As of 07/10/2020
  Indus: 26,075 +369.21 +1.4%  
  Trans: 9,312 +172.05 +1.9%  
  Utils: 791 +17.12 +2.2%  
  Nasdaq: 10,617 +69.69 +0.7%  
  S&P 500: 3,185 +32.99 +1.0%  
YTD
-8.6%  
-14.6%  
-10.0%  
 +18.3%  
-1.4%  
  Targets    Overview: 06/30/2020  
  Down arrow24,000 or 27,800 by 07/15/2020
  Down arrow8,400 or 10,000 by 07/15/2020
  Up arrow825 or 700 by 07/15/2020
  Up arrow10,800 or 10,000 by 08/01/2020
  Down arrow2,900 or 3,300 by 07/15/2020
CPI (updated daily): Arrows on 7/10/20
As of 07/10/2020
  Indus: 26,075 +369.21 +1.4%  
  Trans: 9,312 +172.05 +1.9%  
  Utils: 791 +17.12 +2.2%  
  Nasdaq: 10,617 +69.69 +0.7%  
  S&P 500: 3,185 +32.99 +1.0%  
YTD
-8.6%  
-14.6%  
-10.0%  
 +18.3%  
-1.4%  
  Targets    Overview: 06/30/2020  
  Down arrow24,000 or 27,800 by 07/15/2020
  Down arrow8,400 or 10,000 by 07/15/2020
  Up arrow825 or 700 by 07/15/2020
  Up arrow10,800 or 10,000 by 08/01/2020
  Down arrow2,900 or 3,300 by 07/15/2020
CPI (updated daily): Arrows on 7/10/20

Bulkowski's Chart Pattern Failure Rank

 

This is a list of chart patterns that shows the performance rank of each formation by its failure rate. A chart pattern fails if price does not move more than 5% away from the breakout price before reversing trend (a 20% trend change). A rank of 1 (best) means the chart pattern has the smallest failure rate. N/A means the chart pattern uses a different method to gauge performance than the other chart patterns (usually the measure from the breakout to the swing high or swing low, not to the highest high or lowest low before a trend change). Thus, a performance comparison would be unfair and meaningless. For more information see the book Encyclopedia of Chart Patterns, Second Edition.

-- Thomas Bulkowski

Bull Market Chart Patterns

Chart PatternBreak even Failure
Rate Rank
GapsN/A
Measured Move Down N/A
Measured Move UpN/A
Flags, down breakout1
Flags, High and Tight, up breakout1
Broadening Wedges, Ascending, up breakout2
Bump-and-Run Reversal Bottoms, up breakout2
Head-and-Shoulders Tops, Complex, down breakout2
Head-and-Shoulders Tops, down breakout2
Pennants, down breakout2
Pennants, up breakout2
Bump-and-run Reversal Tops, down breakout3
Head-and-Shoulders Bottoms, up breakout3
Islands, Long, down breakout3
Diamond Bottoms, up breakout4
Diamond Tops, down breakout4
Double Bottoms, Eve & Adam, up breakout4
Double Bottoms, Eve & Eve, up breakout4
Flags, up breakout 4
Head-and-Shoulders Bottoms, Complex, up breakout 4
Scallops, Ascending and Inverted, up breakout4
Triple Bottoms, up breakout4
Cup-with-Handle, up breakout5
Double Bottoms, Adam & Adam, up breakout5
Double Bottoms, Adam & Eve, up breakout5
Horn Tops, down breakout5
Pipe Bottom, up breakout5
Rounding Bottoms, up breakout5
Three Rising Valleys, up breakout5
Broadening Wedges, Descending, up breakout6
Double Tops, Adam & Adam, down breakout6
Broadening Wedges, Descending, down breakout7
Triangles, Descending, up breakout7
Diamond Bottoms, down breakout8
Scallops, Inverted and Descending, down breakout8
Triple Tops, down breakout8
Wedges, Rising, up breakout8
Broadening Wedges, Ascending, down breakout9
Cup-with-Handle, Inverted, down breakout9
Double Tops, Eve & Eve, down breakout9
Horn Bottoms, up breakout9
Pipe Tops, down breakout9
Rectangles Tops, down breakout9
Rectangles Tops, up breakout9
Rounding Tops, up breakout9
Triangles, Ascending, down breakout9
Triangles, Symmetrical, up breakout9
Broadening Bottoms, up breakout10
Diamond Tops, up breakout10
Rectangles Bottoms, up breakout10
Rounding Tops, down breakout10
Scallops, Ascending, up breakout10
Three Falling Peaks, down breakout10
Broadening Formations, Right-Angled and Ascending, up breakout11
Double Tops, Eve & Adam, down breakout11
Islands, Long, up breakout11
Triangles, Symmetrical, down breakout11
Wedges, Falling, up breakout11
Broadening Formations, Right-Angled and Descending, down breakout12
Double Tops, Adam & Eve, down breakout12
Triangles, Ascending, up breakout12
Broadening Tops, up breakout13
Scallops, Descending, down breakout 13
Wedges, Falling, down breakout13
Broadening Bottoms, down breakout14
Islands Reversals, up breakout14
Triangles, Descending, down breakout 14
Broadening Formations, Right-Angled and Descending, up breakout15
Islands Reversals, down breakout15
Rectangles Bottoms, down breakout 15
Broadening Tops, down breakout16
Scallops, Descending, up breakout16
Broadening Formations, Right-Angled and Ascending, down breakout17
Wedges, Rising, down breakout18
Scallops, Ascending, down breakout 19

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See Also

 

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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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