As of 12/23/2025
Indus: 48,442 +79.73 +0.2%
Trans: 17,637 -43.20 -0.2%
Utils: 1,067 +1.97 +0.2%
Nasdaq: 23,562 +133.01 +0.6%
S&P 500: 6,910 +31.30 +0.5%
|
YTD
+13.9%
+11.0%
+8.6%
+22.0%
+17.5%
|
 49,500 or 47,000 by 01/01/202618,750 or 17,000 by 01/01/20261,100 or 1,040 by 01/01/202624,500 or 22,400 by 01/01/20267,250 or 6,650 by 01/01/2026 |
As of 12/23/2025
Indus: 48,442 +79.73 +0.2%
Trans: 17,637 -43.20 -0.2%
Utils: 1,067 +1.97 +0.2%
Nasdaq: 23,562 +133.01 +0.6%
S&P 500: 6,910 +31.30 +0.5%
|
YTD
+13.9%
+11.0%
+8.6%
+22.0%
+17.5%
| |
|
49,500 or 47,000 by 01/01/202618,750 or 17,000 by 01/01/20261,100 or 1,040 by 01/01/202624,500 or 22,400 by 01/01/20267,250 or 6,650 by 01/01/2026 | ||
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 most recent signal is bearish, which appears as the red vertical bar on the far right of the chart. The CPI has a reading of 14.8 in a range of 0 to 100.
I drew a violet line across the peaks of both the CPI and the index. Notice that they diverge. The theory says that sooner or later the index will follow the CPI lower. That's not true, as I recall. Sometimes divergence can last for months and then it fades away.
Look back at April-May for an example. The CPI eases lower. The index ignores it and keeps rising. However, the index does dip when the CPI turns bearish, so maybe this isn't a good example of divergence not working.
Returning to the most recent signal, with light trading ahead, you might expect the CPI to bounce around. Signals can change for up to a week. The bearish signal suggests the index is going to retrace in the coming days.
$ $ $
Here's a symbol list of 123 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ALRM, ALK, ALGT, AEO, AFG, AME, APH, ANIK, APOG, ADP, AVNT, BSET, BIIB, BKNG, BSX, BLDR, CBT, CE, CLNE, CAG, COP, COTY, DVN, ECL, ELV, EPAM, EXC, EXPD, EZPW, FICO, FIVN, FLEX, FORM, FCX, GME, GAP, GIS, GNW, GPN, GFS, GOOGL, HLIT, HIG, HE, HTLD, HL, HWM, HURC, INCY, IIIN, PODD, JKHY, KEYS, KFRC, KSS, L, MHO, MTRN, META, MLKN, ^IXIC, NOV, NWPX, NVDA, OMCL, OMC, OMI, PETS, PFE, PLXS, PGR, DGX, RTX, RNG, RLI, SBH, SMG, SEIC, SLGN, TGT, TSCO, VEEV, VC, WSO, ITA, FTEC, AIQ, QQQ, IEV, MXI, IXN, IHI, EWA, EWK, EWG, EWM, EPP, EWS, EZA, EWD, EWL, EWU, QLD, PPA, PXJ, XLP, XHB, XRT, SMH, VAW, MGK. 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)
$ $ $
I show another slider trading quiz featuring Southern Company: SO, support and resistance.
$ $ $
Here's a symbol list of 143 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ANF, AA, AEO, AFG, ANIK, AR, AON, APOG, ACGL, AWI, ARW, ATO, AZTA, BALL, BSET, BZH, BBY, BG, CDNS, CF, CI, CTAS, CLF, CNA, CNX, CGNX, CMTL, COTY, CSGS, ^DJT, DOV, EOG, EG, EXPD, FTNT, FCX, FDP, FRD, GAP, GIS, GNW, HIG, HE, HQY, DHI, HOV, HURC, IIIN, INTC, ISRG, JKHY, JBLU, KSS, LEN, L, LPLA, MTSI, NFLX, NTGR, NEU, NEE, NKE, NWPX, NVDA, ORI, OMCL, OMC, ASGN, OMI, PANW, PTEN, PYPL, PCG, PLXS, POR, PHM, PSTG, KWR, QCOM, RLI, R, ^GSPC, SBH, SMTC, TGT, TDY, TER, TMO, TJX, TREX, UGI, VRTX, WAT, WU, WPM, WWD, ITA, IYM, IYZ, MXI, IXN, SLV, IGE, ITB, EWA, EWO, EWQ, EIS, EWM, EPP, EZA, EWY, PPA, DBA, PHO, SSO, XLY, XLP, GLD, XHB, XRT, XAR, XLK, XLU, 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.
$ $ $
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 | 44,501.56 | ||
| Monthly S1 | 46,432.12 | 1,930.56 | |
| Weekly S2 | 47,467.44 | 1,035.32 | |
| Monthly Pivot | 47,659.49 | 192.05 | |
| Weekly S1 | 47,915.06 | 255.57 | |
| Daily S2 | 48,081.42 | 166.36 | |
| Low | 48,199.13 | 117.71 | |
| Open | 48,211.88 | 12.75 | Yes! The Open is close to the Low. |
| Daily S1 | 48,222.05 | 10.17 | Yes! The Daily S1 is close to the Open. |
| Weekly Pivot | 48,297.10 | 75.05 | |
| 61.8% Down from Intraday High | 48,297.82 | 0.71 | Yes! The 61.8% Down from Intraday High is close to the Weekly Pivot. |
| 50% Down from Intraday High | 48,328.30 | 30.48 | |
| Daily Pivot | 48,339.76 | 11.46 | Yes! The Daily Pivot is close to the 50% Down from Intraday High. |
| 38.2% Down from Intraday High | 48,358.79 | 19.02 | Yes! The 38.2% Down from Intraday High is close to the Daily Pivot. |
| Close | 48,362.68 | 3.89 | Yes! The Close is close to the 38.2% Down from Intraday High. |
| High | 48,457.47 | 94.79 | |
| Daily R1 | 48,480.39 | 22.92 | Yes! The Daily R1 is close to the High. |
| Daily R2 | 48,598.10 | 117.71 | |
| Weekly R1 | 48,744.72 | 146.62 | |
| Weekly R2 | 49,126.76 | 382.04 | |
| Monthly R1 | 49,590.05 | 463.29 | |
| Monthly R2 | 50,817.42 | 1,227.37 |
I show a chart of the S&P 500 index, on the daily scale. It shares a lot of features shown on the Nasdaq chart a week ago.
Point A is a chart pattern called a broadening top. It's not pleasant to the eye because the two lines don't completely overlap, but it's a valid broadening pattern. The breakout hasn't happened yet.
Point B is a feature of broadening tops as well as other chart patterns (such as rectangles). It's called a partial rise. A partial rise appears at or near the end of the chart pattern where price fails to touch the top trendline. The security drops and we often see a downward breakout. That's not clear yet. Indeed, it looks as if the index will climb instead of drop.
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 | 47,818 | 47,977 | 48,133 | 48,291 | 48,448 |
| Weekly | 47,392 | 47,763 | 48,221 | 48,593 | 49,051 |
| Monthly | 44,426 | 46,280 | 47,584 | 49,438 | 50,741 |
| S&P500 (^GSPC): Daily | 6,775 | 6,805 | 6,822 | 6,852 | 6,870 |
| Weekly | 6,664 | 6,749 | 6,806 | 6,891 | 6,947 |
| Monthly | 6,372 | 6,603 | 6,753 | 6,985 | 7,135 |
| Nasdaq (^IXIC): Daily | 23,039 | 23,173 | 23,241 | 23,375 | 23,442 |
| Weekly | 22,462 | 22,885 | 23,115 | 23,538 | 23,769 |
| Monthly | 21,164 | 22,236 | 22,970 | 24,042 | 24,776 |
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 99 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ADTN, AEIS, AES, ALB, AR, AVY, AVA, AZTA, BSET, BZH, BKH, BR, BBW, BLDR, CDNS, CALM, CENX, CLNE, CLF, CNA, CNX, ED, CAG, CSGP, CRH, EOG, FAST, FORM, FTNT, FDP, FRD, GAP, GE, GIS, GES, HLIT, HIG, HELE, HSY, HD, DHI, HOV, HURC, IEX, IDXX, PODD, JKHY, KBH, KMT, LMT, MHO, MTSI, MGY, MTRN, MS, MLI, NWL, NKE, NI, NOC, ORI, OMC, OMI, PANW, PTEN, PYPL, PPG, PHM, DGX, RJF, ROG, R, SMTC, SHW, TGT, TXT, TJX, TG, WU, WLK, IYM, IAI, FTEC, FXL, ITB, EWK, EWH, EWI, EWM, EWP, THD, PJP, XLY, XHB, 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 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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