As of 12/20/2024
  Indus: 42,840 +498.02 +1.2%  
  Trans: 15,892 +32.54 +0.2%  
  Utils: 986 +14.76 +1.5%  
  Nasdaq: 19,573 +199.83 +1.0%  
  S&P 500: 5,931 +63.77 +1.1%  
YTD
 +13.7%  
0.0%  
 +11.9%  
 +30.4%  
 +24.3%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Down arrow16,100 or 17,700 by 01/01/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025
As of 12/20/2024
  Indus: 42,840 +498.02 +1.2%  
  Trans: 15,892 +32.54 +0.2%  
  Utils: 986 +14.76 +1.5%  
  Nasdaq: 19,573 +199.83 +1.0%  
  S&P 500: 5,931 +63.77 +1.1%  
YTD
 +13.7%  
0.0%  
 +11.9%  
 +30.4%  
 +24.3%  
  Targets    Overview: 12/12/2024  
  Up arrow44,200 or 41,750 by 01/01/2025
  Down arrow16,100 or 17,700 by 01/01/2025
  Up arrow1,050 or 975 by 01/01/2025
  Up arrow20,500 or 19,300 by 01/01/2025
  Up arrow6,100 or 5,775 by 01/01/2025

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

 
Top of page
 

 

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

Copyright © 2005-2024 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