Bulkowski's Blog

As of 04/01/2026

Indus: 46,566 +224.23 +0.5%

Trans: 18,929 +319.56 +1.7%

Utils: 1,165 +6.34 +0.5%

Nasdaq: 21,841 +250.32 +1.2%

S&P 500: 6,575 +46.80 +0.7%

YTD

-3.1%

+9.1%

-6.0%

-3.9%

Targets Overview: 03/30/2026

44,000 or 47,000 by 04/15/2026

17,100 or 19,100 by 04/15/2026

1,200 or 1,120 by 04/15/2026

20,000 or 22,400 by 04/15/2026

6,200 or 6,675 by 04/15/2026

Chart Pattern Indicator:

on 3/31/26

As of 04/01/2026

Indus: 46,566 +224.23 +0.5%

Trans: 18,929 +319.56 +1.7%

Utils: 1,165 +6.34 +0.5%

Nasdaq: 21,841 +250.32 +1.2%

S&P 500: 6,575 +46.80 +0.7%

YTD

-3.1%

+9.1%

-6.0%

-3.9%

Targets Overview: 03/30/2026

44,000 or 47,000 by 04/15/2026

17,100 or 19,100 by 04/15/2026

1,200 or 1,120 by 04/15/2026

20,000 or 22,400 by 04/15/2026

6,200 or 6,675 by 04/15/2026

Chart Pattern Indicator:

on 3/31/26

Recent Headlines

Thursday 4/2/26. Intraday Market Direction: Nasdaq
Wednesday 4/1/26. 2026 Market Forecast Update
Tuesday 3/31/26. Slider Trading Quiz! Northwest Pipe: NWPX (1-2-3 trend change, 2B)
Monday 3/30/26. Market Monday: The Week Ahead
Friday 3/27/26. Pattern Trading Setups for the Weekend.

Picture of 'Invest for two-comma wealth, second edition' book.

Older Headlines

Thursday 4/2/26. Intraday Market Direction: Nasdaq

The Nasdaq climbed by 1.2% or 250.32 points. Since 02/05/1971 the Nasdaq made 192 similar moves on a percentage basis. After those moves, the next day's...

Average gain was 0.7% on 120 occasions.

Average loss was -1.0% on 72 occasions.

Expect the Nasdaq to close higher 62.5% of the time.

Weekly, since inception on 6/14/2011:

The prediction of the Nasdaq closing higher has been right 304/560 or 54.3% of the time.

The prediction of the Nasdaq closing lower has been right 89/185 or 48.1% of the time.

$ $ $

Picture of the Nasdaq composite on the 5 minute scale.

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

At A, we see a chart pattern called a triple bottom. In this case, the index didn't rise far (to B) before reversing and tumbling.

I drew trendline C to see how the peaks lined up. When the index crosses the down trendline (the green one), it signals an upward move, one of three conditions to set a new trend. However, the upward move might not last long.

I drew trendline D to line up the bottoms, this time to see when the uptrend changes to down. We see that the index is following the trendline higher. It might plunge through the trendline or it could bounce off it and rise. Take your pick.

$ $ $

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: DDD, ABT, ACH, ACIW, AEE, AEP, AVNT, AVA, BMI, BCPC, BIO, BAH, BFH, BMY, BBW, CPB, CX, CRL, CHD, CIEN, CNX, CMCO, GLW, CSGP, CR, ^DJU, DTE, DUK, EXP, EVRG, EXC, EZPW, FNV, FCX, GD, GPN, GS, GOOGL, HL, HSY, HUN, IDA, IPAR, IPI, KALU, LRCX, LEN, LMT, LPLA, MRTN, META, MCO, MOS, NFLX, NTGR, NWPX, ORI, OR, OXM, PKG, PKE, PYPL, PNW, POR, RLI, ROG, RGLD, SAIA, SCHW, SAIC, SEE, SEIC, SRE, SO, SCCO, SR, TEVA, TKR, TG, UHAL, UNM, VEEV, VRSN, V, WLK, WPM, WMB, IYM, IYK, IHE, IYH, IEV, MXI, ILF, IYF, EWA, EWO, EWK, EWC, EWQ, EWG, EWI, EWJ, EWM, EWW, EPP, EWS, EZA, EWY, EWP, EWD, EWL, EWT, EWU, IBB, PBE, PJP, ROBO, GLD, UNG, VHT, 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.

$ $ $

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

© 2026 ThePatternSite.com Metric	Value	Diff	Close (within 10% of the high-low range for the day)?
Monthly S2	19,713.77
Weekly S2	20,367.33	653.56
Monthly S1	20,777.36	410.03
Weekly S1	21,104.14	326.78
Daily S2	21,589.90	485.76
Weekly Pivot	21,646.74	56.84
Daily S1	21,715.42	68.68
Low	21,723.72	8.30	Yes! The Low is close to the Daily S1.
Open	21,742.79	19.07	Yes! The Open is close to the Low.
61.8% Down from Intraday High	21,822.79	80.00
Close	21,840.95	18.16	Yes! The Close is close to the 61.8% Down from Intraday High.
Daily Pivot	21,849.25	8.30	Yes! The Daily Pivot is close to the Close.
50% Down from Intraday High	21,853.39	4.15	Yes! The 50% Down from Intraday High is close to the Daily Pivot.
38.2% Down from Intraday High	21,884.00	30.60
Monthly Pivot	21,973.52	89.52
Daily R1	21,974.77	1.25	Yes! The Daily R1 is close to the Monthly Pivot.
High	21,983.07	8.30	Yes! The High is close to the Daily R1.
Daily R2	22,108.60	125.53
Weekly R1	22,383.55	274.95
Weekly R2	22,926.15	542.60
Monthly R1	23,037.11	110.96
Monthly R2	24,233.27	1,196.16

Wednesday 4/1/26. 2026 Market Forecast Update

Here's the link to the 2026 market forecast update, presented in slider format.

$ $ $

Here's a symbol list of 262 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, MMM, ACIW, AYI, AES, ALRM, ALK, ALKS, ALGT, AMZN, DOX, AEO, AEP, AME, AMGN, AMN, APH, AR, APOG, AWI, ASH, ATO, ADP, AVY, AVNT, AVA, BCPC, BALL, BAX, BIO, BMRN, BA, BAH, BSX, BRC, BCO, BBW, BLDR, CACI, CDNS, CPB, COR, CRL, CHD, CLX, CNX, CL, CMCO, CMTL, COP, COTY, CR, CRH, CCK, CTS, CMI, XRAY, DVN, DDS, ^DJT, ^DJI, DOV, DUK, EXP, EBAY, ELV, EME, EMR, EPAM, EXC, EXPD, FDS, FAST, FDX, FTV, FWRD, GME, GS, GOOGL, GGG, GFF, HD, HON, DHI, HOV, HWM, HUN, HURC, IEX, IDXX, INCY, IIIN, ITGR, IBKR, TILE, IPI, ISRG, IRM, JAZZ, KALU, KBH, KELYA, KSS, LH, LRCX, LAMR, LEG, LLY, LNC, MHO, M, MGY, MLM, MAS, MTDR, MSFT, MS, MLI, MUR, NBR, ^IXIC, NFLX, NJR, NWL, NKE, NWPX, NOVT, NUS, ORI, OMCL, ON, ORCL, OR, OUT, OXM, PKG, PKE, PTEN, PEN, PGR, PHM, QCOM, DGX, RL, RRC, RJF, ROK, ROST, RGLD, RES, R, ^GSPC, SBH, SLB, SHW, SHOP, SLGN, SKYW, SGI, SO, SCCO, LUV, SR, SXI, SSYS, TPR, TEVA, TXN, TTD, TKR, TJX, TOL, RIG, TZOO, TREX, UHAL, UPS, VFC, VMI, VC, WMT, WSO, WERN, WSM, WSC, WWW, WWD, IYM, IAI, IYC, IHE, DDM, FTEC, FDN, QTEC, FXL, FXI, AIQ, BOTZ, QQQ, ICF, IYH, IHF, IAT, IEV, IGV, MXI, IXN, ILF, SLV, IEO, ITB, IHI, EWA, EWO, EWK, EWZ, EWC, ECH, EWQ, EWH, EIS, EWI, EWJ, EWM, EPP, EWS, EZA, EWP, EWD, EWT, THD, TUR, EWU, QLD, PEJ, PJP, PHO, SSO, ROBO, XLY, XLV, XHB, XLI, XRT, SPY, VHT, VIS, VAW, MGK, 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.

-- Thomas Bulkowski

Tuesday 3/31/26. Slider Trading Quiz!

The Dow climbed by 0.1% or 49.5 points. Since 10/01/1928 the Dow made 1447 similar moves on a percentage basis. After those moves, the next day's...

Average gain was 0.5% on 743 occasions.

Average loss was -0.6% on 704 occasions.

Expect the Dow to close higher 51.3% of the time.

Weekly, since inception on 6/14/2011:

The prediction of the Dow closing higher has been right 330/604 or 54.6% of the time.

The prediction of the Dow closing lower has been right 63/129 or 48.8% of the time.

$ $ $

I show another slider trading quiz featuring Northwest Pipe: NWPX (1-2-3 trend change, 2B). .

$ $ $

Here's a symbol list of 181 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ABM, ACN, AEIS, AMD, APD, ALK, ALKS, ALGT, AMZN, APH, AR, AMAT, ARCB, ACGL, ADM, AIZ, ATO, ADP, BBY, BKH, BA, BR, CACI, CALM, CAL, CLS, CX, CENX, CRL, CHKP, CIEN, CINF, CTAS, CLNE, CNX, CGNX, COP, GLW, CCK, CSGS, CTS, CW, DHR, DVN, ^DJI, EIX, EME, EMR, EFX, EZPW, FFIV, FICO, FDX, FLEX, FLS, FCX, FDP, FRD, GFS, THG, HIG, HOLX, INTC, IRM, JKHY, KMT, KEYS, KLAC, KLIC, LRCX, LNC, MTSI, M, MGY, MRTN, MTDR, MTRN, MTRX, MRK, MGEE, MCO, MUR, NBR, ^IXIC, NEU, NI, NOC, NWPX, NVDA, ON, ORCL, OXM, PKG, PANW, PKE, PTEN, PEN, PCG, PLXS, POR, PG, PSTG, RRC, ROK, ROG, ROL, ROST, RES, ^GSPC, SAIA, SLB, SEIC, SR, SSYS, TER, RIG, TZOO, UPS, VFC, VC, WRB, WWW, WDAY, XEL, ZBRA, ITA, IAI, IYC, IEZ, DDM, FTEC, FDN, QTEC, FXL, AIQ, BOTZ, QQQ, IHF, IXN, IEO, EWA, EWO, EWC, EWG, EWH, EIS, EWM, EWW, EPP, EWL, EWT, QLD, PPA, PBE, PEJ, PXJ, PJP, PHO, SSO, ROBO, XLY, SPY, XAR, XLK, USO, MGK, 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 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

© 2026 ThePatternSite.com Metric	Value	Diff	Close (within 10% of the high-low range for the day)?
Monthly S2	41,946.34
Monthly S1	43,581.24	1,634.90
Weekly S2	44,010.88	429.64
Weekly S1	44,613.51	602.63
Daily S2	44,731.25	117.74
Daily S1	44,973.70	242.45
Low	45,057.28	83.59
Close	45,216.14	158.86
61.8% Down from Intraday High	45,274.44	58.30
Open	45,283.06	8.62	Yes! The Open is close to the 61.8% Down from Intraday High.
Daily Pivot	45,299.73	16.67	Yes! The Daily Pivot is close to the Open.
50% Down from Intraday High	45,341.52	41.79	Yes! The 50% Down from Intraday High is close to the Daily Pivot.
38.2% Down from Intraday High	45,408.60	67.08
Daily R1	45,542.17	133.57
High	45,625.76	83.59
Weekly Pivot	45,665.96	40.20	Yes! The Weekly Pivot is close to the High.
Daily R2	45,868.21	202.24
Weekly R1	46,268.60	400.39
Monthly Pivot	46,698.23	429.63
Weekly R2	47,321.05	622.82
Monthly R1	48,333.13	1,012.07
Monthly R2	51,450.12	3,116.99

Monday 3/30/26. Market Monday: The Week Ahead

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

My Prediction

Picture of the Dow industrials on the daily scale.

This is the Dow industrials on the weekly scale.

The horizontal red line is a potential support area, based on prior peaks.

Below that are two knots, which I show circled in green. Knots are potent support and resistance areas. If the index continues to drop, which is what I expect will happen, it might reverse when it reaches a knot. However, because Trump is driving the market, there's no telling what he'll crash into.

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.

Monday: Up 631 points.

Tuesday: Down 84.41 points.

Wednesday: Up 305.43 points.

Thursday: Down 469.38 points.

Friday: Down 793.47 points.

For the Week...

The Dow industrials were down 410.83 points or 0.9%.

The Nasdaq composite was down 699.25 points or 3.2%.

The S&P 500 index was down 137.63 points or 2.1%.

Year to Date...

Dow Industrials

10.6% down from the high of 50,512.79 on 02/10/2026.

0.2% up from the low of 45,063.33 on 03/27/2026.

Nasdaq

12.7% down from the high of 23,988.27 on 01/28/2026.

0.2% up from the low of 20,909.93 on 03/27/2026.

S&P 500

9.0% down from the high of 7,002.28 on 01/28/2026.

0.2% up from the low of 6,356.08 on 03/27/2026.

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.

Index	S2	S1	Pivot	R1	R2
Dow Industrials (^DJI): Daily	44,537	44,852	45,378	45,693	46,219
Weekly	43,994	44,581	45,649	46,236	47,305
Monthly	41,930	43,548	46,682	48,300	51,434
S&P500 (^GSPC): Daily	6,295	6,332	6,393	6,430	6,491
Weekly	6,163	6,266	6,459	6,562	6,754
Monthly	5,963	6,166	6,559	6,762	7,156
Nasdaq (^IXIC): Daily	20,667	20,808	21,051	21,191	21,434
Weekly	20,070	20,509	21,349	21,788	22,629
Monthly	19,416	20,182	21,676	22,442	23,936

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:

Pivot point: P = (H + L + C)/3

First resistance level: R1 = (2 * P) - L

First support level: S1 = (2 * P) - H)

Second resistance level: R2 = P + (R1 - S1)

Second support level: S2 = P - (R1 - S1)

H = high price , L=low price, C=closing price

Earnings, Chart Patterns & Industries

Earnings season is over.

Here's a symbol list of 156 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ABT, AFL, ALGT, ALL, AFG, AIG, AMGN, AON, AAPL, AMAT, ARCB, ACGL, AGO, ATO, BIO, BIIB, BMRN, BA, BMY, BG, CACI, CALM, CAL, CENX, CHD, CI, CLNE, CLF, CNA, CAG, CSGP, CR, CRH, CTS, CMI, ^DJI, ECL, EIX, ELV, FDX, FIS, FISV, FMC, FTNT, FRD, GIS, GFS, GL, GOOGL, HIG, HON, HWM, ILMN, INCY, IIIN, IPI, IRM, JAZZ, LRCX, RAMP, L, M, MRTN, MTDR, META, MSFT, MUR, ^IXIC, NEU, NOC, NVDA, ON, ORCL, PANW, PTEN, PEN, PFE, PRU, PEG, PSTG, RLI, ROST, ^GSPC, SAIA, SLB, SMG, SEIC, SKYW, SR, SNPS, TFX, TTD, RIG, TRV, TREX, UIS, UNM, WAT, WPM, WSM, ITA, IAI, IYC, DDM, FTEC, FDN, QTEC, FXL, FXI, AIQ, BOTZ, QQQ, IYH, IHF, IGV, IXN, SOXX, EWO, EWK, EEM, EWG, EWH, EIS, EWJ, EWY, EWP, EWD, EWT, TUR, QLD, PPA, DBA, PBE, PHO, SSO, XLY, GLD, SPY, XAR, XLK, USO, SMH, MGK, 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.

This Week	Last Week
1. Oilfield Svcs/Equipment	1. Oilfield Svcs/Equipment
2. Telecom. Equipment	2. Telecom. Equipment
3. Petroleum (Producing)	3. Semiconductor Cap Equip.
4. Semiconductor Cap Equip.	4. Semiconductor
5. Semiconductor	5. Petroleum (Producing)
6. Petroleum (Integrated)	6. Petroleum (Integrated)
7. Natural Gas (Diversified)	7. Natural Gas (Diversified)
8. Metals and Mining (Div.)	8. Machinery
9. Machinery	9. Air Transport
10. Biotechnology	10. Metals and Mining (Div.)
Best Performing Above	Worst Performing Below
50. Building Materials	50. Healthcare Information
51. Healthcare Information	51. IT Services
52. Furn/Home Furnishings	52. Internet
53. Toiletries/Cosmetics	53. Furn/Home Furnishings
54. IT Services	54. Homebuilding
55. Information Services	55. Building Materials
56. Internet	56. Information Services
57. Human Resources	57. E-Commerce
58. E-Commerce	58. Computer Software and Svcs
59. Investment Co. (Domestic)	59. Investment Co. (Domestic)
60. Computer Software and Svcs	60. Human Resources

-- Thomas Bulkowski

Recent Headlines

Older Headlines

Archives

Thursday 4/2/26. Intraday Market Direction: Nasdaq

Wednesday 4/1/26. 2026 Market Forecast Update

Tuesday 3/31/26. Slider Trading Quiz!

Monday 3/30/26. Market Monday: The Week Ahead

My Prediction

A Brief Look Back

For the Week...

Year to Date...

Options Expiration

Swing Traders: Pivot Points

Earnings, Chart Patterns & Industries

Archives