{
  "ticker": {
    "uuid": "e77a18cb-1572-438c-9cdd-4f20032f5f06",
    "symbol": "XLIP",
    "name": "Invesco Industrials S&P US Select Sector UCITS ETF",
    "exchange": "LSE",
    "country": "GB",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FTSE",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 57.153,
    "architecture_energy": 40.962,
    "architecture_maturity": 79.735,
    "architecture_confidence": 55.726,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 25.17,
        "rotation_up": 44.13,
        "upward_expansion": 66.96,
        "deceleration": 65.48,
        "rotation_down": 25.75,
        "downward_expansion": 16.96
      },
      "activity_lines": [
        75300.0,
        75355.545455,
        74014.333333,
        72934.956989
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 76165.0,
    "trend_reference": 71614.333333,
    "distance_from_trend": 0.063544,
    "trend_direction": "Improving",
    "fair_value": 58322.557692,
    "distance_from_fair_value": 0.305927,
    "fair_value_direction": "Improving",
    "relative_strength": 3.389918,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.089238,
    "excess_performance": 0.038003,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.063544,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.053273,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.305927,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.041871,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.033899,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.001452,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.089238,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.209574,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1575,
      "relative_activity": 2.222693,
      "balance": 1.209574,
      "dry_up": 1.496966,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.026849,
      "annualized_volatility": 0.140226,
      "from_high_reference": -0.01722,
      "from_low_reference": 0.254302
    },
    "levels": {
      "trend_reference": 71614.333333,
      "fair_value_reference": 58322.557692,
      "structural_low": 66411.492188,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 39,
        "median_return": 0.001995,
        "positive_rate": 0.538462,
        "directional_follow_through": 0.538462,
        "median_excess_return": 0.00186,
        "regime_survival": 0.692308,
        "best_return": 0.083301,
        "worst_return": -0.068777,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 15,
        "median_return": 0.020331,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.014982,
        "regime_survival": 0.6,
        "best_return": 0.08052,
        "worst_return": -0.064786,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 9,
        "median_return": 0.047048,
        "positive_rate": 0.777778,
        "directional_follow_through": 0.777778,
        "median_excess_return": -0.023871,
        "regime_survival": 0.666667,
        "best_return": 0.13787,
        "worst_return": -0.062493,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.075969,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.034453,
        "regime_survival": 0.25,
        "best_return": 0.191405,
        "worst_return": -0.006475,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-15",
        "end": "2024-05-24",
        "tenure": "Established",
        "return": 0.10394,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-31",
        "end": "2024-09-20",
        "tenure": "Established",
        "return": 0.051426,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": 0.050851,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.063654,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-02-21",
        "tenure": "New",
        "return": -0.040634,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-28",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.059169,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.076664,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.131274,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.088693,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.017528,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-12",
        "end": "2025-09-26",
        "tenure": "New",
        "return": 0.017859,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-03",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": 0.054897,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.029112,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.080891,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 44756.0,
        "volume": 851,
        "typical_volume": 760.9,
        "trend": 43909.05,
        "fair_value": 39565.38141,
        "relative_strength": 6.619578,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.425874,
        "energy": 62.388527,
        "activity_lines": [
          45481.833333,
          45249.4,
          44434.388095,
          44077.810753
        ]
      },
      {
        "date": "2023-08-25",
        "close": 45163.0,
        "volume": 112,
        "typical_volume": 550.7,
        "trend": 43965.683333,
        "fair_value": 39661.397436,
        "relative_strength": 6.368611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.101419,
        "energy": 43.519453,
        "activity_lines": [
          45326.0,
          45286.8,
          44567.178571,
          44158.710753
        ]
      },
      {
        "date": "2023-09-01",
        "close": 46164.0,
        "volume": 97,
        "typical_volume": 526.1,
        "trend": 43986.583333,
        "fair_value": 39764.525641,
        "relative_strength": 6.787647,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.041292,
        "energy": 48.225042,
        "activity_lines": [
          45547.566667,
          45484.454545,
          44780.095238,
          44300.537634
        ]
      },
      {
        "date": "2023-09-08",
        "close": 45515.5,
        "volume": 16,
        "typical_volume": 516.0,
        "trend": 44006.283333,
        "fair_value": 39855.25,
        "relative_strength": 5.027886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.353663,
        "energy": 37.755416,
        "activity_lines": [
          45538.966667,
          45517.509091,
          44915.47381,
          44399.177419
        ]
      },
      {
        "date": "2023-09-15",
        "close": 45357.0,
        "volume": 159,
        "typical_volume": 381.05,
        "trend": 44006.566667,
        "fair_value": 39942.291667,
        "relative_strength": 1.429047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.502224,
        "energy": 35.914291,
        "activity_lines": [
          45494.733333,
          45514.563636,
          45024.733333,
          44486.32043
        ]
      },
      {
        "date": "2023-09-22",
        "close": 44895.0,
        "volume": 52,
        "typical_volume": 378.5,
        "trend": 44019.5,
        "fair_value": 40031.955128,
        "relative_strength": 0.762291,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.223701,
        "energy": 30.53012,
        "activity_lines": [
          45329.366667,
          45411.645455,
          45075.940476,
          44543.63871
        ]
      },
      {
        "date": "2023-09-29",
        "close": 44950.5,
        "volume": 223,
        "typical_volume": 386.7,
        "trend": 43992.883333,
        "fair_value": 40122.11859,
        "relative_strength": 1.864051,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.076385,
        "energy": 20.816616,
        "activity_lines": [
          45173.233333,
          45307.245455,
          45118.130952,
          44603.703226
        ]
      },
      {
        "date": "2023-10-06",
        "close": 43891.5,
        "volume": 349,
        "typical_volume": 397.95,
        "trend": 43970.483333,
        "fair_value": 40197.801282,
        "relative_strength": 0.957387,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.060523,
        "energy": 14.426744,
        "activity_lines": [
          44678.266667,
          45026.090909,
          45045.990476,
          44597.162366
        ]
      },
      {
        "date": "2023-10-13",
        "close": 45165.5,
        "volume": 12,
        "typical_volume": 384.3,
        "trend": 44068.216667,
        "fair_value": 40277.272436,
        "relative_strength": 2.433071,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.281005,
        "energy": 17.99838,
        "activity_lines": [
          44759.466667,
          45014.072727,
          45089.430952,
          44674.260215
        ]
      },
      {
        "date": "2023-10-20",
        "close": 43730.0,
        "volume": 226,
        "typical_volume": 375.1,
        "trend": 44124.833333,
        "fair_value": 40351.730769,
        "relative_strength": 1.825146,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.38122,
        "energy": 22.080736,
        "activity_lines": [
          44385.5,
          44752.109091,
          44983.252381,
          44652.439785
        ]
      },
      {
        "date": "2023-10-27",
        "close": 43074.0,
        "volume": 1931,
        "typical_volume": 444.3,
        "trend": 44109.333333,
        "fair_value": 40434.275641,
        "relative_strength": 1.880307,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -39.092033,
        "energy": 47.196794,
        "activity_lines": [
          43901.333333,
          44409.418182,
          44810.928571,
          44584.644086
        ]
      },
      {
        "date": "2023-11-03",
        "close": 44200.0,
        "volume": 2999,
        "typical_volume": 574.9,
        "trend": 44183.683333,
        "fair_value": 40513.532051,
        "relative_strength": 2.781809,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.002294,
        "energy": 40.182465,
        "activity_lines": [
          43913.9,
          44302.036364,
          44746.742857,
          44590.493548
        ]
      },
      {
        "date": "2023-11-10",
        "close": 44796.0,
        "volume": 341,
        "typical_volume": 568.6,
        "trend": 44248.516667,
        "fair_value": 40586.445513,
        "relative_strength": 4.98704,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -12.778898,
        "energy": 25.365514,
        "activity_lines": [
          44175.166667,
          44320.527273,
          44738.209524,
          44629.997849
        ]
      },
      {
        "date": "2023-11-17",
        "close": 45539.0,
        "volume": 77,
        "typical_volume": 553.9,
        "trend": 44326.466667,
        "fair_value": 40661.996795,
        "relative_strength": 4.655285,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 41.103031,
        "energy": 18.308263,
        "activity_lines": [
          44623.8,
          44498.981818,
          44794.72381,
          44713.254839
        ]
      },
      {
        "date": "2023-11-24",
        "close": 45328.5,
        "volume": 209,
        "typical_volume": 505.7,
        "trend": 44423.883333,
        "fair_value": 40731.730769,
        "relative_strength": 4.354678,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 42.95178,
        "energy": 29.841378,
        "activity_lines": [
          44977.366667,
          44638.736364,
          44829.197619,
          44777.902151
        ]
      },
      {
        "date": "2023-12-01",
        "close": 45835.5,
        "volume": 420,
        "typical_volume": 506.95,
        "trend": 44555.35,
        "fair_value": 40806.163462,
        "relative_strength": 4.856266,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 54.931052,
        "energy": 41.217613,
        "activity_lines": [
          45393.366667,
          44871.190909,
          44907.909524,
          44868.974194
        ]
      },
      {
        "date": "2023-12-08",
        "close": 46687.5,
        "volume": 351,
        "typical_volume": 483.1,
        "trend": 44707.566667,
        "fair_value": 40883.445513,
        "relative_strength": 6.299619,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 79.179569,
        "energy": 70.785261,
        "activity_lines": [
          45909.266667,
          45241.454545,
          45060.254762,
          45006.532258
        ]
      },
      {
        "date": "2023-12-15",
        "close": 47864.0,
        "volume": 150,
        "typical_volume": 463.0,
        "trend": 44880.25,
        "fair_value": 40973.044872,
        "relative_strength": 8.480072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.567677,
        "energy": 86.202835,
        "activity_lines": [
          46651.5,
          45794.045455,
          45320.511905,
          45210.173118
        ]
      },
      {
        "date": "2023-12-22",
        "close": 47832.5,
        "volume": 150,
        "typical_volume": 444.7,
        "trend": 45059.483333,
        "fair_value": 41063.519231,
        "relative_strength": 6.552087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.551494,
        "energy": 89.137047,
        "activity_lines": [
          47178.7,
          46268.681818,
          45568.67381,
          45400.64086
        ]
      },
      {
        "date": "2023-12-29",
        "close": 48407.0,
        "volume": 82,
        "typical_volume": 440.35,
        "trend": 45241.066667,
        "fair_value": 41159.112179,
        "relative_strength": 7.179738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.42045,
        "energy": 93.251976,
        "activity_lines": [
          47744.5,
          46799.281818,
          45861.745238,
          45616.609677
        ]
      },
      {
        "date": "2024-01-05",
        "close": 47219.0,
        "volume": 29,
        "typical_volume": 399.25,
        "trend": 45372.933333,
        "fair_value": 41241.826923,
        "relative_strength": 5.016061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.399025,
        "energy": 84.869359,
        "activity_lines": [
          47709.066667,
          47028.845455,
          46029.497619,
          45744.21828
        ]
      },
      {
        "date": "2024-01-12",
        "close": 47367.5,
        "volume": 40,
        "typical_volume": 395.65,
        "trend": 45486.283333,
        "fair_value": 41328.076923,
        "relative_strength": 6.051204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.430905,
        "energy": 78.947074,
        "activity_lines": [
          47630.9,
          47210.045455,
          46199.664286,
          45872.9
        ]
      },
      {
        "date": "2024-01-19",
        "close": 47557.0,
        "volume": 55,
        "typical_volume": 393.55,
        "trend": 45618.316667,
        "fair_value": 41417.512821,
        "relative_strength": 8.46873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.334874,
        "energy": 65.122271,
        "activity_lines": [
          47570.566667,
          47368.109091,
          46377.380952,
          46006.494624
        ]
      },
      {
        "date": "2024-01-26",
        "close": 48260.0,
        "volume": 1374,
        "typical_volume": 461.45,
        "trend": 45722.966667,
        "fair_value": 41519.63141,
        "relative_strength": 7.321044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.148322,
        "energy": 61.931864,
        "activity_lines": [
          47765.033333,
          47603.790909,
          46615.416667,
          46176.925806
        ]
      },
      {
        "date": "2024-02-02",
        "close": 49185.0,
        "volume": 999,
        "typical_volume": 503.45,
        "trend": 45879.85,
        "fair_value": 41618.525641,
        "relative_strength": 9.411047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.878601,
        "energy": 84.553047,
        "activity_lines": [
          48239.333333,
          47958.181818,
          46928.478571,
          46400.282796
        ]
      },
      {
        "date": "2024-02-09",
        "close": 49780.0,
        "volume": 81,
        "typical_volume": 504.9,
        "trend": 46063.9,
        "fair_value": 41721.525641,
        "relative_strength": 11.045604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.959185,
        "energy": 93.5402,
        "activity_lines": [
          48860.1,
          48350.636364,
          47279.978571,
          46651.905376
        ]
      },
      {
        "date": "2024-02-16",
        "close": 50926.5,
        "volume": 299,
        "typical_volume": 508.7,
        "trend": 46234.15,
        "fair_value": 41831.63141,
        "relative_strength": 11.214999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.817984,
        "energy": 96.950446,
        "activity_lines": [
          49692.3,
          48879.827273,
          47717.407143,
          46965.621505
        ]
      },
      {
        "date": "2024-02-23",
        "close": 51152.0,
        "volume": 220,
        "typical_volume": 502.25,
        "trend": 46407.416667,
        "fair_value": 41941.935897,
        "relative_strength": 11.428947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.040212,
        "energy": 95.505795,
        "activity_lines": [
          50362.4,
          49372.945455,
          48147.854762,
          47282.902151
        ]
      },
      {
        "date": "2024-03-01",
        "close": 51697.0,
        "volume": 506,
        "typical_volume": 526.95,
        "trend": 46604.866667,
        "fair_value": 42055.442308,
        "relative_strength": 12.611496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.684702,
        "energy": 95.865543,
        "activity_lines": [
          50974.5,
          49905.372727,
          48595.633333,
          47624.165591
        ]
      },
      {
        "date": "2024-03-08",
        "close": 51649.5,
        "volume": 618,
        "typical_volume": 546.55,
        "trend": 46798.183333,
        "fair_value": 42156.163462,
        "relative_strength": 12.483923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.444285,
        "energy": 92.625505,
        "activity_lines": [
          51341.633333,
          50358.9,
          49007.785714,
          47949.625806
        ]
      },
      {
        "date": "2024-03-15",
        "close": 51718.0,
        "volume": 319,
        "typical_volume": 465.95,
        "trend": 47030.25,
        "fair_value": 42255.102564,
        "relative_strength": 11.312335,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.0753,
        "energy": 90.881389,
        "activity_lines": [
          51567.3,
          50765.927273,
          49388.75,
          48267.033333
        ]
      },
      {
        "date": "2024-03-22",
        "close": 53876.0,
        "volume": 1535,
        "typical_volume": 392.75,
        "trend": 47320.683333,
        "fair_value": 42364.663462,
        "relative_strength": 12.579263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.384964,
        "energy": 94.273383,
        "activity_lines": [
          52383.1,
          51483.518182,
          49934.07619,
          48708.694624
        ]
      },
      {
        "date": "2024-03-29",
        "close": 53948.0,
        "volume": 398,
        "typical_volume": 395.6,
        "trend": 47580.15,
        "fair_value": 42473.134615,
        "relative_strength": 12.036956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.362457,
        "energy": 82.611495,
        "activity_lines": [
          53026.266667,
          52095.863636,
          50440.183333,
          49136.263441
        ]
      },
      {
        "date": "2024-04-05",
        "close": 53740.0,
        "volume": 1276,
        "typical_volume": 455.55,
        "trend": 47854.3,
        "fair_value": 42575.019231,
        "relative_strength": 11.702415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.495121,
        "energy": 72.213887,
        "activity_lines": [
          53413.7,
          52554.190909,
          50882.9,
          49533.673118
        ]
      },
      {
        "date": "2024-04-12",
        "close": 53697.0,
        "volume": 1664,
        "typical_volume": 528.3,
        "trend": 48132.3,
        "fair_value": 42675.083333,
        "relative_strength": 9.992336,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.065803,
        "energy": 69.575406,
        "activity_lines": [
          53650.6,
          52905.063636,
          51282.469048,
          49910.621505
        ]
      },
      {
        "date": "2024-04-19",
        "close": 52742.0,
        "volume": 500,
        "typical_volume": 532.3,
        "trend": 48393.866667,
        "fair_value": 42769.022436,
        "relative_strength": 8.981171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.857089,
        "energy": 67.201742,
        "activity_lines": [
          53432.666667,
          53000.263636,
          51551.235714,
          50208.021505
        ]
      },
      {
        "date": "2024-04-26",
        "close": 53182.0,
        "volume": 672,
        "typical_volume": 548.35,
        "trend": 48668.25,
        "fair_value": 42864.224359,
        "relative_strength": 6.215799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.264642,
        "energy": 63.846265,
        "activity_lines": [
          53293.133333,
          53121.609091,
          51829.019048,
          50516.933333
        ]
      },
      {
        "date": "2024-05-03",
        "close": 52813.0,
        "volume": 197,
        "typical_volume": 550.7,
        "trend": 48965.633333,
        "fair_value": 42952.724359,
        "relative_strength": 4.192156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.671807,
        "energy": 55.129189,
        "activity_lines": [
          53076.866667,
          53134.854545,
          52040.733333,
          50784.336559
        ]
      },
      {
        "date": "2024-05-10",
        "close": 54341.5,
        "volume": 269,
        "typical_volume": 556.65,
        "trend": 49271.5,
        "fair_value": 43053.785256,
        "relative_strength": 4.079206,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.877509,
        "energy": 62.593205,
        "activity_lines": [
          53445.766667,
          53395.809091,
          52374.452381,
          51131.166667
        ]
      },
      {
        "date": "2024-05-17",
        "close": 53171.5,
        "volume": 277,
        "typical_volume": 566.4,
        "trend": 49586.216667,
        "fair_value": 43150.858974,
        "relative_strength": 1.744954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.345704,
        "energy": 50.192628,
        "activity_lines": [
          53384.566667,
          53395.954545,
          52565.747619,
          51382.77957
        ]
      },
      {
        "date": "2024-05-24",
        "close": 52839.0,
        "volume": 706,
        "typical_volume": 600.25,
        "trend": 49911.716667,
        "fair_value": 43243.099359,
        "relative_strength": 2.10834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.26965,
        "energy": 44.684237,
        "activity_lines": [
          53247.566667,
          53307.972727,
          52702.688095,
          51592.636559
        ]
      },
      {
        "date": "2024-05-31",
        "close": 51676.0,
        "volume": 685,
        "typical_volume": 632.5,
        "trend": 50160.916667,
        "fair_value": 43327.166667,
        "relative_strength": 0.18514,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.82581,
        "energy": 31.161596,
        "activity_lines": [
          52716.433333,
          52988.154545,
          52702.104762,
          51706.46129
        ]
      },
      {
        "date": "2024-06-07",
        "close": 52186.0,
        "volume": 125,
        "typical_volume": 636.0,
        "trend": 50407.25,
        "fair_value": 43417.807692,
        "relative_strength": 1.351778,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.651969,
        "energy": 21.984567,
        "activity_lines": [
          52455.7,
          52801.063636,
          52729.57619,
          51837.111828
        ]
      },
      {
        "date": "2024-06-14",
        "close": 51380.0,
        "volume": 232,
        "typical_volume": 578.9,
        "trend": 50601.95,
        "fair_value": 43505.445513,
        "relative_strength": 0.820926,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.117781,
        "energy": 16.913778,
        "activity_lines": [
          51968.1,
          52499.463636,
          52658.242857,
          51899.869892
        ]
      },
      {
        "date": "2024-06-21",
        "close": 52641.0,
        "volume": 236,
        "typical_volume": 540.75,
        "trend": 50845.7,
        "fair_value": 43596.201923,
        "relative_strength": 1.985016,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.777751,
        "energy": 19.57468,
        "activity_lines": [
          52098.266667,
          52470.045455,
          52692.147619,
          52031.421505
        ]
      },
      {
        "date": "2024-06-28",
        "close": 52538.0,
        "volume": 260,
        "typical_volume": 549.7,
        "trend": 51069.116667,
        "fair_value": 43682.349359,
        "relative_strength": 2.563202,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.740882,
        "energy": 13.283289,
        "activity_lines": [
          52229.466667,
          52441.1,
          52699.785714,
          52140.602151
        ]
      },
      {
        "date": "2024-07-05",
        "close": 51119.0,
        "volume": 124,
        "typical_volume": 540.95,
        "trend": 51216.833333,
        "fair_value": 43760.070513,
        "relative_strength": -0.722079,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.064727,
        "energy": 16.744686,
        "activity_lines": [
          51907.733333,
          52157.863636,
          52559.147619,
          52143.82043
        ]
      },
      {
        "date": "2024-07-12",
        "close": 52096.5,
        "volume": 147,
        "typical_volume": 537.3,
        "trend": 51357.916667,
        "fair_value": 43845.163462,
        "relative_strength": 0.464952,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.971446,
        "energy": 9.75274,
        "activity_lines": [
          51948.966667,
          52089.863636,
          52510.688095,
          52200.573118
        ]
      },
      {
        "date": "2024-07-19",
        "close": 52466.0,
        "volume": 873,
        "typical_volume": 555.65,
        "trend": 51512.366667,
        "fair_value": 43929.298077,
        "relative_strength": 2.241177,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.77867,
        "energy": 12.033079,
        "activity_lines": [
          52119.333333,
          52102.072727,
          52492.921429,
          52272.062366
        ]
      },
      {
        "date": "2024-07-26",
        "close": 53280.0,
        "volume": 872,
        "typical_volume": 568.35,
        "trend": 51674.8,
        "fair_value": 44022.429487,
        "relative_strength": 2.055588,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.165872,
        "energy": 17.867486,
        "activity_lines": [
          52488.633333,
          52296.381818,
          52549.016667,
          52386.103226
        ]
      },
      {
        "date": "2024-08-02",
        "close": 51645.0,
        "volume": 332,
        "typical_volume": 569.0,
        "trend": 51822.333333,
        "fair_value": 44103.24359,
        "relative_strength": 0.185563,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.151441,
        "energy": 9.95593,
        "activity_lines": [
          52270.333333,
          52191.445455,
          52441.633333,
          52384.180645
        ]
      },
      {
        "date": "2024-08-09",
        "close": 52597.5,
        "volume": 500,
        "typical_volume": 517.25,
        "trend": 51996.666667,
        "fair_value": 44186.419872,
        "relative_strength": 2.008209,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.328396,
        "energy": 13.656684,
        "activity_lines": [
          52429.066667,
          52281.4,
          52425.311905,
          52434.191398
        ]
      },
      {
        "date": "2024-08-16",
        "close": 53322.5,
        "volume": 165,
        "typical_volume": 505.6,
        "trend": 52188.85,
        "fair_value": 44276.679487,
        "relative_strength": 1.553038,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 45.17353,
        "energy": 24.548027,
        "activity_lines": [
          52730.9,
          52486.418182,
          52484.12619,
          52519.729032
        ]
      },
      {
        "date": "2024-08-23",
        "close": 53140.5,
        "volume": 169,
        "typical_volume": 450.25,
        "trend": 52351.533333,
        "fair_value": 44361.717949,
        "relative_strength": 0.937394,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 41.339953,
        "energy": 24.908169,
        "activity_lines": [
          52890.333333,
          52637.681818,
          52528.585714,
          52581.125806
        ]
      },
      {
        "date": "2024-08-30",
        "close": 53805.0,
        "volume": 57,
        "typical_volume": 369.9,
        "trend": 52505.533333,
        "fair_value": 44453.971154,
        "relative_strength": 1.53044,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 54.462422,
        "energy": 45.81759,
        "activity_lines": [
          53226.3,
          52877.754545,
          52639.185714,
          52674.897849
        ]
      },
      {
        "date": "2024-09-06",
        "close": 51985.5,
        "volume": 194,
        "typical_volume": 354.6,
        "trend": 52579.05,
        "fair_value": 44540.086538,
        "relative_strength": 0.35466,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": 8.039069,
        "energy": 18.213013,
        "activity_lines": [
          52920.766667,
          52765.845455,
          52575.985714,
          52641.347312
        ]
      },
      {
        "date": "2024-09-13",
        "close": 53839.5,
        "volume": 137,
        "typical_volume": 327.85,
        "trend": 52676.15,
        "fair_value": 44640.644231,
        "relative_strength": 2.587892,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.876384,
        "energy": 35.28125,
        "activity_lines": [
          53210.533333,
          53001.072727,
          52692.959524,
          52722.666667
        ]
      },
      {
        "date": "2024-09-20",
        "close": 54333.5,
        "volume": 80,
        "typical_volume": 322.0,
        "trend": 52782.2,
        "fair_value": 44741.269231,
        "relative_strength": 3.832393,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 65.221774,
        "energy": 47.210941,
        "activity_lines": [
          53582.166667,
          53276.654545,
          52853.85,
          52829.592473
        ]
      },
      {
        "date": "2024-09-27",
        "close": 55102.0,
        "volume": 85,
        "typical_volume": 312.8,
        "trend": 52895.7,
        "fair_value": 44851.169872,
        "relative_strength": 3.927505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.782089,
        "energy": 57.79929,
        "activity_lines": [
          54142.566667,
          53651.290909,
          53080.690476,
          52979.256989
        ]
      },
      {
        "date": "2024-10-04",
        "close": 55868.0,
        "volume": 125,
        "typical_volume": 305.2,
        "trend": 53036.316667,
        "fair_value": 44960.798077,
        "relative_strength": 5.600021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.484286,
        "energy": 76.856111,
        "activity_lines": [
          54827.533333,
          54117.272727,
          53376.861905,
          53171.01828
        ]
      },
      {
        "date": "2024-10-11",
        "close": 57456.5,
        "volume": 167,
        "typical_volume": 278.25,
        "trend": 53227.6,
        "fair_value": 45078.153846,
        "relative_strength": 8.62361,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.233733,
        "energy": 87.51847,
        "activity_lines": [
          55904.466667,
          54825.018182,
          53811.478571,
          53456.191398
        ]
      },
      {
        "date": "2024-10-18",
        "close": 58034.0,
        "volume": 1153,
        "typical_volume": 301.65,
        "trend": 53366.2,
        "fair_value": 45194.746795,
        "relative_strength": 8.00676,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.490517,
        "energy": 93.861097,
        "activity_lines": [
          56809.166667,
          55532.1,
          54279.107143,
          53766.28172
        ]
      },
      {
        "date": "2024-10-25",
        "close": 56962.0,
        "volume": 390,
        "typical_volume": 314.9,
        "trend": 53466.666667,
        "fair_value": 45303.326923,
        "relative_strength": 7.099225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.556843,
        "energy": 87.093038,
        "activity_lines": [
          57076.9,
          55945.427273,
          54614.364286,
          53998.268817
        ]
      },
      {
        "date": "2024-11-01",
        "close": 56488.0,
        "volume": 1684,
        "typical_volume": 387.5,
        "trend": 53558.266667,
        "fair_value": 45400.650641,
        "relative_strength": 6.835497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.23365,
        "energy": 86.249235,
        "activity_lines": [
          57011.4,
          56206.4,
          54881.735714,
          54193.193548
        ]
      },
      {
        "date": "2024-11-08",
        "close": 59801.5,
        "volume": 836,
        "typical_volume": 417.5,
        "trend": 53761.75,
        "fair_value": 45516.791667,
        "relative_strength": 14.121878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.769023,
        "energy": 93.911446,
        "activity_lines": [
          57958.0,
          57008.963636,
          55440.354762,
          54595.982796
        ]
      },
      {
        "date": "2024-11-15",
        "close": 60036.0,
        "volume": 1163,
        "typical_volume": 462.65,
        "trend": 54004.883333,
        "fair_value": 45637.647436,
        "relative_strength": 14.228464,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.209499,
        "energy": 90.005399,
        "activity_lines": [
          58720.533333,
          57745.136364,
          55987.209524,
          55000.773118
        ]
      },
      {
        "date": "2024-11-22",
        "close": 61707.0,
        "volume": 3683,
        "typical_volume": 640.6,
        "trend": 54289.05,
        "fair_value": 45774.371795,
        "relative_strength": 14.11054,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.610883,
        "energy": 93.182494,
        "activity_lines": [
          59868.1,
          58638.754545,
          56657.502381,
          55497.683871
        ]
      },
      {
        "date": "2024-11-29",
        "close": 61648.0,
        "volume": 527,
        "typical_volume": 659.6,
        "trend": 54583.55,
        "fair_value": 45911.0,
        "relative_strength": 13.205307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.81011,
        "energy": 92.110453,
        "activity_lines": [
          60751.133333,
          59378.6,
          57271.757143,
          55972.454839
        ]
      },
      {
        "date": "2024-12-06",
        "close": 60031.5,
        "volume": 622,
        "typical_volume": 647.05,
        "trend": 54773.216667,
        "fair_value": 46029.621795,
        "relative_strength": 9.619012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.814697,
        "energy": 83.430414,
        "activity_lines": [
          60782.933333,
          59691.545455,
          57686.57619,
          56323.935484
        ]
      },
      {
        "date": "2024-12-13",
        "close": 59436.0,
        "volume": 340,
        "typical_volume": 620.45,
        "trend": 54982.033333,
        "fair_value": 46147.512821,
        "relative_strength": 8.373526,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.276087,
        "energy": 66.311031,
        "activity_lines": [
          60380.0,
          59806.590909,
          58008.654762,
          56624.760215
        ]
      },
      {
        "date": "2024-12-20",
        "close": 58008.0,
        "volume": 709,
        "typical_volume": 639.3,
        "trend": 55154.333333,
        "fair_value": 46258.310897,
        "relative_strength": 8.288822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.558194,
        "energy": 49.77744,
        "activity_lines": [
          59525.433333,
          59597.127273,
          58165.419048,
          56819.983871
        ]
      },
      {
        "date": "2024-12-27",
        "close": 57904.0,
        "volume": 132,
        "typical_volume": 620.9,
        "trend": 55361.933333,
        "fair_value": 46367.384615,
        "relative_strength": 6.967463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.622465,
        "energy": 28.847176,
        "activity_lines": [
          58771.4,
          59358.727273,
          58281.978571,
          56997.38172
        ]
      },
      {
        "date": "2025-01-03",
        "close": 58197.5,
        "volume": 796,
        "typical_volume": 652.45,
        "trend": 55562.316667,
        "fair_value": 46475.544872,
        "relative_strength": 6.251747,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.778571,
        "energy": 30.66604,
        "activity_lines": [
          58368.733333,
          59176.054545,
          58401.221429,
          57180.321505
        ]
      },
      {
        "date": "2025-01-10",
        "close": 58821.5,
        "volume": 103,
        "typical_volume": 649.15,
        "trend": 55810.366667,
        "fair_value": 46594.089744,
        "relative_strength": 6.788656,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.923021,
        "energy": 28.256204,
        "activity_lines": [
          58404.1,
          59084.372727,
          58556.678571,
          57390.591398
        ]
      },
      {
        "date": "2025-01-17",
        "close": 61885.5,
        "volume": 479,
        "typical_volume": 670.25,
        "trend": 56118.516667,
        "fair_value": 46735.519231,
        "relative_strength": 8.677744,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 75.742603,
        "energy": 43.67512,
        "activity_lines": [
          59541.466667,
          59507.354545,
          58976.892857,
          57782.535484
        ]
      },
      {
        "date": "2025-01-24",
        "close": 61902.0,
        "volume": 217,
        "typical_volume": 671.4,
        "trend": 56430.65,
        "fair_value": 46886.612179,
        "relative_strength": 8.443577,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.566008,
        "energy": 57.126561,
        "activity_lines": [
          60521.033333,
          59895.445455,
          59360.2,
          58155.663441
        ]
      },
      {
        "date": "2025-01-31",
        "close": 61315.0,
        "volume": 478,
        "typical_volume": 688.45,
        "trend": 56770.516667,
        "fair_value": 47032.032051,
        "relative_strength": 5.106478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.513487,
        "energy": 66.726838,
        "activity_lines": [
          61045.333333,
          60142.881818,
          59640.380952,
          58470.782796
        ]
      },
      {
        "date": "2025-02-07",
        "close": 60605.5,
        "volume": 231,
        "typical_volume": 696.0,
        "trend": 57054.15,
        "fair_value": 47171.182692,
        "relative_strength": 3.45784,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.22568,
        "energy": 72.74067,
        "activity_lines": [
          61105.733333,
          60268.445455,
          59817.392857,
          58718.201075
        ]
      },
      {
        "date": "2025-02-14",
        "close": 59627.5,
        "volume": 390,
        "typical_volume": 711.25,
        "trend": 57292.866667,
        "fair_value": 47309.102564,
        "relative_strength": 1.350357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.238513,
        "energy": 53.278572,
        "activity_lines": [
          60679.6,
          60235.145455,
          59871.395238,
          58884.223656
        ]
      },
      {
        "date": "2025-02-21",
        "close": 58823.5,
        "volume": 259,
        "typical_volume": 717.95,
        "trend": 57477.65,
        "fair_value": 47438.564103,
        "relative_strength": 0.78312,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 36.274775,
        "energy": 24.485987,
        "activity_lines": [
          59931.733333,
          60063.009091,
          59827.27619,
          58982.974194
        ]
      },
      {
        "date": "2025-02-28",
        "close": 58679.0,
        "volume": 611,
        "typical_volume": 740.15,
        "trend": 57712.116667,
        "fair_value": 47562.067308,
        "relative_strength": -1.160356,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.694164,
        "energy": 18.967457,
        "activity_lines": [
          59339.833333,
          59875.736364,
          59755.321429,
          59060.480645
        ]
      },
      {
        "date": "2025-03-07",
        "close": 55855.0,
        "volume": 1000,
        "typical_volume": 732.5,
        "trend": 57820.7,
        "fair_value": 47664.657051,
        "relative_strength": -4.426202,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -24.447468,
        "energy": 34.495248,
        "activity_lines": [
          58021.466667,
          59162.809091,
          59408.592857,
          58940.666667
        ]
      },
      {
        "date": "2025-03-14",
        "close": 55207.0,
        "volume": 475,
        "typical_volume": 736.75,
        "trend": 57883.516667,
        "fair_value": 47758.310897,
        "relative_strength": -4.933341,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -46.712179,
        "energy": 54.778197,
        "activity_lines": [
          56851.1,
          58369.318182,
          59010.52619,
          58772.04086
        ]
      },
      {
        "date": "2025-03-21",
        "close": 55776.0,
        "volume": 259,
        "typical_volume": 665.5,
        "trend": 57971.366667,
        "fair_value": 47851.426282,
        "relative_strength": -4.020557,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.80354,
        "energy": 67.921949,
        "activity_lines": [
          56230.3,
          57733.654545,
          58675.007143,
          58636.072043
        ]
      },
      {
        "date": "2025-03-28",
        "close": 55255.0,
        "volume": 270,
        "typical_volume": 637.2,
        "trend": 58019.7,
        "fair_value": 47942.217949,
        "relative_strength": -4.940516,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.166964,
        "energy": 73.84092,
        "activity_lines": [
          55692.6,
          57058.636364,
          58293.259524,
          58460.822581
        ]
      },
      {
        "date": "2025-04-04",
        "close": 51026.5,
        "volume": 2630,
        "typical_volume": 710.55,
        "trend": 57987.733333,
        "fair_value": 48009.105769,
        "relative_strength": -5.509704,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -67.150761,
        "energy": 85.191916,
        "activity_lines": [
          53983.3,
          55735.354545,
          57530.447619,
          58009.648387
        ]
      },
      {
        "date": "2025-04-11",
        "close": 51500.0,
        "volume": 633,
        "typical_volume": 558.05,
        "trend": 57909.75,
        "fair_value": 48079.423077,
        "relative_strength": -3.476554,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -82.586799,
        "energy": 88.050197,
        "activity_lines": [
          52942.0,
          54695.9,
          56855.633333,
          57591.084946
        ]
      },
      {
        "date": "2025-04-18",
        "close": 51800.0,
        "volume": 363,
        "typical_volume": 549.85,
        "trend": 57825.3,
        "fair_value": 48149.586538,
        "relative_strength": -6.455737,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.367946,
        "energy": 87.656943,
        "activity_lines": [
          52291.033333,
          53889.445455,
          56257.995238,
          57196.907527
        ]
      },
      {
        "date": "2025-04-25",
        "close": 52930.0,
        "volume": 1734,
        "typical_volume": 605.45,
        "trend": 57752.9,
        "fair_value": 48227.589744,
        "relative_strength": -5.934816,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.061799,
        "energy": 78.244912,
        "activity_lines": [
          52243.866667,
          53448.545455,
          55814.871429,
          56881.08172
        ]
      },
      {
        "date": "2025-05-02",
        "close": 55200.0,
        "volume": 96,
        "typical_volume": 593.25,
        "trend": 57730.633333,
        "fair_value": 48320.711538,
        "relative_strength": -3.964908,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.20442,
        "energy": 52.029534,
        "activity_lines": [
          53143.1,
          53542.145455,
          55621.754762,
          56716.378495
        ]
      },
      {
        "date": "2025-05-09",
        "close": 55835.0,
        "volume": 172,
        "typical_volume": 566.4,
        "trend": 57676.583333,
        "fair_value": 48421.137821,
        "relative_strength": -2.411203,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.29703,
        "energy": 32.60678,
        "activity_lines": [
          54257.666667,
          53817.081818,
          55509.285714,
          56594.07957
        ]
      },
      {
        "date": "2025-05-16",
        "close": 58925.0,
        "volume": 1133,
        "typical_volume": 616.45,
        "trend": 57706.283333,
        "fair_value": 48558.13141,
        "relative_strength": 1.31323,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.831639,
        "energy": 21.054566,
        "activity_lines": [
          56081.666667,
          54705.545455,
          55701.45,
          56674.622581
        ]
      },
      {
        "date": "2025-05-23",
        "close": 57060.0,
        "volume": 1420,
        "typical_volume": 647.65,
        "trend": 57709.55,
        "fair_value": 48670.339744,
        "relative_strength": -2.323207,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.03839,
        "energy": 26.713449,
        "activity_lines": [
          56789.0,
          55199.1,
          55711.133333,
          56632.926882
        ]
      },
      {
        "date": "2025-05-30",
        "close": 57950.0,
        "volume": 26,
        "typical_volume": 643.8,
        "trend": 57758.283333,
        "fair_value": 48788.951923,
        "relative_strength": -1.517004,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 1.537725,
        "energy": 22.719867,
        "activity_lines": [
          57442.333333,
          55820.781818,
          55810.995238,
          56648.439785
        ]
      },
      {
        "date": "2025-06-06",
        "close": 58600.0,
        "volume": 1085,
        "typical_volume": 674.1,
        "trend": 57718.233333,
        "fair_value": 48915.647436,
        "relative_strength": -1.235784,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 26.427654,
        "energy": 34.35055,
        "activity_lines": [
          57977.666667,
          56521.118182,
          55976.911905,
          56702.744086
        ]
      },
      {
        "date": "2025-06-13",
        "close": 57840.0,
        "volume": 215,
        "typical_volume": 674.0,
        "trend": 57645.033333,
        "fair_value": 49049.61859,
        "relative_strength": -2.720219,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 19.796805,
        "energy": 29.450766,
        "activity_lines": [
          58033.0,
          57022.454545,
          56086.092857,
          56710.6
        ]
      },
      {
        "date": "2025-06-20",
        "close": 58120.0,
        "volume": 231,
        "typical_volume": 661.65,
        "trend": 57525.466667,
        "fair_value": 49178.5,
        "relative_strength": -1.469582,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 22.268324,
        "energy": 35.169433,
        "activity_lines": [
          58048.0,
          57450.818182,
          56241.283333,
          56741.243011
        ]
      },
      {
        "date": "2025-06-27",
        "close": 58800.0,
        "volume": 383,
        "typical_volume": 669.25,
        "trend": 57430.533333,
        "fair_value": 49310.064103,
        "relative_strength": -0.661256,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.555315,
        "energy": 38.742432,
        "activity_lines": [
          58343.333333,
          57882.454545,
          56476.45,
          56823.470968
        ]
      },
      {
        "date": "2025-07-04",
        "close": 59745.0,
        "volume": 225,
        "typical_volume": 661.0,
        "trend": 57420.983333,
        "fair_value": 49444.698718,
        "relative_strength": 0.505396,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.836895,
        "energy": 45.087993,
        "activity_lines": [
          58837.666667,
          58358.636364,
          56810.214286,
          56972.791398
        ]
      },
      {
        "date": "2025-07-11",
        "close": 61170.0,
        "volume": 75,
        "typical_volume": 651.8,
        "trend": 57478.783333,
        "fair_value": 49589.134615,
        "relative_strength": 1.389171,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 57.756929,
        "energy": 72.409855,
        "activity_lines": [
          59687.333333,
          58970.0,
          57279.133333,
          57214.663441
        ]
      },
      {
        "date": "2025-07-18",
        "close": 61970.0,
        "volume": 23,
        "typical_volume": 622.4,
        "trend": 57610.85,
        "fair_value": 49730.50641,
        "relative_strength": 1.999305,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 58.111567,
        "energy": 80.297315,
        "activity_lines": [
          60632.333333,
          59618.272727,
          57813.069048,
          57504.419355
        ]
      },
      {
        "date": "2025-07-25",
        "close": 62970.0,
        "volume": 264,
        "typical_volume": 585.6,
        "trend": 57779.716667,
        "fair_value": 49870.5,
        "relative_strength": 2.050668,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 87.897756,
        "energy": 94.393431,
        "activity_lines": [
          61635.333333,
          60336.818182,
          58426.571429,
          57850.170968
        ]
      },
      {
        "date": "2025-08-01",
        "close": 61900.0,
        "volume": 147,
        "typical_volume": 569.2,
        "trend": 57903.133333,
        "fair_value": 49999.474359,
        "relative_strength": 0.743014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.086954,
        "energy": 87.848444,
        "activity_lines": [
          61958.333333,
          60787.272727,
          58904.288095,
          58115.995699
        ]
      },
      {
        "date": "2025-08-08",
        "close": 61650.0,
        "volume": 1061,
        "typical_volume": 609.3,
        "trend": 57997.416667,
        "fair_value": 50118.233974,
        "relative_strength": -0.058849,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.461524,
        "energy": 86.430395,
        "activity_lines": [
          61991.333333,
          61104.272727,
          59326.32381,
          58357.729032
        ]
      },
      {
        "date": "2025-08-15",
        "close": 60920.0,
        "volume": 618,
        "typical_volume": 626.7,
        "trend": 57965.233333,
        "fair_value": 50225.849359,
        "relative_strength": -1.778838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.535126,
        "energy": 82.237701,
        "activity_lines": [
          61654.0,
          61221.272727,
          59650.864286,
          58546.282796
        ]
      },
      {
        "date": "2025-08-22",
        "close": 62310.0,
        "volume": 571,
        "typical_volume": 523.75,
        "trend": 57978.833333,
        "fair_value": 50346.176282,
        "relative_strength": -1.589293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.201457,
        "energy": 70.941852,
        "activity_lines": [
          61796.666667,
          61548.818182,
          60080.809524,
          58826.590323
        ]
      },
      {
        "date": "2025-08-29",
        "close": 61655.0,
        "volume": 188,
        "typical_volume": 501.5,
        "trend": 57990.166667,
        "fair_value": 50466.512821,
        "relative_strength": -1.282841,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.653592,
        "energy": 58.44541,
        "activity_lines": [
          61698.333333,
          61676.0,
          60394.642857,
          59063.762366
        ]
      },
      {
        "date": "2025-09-05",
        "close": 60815.0,
        "volume": 447,
        "typical_volume": 505.7,
        "trend": 57997.15,
        "fair_value": 50578.564103,
        "relative_strength": -2.917565,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.103032,
        "energy": 49.610146,
        "activity_lines": [
          61407.666667,
          61586.181818,
          60580.119048,
          59246.009677
        ]
      },
      {
        "date": "2025-09-12",
        "close": 61595.0,
        "volume": 590,
        "typical_volume": 448.5,
        "trend": 58062.733333,
        "fair_value": 50709.926282,
        "relative_strength": -2.502925,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.365021,
        "energy": 49.255333,
        "activity_lines": [
          61449.333333,
          61601.545455,
          60796.952381,
          59478.129032
        ]
      },
      {
        "date": "2025-09-19",
        "close": 61965.0,
        "volume": 459,
        "typical_volume": 466.65,
        "trend": 58167.45,
        "fair_value": 50843.314103,
        "relative_strength": -1.242353,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.749919,
        "energy": 46.189491,
        "activity_lines": [
          61618.0,
          61650.545455,
          61007.761905,
          59729.888172
        ]
      },
      {
        "date": "2025-09-26",
        "close": 62695.0,
        "volume": 123,
        "typical_volume": 464.2,
        "trend": 58301.316667,
        "fair_value": 50987.769231,
        "relative_strength": -0.848256,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.442979,
        "energy": 55.877808,
        "activity_lines": [
          61960.333333,
          61817.818182,
          61255.880952,
          60021.988172
        ]
      },
      {
        "date": "2025-10-03",
        "close": 63300.0,
        "volume": 68,
        "typical_volume": 410.95,
        "trend": 58549.483333,
        "fair_value": 51132.842949,
        "relative_strength": -2.04803,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.230354,
        "energy": 65.237789,
        "activity_lines": [
          62478.666667,
          62081.909091,
          61528.952381,
          60344.483871
        ]
      },
      {
        "date": "2025-10-10",
        "close": 62515.0,
        "volume": 554,
        "typical_volume": 367.65,
        "trend": 58793.083333,
        "fair_value": 51274.785256,
        "relative_strength": -2.51719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.270643,
        "energy": 58.418343,
        "activity_lines": [
          62625.666667,
          62197.272727,
          61706.428571,
          60600.323656
        ]
      },
      {
        "date": "2025-10-17",
        "close": 62190.0,
        "volume": 162,
        "typical_volume": 374.45,
        "trend": 59006.883333,
        "fair_value": 51409.294872,
        "relative_strength": -2.186611,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.002684,
        "energy": 54.23862,
        "activity_lines": [
          62551.0,
          62242.363636,
          61826.97619,
          60819.47957
        ]
      },
      {
        "date": "2025-10-24",
        "close": 63715.0,
        "volume": 84,
        "typical_volume": 324.4,
        "trend": 59288.883333,
        "fair_value": 51543.00641,
        "relative_strength": -2.728846,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.076642,
        "energy": 60.966537,
        "activity_lines": [
          62945.0,
          62554.909091,
          62072.571429,
          61123.229032
        ]
      },
      {
        "date": "2025-10-31",
        "close": 64925.0,
        "volume": 470,
        "typical_volume": 337.15,
        "trend": 59752.166667,
        "fair_value": 51676.307692,
        "relative_strength": -1.549767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.487414,
        "energy": 66.360783,
        "activity_lines": [
          63625.666667,
          63036.636364,
          62409.047619,
          61486.849462
        ]
      },
      {
        "date": "2025-11-07",
        "close": 63435.0,
        "volume": 387,
        "typical_volume": 344.95,
        "trend": 60150.0,
        "fair_value": 51795.939103,
        "relative_strength": -3.229511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.664513,
        "energy": 55.290403,
        "activity_lines": [
          63661.0,
          63199.909091,
          62569.880952,
          61724.451613
        ]
      },
      {
        "date": "2025-11-14",
        "close": 63935.0,
        "volume": 114,
        "typical_volume": 331.5,
        "trend": 60554.5,
        "fair_value": 51922.487179,
        "relative_strength": -2.389154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.062041,
        "energy": 54.851697,
        "activity_lines": [
          63854.0,
          63421.727273,
          62753.02381,
          61968.645161
        ]
      },
      {
        "date": "2025-11-21",
        "close": 62575.0,
        "volume": 654,
        "typical_volume": 352.95,
        "trend": 60876.0,
        "fair_value": 52038.759615,
        "relative_strength": -2.624093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.090026,
        "energy": 45.560731,
        "activity_lines": [
          63499.0,
          63339.545455,
          62782.190476,
          62099.0
        ]
      },
      {
        "date": "2025-11-28",
        "close": 63950.0,
        "volume": 118,
        "typical_volume": 355.1,
        "trend": 61167.666667,
        "fair_value": 52166.125,
        "relative_strength": -2.095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.981466,
        "energy": 40.386425,
        "activity_lines": [
          63576.666667,
          63489.545455,
          62928.833333,
          62297.322581
        ]
      },
      {
        "date": "2025-12-05",
        "close": 64000.0,
        "volume": 39,
        "typical_volume": 355.9,
        "trend": 61439.833333,
        "fair_value": 52300.724359,
        "relative_strength": -1.305378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.87427,
        "energy": 38.911624,
        "activity_lines": [
          63655.333333,
          63612.545455,
          63067.0,
          62480.053763
        ]
      },
      {
        "date": "2025-12-12",
        "close": 64645.0,
        "volume": 238,
        "typical_volume": 354.6,
        "trend": 61630.5,
        "fair_value": 52442.189103,
        "relative_strength": 0.007431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.298329,
        "energy": 42.096415,
        "activity_lines": [
          64010.666667,
          63829.090909,
          63256.928571,
          62686.83871
        ]
      },
      {
        "date": "2025-12-19",
        "close": 64040.0,
        "volume": 317,
        "typical_volume": 363.1,
        "trend": 61863.166667,
        "fair_value": 52575.592949,
        "relative_strength": -3.219178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.133654,
        "energy": 40.876282,
        "activity_lines": [
          64083.666667,
          63911.181818,
          63381.261905,
          62842.290323
        ]
      },
      {
        "date": "2025-12-26",
        "close": 64175.0,
        "volume": 152,
        "typical_volume": 317.65,
        "trend": 62070.666667,
        "fair_value": 52708.820513,
        "relative_strength": -2.583737,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.466854,
        "energy": 39.909062,
        "activity_lines": [
          64194.666667,
          63990.090909,
          63508.261905,
          62991.44086
        ]
      },
      {
        "date": "2026-01-02",
        "close": 64415.0,
        "volume": 312,
        "typical_volume": 302.35,
        "trend": 62264.5,
        "fair_value": 52836.657051,
        "relative_strength": -2.84051,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.910697,
        "energy": 40.670584,
        "activity_lines": [
          64279.0,
          64076.545455,
          63646.095238,
          63142.688172
        ]
      },
      {
        "date": "2026-01-09",
        "close": 66630.0,
        "volume": 212,
        "typical_volume": 284.4,
        "trend": 62557.5,
        "fair_value": 52978.657051,
        "relative_strength": -1.064654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.753648,
        "energy": 63.577593,
        "activity_lines": [
          65070.666667,
          64553.0,
          63978.238095,
          63424.333333
        ]
      },
      {
        "date": "2026-01-16",
        "close": 68955.0,
        "volume": 451,
        "typical_volume": 297.55,
        "trend": 62918.666667,
        "fair_value": 53149.740385,
        "relative_strength": 1.438371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.382987,
        "energy": 89.285475,
        "activity_lines": [
          66462.0,
          65421.181818,
          64511.238095,
          63837.075269
        ]
      },
      {
        "date": "2026-01-23",
        "close": 67085.0,
        "volume": 612,
        "typical_volume": 305.8,
        "trend": 63194.833333,
        "fair_value": 53301.157051,
        "relative_strength": -0.225778,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.974548,
        "energy": 84.208538,
        "activity_lines": [
          66942.666667,
          65849.0,
          64831.380952,
          64105.870968
        ]
      },
      {
        "date": "2026-01-30",
        "close": 66245.0,
        "volume": 857,
        "typical_volume": 319.15,
        "trend": 63411.5,
        "fair_value": 53433.900641,
        "relative_strength": -2.079655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.405684,
        "energy": 81.912185,
        "activity_lines": [
          66940.333333,
          66066.818182,
          65041.666667,
          64302.655914
        ]
      },
      {
        "date": "2026-02-06",
        "close": 69925.0,
        "volume": 829,
        "typical_volume": 337.65,
        "trend": 63703.333333,
        "fair_value": 53594.160256,
        "relative_strength": 1.967692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.875947,
        "energy": 92.555136,
        "activity_lines": [
          68026.666667,
          66887.0,
          65580.285714,
          64722.88172
        ]
      },
      {
        "date": "2026-02-13",
        "close": 70875.0,
        "volume": 999,
        "typical_volume": 381.45,
        "trend": 64000.166667,
        "fair_value": 53757.791667,
        "relative_strength": 2.608172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.0931,
        "energy": 92.944566,
        "activity_lines": [
          69062.333333,
          67771.272727,
          66171.47619,
          65185.569892
        ]
      },
      {
        "date": "2026-02-20",
        "close": 72335.0,
        "volume": 1035,
        "typical_volume": 429.8,
        "trend": 64312.333333,
        "fair_value": 53936.176282,
        "relative_strength": 2.372465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.67469,
        "energy": 95.367827,
        "activity_lines": [
          70301.666667,
          68796.0,
          66862.761905,
          65723.301075
        ]
      },
      {
        "date": "2026-02-27",
        "close": 72240.0,
        "volume": 503,
        "typical_volume": 427.25,
        "trend": 64657.0,
        "fair_value": 54105.990385,
        "relative_strength": 0.153385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.2248,
        "energy": 93.269241,
        "activity_lines": [
          71284.0,
          69663.636364,
          67501.97619,
          66234.763441
        ]
      },
      {
        "date": "2026-03-06",
        "close": 71400.0,
        "volume": 564,
        "typical_volume": 447.35,
        "trend": 64982.0,
        "fair_value": 54278.019231,
        "relative_strength": 4.85725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.85057,
        "energy": 86.640431,
        "activity_lines": [
          71642.666667,
          70229.454545,
          68014.880952,
          66669.795699
        ]
      },
      {
        "date": "2026-03-13",
        "close": 68780.0,
        "volume": 939,
        "typical_volume": 490.1,
        "trend": 65244.0,
        "fair_value": 54448.189103,
        "relative_strength": 1.151505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.46432,
        "energy": 64.146863,
        "activity_lines": [
          70784.333333,
          70187.545455,
          68234.404762,
          66914.827957
        ]
      },
      {
        "date": "2026-03-20",
        "close": 67360.0,
        "volume": 262,
        "typical_volume": 479.7,
        "trend": 65412.333333,
        "fair_value": 54610.551282,
        "relative_strength": 2.386716,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.142174,
        "energy": 42.502629,
        "activity_lines": [
          69529.0,
          69808.090909,
          68294.571429,
          67051.344086
        ]
      },
      {
        "date": "2026-03-27",
        "close": 66775.0,
        "volume": 374,
        "typical_volume": 479.05,
        "trend": 65583.0,
        "fair_value": 54759.5,
        "relative_strength": 0.90449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.529158,
        "energy": 26.759898,
        "activity_lines": [
          68313.0,
          69309.0,
          68287.428571,
          67139.258065
        ]
      },
      {
        "date": "2026-04-03",
        "close": 68700.0,
        "volume": 648,
        "typical_volume": 505.75,
        "trend": 65845.833333,
        "fair_value": 54930.849359,
        "relative_strength": -0.9221,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.593826,
        "energy": 29.542327,
        "activity_lines": [
          68109.333333,
          69199.545455,
          68447.714286,
          67340.354839
        ]
      },
      {
        "date": "2026-04-10",
        "close": 70860.0,
        "volume": 330,
        "typical_volume": 489.55,
        "trend": 66154.666667,
        "fair_value": 55110.394231,
        "relative_strength": 0.54657,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.896923,
        "energy": 28.853059,
        "activity_lines": [
          68861.666667,
          69453.454545,
          68791.02381,
          67663.849462
        ]
      },
      {
        "date": "2026-04-17",
        "close": 71090.0,
        "volume": 879,
        "typical_volume": 527.6,
        "trend": 66458.833333,
        "fair_value": 55289.173077,
        "relative_strength": 0.121194,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.105497,
        "energy": 36.622349,
        "activity_lines": [
          69726.666667,
          69665.272727,
          69116.785714,
          67982.258065
        ]
      },
      {
        "date": "2026-04-24",
        "close": 70700.0,
        "volume": 2366,
        "typical_volume": 643.95,
        "trend": 66725.666667,
        "fair_value": 55470.544872,
        "relative_strength": 2.185532,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 59.707078,
        "energy": 44.851805,
        "activity_lines": [
          70307.666667,
          69785.0,
          69371.404762,
          68255.88172
        ]
      },
      {
        "date": "2026-05-01",
        "close": 70465.0,
        "volume": 1583,
        "typical_volume": 711.2,
        "trend": 66964.5,
        "fair_value": 55653.708333,
        "relative_strength": 1.884199,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.476513,
        "energy": 49.154917,
        "activity_lines": [
          70587.666667,
          69865.181818,
          69571.738095,
          68497.129032
        ]
      },
      {
        "date": "2026-05-08",
        "close": 70580.0,
        "volume": 422,
        "typical_volume": 716.45,
        "trend": 67233.333333,
        "fair_value": 55836.137821,
        "relative_strength": 3.244671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.769004,
        "energy": 48.60178,
        "activity_lines": [
          70660.0,
          70000.272727,
          69755.309524,
          68730.387097
        ]
      },
      {
        "date": "2026-05-15",
        "close": 71395.0,
        "volume": 811,
        "typical_volume": 749.4,
        "trend": 67540.166667,
        "fair_value": 56020.185897,
        "relative_strength": 4.757389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.436165,
        "energy": 47.096712,
        "activity_lines": [
          70878.666667,
          70313.727273,
          69985.357143,
          68998.88172
        ]
      },
      {
        "date": "2026-05-22",
        "close": 70820.0,
        "volume": 798,
        "typical_volume": 773.7,
        "trend": 67777.0,
        "fair_value": 56202.009615,
        "relative_strength": 1.159663,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.580398,
        "energy": 37.240493,
        "activity_lines": [
          70870.0,
          70522.727273,
          70126.261905,
          69210.483871
        ]
      },
      {
        "date": "2026-05-29",
        "close": 71380.0,
        "volume": 636,
        "typical_volume": 794.9,
        "trend": 67992.166667,
        "fair_value": 56384.192308,
        "relative_strength": 2.443848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.823634,
        "energy": 38.794929,
        "activity_lines": [
          71066.0,
          70796.454545,
          70290.0,
          69442.935484
        ]
      },
      {
        "date": "2026-06-05",
        "close": 72770.0,
        "volume": 4,
        "typical_volume": 772.55,
        "trend": 68303.333333,
        "fair_value": 56573.339744,
        "relative_strength": 4.736991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.12272,
        "energy": 49.65273,
        "activity_lines": [
          71680.0,
          71249.818182,
          70563.5,
          69751.182796
        ]
      },
      {
        "date": "2026-06-12",
        "close": 72715.0,
        "volume": 79,
        "typical_volume": 745.9,
        "trend": 68596.0,
        "fair_value": 56757.621795,
        "relative_strength": 3.500987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.734767,
        "energy": 62.35855,
        "activity_lines": [
          72122.0,
          71584.181818,
          70813.595238,
          70035.806452
        ]
      },
      {
        "date": "2026-06-19",
        "close": 75750.0,
        "volume": 6,
        "typical_volume": 703.35,
        "trend": 69035.166667,
        "fair_value": 56963.737179,
        "relative_strength": 8.734985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.77294,
        "energy": 85.265501,
        "activity_lines": [
          73433.333333,
          72397.363636,
          71325.928571,
          70497.354839
        ]
      },
      {
        "date": "2026-06-26",
        "close": 76545.0,
        "volume": 338,
        "typical_volume": 678.8,
        "trend": 69455.0,
        "fair_value": 57165.176282,
        "relative_strength": 8.17688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.710951,
        "energy": 92.389093,
        "activity_lines": [
          74719.333333,
          73266.181818,
          71868.714286,
          70981.860215
        ]
      },
      {
        "date": "2026-07-03",
        "close": 76535.0,
        "volume": 68,
        "typical_volume": 632.25,
        "trend": 69872.833333,
        "fair_value": 57370.666667,
        "relative_strength": 6.310754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.305967,
        "energy": 92.774297,
        "activity_lines": [
          75620.333333,
          74034.0,
          72379.02381,
          71438.634409
        ]
      },
      {
        "date": "2026-07-10",
        "close": 75300.0,
        "volume": 587,
        "typical_volume": 609.85,
        "trend": 70228.0,
        "fair_value": 57569.650641,
        "relative_strength": 6.305116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.884844,
        "energy": 87.524137,
        "activity_lines": [
          75766.0,
          74471.181818,
          72744.761905,
          71788.774194
        ]
      },
      {
        "date": "2026-07-17",
        "close": 74480.0,
        "volume": 311,
        "typical_volume": 600.25,
        "trend": 70576.0,
        "fair_value": 57753.375,
        "relative_strength": 4.084892,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.424735,
        "energy": 77.372002,
        "activity_lines": [
          75469.666667,
          74671.363636,
          73018.285714,
          72063.096774
        ]
      },
      {
        "date": "2026-07-24",
        "close": 76405.0,
        "volume": 774,
        "typical_volume": 610.75,
        "trend": 70983.666667,
        "fair_value": 57948.573718,
        "relative_strength": 5.360789,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.755097,
        "energy": 62.179714,
        "activity_lines": [
          75697.333333,
          75150.636364,
          73464.47619,
          72439.16129
        ]
      },
      {
        "date": "2026-07-31",
        "close": 73800.0,
        "volume": 1583,
        "typical_volume": 642.95,
        "trend": 71296.5,
        "fair_value": 58128.230769,
        "relative_strength": 0.543537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.337867,
        "energy": 39.279479,
        "activity_lines": [
          75013.0,
          75065.181818,
          73638.738095,
          72620.860215
        ]
      },
      {
        "date": "2026-08-07",
        "close": 76165.0,
        "volume": 1575,
        "typical_volume": 708.6,
        "trend": 71614.333333,
        "fair_value": 58322.557692,
        "relative_strength": 3.389918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.152794,
        "energy": 40.961838,
        "activity_lines": [
          75300.0,
          75355.545455,
          74014.333333,
          72934.956989
        ]
      }
    ],
    "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."
    }
  }
}