Bulkowski's Blog: ThePatternSite.com
As of 03/04/2026
  Indus: 48,739 +238.14 +0.5%  
  Trans: 19,712 +26.63 +0.1%  
  Utils: 1,178 +4.82 +0.4%  
  Nasdaq: 22,807 +290.79 +1.3%  
  S&P 500: 6,870 +52.87 +0.8%  
YTD
 +1.4%  
 +13.6%  
 +10.3%  
-1.9%  
 +0.4%  
  Targets    Overview: 02/27/2026  
  Up arrow50,500 or 47,900 by 03/15/2026
  Up arrow20,200 or 18,150 by 03/15/2026
  Up arrow1,300 or 1,160 by 03/15/2026
  Up arrow24,750 or 21,800 by 03/15/2026
  Up arrow7,250 or 6,600 by 03/15/2026
As of 03/04/2026
  Indus: 48,739 +238.14 +0.5%  
  Trans: 19,712 +26.63 +0.1%  
  Utils: 1,178 +4.82 +0.4%  
  Nasdaq: 22,807 +290.79 +1.3%  
  S&P 500: 6,870 +52.87 +0.8%  
YTD
 +1.4%  
 +13.6%  
 +10.3%  
-1.9%  
 +0.4%  
  Targets    Overview: 02/27/2026  
  Up arrow50,500 or 47,900 by 03/15/2026
  Up arrow20,200 or 18,150 by 03/15/2026
  Up arrow1,300 or 1,160 by 03/15/2026
  Up arrow24,750 or 21,800 by 03/15/2026
  Up arrow7,250 or 6,600 by 03/15/2026

Recent Headlines

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

Older Headlines

Archives


Thursday 3/5/26. 2026 Market Forecast Update

The Nasdaq climbed by 1.3% or 290.79 points. Since 02/05/1971 the Nasdaq made 179 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.9% on 113 occasions.
     Average loss was -1.1% on 66 occasions.
Expect the Nasdaq to close higher 63.1% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Nasdaq closing higher has been right 304/557 or 54.6% of the time.
     The prediction of the Nasdaq closing lower has been right 88/184 or 47.8% of the time.

$ $ $

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

$ $ $

Here's a symbol list of 114 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AYI, AEIS, AMD, A, ALK, AA, ALGT, DOX, AEP, AFG, AIG, AMGN, APH, AR, APOG, AAPL, ATR, ANET, ARW, ADSK, AZTA, BALL, BZH, BIIB, BMRN, BA, BKNG, BRC, BMY, BRKR, BLDR, BG, CX, COR, CIEN, CLNE, CNX, CMTL, CCRN, DECK, EXP, EVH, EXPD, EZPW, FLS, FRD, THG, HL, HSY, ITW, INTC, TILE, KBH, KMT, KMB, KLIC, LH, LRCX, LDOS, M, MU, MYGN, NFG, NTGR, NUS, OR, PTEN, PCTY, PFE, PG, QCOM, RL, RMBS, RLI, RHI, ROK, RGLD, RES, R, SMG, SEE, SO, SR, TFX, TXN, TKR, TZOO, UGI, UPS, VLO, WAT, WSO, WU, XEL, IYK, IHE, SOXX, EWW, THD, IBB, DBA, PBE, PJP, XLP, XAR, 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.

$ $ $

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  21,285.99    
 Monthly S1  22,046.74  760.74   
 Weekly S2  22,193.72  146.98   
 Daily S2  22,435.47  241.75   
 Weekly S1  22,500.60  65.13   
 Low  22,570.67  70.07   
 Open  22,620.89  50.22   
 Daily S1  22,621.47  0.58   Yes! The Daily S1 is close to the Open.
 61.8% Down from Intraday High  22,693.37  71.90   
 50% Down from Intraday High  22,731.28  37.90   
 Daily Pivot  22,756.68  25.40   Yes! The Daily Pivot is close to the 50% Down from Intraday High.
 38.2% Down from Intraday High  22,769.18  12.50   Yes! The 38.2% Down from Intraday High is close to the Daily Pivot.
 Close  22,807.48  38.30   
 Weekly Pivot  22,835.14  27.66   Yes! The Weekly Pivot is close to the Close.
 High  22,891.88  56.74   
 Daily R1  22,942.68  50.80   
 Monthly Pivot  23,017.50  74.82   
 Daily R2  23,077.89  60.38   
 Weekly R1  23,142.02  64.13   
 Weekly R2  23,476.56  334.54   
 Monthly R1  23,778.25  301.69   
 Monthly R2  24,749.01  970.77   

Wednesday 3/4/26. 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 current CPI is bearish, at 24.4. The vertical red bar on the far right of the chart shows the bearish indication after being neutral for a few weeks.

The inset on the lower right of the chart shows the indicator without signal changes.

What happens to the markets will depend on how Trump's war progresses. Iran is fighting back and targeting energy infrastructure in multiple countries. If that continues, the price of oil will rise more than it already has. That means the price at the gas pump will climb and anything dependent on energy will also cost more.

If all of that plays out, the markets won't like it (meaning look for more drops coming).

It's likely Trump won't get his regime change in Iran but will be rewarded with lots and lots of cheap drones that do extensive damage, including more people killed.

$ $ $

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: AYI, AES, AKAM, ALB, ALL, AMN, APH, ANIK, AMAT, ANET, AWI, ARW, ADSK, AVNT, AZTA, BAX, BZH, BMRN, BKNG, BLDR, BG, CALM, CPB, CE, CX, CENX, CRL, CLNE, CTSH, CMCO, CRH, CCRN, CTS, DECK, XRAY, DDS, DTE, EBAY, EL, EVH, EXC, EXPD, FLEX, FLS, FWRD, GFF, HLIT, HOLX, HD, HUM, IDA, INTC, TILE, JBLU, KSS, KLIC, LRCX, LEN, M, MLM, MAS, MTDR, MU, MCO, MLI, NFG, NUS, OLN, ASGN, PTEN, PCTY, PETS, PPG, PFG, KWR, DGX, RL, RTX, RGS, RES, R, SAIC, SEE, SGI, SWX, SR, TFX, TEVA, TXN, RIG, VFC, VECO, WMT, WSO, WU, WWW, XEL, IEZ, DDM, FXI, BOTZ, IYH, IEV, ILF, SOXX, SLV, EWO, EWK, EWZ, ECH, EEM, EWQ, EWG, EWI, EWJ, EWM, EPP, EWS, EZA, EWY, EWP, EWD, EWL, EWT, THD, TUR, EWU, IBB, PBE, PJP, ROBO, XRT, 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

Top


Tuesday 3/3/26. Slider Trading Quiz!

The Dow dropped by -0.1% or -73.14 points. Since 10/01/1928 the Dow made 1414 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.6% on 740 occasions.
     Average loss was -0.7% on 674 occasions.
Expect the Dow to close higher 52.3% 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 63/129 or 48.8% of the time.

$ $ $

I show another slider trading quiz featuring Pfizer: PFE (actual trade).

$ $ $

Here's a symbol list of 125 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, AKAM, AMN, APH, AIZ, ATO, ADP, AXS, AZTA, BZH, BBW, CBT, CALM, CPB, CE, CX, CF, CRL, CMTL, COP, CROX, CCRN, EL, EVH, FIVN, FWRD, GNW, GILD, GPN, THG, HIG, DHI, IIIN, KALU, KBH, KSS, KLIC, LHX, LEN, LMT, MTSI, M, MGY, MKTX, MLM, MAS, MTRX, MDT, MRCY, MCO, MUR, NFG, NTGR, NOC, NWPX, NUS, NTNX, OXY, ORI, OLN, OR, PKE, PTEN, PPG, KWR, DGX, RL, ROG, RGLD, RES, R, SEE, SEIC, SMTC, SLGN, SKYW, SR, SPSC, TFX, TKR, TOL, TDG, RIG, VLO, VECO, WRB, WAT, WSO, WSC, WWW, XEL, ITA, IYE, QTEC, FXL, FXI, BOTZ, IAT, IXC, SLV, IEO, ITB, EWO, EWK, ECH, EWH, EWM, EWS, EWP, TUR, PPA, PJP, XLE, XAR, USO. 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  47,239.57    
 Weekly S2  47,996.49  756.91   
 Monthly S1  48,072.18  75.69   
 Daily S2  48,095.76  23.59   Yes! The Daily S2 is close to the Monthly S1.
 Low  48,377.96  282.20   
 Weekly S1  48,450.63  72.67   
 Daily S1  48,500.27  49.64   Yes! The Daily S1 is close to the Weekly S1.
 61.8% Down from Intraday High  48,640.28  140.01   
 50% Down from Intraday High  48,721.32  81.04   
 Daily Pivot  48,782.47  61.15   Yes! The Daily Pivot is close to the 50% Down from Intraday High.
 Open  48,794.42  11.95   Yes! The Open is close to the Daily Pivot.
 38.2% Down from Intraday High  48,802.35  7.93   Yes! The 38.2% Down from Intraday High is close to the Open.
 Close  48,904.78  102.43   
 High  49,064.67  159.89   
 Weekly Pivot  49,132.93  68.25   Yes! The Weekly Pivot is close to the High.
 Daily R1  49,186.98  54.05   Yes! The Daily R1 is close to the Weekly Pivot.
 Monthly Pivot  49,292.48  105.50   
 Daily R2  49,469.18  176.70   
 Weekly R1  49,587.07  117.89   
 Monthly R1  50,125.09  538.01   
 Weekly R2  50,269.37  144.28   
 Monthly R2  51,345.39  1,076.03   

Archives

 

Support this site! Clicking any of the books (below) takes you to Amazon.com If you buy ANYTHING while there, they pay for the referral.
Legal notice for paid links: "As an Amazon Associate I earn from qualifying purchases."

My Stock Market Books
My Novels
Orb Foresight Rewrite Coming!

Copyright © 2005-2026 by Thomas N. Bulkowski. All rights reserved.
Disclaimer: You alone are responsible for your investment decisions. See Privacy/Disclaimer for more information.
Some pattern names are registered trademarks of their respective owners.
Home Advertise Contact Privacy/Disclaimer