{
  "ticker": {
    "uuid": "f517d3f5-ca3d-40d7-8e7f-671835bb57f0",
    "symbol": "IGF",
    "name": "iShares Global Infrastructure ETF",
    "exchange": "MEX",
    "country": "MX",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^MXX",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 64.646,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 46.891,
    "architecture_energy": 46.287,
    "architecture_maturity": 4.684,
    "architecture_confidence": 68.916,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 41.33,
        "rotation_up": 57.68,
        "upward_expansion": 71.78,
        "deceleration": 50.31,
        "rotation_down": 9.57,
        "downward_expansion": 15.12
      },
      "activity_lines": [
        1169.333333,
        1168.125202,
        1159.720897,
        1161.772794
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 1168.0,
    "trend_reference": 1158.099809,
    "distance_from_trend": 0.008549,
    "trend_direction": "Improving",
    "fair_value": 996.759675,
    "distance_from_fair_value": 0.171797,
    "fair_value_direction": "Weakening",
    "relative_strength": 0.043044,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.055171,
    "excess_performance": 0.109837,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.008549,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.013845,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.171797,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.039056,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.00043,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.064544,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.055171,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.0,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 21,
      "relative_activity": 0.160981,
      "balance": 0.0,
      "dry_up": 2.129168,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.008862,
      "annualized_volatility": 0.13088,
      "from_high_reference": -0.029094,
      "from_low_reference": 0.079888
    },
    "levels": {
      "trend_reference": 1158.099809,
      "fair_value_reference": 996.759675,
      "structural_low": 1104.492798,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 27,
        "median_return": 0.0,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
        "median_excess_return": 0.007988,
        "regime_survival": 0.703704,
        "best_return": 0.090066,
        "worst_return": -0.072781,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.00576,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.007425,
        "regime_survival": 0.5,
        "best_return": 0.231255,
        "worst_return": -0.05415,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.00344,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.015687,
        "regime_survival": 0.4,
        "best_return": 0.322942,
        "worst_return": -0.120884,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.043748,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.055093,
        "regime_survival": 0.0,
        "best_return": 0.31839,
        "worst_return": -0.084211,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-06-20",
        "tenure": "New",
        "return": 0.000864,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-27",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": -0.035119,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-01",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.041174,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": -0.003714,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-14",
        "end": "2025-11-21",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-28",
        "end": "2025-12-12",
        "tenure": "New",
        "return": 0.007921,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-19",
        "end": "2026-01-02",
        "tenure": "New",
        "return": 0.011914,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-09",
        "end": "2026-02-20",
        "tenure": "Developing",
        "return": 0.043486,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": -0.011137,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-01",
        "end": "2026-05-15",
        "tenure": "New",
        "return": 0.006957,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-22",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": 0.05648,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-26",
        "end": "2026-07-10",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-17",
        "end": "2026-07-24",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.001709,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 765.224854,
        "volume": 23,
        "typical_volume": 464.8,
        "trend": 827.579948,
        "fair_value": 893.452231,
        "relative_strength": -13.09615,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.494422,
        "energy": 73.136041,
        "activity_lines": [
          774.351302,
          778.583099,
          795.775539,
          808.8378
        ]
      },
      {
        "date": "2023-08-25",
        "close": 742.820557,
        "volume": 160,
        "typical_volume": 472.8,
        "trend": 822.517867,
        "fair_value": 892.673384,
        "relative_strength": -15.024985,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -96.591194,
        "energy": 78.383401,
        "activity_lines": [
          762.920695,
          771.438864,
          789.149674,
          803.369452
        ]
      },
      {
        "date": "2023-09-01",
        "close": 742.820557,
        "volume": 0,
        "typical_volume": 472.8,
        "trend": 817.455786,
        "fair_value": 891.954012,
        "relative_strength": -14.305983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.821403,
        "energy": 93.505824,
        "activity_lines": [
          753.955705,
          765.225564,
          782.961867,
          798.22769
        ]
      },
      {
        "date": "2023-09-08",
        "close": 742.820557,
        "volume": 0,
        "typical_volume": 443.3,
        "trend": 812.672595,
        "fair_value": 891.234639,
        "relative_strength": -12.667646,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.678007,
        "energy": 95.33153,
        "activity_lines": [
          747.860299,
          759.932501,
          777.212118,
          793.412514
        ]
      },
      {
        "date": "2023-09-15",
        "close": 765.048462,
        "volume": 392,
        "typical_volume": 462.9,
        "trend": 808.630334,
        "fair_value": 890.88094,
        "relative_strength": -7.48153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.606607,
        "energy": 88.700168,
        "activity_lines": [
          751.723478,
          759.372034,
          774.13713,
          790.339989
        ]
      },
      {
        "date": "2023-09-22",
        "close": 754.831665,
        "volume": 41,
        "typical_volume": 464.95,
        "trend": 805.608335,
        "fair_value": 890.461747,
        "relative_strength": -8.804546,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.899278,
        "energy": 67.568675,
        "activity_lines": [
          752.751701,
          757.240982,
          770.541082,
          786.869107
        ]
      },
      {
        "date": "2023-09-29",
        "close": 754.831665,
        "volume": 0,
        "typical_volume": 464.95,
        "trend": 803.098071,
        "fair_value": 889.913778,
        "relative_strength": -6.853733,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.817844,
        "energy": 65.297901,
        "activity_lines": [
          754.472803,
          755.684855,
          767.445655,
          783.593193
        ]
      },
      {
        "date": "2023-10-06",
        "close": 727.387695,
        "volume": 123,
        "typical_volume": 471.1,
        "trend": 799.673008,
        "fair_value": 889.189886,
        "relative_strength": -7.576002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.441017,
        "energy": 73.308589,
        "activity_lines": [
          746.245174,
          749.592971,
          762.237138,
          778.708653
        ]
      },
      {
        "date": "2023-10-13",
        "close": 755.272888,
        "volume": 691,
        "typical_volume": 307.35,
        "trend": 797.177452,
        "fair_value": 888.74053,
        "relative_strength": -3.031121,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.78126,
        "energy": 61.440167,
        "activity_lines": [
          748.341467,
          749.634334,
          760.31566,
          775.844129
        ]
      },
      {
        "date": "2023-10-20",
        "close": 756.498474,
        "volume": 79,
        "typical_volume": 311.3,
        "trend": 794.166272,
        "fair_value": 888.29903,
        "relative_strength": -0.322753,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.364998,
        "energy": 57.043603,
        "activity_lines": [
          750.016133,
          750.367384,
          758.877489,
          773.219678
        ]
      },
      {
        "date": "2023-10-27",
        "close": 743.997253,
        "volume": 44,
        "typical_volume": 220.9,
        "trend": 791.139087,
        "fair_value": 887.857465,
        "relative_strength": -3.179618,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.367755,
        "energy": 60.326196,
        "activity_lines": [
          748.093725,
          749.138569,
          756.609474,
          769.982968
        ]
      },
      {
        "date": "2023-11-03",
        "close": 760.37146,
        "volume": 1505,
        "typical_volume": 280.75,
        "trend": 788.657709,
        "fair_value": 887.520863,
        "relative_strength": -5.276755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.444642,
        "energy": 32.788296,
        "activity_lines": [
          752.35168,
          751.272838,
          756.133097,
          767.997959
        ]
      },
      {
        "date": "2023-11-10",
        "close": 752.645203,
        "volume": 39,
        "typical_volume": 275.0,
        "trend": 785.918789,
        "fair_value": 886.786213,
        "relative_strength": -5.944118,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.654775,
        "energy": 29.966129,
        "activity_lines": [
          753.664897,
          751.683226,
          755.081127,
          765.674572
        ]
      },
      {
        "date": "2023-11-17",
        "close": 763.509033,
        "volume": 68,
        "typical_volume": 265.85,
        "trend": 782.703689,
        "fair_value": 886.108682,
        "relative_strength": -6.870967,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.054115,
        "energy": 21.168739,
        "activity_lines": [
          756.915556,
          753.890227,
          755.258038,
          764.228781
        ]
      },
      {
        "date": "2023-11-24",
        "close": 764.293518,
        "volume": 29,
        "typical_volume": 267.3,
        "trend": 779.514738,
        "fair_value": 885.43618,
        "relative_strength": -6.897041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.03378,
        "energy": 18.565556,
        "activity_lines": [
          759.878634,
          755.863706,
          755.592163,
          763.041028
        ]
      },
      {
        "date": "2023-12-01",
        "close": 764.293518,
        "volume": 0,
        "typical_volume": 196.45,
        "trend": 776.325787,
        "fair_value": 884.895148,
        "relative_strength": -8.193469,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.808376,
        "energy": 15.039609,
        "activity_lines": [
          762.322042,
          757.850912,
          756.005054,
          762.059014
        ]
      },
      {
        "date": "2023-12-08",
        "close": 788.805664,
        "volume": 127,
        "typical_volume": 199.7,
        "trend": 773.953908,
        "fair_value": 884.511246,
        "relative_strength": -5.733866,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 25.856677,
        "energy": 33.483674,
        "activity_lines": [
          771.583081,
          764.122838,
          758.857953,
          762.864167
        ]
      },
      {
        "date": "2023-12-15",
        "close": 788.805664,
        "volume": 0,
        "typical_volume": 174.55,
        "trend": 771.582029,
        "fair_value": 884.123713,
        "relative_strength": -9.780024,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.048343,
        "energy": 68.834228,
        "activity_lines": [
          778.948507,
          769.777055,
          761.667991,
          763.822345
        ]
      },
      {
        "date": "2023-12-22",
        "close": 782.078613,
        "volume": 60,
        "typical_volume": 175.95,
        "trend": 769.90946,
        "fair_value": 883.768234,
        "relative_strength": -10.386038,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.924908,
        "energy": 66.38932,
        "activity_lines": [
          781.660884,
          773.091482,
          763.823352,
          764.499544
        ]
      },
      {
        "date": "2023-12-29",
        "close": 787.418579,
        "volume": 77,
        "typical_volume": 172.9,
        "trend": 768.414891,
        "fair_value": 883.446986,
        "relative_strength": -9.352075,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 46.251871,
        "energy": 73.486815,
        "activity_lines": [
          784.915279,
          776.889434,
          766.482429,
          765.629165
        ]
      },
      {
        "date": "2024-01-05",
        "close": 777.808777,
        "volume": 566,
        "typical_volume": 200.05,
        "trend": 767.91661,
        "fair_value": 882.876197,
        "relative_strength": -8.159464,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.755704,
        "energy": 67.53422,
        "activity_lines": [
          783.424735,
          778.377966,
          768.160522,
          766.235222
        ]
      },
      {
        "date": "2024-01-12",
        "close": 786.917969,
        "volume": 55,
        "typical_volume": 194.8,
        "trend": 767.67981,
        "fair_value": 882.413917,
        "relative_strength": -5.809336,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 46.171911,
        "energy": 65.350063,
        "activity_lines": [
          784.069572,
          780.90796,
          770.646235,
          767.461116
        ]
      },
      {
        "date": "2024-01-19",
        "close": 763.192688,
        "volume": 1203,
        "typical_volume": 254.95,
        "trend": 766.671779,
        "fair_value": 881.824612,
        "relative_strength": -8.074834,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 36.743482,
        "energy": 30.225773,
        "activity_lines": [
          776.931828,
          778.641603,
          770.662409,
          767.171624
        ]
      },
      {
        "date": "2024-01-26",
        "close": 768.081055,
        "volume": 33,
        "typical_volume": 256.6,
        "trend": 766.246672,
        "fair_value": 881.257056,
        "relative_strength": -9.441675,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 36.931911,
        "energy": 26.122304,
        "activity_lines": [
          773.131071,
          777.072267,
          771.047131,
          767.262545
        ]
      },
      {
        "date": "2024-02-02",
        "close": 768.081055,
        "volume": 0,
        "typical_volume": 237.0,
        "trend": 765.821564,
        "fair_value": 880.689501,
        "relative_strength": -11.188874,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.388366,
        "energy": 29.169059,
        "activity_lines": [
          770.263485,
          775.419803,
          771.311566,
          767.380893
        ]
      },
      {
        "date": "2024-02-09",
        "close": 760.70929,
        "volume": 44,
        "typical_volume": 237.15,
        "trend": 764.963458,
        "fair_value": 880.054079,
        "relative_strength": -10.240969,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.797693,
        "energy": 26.10087,
        "activity_lines": [
          766.227812,
          772.358154,
          770.859487,
          767.051068
        ]
      },
      {
        "date": "2024-02-16",
        "close": 755.094543,
        "volume": 70,
        "typical_volume": 240.65,
        "trend": 764.139783,
        "fair_value": 879.334241,
        "relative_strength": -10.217933,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -35.803971,
        "energy": 41.263906,
        "activity_lines": [
          761.460523,
          768.34081,
          769.844681,
          766.414364
        ]
      },
      {
        "date": "2024-02-23",
        "close": 762.701904,
        "volume": 798,
        "typical_volume": 274.4,
        "trend": 763.367702,
        "fair_value": 878.464515,
        "relative_strength": -8.247417,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.32794,
        "energy": 33.469737,
        "activity_lines": [
          761.350582,
          766.319552,
          769.553134,
          766.321598
        ]
      },
      {
        "date": "2024-03-01",
        "close": 762.701904,
        "volume": 0,
        "typical_volume": 239.85,
        "trend": 762.755772,
        "fair_value": 877.658439,
        "relative_strength": -6.196055,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.336996,
        "energy": 31.79465,
        "activity_lines": [
          761.27336,
          764.772908,
          769.093424,
          766.278643
        ]
      },
      {
        "date": "2024-03-08",
        "close": 767.197693,
        "volume": 358,
        "typical_volume": 253.8,
        "trend": 762.542092,
        "fair_value": 876.881183,
        "relative_strength": -4.391143,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -0.077696,
        "energy": 26.674894,
        "activity_lines": [
          763.053345,
          764.395984,
          769.026508,
          766.565219
        ]
      },
      {
        "date": "2024-03-15",
        "close": 768.110596,
        "volume": 79,
        "typical_volume": 255.55,
        "trend": 762.638283,
        "fair_value": 875.949903,
        "relative_strength": -6.190215,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.8644,
        "energy": 11.972528,
        "activity_lines": [
          765.196521,
          764.552694,
          768.995587,
          766.924477
        ]
      },
      {
        "date": "2024-03-22",
        "close": 771.46759,
        "volume": 119,
        "typical_volume": 186.25,
        "trend": 763.593184,
        "fair_value": 875.132234,
        "relative_strength": -6.116239,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.466858,
        "energy": 24.260745,
        "activity_lines": [
          767.965275,
          765.496098,
          769.169554,
          767.49411
        ]
      },
      {
        "date": "2024-03-29",
        "close": 768.100769,
        "volume": 64,
        "typical_volume": 187.5,
        "trend": 764.435858,
        "fair_value": 874.280891,
        "relative_strength": -7.504654,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.627889,
        "energy": 25.496369,
        "activity_lines": [
          768.520219,
          766.108269,
          768.970033,
          767.784922
        ]
      },
      {
        "date": "2024-04-05",
        "close": 755.83075,
        "volume": 1184,
        "typical_volume": 243.3,
        "trend": 764.869531,
        "fair_value": 873.331787,
        "relative_strength": -9.804883,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.442238,
        "energy": 11.373659,
        "activity_lines": [
          764.625232,
          764.400289,
          767.52834,
          767.229753
        ]
      },
      {
        "date": "2024-04-12",
        "close": 756.959595,
        "volume": 1017,
        "typical_volume": 292.7,
        "trend": 764.599902,
        "fair_value": 872.384469,
        "relative_strength": -6.991069,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -36.90176,
        "energy": 29.760139,
        "activity_lines": [
          761.564604,
          763.120286,
          766.23072,
          766.719435
        ]
      },
      {
        "date": "2024-04-19",
        "close": 769.376831,
        "volume": 67,
        "typical_volume": 296.05,
        "trend": 765.084741,
        "fair_value": 871.615543,
        "relative_strength": -4.005978,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.419848,
        "energy": 20.246578,
        "activity_lines": [
          763.325594,
          764.300171,
          766.150617,
          767.027624
        ]
      },
      {
        "date": "2024-04-26",
        "close": 799.924072,
        "volume": 64,
        "typical_volume": 292.9,
        "trend": 766.587821,
        "fair_value": 870.948461,
        "relative_strength": -3.366807,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.56606,
        "energy": 53.422635,
        "activity_lines": [
          775.184583,
          770.876508,
          768.955569,
          769.275323
        ]
      },
      {
        "date": "2024-05-03",
        "close": 799.924072,
        "volume": 0,
        "typical_volume": 292.9,
        "trend": 769.005701,
        "fair_value": 870.124763,
        "relative_strength": -1.967563,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.332779,
        "energy": 87.264406,
        "activity_lines": [
          785.146472,
          776.637763,
          771.707576,
          771.426048
        ]
      },
      {
        "date": "2024-05-10",
        "close": 799.924072,
        "volume": 0,
        "typical_volume": 289.9,
        "trend": 770.494073,
        "fair_value": 869.401301,
        "relative_strength": -2.722767,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.550509,
        "energy": 93.540876,
        "activity_lines": [
          792.986808,
          781.722251,
          774.406639,
          773.420782
        ]
      },
      {
        "date": "2024-05-17",
        "close": 799.924072,
        "volume": 0,
        "typical_volume": 286.05,
        "trend": 771.941593,
        "fair_value": 868.627721,
        "relative_strength": -2.237881,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.69519,
        "energy": 90.686066,
        "activity_lines": [
          797.887589,
          786.129973,
          777.020723,
          775.319492
        ]
      },
      {
        "date": "2024-05-24",
        "close": 799.924072,
        "volume": 0,
        "typical_volume": 257.75,
        "trend": 773.805821,
        "fair_value": 867.914282,
        "relative_strength": 1.723881,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.513222,
        "energy": 88.773268,
        "activity_lines": [
          799.924072,
          789.942669,
          779.575257,
          777.124813
        ]
      },
      {
        "date": "2024-05-31",
        "close": 835.477661,
        "volume": 76,
        "typical_volume": 258.8,
        "trend": 776.309361,
        "fair_value": 867.362157,
        "relative_strength": 6.7668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.317233,
        "energy": 98.542173,
        "activity_lines": [
          811.775268,
          799.641227,
          785.410536,
          781.103641
        ]
      },
      {
        "date": "2024-06-07",
        "close": 835.477661,
        "volume": 0,
        "typical_volume": 198.65,
        "trend": 779.070443,
        "fair_value": 866.802944,
        "relative_strength": 11.019563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.515914,
        "energy": 97.886773,
        "activity_lines": [
          821.256225,
          808.175966,
          791.014579,
          784.920951
        ]
      },
      {
        "date": "2024-06-14",
        "close": 836.293274,
        "volume": 0,
        "typical_volume": 197.0,
        "trend": 781.496584,
        "fair_value": 866.143198,
        "relative_strength": 12.49934,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.874673,
        "energy": 95.272835,
        "activity_lines": [
          828.638814,
          815.633964,
          796.352084,
          788.612747
        ]
      },
      {
        "date": "2024-06-21",
        "close": 871.96991,
        "volume": 71,
        "typical_volume": 200.55,
        "trend": 785.085797,
        "fair_value": 865.92367,
        "relative_strength": 15.784801,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.36403,
        "energy": 98.845827,
        "activity_lines": [
          845.489002,
          828.115668,
          804.762545,
          794.449735
        ]
      },
      {
        "date": "2024-06-28",
        "close": 871.96991,
        "volume": 0,
        "typical_volume": 198.35,
        "trend": 788.67501,
        "fair_value": 865.812286,
        "relative_strength": 16.234589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.314341,
        "energy": 97.269116,
        "activity_lines": [
          857.536133,
          838.506276,
          812.678297,
          800.055162
        ]
      },
      {
        "date": "2024-07-05",
        "close": 871.96991,
        "volume": 0,
        "typical_volume": 194.85,
        "trend": 791.447152,
        "fair_value": 865.634198,
        "relative_strength": 16.13217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.580341,
        "energy": 95.290723,
        "activity_lines": [
          864.780209,
          847.031554,
          820.064236,
          805.429026
        ]
      },
      {
        "date": "2024-07-12",
        "close": 859.491394,
        "volume": 126,
        "typical_volume": 161.25,
        "trend": 793.803343,
        "fair_value": 865.3291,
        "relative_strength": 8.864717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.657155,
        "energy": 88.845913,
        "activity_lines": [
          865.431962,
          851.978087,
          825.705196,
          809.818978
        ]
      },
      {
        "date": "2024-07-19",
        "close": 859.491394,
        "volume": 0,
        "typical_volume": 161.25,
        "trend": 796.383769,
        "fair_value": 865.115219,
        "relative_strength": 11.227724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.297761,
        "energy": 88.333579,
        "activity_lines": [
          864.4828,
          855.841578,
          830.885253,
          814.056916
        ]
      },
      {
        "date": "2024-07-26",
        "close": 859.491394,
        "volume": 0,
        "typical_volume": 143.35,
        "trend": 798.786196,
        "fair_value": 864.884912,
        "relative_strength": 12.73986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.955771,
        "energy": 87.964136,
        "activity_lines": [
          861.987097,
          858.622027,
          835.604408,
          818.128376
        ]
      },
      {
        "date": "2024-08-02",
        "close": 935.050049,
        "volume": 106,
        "typical_volume": 144.7,
        "trend": 804.027572,
        "fair_value": 865.138956,
        "relative_strength": 23.441575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.743186,
        "energy": 78.134157,
        "activity_lines": [
          885.509513,
          874.057371,
          847.080132,
          826.919592
        ]
      },
      {
        "date": "2024-08-09",
        "close": 935.050049,
        "volume": 0,
        "typical_volume": 138.75,
        "trend": 808.965308,
        "fair_value": 865.362093,
        "relative_strength": 21.061799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.980177,
        "energy": 78.181511,
        "activity_lines": [
          904.826587,
          887.035879,
          857.760906,
          835.372655
        ]
      },
      {
        "date": "2024-08-16",
        "close": 935.050049,
        "volume": 0,
        "typical_volume": 135.55,
        "trend": 814.693886,
        "fair_value": 865.58523,
        "relative_strength": 18.297524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.114692,
        "energy": 92.437627,
        "activity_lines": [
          919.938318,
          898.20398,
          867.662716,
          843.507155
        ]
      },
      {
        "date": "2024-08-23",
        "close": 935.050049,
        "volume": 0,
        "typical_volume": 76.35,
        "trend": 820.259519,
        "fair_value": 865.808367,
        "relative_strength": 19.057911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.174131,
        "energy": 72.007888,
        "activity_lines": [
          930.012805,
          907.561673,
          876.769529,
          851.272069
        ]
      },
      {
        "date": "2024-08-30",
        "close": 935.050049,
        "volume": 0,
        "typical_volume": 25.5,
        "trend": 825.825153,
        "fair_value": 865.890447,
        "relative_strength": 19.777589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.665962,
        "energy": 89.031616,
        "activity_lines": [
          935.050049,
          915.123789,
          885.022917,
          858.677909
        ]
      },
      {
        "date": "2024-09-06",
        "close": 935.050049,
        "volume": 0,
        "typical_volume": 22.15,
        "trend": 831.636511,
        "fair_value": 866.061299,
        "relative_strength": 23.399993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.99488,
        "energy": 89.454208,
        "activity_lines": [
          935.050049,
          921.538994,
          892.428256,
          865.724677
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1012.043152,
        "volume": 1153,
        "typical_volume": 76.6,
        "trend": 840.201465,
        "fair_value": 866.725696,
        "relative_strength": 30.393726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 99.656887,
        "energy": 79.765999,
        "activity_lines": [
          960.714417,
          940.806033,
          906.37735,
          877.363815
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1024.315308,
        "volume": 538,
        "typical_volume": 103.5,
        "trend": 848.921912,
        "fair_value": 867.559915,
        "relative_strength": 30.690294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 99.377013,
        "energy": 93.168917,
        "activity_lines": [
          985.336629,
          959.757586,
          920.485131,
          889.242127
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1024.315308,
        "volume": 0,
        "typical_volume": 103.5,
        "trend": 857.642358,
        "fair_value": 868.250256,
        "relative_strength": 28.482988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.912512,
        "energy": 78.216199,
        "activity_lines": [
          1004.007825,
          975.712342,
          933.524382,
          900.55783
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1024.315308,
        "volume": 0,
        "typical_volume": 103.5,
        "trend": 866.212946,
        "fair_value": 868.940597,
        "relative_strength": 28.107152,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.519973,
        "energy": 81.450613,
        "activity_lines": [
          1016.728003,
          988.670298,
          945.495103,
          911.310924
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1024.315308,
        "volume": 0,
        "typical_volume": 103.5,
        "trend": 874.753103,
        "fair_value": 869.441108,
        "relative_strength": 27.94216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.540435,
        "energy": 90.036528,
        "activity_lines": [
          1023.497164,
          998.631457,
          956.397294,
          921.511076
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1077.786011,
        "volume": 898,
        "typical_volume": 144.6,
        "trend": 884.963717,
        "fair_value": 870.20683,
        "relative_strength": 32.242355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 98.087009,
        "energy": 79.304258,
        "activity_lines": [
          1042.138876,
          1016.691556,
          971.323404,
          934.609974
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1058.252808,
        "volume": 1537,
        "typical_volume": 221.45,
        "trend": 894.635451,
        "fair_value": 870.847339,
        "relative_strength": 32.095894,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.563989,
        "energy": 73.115683,
        "activity_lines": [
          1049.886662,
          1028.604965,
          983.235359,
          945.789915
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1073.737915,
        "volume": 80,
        "typical_volume": 225.45,
        "trend": 905.232357,
        "fair_value": 871.587112,
        "relative_strength": 36.026547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.438379,
        "energy": 76.292568,
        "activity_lines": [
          1060.533651,
          1041.093798,
          995.561253,
          957.344913
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1052.023315,
        "volume": 132,
        "typical_volume": 228.5,
        "trend": 915.067814,
        "fair_value": 872.171953,
        "relative_strength": 29.238406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.645243,
        "energy": 68.98185,
        "activity_lines": [
          1060.647599,
          1047.112924,
          1004.6884,
          966.815297
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1052.023315,
        "volume": 0,
        "typical_volume": 228.5,
        "trend": 924.489364,
        "fair_value": 872.756794,
        "relative_strength": 31.736338,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.207035,
        "energy": 68.261601,
        "activity_lines": [
          1058.914347,
          1051.005263,
          1012.958151,
          975.651136
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1106.172119,
        "volume": 366,
        "typical_volume": 246.8,
        "trend": 934.697632,
        "fair_value": 873.644295,
        "relative_strength": 37.373366,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.327238,
        "energy": 77.057425,
        "activity_lines": [
          1073.383496,
          1062.616053,
          1025.527533,
          987.372604
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1124.536011,
        "volume": 121,
        "typical_volume": 246.55,
        "trend": 945.51803,
        "fair_value": 874.776776,
        "relative_strength": 39.969468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.184253,
        "energy": 76.580987,
        "activity_lines": [
          1092.081535,
          1075.854297,
          1038.730608,
          999.620241
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1102.831421,
        "volume": 151,
        "typical_volume": 254.1,
        "trend": 955.614941,
        "fair_value": 875.744547,
        "relative_strength": 32.063047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.829053,
        "energy": 69.077366,
        "activity_lines": [
          1099.12583,
          1083.324057,
          1048.604463,
          1009.769492
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1085.626831,
        "volume": 84,
        "typical_volume": 258.3,
        "trend": 965.138367,
        "fair_value": 876.501967,
        "relative_strength": 28.225086,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.877704,
        "energy": 67.823502,
        "activity_lines": [
          1098.495695,
          1086.238144,
          1055.681023,
          1018.157356
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1022.56604,
        "volume": 326,
        "typical_volume": 269.3,
        "trend": 972.559766,
        "fair_value": 876.855152,
        "relative_strength": 24.709878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.272624,
        "energy": 59.05574,
        "activity_lines": [
          1074.605062,
          1076.571877,
          1055.674958,
          1021.862367
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1022.56604,
        "volume": 0,
        "typical_volume": 269.3,
        "trend": 978.796045,
        "fair_value": 877.355168,
        "relative_strength": 24.441296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.326819,
        "energy": 32.110534,
        "activity_lines": [
          1052.678247,
          1066.937416,
          1055.252151,
          1025.088579
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1022.56604,
        "volume": 0,
        "typical_volume": 269.3,
        "trend": 985.032324,
        "fair_value": 877.737581,
        "relative_strength": 24.278596,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.525889,
        "energy": 36.095908,
        "activity_lines": [
          1036.325171,
          1058.306954,
          1054.4126,
          1027.912449
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1065.566162,
        "volume": 102,
        "typical_volume": 274.4,
        "trend": 992.674754,
        "fair_value": 878.395635,
        "relative_strength": 26.771192,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.004852,
        "energy": 36.000483,
        "activity_lines": [
          1041.103467,
          1058.143546,
          1057.251556,
          1033.108181
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1065.566162,
        "volume": 0,
        "typical_volume": 274.4,
        "trend": 999.127962,
        "fair_value": 879.120551,
        "relative_strength": 24.824774,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.608185,
        "energy": 26.251557,
        "activity_lines": [
          1048.366113,
          1058.128715,
          1059.469008,
          1037.810852
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1065.566162,
        "volume": 0,
        "typical_volume": 274.4,
        "trend": 1005.581171,
        "fair_value": 879.845467,
        "relative_strength": 20.401588,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.209717,
        "energy": 26.918926,
        "activity_lines": [
          1056.966138,
          1057.867651,
          1061.064953,
          1042.097188
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1065.566162,
        "volume": 0,
        "typical_volume": 216.75,
        "trend": 1012.034379,
        "fair_value": 880.526666,
        "relative_strength": 19.731314,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.195524,
        "energy": 41.611681,
        "activity_lines": [
          1062.699487,
          1057.360354,
          1062.039394,
          1045.967187
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1065.566162,
        "volume": 0,
        "typical_volume": 189.85,
        "trend": 1018.903538,
        "fair_value": 881.135171,
        "relative_strength": 15.205438,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.676276,
        "energy": 40.971897,
        "activity_lines": [
          1065.566162,
          1057.591346,
          1062.758963,
          1049.42085
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1093.856079,
        "volume": 117,
        "typical_volume": 195.7,
        "trend": 1026.715694,
        "fair_value": 882.042624,
        "relative_strength": 14.625611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.064619,
        "energy": 54.732335,
        "activity_lines": [
          1074.996134,
          1064.038139,
          1065.976377,
          1054.256498
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1082.626709,
        "volume": 498,
        "typical_volume": 220.6,
        "trend": 1034.153538,
        "fair_value": 883.030196,
        "relative_strength": 13.339254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.860945,
        "energy": 68.101988,
        "activity_lines": [
          1078.796989,
          1068.606416,
          1067.793181,
          1057.86366
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1078.467285,
        "volume": 254,
        "typical_volume": 233.3,
        "trend": 1038.934113,
        "fair_value": 883.991104,
        "relative_strength": 15.096323,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.162128,
        "energy": 69.794485,
        "activity_lines": [
          1080.073999,
          1072.472982,
          1068.936176,
          1060.722612
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1078.467285,
        "volume": 0,
        "typical_volume": 188.4,
        "trend": 1043.714687,
        "fair_value": 884.952013,
        "relative_strength": 13.193503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.933777,
        "energy": 69.920615,
        "activity_lines": [
          1080.490934,
          1075.323162,
          1069.821304,
          1063.273139
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1048.702393,
        "volume": 285,
        "typical_volume": 125.8,
        "trend": 1047.503099,
        "fair_value": 885.722121,
        "relative_strength": 10.072655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 17.055807,
        "energy": 19.036337,
        "activity_lines": [
          1070.126164,
          1071.745157,
          1067.868437,
          1063.594927
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1076.117188,
        "volume": 138,
        "typical_volume": 128.7,
        "trend": 1052.205337,
        "fair_value": 886.37317,
        "relative_strength": 11.7414,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.228126,
        "energy": 24.343808,
        "activity_lines": [
          1070.02391,
          1072.676454,
          1068.57198,
          1065.440997
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1076.117188,
        "volume": 0,
        "typical_volume": 122.1,
        "trend": 1056.907575,
        "fair_value": 886.952716,
        "relative_strength": 9.897802,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.651091,
        "energy": 20.876493,
        "activity_lines": [
          1071.104248,
          1073.415914,
          1069.264194,
          1066.983697
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1076.117188,
        "volume": 0,
        "typical_volume": 122.1,
        "trend": 1061.609813,
        "fair_value": 887.532261,
        "relative_strength": 12.642326,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.665908,
        "energy": 21.59328,
        "activity_lines": [
          1072.618555,
          1073.963537,
          1069.841675,
          1068.223027
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1054.612183,
        "volume": 243,
        "typical_volume": 115.95,
        "trend": 1063.02878,
        "fair_value": 887.973954,
        "relative_strength": 9.487595,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.81181,
        "energy": 5.395585,
        "activity_lines": [
          1067.1212,
          1070.409322,
          1068.256327,
          1067.771567
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1054.612183,
        "volume": 0,
        "typical_volume": 109.9,
        "trend": 1064.038676,
        "fair_value": 888.415647,
        "relative_strength": 5.684473,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -27.655163,
        "energy": 23.233428,
        "activity_lines": [
          1063.214185,
          1067.054271,
          1066.916504,
          1067.228561
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1054.612183,
        "volume": 0,
        "typical_volume": 102.35,
        "trend": 1065.048572,
        "fair_value": 888.760937,
        "relative_strength": -1.690802,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -36.514529,
        "energy": 47.099941,
        "activity_lines": [
          1058.913184,
          1063.898382,
          1065.90965,
          1066.6204
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1054.612183,
        "volume": 0,
        "typical_volume": 98.15,
        "trend": 1066.058468,
        "fair_value": 889.106227,
        "relative_strength": -0.586018,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "down",
        "direction": -62.878724,
        "energy": 68.971057,
        "activity_lines": [
          1056.04585,
          1061.45602,
          1065.132412,
          1065.947084
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1054.612183,
        "volume": 0,
        "typical_volume": 81.85,
        "trend": 1067.068364,
        "fair_value": 889.807089,
        "relative_strength": -2.358646,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.293241,
        "energy": 69.003198,
        "activity_lines": [
          1054.612183,
          1059.523012,
          1064.502863,
          1065.208614
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1054.612183,
        "volume": 0,
        "typical_volume": 81.85,
        "trend": 1066.295903,
        "fair_value": 890.413867,
        "relative_strength": -5.186641,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.053287,
        "energy": 72.991866,
        "activity_lines": [
          1054.612183,
          1058.023733,
          1063.720713,
          1064.40499
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1054.612183,
        "volume": 0,
        "typical_volume": 81.85,
        "trend": 1066.174548,
        "fair_value": 890.856941,
        "relative_strength": -6.213971,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.098131,
        "energy": 68.95293,
        "activity_lines": [
          1054.612183,
          1056.958184,
          1062.785963,
          1063.651201
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1054.612183,
        "volume": 0,
        "typical_volume": 76.75,
        "trend": 1065.537024,
        "fair_value": 891.300016,
        "relative_strength": -5.583481,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.754434,
        "energy": 60.325464,
        "activity_lines": [
          1054.612183,
          1055.785183,
          1061.698612,
          1062.905242
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1119.992554,
        "volume": 224,
        "typical_volume": 87.95,
        "trend": 1067.802665,
        "fair_value": 892.179848,
        "relative_strength": -0.458466,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 55.173715,
        "energy": 45.695258,
        "activity_lines": [
          1076.40564,
          1066.890523,
          1066.890124,
          1066.418502
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1119.992554,
        "volume": 0,
        "typical_volume": 87.95,
        "trend": 1070.068307,
        "fair_value": 893.28363,
        "relative_strength": 0.274127,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 66.784648,
        "energy": 87.989027,
        "activity_lines": [
          1093.840406,
          1077.198129,
          1071.822464,
          1069.785592
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1120.960449,
        "volume": 0,
        "typical_volume": 87.95,
        "trend": 1070.561251,
        "fair_value": 894.652465,
        "relative_strength": 2.110836,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 94.026359,
        "energy": 97.9064,
        "activity_lines": [
          1107.239111,
          1086.883982,
          1076.58781,
          1073.068956
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1120.960449,
        "volume": 0,
        "typical_volume": 87.95,
        "trend": 1070.442066,
        "fair_value": 895.861623,
        "relative_strength": -0.179699,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.126036,
        "energy": 94.093905,
        "activity_lines": [
          1116.2146,
          1095.363503,
          1081.089374,
          1076.320517
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1120.960449,
        "volume": 1094,
        "typical_volume": 136.8,
        "trend": 1071.046366,
        "fair_value": 897.070781,
        "relative_strength": -1.447893,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.381592,
        "energy": 89.281927,
        "activity_lines": [
          1120.76687,
          1102.636692,
          1085.327156,
          1079.579768
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1120.960449,
        "volume": 0,
        "typical_volume": 111.9,
        "trend": 1072.224154,
        "fair_value": 898.279939,
        "relative_strength": 0.551706,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.315622,
        "energy": 89.609565,
        "activity_lines": [
          1120.895923,
          1108.703549,
          1089.43587,
          1082.800031
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1081.593994,
        "volume": 555,
        "typical_volume": 126.95,
        "trend": 1074.191752,
        "fair_value": 899.236747,
        "relative_strength": -2.73214,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.977909,
        "energy": 64.634294,
        "activity_lines": [
          1107.838297,
          1106.406536,
          1089.612855,
          1083.404537
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1081.593994,
        "volume": 0,
        "typical_volume": 126.95,
        "trend": 1076.159351,
        "fair_value": 900.193556,
        "relative_strength": -4.753941,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.999486,
        "energy": 38.97454,
        "activity_lines": [
          1097.340576,
          1103.618945,
          1089.774952,
          1083.882101
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1081.593994,
        "volume": 0,
        "typical_volume": 112.7,
        "trend": 1078.126949,
        "fair_value": 901.150364,
        "relative_strength": -4.149071,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.284195,
        "energy": 44.13759,
        "activity_lines": [
          1089.467285,
          1100.340776,
          1089.922159,
          1084.232723
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1081.593994,
        "volume": 0,
        "typical_volume": 105.8,
        "trend": 1078.66121,
        "fair_value": 901.925087,
        "relative_strength": -6.171463,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.857342,
        "energy": 41.614291,
        "activity_lines": [
          1084.218424,
          1096.572028,
          1089.91274,
          1084.456403
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1081.593994,
        "volume": 0,
        "typical_volume": 105.8,
        "trend": 1079.195471,
        "fair_value": 902.627442,
        "relative_strength": -6.687781,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.448449,
        "energy": 38.583401,
        "activity_lines": [
          1081.593994,
          1092.312702,
          1089.877241,
          1084.645615
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1126.127319,
        "volume": 192,
        "typical_volume": 115.4,
        "trend": 1081.214177,
        "fair_value": 903.738915,
        "relative_strength": -4.472099,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.421173,
        "energy": 28.635177,
        "activity_lines": [
          1096.438436,
          1096.848499,
          1094.056931,
          1087.673476
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1126.127319,
        "volume": 13,
        "typical_volume": 103.9,
        "trend": 1083.232882,
        "fair_value": 904.953577,
        "relative_strength": -3.771893,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 80.855913,
        "energy": 60.456711,
        "activity_lines": [
          1108.313989,
          1101.272756,
          1097.998477,
          1090.571098
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1126.127319,
        "volume": 0,
        "typical_volume": 103.9,
        "trend": 1085.251587,
        "fair_value": 906.168238,
        "relative_strength": -6.617966,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.581154,
        "energy": 95.525978,
        "activity_lines": [
          1117.220654,
          1105.603069,
          1101.599475,
          1093.338482
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1126.127319,
        "volume": 0,
        "typical_volume": 103.9,
        "trend": 1086.327295,
        "fair_value": 907.412589,
        "relative_strength": -8.502466,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.808591,
        "energy": 91.868821,
        "activity_lines": [
          1123.158431,
          1109.83944,
          1104.859925,
          1095.975626
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1126.127319,
        "volume": 0,
        "typical_volume": 103.9,
        "trend": 1087.777315,
        "fair_value": 909.076532,
        "relative_strength": -7.497934,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.28353,
        "energy": 88.499685,
        "activity_lines": [
          1126.127319,
          1113.981867,
          1107.779826,
          1098.543369
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1126.127319,
        "volume": 0,
        "typical_volume": 103.9,
        "trend": 1089.365983,
        "fair_value": 910.740475,
        "relative_strength": -9.023771,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.208982,
        "energy": 88.329655,
        "activity_lines": [
          1126.127319,
          1118.030351,
          1110.359179,
          1101.017563
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1126.127319,
        "volume": 27,
        "typical_volume": 105.25,
        "trend": 1090.954651,
        "fair_value": 912.404418,
        "relative_strength": -8.43481,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.671584,
        "energy": 67.38939,
        "activity_lines": [
          1126.127319,
          1121.269138,
          1112.597984,
          1103.389262
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1131.786255,
        "volume": 25,
        "typical_volume": 106.5,
        "trend": 1093.724113,
        "fair_value": 914.104637,
        "relative_strength": -5.745143,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.129955,
        "energy": 71.048662,
        "activity_lines": [
          1128.013631,
          1124.727126,
          1115.035187,
          1106.023559
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1131.786255,
        "volume": 0,
        "typical_volume": 106.5,
        "trend": 1095.579749,
        "fair_value": 915.804855,
        "relative_strength": -7.359565,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.520576,
        "energy": 92.470695,
        "activity_lines": [
          1129.522681,
          1127.272527,
          1117.104895,
          1108.479181
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1121.94458,
        "volume": 250,
        "typical_volume": 107.8,
        "trend": 1097.107328,
        "fair_value": 917.718848,
        "relative_strength": -7.077865,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.048047,
        "energy": 66.156231,
        "activity_lines": [
          1127.373909,
          1127.115947,
          1117.869804,
          1110.180138
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1121.94458,
        "volume": 0,
        "typical_volume": 107.8,
        "trend": 1098.634908,
        "fair_value": 919.487286,
        "relative_strength": -9.186447,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.850003,
        "energy": 60.186216,
        "activity_lines": [
          1125.503988,
          1126.225719,
          1118.625418,
          1111.782541
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1121.94458,
        "volume": 0,
        "typical_volume": 107.8,
        "trend": 1100.879321,
        "fair_value": 920.982439,
        "relative_strength": -9.82809,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.48072,
        "energy": 49.901381,
        "activity_lines": [
          1123.912915,
          1125.411541,
          1119.371737,
          1113.286391
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1121.94458,
        "volume": 98,
        "typical_volume": 112.7,
        "trend": 1103.123734,
        "fair_value": 922.520399,
        "relative_strength": -8.056489,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.65045,
        "energy": 35.254424,
        "activity_lines": [
          1122.600692,
          1124.673413,
          1120.113369,
          1114.64544
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1121.94458,
        "volume": 0,
        "typical_volume": 58.0,
        "trend": 1105.368148,
        "fair_value": 923.996911,
        "relative_strength": -7.038545,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 42.728935,
        "energy": 55.781146,
        "activity_lines": [
          1121.94458,
          1124.011335,
          1120.850315,
          1115.859688
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1121.94458,
        "volume": 0,
        "typical_volume": 58.0,
        "trend": 1107.612561,
        "fair_value": 925.473422,
        "relative_strength": -9.109874,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.119154,
        "energy": 66.832514,
        "activity_lines": [
          1121.94458,
          1123.425306,
          1121.582575,
          1116.929135
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1130.831543,
        "volume": 15,
        "typical_volume": 31.0,
        "trend": 1110.153206,
        "fair_value": 927.006902,
        "relative_strength": -7.74189,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.255347,
        "energy": 60.65854,
        "activity_lines": [
          1124.906901,
          1124.531139,
          1123.156526,
          1118.427134
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1130.831543,
        "volume": 0,
        "typical_volume": 31.0,
        "trend": 1112.693852,
        "fair_value": 928.537128,
        "relative_strength": -9.322739,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.25043,
        "energy": 67.777899,
        "activity_lines": [
          1127.276758,
          1125.55144,
          1124.496012,
          1119.76122
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1097.0,
        "volume": 1154,
        "typical_volume": 88.7,
        "trend": 1114.106779,
        "fair_value": 929.850485,
        "relative_strength": -10.701518,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -16.15944,
        "energy": 15.662501,
        "activity_lines": [
          1117.776969,
          1120.335021,
          1122.378982,
          1118.748714
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1097.0,
        "volume": 0,
        "typical_volume": 88.7,
        "trend": 1115.519706,
        "fair_value": 931.163842,
        "relative_strength": -12.619886,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -47.924005,
        "energy": 48.680729,
        "activity_lines": [
          1109.940153,
          1115.751079,
          1120.18859,
          1117.645051
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1110.069946,
        "volume": 46,
        "typical_volume": 91.0,
        "trend": 1115.188953,
        "fair_value": 932.560981,
        "relative_strength": -9.191019,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.987067,
        "energy": 41.956968,
        "activity_lines": [
          1108.122957,
          1114.175968,
          1119.169593,
          1117.293453
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1113.0,
        "volume": 242,
        "typical_volume": 93.5,
        "trend": 1114.955867,
        "fair_value": 933.989966,
        "relative_strength": -11.183672,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.918553,
        "energy": 43.410672,
        "activity_lines": [
          1108.074088,
          1113.349496,
          1118.294049,
          1117.15223
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1106.930054,
        "volume": 5,
        "typical_volume": 93.1,
        "trend": 1114.488188,
        "fair_value": 935.388581,
        "relative_strength": -12.657482,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -24.540437,
        "energy": 55.416288,
        "activity_lines": [
          1107.190674,
          1111.582027,
          1116.902926,
          1116.634436
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1106.930054,
        "volume": 0,
        "typical_volume": 93.1,
        "trend": 1114.020508,
        "fair_value": 936.749139,
        "relative_strength": -13.609968,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -35.835193,
        "energy": 35.949732,
        "activity_lines": [
          1107.900692,
          1110.087549,
          1115.603219,
          1116.146815
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1106.930054,
        "volume": 0,
        "typical_volume": 93.1,
        "trend": 1113.552828,
        "fair_value": 938.109697,
        "relative_strength": -12.450811,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -35.074896,
        "energy": 33.517019,
        "activity_lines": [
          1107.948706,
          1108.866062,
          1114.394927,
          1115.689366
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1106.930054,
        "volume": 0,
        "typical_volume": 93.1,
        "trend": 1113.085148,
        "fair_value": 939.523888,
        "relative_strength": -16.02829,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -33.478836,
        "energy": 34.176916,
        "activity_lines": [
          1107.334717,
          1107.917567,
          1113.27805,
          1115.26209
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1161.400024,
        "volume": 2330,
        "typical_volume": 209.6,
        "trend": 1115.745349,
        "fair_value": 941.287246,
        "relative_strength": -12.360852,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.887499,
        "energy": 40.894972,
        "activity_lines": [
          1125.086711,
          1117.145694,
          1117.440205,
          1118.379179
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1161.400024,
        "volume": 0,
        "typical_volume": 208.25,
        "trend": 1118.40555,
        "fair_value": 943.312299,
        "relative_strength": -11.95389,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 84.001206,
        "energy": 82.263937,
        "activity_lines": [
          1139.612036,
          1125.818031,
          1121.434395,
          1121.324642
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1161.400024,
        "volume": 0,
        "typical_volume": 207.0,
        "trend": 1121.065751,
        "fair_value": 945.435764,
        "relative_strength": -11.515458,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.017867,
        "energy": 92.746333,
        "activity_lines": [
          1150.50603,
          1133.934577,
          1125.26062,
          1124.098479
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1201.640015,
        "volume": 287,
        "typical_volume": 221.35,
        "trend": 1125.067285,
        "fair_value": 947.817177,
        "relative_strength": -2.623247,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.722678,
        "energy": 97.762364,
        "activity_lines": [
          1171.182023,
          1148.196575,
          1132.778207,
          1129.296819
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1199.0,
        "volume": 512,
        "typical_volume": 234.45,
        "trend": 1128.980819,
        "fair_value": 950.181666,
        "relative_strength": -0.193712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.828147,
        "energy": 96.401188,
        "activity_lines": [
          1184.664014,
          1160.076025,
          1139.711727,
          1134.066671
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1199.0,
        "volume": 582,
        "typical_volume": 263.55,
        "trend": 1131.409908,
        "fair_value": 952.439142,
        "relative_strength": 2.349035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.827688,
        "energy": 95.38579,
        "activity_lines": [
          1192.008008,
          1170.338565,
          1146.278316,
          1138.584038
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1199.0,
        "volume": 0,
        "typical_volume": 263.55,
        "trend": 1133.838997,
        "fair_value": 954.773675,
        "relative_strength": -1.331431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.788025,
        "energy": 91.52148,
        "activity_lines": [
          1196.845337,
          1179.037469,
          1152.477975,
          1142.944689
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1199.0,
        "volume": 0,
        "typical_volume": 258.65,
        "trend": 1136.268087,
        "fair_value": 957.108208,
        "relative_strength": -5.229847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.660909,
        "energy": 89.019347,
        "activity_lines": [
          1199.176001,
          1186.062373,
          1158.310703,
          1147.148624
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1203.0,
        "volume": 50,
        "typical_volume": 261.15,
        "trend": 1138.830509,
        "fair_value": 959.468383,
        "relative_strength": -5.018153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.51815,
        "energy": 91.710045,
        "activity_lines": [
          1200.333333,
          1192.140552,
          1164.157453,
          1151.453909
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1162.261719,
        "volume": 8,
        "typical_volume": 261.55,
        "trend": 1140.034989,
        "fair_value": 961.406201,
        "relative_strength": -7.656401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.890372,
        "energy": 61.953668,
        "activity_lines": [
          1187.820573,
          1189.065044,
          1165.738389,
          1152.9656
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1148.465454,
        "volume": 1058,
        "typical_volume": 313.7,
        "trend": 1140.779594,
        "fair_value": 963.255582,
        "relative_strength": -7.770604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.213905,
        "energy": 34.346305,
        "activity_lines": [
          1173.158276,
          1182.475093,
          1165.813408,
          1153.509501
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1143.938965,
        "volume": 24,
        "typical_volume": 314.9,
        "trend": 1141.373315,
        "fair_value": 965.075947,
        "relative_strength": -6.071405,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.984007,
        "energy": 37.782324,
        "activity_lines": [
          1160.35612,
          1175.297319,
          1165.373362,
          1153.713331
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1170.97937,
        "volume": 80,
        "typical_volume": 261.2,
        "trend": 1142.679753,
        "fair_value": 967.069648,
        "relative_strength": -6.411326,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.297687,
        "energy": 38.403774,
        "activity_lines": [
          1160.238167,
          1173.353456,
          1167.446176,
          1155.623399
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1151.897217,
        "volume": 11,
        "typical_volume": 261.75,
        "trend": 1143.350118,
        "fair_value": 968.941027,
        "relative_strength": -5.265243,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.596554,
        "energy": 32.462275,
        "activity_lines": [
          1155.627539,
          1167.76594,
          1167.34936,
          1156.218075
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1107.451294,
        "volume": 113,
        "typical_volume": 265.1,
        "trend": 1142.867008,
        "fair_value": 970.705102,
        "relative_strength": -9.21594,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -53.964756,
        "energy": 53.669843,
        "activity_lines": [
          1139.608455,
          1155.001762,
          1162.758183,
          1153.902021
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1104.492798,
        "volume": 6,
        "typical_volume": 253.3,
        "trend": 1142.285282,
        "fair_value": 972.450211,
        "relative_strength": -9.586731,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -54.985099,
        "energy": 69.742481,
        "activity_lines": [
          1126.257235,
          1143.364198,
          1157.897715,
          1151.426266
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1139.008179,
        "volume": 0,
        "typical_volume": 253.05,
        "trend": 1142.854069,
        "fair_value": 974.669769,
        "relative_strength": -3.09624,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.669863,
        "energy": 68.930754,
        "activity_lines": [
          1127.342652,
          1139.72047,
          1156.364936,
          1151.21484
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1143.938965,
        "volume": 0,
        "typical_volume": 253.05,
        "trend": 1143.587215,
        "fair_value": 976.912827,
        "relative_strength": -4.999542,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.670571,
        "energy": 63.744828,
        "activity_lines": [
          1130.400383,
          1138.064009,
          1155.149003,
          1151.284833
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1170.0,
        "volume": 0,
        "typical_volume": 253.05,
        "trend": 1145.189063,
        "fair_value": 979.326714,
        "relative_strength": -2.197203,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 10.334419,
        "energy": 17.765453,
        "activity_lines": [
          1143.947819,
          1142.147028,
          1156.238841,
          1152.988884
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1170.0,
        "volume": 0,
        "typical_volume": 253.05,
        "trend": 1146.79091,
        "fair_value": 981.821366,
        "relative_strength": -1.271166,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.769473,
        "energy": 35.301975,
        "activity_lines": [
          1156.288403,
          1146.830047,
          1157.028345,
          1154.589589
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1170.0,
        "volume": 0,
        "typical_volume": 136.55,
        "trend": 1148.096525,
        "fair_value": 984.316018,
        "relative_strength": -0.823285,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 47.513505,
        "energy": 42.105607,
        "activity_lines": [
          1164.459074,
          1151.37237,
          1157.517516,
          1156.08695
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1170.0,
        "volume": 148,
        "typical_volume": 143.95,
        "trend": 1149.40214,
        "fair_value": 986.774656,
        "relative_strength": 0.260942,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 49.024624,
        "energy": 44.374954,
        "activity_lines": [
          1168.262598,
          1155.523156,
          1157.965735,
          1157.500077
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1170.0,
        "volume": 1090,
        "typical_volume": 198.45,
        "trend": 1151.835474,
        "fair_value": 989.275907,
        "relative_strength": 0.235643,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 49.192961,
        "energy": 45.788802,
        "activity_lines": [
          1170.0,
          1159.200104,
          1158.373002,
          1158.828972
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1170.0,
        "volume": 0,
        "typical_volume": 184.1,
        "trend": 1154.268807,
        "fair_value": 991.738315,
        "relative_strength": 0.752128,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 49.424255,
        "energy": 53.761604,
        "activity_lines": [
          1170.0,
          1162.89486,
          1158.739316,
          1160.000877
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1170.0,
        "volume": 0,
        "typical_volume": 158.5,
        "trend": 1156.266475,
        "fair_value": 994.231522,
        "relative_strength": 0.08695,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.515435,
        "energy": 43.073358,
        "activity_lines": [
          1170.0,
          1166.260474,
          1159.256297,
          1161.015792
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1168.0,
        "volume": 21,
        "typical_volume": 130.45,
        "trend": 1158.099809,
        "fair_value": 996.759675,
        "relative_strength": 0.043044,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.89103,
        "energy": 46.287162,
        "activity_lines": [
          1169.333333,
          1168.125202,
          1159.720897,
          1161.772794
        ]
      }
    ],
    "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."
    }
  }
}