timwest

timwest Wizard

What I've done here is look back at the last two earnings cycles for the stocks in the DJIA-30 stock index. 1. The large green box is the cycle itself. 2. The smaller green box is the high and low of the 29 of 30 DJIA elements (Nike is the outlier). 3. The TRIANGLE is the mid-point of the range of the earnings reporting cycle. I couldn't help but notice how...

timwest Wizard

Here's why 127 was a big level on multiple elements 1. HIGH VOLUME SUPPORT - See VPVR on right hand scale of the chart. More AAPL shares have traded at 127 than any other in the past 3 months. 2. Range Expansion on the rally back in May signifies where important buyers lay in wait for more stock. 3. The Profile (By profile, I am referring to the "normal...

timwest Wizard

This is an interesting pattern to jump out at me on the chart this afternoon: What you need to see to confirm that this is indeed the pattern is to get a "RANGE EXPANSION BAR" to the upside tomorrow (or any day). ENTER ON STRENGTH with this pattern. Use the MID-POINT of the range expansion bar as another level to buy against on the following bars and target the...

timwest Wizard

The DAX is now down more than 10% below its closing high at 12,386 on April 10, 2015. The market hasn't closed yet but it is catching attention. The current downtrend has 17 days around the 11,400 level and the trading range around the 11,400 is nearly 800 points, so the downside projection using Time@Mode gives a target down at 10,600 over the next couple of...

timwest Wizard

Rolling over again, now breaking the 253 (1 year) day moving average after testing it in April and again in May... The 66 day (1 quarter) moving average is pointing down and the price is rejecting it on the last rally. 41 is the level where the least amount of trading has occurred in DAL shares, so that means this is where buyers are supposed to be. I think,...

timwest Wizard

Time@Mode is a way of showing accumulation and distribution in the prices of actively traded/valued securities and markets. When a market is in motion, it tends to hold at a certain level longer than at any other level before it moves once again upward or downward. Much like a rest stop on a long drive, the congestion area or "mode" provides a useful measuring...

timwest Wizard

The concept here is to use the KEY EARNINGS LEVELS as the important beginning and ending for your regression analysis. That way you KNOW the first and last points are extremely important price levels for the stock you are analyzing. Many times people use various, inconsistent methods to determine where to begin and end regressions and it yields unacceptable...

timwest Wizard

Silver is "hanging around" in the "BUY ZONE", also called the "Double-Down-Zone" labeled with the brown box. Yesterday silver jumped up strongly and retraced back down. I left my previous comment down below where I pointed out that Silver was overbought, many times a very bullish sign for a very strong trend to get overbought and then just see if it stays...

timwest Wizard

UPDATE 6/16 - 6/17/2015 8:29AM EST Buy stop was triggered going over $237 and the target was immediately reached at $246-$247. Short positions were stopped out at small losses. In my "KEY HIDDEN LEVELS CHATROOM" - I posted a heads up to BUY BITCOIN yesterday 6/16 because the range was expanding to the upside, which confirms the uptrend....

timwest Wizard

Volume at Price is available for Pro users here at TradingView, but you can see how valuable it is at finding important levels of resistance and support. Notice how the rally in ZNM2015 peaked in the zone where trading volume was at a minimum. Why was volume so low? We can deduce that there are sellers there because the market didn't stay there very long and...

timwest Wizard

I have drawn out a guess for how the EURUSD will advance back to the 1.13-1.14 area. I draw reactions from clusters of time and where there is low time and draw a progression of about 16 days similar to the number of days at the mode across March through April. The secondary reason for this chart is today's "Range Expansion Down Day" that started from a "HIGHER...

timwest Wizard

Weekly Bars and Profiles of the moves up and down across the range here from 14 to 18.50. The contracting range across the Dec-January initial range is a sign the market is waiting for news. The recent green uptrend (boxed in green) is still intact but it sitting on support. The rally has had 3 weeks where the price range EXPANDED on the upside where the...

timwest Wizard

Quick Post Here: I posted this in my "KEY HIDDEN LEVELS CHATROOM" at TradingView. I love TWTR for news and now I love this double bottom and RANGE EXPANSION off of the 36 level - targeting all of those KEY LEVELS from earnings releases up at 43-44-45-46 Tim 36.94 last TWTR 3:10PM EST 5/28/2015

timwest Wizard

KORS reported earnings on Wednesday of $0.90 and the stock tumbled to close at $45.93, down from the $60 level earlier in the week. In past chart publications I have been pointing out how unrealistically expensive Michael Kors shares were when compared to the underlying revenues of the company. The multiple of revenues reached a fever pitch at 6.8X's Sales in...

timwest Wizard

Tesla has been building this rally in a very consistent manner with buyers stepping up so that only 9-days are at the same price at each interval for the past two months. This will be the 3rd such "MODE" formed along the current rally. Normally, in a healthy advance, the price will advance "AFTER THE MODE" by the amount of trading range around the mode but in...

timwest Wizard

I added some information relating to the next "earnings wave" that arrives in July. You can see the rough outline (copy of the last one) of the next "earnings dates". Look how the market is moving along the "KEY LEVEL" marked with the red-line "18101 KEY" above. I also highlighted the daily bar when earnings came out so you can see that the market has...

timwest Wizard

Short positions are covered and it is time to look at the justification for going long here. #1. When you don't want to be short a market, it is usually time to consider the opposite side of that trade. Because if you don't want to be short, you really are saying that you expect a bounce. You don't have to trade that bounce, but it's important to recognize...

timwest Wizard

GM has suffered relative to the rest of the market, probably due to its US Government shareholder position. Look at the various positive points here: 1. Consistently profitable - note the 4th pane which shows after-tax profits margins 2. Revenues slowly growing. Not much growth, but not declines. 3. Turning up after a steep 31% correction into the 4Q of 2014...