As of 01/14/2026   Indus: 49,150 -42.36 -0.1%     Trans: 18,059 +3.71 +0.0%     Utils: 1,090 +7.63 +0.7%     Nasdaq: 23,472 -238.12 -1.0%     S&P 500: 6,927 -37.14 -0.5%	YTD  +2.3%    +4.0%    +2.0%    +1.0%    +1.2%	Targets    Overview: 01/01/2026     50,000 or 48,000 by 01/15/2026   18,400 or 16,800 by 01/15/2026   1,040 or 1,100 by 01/15/2026   24,500 or 22,400 by 01/15/2026   7,250 or 6,700 by 01/15/2026
Chart Pattern Indicator: on 1/8/26

As of 01/14/2026   Indus: 49,150 -42.36 -0.1%     Trans: 18,059 +3.71 +0.0%     Utils: 1,090 +7.63 +0.7%     Nasdaq: 23,472 -238.12 -1.0%     S&P 500: 6,927 -37.14 -0.5%	YTD  +2.3%    +4.0%    +2.0%    +1.0%    +1.2%
Targets    Overview: 01/01/2026     50,000 or 48,000 by 01/15/2026   18,400 or 16,800 by 01/15/2026   1,040 or 1,100 by 01/15/2026   24,500 or 22,400 by 01/15/2026   7,250 or 6,700 by 01/15/2026
Chart Pattern Indicator: on 1/8/26

Recent Headlines Thursday 1/15/26. Intraday Market Direction: Nasdaq Wednesday 1/14/26. A Look at the Chart Pattern Indicator (CPI) Tuesday 1/13/26. Slider Trading Quiz! Semtech: SMTC Monday 1/12/26. Market Monday: The Week Ahead Friday 1/9/26. Pattern Trading Setups for the Weekend.
Older Headlines Thursday 1/8/26. Intraday Market Direction: Nasdaq Wednesday 1/7/26. A Look at the Chart Pattern Indicator (CPI) Tuesday 1/6/26. Slider Trading Quiz! SJW (symbol: SJW) Monday 1/5/26. 2026 Market Forecast Friday 1/2/26. New Patternz Released	Archives January Archive December Archive November Archive October Archive All Archives

Thursday 1/15/26. Intraday Market Direction: Nasdaq

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

I show a pattern that I rarely look for. It's a bump-and-run reversal top.

The BARR top is made of several parts. The lead-in phase is A to B. the bump phase is B to C with a dual bump (in this example only), at C to D. E is a pullback but not a good representation of one. Finally, the run phase is the drop after E.

The price target is the price at the start of the pattern which is A. As the chart shows, the pattern completed successfully. Refer to the link for more details about this pattern.

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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: ACN, ADBE, AES, AFL, AKAM, ALRM, AA, AMWD, AMN, ATR, ARCB, ADM, BBW, CBT, CAL, CE, CENX, CINF, CNA, CTSH, ED, CSGS, DSGR, ^DJI, DTE, BOOM, EMR, EPAM, EQT, EXC, EXPI, FIS, FLS, FMC, GD, GNW, GILD, IDA, IPAR, IBKR, IPI, INTU, ISRG, JKHY, KSS, KLIC, LMT, LXU, M, MGY, MANH, MTRN, MTRX, MU, MCO, MS, MOS, NFLX, NTGR, NJR, NOC, NOVT, ORI, OMC, ASGN, OR, OUT, PKE, PATK, PFG, PG, QTWO, QCOM, RJF, RCKY, SAIC, SMG, SIGI, SMTC, SCI, SPSC, TDOC, TDC, TXN, TG, WLK, WEX, WSC, WDAY, IYM, IEZ, IHE, FDN, SLV, IGE, IEO, IYF, EWK, EWG, EWH, EWS, EWY, EWU, PPA, DBA, PXJ, PHO, XLF, XAR, USO, 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.

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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)

Wednesday 1/14/26. A Look at the Chart Pattern Indicator (CPI)

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.

Last week, I guessed correctly that the indictor would drop sharply, differing itself from the slow drop after A. That happened at B.

Since B, the markets firmed up and sent the CPI soaring until today (Tuesday). The indices eased lower, taking the CPI with it.

What's next for the CPI? I don't know. It's neutral with a reading of 62.1. Apparently, the markets didn't like a cap in interest rates credit card companies can charge consumers and the financials tumbled accompanied by weak results from JPMorgan Chase.

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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: DDD, ACH, ACN, ACIW, ADBE, AMD, AES, AKAM, ALRM, ALB, ALGT, DOX, AXP, AFG, APA, AMAT, ATR, ACGL, ADM, AIZ, AGO, BIIB, BA, BAH, BFH, BRKR, CBT, CAL, CX, CDAY, CHKP, CHD, CLNE, CNA, CTSH, GLW, CCK, CMI, CW, DHR, XRAY, DVN, ^DJI, DUK, EMN, ECL, EMR, EPAM, EFX, EVH, EXPI, XOM, EZPW, FIVN, FLS, FTV, GPN, THG, HQY, HP, HNI, JBHT, HURC, IDA, NSP, JKHY, JAZZ, KELYA, KMT, KFRC, KLAC, KLIC, LHX, LNC, L, LXU, M, MANH, MKTX, MLM, MU, MS, MYGN, ^IXIC, NTGR, NEE, NOVT, OGE, ORI, OMC, ASGN, OTEX, OUT, PKG, PKE, PATK, PAYX, PFE, PLXS, PPG, PRU, QTWO, QCOM, RL, RGS, RNG, RLI, RCKY, RES, SAIC, SEIC, SMTC, NOW, SGI, SWX, SPSC, SSYS, TRGP, TGT, TDC, TXN, TJX, TOL, TRV, TREX, UIS, VFC, VMI, VMC, WRB, WSM, WSC, WDAY, ITA, IYK, BOTZ, IHF, IXC, IXN, ILF, SOXX, IGE, IYF, EWA, ECH, EWG, EWM, EWS, THD, TUR, PPA, DBA, PBE, PJP, XLF, XLV, XLI, USO, 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, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)

Tuesday 1/13/26. Slider Trading Quiz!

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

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Here's a symbol list of 144 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ANF, ABM, AEIS, AES, AKAM, ALB, DOX, AEO, AXP, AFG, AMN, AMAT, ATR, BIIB, BAH, BFH, BRKR, CBT, CALM, CE, CHKP, CI, CSCO, CLNE, CLF, CNA, CAG, CR, DHR, XRAY, DDS, DOV, EPAM, EFX, EVRG, EXPD, FFIV, FIS, FTV, FNV, FCX, GFS, GL, HLIT, HL, HD, IEX, TILE, KELYA, KEYS, KSS, LDOS, LLY, LNC, LXU, MHO, M, NJR, NOC, NUS, OMC, OTEX, OR, OXM, PKE, PATK, PYPL, PFE, PNW, RJF, RTX, RHI, RES, SBH, SAIC, SEIC, SCI, NOW, SCCO, SWX, SXI, TDOC, TFX, TOL, TRV, TZOO, TG, UHAL, VECO, V, WPM, WMB, WSM, WSC, ITA, IYM, IAI, IYC, IEZ, IDU, FXI, BOTZ, IHF, IEV, MXI, IXN, ILF, SLV, IHI, EWK, ECH, EEM, EWG, EWI, EWJ, EWM, EWW, EZA, EWP, EWD, EWT, TUR, EWU, PPA, PBE, PHO, XLY, GLD, XLB, XLU, 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.

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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)

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