{
  "ticker": {
    "uuid": "f3922162-c1bc-4ec0-8ba7-b216a3e17b33",
    "symbol": "OLECTRA",
    "name": "Olectra Greentech Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 36.651,
    "architecture_energy": 24.756,
    "architecture_maturity": 69.594,
    "architecture_confidence": 87.116,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 37.6,
        "rotation_up": 23.77,
        "upward_expansion": 57.24,
        "deceleration": 91.08,
        "rotation_down": 29.37,
        "downward_expansion": 20.9
      },
      "activity_lines": [
        1356.513322,
        1387.163632,
        1344.37952,
        1279.230858
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 1385.0,
    "trend_reference": 1196.616667,
    "distance_from_trend": 0.15743,
    "trend_direction": "Improving",
    "fair_value": 1407.567013,
    "distance_from_fair_value": -0.016033,
    "fair_value_direction": "Improving",
    "relative_strength": 8.200905,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.354788,
    "excess_performance": 0.398497,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.15743,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.033348,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.016033,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.01132,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.082009,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.009441,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.354788,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.415291,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1639518,
      "relative_activity": 0.544304,
      "balance": 0.415291,
      "dry_up": 0.473099,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.071986,
      "annualized_volatility": 0.526769,
      "from_high_reference": -0.192043,
      "from_low_reference": 0.5982
    },
    "levels": {
      "trend_reference": 1196.616667,
      "fair_value_reference": 1407.567013,
      "structural_low": 866.599976,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": -0.008752,
        "positive_rate": 0.307692,
        "directional_follow_through": 0.307692,
        "median_excess_return": -0.031122,
        "regime_survival": 0.615385,
        "best_return": 0.178981,
        "worst_return": -0.220671,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.057875,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.133286,
        "regime_survival": 0.2,
        "best_return": 0.672037,
        "worst_return": -0.299738,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.141032,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.139769,
        "regime_survival": 0.0,
        "best_return": 0.679001,
        "worst_return": -0.176478,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.061451,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.225009,
        "regime_survival": 0.0,
        "best_return": 0.31773,
        "worst_return": -0.440631,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-29",
        "end": "2024-06-21",
        "tenure": "Established",
        "return": -0.062191,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-28",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.122046,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-16",
        "end": "2024-10-04",
        "tenure": "Developing",
        "return": 0.021972,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-11",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.190942,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-05-16",
        "tenure": "Established",
        "return": -0.073945,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.144967,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-08",
        "tenure": "New",
        "return": -0.02619,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-15",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.028293,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.115012,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-05",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": -0.050657,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-16",
        "end": "2026-04-24",
        "tenure": "Established",
        "return": 0.085658,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": 0.040462,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-19",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": -0.128988,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1191.841187,
        "volume": 8784847,
        "typical_volume": 10240145.95,
        "trend": 783.904348,
        "fair_value": 495.115806,
        "relative_strength": 64.368722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.401296,
        "energy": 43.121257,
        "activity_lines": [
          1139.749732,
          1156.0663,
          1023.308887,
          920.108909
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1210.975708,
        "volume": 4010545,
        "typical_volume": 10205946.7,
        "trend": 808.799317,
        "fair_value": 502.416966,
        "relative_strength": 65.02097,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.017823,
        "energy": 41.103076,
        "activity_lines": [
          1156.462932,
          1172.158798,
          1052.401904,
          947.6619
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1239.103149,
        "volume": 3747498,
        "typical_volume": 10221123.45,
        "trend": 834.440356,
        "fair_value": 509.918592,
        "relative_strength": 65.093972,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.791164,
        "energy": 43.490033,
        "activity_lines": [
          1186.761898,
          1188.1741,
          1081.539178,
          975.423438
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1245.148315,
        "volume": 2138830,
        "typical_volume": 9870781.65,
        "trend": 860.412796,
        "fair_value": 517.472412,
        "relative_strength": 60.448975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.999197,
        "energy": 51.579026,
        "activity_lines": [
          1214.88929,
          1199.488643,
          1108.405188,
          1001.920726
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1253.541504,
        "volume": 5492089,
        "typical_volume": 9963215.75,
        "trend": 888.123836,
        "fair_value": 525.060511,
        "relative_strength": 56.435469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.802214,
        "energy": 51.554927,
        "activity_lines": [
          1238.626855,
          1207.352315,
          1133.370578,
          1027.283868
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1202.376099,
        "volume": 1283048,
        "typical_volume": 9896299.25,
        "trend": 912.217566,
        "fair_value": 532.348791,
        "relative_strength": 52.041755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.369592,
        "energy": 46.213265,
        "activity_lines": [
          1230.044897,
          1205.502606,
          1150.641057,
          1047.558208
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1200.2771,
        "volume": 1030152,
        "typical_volume": 9558854.45,
        "trend": 934.880756,
        "fair_value": 539.637378,
        "relative_strength": 50.127629,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.665336,
        "energy": 40.595369,
        "activity_lines": [
          1220.060946,
          1206.365254,
          1165.054514,
          1066.142694
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1189.08252,
        "volume": 741549,
        "typical_volume": 9395298.05,
        "trend": 951.065706,
        "fair_value": 546.861885,
        "relative_strength": 46.875122,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.638228,
        "energy": 36.466122,
        "activity_lines": [
          1207.058708,
          1206.535214,
          1175.799187,
          1082.542807
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1173.789795,
        "volume": 1302618,
        "typical_volume": 9102469.55,
        "trend": 969.137305,
        "fair_value": 554.002445,
        "relative_strength": 42.619614,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.195568,
        "energy": 27.250346,
        "activity_lines": [
          1192.293604,
          1203.692336,
          1182.649186,
          1096.912104
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1117.716553,
        "volume": 855492,
        "typical_volume": 8543157.4,
        "trend": 985.358116,
        "fair_value": 560.787401,
        "relative_strength": 35.724585,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.806808,
        "energy": 19.214481,
        "activity_lines": [
          1163.594654,
          1189.991509,
          1181.877691,
          1106.497861
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1135.757935,
        "volume": 2742049,
        "typical_volume": 8193320.8,
        "trend": 1002.59164,
        "fair_value": 567.690887,
        "relative_strength": 39.733987,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.509772,
        "energy": 14.792881,
        "activity_lines": [
          1149.964494,
          1177.877462,
          1181.164732,
          1116.201076
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1176.138672,
        "volume": 2606758,
        "typical_volume": 7136520.45,
        "trend": 1019.872233,
        "fair_value": 574.851944,
        "relative_strength": 41.403421,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.419261,
        "energy": 13.661491,
        "activity_lines": [
          1154.235791,
          1174.125062,
          1182.737756,
          1127.397658
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1161.995483,
        "volume": 1920915,
        "typical_volume": 6806334.55,
        "trend": 1037.230943,
        "fair_value": 581.908898,
        "relative_strength": 36.505586,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.256255,
        "energy": 12.837411,
        "activity_lines": [
          1155.401921,
          1168.434575,
          1181.77008,
          1136.5669
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1195.629395,
        "volume": 2016651,
        "typical_volume": 6550882.0,
        "trend": 1054.480109,
        "fair_value": 589.175053,
        "relative_strength": 36.433687,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.497814,
        "energy": 15.4066,
        "activity_lines": [
          1169.585156,
          1170.261302,
          1182.853798,
          1146.786155
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1216.019531,
        "volume": 8683760,
        "typical_volume": 5547357.7,
        "trend": 1072.983484,
        "fair_value": 596.535108,
        "relative_strength": 36.315704,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.97829,
        "energy": 25.398261,
        "activity_lines": [
          1189.109131,
          1176.69567,
          1184.811762,
          1157.208053
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1199.227661,
        "volume": 1515449,
        "typical_volume": 3623943.4,
        "trend": 1091.478353,
        "fair_value": 603.536608,
        "relative_strength": 29.487189,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.54125,
        "energy": 24.813472,
        "activity_lines": [
          1196.482283,
          1180.759189,
          1185.241644,
          1165.352839
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1231.662231,
        "volume": 3626513,
        "typical_volume": 3509597.15,
        "trend": 1110.742959,
        "fair_value": 610.785388,
        "relative_strength": 26.939987,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 56.224954,
        "energy": 33.827661,
        "activity_lines": [
          1210.435644,
          1190.777146,
          1189.585856,
          1174.39696
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1280.338989,
        "volume": 6953256,
        "typical_volume": 3352644.05,
        "trend": 1130.852415,
        "fair_value": 618.280268,
        "relative_strength": 27.41076,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 66.929896,
        "energy": 48.769738,
        "activity_lines": [
          1236.913021,
          1209.074785,
          1198.768154,
          1185.33864
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1228.513672,
        "volume": 4783035,
        "typical_volume": 3414950.1,
        "trend": 1148.644834,
        "fair_value": 625.426933,
        "relative_strength": 21.316956,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 53.825777,
        "energy": 41.06331,
        "activity_lines": [
          1238.225724,
          1216.29043,
          1202.519302,
          1191.639366
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1346.157593,
        "volume": 10814228,
        "typical_volume": 3752464.1,
        "trend": 1167.87738,
        "fair_value": 633.211869,
        "relative_strength": 28.789418,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 73.606697,
        "energy": 60.265782,
        "activity_lines": [
          1276.560783,
          1243.900899,
          1217.040448,
          1204.382124
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1452.106934,
        "volume": 18068704,
        "typical_volume": 4216656.95,
        "trend": 1189.340951,
        "fair_value": 641.649084,
        "relative_strength": 36.919855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.657695,
        "energy": 75.037087,
        "activity_lines": [
          1341.536418,
          1286.621411,
          1240.120665,
          1222.719515
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1684.795898,
        "volume": 35157955,
        "typical_volume": 5774027.45,
        "trend": 1214.652297,
        "fair_value": 651.568614,
        "relative_strength": 54.502428,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.043817,
        "energy": 87.954215,
        "activity_lines": [
          1467.216423,
          1365.897208,
          1284.122375,
          1254.68435
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1666.70459,
        "volume": 3887297,
        "typical_volume": 5781017.4,
        "trend": 1239.538792,
        "fair_value": 661.42338,
        "relative_strength": 51.791762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.719375,
        "energy": 91.039384,
        "activity_lines": [
          1556.65708,
          1432.635363,
          1324.144817,
          1283.849014
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1696.990112,
        "volume": 3330019,
        "typical_volume": 5840576.85,
        "trend": 1263.724512,
        "fair_value": 671.419478,
        "relative_strength": 53.417147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.369279,
        "energy": 91.784953,
        "activity_lines": [
          1630.435205,
          1495.703447,
          1365.015397,
          1313.362003
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1785.797729,
        "volume": 10977143,
        "typical_volume": 6114829.55,
        "trend": 1282.219116,
        "fair_value": 681.74226,
        "relative_strength": 54.564506,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.830838,
        "energy": 93.081154,
        "activity_lines": [
          1702.584106,
          1565.802721,
          1412.192217,
          1347.044146
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1998.796143,
        "volume": 13565451,
        "typical_volume": 6728949.7,
        "trend": 1303.094128,
        "fair_value": 693.336964,
        "relative_strength": 69.517172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.660826,
        "energy": 95.68686,
        "activity_lines": [
          1816.423136,
          1664.269376,
          1477.120047,
          1393.274922
        ]
      },
      {
        "date": "2024-02-16",
        "close": 2005.442993,
        "volume": 11762769,
        "typical_volume": 7265580.55,
        "trend": 1327.471395,
        "fair_value": 705.078291,
        "relative_strength": 64.154375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.602189,
        "energy": 90.740516,
        "activity_lines": [
          1896.031836,
          1749.40694,
          1538.888435,
          1438.587752
        ]
      },
      {
        "date": "2024-02-23",
        "close": 2033.229614,
        "volume": 16760664,
        "typical_volume": 8066536.3,
        "trend": 1356.035592,
        "fair_value": 716.95133,
        "relative_strength": 61.548659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.505731,
        "energy": 83.474509,
        "activity_lines": [
          1963.526269,
          1825.527876,
          1599.469043,
          1484.12054
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1961.463867,
        "volume": 6201360,
        "typical_volume": 8311473.4,
        "trend": 1383.506555,
        "fair_value": 728.329448,
        "relative_strength": 51.96391,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.572649,
        "energy": 66.850113,
        "activity_lines": [
          1982.663786,
          1874.911574,
          1649.195071,
          1523.180429
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1896.494873,
        "volume": 3130807,
        "typical_volume": 8425239.15,
        "trend": 1412.570528,
        "fair_value": 739.034741,
        "relative_strength": 43.81749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.993167,
        "energy": 62.718824,
        "activity_lines": [
          1962.513387,
          1899.156361,
          1688.982747,
          1556.276449
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1747.915771,
        "volume": 12771226,
        "typical_volume": 8926698.0,
        "trend": 1431.106348,
        "fair_value": 748.885218,
        "relative_strength": 33.521871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.605218,
        "energy": 45.325849,
        "activity_lines": [
          1885.456811,
          1886.380633,
          1710.911563,
          1577.911626
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1784.798218,
        "volume": 6771438,
        "typical_volume": 9134932.0,
        "trend": 1450.233765,
        "fair_value": 758.956439,
        "relative_strength": 33.999331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.416356,
        "energy": 33.830378,
        "activity_lines": [
          1837.419743,
          1874.932462,
          1733.437957,
          1600.730457
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1887.64917,
        "volume": 6806419,
        "typical_volume": 9379207.2,
        "trend": 1471.851965,
        "fair_value": 769.652076,
        "relative_strength": 38.105603,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.725649,
        "energy": 28.619155,
        "activity_lines": [
          1838.375977,
          1880.36624,
          1762.8613,
          1628.950805
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1919.883789,
        "volume": 5028966,
        "typical_volume": 9529822.95,
        "trend": 1494.343148,
        "fair_value": 780.552104,
        "relative_strength": 37.233406,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.419639,
        "energy": 29.191913,
        "activity_lines": [
          1859.782446,
          1887.643683,
          1791.899113,
          1657.856084
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1825.178955,
        "volume": 3070751,
        "typical_volume": 9249172.5,
        "trend": 1513.397729,
        "fair_value": 791.008914,
        "relative_strength": 28.636183,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.117315,
        "energy": 30.070658,
        "activity_lines": [
          1852.392643,
          1873.649454,
          1808.468588,
          1679.20033
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1753.413208,
        "volume": 3677973,
        "typical_volume": 9357298.7,
        "trend": 1531.765633,
        "fair_value": 801.054974,
        "relative_strength": 24.114664,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.537235,
        "energy": 26.62568,
        "activity_lines": [
          1825.835319,
          1845.890885,
          1815.302471,
          1694.6852
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1744.467529,
        "volume": 6066129,
        "typical_volume": 9479279.5,
        "trend": 1549.905314,
        "fair_value": 811.075694,
        "relative_strength": 20.480834,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.469308,
        "energy": 18.635691,
        "activity_lines": [
          1795.929606,
          1820.967336,
          1818.645405,
          1708.407902
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1709.28418,
        "volume": 1939031,
        "typical_volume": 9228568.25,
        "trend": 1567.245369,
        "fair_value": 820.895203,
        "relative_strength": 16.357943,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.702187,
        "energy": 15.157931,
        "activity_lines": [
          1756.984823,
          1794.391823,
          1816.195615,
          1718.69041
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1608.482422,
        "volume": 2052642,
        "typical_volume": 9092048.6,
        "trend": 1581.735124,
        "fair_value": 830.056706,
        "relative_strength": 10.375044,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.555569,
        "energy": 16.631037,
        "activity_lines": [
          1696.330453,
          1755.378635,
          1802.10306,
          1721.350865
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1693.741699,
        "volume": 3090573,
        "typical_volume": 8705865.85,
        "trend": 1600.935962,
        "fair_value": 839.770183,
        "relative_strength": 12.845329,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.107309,
        "energy": 18.032977,
        "activity_lines": [
          1684.855933,
          1738.284979,
          1794.321062,
          1728.577096
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1783.498779,
        "volume": 5564813,
        "typical_volume": 8080671.3,
        "trend": 1622.527323,
        "fair_value": 850.055825,
        "relative_strength": 14.955977,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.310718,
        "energy": 14.500699,
        "activity_lines": [
          1712.062923,
          1741.197212,
          1793.432195,
          1740.355342
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1745.317017,
        "volume": 4732409,
        "typical_volume": 6559394.0,
        "trend": 1641.499935,
        "fair_value": 860.14536,
        "relative_strength": 13.462825,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.048871,
        "energy": 11.054773,
        "activity_lines": [
          1724.536955,
          1736.520344,
          1787.328913,
          1748.277258
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1747.365967,
        "volume": 5332163,
        "typical_volume": 6631637.3,
        "trend": 1661.012284,
        "fair_value": 870.140494,
        "relative_strength": 8.925729,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.671762,
        "energy": 11.363033,
        "activity_lines": [
          1737.637337,
          1732.933851,
          1781.132574,
          1755.107324
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1756.311768,
        "volume": 2962255,
        "typical_volume": 6613249.1,
        "trend": 1679.701697,
        "fair_value": 880.256981,
        "relative_strength": 7.890991,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.456461,
        "energy": 14.482492,
        "activity_lines": [
          1751.180868,
          1733.524472,
          1775.404113,
          1761.255678
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1770.255127,
        "volume": 2635436,
        "typical_volume": 6196163.75,
        "trend": 1698.176217,
        "fair_value": 890.208733,
        "relative_strength": 7.805309,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.926559,
        "energy": 13.281463,
        "activity_lines": [
          1759.516895,
          1739.624285,
          1770.721108,
          1767.097835
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1778.401245,
        "volume": 9247202,
        "typical_volume": 5980251.3,
        "trend": 1717.482003,
        "fair_value": 900.052682,
        "relative_strength": 5.323677,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.140512,
        "energy": 11.253248,
        "activity_lines": [
          1765.467399,
          1748.203826,
          1766.887935,
          1772.273643
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1822.480225,
        "volume": 4954860,
        "typical_volume": 5639855.85,
        "trend": 1737.175936,
        "fair_value": 910.171826,
        "relative_strength": 6.217412,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.799306,
        "energy": 15.928979,
        "activity_lines": [
          1786.450733,
          1764.343399,
          1768.302261,
          1779.047722
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1801.490112,
        "volume": 8641474,
        "typical_volume": 5233896.35,
        "trend": 1754.54764,
        "fair_value": 920.155459,
        "relative_strength": 4.134395,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.438104,
        "energy": 18.848512,
        "activity_lines": [
          1795.293148,
          1775.248176,
          1768.588779,
          1783.197024
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1754.762451,
        "volume": 2387496,
        "typical_volume": 5043203.15,
        "trend": 1772.089266,
        "fair_value": 929.852997,
        "relative_strength": 1.121541,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 12.39701,
        "energy": 9.017248,
        "activity_lines": [
          1784.9514,
          1775.980542,
          1765.528565,
          1783.210882
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1707.085327,
        "volume": 2273939,
        "typical_volume": 5000359.75,
        "trend": 1784.12019,
        "fair_value": 938.854138,
        "relative_strength": -3.063481,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.506011,
        "energy": 13.750937,
        "activity_lines": [
          1758.820565,
          1765.384703,
          1758.911965,
          1779.01708
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1676.749756,
        "volume": 2003496,
        "typical_volume": 4461973.25,
        "trend": 1791.608284,
        "fair_value": 947.573767,
        "relative_strength": -4.582248,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.03767,
        "energy": 31.209295,
        "activity_lines": [
          1726.789193,
          1749.030695,
          1750.308214,
          1772.089955
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1561.354736,
        "volume": 3270582,
        "typical_volume": 4286930.45,
        "trend": 1787.493579,
        "fair_value": 955.579609,
        "relative_strength": -10.147627,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -65.590135,
        "energy": 55.434589,
        "activity_lines": [
          1663.06958,
          1713.636665,
          1731.053346,
          1757.234887
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1607.632813,
        "volume": 9823304,
        "typical_volume": 4437774.7,
        "trend": 1785.52452,
        "fair_value": 964.021004,
        "relative_strength": -8.232769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.406182,
        "energy": 58.756494,
        "activity_lines": [
          1632.184359,
          1690.0016,
          1717.269931,
          1745.630967
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1595.738525,
        "volume": 1960712,
        "typical_volume": 4284362.0,
        "trend": 1782.149467,
        "fair_value": 972.342948,
        "relative_strength": -9.981148,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.323484,
        "energy": 62.821823,
        "activity_lines": [
          1610.258195,
          1666.74454,
          1703.687137,
          1733.386709
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1561.155029,
        "volume": 3292035,
        "typical_volume": 4295426.2,
        "trend": 1774.661377,
        "fair_value": 980.323185,
        "relative_strength": -13.328305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.682014,
        "energy": 64.872036,
        "activity_lines": [
          1587.405794,
          1640.119085,
          1688.354227,
          1719.129004
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1545.662354,
        "volume": 1562349,
        "typical_volume": 4189645.0,
        "trend": 1759.556917,
        "fair_value": 987.924712,
        "relative_strength": -12.848616,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.055164,
        "energy": 67.44897,
        "activity_lines": [
          1569.117855,
          1614.4786,
          1672.80308,
          1704.354873
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1624.574707,
        "volume": 6411393,
        "typical_volume": 4206908.2,
        "trend": 1746.861308,
        "fair_value": 995.854781,
        "relative_strength": -10.269258,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.992226,
        "energy": 48.929943,
        "activity_lines": [
          1585.873193,
          1607.417432,
          1665.756685,
          1695.646343
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1671.848145,
        "volume": 5955998,
        "typical_volume": 4407756.55,
        "trend": 1734.815259,
        "fair_value": 1003.893939,
        "relative_strength": -9.304284,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.209186,
        "energy": 28.814818,
        "activity_lines": [
          1614.17168,
          1612.549716,
          1663.78344,
          1690.806785
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1635.90686,
        "volume": 2081856,
        "typical_volume": 4409217.25,
        "trend": 1723.963359,
        "fair_value": 1011.60701,
        "relative_strength": -12.601586,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.606105,
        "energy": 22.304921,
        "activity_lines": [
          1626.208716,
          1613.504348,
          1658.565483,
          1684.425598
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1642.955078,
        "volume": 5146388,
        "typical_volume": 4512008.0,
        "trend": 1715.512032,
        "fair_value": 1018.934481,
        "relative_strength": -8.267134,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.193579,
        "energy": 18.039685,
        "activity_lines": [
          1637.917269,
          1617.901485,
          1653.888192,
          1679.199257
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1751.678955,
        "volume": 5981771,
        "typical_volume": 4532855.9,
        "trend": 1715.637472,
        "fair_value": 1026.526518,
        "relative_strength": -2.281221,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.698589,
        "energy": 13.469168,
        "activity_lines": [
          1680.413778,
          1643.232604,
          1659.807397,
          1681.532607
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1683.095459,
        "volume": 2871362,
        "typical_volume": 4439803.55,
        "trend": 1712.24738,
        "fair_value": 1033.802776,
        "relative_strength": -5.955998,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.789564,
        "energy": 15.790471,
        "activity_lines": [
          1686.314681,
          1654.731647,
          1659.346364,
          1679.433122
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1596.016357,
        "volume": 7075883,
        "typical_volume": 4526989.55,
        "trend": 1702.526286,
        "fair_value": 1040.442103,
        "relative_strength": -8.494454,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.217336,
        "energy": 17.087139,
        "activity_lines": [
          1659.287833,
          1648.184659,
          1650.888376,
          1671.934346
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1652.052856,
        "volume": 1899766,
        "typical_volume": 4473865.1,
        "trend": 1693.598588,
        "fair_value": 1047.002817,
        "relative_strength": -5.934048,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.618289,
        "energy": 9.686048,
        "activity_lines": [
          1655.995272,
          1652.037333,
          1648.48791,
          1668.677996
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1590.967529,
        "volume": 1603262,
        "typical_volume": 4422256.4,
        "trend": 1685.79154,
        "fair_value": 1052.388487,
        "relative_strength": -8.973325,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.554156,
        "energy": 21.619423,
        "activity_lines": [
          1631.264534,
          1643.759688,
          1640.766264,
          1662.056637
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1417.209351,
        "volume": 2014872,
        "typical_volume": 4060639.9,
        "trend": 1674.584745,
        "fair_value": 1056.107605,
        "relative_strength": -16.785847,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -74.189267,
        "energy": 63.179003,
        "activity_lines": [
          1552.080241,
          1603.347601,
          1617.349971,
          1644.728754
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1389.216064,
        "volume": 1560543,
        "typical_volume": 3890924.05,
        "trend": 1662.74303,
        "fair_value": 1059.599592,
        "relative_strength": -19.636516,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.877132,
        "energy": 74.24477,
        "activity_lines": [
          1485.862825,
          1560.181334,
          1592.987613,
          1626.317872
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1595.916382,
        "volume": 3040589,
        "typical_volume": 3610879.8,
        "trend": 1658.964103,
        "fair_value": 1064.541079,
        "relative_strength": -8.704853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.61535,
        "energy": 61.997716,
        "activity_lines": [
          1508.137476,
          1558.876192,
          1590.374161,
          1622.006475
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1578.420654,
        "volume": 1435596,
        "typical_volume": 3563284.8,
        "trend": 1657.962044,
        "fair_value": 1069.693019,
        "relative_strength": -11.828344,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.37684,
        "energy": 54.207373,
        "activity_lines": [
          1524.586881,
          1555.770585,
          1587.073372,
          1616.810123
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1586.768555,
        "volume": 3823394,
        "typical_volume": 3640757.55,
        "trend": 1654.396273,
        "fair_value": 1074.320469,
        "relative_strength": -11.788638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.261806,
        "energy": 28.153787,
        "activity_lines": [
          1548.727734,
          1555.227983,
          1585.407344,
          1612.216995
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1472.645996,
        "volume": 1547370,
        "typical_volume": 3617951.25,
        "trend": 1644.034513,
        "fair_value": 1078.664749,
        "relative_strength": -14.145785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.303039,
        "energy": 22.937565,
        "activity_lines": [
          1535.107666,
          1534.957397,
          1573.445439,
          1600.491171
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1426.25708,
        "volume": 1015573,
        "typical_volume": 3505200.8,
        "trend": 1633.399182,
        "fair_value": 1082.699501,
        "relative_strength": -17.594285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.904845,
        "energy": 35.527937,
        "activity_lines": [
          1502.328849,
          1511.32579,
          1558.037463,
          1586.441014
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1489.291992,
        "volume": 1217989,
        "typical_volume": 3074935.05,
        "trend": 1624.796716,
        "fair_value": 1086.954297,
        "relative_strength": -14.528679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.835687,
        "energy": 35.930108,
        "activity_lines": [
          1488.092269,
          1503.824865,
          1549.276135,
          1577.143776
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1352.624756,
        "volume": 1373306,
        "typical_volume": 3045564.75,
        "trend": 1611.340483,
        "fair_value": 1090.367266,
        "relative_strength": -20.065826,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.708747,
        "energy": 68.085105,
        "activity_lines": [
          1435.408236,
          1473.415794,
          1528.062408,
          1559.584294
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1391.265503,
        "volume": 6212994,
        "typical_volume": 3191612.7,
        "trend": 1598.707495,
        "fair_value": 1094.174513,
        "relative_strength": -16.593082,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.433901,
        "energy": 64.778944,
        "activity_lines": [
          1410.657511,
          1455.47646,
          1511.686436,
          1545.385909
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1380.868042,
        "volume": 1801634,
        "typical_volume": 3203576.95,
        "trend": 1585.456388,
        "fair_value": 1097.904549,
        "relative_strength": -16.378334,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.000023,
        "energy": 63.422756,
        "activity_lines": [
          1395.474504,
          1439.277626,
          1495.129227,
          1531.33175
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1465.847534,
        "volume": 12083374,
        "typical_volume": 3487176.0,
        "trend": 1573.568632,
        "fair_value": 1101.856719,
        "relative_strength": -12.347395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.574434,
        "energy": 44.004099,
        "activity_lines": [
          1414.736523,
          1439.190359,
          1487.450038,
          1523.61505
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1350.175415,
        "volume": 3631124,
        "typical_volume": 3370932.3,
        "trend": 1558.524809,
        "fair_value": 1105.526025,
        "relative_strength": -18.683467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.627605,
        "energy": 39.661559,
        "activity_lines": [
          1392.801807,
          1416.678498,
          1469.510301,
          1509.202584
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1170.86853,
        "volume": 2314660,
        "typical_volume": 3382572.5,
        "trend": 1539.061678,
        "fair_value": 1108.19315,
        "relative_strength": -26.744793,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.203341,
        "energy": 55.842671,
        "activity_lines": [
          1320.372567,
          1366.033403,
          1436.025492,
          1484.192502
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1191.963501,
        "volume": 3035315,
        "typical_volume": 3277018.85,
        "trend": 1521.89095,
        "fair_value": 1111.957234,
        "relative_strength": -24.167702,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.915349,
        "energy": 61.494711,
        "activity_lines": [
          1267.092065,
          1326.633796,
          1406.764197,
          1461.799071
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1071.392456,
        "volume": 1351091,
        "typical_volume": 3045484.85,
        "trend": 1501.712374,
        "fair_value": 1115.04124,
        "relative_strength": -28.990658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.116103,
        "energy": 85.118624,
        "activity_lines": [
          1186.908016,
          1272.490454,
          1368.167523,
          1432.734652
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1142.825317,
        "volume": 3092877,
        "typical_volume": 3056560.6,
        "trend": 1487.761393,
        "fair_value": 1118.118124,
        "relative_strength": -24.981425,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.293088,
        "energy": 79.914638,
        "activity_lines": [
          1151.166626,
          1238.630424,
          1339.613439,
          1409.580648
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1038.500366,
        "volume": 1702496,
        "typical_volume": 2787891.25,
        "trend": 1468.790312,
        "fair_value": 1120.479211,
        "relative_strength": -30.705951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.245663,
        "energy": 83.049813,
        "activity_lines": [
          1102.185067,
          1190.955526,
          1303.69636,
          1380.596066
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1215.007935,
        "volume": 4513610,
        "typical_volume": 2918583.45,
        "trend": 1456.099292,
        "fair_value": 1124.267159,
        "relative_strength": -21.590332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.021091,
        "energy": 61.923431,
        "activity_lines": [
          1132.8177,
          1183.569125,
          1287.244364,
          1364.22301
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1167.21936,
        "volume": 6340223,
        "typical_volume": 3155431.5,
        "trend": 1442.968103,
        "fair_value": 1127.347113,
        "relative_strength": -24.450962,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.644846,
        "energy": 45.69812,
        "activity_lines": [
          1144.578182,
          1169.996016,
          1268.322242,
          1345.585595
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1138.42627,
        "volume": 1705940,
        "typical_volume": 3139984.9,
        "trend": 1429.393567,
        "fair_value": 1130.191928,
        "relative_strength": -23.540177,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.544385,
        "energy": 42.112004,
        "activity_lines": [
          1148.390576,
          1155.261366,
          1248.675768,
          1325.937734
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1152.7229,
        "volume": 2062481,
        "typical_volume": 3165081.8,
        "trend": 1413.665173,
        "fair_value": 1133.0663,
        "relative_strength": -21.614049,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.447185,
        "energy": 30.631028,
        "activity_lines": [
          1152.499593,
          1147.534135,
          1231.718417,
          1308.088014
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1241.001709,
        "volume": 4800771,
        "typical_volume": 3253090.9,
        "trend": 1399.303625,
        "fair_value": 1136.626579,
        "relative_strength": -18.57105,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.794448,
        "energy": 26.967026,
        "activity_lines": [
          1185.375041,
          1161.550772,
          1224.29473,
          1296.948436
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1207.109863,
        "volume": 1848251,
        "typical_volume": 3273723.65,
        "trend": 1385.010392,
        "fair_value": 1140.275246,
        "relative_strength": -20.755171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.023538,
        "energy": 22.568613,
        "activity_lines": [
          1193.453117,
          1171.390232,
          1215.333318,
          1284.548838
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1143.725098,
        "volume": 1095200,
        "typical_volume": 3137313.95,
        "trend": 1368.369393,
        "fair_value": 1143.817482,
        "relative_strength": -25.204172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.554313,
        "energy": 24.227677,
        "activity_lines": [
          1180.929476,
          1169.046256,
          1202.103407,
          1268.982045
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1094.936768,
        "volume": 1784767,
        "typical_volume": 3149183.8,
        "trend": 1346.477987,
        "fair_value": 1147.317731,
        "relative_strength": -26.771955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.936738,
        "energy": 32.255951,
        "activity_lines": [
          1153.709343,
          1158.708736,
          1186.33672,
          1251.34123
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1286.490845,
        "volume": 3324843,
        "typical_volume": 3264647.3,
        "trend": 1333.257833,
        "fair_value": 1152.089737,
        "relative_strength": -16.824805,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.960236,
        "energy": 16.593928,
        "activity_lines": [
          1193.239868,
          1182.771152,
          1190.611894,
          1247.471092
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1293.089233,
        "volume": 2748723,
        "typical_volume": 3341184.0,
        "trend": 1323.160262,
        "fair_value": 1156.736016,
        "relative_strength": -15.160431,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.723875,
        "energy": 7.157896,
        "activity_lines": [
          1226.051994,
          1205.421174,
          1196.18104,
          1244.87957
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1229.304443,
        "volume": 9445429,
        "typical_volume": 3744790.15,
        "trend": 1309.068648,
        "fair_value": 1160.529196,
        "relative_strength": -18.299358,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.662739,
        "energy": 11.645539,
        "activity_lines": [
          1234.130021,
          1211.845073,
          1196.609742,
          1238.824355
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1221.606323,
        "volume": 1922651,
        "typical_volume": 3530273.0,
        "trend": 1296.756608,
        "fair_value": 1164.115247,
        "relative_strength": -18.959572,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.509363,
        "energy": 15.03288,
        "activity_lines": [
          1238.16237,
          1216.609377,
          1196.892529,
          1233.181625
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1187.914429,
        "volume": 1591387,
        "typical_volume": 3519760.65,
        "trend": 1289.113444,
        "fair_value": 1168.122213,
        "relative_strength": -19.600796,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.570787,
        "energy": 10.924373,
        "activity_lines": [
          1225.772005,
          1214.259029,
          1194.774466,
          1226.159549
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1146.724365,
        "volume": 1247353,
        "typical_volume": 2977959.6,
        "trend": 1281.030387,
        "fair_value": 1171.608785,
        "relative_strength": -22.869565,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.036676,
        "energy": 20.445686,
        "activity_lines": [
          1193.453109,
          1203.519793,
          1189.652366,
          1216.973157
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1163.920166,
        "volume": 1280784,
        "typical_volume": 2860442.6,
        "trend": 1266.630513,
        "fair_value": 1175.324003,
        "relative_strength": -22.596491,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.348306,
        "energy": 24.035551,
        "activity_lines": [
          1176.183911,
          1196.016131,
          1187.687595,
          1209.417658
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1199.111816,
        "volume": 2755569,
        "typical_volume": 2882488.05,
        "trend": 1253.986886,
        "fair_value": 1179.346419,
        "relative_strength": -18.962976,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.448226,
        "energy": 22.806863,
        "activity_lines": [
          1179.256535,
          1196.312433,
          1189.96134,
          1205.061613
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1226.905029,
        "volume": 2489120,
        "typical_volume": 2855178.3,
        "trend": 1241.991435,
        "fair_value": 1183.301523,
        "relative_strength": -15.366019,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.616722,
        "energy": 15.331521,
        "activity_lines": [
          1193.606404,
          1201.807466,
          1194.747566,
          1203.314397
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1283.391479,
        "volume": 3300597,
        "typical_volume": 2952653.6,
        "trend": 1235.682951,
        "fair_value": 1187.400449,
        "relative_strength": -10.22312,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.065305,
        "energy": 6.277231,
        "activity_lines": [
          1226.431844,
          1216.0604,
          1204.747066,
          1205.985367
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1480.544067,
        "volume": 20282077,
        "typical_volume": 3812113.6,
        "trend": 1237.492517,
        "fair_value": 1192.803819,
        "relative_strength": 4.436359,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 51.180829,
        "energy": 57.502138,
        "activity_lines": [
          1318.609676,
          1262.73281,
          1232.513483,
          1221.782859
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1442.953247,
        "volume": 4822544,
        "typical_volume": 3968116.0,
        "trend": 1235.947892,
        "fair_value": 1198.123364,
        "relative_strength": 3.226669,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.437939,
        "energy": 65.996355,
        "activity_lines": [
          1376.002588,
          1299.042285,
          1255.091637,
          1235.03839
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1405.162231,
        "volume": 2863155,
        "typical_volume": 3885593.25,
        "trend": 1237.699141,
        "fair_value": 1203.172816,
        "relative_strength": 1.576511,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 65.044819,
        "energy": 75.774396,
        "activity_lines": [
          1402.196289,
          1325.755866,
          1272.144682,
          1245.955444
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1468.447021,
        "volume": 3453943,
        "typical_volume": 3741279.25,
        "trend": 1240.271859,
        "fair_value": 1208.601375,
        "relative_strength": 5.206165,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.352803,
        "energy": 82.343463,
        "activity_lines": [
          1435.748226,
          1360.778358,
          1294.319352,
          1260.842404
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1553.126709,
        "volume": 6949001,
        "typical_volume": 4003432.3,
        "trend": 1246.013814,
        "fair_value": 1214.640282,
        "relative_strength": 10.273235,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.957107,
        "energy": 83.821848,
        "activity_lines": [
          1481.423926,
          1406.709144,
          1323.124337,
          1281.026588
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1541.829346,
        "volume": 8262394,
        "typical_volume": 4313427.95,
        "trend": 1248.546541,
        "fair_value": 1220.440987,
        "relative_strength": 11.409992,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.361993,
        "energy": 78.732357,
        "activity_lines": [
          1505.351489,
          1443.945641,
          1348.878619,
          1300.111461
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1524.433594,
        "volume": 3147425,
        "typical_volume": 4230760.65,
        "trend": 1254.355147,
        "fair_value": 1226.222994,
        "relative_strength": 8.775694,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.630386,
        "energy": 70.326068,
        "activity_lines": [
          1519.394784,
          1470.835547,
          1371.123275,
          1317.910626
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1646.204224,
        "volume": 6096028,
        "typical_volume": 4443149.5,
        "trend": 1270.19967,
        "fair_value": 1232.894078,
        "relative_strength": 15.661888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.766921,
        "energy": 71.536632,
        "activity_lines": [
          1568.596265,
          1513.310778,
          1403.615458,
          1343.191211
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1640.099976,
        "volume": 3204852,
        "typical_volume": 4548632.1,
        "trend": 1285.137553,
        "fair_value": 1239.574085,
        "relative_strength": 14.266234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.341748,
        "energy": 65.924665,
        "activity_lines": [
          1599.693531,
          1546.547192,
          1433.435358,
          1367.055747
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1553.599976,
        "volume": 4143431,
        "typical_volume": 4666565.3,
        "trend": 1301.211137,
        "fair_value": 1245.774864,
        "relative_strength": 11.171727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.796414,
        "energy": 53.55604,
        "activity_lines": [
          1590.513933,
          1556.543699,
          1452.653473,
          1384.375903
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1545.099976,
        "volume": 1443423,
        "typical_volume": 4572494.3,
        "trend": 1314.620292,
        "fair_value": 1251.743415,
        "relative_strength": 9.633966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.067572,
        "energy": 49.104446,
        "activity_lines": [
          1578.46945,
          1560.081869,
          1468.877954,
          1400.110667
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1517.400024,
        "volume": 1386325,
        "typical_volume": 4504374.4,
        "trend": 1330.583614,
        "fair_value": 1257.654178,
        "relative_strength": 6.370118,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.796966,
        "energy": 35.813538,
        "activity_lines": [
          1556.973609,
          1557.409941,
          1481.232872,
          1413.19323
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1426.900024,
        "volume": 1850216,
        "typical_volume": 4124613.75,
        "trend": 1337.646684,
        "fair_value": 1263.109392,
        "relative_strength": -1.214052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.910059,
        "energy": 21.103438,
        "activity_lines": [
          1505.780005,
          1536.92989,
          1483.900596,
          1419.407192
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1412.900024,
        "volume": 781629,
        "typical_volume": 4067562.65,
        "trend": 1345.836039,
        "fair_value": 1268.529625,
        "relative_strength": -2.130563,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.790235,
        "energy": 22.733389,
        "activity_lines": [
          1464.540014,
          1513.509151,
          1484.294056,
          1424.262247
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1548.5,
        "volume": 2770525,
        "typical_volume": 4126519.55,
        "trend": 1359.505164,
        "fair_value": 1274.850475,
        "relative_strength": 7.854914,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.314059,
        "energy": 23.443862,
        "activity_lines": [
          1483.646679,
          1515.752899,
          1496.690876,
          1437.337341
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1515.599976,
        "volume": 1272648,
        "typical_volume": 4127784.3,
        "trend": 1371.601066,
        "fair_value": 1281.011988,
        "relative_strength": 6.751484,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.450102,
        "energy": 19.490666,
        "activity_lines": [
          1492.126668,
          1512.098946,
          1504.237287,
          1447.407974
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1407.0,
        "volume": 2097981,
        "typical_volume": 4168644.15,
        "trend": 1377.134342,
        "fair_value": 1286.529869,
        "relative_strength": -2.295889,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.385812,
        "energy": 9.511677,
        "activity_lines": [
          1466.373332,
          1489.17644,
          1499.684292,
          1449.691776
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1325.900024,
        "volume": 1199457,
        "typical_volume": 4090838.55,
        "trend": 1381.094014,
        "fair_value": 1291.767749,
        "relative_strength": -8.255986,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.485272,
        "energy": 13.518559,
        "activity_lines": [
          1420.946671,
          1453.643641,
          1486.249967,
          1446.386336
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1250.400024,
        "volume": 1512967,
        "typical_volume": 4042030.9,
        "trend": 1384.649845,
        "fair_value": 1296.612287,
        "relative_strength": -13.371841,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -40.930444,
        "energy": 53.573463,
        "activity_lines": [
          1357.086678,
          1410.207282,
          1465.021412,
          1437.954466
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1218.0,
        "volume": 1389114,
        "typical_volume": 3946456.75,
        "trend": 1388.751953,
        "fair_value": 1301.007661,
        "relative_strength": -15.045867,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.300226,
        "energy": 67.960526,
        "activity_lines": [
          1293.26001,
          1367.965463,
          1440.59526,
          1427.202863
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1213.5,
        "volume": 1433765,
        "typical_volume": 3004041.15,
        "trend": 1386.318925,
        "fair_value": 1305.22527,
        "relative_strength": -14.380881,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.771812,
        "energy": 72.250737,
        "activity_lines": [
          1249.966675,
          1331.00728,
          1416.051925,
          1415.896285
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1175.300049,
        "volume": 1349732,
        "typical_volume": 2830400.55,
        "trend": 1382.392619,
        "fair_value": 1309.744042,
        "relative_strength": -16.311,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.016242,
        "energy": 78.236228,
        "activity_lines": [
          1214.080021,
          1293.132741,
          1389.142137,
          1402.282164
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1237.800049,
        "volume": 3006829,
        "typical_volume": 2837584.25,
        "trend": 1382.675806,
        "fair_value": 1314.508451,
        "relative_strength": -11.729455,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.781253,
        "energy": 72.768521,
        "activity_lines": [
          1214.473364,
          1272.841839,
          1369.459269,
          1392.953611
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1248.0,
        "volume": 3547449,
        "typical_volume": 2842259.55,
        "trend": 1383.555595,
        "fair_value": 1319.321913,
        "relative_strength": -11.506969,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.781814,
        "energy": 57.767351,
        "activity_lines": [
          1224.140023,
          1257.843655,
          1351.544788,
          1384.26485
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1156.300049,
        "volume": 1826495,
        "typical_volume": 2586134.25,
        "trend": 1382.501782,
        "fair_value": 1323.600395,
        "relative_strength": -15.564186,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -74.352357,
        "energy": 59.050594,
        "activity_lines": [
          1203.400033,
          1229.170934,
          1325.946726,
          1369.603202
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1107.900024,
        "volume": 1093613,
        "typical_volume": 2227695.2,
        "trend": 1381.207637,
        "fair_value": 1327.661175,
        "relative_strength": -18.63906,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.277682,
        "energy": 62.530045,
        "activity_lines": [
          1170.640031,
          1198.829117,
          1297.628789,
          1351.886959
        ]
      },
      {
        "date": "2026-01-23",
        "close": 989.400024,
        "volume": 2393981,
        "typical_volume": 2190023.0,
        "trend": 1375.390299,
        "fair_value": 1331.028313,
        "relative_strength": -24.915312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.397683,
        "energy": 82.420618,
        "activity_lines": [
          1105.420027,
          1154.354572,
          1260.091467,
          1326.609049
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1084.599976,
        "volume": 2629520,
        "typical_volume": 2016697.6,
        "trend": 1371.573238,
        "fair_value": 1334.968877,
        "relative_strength": -17.989663,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.387144,
        "energy": 82.172485,
        "activity_lines": [
          1084.326676,
          1134.781836,
          1234.168587,
          1307.848383
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1022.299988,
        "volume": 1963812,
        "typical_volume": 1954645.6,
        "trend": 1364.75307,
        "fair_value": 1338.535062,
        "relative_strength": -23.32811,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.933159,
        "energy": 85.223713,
        "activity_lines": [
          1052.680001,
          1108.269103,
          1204.98668,
          1285.314625
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1020.900024,
        "volume": 1368319,
        "typical_volume": 1815890.0,
        "trend": 1356.003355,
        "fair_value": 1342.372816,
        "relative_strength": -22.448305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.948589,
        "energy": 83.073926,
        "activity_lines": [
          1035.613338,
          1085.649104,
          1178.613348,
          1263.130557
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1014.5,
        "volume": 1000240,
        "typical_volume": 1793730.85,
        "trend": 1340.468553,
        "fair_value": 1345.801892,
        "relative_strength": -22.874279,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.438296,
        "energy": 72.688233,
        "activity_lines": [
          1025.440002,
          1065.449101,
          1154.167156,
          1241.098083
        ]
      },
      {
        "date": "2026-02-27",
        "close": 997.099976,
        "volume": 2957316,
        "typical_volume": 1872280.4,
        "trend": 1325.606777,
        "fair_value": 1348.85778,
        "relative_strength": -22.76032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.364213,
        "energy": 65.863209,
        "activity_lines": [
          1015.693327,
          1045.703639,
          1130.590486,
          1218.945271
        ]
      },
      {
        "date": "2026-03-06",
        "close": 907.900024,
        "volume": 1867398,
        "typical_volume": 1873139.5,
        "trend": 1309.03137,
        "fair_value": 1350.167819,
        "relative_strength": -27.205774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.929404,
        "energy": 74.115997,
        "activity_lines": [
          975.700004,
          1012.980005,
          1100.996201,
          1191.996448
        ]
      },
      {
        "date": "2026-03-13",
        "close": 880.450012,
        "volume": 2404174,
        "typical_volume": 1954266.75,
        "trend": 1289.43147,
        "fair_value": 1351.762743,
        "relative_strength": -25.209581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.621888,
        "energy": 74.443608,
        "activity_lines": [
          938.336674,
          981.263642,
          1071.259058,
          1164.346038
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1097.400024,
        "volume": 20285267,
        "typical_volume": 2830003.85,
        "trend": 1274.24058,
        "fair_value": 1354.751896,
        "relative_strength": -6.471825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.743842,
        "energy": 54.38967,
        "activity_lines": [
          982.746679,
          995.675463,
          1064.719298,
          1151.956913
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1025.75,
        "volume": 8102009,
        "typical_volume": 3171471.9,
        "trend": 1257.037935,
        "fair_value": 1357.360856,
        "relative_strength": -11.291385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.101242,
        "energy": 44.367772,
        "activity_lines": [
          998.173344,
          998.130916,
          1053.50382,
          1135.925262
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1020.099976,
        "volume": 2496104,
        "typical_volume": 3191378.05,
        "trend": 1240.226815,
        "fair_value": 1359.683799,
        "relative_strength": -11.204904,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.137859,
        "energy": 33.768344,
        "activity_lines": [
          1010.966667,
          1001.052729,
          1044.082864,
          1120.638942
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1184.25,
        "volume": 7123818,
        "typical_volume": 3487596.1,
        "trend": 1224.828341,
        "fair_value": 1363.164669,
        "relative_strength": -2.602595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.260301,
        "energy": 20.377154,
        "activity_lines": [
          1076.943331,
          1033.26182,
          1052.137625,
          1117.027535
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1225.150024,
        "volume": 5598346,
        "typical_volume": 3691865.05,
        "trend": 1210.996676,
        "fair_value": 1366.671051,
        "relative_strength": -0.426987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 8.235148,
        "energy": 20.938731,
        "activity_lines": [
          1138.130005,
          1071.09546,
          1064.76215,
          1117.048289
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1202.800049,
        "volume": 3068175,
        "typical_volume": 3775818.1,
        "trend": 1199.303345,
        "fair_value": 1370.144653,
        "relative_strength": -0.384214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 7.591246,
        "energy": 26.777649,
        "activity_lines": [
          1168.886686,
          1101.177286,
          1075.378344,
          1116.519474
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1245.599976,
        "volume": 4013464,
        "typical_volume": 3904803.05,
        "trend": 1189.320011,
        "fair_value": 1373.998617,
        "relative_strength": 2.539944,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.028242,
        "energy": 41.262454,
        "activity_lines": [
          1206.883342,
          1135.733644,
          1090.143103,
          1119.506354
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1340.699951,
        "volume": 5166143,
        "typical_volume": 4095623.6,
        "trend": 1183.430009,
        "fair_value": 1378.402308,
        "relative_strength": 9.145037,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 43.9686,
        "energy": 64.990128,
        "activity_lines": [
          1261.923324,
          1183.379088,
          1113.812145,
          1129.272801
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1237.699951,
        "volume": 4811253,
        "typical_volume": 4185844.8,
        "trend": 1177.12334,
        "fair_value": 1381.996184,
        "relative_strength": 2.993636,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.680266,
        "energy": 53.243347,
        "activity_lines": [
          1261.256641,
          1206.049988,
          1126.884044,
          1132.774088
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1207.699951,
        "volume": 2497822,
        "typical_volume": 4133363.45,
        "trend": 1170.283337,
        "fair_value": 1385.284382,
        "relative_strength": 0.218258,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.522392,
        "energy": 37.789408,
        "activity_lines": [
          1247.026628,
          1217.26998,
          1137.099277,
          1134.746772
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1180.0,
        "volume": 1468086,
        "typical_volume": 4115443.0,
        "trend": 1158.000004,
        "fair_value": 1387.917836,
        "relative_strength": -1.383547,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.784011,
        "energy": 26.542138,
        "activity_lines": [
          1224.726636,
          1217.503618,
          1144.868325,
          1135.373654
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1290.800049,
        "volume": 771641,
        "typical_volume": 4099344.4,
        "trend": 1150.506673,
        "fair_value": 1391.011427,
        "relative_strength": 8.450258,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.220933,
        "energy": 25.034306,
        "activity_lines": [
          1240.879997,
          1236.380902,
          1163.076901,
          1143.941399
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1296.0,
        "volume": 711141,
        "typical_volume": 4015202.4,
        "trend": 1146.806673,
        "fair_value": 1393.386712,
        "relative_strength": 7.430229,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 61.574296,
        "energy": 36.125411,
        "activity_lines": [
          1255.753337,
          1251.384539,
          1180.909758,
          1153.328065
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1520.300049,
        "volume": 4118033,
        "typical_volume": 4089628.05,
        "trend": 1153.286674,
        "fair_value": 1397.234086,
        "relative_strength": 23.157024,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.128681,
        "energy": 75.022967,
        "activity_lines": [
          1348.373356,
          1302.15364,
          1218.644525,
          1177.424412
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1493.400024,
        "volume": 0,
        "typical_volume": 3991437.45,
        "trend": 1161.386674,
        "fair_value": 1400.580121,
        "relative_strength": 20.013222,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.474472,
        "energy": 86.232827,
        "activity_lines": [
          1413.186694,
          1341.921826,
          1251.742623,
          1199.367209
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1490.0,
        "volume": 1554913,
        "typical_volume": 4000767.15,
        "trend": 1170.453341,
        "fair_value": 1402.240637,
        "relative_strength": 18.052668,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.729291,
        "energy": 86.886837,
        "activity_lines": [
          1457.820019,
          1376.194553,
          1282.273575,
          1220.568068
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1423.599976,
        "volume": 3041633,
        "typical_volume": 4102836.8,
        "trend": 1177.456673,
        "fair_value": 1402.567907,
        "relative_strength": 12.672023,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.128536,
        "energy": 85.057507,
        "activity_lines": [
          1459.653337,
          1393.172732,
          1304.246906,
          1236.900109
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1346.699951,
        "volume": 1595913,
        "typical_volume": 4034766.65,
        "trend": 1183.170003,
        "fair_value": 1403.033131,
        "relative_strength": 5.873953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.189626,
        "energy": 66.034369,
        "activity_lines": [
          1426.999984,
          1392.932724,
          1316.948329,
          1247.81903
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1336.300049,
        "volume": 1453769,
        "typical_volume": 4014085.2,
        "trend": 1186.453337,
        "fair_value": 1404.058749,
        "relative_strength": 7.696103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.648058,
        "energy": 38.286247,
        "activity_lines": [
          1387.5,
          1390.692734,
          1326.994525,
          1257.698388
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1324.199951,
        "volume": 1010958,
        "typical_volume": 3944424.4,
        "trend": 1188.993335,
        "fair_value": 1405.256601,
        "relative_strength": 4.194307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.774564,
        "energy": 24.431355,
        "activity_lines": [
          1356.233317,
          1384.459996,
          1333.848329,
          1266.585267
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1385.0,
        "volume": 1639518,
        "typical_volume": 3012136.95,
        "trend": 1196.616667,
        "fair_value": 1407.567013,
        "relative_strength": 8.200905,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.650738,
        "energy": 24.755588,
        "activity_lines": [
          1356.513322,
          1387.163632,
          1344.37952,
          1279.230858
        ]
      }
    ],
    "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."
    }
  }
}