{"schema_version":"1.0","name":"IBX Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"1be5856e-c5a1-4baf-8f9e-6cd0fce4e118","symbol":"IBX","name":"Tradr 2X Long IBM Daily ETF","exchange":"CBOE","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Completed returns and cumulative progression, Range expansion and closing direction, Drawdown and recovery pressure, Activity pressure and cumulative balance, Range pressure and compression."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-21","observations":22,"displayedObservations":22,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","evidenceAlignment":{"status":"Evidence developing","headline":"Price structure is visible; Market Dynamics is not yet established","summary":"The completed price path and its progression through the positioning zones can be described, but there is not enough usable Market Dynamics history to confirm or challenge the technical state.","take":"Treat movement through the zones as price-location context only. Reaching the upper zone shows extension, but without an established Market Dynamics read it does not by itself establish active distribution, divergence or reversal risk.","tone":"neutral","conflict":false},"marketDynamics":{"available":true,"readAvailable":false,"dates":["2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"opens":[24.25,23.115,24.4,21.36,26.34,21.36,21.22,21.09,19.26,25.4,40.49,30.97,28.36,23.41,28.0,31.32,30.95,14.39,15.32,16.88,18.01,17.62],"highs":[24.36,24.8006,24.655,26.02,26.75,21.8,21.55,21.09,27.44,34.86,42.33,31.92,28.8698,27.82,32.21,36.02,32.66,15.25,17.278,18.41,19.085,18.52],"lows":[22.5857,22.7707,21.3554,21.36,19.1,20.01,19.86,17.98,18.75,23.62,30.065,26.9,22.25,22.33,27.0,29.9,13.65,12.9136,15.03,16.15,17.52,16.8528],"closes":[22.5857,24.8006,21.3554,25.7566,21.33,21.35,21.38,19.22,25.21,34.36,30.67,28.03,23.31,27.53,31.12,30.58,14.78,14.94,16.2,18.1,17.9,18.065],"hoverRows":[[{"label":"Open","value":"24.2","className":"is-ohlc","compact":true},{"label":"High","value":"24.4","className":"is-ohlc","compact":true},{"label":"Low","value":"22.6","className":"is-ohlc","compact":true},{"label":"Close","value":"22.6","className":"is-ohlc","compact":true},{"label":"Market 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history","context":{"scenario":"developing","latestDirection":"steady","fourWeekDirection":"steady","now":{"label":"Little changed this week","detail":"Market Dynamics remains positive and was little changed this week."},"fourWeek":{"label":"Broadly steady over four weeks","detail":"The broader path has not changed enough to establish a new direction."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Zone progression","detail":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","annotations":[{"label":"Current tape relationship","value":"Zone progression","detail":"Market Dynamics remains positive and was little changed this week.","tone":"neutral"},{"label":"Price location","value":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","tone":"neutral"},{"label":"Latest positioning marker","value":"None in view","detail":"Entering the lower zone alone does not create a positioning confirmation.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Unavailable","detail":"Too little usable Market Dynamics history is available for a directional confirmation read.","tone":"neutral"}],"relationshipEvidence":{"available":false,"observations":22,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-29","price":34.36}],"reversal_dangers":[{"date":"2026-06-05","price":30.67}]}},"smTape":{"available":true,"dates":["2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"close":[22.5857,24.8006,21.3554,25.7566,21.33,21.35,21.38,19.22,25.21,34.36,30.67,28.03,23.31,27.53,31.12,30.58,14.78,14.94,16.2,18.1,17.9,18.065],"consensus":[-100.0,100.0,-100.0,51.4433,-48.0999,-19.6878,0.0,-62.0369,61.8934,82.1462,0.0,0.0,-47.7961,33.0079,53.0274,12.8674,-67.6618,-25.5476,-23.8362,-10.049,-19.0099,-4.1718],"supportDates":["2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14","2026-08-21"],"control":[null,null,null,null,null,-6.9826,0.0,-49.3202,46.998,72.5841,0.0,0.0,-41.751,43.5641,52.1587,3.1605,-58.8163,-13.8784,-19.8416,-3.3741,-31.2335,-7.6215],"force":[-100.0,100.0,-100.0,51.4433,-43.8451,-3.3563,0.0,-78.3593,91.4921,98.5454,0.0,0.0,-83.025,69.2755,72.7122,15.2142,-97.3931,-2.8206,-15.946,-23.2101,-2.3945,-14.589],"direction":[null,null,null,null,-51.1391,-45.8734,0.0,-64.9114,57.7749,81.3606,0.0,0.0,-29.5411,4.9618,39.9596,44.0192,-56.5345,-59.1469,-56.8173,-49.1462,-16.9082,-13.63],"intensity":[null,null,null,null,100.0,100.0,16.6667,28.5714,100.0,100.0,90.0,100.0,58.3333,38.4615,57.1429,33.3333,100.0,100.0,11.1111,10.5263,10.0,9.5238],"confirmation":[54.6667,54.6667,54.6667,39.1285,60.5308,28.6626,3.1955,88.543,88.9349,94.9323,39.3794,35.6106,84.4605,57.8988,85.5819,6.6553,90.6927,53.4236,32.5445,8.0779,50.7239,3.823],"persistence":[null,null,33.3333,0.0,20.0,33.3333,28.5714,37.5,12.5,12.5,0.0,12.5,12.5,12.5,25.0,50.0,25.0,0.0,12.5,25.0,25.0,37.5],"assessmentRisk":[null,null,null,null,7.7844,28.9772,2.3918,17.8949,9.491,8.6996,48.9807,49.31,3.1778,62.5388,21.3555,20.6151,10.8233,35.8947,37.468,43.5443,33.8255,27.389],"volumeParticipation":true,"latest":{"consensus":-4.2,"control":-7.6,"force":-14.6,"direction":-13.6,"confirmation":3.8,"persistence":37.5,"assessmentRisk":27.4,"intensity":9.5,"evidenceDepth":85},"analysis":{"status":"Price structure has the available support","headline":"The gauges support the price-technical view","summary":"Market Dynamics does not provide a directional confirmation. The completed evidence supports the downward price structure.","take":"Current assessment: follow price structure with limited confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Control support is limited","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Limited support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-4.2","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-7.6","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-14.6","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-13.6","detail":"Downward 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