As of 01/07/2026
  Indus: 48,996 -466.00 -0.9%  
  Trans: 17,862 -171.80 -1.0%  
  Utils: 1,048 -25.17 -2.3%  
  Nasdaq: 23,584 +37.11 +0.2%  
  S&P 500: 6,921 -23.89 -0.3%  
YTD
 +1.9%  
 +2.9%  
-1.8%  
 +1.5%  
 +1.1%  
  Targets    Overview: 01/01/2026  
  Up arrow50,000 or 48,000 by 01/15/2026
  Up arrow18,400 or 16,800 by 01/15/2026
  Down arrow1,040 or 1,100 by 01/15/2026
  Down arrow22,400 or 24,500 by 01/15/2026
  Up arrow7,250 or 6,700 by 01/15/2026
As of 01/07/2026
  Indus: 48,996 -466.00 -0.9%  
  Trans: 17,862 -171.80 -1.0%  
  Utils: 1,048 -25.17 -2.3%  
  Nasdaq: 23,584 +37.11 +0.2%  
  S&P 500: 6,921 -23.89 -0.3%  
YTD
 +1.9%  
 +2.9%  
-1.8%  
 +1.5%  
 +1.1%  
  Targets    Overview: 01/01/2026  
  Up arrow50,000 or 48,000 by 01/15/2026
  Up arrow18,400 or 16,800 by 01/15/2026
  Down arrow1,040 or 1,100 by 01/15/2026
  Down arrow22,400 or 24,500 by 01/15/2026
  Up arrow7,250 or 6,700 by 01/15/2026

Bulkowski on Indicators

This page serves as the gateway to various indicators that I have tested. Below is the list. Yes, it's short because I don't use many indicators. When considering a trade, I will review the commodity channel index (CCI) and Wilder's relative strength index (RSI) plus Bollinger bands.

With CCI, it gives very short term trading signals and divergence. RSI also shows divergence and overbought/oversold signals. Those can be quite timely. Bollinger bands, when narrow, suggest a large price moving coming. That means higher volatility. Swings between bands also provide information, meaning that when price touches the top band, it may bounce off and toucher the lower one, and vice versa.

The chart pattern indicator, or CPI, provides market direction information. I find it best to trade with the trend and the CPI helps with that. If it signals green, I go long. If it signals red, I avoid taking on new, long positions and may take profits if the chart pattern indicator has just swung from buy (green) to sell (red).

 

  1. CPI location

    Chart Pattern Indicator. Invented by Thomas Bulkowski, the indicator does a very good job at predicting market turns, but it has several days of lag. Thus, the indicator is best used as a weekly signaling device only. The current reading of the indicator can be found on the home page, above Weekly Updates, near the upper left of the page (see the image, as 'Market outlook...') or on most other website pages (as 'CPI...').

  2.  

  3. Wilder's relative strength index. The page discusses the RSI and tunes the parameters for stocks. The best results come from threshold settings of 20 and 80 with 16 day look back for buys and 14 day look back for sales. Review the tests and pick your own settings.

-- Thomas Bulkowski

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