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Thomas Bulkowski’s successful investment activities allowed him to retire at age 36. He is an internationally known author and trader with 30+ years of stock market experience and widely regarded as a leading expert on chart patterns. He may be reached at

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Bulkowski's Retrace Setup

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Busted
Patterns
Candles Chart
Patterns
Event
Patterns
Small Patterns
Market
Industrials (^DJI):
Transports (^DJT):
Utilities (^DJU):
Nasdaq (^IXIC):
S&P500 (^GSPC):
As of 06/23/2017
21,395 -2.53 0.0%
9,389 68.83 0.7%
725 -2.17 -0.3%
6,265 28.56 0.5%
2,438 3.80 0.2%
YTD
8.3%
3.8%
10.0%
16.4%
8.9%
Tom's Targets    Overview: 06/15/2017
21,600 or 21,000 by 07/01/2017
9,100 or 9,600 by 07/01/2017
720 or 745 by 07/01/2017
6,300 or 6,000 by 07/01/2017
2,525 or 2,390 by 07/01/2017

Written by and copyright © 2005-2017 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.

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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

Click the link for a list of symbols from the table.

-- 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 6/22/17.

SecurityBottomPeakBottomLast
Close
DiffRetraceSuggested
Stop
Assurant Inc (AIZ)  4/13/17   5/4/17  5/31/17 $97.28 $100.26 $2.98 3.1% 64% $96.86 -3.4%
Autodesk Inc (ADSK)  5/18/17   5/25/17  6/12/17 $100.70 $106.78 $6.08 6.0% 65% $100.20 -6.2%
Best Buy Co. (BBY)  5/24/17   5/25/17  6/22/17 $54.65 $55.22 $0.57 1.0% 63% $54.14 -2.0%
Cadence Design Systems Inc (CDNS)  5/18/17   6/9/17  6/12/17 $33.56 $34.28 $0.72 2.1% 59% $33.26 -3.0%
Check Point Software (CHKP)  4/27/17   6/8/17  6/12/17 $107.26 $113.51 $6.25 5.8% 62% $106.58 -6.1%
Cincinnati Financial Corp (CINF)  6/7/17   6/16/17  6/22/17 $71.16 $71.46 $0.30 0.4% 60% $70.84 -0.9%
Columbus McKinnon (CMCO)  5/18/17   6/9/17  6/22/17 $25.90 $26.18 $0.28 1.1% 58% $25.32 -3.3%
Crown Holdings Inc (CCK)  5/18/17   6/2/17  6/16/17 $56.53 $57.62 $1.09 1.9% 62% $56.34 -2.2%
Danaher Corp (DHR)  5/18/17   6/2/17  6/15/17 $83.65 $85.96 $2.31 2.8% 59% $83.22 -3.2%
Dentsply International, Inc. (XRAY)  5/23/17   6/5/17  6/12/17 $62.35 $63.83 $1.48 2.4% 65% $62.28 -2.4%
Dominion Resources Inc. (D)  5/17/17   6/2/17  6/9/17 $78.72 $78.93 $0.21 0.3% 62% $78.50 -0.5%
El Paso Electric (EE)  5/11/17   6/2/17  6/22/17 $52.30 $52.35 $0.05 0.1% 66% $52.23 -0.2%
Flextronics International Ltd (FLEX)  4/28/17   6/5/17  6/15/17 $15.92 $16.87 $0.95 6.0% 60% $15.71 -6.9%
Forward Air Corp (FWRD)  5/23/17   6/14/17  6/22/17 $51.40 $52.17 $0.77 1.5% 59% $50.99 -2.3%
Helen of Troy Ltd (HELE)  5/25/17   6/12/17  6/21/17 $90.05 $92.80 $2.75 3.1% 61% $89.39 -3.7%
Hershey Company, The (HSY)  5/11/17   5/26/17  6/22/17 $110.49 $110.52 $0.03 0.0% 57% $109.48 -0.9%
Hunt, J.B. (JBHT)  5/18/17   6/14/17  6/21/17 $86.04 $86.46 $0.42 0.5% 64% $85.82 -0.7%
Iconix Brand Group Inc. (ICON)  6/6/17   6/12/17  6/21/17 $6.29 $6.50 $0.21 3.3% 63% $6.25 -3.9%
Integrated Device Technology (IDTI)  5/18/17   6/9/17  6/12/17 $24.11 $24.84 $0.73 3.0% 61% $23.90 -3.8%
LSB Industries Inc (LXU)  4/17/17   4/28/17  5/31/17 $8.50 $10.23 $1.73 20.4% 63% $8.31 -18.8%
Martin Marietta Materials, Inc (MLM)  4/18/17   5/3/17  6/1/17 $222.35 $226.39 $4.04 1.8% 63% $220.94 -2.4%
Micron Technology (MU)  5/17/17   6/9/17  6/12/17 $29.21 $31.89 $2.68 9.2% 62% $28.93 -9.3%
PG and E (PCG)  5/17/17   6/2/17  6/13/17 $67.07 $68.81 $1.74 2.6% 63% $66.85 -2.8%
Plexus Corp (PLXS)  5/19/17   6/9/17  6/22/17 $50.84 $51.95 $1.11 2.2% 66% $50.81 -2.2%
Public Service Enterprise Group PEG (PEG)  5/10/17   6/2/17  6/13/17 $43.66 $43.67 $0.01 0.0% 64% $43.57 -0.2%
Standex International Corp (SXI)  6/7/17   6/12/17  6/22/17 $88.95 $90.50 $1.55 1.7% 61% $88.51 -2.2%
Surmodics, Inc (SRDX)  5/18/17   6/2/17  6/12/17 $24.05 $25.20 $1.15 4.8% 61% $23.80 -5.5%
Synopsys Inc (SNPS)  5/19/17   6/9/17  6/12/17 $73.05 $74.59 $1.54 2.1% 58% $72.54 -2.8%
Textron Inc (TXT)  5/18/17   5/26/17  6/8/17 $46.54 $45.37 -$1.17 -2.5% 64% $46.46 2.4%
Tuesday Morning Corp (TUES)  6/1/17   6/12/17  6/16/17 $1.80 $1.90 $0.10 5.6% 60% $1.76 -7.1%
Unum Group (UNM)  6/7/17   6/19/17  6/22/17 $45.03 $45.35 $0.32 0.7% 66% $45.01 -0.8%
V. F. Corp (VFC)  6/7/17   6/19/17  6/20/17 $54.50 $55.82 $1.32 2.4% 66% $54.48 -2.4%
Vulcan Materials (VMC)  4/13/17   5/10/17  5/17/17 $122.89 $129.34 $6.45 5.2% 62% $122.04 -5.6%
Zebra Technologies Corp (ZBRA)  5/18/17   6/9/17  6/15/17 $101.01 $105.08 $4.07 4.0% 65% $100.74 -4.1%
D. ETF Portfolio (ZBRA)  5/18/17   6/9/17  6/15/17 $101.01 $105.08 $4.07 4.0% 65% $100.74 -4.1%
DJ US consumer svcs index fnd (retail) (IYC)  5/17/17   6/2/17  6/16/17 $164.73 $164.77 $0.04 0.0% 67% $164.72 0.0%
SPDR Consumer Discretionary (XLY)  5/17/17   6/5/17  6/9/17 $89.56 $89.63 $0.07 0.1% 67% $89.55 -0.1%

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See Also

Written by and copyright © 2005-2017 by Thomas N. Bulkowski. All rights reserved. Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information. Two wrongs won't make a right, but three will get you back onto the freeway.