{
  "ticker": {
    "uuid": "feaeef0f-f808-4c27-9b79-1279dbcbf234",
    "symbol": "278530",
    "name": "Samsung Kodex 200 Total Return ETF",
    "exchange": "KSC",
    "country": "KR",
    "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": "^KS11",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 67.699,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": -11.881,
    "architecture_energy": 29.046,
    "architecture_maturity": 63.796,
    "architecture_confidence": 81.795,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 49.29,
        "rotation_up": 14.05,
        "upward_expansion": 42.93,
        "deceleration": 87.88,
        "rotation_down": 53.48,
        "downward_expansion": 39.26
      },
      "activity_lines": [
        38058.0,
        41565.181818,
        42460.238095,
        40218.709677
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 35525.0,
    "trend_reference": 36811.5,
    "distance_from_trend": -0.034948,
    "trend_direction": "Improving",
    "fair_value": 18001.217949,
    "distance_from_fair_value": 0.973478,
    "fair_value_direction": "Weakening",
    "relative_strength": 6.425674,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.313551,
    "excess_performance": 0.083723,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.034948,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.262729,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.973478,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.764667,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.064257,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.032023,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.313551,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.823335,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 8946728,
      "relative_activity": 1.254965,
      "balance": 0.823335,
      "dry_up": 1.754665,
      "accumulation_observations": 4,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.152688,
      "annualized_volatility": 0.516564,
      "from_high_reference": -0.355205,
      "from_low_reference": 1.372287
    },
    "levels": {
      "trend_reference": 36811.5,
      "fair_value_reference": 18001.217949,
      "structural_low": 27020.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": 0.04243,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.001763,
        "regime_survival": 0.0,
        "best_return": 0.310934,
        "worst_return": -0.013002,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.07446,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.014713,
        "regime_survival": 0.25,
        "best_return": 0.370927,
        "worst_return": 0.008274,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.080412,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.025864,
        "regime_survival": 0.0,
        "best_return": 0.112053,
        "worst_return": 0.04877,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.064247,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.029482,
        "regime_survival": 0.0,
        "best_return": 0.1742,
        "worst_return": -0.045705,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-02-02",
        "end": "2024-02-16",
        "tenure": "New",
        "return": 0.006557,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-02-23",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": 0.014522,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.018125,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.037226,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-09-06",
        "tenure": "New",
        "return": -0.067935,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-13",
        "end": "2024-09-20",
        "tenure": "New",
        "return": 0.002908,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-27",
        "end": "2025-01-24",
        "tenure": "Established",
        "return": -0.043093,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-31",
        "end": "2025-02-21",
        "tenure": "New",
        "return": 0.055178,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-28",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.010938,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.085789,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2026-04-03",
        "tenure": "Extended",
        "return": 1.345889,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.06015,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-07-17",
        "tenure": "Established",
        "return": 0.117014,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.076433,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 11250.0,
        "volume": 499471,
        "typical_volume": 2598337.3,
        "trend": 11276.0,
        "fair_value": 11890.160256,
        "relative_strength": 1.37731,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 18.345358,
        "energy": 11.672221,
        "activity_lines": [
          11535.666667,
          11593.272727,
          11565.619048,
          11438.516129
        ]
      },
      {
        "date": "2023-08-25",
        "close": 11290.0,
        "volume": 543776,
        "typical_volume": 2571232.75,
        "trend": 11280.5,
        "fair_value": 11898.365385,
        "relative_strength": 1.096255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 1.04321,
        "energy": 13.569509,
        "activity_lines": [
          11429.333333,
          11533.818182,
          11547.428571,
          11439.419355
        ]
      },
      {
        "date": "2023-09-01",
        "close": 11575.0,
        "volume": 615134,
        "typical_volume": 2470972.65,
        "trend": 11296.333333,
        "fair_value": 11908.557692,
        "relative_strength": 1.767878,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.772133,
        "energy": 18.65448,
        "activity_lines": [
          11446.666667,
          11535.0,
          11555.214286,
          11458.419355
        ]
      },
      {
        "date": "2023-09-08",
        "close": 11530.0,
        "volume": 301999,
        "typical_volume": 1888636.85,
        "trend": 11313.333333,
        "fair_value": 11917.467949,
        "relative_strength": 1.926591,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.545032,
        "energy": 16.676224,
        "activity_lines": [
          11462.333333,
          11527.545455,
          11557.857143,
          11473.494624
        ]
      },
      {
        "date": "2023-09-15",
        "close": 11810.0,
        "volume": 839099,
        "typical_volume": 1871085.45,
        "trend": 11342.833333,
        "fair_value": 11927.75641,
        "relative_strength": 2.156268,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.223119,
        "energy": 21.987615,
        "activity_lines": [
          11581.666667,
          11571.909091,
          11586.095238,
          11505.537634
        ]
      },
      {
        "date": "2023-09-22",
        "close": 11355.0,
        "volume": 636448,
        "typical_volume": 1867463.6,
        "trend": 11361.333333,
        "fair_value": 11938.076923,
        "relative_strength": 1.78423,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.162251,
        "energy": 11.909469,
        "activity_lines": [
          11536.333333,
          11525.090909,
          11567.714286,
          11506.322581
        ]
      },
      {
        "date": "2023-09-29",
        "close": 11240.0,
        "volume": 595326,
        "typical_volume": 1845241.6,
        "trend": 11376.666667,
        "fair_value": 11946.346154,
        "relative_strength": 2.432519,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.994125,
        "energy": 4.425396,
        "activity_lines": [
          11445.666667,
          11466.818182,
          11537.166667,
          11498.494624
        ]
      },
      {
        "date": "2023-10-06",
        "close": 10965.0,
        "volume": 814988,
        "typical_volume": 1542970.0,
        "trend": 11389.666667,
        "fair_value": 11951.25,
        "relative_strength": 2.177797,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.51577,
        "energy": 39.511123,
        "activity_lines": [
          11266.666667,
          11367.272727,
          11479.547619,
          11471.935484
        ]
      },
      {
        "date": "2023-10-13",
        "close": 11210.0,
        "volume": 914971,
        "typical_volume": 1483221.75,
        "trend": 11409.333333,
        "fair_value": 11958.942308,
        "relative_strength": 2.366529,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.043068,
        "energy": 51.008753,
        "activity_lines": [
          11210.0,
          11327.0,
          11447.357143,
          11460.344086
        ]
      },
      {
        "date": "2023-10-20",
        "close": 10920.0,
        "volume": 669397,
        "typical_volume": 1199923.65,
        "trend": 11416.666667,
        "fair_value": 11964.134615,
        "relative_strength": 3.025011,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.871562,
        "energy": 64.067633,
        "activity_lines": [
          11078.0,
          11242.636364,
          11388.952381,
          11428.774194
        ]
      },
      {
        "date": "2023-10-27",
        "close": 10605.0,
        "volume": 1725302,
        "typical_volume": 1238467.75,
        "trend": 11404.0,
        "fair_value": 11970.128205,
        "relative_strength": 3.081667,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -83.801608,
        "energy": 82.928775,
        "activity_lines": [
          10900.333333,
          11113.636364,
          11304.190476,
          11376.408602
        ]
      },
      {
        "date": "2023-11-03",
        "close": 10940.0,
        "volume": 1830966,
        "typical_volume": 1083080.05,
        "trend": 11400.5,
        "fair_value": 11974.038462,
        "relative_strength": 3.272951,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.912813,
        "energy": 69.625388,
        "activity_lines": [
          10884.333333,
          11057.272727,
          11257.190476,
          11346.473118
        ]
      },
      {
        "date": "2023-11-10",
        "close": 11125.0,
        "volume": 2027572,
        "typical_volume": 1098789.25,
        "trend": 11391.5,
        "fair_value": 11976.923077,
        "relative_strength": 3.110621,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.294319,
        "energy": 53.468738,
        "activity_lines": [
          10950.0,
          11040.909091,
          11231.785714,
          11328.698925
        ]
      },
      {
        "date": "2023-11-17",
        "close": 11410.0,
        "volume": 5191984,
        "typical_volume": 1034383.7,
        "trend": 11395.0,
        "fair_value": 11979.903846,
        "relative_strength": 3.055824,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.103889,
        "energy": 26.191405,
        "activity_lines": [
          11100.0,
          11084.545455,
          11235.547619,
          11329.892473
        ]
      },
      {
        "date": "2023-11-24",
        "close": 11490.0,
        "volume": 4657892,
        "typical_volume": 1258957.5,
        "trend": 11407.333333,
        "fair_value": 11981.025641,
        "relative_strength": 2.554321,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.36028,
        "energy": 17.22926,
        "activity_lines": [
          11263.333333,
          11144.909091,
          11247.738095,
          11336.021505
        ]
      },
      {
        "date": "2023-12-01",
        "close": 11510.0,
        "volume": 376538,
        "typical_volume": 1251514.15,
        "trend": 11421.0,
        "fair_value": 11979.134615,
        "relative_strength": 2.278381,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.24843,
        "energy": 21.060952,
        "activity_lines": [
          11395.333333,
          11214.727273,
          11261.142857,
          11342.645161
        ]
      },
      {
        "date": "2023-12-08",
        "close": 11590.0,
        "volume": 622473,
        "typical_volume": 1232354.9,
        "trend": 11438.833333,
        "fair_value": 11976.794872,
        "relative_strength": 2.364633,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.396234,
        "energy": 29.44848,
        "activity_lines": [
          11493.666667,
          11296.272727,
          11283.904762,
          11353.548387
        ]
      },
      {
        "date": "2023-12-15",
        "close": 11780.0,
        "volume": 447218,
        "typical_volume": 1232929.65,
        "trend": 11451.333333,
        "fair_value": 11975.929487,
        "relative_strength": 2.085904,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.542611,
        "energy": 42.295345,
        "activity_lines": [
          11612.0,
          11406.0,
          11325.380952,
          11375.55914
        ]
      },
      {
        "date": "2023-12-22",
        "close": 12005.0,
        "volume": 1429925,
        "typical_volume": 1284349.6,
        "trend": 11468.0,
        "fair_value": 11974.935897,
        "relative_strength": 2.492902,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.657169,
        "energy": 61.44543,
        "activity_lines": [
          11761.666667,
          11541.818182,
          11388.261905,
          11411.27957
        ]
      },
      {
        "date": "2023-12-29",
        "close": 12395.0,
        "volume": 838812,
        "typical_volume": 1278964.55,
        "trend": 11491.666667,
        "fair_value": 11973.044872,
        "relative_strength": 3.498246,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 61.719314,
        "energy": 76.25373,
        "activity_lines": [
          12001.666667,
          11734.090909,
          11486.761905,
          11471.086022
        ]
      },
      {
        "date": "2024-01-05",
        "close": 11995.0,
        "volume": 3385975,
        "typical_volume": 1423289.75,
        "trend": 11497.0,
        "fair_value": 11960.096154,
        "relative_strength": 3.082699,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 65.445607,
        "energy": 76.52059,
        "activity_lines": [
          12048.0,
          11826.818182,
          11543.452381,
          11503.55914
        ]
      },
      {
        "date": "2024-01-12",
        "close": 11680.0,
        "volume": 379588,
        "typical_volume": 1415080.35,
        "trend": 11493.833333,
        "fair_value": 11947.211538,
        "relative_strength": 2.419282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.969549,
        "energy": 63.459624,
        "activity_lines": [
          11957.0,
          11837.0,
          11566.595238,
          11515.365591
        ]
      },
      {
        "date": "2024-01-19",
        "close": 11495.0,
        "volume": 1424749,
        "typical_volume": 1455561.1,
        "trend": 11492.0,
        "fair_value": 11931.794872,
        "relative_strength": 2.858111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.44725,
        "energy": 32.724057,
        "activity_lines": [
          11798.333333,
          11800.090909,
          11570.261905,
          11515.44086
        ]
      },
      {
        "date": "2024-01-26",
        "close": 11560.0,
        "volume": 1969733,
        "typical_volume": 1538947.8,
        "trend": 11491.333333,
        "fair_value": 11921.153846,
        "relative_strength": 3.120804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 34.563504,
        "energy": 21.046406,
        "activity_lines": [
          11680.333333,
          11768.272727,
          11580.5,
          11519.827957
        ]
      },
      {
        "date": "2024-02-02",
        "close": 12200.0,
        "volume": 1678936,
        "typical_volume": 1580939.65,
        "trend": 11519.833333,
        "fair_value": 11910.769231,
        "relative_strength": 3.05624,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.644866,
        "energy": 27.050835,
        "activity_lines": [
          11805.333333,
          11850.090909,
          11651.547619,
          11565.548387
        ]
      },
      {
        "date": "2024-02-09",
        "close": 12195.0,
        "volume": 756478,
        "typical_volume": 1586941.15,
        "trend": 11530.5,
        "fair_value": 11900.833333,
        "relative_strength": 2.733249,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.535332,
        "energy": 37.066828,
        "activity_lines": [
          11941.666667,
          11918.090909,
          11720.261905,
          11609.107527
        ]
      },
      {
        "date": "2024-02-16",
        "close": 12280.0,
        "volume": 486165,
        "typical_volume": 1581483.1,
        "trend": 11549.166667,
        "fair_value": 11891.314103,
        "relative_strength": 2.260795,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 69.131381,
        "energy": 64.92995,
        "activity_lines": [
          12093.0,
          11989.090909,
          11793.071429,
          11657.462366
        ]
      },
      {
        "date": "2024-02-23",
        "close": 12395.0,
        "volume": 9833886,
        "typical_volume": 2032428.0,
        "trend": 11569.833333,
        "fair_value": 11884.711538,
        "relative_strength": 2.403025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.294798,
        "energy": 76.311589,
        "activity_lines": [
          12242.666667,
          12068.454545,
          11871.880952,
          11712.032258
        ]
      },
      {
        "date": "2024-03-01",
        "close": 12345.0,
        "volume": 459150,
        "typical_volume": 2009636.95,
        "trend": 11591.833333,
        "fair_value": 11877.5,
        "relative_strength": 2.863586,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.062195,
        "energy": 74.48048,
        "activity_lines": [
          12315.666667,
          12127.545455,
          11939.119048,
          11762.043011
        ]
      },
      {
        "date": "2024-03-08",
        "close": 12530.0,
        "volume": 1171216,
        "typical_volume": 2034727.9,
        "trend": 11622.333333,
        "fair_value": 11870.769231,
        "relative_strength": 2.81274,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.782511,
        "energy": 76.362641,
        "activity_lines": [
          12398.0,
          12214.090909,
          12018.571429,
          11822.569892
        ]
      },
      {
        "date": "2024-03-15",
        "close": 12470.0,
        "volume": 1080252,
        "typical_volume": 2002475.4,
        "trend": 11663.0,
        "fair_value": 11864.262821,
        "relative_strength": 2.733189,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.075773,
        "energy": 66.943651,
        "activity_lines": [
          12438.333333,
          12287.272727,
          12084.642857,
          11877.258065
        ]
      },
      {
        "date": "2024-03-22",
        "close": 12905.0,
        "volume": 1249908,
        "typical_volume": 1973422.5,
        "trend": 11716.833333,
        "fair_value": 11860.576923,
        "relative_strength": 3.04076,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.00643,
        "energy": 70.035999,
        "activity_lines": [
          12605.333333,
          12430.909091,
          12183.261905,
          11957.387097
        ]
      },
      {
        "date": "2024-03-29",
        "close": 13025.0,
        "volume": 1345141,
        "typical_volume": 1939300.95,
        "trend": 11765.166667,
        "fair_value": 11855.224359,
        "relative_strength": 3.93727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.645344,
        "energy": 79.293789,
        "activity_lines": [
          12770.666667,
          12574.090909,
          12283.952381,
          12041.784946
        ]
      },
      {
        "date": "2024-04-05",
        "close": 12935.0,
        "volume": 1001454,
        "typical_volume": 1729774.45,
        "trend": 11812.0,
        "fair_value": 11849.198718,
        "relative_strength": 4.30662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.262416,
        "energy": 80.259064,
        "activity_lines": [
          12864.0,
          12673.090909,
          12367.02381,
          12117.258065
        ]
      },
      {
        "date": "2024-04-12",
        "close": 12790.0,
        "volume": 1431442,
        "typical_volume": 1568451.95,
        "trend": 11844.666667,
        "fair_value": 11840.576923,
        "relative_strength": 4.234771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.05701,
        "energy": 74.754407,
        "activity_lines": [
          12869.666667,
          12720.727273,
          12429.02381,
          12180.354839
        ]
      },
      {
        "date": "2024-04-19",
        "close": 12265.0,
        "volume": 1575582,
        "typical_volume": 1628404.15,
        "trend": 11875.0,
        "fair_value": 11829.487179,
        "relative_strength": 3.300026,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.836369,
        "energy": 46.245888,
        "activity_lines": [
          12683.0,
          12662.181818,
          12434.833333,
          12207.473118
        ]
      },
      {
        "date": "2024-04-26",
        "close": 12575.0,
        "volume": 890096,
        "typical_volume": 1641785.3,
        "trend": 11919.5,
        "fair_value": 11821.410256,
        "relative_strength": 3.215369,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.99863,
        "energy": 30.565176,
        "activity_lines": [
          12613.333333,
          12658.727273,
          12466.571429,
          12252.634409
        ]
      },
      {
        "date": "2024-05-03",
        "close": 12690.0,
        "volume": 643533,
        "typical_volume": 1651601.05,
        "trend": 11977.0,
        "fair_value": 11812.724359,
        "relative_strength": 3.238302,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.421495,
        "energy": 25.036688,
        "activity_lines": [
          12604.0,
          12670.818182,
          12504.571429,
          12302.344086
        ]
      },
      {
        "date": "2024-05-10",
        "close": 12955.0,
        "volume": 841755,
        "typical_volume": 1622192.55,
        "trend": 12035.166667,
        "fair_value": 11807.564103,
        "relative_strength": 3.300876,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.778629,
        "energy": 31.999035,
        "activity_lines": [
          12705.333333,
          12725.727273,
          12563.47619,
          12365.44086
        ]
      },
      {
        "date": "2024-05-17",
        "close": 12920.0,
        "volume": 1228966,
        "typical_volume": 1641700.25,
        "trend": 12101.833333,
        "fair_value": 11801.794872,
        "relative_strength": 3.028777,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.012066,
        "energy": 43.078644,
        "activity_lines": [
          12793.666667,
          12763.181818,
          12614.52381,
          12422.526882
        ]
      },
      {
        "date": "2024-05-24",
        "close": 12760.0,
        "volume": 478193,
        "typical_volume": 1496311.15,
        "trend": 12173.666667,
        "fair_value": 11794.294872,
        "relative_strength": 3.046177,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.750232,
        "energy": 41.025555,
        "activity_lines": [
          12820.0,
          12764.454545,
          12647.833333,
          12464.989247
        ]
      },
      {
        "date": "2024-05-31",
        "close": 12525.0,
        "volume": 1554114,
        "typical_volume": 1555037.45,
        "trend": 12226.5,
        "fair_value": 11784.070513,
        "relative_strength": 2.996822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.215094,
        "energy": 33.061363,
        "activity_lines": [
          12735.0,
          12717.727273,
          12655.119048,
          12487.655914
        ]
      },
      {
        "date": "2024-06-07",
        "close": 12950.0,
        "volume": 552300,
        "typical_volume": 1511415.0,
        "trend": 12287.333333,
        "fair_value": 11776.410256,
        "relative_strength": 3.003882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.701252,
        "energy": 34.702593,
        "activity_lines": [
          12795.0,
          12755.181818,
          12698.857143,
          12534.333333
        ]
      },
      {
        "date": "2024-06-14",
        "close": 13095.0,
        "volume": 842140,
        "typical_volume": 1455035.35,
        "trend": 12343.5,
        "fair_value": 11769.198718,
        "relative_strength": 2.69485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.165953,
        "energy": 36.84692,
        "activity_lines": [
          12886.0,
          12820.363636,
          12749.47619,
          12586.44086
        ]
      },
      {
        "date": "2024-06-21",
        "close": 13280.0,
        "volume": 1215986,
        "typical_volume": 1431887.85,
        "trend": 12403.166667,
        "fair_value": 11762.083333,
        "relative_strength": 3.060927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.827013,
        "energy": 46.301742,
        "activity_lines": [
          13029.333333,
          12916.272727,
          12810.404762,
          12646.860215
        ]
      },
      {
        "date": "2024-06-28",
        "close": 13395.0,
        "volume": 645380,
        "typical_volume": 1426332.95,
        "trend": 12466.0,
        "fair_value": 11756.538462,
        "relative_strength": 3.332879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.993115,
        "energy": 71.359378,
        "activity_lines": [
          13187.0,
          13024.181818,
          12877.142857,
          12710.849462
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13830.0,
        "volume": 810856,
        "typical_volume": 1442567.5,
        "trend": 12540.666667,
        "fair_value": 11755.480769,
        "relative_strength": 4.139967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.863982,
        "energy": 83.212588,
        "activity_lines": [
          13447.333333,
          13190.636364,
          12979.595238,
          12798.849462
        ]
      },
      {
        "date": "2024-07-12",
        "close": 13705.0,
        "volume": 1119703,
        "typical_volume": 1006858.35,
        "trend": 12604.833333,
        "fair_value": 11752.083333,
        "relative_strength": 3.268273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.439735,
        "energy": 82.435416,
        "activity_lines": [
          13579.0,
          13311.545455,
          13062.761905,
          12873.967742
        ]
      },
      {
        "date": "2024-07-19",
        "close": 13430.0,
        "volume": 425155,
        "typical_volume": 1005158.6,
        "trend": 12652.333333,
        "fair_value": 11747.564103,
        "relative_strength": 3.289878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.28698,
        "energy": 75.911996,
        "activity_lines": [
          13568.666667,
          13364.0,
          13113.5,
          12927.204301
        ]
      },
      {
        "date": "2024-07-26",
        "close": 13090.0,
        "volume": 1035032,
        "typical_volume": 998349.4,
        "trend": 12675.5,
        "fair_value": 11742.467949,
        "relative_strength": 2.899329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.620431,
        "energy": 48.239848,
        "activity_lines": [
          13422.666667,
          13346.0,
          13126.690476,
          12955.44086
        ]
      },
      {
        "date": "2024-08-02",
        "close": 12795.0,
        "volume": 1477113,
        "typical_volume": 1018192.45,
        "trend": 12702.166667,
        "fair_value": 11733.333333,
        "relative_strength": 2.55061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.874224,
        "energy": 18.46974,
        "activity_lines": [
          13191.0,
          13271.272727,
          13109.119048,
          12963.150538
        ]
      },
      {
        "date": "2024-08-09",
        "close": 12285.0,
        "volume": 2806280,
        "typical_volume": 1096011.05,
        "trend": 12722.333333,
        "fair_value": 11724.647436,
        "relative_strength": 1.690743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -0.651194,
        "energy": 17.35089,
        "activity_lines": [
          12829.333333,
          13103.181818,
          13041.428571,
          12936.236559
        ]
      },
      {
        "date": "2024-08-16",
        "close": 12880.0,
        "volume": 479153,
        "typical_volume": 1052711.65,
        "trend": 12768.5,
        "fair_value": 11722.852564,
        "relative_strength": 2.195976,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.918627,
        "energy": 24.791642,
        "activity_lines": [
          12769.0,
          13047.636364,
          13033.357143,
          12946.408602
        ]
      },
      {
        "date": "2024-08-23",
        "close": 12895.0,
        "volume": 555722,
        "typical_volume": 1030425.05,
        "trend": 12813.0,
        "fair_value": 11719.262821,
        "relative_strength": 2.023799,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.109792,
        "energy": 23.059363,
        "activity_lines": [
          12768.666667,
          12996.090909,
          13027.404762,
          12954.569892
        ]
      },
      {
        "date": "2024-08-30",
        "close": 12680.0,
        "volume": 1011333,
        "typical_volume": 1009419.6,
        "trend": 12829.0,
        "fair_value": 11712.5,
        "relative_strength": 1.255596,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.558953,
        "energy": 23.274431,
        "activity_lines": [
          12732.333333,
          12909.090909,
          13001.166667,
          12945.989247
        ]
      },
      {
        "date": "2024-09-06",
        "close": 12005.0,
        "volume": 1163018,
        "typical_volume": 988791.4,
        "trend": 12822.666667,
        "fair_value": 11703.621795,
        "relative_strength": 0.685089,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.143333,
        "energy": 40.512186,
        "activity_lines": [
          12498.333333,
          12710.272727,
          12911.166667,
          12892.827957
        ]
      },
      {
        "date": "2024-09-13",
        "close": 12035.0,
        "volume": 635915,
        "typical_volume": 976082.35,
        "trend": 12814.5,
        "fair_value": 11694.647436,
        "relative_strength": -0.337741,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.194075,
        "energy": 53.397076,
        "activity_lines": [
          12327.0,
          12542.181818,
          12825.261905,
          12842.010753
        ]
      },
      {
        "date": "2024-09-20",
        "close": 12070.0,
        "volume": 192004,
        "typical_volume": 953505.9,
        "trend": 12803.666667,
        "fair_value": 11685.897436,
        "relative_strength": -0.79175,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.427064,
        "energy": 68.857154,
        "activity_lines": [
          12184.0,
          12413.090909,
          12745.261905,
          12793.978495
        ]
      },
      {
        "date": "2024-09-27",
        "close": 12415.0,
        "volume": 726920,
        "typical_volume": 947764.15,
        "trend": 12806.0,
        "fair_value": 11682.628205,
        "relative_strength": -0.179807,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.356647,
        "energy": 62.717028,
        "activity_lines": [
          12210.0,
          12376.454545,
          12701.071429,
          12768.903226
        ]
      },
      {
        "date": "2024-10-04",
        "close": 12000.0,
        "volume": 365775,
        "typical_volume": 904604.6,
        "trend": 12788.333333,
        "fair_value": 11678.173077,
        "relative_strength": -0.558093,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.504559,
        "energy": 58.8524,
        "activity_lines": [
          12129.666667,
          12282.818182,
          12619.928571,
          12716.903226
        ]
      },
      {
        "date": "2024-10-11",
        "close": 12135.0,
        "volume": 686820,
        "typical_volume": 915035.95,
        "trend": 12777.166667,
        "fair_value": 11673.333333,
        "relative_strength": -0.536959,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.165455,
        "energy": 41.743775,
        "activity_lines": [
          12139.666667,
          12233.545455,
          12556.02381,
          12674.752688
        ]
      },
      {
        "date": "2024-10-18",
        "close": 12155.0,
        "volume": 490282,
        "typical_volume": 861844.35,
        "trend": 12752.166667,
        "fair_value": 11668.397436,
        "relative_strength": -0.290369,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.948065,
        "energy": 36.50888,
        "activity_lines": [
          12147.666667,
          12199.909091,
          12497.0,
          12634.612903
        ]
      },
      {
        "date": "2024-10-25",
        "close": 12085.0,
        "volume": 622316,
        "typical_volume": 865345.15,
        "trend": 12720.833333,
        "fair_value": 11663.974359,
        "relative_strength": -0.489422,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.317678,
        "energy": 38.646269,
        "activity_lines": [
          12124.333333,
          12155.909091,
          12433.071429,
          12591.569892
        ]
      },
      {
        "date": "2024-11-01",
        "close": 11865.0,
        "volume": 785335,
        "typical_volume": 862504.9,
        "trend": 12685.166667,
        "fair_value": 11657.884615,
        "relative_strength": -0.748192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.9511,
        "energy": 42.517737,
        "activity_lines": [
          12026.666667,
          12086.363636,
          12352.309524,
          12536.354839
        ]
      },
      {
        "date": "2024-11-08",
        "close": 11950.0,
        "volume": 2421472,
        "typical_volume": 922779.2,
        "trend": 12657.166667,
        "fair_value": 11652.5,
        "relative_strength": -0.790431,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.032725,
        "energy": 55.594512,
        "activity_lines": [
          11994.0,
          12051.0,
          12285.5,
          12488.924731
        ]
      },
      {
        "date": "2024-11-15",
        "close": 11245.0,
        "volume": 1765979,
        "typical_volume": 978809.15,
        "trend": 12623.166667,
        "fair_value": 11642.788462,
        "relative_strength": -1.08322,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.634934,
        "energy": 79.870009,
        "activity_lines": [
          11729.666667,
          11900.727273,
          12157.880952,
          12397.817204
        ]
      },
      {
        "date": "2024-11-22",
        "close": 11685.0,
        "volume": 629004,
        "typical_volume": 969716.55,
        "trend": 12593.5,
        "fair_value": 11636.634615,
        "relative_strength": -0.708509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.261288,
        "energy": 70.588424,
        "activity_lines": [
          11671.333333,
          11844.272727,
          12082.404762,
          12337.290323
        ]
      },
      {
        "date": "2024-11-29",
        "close": 11450.0,
        "volume": 840706,
        "typical_volume": 955766.7,
        "trend": 12552.166667,
        "fair_value": 11627.467949,
        "relative_strength": -0.936869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.931482,
        "energy": 72.693068,
        "activity_lines": [
          11566.0,
          11751.454545,
          11994.761905,
          12263.516129
        ]
      },
      {
        "date": "2024-12-06",
        "close": 11335.0,
        "volume": 3665354,
        "typical_volume": 1117776.65,
        "trend": 12498.166667,
        "fair_value": 11616.50641,
        "relative_strength": -0.837405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.246426,
        "energy": 75.795734,
        "activity_lines": [
          11464.666667,
          11649.0,
          11906.904762,
          12184.989247
        ]
      },
      {
        "date": "2024-12-13",
        "close": 11630.0,
        "volume": 1710537,
        "typical_volume": 1151551.9,
        "trend": 12455.166667,
        "fair_value": 11607.24359,
        "relative_strength": -0.988033,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.86143,
        "energy": 49.676236,
        "activity_lines": [
          11497.0,
          11619.818182,
          11857.119048,
          12128.978495
        ]
      },
      {
        "date": "2024-12-20",
        "close": 11185.0,
        "volume": 9724461,
        "typical_volume": 1563919.3,
        "trend": 12402.666667,
        "fair_value": 11594.583333,
        "relative_strength": -1.213337,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.964777,
        "energy": 53.842664,
        "activity_lines": [
          11402.333333,
          11516.454545,
          11771.904762,
          12047.032258
        ]
      },
      {
        "date": "2024-12-27",
        "close": 11285.0,
        "volume": 2049591,
        "typical_volume": 1526084.85,
        "trend": 12361.333333,
        "fair_value": 11583.076923,
        "relative_strength": -0.365881,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.336631,
        "energy": 51.078376,
        "activity_lines": [
          11345.0,
          11448.545455,
          11703.880952,
          11974.924731
        ]
      },
      {
        "date": "2025-01-03",
        "close": 11435.0,
        "volume": 1677525,
        "typical_volume": 1586003.45,
        "trend": 12310.833333,
        "fair_value": 11573.365385,
        "relative_strength": -0.589686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.381536,
        "energy": 45.585245,
        "activity_lines": [
          11364.333333,
          11423.727273,
          11654.904762,
          11915.16129
        ]
      },
      {
        "date": "2025-01-10",
        "close": 11790.0,
        "volume": 1882634,
        "typical_volume": 1652349.05,
        "trend": 12267.333333,
        "fair_value": 11566.826923,
        "relative_strength": -0.537332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.016996,
        "energy": 33.606629,
        "activity_lines": [
          11503.0,
          11475.272727,
          11646.619048,
          11881.55914
        ]
      },
      {
        "date": "2025-01-17",
        "close": 11815.0,
        "volume": 1323960,
        "typical_volume": 1667980.4,
        "trend": 12218.5,
        "fair_value": 11562.564103,
        "relative_strength": -0.646788,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.891161,
        "energy": 20.743853,
        "activity_lines": [
          11619.666667,
          11532.727273,
          11645.97619,
          11852.376344
        ]
      },
      {
        "date": "2025-01-24",
        "close": 11880.0,
        "volume": 1343972,
        "typical_volume": 1677028.1,
        "trend": 12168.0,
        "fair_value": 11562.371795,
        "relative_strength": -0.629719,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.434159,
        "energy": 19.558866,
        "activity_lines": [
          11745.666667,
          11604.454545,
          11655.642857,
          11830.537634
        ]
      },
      {
        "date": "2025-01-31",
        "close": 11780.0,
        "volume": 485738,
        "typical_volume": 1669519.25,
        "trend": 12099.666667,
        "fair_value": 11559.903846,
        "relative_strength": -0.711586,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.106587,
        "energy": 20.501016,
        "activity_lines": [
          11792.0,
          11646.454545,
          11656.380952,
          11805.505376
        ]
      },
      {
        "date": "2025-02-07",
        "close": 11760.0,
        "volume": 1601954,
        "typical_volume": 1740016.75,
        "trend": 12034.833333,
        "fair_value": 11556.794872,
        "relative_strength": -1.062654,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.522109,
        "energy": 14.066141,
        "activity_lines": [
          11798.666667,
          11683.090909,
          11656.428571,
          11783.591398
        ]
      },
      {
        "date": "2025-02-14",
        "close": 12080.0,
        "volume": 2319030,
        "typical_volume": 1819622.25,
        "trend": 11989.833333,
        "fair_value": 11555.641026,
        "relative_strength": -1.092514,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.109237,
        "energy": 13.742523,
        "activity_lines": [
          11890.333333,
          11772.272727,
          11688.428571,
          11786.505376
        ]
      },
      {
        "date": "2025-02-21",
        "close": 12430.0,
        "volume": 3417858,
        "typical_volume": 1972226.4,
        "trend": 11967.833333,
        "fair_value": 11558.942308,
        "relative_strength": -0.677124,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.404616,
        "energy": 41.335304,
        "activity_lines": [
          12079.333333,
          11911.545455,
          11755.357143,
          11814.903226
        ]
      },
      {
        "date": "2025-02-28",
        "close": 11885.0,
        "volume": 1581758,
        "typical_volume": 2016973.3,
        "trend": 11937.5,
        "fair_value": 11558.076923,
        "relative_strength": -0.473355,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 16.948278,
        "energy": 33.504802,
        "activity_lines": [
          12045.666667,
          11937.181818,
          11768.333333,
          11809.55914
        ]
      },
      {
        "date": "2025-03-07",
        "close": 12010.0,
        "volume": 1104918,
        "typical_volume": 2047705.1,
        "trend": 11928.333333,
        "fair_value": 11559.423077,
        "relative_strength": -0.635208,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 16.508074,
        "energy": 35.058469,
        "activity_lines": [
          12053.333333,
          11972.818182,
          11794.404762,
          11814.236559
        ]
      },
      {
        "date": "2025-03-14",
        "close": 12105.0,
        "volume": 2796154,
        "typical_volume": 2156397.0,
        "trend": 11902.5,
        "fair_value": 11559.775641,
        "relative_strength": 0.021714,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.231221,
        "energy": 32.143102,
        "activity_lines": [
          12077.333333,
          12012.545455,
          11830.214286,
          11825.634409
        ]
      },
      {
        "date": "2025-03-21",
        "close": 12620.0,
        "volume": 5938142,
        "typical_volume": 2414037.35,
        "trend": 11893.333333,
        "fair_value": 11563.525641,
        "relative_strength": 1.215552,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.271756,
        "energy": 44.169825,
        "activity_lines": [
          12250.0,
          12133.727273,
          11914.97619,
          11871.924731
        ]
      },
      {
        "date": "2025-03-28",
        "close": 12260.0,
        "volume": 2898656,
        "typical_volume": 2437896.55,
        "trend": 11879.333333,
        "fair_value": 11564.551282,
        "relative_strength": 1.580425,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 55.921774,
        "energy": 48.997344,
        "activity_lines": [
          12266.666667,
          12174.363636,
          11961.857143,
          11895.580645
        ]
      },
      {
        "date": "2025-04-04",
        "close": 11755.0,
        "volume": 4322758,
        "typical_volume": 2565735.5,
        "trend": 11871.0,
        "fair_value": 11563.846154,
        "relative_strength": 1.051875,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 41.13259,
        "energy": 26.820361,
        "activity_lines": [
          12126.333333,
          12115.090909,
          11959.166667,
          11887.55914
        ]
      },
      {
        "date": "2025-04-11",
        "close": 11540.0,
        "volume": 5542355,
        "typical_volume": 2811403.05,
        "trend": 11854.5,
        "fair_value": 11562.371795,
        "relative_strength": 0.54754,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.374785,
        "energy": 7.972852,
        "activity_lines": [
          11923.0,
          12019.0,
          11933.571429,
          11866.204301
        ]
      },
      {
        "date": "2025-04-18",
        "close": 11740.0,
        "volume": 1274014,
        "typical_volume": 2833068.45,
        "trend": 11843.5,
        "fair_value": 11561.858974,
        "relative_strength": 0.203789,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -0.98978,
        "energy": 12.519881,
        "activity_lines": [
          11817.666667,
          11963.636364,
          11927.714286,
          11858.817204
        ]
      },
      {
        "date": "2025-04-25",
        "close": 12025.0,
        "volume": 1311470,
        "typical_volume": 2715374.25,
        "trend": 11830.5,
        "fair_value": 11563.173077,
        "relative_strength": 0.106427,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.495275,
        "energy": 20.952799,
        "activity_lines": [
          11831.666667,
          11960.454545,
          11947.619048,
          11870.526882
        ]
      },
      {
        "date": "2025-05-02",
        "close": 12110.0,
        "volume": 9796420,
        "typical_volume": 3119668.4,
        "trend": 11834.166667,
        "fair_value": 11566.314103,
        "relative_strength": 0.286915,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.493766,
        "energy": 17.665542,
        "activity_lines": [
          11913.666667,
          11973.727273,
          11972.333333,
          11888.55914
        ]
      },
      {
        "date": "2025-05-09",
        "close": 12215.0,
        "volume": 746814,
        "typical_volume": 2670786.05,
        "trend": 11836.833333,
        "fair_value": 11570.769231,
        "relative_strength": 0.474485,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.724093,
        "energy": 23.779118,
        "activity_lines": [
          12040.666667,
          12011.909091,
          12004.761905,
          11913.129032
        ]
      },
      {
        "date": "2025-05-16",
        "close": 12530.0,
        "volume": 2015975,
        "typical_volume": 2669105.25,
        "trend": 11849.333333,
        "fair_value": 11576.346154,
        "relative_strength": 1.107915,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 65.384434,
        "energy": 53.288815,
        "activity_lines": [
          12242.0,
          12101.363636,
          12062.285714,
          11957.849462
        ]
      },
      {
        "date": "2025-05-23",
        "close": 12345.0,
        "volume": 935746,
        "typical_volume": 2632016.3,
        "trend": 11858.0,
        "fair_value": 11581.025641,
        "relative_strength": 0.945607,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.355572,
        "energy": 57.402773,
        "activity_lines": [
          12315.666667,
          12147.727273,
          12096.261905,
          11989.827957
        ]
      },
      {
        "date": "2025-05-30",
        "close": 12885.0,
        "volume": 1856426,
        "typical_volume": 2630705.9,
        "trend": 11892.0,
        "fair_value": 11588.301282,
        "relative_strength": 1.227015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.190103,
        "energy": 75.221828,
        "activity_lines": [
          12529.0,
          12287.909091,
          12177.333333,
          12056.086022
        ]
      },
      {
        "date": "2025-06-06",
        "close": 13475.0,
        "volume": 4035921,
        "typical_volume": 2766303.95,
        "trend": 11942.833333,
        "fair_value": 11601.602564,
        "relative_strength": 1.541525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.573096,
        "energy": 86.144558,
        "activity_lines": [
          12881.666667,
          12530.545455,
          12309.380952,
          12158.215054
        ]
      },
      {
        "date": "2025-06-13",
        "close": 13860.0,
        "volume": 4663208,
        "typical_volume": 2932265.75,
        "trend": 12030.0,
        "fair_value": 11622.115385,
        "relative_strength": 1.446534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.362274,
        "energy": 93.499986,
        "activity_lines": [
          13271.666667,
          12821.090909,
          12470.190476,
          12281.903226
        ]
      },
      {
        "date": "2025-06-20",
        "close": 14475.0,
        "volume": 4187342,
        "typical_volume": 3117345.95,
        "trend": 12123.0,
        "fair_value": 11647.980769,
        "relative_strength": 1.479064,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.576257,
        "energy": 97.502354,
        "activity_lines": [
          13757.0,
          13185.181818,
          12680.142857,
          12439.645161
        ]
      },
      {
        "date": "2025-06-27",
        "close": 14770.0,
        "volume": 4287293,
        "typical_volume": 3251612.9,
        "trend": 12233.666667,
        "fair_value": 11677.371795,
        "relative_strength": 2.372768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.152734,
        "energy": 96.58447,
        "activity_lines": [
          14211.0,
          13549.545455,
          12905.357143,
          12610.419355
        ]
      },
      {
        "date": "2025-07-04",
        "close": 14790.0,
        "volume": 3361333,
        "typical_volume": 3303728.05,
        "trend": 12348.833333,
        "fair_value": 11705.641026,
        "relative_strength": 2.562721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.691927,
        "energy": 93.703055,
        "activity_lines": [
          14510.0,
          13862.454545,
          13118.142857,
          12775.344086
        ]
      },
      {
        "date": "2025-07-11",
        "close": 15340.0,
        "volume": 3963444,
        "typical_volume": 3331007.35,
        "trend": 12472.5,
        "fair_value": 11737.948718,
        "relative_strength": 2.293389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.390975,
        "energy": 96.082234,
        "activity_lines": [
          14865.333333,
          14225.090909,
          13370.404762,
          12968.322581
        ]
      },
      {
        "date": "2025-07-18",
        "close": 15455.0,
        "volume": 2680208,
        "typical_volume": 3385929.85,
        "trend": 12614.833333,
        "fair_value": 11769.00641,
        "relative_strength": 2.644432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.062781,
        "energy": 93.93089,
        "activity_lines": [
          15134.666667,
          14549.909091,
          13619.761905,
          13160.741935
        ]
      },
      {
        "date": "2025-07-25",
        "close": 15440.0,
        "volume": 2785034,
        "typical_volume": 3469935.65,
        "trend": 12753.333333,
        "fair_value": 11798.621795,
        "relative_strength": 2.272355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.68122,
        "energy": 89.287819,
        "activity_lines": [
          15292.666667,
          14813.090909,
          13850.690476,
          13343.010753
        ]
      },
      {
        "date": "2025-08-01",
        "close": 15085.0,
        "volume": 3612130,
        "typical_volume": 3510734.45,
        "trend": 12875.0,
        "fair_value": 11825.160256,
        "relative_strength": 2.352986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.069353,
        "energy": 67.694593,
        "activity_lines": [
          15268.0,
          14958.818182,
          14031.47619,
          13493.44086
        ]
      },
      {
        "date": "2025-08-08",
        "close": 15560.0,
        "volume": 2423309,
        "typical_volume": 3334992.8,
        "trend": 13000.666667,
        "fair_value": 11853.974359,
        "relative_strength": 2.553851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.651648,
        "energy": 68.880101,
        "activity_lines": [
          15380.666667,
          15141.090909,
          14243.309524,
          13666.666667
        ]
      },
      {
        "date": "2025-08-15",
        "close": 15660.0,
        "volume": 1915610,
        "typical_volume": 3285840.5,
        "trend": 13128.833333,
        "fair_value": 11884.262821,
        "relative_strength": 2.678947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.44914,
        "energy": 67.823814,
        "activity_lines": [
          15475.333333,
          15292.909091,
          14450.666667,
          13838.236559
        ]
      },
      {
        "date": "2025-08-22",
        "close": 15370.0,
        "volume": 2732167,
        "typical_volume": 3206310.95,
        "trend": 13245.166667,
        "fair_value": 11913.333333,
        "relative_strength": 2.555707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.324767,
        "energy": 61.826629,
        "activity_lines": [
          15452.0,
          15352.272727,
          14614.214286,
          13982.827957
        ]
      },
      {
        "date": "2025-08-29",
        "close": 15455.0,
        "volume": 2029653,
        "typical_volume": 3030675.85,
        "trend": 13367.666667,
        "fair_value": 11945.416667,
        "relative_strength": 2.517919,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.891563,
        "energy": 61.228084,
        "activity_lines": [
          15462.666667,
          15399.636364,
          14768.642857,
          14125.397849
        ]
      },
      {
        "date": "2025-09-05",
        "close": 15560.0,
        "volume": 1545888,
        "typical_volume": 3044269.55,
        "trend": 13494.333333,
        "fair_value": 11978.878205,
        "relative_strength": 2.54221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.443805,
        "energy": 59.938927,
        "activity_lines": [
          15507.333333,
          15448.272727,
          14914.428571,
          14266.83871
        ]
      },
      {
        "date": "2025-09-12",
        "close": 16610.0,
        "volume": 4113298,
        "typical_volume": 3184360.95,
        "trend": 13645.333333,
        "fair_value": 12019.262821,
        "relative_strength": 3.231583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.712465,
        "energy": 69.760875,
        "activity_lines": [
          15870.333333,
          15673.454545,
          15142.02381,
          14467.849462
        ]
      },
      {
        "date": "2025-09-19",
        "close": 16995.0,
        "volume": 3247509,
        "typical_volume": 2856915.4,
        "trend": 13797.5,
        "fair_value": 12064.551282,
        "relative_strength": 3.983046,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.969625,
        "energy": 84.811447,
        "activity_lines": [
          16291.666667,
          15935.545455,
          15384.452381,
          14683.956989
        ]
      },
      {
        "date": "2025-09-26",
        "close": 16840.0,
        "volume": 3498176,
        "typical_volume": 2994483.5,
        "trend": 13962.666667,
        "fair_value": 12112.019231,
        "relative_strength": 4.713514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.111463,
        "energy": 88.229036,
        "activity_lines": [
          16572.333333,
          16139.363636,
          15588.857143,
          14880.247312
        ]
      },
      {
        "date": "2025-10-03",
        "close": 17735.0,
        "volume": 2839638,
        "typical_volume": 3035666.65,
        "trend": 14153.5,
        "fair_value": 12163.333333,
        "relative_strength": 5.069994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.363715,
        "energy": 94.714304,
        "activity_lines": [
          17053.333333,
          16480.727273,
          15856.47619,
          15123.623656
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18190.0,
        "volume": 743998,
        "typical_volume": 3026079.25,
        "trend": 14356.333333,
        "fair_value": 12217.692308,
        "relative_strength": 5.777148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.996507,
        "energy": 96.298446,
        "activity_lines": [
          17534.0,
          16863.090909,
          16142.642857,
          15384.043011
        ]
      },
      {
        "date": "2025-10-17",
        "close": 18880.0,
        "volume": 5066397,
        "typical_volume": 3186577.8,
        "trend": 14565.0,
        "fair_value": 12276.698718,
        "relative_strength": 5.590416,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.008955,
        "energy": 95.612488,
        "activity_lines": [
          18069.333333,
          17314.454545,
          16466.690476,
          15675.892473
        ]
      },
      {
        "date": "2025-10-24",
        "close": 19780.0,
        "volume": 4404176,
        "typical_volume": 3204990.55,
        "trend": 14815.666667,
        "fair_value": 12340.064103,
        "relative_strength": 5.071491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.238021,
        "energy": 96.744469,
        "activity_lines": [
          18753.333333,
          17869.090909,
          16847.904762,
          16012.344086
        ]
      },
      {
        "date": "2025-10-31",
        "close": 20860.0,
        "volume": 5909201,
        "typical_volume": 3267290.2,
        "trend": 15119.166667,
        "fair_value": 12408.397436,
        "relative_strength": 6.156758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.079483,
        "energy": 98.2539,
        "activity_lines": [
          19611.666667,
          18545.181818,
          17301.952381,
          16402.301075
        ]
      },
      {
        "date": "2025-11-07",
        "close": 20075.0,
        "volume": 8542522,
        "typical_volume": 3485049.2,
        "trend": 15403.666667,
        "fair_value": 12467.467949,
        "relative_strength": 5.959095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.6511,
        "energy": 78.253912,
        "activity_lines": [
          19940.333333,
          18978.727273,
          17647.904762,
          16722.032258
        ]
      },
      {
        "date": "2025-11-14",
        "close": 20280.0,
        "volume": 3573440,
        "typical_volume": 3449356.55,
        "trend": 15688.333333,
        "fair_value": 12529.294872,
        "relative_strength": 5.328367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.291075,
        "energy": 69.810022,
        "activity_lines": [
          20181.333333,
          19365.545455,
          17986.714286,
          17036.634409
        ]
      },
      {
        "date": "2025-11-21",
        "close": 19470.0,
        "volume": 4407182,
        "typical_volume": 3501649.0,
        "trend": 15936.5,
        "fair_value": 12586.121795,
        "relative_strength": 5.115469,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.784076,
        "energy": 67.168716,
        "activity_lines": [
          20013.0,
          19519.272727,
          18222.142857,
          17280.612903
        ]
      },
      {
        "date": "2025-11-28",
        "close": 20015.0,
        "volume": 2584593,
        "typical_volume": 3432706.45,
        "trend": 16200.0,
        "fair_value": 12646.666667,
        "relative_strength": 5.855582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.764184,
        "energy": 63.641591,
        "activity_lines": [
          19987.0,
          19720.090909,
          18487.190476,
          17543.741935
        ]
      },
      {
        "date": "2025-12-05",
        "close": 20905.0,
        "volume": 3633944,
        "typical_volume": 3480393.25,
        "trend": 16489.666667,
        "fair_value": 12713.653846,
        "relative_strength": 5.703318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.128065,
        "energy": 66.199526,
        "activity_lines": [
          20242.0,
          20027.818182,
          18814.738095,
          17847.290323
        ]
      },
      {
        "date": "2025-12-12",
        "close": 21185.0,
        "volume": 2817872,
        "typical_volume": 3482035.15,
        "trend": 16778.166667,
        "fair_value": 12783.461538,
        "relative_strength": 5.217196,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.780878,
        "energy": 67.178261,
        "activity_lines": [
          20587.333333,
          20312.545455,
          19143.0,
          18150.215054
        ]
      },
      {
        "date": "2025-12-19",
        "close": 20505.0,
        "volume": 9976811,
        "typical_volume": 3800269.2,
        "trend": 17050.166667,
        "fair_value": 12849.935897,
        "relative_strength": 5.365786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.265361,
        "energy": 60.633667,
        "activity_lines": [
          20632.0,
          20410.909091,
          19379.142857,
          18390.655914
        ]
      },
      {
        "date": "2025-12-26",
        "close": 21255.0,
        "volume": 2071626,
        "typical_volume": 3782685.05,
        "trend": 17329.166667,
        "fair_value": 12922.564103,
        "relative_strength": 6.141964,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.015979,
        "energy": 63.869716,
        "activity_lines": [
          20911.666667,
          20603.545455,
          19660.904762,
          18661.935484
        ]
      },
      {
        "date": "2026-01-02",
        "close": 22555.0,
        "volume": 3222757,
        "typical_volume": 3848042.4,
        "trend": 17631.833333,
        "fair_value": 13001.346154,
        "relative_strength": 7.695506,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.816949,
        "energy": 74.761451,
        "activity_lines": [
          21505.666667,
          20989.363636,
          20039.357143,
          18999.086022
        ]
      },
      {
        "date": "2026-01-09",
        "close": 24095.0,
        "volume": 8040890,
        "typical_volume": 4113478.55,
        "trend": 17973.0,
        "fair_value": 13087.307692,
        "relative_strength": 7.865742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.247756,
        "energy": 81.654882,
        "activity_lines": [
          22443.666667,
          21604.727273,
          20531.642857,
          19416.064516
        ]
      },
      {
        "date": "2026-01-16",
        "close": 25430.0,
        "volume": 4436698,
        "typical_volume": 4233830.8,
        "trend": 18338.166667,
        "fair_value": 13181.442308,
        "relative_strength": 7.615979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.303757,
        "energy": 96.301891,
        "activity_lines": [
          23614.0,
          22404.0,
          21109.52381,
          19897.16129
        ]
      },
      {
        "date": "2026-01-23",
        "close": 26240.0,
        "volume": 5817036,
        "typical_volume": 4447388.2,
        "trend": 18720.5,
        "fair_value": 13278.141026,
        "relative_strength": 7.477137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.829564,
        "energy": 96.407591,
        "activity_lines": [
          24771.333333,
          23253.181818,
          21717.047619,
          20406.956989
        ]
      },
      {
        "date": "2026-01-30",
        "close": 27795.0,
        "volume": 9196997,
        "typical_volume": 4701573.15,
        "trend": 19154.0,
        "fair_value": 13385.160256,
        "relative_strength": 8.467597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.221763,
        "energy": 97.366214,
        "activity_lines": [
          26064.666667,
          24276.727273,
          22421.809524,
          20992.408602
        ]
      },
      {
        "date": "2026-02-06",
        "close": 27045.0,
        "volume": 9450961,
        "typical_volume": 5011745.75,
        "trend": 19544.166667,
        "fair_value": 13487.884615,
        "relative_strength": 8.069138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.235637,
        "energy": 91.198972,
        "activity_lines": [
          26672.0,
          25012.545455,
          23001.880952,
          21501.505376
        ]
      },
      {
        "date": "2026-02-13",
        "close": 29465.0,
        "volume": 6697034,
        "typical_volume": 5171688.65,
        "trend": 20011.166667,
        "fair_value": 13606.730769,
        "relative_strength": 8.513146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.289158,
        "energy": 94.456023,
        "activity_lines": [
          27786.666667,
          26060.545455,
          23764.571429,
          22141.55914
        ]
      },
      {
        "date": "2026-02-20",
        "close": 31055.0,
        "volume": 2531169,
        "typical_volume": 5156265.2,
        "trend": 20531.666667,
        "fair_value": 13736.570513,
        "relative_strength": 8.151826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.31441,
        "energy": 93.745779,
        "activity_lines": [
          29073.333333,
          27242.0,
          24618.571429,
          22854.064516
        ]
      },
      {
        "date": "2026-02-27",
        "close": 33910.0,
        "volume": 10279040,
        "typical_volume": 5633017.3,
        "trend": 21159.166667,
        "fair_value": 13884.839744,
        "relative_strength": 9.541575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.496697,
        "energy": 93.576129,
        "activity_lines": [
          30936.666667,
          28763.090909,
          25681.047619,
          23717.182796
        ]
      },
      {
        "date": "2026-03-06",
        "close": 30045.0,
        "volume": 15236135,
        "typical_volume": 6141504.2,
        "trend": 21642.0,
        "fair_value": 14009.647436,
        "relative_strength": 8.221501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.241917,
        "energy": 68.153147,
        "activity_lines": [
          31000.333333,
          29337.727273,
          26300.571429,
          24290.462366
        ]
      },
      {
        "date": "2026-03-13",
        "close": 29410.0,
        "volume": 8916323,
        "typical_volume": 6367111.55,
        "trend": 22100.333333,
        "fair_value": 14130.096154,
        "relative_strength": 7.551547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.092566,
        "energy": 66.030757,
        "activity_lines": [
          30702.333333,
          29637.090909,
          26806.452381,
          24791.623656
        ]
      },
      {
        "date": "2026-03-20",
        "close": 31180.0,
        "volume": 4878558,
        "typical_volume": 6315579.4,
        "trend": 22627.333333,
        "fair_value": 14261.378205,
        "relative_strength": 7.968743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.237273,
        "energy": 63.906289,
        "activity_lines": [
          30836.666667,
          30133.636364,
          27435.047619,
          25377.408602
        ]
      },
      {
        "date": "2026-03-27",
        "close": 29235.0,
        "volume": 6579526,
        "typical_volume": 6217429.6,
        "trend": 23086.666667,
        "fair_value": 14378.365385,
        "relative_strength": 7.364767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.945943,
        "energy": 47.581648,
        "activity_lines": [
          30208.333333,
          30147.727273,
          27829.261905,
          25803.709677
        ]
      },
      {
        "date": "2026-04-03",
        "close": 28960.0,
        "volume": 8597659,
        "typical_volume": 6468640.55,
        "trend": 23533.333333,
        "fair_value": 14493.205128,
        "relative_strength": 7.317991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.202655,
        "energy": 35.771746,
        "activity_lines": [
          29609.666667,
          30042.636364,
          28153.666667,
          26182.634409
        ]
      },
      {
        "date": "2026-04-10",
        "close": 31920.0,
        "volume": 5844910,
        "typical_volume": 6540526.95,
        "trend": 24043.666667,
        "fair_value": 14624.775641,
        "relative_strength": 8.272053,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.778081,
        "energy": 41.602557,
        "activity_lines": [
          30327.666667,
          30426.272727,
          28718.642857,
          26723.709677
        ]
      },
      {
        "date": "2026-04-17",
        "close": 33840.0,
        "volume": 4321598,
        "typical_volume": 6627377.2,
        "trend": 24605.166667,
        "fair_value": 14769.230769,
        "relative_strength": 8.30524,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.092328,
        "energy": 50.713942,
        "activity_lines": [
          31560.666667,
          31084.0,
          29407.190476,
          27355.731183
        ]
      },
      {
        "date": "2026-04-24",
        "close": 35295.0,
        "volume": 4513406,
        "typical_volume": 6671350.3,
        "trend": 25220.333333,
        "fair_value": 14924.198718,
        "relative_strength": 7.714095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.268526,
        "energy": 59.074685,
        "activity_lines": [
          32983.333333,
          31882.727273,
          30168.47619,
          28045.397849
        ]
      },
      {
        "date": "2026-05-01",
        "close": 36165.0,
        "volume": 4869321,
        "typical_volume": 6773922.75,
        "trend": 25834.666667,
        "fair_value": 15084.871795,
        "relative_strength": 8.000245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.457043,
        "energy": 80.762582,
        "activity_lines": [
          34421.666667,
          32733.636364,
          30944.095238,
          28751.505376
        ]
      },
      {
        "date": "2026-05-08",
        "close": 41845.0,
        "volume": 9163019,
        "typical_volume": 6733233.15,
        "trend": 26623.166667,
        "fair_value": 15282.24359,
        "relative_strength": 9.62801,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.461651,
        "energy": 94.690045,
        "activity_lines": [
          37291.333333,
          34524.363636,
          32189.333333,
          29784.430108
        ]
      },
      {
        "date": "2026-05-15",
        "close": 42310.0,
        "volume": 11839067,
        "typical_volume": 7221605.2,
        "trend": 27404.166667,
        "fair_value": 15480.352564,
        "relative_strength": 10.551483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.928081,
        "energy": 93.975876,
        "activity_lines": [
          39457.0,
          36255.363636,
          33377.238095,
          30796.483871
        ]
      },
      {
        "date": "2026-05-22",
        "close": 44570.0,
        "volume": 9956681,
        "typical_volume": 7558301.4,
        "trend": 28230.5,
        "fair_value": 15692.307692,
        "relative_strength": 10.813037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.346291,
        "energy": 93.92865,
        "activity_lines": [
          41683.333333,
          38174.272727,
          34680.119048,
          31903.956989
        ]
      },
      {
        "date": "2026-05-29",
        "close": 48515.0,
        "volume": 7763278,
        "typical_volume": 7544420.8,
        "trend": 29152.333333,
        "fair_value": 15928.397436,
        "relative_strength": 11.282659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.880559,
        "energy": 96.089603,
        "activity_lines": [
          44509.333333,
          40534.818182,
          36253.880952,
          33212.634409
        ]
      },
      {
        "date": "2026-06-05",
        "close": 47350.0,
        "volume": 1688625,
        "typical_volume": 7407017.15,
        "trend": 30061.5,
        "fair_value": 16156.057692,
        "relative_strength": 12.385674,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.830488,
        "energy": 91.994468,
        "activity_lines": [
          46065.666667,
          42368.363636,
          37600.404762,
          34386.677419
        ]
      },
      {
        "date": "2026-06-12",
        "close": 46715.0,
        "volume": 2511336,
        "typical_volume": 7241732.15,
        "trend": 30942.666667,
        "fair_value": 16380.032051,
        "relative_strength": 10.985264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.116151,
        "energy": 88.313278,
        "activity_lines": [
          46664.666667,
          43757.090909,
          38782.071429,
          35461.096774
        ]
      },
      {
        "date": "2026-06-19",
        "close": 53055.0,
        "volume": 1754666,
        "typical_volume": 6869615.6,
        "trend": 32062.166667,
        "fair_value": 16646.089744,
        "relative_strength": 12.667251,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.058149,
        "energy": 94.036641,
        "activity_lines": [
          49052.333333,
          45975.727273,
          40470.047619,
          36887.698925
        ]
      },
      {
        "date": "2026-06-26",
        "close": 49705.0,
        "volume": 1792603,
        "typical_volume": 6486697.7,
        "trend": 33051.833333,
        "fair_value": 16890.480769,
        "relative_strength": 13.14967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.885643,
        "energy": 68.069397,
        "activity_lines": [
          49607.0,
          47201.0,
          41718.690476,
          38025.946237
        ]
      },
      {
        "date": "2026-07-03",
        "close": 47305.0,
        "volume": 1947541,
        "typical_volume": 6249223.05,
        "trend": 33931.833333,
        "fair_value": 17120.99359,
        "relative_strength": 11.571509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.919655,
        "energy": 65.23299,
        "activity_lines": [
          49019.333333,
          47701.454545,
          42630.857143,
          38945.505376
        ]
      },
      {
        "date": "2026-07-10",
        "close": 43760.0,
        "volume": 9401600,
        "typical_volume": 6592744.6,
        "trend": 34684.333333,
        "fair_value": 17325.384615,
        "relative_strength": 11.247463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.082607,
        "energy": 52.437741,
        "activity_lines": [
          47330.666667,
          47339.0,
          43120.452381,
          39579.580645
        ]
      },
      {
        "date": "2026-07-17",
        "close": 39425.0,
        "volume": 16065572,
        "typical_volume": 6882071.2,
        "trend": 35315.0,
        "fair_value": 17502.980769,
        "relative_strength": 9.483845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.060193,
        "energy": 27.29462,
        "activity_lines": [
          44436.333333,
          46050.272727,
          43136.690476,
          39885.430108
        ]
      },
      {
        "date": "2026-07-24",
        "close": 38465.0,
        "volume": 11773125,
        "typical_volume": 6708920.7,
        "trend": 35888.666667,
        "fair_value": 17674.070513,
        "relative_strength": 8.530128,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.6519,
        "energy": 25.760572,
        "activity_lines": [
          41708.0,
          44631.0,
          43035.238095,
          40088.655914
        ]
      },
      {
        "date": "2026-07-31",
        "close": 38810.0,
        "volume": 13251074,
        "typical_volume": 6925658.25,
        "trend": 36430.5,
        "fair_value": 17847.948718,
        "relative_strength": 10.662421,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.169804,
        "energy": 24.038757,
        "activity_lines": [
          40067.333333,
          43344.363636,
          42926.547619,
          40277.129032
        ]
      },
      {
        "date": "2026-08-07",
        "close": 35525.0,
        "volume": 8946728,
        "typical_volume": 7129066.75,
        "trend": 36811.5,
        "fair_value": 18001.217949,
        "relative_strength": 6.425674,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.880787,
        "energy": 29.046158,
        "activity_lines": [
          38058.0,
          41565.181818,
          42460.238095,
          40218.709677
        ]
      }
    ],
    "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."
    }
  }
}