| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 01 Jul | 104.89 | 108.56 | +0.0% |
| 02 Jul | 106.46 | 107.54 | +1.5% |
| 06 Jul | 108.78 | 107.19 | +3.7% |
| 07 Jul | 110.91 | 107.55 | +5.7% |
| 08 Jul | 115.23 | 109.25 | +9.9% |
| 09 Jul | 113.62 | 111.00 | +8.3% |
| 10 Jul | 114.32 | 112.57 | +9.0% |
| 13 Jul | 117.40 | 114.30 | +11.9% |
| 14 Jul | 116.63 | 115.44 | +11.2% |
| 15 Jul | 115.72 | 115.54 | +10.3% |
| 16 Jul | 115.83 | 115.98 | +10.4% |
The rule flags the close; the strategy's exit is the first close above the 5-day average, or six trading days, whichever comes first. Shown for research — not every flag is traded.
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