{"schema_version":"1.0","name":"CEMM Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"1d3dc495-0f6e-434a-b632-71ae87a704ee","symbol":"CEMM","name":"iShares Core UK Gilts UCITS ETF EUR Hedged Accumulation","exchange":"GER","country":"DE","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","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, Activity pressure and cumulative balance, Range pressure and compression, Range position and boundary pressure, Acceleration, deceleration and rollover, Directional strength and control."},{"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":50,"displayedObservations":50,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"Price structure and the underlying tape currently reinforce the same downside read.","evidenceAlignment":{"status":"Evidence aligned downward","headline":"Downward price structure is confirmed by Market Dynamics","summary":"Price structure and the underlying tape currently reinforce the same downside read.","take":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","tone":"negative","conflict":false},"marketDynamics":{"available":true,"readAvailable":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"],"values":[-0.785454,-0.969009,-0.925262,-0.898349,-0.811872,-0.966484,-0.807051,-0.870057,-0.685598,-0.347703,-0.442445,-0.150451,-0.101128,-0.005805,0.165129,0.190781,0.169367,0.036352,-0.026856,-0.001675,-0.039118,-0.066308],"opens":[4.9731,5.0184,5.0592,5.03,5.0592,5.0058,5.0268,5.0128,4.94,5.0606,5.0416,5.0526,5.0766,5.1188,5.0894,5.048,5.042,5.0218,5.0344,5.0492,5.0504,5.0202],"highs":[5.0484,5.0634,5.1052,5.081,5.0592,5.0156,5.037,5.014,5.0366,5.0854,5.0426,5.076,5.0766,5.121,5.0894,5.0582,5.043,5.0254,5.0394,5.064,5.0506,5.0208],"lows":[4.95,4.9939,5.008,5.03,4.9998,4.9625,4.9593,4.9362,4.94,5.04,5.0374,5.0526,5.0638,5.097,5.0806,5.048,5.0352,4.9799,5.0016,5.0238,5.009,4.9964],"closes":[4.9918,5.0514,5.0488,5.0714,5.015,4.9878,5.0256,4.9362,5.0366,5.0654,5.038,5.0602,5.064,5.1046,5.089,5.0562,5.0356,5.0102,5.0016,5.0528,5.0146,5.006],"hoverRows":[[{"label":"Open","value":"4.97","className":"is-ohlc","compact":true},{"label":"High","value":"5.05","className":"is-ohlc","compact":true},{"label":"Low","value":"4.95","className":"is-ohlc","compact":true},{"label":"Close","value":"4.99","className":"is-ohlc","compact":true},{"label":"Market 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week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"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":"Negative and weakening","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and weakening","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","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":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":false,"observations":22,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-05-22","price":5.0366}],"reversal_dangers":[{"date":"2026-05-29","price":5.0654}]}},"smTape":{"available":true,"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","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":[5.0136,4.9959,4.9922,5.014,5.0232,5.0758,5.1233,5.1362,5.1154,5.073,5.0876,5.134,5.1296,5.1108,5.1128,5.121,5.1172,5.1758,5.1666,5.1312,5.1244,5.1174,5.162,5.1894,5.2358,5.1178,5.045,4.9871,4.9918,5.0514,5.0488,5.0714,5.015,4.9878,5.0256,4.9362,5.0366,5.0654,5.038,5.0602,5.064,5.1046,5.089,5.0562,5.0356,5.0102,5.0016,5.0528,5.0146,5.006],"consensus":[-90.2913,-100.0,-60.6383,58.0,39.8132,62.9374,72.0155,65.0282,14.6173,-23.7462,24.854,63.6519,32.1661,9.3924,18.7978,28.8703,0.0,66.8127,16.4486,-24.3041,0.0,-17.494,43.5838,54.2468,72.8675,-47.2794,-64.1793,-70.1022,-32.6496,0.0,-15.2983,19.6563,-45.7446,-41.4867,8.3995,-66.6652,38.3687,31.4874,-15.5609,21.1034,0.0,37.293,25.5883,0.0,-30.3102,-35.7158,-42.7773,25.1867,-39.0164,-22.3371],"supportDates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","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,60.6013,77.5933,62.378,2.0935,-27.9079,41.897,68.8594,30.8382,7.7989,6.8172,43.2206,0.0,76.1375,1.2714,-29.7316,0.0,-8.4802,51.3057,60.7137,72.1809,-48.2196,-59.2473,-61.2946,-26.1219,0.0,-14.6415,18.2306,-50.8427,-38.9758,8.4693,-73.7596,38.9881,21.8088,-27.051,11.4145,0.0,25.7883,27.821,0.0,-39.5635,-26.2865,-45.0329,27.4864,-43.1375,-27.0411],"force":[-90.2913,-100.0,-60.6383,58.0,34.8562,48.7225,49.8433,46.4476,43.0051,-69.5352,23.1556,81.3961,5.3583,20.0391,2.3727,16.5514,0.0,63.5922,13.4668,-76.5884,0.0,-24.3219,58.4483,45.2576,88.7249,-86.0041,-79.1483,-90.8916,-0.4786,0.0,-6.5738,39.5903,-68.2278,-31.903,58.0842,-64.9873,89.1536,54.4762,-20.0895,26.8657,0.0,53.8223,9.7,0.0,-28.6677,-43.5939,-38.9453,50.8756,-53.3739,-16.4466],"direction":[null,null,null,null,43.3539,75.7608,81.4782,81.3288,74.8742,-13.7165,6.5895,45.0259,52.8321,50.0622,44.2222,21.2691,0.0,58.4561,55.162,-19.2445,0.0,-22.9184,24.1412,53.277,62.3254,-18.5444,-59.1236,-65.3183,-63.7727,0.0,-22.2808,7.047,-23.8587,-51.2017,27.1693,-59.7559,1.386,26.1282,-0.8054,28.0605,0.0,38.6346,34.3855,0.0,-20.9082,-40.8651,-42.9366,4.2092,-24.0512,-21.1687],"intensity":[null,null,null,null,25.0,100.0,83.3333,71.4286,50.0,77.7778,90.0,72.7273,50.0,30.7692,7.1429,26.6667,12.5,94.1176,77.7778,57.8947,60.0,38.0952,72.7273,95.6522,83.3333,100.0,92.3077,88.8889,89.2857,79.3103,50.0,35.4839,75.0,54.5455,44.1176,97.1429,97.2222,94.5946,50.0,33.3333,10.0,56.0976,33.3333,34.8837,22.7273,71.1111,26.087,65.9574,45.8333,32.6531],"confirmation":[51.5599,54.6667,42.0709,41.2267,57.847,87.7424,90.2842,88.2831,12.7971,34.5237,52.9752,88.83,54.8297,8.3094,28.364,76.6444,4.4365,89.1398,7.456,36.0602,3.0614,73.9435,82.2822,84.9865,91.8113,84.2953,89.0687,91.2005,54.9732,35.8578,49.9729,52.2526,83.2458,81.0219,32.6638,89.1736,59.1496,78.9241,50.4476,75.0763,3.9955,80.6128,75.67,23.8569,77.5082,79.8128,81.5376,54.1409,80.86,82.8967],"persistence":[null,null,100.0,50.0,20.0,0.0,14.2857,25.0,50.0,50.0,75.0,75.0,75.0,75.0,75.0,75.0,62.5,87.5,87.5,62.5,50.0,25.0,25.0,25.0,37.5,12.5,12.5,12.5,25.0,12.5,37.5,37.5,62.5,62.5,37.5,37.5,12.5,0.0,0.0,0.0,12.5,37.5,37.5,50.0,25.0,0.0,0.0,0.0,12.5,37.5],"assessmentRisk":[null,null,null,null,8.7866,18.4031,13.9888,17.4826,42.6185,7.1661,55.0404,35.5908,7.1332,38.9075,26.9727,36.7694,19.1167,15.2538,39.6114,29.7633,14.3209,39.9446,30.4118,21.569,13.5408,24.1041,17.2257,14.923,33.6706,46.6353,11.5171,36.9015,44.1723,21.5563,24.8518,15.9551,2.5102,26.9195,19.1591,38.7295,25.6858,14.9059,27.2784,2.7941,11.8165,30.6537,26.6896,16.328,5.0245,3.7562],"volumeParticipation":true,"latest":{"consensus":-22.3,"control":-27.0,"force":-16.4,"direction":-21.2,"confirmation":82.9,"persistence":37.5,"assessmentRisk":3.8,"intensity":32.7,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-22.3","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-27.0","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-16.4","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-21.2","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"83/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"44.2","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"1.0%","detail":"Normal","tone":"neutral"},{"label":"Trend quality","value":"14.4","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"22%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned downward.","series":[{"label":"Close","values":[5.0136,4.9959,4.9922,5.014,5.0232,5.0758,5.1233,5.1362,5.1154,5.073,5.0876,5.134,5.1296,5.1108,5.1128,5.121,5.1172,5.1758,5.1666,5.1312,5.1244,5.1174,5.162,5.1894,5.2358,5.1178,5.045,4.9871,4.9918,5.0514,5.0488,5.0714,5.015,4.9878,5.0256,4.9362,5.0366,5.0654,5.038,5.0602,5.064,5.1046,5.089,5.0562,5.0356,5.0102,5.0016,5.0528,5.0146,5.006],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,5.011,5.0228,5.0411,5.0584,5.0687,5.0695,5.0728,5.0839,5.0922,5.0956,5.0987,5.1028,5.1054,5.1182,5.127,5.1278,5.1272,5.1254,5.132,5.1425,5.1594,5.1519,5.1324,5.106,5.0852,5.0791,5.0736,5.0732,5.0626,5.049,5.0448,5.025,5.0271,5.0341,5.0348,5.0394,5.0439,5.0549,5.0611,5.0602,5.0557,5.0475,5.0391,5.0416,5.0367,5.0311],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,5.0573,5.0612,5.0651,5.0692,5.0728,5.0804,5.0868,5.0901,5.0926,5.0944,5.0995,5.1061,5.1157,5.1159,5.1106,5.1015,5.0934,5.0902,5.0872,5.086,5.0807,5.0739,5.0703,5.0604,5.0586,5.0591,5.0575,5.0577,5.0582,5.0616,5.0637,5.0631,5.0611,5.0573,5.0532,5.0531,5.0503,5.047],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,5.1611,5.1607,5.1711,5.1775,5.1786,5.1795,5.1814,5.1822,5.1938,5.2012,5.2019,5.202,5.1971,5.1934,5.1952,5.2075,5.2054,5.2114,5.225,5.2337,5.2345,5.2356,5.2334,5.234,5.2375,5.2365,5.2423,5.2388,5.2273,5.2156,5.2093,5.2037,5.2022,5.1915,5.1705,5.1253,5.1131,5.1122,5.1129,5.1119,5.1107],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,4.9514,4.9575,4.9596,4.9631,4.9678,4.9721,4.9759,4.9796,4.9786,4.9797,4.9831,4.994,5.0111,5.0318,5.0475,5.0565,5.0627,5.0489,5.0204,4.9994,4.9963,4.9914,4.9873,4.9752,4.9595,4.9518,4.9275,4.9229,4.9234,4.9222,4.9214,4.921,4.9212,4.9246,4.9323,4.9575,4.9589,4.9554,4.9613,4.9646,4.9613],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","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"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[null,null,null,null,null,null,null,78.4071,97.0748,82.7076,31.0567,163.458,0.0,29.9185,170.4352,1.036,0.0145,1.5527,31.0657,155.452,26.9754,71.8404,44.0586,16.0898,210.7412,209.3056,49.3435,137.9226,128.9043,238.3205,96.6431,33.3779,163.5708,48.0653,328.7717,25.8317,296.5171,491.6139,0.3438,63.0693,1.2296,301.5421,12.6958,24.4552,13.6104,98.0853,72.1615,75.1202,52.5746,55.741],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[null,null,null,null,null,null,null,135.0,124.1634,115.1046,118.2868,135.0,135.0,132.2344,135.0,135.0,134.9991,135.0,133.2654,124.3247,122.8367,119.1888,121.3997,122.1632,132.2409,123.2155,121.034,114.9353,120.5108,131.3644,126.8515,128.2277,120.8831,118.7204,134.095,132.8721,135.0,135.0,134.9898,135.0,135.0,135.0,134.6908,134.0906,133.7755,131.5299,129.841,131.5948,130.3803,129.1512],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","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"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,0.6621,0.6534,0.6273,0.6044,0.6379,0.6244,0.6442,0.6322,0.6453,0.6881,0.6832,0.7115,0.8654,0.9718,1.1266,1.1859,1.1895,1.2426,1.2205,1.2481,1.2413,1.2544,1.3152,1.3393,1.3054,1.2585,1.2171,1.1524,1.1414,1.0968,1.083,1.0395,1.0496,1.0302,1.0352,1.0309,0.9938],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[null,null,null,null,null,null,null,null,null,4.1478,4.0162,4.1739,4.2278,4.1539,4.0859,4.0466,3.9885,4.2326,4.3514,4.2966,4.0782,3.6441,3.1608,2.8852,2.9425,2.7799,3.1658,3.9925,4.5787,4.6566,4.7748,4.8146,5.0705,5.4524,5.5889,6.1899,6.2188,5.9869,5.7894,5.6833,5.5851,5.5506,5.2781,4.7164,3.328,3.0629,3.1157,3.0086,2.9244,2.9666],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","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"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[null,null,null,null,null,null,null,95.5808,82.4495,54.6468,63.6927,92.4411,89.715,78.0669,79.3061,84.3866,82.0322,100.0,89.0304,71.6944,68.3643,64.9363,86.7777,96.6006,94.6456,50.1508,22.6998,3.7701,13.9333,33.8,32.9333,40.4667,21.6667,12.6,25.2,0.0,31.9949,41.1727,32.441,39.5156,40.7266,53.6648,48.6934,38.2409,31.6762,23.5819,20.8413,37.1574,24.9841,22.2435],"stroke":"#10243b","width":2.0},{"label":"From 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impulse","title":"Acceleration, deceleration and rollover","description":"The impulse path separates directional acceleration from a loss of momentum.","reason":"Selected because the latest impulse is unusually active or is approaching a change of direction.","series":[{"label":"Impulse","values":[null,null,null,null,null,null,null,null,null,null,null,null,0.0283,0.0282,0.028,0.0281,0.0276,0.0316,0.0336,0.032,0.0298,0.0272,0.0284,0.0312,0.0367,0.0313,0.0208,0.0077,-0.0022,-0.0052,-0.0077,-0.0078,-0.0122,-0.0178,-0.0189,-0.0267,-0.0245,-0.0202,-0.0187,-0.0156,-0.0127,-0.0071,-0.0038,-0.0038,-0.0054,-0.0086,-0.0118,-0.01,-0.0115,-0.0133],"stroke":"#1678a7","width":2.0},{"label":"Signal","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,0.0281,0.0288,0.0297,0.0302,0.0301,0.0295,0.0293,0.0297,0.0311,0.0311,0.0291,0.0248,0.0194,0.0145,0.01,0.0065,0.0027,-0.0014,-0.0049,-0.0092,-0.0123,-0.0139,-0.0148,-0.015,-0.0145,-0.0131,-0.0112,-0.0097,-0.0089,-0.0088,-0.0094,-0.0095,-0.0099,-0.0106],"stroke":"#b87806","width":1.7},{"label":"Expansion","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,-0.0004,0.0028,0.0039,0.0018,-0.0003,-0.0023,-0.0009,0.0015,0.0057,0.0001,-0.0083,-0.0171,-0.0216,-0.0197,-0.0178,-0.0143,-0.015,-0.0164,-0.014,-0.0174,-0.0122,-0.0063,-0.0039,-0.0006,0.0018,0.006,0.0074,0.0059,0.0034,0.0002,-0.0024,-0.0005,-0.0016,-0.0027],"stroke":"#07865c","width":1.0,"fill":"rgba(7,134,92,.12)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","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"]},{"key":"directional","eyebrow":"Trend 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