As of 12/26/2024   Indus: 43,326 +28.77 +0.1%     Trans: 16,104 +40.79 +0.3%     Utils: 992 -1.47 -0.1%     Nasdaq: 20,020 -10.77 -0.1%     S&P 500: 6,038 -2.45 0.0%	YTD  +15.0%    +1.3%    +12.5%    +33.4%    +26.6%	Targets    Overview: 12/12/2024     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/24/24

As of 12/26/2024   Indus: 43,326 +28.77 +0.1%     Trans: 16,104 +40.79 +0.3%     Utils: 992 -1.47 -0.1%     Nasdaq: 20,020 -10.77 -0.1%     S&P 500: 6,038 -2.45 0.0%	YTD  +15.0%    +1.3%    +12.5%    +33.4%    +26.6%
Targets    Overview: 12/12/2024     44,200 or 41,750 by 01/01/2025   16,700 or 15,500 by 01/15/2025   1,050 or 975 by 01/01/2025   20,500 or 19,300 by 01/01/2025   6,100 or 5,775 by 01/01/2025
Chart Pattern Indicator: on 12/24/24

Monday 1/31/22. Market Monday: The Week Ahead

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

My Prediction

I show the Nasdaq composite on the daily scale.

At AB, there's a small double bottom which confirms as a valid pattern when the index closes above the top of the pattern. I show that as line C.

In this case, the upward move faltered and the index tumbled. The double bottom failed.

More recently, the index has found a bottom -- I think. My expectation and hope is that the index will recover by following the blue line. It won't be as steep as the line suggests, but maybe I've gotten the direction right (upward).

$ $ $

I finished converting my website to a secure site: https versus http. If you have links to the website with only http:, change it to https: and you'll get in faster (but I doubt you'll notice the difference).

If you find any broken links or pages which don't load properly, please let me know. Email me at

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 94 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACIW, AEL, AXP, AMN, APOG, AAPL, ATR, ARW, AVNT, AVA, BECN, BBBY, BERY, BIO, BOOT, BAH, EPAY, BLDR, BG, CX, CNP, CENX, CTXS, COTY, CCRN, CSGS, DECK, D, DOV, FICO, FAST, FE, FLS, FORM, FCX, GNW, THG, HE, HL, NSP, IVC, KALU, KBH, KSS, LEG, MAN, MRK, MS, MOS, MYGN, NI, OGE, OMI, OXM, PCG, PICO, PNW, RL, SCHW, SRE, NOW, SKX, SCCO, TJX, SLCA, VRSN, VRTX, V, WLK, WEX, XEL, IAI, IHE, FXI, SOXX, SLV, EWK, EWH, EWM, EPP, TUR, DBA, XLP, XLV, XLK, XLU, UNG. Clink 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

Friday 1/28/22. Pattern Trading Setups for the Weekend.

Here's a symbol list of 71 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ADTN, AEL, ABC, ADM, AIZ, ADP, BAX, BECN, BIG, CACI, CAL, CLS, CONN, COST, CTS, DHR, EIX, EZPW, FAST, FORM, FCX, GME, GNW, GILD, HBI, HQY, HTLD, HL, HSII, HSIC, HNI, INCY, NSP, INTC, IPG, IVC, JBLU, KALU, KBH, KSS, LH, LAWS, LDOS, M, MOS, NFLX, OMC, PRFT, PCG, PEG, PHM, RCKY, SLB, SCHW, SAIC, NOW, SCCO, SR, TPX, TER, SLCA, WLK, WSM, WWW, FXI, EWJ, EPP, EWY, GLD, XLU. Clink 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

Thursday 1/27/22. Intraday Market Direction: Nasdaq

Since I post this the night before, check how the futures are trading before market open. Large moves can affect the opening direction.

$ $ $

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

I like trendlines because they describe how price has moved and give hints of what will happen.

This chart is an example of that idea. The blue line shows the longer-term trend (although on this scale, it's very short term). The index tried to pierce it at point A, but failed to do so.

The red line shows a recovery. Everything was fine until the FED made their announcement. My view is that the market would shrug off their words and climb. Instead, the index dropped. I still believe their worry is overblown, so I'm still thinking that this is a buying opportunity (I bought 2 securities and may buy another tomorrow). I expect a recovery. The above probabilities (57% close higher) support that belief.

$ $ $

Here's a symbol list of 160 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ABT, ACN, ACIW, AYI, APD, DOX, AEE, AEL, AFG, APOG, AWI, ARW, ASH, ADP, AVNT, BZH, BERY, BIG, BIO, BIIB, BMRN, BA, CBT, CAL, CPB, CNC, CENX, CHS, CSCO, CLF, CTSH, CL, CMCO, CONN, GLW, CSGS, DECK, ^DJU, ^DJI, BOOM, EZPW, FFIV, FAST, FIS, FCX, GE, GPRO, GES, HBI, HE, HTLD, HL, HSII, HNI, HD, HON, DHI, NSP, ITGR, IPAR, TILE, IVC, JNJ, KALU, KBH, KBAL, KSS, LHX, LZB, LAMR, LEG, MHO, M, MAN, MCHX, MAS, FB, MGEE, MOS, NTAP, NEU, NKE, OMC, OUT, OXM, PAYX, PRFT, PFE, PCG, PNW, POR, PPL, PHM, KWR, RL, RCKY, ROST, SMG, SCCO, SCS, SRDX, TPR, TDOC, TPX, TKR, TOL, SLCA, UPS, VLO, WLK, WMB, WSM, WWW, ITA, IYM, FXI, BOTZ, ICF, IYH, IYZ, ECH, EEM, EWJ, EPP, EWS, EZA, EWY, EWT, THD, TUR, PPA, PBE, XLY, XLP, XLI, XLB, XRT, XAR, UNG, USO, VHT, VIS, VAW. Clink 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

Wednesday 1/26/22. A Look At Indicators

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.

In my view, this drop is well oversold (meaning it's time or nearly time to buy). Maybe after tomorrow's (Wednesday's) FED meeting the markets will settle down. So if I had cash to put into the market, I'd be buying. To put it another way, I think the markets will rebound and two years from now, you'll wish you'd bought. That's called buy-the-dip.

This chart is bearish. The index has made a swift drop and the CPI signaled a bearish turn soon after it happened (the red vertical bar on the far right of the chart). Good timing on that signal. However, both the CPI and index are still bearish. I will say that the indices seem to be turning or trying to turn. It's fighting to find a bottom. If I had to guess, I think we put in the low yesterday (Monday). I DO expect the markets to make a big rally tomorrow after the FED meeting. That's a guess, of course.

The red line is the percentage of stocks at least 20% below their 1-year high (plotted upside down). The blue line is the average percentage drop of stocks below their 1-year high (plotted upside down).

Both the blue and red lines are bearish this week compared to a week ago. No surprise there. I'm still struck by how the red line has been trending lower for months (most of the chart, really) even as the index has climbed.

That's profound bearish divergence.

This week, we have two bearish charts and yet I expect a big rally. You don't see hints of a bullish turn on the charts and world events (covid, inflation, Russia/Ukraine) will continue to make the markets volatile. In my view, when things look bleak and you feel like selling everything, that's the time to buy. I may follow my own advice and buy some QQQs other ETF. I won't be buying individual stocks because of the risk of them making a huge decline (often due to earnings). But the QQQs have made a nice drop, so it's like buying it on sale and the diversified nature of the ETF means you don't suffer as much from single-stock risk.

$ $ $

Here's a symbol list of 89 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AXDX, ADTN, AJRD, AEL, APA, APOG, ARW, BBBY, BOOT, BAH, CENX, CHKP, CHD, CL, CMTL, CONN, COP, CSGS, CTS, XRAY, DVN, BOOM, FAST, FCX, GPS, GL, HP, HON, NSP, IPAR, IBKR, KALU, KBH, KSS, LZB, LAWS, LEG, LMT, LXU, MAN, MRO, MOS, MUR, NBR, NOV, OXY, ORI, OMC, PKE, PDCO, PTEN, PETS, PCG, RGS, REV, RLI, RES, SLB, SMG, SEE, SCCO, SCS, SRDX, RIG, SLCA, VLO, WLK, IEO, IEZ, IHE, IGE, EWM, EZA, PXJ, IXC, XLP. Clink 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

Tuesday 1/25/22. Slider Trading Quiz!

$ $ $

I show another slider trading quiz featuring Guess: GES.

$ $ $

Here's a symbol list of 170 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, ANF, ACIW, AMD, ALK, ALB, ALKS, AEE, AXP, AWI, ARW, ATO, BECN, BERY, BIG, BKH, BAH, BRC, BMY, BBW, CBT, CAL, CX, CNC, CENX, CRL, CHKP, CHD, CSCO, CTXS, CLF, CLX, CTSH, ED, CONN, CR, CRH, CTS, CW, DHR, DECK, XRAY, DDS, DUK, EQT, EXC, FICO, FAST, FOE, FMC, FORM, FCX, GNW, GS, GPRO, THG, HLIT, HE, HTLD, HL, HNI, HON, JBHT, IDA, IEX, ILMN, INCY, NSP, IIIN, IBKR, JKHY, JBLU, JNJ, KFRC, KMB, KSS, LZB, LNC, LMT, LXU, M, MCHX, MAS, MTRX, MRK, MGEE, MYGN, CNR, NCR, NEE, JWN, NOC, ORI, OMC, OTEX, PKG, PKE, PDCO, PAYX, PYPL, PFE, PCG, PICO, PEG, PHM, RLI, RCKY, RES, SEE, SLGN, SO, SCCO, SWN, SRDX, TEVA, TMO, TJX, TRV, UGI, VEEV, VRTX, WRB, XEL, ZBRA, IEZ, IHE, IDU, BOTZ, IYH, EWA, EWO, EWK, EWC, EWQ, EWG, EIS, EWI, EWJ, EWM, EWW, EPP, EWY, EWP, EWD, EWL, TUR, EWU, IEV, MXI, XLP. Clink 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

Monday 1/24/22. Market Monday: The Week Ahead

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

My Prediction

There's not a lot to say about the chart you see here. It's a picture of the Dow industrials on the daily scale.

I drew two trendlines, the first one on the bottom. It ends at A, today's (Friday's) low price. It suggests the index will turn upward here because of trendline support.

However, we have to factor in world events. Russia is poised to invade Ukraine and I expect that will happen. If it does, the indices will suffer, at least for a short time (days, not weeks).

We are still struggling with Covid and inflation, rising interest rates and other things which don't come to mind as I write this.

The top trendline isn't important because, at least for what's shown, it only connects 2 peaks.

So let's wait and see if the index turns 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 142 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ADTN, APD, AMZN, AMED, AEE, AXP, ABC, ANTM, APA, APOG, AWI, ADSK, AVA, BBBY, BERY, BBY, BIG, BKNG, BMY, BBW, CBT, CAL, CLS, CNC, CNP, CENX, CHKP, CSCO, CLNE, CLF, CTSH, CR, CRH, CTS, CW, DECK, DVN, EXP, EQT, EXC, FICO, FDX, FOE, FORM, FTNT, FCX, GPN, GL, GS, HLIT, HL, HSIC, HNI, HURC, INFN, IIIN, IBKR, IPG, ISRG, JBLU, KFRC, KSS, LDOS, LMT, LXU, M, MRO, MCHX, MAS, MRK, MOS, MUR, MYGN, NFLX, NJR, NEE, JWN, NWPX, OMC, PAYX, PYPL, PRFT, PFE, PFG, PRU, RJF, RLI, RES, SLB, SEIC, SWN, SUM, TJX, TZOO, SLCA, UNM, WRB, WMT, WLK, IYM, IAI, IYC, IEO, FDN, BOTZ, ICF, IAT, EWA, EWO, EWK, EWC, ECH, EWQ, EWG, EIS, EWI, EWP, EWD, EWT, PPA, ROBO, IEV, MXI, XLI, XLB, VAW. Clink 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

Friday 1/21/22. Pattern Trading Setups for the Weekend.

$ $ $

Here's a symbol list of 135 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AXDX, ADBE, AA, ALKS, AXP, AFG, APH, ANTM, APOG, ADSK, BCPC, BECN, BERY, BBY, BIG, BKH, BA, BOOT, BRC, BBW, CAL, CLS, CHKP, CLF, CONN, GLW, COST, CRH, CTS, CMI, DECK, D, DTE, EBAY, EQT, RE, FICO, FAST, FIVN, FLS, GS, EVRG, HTLD, HL, HELE, HNI, DHI, NSP, IBP, IIIN, INTC, IPG, JKHY, KELYA, KFRC, KSS, LZB, LDOS, LEN, LMT, LXU, M, MCHX, MAS, MDC, FB, MGEE, MS, MYGN, NFG, NFLX, NTGR, NEU, NEE, JWN, NWPX, OMC, PDCO, PETS, PFE, PFG, RGS, RLI, RES, SLGN, SO, SWN, SCS, SUM, TGT, TKR, TJX, TOL, TZOO, UGI, VFC, WMB, WWW, IYM, ITB, IHE, IDU, FXI, ICF, SLV, EWA, EWZ, ECH, EWQ, EWH, EWI, EZA, EWL, PEJ, PJP, IXN, XLF, XLV, XLI. Clink 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

Thursday 1/20/22. Cryptocurrency DOGE-USD

Since I post this the night before, check how the futures are trading before market open. Large moves can affect the opening direction.

$ $ $

I show a picture of the cryptocurrency DOGE-USD on the daily scale.

The chart shows a double top at AB, confirmed when DOGE closed below the valley between the two peaks. I show that as the horizontal red line, and it happens at C.

You'll notice the two shorter peaks to the left and right of the letter D. That potential double top didn't confirm, and the currency continued higher. That's how unconfirmed patterns work.

After viewing cryptocurrencies for several months now, it appears that chart patterns work well with them. What we see coming now is a potential double bottom (the two lowest valleys on the chart). It hasn't confirmed yet, but it suggests an upward move is coming. We have to wait for confirmation to be sure.

$ $ $

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: ALKS, ADS, AMZN, AXP, AIG, AMN, ANTM, AON, ACGL, AGO, ATO, ADP, AXS, BMI, BBBY, BIG, BMRN, BA, BBW, BG, CDNS, CALM, CLS, CNC, CHKP, CHS, CTXS, CLNE, CLF, CNA, CNO, CMI, DECK, RE, EVH, EXPD, EZPW, FDX, FLS, FWRD, FRD, GS, HAYN, HL, HD, DHI, IEX, TILE, ISRG, JKHY, JAZZ, JBLU, KBAL, LEN, LMT, LXU, MTSI, MNDT, MCHX, MDC, MS, MYGN, CNR, NJR, JWN, OMC, OTEX, PDCO, PAYX, PYPL, PRFT, PLXS, PPG, PHM, RMBS, RGA, REV, RES, SWN, SCS, SUM, SNPS, TKR, TOL, TRV, TZOO, UGI, UNM, VRSN, VC, VMC, WMB, XEL, ZBRA, IAI, ITB, IEZ, IHE, BOTZ, IAT, IYZ, SLV, EWO, EWK, EWZ, EIS, EWI, EWJ, EWM, EWY, EWP, TUR, DBA, ROBO, ILF, GLD. Clink 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

Wednesday 1/19/22. A Look At Indicators

Here's a plumbing problem I faced today (Tuesday).

I show the equipment involved for a pressure test of the sewer line in the pic (this was taken years ago). You drop the balloon (the black ball at the end of the yellow pipe) down the clean out, inflate it, fill the pipe toward the house with water and see if the water doesn't drain away (it should hold steady).

After I finished the test, when I tried to remove the balloon from the clean out, I twisted the yellow pipe the wrong way. It unscrewed the balloon and it's now in the clean out (or so I thought).

Because the clean out had a break before, there's a gasket on the left end. So I cut the clean out pipe and removed the section from the gasket to the clean out, hoping to retrieve my balloon.

Know what I found? Nothing. The balloon appears to have moved toward the street. The balloon is a bit smaller than 3" around and the pipe it's now in is 4". So it can float toward the street. (I ran two snakes down the clean outs and didn't hit the balloon, so it must have floated toward the street).

Update: This morning I was in Home Depot shopping for a transition gasket and a plumber (not a Home Depot employee) asked if I needed help. I told him my situation and he said that the balloon will just float away.

So this morning (Wednesday), before it gets cold, I'll run a snake down the 4" line toward the street (to push the balloon down the pipe) and then bottle up the mess I created. And hope it doesn't plug.

$ $ $

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 still bearish as the chart shows with the red vertical line on the far right of the chart. The indicator line is approaching zero, too. That's bearish.

The 2022 forecast (slide 5) suggested that the first few weeks of the year would be weak, but the dip should not have taken us down so far.

The impending rise in interest rates, Omicron and Covid, and inflation all played their part to drive the markets down. However, I'm still optimistic that we'll see the index rise.

The red line is the percentage of stocks at least 20% below their 1-year high (plotted upside down). The blue line is the average percentage drop of stocks below their 1-year high (plotted upside down).

The red line, my favorite, took a steep dive today (Tuesday). Both lines are more bearish today than they were a week ago.

Much to my surprise, the downtrend that began in May seems to have continued. It's hard to see but the red line hasn't dropped below the prior valley (in mid December). So there's hope that this drop will form a three rising valleys type pattern and lead to another rise. That's promising.

Even after such a large drop, I'm still bullish. I'm still looking for the indices to recover.

$ $ $

Here's a symbol list of 124 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACN, APD, AMZN, AFG, AIG, APH, AON, ACGL, AWI, AVA, BMI, BSET, BBY, BMRN, BOOT, CDNS, CHKP, CSCO, CTXS, CLNE, CLX, CNA, CAG, GLW, COST, CCRN, EXP, EMN, EFX, EQT, EL, EXC, FAST, IT, GS, GGG, GFF, HSC, HAYN, HTLD, HD, NSP, IIIN, ISRG, JKHY, JAZZ, KBAL, KSS, LAWS, LEG, LOW, MTSI, M, MNDT, MLM, MCO, MS, MYGN, CNR, NEU, NEE, NKE, JWN, NWPX, OMC, PDCO, PAYX, PYPL, PPG, KWR, RGS, RGA, REV, ROK, ROST, RES, SIGI, SWN, SNPS, TPX, TJX, TZOO, TG, TREX, SLCA, VRSN, WAT, WMB, IAI, IYC, IHE, IDU, DDM, BOTZ, ICF, IAT, IYZ, SLV, EWA, EWO, EEM, EWJ, EWM, EWY, EWD, THD, DBA, PXJ, PHO, ROBO, MXI, GLD, XHB, XLU, USO. Clink 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

Tuesday 1/18/22. Slider Trading Quiz!

$ $ $

I show another slider trading quiz featuring Goodrich: GR.

$ $ $

Here's a symbol list of 143 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACN, AEIS, AFL, APD, AKAM, AEL, ABC, AMGN, AON, AMAT, ARCB, AWI, AGO, AVA, BLL, BOOT, CX, CHKP, CVX, CMCO, COST, CROX, CCRN, DECK, BOOM, EIX, EFX, EL, EXC, FDS, FAST, FORM, IT, GD, GL, GPRO, GGG, GFF, HLIT, HTLD, HD, HUBG, IDA, IEX, NSP, IPAR, IBKR, ISRG, JKHY, KLIC, LRCX, LAWS, LNC, LOW, LXU, MLM, MU, MLKN, MCO, NBR, NEU, NKE, JWN, OXY, OGE, OMC, OUT, OXM, PDCO, PTEN, PYPL, PCG, PINC, KWR, RGS, REV, ROK, ROST, SCHW, SAIC, SEE, SHW, SWN, SCS, TPX, TEVA, TJX, RIG, TREX, SLCA, UGI, UPS, VLO, VRSN, VMC, WERN, WLK, WEX, WSM, IYM, IYC, IHI, IEO, IEZ, IHE, QTEC, FXL, BOTZ, ICF, EWH, EWJ, EWM, EPP, EWD, EWL, DBA, PXJ, PHO, IEV, MXI, GLD, XLK, XLU. Clink 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

Monday 1/17/22. Feeding ThePatternSite.

Today is a trading holiday in the US.

If you wish to support the website, then try one of these options.

1. Perhaps the best way is come to this site and click on an image of one of my books. You'll find the images at the bottom of the page. The click will take you to Amazon.com. The link passes a code to them and I receive a small referral fee but only if you buy something while there during the visit. You do NOT need to buy the book. It's just a vehicle to get you to Amazon with the referral code.

   So each time you want to use Amazon.com to buy something, come to this site first. The referral is free (it does not increase the cost of anything you buy), it's easy to do, and it supports this site.

Thanks! -- Tom Bulkowski

Friday 1/14/22. Pattern Trading Setups for the Weekend.

$ $ $

Here's a symbol list of 130 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AXDX, AKAM, ALKS, AEE, AXP, AMN, AWI, ASH, AGO, AVA, BCPC, BLL, BECN, BOOT, CHKP, CNO, CMCO, COST, COTY, CROX, CCK, CTS, DDS, DTE, EMN, EPAM, EL, EZPW, FDS, FORM, IT, GNW, GOOGL, HD, HOV, HUBG, JBHT, ILMN, IPAR, IBKR, IVC, JKHY, JAZZ, JBLU, KBH, KLAC, LAWS, LXU, MAN, MAS, MDC, MCO, MS, NKE, OMCL, OMC, OTEX, OUT, OXM, PANW, PDCO, PTEN, PPL, PINC, PHM, DGX, RMBS, RJF, REV, ROG, SAIC, SXI, SCS, TDC, TER, TEVA, TXN, TOL, TSCO, VRSN, WERN, WLK, WMB, WDAY, IYM, IAI, IHI, IEO, IEZ, IHE, ICF, IGE, EWA, EWO, EWC, EWQ, EWG, EWH, EWJ, EWM, EPP, EWS, EWP, EWD, EWL, EWT, EWU, DBA, PBE, PXJ, IEV, IXC, ILF, SSO, MXI, XLP, USO, SMH. Clink 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

Thursday 1/13/22. Intraday Market Direction: Nasdaq

Since I post this the night before, check how the futures are trading before market open. Large moves can affect the opening direction.

$ $ $

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

I drew a horizontal line at A joining B. It shows overhead resistance and underlying support circling around that line.

At A, we see the index bumping up against overhead resistance. At B, it's less clear if it's support or resistance. What it shows is that the index is hung up at the line.

Will it make its move? Certainly, but when and in what direction, I don't know. My feeling is the index will move higher. It was trending up going into today's (Wednesday's) move. The above probabilities also support a move upward.

$ $ $

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: AXDX, AEIS, DOX, AEO, AEP, AXP, ANIK, APA, AMAT, AVY, AXS, BLL, BIIB, BOOT, BG, CALM, CLS, CHD, CINF, CLX, COTY, CRH, CCK, CMI, CW, XRAY, DFS, ^DJI, DRQ, EMN, EBAY, EIX, EFX, EVH, EZPW, FIS, FIVN, FORM, FWRD, GIS, GNW, GL, GS, GOOGL, GES, HSY, HD, HON, HUBG, JBHT, IPAR, IVC, NVTA, JKHY, JAZZ, JNJ, KALU, K, KFRC, KLAC, KLIC, LAMR, LAWS, LOW, MAN, MRTN, MAS, MS, MOS, CNR, NTGR, NEU, NOC, NUS, ORI, OMC, OUT, OXM, PDCO, PTEN, PETS, PICO, PHM, DGX, RL, REV, RES, SLB, SAIC, SMG, SHW, SLGN, SCCO, SR, SXI, TDC, TEVA, TMO, TSCO, TZOO, TG, TREX, SLCA, UNM, V, WRB, WERN, WSM, IAI, DDM, FXI, ICF, SLV, EWO, ECH, EEM, EWG, EWH, EWS, EZA, EWY, TUR, EWU, PPA, PBE, PJP, IXC, ILF, UNG, USO. Clink 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

Wednesday 1/12/22. A Look At Indicators

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 indicator turned bearish (vertical red bar on the far right of the chart) a week ago. Because a signal can change for up to a week, it appears the signal won't disappear.

The indicator near the bottom of the chart shows it ticking up today (Tuesday). That's good for bulls, and it shows that the markets should turn upward.

But as I mentioned, that slight uptick could be bogus. We'll have to wait and see.

The red line is the percentage of stocks at least 20% below their 1-year high (plotted upside down). The blue line is the average percentage drop of stocks below their 1-year high (plotted upside down).

The red line, which is the more sensitive of the two, showed a big drop from the last week.

That's bearish. Even the more staid blue line dropped this week.

However, if you look at the red line, notice that the valleys are forming higher lows. I hope that makes sense. Each low is above the prior one, at least since December. So I view that development as bullish.

Even though this week showed weakness, the larger picture is bullish. Along with the prior chart, which is bullish, too, it looks like the market should rise over the next week.

$ $ $

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: ANF, ACIW, ADBE, ADTN, AEIS, AES, AKAM, AA, ADS, AEO, AMWD, ABC, AMN, ANTM, AMAT, ARW, AVY, AXS, BLL, BA, BKNG, BOOT, BBW, BG, CAL, CLS, CENX, CRL, CLF, CTSH, CCRN, DHR, DDS, DTE, FIS, FISV, FLEX, FORM, FDP, GIS, GNW, GOOGL, GES, HAYN, HTLD, HD, HUBG, JBHT, IDA, ILMN, NSP, ITGR, IPAR, JKHY, K, KFRC, LH, LAWS, LLY, LOW, LXU, MANH, MAS, MSFT, MS, MUR, NEU, NKE, OMC, OUT, OMI, OXM, PKG, PDCO, PETS, PCG, PGR, PHM, KWR, RES, CRM, SEE, NOW, SLGN, SWN, SNPS, TECH, TFX, TDC, TXN, TSCO, TG, VEEV, WERN, WLK, WWW, WDAY, IHE, DDM, ICF, IYH, IHF, ECH, EEM, EWM, EWS, EZA, DBA, PBE, PEJ, GLD, XLV, XAR, VHT. Clink 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

Tuesday 1/11/22. Slider Trading Quiz! General Electric

$ $ $

I show another slider trading quiz featuring General Electric: GE

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Here's a symbol list of 152 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ANF, AYI, AES, ALKS, AYX, AMZN, AEE, AMN, AON, AMAT, ARW, ADP, AVA, BMI, BIG, BBW, BG, CALM, CF, CRL, CHS, CLNE, CTSH, ED, COST, COTY, CRH, CCRN, CW, DECK, DDS, D, EMR, WIRE, EPAM, EFX, EL, EVH, XOM, FAST, FIS, FDP, IT, GE, GNW, GPN, EVRG, GES, HSC, HAYN, HQY, HTLD, HSII, HSIC, HD, IDA, IEX, ILMN, NSP, ITGR, TILE, IPG, IPI, JKHY, JAZZ, KFRC, KSS, LHX, LRCX, LAMR, LDOS, LNC, LOW, LXU, MNDT, MCHX, MLM, MA, MTRX, FB, MU, MCO, MUR, MYGN, NBR, NFG, CNR, NTGR, NJR, NEU, NKE, OMC, ASGN, OMI, PKG, PTEN, PAYX, PRFT, PINC, PGR, KWR, QCOM, RL, ROST, SEE, SWN, SCS, SUM, SRDX, TPR, TPX, TER, TEVA, TJX, TREX, V, VC, WRB, WSO, WU, WLK, WOLF, WWW, IYC, IHI, BOTZ, ICF, EWA, EWG, EWD, EWL, TUR, DBA, PHO, ROBO, IXC, XLY, XLF, XHB, XRT, VIS. Clink 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

Monday 1/10/22. Market Monday: The Week Ahead

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

My Prediction

Shown is the Dow transports index on the daily scale.

It appears that pattern AB is a double bottom but it isn't. Rather, it's just squiggles on the chart. Why?

Answer: Because it hasn't confirmed as a valid chart pattern. Still confused? To confirm the pattern, the index has to close above the peak between the two bottoms. I show that with line C. You can see on the chart that the index didn't close above that line (at least so far).

Compare the potential double bottom at AB with the one at D. The move in the index (after double bottom D) is how the pattern is supposed to behave. It confirms and price rockets upward. Unfortunately, that's rare when you see such a strong push higher.

It looks at if the index is going lower but it could just be pausing before moving up.

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 will be starting in about 6 days.

Here's a symbol list of 133 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ACN, AMD, AKAM, AA, ADS, AEP, AMGN, APH, ANTM, AON, ARW, ATO, AVA, AZTA, BMI, BMRN, BBW, CBT, CRL, CAG, D, DUK, BOOM, EIX, EMR, WIRE, EOG, EPAM, FOE, FIS, IT, GE, HSC, HSII, DHI, IDXX, NSP, IPG, ISRG, IVC, JKHY, JBLU, JNJ, KBH, KFRC, LHX, LH, L, LXU, MHO, MTSI, MAN, MCHX, MTRN, MTRX, MGEE, MU, MCO, MYGN, NBR, ^IXIC, NFLX, NTAP, NI, NWPX, OMC, OTEX, PKE, PRFT, PICO, POR, PPG, PPL, PG, PEG, QCOM, DGX, RMBS, ROST, RES, ^GSPC, SLB, SCHW, SO, SCS, SUM, TPX, TEVA, TXN, TMO, TRV, TREX, SLCA, UGI, VRTX, VC, VMC, WRB, WMT, WU, WEX, ITB, FTEC, BOTZ, IYH, IHF, IGV, EWO, EWK, EWJ, EWT, TUR, QLD, PXJ, QQQ, PHO, ROBO, IXC, ILF, XLF, XHB, SPY, MGK. Clink 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

Friday 1/7/22. Pattern Trading Setups for the Weekend.

$ $ $

Here's a symbol list of 114 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ACN, AES, ALK, AFG, ABC, AIZ, ATO, BSET, BZH, BBBY, BBY, CE, CENX, CRL, CHKP, CLNE, CSGS, DECK, XRAY, D, EXP, EBAY, EIX, EPAM, FIS, FMC, FCX, IT, GS, GGG, HE, HP, HSIC, HD, DHI, IEX, ILMN, NSP, IBP, IPAR, IVC, JKHY, K, KLAC, MTRX, MDC, MCO, NFG, CNR, NFLX, NTGR, NJR, NEE, NXGN, NKE, NI, NWPX, OLN, OTEX, PKG, PKE, PYPL, PRFT, PCG, PICO, PLXS, PPG, PPL, PG, PHM, KWR, RL, RGS, ROK, SO, SWN, SCS, TFX, TRV, TREX, UGI, VMI, V, VC, WRB, WERN, IYM, IYE, ITB, IYH, IHF, SLV, EWJ, EWM, EPP, EWY, TUR, EWU, DBA, PXJ, XHB, XLB, XLU, USO. Clink 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

Thursday 1/6/22. Cryptocurrency Ethereum: Bearish

Since I post this the night before, check how the futures are trading before market open. Large moves can affect the opening direction.

$ $ $

I show a picture of Ethereum on the daily scale.

AB is a confirmed double bottom chart pattern. It confirms when the currency closes above the peak (C) between the two bottoms, which it does going up to D. Confirmation means the currency is going higher.

Unfortunately, it was a fake bullish breakout and the currency tumbled. Combined with the peak(s) in early November, it made a double or even a triple top, suggesting a bearish move. That move took the index lower to where it is now.

It still looks bearish to me, so I expect additional declines.

$ $ $

Here's a symbol list of 184 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ANF, ADBE, AES, APD, ATSG, ALK, ADS, AEL, AFG, AIG, APA, ACGL, ARW, AIZ, AVNT, BSET, BZH, BBBY, BBY, BMY, BLDR, CAL, CLS, CRL, CVX, CINF, CLNE, CLF, CNA, CGNX, CLR, XRAY, DDS, ^DJT, D, DOV, BOOM, EXP, EBAY, WIRE, EPAM, EFX, EQT, EVH, XOM, EZPW, FAST, FIS, FMC, FORM, FCX, FDP, GNW, GL, GS, GOOGL, GPRO, GGG, HBI, THG, HSC, HD, HUBG, IEX, NSP, IBP, IBKR, IPG, IVC, JKHY, JBLU, JNJ, KSS, LHX, LRCX, LAMR, LANC, L, LXU, M, MCHX, MRTN, MTRX, MDC, MSFT, MLKN, MCO, MLI, NBR, ^IXIC, NOV, CNR, NWL, NEU, NKE, JWN, ORI, OMCL, OMI, PATK, PTEN, PYPL, PRFT, PFE, PICO, PNW, KWR, RL, RGA, ROK, RES, CRM, SO, SWN, SXI, SSYS, SUM, TPR, TGT, TECH, TDOC, TFX, TPX, TXT, TJX, TSCO, RIG, TZOO, TG, SLCA, VMI, V, VMC, WRB, WERN, WLK, IAI, IYE, ITB, FTEC, IAT, SLV, EWO, EWK, EWC, EEM, EWH, EWJ, EWW, EWS, EWY, TUR, EWU, QLD, PXJ, QQQ, IXC, IXN, MXI, XLF, XHB, XRT, XAR, XLK, VIS, MGK. Clink 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

Wednesday 1/5/22. A Look At Indicators

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 shows a green bar on the far right of the chart. It looks like the index is taking a pause here in preparation for another upsurge. It's a flag pattern where we see a pause near the middle of a strong run higher.

The red line is the percentage of stocks at least 20% below their 1-year high (plotted upside down). The blue line is the average percentage drop of stocks below their 1-year high (plotted upside down).

In this chart, the red line has confirmed a double bottom pattern. That's bullish, but the indicator has already climbed a good amount. The blue line looks like it's about to peak, too, joining the horizontal move that started back in July.

The prior chart is bullish and this one shows caution, but it's bullish, too. Together I believe the index will continue to rise.

$ $ $

Here's a symbol list of 184 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ABT, ACN, ADTN, AMD, ATSG, ALK, AA, AMZN, AMED, AEE, AEP, AXP, ABC, AMN, ANTM, APA, ADM, AWI, AVA, BSET, BECN, BIO, BAH, EPAY, CACI, CALM, CLS, CNP, CRL, CHKP, CINF, CNA, COP, CRH, XRAY, DVN, DFS, D, DTE, DUK, EBAY, EMR, EOG, EPAM, EXPD, XOM, FOE, FE, FLEX, FMC, FORM, FWRD, GE, GNW, GILD, GL, GS, GPRO, HBI, HSC, HIG, HAYN, HQY, HSII, HNI, HON, IDXX, ISRG, NVTA, JBLU, KFRC, LRCX, LAMR, LAWS, LLY, L, LXU, MAN, MRO, MRTN, MTRX, FB, MLKN, MS, NBR, NJR, NWL, NEE, NVDA, OGE, OMCL, OMC, ASGN, OMI, PYPL, PRFT, PCG, PINC, PRU, PEG, KWR, RJF, RGS, RNG, RLI, CRM, SLB, SIGI, SKX, SO, LUV, SSYS, TDOC, TRV, SLCA, UNM, VFC, WERN, WU, WLK, WEX, WDAY, ITA, IAI, IEZ, IHE, DDM, FTEC, ICF, IYH, IAT, IGE, IYF, EWO, EWK, EWC, EEM, EWQ, EWG, EWH, EWI, EWD, EWT, THD, TUR, EWU, QLD, PPA, PXJ, QQQ, PHO, IXC, IXN, MXI, XLE, XLF, XLV, XRT, XLK, SMH, VHT, MGK. Clink 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

Tuesday 1/4/22. Slider Trading Quiz! Frontier Airlines (2)

$ $ $

I show another slider trading quiz featuring Frontier Airlines: FRNT 2

$ $ $

Here's a symbol list of 209 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ACN, APD, ALRM, ALK, AA, ALKS, AYX, DOX, AMED, AEE, AFG, AMWD, AMGN, AMN, APH, APA, ARCB, ASH, AGO, ADSK, AVY, AVNT, AVA, AXS, AZTA, BSET, BAX, BECN, BIG, BMRN, BKH, BA, BMY, BBW, BLDR, CBT, CNP, CVX, CHS, CIEN, CINF, CLF, CGNX, CLR, CR, DVN, DDS, DFS, ^DJT, ^DJI, D, DOV, DRQ, DTE, DUK, EXP, EBAY, EIX, EMR, WIRE, EOG, EFX, EL, RE, EXPD, FOE, FE, FLS, IT, GE, GPN, GS, GPRO, GGG, GFF, GES, HNI, HOLX, HD, HUBG, JBHT, IDA, IEX, ITW, IBP, IVC, JBLU, KALU, KBH, KELYA, KSS, LHX, LEN, L, LOW, MHO, M, MRO, MCHX, MRTN, MDC, MDT, MLKN, MS, MLI, NBR, NTGR, NJR, NWL, NEE, NXGN, NKE, JWN, NWPX, NUS, OXY, OGE, ORI, OLN, ASGN, OTEX, OUT, OMI, OXM, PTEN, PYPL, PRFT, PLXS, POR, PEG, PHM, KWR, RL, RLI, RHI, ROK, ROG, ROST, RES, SAIA, SIGI, SLGN, SO, LUV, SWX, SXI, SCS, TXT, TKR, TOL, RIG, TG, TREX, UGI, VLO, VC, WRB, WSO, WERN, WU, WLK, WEX, WOLF, XLNX, IYM, IYC, IYE, ITB, IEO, ICF, IAT, IYZ, IYF, EWK, EWG, EIS, EWI, EZA, EWT, TUR, PXJ, PHO, MXI, XLY, XLF, XLI, XLB, VHT, VIS, VAW. Clink 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

Monday 1/3/22. 2022 Forecast

Here's how the indices finished this year, dividends not included.

Here's the updated 2022 forecast, presented in slider format.

Based on sector performance from Fidelity, the best performing sectors for year-to-date performance as of 30 December 2021 were... (The numbering is how they ranked a month ago.)

The folks at two firms polled by Fidelity weigh the sectors in this order, as of 12/23.

Here's how they rank the industries, but only the top 10 appear. One-year change, as of 12/30. The numbering is how they ranked a month ago.

The Indices...

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...

For the Year...

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Here's a symbol list of 158 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, AEIS, AFL, APA, AAPL, ADM, ARW, AIZ, AGO, AVNT, AVA, AZTA, BLL, BAX, BECN, BIG, BA, BAH, BRC, BMY, BG, CBT, CE, CENX, CHS, CSCO, CLF, CLX, CNO, CGNX, CL, ED, CAG, CLR, CR, CCK, DVN, DDS, ^DJT, ^DJI, DUK, EMN, EBAY, EOG, RE, EZPW, FFIV, FLS, FTNT, GD, GE, GIS, GNW, GL, GES, THG, HLIT, HAYN, HQY, HSY, HON, DHI, INTC, JAZZ, JNJ, K, KELYA, KMT, KSS, LEG, LEN, LNC, LMT, LOW, MHO, M, MANH, MAN, MRO, MCHX, MRTN, MDC, MDT, MRK, MGEE, NXGN, NKE, JWN, NOC, NWPX, OXY, OMCL, ASGN, OTEX, OUT, OXM, PKG, PRFT, PCG, PPG, PFG, PGR, PEG, KWR, ROG, ROST, ^GSPC, SAIA, SHW, SO, SCCO, LUV, SXI, SNPS, TER, TKR, TREX, UNM, VLO, VC, WSO, WERN, WU, WLK, WEX, WOLF, XLNX, IYK, IEO, IEZ, IHE, DDM, EWA, EWM, EWS, EWY, EWT, TUR, IXN, SSO, XLP, GLD, XHB, XLB, SPY, XLK, UNG, VHT, VAW. Clink 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