| Date | Close $ | 5-day avg. | vs flag close |
|---|---|---|---|
| 01 Jul | 228.15 | 236.13 | +0.0% |
| 02 Jul | 227.53 | 233.63 | -0.3% |
| 06 Jul | 223.83 | 230.56 | -1.9% |
| 07 Jul | 222.49 | 227.02 | -2.5% |
| 08 Jul | 218.32 | 224.06 | -4.3% |
| 09 Jul | 219.77 | 222.39 | -3.7% |
| 10 Jul | 221.75 | 221.23 | -2.8% |
| 13 Jul | 216.65 | 219.80 | -5.0% |
| 14 Jul | 220.34 | 219.37 | -3.4% |
| 15 Jul | 222.84 | 220.27 | -2.3% |
| 16 Jul | 228.38 | 221.99 | +0.1% |
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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