volume": 782258.4,
        "trend": 6.073648,
        "fair_value": 5.092011,
        "relative_strength": -4.520281,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.359213,
        "energy": 7.949612,
        "activity_lines": [
          6.105186,
          6.112219,
          6.139279,
          6.120776
        ]
      },
      {
        "date": "2025-02-07",
        "close": 6.218025,
        "volume": 898538,
        "typical_volume": 777411.95,
        "trend": 6.079125,
        "fair_value": 5.092811,
        "relative_strength": -3.155689,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.614269,
        "energy": 18.696941,
        "activity_lines": [
          6.149134,
          6.126184,
          6.145109,
          6.130091
        ]
      },
      {
        "date": "2025-02-14",
        "close": 6.298264,
        "volume": 562032,
        "typical_volume": 752710.15,
        "trend": 6.09197,
        "fair_value": 5.095663,
        "relative_strength": -4.674655,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.670136,
        "energy": 29.943102,
        "activity_lines": [
          6.209138,
          6.154559,
          6.157791,
          6.144229
        ]
      },
      {
        "date": "2025-02-21",
        "close": 6.253405,
        "volume": 564950,
        "typical_volume": 739370.9,
        "trend": 6.109008,
        "fair_value": 5.098355,
        "relative_strength": -3.204691,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.500611,
        "energy": 41.749683,
        "activity_lines": [
          6.234587,
          6.175693,
          6.165729,
          6.154644
        ]
      },
      {
        "date": "2025-02-28",
        "close": 6.047051,
        "volume": 901538,
        "typical_volume": 732996.75,
        "trend": 6.119736,
        "fair_value": 5.10058,
        "relative_strength": -3.148479,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.263491,
        "energy": 19.226947,
        "activity_lines": [
          6.179983,
          6.159364,
          6.153799,
          6.150647
        ]
      },
      {
        "date": "2025-03-07",
        "close": 6.109855,
        "volume": 1180922,
        "typical_volume": 764339.05,
        "trend": 6.13142,
        "fair_value": 5.104532,
        "relative_strength": 1.046452,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.941916,
        "energy": 8.150819,
        "activity_lines": [
          6.15415,
          6.154964,
          6.149111,
          6.150009
        ]
      },
      {
        "date": "2025-03-14",
        "close": 5.908649,
        "volume": 1208770,
        "typical_volume": 782559.45,
        "trend": 6.128948,
        "fair_value": 5.104695,
        "relative_strength": 0.167695,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.183874,
        "energy": 23.51671,
        "activity_lines": [
          6.061926,
          6.113673,
          6.126057,
          6.135637
        ]
      },
      {
        "date": "2025-03-21",
        "close": 5.944815,
        "volume": 1015866,
        "typical_volume": 793765.8,
        "trend": 6.124815,
        "fair_value": 5.105132,
        "relative_strength": 0.497969,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -59.28654,
        "energy": 48.287259,
        "activity_lines": [
          6.002383,
          6.081667,
          6.108017,
          6.123757
        ]
      },
      {
        "date": "2025-03-28",
        "close": 5.813713,
        "volume": 1306450,
        "typical_volume": 826040.35,
        "trend": 6.116599,
        "fair_value": 5.10391,
        "relative_strength": 0.601032,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.82484,
        "energy": 67.918712,
        "activity_lines": [
          5.922702,
          6.026904,
          6.07787,
          6.103686
        ]
      },
      {
        "date": "2025-04-04",
        "close": 5.171763,
        "volume": 2174433,
        "typical_volume": 888192.05,
        "trend": 6.095867,
        "fair_value": 5.100082,
        "relative_strength": -0.691892,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.684076,
        "energy": 89.103814,
        "activity_lines": [
          5.658351,
          5.860345,
          5.988585,
          6.042729
        ]
      },
      {
        "date": "2025-04-11",
        "close": 5.415885,
        "volume": 1871103,
        "typical_volume": 928624.5,
        "trend": 6.077256,
        "fair_value": 5.097862,
        "relative_strength": -3.174789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.943015,
        "energy": 83.279204,
        "activity_lines": [
          5.533726,
          5.756223,
          5.926565,
          5.998859
        ]
      },
      {
        "date": "2025-04-18",
        "close": 5.497944,
        "volume": 622003,
        "typical_volume": 930767.0,
        "trend": 6.058782,
        "fair_value": 5.09708,
        "relative_strength": 0.580816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.356799,
        "energy": 80.870479,
        "activity_lines": [
          5.482719,
          5.679823,
          5.875923,
          5.961484
        ]
      },
      {
        "date": "2025-04-25",
        "close": 5.798826,
        "volume": 557644,
        "typical_volume": 930206.5,
        "trend": 6.045431,
        "fair_value": 5.10014,
        "relative_strength": -0.290801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.967225,
        "energy": 67.57492,
        "activity_lines": [
          5.559387,
          5.671222,
          5.857319,
          5.944713
        ]
      },
      {
        "date": "2025-05-02",
        "close": 6.026767,
        "volume": 423328,
        "typical_volume": 920366.9,
        "trend": 6.03939,
        "fair_value": 5.104748,
        "relative_strength": 0.269275,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.970166,
        "energy": 26.883822,
        "activity_lines": [
          5.721767,
          5.713145,
          5.863042,
          5.943508
        ]
      },
      {
        "date": "2025-05-09",
        "close": 6.035885,
        "volume": 521995,
        "typical_volume": 909234.75,
        "trend": 6.030189,
        "fair_value": 5.111014,
        "relative_strength": 0.636647,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.961913,
        "energy": 19.067944,
        "activity_lines": [
          5.872983,
          5.760846,
          5.870726,
          5.943282
        ]
      },
      {
        "date": "2025-05-16",
        "close": 6.245997,
        "volume": 505955,
        "typical_volume": 910678.0,
        "trend": 6.029147,
        "fair_value": 5.118804,
        "relative_strength": -2.48442,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 17.573035,
        "energy": 27.684703,
        "activity_lines": [
          6.036628,
          5.846953,
          5.898609,
          5.957205
        ]
      },
      {
        "date": "2025-05-23",
        "close": 6.20007,
        "volume": 717598,
        "typical_volume": 904474.15,
        "trend": 6.027881,
        "fair_value": 5.125684,
        "relative_strength": -0.845741,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.328704,
        "energy": 32.719868,
        "activity_lines": [
          6.129624,
          5.922234,
          5.921388,
          5.968233
        ]
      },
      {
        "date": "2025-05-30",
        "close": 6.236811,
        "volume": 621332,
        "typical_volume": 902567.95,
        "trend": 6.03496,
        "fair_value": 5.132581,
        "relative_strength": -2.07936,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.797278,
        "energy": 38.017415,
        "activity_lines": [
          6.188058,
          5.998897,
          5.946989,
          5.981712
        ]
      },
      {
        "date": "2025-06-06",
        "close": 6.328664,
        "volume": 730402,
        "typical_volume": 897093.55,
        "trend": 6.038126,
        "fair_value": 5.141075,
        "relative_strength": -2.586967,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.736212,
        "energy": 49.630268,
        "activity_lines": [
          6.24791,
          6.086951,
          5.980229,
          6.000661
        ]
      },
      {
        "date": "2025-06-13",
        "close": 6.318947,
        "volume": 910724,
        "typical_volume": 912217.75,
        "trend": 6.048259,
        "fair_value": 5.152165,
        "relative_strength": -2.152246,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.697535,
        "energy": 48.962343,
        "activity_lines": [
          6.284397,
          6.163875,
          6.011381,
          6.018778
        ]
      },
      {
        "date": "2025-06-20",
        "close": 6.272689,
        "volume": 510556,
        "typical_volume": 890306.95,
        "trend": 6.051873,
        "fair_value": 5.161719,
        "relative_strength": -2.784224,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.728337,
        "energy": 44.861175,
        "activity_lines": [
          6.286594,
          6.211532,
          6.037393,
          6.033258
        ]
      },
      {
        "date": "2025-06-27",
        "close": 6.531738,
        "volume": 718402,
        "typical_volume": 881300.15,
        "trend": 6.062659,
        "fair_value": 5.17311,
        "relative_strength": -2.761174,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 75.268739,
        "energy": 63.666497,
        "activity_lines": [
          6.373362,
          6.29071,
          6.087349,
          6.064217
        ]
      },
      {
        "date": "2025-07-04",
        "close": 6.628881,
        "volume": 598800,
        "typical_volume": 883138.55,
        "trend": 6.072001,
        "fair_value": 5.184415,
        "relative_strength": -2.733924,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.944835,
        "energy": 78.976044,
        "activity_lines": [
          6.470399,
          6.368753,
          6.145063,
          6.100747
        ]
      },
      {
        "date": "2025-07-11",
        "close": 6.5965,
        "volume": 749694,
        "typical_volume": 892375.75,
        "trend": 6.083336,
        "fair_value": 5.196133,
        "relative_strength": -2.795287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.068195,
        "energy": 86.382549,
        "activity_lines": [
          6.530504,
          6.425818,
          6.198118,
          6.134586
        ]
      },
      {
        "date": "2025-07-18",
        "close": 6.624583,
        "volume": 854904,
        "typical_volume": 890044.05,
        "trend": 6.10165,
        "fair_value": 5.20709,
        "relative_strength": -3.502043,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.848611,
        "energy": 88.028958,
        "activity_lines": [
          6.582115,
          6.47763,
          6.252214,
          6.169505
        ]
      },
      {
        "date": "2025-07-25",
        "close": 6.73639,
        "volume": 744821,
        "typical_volume": 868239.0,
        "trend": 6.123101,
        "fair_value": 5.217064,
        "relative_strength": -2.670223,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.989783,
        "energy": 91.345143,
        "activity_lines": [
          6.650619,
          6.539067,
          6.314209,
          6.210456
        ]
      },
      {
        "date": "2025-08-01",
        "close": 6.605948,
        "volume": 782948,
        "typical_volume": 846947.9,
        "trend": 6.141377,
        "fair_value": 5.226023,
        "relative_strength": -2.26378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.265366,
        "energy": 85.522271,
        "activity_lines": [
          6.644729,
          6.56787,
          6.360796,
          6.241607
        ]
      },
      {
        "date": "2025-08-08",
        "close": 6.745707,
        "volume": 957431,
        "typical_volume": 844026.15,
        "trend": 6.166093,
        "fair_value": 5.234087,
        "relative_strength": -3.616848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.810352,
        "energy": 83.70047,
        "activity_lines": [
          6.680478,
          6.614705,
          6.417374,
          6.280596
        ]
      },
      {
        "date": "2025-08-15",
        "close": 6.82031,
        "volume": 771288,
        "typical_volume": 817268.05,
        "trend": 6.190623,
        "fair_value": 5.243758,
        "relative_strength": -2.891288,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.331511,
        "energy": 85.758283,
        "activity_lines": [
          6.733306,
          6.665852,
          6.477243,
          6.322804
        ]
      },
      {
        "date": "2025-08-22",
        "close": 6.773403,
        "volume": 739368,
        "typical_volume": 745514.8,
        "trend": 6.210917,
        "fair_value": 5.254438,
        "relative_strength": -2.519396,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.24759,
        "energy": 65.229812,
        "activity_lines": [
          6.755577,
          6.69953,
          6.527852,
          6.360403
        ]
      },
      {
        "date": "2025-08-29",
        "close": 6.857836,
        "volume": 1202198,
        "typical_volume": 712069.55,
        "trend": 6.235511,
        "fair_value": 5.266066,
        "relative_strength": -0.911448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.046506,
        "energy": 68.462279,
        "activity_lines": [
          6.796072,
          6.740298,
          6.578874,
          6.402139
        ]
      },
      {
        "date": "2025-09-05",
        "close": 6.801547,
        "volume": 718523,
        "typical_volume": 716895.55,
        "trend": 6.254961,
        "fair_value": 5.276113,
        "relative_strength": -2.508402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.141021,
        "energy": 63.996436,
        "activity_lines": [
          6.809708,
          6.760192,
          6.61767,
          6.438658
        ]
      },
      {
        "date": "2025-09-12",
        "close": 7.026702,
        "volume": 1155039,
        "typical_volume": 746765.3,
        "trend": 6.279243,
        "fair_value": 5.289795,
        "relative_strength": -0.997004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.892992,
        "energy": 70.945585,
        "activity_lines": [
          6.885355,
          6.816118,
          6.671701,
          6.488448
        ]
      },
      {
        "date": "2025-09-19",
        "close": 7.168113,
        "volume": 1000613,
        "typical_volume": 775629.55,
        "trend": 6.309733,
        "fair_value": 5.307027,
        "relative_strength": -1.039912,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.744838,
        "energy": 82.399885,
        "activity_lines": [
          6.989406,
          6.890521,
          6.733353,
          6.545794
        ]
      },
      {
        "date": "2025-09-26",
        "close": 7.064227,
        "volume": 962547,
        "typical_volume": 797657.15,
        "trend": 6.343639,
        "fair_value": 5.324642,
        "relative_strength": -1.885637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.961705,
        "energy": 80.586016,
        "activity_lines": [
          7.035642,
          6.935644,
          6.779676,
          6.594471
        ]
      },
      {
        "date": "2025-10-03",
        "close": 7.224778,
        "volume": 1126161,
        "typical_volume": 828667.45,
        "trend": 6.380803,
        "fair_value": 5.344972,
        "relative_strength": -0.724175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.970574,
        "energy": 88.67616,
        "activity_lines": [
          7.116006,
          7.001964,
          6.836392,
          6.651319
        ]
      },
      {
        "date": "2025-10-10",
        "close": 7.20589,
        "volume": 1528189,
        "typical_volume": 869197.0,
        "trend": 6.424044,
        "fair_value": 5.366512,
        "relative_strength": 1.417227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.354317,
        "energy": 78.585462,
        "activity_lines": [
          7.165611,
          7.05597,
          6.886649,
          6.70455
        ]
      },
      {
        "date": "2025-10-17",
        "close": 7.224104,
        "volume": 822864,
        "typical_volume": 879273.6,
        "trend": 6.466687,
        "fair_value": 5.387387,
        "relative_strength": -0.628798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.329874,
        "energy": 67.488914,
        "activity_lines": [
          7.194332,
          7.102379,
          6.933851,
          6.756167
        ]
      },
      {
        "date": "2025-10-24",
        "close": 7.186083,
        "volume": 862555,
        "typical_volume": 885881.25,
        "trend": 6.512433,
        "fair_value": 5.407282,
        "relative_strength": -3.104091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.301513,
        "energy": 63.350474,
        "activity_lines": [
          7.197219,
          7.133178,
          6.972731,
          6.80258
        ]
      },
      {
        "date": "2025-10-31",
        "close": 7.290642,
        "volume": 762352,
        "typical_volume": 878462.65,
        "trend": 6.583062,
        "fair_value": 5.428261,
        "relative_strength": -3.435641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.0416,
        "energy": 63.920556,
        "activity_lines": [
          7.233761,
          7.176337,
          7.017485,
          6.852787
        ]
      },
      {
        "date": "2025-11-07",
        "close": 7.072018,
        "volume": 756677,
        "typical_volume": 890768.7,
        "trend": 6.638267,
        "fair_value": 5.445905,
        "relative_strength": -3.270271,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.162707,
        "energy": 50.162364,
        "activity_lines": [
          7.182334,
          7.170341,
          7.036791,
          6.884332
        ]
      },
      {
        "date": "2025-11-14",
        "close": 7.033996,
        "volume": 888913,
        "typical_volume": 899294.25,
        "trend": 6.689468,
        "fair_value": 5.462701,
        "relative_strength": -3.554619,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.039394,
        "energy": 35.477893,
        "activity_lines": [
          7.128417,
          7.153539,
          7.04867,
          6.909863
        ]
      },
      {
        "date": "2025-11-21",
        "close": 6.813885,
        "volume": 943211,
        "typical_volume": 916514.8,
        "trend": 6.723304,
        "fair_value": 5.477438,
        "relative_strength": -3.488367,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.075556,
        "energy": 16.862918,
        "activity_lines": [
          7.012589,
          7.09249,
          7.037194,
          6.91789
        ]
      },
      {
        "date": "2025-11-28",
        "close": 7.043566,
        "volume": 538780,
        "typical_volume": 905969.1,
        "trend": 6.757197,
        "fair_value": 5.49258,
        "relative_strength": -4.803187,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.229196,
        "energy": 22.600589,
        "activity_lines": [
          7.000669,
          7.07707,
          7.046712,
          6.938552
        ]
      },
      {
        "date": "2025-12-05",
        "close": 7.053136,
        "volume": 755701,
        "typical_volume": 901008.95,
        "trend": 6.791105,
        "fair_value": 5.509963,
        "relative_strength": -5.494555,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.078694,
        "energy": 20.098722,
        "activity_lines": [
          7.001441,
          7.065655,
          7.055012,
          6.957645
        ]
      },
      {
        "date": "2025-12-12",
        "close": 7.053136,
        "volume": 660008,
        "typical_volume": 896768.3,
        "trend": 6.81801,
        "fair_value": 5.528095,
        "relative_strength": -3.611823,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.973717,
        "energy": 14.006807,
        "activity_lines": [
          7.018046,
          7.054442,
          7.061271,
          6.97455
        ]
      },
      {
        "date": "2025-12-19",
        "close": 7.014595,
        "volume": 930055,
        "typical_volume": 904123.65,
        "trend": 6.845161,
        "fair_value": 5.546494,
        "relative_strength": -4.608677,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.099607,
        "energy": 11.30209,
        "activity_lines": [
          7.023063,
          7.039341,
          7.062351,
          6.987233
        ]
      },
      {
        "date": "2025-12-26",
        "close": 7.197668,
        "volume": 517274,
        "typical_volume": 882115.8,
        "trend": 6.877189,
        "fair_value": 5.5663,
        "relative_strength": -3.287911,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.987138,
        "energy": 24.795078,
        "activity_lines": [
          7.090398,
          7.061005,
          7.078921,
          7.009975
        ]
      },
      {
        "date": "2026-01-02",
        "close": 7.24617,
        "volume": 586042,
        "typical_volume": 872853.5,
        "trend": 6.907773,
        "fair_value": 5.585662,
        "relative_strength": -0.938491,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 49.565453,
        "energy": 33.849419,
        "activity_lines": [
          7.148314,
          7.091969,
          7.097958,
          7.033781
        ]
      },
      {
        "date": "2026-01-09",
        "close": 7.440177,
        "volume": 1189872,
        "typical_volume": 895378.7,
        "trend": 6.945147,
        "fair_value": 5.604568,
        "relative_strength": -0.478394,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 73.949211,
        "energy": 65.323966,
        "activity_lines": [
          7.257393,
          7.157113,
          7.133444,
          7.068129
        ]
      },
      {
        "date": "2026-01-16",
        "close": 7.605083,
        "volume": 819778,
        "typical_volume": 876257.7,
        "trend": 6.98956,
        "fair_value": 5.624249,
        "relative_strength": 2.523878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.540688,
        "energy": 81.177929,
        "activity_lines": [
          7.395638,
          7.249522,
          7.18146,
          7.110706
        ]
      },
      {
        "date": "2026-01-23",
        "close": 7.711787,
        "volume": 762528,
        "typical_volume": 878457.95,
        "trend": 7.028895,
        "fair_value": 5.643717,
        "relative_strength": 3.604091,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.559557,
        "energy": 86.857704,
        "activity_lines": [
          7.532654,
          7.35164,
          7.23608,
          7.157301
        ]
      },
      {
        "date": "2026-01-30",
        "close": 7.769989,
        "volume": 840539,
        "typical_volume": 862732.95,
        "trend": 7.066932,
        "fair_value": 5.663274,
        "relative_strength": 4.408063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.897147,
        "energy": 90.030489,
        "activity_lines": [
          7.642591,
          7.452016,
          7.291909,
          7.205113
        ]
      },
      {
        "date": "2026-02-06",
        "close": 7.731188,
        "volume": 1063923,
        "typical_volume": 865898.45,
        "trend": 7.104755,
        "fair_value": 5.682536,
        "relative_strength": 5.84472,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.352999,
        "energy": 88.295182,
        "activity_lines": [
          7.70144,
          7.527953,
          7.340503,
          7.247969
        ]
      },
      {
        "date": "2026-02-13",
        "close": 7.915495,
        "volume": 1037773,
        "typical_volume": 869659.75,
        "trend": 7.147786,
        "fair_value": 5.703503,
        "relative_strength": 9.515667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.502926,
        "energy": 91.743228,
        "activity_lines": [
          7.78939,
          7.624899,
          7.403968,
          7.300274
        ]
      },
      {
        "date": "2026-02-20",
        "close": 7.993576,
        "volume": 592604,
        "typical_volume": 842981.9,
        "trend": 7.189692,
        "fair_value": 5.725921,
        "relative_strength": 9.137484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.093423,
        "energy": 90.366582,
        "activity_lines": [
          7.871679,
          7.720362,
          7.470817,
          7.354842
        ]
      },
      {
        "date": "2026-02-27",
        "close": 7.993576,
        "volume": 739758,
        "typical_volume": 803560.35,
        "trend": 7.235946,
        "fair_value": 5.747769,
        "relative_strength": 9.200592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.487841,
        "energy": 85.940954,
        "activity_lines": [
          7.928069,
          7.798727,
          7.534004,
          7.406705
        ]
      },
      {
        "date": "2026-03-06",
        "close": 7.388446,
        "volume": 1038650,
        "typical_volume": 814349.65,
        "trend": 7.257371,
        "fair_value": 5.767117,
        "relative_strength": 2.23002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.238149,
        "energy": 50.148585,
        "activity_lines": [
          7.763963,
          7.749267,
          7.535809,
          7.416544
        ]
      },
      {
        "date": "2026-03-13",
        "close": 7.261563,
        "volume": 643352,
        "typical_volume": 803389.5,
        "trend": 7.272079,
        "fair_value": 5.786317,
        "relative_strength": 1.519087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 26.597411,
        "energy": 20.00658,
        "activity_lines": [
          7.582998,
          7.67327,
          7.524747,
          7.416814
        ]
      },
      {
        "date": "2026-03-20",
        "close": 7.202606,
        "volume": 848252,
        "typical_volume": 807684.5,
        "trend": 7.286386,
        "fair_value": 5.804612,
        "relative_strength": 2.720369,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.150984,
        "energy": 20.56299,
        "activity_lines": [
          7.41369,
          7.586273,
          7.507711,
          7.412332
        ]
      },
      {
        "date": "2026-03-27",
        "close": 6.90782,
        "volume": 1118123,
        "typical_volume": 825756.8,
        "trend": 7.288052,
        "fair_value": 5.820201,
        "relative_strength": 1.829573,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -38.647201,
        "energy": 42.731713,
        "activity_lines": [
          7.193645,
          7.449999,
          7.46302,
          7.387909
        ]
      },
      {
        "date": "2026-04-03",
        "close": 7.349999,
        "volume": 1330176,
        "typical_volume": 847819.95,
        "trend": 7.306334,
        "fair_value": 5.838817,
        "relative_strength": 4.154155,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.546851,
        "energy": 32.866634,
        "activity_lines": [
          7.193378,
          7.406798,
          7.461222,
          7.391905
        ]
      },
      {
        "date": "2026-04-10",
        "close": 7.585828,
        "volume": 1565857,
        "typical_volume": 878952.25,
        "trend": 7.324971,
        "fair_value": 5.858705,
        "relative_strength": 2.83459,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -6.511892,
        "energy": 18.270117,
        "activity_lines": [
          7.314625,
          7.413053,
          7.48038,
          7.409937
        ]
      },
      {
        "date": "2026-04-17",
        "close": 8.038383,
        "volume": 785122,
        "typical_volume": 891269.35,
        "trend": 7.35398,
        "fair_value": 5.88164,
        "relative_strength": 2.632921,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.243567,
        "energy": 24.215839,
        "activity_lines": [
          7.573565,
          7.504939,
          7.538962,
          7.455964
        ]
      },
      {
        "date": "2026-04-24",
        "close": 8.117482,
        "volume": 917165,
        "typical_volume": 899342.55,
        "trend": 7.389089,
        "fair_value": 5.905057,
        "relative_strength": 1.422488,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.453729,
        "energy": 49.223738,
        "activity_lines": [
          7.807083,
          7.605621,
          7.60034,
          7.505222
        ]
      },
      {
        "date": "2026-05-01",
        "close": 8.255904,
        "volume": 980106,
        "typical_volume": 915347.45,
        "trend": 7.42346,
        "fair_value": 5.92958,
        "relative_strength": 1.601327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.121197,
        "energy": 69.768233,
        "activity_lines": [
          8.02575,
          7.727798,
          7.669833,
          7.561145
        ]
      },
      {
        "date": "2026-05-08",
        "close": 8.690946,
        "volume": 894694,
        "typical_volume": 913579.4,
        "trend": 7.472962,
        "fair_value": 5.957184,
        "relative_strength": 1.410691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.866074,
        "energy": 86.069534,
        "activity_lines": [
          8.299559,
          7.924305,
          7.775031,
          7.642919
        ]
      },
      {
        "date": "2026-05-15",
        "close": 8.590629,
        "volume": 1022140,
        "typical_volume": 938822.7,
        "trend": 7.518512,
        "fair_value": 5.983705,
        "relative_strength": 0.549826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.571343,
        "energy": 84.699968,
        "activity_lines": [
          8.450533,
          8.089892,
          7.862692,
          7.715026
        ]
      },
      {
        "date": "2026-05-22",
        "close": 8.600571,
        "volume": 1049520,
        "typical_volume": 961996.6,
        "trend": 7.565662,
        "fair_value": 6.010803,
        "relative_strength": -0.504592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.011211,
        "energy": 81.7751,
        "activity_lines": [
          8.537833,
          8.23543,
          7.944667,
          7.784836
        ]
      },
      {
        "date": "2026-05-29",
        "close": 9.067886,
        "volume": 895211,
        "typical_volume": 947263.55,
        "trend": 7.624903,
        "fair_value": 6.040286,
        "relative_strength": 1.914156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.608344,
        "energy": 86.615605,
        "activity_lines": [
          8.743426,
          8.441588,
          8.064699,
          7.881754
        ]
      },
      {
        "date": "2026-06-05",
        "close": 8.670171,
        "volume": 1101789,
        "typical_volume": 961364.1,
        "trend": 7.678175,
        "fair_value": 6.066537,
        "relative_strength": 1.989117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.860909,
        "energy": 68.863488,
        "activity_lines": [
          8.753088,
          8.54152,
          8.139102,
          7.949191
        ]
      },
      {
        "date": "2026-06-12",
        "close": 8.640816,
        "volume": 1276211,
        "typical_volume": 987048.25,
        "trend": 7.731736,
        "fair_value": 6.09191,
        "relative_strength": -0.641202,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.361558,
        "energy": 55.344955,
        "activity_lines": [
          8.725346,
          8.604072,
          8.205638,
          8.011297
        ]
      },
      {
        "date": "2026-06-19",
        "close": 8.928844,
        "volume": 818514,
        "typical_volume": 985947.0,
        "trend": 7.802235,
        "fair_value": 6.120163,
        "relative_strength": -0.018798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.345476,
        "energy": 57.370938,
        "activity_lines": [
          8.796956,
          8.695523,
          8.295181,
          8.088529
        ]
      },
      {
        "date": "2026-06-26",
        "close": 8.680544,
        "volume": 854920,
        "typical_volume": 975496.85,
        "trend": 7.8568,
        "fair_value": 6.146185,
        "relative_strength": 1.727332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.820015,
        "energy": 46.109532,
        "activity_lines": [
          8.763251,
          8.71741,
          8.355558,
          8.145194
        ]
      },
      {
        "date": "2026-07-03",
        "close": 8.700408,
        "volume": 706944,
        "typical_volume": 958955.4,
        "trend": 7.91171,
        "fair_value": 6.172482,
        "relative_strength": 1.050321,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.234372,
        "energy": 39.094655,
        "activity_lines": [
          8.730837,
          8.731234,
          8.413306,
          8.199621
        ]
      },
      {
        "date": "2026-07-10",
        "close": 8.76,
        "volume": 1649769,
        "typical_volume": 1011813.65,
        "trend": 7.968605,
        "fair_value": 6.198031,
        "relative_strength": -0.088295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.205144,
        "energy": 39.858408,
        "activity_lines": [
          8.742785,
          8.745294,
          8.472991,
          8.254349
        ]
      },
      {
        "date": "2026-07-17",
        "close": 8.68,
        "volume": 1380224,
        "typical_volume": 1043836.95,
        "trend": 8.024119,
        "fair_value": 6.223266,
        "relative_strength": 3.191663,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.032246,
        "energy": 34.657616,
        "activity_lines": [
          8.722077,
          8.735642,
          8.521408,
          8.300246
        ]
      },
      {
        "date": "2026-07-24",
        "close": 8.52,
        "volume": 1270563,
        "typical_volume": 1055432.6,
        "trend": 8.068196,
        "fair_value": 6.247079,
        "relative_strength": 2.848632,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.442636,
        "energy": 28.286484,
        "activity_lines": [
          8.645424,
          8.697099,
          8.551319,
          8.332238
        ]
      },
      {
        "date": "2026-07-31",
        "close": 8.3,
        "volume": 1574136,
        "typical_volume": 1101971.8,
        "trend": 8.103324,
        "fair_value": 6.270324,
        "relative_strength": -0.369453,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.136476,
        "energy": 17.129728,
        "activity_lines": [
          8.522694,
          8.61984,
          8.554888,
          8.347193
        ]
      },
      {
        "date": "2026-08-07",
        "close": 8.53,
        "volume": 1003799,
        "typical_volume": 1109749.15,
        "trend": 8.139651,
        "fair_value": 6.294746,
        "relative_strength": -2.572853,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.732763,
        "energy": 18.861775,
        "activity_lines": [
          8.502,
          8.589865,
          8.575418,
          8.374721
        ]
      }
    ],
    "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."
    }
  }
}