Closing Note
updated 2026-07-24 14:52 UTC

ES — oversold signal, 02 Feb

short term
RSI(2)8.8
RSI(14)44.4
Close $ · flag day67.91
Off 20-day high−5.2%
Avg volume2.5M

What followed

DateClose $ 5-day avg.vs flag close
02 Feb67.9169.30+0.0%
03 Feb68.5468.88+0.9%
04 Feb68.2468.55+0.5%
05 Feb67.7368.31-0.3%
06 Feb67.3667.96-0.8%
09 Feb67.6367.90-0.4%
10 Feb69.3068.05+2.0%
11 Feb70.2268.45+3.4%
12 Feb70.3268.97+3.5%
13 Feb73.3670.17+8.0%
17 Feb73.0371.25+7.5%

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.

Research chart

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From the oversold list of 02 Feb. The freshest lists go out in the daily alert at 21:30 CET.