| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 01 Jul | 130.29 | 134.96 | +0.0% |
| 02 Jul | 130.21 | 133.08 | -0.1% |
| 06 Jul | 126.10 | 130.23 | -3.2% |
| 07 Jul | 127.55 | 128.95 | -2.1% |
| 08 Jul | 132.42 | 129.31 | +1.6% |
| 09 Jul | 132.27 | 129.71 | +1.5% |
| 10 Jul | 135.14 | 130.70 | +3.7% |
| 13 Jul | 134.77 | 132.43 | +3.4% |
| 14 Jul | 134.00 | 133.72 | +2.8% |
| 15 Jul | 138.29 | 134.89 | +6.1% |
| 16 Jul | 140.21 | 136.48 | +7.6% |
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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