As of 12/04/2020
  Indus: 30,218 +248.74 +0.8%  
  Trans: 12,742 +155.26 +1.2%  
  Utils: 856 -10.76 -1.2%  
  Nasdaq: 12,464 +87.05 +0.7%  
  S&P 500: 3,699 +32.40 +0.9%  
YTD
 +5.9%  
 +16.9%  
-2.6%  
 +38.9%  
 +14.5%  
  Targets    Overview: 11/30/2020  
  Up arrow30,700 or 28,250 by 12/15/2020
  Up arrow13,500 or 11,700 by 12/15/2020
  Down arrow830 or 925 by 12/15/2020
  Up arrow12,500 or 11,400 by 12/15/2020
  Up arrow3,750 or 3,400 by 12/15/2020
CPI (updated daily): Arrows on 11/2/20
As of 12/04/2020
  Indus: 30,218 +248.74 +0.8%  
  Trans: 12,742 +155.26 +1.2%  
  Utils: 856 -10.76 -1.2%  
  Nasdaq: 12,464 +87.05 +0.7%  
  S&P 500: 3,699 +32.40 +0.9%  
YTD
 +5.9%  
 +16.9%  
-2.6%  
 +38.9%  
 +14.5%  
  Targets    Overview: 11/30/2020  
  Up arrow30,700 or 28,250 by 12/15/2020
  Up arrow13,500 or 11,700 by 12/15/2020
  Down arrow830 or 925 by 12/15/2020
  Up arrow12,500 or 11,400 by 12/15/2020
  Up arrow3,750 or 3,400 by 12/15/2020
CPI (updated daily): Arrows on 11/2/20

Bulkowski's Retrace Setup

 

My book, Swing and Day TradingSwing and Day Trading: Evolution of a Trader book., has other trading setups geared toward swing and day traders. I show a picture of the book on the left.

If you click on the above link and then buy the book (or anything) while at Amazon.com, the referral will help support this site. Thanks.

-- Tom Bulkowski

$ $ $

The following table show securities (stocks, exchange traded funds, indices) that have retraced a portion of the prior up trend.

To create this list, my computer found the most recent three major turns in which price climbed and then retraced. The retrace is between 57% and 67% of the first two turns, bracketing the 62% Fibonacci retrace number.

Retrace Setup Definitions

The table shows the Bottom, Peak, Bottom, which are the three turns.
The Last Close is the most recent closing price as of the day the list was created.
Diff is the difference between the last close and the most recent bottom.
Suggested Stop is placed at 67% below the Top. Research says that this stop should only trigger a third of the time, allowing two thirds of trades to work. In real trading, though, anything could happen, so set a stop where you feel is best.

All of this is just guidance and I do not offer any type of guarantee that this setup will work. If and how you trade this is entirely up to you.

For more information on the setup, click See Also

-- Thomas Bulkowski

Retrace Setups

If none appear, then no setups were found in the 600+ securities I reviewed.

This is a list of stocks, ETFs and indices with a 57% to 67% retrace of the most recent advance, as of 12/3/20.

SecurityBottomPeakBottomLast
Close		DiffRetraceSuggested
Stop
AES Corp (AES)  10/29/20   11/9/20  11/23/20 $20.36 $21.16 $0.80 3.9% 59% $20.08 -5.1%
AmerisourceBergen Corp (ABC)  10/29/20   11/11/20  11/20/20 $99.74 $101.50 $1.76 1.8% 61% $98.51 -2.9%
Archer-Daniels-Midland Co (ADM)  10/30/20   11/9/20  11/19/20 $48.12 $49.81 $1.69 3.5% 57% $47.56 -4.5%
Ashland Inc. (ASH)  10/29/20   11/16/20  12/3/20 $73.52 $73.65 $0.13 0.2% 65% $73.15 -0.7%
Black Hills Corp (BKH)  10/30/20   11/18/20  12/3/20 $59.51 $59.78 $0.27 0.5% 65% $59.29 -0.8%
Clorox Co, The (CLX)  11/10/20   11/18/20  11/24/20 $199.43 $201.23 $1.80 0.9% 62% $198.63 -1.3%
Eagle Materials Inc. (EXP)  11/12/20   11/24/20  11/30/20 $90.85 $96.26 $5.41 6.0% 59% $89.90 -6.6%
Henry Schein Inc. (HSIC)  11/4/20   11/9/20  11/30/20 $63.11 $66.47 $3.36 5.3% 65% $62.89 -5.4%
Hologic Inc (HOLX)  11/10/20   11/17/20  11/23/20 $67.33 $72.49 $5.16 7.7% 62% $66.92 -7.7%
IDACORP Inc (IDA)  10/29/20   11/9/20  11/19/20 $89.05 $91.40 $2.35 2.6% 66% $88.97 -2.7%
Installed Building Products Inc (IBP)  11/9/20   11/24/20  12/2/20 $93.84 $96.41 $2.57 2.7% 61% $92.49 -4.1%
Insteel Industries Inc (IIIN)  10/28/20   11/23/20  12/3/20 $22.60 $23.26 $0.66 2.9% 59% $22.16 -4.7%
Intuit Inc (INTU)  10/30/20   11/9/20  11/23/20 $337.72 $363.70 $25.98 7.7% 61% $333.53 -8.3%
Jack Henry and Associates (JKHY)  10/30/20   11/5/20  11/19/20 $155.74 $158.01 $2.27 1.5% 58% $153.76 -2.7%
Kimball International, Inc. (KBAL)  11/5/20   11/24/20  11/30/20 $10.86 $11.35 $0.49 4.5% 67% $10.85 -4.4%
Lilly, Eli and Co. (LLY)  10/30/20   11/4/20  11/17/20 $138.61 $144.11 $5.50 4.0% 59% $136.72 -5.1%
Lockheed Martin Corp (LMT)  10/30/20   11/18/20  12/2/20 $360.01 $362.03 $2.02 0.6% 62% $358.13 -1.1%
MDC Holdings Inc. (MDC)  11/9/20   11/27/20  12/2/20 $45.61 $48.30 $2.69 5.9% 59% $45.06 -6.7%
MDC Pateners Inc (MDCA)  10/28/20   11/16/20  11/19/20 $2.14 $2.27 $0.13 6.1% 65% $2.13 -6.2%
Quest Diagnostics (DGX)  11/9/20   11/23/20  12/3/20 $121.85 $122.82 $0.97 0.8% 62% $121.32 -1.2%
SEI Investments Co (SEIC)  10/28/20   11/24/20  12/1/20 $52.32 $55.18 $2.86 5.5% 57% $51.48 -6.7%
Sempra Energy (SRE)  10/30/20   11/16/20  11/19/20 $129.46 $132.01 $2.55 2.0% 59% $128.43 -2.7%
Vulcan Materials (VMC)  9/21/20   10/8/20  11/20/20 $135.51 $144.57 $9.06 6.7% 63% $134.25 -7.1%
Westlake Chemical Corp (WLK)  10/29/20   11/9/20  11/12/20 $70.68 $78.56 $7.88 11.1% 62% $69.91 -11.0%
DJ US Medical devices index fund (IHI)  10/30/20   11/9/20  11/25/20 $306.90 $314.63 $7.73 2.5% 64% $305.92 -2.8%

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See Also

 

Support this site! Clicking any of the books (below) takes you to Amazon.com. If you buy ANYTHING while there, they pay for the referral.

My novels:  Bumper's Story Head's Law

Chart Patterns: After the Buy Getting Started in Chart Patterns, Second Edition Trading Basics Fundamental Analysis and Position Trading Swing and Day Trading Visual Guide to Chart Patterns Encyclopedia of Candlestick Charts Encyclopedia of Chart Patterns 2nd Edition Trading Classic Chart Patterns

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