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

34,900 or 33,150 by 02/01/2023

15,100 or 13,500 by 02/01/2023

1,040 or 950 by 02/01/2023

12,400 or 11,000 by 02/15/2023

4,100 or 3,800 by 02/01/2023

Chart Pattern Indicator:

on 1/19/23

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

34,900 or 33,150 by 02/01/2023

15,100 or 13,500 by 02/01/2023

1,040 or 950 by 02/01/2023

12,400 or 11,000 by 02/15/2023

4,100 or 3,800 by 02/01/2023

Chart Pattern Indicator:

on 1/19/23

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.

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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

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