As of 01/01/2026
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YTD
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 46,800 or 49,500 by 01/15/202616,800 or 18,400 by 01/15/20261,040 or 1,100 by 01/15/202622,400 or 24,500 by 01/15/20266,700 or 7,250 by 01/15/2026 |
As of 01/01/2026
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YTD
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46,800 or 49,500 by 01/15/202616,800 or 18,400 by 01/15/20261,040 or 1,100 by 01/15/202622,400 or 24,500 by 01/15/20266,700 or 7,250 by 01/15/2026 | ||
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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.
I highlighted bearish divergence last week. It's baaack this week, too.
I show that divergence by using two diverging violet lines. The CPI has been trending lower since late November even as the index has climbed over the same period.
The current reading of the CPI is 45.1, which is neutral (between 35 and 65). Because this week and the prior week were holiday-shortened weeks, I'm not going to suggest a continued downtrend in the CPI nor a reversal of the uptrend in the index.
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Here's a symbol list of 91 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: AEIS, AES, ALB, AFG, APH, AR, AMAT, AVA, BCPC, BSET, BIO, CLNE, CSGP, COTY, CW, FANG, EG, EXPD, EZPW, FAST, FMC, FORM, FNV, GME, GE, HP, JKHY, KSS, LAMR, LXU, MLM, NOV, NWL, NEE, NOVT, NVDA, OMC, OR, OUT, POR, PSTG, RRC, RCKY, RGLD, SMG, SEE, SEIC, SHW, SPSC, TDY, TER, TKR, TG, TWLO, UIS, VLO, VRSN, VRTX, WAT, WSO, WPM, WSM, IYC, FTEC, BOTZ, IHF, IGE, EWA, EWO, ECH, EEM, EWG, EWI, EZA, EWP, EWD, EWL, EWT, PXJ, XLY, XHB, UNG, 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.
-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)
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I show another slider trading quiz featuring Smith International: SII stock.
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Here's a symbol list of 89 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, ACN, AES, ALKS, ALGT, AFG, APH, APOG, AMAT, ADM, BCPC, BSET, BBY, BOOT, BAH, BSX, BCO, BRKR, CBT, CLS, CDAY, CLNE, CNO, CMTL, CSGP, BOOM, EXP, EBAY, EXPD, FDS, FLEX, FMC, GME, GIS, GFS, GGG, GFF, HLIT, HP, HUN, INCY, IIIN, PODD, JKHY, KELYA, KSS, LAMR, LDOS, LXU, MLM, META, MU, MLKN, NWPX, NOVT, OMC, OUT, PEN, PNW, PLXS, RNG, SAIC, SEIC, NOW, SPSC, TXT, TG, VRTX, VC, VMC, WAT, WSO, ITA, IEV, IHI, EWH, EWY, EWD, EWT, THD, TUR, PPA, XHB, 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.
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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)
| © 2025 ThePatternSite.com Metric | Value | Diff | Close (within 10% of the high-low range for the day)? |
| Monthly S2 | 45,040.08 | ||
| Monthly S1 | 46,751.01 | 1,710.93 | |
| Monthly Pivot | 47,818.93 | 1,067.93 | |
| Weekly S2 | 47,898.15 | 79.21 | |
| Weekly S1 | 48,180.04 | 281.89 | |
| Daily S2 | 48,205.30 | 25.27 | Yes! The Daily S2 is close to the Weekly S1. |
| Daily S1 | 48,333.62 | 128.31 | |
| Low | 48,390.91 | 57.29 | |
| Close | 48,461.93 | 71.02 | |
| Weekly Pivot | 48,481.02 | 19.09 | Yes! The Weekly Pivot is close to the Close. |
| 61.8% Down from Intraday High | 48,510.83 | 29.81 | Yes! The 61.8% Down from Intraday High is close to the Weekly Pivot. |
| Daily Pivot | 48,519.22 | 8.39 | Yes! The Daily Pivot is close to the 61.8% Down from Intraday High. |
| 50% Down from Intraday High | 48,547.87 | 28.65 | Yes! The 50% Down from Intraday High is close to the Daily Pivot. |
| 38.2% Down from Intraday High | 48,584.91 | 37.04 | |
| Open | 48,636.63 | 51.71 | |
| Daily R1 | 48,647.54 | 10.91 | Yes! The Daily R1 is close to the Open. |
| High | 48,704.83 | 57.29 | |
| Weekly R1 | 48,762.91 | 58.08 | |
| Daily R2 | 48,833.14 | 70.23 | |
| Weekly R2 | 49,063.89 | 230.75 | |
| Monthly R1 | 49,529.86 | 465.96 | |
| Monthly R2 | 50,597.79 | 1,067.93 |
This is a chart of the Dow utilities on the daily scale.
I drew an odd looking head-and-shoulders top chart pattern. LS is the left shoulder, RS is the right one, and Head is the, well, head.
The horizontal red line at A shows where the squiggles turn into a valid chart pattern. That happens when the index closes below the red line.
BC looks like a potential double bottom. That chart pattern has two bottoms near the same price with a peak between the two bottoms. A close above that central peak at D confirms the pattern as valid. Confirmation hasn't happened yet, but I expect it to.
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.
No options expire this week.
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 | 48,501 | 48,606 | 48,694 | 48,799 | 48,887 |
| Weekly | 47,981 | 48,346 | 48,564 | 48,929 | 49,147 |
| Monthly | 45,123 | 46,917 | 47,902 | 49,696 | 50,681 |
| S&P500 (^GSPC): Daily | 6,908 | 6,919 | 6,932 | 6,943 | 6,957 |
| Weekly | 6,820 | 6,875 | 6,910 | 6,965 | 7,001 |
| Monthly | 6,520 | 6,725 | 6,835 | 7,040 | 7,151 |
| Nasdaq (^IXIC): Daily | 23,511 | 23,552 | 23,609 | 23,650 | 23,706 |
| Weekly | 23,238 | 23,416 | 23,540 | 23,718 | 23,843 |
| Monthly | 22,033 | 22,813 | 23,258 | 24,039 | 24,484 |
Here are the formulas:
Earnings season is over.
Mutual funds will begin dividend distributions and rebalancing their portfolios for the approaching year end (starts in late November).
Here's a symbol list of 89 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABM, AES, ALGT, APH, APOG, AMAT, BSET, BSX, BCO, CBT, CALM, CLS, CENX, CINF, CLX, CNO, CNX, CCK, CMI, DHR, ELV, FAST, FIVN, FLEX, FMC, FTV, FWRD, FCX, GFS, THG, HLIT, HON, HOV, HUBG, IEX, INCY, IBP, IRM, JKHY, KSS, LRCX, LDOS, LNC, MTDR, MDT, NFG, NOC, NWPX, NUS, ORI, OMCL, OMC, PCTY, PETS, PNW, PLXS, RNG, SBH, SRE, SMTC, SHW, TXT, TG, WU, WSC, ITA, FXL, MXI, IXN, SLV, EWA, EWZ, ECH, EEM, EWH, EPP, EWY, PPA, DBA, PXJ, GLD, XHB, 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 below industries were the best (rank 1) or worst performing of those I follow.
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-- Thomas Bulkowski, author: Invest for Two-Comma Wealth and the novel (fiction), Orb Foresight (#Ad)
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