{"schema_version":"1.0","name":"METU Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"c4da8697-6e76-4f69-ba37-605df3877783","symbol":"METU","name":"DIREXION SHARES ETF TRUST DAILY","exchange":"MEX","country":"MX","asset_type":"etf","currency":"MXN","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, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, Drawdown and recovery pressure."},{"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":21,"displayedObservations":21,"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":["2026-04-03","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],"opens":[401.0,401.0,464.0,553.777161,538.783203,442.321991,432.825806,428.527557,421.830231,439.88816,366.398449,367.399006,345.0,419.309998,488.26001,478.950012,460.01001,390.0,340.0,385.0,333.0],"highs":[401.0,464.0,554.0,553.777161,538.783203,442.541897,441.822205,428.527557,463.013681,439.88816,375.334996,367.399006,345.0,419.309998,510.0,478.950012,460.01001,390.0,383.170013,388.390015,344.0],"lows":[401.0,401.0,464.0,553.777161,442.321991,432.435948,412.833862,421.830231,421.830231,439.88816,366.398449,367.399006,345.0,419.309998,482.01001,478.950012,390.0,300.0,340.0,349.0,300.0],"closes":[401.0,464.0,554.0,553.777161,442.321991,432.825806,438.823395,421.830231,462.883728,439.88816,375.334996,367.399006,345.0,419.309998,487.829987,478.950012,390.0,328.859985,372.929993,365.200012,310.0],"hoverRows":[[{"label":"Open","value":"401.0","className":"is-ohlc","compact":true},{"label":"High","value":"401.0","className":"is-ohlc","compact":true},{"label":"Low","value":"401.0","className":"is-ohlc","compact":true},{"label":"Close","value":"401.0","className":"is-ohlc","compact":true},{"label":"Market 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history, price has moved from the upper positioning area into the lower accumulation zone. Market Dynamics history is not yet sufficient to classify the move.","tone":"neutral"},"chartSummary":"Price is in the accumulation zone. The Market Dynamics bars show whether underlying conditions are repairing or continuing to weaken.","summary":"Across the displayed history, price has moved from the upper positioning area into the lower accumulation zone. Market Dynamics history is not yet sufficient to classify the move.","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":"Accumulation zone","detail":"Price is in the lower accumulation area. With limited Market Dynamics history, the zone describes location rather than a completed positioning signal.","tone":"caution"},{"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":21,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[{"date":"2026-04-17","price":554.0}],"reversal_dangers":[{"date":"2026-04-24","price":553.777161}]}},"smTape":{"available":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"],"close":[401.0,464.0,554.0,553.7772,442.322,432.8258,438.8234,421.8302,462.8837,439.8882,375.335,367.399,345.0,419.31,487.83,478.95,390.0,328.86,372.93,365.2,310.0],"consensus":[0.0,100.0,100.0,0.0,0.0,-49.7389,0.0,-68.9832,66.397,-14.9125,-45.9309,-50.0561,-58.504,14.3362,60.4541,35.583,-46.247,-70.5164,0.0,-40.7888,-70.1354],"supportDates":["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,-51.7496,0.0,-66.7347,56.1238,-24.3553,-30.6926,-42.8414,-53.2844,28.4828,42.3518,24.8275,-58.3766,-67.3549,0.0,-33.7725,-68.3065],"force":[0.0,100.0,100.0,0.0,0.0,-39.2337,0.0,-78.4045,96.7637,-21.583,-23.8607,-20.7272,-33.7285,23.3489,67.003,1.3937,-79.8122,-89.7754,0.0,-39.9606,-84.8513],"direction":[null,null,null,null,0.0,-54.9447,0.0,-64.8234,56.4474,-0.6439,-79.1105,-79.2508,-82.1661,8.2689,76.4646,72.2958,-8.4095,-60.373,0.0,-49.399,-61.7141],"intensity":[null,null,null,null,100.0,80.0,16.6667,14.2857,37.5,33.3333,60.0,9.0909,33.3333,69.2308,85.7143,40.0,68.75,82.3529,44.4444,10.5263,50.0],"confirmation":[0.0,54.6667,54.6667,0.0,9.5301,83.5657,29.3685,90.396,90.3291,50.3021,82.2575,83.2341,86.0458,29.0774,87.8207,55.8418,83.6372,91.2004,36.1894,81.1341,55.0],"persistence":[null,null,66.6667,50.0,40.0,16.6667,14.2857,0.0,12.5,12.5,37.5,50.0,62.5,37.5,25.0,0.0,25.0,25.0,12.5,12.5,12.5],"assessmentRisk":[null,null,null,null,25.6442,3.9206,43.9091,14.3305,15.9424,13.8734,17.6916,13.4908,19.748,25.4735,18.2337,31.2817,57.8328,12.7107,51.605,28.683,10.927],"volumeParticipation":true,"latest":{"consensus":-70.1,"control":-68.3,"force":-84.9,"direction":-61.7,"confirmation":55.0,"persistence":12.5,"assessmentRisk":10.9,"intensity":50.0,"evidenceDepth":81},"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":"Seller control supports the view","controlPath":"Broadly stable","forceState":"Downward commitment","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Normal"},"cards":[{"label":"SM Consensus Gauge","value":"-70.1","detail":"Price structure has the available support","tone":"negative"},{"label":"SM Control Gauge","value":"-68.3","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-84.9","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-61.7","detail":"Downward 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