As of 06/02/2023

Indus: 33,763 +701.19 +2.1%

Trans: 14,150 +270.31 +1.9%

Utils: 900 +9.20 +1.0%

Nasdaq: 13,241 +139.79 +1.1%

S&P 500: 4,282 +61.35 +1.5%

YTD

+1.9%

+5.7%

-7.0%

+26.5%

+11.5%

Targets Overview: 05/30/2023

33,950 or 32,000 by 06/15/2023

14,600 or 13,350 by 06/15/2023

935 or 880 by 06/15/2023

13,600 or 12,200 by 06/15/2023

4,350 or 4,000 by 06/15/2023

Chart Pattern Indicator:

on 6/1/23

As of 06/02/2023

Indus: 33,763 +701.19 +2.1%

Trans: 14,150 +270.31 +1.9%

Utils: 900 +9.20 +1.0%

Nasdaq: 13,241 +139.79 +1.1%

S&P 500: 4,282 +61.35 +1.5%

YTD

+1.9%

+5.7%

-7.0%

+26.5%

+11.5%

Targets Overview: 05/30/2023

33,950 or 32,000 by 06/15/2023

14,600 or 13,350 by 06/15/2023

935 or 880 by 06/15/2023

13,600 or 12,200 by 06/15/2023

4,350 or 4,000 by 06/15/2023

Chart Pattern Indicator:

on 6/1/23

Bulkowski's Descending Scallops Quiz

Released 11/22/2019.

Descending Scallops: Quiz

Below is a slider quiz to test your ability to identify descending scallops. Captions appear below the pictures in red for guidance, so be sure to scroll down far enough to read them.

1 / 5

Shown in red at AB is a descending scallop. These patterns are plentiful. The pattern starts at A with price making a sharp drop lower, rounding upward at the bottom, and swinging higher to form a peak at B. Peak B is below A. Most (66%) breakout downward, like that shown here. A downward breakout occurs when price closes below the bottom of the pattern.

2 / 5