Bulkowski's Blog: ThePatternSite.com
As of 02/03/2026
  Indus: 49,241 -166.67 -0.3%  
  Trans: 19,259 +382.96 +2.0%  
  Utils: 1,088 +12.85 +1.2%  
  Nasdaq: 23,255 -336.92 -1.4%  
  S&P 500: 6,918 -58.63 -0.8%  
YTD
 +2.5%  
 +11.0%  
 +1.9%  
 +0.1%  
 +1.1%  
  Targets    Overview: 02/02/2026  
  Up arrow50,500 or 48,000 by 02/15/2026
  Up arrow20,000 or 18,000 by 02/15/2026
  Up arrow1,135 or 1,050 by 02/15/2026
  Up arrow24,750 or 22,700 by 02/15/2026
  Up arrow7,250 or 6,700 by 02/15/2026
As of 02/03/2026
  Indus: 49,241 -166.67 -0.3%  
  Trans: 19,259 +382.96 +2.0%  
  Utils: 1,088 +12.85 +1.2%  
  Nasdaq: 23,255 -336.92 -1.4%  
  S&P 500: 6,918 -58.63 -0.8%  
YTD
 +2.5%  
 +11.0%  
 +1.9%  
 +0.1%  
 +1.1%  
  Targets    Overview: 02/02/2026  
  Up arrow50,500 or 48,000 by 02/15/2026
  Up arrow20,000 or 18,000 by 02/15/2026
  Up arrow1,135 or 1,050 by 02/15/2026
  Up arrow24,750 or 22,700 by 02/15/2026
  Up arrow7,250 or 6,700 by 02/15/2026

January 2026 Headlines

Archives


Friday 1/30/26. Pattern Trading Setups for the Weekend.

Here's a symbol list of 121 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ADBE, AES, A, ALB, ALKS, ALL, AEO, AFG, AMWD, AXS, BALL, BSX, BFH, BBW, CLS, CX, CRL, CVX, CSCO, CNA, CNX, COP, FANG, EBAY, EMR, EOG, EXPI, EXPD, XOM, FIVN, FNV, FDP, GME, GFS, GL, THG, HSY, HNI, HWM, IDA, IBP, INTU, JKHY, KBH, LH, RAMP, LMT, L, LPLA, MGY, MAN, MTRN, META, NFG, NTGR, NJR, NOVT, NTNX, OXY, ORI, OTEX, ORCL, OR, PANW, PKE, PCTY, PETS, QTWO, KWR, DGX, RL, RRC, RGA, RNG, ROK, ROG, RGLD, CRM, SEIC, NOW, LUV, TECH, TXN, TTD, TMO, TRV, TG, TWLO, UIS, VEEV, WSO, WPM, WSM, WDAY, IAI, IYE, ICF, IYH, IYZ, IGV, IXC, IEO, EWZ, ECH, EWM, EWY, EWL, TUR, DBA, PBE, XLE, USO, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

You can find setups based on a Fibonacci retrace by clicking on the link.

The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.

In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.

For details about the chart patterns, click here.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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 Symbol  Chart Pattern  Bullish 
 Bearish 
Start End Industry
ANFTriple top      12/29/202501/09/2026Apparel
APipe top      01/05/202601/12/2026Precision Instrument
ALLDouble Top, Adam and Adam      12/16/202501/09/2026Insurance (Prop/Casualty)
AMGNThree Rising Valleys      01/05/202601/20/2026Biotechnology
ANETDouble Bottom, Eve and Eve      12/17/202501/12/2026E-Commerce
AWIDouble Top, Adam and Eve      01/05/202601/12/2026Building Materials
AGOHead-and-shoulders top      11/25/202501/08/2026Insurance (Life)
ADPDouble Top, Eve and Adam      12/15/202501/09/2026IT Services
BSETDouble Top, Eve and Adam      12/19/202501/16/2026Furn/Home Furnishings
BIOPipe top      01/05/202601/12/2026Medical Supplies
BOOTTriple top      01/06/202601/22/2026Shoe
CLSHorn top      01/12/202601/26/2026Electronics
CSCODouble Bottom, Adam and Adam      01/12/202601/21/2026Computers and Peripherals
GLWPipe bottom      01/05/202601/12/2026Telecom. Equipment
CCKDiamond top      12/18/202501/29/2026Packaging and Container
DVNDouble Bottom, Adam and Adam      12/16/202501/07/2026Natural Gas (Diversified)
FANGUgly double bottom      01/07/202601/20/2026Petroleum (Producing)
^DJIDiamond top      01/06/202601/26/2026None
DHead-and-shoulders bottom      12/10/202501/07/2026Electric Utility (East)
ELVHead-and-shoulders top      01/08/202601/26/2026Medical Services
GMEHead-and-shoulders bottom      12/12/202501/20/2026Retail (Special Lines)
GAPTriangle, symmetrical      01/02/202601/28/2026Apparel
GETriangle, symmetrical      12/31/202501/16/2026Diversified Co.
GISTriangle, symmetrical      01/08/202601/29/2026Food Processing
GFFDouble Top, Adam and Adam      01/16/202601/22/2026Building Materials
HWMPipe top      01/12/202601/20/2026Aerospace/Defense
HUMDead-cat bounce      01/27/202601/27/2026Medical Services
IDATriple bottom      12/09/202501/05/2026Electric Utility (West)
LZBTriple top      01/09/202601/22/2026Furn/Home Furnishings
LEGTriple bottom      12/09/202501/05/2026Furn/Home Furnishings
MANHDouble Top, Eve and Eve      01/15/202601/28/2026IT Services
METAPipe bottom      01/12/202601/20/2026E-Commerce
NWPXDouble Top, Adam and Adam      01/16/202601/22/2026Building Materials
OLNDouble Top, Adam and Eve      01/14/202601/23/2026Chemical (Basic)
PFGDouble Bottom, Eve and Adam      01/02/202601/20/2026Insurance (Diversified)
PEGHead-and-shoulders bottom      12/10/202501/23/2026Electric Utility (East)
KWRDouble Top, Adam and Adam      01/15/202601/22/2026Chemical (Specialty)
SAICDouble Top, Eve and Adam      01/12/202601/23/2026IT Services
SEICHead-and-shoulders bottom      01/13/202601/28/2026IT Services
SGIBroadening top      12/02/202501/29/2026Furn/Home Furnishings
TWLOPipe bottom      01/12/202601/20/2026E-Commerce
UNHDead-cat bounce      01/27/202601/27/2026Medical Services
VCPipe top      01/05/202601/12/2026Electronics
WLKDouble Top, Adam and Adam      01/15/202601/22/2026Chemical (Basic)
WSMDiamond top      01/13/202601/29/2026Retail (Special Lines)

 

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Thursday 1/29/26. Intraday Market Direction: Nasdaq

The Nasdaq climbed by 0.2% or 40.35 points. Since 02/05/1971 the Nasdaq made 743 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.8% on 428 occasions.
     Average loss was -0.8% on 315 occasions.
Expect the Nasdaq to close higher 57.6% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Nasdaq closing higher has been right 304/553 or 55.0% of the time.
     The prediction of the Nasdaq closing lower has been right 87/183 or 47.5% of the time.

$ $ $

Picture of the Nasdaq composite on the 5 minute scale.

I show a picture of the Nasdaq composite on the 5-minute scale.

I picked the usual route and drew trendlines (A) to see how price movement fit within the lines. In this case, a channel. That's the two parallel red lines.

You'll notice that today (Wednesday), the index peeked above the top trendline before ducking for cover. At B, the index traveled along the bottom trendline. The bottom movement, where it hugs the lower trendline suggests weakness to me, as if it's going to plunge through the red line. That's an opinion and not based on fact. There's a saying that if price can't rise then it's going to fall. That's paraphrased, because I don't recall the actual saying.

Let me balance my opinion with this. When I looked at after-market trading in the QQQs, it was up 2 points, suggesting we'll see a higher open tomorrow (Thursday). I suppose we could open higher and close lower, so both myself and the QQQs could be right. Or we could both be wrong. I'll let you decide.

$ $ $

Here's a symbol list of 125 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AFL, ALK, ALB, ALKS, AEE, AEO, AMWD, ACGL, ARW, AGO, AXS, BKNG, BSX, CAL, CLS, CENX, CRL, CSCO, CNA, CXW, COTY, XRAY, ^DJT, EBAY, ELV, EVH, FFIV, FIVN, FDP, FRD, GME, GD, GFS, HELE, HSY, HNI, HWM, HUM, HURC, IDA, IEX, ITW, IBP, ITGR, INTC, INTU, JNJ, KELYA, KMT, KSS, LLY, MGY, MRTN, MTRN, META, MU, MLKN, MOS, MYGN, NOV, NFLX, NTGR, NTAP, NJR, NUS, ON, OUT, PTEN, PAYX, PPG, PFG, KWR, DGX, RL, RTX, ROG, RES, TPR, TER, TXN, RIG, TRV, TWLO, UPS, UNH, VRTX, WPM, WSM, WSC, IEZ, DDM, QTEC, FXI, AIQ, IYH, IYZ, IGV, IXN, SOXX, IYF, ECH, EEM, EWH, EWY, IBB, DBA, PBE, PJP, PHO, ROBO, GLD, SMH, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  22,632.72    
 Weekly S2  22,767.76  135.04   
 Monthly S1  23,245.09  477.32   
 Weekly S1  23,312.61  67.52   
 Weekly Pivot  23,461.67  149.07   
 Monthly Pivot  23,529.19  67.52   
 Daily S2  23,660.96  131.76   
 Daily S1  23,759.20  98.25   
 Low  23,775.49  16.29   Yes! The Low is close to the Daily S1.
 61.8% Down from Intraday High  23,856.77  81.28   
 Close  23,857.45  0.68   Yes! The Close is close to the 61.8% Down from Intraday High.
 Daily Pivot  23,873.74  16.29   Yes! The Daily Pivot is close to the Close.
 50% Down from Intraday High  23,881.88  8.14   Yes! The 50% Down from Intraday High is close to the Daily Pivot.
 38.2% Down from Intraday High  23,906.99  25.11   
 Open  23,965.11  58.12   
 Daily R1  23,971.98  6.88   Yes! The Daily R1 is close to the Open.
 High  23,988.27  16.29   Yes! The High is close to the Daily R1.
 Weekly R1  24,006.52  18.25   Yes! The Weekly R1 is close to the High.
 Daily R2  24,086.52  80.00   
 Monthly R1  24,141.56  55.04   
 Weekly R2  24,155.58  14.03   Yes! The Weekly R2 is close to the Monthly R1.
 Monthly R2  24,425.66  270.08   

Wednesday 1/28/26. A Look at the Chart Pattern Indicator (CPI)

Picture of the chart pattern indicator

This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.

The CPI is neutral with a reading of 35.7. A value of 35 to 0 is bearish with bullish being a reading of 65 and above (to 100). So this reading is right on the edge of being bearish.

The index shows the indicator unable to make up its mind. It's up and down. We might see a change after the FED meeting today (on Wednesday).

What does that mean? If the FED cuts rates, the markets might respond favorably. The markets are expecting rates to stay unchanged until mid year or later. A surprise cut might be welcomed but it could also trigger worries that the FED believes the economy is weaker than commonly known. If that idea takes hold, the markets could suffer a big drop.

My guess is the FED will keep rates unchanged. The markets will drop some but not a lot (less than 100 points in the Dow industrials).

I do show divergence between the indicator and the index, highlighted by the purple line. It suggests the index will drop but the signal has been unreliable in the past.

$ $ $

Here's a symbol list of 134 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ACH, ADTN, AEIS, AKAM, AEO, AXP, AMWD, AMN, APH, ANIK, AAPL, AMAT, ADM, AWI, AGO, ADSK, AVNT, AXS, BMI, BSX, BG, CLS, CDAY, CI, GLW, COTY, CCK, DDS, DSGR, DOV, DTE, BOOM, EBAY, EPAM, EVH, FIVN, FTV, FDP, GIS, GFS, THG, HE, HELE, HSY, HOLX, HWM, HUM, HURC, ITW, IBP, INTC, TILE, KMB, LLY, LMT, LXU, MA, MTDR, MTRN, META, MU, ^IXIC, NOC, OMC, OTEX, PRU, QTWO, KWR, DGX, RL, REGN, ROG, SEE, SEIC, SMTC, LUV, TRV, TWLO, UNH, VEEV, VRSN, WRB, WSM, ZBRA, ITA, DDM, FTEC, QTEC, AIQ, IEV, IGV, IXN, ILF, SLV, EWA, EWO, EWK, EWZ, EEM, EWQ, EWG, EWH, EWI, EWJ, EWM, EPP, EWS, EWY, EWP, EWD, EWL, EWT, THD, EWU, DBA, PXJ, XLP, XAR, XLK. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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Tuesday 1/27/26. Slider Trading Quiz!

The Dow dropped by -0.6% or -285.3 points. Since 10/01/1928 the Dow made 716 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.7% on 372 occasions.
     Average loss was -0.7% on 344 occasions.
Expect the Dow to close higher 52.0% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Dow closing higher has been right 326/596 or 54.7% of the time.
     The prediction of the Dow closing lower has been right 63/128 or 49.2% of the time.

$ $ $

I'm posting this early in case I lose electricity. I'll rejoin you as soon as I can, if I haven't frozen first.

I show another slider trading quiz featuring Rohm and Haas: ROH stock.

$ $ $

Here's a symbol list of 137 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABM, ACH, AMD, A, APD, ALB, AA, ALKS, ALGT, AMZN, DOX, AFG, APH, AR, ATR, ARCB, AGO, BIO, BIIB, BKH, BOOT, BAH, CALM, CPB, CDAY, CTAS, CLNE, CLF, CNX, CTSH, CMCO, COP, GLW, CSGP, COST, COTY, CMI, DVN, FANG, DOV, DTE, EBAY, EG, EVRG, XOM, EZPW, FLEX, FTNT, GD, GE, GIS, GNW, HLIT, HTLD, HP, HOLX, ILMN, IIIN, TILE, ISRG, JAZZ, KBH, KMT, KSS, LRCX, LAMR, LDOS, LEN, RAMP, L, MGY, MS, NVDA, OXY, OGE, OMC, OTEX, OXM, PKG, PTEN, PETS, PCG, POR, PRU, RRC, ^GSPC, SAIC, SIGI, SHW, TRGP, TECH, RIG, TZOO, TWLO, UPS, UNH, VEEV, VC, WRB, WSO, WERN, IYC, IYE, QQQ, IXC, IXN, SLV, IGE, IEO, IYF, EWQ, EWM, EWW, EWT, QLD, PBE, XLE, XLF, GLD, UNG, VIS, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  47,081.39    
 Weekly S2  47,865.55  784.16   
 Monthly S1  48,090.05  224.50   
 Weekly S1  48,482.13  392.08   
 Daily S2  48,846.66  364.54   
 Monthly Pivot  48,861.70  15.04   Yes! The Monthly Pivot is close to the Daily S2.
 Daily S1  48,972.69  110.99   
 Low  48,993.05  20.36   Yes! The Low is close to the Daily S1.
 Weekly Pivot  49,044.71  51.66   
 61.8% Down from Intraday High  49,097.11  52.40   
 Close  49,098.71  1.60   Yes! The Close is close to the 61.8% Down from Intraday High.
 Daily Pivot  49,119.07  20.36   Yes! The Daily Pivot is close to the Close.
 50% Down from Intraday High  49,129.25  10.18   Yes! The 50% Down from Intraday High is close to the Daily Pivot.
 38.2% Down from Intraday High  49,161.40  32.14   
 Daily R1  49,245.10  83.70   
 Open  49,264.54  19.44   Yes! The Open is close to the Daily R1.
 High  49,265.46  0.92   Yes! The High is close to the Open.
 Daily R2  49,391.48  126.02   
 Weekly R1  49,661.29  269.80   
 Monthly R1  49,870.36  209.07   
 Weekly R2  50,223.87  353.51   
 Monthly R2  50,642.01  418.14   

Monday 1/26/26. Market Monday: The Week Ahead

My Prediction

Picture of the Dow industrials on the daily scale.

I drew green trendlines (A) as parallel to each other as I could while still touching but not piercing price as much as possible. The line does cut the excursions at C and D. However, the channel does hug price nicely as it rises.

At B we see a broadening formation (right-angled and descending). It's not as well-formed as I usually look for. I like to see at least three minor high touches on the top and bottom. This has a cluster of price on the top and only two touches on the bottom.

The breakout is upward 64% of the time from this chart pattern, so that's the direction (up) I'm looking for the index to take.

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A Brief Look Back

The following is a brief review of how the markets performed over time. The numbers refer to the close-to-close move in the Dow industrials.

Tuesday: Down 910.74 points.
Wednesday: Up 628.64 points.
Thursday: Up 306.78 points.
Friday: Down 285.3 points.
Saturday: Holiday or other weird event!

For the Week...

The Dow industrials were down 260.62 points or 0.5%.
The Nasdaq composite was down 14.15 points or 0.1%.
The S&P 500 index was down 24.4 points or 0.4%.

Year to Date...

Dow Industrials
     1.1% down from the high of 49,633.35 on 01/12/2026.
     2.6% up from the low of 47,853.04 on 01/02/2026.
Nasdaq
     1.3% down from the high of 23,813.30 on 01/13/2026.
     2.6% up from the low of 22,916.83 on 01/20/2026.
S&P 500
     1.0% down from the high of 6,986.33 on 01/12/2026.
     1.9% up from the low of 6,789.05 on 01/20/2026.

Options Expiration

No options expire this week.

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Swing Traders: Pivot Points

The following is based on an SFO article in December 2004 by John Seekinger, titled, "Take a two-dimensional approach." He offers these tips.

IndexS2S1PivotR1R2
Dow Industrials (^DJI): Daily  48,847  48,973  49,119  49,245  49,391 
Weekly  47,866  48,482  49,045  49,661  50,224 
Monthly  47,081  48,090  48,862  49,870  50,642 
S&P500 (^GSPC): Daily  6,877  6,896  6,915  6,934  6,952 
Weekly  6,734  6,825  6,880  6,971  7,026 
Monthly  6,700  6,808  6,897  7,005  7,094 
Nasdaq (^IXIC): Daily  23,259  23,380  23,495  23,617  23,732 
Weekly  22,649  23,075  23,343  23,769  24,037 
Monthly  22,514  23,008  23,410  23,904  24,307 

Here are the formulas:

Pivot point: P = (H + L + C)/3
First resistance level: R1 = (2 * P) - L
First support level: S1 = (2 * P) - H)
Second resistance level: R2 = P + (R1 - S1)
Second support level: S2 = P - (R1 - S1)
H = high price , L=low price, C=closing price

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Earnings, Chart Patterns & Industries

Earnings season is either underway or should be starting soon. The sessions could be more volatile.

Here's a symbol list of 137 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABM, ACH, AMD, A, APD, ALB, AA, ALKS, ALGT, AMZN, DOX, AFG, APH, AR, ATR, ARCB, AGO, BIO, BIIB, BKH, BOOT, BAH, CALM, CPB, CDAY, CTAS, CLNE, CLF, CNX, CTSH, CMCO, COP, GLW, CSGP, COST, COTY, CMI, DVN, FANG, DOV, DTE, EBAY, EG, EVRG, XOM, EZPW, FLEX, FTNT, GD, GE, GIS, GNW, HLIT, HTLD, HP, HOLX, ILMN, IIIN, TILE, ISRG, JAZZ, KBH, KMT, KSS, LRCX, LAMR, LDOS, LEN, RAMP, L, MGY, MS, NVDA, OXY, OGE, OMC, OTEX, OXM, PKG, PTEN, PETS, PCG, POR, PRU, RRC, ^GSPC, SAIC, SIGI, SHW, TRGP, TECH, RIG, TZOO, TWLO, UPS, UNH, VEEV, VC, WRB, WSO, WERN, IYC, IYE, QQQ, IXC, IXN, SLV, IGE, IEO, IYF, EWQ, EWM, EWW, EWT, QLD, PBE, XLE, XLF, GLD, UNG, VIS, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

The below industries were the best (rank 1) or worst performing of those I follow.

This WeekLast Week
1. Semiconductor Cap Equip.1. Semiconductor Cap Equip.
2. Metals and Mining (Div.)2. Telecom. Equipment
3. Semiconductor3. Metals and Mining (Div.)
4. Telecom. Equipment4. Semiconductor
5. Oilfield Svcs/Equipment5. Oilfield Svcs/Equipment
6. Machinery6. Drug
7. Drug7. Apparel
8. Precision Instrument8. Machinery
9. Electronics9. Biotechnology
10. Air Transport10. Retail (Special Lines)
Best Performing AboveWorst Performing Below
50. Shoe50. Electric Utility (Central)
51. Electric Utility (Central)51. E-Commerce
52. Internet52. Chemical (Basic)
53. Household Products53. Advertising
54. E-Commerce54. Computer Software and Svcs
55. Short ETFs55. Toiletries/Cosmetics
56. Advertising56. Information Services
57. Information Services57. Short ETFs
58. Computer Software and Svcs58. Household Products
59. Investment Co. (Domestic)59. Investment Co. (Domestic)
60. Human Resources60. Human Resources

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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Friday 1/23/26. Pattern Trading Setups for the Weekend.

Here's a symbol list of 142 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, ABM, ADTN, AMD, A, AA, ALGT, AMZN, AEO, AEP, AFG, APH, ANIK, AR, AMAT, AWI, AGO, BSET, BIO, BIIB, BKH, BOOT, BSX, CALM, CX, CTAS, CLNE, CLF, CNX, CGNX, CMTL, ED, COP, GLW, CSGP, COTY, CTS, DTE, EBAY, EVRG, FIVN, FLEX, FLS, FNV, FRD, GME, GE, GILD, GES, HLIT, HOLX, HUM, HUN, ILMN, INCY, ITGR, IPAR, INTU, JAZZ, KBH, KMT, KMB, KLAC, LRCX, LAMR, LEN, L, NFG, NJR, NEE, NI, ORI, OMC, ASGN, OR, PKG, PFE, POR, PG, PRU, DGX, RRC, RTX, RLI, ROST, SAIC, SMG, SEIC, SHW, SGI, SCCO, SNPS, TPR, TRGP, TECH, TER, TXT, TKR, TG, UHAL, UGI, VEEV, VC, WU, FDN, IYZ, ILF, EWA, EWK, EWZ, EEM, EWG, EWI, EWM, EPP, EWD, EWT, TUR, PHO, GLD, XRT, UNG, VAW. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

You can find setups based on a Fibonacci retrace by clicking on the link.

The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.

In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.

For details about the chart patterns, click here.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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 Symbol  Chart Pattern  Bullish 
 Bearish 
Start End Industry
MMMHead-and-shoulders top      10/24/202501/15/2026Diversified Co.
AMDTriple bottom      11/25/202501/12/2026Semiconductor
APHHead-and-shoulders bottom      11/21/202501/06/2026Electronics
ARTriple bottom      01/05/202601/15/2026Natural Gas (Diversified)
AONBroadening top      11/14/202501/22/2026Insurance (Diversified)
CALDouble Top, Eve and Adam      01/09/202601/21/2026Shoe
CLFPipe bottom      01/05/202601/12/2026Metals and Mining (Div.)
CNODouble Top, Eve and Adam      12/23/202501/08/2026Insurance (Diversified)
CNXPipe bottom      01/05/202601/12/2026Natural Gas (Diversified)
COTYTriple bottom      12/23/202501/20/2026Toiletries/Cosmetics
^DJTBroadening top      01/09/202601/22/2026None
DOVDouble Bottom, Eve and Adam      12/17/202501/02/2026Machinery
EMNDouble Top, Adam and Adam      01/08/202601/15/2026Chemical (Diversified)
EPAMDouble Top, Eve and Adam      01/08/202601/15/2026IT Services
EXCDouble Bottom, Eve and Eve      12/11/202501/05/2026Electric Utility (East)
FICOTriple top      11/11/202512/12/2025IT Services
FDXDouble Top, Adam and Adam      01/09/202601/15/2026Air Transport
FLSDouble Bottom, Adam and Adam      12/17/202501/02/2026Machinery
FMCHead-and-shoulders bottom      11/07/202512/09/2025Chemical (Basic)
GILDDouble Bottom, Eve and Adam      12/16/202501/05/2026Biotechnology
GPNDouble Top, Adam and Eve      12/12/202512/17/2025Computer Software and Svcs
HUMDouble Top, Eve and Adam      01/06/202601/15/2026Medical Services
MUFlag, high and tight      11/21/202501/22/2026Semiconductor
NJRDouble Bottom, Adam and Adam      12/08/202501/05/2026Natural Gas (Distributor)
NOVTPipe bottom      12/29/202501/05/2026Precision Instrument
NTNXDouble Top, Adam and Eve      12/22/202501/09/2026E-Commerce
PCTYDouble Top, Eve and Eve      12/17/202501/08/2026E-Commerce
PGDouble Bottom, Adam and Adam      12/08/202501/07/2026Household Products
PRUPipe top      01/05/202601/12/2026Insurance (Life)
RRCPipe bottom      01/05/202601/12/2026Petroleum (Producing)
RGAHead-and-shoulders top      12/15/202501/05/2026Insurance (Life)
RDouble Bottom, Eve and Adam      01/08/202601/20/2026Trucking/Transp. Leasing
SHOPDouble Top, Eve and Eve      12/18/202501/13/2026E-Commerce
SKYWHead-and-shoulders bottom      01/08/202601/20/2026Air Transport
TRGPPipe bottom      01/05/202601/12/2026Natural Gas (Diversified)
TDCDouble Top, Eve and Eve      12/10/202501/13/2026Computer Software and Svcs
MZTITriangle, symmetrical      11/03/202501/22/2026Food Processing
VCDouble Top, Adam and Adam      12/12/202501/08/2026Electronics
WMBDouble Bottom, Eve and Adam      12/17/202501/06/2026Natural Gas (Distributor)

 

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Wednesday 1/21/26. A Look at the Chart Pattern Indicator (CPI)

Picture of the chart pattern indicator

This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.

The CPI has a reading of 18.9, which is bearish. The indicator range is 0 to 100, so the indicator is near the bottom of the scale. I thought today's (Tuesday) reading would be zero, so it surprised me.

I wonder if today's approximate 2% drop in the indices will be like the Trump tariff drop almost a year ago (which bottomed in April).

I don't know what will happen in the indices in the coming days, weeks, and until the end of the Trump term. However, shorter-term, we know from history of the indicator that it often bounces up (when near 0) or down (when near 100). So I expect a fast rebound.

However, the index isn't as sensitive as the CPI. The index will make slower, more gentle turns. I think once we see that this Greenland expedition is another Trump ego trip, then the markets will stage a big recovery.

$ $ $

Here's a symbol list of 116 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, ANF, ABM, ADBE, A, ALRM, AMZN, DOX, AEE, ANIK, AAPL, ATR, AGO, ATO, BA, BKNG, BMY, CACI, CENX, CDAY, CF, CMTL, CRH, CCRN, FANG, EXP, EBAY, FICO, FISV, FLEX, FLS, FTV, FNV, GNW, GFS, GES, HL, HOLX, ILMN, IPAR, ISRG, KEYS, KMB, KSS, KLIC, M, MA, META, MU, NTGR, NTNX, NVDA, OLN, OMC, OTEX, OR, PAYX, PYPL, PPL, PRU, QTWO, QCOM, RRC, ROST, RGLD, SBH, SIGI, SCI, SHOP, TDOC, TFX, TTD, RIG, TG, VMC, WRB, WPM, WWD, ZBRA, IYK, IHE, FDN, FXI, AIQ, IYZ, IGV, IXN, ILF, SLV, IGE, IYF, IHI, EWQ, EWG, EIS, EWI, EPP, THD, QLD, PBE, PJP, SSO, XLP, XLF, GLD, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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Tuesday 1/20/26. Slider Trading Quiz!

The Dow dropped by -0.2% or -83.11 points. Since 10/01/1928 the Dow made 1280 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.6% on 639 occasions.
     Average loss was -0.6% on 641 occasions.
Expect the Dow to close lower 50.1% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Dow closing higher has been right 326/596 or 54.7% of the time.
     The prediction of the Dow closing lower has been right 62/127 or 48.8% of the time.

$ $ $

I show another slider trading quiz featuring Russell: RML stock.

$ $ $

Here's a symbol list of 104 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABM, ACN, ACIW, APD, AKAM, ALRM, ALB, DOX, ACGL, BIO, BKNG, BRC, CAL, CDAY, CSCO, CNO, CGNX, CTSH, COTY, D, EBAY, EIX, EPAM, FIS, FIVN, FLEX, FLS, FWRD, FDP, FRD, GAP, GNW, GPN, GL, GOOGL, HON, ILMN, JKHY, KEYS, KSS, KLIC, LNC, L, MANH, MLM, MTRX, MU, NTGR, NTAP, NJR, NOVT, NVDA, OLN, OMC, ASGN, PATK, PCTY, PETS, POR, PPL, PRU, PHM, QTWO, RNG, RCKY, ROL, ROST, SRE, SCI, SGI, TDC, RIG, TG, TREX, UNM, VLO, VMC, WSC, WWD, ZBRA, IYE, FDN, IYZ, EWQ, EIS, EWW, EPP, EWP, EWL, EWT, TUR, PPA, PEJ, PHO, XLE, XLI, VIS. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  47,163.52    
 Monthly S1  48,261.42  1,097.91   
 Weekly S2  48,500.18  238.76   
 Weekly S1  48,929.76  429.57   
 Monthly Pivot  48,947.39  17.63   Yes! The Monthly Pivot is close to the Weekly S1.
 Daily S2  49,036.96  89.58   
 Daily S1  49,198.15  161.18   
 Low  49,246.24  48.09   
 Weekly Pivot  49,281.55  35.32   Yes! The Weekly Pivot is close to the Low.
 Close  49,359.33  77.77   
 61.8% Down from Intraday High  49,387.75  28.43   Yes! The 61.8% Down from Intraday High is close to the Close.
 Daily Pivot  49,407.42  19.67   Yes! The Daily Pivot is close to the 61.8% Down from Intraday High.
 50% Down from Intraday High  49,431.47  24.05   Yes! The 50% Down from Intraday High is close to the Daily Pivot.
 Open  49,466.70  35.23   Yes! The Open is close to the 50% Down from Intraday High.
 38.2% Down from Intraday High  49,475.18  8.48   Yes! The 38.2% Down from Intraday High is close to the Open.
 Daily R1  49,568.61  93.42   
 High  49,616.70  48.09   
 Weekly R1  49,711.13  94.43   
 Daily R2  49,777.88  66.76   
 Monthly R1  50,045.29  267.41   
 Weekly R2  50,062.92  17.63   Yes! The Weekly R2 is close to the Monthly R1.
 Monthly R2  50,731.26  668.34   

Friday 1/16/26. Pattern Trading Setups for the Weekend.

Here's a symbol list of 164 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ANF, ABM, ACN, ACIW, AEIS, AMD, AES, APD, AKAM, ALB, AA, AMGN, AMN, APH, AAPL, AMAT, ACGL, ARW, AGO, BMRN, BSX, BRC, BR, CBT, CAL, CPB, CX, CTSH, GLW, COTY, CTS, CW, ^DJT, EBAY, EME, EPAM, FFIV, FIS, FLEX, FLS, FORM, FTV, IT, GNW, GILD, GPN, GL, GOOGL, HLIT, HQY, HELE, HWM, IDA, IEX, IBP, PODD, ITGR, IPAR, IBKR, TILE, INTU, JKHY, KLAC, KSS, KLIC, LPLA, MTSI, MANH, MA, MTRX, MDT, MS, NOV, NJR, NOVT, NTNX, OGE, OLN, OMC, ASGN, PATK, PETS, PLXS, PGR, PRU, QTWO, QCOM, RMBS, RGA, ROK, RCKY, ROG, RGLD, R, SBH, SEE, SCI, SWX, SXI, TDOC, TDY, TXT, TRV, TG, UPS, UNM, V, WAT, WLK, WSC, WWW, WWD, WDAY, ZBRA, IYK, IDU, FXL, ICF, IYZ, IEV, IXN, SOXX, EWA, EWK, EWC, EEM, EWH, EWJ, EPP, EZA, EWY, EWL, EWT, THD, TUR, PEJ, PHO, XLY, XLP, XLI, XLU, USO, VIS, VAW. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

You can find setups based on a Fibonacci retrace by clicking on the link.

The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.

In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.

For details about the chart patterns, click here.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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 Symbol  Chart Pattern  Bullish 
 Bearish 
Start End Industry
ANFDead-cat bounce      01/12/202601/12/2026Apparel
ACNPipe bottom      12/29/202501/05/2026IT Services
ADTNBroadening top      12/22/202501/13/2026Telecom. Equipment
AEISDouble Bottom, Adam and Adam      12/18/202501/08/2026Semiconductor
AESPipe top      12/29/202501/05/2026Electric Utility (East)
ADouble Bottom, Eve and Adam      12/18/202501/02/2026Precision Instrument
AKAMPipe bottom      12/29/202501/05/2026E-Commerce
ALRMBroadening top, right-angled and ascending      12/01/202512/30/2025Computer Software and Svcs
AAFlag, high and tight      11/21/202501/14/2026Aerospace/Defense
ALKSTriple bottom      11/12/202501/06/2026Drug
AEODouble Top, Eve and Eve      12/22/202501/06/2026Apparel
AXPTriple top      12/12/202501/06/2026Financial Services
APHPipe bottom      12/15/202512/15/2025Electronics
ARWTriple bottom      12/17/202501/07/2026Electronics
AGODouble Top, Eve and Eve      11/25/202512/17/2025Insurance (Life)
AVNTTriangle, ascending      12/05/202501/02/2026Chemical (Specialty)
AZTABroadening top, right-angled and descending      11/25/202501/09/2026Semiconductor Cap Equip.
BKNGTriple top      12/16/202501/09/2026Internet
BAHTriple bottom      12/16/202501/02/2026IT Services
BLDRUgly double bottom      11/20/202512/17/2025Retail Building Supply
CLSDouble Bottom, Eve and Adam      12/17/202501/06/2026Electronics
CNPTriple bottom      12/11/202501/05/2026Electric Utility (Central)
CENXFlag, high and tight      11/21/202501/15/2026Metals and Mining (Div.)
CHDTriple bottom      10/30/202501/05/2026Household Products
CIENDiamond top      12/26/202501/15/2026Telecom. Equipment
CSCODouble Top, Eve and Eve      11/20/202512/10/2025Computers and Peripherals
CLXDouble Bottom, Adam and Eve      11/20/202512/23/2025Household Products
CGNXBig W      11/20/202512/15/2025Precision Instrument
CTSHPipe bottom      12/29/202501/05/2026IT Services
EDDouble Bottom, Adam and Adam      12/22/202501/05/2026Electric Utility (East)
CSGPBroadening wedge, descending      11/05/202512/30/2025Information Services
CRHUgly double bottom      11/18/202512/17/2025Cement and Aggregates
CCRNUgly double bottom      12/04/202512/22/2025Human Resources
CTSDouble Bottom, Adam and Adam      12/09/202512/31/2025Electronics
DDSPipe bottom      12/22/202512/29/2025Retail Store
^DJUTriple bottom      12/10/202501/07/2026None
DTEDouble Bottom, Adam and Adam      12/22/202501/05/2026Electric Utility (Central)
DUKDouble Bottom, Adam and Adam      12/22/202501/05/2026Electric Utility (East)
EXPDouble Bottom, Adam and Adam      01/02/202601/07/2026Cement and Aggregates
EOGDouble Bottom, Eve and Eve      12/19/202501/05/2026Natural Gas (Distributor)
ELDouble Bottom, Adam and Adam      12/31/202501/07/2026Toiletries/Cosmetics
EVRGHead-and-shoulders bottom      12/22/202501/08/2026Electric Utility (Central)
FFIVDouble Bottom, Adam and Adam      12/18/202501/02/2026Internet
FASTDouble Bottom, Adam and Eve      12/10/202501/02/2026Retail Building Supply
FISTriple top      12/12/202501/08/2026Computer Software and Svcs
GAPDouble Top, Eve and Eve      11/26/202512/22/2025Apparel
GSDouble Bottom, Eve and Eve      12/17/202512/31/2025Securities Brokerage
THGDouble Top, Eve and Eve      12/01/202512/15/2025Insurance (Prop/Casualty)
HLITPipe top      12/08/202512/15/2025Telecom. Equipment
HIGHead-and-shoulders top      11/25/202501/09/2026Insurance (Prop/Casualty)
HQYDouble Top, Adam and Adam      12/12/202501/08/2026Healthcare Information
HLFlag, high and tight      11/21/202501/13/2026Metals and Mining (Div.)
HELEDouble Top, Adam and Adam      12/11/202501/07/2026Toiletries/Cosmetics
HSYDouble Bottom, Adam and Eve      12/23/202501/08/2026Food Processing
HDPipe bottom      11/17/202511/24/2025Retail Building Supply
HOVDouble Bottom, Adam and Eve      12/09/202501/02/2026Homebuilding
HUNTriple bottom      12/16/202501/02/2026Chemical (Specialty)
ITWDouble Bottom, Adam and Adam      01/02/202601/08/2026Metal Fabricating
TILEDouble Bottom, Eve and Adam      12/19/202501/02/2026Furn/Home Furnishings
INTUDouble Top, Adam and Eve      11/21/202512/12/2025Computer Software and Svcs
JKHYPipe bottom      12/29/202501/05/2026IT Services
JAZZPipe top      11/17/202511/24/2025Biotechnology
LEGDouble Bottom, Adam and Eve      12/24/202501/05/2026Furn/Home Furnishings
LNCTriple top      12/12/202501/05/2026Insurance (Life)
LOWDouble Bottom, Eve and Eve      12/22/202501/02/2026Retail Building Supply
MHODouble Bottom, Eve and Eve      12/26/202501/06/2026Homebuilding
MTSIDouble Bottom, Adam and Adam      12/17/202501/07/2026Semiconductor
MTriple top      12/12/202501/09/2026Retail Store
MGYBroadening bottom      12/19/202501/14/2026Petroleum (Producing)
MLMDouble Bottom, Adam and Adam      01/02/202601/08/2026Cement and Aggregates
NEEDouble Bottom, Adam and Adam      12/22/202501/07/2026Electric Utility (East)
NIDouble Bottom, Adam and Adam      12/22/202501/05/2026Electric Utility (Central)
NUSDouble Bottom, Eve and Eve      12/08/202501/02/2026Toiletries/Cosmetics
ORIDouble Top, Eve and Eve      11/26/202512/26/2025Insurance (Prop/Casualty)
OMCCup with handle      10/22/202512/17/2025Advertising
OXMDouble Bottom, Eve and Adam      11/20/202512/11/2025Apparel
PNWDouble Bottom, Adam and Adam      12/10/202501/05/2026Electric Utility (West)
PORHead-and-shoulders bottom      12/11/202501/05/2026Electric Utility (West)
PPGTriple bottom      12/22/202501/08/2026Chemical (Diversified)
PHMTriple bottom      12/23/202501/08/2026Homebuilding
PSTGBroadening bottom      12/17/202501/08/2026Computers and Peripherals
QCOMDouble Bottom, Adam and Adam      12/17/202512/31/2025Telecom. Equipment
RMBSDouble Bottom, Eve and Eve      12/17/202501/08/2026Semiconductor Cap Equip.
RJFDouble Bottom, Eve and Adam      12/18/202501/02/2026Securities Brokerage
RCKYPipe bottom      12/29/202501/05/2026Shoe
ROLDouble Bottom, Adam and Adam      12/09/202501/06/2026Industrial Services
RESTriple bottom      12/16/202501/02/2026Oilfield Svcs/Equipment
SAIAHead-and-shoulders bottom      12/10/202501/02/2026Trucking/Transp. Leasing
CRMHead-and-shoulders top      12/11/202501/07/2026E-Commerce
SBHDouble Bottom, Eve and Adam      12/30/202501/08/2026Toiletries/Cosmetics
SIGITriple top      12/23/202501/09/2026Insurance (Prop/Casualty)
SREDouble Bottom, Eve and Eve      12/17/202501/07/2026Electric Utility (West)
SCIDouble Bottom, Adam and Adam      12/05/202501/05/2026Industrial Services
SWXTriple bottom      11/19/202501/05/2026Natural Gas (Distributor)
SXIHorn bottom      12/15/202512/29/2025Diversified Co.
TMOTriple bottom      11/18/202512/18/2025Precision Instrument
TRVDouble Top, Adam and Eve      11/25/202512/19/2025Insurance (Prop/Casualty)
TWLOHead-and-shoulders top      12/22/202501/07/2026E-Commerce
VMIDouble Bottom, Eve and Eve      12/17/202501/02/2026Metal Fabricating
VRSNTriple bottom      12/09/202501/05/2026Internet
VMCDouble Bottom, Adam and Eve      10/30/202511/18/2025Cement and Aggregates
WMTDouble Bottom, Eve and Adam      12/24/202501/08/2026Retail Store
WERNDouble Bottom, Adam and Adam      12/19/202501/02/2026Trucking/Transp. Leasing
WWDTriple bottom      12/03/202512/17/2025Precision Instrument
XELDouble Bottom, Eve and Eve      12/16/202501/05/2026Electric Utility (West)

 

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Thursday 1/15/26. Intraday Market Direction: Nasdaq

The Nasdaq dropped by -1.0% or -238.12 points. Since 02/05/1971 the Nasdaq made 172 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 1.1% on 78 occasions.
     Average loss was -1.4% on 94 occasions.
Expect the Nasdaq to close lower 54.7% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Nasdaq closing higher has been right 303/552 or 54.9% of the time.
     The prediction of the Nasdaq closing lower has been right 87/182 or 47.8% of the time.

$ $ $

Picture of the Nasdaq composite on the 5 minute scale.

I show a picture of the Nasdaq composite on the 5-minute scale.

I show a pattern that I rarely look for. It's a bump-and-run reversal top.

The BARR top is made of several parts. The lead-in phase is A to B. the bump phase is B to C with a dual bump (in this example only), at C to D. E is a pullback but not a good representation of one. Finally, the run phase is the drop after E.

The price target is the price at the start of the pattern which is A. As the chart shows, the pattern completed successfully. Refer to the link for more details about this pattern.

$ $ $

Here's a symbol list of 121 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACN, ADBE, AES, AFL, AKAM, ALRM, AA, AMWD, AMN, ATR, ARCB, ADM, BBW, CBT, CAL, CE, CENX, CINF, CNA, CTSH, ED, CSGS, DSGR, ^DJI, DTE, BOOM, EMR, EPAM, EQT, EXC, EXPI, FIS, FLS, FMC, GD, GNW, GILD, IDA, IPAR, IBKR, IPI, INTU, ISRG, JKHY, KSS, KLIC, LMT, LXU, M, MGY, MANH, MTRN, MTRX, MU, MCO, MS, MOS, NFLX, NTGR, NJR, NOC, NOVT, ORI, OMC, ASGN, OR, OUT, PKE, PATK, PFG, PG, QTWO, QCOM, RJF, RCKY, SAIC, SMG, SIGI, SMTC, SCI, SPSC, TDOC, TDC, TXN, TG, WLK, WEX, WSC, WDAY, IYM, IEZ, IHE, FDN, SLV, IGE, IEO, IYF, EWK, EWG, EWH, EWS, EWY, EWU, PPA, DBA, PXJ, PHO, XLF, XAR, USO, VIS. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  22,264.34    
 Monthly S1  22,868.04  603.71   
 Weekly S2  23,117.98  249.93   
 Daily S2  23,172.66  54.69   
 Weekly S1  23,294.86  122.20   
 Monthly Pivot  23,295.71  0.84   Yes! The Monthly Pivot is close to the Weekly S1.
 Low  23,306.66  10.95   Yes! The Low is close to the Monthly Pivot.
 Daily S1  23,322.21  15.55   Yes! The Daily S1 is close to the Low.
 61.8% Down from Intraday High  23,414.97  92.77   
 50% Down from Intraday High  23,448.43  33.46   
 Daily Pivot  23,456.20  7.77   Yes! The Daily Pivot is close to the 50% Down from Intraday High.
 Close  23,471.75  15.55   Yes! The Close is close to the Daily Pivot.
 38.2% Down from Intraday High  23,481.89  10.14   Yes! The 38.2% Down from Intraday High is close to the Close.
 Weekly Pivot  23,509.12  27.23   Yes! The Weekly Pivot is close to the 38.2% Down from Intraday High.
 Open  23,563.92  54.80   
 High  23,590.20  26.28   Yes! The High is close to the Open.
 Daily R1  23,605.75  15.55   Yes! The Daily R1 is close to the High.
 Weekly R1  23,686.00  80.26   
 Daily R2  23,739.74  53.74   
 Monthly R1  23,899.41  159.67   
 Weekly R2  23,900.26  0.84   Yes! The Weekly R2 is close to the Monthly R1.
 Monthly R2  24,327.08  426.82   

Wednesday 1/14/26. A Look at the Chart Pattern Indicator (CPI)

Picture of the chart pattern indicator

This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.

Last week, I guessed correctly that the indictor would drop sharply, differing itself from the slow drop after A. That happened at B.

Since B, the markets firmed up and sent the CPI soaring until today (Tuesday). The indices eased lower, taking the CPI with it.

What's next for the CPI? I don't know. It's neutral with a reading of 62.1. Apparently, the markets didn't like a cap in interest rates credit card companies can charge consumers and the financials tumbled accompanied by weak results from JPMorgan Chase.

$ $ $

Here's a symbol list of 185 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ACH, ACN, ACIW, ADBE, AMD, AES, AKAM, ALRM, ALB, ALGT, DOX, AXP, AFG, APA, AMAT, ATR, ACGL, ADM, AIZ, AGO, BIIB, BA, BAH, BFH, BRKR, CBT, CAL, CX, CDAY, CHKP, CHD, CLNE, CNA, CTSH, GLW, CCK, CMI, CW, DHR, XRAY, DVN, ^DJI, DUK, EMN, ECL, EMR, EPAM, EFX, EVH, EXPI, XOM, EZPW, FIVN, FLS, FTV, GPN, THG, HQY, HP, HNI, JBHT, HURC, IDA, NSP, JKHY, JAZZ, KELYA, KMT, KFRC, KLAC, KLIC, LHX, LNC, L, LXU, M, MANH, MKTX, MLM, MU, MS, MYGN, ^IXIC, NTGR, NEE, NOVT, OGE, ORI, OMC, ASGN, OTEX, OUT, PKG, PKE, PATK, PAYX, PFE, PLXS, PPG, PRU, QTWO, QCOM, RL, RGS, RNG, RLI, RCKY, RES, SAIC, SEIC, SMTC, NOW, SGI, SWX, SPSC, SSYS, TRGP, TGT, TDC, TXN, TJX, TOL, TRV, TREX, UIS, VFC, VMI, VMC, WRB, WSM, WSC, WDAY, ITA, IYK, BOTZ, IHF, IXC, IXN, ILF, SOXX, IGE, IYF, EWA, ECH, EWG, EWM, EWS, THD, TUR, PPA, DBA, PBE, PJP, XLF, XLV, XLI, USO, VIS. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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Tuesday 1/13/26. Slider Trading Quiz!

The Dow climbed by 0.2% or 86.13 points. Since 10/01/1928 the Dow made 1404 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.6% on 763 occasions.
     Average loss was -0.5% on 641 occasions.
Expect the Dow to close higher 54.3% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Dow closing higher has been right 326/595 or 54.8% of the time.
     The prediction of the Dow closing lower has been right 62/127 or 48.8% of the time.

$ $ $

I show another slider trading quiz featuring Semtech: SMTC stock.

$ $ $

Here's a symbol list of 144 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ANF, ABM, AEIS, AES, AKAM, ALB, DOX, AEO, AXP, AFG, AMN, AMAT, ATR, BIIB, BAH, BFH, BRKR, CBT, CALM, CE, CHKP, CI, CSCO, CLNE, CLF, CNA, CAG, CR, DHR, XRAY, DDS, DOV, EPAM, EFX, EVRG, EXPD, FFIV, FIS, FTV, FNV, FCX, GFS, GL, HLIT, HL, HD, IEX, TILE, KELYA, KEYS, KSS, LDOS, LLY, LNC, LXU, MHO, M, NJR, NOC, NUS, OMC, OTEX, OR, OXM, PKE, PATK, PYPL, PFE, PNW, RJF, RTX, RHI, RES, SBH, SAIC, SEIC, SCI, NOW, SCCO, SWX, SXI, TDOC, TFX, TOL, TRV, TZOO, TG, UHAL, VECO, V, WPM, WMB, WSM, WSC, ITA, IYM, IAI, IYC, IEZ, IDU, FXI, BOTZ, IHF, IEV, MXI, IXN, ILF, SLV, IHI, EWK, ECH, EEM, EWG, EWI, EWJ, EWM, EWW, EZA, EWP, EWD, EWT, TUR, EWU, PPA, PBE, PHO, XLY, GLD, XLB, XLU, VAW. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  46,733.04    
 Weekly S2  48,048.61  1,315.57   
 Monthly S1  48,161.62  113.01   
 Daily S2  48,789.58  627.96   
 Weekly S1  48,819.40  29.82   Yes! The Weekly S1 is close to the Daily S2.
 Monthly Pivot  48,891.52  72.12   
 Low  49,011.31  119.79   
 Daily S1  49,189.89  178.58   
 Weekly Pivot  49,220.42  30.53   Yes! The Weekly Pivot is close to the Daily S1.
 61.8% Down from Intraday High  49,248.93  28.51   Yes! The 61.8% Down from Intraday High is close to the Weekly Pivot.
 50% Down from Intraday High  49,322.33  73.40   
 38.2% Down from Intraday High  49,395.73  73.40   
 Daily Pivot  49,411.62  15.89   Yes! The Daily Pivot is close to the 38.2% Down from Intraday High.
 Open  49,499.67  88.05   
 Close  49,590.20  90.53   
 High  49,633.35  43.15   Yes! The High is close to the Close.
 Daily R1  49,811.93  178.58   
 Weekly R1  49,991.21  179.29   
 Daily R2  50,033.66  42.45   Yes! The Daily R2 is close to the Weekly R1.
 Monthly R1  50,320.11  286.45   
 Weekly R2  50,392.23  72.12   
 Monthly R2  51,050.01  657.79   

Monday 1/12/26. Market Monday: The Week Ahead

My Prediction

Picture of the Dow transports on the daily scale.

This is a chart of the Dow transports on the daily scale.

AB is an unusual looking double bottom chart pattern. I say it's unusual because the left side enters the pattern from the bottom, not the top.

The pattern confirms as valid when the index closes above the green line at C. The height of the pattern gives us a target when it's added to the green line. The move after the breakout (a close above the green line) looks to approach the height of the pattern. So price meets the target. You might see the index throwback to the breakout price or below.

The triple bottom also confirms at a different C, as shown on the chart.

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A Brief Look Back

The following is a brief review of how the markets performed over time. The numbers refer to the close-to-close move in the Dow industrials.

Monday: Up 594.79 points.
Tuesday: Up 484.9 points.
Wednesday: Down 466 points.
Thursday: Up 270.03 points.
Friday: Up 237.96 points.

For the Week...

The Dow industrials were up 1121.68 points or 2.3%.
The Nasdaq composite was up 435.72 points or 1.9%.
The S&P 500 index was up 107.81 points or 1.6%.

Year to Date...

Dow Industrials
     0.2% down from the high of 49,621.43 on 01/07/2026.
     3.5% up from the low of 47,853.04 on 01/02/2026.
Nasdaq
     0.2% down from the high of 23,723.37 on 01/07/2026.
     2.4% up from the low of 23,119.49 on 01/02/2026.
S&P 500
     0.2% down from the high of 6,978.36 on 01/09/2026.
     2.1% up from the low of 6,824.31 on 01/02/2026.

Options Expiration

Many options expire this week, so traders will be looking to close out their positions, and that suggests increased volatility (large daily price swings).

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Swing Traders: Pivot Points

The following is based on an SFO article in December 2004 by John Seekinger, titled, "Take a two-dimensional approach." He offers these tips.

IndexS2S1PivotR1R2
Dow Industrials (^DJI): Daily  49,050  49,277  49,424  49,651  49,799 
Weekly  48,020  48,762  49,192  49,934  50,364 
Monthly  46,704  48,104  48,863  50,263  51,021 
S&P500 (^GSPC): Daily  6,893  6,930  6,954  6,991  7,015 
Weekly  6,859  6,912  6,945  6,999  7,032 
Monthly  6,630  6,798  6,888  7,056  7,146 
Nasdaq (^IXIC): Daily  23,312  23,492  23,606  23,786  23,901 
Weekly  23,185  23,428  23,576  23,819  23,967 
Monthly  22,331  23,001  23,362  24,032  24,394 

Here are the formulas:

Pivot point: P = (H + L + C)/3
First resistance level: R1 = (2 * P) - L
First support level: S1 = (2 * P) - H)
Second resistance level: R2 = P + (R1 - S1)
Second support level: S2 = P - (R1 - S1)
H = high price , L=low price, C=closing price

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Earnings, Chart Patterns & Industries

Earnings season will be starting in about 4 days.

Here's a symbol list of 146 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ANF, ABM, APD, ALK, ALB, AEO, AXP, AIG, AMWD, AMAT, ATR, AWI, ARW, ADSK, ADP, AVY, BZH, BRC, BFH, BLDR, BG, CBT, CF, CI, CINF, CSCO, CLNE, CMTL, CXW, CSGP, CR, CRH, DDS, BOOM, EXP, EPAM, EFX, EL, FNV, FDP, GFF, THG, HLIT, HIG, HTLD, HL, HSY, DHI, HOV, ILMN, IBP, IPAR, TILE, IPI, JKHY, KBH, KFRC, LZB, LH, LDOS, LEN, LNC, LOW, MHO, M, MLM, MAS, MLI, NWL, NOC, NWPX, NVDA, OMC, ASGN, OTEX, OXM, PATK, PYPL, PG, PHM, KWR, ROK, ROG, ROL, SBH, SEIC, SRE, NOW, SHW, SGI, SCCO, LUV, SXI, TECH, TDOC, TDC, TOL, TSCO, TRV, TREX, VFC, VECO, VMC, WRB, WSO, WPM, WMB, WSC, WDAY, IYM, IYK, IYC, BOTZ, IHF, ILF, SOXX, IGE, ITB, IHI, EWZ, EIS, TUR, PHO, XLP, GLD, XHB, USO, SMH. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

The below industries were the best (rank 1) or worst performing of those I follow.

This WeekLast Week
1. Semiconductor Cap Equip.1. Telecom. Equipment
2. Telecom. Equipment2. Semiconductor Cap Equip.
3. Metals and Mining (Div.)3. Metals and Mining (Div.)
4. Semiconductor4. Apparel
5. Oilfield Svcs/Equipment5. Semiconductor
6. Drug6. Drug
7. Apparel7. Biotechnology
8. Machinery8. Oilfield Svcs/Equipment
9. Biotechnology9. Machinery
10. Retail (Special Lines)10. Air Transport
Best Performing AboveWorst Performing Below
50. Electric Utility (Central)50. Advertising
51. E-Commerce51. E-Commerce
52. Chemical (Basic)52. IT Services
53. Advertising53. Toiletries/Cosmetics
54. Computer Software and Svcs54. Computer Software and Svcs
55. Toiletries/Cosmetics55. Information Services
56. Information Services56. Chemical (Basic)
57. Short ETFs57. Household Products
58. Household Products58. Short ETFs
59. Investment Co. (Domestic)59. Investment Co. (Domestic)
60. Human Resources60. Human Resources

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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Friday 1/9/26. Pattern Trading Setups for the Weekend.

Here's a symbol list of 200 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ANF, ABM, ACH, ACN, ALK, AMWD, AAPL, ARCB, ACGL, ADM, ADP, AVNT, AVA, BMI, BALL, BA, BRC, BCO, BG, CBT, CACI, CAL, CLS, CHD, CTAS, CSCO, CNO, CTSH, ED, CXW, GLW, CSGP, COST, CR, CTS, CW, XRAY, FANG, DDS, ^DJT, EXP, EMN, EOG, EXPI, EXPD, FFIV, FDS, FAST, FIS, FISV, FMC, FORM, FTNT, FTV, FNV, FDP, GAP, GE, GS, GGG, GFF, THG, HLIT, HIG, HTLD, HSIC, HNI, HD, HON, HOV, HWM, HUBG, HUN, IEX, ILMN, IIIN, ITGR, IPAR, TILE, JKHY, KELYA, KMT, KFRC, LHX, LEG, LDOS, LOW, LXU, M, MAN, MKTX, MRTN, MAS, MTRN, MRCY, MLKN, MLI, NWL, NOVT, NUS, NVDA, OLN, OMCL, OMC, ASGN, ORCL, OUT, PKG, PATK, PYPL, PFG, PGR, PHM, KWR, RMBS, RJF, RGS, RHI, RCKY, ROL, ROST, RES, SAIA, SBH, SGI, SR, SXI, TPR, TGT, TDY, TKR, TRV, TG, TREX, UHAL, UPS, VFC, VECO, VRSN, VC, WSO, WERN, WU, WLK, WMB, WSM, IYM, IYK, IYC, FDN, IAT, MXI, IGE, IEO, ITB, EWA, EWO, EWK, EWQ, EWH, EWW, EWS, EZA, THD, DBA, PEJ, PHO, XLY, XHB, XLB, XRT, VAW. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

You can find setups based on a Fibonacci retrace by clicking on the link.

The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.

In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.

For details about the chart patterns, click here.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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 Symbol  Chart Pattern  Bullish 
 Bearish 
Start End Industry
DDDPipe bottom      12/22/202512/29/2025Electronics
MMMDouble Bottom, Eve and Adam      12/23/202501/02/2026Diversified Co.
ACNDouble Bottom, Adam and Eve      12/18/202501/02/2026IT Services
AYIDouble Top, Eve and Eve      12/04/202501/05/2026Furn/Home Furnishings
AESTriple bottom      11/04/202512/17/2025Electric Utility (East)
ALKDouble Top, Adam and Adam      12/12/202512/22/2025Air Transport
ALKSDouble Bottom, Adam and Eve      12/16/202501/06/2026Drug
AMZNThree Rising Valleys      11/21/202501/02/2026Internet
ARHead-and-shoulders top      11/11/202512/30/2025Natural Gas (Diversified)
AAPLHead-and-shoulders top      10/31/202501/02/2026Computers and Peripherals
ADMTriple bottom      12/10/202501/02/2026Food Processing
ANETPipe bottom      11/17/202511/24/2025E-Commerce
AVAHead-and-shoulders bottom      12/08/202501/05/2026Electric Utility (West)
AZTAHorn top      11/24/202512/08/2025Semiconductor Cap Equip.
BIIBTriple bottom      12/10/202501/05/2026Biotechnology
BSXPipe bottom      12/08/202512/15/2025Medical Services
BRDiamond top      11/21/202512/29/2025Information Services
CBTUgly double bottom      11/20/202512/23/2025Chemical (Diversified)
CFHead-and-shoulders bottom      11/24/202512/31/2025Chemical (Basic)
CLDouble Bottom, Adam and Adam      12/08/202501/05/2026Household Products
CMTLFlag, high and tight      10/31/202501/07/2026Telecom. Equipment
COPDouble Bottom, Adam and Adam      12/16/202512/26/2025Petroleum (Integrated)
CRDouble Bottom, Adam and Adam      12/17/202501/02/2026Diversified Co.
CRHTriple top      12/16/202501/07/2026Cement and Aggregates
CROXDouble Top, Eve and Adam      12/16/202512/26/2025Shoe
XRAYUgly double bottom      11/20/202512/24/2025Medical Supplies
DVNDouble Top, Eve and Adam      12/10/202501/02/2026Natural Gas (Diversified)
DDSDouble Bottom, Adam and Eve      12/22/202501/02/2026Retail Store
^DJUDouble Top, Eve and Adam      12/16/202501/02/2026None
^DJTDouble Bottom, Eve and Adam      12/15/202501/02/2026None
^DJIDouble Bottom, Eve and Adam      12/17/202501/02/2026None
BOOMUgly double bottom      11/19/202512/17/2025Metal Fabricating
EMRUgly double bottom      11/20/202512/17/2025Computers and Peripherals
EPAMDouble Bottom, Adam and Adam      12/18/202501/02/2026IT Services
EZPWDouble Bottom, Adam and Adam      12/19/202512/31/2025Financial Services
FISVUgly double bottom      11/21/202501/05/2026IT Services
FLEXPipe top      12/08/202512/15/2025Electronics
FMCTriangle, symmetrical      11/28/202512/29/2025Chemical (Basic)
GISDouble Top, Adam and Adam      11/21/202512/18/2025Food Processing
HTLDDouble Bottom, Eve and Adam      12/19/202501/02/2026Trucking/Transp. Leasing
HSICBroadening top      12/15/202501/06/2026Medical Supplies
JBHTDouble Bottom, Eve and Adam      12/18/202501/02/2026Trucking/Transp. Leasing
INCYPipe bottom      12/08/202512/15/2025Drug
IBPDouble Bottom, Adam and Eve      12/17/202501/02/2026Retail Building Supply
IBKRUgly double bottom      11/21/202512/17/2025Securities Brokerage
KMTDouble Bottom, Eve and Eve      12/19/202501/02/2026Metal Fabricating
KLICDouble Bottom, Eve and Adam      12/17/202512/31/2025Semiconductor Cap Equip.
LDOSDouble Bottom, Eve and Adam      12/17/202501/02/2026IT Services
MASDouble Bottom, Adam and Eve      12/23/202501/02/2026Building Materials
MRCYUgly double bottom      11/21/202512/18/2025Computers and Peripherals
^IXICTriangle, ascending      11/10/202501/06/2026None
NOVTUgly double bottom      11/19/202501/02/2026Precision Instrument
ONDouble Bottom, Eve and Eve      12/16/202512/29/2025Semiconductor
PFEBroadening top      11/25/202512/23/2025Drug
PLXSDouble Bottom, Adam and Eve      12/17/202512/31/2025Electronics
PGRHead-and-shoulders top      12/01/202512/31/2025Insurance (Prop/Casualty)
RJFUgly double bottom      11/20/202512/18/2025Securities Brokerage
ROKDouble Bottom, Adam and Adam      12/17/202512/31/2025Diversified Co.
SLBDouble Bottom, Eve and Eve      12/16/202512/26/2025Oilfield Svcs/Equipment
SMGTriple bottom      10/31/202512/09/2025Chemical (Basic)
SEICUgly double bottom      11/20/202501/02/2026IT Services
SHWTriple bottom      12/10/202512/30/2025Chemical (Basic)
SXIDouble Bottom, Adam and Adam      12/17/202512/31/2025Diversified Co.
SSYSUgly double bottom      11/21/202512/31/2025Electronics
TXNDouble Bottom, Eve and Adam      12/17/202512/31/2025Semiconductor
TKRDouble Bottom, Adam and Eve      12/17/202512/31/2025Metal Fabricating
UISUgly double bottom      11/20/202501/05/2026Computers and Peripherals
VLODouble Bottom, Eve and Eve      12/17/202512/31/2025Petroleum (Integrated)
VECODouble Bottom, Adam and Adam      12/17/202512/31/2025Precision Instrument
VEEVDouble Bottom, Eve and Adam      12/17/202501/05/2026Healthcare Information
WATDouble Bottom, Eve and Adam      12/19/202501/02/2026Precision Instrument
WSCDouble Bottom, Eve and Eve      12/19/202512/31/2025Industrial Services

 

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Thursday 1/8/26. Intraday Market Direction: Nasdaq

The Nasdaq climbed by 0.2% or 37.11 points. Since 02/05/1971 the Nasdaq made 741 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.8% on 428 occasions.
     Average loss was -0.9% on 313 occasions.
Expect the Nasdaq to close higher 57.8% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Nasdaq closing higher has been right 303/551 or 55.0% of the time.
     The prediction of the Nasdaq closing lower has been right 87/182 or 47.8% of the time.

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Picture of the Nasdaq composite on the 5 minute scale.

I show a picture of the Nasdaq composite on the 5-minute scale.

Line A is a trendline beneath the valleys. The index follows the uptrend until late in today's (Wednesday's) trading when it dropped below the line.

Line B highlights a pattern called rising wedge. That's a two-trendline pattern (A and B) that has the trendlines slope upward and converge. This wedge breaks out upward when the index closes above the top trendline.

CD is another chart pattern called a double top. That's two peaks near the same price which confirms as a valid chart pattern when the index closes below green line E.

What does all of this mean? We can discount the rising wedge because it has an upward breakout and price has made its move. Likewise, the height of the double top suggests the drop has already met the target (pattern height minus the green line is the target). The current price is also resting on support which I show as a blue circle.

Bottom line: I don't know which way the index will close tomorrow. It could continue down on general market weakness (after bouncing higher at the open). That's my best guess.

$ $ $

Here's a symbol list of 161 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ABM, ACH, ALK, AEE, AEP, AXP, AFG, AIG, AMGN, AMN, ASH, ATO, BCPC, BSET, BZH, BA, BKNG, BR, BLDR, CPB, CNP, CRL, CI, CSCO, CMCO, CSGP, CR, CRH, CCK, CSGS, CW, XRAY, DDS, DTE, DUK, EXP, EMR, EXC, GD, GE, GILD, GFS, GS, GGG, THG, HELE, HON, HWM, IEX, ITW, INCY, IBP, IPAR, JKHY, KBH, KFRC, KSS, LHX, LH, LDOS, LEN, LLY, LMT, M, MANH, MLM, MAS, MTRX, MRCY, MGEE, MYGN, NTAP, NWL, NKE, NI, OMC, OTEX, PANW, PTEN, PYPL, PCG, PNW, PPL, PHM, RMBS, RTX, ROG, SBH, SRE, SLGN, SGI, SO, SXI, TDOC, TEVA, TXT, TOL, TZOO, TG, TREX, UNH, VECO, VMC, WRB, WSO, WERN, WLK, XEL, ITA, IAI, IYC, IEZ, IDU, BOTZ, ICF, IYZ, IXN, IYF, ITB, EWK, EWC, EWG, EWS, EWP, EWD, PPA, PBE, PEJ, PHO, ROBO, XLP, XHB, XLI, XLU, USO, VIS. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  22,314.71    
 Monthly S1  22,949.49  634.79   
 Weekly S2  22,963.44  13.95   Yes! The Weekly S2 is close to the Monthly S1.
 Weekly S1  23,273.86  310.42   
 Monthly Pivot  23,326.79  52.93   
 Daily S2  23,384.79  58.01   
 Weekly Pivot  23,429.91  45.12   
 Daily S1  23,484.54  54.63   
 Low  23,504.21  19.67   Yes! The Low is close to the Daily S1.
 Open  23,544.89  40.68   
 Close  23,584.28  39.39   
 61.8% Down from Intraday High  23,587.93  3.65   Yes! The 61.8% Down from Intraday High is close to the Close.
 Daily Pivot  23,603.95  16.02   Yes! The Daily Pivot is close to the 61.8% Down from Intraday High.
 50% Down from Intraday High  23,613.79  9.84   Yes! The 50% Down from Intraday High is close to the Daily Pivot.
 38.2% Down from Intraday High  23,639.65  25.86   
 Daily R1  23,703.70  64.05   
 High  23,723.37  19.67   Yes! The High is close to the Daily R1.
 Weekly R1  23,740.33  16.96   Yes! The Weekly R1 is close to the High.
 Daily R2  23,823.11  82.78   
 Weekly R2  23,896.38  73.27   
 Monthly R1  23,961.57  65.19   
 Monthly R2  24,338.87  377.29   

Wednesday 1/7/26. A Look at the Chart Pattern Indicator (CPI)

Picture of the chart pattern indicator

This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.

With large gains in the index today and yesterday, the CPI is nearly at the top of the scale, at 96.7, where 100 is max and 0 is min.

The inset shows the upward move. I included a similar move higher in November. Notice that when the CPI reached near the top of the scale, it backtracked, slowly easing to the late December low before it rebounded this month.

Will that happen this time around? My guess is we'll see the CPI drop, more sharply than the slow slide of November-December. It's possible, however, that the index will continue rising throughout, forming bearish divergence.

$ $ $

Here's a symbol list of 163 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ABT, ABM, ACIW, AKAM, ALK, ALB, ALKS, DOX, AFG, AIG, APH, ANIK, APOG, AAPL, AMAT, ARCB, ADM, ARW, ADP, AVA, BMRN, BRKR, CAL, CE, CX, CNC, CHD, CIEN, CSCO, CTSH, GLW, CR, CMI, DHR, XRAY, FANG, DDS, DUK, EMR, EPAM, EFX, EVRG, EXPI, EXPD, FICO, FIVN, FMC, FCX, FDP, GAP, GD, GIS, GILD, GES, THG, HQY, HOV, IDA, INCY, NSP, ITGR, IPAR, IBKR, JKHY, KSS, KLIC, LZB, LEG, LDOS, LMT, LOW, LPLA, MAN, MAS, MTDR, MTRX, NFLX, NWL, NEU, NUS, NTNX, OMCL, OMC, ON, OUT, OXM, PTEN, PYPL, PNW, PLXS, POR, RL, ROP, SBH, SEE, SGI, SCCO, LUV, SPSC, SXI, TPR, TRGP, TDOC, TEVA, TRV, TZOO, TREX, UNM, VFC, VLO, V, WMT, WU, WLK, WMB, WSC, IYM, IYC, IYH, IXC, MXI, IXN, ILF, SLV, IEO, IHI, EWO, EWK, EWZ, ECH, EEM, EWH, EIS, EWS, EZA, EWY, EWP, EWT, TUR, EWU, IBB, PPA, DBA, PEJ, GLD, XLV, USO, VHT. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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Tuesday 1/6/26. Slider Trading Quiz! SJW (symbol: SJW)

The Dow climbed by 1.2% or 594.79 points. Since 10/01/1928 the Dow made 332 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.6% on 184 occasions.
     Average loss was -0.7% on 148 occasions.
Expect the Dow to close higher 55.4% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Dow closing higher has been right 325/594 or 54.7% of the time.
     The prediction of the Dow closing lower has been right 62/127 or 48.8% of the time.

$ $ $

I show another slider trading quiz featuring SJW (symbol: SJW) stock.

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This year marks the 20th anniversary of the existence of this website. The actual birthday is in November of this year. I don't charge anything to access the research I've posted nor do you have to dream up a login ID or password to access that data. It's all free. I don't support cookies (meaning the website doesn't have any), but I understand that google or Amazon may want to use cookies when you visit this website.

In December, my internet service provider says that the site had over 116,000 unique visitors, the highest monthly total ever.

Welcome to all of you.

This blog page is not the main entrance to the site. If you go to the home page, you'll find links to all of the data I mentioned, including research studies, tutorials, and information on chart patterns and candlesticks.

As a reminder, I released a new version of Patternz, my Windows (only) pattern recognition software. It's free to download and free to use. There's no adware nor spyware in the program, just make sure you download it from this website so you're getting a virus-free copy.

When I started the site, some wondered how long access would remain free. They thought it was a teaser before I started charging. Nearly twenty years later, I've proven them wrong. Let me be clear, I like free. I want to continue to give free access to the site without you having to log in.

Yes, there are ads all over the place. Google determines where those ads appear and how many. Clicking on ads helps provide monetary support for the site. Only click on an ad if it interests you, not to help boost payment to this site.

There's also a referral payment that Amazon.com gives the website when you click on a link to them and buy something while there (during that visit). That fee does not increase the cost of what you're buying, but it does help support this website. If you don't like to click on a google ad, then click on an Amazon link (click the image/text of one of my books at page top or bottom. The click will take you to Amazon and automatically pass a code to them) and do your Internet shopping during that visit.

Thanks, and I hope you will continue to visit this website. Tell your friends, your neighbors, and even your enemies. I could use more viral activity (I'm not talking about the flu). Smiley

$ $ $

Here's a symbol list of 164 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, MMM, ABT, ABM, ACH, ACIW, ADBE, AEIS, AA, AFG, APA, AMAT, ADM, AIZ, AGO, BSET, BZH, BRC, BCO, CLS, COR, CNC, CDAY, CVX, CHD, CIEN, CSCO, CLF, CLX, CNX, CL, COP, CXW, GLW, CR, CROX, CCRN, CMI, DHR, DECK, XRAY, FANG, DDS, ^DJU, D, BOOM, EMR, FFIV, FORM, FCX, FDP, GD, GE, GIS, GILD, THG, HLIT, HL, HSY, HUBG, HUM, IBP, ITGR, IPAR, IPI, INTU, JKHY, JBLU, KALU, KMB, KLIC, LHX, LRCX, LDOS, RAMP, LMT, MTSI, MGY, MRTN, MLM, MTDR, MLKN, MUR, NBR, ^IXIC, NEU, NEE, NOC, OXY, OMC, OUT, PANW, PKE, PCG, PNW, PRU, RJF, RGLD, SLB, SCHW, SHW, SCCO, SSYS, TRGP, TECH, TDY, TER, TTD, TREX, VECO, VMC, WRB, WERN, WMB, ITA, IYK, IEZ, QTEC, FXL, QQQ, IHF, IXC, IXN, SOXX, SLV, IYF, EEM, EWQ, EIS, EWJ, EWS, EWY, EWD, EWL, EWT, THD, TUR, QLD, PPA, PBE, PXJ, PJP, ROBO, XLP, XLF, XLU, UNG, SMH, VHT, VAW. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  46,753.05    
 Weekly S2  47,659.89  906.85   
 Monthly S1  47,865.11  205.22   
 Daily S2  48,118.59  253.47   
 Weekly S1  48,318.54  199.95   
 Monthly Pivot  48,375.99  57.45   Yes! The Monthly Pivot is close to the Weekly S1.
 Low  48,449.62  73.63   Yes! The Low is close to the Monthly Pivot.
 Open  48,475.81  26.19   Yes! The Open is close to the Low.
 Weekly Pivot  48,511.68  35.88   Yes! The Weekly Pivot is close to the Open.
 Daily S1  48,547.88  36.20   Yes! The Daily S1 is close to the Weekly Pivot.
 61.8% Down from Intraday High  48,740.07  192.18   
 50% Down from Intraday High  48,829.79  89.72   
 Daily Pivot  48,878.92  49.13   Yes! The Daily Pivot is close to the 50% Down from Intraday High.
 38.2% Down from Intraday High  48,919.50  40.59   Yes! The 38.2% Down from Intraday High is close to the Daily Pivot.
 Close  48,977.18  57.68   Yes! The Close is close to the 38.2% Down from Intraday High.
 Weekly R1  49,170.33  193.15   
 High  49,209.95  39.62   Yes! The High is close to the Weekly R1.
 Daily R1  49,308.21  98.27   
 Weekly R2  49,363.47  55.26   Yes! The Weekly R2 is close to the Daily R1.
 Monthly R1  49,488.05  124.58   
 Daily R2  49,639.25  151.19   
 Monthly R2  49,998.93  359.68   

Monday 1/5/26. 2026 Market Forecast

My Prediction

Here's the link to the 2026 market forecast, presented in slider format.

A Brief Look Back

The following is a brief review of how the markets performed over time. The numbers refer to the close-to-close move in the Dow industrials.

Monday: Up 227.79 points.
Tuesday: Up 79.73 points.
Wednesday: Up 288.75 points.
Friday: Down 20.19 points.
Monday: Down 249.04 points.

For the Week...

The Dow industrials were down 71.6 points or 0.1%.
The Nasdaq composite was down 65.63 points or 0.3%.
The S&P 500 index was up 11 points or 0.2%.

Year to Date...

Dow Industrials
Nasdaq
S&P 500

Options Expiration

No options expire this week.

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Swing Traders: Pivot Points

The following is based on an SFO article in December 2004 by John Seekinger, titled, "Take a two-dimensional approach." He offers these tips.

IndexS2S1PivotR1R2
Dow Industrials (^DJI): Daily  47,826  47,945  48,170  48,288  48,513 
Weekly  47,765  47,914  48,348  48,497  48,931 
Monthly  44,907  46,485  47,686  49,264  50,465 
S&P500 (^GSPC): Daily  6,807  6,826  6,864  6,883  6,921 
Weekly  6,792  6,819  6,882  6,909  6,972 
Monthly  6,492  6,669  6,807  6,984  7,122 
Nasdaq (^IXIC): Daily  23,101  23,171  23,308  23,379  23,516 
Weekly  23,121  23,182  23,423  23,484  23,726 
Monthly  21,916  22,579  23,141  23,805  24,367 

Here are the formulas:

Pivot point: P = (H + L + C)/3
First resistance level: R1 = (2 * P) - L
First support level: S1 = (2 * P) - H)
Second resistance level: R2 = P + (R1 - S1)
Second support level: S2 = P - (R1 - S1)
H = high price , L=low price, C=closing price

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Earnings, Chart Patterns & Industries

Earnings season will be starting in about 12 days.

Here's a symbol list of 2 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: RRC, UNG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

The below industries were the best (rank 1) or worst performing of those I follow.

This WeekLast Week
1. Telecom. Equipment1. Telecom. Equipment
2. Semiconductor Cap Equip.2. Semiconductor Cap Equip.
3. Metals and Mining (Div.)3. Metals and Mining (Div.)
4. Apparel4. Apparel
5. Semiconductor5. Semiconductor
6. Drug6. Drug
7. Biotechnology7. Biotechnology
8. Oilfield Svcs/Equipment8. Oilfield Svcs/Equipment
9. Machinery9. Machinery
10. Air Transport10. Air Transport
Best Performing AboveWorst Performing Below
50. Advertising50. Advertising
51. E-Commerce51. E-Commerce
52. IT Services52. IT Services
53. Toiletries/Cosmetics53. Toiletries/Cosmetics
54. Computer Software and Svcs54. Computer Software and Svcs
55. Information Services55. Information Services
56. Chemical (Basic)56. Chemical (Basic)
57. Household Products57. Household Products
58. Short ETFs58. Short ETFs
59. Investment Co. (Domestic)59. Investment Co. (Domestic)
60. Human Resources60. Human Resources

-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

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Friday 1/2/26. Patternz

I released a new version of Patternz (version 8.0.0.7). It fixed a crash that will only happen in rare setups using weird data.

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