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cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":11,"completedEpisodes":11,"activeEpisodes":0,"medianExpectedMove":6.1,"averageExpectedMove":6.5,"averageWeeksToLargestMove":7.3,"horizons":[{"weeks":4,"sample":11,"expectedCount":4,"expectedPercent":36.4,"averageReturn":-2.7,"medianReturn":-2.3,"confidenceLow":15.2,"confidenceHigh":64.6,"confidence":"Mixed historical record"},{"weeks":12,"sample":11,"expectedCount":4,"expectedPercent":36.4,"averageReturn":-4.5,"medianReturn":-1.4,"confidenceLow":15.2,"confidenceHigh":64.6,"confidence":"Mixed historical record"},{"weeks":26,"sample":9,"expectedCount":4,"expectedPercent":44.4,"averageReturn":-1.1,"medianReturn":-2.0,"confidenceLow":18.9,"confidenceHigh":73.3,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-2.9,"sample":11},{"week":2,"averageReturn":-2.8,"sample":11},{"week":3,"averageReturn":-2.0,"sample":11},{"week":4,"averageReturn":-2.7,"sample":11},{"week":5,"averageReturn":-2.1,"sample":11},{"week":6,"averageReturn":-4.9,"sample":11},{"week":7,"averageReturn":-4.7,"sample":11},{"week":8,"averageReturn":-6.5,"sample":11},{"week":9,"averageReturn":-6.8,"sample":11},{"week":10,"averageReturn":-6.0,"sample":11},{"week":11,"averageReturn":-5.6,"sample":11},{"week":12,"averageReturn":-4.5,"sample":11},{"week":13,"averageReturn":-4.5,"sample":11},{"week":14,"averageReturn":-3.7,"sample":11},{"week":15,"averageReturn":-3.4,"sample":11},{"week":16,"averageReturn":-1.7,"sample":10},{"week":17,"averageReturn":-1.6,"sample":10},{"week":18,"averageReturn":-1.6,"sample":10},{"week":19,"averageReturn":-1.4,"sample":10},{"week":20,"averageReturn":-2.9,"sample":10},{"week":21,"averageReturn":-2.7,"sample":10},{"week":22,"averageReturn":0.9,"sample":9},{"week":23,"averageReturn":2.2,"sample":9},{"week":24,"averageReturn":-0.5,"sample":9},{"week":25,"averageReturn":-0.9,"sample":9},{"week":26,"averageReturn":-1.1,"sample":9}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Countertrend conflict","tone":"caution","headline":"Market Dynamics is repairing against a downward price structure","use":"The downside structure remains in place, but improving Market Dynamics weakens that case. A positive price response is needed to confirm the repair.","confirm":"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.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"strengthening","zone":"middle","zoneContext":"Market Dynamics remains below zero, but it has improved across the recent completed path. This is an early repair watch until price confirms it.","historical":{"label":"Broad directional cases","weeks":12,"sample":0},"nowContext":{"label":"Stronger this week","detail":"Market Dynamics improved this week but remains below zero."},"fourWeekContext":{"label":"Strengthened over four weeks","detail":"Underlying support has strengthened across the recent completed path."},"priceContext":{"label":"Price remains in a downward structure","detail":"Improving Market Dynamics has not yet produced a positive price response."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Zone positioning","title":"Use distribution to protect capital before considering the short case","tone":"negative","finding":"After distribution, 100.0% of completed 12-week outcomes were lower across 2 cases. Distinct visits lasted 4.5 weeks on average before leaving the zone.","approach":"Review long exposure and define the evidence that would confirm a rollover. Short exposure should begin only after price weakens and the loss limit is known.","watch":"A sustained repair in price and Market Dynamics invalidates the downside setup."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 11.1% across 22 completed cases, with the largest move arriving after 7.5 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2025-06-27","price":1912.951416},{"date":"2025-07-18","price":1982.913086}],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","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"],"close":[1822.6362,1842.6212,1806.6483,1776.6707,1836.6257,1856.6107,1812.6438,1792.6587,1860.6079,1752.6885,1688.7365,1660.7574,1708.7214,1738.699,1798.6542,1789.0194,1749.0414,1713.061,1707.0643,1737.048,1629.1071,1703.0665,1629.1071,1671.084,1715.0599,1691.0731,1693.072,1689.0742,1703.0665,1727.0533,1747.0424,1769.0304,1699.0687,1679.0797,1775.0271,1830.9963,1898.9591,1998.9044,1998.9044,2033.8853,2013.8962,2063.8687,2058.8716,2023.8906,1912.9514,2023.8906,1986.911,1982.9131,1929.4949,1845.5168,1883.507,1869.5106,1883.507,1809.5262,1849.5159,1889.5054,1835.5195,1851.5153,1847.5164,1817.5242,1835.5195,1861.5127,1775.5352,1717.5504,1711.5519,1769.5367,1581.5859,1396.0,1410.0,1374.0,1356.0,1340.0,1376.0,1366.0,1330.0,1332.0,1344.0,1386.0,1396.0,1370.0,1330.0,1344.0,1296.0,1256.0,1322.0,1366.0,1372.0,1420.0,1188.0,1046.0,1026.0,1068.0,1004.0,986.0,1004.0,950.0,768.0,754.3131,848.972,867.7066,840.0978,839.1117,857.0,855.0],"consensus":[0.0,24.4714,-8.7717,-20.1995,35.524,28.4978,-15.474,-16.3132,36.4028,-47.8274,-52.4427,-45.0717,0.0,0.0,32.2068,0.0,-10.6256,-28.5685,-16.8581,0.0,-56.4221,14.047,-44.2999,0.0,21.0389,-15.7807,0.0,0.0,0.0,18.3674,19.429,33.1112,-30.5952,-16.4126,42.4901,45.5484,63.5849,75.6522,45.5706,52.6293,19.6791,54.2037,29.7868,0.0,-45.0297,41.9062,-18.4481,0.0,-23.0049,-48.1417,-9.7227,-23.7458,-12.6813,-47.3953,0.0,13.8209,-32.1553,0.0,-15.7926,-32.7732,0.0,11.554,-49.6929,-55.996,-32.5405,10.1566,-74.6746,-82.7577,-28.2225,-58.6441,-51.0893,-52.7703,-11.4207,-30.9044,-42.548,-34.2666,-23.137,0.0,8.96,-21.4578,-36.8145,-8.4228,-50.7417,-52.1111,18.1627,17.6658,22.6589,46.3158,-60.3452,-68.5799,-47.4327,-13.786,-61.8727,-29.8569,-30.6128,-42.5783,-72.5604,-42.246,0.0,-16.3432,-36.6165,-21.8365,0.0,-13.0223],"supportDates":["2025-08-22","2025-08-29","2025-09-05","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"],"control":[-9.4579,-50.7296,0.0,17.4465,-29.9851,0.0,-19.1916,-33.4297,0.0,13.8106,-50.6041,-56.1247,-27.6068,18.5274,-72.5749,-85.4024,-17.0934,-56.7987,-49.7536,-61.1188,-7.6048,-33.164,-41.7292,-44.1783,-25.9293,0.0,6.7707,-32.8187,-42.922,-3.9769,-53.4044,-58.7387,23.6737,16.9224,19.0343,40.8315,-53.3324,-67.0106,-48.4212,-1.9074,-68.1985,-28.0892,-39.9262,-39.6661,-79.721,-37.8872,0.0,-11.956,-51.4674,-39.6505,0.0,-12.4822],"force":[-1.8236,-55.2184,0.0,30.5199,-39.5566,0.0,-12.1608,-29.247,0.0,26.0247,-62.6656,-64.2926,-15.6243,55.501,-96.8797,-96.4536,-12.1636,-44.6064,-26.1116,-28.6026,-38.971,-8.2986,-36.2655,-9.2251,-5.6097,0.0,25.8596,-19.6733,-38.8421,-12.1936,-56.3897,-45.6018,55.7012,27.2706,25.6423,55.5908,-94.5618,-87.2247,-29.9894,-25.2047,-58.2937,-5.7446,-2.4068,-29.6684,-69.9937,-14.5473,0.0,-20.1694,-34.494,-0.8488,0.0,-2.112],"direction":[-24.1206,-37.9966,0.0,2.2506,-29.3488,0.0,-14.5021,-34.5415,0.0,1.3611,-39.3853,-49.9226,-50.262,31.79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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":"Commitment is limited","forcePath":"Commitment is easing","directionState":"Downward follow-through","persistenceState":"Established","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-13.0","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-12.5","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-2.1","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-24.4","detail":"Downward 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