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

ES — oversold signal, 17 Mar

short term
RSI(2)7.9
RSI(14)47.4
Close $ · flag day72.44
Off 20-day high−5.2%
Avg volume2.4M

What followed

DateClose $ 5-day avg.vs flag close
17 Mar72.4473.18+0.0%
18 Mar72.7472.94+0.4%
19 Mar69.6272.22-3.9%
20 Mar66.6770.93-8.0%
23 Mar67.6569.82-6.6%
24 Mar67.4768.83-6.9%
25 Mar67.0467.69-7.5%
26 Mar67.9667.36-6.2%
27 Mar67.5967.54-6.7%
30 Mar68.4167.69-5.6%
31 Mar69.2868.06-4.4%

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.

Research chart

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From the oversold list of 17 Mar. The freshest lists go out in the daily alert at 21:30 CET.