{"schema_version":"1.0","name":"SBTU Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-21","ticker":{"uuid":"f9cd02cb-af15-44bb-b74f-923cdb4b152d","symbol":"SBTU","name":"T-REX 2X Long SBET Daily Target ETF","exchange":"CBOE","country":"US","asset_type":"etf","currency":"USD","sector":null,"industry":null},"summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains rotational.","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, Drawdown and recovery pressure, Activity pressure and cumulative balance, Acceleration, deceleration and rollover, Range pressure and compression, Directional strength and control."},{"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":44,"displayedObservations":44,"assetType":"ETF","state":"Rotational","stateTone":"caution","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains rotational.","evidenceAlignment":{"status":"Positive support; price rotational","headline":"Market Dynamics is positive while price has no clear direction","summary":"Market Dynamics strengthened this week and remains positive. Underlying support has strengthened across the recent completed path. Price structure remains rotational.","take":"The underlying condition is constructive, but a positive price response is still required.","tone":"caution","conflict":true},"marketDynamics":{"available":true,"readAvailable":true,"dates":["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":[0.232069,0.439256,0.529558,0.682263,0.776657,0.633041,0.588888,0.544426,0.592309,0.702047,0.852563,0.997359,1.171334,1.273955,1.327466,1.512148],"opens":[4.07,3.98,3.0,2.82,2.37,2.04,2.36,2.03,1.51,1.89,1.95,2.1,2.35,2.23,2.43,2.45],"highs":[4.5,4.6,3.0,2.99,2.77,2.169,2.47,2.08,2.04,2.11,2.485,2.65,2.6495,2.575,2.46,3.9109],"lows":[3.76,3.17,2.6201,2.26,1.74,1.7558,1.715,1.3,1.38,1.72,1.825,2.05,2.135,2.18,2.21,2.3],"closes":[4.02,3.22,2.72,2.61,1.82,2.05,1.89,1.52,1.8454,1.97,2.04,2.12,2.33,2.52,2.39,3.74],"hoverRows":[[{"label":"Open","value":"4.07","className":"is-ohlc","compact":true},{"label":"High","value":"4.50","className":"is-ohlc","compact":true},{"label":"Low","value":"3.76","className":"is-ohlc","compact":true},{"label":"Close","value":"4.02","className":"is-ohlc","compact":true},{"label":"Market 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A slight weekly pause does not yet change the broader constructive reading.","tone":"positive"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Market Dynamics remains positive and has strengthened across the recent completed path. A slight weekly pause does not yet change the broader constructive reading.","annotations":[{"label":"Current tape relationship","value":"Sustained positive support","detail":"Market Dynamics strengthened this week and remains positive.","tone":"positive"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","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":"Supported","detail":"Underlying support has strengthened across the recent completed path.","tone":"positive"}],"relationshipEvidence":{"available":false,"observations":16,"summary":"More completed weekly history is needed for a dependable ticker-level record."},"events":{"positioning_recoveries":[],"reversal_warnings":[],"reversal_dangers":[]}},"smTape":{"available":true,"dates":["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","2026-08-21"],"close":[21.86,21.18,15.29,12.8391,9.5129,11.72,11.61,11.1075,9.372,7.7,9.0,9.59,11.4,8.79,7.12,4.22,3.94,3.76,3.74,4.32,4.48,4.2,2.79,2.87,3.21,4.73,3.96,3.848,4.02,3.22,2.72,2.61,1.82,2.05,1.89,1.52,1.8454,1.97,2.04,2.12,2.33,2.52,2.39,3.74],"consensus":[-11.9906,-10.5411,-20.7951,-37.8477,-65.5553,-19.0221,-19.4972,-34.5282,-31.929,-50.4578,-8.7582,-21.8787,15.6013,-28.7284,-44.348,-57.0304,-34.351,-30.1033,-30.562,-17.3415,-17.5465,-27.4272,-45.5891,-27.0023,-12.209,26.6161,-18.3506,0.0,0.0,-35.671,-30.1568,-20.8687,-46.1136,-11.7728,-28.4548,-35.1463,0.0,0.0,0.0,0.0,0.0,18.9769,0.0,61.1084],"supportDates":["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","2026-08-21"],"control":[null,null,null,null,null,-2.5064,-10.9583,-39.4848,-35.4888,-54.364,-1.2142,-23.961,17.0512,-38.0353,-49.0784,-51.3112,-30.6326,-26.3308,-30.9777,-26.1152,-26.6372,-40.798,-54.6543,-32.3861,-11.0427,25.5198,-30.3237,0.0,0.0,-39.8539,-35.5229,-21.7988,-49.7476,-9.2365,-34.6595,-37.9099,0.0,0.0,0.0,0.0,0.0,18.6785,0.0,52.833],"force":[-11.9906,-10.5411,-20.7951,-37.8477,-31.3676,-7.7424,-2.3823,-22.5734,-21.832,-38.6438,-26.1502,-3.8221,33.8383,-25.04,-37.5122,-56.5109,-15.876,-9.2189,-10.0654,-7.3598,-0.8071,-18.1455,-48.9104,-9.147,-8.5292,63.9905,-23.6719,0.0,0.0,-45.8121,-27.2633,-12.2796,-52.686,-7.4636,-22.0963,-36.8818,0.0,0.0,0.0,0.0,0.0,23.0267,0.0,88.1312],"direction":[null,null,null,null,-89.9751,-57.0146,-44.8842,-37.4027,-35.0728,-54.4321,-42.3144,-32.3964,0.9179,-20.7265,-43.8247,-63.9376,-51.7969,-49.3322,-44.7274,-24.9581,-19.1138,-18.7762,-32.8566,-33.6031,-28.355,1.1729,-0.8661,0.0,0.0,-23.6468,-26.0909,-25.9408,-37.2658,-28.4118,-25.9056,-30.7483,0.0,0.0,0.0,0.0,0.0,16.4252,0.0,51.264],"intensity":[null,null,null,null,75.0,40.0,16.6667,71.4286,87.5,33.3333,30.0,45.4545,41.6667,76.9231,28.5714,86.6667,43.75,11.7647,16.6667,21.0526,10.0,19.0476,40.9091,34.7826,4.1667,48.0,30.7692,18.5185,17.8571,31.0345,56.6667,6.4516,31.25,27.2727,2.9412,14.2857,5.5556,10.8108,15.7895,2.5641,2.5,2.439,2.381,65.1163],"confirmation":[26.5037,26.0398,29.3211,34.7779,64.7482,29.8414,51.544,78.6092,77.8553,83.7269,7.4324,51.7525,50.8595,76.9389,81.911,86.321,78.4859,77.0541,77.1488,51.5662,50.2995,76.2901,82.5516,76.0145,27.7789,55.0062,51.1853,1.3306,24.6599,79.66,77.4802,74.4021,82.9013,50.1453,76.8172,79.2576,4.3693,2.819,24.8734,25.3706,48.3286,74.2006,24.4585,88.5043],"persistence":[null,null,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,75.0,75.0,75.0,75.0,75.0,75.0,75.0,75.0,100.0,100.0,100.0,100.0,100.0,75.0,75.0,62.5,50.0,50.0,50.0,50.0,50.0,75.0,75.0,87.5,87.5,75.0,62.5,50.0,37.5,12.5,0.0,25.0],"assessmentRisk":[null,null,null,null,17.2222,40.3978,34.86,13.4837,12.852,22.5222,37.1085,19.3169,28.2988,37.4109,12.5872,21.2329,32.8057,34.7871,33.9895,12.2178,26.9165,29.1782,7.393,27.1017,32.0505,7.0444,49.0251,38.2281,43.9149,30.9497,32.1606,36.7918,26.7721,40.7967,27.4105,29.8473,1.8286,4.7353,22.1211,49.8602,40.8621,35.6387,37.412,19.3502],"volumeParticipation":true,"latest":{"consensus":61.1,"control":52.8,"force":88.1,"direction":51.3,"confirmation":88.5,"persistence":25.0,"assessmentRisk":19.4,"intensity":65.1,"evidenceDepth":100},"analysis":{"status":"Market 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commitment","tone":"positive"},{"label":"SM Direction Gauge","value":"+51.3","detail":"Upward follow-through","tone":"positive"},{"label":"SM Confirmation Gauge","value":"89/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Rotational","detail":"completed-week alignment","tone":"caution"},{"label":"Momentum","value":"44.8","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"33.9%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"31.8","detail":"Directional","tone":"positive"},{"label":"Range position","value":"58%","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 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Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}