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record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":1.7,"sample":11},{"week":2,"averageReturn":-1.1,"sample":11},{"week":3,"averageReturn":-1.2,"sample":11},{"week":4,"averageReturn":-0.8,"sample":11},{"week":5,"averageReturn":1.5,"sample":11},{"week":6,"averageReturn":1.2,"sample":10},{"week":7,"averageReturn":7.0,"sample":10},{"week":8,"averageReturn":5.4,"sample":10},{"week":9,"averageReturn":4.5,"sample":10},{"week":10,"averageReturn":6.4,"sample":10},{"week":11,"averageReturn":8.3,"sample":10},{"week":12,"averageReturn":3.8,"sample":9},{"week":13,"averageReturn":0.8,"sample":9},{"week":14,"averageReturn":-3.0,"sample":9},{"week":15,"averageReturn":-2.2,"sample":9},{"week":16,"averageReturn":-6.0,"sample":9},{"week":17,"averageReturn":-9.7,"sample":9},{"week":18,"averageReturn":-10.2,"sample":9},{"week":19,"averageReturn":-9.5,"sample":9},{"week":20,"averageReturn":-11.8,"sample":9},{"week":21,"averageReturn":-10.0,"sample":9},{"week":22,"averageReturn":-12.6,"sample":9},{"week":23,"averageReturn":-13.1,"sample":9},{"week":24,"averageReturn":-7.4,"sample":9},{"week":25,"averageReturn":-11.9,"sample":9},{"week":26,"averageReturn":-7.1,"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":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":80.0,"averageReturn":-5.0,"sample":5},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"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":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 80.0% of comparable cases moved lower after 12 weeks, with an average move of -5.0% across 5 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"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 1.0 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 improving Market Dynamics to prepare, not anticipate","tone":"recovery","finding":"Comparable disagreements produced an average recovery of 21.7% across 9 completed cases, with the largest move arriving after 6.2 weeks on average.","approach":"Define the price level that would confirm the repair. Until that response occurs, keep the idea at watchlist or starter-position size.","watch":"The early repair fails if Market Dynamics fades before price responds."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[],"distribution_rollovers":[{"date":"2025-01-24","price":9499.9999}],"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":[6285.4683,6959.9998,7179.9999,6990.0,6830.0003,5979.9999,6340.0,6209.9999,6359.9998,6100.0001,6750.0001,6200.0,6309.9998,6790.0002,6859.9999,8069.9998,7760.0002,8830.0002,10340.0004,9340.0002,9940.0002,10149.9999,9499.9999,9549.9998,7680.0001,7059.9997,7030.0001,7020.0002,6460.0003,6589.9998,6430.0001,7236.2959,7279.9999,6750.0001,6900.0,6900.0,6129.9998,6470.0001,6460.0003,6460.0003,5550.0001,4694.084,3793.3003,3849.9999,4840.0,4670.0001,5529.9997,5410.0001,6570.0001,7049.9998,6200.0,5749.9999,5344.2756,6499.9998,5709.9998,6164.9318,6144.9161,5329.9999,5824.6598,5939.9998,5780.0001,5070.0003,5460.0,6100.0001,6039.9997,5894.7159,5814.6516,5740.0,5860.0003,5540.0002,5749.9999,5124.0994,5214.1712,5149.9999,5154.1233,5040.0001,5429.9998,5400.0002,6349.9999,4819.9999,4250.0001,5030.0002,4850.0001,4970.0001,4709.9999,5080.0002,5410.0001,5440.0003,5889.9999,5864.6916,5630.0002,5629.9999,4609.9998,4829.9999,4950.0,5020.0001,5290.0002,6540.0002,4740.0002,4940.0002,4833.867,4650.0,4623.699,4770.0001],"consensus":[30.5539,42.6395,44.9228,27.4974,15.2026,-33.882,0.0,-20.0032,0.0,-13.0102,41.4503,-24.5481,0.0,38.7084,20.7355,60.6442,11.8283,69.2522,73.6965,15.6695,38.56,46.1493,-12.6393,8.8942,-59.8377,-56.0772,-38.3233,-31.6568,-48.6218,-36.2774,-34.6321,9.5569,0.0,-34.5166,0.0,-14.2747,-48.7453,0.0,-16.5154,-18.0225,-67.4847,-72.799,-70.411,-32.7443,0.0,-23.1463,39.8168,0.0,65.0314,58.5492,-16.0213,-13.5228,-39.6754,30.9783,-34.6499,24.6714,17.7809,-35.2045,10.1172,0.0,-15.5583,-50.8372,14.6985,16.0337,14.6012,13.707,0.0,0.0,0.0,-32.9961,15.824,-52.9719,-14.5855,-9.4799,-8.568,-24.342,22.5895,-8.4977,58.3224,-53.1691,-62.1503,21.2014,-29.9556,0.0,-16.3078,14.0601,27.603,27.483,38.6901,24.2839,0.0,11.2767,-62.6706,-16.5144,-12.969,0.0,26.5903,56.402,-48.924,0.0,-11.0046,-29.5901,-14.28,-7.5654],"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":[-42.8312,44.1647,-38.3021,23.9728,13.852,-36.8206,11.0086,0.0,-16.0127,-53.9808,16.2773,2.9848,15.8758,11.1457,0.0,0.0,0.0,-33.6375,17.3897,-49.1503,-8.2605,-0.9458,-4.8801,-26.8157,14.3767,-15.9877,49.9017,-52.7747,-60.0619,24.7286,-21.7157,0.0,-25.3557,18.0537,26.5607,34.2729,27.2992,20.5963,0.0,9.3382,-58.9759,-13.4431,-9.3007,0.0,27.0922,41.4225,-48.2917,0.0,-5.1453,-24.7533,-16.1106,-8.2918],"force":[-47.1149,33.2932,-60.8645,28.9326,11.2002,-34.2729,17.4165,0.0,-23.6979,-75.8256,57.9607,35.5863,10.0058,8.8461,0.0,0.0,0.0,-52.5168,37.874,-82.4349,-1.1373,-2.6504,-4.2499,-21.2493,60.1222,-15.8572,86.0841,-89.7517,-81.7773,70.9952,-37.7378,0.0,-15.8714,26.9593,32.7958,19.5252,49.0925,7.9458,0.0,2.9326,-92.8509,-7.512,-3.0685,0.0,34.5199,83.7348,-87.4377,0.0,-3.7298,-26.1677,-2.7286,-4.6773],"direction":[-30.7548,14.2547,-11.7512,22.4261,26.9717,-34.0229,3.8846,0.0,-9.225,-29.3957,18.0074,16.9806,16.4269,20.1063,0.0,0.0,0.0,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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":"Control support is limited","controlPath":"Broadly stable","forceState":"Commitment is limited","forcePath":"Broadly stable","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Qualified support","riskState":"Contained","intensityState":"Quiet"},"cards":[{"label":"SM Consensus Gauge","value":"-7.6","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-8.3","detail":"Control support is limited","tone":"negative"},{"label":"SM Force Gauge","value":"-4.7","detail":"Commitment is limited","tone":"negative"},{"label":"SM Direction Gauge","value":"-15.5","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"56/100","detail":"Qualified support","tone":"neutral"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"46.0","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"16.8%","detail":"Elevated","tone":"caution"},{"label":"Trend quality","value":"24.2","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"16%","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 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