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 Retrace Setup

My book, Swing and Day TradingSwing and Day Trading: Evolution of a Trader book., has other trading setups geared toward swing and day traders. I show a picture of the book on the left.

If you click on the above link and then buy the book (or anything) while at Amazon.com, the referral will help support this site. Thanks.

-- Tom Bulkowski

$ $ $

The following table show securities (stocks, exchange traded funds, indices) that have retraced a portion of the prior up trend.

To create this list, my computer found the most recent three major turns in which price climbed and then retraced. The retrace is between 57% and 67% of the first two turns, bracketing the 62% Fibonacci retrace number.

Retrace Setup Definitions

The table shows the Bottom, Peak, Bottom, which are the three turns.
The Last Close is the most recent closing price as of the day the list was created.
Diff is the difference between the last close and the most recent bottom.
Suggested Stop is placed at 67% below the Top. Research says that this stop should only trigger a third of the time, allowing two thirds of trades to work. In real trading, though, anything could happen, so set a stop where you feel is best.

All of this is just guidance and I do not offer any type of guarantee that this setup will work. If and how you trade this is entirely up to you.

For more information on the setup, click See Also

-- Thomas Bulkowski

Retrace Setups

If none appear, then no setups were found in the 600+ securities I reviewed.

This is a list of stocks, ETFs and indices with a 57% to 67% retrace of the most recent advance, as of 12/19/24.

SecurityBottomPeakBottomLast
Close
DiffRetraceSuggested
Stop
Agilent Technologies Inc (A)  11/20/24   12/10/24  12/19/24 $131.62 $133.19 $1.57 1.2% 66% $131.49 -1.3%
Assured Guaranty Ltd. (AGO)  11/5/24   11/25/24  12/10/24 $87.50 $85.90 -$1.60 -1.8% 57% $86.13 0.3%
Boston Scientific Corp (BSX)  11/15/24   11/22/24  12/9/24 $88.51 $88.66 $0.15 0.2% 58% $87.96 -0.8%
Church and Dwight Co Inc (CHD)  10/31/24   11/22/24  12/19/24 $104.79 $105.85 $1.06 1.0% 64% $104.34 -1.4%
ConAgra Brands Inc (CAG)  11/15/24   12/5/24  12/6/24 $27.16 $26.81 -$0.35 -1.3% 62% $27.03 0.8%
Friedman Industries Inc (FRD)  11/21/24   12/2/24  12/18/24 $15.31 $16.02 $0.71 4.6% 62% $15.08 -5.9%
Gilead Sciences Inc (GILD)  11/19/24   12/11/24  12/13/24 $89.15 $91.09 $1.94 2.2% 64% $88.91 -2.4%
Griffon Corp (GFF)  10/29/24   11/25/24  12/19/24 $71.01 $72.00 $0.99 1.4% 64% $70.34 -2.3%
Howmet Aerospace Inc (HWM)  10/29/24   12/6/24  12/18/24 $107.53 $109.35 $1.82 1.7% 60% $106.05 -3.0%
IDACORP Inc (IDA)  10/31/24   11/25/24  12/18/24 $108.73 $109.00 $0.27 0.2% 58% $106.81 -2.0%
Keysight Technologies Inc (KEYS)  11/19/24   11/25/24  12/19/24 $158.82 $159.85 $1.03 0.6% 60% $156.97 -1.8%
Marten Transport Ltd (MRTN)  11/20/24   11/29/24  12/6/24 $16.82 $15.91 -$0.91 -5.4% 61% $16.75 5.3%
Nike Inc (NKE)  11/20/24   12/6/24  12/11/24 $76.31 $77.10 $0.79 1.0% 57% $75.51 -2.1%
RLI Corp (RLI)  10/25/24   11/27/24  12/10/24 $163.93 $165.15 $1.22 0.7% 66% $163.52 -1.0%
Targa Resources Corp (TRGP)  9/27/24   11/22/24  12/19/24 $171.19 $172.53 $1.34 0.8% 59% $165.94 -3.8%
MSCI Germany Index (EWG)  11/13/24   12/6/24  12/19/24 $31.88 $31.95 $0.07 0.2% 66% $31.86 -0.3%
MSCI Turkey Index (TUR)  11/20/24   12/9/24  12/19/24 $35.66 $35.66 $0.00 0.0% 61% $35.37 -0.8%
United States Natural Gas (UNG)  11/1/24   11/21/24  12/17/24 $13.40 $15.40 $1.99 14.9% 67% $13.40 -13.0%

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