Bulkowski's Blog: ThePatternSite.com
As of 04/15/2026
  Indus: 48,464 -72.27 -0.1%  
  Trans: 20,948 -316.12 -1.5%  
  Utils: 1,157 -13.84 -1.2%  
  Nasdaq: 24,016 +376.94 +1.6%  
  S&P 500: 7,023 +55.57 +0.8%  
YTD
 +0.8%  
 +20.7%  
 +8.3%  
 +3.3%  
 +2.6%  
  Targets    Overview: 04/14/2026  
  Up arrow49,800 or 46,750 by 05/01/2026
  Up arrow21,500 or 20,200 by 05/01/2026
  Down arrow1,120 or 1,200 by 05/01/2026
  Down arrow22,400 or 24,500 by 05/01/2026
  Down arrow6,675 or 7,250 by 05/01/2026
As of 04/15/2026
  Indus: 48,464 -72.27 -0.1%  
  Trans: 20,948 -316.12 -1.5%  
  Utils: 1,157 -13.84 -1.2%  
  Nasdaq: 24,016 +376.94 +1.6%  
  S&P 500: 7,023 +55.57 +0.8%  
YTD
 +0.8%  
 +20.7%  
 +8.3%  
 +3.3%  
 +2.6%  
  Targets    Overview: 04/14/2026  
  Up arrow49,800 or 46,750 by 05/01/2026
  Up arrow21,500 or 20,200 by 05/01/2026
  Down arrow1,120 or 1,200 by 05/01/2026
  Down arrow22,400 or 24,500 by 05/01/2026
  Down arrow6,675 or 7,250 by 05/01/2026

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Picture of 'Invest for two-comma wealth, second edition' book.

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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.

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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

Top

© 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   

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