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Pattern Trading Setups for the Weekend!…

Blog: September 2022

Bulkowski's Blog: ThePatternSite.com

As of 09/07/2022

  Indus: 31,581 +435.98 +1.4%  

  Trans: 13,738 +73.42 +0.5%  

  Utils: 1,047 +33.66 +3.3%  

  Nasdaq: 11,792 +246.99 +2.1%  

  S&P 500: 3,980 +71.68 +1.8%  

YTD

-13.1%  

-16.6%  

 +6.8%  

-24.6%  

-16.5%  

  Up arrow33,000 or 31,000 by 09/15/2022
  Up arrow14,400 or 13,300 by 09/15/2022
  Up arrow1,065 or 990 by 09/15/2022
  Up arrow12,350 or 11,100 by 09/15/2022
  Up arrow4,125 or 3,800 by 09/15/2022

As of 09/07/2022

  Indus: 31,581 +435.98 +1.4%  

  Trans: 13,738 +73.42 +0.5%  

  Utils: 1,047 +33.66 +3.3%  

  Nasdaq: 11,792 +246.99 +2.1%  

  S&P 500: 3,980 +71.68 +1.8%  

YTD

-13.1%  

-16.6%  

 +6.8%  

-24.6%  

-16.5%  

  Up arrow33,000 or 31,000 by 09/15/2022
  Up arrow14,400 or 13,300 by 09/15/2022
  Up arrow1,065 or 990 by 09/15/2022
  Up arrow12,350 or 11,100 by 09/15/2022
  Up arrow4,125 or 3,800 by 09/15/2022

 


Thursday 9/8/22. Intraday Market Direction: Nasdaq

The Nasdaq climbed by 2.1% or 246.99 points. Since 02/05/1971 the Nasdaq made 55 similar moves on a percentage basis. After those moves, the next day’s…

     Average gain was 0.8% on 33 occasions.

     Average loss was -1.4% on 22 occasions.

Expect the Nasdaq to close higher 60.0% of the time.

Weekly, since inception on 6/14/2011:

     The prediction of the Nasdaq closing higher has been right 244/430 or 56.7% of the time.

     The prediction of the Nasdaq closing lower has been right 65/137 or 47.4% of the time.

Since I post this the night before, check how the futures are trading before market open. Large moves can affect the opening direction.

Picture of the Nasdaq composite on the 5 minute scale.

$ $ $

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

The Nasdaq made an ascending scallop at A with turn C higher than the start of the pattern. However, the differences between the start and end are not as high as I like to see.
Plus, the drop after the pattern ends is deeper than usual.

Turn B, with C and D almost equal, is a rounded bottom or more likely a descending scallop.

What I think we’ll see is a retrace (drop) followed by a strong push higher. That’s a guess, of course. The intraday scale doesn’t behave as well as the daily or weekly scale. There’s more noise involved, obscuring
the real trend.

$ $ $

Here’s a symbol list of 146 chart and candlestick patterns (13 “investment grade” candle patterns) found in today’s securities using my version of Patternz:
DDD, ADTN, AJRD, ALK, ALB, DOX, AMED, AEP, AEL, AIG, AMN, APOG, ACGL, ATO, AVA, AXS, BMI, BSET, BBBY, BIG, BKH, BFH, CAL, CE, CF, CVX, CMTL, ED, CONN, COP, CLR, CRH, CW, DDS, ^DJU, DTE, EIX, RE, FE, FLS, FCX, GME, IT, GIS, GL, GPRO, GGG, EVRG, GES, THG, HL, HP, HSIC, HSY, HOV, IEX, ILMN, IBP, IPI, IVC, NVTA, JAZZ, JNJ, KSS, LHX, LZB, LEN, L, MCHX, MRTN, MGEE, MS, MOS, MYGN, NFG, NCR, NTGR, NWL, OXY, OGE, PKG, PATK, PTEN, PNW, SAIA, SLB, SEE, SIGI, SKX, LUV, SWN, SR, SXI, SUM, SRDX, TPR, TGT, TPX, TXT, TSCO, SLCA, VMC, WMB, WOLF, IAI, IYK, IYC, IYE, IEZ, IDU, BOTZ, IGE, IEO, IYF, IHI, EWA, EWK, EWZ, EIS, EWS, EWT, TUR, PPA, PEJ, PHO, IXC, XLY, XLE, UNG, USO, VIS, MGK. Clink 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

© 2022 ThePatternSite.com    Metric   Value   Diff   Close (within 10% of the high-low range for the day)? 
 Monthly S2   10,538.60      
 Monthly S1   11,165.25   626.65   
 Weekly S2   11,242.75   77.50   
 Daily S2   11,458.03   215.28   
 Weekly S1   11,517.32   59.30   
 Low   11,555.08   37.76   
 Open   11,559.38   4.30   Yes! The Open is close to the Low.
 Daily S1   11,624.96   65.58   
 61.8% Down from Intraday High   11,655.92   30.96   
 50% Down from Intraday High   11,687.08   31.15   
 38.2% Down from Intraday High   11,718.23   31.15   
 Daily Pivot   11,722.02   3.79   Yes! The Daily Pivot is close to the 38.2% Down from Intraday High.
 Close   11,791.90   69.88   
 High   11,819.07   27.17   
 Weekly Pivot   11,821.10   2.03   Yes! The Weekly Pivot is close to the High.
 Daily R1   11,888.95   67.86   
 Daily R2   11,986.01   97.05   
 Weekly R1   12,095.67   109.67   
 Monthly Pivot   12,173.17   77.50   
 Weekly R2   12,399.45   226.28   
 Monthly R1   12,799.82   400.37   
 Monthly R2   13,807.74   1,007.92   


Wednesday 9/7/22. A Look At Indicators

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.

The chart pattern indicator (CPI) remains bearish because the tall red bar on the far right of the chart is the most recent signal. The thin blue line at the bottom of the chart remains flat and that’s unusual.

We can see that a similar event happened in June and perhaps at other locations on the chart. Look what happened after June, though. The index climb in a stair-step fashion.

Even though the indicator is bearish, I think the downward move is about over. We’ve retraced enough and it’s time to rise. So rise up ye’ prices!

Picture of the percent down indicators

The red line is the percentage of stocks at least 20% below their 1-year high (plotted upside down). The blue line is the average percentage drop of stocks below their 1-year high (plotted upside down).

Shown as a red line on the above chart…

On Tuesday, 64% of stocks in my database are in bear market territory (down at least 20% from their 1-year high).

A week ago, it was 57%.

The fewest was 21% on 11/12/2021.

And the most was 79% on 06/17/2022.

Shown as a blue line on the above chart…

The 453 stocks in my database are down an average of 29% from their yearly high.

A week ago, the average was 26%.

The peak was 12% on 11/08/2021.

And the bottom was 33% on 06/16/2022.

Both lines (red and blue) are worse off this week compared to a week ago. However, the wider view shows the red line making higher lows (June and July). That’s bullish.

We might have a few more days of retracing before we start a new upward move. That’s my guess anyway.

$ $ $

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, ADTN, AES, ATSG, ALKS, DOX, AEL, AMWD, APOG, ATR, ACGL, ASH, BMI, BSET, BBBY, BFH, BBW, CAL, CE, CLS, CF, CRL, CHS, CHD, CIEN, CSCO, CTSH, COP, CLR, GLW, CRH, CCRN, CSGS, DDS, DUK, EXP, EIX, FDX, GME, GIS, GGG, EVRG, HSC, HE, HQY, HL, HNI, ILMN, INCY, IPI, KBH, K, KBAL, LEG, MLKN, MOS, MYGN, NBR, NFG, NOV, NCR, NTGR, NWL, NEU, NEE, NXGN, NKE, OMC, OUT, OXM, PANW, PKE, PATK, PNW, POR, PINC, PEG, PHM, SEIC, SMTC, SKX, SUM, TFX, TEVA, TZOO, TG, SLCA, VLO, VRTX, WMB, WOLF, ITB, IEZ, FXI, BOTZ, IYZ, IYF, EWA, EWH, EIS, EWJ, EWS, EWY, TUR, PPA, PBE, PEJ, XLP, XLF, UNG. Clink 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 9/6/22. Slider Trading Quiz!

The Dow dropped by -1.1% or -337.98 points. Since 10/01/1928 the Dow made 314 similar moves on a percentage basis. After those moves, the next day’s…

     Average gain was 0.9% on 148 occasions.

     Average loss was -0.8% on 166 occasions.

Expect the Dow to close lower 52.9% of the time.

Weekly, since inception on 6/14/2011:

     The prediction of the Dow closing higher has been right 250/449 or 55.7% of the time.

     The prediction of the Dow closing lower has been right 47/98 or 48.0% of the time.

$ $ $

I show another slider trading quiz featuring St. Paul Travelers: STA stock.

$ $ $

Here’s a symbol list of 218 chart and candlestick patterns (13 “investment grade” candle patterns) found in today’s securities using my version of Patternz:
DDD, MMM, AXDX, ACN, ACIW, AYI, ADTN, AES, AFL, AKAM, DOX, AXP, AFG, AMWD, APH, AON, APOG, AAPL, AMAT, ATR, ACGL, AWI, ASH, ADSK, BMI, BSET, BIO, BIIB, BA, BOOT, BAH, BBW, CE, CRL, CHKP, CHS, CIEN, CINF, CSCO, CLX, CNA, CTSH, CMCO, CONN, COP, GLW, COST, CROX, CMI, DHR, DECK, DDS, DFS, ^DJT, ^DJI, DUK, EMN, ELV, WIRE, RE, EXPD, FDS, FDX, FLS, FMC, FWRD, FDP, GME, GL, GOOGL, GGG, EVRG, GES, HBI, THG, HSC, HE, HQY, HNI, HON, JBHT, IEX, IDXX, ILMN, INFN, INTC, IPAR, TILE, IPG, ISRG, KELYA, KMT, KBAL, KMB, LAMR, LDOS, LLY, MANH, MAN, MAS, MA, MDC, MDT, META, MSFT, MLKN, MLI, MYGN, ^IXIC, NCR, NTGR, NTAP, NEE, NXGN, NKE, NVDA, ORI, OMCL, OMC, ASGN, OXM, PKG, PKE, PAYX, PYPL, PNW, POR, PPL, PG, PGR, PEG, RMBS, RJF, RGA, RLI, RHI, RCKY, RES, ^GSPC, SCHW, SAIC, SMG, SEIC, SIGI, SKX, SR, SXI, SNPS, TDOC, TFX, TEVA, TXN, TKR, RIG, SLCA, VFC, VLO, VRTX, V, WAT, WERN, WEX, WSM, WOLF, IYK, DDM, FTEC, FDN, FXI, QQQ, ICF, IYZ, SOXX, IYF, IHI, EWK, EWQ, EWG, EWH, EIS, EWI, EWP, EWL, EWU, QLD, PPA, PBE, PEJ, PHO, IEV, IXN, SSO, XLP, XLF, XLI, XRT, SPY, XLK, SMH, VIS, MGK. Clink 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

© 2022 ThePatternSite.com    Metric   Value   Diff   Close (within 10% of the high-low range for the day)? 
 Monthly S2   29,161.36      
 Monthly S1   30,239.90   1,078.54   
 Weekly S2   30,465.49   225.59   
 Daily S2   30,664.33   198.84   
 Weekly S1   30,891.97   227.63   
 Daily S1   30,991.39   99.42   
 Low   31,182.09   190.70   
 Close   31,318.44   136.35   
 61.8% Down from Intraday High   31,504.81   186.37   
 Daily Pivot   31,509.14   4.34   Yes! The Daily Pivot is close to the 61.8% Down from Intraday High.
 50% Down from Intraday High   31,604.49   95.35   
 Weekly Pivot   31,608.56   4.07   Yes! The Weekly Pivot is close to the 50% Down from Intraday High.
 38.2% Down from Intraday High   31,704.18   95.62   
 Daily R1   31,836.20   132.02   
 Open   31,848.50   12.30   Yes! The Open is close to the Daily R1.
 High   32,026.90   178.40   
 Weekly R1   32,035.04   8.14   Yes! The Weekly R1 is close to the High.
 Monthly Pivot   32,260.63   225.59   
 Daily R2   32,353.95   93.32   
 Weekly R2   32,751.63   397.68   
 Monthly R1   33,339.17   587.54   
 Monthly R2   35,359.90   2,020.73   


Friday 9/2/22. Pattern Trading Setups for the Weekend.

$ $ $

Here’s a symbol list of 242 chart and candlestick patterns (13 “investment grade” candle patterns) found in today’s securities using my version of Patternz:
DDD, ABT, ADBE, AEIS, AMD, AES, AFL, APD, ATSG, ALK, ALB, AA, DOX, AEO, AXP, APOG, AMAT, ARCB, ACGL, ASH, AVNT, BMI, BCPC, BALL, BSET, BERY, BBY, BFH, CBT, CDNS, CALM, CE, CX, CNP, CENX, CRL, CHKP, CHS, CIEN, CSCO, CLF, CTSH, GLW, COTY, CRH, DDS, DRQ, EMN, EBAY, EIX, EL, EXC, FFIV, FLEX, FLS, FMC, FCX, FDP, GME, GE, GIS, GL, GGG, GES, HSC, HIG, HL, HSII, HSIC, HNI, HOV, INCY, NSP, IBP, ITGR, IPAR, IBKR, IPG, INTU, JBLU, KALU, KBH, KELYA, KFRC, KBAL, KLAC, KLIC, LZB, LEG, LLY, LNC, RAMP, MHO, MTSI, MANH, MAS, MDC, MSFT, MLKN, MOS, MLI, ^IXIC, NCR, NTGR, NWL, NVDA, ORI, OLN, OMCL, OMC, OUT, OXM, PKG, PFE, PPG, PRU, QCOM, RMBS, RCKY, ROST, SAIA, CRM, SMG, SMTC, NOW, SKX, SCCO, LUV, SR, SXI, SSYS, SUM, SNPS, TGT, TER, TEVA, TXT, TKR, TOL, TRV, SLCA, VMI, VEEV, WLK, WSM, WOLF, ITA, IYM, ITB, FTEC, FDN, QTEC, FXL, FXI, BOTZ, ICF, IAT, IGV, SOXX, SLV, IYF, IHI, EWA, EWO, EWK, EWZ, EWC, EEM, EWQ, EWG, EWH, EIS, EWI, EWJ, EWW, EPP, EZA, EWP, EWD, EWL, THD, EWU, PPA, PBE, PEJ, PJP, PHO, ROBO, IEV, IXN, ILF, MXI, XLF, GLD, XLV, XLB, XAR, XLK, XLU, USO, SMH, VAW. Clink 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

Top

 

 Symbol  Chart Pattern  Bullish 
 Bearish 
Start End Industry
ABT Double Top, Adam and Eve        07/22/2022 08/16/2022 Medical Supplies
AEIS Triple top        08/04/2022 08/26/2022 Semiconductor
ALRM Pipe top        08/08/2022 08/15/2022 Computer Software and Svcs
AMWD Broadening top        08/01/2022 08/30/2022 Building Materials
AMGN Double Top, Adam and Eve        07/26/2022 08/16/2022 Biotechnology
AMAT Double Top, Eve and Adam        08/04/2022 08/15/2022 Semiconductor Cap Equip.
ATR Head-and-shoulders top        07/29/2022 08/26/2022 Packaging and Container
ADSK Double Top, Eve and Adam        08/15/2022 08/25/2022 Computer Software and Svcs
AVY Pipe top        08/08/2022 08/15/2022 Packaging and Container
BECN Double Top, Eve and Eve        08/04/2022 08/18/2022 Retail Building Supply
BBBY Dead-cat bounce        08/31/2022 08/31/2022 Retail (Special Lines)
BIO Double Top, Eve and Adam        07/29/2022 08/11/2022 Medical Supplies
BIIB Triple top        07/08/2022 08/11/2022 Biotechnology
BRC Head-and-shoulders top        08/01/2022 08/26/2022 Chemical (Diversified)
CBT Double Top, Eve and Adam        08/16/2022 08/25/2022 Chemical (Diversified)
CLS Head-and-shoulders top        08/11/2022 08/26/2022 Electronics
CHS Pipe top        08/15/2022 08/22/2022 Apparel
CSCO Pipe top        08/15/2022 08/22/2022 Computers and Peripherals
CCRN Pipe bottom        08/08/2022 08/15/2022 Human Resources
CTS Double Top, Adam and Adam        08/18/2022 08/25/2022 Electronics
EXP Pipe top        08/08/2022 08/15/2022 Cement and Aggregates
EMR Head-and-shoulders top        07/29/2022 08/18/2022 Computers and Peripherals
EFX Pipe top        08/08/2022 08/15/2022 Information Services
EXPD Double Top, Eve and Eve        08/11/2022 08/26/2022 Air Transport
XOM Ugly double bottom        07/14/2022 08/05/2022 Petroleum (Integrated)
FDS Double Top, Adam and Adam        08/18/2022 08/26/2022 Information Services
FDX Triple top        08/01/2022 08/16/2022 Air Transport
FWRD Pipe top        08/08/2022 08/15/2022 Trucking/Transp. Leasing
FRD Double Top, Eve and Eve        08/19/2022 08/29/2022 Building Materials
GFF Double Top, Adam and Eve        08/11/2022 08/25/2022 Building Materials
HLIT Triangle, symmetrical        08/02/2022 08/26/2022 Telecom. Equipment
HNI Pipe top        07/18/2022 07/25/2022 Furn/Home Furnishings
NSP Head-and-shoulders top        08/02/2022 08/26/2022 Human Resources
IBP Double Top, Adam and Eve        08/04/2022 08/16/2022 Retail Building Supply
ITGR Pipe top        08/08/2022 08/15/2022 Electronics
TILE Triple top        03/03/2022 08/04/2022 Furn/Home Furnishings
IPG Double Top, Adam and Eve        07/20/2022 08/16/2022 Advertising
INTU Double Top, Eve and Adam        08/15/2022 08/24/2022 Computer Software and Svcs
KMB Double Top, Adam and Eve        07/06/2022 08/16/2022 Household Products
KLIC Head-and-shoulders top        07/20/2022 08/12/2022 Semiconductor Cap Equip.
LZB Double Top, Adam and Adam        08/16/2022 08/24/2022 Furn/Home Furnishings
LH Double Top, Adam and Eve        07/29/2022 08/11/2022 Medical Services
LAMR Pipe top        08/08/2022 08/15/2022 Advertising
LDOS Pipe top        07/25/2022 08/01/2022 IT Services
LEN Head-and-shoulders top        08/01/2022 08/25/2022 Homebuilding
LLY Pipe top        08/15/2022 08/22/2022 Drug
LMT Double Top, Eve and Adam        08/17/2022 08/26/2022 Aerospace/Defense
MHO Head-and-shoulders top        07/28/2022 08/26/2022 Homebuilding
MTSI Head-and-shoulders top        08/05/2022 08/25/2022 Semiconductor
MRO Ugly double bottom        07/14/2022 08/05/2022 Petroleum (Integrated)
MU Double Top, Adam and Adam        08/04/2022 08/12/2022 Semiconductor
MCO Pipe top        08/08/2022 08/15/2022 Information Services
JWN Dead-cat bounce        08/24/2022 08/24/2022 Retail Store
NWPX Triple top        08/16/2022 08/25/2022 Building Materials
NVDA Horn top        08/01/2022 08/15/2022 Semiconductor
OXY Pipe bottom        08/01/2022 08/08/2022 Petroleum (Producing)
ORI Pipe top        08/15/2022 08/22/2022 Insurance (Prop/Casualty)
OLN Double Top, Eve and Adam        08/16/2022 08/26/2022 Chemical (Basic)
ASGN Head-and-shoulders top        08/01/2022 08/26/2022 Human Resources
OUT Head-and-shoulders top        08/04/2022 08/26/2022 Advertising
RMBS Double Top, Adam and Adam        08/18/2022 08/25/2022 Semiconductor Cap Equip.
SLB Ugly double bottom        07/14/2022 08/05/2022 Oilfield Svcs/Equipment
SMTC Dead-cat bounce        09/01/2022 09/01/2022 Semiconductor Cap Equip.
SLGN Double Top, Adam and Adam        08/16/2022 08/26/2022 Packaging and Container
SCS Double Top, Adam and Adam        08/16/2022 08/26/2022 Furn/Home Furnishings
SUM Pipe top        08/08/2022 08/15/2022 Cement and Aggregates
SRDX Pipe top        08/08/2022 08/15/2022 Medical Supplies
TXN Double Top, Adam and Eve        08/04/2022 08/12/2022 Semiconductor
TXT Head-and-shoulders top        07/28/2022 08/26/2022 Diversified Co.
UGI Pipe top        07/25/2022 08/01/2022 Natural Gas (Distributor)
VFC Pipe top        07/18/2022 07/25/2022 Apparel
V Double Top, Eve and Eve        07/22/2022 08/16/2022 Financial Services
WAT Pipe top        07/25/2022 08/01/2022 Precision Instrument
WLK Pipe top        08/15/2022 08/22/2022 Chemical (Basic)
WSM Pipe top        08/15/2022 08/22/2022 Retail (Special Lines)
WWW Diamond top        08/01/2022 08/17/2022 Shoe

 

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Thursday 9/1/22. 2022 Forecast Update

The Nasdaq dropped by -0.6% or -66.9394 points. Since 02/05/1971 the Nasdaq made 332 similar moves on a percentage basis. After those moves, the next day’s…

     Average gain was 1.1% on 149 occasions.

     Average loss was -0.8% on 183 occasions.

Expect the Nasdaq to close lower 55.1% of the time.

Weekly, since inception on 6/14/2011:

     The prediction of the Nasdaq closing higher has been right 244/430 or 56.7% of the time.

     The prediction of the Nasdaq closing lower has been right 64/136 or 47.1% of the time.

Here’s the updated 2022 forecast, presented in slider format.

Based on sector performance from Fidelity, the best performing sectors for year-to-date performance as of 30 August 2022 were…
(The numbering is how they ranked a month ago.)

1. Energy (+46%)

2. Utilities (4%)

3. Consumer staples (-5%)

4. Health care (-11%)

5. Industrials (-12%)

7. Financials (-15%)

6. Materials (-16%)

8. Real estate (-19%)

9. Information technology (-22%)

10. Consumer discretionary (-23%)

11. Communication services (-31%)

The folks at two firms polled by Fidelity weigh the sectors in this order, as of 8/1/22.

1. Information technology (IT)

2. Health care

3. Consumer discretionary

4. Financials

5. Communication services

6. Industrials

7. Consumer staples

8. Energy

9. Utilities

10. Real estate

11. Materials

Here’s how they rank the industries, but only the top 10 appear. One-year change, as of 8/31. The numbering is how they ranked a month ago.

1. Oil, gas and consumable fuels (+71%)

2. Construction and engineering (+36%)

3. Energy equipment and services (+30%)

5. Health care providers and services (+21%)

7. Food products (14%)

4. Automobiles (+13%)

6. Multi-utilities (+13%)

8. Beverages (+11%)

10. Electric utilities (9%)

9. Technology hardware, and storage (6%)

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Here’s a symbol list of 137 chart and candlestick patterns (13 “investment grade” candle patterns) found in today’s securities using my version of Patternz:
ACIW, AFL, APD, ALK, ALKS, AYX, AEE, AIG, AMWD, AMN, APOG, ACGL, ATO, BMI, BBBY, BIG, BA, BOOT, CAL, CX, CF, CHS, CSCO, CLF, CLX, CGNX, CTSH, CAG, GLW, COST, COTY, CRH, CCK, CMI, DDS, DSGR, EMN, EIX, EL, FLS, FDP, GME, GPS, GGG, GFF, HLIT, HIG, HL, HNI, HOV, HURC, IIIN, IPAR, IVC, JBLU, KMT, KBAL, LHX, LEG, LLY, LNC, LOW, MHO, M, MCHX, MDC, MOS, NCR, NTGR, NEE, NXGN, ORI, OLN, OMCL, OUT, PKE, RL, SCHW, LUV, SWX, SCS, TPR, TEVA, TXT, TKR, TZOO, UNM, WERN, WU, WSM, WOLF, ITA, IYM, IYK, ITB, IDU, FXI, ICF, IAT, IYZ, SLV, IYF, EWA, EWC, ECH, EWH, EPP, EZA, EWT, EWU, PPA, PEJ, PHO, ROBO, MXI, XLP, XLF, GLD, XLV, XLI, XLB, VIS, VAW. Clink this link for details (pattern type, start and end dates).

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

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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

© 2022 ThePatternSite.com    Metric   Value   Diff   Close (within 10% of the high-low range for the day)? 
 Monthly S2   10,529.17      
 Monthly S1   11,172.68   643.52   
 Daily S2   11,672.67   499.99   
 Weekly S2   11,690.20   17.53   Yes! The Weekly S2 is close to the Daily S2.
 Daily S1   11,744.44   54.24   
 Weekly S1   11,753.20   8.76   Yes! The Weekly S1 is close to the Daily S1.
 Low   11,814.17   60.97   
 Close   11,816.20   2.03   Yes! The Close is close to the Low.
 Daily Pivot   11,885.93   69.73   
 61.8% Down from Intraday High   11,895.63   9.70   Yes! The 61.8% Down from Intraday High is close to the Daily Pivot.
 50% Down from Intraday High   11,920.80   25.17   
 38.2% Down from Intraday High   11,945.96   25.17   
 Daily R1   11,957.70   11.73   Yes! The Daily R1 is close to the 38.2% Down from Intraday High.
 Open   11,972.60   14.90   Yes! The Open is close to the Daily R1.
 High   12,027.43   54.83   
 Daily R2   12,099.19   71.76   
 Monthly Pivot   12,176.89   77.69   
 Weekly Pivot   12,204.52   27.63   
 Weekly R1   12,267.52   63.00   
 Weekly R2   12,718.84   451.32   
 Monthly R1   12,820.40   101.56   
 Monthly R2   13,824.61   1,004.20   

 

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Blog: October 2022 As of 10/06/2022   Indus: 29,927 -346.93 -1.1%     Trans: 12,839 -14.68 -0.1%     Utils: 882 -27.65 -3.0%   ...

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