As of 01/17/2025   Indus: 43,488 +334.70 +0.8%     Trans: 16,431 -169.75 -1.0%     Utils: 1,013 +1.53 +0.2%     Nasdaq: 19,630 +291.91 +1.5%     S&P 500: 5,997 +59.32 +1.0%	YTD  +2.2%    +3.4%    +3.0%    +1.7%    +2.0%	Targets    Overview: 01/15/2025     44,700 or 41,600 by 02/01/2025   17,200 or 15,700 by 02/01/2025   1,050 or 950 by 02/01/2025   20,500 or 18,670 by 02/01/2025   6,100 or 5,700 by 02/01/2025
Chart Pattern Indicator: on 1/13/25

As of 01/17/2025   Indus: 43,488 +334.70 +0.8%     Trans: 16,431 -169.75 -1.0%     Utils: 1,013 +1.53 +0.2%     Nasdaq: 19,630 +291.91 +1.5%     S&P 500: 5,997 +59.32 +1.0%	YTD  +2.2%    +3.4%    +3.0%    +1.7%    +2.0%
Targets    Overview: 01/15/2025     44,700 or 41,600 by 02/01/2025   17,200 or 15,700 by 02/01/2025   1,050 or 950 by 02/01/2025   20,500 or 18,670 by 02/01/2025   6,100 or 5,700 by 02/01/2025
Chart Pattern Indicator: on 1/13/25

Recent Headlines Tuesday 1/21/25. Slider Trading Quiz! Varian Semiconductor: VSEA Monday 1/20/25 Market Holiday (King's birthday) Friday 1/17/25. Pattern Trading Setups for the Weekend. Thursday 1/16/25. Intraday Market Direction: Nasdaq Wednesday 1/15/25. A Look at the Chart Pattern Indicator (CPI) Tuesday 1/14/25. Slider Trading Quiz! Verisign: VRSN

Older Headlines Monday 1/13/25. Market Monday: The Week Ahead Friday 1/10/25. Pattern Trading Setups for the Weekend. Thursday 1/9/25. Intraday Market Direction: Nasdaq Wednesday 1/8/25. A Look at the Chart Pattern Indicator (CPI) Tuesday 1/7/25. Slider Trading Quiz! Verisign 2: VRSN Monday 1/6/25. Market Monday: The Week Ahead Friday 1/3/25. Pattern Trading Setups for the Weekend. Thursday 1/2/25. 2025 Forecast Update Tuesday 12/31/24. Slider Trading Quiz! Vertex Pharmaceutical: VRTX Monday 12/30/24. Market Monday: The Week Ahead

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Tuesday 1/21/25. Slider Trading Quiz!

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I show another slider trading quiz featuring Varian Semiconductor: VSEA stock.

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Here's a symbol list of 182 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: A, ALK, ALB, AMZN, AME, ANIK, APA, ARCB, ADP, AXS, AZTA, BSET, BAX, BZH, BRKR, BLDR, CDAY, CRL, CINF, CTAS, CLX, CNO, CGNX, CMTL, GLW, CRH, CCK, CMI, ^DJT, ^DJI, BOOM, EXP, EME, EMR, EFX, EXPI, FFIV, FICO, FIVN, FTNT, FTV, FWRD, GME, GIS, GPN, GFS, GL, GMS, GFF, GES, DHI, HOV, HUBG, HUN, HURC, IDA, IDXX, NSP, INTC, IPI, KALU, KBH, KEYS, LZB, LEG, LNC, RAMP, MTSI, MANH, MLM, MAS, MRK, MCO, NBR, NFG, NWL, NEU, NKE, JWN, NOVT, NTNX, OGE, ORI, OMC, OTEX, OUT, PTEN, PAYX, PCTY, PPG, PPL, PINC, PFG, RMBS, RGS, RCKY, RES, ^GSPC, SLB, SAIC, SMG, SEE, SEIC, SIGI, SMAR, SR, SXI, TPR, TRGP, TPX, TDC, TEVA, TXN, TXT, TTD, TOL, TZOO, TWLO, UGI, UIS, UNM, VFC, WRB, WU, WOLF, WDAY, IYM, IAI, IYC, IEZ, IHE, DDM, QTEC, FXL, FXI, BOTZ, IYZ, IGV, MXI, IXN, IGE, EWO, EWK, EWQ, EWG, EWH, EWI, EZA, EWP, EWD, TUR, EWU, PPA, DBA, PEJ, PXJ, PHO, SSO, ROBO, XLY, XLI, XLB, SPY, XAR, 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.

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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), Foresight (#Ad)

Friday 1/17/25. Pattern Trading Setups for the Weekend.

Here's a symbol list of 140 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, AXDX, AMZN, DOX, AEP, AFG, AIG, AMWD, AMGN, AMAT, ACGL, ASH, ATO, ADP, BSET, BAX, BKNG, BMY, BR, CPB, CLS, CNP, CRL, CTAS, CSCO, CNO, CL, CMTL, COTY, CSGS, DHR, DFS, D, DTE, DUK, BOOM, EMR, EL, EVRG, EXC, FFIV, FICO, FIVN, FTV, FNV, GME, GAP, GD, GL, HQY, HTLD, HELE, HUBG, PODD, TILE, IPI, KLAC, LHX, LRCX, LPLA, LXU, MTSI, MGY, MS, MUR, ^IXIC, NFG, NJR, NI, NOC, NVDA, OGE, PDCO, PTEN, PCTY, PNW, POR, PPG, PPL, PINC, PFG, PEG, QCOM, RL, RGA, RLI, ROL, RES, SAIA, SCHW, SEE, SHW, SO, LUV, SWX, SPSC, TPX, TDC, TMO, TSCO, TRV, TWLO, UGI, UPS, VFC, WLK, WEX, WPM, XEL, IAI, IYK, IHE, FTEC, IEV, IXC, IXN, EWK, EWQ, EWM, EWS, EWY, EWD, EWL, EWT, TUR, QLD, ROBO, GLD, XLK, XLU, SMH, 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.

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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), Foresight (#Ad)

Thursday 1/16/25. Intraday Market Direction: Nasdaq

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

I don't have a lot to say about the chart. The index followed the channel down. I show the channel as two nearly parallel lines.

At A, the index completed what's called a throwback. That's when a chart pattern (in this case, the channel) breaks out upward but quickly (within a month but it usually happens in about a week to 10 days) returns to the breakout price. That's what you see at A.

As to what all of this means for the index going forward, I haven't a clue.

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Here's a symbol list of 214 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, AES, AFL, ATSG, ALGT, AMZN, AEO, AFG, AIG, AMWD, AMN, AAPL, ARCB, ACGL, AWI, AGO, AVNT, BECN, BZH, BIO, BMRN, BKH, BFH, BLDR, CX, COR, CIEN, CTAS, CNO, CNX, CMTL, COP, COST, COTY, CCK, DHR, DFS, ^DJT, DOV, DUK, EXP, EME, EFX, EQT, EXPI, FFIV, FICO, FAST, FLS, FWRD, FNV, GME, IT, GE, GL, GMS, GGG, GFF, HQY, HTLD, HSII, HNI, HD, DHI, HOV, HWM, HUBG, JBHT, IDA, ITW, IBP, IIIN, IPI, ISRG, IRM, K, KELYA, KFRC, KLAC, LZB, LANC, LEG, LNC, LOW, LXU, MHO, MTSI, MGY, MAN, MLM, MAS, META, MGEE, MLKN, MCO, MLI, MUR, NFG, NFLX, NTAP, NEU, NOC, NUS, OGE, OLN, ORCL, OMI, PATK, PDCO, PTEN, PYPL, PFE, POR, PPG, PFG, PHM, RMBS, RRC, RJF, RHI, ROK, RES, R, SAIA, SBH, SEE, SIGI, SMTC, NOW, SHW, SLGN, SCCO, LUV, SCS, SSYS, SRDX, TPX, TXT, TOL, TSCO, TREX, UHAL, VFC, VLO, VMI, VRTX, V, VMC, WRB, WSO, WERN, WLK, WEX, XEL, ITA, IYM, IAI, IYC, IYE, IEZ, FXL, FXI, IAT, IYZ, IGV, IXC, MXI, ILF, IGE, IEO, IYF, ITB, IHI, EWK, EWZ, EEM, EWQ, EWG, EWH, EIS, EWI, EWM, EZA, EWY, EWP, EWD, EWT, IBB, PEJ, PXJ, PJP, PHO, XLE, XLF, GLD, XHB, XLI, XLB, XRT, 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.

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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), Foresight (#Ad)