As of 01/27/2023
  Indus: 33,978 +28.67 +0.1%  
  Trans: 14,483 +191.14 +1.3%  
  Utils: 968 +1.08 +0.1%  
  Nasdaq: 11,622 +109.30 +0.9%  
  S&P 500: 4,071 +10.13 +0.2%  
YTD
 +2.5%  
 +8.1%  
 +0.0%  
 +11.0%  
 +6.0%  
  Targets    Overview: 01/13/2023  
  Up arrow34,900 or 33,150 by 02/01/2023
  Up arrow15,100 or 13,500 by 02/01/2023
  Up arrow1,040 or 950 by 02/01/2023
  Up arrow12,400 or 11,000 by 02/15/2023
  Up arrow4,100 or 3,800 by 02/01/2023
As of 01/27/2023
  Indus: 33,978 +28.67 +0.1%  
  Trans: 14,483 +191.14 +1.3%  
  Utils: 968 +1.08 +0.1%  
  Nasdaq: 11,622 +109.30 +0.9%  
  S&P 500: 4,071 +10.13 +0.2%  
YTD
 +2.5%  
 +8.1%  
 +0.0%  
 +11.0%  
 +6.0%  
  Targets    Overview: 01/13/2023  
  Up arrow34,900 or 33,150 by 02/01/2023
  Up arrow15,100 or 13,500 by 02/01/2023
  Up arrow1,040 or 950 by 02/01/2023
  Up arrow12,400 or 11,000 by 02/15/2023
  Up arrow4,100 or 3,800 by 02/01/2023

Bulkowski's Rounding Bottom Quiz

Released 11/4/2019.

Rounding Bottom: Quiz

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

 

1 / 6
chart pattern
This is an example of a rounding bottom on the daily scale. Because these patterns can be quite wide, often the weeks scale works better to find them. Look for a rounded bowl shape (which my red line at A doesn't do justice).
2 / 6
chart pattern
One of the oddities I notice is a pronounced bump mid-way through the turn. Here I show that bump starting at A and ending at B. Thus, if you buy before A, don't be alarmed if price drops. It'll usually stop the decline above the low at A. If not, then it might be wise to close out a long position. In this example, the low at B is above the low at A.
3 / 6
chart pattern
Find as many rounding bottoms as you can. For help, click here.
4 / 6
chart pattern
I show the rounding bottoms in red. The downward spikes in the turn during February-March makes that bottom too irregular to qualify.
5 / 6
chart pattern
Find as many rounding bottoms as you can.
6 / 6
chart pattern
The rounding bottoms are in red. The one in blue is better called an ascending scallop.

See Also

 
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