| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 30 Jun | 126.31 | 130.07 | +0.0% |
| 01 Jul | 121.90 | 128.34 | -3.5% |
| 02 Jul | 117.16 | 125.56 | -7.2% |
| 06 Jul | 116.38 | 122.34 | -7.9% |
| 07 Jul | 115.75 | 119.50 | -8.4% |
| 08 Jul | 115.46 | 117.33 | -8.6% |
| 09 Jul | 119.48 | 116.85 | -5.4% |
| 10 Jul | 121.51 | 117.72 | -3.8% |
| 13 Jul | 122.37 | 118.91 | -3.1% |
| 14 Jul | 122.66 | 120.30 | -2.9% |
| 15 Jul | 123.52 | 121.91 | -2.2% |
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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