Bulkowski's Blog: ThePatternSite.com
As of 02/25/2026
  Indus: 49,482 +307.65 +0.6%  
  Trans: 19,320 -124.84 -0.6%  
  Utils: 1,181 +2.88 +0.2%  
  Nasdaq: 23,152 +288.40 +1.3%  
  S&P 500: 6,946 +56.06 +0.8%  
YTD
 +3.0%  
 +11.3%  
 +10.6%  
-0.4%  
 +1.5%  
  Targets    Overview: 02/13/2026  
  Up arrow50,500 or 48,300 by 03/01/2026
  Up arrow20,200 or 18,150 by 03/01/2026
  Up arrow1,250 or 1,125 by 03/01/2026
  Up arrow24,750 or 22,000 by 03/01/2026
  Up arrow7,250 or 6,600 by 03/01/2026
As of 02/25/2026
  Indus: 49,482 +307.65 +0.6%  
  Trans: 19,320 -124.84 -0.6%  
  Utils: 1,181 +2.88 +0.2%  
  Nasdaq: 23,152 +288.40 +1.3%  
  S&P 500: 6,946 +56.06 +0.8%  
YTD
 +3.0%  
 +11.3%  
 +10.6%  
-0.4%  
 +1.5%  
  Targets    Overview: 02/13/2026  
  Up arrow50,500 or 48,300 by 03/01/2026
  Up arrow20,200 or 18,150 by 03/01/2026
  Up arrow1,250 or 1,125 by 03/01/2026
  Up arrow24,750 or 22,000 by 03/01/2026
  Up arrow7,250 or 6,600 by 03/01/2026

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Older Headlines

Archives


Thursday 2/26/26. A look at Bitcoin (BTC-USD)

The Nasdaq climbed by 1.3% or 288.4 points. Since 02/05/1971 the Nasdaq made 178 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.9% on 113 occasions.
     Average loss was -1.0% on 65 occasions.
Expect the Nasdaq to close higher 63.5% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Nasdaq closing higher has been right 304/556 or 54.7% of the time.
     The prediction of the Nasdaq closing lower has been right 88/184 or 47.8% of the time.

$ $ $

Picture of bitcoin.

I show a picture of bitcoin on the daily scale.

The cryptocurrency has struggled over the past year. According to yahoo, it's down 23% over that period and down 22% so far this year.

Let's look at some of the chart patterns shown in the chart, starting with AB, which is a double top. Line C is the confirmation line. When the coin closed below the line, it confirms the double top as valid. In this case, the coin (currency, really) only dropped to D, so the bearish pattern was a dud.

To the right of that, we see a head-and-shoulders top. I show that as LS (left shoulder), head, and right shoulder (RS). The coin made a substantial drop after this pattern confirmed. Confirmation happens when the coin closes below the low price posted between the head and right shoulder.

In green is another head-and-shoulders top, but it's not perfect. The right shoulder looks as if it has a birth defect. It's too far below the left shoulder, but in the markets, it's rare to find a perfect looking pattern. Regardless, the pattern confirms (closes below the green line) and the coin made a nice drop to 1 (so far).

Now, it appears the coin is forming a base, the sideways move fron the February low. There's the potential of a double bottom forming. You have two valleys (1, 2). If the coin closes above the red line, it would confirm the double bottom and suggest, but not guarantee, that the price of the currency will rise.

Alternatively, the coin could drop below support and plunge.

$ $ $

Here's a symbol list of 175 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ACH, ADBE, AMD, AKAM, ALK, ALB, ALKS, AXP, AMN, APOG, AMAT, ARCB, ADM, AWI, ASH, ADP, BMI, BSET, BZH, BRC, BLDR, BG, CE, CNP, CRL, CVX, CI, CLNE, CMTL, CAG, COP, GLW, CSGP, CRH, CCRN, CCK, CSGS, DOV, EXP, EMN, EME, EOG, EPAM, EG, FDS, FICO, FAST, FDX, FIS, FORM, FWRD, GD, GL, GGG, GFF, HNI, HD, HON, HOV, HUN, HURC, IEX, IDXX, ITW, INCY, IBP, ISRG, JAZZ, KMB, KLAC, KSS, LH, LRCX, LDOS, LEN, LOW, MRTN, MLM, MTRN, MRK, MLKN, MCO, MOS, MLI, MUR, NFG, NOV, NFLX, NTGR, NUS, NTNX, NVDA, ON, ORCL, OR, PANW, PPG, PPL, PSTG, KWR, RTX, RNG, RCKY, RES, SAIA, CRM, SMG, SHOP, SGI, SR, SNPS, TECH, TDOC, TEVA, TXT, TTD, TOL, RIG, TZOO, TG, UHAL, UPS, VECO, VMC, WAT, WSO, WERN, WSC, XEL, IYE, FDN, QTEC, BOTZ, IYH, IHF, IAT, IEV, IXN, SOXX, SLV, IEO, EWA, EWO, EWZ, ECH, EEM, EWG, EWI, EWJ, EPP, EZA, EWY, EWP, EWT, THD, EWU, PBE, PJP, SSO, SMH, VHT. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

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

Top

© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  21,400.86    
 Weekly S2  22,093.79  692.93   
 Monthly S1  22,276.47  182.68   
 Weekly S1  22,622.94  346.47   
 Weekly Pivot  22,785.90  162.96   
 Daily S2  22,943.83  157.92   
 Low  23,004.69  60.86   
 Open  23,005.01  0.32   Yes! The Open is close to the Low.
 Daily S1  23,047.95  42.94   
 61.8% Down from Intraday High  23,067.72  19.76   
 50% Down from Intraday High  23,087.19  19.47   
 38.2% Down from Intraday High  23,106.65  19.47   
 Daily Pivot  23,108.82  2.16   Yes! The Daily Pivot is close to the 38.2% Down from Intraday High.
 Monthly Pivot  23,132.37  23.55   
 Close  23,152.08  19.71   
 High  23,169.68  17.60   
 Daily R1  23,212.94  43.26   
 Daily R2  23,273.81  60.86   
 Weekly R1  23,315.05  41.24   
 Weekly R2  23,478.01  162.97   
 Monthly R1  24,007.98  529.97   
 Monthly R2  24,863.88  855.90   

Wednesday 2/25/26. A Look at the Chart Pattern Indicator (CPI)

Picture of the chart pattern indicator

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 neutral. That shows by the vertical white bar on the far right of the chart, with a value of 59. The tariff issue is pushing around the index.

I show the indicator in the inset on the lower right of the chart. The indicator seems to be range bound as it bounces between the two violet horizontal lines.

The channel formed by the two lines suggests the indicator will rise to the top one. If that happens, it would mean the index is rising again. That rise might not last long, though.

Notice that the length of the top violet line matches the horizontal move of the index. Sooner or later, the horizontal move will breakout either upward or downward. The direction might depend on what Trump does. If he strikes Iran, the index could tumble, especially after Iran retaliates.

$ $ $

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: ANF, ACH, AMD, APD, AKAM, ALB, ALL, AMWD, AMN, AR, ADM, ANET, BSET, BMRN, BRKR, CBT, CPB, CE, CNC, CENX, CRL, CAG, CSGP, CRH, CCRN, CMI, CW, DVN, FANG, BOOM, EQT, EVH, FICO, GME, GE, GIS, GNW, GFS, HQY, HSIC, HOLX, HUN, INTC, IPI, INTU, KEYS, KMB, KSS, LAMR, LEN, LOW, MTDR, MTRN, MTRX, MRCY, MCO, MOS, MUR, MYGN, NFG, NEU, NTNX, ON, OR, OUT, PKE, PEN, PFE, PLXS, PPG, KWR, DGX, RRC, RLI, RHI, ROG, RGLD, SKYW, SR, SPSC, TPR, TXN, TKR, TG, TWLO, VECO, VC, WAT, WSO, WU, WLK, WSC, XEL, ITA, IAI, IYC, BOTZ, IAT, IEV, SLV, EWA, EWK, EWC, EWY, EWL, EWT, PPA, PHO, XLF, XLI, XAR, UNG, VIS. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

-- Thomas Bulkowski

Top


Tuesday 2/24/26. Slider Trading Quiz!

The Dow dropped by -1.7% or -821.91 points. Since 10/01/1928 the Dow made 117 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 1.5% on 53 occasions.
     Average loss was -0.9% on 64 occasions.
Expect the Dow to close lower 54.7% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Dow closing higher has been right 329/600 or 54.8% of the time.
     The prediction of the Dow closing lower has been right 63/128 or 49.2% of the time.

$ $ $

I show another slider trading quiz featuring Public Service Enterprise Group: PEG (actual trade) .

$ $ $

Here's a symbol list of 148 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ACIW, AYI, AFL, ALB, AEO, AMWD, ANIK, AR, APOG, AAPL, ARCB, ANET, ADSK, AVA, BMRN, BFH, BG, CALM, COR, CNC, CINF, CLF, CNX, CMCO, CMTL, GLW, CCRN, CSGS, CTS, DVN, FANG, DSGR, ^DJT, EMR, EQT, EVRG, EZPW, FICO, FISV, FTV, FWRD, FNV, GME, GIS, GFF, THG, HIG, HTLD, HSIC, HNI, HUBG, ITW, NSP, IIIN, PODD, INTU, KBH, KMB, LH, LEG, LLY, RAMP, L, LOW, MAN, MAS, MTDR, MU, NFG, NTGR, NWL, NEE, NWPX, NUS, NTNX, OMC, OTEX, ORCL, OR, OUT, PKG, PCTY, POR, RL, RMBS, RRC, RCKY, RGLD, RES, CRM, SBH, SEIC, SCI, NOW, SGI, SR, SPSC, TOL, TG, UNH, VRSN, VRTX, WRB, WMT, WSO, WU, WPM, WSM, WDAY, XEL, IYC, IHE, FXL, IYH, IAT, IGV, SLV, IGE, IEO, DBA, XLP, XLF, GLD, XLV, UNG, VHT. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

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

Top

© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  47,163.67    
 Monthly S1  47,983.86  820.20   
 Daily S2  48,112.89  129.03   
 Daily S1  48,458.48  345.58   
 Weekly S2  48,547.52  89.04   Yes! The Weekly S2 is close to the Daily S1.
 Weekly S1  48,675.79  128.27   
 Low  48,731.46  55.67   Yes! The Low is close to the Weekly S1.
 Close  48,804.06  72.60   Yes! The Close is close to the Low.
 Daily Pivot  49,077.04  272.98   
 61.8% Down from Intraday High  49,099.77  22.72   Yes! The 61.8% Down from Intraday High is close to the Daily Pivot.
 50% Down from Intraday High  49,213.54  113.77   
 Monthly Pivot  49,248.33  34.79   Yes! The Monthly Pivot is close to the 50% Down from Intraday High.
 Weekly Pivot  49,286.55  38.22   Yes! The Weekly Pivot is close to the Monthly Pivot.
 38.2% Down from Intraday High  49,327.30  40.75   Yes! The 38.2% Down from Intraday High is close to the Weekly Pivot.
 Weekly R1  49,414.82  87.52   Yes! The Weekly R1 is close to the 38.2% Down from Intraday High.
 Daily R1  49,422.63  7.80   Yes! The Daily R1 is close to the Weekly R1.
 Open  49,536.54  113.91   
 High  49,695.61  159.07   
 Weekly R2  50,025.58  329.97   
 Daily R2  50,041.19  15.61   Yes! The Daily R2 is close to the Weekly R2.
 Monthly R1  50,068.52  27.33   Yes! The Monthly R1 is close to the Daily R2.
 Monthly R2  51,332.99  1,264.46   

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