{"schema_version":"1.0","name":"EUSD Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"40913f41-dba6-4a21-a6b5-4966f8fd309d","symbol":"EUSD","name":"Global X European Superdividend UCITS ETF EUR Distribution","exchange":"MIL","country":"IT","asset_type":"etf","currency":"EUR","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","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, Directional strength and control, Range position and boundary pressure, Activity pressure and cumulative balance, Directional pressure and rotation, 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":49,"displayedObservations":49,"assetType":"ETF","state":"Aligned upward","stateTone":"positive","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","evidenceAlignment":{"status":"Evidence conflict","headline":"Price is ahead of Market Dynamics","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price remains elevated in the distribution zone.","take":"The gap can close through stronger Market Dynamics or weaker price. Until then, the upward structure should be treated as vulnerable rather than fully aligned.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[1.159479,1.721489,1.991222,2.110867,2.223324,2.196451,2.168236,2.353247,1.731605,1.299659,1.00073,0.453404,0.059697,-0.266657,-0.74708,-0.857039,-0.757557,-0.63299,-0.4053,-0.087707,0.158307],"opens":[17.677262,18.163358,18.360956,18.537218,18.406801,18.772368,18.88105,19.265199,19.240052,19.114832,19.361296,18.782008,18.157452,18.079908,18.294648,18.682778,18.785607,19.124578,19.367241,19.796873,20.308054],"highs":[17.96971,18.677116,18.700506,18.580693,18.772369,19.019373,19.171527,19.60322,19.363283,19.130733,19.480552,18.807695,18.205172,18.113708,18.30459,18.706507,19.339394,19.409011,19.796873,20.253357,20.5],"lows":[17.400622,17.912405,18.258204,18.325783,18.406801,18.555003,18.768416,19.142,18.623892,18.918058,19.259927,18.687159,17.805517,17.956631,18.294648,18.597748,18.635322,19.064908,19.228007,19.691453,20.16385],"closes":[17.861031,18.135695,18.465879,18.406799,18.673565,18.612307,19.029253,19.1,18.765013,18.918058,19.434837,18.770151,17.938736,18.093826,18.30459,18.633343,19.339394,19.327459,19.759081,20.198658,20.445],"hoverRows":[[{"label":"Open","value":"17.7","className":"is-ohlc","compact":true},{"label":"High","value":"18.0","className":"is-ohlc","compact":true},{"label":"Low","value":"17.4","className":"is-ohlc","compact":true},{"label":"Close","value":"17.9","className":"is-ohlc","compact":true},{"label":"Market 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The gap is a downside-risk warning until support catches up or price resets."}},"diagnosis":{"label":"Unsupported elevation","detail":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","tone":"caution"},"chartSummary":"Price is in the distribution zone. The Market Dynamics bars show whether underlying support is keeping pace with that elevated price.","summary":"Price is in distribution and ahead of Market Dynamics. The advance is not fully confirmed while that gap remains open.","annotations":[{"label":"Current tape relationship","value":"Unsupported elevation","detail":"Market Dynamics strengthened this week and remains positive.","tone":"caution"},{"label":"Price location","value":"Distribution zone","detail":"Price is extended; support can persist, but rollover risk must be monitored.","tone":"caution"},{"label":"Latest positioning marker","value":"21 Aug 2026","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"positive"},{"label":"Market Dynamics confirmation","value":"Not confirming","detail":"Market Dynamics has strengthened over four weeks, but it still lags the elevated price.","tone":"caution"}],"relationshipEvidence":{"available":false,"observations":21,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[{"date":"2026-04-17","price":18.465879},{"date":"2026-08-21","price":20.445}],"reversal_warnings":[{"date":"2026-04-17","price":18.465879},{"date":"2026-07-10","price":18.30459},{"date":"2026-07-17","price":18.633343},{"date":"2026-07-24","price":19.339394}],"reversal_dangers":[{"date":"2026-05-15","price":19.029253},{"date":"2026-07-17","price":18.633343},{"date":"2026-07-24","price":19.339394}]}},"smTape":{"available":true,"dates":["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":[14.3109,14.625,14.8885,14.5379,14.2933,14.8528,14.9158,14.8948,15.0705,14.7174,14.8944,14.9329,14.9502,15.0949,15.0833,15.5289,15.7537,16.1428,16.0668,16.4316,16.3711,16.6232,17.1553,17.5186,17.5068,17.1278,17.4876,17.6101,17.861,18.1357,18.4659,18.4068,18.6736,18.6123,19.0293,19.1,18.765,18.9181,19.4348,18.7702,17.9387,18.0938,18.3046,18.6333,19.3394,19.3275,19.7591,20.1987,20.445],"consensus":[-100.0,46.3156,-16.9454,-49.6515,-31.1029,56.7793,27.5827,22.8118,39.9896,-28.3524,32.8716,17.6684,0.0,36.8206,11.3895,67.0858,60.7186,78.7191,36.0025,65.052,32.4185,56.2882,79.4127,65.1813,36.9829,0.0,44.452,44.1332,50.6817,43.0504,52.3599,27.193,57.8474,19.1237,57.2413,24.6179,0.0,17.4312,52.6823,0.0,-48.0661,-10.5517,0.0,10.0647,63.68,38.6078,68.8369,67.5791,57.2966],"supportDates":["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,59.0666,28.5448,8.9621,23.8704,-31.5028,34.4762,17.6058,0.0,30.7242,0.3056,61.8455,65.0954,81.5032,33.5769,63.5484,26.0851,56.2545,80.1674,59.2743,29.3333,0.0,39.7476,52.9733,56.6462,33.1795,46.5151,19.2667,59.0853,9.3924,57.7851,10.9206,0.0,8.7484,63.25,0.0,-50.9531,-4.9791,0.0,17.9295,70.3504,42.0824,70.3096,73.464,62.3866],"force":[-100.0,46.3156,-16.9454,-49.6515,-31.3102,49.6893,2.5067,2.2366,28.5446,-57.8513,48.8907,7.9155,0.0,27.2313,10.0753,71.7886,54.265,91.7417,0.8585,64.3118,0.4438,46.8547,90.8639,65.6099,4.4924,0.0,39.088,30.2199,37.5485,33.4768,47.0685,5.7593,50.9964,14.334,54.6633,0.7052,0.0,2.4605,38.4596,0.0,-45.5578,-7.9918,0.0,9.1711,74.205,20.317,86.3951,69.2267,42.6958],"direction":[null,null,null,null,-30.9547,59.2296,44.3944,56.5317,66.5866,-3.6812,19.5954,24.7062,0.0,50.6374,39.3888,69.7155,60.3263,66.2353,63.8775,67.2993,63.1298,63.065,70.3707,71.626,68.9329,0.0,53.6598,43.9683,53.2459,61.1697,62.8191,59.7891,61.3262,54.1434,58.4613,58.3598,0.0,41.5628,50.764,0.0,-46.5581,-41.5466,0.0,1.7145,48.5389,47.7018,54.6122,59.6767,61.9084],"intensity":[null,null,null,null,75.0,80.0,66.6667,42.8571,12.5,44.4444,100.0,9.0909,8.3333,15.3846,14.2857,66.6667,31.25,58.8235,5.5556,57.8947,15.0,33.3333,86.3636,95.6522,8.3333,64.0,80.7692,44.4444,67.8571,96.5517,43.3333,16.129,31.25,27.2727,67.6471,68.5714,83.3333,37.8378,81.5789,94.8718,100.0,19.5122,42.8571,60.4651,93.1818,62.2222,63.0435,72.3404,75.0],"confirmation":[54.6667,37.4877,28.0892,38.5552,55.2957,85.9185,53.3809,52.5579,80.6935,55.2571,78.9827,50.6909,2.8863,79.5832,5.3088,89.6906,87.1666,93.5446,55.82,88.817,54.8969,85.7252,93.7495,88.9611,56.2942,11.8037,82.1329,81.5639,83.727,81.6348,84.683,54.3803,86.2835,30.9728,86.2304,52.7985,10.2045,50.9623,84.2638,26.3044,83.2607,28.4819,30.2644,48.4069,88.5967,79.7441,90.5405,89.5859,93.8124],"persistence":[null,null,33.3333,50.0,60.0,33.3333,14.2857,0.0,25.0,0.0,25.0,50.0,62.5,62.5,62.5,62.5,62.5,87.5,87.5,87.5,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,87.5,87.5,87.5,87.5,87.5,100.0,100.0,100.0,87.5,87.5,87.5,75.0,50.0,25.0,12.5,12.5,25.0,25.0,25.0,37.5,62.5],"assessmentRisk":[null,null,null,null,12.5987,0.3505,9.5081,30.2745,29.6187,7.0206,20.1616,1.9091,22.0191,26.7862,26.9227,15.4518,19.5314,10.631,31.994,17.4556,33.4948,20.726,10.2924,17.4075,31.5072,45.3069,20.8062,4.6007,19.6292,28.4505,23.7924,36.2817,20.9828,38.7911,20.4483,37.5038,20.1704,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upward confirmation","headline":"The gauges support the upward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same upward assessment.","take":"Current assessment: upward pressure has broad support.","tone":"positive","supportedView":"Price structure and Market Dynamics","direction":"upward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Buyer control supports the view","controlPath":"Broadly stable","forceState":"Upward commitment","forcePath":"Commitment is easing","directionState":"Upward follow-through","persistenceState":"Developing","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"+57.3","detail":"Joint upward confirmation","tone":"positive"},{"label":"SM Control Gauge","value":"+62.4","detail":"Buyer control supports the view","tone":"positive"},{"label":"SM Force Gauge","value":"+42.7","detail":"Upward commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+61.9","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"94/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned upward","detail":"completed-week alignment","tone":"positive"},{"label":"Momentum","value":"75.3","detail":"Stretched positive","tone":"positive"},{"label":"Risk pressure","value":"2.5%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"44.9","detail":"Directional","tone":"positive"},{"label":"Range position","value":"98%","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 upward.","series":[{"label":"Close","values":[14.3109,14.625,14.8885,14.5379,14.2933,14.8528,14.9158,14.8948,15.0705,14.7174,14.8944,14.9329,14.9502,15.0949,15.0833,15.5289,15.7537,16.1428,16.0668,16.4316,16.3711,16.6232,17.1553,17.5186,17.5068,17.1278,17.4876,17.6101,17.861,18.1357,18.4659,18.4068,18.6736,18.6123,19.0293,19.1,18.765,18.9181,19.4348,18.7702,17.9387,18.0938,18.3046,18.6333,19.3394,19.3275,19.7591,20.1987,20.445],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[null,null,null,null,14.443,14.5175,14.59,14.6454,14.7227,14.7217,14.7531,14.7858,14.8157,14.8665,14.9059,15.0192,15.1527,15.3327,15.4662,15.6417,15.7743,15.9287,16.1517,16.4002,16.6014,16.6971,16.8408,16.9807,17.1408,17.3217,17.5297,17.6892,17.8682,18.0035,18.19,18.3554,18.4299,18.5187,18.6852,18.7007,18.5621,18.477,18.4456,18.4798,18.6361,18.7618,18.9431,19.1714,19.403],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[null,null,null,null,null,null,null,null,null,null,null,null,14.6218,14.6569,14.6884,14.7507,14.825,14.9226,15.0074,15.1129,15.2061,15.311,15.4477,15.6011,15.7422,15.8449,15.9665,16.0883,16.2196,16.3615,16.5174,16.6574,16.8067,16.9405,17.0952,17.2437,17.3564,17.4721,17.6175,17.7028,17.7203,17.748,17.7892,17.8517,17.9619,18.0631,18.1887,18.3376,18.4937],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[null,null,null,null,null,null,null,null,null,15.2121,15.217,15.2269,15.2366,15.2744,15.3007,15.4446,15.6199,15.8708,16.0319,16.252,16.4211,16.6374,16.9595,17.304,17.5565,17.7212,17.9297,18.1246,18.3433,18.546,18.7831,18.9538,19.1238,19.2383,19.3709,19.5141,19.5664,19.6482,19.77,19.775,19.6649,19.5656,19.5286,19.5404,19.6423,19.6523,19.7745,19.9849,20.2373],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[null,null,null,null,null,null,null,null,null,14.2093,14.2378,14.2622,14.2841,14.2941,14.3077,14.2543,14.1854,14.0723,14.0265,13.9466,13.9836,13.9671,13.8716,13.8253,13.8941,13.9568,14.0056,14.0822,14.1425,14.2817,14.4017,14.5784,14.7807,15.0179,15.28,15.4939,15.7427,15.9385,16.1535,16.3823,16.6492,16.8955,17.0475,17.1471,17.2285,17.4384,17.5434,17.5919,17.5978],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["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 quality","title":"Directional strength and control","description":"Directional pressure shows which side controls the tape while strength remains direction-neutral.","reason":"Selected because directional control or trend strength is materially changing.","series":[{"label":"Trend strength","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,null,55.0021,55.383,55.9623,57.0175,58.012,58.9355,59.9227,60.9948,62.0803,63.3147,62.5795,61.8969,61.609,59.6066,55.8082,52.2811,49.3305,47.2213,46.0874,45.1168,44.6563,44.6836,44.9326],"stroke":"#10243b","width":2.0},{"label":"Positive direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,21.4383,20.5289,25.9067,26.3953,31.4015,30.567,34.1191,32.4541,31.8302,35.6355,41.5866,38.0464,34.8285,37.2153,33.3457,34.0944,39.6901,37.0779,35.7994,36.6404,37.7111,36.8982,39.9179,35.9834,34.1884,36.3255,32.7479,28.806,28.1443,29.9507,33.8801,39.2296,38.3188,40.6672,43.7992,45.2003],"stroke":"#07865c","width":1.6},{"label":"Negative direction","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,10.6767,10.2238,9.0954,8.4665,7.7927,7.1468,6.453,5.8916,5.3892,4.8023,4.2005,3.7065,6.232,5.4282,8.2492,7.6131,6.803,6.3031,6.0858,5.7781,5.4043,4.9859,4.593,11.0469,10.4959,9.6948,16.2848,25.326,24.7442,24.0281,22.6803,20.5043,19.5213,17.9861,16.5977,15.8113],"stroke":"#c13f3f","width":1.6}],"guides":[],"dates":["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,60.5651,73.0324,39.6483,50.0264,52.2826,53.2978,61.7803,61.0986,87.2313,98.7707,99.8146,92.105,93.5844,88.7098,93.9955,98.1435,91.007,88.6487,78.9548,86.1666,89.2297,95.5042,88.321,94.6066,92.8169,97.6253,90.7648,96.8799,89.9187,82.5694,85.4434,96.4138,81.7103,62.7598,63.9477,66.4677,74.4888,92.5233,91.9308,98.9166,98.5125,98.4455],"stroke":"#10243b","width":2.0},{"label":"From high","values":[null,null,null,null,null,null,null,-3.597,-2.4598,-6.5364,-5.4124,-5.168,-5.058,-4.1394,-4.2132,-1.3829,-0.1351,-0.0242,-1.0691,-0.9874,-1.779,-0.9825,-0.3422,-1.9237,-2.4721,-4.5832,-3.0668,-2.3877,-0.9967,-2.8988,-1.2547,-1.5706,-0.5263,-2.1403,-0.7421,-2.567,-4.2759,-3.4952,-0.859,-4.2497,-8.4909,-7.6997,-6.6246,-4.9475,-1.3458,-1.4067,-0.1909,-0.2701,-0.2683],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[null,null,null,null,null,null,null,6.0789,7.3302,4.8156,6.0762,6.3502,6.4735,7.5038,7.421,10.595,12.1958,14.9672,14.4254,17.0234,16.5927,18.3882,22.1779,24.7649,24.681,21.9821,24.5442,25.4167,27.2039,29.1601,28.6802,25.9737,27.7994,27.3802,30.2337,30.7179,26.8387,26.998,30.3661,24.7321,18.5356,17.3663,16.3641,17.9217,20.3106,19.4103,21.157,21.8543,20.5345],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["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,123.5812,122.729,70.5194,203.0761,101.3028,125.8619,57.0983,22.9427,116.4021,100.709,175.4349,152.824,118.4455,126.0389,91.3002,148.3951,138.7305,337.8961,146.0807,87.3141,51.908,59.3275,108.4655,117.6021,129.7041,119.7101,160.0282,105.8573,67.0755,138.1036,11.7022,25.3453,14.4404,24.6545,22.6126,3.2973,11.5888,66.6257,79.4862,147.8872,93.4073,62.9996],"stroke":"#1678a7","width":1.8},{"label":"Cumulative 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pressure","title":"Directional pressure and rotation","description":"Two independent momentum views show whether pressure is broadening, fading or stretched.","reason":"Selected because momentum is stretched and deserves mean-reversion context.","series":[{"label":"Momentum","values":[null,null,null,null,null,null,null,null,null,null,null,null,null,null,82.4385,84.8111,85.8494,87.4491,85.4161,86.9792,85.3461,86.4853,88.5149,89.6567,89.3465,79.7823,81.7766,82.4128,83.6705,84.9398,86.3169,84.8224,86.001,84.3806,86.276,86.5737,77.9509,78.9809,82.0331,68.2962,55.726,57.3047,59.4221,62.5427,68.1989,68.012,71.0978,73.8632,75.29],"stroke":"#063b66","width":2.0},{"label":"Rotation","values":[null,null,null,null,null,null,66.6774,60.5651,73.0324,39.6483,50.0264,52.2826,53.2978,61.7803,61.0986,87.2313,98.7707,99.8146,90.8146,91.7399,85.5778,92.422,97.7367,89.429,85.94,73.0627,82.3401,85.605,93.8149,83.3949,92.1002,89.8689,96.3376,85.6344,95.0304,83.3764,68.265,74.0594,93.6249,68.4595,36.9817,31.4721,27.7617,46.0491,85.3243,84.6604,98.1022,97.7654,97.9588],"stroke":"#1678a7","width":1.5},{"label":"Rotation signal","values":[null,null,null,null,null,null,null,63.6212,66.7583,57.7486,54.2357,47.3191,51.869,55.7869,58.7256,70.0368,82.3669,95.2722,96.4666,94.123,89.3774,89.9132,91.9121,93.1959,91.0352,82.8106,80.4476,80.3359,87.2533,87.6049,89.77,88.4547,92.7689,90.6136,92.3341,88.0137,82.2239,75.2336,78.6498,78.7146,66.3554,45.6378,32.0718,35.0943,53.045,72.0112,89.3623,93.5093,97.9421],"stroke":"#b87806","width":1.4}],"guides":[{"label":"Upper 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