Bulkowski's Blog: ThePatternSite.com
As of 04/17/2026
  Indus: 49,447 +868.71 +1.8%  
  Trans: 22,422 +609.39 +2.8%  
  Utils: 1,158 -6.73 -0.6%  
  Nasdaq: 24,468 +365.78 +1.5%  
  S&P 500: 7,126 +84.78 +1.2%  
YTD
 +2.9%  
 +29.2%  
 +8.4%  
 +5.3%  
 +4.1%  
  Targets    Overview: 04/14/2026  
  Up arrow49,800 or 46,750 by 05/01/2026
  Up arrow23,500 or 20,700 by 05/01/2026
  Down arrow1,120 or 1,200 by 05/01/2026
  Up arrow24,550 or 23,400 by 05/01/2026
  Up arrow7,250 or 6,675 by 05/01/2026
As of 04/17/2026
  Indus: 49,447 +868.71 +1.8%  
  Trans: 22,422 +609.39 +2.8%  
  Utils: 1,158 -6.73 -0.6%  
  Nasdaq: 24,468 +365.78 +1.5%  
  S&P 500: 7,126 +84.78 +1.2%  
YTD
 +2.9%  
 +29.2%  
 +8.4%  
 +5.3%  
 +4.1%  
  Targets    Overview: 04/14/2026  
  Up arrow49,800 or 46,750 by 05/01/2026
  Up arrow23,500 or 20,700 by 05/01/2026
  Down arrow1,120 or 1,200 by 05/01/2026
  Up arrow24,550 or 23,400 by 05/01/2026
  Up arrow7,250 or 6,675 by 05/01/2026

April 2026 Headlines

Archives


Monday 4/20/26. Market Monday: The Week Ahead

My Prediction

Picture of the S and P on the daily scale.

I show a chart of the S&P 500 index on the daily scale.

The inverted and descending scallop highlighted at AB sees the index climb after it completes. The pattern breaks out upward when the index closes above the top of it.

The index has climbed to post a new high, at C. However, the most recent gap is likely an exhaustion gap. So my guess is the index will retrace and perhaps make a sharp drop.

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A Brief Look Back

The following is a brief review of how the markets performed over time. The numbers refer to the close-to-close move in the Dow industrials.

Monday: Up 301.68 points.
Tuesday: Up 317.74 points.
Wednesday: Down 72.27 points.
Thursday: Up 115 points.
Friday: Up 868.71 points.

For the Week...

The Dow industrials were up 1530.86 points or 3.2%.
The Nasdaq composite was up 1565.59 points or 6.8%.
The S&P 500 index was up 309.17 points or 4.5%.

Year to Date...

Dow Industrials
     2.1% down from the high of 50,512.79 on 02/10/2026.
     9.7% up from the low of 45,057.28 on 03/30/2026.
Nasdaq
     0.2% down from the high of 24,519.51 on 04/17/2026.
     18.3% up from the low of 20,690.25 on 03/30/2026.
S&P 500
     0.3% down from the high of 7,147.52 on 04/17/2026.
     12.8% up from the low of 6,316.91 on 03/30/2026.

Options Expiration

No options expire this week.

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Swing Traders: Pivot Points

The following is based on an SFO article in December 2004 by John Seekinger, titled, "Take a two-dimensional approach." He offers these tips.

IndexS2S1PivotR1R2
Dow Industrials (^DJI): Daily  48,389  48,918  49,318  49,847  50,247 
Weekly  46,678  48,063  48,890  50,275  51,102 
Monthly  43,414  46,430  48,074  51,091  52,735 
S&P500 (^GSPC): Daily  7,043  7,085  7,116  7,158  7,189 
Weekly  6,664  6,895  7,021  7,252  7,379 
Monthly  6,033  6,579  6,863  7,410  7,694 
Nasdaq (^IXIC): Daily  24,192  24,330  24,425  24,563  24,658 
Weekly  22,204  23,336  23,928  25,060  25,652 
Monthly  19,397  21,933  23,226  25,762  27,055 

Here are the formulas:

Pivot point: P = (H + L + C)/3
First resistance level: R1 = (2 * P) - L
First support level: S1 = (2 * P) - H)
Second resistance level: R2 = P + (R1 - S1)
Second support level: S2 = P - (R1 - S1)
H = high price , L=low price, C=closing price

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Earnings, Chart Patterns & Industries

Earnings season is either underway or should be starting soon. The sessions could be more volatile.

Here's a symbol list of 282 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ACH, ACIW, AYI, ADBE, ADTN, AMD, AES, APD, ALK, ALKS, ALGT, AMZN, DOX, AEE, APH, ANIK, APA, APOG, ARCB, ACGL, AVY, BMI, BAX, BOOT, BRC, BFH, BCO, BMY, BRKR, BLDR, CALM, CX, CENX, CRL, CHKP, CVX, CHD, CSCO, CLNE, CNX, CMCO, COP, CSGP, COTY, CR, CROX, CCK, CSGS, CMI, CW, DVN, ^DJT, ^DJI, EME, EMR, EOG, EPAM, EFX, EG, EVRG, EVH, EXPI, EXPD, FAST, FDX, FLS, FORM, FWRD, FNV, FDP, GME, GAP, GPN, GFS, GL, GS, GGG, GFF, HLIT, HE, HELE, HP, HSIC, HNI, HD, DHI, HOV, HWM, IDXX, IBP, IIIN, ITGR, IBKR, TILE, IPI, KBH, KMT, KEYS, KFRC, KMB, KLAC, LHX, LZB, LH, LAMR, LDOS, LEN, LLY, LNC, RAMP, LOW, LXU, MHO, MGY, MLM, MAS, MTDR, MTRN, MTRX, MRK, MLKN, MS, MUR, NBR, ^IXIC, NFG, NEU, NI, NOC, NOVT, NTNX, NVDA, OXY, OLN, OMCL, ORCL, OR, OUT, PKE, PTEN, PG, PHM, KWR, DGX, RL, RMBS, RRC, RGS, ROK, RCKY, ROG, R, ^GSPC, SAIA, SLB, SCHW, SMTC, SKYW, SGI, SCCO, LUV, SPSC, SXI, SSYS, TPR, TECH, TDOC, TER, TXN, TKR, TSCO, RIG, TZOO, TREX, UGI, UIS, VFC, VLO, VC, VMC, WLK, WSC, WWD, IYC, IYE, IEZ, IHE, DDM, FTEC, QTEC, FXL, FXI, AIQ, BOTZ, QQQ, ICF, IYH, IHF, IXC, MXI, IXN, ILF, SOXX, SLV, IGE, IEO, ITB, EWO, EWK, EWC, ECH, EEM, EWQ, EWG, EWH, EIS, EWJ, EWM, EWS, EZA, EWY, EWD, EWL, EWT, THD, TUR, QLD, PPA, DBA, PBE, PEJ, PJP, SSO, ROBO, XLY, XLP, XLE, GLD, XLV, XHB, XLI, XRT, SPY, XLK, UNG, USO, SMH, VHT, VIS, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

The below industries were the best (rank 1) or worst performing of those I follow.

This WeekLast Week
1. Telecom. Equipment1. Telecom. Equipment
2. Semiconductor Cap Equip.2. Semiconductor Cap Equip.
3. Oilfield Svcs/Equipment3. Oilfield Svcs/Equipment
4. Semiconductor4. Semiconductor
5. Petroleum (Producing)5. Petroleum (Producing)
6. Machinery6. Metals and Mining (Div.)
7. Trucking/Transp. Leasing7. Machinery
8. Air Transport8. Air Transport
9. Metals and Mining (Div.)9. Trucking/Transp. Leasing
10. Chemical (Diversified)10. Petroleum (Integrated)
Best Performing AboveWorst Performing Below
50. Information Services50. Computers and Peripherals
51. Medical Services51. Medical Services
52. Toiletries/Cosmetics52. Toiletries/Cosmetics
53. Furn/Home Furnishings53. Furn/Home Furnishings
54. E-Commerce54. Information Services
55. Short ETFs55. Investment Co. (Domestic)
56. Human Resources56. E-Commerce
57. Healthcare Information57. Healthcare Information
58. IT Services58. Human Resources
59. Investment Co. (Domestic)59. IT Services
60. Computer Software and Svcs60. Computer Software and Svcs

-- Thomas Bulkowski

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Friday 4/17/26. Pattern Trading Setups for the Weekend.

Here's a symbol list of 128 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ANF, ACIW, AMD, APD, AEE, AVY, AZTA, BAX, BKH, BSX, BRC, BRKR, BLDR, CAL, CE, CX, CRL, CHKP, CINF, CSCO, CLNE, CLX, CNX, CMCO, CAG, CSGP, COTY, DECK, DDS, ELV, EVRG, EXPI, FLEX, FTV, GAP, GIS, GPN, GFS, THG, HE, HNI, HUBG, JBHT, IIIN, JBLU, KMB, LHX, LDOS, LEN, RAMP, MHO, MLM, MLKN, MS, MOS, MUR, ^IXIC, NFLX, NWL, ORI, OMC, ON, OTEX, ORCL, PTEN, PEN, PPG, QTWO, QCOM, RTX, RNG, ROP, RES, SIGI, NOW, LUV, SXI, TDOC, TDY, TEVA, TTD, TJX, TSCO, TDG, RIG, TWLO, UIS, VLO, VRTX, VMC, WLK, WPM, XEL, FXL, FXI, AIQ, QQQ, IEV, IGV, IXC, IGE, IEO, EWY, EWL, QLD, DBA, PBE, PEJ, PXJ, SSO, SPY, XAR, USO. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

You can find setups based on a Fibonacci retrace by clicking on the link.

The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.

In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.

For details about the chart patterns, click here.

-- Thomas Bulkowski

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 Symbol  Chart Pattern  Bullish 
 Bearish 
Start End Industry
DDDPipe bottom      03/30/202604/06/2026Electronics
ALBUgly double bottom      03/20/202604/06/2026Chemical (Diversified)
ALGTPipe bottom      03/09/202603/16/2026Air Transport
AEPPipe bottom      03/16/202603/23/2026Electric Utility (Central)
AMATDouble Bottom, Adam and Adam      03/09/202603/30/2026Semiconductor Cap Equip.
AWIHead-and-shoulders bottom      03/19/202604/02/2026Building Materials
ARWDouble Bottom, Adam and Adam      03/20/202603/30/2026Electronics
ATOBroadening top      03/02/202604/09/2026Natural Gas (Diversified)
BRCDouble Bottom, Adam and Adam      03/31/202604/07/2026Chemical (Diversified)
BRKRDouble Bottom, Adam and Adam      03/16/202603/27/2026Precision Instrument
CALPipe bottom      03/09/202603/16/2026Shoe
CMCODouble Bottom, Adam and Eve      03/19/202604/07/2026Machinery
DVNPipe top      03/23/202603/30/2026Natural Gas (Diversified)
FWRDHead-and-shoulders bottom      03/16/202603/30/2026Trucking/Transp. Leasing
FRDDouble Bottom, Adam and Adam      03/13/202603/18/2026Building Materials
GMEHead-and-shoulders bottom      03/20/202604/10/2026Retail (Special Lines)
GPNPipe bottom      03/30/202604/06/2026Computer Software and Svcs
HSICTriple bottom      03/19/202604/02/2026Medical Supplies
HNIPipe bottom      03/30/202604/06/2026Furn/Home Furnishings
ILMNTriple bottom      03/12/202604/10/2026Biotechnology
IIINDead-cat bounce      04/16/202604/16/2026Building Materials
ITGRTriangle, symmetrical      03/12/202604/14/2026Electronics
KELYADouble Bottom, Eve and Adam      03/19/202604/09/2026Human Resources
LEGDouble Bottom, Adam and Eve      03/20/202604/02/2026Furn/Home Furnishings
MPipe bottom      03/09/202603/16/2026Retail Store
MYGNHead-and-shoulders bottom      03/18/202604/13/2026Biotechnology
NOVTriangle, symmetrical      02/24/202604/15/2026Oilfield Svcs/Equipment
NWLHead-and-shoulders bottom      03/20/202604/06/2026Household Products
OMCDouble Bottom, Adam and Adam      03/27/202604/09/2026Advertising
ORCLDouble Bottom, Adam and Adam      03/30/202604/10/2026Computer Software and Svcs
PYPLUgly double bottom      02/12/202603/20/2026Financial Services
RRCPipe top      03/23/202603/30/2026Petroleum (Producing)
RGSTriangle, ascending      03/17/202604/14/2026Toiletries/Cosmetics
RNGPipe top      03/02/202603/09/2026Computer Software and Svcs
SCHWTriple bottom      02/23/202604/01/2026Securities Brokerage
SAICBroadening top      03/19/202604/10/2026IT Services
SEICDouble Bottom, Adam and Adam      03/27/202604/07/2026IT Services
SHOPDouble Bottom, Eve and Adam      03/27/202604/10/2026E-Commerce
TOLDouble Bottom, Adam and Adam      03/20/202603/30/2026Homebuilding
WSOPipe bottom      03/23/202603/30/2026Retail Building Supply
WEXDouble Bottom, Adam and Eve      03/19/202603/31/2026Information Services

 

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Thursday 4/16/26. Intraday Market Direction: Nasdaq

The Nasdaq climbed by 1.6% or 376.94 points. Since 02/05/1971 the Nasdaq made 105 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.8% on 55 occasions.
     Average loss was -1.2% on 50 occasions.
Expect the Nasdaq to close higher 52.4% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Nasdaq closing higher has been right 305/561 or 54.4% of the time.
     The prediction of the Nasdaq closing lower has been right 89/186 or 47.8% of the time.

$ $ $

Picture of the Nasdaq composite on the 5 minute scale.

I show a picture of the Nasdaq composite on the 5-minute scale.

I don't see anything of interest. I drew several trendlines connecting the bottoms. It slopes upward as if the index is going exponential.

Other than that, the chart lacks details to comment on individual patterns.

$ $ $

Here's a symbol list of 111 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ACH, ACIW, ADTN, AMD, ALB, ALKS, APA, APOG, AAPL, ADSK, ADP, BIO, BCO, BMY, BRKR, BBW, BLDR, CPB, CF, CRL, CVX, CLNE, CL, CMCO, CSGS, DVN, EXP, EIX, EOG, EXPI, EZPW, FICO, FISV, FLS, FCX, FDP, GAP, GPN, GFS, HNI, HOV, JBHT, IBKR, TILE, JKHY, LEN, LXU, MHO, MGY, MSFT, MS, MLI, MYGN, ^IXIC, NFLX, NWPX, PETS, PFE, PGR, KWR, RTX, RGS, RNG, RLI, ROST, SAIA, SCHW, TDOC, TDG, TWLO, UIS, VMI, XEL, IYM, IAI, IYE, FTEC, QTEC, FXL, AIQ, IHF, IEV, IXC, MXI, ITB, EWA, EWM, EWL, THD, IBB, XLB, XAR, XLK, USO, VAW, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  20,251.16    
 Weekly S2  21,478.83  1,227.67   
 Monthly S1  22,133.59  654.76   
 Monthly Pivot  22,572.68  439.09   
 Weekly S1  22,747.42  174.74   
 Weekly Pivot  22,879.60  132.17   
 Daily S2  23,550.65  671.05   
 Low  23,672.26  121.61   
 Open  23,688.12  15.86   Yes! The Open is close to the Low.
 Daily S1  23,783.33  95.21   
 61.8% Down from Intraday High  23,807.60  24.27   Yes! The 61.8% Down from Intraday High is close to the Daily S1.
 50% Down from Intraday High  23,849.41  41.81   
 38.2% Down from Intraday High  23,891.22  41.81   
 Daily Pivot  23,904.95  13.73   Yes! The Daily Pivot is close to the 38.2% Down from Intraday High.
 Close  24,016.02  111.07   
 High  24,026.56  10.54   Yes! The High is close to the Close.
 Daily R1  24,137.63  111.07   
 Weekly R1  24,148.19  10.56   Yes! The Weekly R1 is close to the Daily R1.
 Daily R2  24,259.25  111.05   
 Weekly R2  24,280.37  21.12   Yes! The Weekly R2 is close to the Daily R2.
 Monthly R1  24,455.11  174.74   
 Monthly R2  24,894.20  439.09   

Wednesday 4/15/26. A Look at the Chart Pattern Indicator (CPI)

Picture of the chart pattern indicator

This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.

There's not a lot going on in this chart. I boxed in magenta overhead resistance created by peaks. The index is bumping up against that resistance. However, it could plow through that resistance . . . or it could drop.

The CPI is at 88 where 100 is the max. Often when it approaches 100, we see a sharp drop in the CPI but maybe not a corresponding drop in the index.

Because much of today's markets are driven by world events, I don't see anything on the chart that offers a clear prediction.

$ $ $

Here's a symbol list of 181 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ACH, ACIW, AMD, A, AKAM, ALK, AA, ALGT, AMZN, DOX, AMN, APH, APA, ASH, ADSK, BMI, BIO, BKNG, BRKR, BLDR, CENX, CF, CRL, CVX, CLNE, COP, COST, CCRN, DHR, XRAY, DVN, FANG, DDS, ECL, EOG, EG, XOM, EZPW, FAST, FISV, FLS, FMC, FWRD, FNV, FRD, GAP, GE, GPN, GFS, GOOGL, HL, HNI, DHI, ITGR, IPAR, IBKR, IPI, ISRG, IRM, LZB, LEN, LNC, MGY, MAN, MA, MTDR, MRCY, META, MSFT, MS, MUR, MYGN, ^IXIC, NFLX, NTGR, NTAP, NEE, NVDA, OXY, OMC, ASGN, PYPL, PCG, PFG, PSTG, RRC, RTX, RGLD, ^GSPC, SAIA, SCHW, SHW, SHOP, SKYW, SWX, TRGP, TEVA, TDG, TREX, UGI, UIS, VFC, VECO, VRTX, V, WEX, WMB, WWD, XEL, ITA, IAI, IYC, IYE, IEZ, FTEC, FDN, QTEC, FXL, FXI, AIQ, BOTZ, IEV, IXC, MXI, IXN, SLV, IEO, EWA, EWO, EWK, EWZ, EWC, EEM, EWQ, EWG, EIS, EWI, EWJ, EWM, EWY, EWP, EWL, EWT, THD, TUR, EWU, QLD, PPA, DBA, PBE, PEJ, SSO, ROBO, XLY, XLE, SPY, XAR, XLK, USO, SMH, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

-- Thomas Bulkowski

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Tuesday 4/14/26. Slider Trading Quiz!

The Dow climbed by 0.6% or 301.68 points. Since 10/01/1928 the Dow made 928 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.6% on 522 occasions.
     Average loss was -0.6% on 406 occasions.
Expect the Dow to close higher 56.3% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Dow closing higher has been right 331/606 or 54.6% of the time.
     The prediction of the Dow closing lower has been right 63/129 or 48.8% of the time.

$ $ $

I show another slider trading quiz featuring Newport (NEWP) stock.

$ $ $

Here's a symbol list of 207 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: MMM, ANF, ABM, ACH, A, ALL, AEO, AXP, AFG, AIG, AMWD, ANET, ARW, AIZ, ADP, AXS, AZTA, BMI, BALL, BAX, BBY, BIO, BA, BAH, BRC, BFH, BCO, BMY, BRKR, BBW, CE, CLS, CNC, CVX, CLF, CGNX, CL, CMTL, GLW, CSGP, CSGS, CMI, CW, DHR, DECK, XRAY, DVN, FANG, ^DJT, ^DJI, DOV, ECL, EL, EZPW, FFIV, FDS, FIVN, FRD, IT, GL, GOOGL, GFF, HELE, HP, HSIC, HSY, HNI, HD, HWM, HUN, ITW, ISRG, JNJ, KALU, KMT, KLAC, LHX, LEG, LDOS, LLY, LMT, LPLA, LXU, MKTX, MTRN, META, MSFT, MCO, MS, MLI, MYGN, NBR, ^IXIC, NFLX, NTGR, ORI, PKE, PTEN, PAYX, PCTY, PYPL, PSTG, DGX, RRC, RJF, REGN, RNG, RLI, ROP, ^GSPC, SIGI, SKYW, LUV, SWX, SSYS, TRGP, TGT, TECH, TDY, TXN, TXT, TMO, TZOO, TREX, UIS, UNH, VMI, VC, WRB, WSO, WU, WMB, WSC, WDAY, ZBRA, ITA, IYC, IYE, FDN, QTEC, FXI, AIQ, BOTZ, QQQ, IHF, IEV, IXN, IEO, IYF, ITB, EWA, EWO, EWK, EWC, ECH, EEM, EIS, EWI, EWJ, EPP, EWS, EWD, EWL, EWT, QLD, PPA, PEJ, PXJ, PHO, SSO, ROBO, XLY, XLF, XHB, XLI, SPY, XLK, VIS, VAW, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  43,933.16    
 Weekly S2  45,476.48  1,543.32   
 Monthly S1  46,075.70  599.23   
 Weekly S1  46,847.36  771.66   
 Monthly Pivot  47,199.83  352.46   
 Daily S2  47,266.46  66.64   Yes! The Daily S2 is close to the Monthly Pivot.
 Low  47,505.97  239.50   
 Weekly Pivot  47,585.66  79.69   
 Open  47,718.21  132.55   
 Daily S1  47,742.36  24.14   Yes! The Daily S1 is close to the Open.
 61.8% Down from Intraday High  47,779.25  36.90   Yes! The 61.8% Down from Intraday High is close to the Daily S1.
 50% Down from Intraday High  47,863.67  84.42   
 38.2% Down from Intraday High  47,948.09  84.41   
 Daily Pivot  47,981.86  33.78   Yes! The Daily Pivot is close to the 38.2% Down from Intraday High.
 Close  48,218.25  236.39   
 High  48,221.37  3.12   Yes! The High is close to the Close.
 Daily R1  48,457.76  236.39   
 Daily R2  48,697.26  239.50   
 Weekly R1  48,956.54  259.28   
 Monthly R1  49,342.38  385.83   
 Weekly R2  49,694.84  352.46   
 Monthly R2  50,466.50  771.66   

Monday 4/13/26. Market Monday: The Week Ahead

My Prediction

Picture of the Nasdaq on the daily scale.

The dominant pattern on the chart is the AB top. It's a double top. It confirms as a valid chart pattern when the index closes below the low set between the two peaks. I show that price level as red line C.

At D, we see a gap but what type is it? The answer is important because if we're correct, we can use the information to trade better.

If it's a continuation gap then we can expect the uptrend to continue (the gap should appear about midway in the uptrend, but that varies). There is evidence to support a continuation with price moving higher over the last two days.

My view is it's an exhaustion gap. Exhaustion gaps can be usually tall (not always), which this one is. When they occur, price often moves in the direction opposite the gap. In this case, that means price should drop fast and perhaps far.

The gap at E is an exhaustion. Notice how prices reverse direction and soars.

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A Brief Look Back

The following is a brief review of how the markets performed over time. The numbers refer to the close-to-close move in the Dow industrials.

Monday: Up 165.21 points.
Tuesday: Down 85.42 points.
Wednesday: Up 1325.46 points.
Thursday: Up 275.88 points.
Friday: Down 269.23 points.

For the Week...

The Dow industrials were up 1411.9 points or 3.0%.
The Nasdaq composite was up 1023.71 points or 4.7%.
The S&P 500 index was up 234.2 points or 3.6%.

Year to Date...

Dow Industrials
     5.1% down from the high of 50,512.79 on 02/10/2026.
     6.3% up from the low of 45,057.28 on 03/30/2026.
Nasdaq
     4.5% down from the high of 23,988.27 on 01/28/2026.
     10.7% up from the low of 20,690.25 on 03/30/2026.
S&P 500
     2.6% down from the high of 7,002.28 on 01/28/2026.
     7.9% up from the low of 6,316.91 on 03/30/2026.

Options Expiration

Many options expire this week, so traders will be looking to close out their positions, and that suggests increased volatility (large daily price swings).

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Swing Traders: Pivot Points

The following is based on an SFO article in December 2004 by John Seekinger, titled, "Take a two-dimensional approach." He offers these tips.

IndexS2S1PivotR1R2
Dow Industrials (^DJI): Daily  47,624  47,770  48,003  48,149  48,381 
Weekly  45,376  46,646  47,485  48,755  49,594 
Monthly  43,833  45,875  47,099  49,141  50,366 
S&P500 (^GSPC): Daily  6,786  6,802  6,824  6,839  6,861 
Weekly  6,421  6,619  6,732  6,930  7,044 
Monthly  6,131  6,474  6,660  7,003  7,189 
Nasdaq (^IXIC): Daily  22,753  22,828  22,920  22,995  23,087 
Weekly  21,108  22,005  22,509  23,406  23,909 
Monthly  19,880  21,392  22,202  23,713  24,523 

Here are the formulas:

Pivot point: P = (H + L + C)/3
First resistance level: R1 = (2 * P) - L
First support level: S1 = (2 * P) - H)
Second resistance level: R2 = P + (R1 - S1)
Second support level: S2 = P - (R1 - S1)
H = high price , L=low price, C=closing price

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Earnings, Chart Patterns & Industries

Earnings season will be starting in about 3 days.

Here's a symbol list of 180 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ACN, ACIW, ADBE, ADTN, AMD, AFL, AA, AMZN, AEO, AME, AMGN, APH, AON, AMAT, AGO, ADSK, AVY, AXS, BAX, BBY, BAH, BCO, BMY, BRKR, BBW, CALM, CAL, CLS, CNC, CVX, CLF, CGNX, CTSH, CMCO, CMTL, CSGP, DHR, DECK, XRAY, DVN, DDS, D, ELV, EG, EXPI, EZPW, FIVN, FTNT, FTV, FCX, FRD, GD, GILD, GOOGL, THG, HELE, HUM, INTC, IBKR, INTU, JAZZ, JNJ, KSS, LRCX, LDOS, LLY, LPLA, LXU, M, MANH, MKTX, MDT, META, NBR, ^IXIC, NFLX, NWL, NTNX, NVDA, OLN, ASGN, PANW, PAYX, PFE, PG, KWR, DGX, RMBS, RRC, REGN, RHI, ROP, R, CRM, SBH, SMTC, SHW, SCCO, LUV, SPSC, SXI, TGT, TDOC, TDY, TFX, TDC, TTD, TWLO, UNH, VECO, VEEV, V, VC, WRB, WSO, WSM, WSC, WWD, WDAY, ITA, IYE, IHE, FDN, QTEC, AIQ, BOTZ, ICF, IYH, IHF, IAT, IYZ, MXI, IXN, ILF, SOXX, IEO, IHI, EWA, EWO, EWK, EWZ, EWC, EIS, EWM, EWL, EWT, THD, TUR, QLD, IBB, PJP, PHO, SSO, ROBO, XLV, XLK, SMH, VHT, VAW, MGK. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

The below industries were the best (rank 1) or worst performing of those I follow.

This WeekLast Week
1. Telecom. Equipment1. Oilfield Svcs/Equipment
2. Semiconductor Cap Equip.2. Telecom. Equipment
3. Oilfield Svcs/Equipment3. Petroleum (Producing)
4. Semiconductor4. Semiconductor Cap Equip.
5. Petroleum (Producing)5. Semiconductor
6. Metals and Mining (Div.)6. Petroleum (Integrated)
7. Machinery7. Natural Gas (Diversified)
8. Air Transport8. Metals and Mining (Div.)
9. Trucking/Transp. Leasing9. Machinery
10. Petroleum (Integrated)10. Biotechnology
Best Performing AboveWorst Performing Below
50. Computers and Peripherals50. Building Materials
51. Medical Services51. Healthcare Information
52. Toiletries/Cosmetics52. Furn/Home Furnishings
53. Furn/Home Furnishings53. Toiletries/Cosmetics
54. Information Services54. IT Services
55. Investment Co. (Domestic)55. Information Services
56. E-Commerce56. Internet
57. Healthcare Information57. Human Resources
58. Human Resources58. E-Commerce
59. IT Services59. Investment Co. (Domestic)
60. Computer Software and Svcs60. Computer Software and Svcs

-- Thomas Bulkowski

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Friday 4/10/26. Pattern Trading Setups for the Weekend.

Here's a symbol list of 132 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ABM, ACN, ADBE, AA, AEO, AXP, BKH, BA, BAH, BFH, BLDR, CAL, CNC, CHKP, CVX, CLX, CMTL, GLW, CSGP, COST, CR, DHR, DECK, DVN, EMN, EL, EG, EZPW, FFIV, FICO, FIVN, FMC, FWRD, FRD, GME, GAP, GE, GOOGL, GFF, HQY, HELE, INTU, JNJ, KALU, KELYA, KMT, KFRC, LEG, LOW, LPLA, LXU, M, MANH, MKTX, META, MS, MUR, MYGN, NBR, NWL, NOVT, NUS, NTNX, ASGN, OTEX, ORCL, PANW, PAYX, PCTY, POR, QTWO, RRC, RTX, RNG, RCKY, CRM, SBH, SPSC, TDY, TDC, TXN, MZTI, TOL, TG, TWLO, UGI, UNH, VRSN, WSO, WU, WSC, WDAY, IYC, IYE, FDN, QTEC, AIQ, QQQ, IHF, IXN, ILF, SOXX, IEO, EWK, ECH, EIS, EWI, EPP, EWT, QLD, SSO, XLY, XRT, SPY, XLK, XLU, UNG, MGK. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

You can find setups based on a Fibonacci retrace by clicking on the link.

The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.

In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.

For details about the chart patterns, click here.

-- Thomas Bulkowski

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 Symbol  Chart Pattern  Bullish 
 Bearish 
Start End Industry
AYIDiamond bottom      03/23/202604/09/2026Furn/Home Furnishings
AEISPipe bottom      03/02/202603/09/2026Semiconductor
APDTriangle, ascending      02/12/202604/08/2026Chemical (Diversified)
ALLHead-and-shoulders bottom      03/19/202604/01/2026Insurance (Prop/Casualty)
AMZNDouble Bottom, Eve and Adam      02/17/202603/27/2026Internet
AEOPipe bottom      03/23/202603/30/2026Apparel
AIGDouble Bottom, Adam and Adam      03/19/202603/27/2026Insurance (Prop/Casualty)
AMEDouble Bottom, Adam and Adam      03/20/202603/30/2026Industrial Services
AAPLTriple bottom      03/20/202604/07/2026Computers and Peripherals
AMATPipe bottom      03/02/202603/09/2026Semiconductor Cap Equip.
ATRDouble Bottom, Eve and Adam      03/20/202603/30/2026Packaging and Container
AVNTPipe bottom      03/16/202603/23/2026Chemical (Specialty)
AXSTriple bottom      03/12/202603/27/2026Insurance (Prop/Casualty)
AZTADouble Bottom, Eve and Adam      03/20/202603/27/2026Semiconductor Cap Equip.
BCPCDouble Bottom, Adam and Adam      03/20/202603/25/2026Chemical (Specialty)
BALLDouble Bottom, Eve and Adam      03/20/202603/30/2026Packaging and Container
BAXHead-and-shoulders bottom      03/20/202604/02/2026Medical Supplies
BZHDouble Bottom, Adam and Adam      03/20/202603/31/2026Homebuilding
BIIBDouble Top, Adam and Eve      03/11/202603/26/2026Biotechnology
CNCPipe bottom      03/23/202603/30/2026Medical Services
CVXPipe top      03/23/202603/30/2026Petroleum (Integrated)
CCRNTriangle, symmetrical      03/10/202604/09/2026Human Resources
CCKDouble Bottom, Adam and Adam      03/20/202603/30/2026Packaging and Container
CMIDouble Bottom, Adam and Adam      03/09/202603/30/2026Machinery
CWDouble Bottom, Adam and Adam      03/13/202603/30/2026Machinery
DHRPipe bottom      03/23/202603/30/2026Medical Services
DECKPipe bottom      03/23/202603/30/2026Shoe
EIXDouble Bottom, Adam and Adam      03/09/202603/20/2026Electric Utility (West)
EMEDouble Bottom, Adam and Adam      03/09/202603/30/2026Industrial Services
EGHead-and-shoulders bottom      03/12/202603/27/2026Insurance (Prop/Casualty)
EZPWPipe bottom      03/23/202603/30/2026Financial Services
FTVDouble Bottom, Eve and Eve      03/17/202603/30/2026Industrial Services
GAPUgly double bottom      03/09/202603/30/2026Apparel
GDDiamond bottom      03/20/202604/09/2026Aerospace/Defense
GNWHead-and-shoulders bottom      03/13/202603/31/2026Insurance (Life)
GFSTriple bottom      03/12/202603/30/2026Semiconductor
GSHead-and-shoulders bottom      03/09/202603/19/2026Securities Brokerage
GOOGLPipe bottom      03/23/202603/30/2026Internet
GGGHead-and-shoulders bottom      03/20/202604/06/2026Machinery
HIGHead-and-shoulders bottom      03/12/202603/27/2026Insurance (Prop/Casualty)
HONTriple bottom      03/20/202604/07/2026Aerospace/Defense
DHIDouble Bottom, Adam and Adam      03/20/202603/31/2026Homebuilding
HOVBroadening bottom      03/23/202604/09/2026Homebuilding
HUNPipe bottom      03/16/202603/23/2026Chemical (Specialty)
HURCTriple bottom      03/13/202603/30/2026Machinery
IEXDouble Bottom, Adam and Adam      03/20/202603/30/2026Machinery
ITWDouble Bottom, Adam and Eve      03/20/202603/31/2026Metal Fabricating
INCYHead-and-shoulders bottom      03/16/202603/30/2026Drug
IBKRRoof, inverted      03/10/202604/07/2026Securities Brokerage
TILETriple bottom      03/20/202604/02/2026Furn/Home Furnishings
IRMHead-and-shoulders bottom      03/20/202604/02/2026Industrial Services
JBLUHead-and-shoulders complex bottom      03/09/202603/30/2026Air Transport
KEYSDouble Bottom, Adam and Adam      03/09/202603/30/2026Precision Instrument
LZBDouble Bottom, Adam and Adam      03/20/202604/02/2026Furn/Home Furnishings
LRCXPipe bottom      03/02/202603/09/2026Semiconductor Cap Equip.
LAMRDouble Bottom, Adam and Eve      03/20/202603/31/2026Advertising
LDouble Bottom, Adam and Adam      03/19/202603/27/2026Insurance (Prop/Casualty)
LPLATriple bottom      03/16/202604/02/2026Securities Brokerage
LXUHead-and-shoulders top      03/12/202604/02/2026Building Materials
MKTXPipe bottom      03/23/202603/30/2026Securities Brokerage
MASTriple bottom      03/20/202604/02/2026Building Materials
METAPipe bottom      03/23/202603/30/2026E-Commerce
MCODouble Bottom, Adam and Eve      03/12/202603/27/2026Information Services
MLIDouble Bottom, Adam and Eve      03/20/202603/30/2026Metal Fabricating
MURDouble Top, Eve and Adam      03/30/202604/07/2026Petroleum (Integrated)
NFGTriangle, symmetrical      03/11/202604/09/2026Natural Gas (Diversified)
ORIPipe bottom      03/16/202603/23/2026Insurance (Prop/Casualty)
ONDouble Bottom, Adam and Adam      03/09/202603/30/2026Semiconductor
PANWPipe bottom      03/23/202603/30/2026Computer Software and Svcs
PKETriple bottom      03/13/202603/31/2026Chemical (Specialty)
PATKDouble Bottom, Adam and Adam      03/20/202603/30/2026Retail Building Supply
PAYXPipe top      03/02/202603/09/2026IT Services
PHMTriple bottom      03/20/202604/07/2026Homebuilding
KWRDouble Bottom, Adam and Adam      03/20/202604/06/2026Chemical (Specialty)
RMBSDouble Bottom, Adam and Adam      03/09/202603/30/2026Semiconductor Cap Equip.
RGAHead-and-shoulders bottom      03/09/202603/27/2026Insurance (Life)
RCKYDouble Bottom, Eve and Eve      03/26/202604/02/2026Shoe
SAIAPipe bottom      03/09/202603/23/2026Trucking/Transp. Leasing
SSYSBig W      03/20/202603/30/2026Electronics
TDYPipe bottom      03/23/202603/30/2026Aerospace/Defense
TERPipe bottom      03/02/202603/09/2026Semiconductor Cap Equip.
TXNDouble Bottom, Eve and Adam      03/19/202603/30/2026Semiconductor
TKRHead-and-shoulders bottom      03/09/202603/30/2026Metal Fabricating
TZOOHead-and-shoulders top      02/26/202603/19/2026Internet
TGHead-and-shoulders bottom      03/12/202603/27/2026Chemical (Specialty)
UGIHead-and-shoulders bottom      03/06/202604/01/2026Natural Gas (Distributor)
UPSDouble Bottom, Adam and Adam      03/19/202603/27/2026Air Transport
UNHPipe bottom      03/23/202603/30/2026Medical Services
VMIDouble Bottom, Adam and Adam      03/30/202604/02/2026Metal Fabricating
WMTHead-and-shoulders bottom      03/05/202604/08/2026Retail Store
WATDouble Bottom, Eve and Adam      03/13/202603/27/2026Precision Instrument
WSCDouble Bottom, Adam and Eve      03/19/202603/30/2026Industrial Services
WWWBroadening bottom      03/09/202604/08/2026Shoe

 

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Thursday 4/9/26. Intraday Market Direction: Nasdaq

The Nasdaq climbed by 2.8% or 617.14 points. Since 02/05/1971 the Nasdaq made 21 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 1.1% on 8 occasions.
     Average loss was -2.0% on 13 occasions.
Expect the Nasdaq to close lower 61.9% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Nasdaq closing higher has been right 305/561 or 54.4% of the time.
     The prediction of the Nasdaq closing lower has been right 89/185 or 48.1% of the time.

$ $ $

Picture of the Nasdaq composite on the 5 minute scale.

I show a picture of the Nasdaq composite on the 5-minute scale.

There's not a lot to say about this chart. The two sets of parallel red lines are rectangle top chart patterns. A holiday shows no trading and it connects the two rectangles.

A head-and-shoulders bottom shows on the chart as LS (left shoulder), H (head), and RS (right shoulder). A blue neckline connects the armpits and it serves as confirmation when the index closes above it. Once confirmed, it means the pattern is valid and price will rise, which it does.

A double bottom appears at A and its inverse, a double top appears at B. Both confirm as valid chart patterns, with B saying price will fall and A saying it will rise.

The double bottom suggests more of an up move is coming. I agree until the Iran ceasefire ends and chaos resumes.

$ $ $

Here's a symbol list of 354 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ANF, ABM, ACIW, AYI, ADTN, AEIS, AMD, AES, A, APD, ALRM, ALK, ALKS, AMZN, AEE, AEO, AXP, AME, AMGN, APH, AR, AON, APOG, AAPL, ARCB, ACGL, ANET, ARW, ASH, AGO, AVY, BCPC, BALL, BSET, BZH, BIO, BA, BKNG, BAH, BFH, BCO, BRKR, CBT, CLS, CX, CNC, CNP, CRL, CHKP, CVX, CHD, CIEN, CTAS, CSCO, CLF, CNO, CNX, CMCO, COP, GLW, CSGP, COST, COTY, CRH, CROX, CCRN, CTS, CMI, CW, DHR, DECK, DVN, FANG, DDS, DSGR, ^DJT, ^DJI, EMN, ECL, EME, EMR, EOG, XOM, EZPW, FFIV, FICO, FAST, FDX, FLEX, FLS, FMC, FORM, FTV, FWRD, FNV, FCX, FRD, GME, GNW, GILD, GFS, GL, GS, GOOGL, HLIT, HTLD, HELE, HP, HD, HON, DHI, HUBG, JBHT, HUN, IDA, IDXX, NSP, IBP, IIIN, ITGR, INTC, IBKR, IRM, JBLU, KALU, KBH, KEYS, KMB, KLAC, KSS, KLIC, LHX, LZB, LAMR, LPLA, LXU, MHO, MTSI, M, MGY, MANH, MKTX, MLM, MAS, MA, MTRN, MTRX, MRK, META, MLKN, MCO, MS, MOS, MLI, NBR, ^IXIC, NTAP, NWPX, NUS, NTNX, NVDA, OXY, OMCL, ASGN, ON, OUT, OXM, PANW, PKE, PATK, PTEN, PYPL, PLXS, PPL, PFG, PG, PRU, PHM, QTWO, RL, RMBS, RRC, RTX, RNG, ROK, RCKY, ROG, RGLD, RES, R, ^GSPC, SAIA, SBH, SLB, SCHW, SEIC, SMTC, SHW, SHOP, SKYW, SGI, SO, SCCO, SPSC, SSYS, TPR, TRGP, TDY, TDC, TER, TXN, TXT, TMO, TSCO, TDG, TZOO, TG, TREX, TWLO, UHAL, UNH, UNM, VFC, VECO, VRTX, V, VC, VMC, WMT, WAT, WSO, WERN, WPM, WMB, WSM, WSC, WWD, ZBRA, ITA, IYM, IAI, IYC, IYE, IHE, DDM, FTEC, FDN, QTEC, FXL, AIQ, QQQ, ICF, IYH, IHF, IAT, IYZ, IEV, IGV, MXI, IXN, ILF, SOXX, IEO, IYF, ITB, EWA, EWO, EWK, EWZ, EWC, ECH, EEM, EWQ, EWG, EWH, EIS, EWI, EWJ, EWW, EPP, EWS, EZA, EWP, EWD, EWL, EWT, THD, EWU, QLD, PPA, PEJ, PXJ, PHO, SSO, ROBO, XLP, XLF, XLV, XHB, XLI, XLB, XRT, SPY, XAR, XLK, UNG, USO, SMH, VHT, VIS, VAW, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  19,860.85    
 Weekly S2  20,476.62  615.77   
 Monthly S1  21,247.92  771.30   
 Weekly S1  21,555.80  307.88   
 Weekly Pivot  21,769.44  213.63   
 Monthly Pivot  22,077.32  307.88   
 Daily S2  22,332.56  255.24   
 Daily S1  22,483.78  151.21   
 Low  22,501.28  17.50   Yes! The Low is close to the Daily S1.
 61.8% Down from Intraday High  22,623.49  122.21   
 Close  22,634.99  11.50   Yes! The Close is close to the 61.8% Down from Intraday High.
 Daily Pivot  22,652.49  17.50   Yes! The Daily Pivot is close to the Close.
 50% Down from Intraday High  22,661.24  8.75   Yes! The 50% Down from Intraday High is close to the Daily Pivot.
 38.2% Down from Intraday High  22,699.00  37.75   
 Daily R1  22,803.71  104.71   
 Open  22,821.21  17.50   Yes! The Open is close to the Daily R1.
 High  22,821.21  0.00   Yes! The High is close to the Open.
 Weekly R1  22,848.62  27.41   Yes! The Weekly R1 is close to the High.
 Daily R2  22,972.42  123.80   
 Weekly R2  23,062.26  89.83   
 Monthly R1  23,464.39  402.13   
 Monthly R2  24,293.79  829.40   

Wednesday 4/8/26. A Look at the Chart Pattern Indicator (CPI)

Picture of the chart pattern indicator

This is a picture of the chart pattern indicator on the daily scale. The indicator is the line chart below a chart of the S&P 500 composite.

I show when Trump started the war with Iran. Notice that the markets were slumping for about a month before it started. However, once the bombs started dropping (a week before, really), the CPI turned bearish. It might be finding some footing here, but I have my doubts.

I am reminded of the movie, "The Money Pit" where Tom Hanks is told that to fix his house, it'll take two weeks (it took many months). That was a joke but whenever he asked the contractor for a completion estimate, the answer was always two weeks. Reminds me of what Trump says.

Today, the CPI is bullish (at 66.7) but just barely above a neutral reading of 65. I expect this to transition to bearish as more war news arrives. Circled in the inset is the latest downturn. Again, I expect that downtrend to continue.

$ $ $

Here's a symbol list of 140 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ACH, AYI, ADTN, AEIS, AES, DOX, AEE, AEO, AMN, ANIK, ANET, AVY, BCPC, CNC, CNP, CENX, CVX, CLNE, CNX, CAG, COP, GLW, COST, DHR, DECK, DVN, FANG, D, EMN, ELV, EOG, EXC, EXPD, XOM, EZPW, FICO, FISV, FORM, FTNT, GME, GOOGL, HELE, HOV, HUM, IDA, IBP, ITGR, IPI, JAZZ, KEYS, LH, LPLA, LXU, MGY, MANH, MKTX, META, MSFT, MOS, MUR, NBR, NOV, NTAP, NI, NTNX, OXY, OXM, PANW, PKE, PTEN, PLXS, POR, PPG, PPL, PEG, QTWO, DGX, RRC, RES, SAIA, SLB, SAIC, SEE, SEIC, SRE, SMTC, SHOP, SO, SR, TGT, TDY, RIG, TWLO, UIS, UNH, VLO, VRSN, VC, WSO, WSC, IYK, IYE, IEZ, IHE, IDU, FDN, QTEC, AIQ, BOTZ, QQQ, IHF, IYZ, IXC, IXN, IGE, IEO, EIS, EWY, QLD, SSO, XLK, USO, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

-- Thomas Bulkowski

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Tuesday 4/7/26. Slider Trading Quiz!

The Dow climbed by 0.4% or 165.21 points. Since 10/01/1928 the Dow made 1162 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.6% on 617 occasions.
     Average loss was -0.6% on 545 occasions.
Expect the Dow to close higher 53.1% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Dow closing higher has been right 331/605 or 54.7% of the time.
     The prediction of the Dow closing lower has been right 63/129 or 48.8% of the time.

$ $ $

I show another slider trading quiz featuring Noven Pharmaceutical: NOVN (actual trade).

$ $ $

Here's a symbol list of 74 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACH, AES, AEE, AEP, AIG, AMWD, AAPL, ADP, AVNT, BMI, BCPC, BKNG, BOOT, BFH, CPB, CNP, CIEN, CSCO, CXW, CR, DECK, DSGR, ECL, EIX, EL, EXC, FFIV, FISV, GNW, GFF, HLIT, HSY, HOLX, HWM, HUN, IDA, ILMN, IPI, KALU, LRCX, MHO, NFLX, NTGR, NEU, NI, NUS, ORI, OLN, ON, OXM, PKE, PETS, PPL, RNG, ROP, CRM, SEE, SCI, SO, SR, TEVA, MZTI, TJX, UHAL, WMB, IYM, ILF, IGE, TUR, PEJ, VAW. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Dow industrials, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski

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© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  42,923.22    
 Weekly S2  44,430.76  1,507.54   
 Monthly S1  44,796.55  365.79   
 Weekly S1  45,550.32  753.77   
 Weekly Pivot  46,176.84  626.52   
 Daily S2  46,229.16  52.32   
 Low  46,354.95  125.79   
 Daily S1  46,449.52  94.57   
 Open  46,472.20  22.68   Yes! The Open is close to the Daily S1.
 61.8% Down from Intraday High  46,487.18  14.98   Yes! The 61.8% Down from Intraday High is close to the Open.
 50% Down from Intraday High  46,528.02  40.84   
 38.2% Down from Intraday High  46,568.87  40.85   
 Daily Pivot  46,575.31  6.44   Yes! The Daily Pivot is close to the 38.2% Down from Intraday High.
 Close  46,669.88  94.57   
 High  46,701.10  31.22   Yes! The High is close to the Close.
 Daily R1  46,795.67  94.57   
 Daily R2  46,921.46  125.79   
 Monthly Pivot  46,930.61  9.15   Yes! The Monthly Pivot is close to the Daily R2.
 Weekly R1  47,296.40  365.79   
 Weekly R2  47,922.92  626.52   
 Monthly R1  48,803.94  881.02   
 Monthly R2  50,938.00  2,134.06   

Monday 4/6/26. Pattern Trading Setups for the Weekend.

Here's a symbol list of 113 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: ACH, ACIW, ADBE, ADTN, AES, AFL, APD, AKAM, ALRM, AEE, AEP, AMN, ANIK, ANET, AIZ, AVNT, AZTA, BMI, BCPC, BIO, BKH, BOOT, BRKR, BBW, BG, CALM, CPB, CLS, CRL, CTAS, CNA, ED, CXW, COTY, ^DJU, DOV, EPAM, EG, EXC, FMC, FTNT, FDP, GME, GNW, HLIT, HQY, HSIC, HUN, IDA, INCY, IPI, IRM, KALU, LRCX, LAMR, RAMP, LXU, MRTN, NFG, NOV, NFLX, NKE, NI, NTNX, NVDA, ORI, ASGN, OXM, PKG, PANW, PYPL, POR, PG, ROG, RES, CRM, SEIC, SO, SR, TRV, TZOO, UHAL, UGI, UNH, WRB, WAT, WERN, WEX, WDAY, IYM, FDN, IYZ, IYF, PEJ, PXJ, XLP, UNG, USO, VAW. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

You can find setups based on a Fibonacci retrace by clicking on the link.

The following patterns were found manually, not using Patternz. Mr. Bulkowski has excluded any securities he owns from appearing in the list. However, he may add any of the securities listed to his portfolio at any time, just as you can.

In the table below, the red and green colors are based on the historical breakout direction for the associated chart pattern. If a high and tight flag appears, the start and end dates highlight the flagpole only and not the flag.

For details about the chart patterns, click here.

-- Thomas Bulkowski

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 Symbol  Chart Pattern  Bullish 
 Bearish 
Start End Industry
ANFDouble Bottom, Eve and Adam      03/24/202603/30/2026Apparel
AMDRectangle bottom      02/04/202604/02/2026Semiconductor
AADouble Bottom, Adam and Eve      03/09/202603/24/2026Aerospace/Defense
AFGHead-and-shoulders bottom      03/12/202603/27/2026Insurance (Prop/Casualty)
AVAHead-and-shoulders bottom      03/11/202604/01/2026Electric Utility (West)
BCPCPipe bottom      03/16/202603/23/2026Chemical (Specialty)
BKHDouble Bottom, Eve and Adam      03/20/202603/31/2026Electric Utility (West)
CPBPipe bottom      03/16/202603/23/2026Food Processing
CNADouble Bottom, Adam and Adam      03/20/202603/27/2026Insurance (Prop/Casualty)
CNOTriangle, symmetrical      03/10/202603/30/2026Insurance (Diversified)
CNXHead-and-shoulders top      03/02/202603/17/2026Natural Gas (Diversified)
COSTDouble Bottom, Adam and Eve      03/06/202603/24/2026Retail Store
XRAYTriangle, symmetrical      03/17/202604/02/2026Medical Supplies
BOOMDouble Bottom, Eve and Eve      03/13/202603/20/2026Metal Fabricating
EZPWDouble Bottom, Adam and Eve      03/06/202603/31/2026Financial Services
FMCTriple bottom      02/23/202603/20/2026Chemical (Basic)
GLDouble Bottom, Adam and Eve      03/20/202603/27/2026Insurance (Life)
THGDouble Bottom, Adam and Adam      03/19/202603/27/2026Insurance (Prop/Casualty)
HEHead-and-shoulders bottom      03/09/202604/01/2026Electric Utility (West)
HUMTriple bottom      03/12/202603/30/2026Medical Services
HURCTriangle, descending      03/12/202604/02/2026Machinery
INTUDouble Top, Eve and Eve      03/06/202603/17/2026Computer Software and Svcs
KALUPipe bottom      03/16/202603/23/2026Metals and Mining (Div.)
LHHead-and-shoulders complex bottom      03/12/202603/31/2026Medical Services
MTRNHead-and-shoulders bottom      03/13/202603/30/2026Metals and Mining (Div.)
MRKDouble Bottom, Eve and Eve      03/06/202603/20/2026Drug
NEUPipe bottom      03/09/202603/16/2026Chemical (Specialty)
NOCDouble Bottom, Adam and Adam      03/24/202603/30/2026Aerospace/Defense
NUSTriangle, descending      03/09/202603/31/2026Toiletries/Cosmetics
OXMPipe bottom      03/16/202603/23/2026Apparel
PKETriangle, descending      02/27/202604/02/2026Chemical (Specialty)
PAYXDiamond bottom      03/18/202603/31/2026IT Services
PCTYPipe top      03/02/202603/09/2026E-Commerce
PFEHead-and-shoulders bottom      02/20/202603/24/2026Drug
PCGDouble Bottom, Adam and Adam      03/23/202603/27/2026Electric Utility (West)
PFGHead-and-shoulders bottom      03/13/202603/27/2026Insurance (Diversified)
PGRHead-and-shoulders complex top      02/05/202603/24/2026Insurance (Prop/Casualty)
PRUTriple bottom      03/13/202603/27/2026Insurance (Life)
RHIDouble Bottom, Adam and Eve      02/25/202603/16/2026Human Resources
ROKDouble Bottom, Eve and Eve      03/17/202603/30/2026Diversified Co.
SAIADouble Bottom, Adam and Adam      03/13/202603/19/2026Trucking/Transp. Leasing
SIGIDouble Bottom, Adam and Adam      03/20/202603/25/2026Insurance (Prop/Casualty)
SREDouble Bottom, Adam and Adam      03/09/202603/20/2026Electric Utility (West)
SMTCDouble Bottom, Eve and Eve      03/19/202603/30/2026Semiconductor Cap Equip.
SNPSHead-and-shoulders top      02/10/202603/05/2026Computer Software and Svcs
TPRFalling wedge      03/09/202604/02/2026Apparel
TEVABroadening top, right-angled and ascending      03/13/202604/02/2026Drug
UHALPipe bottom      03/16/202603/23/2026Trucking/Transp. Leasing
VMCDouble Bottom, Adam and Adam      03/12/202603/19/2026Cement and Aggregates

 

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Friday 4/3/26. Market Holiday Supplement

Invest for Two-Comma Wealth, Second Edition

Picture of 'Invest for two-comma wealth, Second Edition' book.

Want to build real wealth—without hype, gimmicks, or get-rich-quick schemes?

Invest for Two-Comma Wealth, Second Edition is a plain English, no nonsense guide to investing and personal finance, written for people who want to understand how the stock market actually works before risking their savings.

Whether you’re just starting out, rebuilding after mistakes, or planning for retirement, this book walks you through the core ingredients of wealth-building—clearly, honestly, and with real-world examples.

What You’ll Learn

Why This Book Is Different

Unlike flashy investing books that promise fast riches, this guide:

This fully updated Second Edition reflects modern markets, current investing tools, and today’s risks—without watering down the truth.

Who This Book Is For

If you want a clear path to becoming a millionaire the boring—but reliable—way, this book belongs on your shelf.

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Thursday 4/2/26. Intraday Market Direction: Nasdaq

The Nasdaq climbed by 1.2% or 250.32 points. Since 02/05/1971 the Nasdaq made 192 similar moves on a percentage basis. After those moves, the next day's...
     Average gain was 0.7% on 120 occasions.
     Average loss was -1.0% on 72 occasions.
Expect the Nasdaq to close higher 62.5% of the time.
Weekly, since inception on 6/14/2011:
     The prediction of the Nasdaq closing higher has been right 304/560 or 54.3% of the time.
     The prediction of the Nasdaq closing lower has been right 89/185 or 48.1% of the time.

$ $ $

Picture of the Nasdaq composite on the 5 minute scale.

I show a picture of the Nasdaq composite on the 5-minute scale.

At A, we see a chart pattern called a triple bottom. In this case, the index didn't rise far (to B) before reversing and tumbling.

I drew trendline C to see how the peaks lined up. When the index crosses the down trendline (the green one), it signals an upward move, one of three conditions to set a new trend. However, the upward move might not last long.

I drew trendline D to line up the bottoms, this time to see when the uptrend changes to down. We see that the index is following the trendline higher. It might plunge through the trendline or it could bounce off it and rise. Take your pick.

$ $ $

Here's a symbol list of 135 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, ABT, ACH, ACIW, AEE, AEP, AVNT, AVA, BMI, BCPC, BIO, BAH, BFH, BMY, BBW, CPB, CX, CRL, CHD, CIEN, CNX, CMCO, GLW, CSGP, CR, ^DJU, DTE, DUK, EXP, EVRG, EXC, EZPW, FNV, FCX, GD, GPN, GS, GOOGL, HL, HSY, HUN, IDA, IPAR, IPI, KALU, LRCX, LEN, LMT, LPLA, MRTN, META, MCO, MOS, NFLX, NTGR, NWPX, ORI, OR, OXM, PKG, PKE, PYPL, PNW, POR, RLI, ROG, RGLD, SAIA, SCHW, SAIC, SEE, SEIC, SRE, SO, SCCO, SR, TEVA, TKR, TG, UHAL, UNM, VEEV, VRSN, V, WLK, WPM, WMB, IYM, IYK, IHE, IYH, IEV, MXI, ILF, IYF, EWA, EWO, EWK, EWC, EWQ, EWG, EWI, EWJ, EWM, EWW, EPP, EWS, EZA, EWY, EWP, EWD, EWL, EWT, EWU, IBB, PBE, PJP, ROBO, GLD, UNG, VHT, VAW. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

$ $ $

The following table shows where Fibonacci retrace values of the day's high-low range are plus pivot points, calculated on the Nasdaq composite, sorted by value. When several are near each other (small differences), the area might act as support or resistance.

-- Thomas Bulkowski

Top

© 2026 ThePatternSite.com    Metric  Value  Diff  Close (within 10% of the high-low range for the day)? 
 Monthly S2  19,713.77    
 Weekly S2  20,367.33  653.56   
 Monthly S1  20,777.36  410.03   
 Weekly S1  21,104.14  326.78   
 Daily S2  21,589.90  485.76   
 Weekly Pivot  21,646.74  56.84   
 Daily S1  21,715.42  68.68   
 Low  21,723.72  8.30   Yes! The Low is close to the Daily S1.
 Open  21,742.79  19.07   Yes! The Open is close to the Low.
 61.8% Down from Intraday High  21,822.79  80.00   
 Close  21,840.95  18.16   Yes! The Close is close to the 61.8% Down from Intraday High.
 Daily Pivot  21,849.25  8.30   Yes! The Daily Pivot is close to the Close.
 50% Down from Intraday High  21,853.39  4.15   Yes! The 50% Down from Intraday High is close to the Daily Pivot.
 38.2% Down from Intraday High  21,884.00  30.60   
 Monthly Pivot  21,973.52  89.52   
 Daily R1  21,974.77  1.25   Yes! The Daily R1 is close to the Monthly Pivot.
 High  21,983.07  8.30   Yes! The High is close to the Daily R1.
 Daily R2  22,108.60  125.53   
 Weekly R1  22,383.55  274.95   
 Weekly R2  22,926.15  542.60   
 Monthly R1  23,037.11  110.96   
 Monthly R2  24,233.27  1,196.16   

Wednesday 4/1/26. 2026 Market Forecast Update

Here's the link to the 2026 market forecast update, presented in slider format.

$ $ $

Here's a symbol list of 262 chart and candlestick patterns (13 "investment grade" candle patterns) found in today's securities using my version of Patternz: DDD, MMM, ACIW, AYI, AES, ALRM, ALK, ALKS, ALGT, AMZN, DOX, AEO, AEP, AME, AMGN, AMN, APH, AR, APOG, AWI, ASH, ATO, ADP, AVY, AVNT, AVA, BCPC, BALL, BAX, BIO, BMRN, BA, BAH, BSX, BRC, BCO, BBW, BLDR, CACI, CDNS, CPB, COR, CRL, CHD, CLX, CNX, CL, CMCO, CMTL, COP, COTY, CR, CRH, CCK, CTS, CMI, XRAY, DVN, DDS, ^DJT, ^DJI, DOV, DUK, EXP, EBAY, ELV, EME, EMR, EPAM, EXC, EXPD, FDS, FAST, FDX, FTV, FWRD, GME, GS, GOOGL, GGG, GFF, HD, HON, DHI, HOV, HWM, HUN, HURC, IEX, IDXX, INCY, IIIN, ITGR, IBKR, TILE, IPI, ISRG, IRM, JAZZ, KALU, KBH, KELYA, KSS, LH, LRCX, LAMR, LEG, LLY, LNC, MHO, M, MGY, MLM, MAS, MTDR, MSFT, MS, MLI, MUR, NBR, ^IXIC, NFLX, NJR, NWL, NKE, NWPX, NOVT, NUS, ORI, OMCL, ON, ORCL, OR, OUT, OXM, PKG, PKE, PTEN, PEN, PGR, PHM, QCOM, DGX, RL, RRC, RJF, ROK, ROST, RGLD, RES, R, ^GSPC, SBH, SLB, SHW, SHOP, SLGN, SKYW, SGI, SO, SCCO, LUV, SR, SXI, SSYS, TPR, TEVA, TXN, TTD, TKR, TJX, TOL, RIG, TZOO, TREX, UHAL, UPS, VFC, VMI, VC, WMT, WSO, WERN, WSM, WSC, WWW, WWD, IYM, IAI, IYC, IHE, DDM, FTEC, FDN, QTEC, FXL, FXI, AIQ, BOTZ, QQQ, ICF, IYH, IHF, IAT, IEV, IGV, MXI, IXN, ILF, SLV, IEO, ITB, IHI, EWA, EWO, EWK, EWZ, EWC, ECH, EWQ, EWH, EIS, EWI, EWJ, EWM, EPP, EWS, EZA, EWP, EWD, EWT, THD, TUR, EWU, QLD, PEJ, PJP, PHO, SSO, ROBO, XLY, XLV, XHB, XLI, XRT, SPY, VHT, VIS, VAW, MGK, VONG. Click this link for details (pattern type, start and end dates).

For a list of small patterns (those a few days wide) click this link.

-- Thomas Bulkowski

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