updated 2026-07-24 09:49 UTC
DOW — oversold signal, 29 May
short term
9.8 RSI(2)
32.0 RSI(14)
33.75 close $ on flag day
−18.6% off 20-day high
11.4M avg daily volume
What followed
Date Close $
5-day avg. vs flag close 29 May 33.75 34.86 +0.0% 01 Jun 34.69 34.60 +2.8% 02 Jun 34.72 34.48 +2.9% 03 Jun 35.40 34.67 +4.9% 04 Jun 34.79 34.67 +3.1% 05 Jun 33.97 34.71 +0.7% 08 Jun 34.20 34.62 +1.3% 09 Jun 33.22 34.32 -1.6% 10 Jun 34.24 34.08 +1.5% 11 Jun 33.63 33.85 -0.4% 12 Jun 33.85 33.83 +0.3%
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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Closing Note is an automated market scanner: it reports
what a fixed, published rule flags, and tracks what that rule would have
done. It is not investment advice, portfolio management, or a
recommendation — decisions are yours alone. Figures shown are backtested
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