{"schema_version":"1.0","name":"CGMD Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"7820937b-339e-4f9f-a9bb-2f282ee2c2b5","symbol":"CGMD","name":"MegaShort (-3X) Canadian Gold Miners Daily Leveraged Alternative ETF","exchange":"TOR","country":"CA","asset_type":"etf","currency":"CAD","sector":null,"industry":null},"summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price structure remains downward.","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, Strength versus the research benchmark, Drawdown and recovery pressure, Range position and boundary pressure, Directional strength and control, 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":"2026-08-14","observations":64,"displayedObservations":64,"assetType":"ETF","state":"Aligned downward","stateTone":"negative","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price structure remains downward.","evidenceAlignment":{"status":"Countertrend conflict","headline":"Improving Market Dynamics is challenging the downward price structure","summary":"Market Dynamics eased this week but remains positive. Underlying support has contracted across the recent completed path. Price structure remains downward.","take":"This is an early challenge rather than a confirmed reversal. Price must respond to the improvement before the downward technical state can be considered resolved.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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"],"values":[-0.125556,-0.137569,-0.019187,0.163144,0.318155,0.448681,0.433897,0.425831,0.397436,0.306315,0.358154,0.276805,0.47647,0.804024,1.275403,1.877615,2.332183,2.681818,2.869913,2.994432,3.058691,3.167385,3.285683,3.365024,3.331015,3.242795,2.974075,2.508798,2.079859,1.647502,1.46768,1.564099,1.605749,1.665766,1.434813,0.987481],"opens":[25.0,21.1,17.6,19.5,19.9,13.8,12.3,8.8,14.32,11.95,10.51,7.7,6.3,9.75,10.66,16.469999,12.0,9.25,8.23,8.09,9.71,12.29,8.58,10.92,10.3,11.0,12.1,10.6,11.4,10.24,12.25,13.03,15.3,12.3,12.75,6.61],"highs":[28.299999,22.5,19.5,22.5,19.9,14.75,13.3,15.2,15.32,11.97,11.28,8.1,9.6,10.77,17.0,16.469999,12.77,9.95,8.52,10.01,12.31,12.9,10.5,11.71,11.05,12.26,12.19,10.81,11.75,10.24,12.62,16.16,15.3,13.29,12.75,7.48],"lows":[19.6,19.1,17.4,18.0,15.0,13.2,10.6,8.8,11.53,9.67,8.63,6.43,6.25,8.05,10.07,12.23,8.45,7.59,7.5,7.84,9.71,8.59,7.53,10.25,9.05,10.8,11.13,10.53,11.35,9.99,12.09,12.0,10.94,11.68,6.4,6.29],"closes":[22.299999,19.4,18.200001,21.200001,15.2,14.1,10.6,15.01,13.15,9.73,8.66,6.43,9.0,10.77,16.5,12.98,9.06,7.99,7.85,9.61,12.2,8.79,10.35,10.9,9.09,12.26,11.25,10.53,11.73,10.0,12.24,15.32,12.06,12.72,6.53,6.59],"hoverRows":[[{"label":"Open","value":"25.0","className":"is-ohlc","compact":true},{"label":"High","value":"28.3","className":"is-ohlc","compact":true},{"label":"Low","value":"19.6","className":"is-ohlc","compact":true},{"label":"Close","value":"22.3","className":"is-ohlc","compact":true},{"label":"Market 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Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 31.0% across 2 completed cases, with the largest move arriving after 9.0 weeks on average.","approach":"Define the price level that would confirm the repair. 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The completed evidence gives the downward price structure stronger support.","take":"Current assessment: price structure remains primary, but the disagreement lowers confirmation.","tone":"negative","supportedView":"Price structure","direction":"downward","disagreement":true},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is easing","forceState":"Downward commitment","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-31.9","detail":"Price structure has stronger support","tone":"negative"},{"label":"SM Control Gauge","value":"-36.7","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-14.8","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction 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