As of 02/20/2025   Indus: 44,177 -450.94 -1.0%     Trans: 16,465 -82.30 -0.5%     Utils: 1,019 +0.28 +0.0%     Nasdaq: 19,962 -90.89 -0.5%     S&P 500: 6,118 -26.63 -0.4%	YTD  +3.8%    +3.6%    +3.7%    +3.4%    +4.0%	Targets    Overview: 02/13/2025     43,500 or 45,250 by 03/01/2025   16,900 or 15,800 by 03/01/2025   1,050 or 970 by 03/01/2025   19,200 or 20,500 by 03/01/2025   5,875 or 6,200 by 03/01/2025
Chart Pattern Indicator: on 2/6/25

As of 02/20/2025   Indus: 44,177 -450.94 -1.0%     Trans: 16,465 -82.30 -0.5%     Utils: 1,019 +0.28 +0.0%     Nasdaq: 19,962 -90.89 -0.5%     S&P 500: 6,118 -26.63 -0.4%	YTD  +3.8%    +3.6%    +3.7%    +3.4%    +4.0%
Targets    Overview: 02/13/2025     43,500 or 45,250 by 03/01/2025   16,900 or 15,800 by 03/01/2025   1,050 or 970 by 03/01/2025   19,200 or 20,500 by 03/01/2025   5,875 or 6,200 by 03/01/2025
Chart Pattern Indicator: on 2/6/25

Recent Headlines Friday 2/21/25. Pattern Trading Setups for the Weekend. Thursday 2/20/25. Intraday Market Direction: Nasdaq Wednesday 2/19/25. A Look at the Chart Pattern Indicator (CPI) Tuesday 2/18/25. Slider Trading Quiz! United Parcel Service v2: UPS Friday 2/14/25. Pattern Trading Setups for the Weekend.

Older Headlines Thursday 2/13/25. Intraday Market Direction: Nasdaq Wednesday 2/12/25. A Look at the Chart Pattern Indicator (CPI) Tuesday 2/11/25. Slider Trading Quiz! United Technologies: UTX Monday 2/10/25. Market Monday: The Week Ahead Friday 2/7/25. Pattern Trading Setups for the Weekend. Thursday 2/6/25. Intraday Market Direction: Nasdaq Wednesday 2/5/25. A Look at the Chart Pattern Indicator (CPI) Tuesday 2/4/25. 2025 Forecast Update Monday 2/3/25. Market Monday: The Week Ahead Friday 1/31/25. Pattern Trading Setups for the Weekend. Thursday 1/30/25. Intraday Market Direction: Nasdaq

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Friday 2/21/25. Pattern Trading Setups for the Weekend.

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: AXDX, AMD, AKAM, ALB, AEP, AMN, ANIK, APA, ARCB, ANET, ARW, AVA, BMI, BAX, BMRN, BAH, BRKR, CBT, CDNS, CE, CHD, CNX, CMTL, CRH, CCK, CSGS, DVN, ^DJU, EXP, ECL, EME, EOG, EVH, FICO, FARO, FISV, FLS, GNW, GPN, GFS, HTLD, HELE, INTC, IRM, LANC, LEG, L, MTSI, M, MTRN, MOS, OXY, PAYX, PCTY, QTWO, KWR, QCOM, RJF, RGS, ROK, ROL, ROP, SLB, SMG, SEE, TRGP, TTD, TKR, TJX, TOL, TZOO, UIS, UNM, VFC, VLO, VMI, VECO, VRTX, VMC, WSO, WMB, WSM, IYK, IDU, SLV, EWO, EEM, EWM, EWW, EWP, THD, TUR, PPA, PXJ, PJP, ROBO, XLE, XRT, 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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You can find setups based on a Fibonacci retrace by clicking on the link.

The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.

In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.

For details about the chart patterns, click here.

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

Thursday 2/20/25. Intraday Market Direction: Nasdaq

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

At B, we see the index making a chart pattern called a rising wedge. Those breakout downward 60% of the time in bull markets. This one broke out downward at the right tip.

At A, we see the index in a channel marked by the green line on top and the red trendline on the bottom.

Notice how the slopes of the lower lines on B and A have gentled, for lack of a better word. When a trendline goes from steep to shallow, it's a loss of momentum. It might indicate a trend change.

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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: MMM, ANF, AXDX, ADBE, AKAM, ALB, DOX, AEP, ANIK, ANET, ADP, BSET, BBY, BMRN, BCO, BLDR, CDNS, CE, CF, CNX, CMTL, COP, CROX, CSGS, DVN, ^DJU, ^DJT, ^DJI, DTE, EXP, EOG, EXPD, FICO, FARO, FAST, FLS, FTNT, GFS, HSIC, HOLX, DHI, HUM, HURC, INFN, TILE, IRM, KEYS, KFRC, KMB, LAMR, LANC, LEG, RAMP, MTSI, M, MAN, MAS, NEU, OXY, PATK, PDCO, PAYX, PEN, QTWO, KWR, QCOM, RRC, REGN, RGS, RNG, ROP, ^GSPC, CRM, SMG, SCI, SGI, SCS, TRGP, TFX, TXN, TOL, TDG, TZOO, VFC, VECO, VRTX, WSO, WLK, WMB, WSM, WWW, IYK, IHE, IDU, FDN, FXL, IYH, IHF, IEO, IYF, ITB, EWA, EWW, EZA, EWY, TUR, PBE, PXJ, PJP, SSO, XLE, XHB, XLU, UNG, USO, VHT. 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), Foresight (#Ad)

Wednesday 2/19/25. 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.

The most recent signal is bullish with a reading of 78.9 out of 100, where below 35 is bearish and above 65 is bullish. I show that with the vertical green bar on the far right of the chart.

If the market were to make a big move down, the green bar could change to red for up to a week. So the green bar might not be as bullish as it appears.

The inset in the far upper center of the chart shows the CPI made a U-shaped turn. Such a gentle turn is unusual. Normally, it's a sharper turn.

If the market were to drop just a bit, we could see the bullish signal change to neutral (white).

My guess as to direction? I thought that overhead resistance would stop an upward advance and it has, with several attempts to rise above the December peak not making much headway. We'll have to see what happens next because I don't have a good feeling as to what will happen.

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With cold snap approaching, I came up with a new idea. I've doors that leak air into the house. They have seals which came with the door but with foundation shifting, gaps have appeared.

As a bicycle rider, I took a bad inner tube (it sprung a leak) and cut off the valve. Then I nailed it to the door jam, right over the old seal (the tube is almost as tall as the door. Yippee!). I did that for the top and door knob edges (not bottom or hinge side) of the door.

Worked great! The existing strip was glued or somehow fastened to the door frame, so it would have been tough to remove.

One lesson I learned. Nail on the surface that the door will not press against. If you nail it on the same side as the door presses against, it'll depress the tire enough to allow air infiltration. So nail it on the adjacent side to hold the tire in place.

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Here's a symbol list of 139 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, ANF, AXDX, ACN, APD, ATSG, AEP, AXP, ANIK, AON, ANET, AZTA, BSET, BAX, BZH, BA, BAH, BRC, CHD, CTAS, CAG, CXW, CRH, CCK, CSGS, CTS, FANG, ^DJU, ELV, EVRG, FDS, FARO, FLS, FTNT, GIS, GL, GOOGL, HE, HSIC, HSY, HUN, ITW, TILE, INTU, IRM, JBLU, KMB, LAMR, LANC, LMT, L, M, MCHX, MAS, MU, MS, NFG, NFLX, NJR, NEU, ORI, ON, ORCL, OUT, OXM, PATK, PNW, POR, PPG, PINC, QTWO, KWR, QCOM, DGX, ROP, R, SAND, SCHW, SHOP, SKYW, SGI, LUV, SR, SSYS, TPR, TRGP, TDOC, TEVA, TJX, RIG, TWLO, UGI, UNH, UNM, VMI, MDRX, VRTX, V, WSO, WEX, WMB, WDAY, XEL, ITA, FDN, QTEC, BOTZ, IXN, EWO, EWK, EEM, EWG, EIS, EWI, EWJ, EWW, EWS, EWY, EWP, EWT, EWU, PPA, PJP, ROBO, USO, 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), Foresight (#Ad)

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