{"schema_version":"1.0","name":"YLRC Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"e7cac142-3065-48d5-87d3-d23a62c4a317","symbol":"YLRC","name":"IncomeShares Lam Research (LRCX) Options ETP","exchange":"LSE","country":"GB","asset_type":"etf","currency":"GBP","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":"Rotational","stateTone":"caution","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 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travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","tone":"neutral"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is travelling between the lower accumulation area and the upper positioning zone. Market Dynamics history is not yet sufficient to confirm or challenge that progression.","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":"Between zones","detail":"Price is progressing between the lower and upper positioning zones while the Market Dynamics read develops.","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":"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":"2026-06-19","price":1008.2415}],"reversal_dangers":[{"date":"2026-06-26","price":1018.0848}]}},"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":[729.9608,819.4813,815.0896,830.1931,809.4653,821.5862,833.819,899.625,933.6775,809.3822,937.463,1008.2415,1018.0848,987.25,923.625,831.375,861.25,829.0,782.875,827.375,770.625],"consensus":[71.3704,100.0,-100.0,47.5105,48.1205,42.8377,39.7275,79.3905,54.4359,-25.5072,73.7095,61.2363,30.6782,44.6467,-11.0009,-56.1203,0.0,-35.4065,-41.4547,12.8266,-64.2726],"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,51.7861,39.268,72.0308,43.7968,-28.6736,81.9542,58.7899,11.2364,43.0841,-16.192,-47.4309,0.0,-14.3106,-21.3741,12.034,-57.681],"force":[71.3704,100.0,-100.0,47.5105,8.846,28.4093,16.9145,93.2471,34.3432,-32.8868,59.1812,39.5335,3.5401,6.8593,-33.7477,-58.9569,0.0,-48.9629,-50.0894,66.8437,-87.672],"direction":[null,null,null,null,88.8107,42.9169,56.5476,77.904,80.9467,-16.6172,74.6645,79.5344,77.3389,73.4236,-11.1796,-64.0249,0.0,-49.833,-58.2363,24.8512,-55.0919],"intensity":[null,null,null,null,50.0,20.0,66.6667,71.4286,100.0,100.0,80.0,63.6364,33.3333,46.1538,50.0,80.0,31.25,82.3529,50.0,42.1053,35.0],"confirmation":[45.5052,54.6667,54.6667,37.87,15.6251,81.132,80.0245,93.9394,84.9692,76.339,91.0187,86.9715,55.159,58.4925,29.1861,86.1774,30.8056,80.0647,81.8346,33.7311,55.0],"persistence":[null,null,33.3333,50.0,60.0,66.6667,71.4286,75.0,75.0,50.0,75.0,75.0,75.0,75.0,50.0,25.0,12.5,12.5,12.5,12.5,37.5],"assessmentRisk":[null,null,null,null,23.6894,18.6402,4.8256,8.1783,22.7139,2.2063,9.2194,16.2236,28.7728,27.4028,5.74,21.4659,47.1602,31.4235,27.708,9.3062,11.4271],"volumeParticipation":true,"latest":{"consensus":-64.3,"control":-57.7,"force":-87.7,"direction":-55.1,"confirmation":55.0,"persistence":37.5,"assessmentRisk":11.4,"intensity":35.0,"evidenceDepth":81},"analysis":{"status":"Completed 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