Bulkowski's Blog: ThePatternSite.com
As of 03/16/2026
  Indus: 46,946 +387.94 +0.8%  
  Trans: 17,854 +121.79 +0.7%  
  Utils: 1,187 +6.45 +0.5%  
  Nasdaq: 22,374 +268.82 +1.2%  
  S&P 500: 6,699 +67.19 +1.0%  
YTD
-2.3%  
 +2.9%  
 +11.1%  
-3.7%  
-2.1%  
  Targets    Overview: 03/13/2026  
  Down arrow45,500 or 48,800 by 04/01/2026
  Down arrow17,100 or 19,100 by 04/01/2026
  Up arrow1,300 or 1,140 by 04/01/2026
  Down arrow21,200 or 23,700 by 04/01/2026
  Down arrow6,500 or 6,900 by 04/01/2026
As of 03/16/2026
  Indus: 46,946 +387.94 +0.8%  
  Trans: 17,854 +121.79 +0.7%  
  Utils: 1,187 +6.45 +0.5%  
  Nasdaq: 22,374 +268.82 +1.2%  
  S&P 500: 6,699 +67.19 +1.0%  
YTD
-2.3%  
 +2.9%  
 +11.1%  
-3.7%  
-2.1%  
  Targets    Overview: 03/13/2026  
  Down arrow45,500 or 48,800 by 04/01/2026
  Down arrow17,100 or 19,100 by 04/01/2026
  Up arrow1,300 or 1,140 by 04/01/2026
  Down arrow21,200 or 23,700 by 04/01/2026
  Down arrow6,500 or 6,900 by 04/01/2026

Recent Headlines

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

Older Headlines

Archives


Tuesday 3/17/26. Slider Trading Quiz!

The Dow climbed by 0.8% or 387.94 points. Since 10/01/1928 the Dow made 623 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.6% on 343 occasions.
     Average loss was -0.6% on 280 occasions.
Expect the Dow to close higher 55.1% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Dow closing higher has been right 329/602 or 54.7% 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 Oxford Industries: OXM stock.

$ $ $

Here's a symbol list of 169 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABT, ACH, ACN, ADTN, AKAM, ANIK, ANET, ATO, BZH, BMRN, BKH, BKNG, BMY, CDNS, CALM, CRL, CLNE, CNO, CGNX, CTSH, CL, CAG, GLW, COST, CSGS, CMI, DHR, DECK, XRAY, DSGR, ^DJI, DOV, BOOM, EIX, EME, FFIV, FNV, GE, GL, GS, HSY, HD, DHI, HUM, IEX, IDXX, NSP, IBKR, KEYS, KMB, KLIC, LHX, LH, LRCX, LEG, LEN, LNC, LOW, MANH, MA, MDT, MU, ^IXIC, NJR, NEU, NKE, NWPX, NVDA, OR, PKE, PCG, PPG, PG, PRU, RL, RJF, RCKY, RGLD, R, ^GSPC, SBH, SAIC, SEE, SEIC, SMTC, SCI, SHOP, SKYW, SCCO, LUV, SWX, SR, SNPS, TDC, TER, TEVA, TSCO, TDG, UHAL, V, VC, WSO, WEX, WPM, WSM, XEL, ITA, IAI, IYC, IEZ, DDM, FTEC, FDN, AIQ, BOTZ, QQQ, ICF, IEV, IGV, MXI, IXN, ILF, SLV, IYF, ITB, IHI, EWA, EWO, EWZ, EWC, EEM, EWQ, EWG, EWH, EIS, EWJ, EWM, EWW, EPP, EWS, EZA, EWY, EWP, EWD, EWL, EWT, THD, EWU, QLD, PPA, PBE, PEJ, PXJ, SSO, ROBO, XLY, XLF, XLV, XHB, SPY, XLK, VHT, MGK, 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 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  43,966.45    
 Monthly S1  45,456.43  1,489.98   
 Weekly S2  45,494.62  38.19   Yes! The Weekly S2 is close to the Monthly S1.
 Weekly S1  46,220.51  725.89   
 Daily S2  46,474.58  254.07   
 Low  46,707.40  232.82   
 Open  46,707.40  0.00   Yes! The Open is close to the Low.
 Daily S1  46,710.49  3.09   Yes! The Daily S1 is close to the Open.
 61.8% Down from Intraday High  46,886.46  175.96   
 50% Down from Intraday High  46,941.77  55.31   
 Daily Pivot  46,943.32  1.55   Yes! The Daily Pivot is close to the 50% Down from Intraday High.
 Close  46,946.41  3.09   Yes! The Close is close to the Daily Pivot.
 38.2% Down from Intraday High  46,997.08  50.67   
 High  47,176.14  179.06   
 Daily R1  47,179.23  3.09   Yes! The Daily R1 is close to the High.
 Weekly Pivot  47,220.53  41.29   Yes! The Weekly Pivot is close to the Daily R1.
 Daily R2  47,412.06  191.53   
 Weekly R1  47,946.42  534.36   
 Monthly Pivot  47,984.61  38.19   Yes! The Monthly Pivot is close to the Weekly R1.
 Weekly R2  48,946.44  961.83   
 Monthly R1  49,474.59  528.15   
 Monthly R2  52,002.77  2,528.18   

Monday 3/16/26. Market Monday: The Week Ahead

My Prediction

Picture of the Dow utilities on the daily scale.

At A, we see what appears to be a head-and-shoulders top but is unconfirmed. That means the index hasn't closed below the low between the head and right shoulder (R). I show the price at A with a red horizontal line.

At B, we see a triple bottom. I highlight the three bottoms with a green line.

At C, we see the inverse, a triple top. After both triples (B and C) complete, we see good moves, especially after the triple bottom.

What does all of this mean? The head-and-shoulder top, if confirmed, will mean the market will fall. It may not drop far, and there's no guarantee that the pattern will confirm as valid anyway.

Top

A Brief Look Back

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.

Monday: Up 239.25 points.
Tuesday: Down 34.29 points.
Wednesday: Down 289.24 points.
Thursday: Down 739.42 points.
Friday: Down 119.38 points.

For the Week...

The Dow industrials were down 943.08 points or 2.0%.
The Nasdaq composite was down 282.32 points or 1.3%.
The S&P 500 index was down 107.83 points or 1.6%.

Year to Date...

Dow Industrials
     7.8% down from the high of 50,512.79 on 02/10/2026.
     0.1% up from the low of 46,494.63 on 03/13/2026.
Nasdaq
     7.8% down from the high of 23,988.27 on 01/28/2026.
     0.2% up from the low of 22,061.97 on 03/09/2026.
S&P 500
     5.3% down from the high of 7,002.28 on 01/28/2026.
     0.1% up from the low of 6,623.92 on 03/13/2026.

Options Expiration

Many options expire this week, so traders will be looking to close out their positions, and that suggests increased volatility (large daily price swings).

Top

Swing Traders: Pivot Points

The following is based on an SFO article in December 2004 by John Seekinger, titled, "Take a two-dimensional approach." He offers these tips.

IndexS2S1PivotR1R2
Dow Industrials (^DJI): Daily  46,096  46,327  46,726  46,957  47,355 
Weekly  45,365  45,962  47,091  47,688  48,817 
Monthly  43,837  45,198  47,855  49,216  51,873 
S&P500 (^GSPC): Daily  6,554  6,593  6,663  6,702  6,773 
Weekly  6,479  6,556  6,700  6,777  6,922 
Monthly  6,380  6,506  6,750  6,876  7,119 
Nasdaq (^IXIC): Daily  21,780  21,943  22,232  22,395  22,684 
Weekly  21,513  21,809  22,358  22,654  23,203 
Monthly  21,237  21,671  22,496  22,930  23,755 

Here are the formulas:

Pivot point: P = (H + L + C)/3
First resistance level: R1 = (2 * P) - L
First support level: S1 = (2 * P) - H)
Second resistance level: R2 = P + (R1 - S1)
Second support level: S2 = P - (R1 - S1)
H = high price , L=low price, C=closing price

Top

Earnings, Chart Patterns & Industries

Earnings season is over.

Here's a symbol list of 182 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACIW, AMD, AFL, ALK, DOX, AEO, AXP, AFG, APH, AON, APOG, AAPL, ACGL, ANET, AWI, AVNT, AVA, BMI, BCPC, BAX, BOOT, CBT, CALM, CAL, CENX, CRL, CGNX, GLW, CSGP, CROX, CSGS, CW, XRAY, ^DJU, D, ECL, ELV, EVRG, EVH, EXPD, XOM, FDS, FAST, FWRD, FNV, GAP, IT, GE, GNW, GILD, GS, GFF, HSY, HD, HUBG, IIIN, PODD, IBKR, IRM, JBLU, KALU, KELYA, KEYS, KFRC, LOW, MGY, MANH, MAN, MAS, MTDR, META, MLI, MUR, ^IXIC, NFLX, NTAP, NWPX, NTNX, OGE, OMCL, ON, OR, PTEN, PAYX, PHM, QTWO, DGX, RL, RMBS, RJF, RGA, ROK, RCKY, ROP, RGLD, R, ^GSPC, CRM, SBH, SLB, SCHW, SEE, SRE, SMTC, SCI, SLGN, SO, SCCO, LUV, SR, SSYS, TER, TEVA, TXN, TXT, MZTI, TTD, TOL, TRV, TREX, UPS, VC, WMT, WU, WEX, WPM, WSC, XEL, IYC, IEZ, IDU, QQQ, IAT, MXI, ILF, SLV, ITB, EWO, EWK, EWZ, ECH, EEM, EWQ, EWH, EIS, EWI, EWJ, EWW, EPP, EZA, EWD, TUR, QLD, IBB, PBE, PEJ, XLY, XHB, XLI, XLU, VIS, MGK, 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.

This WeekLast Week
1. Semiconductor Cap Equip.1. Semiconductor Cap Equip.
2. Telecom. Equipment2. Oilfield Svcs/Equipment
3. Semiconductor3. Telecom. Equipment
4. Oilfield Svcs/Equipment4. Semiconductor
5. Petroleum (Producing)5. Metals and Mining (Div.)
6. Metals and Mining (Div.)6. Machinery
7. Petroleum (Integrated)7. Petroleum (Producing)
8. Natural Gas (Diversified)8. Biotechnology
9. Machinery9. Natural Gas (Diversified)
10. Biotechnology10. Petroleum (Integrated)
Best Performing AboveWorst Performing Below
50. Healthcare Information50. Medical Services
51. Furn/Home Furnishings51. Toiletries/Cosmetics
52. IT Services52. Homebuilding
53. Internet53. Furn/Home Furnishings
54. E-Commerce54. E-Commerce
55. Building Materials55. Internet
56. Homebuilding56. Building Materials
57. Computer Software and Svcs57. Information Services
58. Investment Co. (Domestic)58. Computer Software and Svcs
59. Information Services59. Investment Co. (Domestic)
60. Human Resources60. Human Resources

-- Thomas Bulkowski

Top


Friday 3/13/26. Pattern Trading Setups for the Weekend.

Here's a symbol list of 164 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACIW, AYI, ALK, AEO, AEP, AFG, AIG, AMWD, APH, APOG, AAPL, ANET, AVNT, BA, BMY, CBT, CALM, CAL, CPB, CE, CNP, CF, CRL, CI, CLNE, CGNX, CMTL, ED, CAG, GLW, COST, CRH, CSGS, XRAY, EMR, EOG, EL, EXC, FAST, FTNT, FWRD, FNV, FDP, GE, GNW, GS, GFF, HSY, HD, DHI, HUBG, HURC, IEX, INCY, IBP, IIIN, ITGR, IPI, JBLU, KBH, KELYA, KEYS, KLAC, LEN, LOW, LXU, MHO, MANH, MAN, MRTN, MS, MOS, MLI, NI, NWPX, OGE, ORI, OLN, OMCL, ON, OR, OXM, PAYX, PETS, PNW, QTWO, ROK, RCKY, RGLD, RES, R, ^GSPC, SAIA, CRM, SBH, SLB, SCHW, SMTC, SCI, SLGN, SO, SCCO, LUV, SR, TDY, TEVA, TOL, UIS, UPS, WMT, WU, WEX, WPM, WMB, XEL, IAI, IYC, IYE, IEZ, IHE, DDM, IAT, IEV, ILF, SOXX, IEO, IYF, ITB, EWO, EWK, EEM, EWQ, EIS, EWI, EWJ, EWS, EWY, EWP, EWD, PBE, PEJ, PJP, PHO, SSO, XLY, XLF, XHB, XLI, SPY, 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.

$ $ $

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

Top

 

 Symbol  Chart Pattern  Bullish 
 Bearish 
Start End Industry
DDDPipe bottom      02/23/202603/02/2026Electronics
ANFDouble Top, Eve and Adam      01/15/202602/04/2026Apparel
ABMHead-and-shoulders top      01/23/202602/20/2026Industrial Services
ACHDiamond top      02/03/202603/12/2026Medical Supplies
AMZNHead-and-shoulders bottom      02/06/202603/03/2026Internet
AMEDouble Top, Adam and Adam      02/12/202603/02/2026Industrial Services
AGODouble Top, Adam and Adam      02/06/202602/27/2026Insurance (Life)
BAXDouble Top, Adam and Adam      02/11/202602/19/2026Medical Supplies
BKHDouble Top, Adam and Adam      02/06/202603/04/2026Electric Utility (West)
BKNGPipe bottom      02/17/202602/23/2026Internet
BFHDiamond bottom      02/13/202603/12/2026Information Services
CALMUgly double bottom      01/14/202602/17/2026Food Processing
CALHead-and-shoulders complex top      12/05/202502/20/2026Shoe
CEDouble Bottom, Eve and Adam      03/02/202603/09/2026Chemical (Basic)
EDTriangle, symmetrical      02/17/202603/11/2026Electric Utility (East)
CRHHead-and-shoulders top      02/03/202602/20/2026Cement and Aggregates
CROXDouble Top, Adam and Eve      02/12/202602/23/2026Shoe
EXPHead-and-shoulders top      02/13/202602/25/2026Cement and Aggregates
EMRPipe top      02/02/202602/09/2026Computers and Peripherals
GAPTriple top      01/09/202602/20/2026Apparel
GFSTriple top      02/12/202603/05/2026Semiconductor
GGGDouble Top, Eve and Adam      02/12/202603/02/2026Machinery
HEHead-and-shoulders top      01/29/202603/02/2026Electric Utility (West)
HELEDouble Top, Adam and Adam      02/10/202602/20/2026Toiletries/Cosmetics
HSYPipe top      02/23/202603/02/2026Food Processing
HUMDouble Top, Eve and Adam      02/19/202602/27/2026Medical Services
JBHTDouble Top, Adam and Eve      02/11/202603/04/2026Trucking/Transp. Leasing
HURCDouble Top, Adam and Eve      01/12/202602/26/2026Machinery
INCYPipe top      02/02/202602/09/2026Drug
INTCTriple bottom      02/20/202603/09/2026Semiconductor
KMTDouble Top, Eve and Adam      02/11/202603/04/2026Metal Fabricating
LRCXDouble Top, Eve and Adam      01/30/202602/25/2026Semiconductor Cap Equip.
LEGPipe top      02/02/202602/09/2026Furn/Home Furnishings
LLYHead-and-shoulders top      11/26/202502/04/2026Drug
LMTDiamond top      02/19/202603/09/2026Aerospace/Defense
MLMDouble Top, Adam and Adam      02/10/202602/25/2026Cement and Aggregates
MTRNDouble Top, Adam and Eve      02/12/202603/02/2026Metals and Mining (Div.)
MDTDouble Top, Eve and Eve      11/26/202502/04/2026Medical Supplies
MGEEDouble Top, Adam and Eve      02/17/202602/24/2026Electric Utility (Central)
MYGNTriangle, symmetrical      02/24/202603/10/2026Biotechnology
NOVTHead-and-shoulders complex top      01/22/202603/05/2026Precision Instrument
NUSHead-and-shoulders top      12/15/202502/06/2026Toiletries/Cosmetics
NTNXTriangle, symmetrical      01/26/202603/12/2026E-Commerce
NVDADouble Bottom, Adam and Adam      03/02/202603/09/2026Semiconductor
ORIDouble Top, Eve and Eve      02/17/202603/02/2026Insurance (Prop/Casualty)
OMCLDouble Top, Adam and Eve      02/26/202603/05/2026Healthcare Information
OXMDouble Top, Eve and Eve      02/12/202602/20/2026Apparel
PCTYHorn bottom      02/09/202602/23/2026E-Commerce
PFGDouble Top, Eve and Eve      02/06/202602/26/2026Insurance (Diversified)
DGXDouble Top, Adam and Adam      02/12/202602/27/2026Medical Services
RLPipe top      02/17/202602/23/2026Apparel
RMBSTriangle, symmetrical      02/03/202603/02/2026Semiconductor Cap Equip.
RGADouble Top, Adam and Adam      02/06/202602/23/2026Insurance (Life)
ROGTriple top      02/12/202603/04/2026Electronics
RDouble Top, Adam and Eve      02/11/202602/26/2026Trucking/Transp. Leasing
SBHDouble Top, Adam and Eve      01/21/202602/09/2026Toiletries/Cosmetics
MZTIDouble Top, Adam and Adam      02/26/202603/04/2026Food Processing
TSCOTriple top      01/26/202602/12/2026Retail Building Supply
TDGHead-and-shoulders top      02/12/202603/03/2026Aerospace/Defense
TGDouble Top, Eve and Eve      02/09/202603/02/2026Chemical (Specialty)
TREXTriple top      01/21/202602/25/2026Building Materials
UHALDouble Top, Eve and Eve      02/20/202603/02/2026Trucking/Transp. Leasing
VFCDouble Top, Eve and Adam      02/04/202602/20/2026Apparel
VCHead-and-shoulders top      02/04/202602/26/2026Electronics

 

Top

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