As of 09/18/2025   Indus: 46,142 +124.10 +0.3%     Trans: 15,642 +139.97 +0.9%     Utils: 1,085 -0.50 0.0%     Nasdaq: 22,471 +209.39 +0.9%     S&P 500: 6,632 +31.61 +0.5%	YTD  +8.5%   -1.6%    +10.5%    +16.4%    +12.8%	Targets    Overview: 09/15/2025     46,700 or 44,700 by 10/01/2025   16,700 or 15,200 by 10/01/2025   1,150 or 1,050 by 10/01/2025   22,700 or 21,400 by 10/01/2025   6,750 or 6,400 by 10/01/2025
Chart Pattern Indicator: on 9/18/25

As of 09/18/2025   Indus: 46,142 +124.10 +0.3%     Trans: 15,642 +139.97 +0.9%     Utils: 1,085 -0.50 0.0%     Nasdaq: 22,471 +209.39 +0.9%     S&P 500: 6,632 +31.61 +0.5%	YTD  +8.5%   -1.6%    +10.5%    +16.4%    +12.8%
Targets    Overview: 09/15/2025     46,700 or 44,700 by 10/01/2025   16,700 or 15,200 by 10/01/2025   1,150 or 1,050 by 10/01/2025   22,700 or 21,400 by 10/01/2025   6,750 or 6,400 by 10/01/2025
Chart Pattern Indicator: on 9/18/25

Saturday-Sunday 8/30/25. Book Quiz

Question 1: Do you have traits common to self-made millionaires?

Answer true or false to each statement.

• I have a higher tolerance for risk than most people.
• I am emotionally stable.
• I am open to new experiences.
• I am an extravert.
• I am conscientious.

Score one point for each true response and zero for each false answer. Total your score. Answers are below or you can buy a copy of Bulkowski’s book, Invest for Two-Comma Wealth (#ad), which discusses millionaire traits.

Question 2: Man Seeking Woman?

Men are more than twice as likely to be savers as spenders. You’re in college looking for a lifetime mate who is also a saver. Which of the following majors means she’s more likely a saver? Select all that apply.

1. Biochemistry
2. Communications
3. Computer science
4. Engineering
5. Humanities
6. Social work

Chapter 5 discusses savers versus spenders. Women tend to be evenly split between being savers and spenders. The good news is that savers tend to outnumber spenders by two to one, so your chances of finding a mate who is also a saver is good.

Question 3: Is gold an inflation hedge?

Gold is supposed to be an inflation hedge, meaning its value rises faster than inflation. Of the three choices below, which is the best inflation hedge?

1. Housing
2. Gold
3. S&P 500 index (stocks)

Question 4: Retirement Money Left?

At age 65 you invest $1 million at the start of 2001 in the Nasdaq composite (the stock market). Each year, you withdraw $60,000 to live on (withdrawals increase as inflation rises). In which year will you have no money left?

1. 2013
2. 2014
3. 2016
4. 2021
5. As of 2025, you still have money left.

Often the question is phrased differently: How much money do I need to last through retirement? Answering that involves many variables, but Invest for Two-Comma Wealth describes a good guideline.

About Invest for Two-Comma Wealth

The book is an entry-level, fun-to-read, and comprehensive guide (300 pages) to selecting the best investments to grow your net worth. Each lesson is highlighted by bullet points for easy reference. The book discusses the answers to this quiz and delves into the following topics.

• Annuities
• Bonds
• Cash
• Certificates of deposit
• Cryptocurrencies
• Housing
• Initial public offerings
• Meme stocks
• Precious metals
• Retirement accounts
• Scams
• Stocks

Answers

Question 1: The closer your total is to five, the more traits you share with self-made millionaires.

Question 2: Correct answers are 1, 3, and 4. Score one point for each correct answer and subtract one point for each wrong answer.

Question 3: Housing beats inflation 26% of the time, gold won 50% of the time, but stocks were the big winner by outpacing inflation 70% of the time. Score one point if you picked the correct answer, 3, stocks.

Question 4: Not including reinvested dividends, the Nasdaq took a 21% hit in 2001, lost almost 32% in 2002, and lost more than 40% in 2008. The correct answer is 1, 2013. At 65, you were a millionaire. At 78, you’re broke. If you picked 1, then score one point.

Total the scores for all questions. A perfect score is ten.

Buy This Book

If knowledge is a key ingredient to acquiring wealth, then this book is for you. Use the information in this book to invest for the long term and discover that one day you’ve joined the two-comma club ($,000,000). The book makes a unique gift for recent graduates, people nearing retirement, and anyone in between who desires to be financially secure.

Buy a copy of Invest for Two-Comma Wealth and start building your net worth today.

-- Thomas Bulkowski

Friday 8/29/25. Pattern Trading Setups for the Weekend.

Here's a symbol list of 159 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, AYI, ADBE, AEIS, AMD, ALRM, AEO, AEP, AR, APOG, ATR, ANET, ADSK, AVY, AVA, BALL, BAX, BBY, BIIB, BKH, BAH, BRC, BR, BBW, CACI, CPB, CE, CLS, CNC, CLX, CTSH, ED, CXW, FANG, D, EXP, EVRG, EZPW, FFIV, FTV, FWRD, FNV, FRD, GAP, GE, GNW, GGG, HLIT, HELE, HOLX, HOV, JBHT, HURC, ILMN, TILE, JAZZ, JBLU, KALU, KELYA, KMB, LEN, LPLA, MGY, MLM, MAS, MTDR, MDT, MGEE, MSFT, MLKN, MYGN, NFLX, NTGR, NTAP, NUS, OXM, PATK, PCTY, PFE, POR, PFG, PG, PRU, PEG, PSTG, QTWO, QCOM, RMBS, RRC, RGS, ROG, RGLD, SBH, SMG, SEIC, SRE, SMTC, SHW, SKYW, SPSC, SSYS, TECH, TEVA, TXN, TXT, MZTI, TTD, RIG, TG, TREX, UHAL, UPS, VFC, VC, WSO, WERN, WEX, ZBRA, IYE, IDU, QTEC, FXL, IXC, ILF, IGE, IHI, EWA, EWZ, EWY, EWT, PXJ, ROBO, XLP, XLE, GLD, XLU, UNG, 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.

$ $ $

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)

Thursday 8/28/25. Intraday Market Direction: Nasdaq

$ $ $

I show a picture of the Nasdaq composite on the 5-minute scale. Bigcharts wasn't big enough so it disappeared from the Internet forcing me to switch to yahoo.

This is a 5-day chart. At A is a chart pattern called a right-angled and ascending broadening formation (or some combination of those words). The top of the pattern (shown in green) slopes upward while the bottom is flat.

This picture is flawed because I like to see three trendline touches of the bottom trendline and there are only two. The first one on the left, where the green line begins, doesn't count. Touches need to be minor highs or lows.

B, in red, is the usual trendline showing price rising from day to day. I don't see anything that would force the index to drop except that it's near overhead resistance setup by the green pattern's top. Yes, the top of B is above the top of A but not by enough to overcome resistance, in my opinion.

As always, political machinations will throw the markets around.

$ $ $

Here's a symbol list of 106 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABM, AEIS, AMD, ALB, DOX, AMN, ASH, BMI, BALL, BAX, BKH, BSX, BRC, BFH, CAL, CE, CI, COTY, CSGS, CMI, DVN, EMN, EBAY, EPAM, EQT, EZPW, FAST, FLEX, FORM, FWRD, FNV, GGG, HLIT, HE, HP, HOV, HUN, IDXX, ITW, ILMN, INTC, IPAR, KSS, LHX, LRCX, LAMR, LPLA, MHO, M, MAS, MTDR, MUR, NOV, NTAP, NWL, NOC, OXY, OGE, OMCL, ASGN, PCTY, PETS, PHM, QCOM, RLI, ROL, CRM, SLB, SMTC, SSYS, TECH, TEVA, RIG, TG, WSC, ZBRA, IYE, IHE, QQQ, IXC, IYF, EWZ, EWG, EWI, EWM, EWS, EWP, THD, QLD, DBA, PBE, PXJ, XLE, XLF, 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)

Wednesday 8/27/25. A Look at the Chart Pattern Indicator (CPI)

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 bullish with a reading of 82.5, where anything above 65 is bullish (below 35 is bearish and in between 35 and 65 is neutral). The vertical green bar on the far right of the chart shows the signal change.

The CPI blue line in the square inset better shows the indicator. It has been rising since the start of August in a series of stair-step movements upward.

We are currently in a slight dip, but as the inset shows, the prior dip showed a recovery.

The inset suggests a resumption of the upward move in the indicator but it's near its high of 100. With tariffs costs being passed on, I expect a downturn in the markets. I don't know when that will happen, though.

$ $ $

Here's a symbol list of 105 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AMD, AES, AXP, AFG, AMN, ADM, AWI, BKH, BAH, BSX, BRC, BBW, BLDR, CE, CNP, CDAY, CHKP, CLNE, CLX, CAG, CRH, D, EVH, EZPW, FFIV, FDS, FLEX, FWRD, FNV, FDP, FRD, GFS, GS, HLIT, HL, HP, HNI, HON, HOV, ILMN, IBKR, IPG, JAZZ, KALU, KSS, LPLA, MTSI, M, MS, ^IXIC, NFLX, NI, NWPX, PATK, PCTY, PYPL, PFG, PHM, KWR, QCOM, ROK, RCKY, ROG, ROL, R, ^GSPC, SMTC, SCI, SCS, SSYS, TEVA, MZTI, TG, UNH, VFC, V, ZBRA, IAI, IYK, IDU, FDN, QTEC, QQQ, IHF, IAT, MXI, IYF, EWA, EWO, EWC, EIS, SSO, XLP, XLF, SPY, XLU. 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)

Tuesday 8/26/25. Slider Trading Quiz!

$ $ $

I show another slider trading quiz featuring Surmodics: SRDX (ver 2). stock.

$ $ $

Here's a symbol list of 110 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ADBE, AKAM, ALKS, DOX, AMGN, AMN, ADSK, AZTA, BCPC, BKH, BRC, BFH, BMY, BRKR, CLS, CDAY, CF, CHKP, CINF, CSCO, CGNX, CAG, COTY, CCRN, CTS, XRAY, DVN, DDS, DTE, EL, EG, EXPI, EZPW, FFIV, FAST, FMC, FNV, FRD, GAP, IT, GMS, HLIT, HURC, INCY, KLAC, LH, LAMR, LLY, LPLA, MGY, MRTN, MU, MCO, NTAP, NWL, NKE, NI, NOC, PEG, DGX, RCKY, ROL, SLB, SMG, SEIC, TECH, TDY, TEVA, MZTI, TDG, TZOO, TG, UNH, VRSN, WEX, WMB, IYE, IHE, BOTZ, IYH, IHF, IXC, MXI, IGE, EWO, EWK, EWG, EIS, TUR, IBB, DBA, PBE, PEJ, PJP, XLE, USO. 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)

Monday 8/25/25. Market Monday: The Week Ahead

• My Prediction
• A Brief Look Back
• Options Expiration
• Swing Traders: Pivot Points
• Earnings, Chart Patterns & Industries

My Prediction

This is a chart of the Dow utility index.

There's not a lot to say about the index. I drew two red lines which hug price along the peaks and along the valleys.

Above the green line, at A, the index has formed a channel. Notice that the index is brushing against the bottom trendline.

What does that mean? Often price bounces off the trendlines, which is why the lines form a channel. So it stands to reason that the index will bounce higher.

However, there is a chance that the index will pierce the bottom trendline and head lower. I think that if the FED cuts interest rates, it will be helpful for utilities which have lots of debt to finance.

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.

For the Week...

Year to Date...

Options Expiration

No options expire this week.

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.

• Seekinger doesn't look at the range of S2 to R2 as support and resistance levels. Rather, he considers them oversold (S) and overbought (R) areas.
• S2 to R2 range of values across daily, weekly, and monthly periods: If two values are close together then they lend more significance to the area.
• If the market trends on day 1, the odds rise tremendously that the market will be range bound between daily S1 and daily R1 the next day.
• In a quiet market when traders are waiting for an important earnings announcement or economic report, look for daily R1 and S1 levels to hold and for the market to return to the daily pivot.
• A move outside of daily R1 or S1 usually does not mean a breakout.
• The odds suggest that the entire week's price action will remain between weekly R2 and S2.
• Avoid going long when the market moves above weekly R2 (it's overbought) and avoid going short when price moves below weekly S2 (oversold).
• Consider going short at weekly R1 or long at weekly S1 with a profit objective of the weekly pivot.
• Consider going long at weekly S2 or short at weekly R2 with a profit objective of weekly S1 or R1, respectively.

Here are the formulas:

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 164 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ABM, ACIW, ADBE, ADTN, AES, A, APD, AKAM, AA, AXP, AIG, AMGN, AMN, ANIK, ATO, AVY, AZTA, BKH, BRC, BMY, BRKR, CBT, CDNS, CPB, CLS, CNC, CNP, CDAY, CINF, CSCO, CTSH, CAG, CSGP, CCRN, CTS, XRAY, DDS, DTE, EL, EG, XOM, EZPW, FICO, FAST, FDX, FMC, FNV, FDP, FRD, GE, GILD, GPN, GMS, HP, HSIC, HON, HWM, INCY, IIIN, IPAR, INTU, JAZZ, JBLU, KALU, KELYA, LHX, LAMR, LEN, LLY, M, MA, MGEE, MUR, NTGR, NTAP, NJR, NWL, NI, NOC, NUS, ORI, OMC, ON, PAYX, PFE, PLXS, PINC, PRU, PEG, QCOM, DGX, RGS, RES, ^GSPC, SCHW, SEE, TECH, TEVA, TXT, UHAL, VFC, VRSN, V, VMC, WMT, WLK, WMB, WDAY, ITA, IAI, IYE, IHE, QTEC, FXI, BOTZ, ICF, IEV, IXC, MXI, IGE, IYF, IHI, EWK, EWG, EIS, EWJ, EWM, EWW, EWS, EZA, EWD, THD, EWU, DBA, PEJ, PXJ, PJP, ROBO, XLE, XLF, XLB. 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.

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

Friday 8/22/25. Pattern Trading Setups for the Weekend.

Here's a symbol list of 97 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ADBE, ADTN, AMD, AFL, AKAM, ALK, ALKS, DOX, AMGN, AMN, APA, ARCB, ATO, AZTA, BALL, BSET, BIIB, BKH, BA, BRKR, CDNS, CAL, CLS, CDAY, CSCO, CLX, CTSH, CL, COTY, CCRN, XRAY, DSGR, ELV, EL, EZPW, FMC, FNV, GE, GIS, HELE, HON, DHI, HUBG, HURC, INTC, TILE, JAZZ, KFRC, KLIC, LAMR, LLY, LPLA, MTSI, MU, MLKN, ^IXIC, NOV, NTAP, NWPX, ORI, OMCL, OR, PEN, PFE, PLXS, PEG, RGS, SAIA, SIGI, SWX, TECH, TSCO, RIG, WSO, WU, WSC, IEZ, IHE, IXN, SOXX, IGE, EWJ, EWW, TUR, PXJ, ROBO, XLK, SMH, 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.

$ $ $

I updated a study which answers this question: Do ugly patterns outperform good looking ones? Yes. Read the article.

$ $ $

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)

Thursday 8/21/25. Intraday Market Direction: Nasdaq

$ $ $

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

Notice how the index formed a channel, which I show as two parallel red lines. What bothers me is that the channel sloped down and the breakout was also down.

As you can see, the index tumbled from A to B. Maybe that's a lesson: A downward breakout from a down-sloping channel should be feared.

The devastation ended after B, as the index rebounded.

I'm tempted to write that the up-move is a good sign and it is, but with the effects of tariffs coming onto store shelves and more and more companies saying they are going to pass on the higher costs, then the economic numbers won't be pleasant. And that's going to cause the market heartburn. Be prepared for the approaching turbulence.

$ $ $

Here's a symbol list of 136 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ADBE, AEIS, AES, AKAM, ALK, ALKS, ALGT, DOX, AEP, AXP, AFG, AIG, AMGN, AMN, ARCB, AIZ, ATO, AZTA, BKH, BAH, BRC, BRKR, CALM, CPB, CLS, COR, CNP, CDAY, CIEN, CSCO, COTY, CCRN, CSGS, XRAY, FANG, DSGR, ^DJT, ELV, EL, EVH, EZPW, FAST, FIVN, FMC, GD, GES, HIG, HE, HON, DHI, HUBG, HURC, IIIN, TILE, JAZZ, KEYS, KFRC, LAMR, LLY, L, MANH, MTRX, MLKN, MCO, ^IXIC, NTAP, NKE, NWPX, OMC, ON, OTEX, PKE, PYPL, PEN, PSTG, QCOM, RJF, SCHW, SMG, SHOP, SWX, SRDX, TECH, TFX, TDC, TJX, TSCO, RIG, TRV, TREX, TWLO, WSO, WPM, WSC, WWW, ZBRA, IYK, IHE, FTEC, QTEC, FXL, BOTZ, IEV, IGV, MXI, IXN, IHI, EWK, EWZ, EIS, EWS, EWY, EWL, EWT, TUR, EWU, IBB, DBA, XLP, GLD, XLK, UNG, 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 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)

Wednesday 8/20/25. A Look at the Chart Pattern Indicator (CPI)

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 most recent signal is bullish with a reading of 72.4. That reading can change for up to a week, so what appears bullish today could be bearish tomorrow. A signal change happens often, especially when the market makes a big move. That big move convinces NR7 pattern waiting on the sidelines to breakout. A collection of those breakouts changes the CPI value, sometime dramatically.

The inset shows the indicator. It's heading up now so expect the general market to continue rising.

$ $ $

Here's a symbol list of 131 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ADBE, AMD, AES, AKAM, ALK, AEP, AMGN, AMN, ANIK, ARCB, AVA, AXS, AZTA, BBY, BKH, BRKR, BBW, CE, CLS, COR, CDAY, CINF, CSCO, CXW, COTY, CCRN, CCK, XRAY, DSGR, BOOM, EOG, EL, EVRG, EVH, EXPD, EZPW, FDS, FAST, FIVN, FMC, FTNT, GOOGL, HE, HQY, HSIC, IDA, INTC, IPAR, IBKR, JAZZ, JBLU, JNJ, KEYS, LH, LAMR, LDOS, LLY, L, LOW, MGY, MANH, MRCY, META, NKE, NI, NTNX, NVDA, OGE, OMC, ON, OTEX, ORCL, PANW, PYPL, PSTG, QCOM, REGN, RLI, RGLD, SMG, SRE, SMTC, SCI, SWX, TECH, TDY, TFX, TDC, TER, TEVA, RIG, TREX, WMT, ITA, IHE, FTEC, FDN, QTEC, ICF, IYH, IEV, IGV, SOXX, IHI, EWO, EWK, EWG, EIS, EWI, EWM, EZA, EWY, EWL, THD, TUR, DBA, PJP, XLP, XLV, XAR, UNG, 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.

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

Tuesday 8/19/25. Slider Trading Quiz!

$ $ $

I show another slider trading quiz featuring Swift Transportation: SWFT stock.

$ $ $

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: DDD, ABM, ACIW, AEIS, AFL, APD, ALB, AEE, ANIK, AR, ATR, AGO, AVY, BALL, BZH, BIIB, BKH, BKNG, CACI, CPB, CNC, CENX, CRL, CINF, CSCO, CNO, CNX, CL, ED, CAG, COP, DUK, ECL, EXPI, EZPW, FAST, GPN, GOOGL, GES, HIG, HOLX, JBHT, NSP, INTC, KBH, KELYA, KLIC, L, MGY, MANH, MKTX, MAS, MRK, MLKN, MCO, MUR, NTGR, NTAP, NOVT, NUS, OGE, ORI, PAYX, PEN, PFE, PINC, PGR, QCOM, REGN, RNG, RCKY, RES, ^GSPC, SEE, SCCO, SWX, SR, SCS, SNPS, TRGP, TEVA, TSCO, TREX, UIS, VRTX, VC, VMC, WERN, WEX, WPM, WMB, WSM, WDAY, IAI, IYC, IHE, FXI, ICF, IYH, IHF, EWK, EEM, EWH, EIS, EWT, THD, PJP, GLD, XRT, 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)

Monday 8/18/25. Market Monday: The Week Ahead

• My Prediction
• A Brief Look Back
• Options Expiration
• Swing Traders: Pivot Points
• Earnings, Chart Patterns & Industries

My Prediction

This is a chart of the S & P 500 index on the daily scale.

I don't have a lot to say about this chart. I drew a curving trendline to follow the price movement.

The index hasn't had a significant retrace in months so it's possible a retrace is coming. When? I don't know. Uptrends surprise me at how low they can last.

Until we see a significant downturn, let's enjoy the ride upward.

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.

For the Week...

Year to Date...

Options Expiration

No options expire this week.

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.

• Seekinger doesn't look at the range of S2 to R2 as support and resistance levels. Rather, he considers them oversold (S) and overbought (R) areas.
• S2 to R2 range of values across daily, weekly, and monthly periods: If two values are close together then they lend more significance to the area.
• If the market trends on day 1, the odds rise tremendously that the market will be range bound between daily S1 and daily R1 the next day.
• In a quiet market when traders are waiting for an important earnings announcement or economic report, look for daily R1 and S1 levels to hold and for the market to return to the daily pivot.
• A move outside of daily R1 or S1 usually does not mean a breakout.
• The odds suggest that the entire week's price action will remain between weekly R2 and S2.
• Avoid going long when the market moves above weekly R2 (it's overbought) and avoid going short when price moves below weekly S2 (oversold).
• Consider going short at weekly R1 or long at weekly S1 with a profit objective of the weekly pivot.
• Consider going long at weekly S2 or short at weekly R2 with a profit objective of weekly S1 or R1, respectively.

Here are the formulas:

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 193 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ABM, ACIW, ADBE, AEIS, AFL, APD, ALB, ALKS, ALL, AEO, AXP, AIG, AR, AMAT, ANET, AGO, AVY, AVNT, AVA, BZH, BIIB, BMRN, BKH, BKNG, BOOT, BBW, BLDR, CACI, CLS, CNC, CENX, CRL, CHKP, CIEN, CI, CINF, CSCO, CNO, ED, CAG, COTY, CROX, DDS, DSGR, EBAY, EIX, ELV, EG, EZPW, FFIV, FDX, FRD, GAP, IT, GD, GPN, GMS, GS, GFF, GES, THG, HIG, HELE, HSY, HUM, JBHT, NSP, PODD, INTC, ISRG, JBLU, K, KELYA, KMT, KLIC, LAMR, LEN, LLY, L, M, MAS, MA, MRCY, MLKN, MCO, MS, MYGN, NTGR, NTAP, NWL, NOC, OGE, ORI, OLN, OMC, ON, PFE, PCG, PFG, PGR, PRU, KWR, RJF, RNG, RLI, RCKY, ^GSPC, SEIC, SMTC, SCCO, SCS, SRDX, SNPS, TDC, TXT, TMO, RIG, TRV, TG, TREX, UGI, UNH, VFC, VC, VMC, WRB, WERN, WEX, WSM, IYM, IHE, FXI, IYH, IHF, IAT, IYZ, IEV, IXN, ILF, IGE, IYF, ITB, IHI, EWO, EWK, EWZ, EWC, ECH, EWQ, EWG, EWI, EWM, EWY, EWP, EWD, EWL, EWT, THD, PJP, ROBO, XLF, XLV, XHB, XRT, UNG, VHT, VAW, 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.

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

Friday 8/15/25. Pattern Trading Setups for the Weekend.

Here's a symbol list of 81 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ANF, ABM, ACIW, AEIS, AES, AFL, ALB, AMZN, AR, AON, AMAT, ANET, AGO, ATO, AVA, BSET, BZH, BKH, CACI, CLS, CX, COR, CNP, CTAS, CSCO, CNO, CR, DDS, DUK, EME, EXPD, EZPW, FLEX, FDP, GPN, GMS, GS, HQY, HP, NSP, INTC, ISRG, KELYA, KLIC, MKTX, MA, MRCY, MGEE, MLKN, MS, NTGR, NTAP, OGE, ORI, PFE, RGS, RNG, ROL, SCCO, TEVA, TXN, TDG, WMT, IHF, IEV, IYF, EWK, EWQ, EWG, EZA, EWP, TUR, EWU, GLD, SPY, 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.

$ $ $

Because of the size of this file, it came out in pieces that I glued back together, so you may notice some inconsistencies.

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)