As of 11/22/2024   Indus: 44,297 +426.16 +1.0%     Trans: 17,367 +194.86 +1.1%     Utils: 1,067 -8.74 -0.8%     Nasdaq: 19,004 +31.23 +0.2%     S&P 500: 5,969 +20.63 +0.3%	YTD  +17.5%    +9.2%    +21.0%    +26.6%    +25.1%	Targets    Overview: 11/12/2024     46,000 or 43,000 by 12/01/2024   18,000 or 16,600 by 12/01/2024   1,200 or 1,000 by 12/01/2024   20,000 or 18,400 by 12/01/2024   6,100 or 5,800 by 12/01/2024
Chart Pattern Indicator: on 11/20/24

As of 11/22/2024   Indus: 44,297 +426.16 +1.0%     Trans: 17,367 +194.86 +1.1%     Utils: 1,067 -8.74 -0.8%     Nasdaq: 19,004 +31.23 +0.2%     S&P 500: 5,969 +20.63 +0.3%	YTD  +17.5%    +9.2%    +21.0%    +26.6%    +25.1%
Targets    Overview: 11/12/2024     46,000 or 43,000 by 12/01/2024   18,000 or 16,600 by 12/01/2024   1,200 or 1,000 by 12/01/2024   20,000 or 18,400 by 12/01/2024   6,100 or 5,800 by 12/01/2024
Chart Pattern Indicator: on 11/20/24

Tuesday 5/31/22. Slider Trading Quiz!

$ $ $

I show another slider trading quiz featuring Semtech: SMTC stock.

$ $ $

Here's a symbol list of 185 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACN, AYI, ADBE, AEIS, APD, AKAM, AEE, AEP, AEL, AMN, APA, AMAT, ATR, ADSK, AVY, AVA, AXS, AZTA, BMI, BZH, BERY, BIO, BFH, BG, CDNS, CE, CLS, CLF, CMCO, CMTL, COTY, CRH, CCRN, CCK, CSGS, DHR, ^DJU, D, DTE, BOOM, EXP, EBAY, EOG, EFX, EL, EVH, FDS, FE, FTNT, FCX, IT, GNW, GOOGL, GGG, EVRG, HLIT, HOLX, HURC, IDA, IDXX, ITGR, IPI, NVTA, JKHY, JAZZ, K, KELYA, KLAC, LRCX, L, MTSI, MANH, MCHX, MLM, MAS, MTRX, MGEE, MU, MSFT, MCO, MS, MUR, ^IXIC, NFG, CNR, NCR, NTGR, NTAP, NEU, NEE, NKE, NI, NOC, NVDA, OGE, OMCL, OTEX, OMI, PANW, PAYX, POR, PGR, PEG, KWR, QCOM, REV, RLI, ROK, ^GSPC, NOW, SLGN, SCCO, SWX, SWN, SR, SRDX, SNPS, TDC, TXN, TJX, TSCO, TZOO, VEEV, VMC, WEX, XEL, IYM, IAI, IYC, IEZ, FTEC, FDN, QTEC, FXL, QQQ, IGV, SOXX, IHI, EWA, EWK, EWC, EEM, EWQ, EWG, EWH, EWI, EWW, EPP, EWS, EZA, EWY, EWP, EWD, EWL, EWT, EWU, QLD, PEJ, ROBO, IEV, IXN, SSO, MXI, XLY, XHB, XLI, XLB, SPY, XLK, XLU, USO, SMH, VIS, VAW, 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 Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski

Friday 5/27/22. Pattern Trading Setups for the Weekend.

$ $ $

Here's a symbol list of 236 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AEIS, AMD, ALL, AYX, AEE, AEO, AEL, AMN, APA, APOG, AMAT, ARCB, ACGL, ARW, AIZ, AVY, AVNT, AXS, AZTA, BZH, BERY, BKH, BOOT, BRC, BFH, BBW, BLDR, BG, CDNS, CALM, CX, CNP, CHS, CHD, CLNE, CLF, CLX, CNO, CONN, COP, CLR, GLW, COST, COTY, CCRN, CCK, CTS, DECK, XRAY, DVN, ^DJT, EXP, EMN, EBAY, EIX, FIS, FLEX, FORM, FCX, GME, GPS, GPN, GS, GGG, GES, HLIT, HQY, HTLD, HELE, HP, HOV, JBHT, IEX, IDXX, INFN, ITGR, INTC, IPI, ISRG, JKHY, JBLU, K, KELYA, KFRC, KLIC, LZB, LRCX, LDOS, LEN, LNC, RAMP, L, LOW, LXU, MHO, M, MANH, MRO, MCHX, MAS, MTRX, MDC, MLKN, MCO, MS, MUR, NBR, ^IXIC, NFG, CNR, NCR, NFLX, NTGR, NTAP, NJR, NWL, NOC, NVDA, OXY, ORI, OLN, OXM, PKG, PANW, PKE, PTEN, PYPL, PPG, PPL, PGR, PEG, KWR, QCOM, RLI, RCKY, ROST, ^GSPC, CRM, SLB, SCHW, SMG, SHW, SKX, SCCO, SWN, SSYS, SUM, TPR, TPX, TDC, TKR, TJX, TSCO, TZOO, TREX, SLCA, UGI, VFC, VEEV, VRTX, WRB, WAT, WU, WLK, WMB, WSM, ITA, IYM, IAI, IYK, IYC, IYE, IEZ, IHE, IDU, DDM, FTEC, FDN, QTEC, FXL, QQQ, IAT, IGV, SOXX, IGE, IEO, IYF, IHI, ECH, EEM, EIS, EWM, EWP, EWL, QLD, PPA, PEJ, PXJ, PHO, IXC, IXN, XLY, XLP, XLE, XLF, XHB, XRT, XLK, USO, SMH, 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.

$ $ $

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 5/26/22. 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 Ethereum on the daily scale.

I couldn't fit the recent peak on the chart but it rang the bell at 4891 and change. The recent low was 2172, for a tidy decline of 56%. Those of you who own the cryptocurrency have given back more than half of your paper profit.

Look at the drop at A. The currency left the trendline and dropped lower (to A) for a time before returning to the trendline. The same pattern is happening again, at B. History, at least point A, suggests a continued downward move (the currency dropped after A, so why not after B?).

However, if it can close above the blue trendline, it has a chance of rising as much as the green line shows (off the chart). That's a substantial recovery that is perhaps unrealistic.

I found that using the measure rule for trendlines. The height of the drop (to the January low) added to the breakout suggests how far up the currency might rise.

$ $ $

Here's a symbol list of 137 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ABT, ANF, AXDX, ADBE, AEIS, AEO, AEL, AMWD, AMN, AMAT, ACGL, ARW, AIZ, BAX, BZH, BERY, BIG, BKNG, BOOT, BRC, BG, CDNS, CALM, CAL, CE, CX, CHS, CLF, CNO, CONN, COTY, CCRN, DDS, DFS, EXP, EMN, EQT, FICO, FIS, FORM, FCX, FDP, FRD, GME, GPS, GPN, GPRO, GFF, THG, HTLD, HL, HOV, IBP, ITGR, IBKR, IPI, JKHY, KBH, K, KELYA, KMT, KLAC, KSS, LRCX, LEG, RAMP, MHO, MTSI, MAN, MCHX, MAS, MA, MTRX, MCO, MS, MUR, NOV, CNR, NCR, NKE, JWN, NOC, NWPX, ORI, OLN, OXM, PANW, PNW, PPL, PINC, PEG, KWR, RCKY, SKX, SCCO, LUV, SWN, SCS, TJX, RIG, TZOO, SLCA, VFC, VLO, WEX, XEL, IAI, IYC, FDN, QTEC, FXL, FXI, BOTZ, IAT, IGV, EWZ, EWC, EIS, EWM, EWS, EZA, EWP, IXN, ILF, XAR. 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 5/25/22. 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 white vertical bars are neutral, meaning the indicator is between bullish and bearish signals. It's been neutral for almost two weeks now. It looks like the market is searching for a bottom.

If you look back to March, the indicator showed a number of neutral bars congested followed by a recovery in the index. So that's a hint of what we can expect, I think.

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).

This week the red and blue lines dropped again when compared to a week ago.

This chart doesn't show any sign of recovery (it remains bearish) compared to the neutral stance of the CPI chart. What does this mean? My feeling is that we're a lot closer to the bottom than to the top. Sooner or later we're going to see a reversal of the downtrend. I don't know when that will be. This downturn (from the January peak) was unexpected by me and of course, I didn't expect higher inflation or a war. I'm still bullish. I'm just ignoring the falling market because I know it'll recover and that recovery will pull up my portfolio balance.

In my view, the worst thing you can do now is sell.

$ $ $

Here's a symbol list of 128 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, ANF, ACIW, ALK, ALKS, AYX, AMED, AEO, AEL, AMWD, AMGN, AMN, AMAT, ARW, AGO, AVNT, BECN, BZH, BERY, BIG, BIIB, BMRN, BOOT, BAH, BBW, CDNS, CALM, CAL, CX, CNC, CIEN, CTXS, CLF, CGNX, CMTL, CCRN, CCK, DDS, DFS, EXP, FIVN, FLEX, FORM, FCX, FRD, GPS, GE, GOOGL, GES, HELE, HSIC, IEX, NSP, ITGR, IPG, IPI, JKHY, JBLU, K, KELYA, KFRC, KBAL, LRCX, LNC, RAMP, MANH, MCHX, MA, MTRX, MDC, FB, MU, MCO, MS, MOS, MUR, NWL, NXGN, NOC, OLN, OMC, PANW, PYPL, PETS, PLXS, PPL, RCKY, SEIC, NOW, SKX, SCCO, SWN, SSYS, TPR, TGT, TDC, TXT, TJX, RIG, TZOO, TG, VLO, V, WSO, WMB, WOLF, XEL, IAI, FDN, IYH, IHF, IAT, SOXX, IEO, IYF, EWH, EWM, EWP, EWL, UNG, 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.

-- Thomas Bulkowski

Tuesday 5/24/22. Slider Trading Quiz!

$ $ $

I show another slider trading quiz featuring Russell: RML stock.

$ $ $

Here's a symbol list of 87 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AFL, ALKS, ALL, AMED, AEL, AMGN, AMN, APA, ADSK, AVNT, CINF, DFS, ^DJI, DRQ, EMN, EL, RE, EZPW, FICO, FWRD, FCX, GS, HP, DHI, ITGR, IPAR, KALU, KMT, LHX, MAN, MSFT, MS, MYGN, NBR, CNR, NJR, NWL, NEU, NWPX, OGE, OMCL, PKE, PPG, PRU, DGX, SLB, SRE, SCCO, SSYS, TDOC, TXT, TMO, TOL, TG, VMI, VRTX, VC, WMB, WWW, XEL, ITA, IYM, IHE, BOTZ, IGE, EWO, EWZ, EWG, EWJ, EWW, EZA, EWP, EWD, THD, PBE, ILF, MXI, GLD, XLI, UNG, 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 5/23/22. 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 Dow industrials on the daily chart.

A double top chart pattern appears at AB. It confirms as a valid chart pattern when the index closed below the red line at C.

The measure rule for the pattern, which sets a price target for the drop, succeeded (meaning the Dow dropped far enough to reach the target).

For the year, the Dow is down 14%. From the yearly high, it's down a bit more, 15%. That's short of the bear-market classification of 20% from the high.

What does all of this mean for the next week or longer? With world events pushing around the markets, it's too risky to know. However, the blue trendline suggests the index will find support here and turn 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 121 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ACIW, AYI, ALL, AYX, AXP, AFG, AIG, APH, ANIK, APA, AMAT, ATR, AWI, ARW, ADSK, AVY, AVNT, AZTA, BCPC, BBBY, BA, BLDR, BG, CBT, CDNS, CX, CF, CRL, CHS, CIEN, CINF, CMCO, CAG, GLW, CROX, CCK, CMI, DECK, D, DRQ, EMN, WIRE, FLEX, GD, GNW, GL, GES, THG, HIG, HP, HON, IDXX, INFN, NSP, ITGR, IPI, IVC, KALU, K, KELYA, KMT, KBAL, KMB, LLY, LMT, MTRN, MU, MS, MOS, ^IXIC, NCR, NTGR, NTAP, NWL, NXGN, NKE, JWN, NVDA, OMCL, ASGN, OXM, PCG, PNW, PG, PEG, RLI, ROST, RES, SLB, SIGI, SKX, SCS, SSYS, SUM, TDOC, TPX, TMO, TRV, UNM, VC, WRB, WSM, XEL, IYK, IYC, QQQ, EWZ, EWW, QLD, XLY, XLP, XLI, XRT, 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 below industries were the best (rank 1) or worst performing of those I follow.

-- Thomas Bulkowski

Friday 5/20/22. Pattern Trading Setups for the Weekend.

$ $ $

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: ADBE, AES, ALB, ALKS, AMED, APH, ANIK, AON, APA, ADM, AWI, ADSK, AXS, BBY, BIO, BOOT, CX, CHS, CHD, CIEN, CINF, CLX, CL, CAG, GLW, COST, DHR, DVN, D, DRQ, FFIV, FDS, FLEX, FDP, GPS, IT, GD, GE, GIS, GL, EVRG, HBI, HIG, HL, HP, HSY, IDA, ITGR, IBKR, JNJ, KALU, KELYA, KMB, LH, LMT, LOW, MHO, MCHX, MRTN, MTRX, MDT, MU, MUR, NOV, NWL, NXGN, NI, NWPX, OMCL, ASGN, PKE, PTEN, PAYX, PYPL, PNW, PEG, DGX, RL, RGS, REV, RHI, SLB, SCS, SNPS, TGT, TDOC, TFX, TMO, UPS, VMI, WMT, WEX, WMB, IYK, IYE, IEO, EWZ, EWM, IBB, 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.

$ $ $

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 5/19/22. 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.

AE is a chart pattern called an Adam & Eve double bottom. The first bottom is narrow compared to the second bottom, which is more rounded looking. It confirms as a valid double bottom when the index closes above the top of the pattern, (red line) B.

The measure rule (a way to determine a price target) for this pattern is the height added to the top. The pattern fulfills the promise, or nearly so, at D.

Another pattern forms with a breakout at C. I show it in blue. It's a rectangle top. This one also meets, or nearly so, its measure rule target of the height added to the top of the pattern. The target is about D.

The slide after D was from economic news (weak sales/earnings) and a market that seems overly worried about everything. Don't worry. Be happy! That's an old refrain.

The picture to me suggests a recovery tomorrow (Thursday) which also agrees with the above stats, so that's the way I'm leaning.

$ $ $

Here's a symbol list of 117 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ADBE, AKAM, AEE, ABC, AMGN, ANIK, APA, AWI, ADSK, AXS, BZH, BBY, BIG, CALM, CHS, CSCO, CAG, CLR, GLW, COST, DECK, DVN, ^DJU, D, DRQ, EQT, XOM, FFIV, FDS, FICO, FLEX, FWRD, FDP, FRD, GPS, EVRG, HBI, HLIT, HP, HSY, HOV, IDA, ITGR, JKHY, JAZZ, JNJ, KALU, KBH, KMT, KMB, KSS, LZB, LMT, M, MDC, MU, MCO, MUR, NOV, NCR, NWL, NXGN, NI, JWN, NWPX, OMCL, PTEN, PCG, PICO, PEG, RL, RGS, REV, RHI, SLB, SWX, TGT, TDOC, TPX, TMO, TOL, RIG, SLCA, VMI, WMT, WMB, WSM, XEL, IYC, IYE, ITB, IYH, IGE, IEO, EWO, EWZ, EWJ, EWS, TUR, PXJ, PJP, IXC, XLY, XRT, 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 Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski

Wednesday 5/18/22. 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 line turned bullish as the vertical green bar shows on the far right of the chart. Notice the timing. Exquisite. But I'm not sure you can trust it. Why? Because the signal may have happened a day or two after the index turned.

The signal is like driving down the road, going past your exit, and the indicator saying "You should have turned back there." That kind of information doesn't do you much good because you already drove past the exit.

Regardless, the CPI is bullish.

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 red and blue lines are higher this week than they were last week.

What do the two charts mean? Both have turned bullish, so it suggests the move has legs (lasting). Of course, lots of world events could cause the short uptrend to end.

$ $ $

Here's a symbol list of 149 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ADBE, ADTN, AKAM, AA, ALKS, ALL, DOX, AEL, AIG, ANIK, APA, AMAT, ARCB, ADSK, AXS, BIO, CLS, CHS, CIEN, CNA, CMTL, CAG, COTY, CCRN, CTS, DRQ, DTE, DUK, BOOM, EMR, RE, EZPW, FICO, FDX, FLS, FORM, FCX, HBI, THG, HE, HTLD, HP, HNI, HON, ITW, ILMN, ITGR, JKHY, JBLU, KALU, KMB, LANC, LMT, LXU, MRTN, MTRX, MDT, MU, MLKN, NFG, NCR, NTAP, NWL, NEU, NXGN, ORI, OLN, OMCL, OMC, OMI, PDCO, PICO, PFG, PEG, KWR, DGX, RGA, RCKY, SLB, SHW, LUV, SCS, SSYS, SRDX, TGT, TDOC, TFX, TEVA, TMO, RIG, TG, UNM, VC, WMT, WAT, WU, IEZ, FXI, BOTZ, SOXX, IHI, EWA, EWO, EWK, EWZ, EWC, ECH, EWQ, EWG, EWH, EIS, EWI, EWM, EWW, EPP, EZA, EWY, EWP, EWD, EWL, TUR, EWU, PPA, PBE, PXJ, PJP, IEV, ILF, MXI, 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.

-- Thomas Bulkowski

Tuesday 5/17/22. Slider Trading Quiz!

$ $ $

I show another slider trading quiz featuring PPG Industries (PPG) stock.

$ $ $

Here's a symbol list of 64 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AXDX, ALL, DOX, AEE, APA, ARCB, ATO, BERY, BMY, BBW, CBT, CALM, CVX, CSCO, CLF, CNA, CMTL, CAG, DSGR, WIRE, FLEX, FRD, GPS, GPRO, GFF, HIG, HTLD, HSII, HP, HNI, IDA, IVC, KALU, KMT, KFRC, KSS, KLIC, LZB, LANC, M, NFG, NXGN, OXY, OMI, PANW, PFE, PCG, PRU, KWR, RMBS, REV, RLI, SSYS, SUM, TKR, TG, VMC, IHE, DBA, PJP, 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 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 5/16/22. 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 Dow transports on the daily scale.

LHR is a head-and-shoulders bottom with L being the left shoulder, H is the head, and R is the right shoulder. The chart pattern suggests a rise that was achieved, or close to being achieved, at D.

More recently, pattern AB is a double top It confirmed as a valid chart pattern when the index closed below the red line, near C.

What does all of this mean going forward? The quick drop and recovery after C is what's called a pullback. After a pullback, there's a 54% chance that the index will resume the downtrend (according to my book, Encyclopedia of Chart Patterns, 3rd edition (#ad))

Because the predicted trend is about random, it doesn't help us, does it? However, the index is resting on support (created by the recent valleys near the same price) so my guess is the index will continue moving higher. The index dropped enough days in a row that a decent rebound is overdue.

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

Many options expire this week, so traders will be looking to close out their positions, and that suggests increased volatility (large daily price swings).

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 137 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, AYI, ADBE, AEIS, AYX, AMED, AMN, APA, AMAT, ATR, AWI, ADSK, AVY, AZTA, BALL, BZH, BERY, BIIB, BMY, BBW, CBT, CAL, CLS, CF, CVX, CHS, CLNE, COP, COTY, CROX, DVN, EXP, EIX, EOG, EPAM, RE, FAST, FDX, FIS, FLEX, FORM, FRD, GPRO, GGG, GFF, HLIT, HSII, HP, HSIC, JBHT, IEX, IDXX, ILMN, NVTA, JBLU, KALU, KMT, KFRC, KLIC, LRCX, LEG, MRO, MCHX, MTRX, MCO, NFG, OXY, ORI, OLN, OXM, PANW, PTEN, PCG, PGR, KWR, RMBS, RGS, RGA, RNG, RCKY, ROST, RES, ^GSPC, SLB, SEE, NOW, SKX, SUM, TECH, TDOC, TDC, TER, TEVA, TMO, TKR, TOL, TREX, VEEV, VMC, WAT, WSO, WMB, WOLF, WWW, XEL, ZBRA, IYE, ITB, IYH, IEO, IHI, EWK, EWZ, EWC, EWS, THD, IBB, PBE, PHO, IXC, XLE, GLD, XLV, XHB, XAR, USO, 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.

The below industries were the best (rank 1) or worst performing of those I follow.

-- Thomas Bulkowski

Friday 5/13/22. Pattern Trading Setups for the Weekend.

$ $ $

Here's a symbol list of 145 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ACN, AYI, AEIS, AJRD, ATSG, AA, ALKS, AEE, AEL, AXP, ABC, AMN, APH, APA, AMAT, AWI, AGO, ADSK, AVNT, AXS, BCPC, BAX, BERY, BA, EPAY, BMY, BBW, CBT, CALM, CAL, CE, CNC, CNP, CENX, CIEN, CLF, CRH, CMI, DDS, DFS, DRQ, EIX, EOG, EXC, EXPD, FDX, FLEX, FTNT, FCX, GME, GNW, GS, GPRO, GFF, GES, HIG, HSII, HELE, HP, HNI, IDXX, KALU, KFRC, KLAC, KLIC, LHX, LH, LRCX, LEG, LNC, LXU, MHO, MAS, MRK, FB, MU, MCO, MS, NFG, CNR, OXY, OLN, OMCL, ASGN, OXM, PAYX, PCG, PRU, PEG, KWR, RMBS, REV, SEE, SMTC, SCCO, LUV, SUM, TPR, TKR, TSCO, RIG, TREX, SLCA, VMC, WWW, IHE, FXI, IYH, SLV, EWA, EWO, EWH, EWM, EPP, EWY, EWT, TUR, EWU, PBE, PXJ, PJP, 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.

$ $ $

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 5/12/22. Cryptocurrency BTC-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 Bitcoin, BTC-USD, on the weekly scale.

The drop from A to B represents a decline from almost 69,000 (A) to 33,000 (B) or 52%. It has recovered to 45,000 or 36%.

Imagine losing half your value, and if you had the fortitude to hold on, you'd have made back a third.

So what's next? The coin shows a potential double bottom at BCD. It'll confirm as a valid chart pattern when the coin closes above peak C. If that happens, then expect the coin to continue rising, perhaps as far as 57,000. That's the height of C to B added to C. The value is an estimate, a guess, so don't put a lot of weight on it. We first have to see a close above peak C.

$ $ $

Here's a symbol list of 72 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ACN, AYI, AEIS, AJRD, ALKS, DOX, AEL, ABC, APA, AMAT, ARW, AIZ, AGO, BCPC, BAX, BERY, BRC, BBW, CBT, CNP, CMI, DSGR, FLEX, IT, GPRO, GES, HAYN, HP, IBP, TILE, KALU, KFRC, KLIC, LRCX, LANC, LEG, LMT, MAS, MDC, MCO, NFG, NXGN, JWN, NUS, OXM, PKE, PAYX, PCG, PINC, KWR, RMBS, RGS, SIGI, SMTC, SHW, LUV, SUM, TKR, TZOO, UNM, VMC, XEL, TUR, 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 5/11/22. 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 red bar is a bearish signal, the green one is bullish, and the white bars are neutral.

The chart shows that the indicator briefly lifted into neutral territory (it lasted only 1 day), it has since returned to bearish territory.

The thin blue line near the bottom of the chart is bearish but it often doesn't stay down there long. So it suggests a rebound. However, the rebound might not amount too much, given that the markets are suffering. You can see a brief rebound in mid April.

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 red and blue lines dropped today compared to a week ago. That's clear from both the chart and the above results.

This chart is bearish and we also have a bearish CPI chart which hints of an upswing. Which side will win (bulls or bears)?

I'll have to say the bears have the upper hand, but future events (like employment numbers or war results) will influence what happens. One of these days, it's going to be a time to buy, so have your cash ready.

$ $ $

Here's a symbol list of 211 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ACN, AYI, AEIS, APD, ATSG, AA, ALKS, AYX, DOX, AMWD, ABC, APH, APA, AMAT, ARW, AGO, AVY, AXS, AZTA, BCPC, BSET, BAX, BZH, BERY, BBY, BIO, BMRN, BKH, BAH, EPAY, BRC, BBW, CBT, CACI, CDNS, CIEN, CLF, CNA, CGNX, CTSH, CMCO, ED, CLR, CRH, CMI, XRAY, D, DOV, DRQ, DTE, BOOM, EVH, FAST, FE, FLEX, FTNT, FCX, FRD, GPS, IT, GPRO, GGG, EVRG, GES, HBI, HE, HAYN, HL, HP, HSIC, DHI, IEX, ITW, IBP, IBKR, IPG, KALU, KELYA, KFRC, KLIC, LHX, LRCX, LEG, LEN, M, MAS, MDC, MDT, MRK, MCO, MS, MLI, MUR, NBR, NFG, NWL, NI, JWN, NUS, NVDA, OGE, ORI, OMCL, OMC, OXM, PANW, PKE, PDCO, PTEN, PCG, PNW, PPG, PEG, PHM, KWR, DGX, RMBS, RJF, RGS, REV, SLB, SCHW, SMG, SEE, SEIC, SMTC, SHW, SKX, SWN, SXI, SCS, SUM, TGT, TPX, TER, TXT, TKR, TOL, RIG, SLCA, UGI, UNM, VFC, VRSN, VMC, WAT, WU, WWW, WDAY, IAI, IYK, ITB, FTEC, QTEC, BOTZ, IYH, IHF, SLV, IGE, IHI, EWA, EWO, EWK, EWC, EEM, EWH, EIS, EWI, EWS, EWL, EWT, EWU, IBB, PPA, DBA, PBE, PXJ, ROBO, IEV, IXN, ILF, MXI, GLD, XHB, XAR, 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.

-- Thomas Bulkowski

Tuesday 5/10/22. Slider Trading Quiz! Polo Ralph Lauren (RL)

$ $ $

I show another slider trading quiz featuring Polo Ralph Lauren: RL stock.

$ $ $

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: ABT, ACN, AYI, AJRD, AA, ALKS, AYX, AEL, AMAT, ATR, AVA, AZTA, BCPC, BSET, BIG, BIIB, BMRN, EPAY, CALM, CENX, CVX, CIEN, CLNE, CLF, CNA, CGNX, CL, CMTL, ED, COTY, DSGR, EVH, EXC, EXPD, FICO, FE, FISV, FTNT, FCX, GPRO, GES, HL, HNI, HUBG, HURC, ILMN, INCY, INFN, IBKR, IVC, JAZZ, JBLU, KMT, KSS, LRCX, LXU, MAN, MRTN, MTRX, MDT, FB, MCO, MUR, NBR, CNR, JWN, OXM, PANW, PATK, PTEN, RJF, RGS, RNG, SCHW, SMTC, SKX, SWN, SXI, SCS, SUM, SRDX, TFX, TDC, TXT, RIG, TG, VRSN, VRTX, WSO, WERN, WOLF, WDAY, XEL, IAI, IYC, IYE, QTEC, FXI, BOTZ, IYH, IHF, SLV, IEO, IHI, EWA, EWO, EWK, EWC, ECH, EEM, EWQ, EWG, EWH, EIS, EWI, EWJ, EWM, EWW, EPP, EWS, EZA, EWY, EWP, EWD, EWL, EWT, THD, EWU, IBB, PPA, DBA, PBE, PJP, ROBO, IEV, IXC, ILF, MXI, GLD, XAR, 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 Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski

Monday 5/9/22. 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 picture of the Dow utilities on the daily scale.

I drew a few lines, so let's start with the red one. This trendline starts from the left of the chart, connecting a few peaks at the start. I extended it to the right and adjusted it so that it lined up with price on the far right.

The line is an approximation, in that the line comes close to peaks or valleys where you'd expect to see support or resistance, which happens.

The green circle is what's called the corrective phase of a measured move up chart pattern. The corrective phase is a known support area and we see that here, too.

I say that because of the green horizontal line shows support (the area around the line).

What does this mean? It suggests but does not guarantee that the index will continue to find support here and rise.

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 86 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACN, AYI, APD, ALB, AA, AEL, AFG, AMGN, ANIK, AVA, AZTA, BCPC, BSET, BIIB, EPAY, BMY, CALM, CF, CIEN, CLNE, CLF, CGNX, COP, GLW, COTY, CROX, BOOM, EIX, FICO, FAST, FE, FCX, GIS, GNW, GPRO, HSY, IDXX, ILMN, INFN, IIIN, TILE, IVC, JBLU, KMT, KLIC, LLY, LMT, L, LXU, MTRX, FB, MGEE, NTAP, NKE, JWN, NWPX, OMCL, PATK, PPL, PEG, ROG, SRE, SKX, SO, SCCO, SUM, SRDX, TDC, TG, UNM, VFC, WRB, WEX, IYC, EWO, EWH, EWM, EZA, EWD, EWL, IXC, USO, 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 5/6/22. Pattern Trading Setups for the Weekend.

$ $ $

Here's a symbol list of 79 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACN, ADTN, APD, ALB, AEL, AFG, ANIK, APOG, ADM, ADP, BBBY, BBY, EPAY, CALM, CENX, CF, CTSH, COTY, CROX, CCRN, D, EPAM, EZPW, FAST, FE, FIVN, FCX, FRD, GNW, HL, IDXX, INFN, IIIN, NVTA, LAMR, LNC, LXU, MNDT, FB, MUR, ^IXIC, NOV, CNR, NTGR, NJR, NWPX, OTEX, PATK, RGS, REV, ^GSPC, SIGI, SCCO, SXI, SRDX, SLCA, WMB, IYC, IEZ, FXL, FXI, BOTZ, EWO, EWZ, EWC, EWI, EWT, TUR, PXJ, IEV, IXN, UNG, USO, 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.

$ $ $

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 5/5/22. 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.

Peaks A and B mark the tops of a double top chart pattern. It confirms as a valid chart pattern when the index closed below the valley between A and B. However, the drop didn't amount to much (about a third of what it should have to meet the measure rule target. The target is the height of the pattern subtracted from the low in the valley between the two peaks).

I also show a head-and-shoulders bottom with RS being the right shoulder. The left shoulder is farther away from the head than RS, but it's close enough. The pattern predicts a rise when it closed above C. It suggests an additional rise of about 200 points.

$ $ $

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: AYI, ADTN, AJRD, APD, AKAM, ALB, DOX, AEO, AEL, APOG, AVNT, AVA, BOOT, CDNS, CLNE, CLX, CNA, CGNX, COTY, CCK, BOOM, WIRE, EOG, FIVN, GNW, HQY, HTLD, HSY, HNI, IDXX, INFN, IIIN, IPAR, TILE, NVTA, KBAL, LXU, FB, CNR, NTGR, OMCL, PTEN, PINC, RGS, SAIA, SMG, SLGN, SR, SXI, RIG, VLO, VMC, WERN, WLK, IYM, IYE, IHE, FXI, EWI, EWP, TUR, EWU, DBA, IXC, XLE, UNG, USO, 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 5/4/22. A Look At Indicators: More Bullish

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 has climbed to the neutral territory for the last 2 sessions (Monday and Tuesday). You can't see it on the chart because I don't highlight the neutral zone.

Look at the thin blue CPI line at the bottom of the chart. It's made a nice climb off a failure swing, which is bullish.

Even though the most recent vertical bar is bearish, the chart is looking good to me. I expect a positive move after the FED announces their rate hike tomorrow.

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 two lines, the blue and red ones, have climbed off their recent lows. That's also a bullish turn. I still don't like the very-long downtrend (from left of chart to right).

I still have a hunch that the next move will be upward. Another guess and I've been wrong often enough recently. Indeed, this downturn took me by surprise and I don't really believe that the drop should have been as steep as it has been.

$ $ $

For those Patternz users, I'm still working on fixing the problems introduced by yahoo. I've an experimental version you can try. I'll release a new version as soon as it settles down into a stable state.

$ $ $

Here's a symbol list of 70 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, AMED, AEL, AMGN, BCPC, BIIB, CACI, CNO, COP, COTY, CCRN, CSGS, DHR, DVN, DDS, DFS, EL, EZPW, FICO, FIVN, FTNT, FRD, GNW, HLIT, HSC, HQY, HNI, IEX, IBKR, KALU, KSS, KLIC, RAMP, M, MRO, MRTN, MRK, FB, NTGR, PKE, PINC, RGS, ROK, SUM, TKR, VC, WAT, WSO, WLK, WEX, WSM, XEL, IEZ, FXI, IEO, EWW, DBA, PEJ, PXJ, 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.

-- Thomas Bulkowski

Tuesday 5/3/22. Slider Trading Quiz!

$ $ $

I show another slider trading quiz featuring Oxford Industries: OXM stock.

$ $ $

Patternz broke again, with the same hang error found this time by Naresh Kumar, but using a different path. You can find the latest release to fix the problem here. Thanks Naresh for reporting this.

$ $ $

Here's a symbol list of 107 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, ANF, ACN, AYI, AEIS, AJRD, ALRM, DOX, AEO, ARW, AGO, AVY, AVA, BCPC, BSET, BMRN, BKH, CNP, CRL, CNA, CGNX, CL, CLR, COTY, CSGS, DECK, EXC, FAST, FIVN, FLS, FMC, FORM, FCX, FDP, GFF, HLIT, HIG, HAYN, HNI, INCY, INFN, TILE, IVC, JBLU, KMT, KFRC, LXU, MTSI, MRK, MU, MCO, MS, NBR, NJR, NEU, NVDA, OXY, OGE, ORI, PYPL, PETS, PFE, PNW, PLXS, PPG, RJF, RGS, ROG, SAIC, SEE, SCCO, TDOC, TEVA, VFC, VEEV, VRSN, WRB, IYC, SLV, EWA, EWZ, EIS, EPP, EWD, THD, TUR, PPA, DBA, PBE, PEJ, IEV, ILF, MXI, XLP, GLD, XLI, XLB, 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 5/2/22. 2022 Forecast Update

$ $ $

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

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: MMM, ABT, ALB, AA, AMZN, DOX, AEO, ANIK, AGO, AVY, AVA, BCPC, BLL, BERY, BIIB, BKH, BMY, CALM, CLS, CNP, CF, CHD, CGNX, CL, CLR, CSGS, DVN, EQT, XOM, FLEX, FMC, FRD, GILD, HLIT, HIG, HE, HL, IEX, ILMN, INTC, IVC, NVTA, KMT, LEG, LXU, MRTN, MGEE, MS, MOS, MUR, NBR, NFG, NOV, NJR, OXY, ORI, OLN, OMC, PKG, PETS, PCG, PNW, PHM, RJF, RGS, SAIC, SUM, TPR, TFX, TKR, RIG, TZOO, VRSN, WU, WLK, ITA, IYM, IYC, IYE, IEZ, FXI, ICF, SLV, IGE, EWA, EWO, EWK, EWZ, EWC, EEM, EWQ, EWG, EWI, EWJ, EWW, EPP, EWD, EWL, PPA, DBA, PEJ, PJP, PHO, IEV, ILF, MXI, XLE, XHB, XLB, XRT, 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.

Based on sector performance from Fidelity, the best performing sectors for year-to-date performance as of 29 March 2022 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 4/22/22.

Here's how they rank the industries, but only the top 10 appear. One-year change, as of 4/29. The numbering is how they ranked a month ago.

-- Thomas Bulkowski