| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 20 Apr | 159.82 | 162.96 | +0.0% |
| 21 Apr | 156.95 | 161.45 | -1.8% |
| 22 Apr | 156.88 | 160.04 | -1.8% |
| 23 Apr | 159.31 | 159.05 | -0.3% |
| 24 Apr | 156.00 | 157.79 | -2.4% |
| 27 Apr | 155.08 | 156.84 | -3.0% |
| 28 Apr | 155.39 | 156.53 | -2.8% |
| 29 Apr | 150.40 | 155.24 | -5.9% |
| 30 Apr | 156.58 | 154.69 | -2.0% |
| 01 May | 152.82 | 154.05 | -4.4% |
| 04 May | 148.14 | 152.67 | -7.3% |
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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