timwest

timwest Wizard

This chart is the result of teamwork here at the "KEY HIDDEN LEVELS CHATROOM" you can find here at TradingView. Traders have asked for how to read the gold chart and it has turned into a multi-hour conversation about the recent trends and trades using TIME AT MODE and how to derive the right time frame to trade on in any market. Here you will find the many...

timwest Wizard

It looks like there was a wholesale liquidator of silver and many other metals over the past two weeks that took silver down by over two dollars from over $16.30 to under $14.20. The 2 hour time frame captures the decline quite well and the pauses along the way weren't much longer than 10 bars. The current correction to that downtrend is the longest so far and...

timwest Wizard

See my previous charts on this phenomena. Buyers that stabilize VIX are long term in nature and after the market rallies beyond where those buyers accumulated shares, it has ALWAYS come back to retest and that's what we are doing here today. The 75% retracement off of the high spike in vix to 50 is where we are pulling back to. There is a 2ndary spike in VIX...

timwest Wizard Updated 

The monthly chart in SLV, iShares Silver Trust is revealing a new buy signal that happened after October's price range expanded to the upside. Silver trades well on the Monthly time frame and has seen many profitable signals in the run-up and collapse. I have not always used the monthly time frame for analysis, but it is definitely an interesting time frame to...

timwest Wizard Updated 

Time has expired for Bitcoin to decline and the price "failed" to drop to the suggested targets. It looks as if Bitcoin has upside to rally back to the previous mode in the next 9 months. Look at the previous forecasts on Bitcoin to see how these trade setups have done and how they worked. Lately the methodology has been a little choppy after working so...

timwest Wizard Updated 

After publishing a chart on KSS for its favorable fundamental situation with the stock oversold and expectations low, I decided to find another stock where the valuation looked high with it technically overbought and running into a wall of overhead resistance. I found this condition in BDX, a manufacturer of medical devices, many of them disposable. Notice how...

timwest Wizard Updated 

Apple's highest close was back on February 23rd of this year when it finished the day at $133. Since that time it has only gone over 133 on 3 occasions and has reached as high as 134.54 on April 28th. I wanted to point out that all remarkable investments have major declines and are a lot more volatile than Wall Street likes to point out. The stock market has...

timwest Wizard

That chart comments say it all: You need to know that investments are far more volatile than what people discuss and far more than most people can handle because you need to expect to see big declines from time to time because that's just what happens. If you borrow money to buy stocks, you will take too much pressure and face liquidation by the margin...

timwest Wizard

Here's a simple weekly chart of the DIA using a 5-day chart. 5-Day charts use consecutive 5-day time windows to form the bars and is not a "weekly" chart because it isn't plotting Mon-Fri action as one bar. It's a clever way to group 5-days together for graphing. The rally up from the 6-week base has now extended 6 weeks and time has expired. The rally has...

timwest Wizard Updated 

Japan's Nikkei 225 Index - Daily Is poised to blast out of major resistance just overhead at 18400-18500. If it can successfully hold on to a blast-off move over 18400+, we can look for gains to 20,000+ and then 21,600+ over the coming 8-16 weeks. I am waiting for 18,400 to break first, then buy half the position. I'll buy another half crossing 18,500 and use...

timwest Wizard

I believe it is important to know at what levels a stock reports its earnings because that is when you KNOW everyone interested in a stock is watching, analyzing and adjusting their position. It is the "buy/sell/hold" day for a stock and quite often the level is an important "market memory" level for a long time after, even up to a year or more later the stock...

timwest Wizard

I published this chart in October and now Zillow has pulled back to the levels where I had suggested to look for a re-entry for a re-test of the high near $33.50. Zillow is quite volatile and moves 6% per day, which is 3 times the volatility of the overall market. The risk from here is a move under $25 or 10% lower while upside is for a move up to $33 or a bit...

timwest Wizard Updated 

Warning: Severe Hindsight Bias Presented. Had you followed this simple (in hindsight) strategy to Sell Gold and Buy Silver whenever the ratio hit 78 (using XAUUSD and XAGUSD) and then turned around and did the opposite when the ratio hit 52 where you sold all of your silver to buy gold, AND if you had started doing this starting in May 1987 when the S&P500 was at...

timwest Wizard Updated 

All of the bad news seems to be out for Keurig (Green Mountain Coffee Roasters, GMCR, is the symbol). 1. They created a brewing machine that didn't allow you to use the competitors K-Cups = FAIL. 2. They created a mini-brewing machine that caught fire = FAIL 3. They partnered with Coke (KO) to market a cold-beverage machine = FAIL (my guess). So, the...

timwest Wizard Updated 

Target: 59+, +9% Stop: <53 (approx 52.5), -4% Reason: Oversold to "Key Earnings Level" that has held declines after the last three earnings reports. Risk: Less than half of the upside potential. Reward: Up to the last earnings release level at the 60 level. With the S&P futures up strongly this morning and relief from a Chinese market rally despite terrible...

timwest Wizard Updated 

Here is an overview of the condition of the current trend in Bitcoin using Bitstamp prices. The uptrend in 2013 was well constructed and had 7 months at its mode (see purple boxed in range with mode highlighted). The movement out of the mode/accumulation zone peaked early on and by the 7th month had exhausted itself. 5 months after the highest high was...

timwest Wizard

I've posted on Kohls before and was able to catch both the back and forth waves in KSS shares and the breakout move to the high this year. Now we are being presented with an opportunity in disguise. The problem is the price is down sharply from the peak and retail has been suffering lately with Walmart getting slammed and Amazon growing its reach with online...

timwest Wizard

Recession in bricks & mortar businesses! Down with the retail real estate holders like Walmart (WMT), Kohls (KSS), Whole Foods (WFM), Michael Kors (KORS), Coach (COH), and Target (TGT) and UP WITH Amazon (AMZN), Priceline (PCLN), GOOG (Alphabet), Nike (NKE)... and those that don't directly deal with the consumer using retail commercial real estate. This is...