| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 30 Jun | 102.97 | 101.90 | +0.0% |
| 01 Jul | 103.07 | 101.65 | +0.1% |
| 02 Jul | 108.84 | 103.42 | +5.7% |
| 06 Jul | 108.72 | 104.81 | +5.6% |
| 07 Jul | 108.57 | 106.43 | +5.4% |
| 08 Jul | 107.18 | 107.28 | +4.1% |
| 09 Jul | 106.62 | 107.99 | +3.5% |
| 10 Jul | 107.02 | 107.62 | +3.9% |
| 13 Jul | 106.58 | 107.19 | +3.5% |
| 14 Jul | 106.56 | 106.79 | +3.5% |
| 15 Jul | 108.21 | 107.00 | +5.1% |
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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