Bulkowski's Blog: ThePatternSite.com
As of 09/10/2025
  Indus: 45,491 -220.42 -0.5%  
  Trans: 15,544 -55.86 -0.4%  
  Utils: 1,091 +16.10 +1.5%  
  Nasdaq: 21,886 +6.57 +0.0%  
  S&P 500: 6,532 +19.43 +0.3%  
YTD
 +6.9%  
-2.2%  
 +11.0%  
 +13.3%  
 +11.1%  
  Targets    Overview: 08/29/2025  
  Up arrow46,700 or 43,200 by 09/15/2025
  Up arrow16,700 or 15,200 by 09/15/2025
  Up arrow1,150 or 1,050 by 09/15/2025
  Up arrow22,700 or 21,000 by 09/15/2025
  Up arrow6,700 or 6,300 by 09/15/2025
As of 09/10/2025
  Indus: 45,491 -220.42 -0.5%  
  Trans: 15,544 -55.86 -0.4%  
  Utils: 1,091 +16.10 +1.5%  
  Nasdaq: 21,886 +6.57 +0.0%  
  S&P 500: 6,532 +19.43 +0.3%  
YTD
 +6.9%  
-2.2%  
 +11.0%  
 +13.3%  
 +11.1%  
  Targets    Overview: 08/29/2025  
  Up arrow46,700 or 43,200 by 09/15/2025
  Up arrow16,700 or 15,200 by 09/15/2025
  Up arrow1,150 or 1,050 by 09/15/2025
  Up arrow22,700 or 21,000 by 09/15/2025
  Up arrow6,700 or 6,300 by 09/15/2025

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Picture of Orb Foresight book. Picture of 'Invest for two-comma wealth' book.

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Thursday 9/11/25. Intraday Market Direction: Nasdaq

The Nasdaq climbed by 0.0% or 6.57 points. Since 02/05/1971 the Nasdaq made 730 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.9% on 416 occasions.
     Average loss was -0.9% on 314 occasions.
Expect the Nasdaq to close higher 57.0% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Nasdaq closing higher has been right 299/539 or 55.5% of the time.
     The prediction of the Nasdaq closing lower has been right 87/180 or 48.3% 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 over five days.

At AB, we see a double top. It confirms as a valid chart pattern when the index closes below the horizontal green line at C. In this example, the index didn't drop far, less than the height of the pattern projected downward (called the measure rule).

The two diverging red lines highlight another chart pattern called a broadening bottom. This one breaks out upward, reverses, and busts the upward breakout by dropping and closing below the bottom of the broadening formation.

The index didn't drop far before reversing again and busting the downward move, too (called a double bust). The index soared to D where it peaked.

The index has tumbled to E before recovering going into the close.

We can see all of that on the chart but what does it say about future movement?

This is a guess, of course, but because price is rising at day's end today, I'm assuming it'll continue rising tomorrow. It could rise far enough to form a double top pattern, similar to the one at AB.

Point E appears to be resting on support that's strong enough to prevent price from dropping, hence my focus on a rising price trend. Keep in mind that I could be wrong about all of this. Intraday price movement is noisy and hard to predict, but maybe it'll help your trading.

$ $ $

Here's a symbol list of 127 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AEIS, AA, AMGN, AMN, AR, AON, AAPL, ARCB, AVY, BALL, BSET, BZH, BBW, CAL, CENX, CF, CIEN, CINF, CNX, CSGP, COTY, DSGR, ^DJI, D, EOG, FFIV, FLEX, GME, HE, HL, HSIC, HWM, IIIN, INTC, IPG, JAZZ, KEYS, LXU, MANH, MA, MTRX, MDT, MU, MLKN, MUR, NBR, NTGR, NEU, NWPX, NTNX, OXY, OMC, ORCL, PTEN, PETS, QTWO, RHI, RES, CRM, SLB, SIGI, SCCO, LUV, SR, SRDX, SNPS, TECH, TXN, TDG, RIG, UHAL, WAT, WERN, WSM, WOLF, WDAY, ZBRA, FTEC, FDN, FXI, ICF, IYZ, IGV, IXN, SOXX, EWA, EEM, EWH, EIS, EWM, EPP, EWS, EZA, EWY, EWP, EWD, EWL, EWT, QLD, PXJ, PJP, PHO, ROBO, XLY, XLP, XAR, XLK, SMH, 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 Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

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

Top

© 2025 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  20,123.04    
 Weekly S2  20,753.55  630.51   
 Monthly S1  21,004.55  251.00   
 Weekly S1  21,319.80  315.25   
 Monthly Pivot  21,441.68  121.88   
 Weekly Pivot  21,599.31  157.63   
 Daily S2  21,709.16  109.85   
 Daily S1  21,797.61  88.45   
 Low  21,810.84  13.23   Yes! The Low is close to the Daily S1.
 61.8% Down from Intraday High  21,883.47  72.63   
 Close  21,886.06  2.59   Yes! The Close is close to the 61.8% Down from Intraday High.
 Daily Pivot  21,899.29  13.23   Yes! The Daily Pivot is close to the Close.
 50% Down from Intraday High  21,905.90  6.62   Yes! The 50% Down from Intraday High is close to the Daily Pivot.
 38.2% Down from Intraday High  21,928.34  22.44   
 Open  21,980.60  52.26   
 Daily R1  21,987.74  7.14   Yes! The Daily R1 is close to the Open.
 High  22,000.97  13.23   Yes! The High is close to the Daily R1.
 Daily R2  22,089.42  88.45   
 Weekly R1  22,165.56  76.14   
 Monthly R1  22,323.19  157.63   
 Weekly R2  22,445.07  121.88   
 Monthly R2  22,760.32  315.25   

Wednesday 9/10/25. 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 indicator is neutral with a reading of 43.5. A neutral reading is between 35 and 65. Outside those ranges means it's bearish and bullish, respectively.

The inset shows the indicator without signal changes. The only thing I can say about the current reading is that it's closer to the bearish side than the bullish, so be cautious with trades.

Also, signals can change for up to a week. Today's neutral reading can flip from bearish to bullish and back again.

$ $ $

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, AEIS, AA, ALKS, AFG, AMN, ASH, AVY, BALL, BAX, BZH, BKH, BSX, BRC, BCO, CALM, COR, CGNX, CRH, DHR, DECK, XRAY, EOG, FLEX, FMC, FORM, FDP, GNW, HE, HTLD, HUM, HURC, TILE, INTU, JAZZ, KFRC, LHX, LZB, RAMP, LXU, MANH, MTRX, MOS, MUR, NWL, NUS, OXY, OLN, OR, PETS, PNW, PLXS, RGS, RGA, ROG, ROL, SCHW, SAIC, SEIC, SCI, SHOP, SGI, SO, SCCO, TGT, TER, TXT, TDG, RIG, UNH, UNM, VFC, VLO, VRTX, V, WAT, WMB, WSM, WDAY, ZBRA, FXI, IXN, IHI, ECH, EEM, EWQ, EWH, EIS, EWM, EWY, EWT, THD, QLD, DBA, PXJ, PHO, ROBO, SMH. Click this link for details (pattern type, start and end dates).

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

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

Top


Tuesday 9/9/25. Slider Trading Quiz!

The Dow climbed by 0.3% or 114.09 points. Since 10/01/1928 the Dow made 1178 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.6% on 647 occasions.
     Average loss was -0.6% on 531 occasions.
Expect the Dow to close higher 54.9% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Dow closing higher has been right 316/579 or 54.6% of the time.
     The prediction of the Dow closing lower has been right 61/125 or 48.8% of the time.

$ $ $

I show another slider trading quiz featuring Sunoco: SUN stock.

$ $ $

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: ACN, ADTN, AMD, AES, ALB, AEE, AEP, AR, ATO, BKH, BAH, BFH, BMY, BG, CALM, CRL, CI, CNO, CNX, CGNX, CMTL, COP, CXW, GLW, CCRN, XRAY, D, DTE, BOOM, EMN, ELV, EME, EPAM, EQT, EVRG, FIS, FWRD, FDP, HIG, HL, HELE, HSIC, HSY, HURC, TILE, INTU, IRM, KELYA, KMT, KFRC, KLAC, LRCX, RAMP, LXU, M, MAN, MU, NFG, NWL, NTNX, OGE, OTEX, ORCL, PETS, PFE, PLXS, PINC, QTWO, RL, SAIC, SRE, SHOP, SGI, SO, SSYS, SRDX, TGT, TECH, TER, TXN, RIG, UHAL, UPS, VFC, VLO, V, WWW, XEL, IDU, QTEC, FXL, FXI, IAT, MXI, IXN, EWO, ECH, EEM, EWH, EIS, EWJ, EWM, EWS, EZA, EWP, EWT, THD, TUR, ROBO, GLD, XLU. Click this link for details (pattern type, start and end dates).

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

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

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

Top

© 2025 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  42,445.76    
 Monthly S1  43,980.35  1,534.59   
 Weekly S2  44,589.06  608.71   
 Monthly Pivot  44,875.28  286.21   
 Weekly S1  45,052.01  176.73   
 Daily S2  45,180.25  128.24   
 Low  45,277.73  97.48   
 Daily S1  45,347.60  69.87   
 61.8% Down from Intraday High  45,378.89  31.29   
 50% Down from Intraday High  45,410.14  31.25   
 Weekly Pivot  45,411.10  0.96   Yes! The Weekly Pivot is close to the 50% Down from Intraday High.
 Open  45,430.60  19.50   Yes! The Open is close to the Weekly Pivot.
 38.2% Down from Intraday High  45,441.39  10.79   Yes! The 38.2% Down from Intraday High is close to the Open.
 Daily Pivot  45,445.08  3.68   Yes! The Daily Pivot is close to the 38.2% Down from Intraday High.
 Close  45,514.95  69.87   
 High  45,542.56  27.61   
 Daily R1  45,612.43  69.87   
 Daily R2  45,709.91  97.48   
 Weekly R1  45,874.05  164.14   
 Weekly R2  46,233.14  359.10   
 Monthly R1  46,409.88  176.73   
 Monthly R2  47,304.80  894.92   

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