timwest

timwest Wizard

115.53 target, 123.28 entry level for the next three days. 120.41 last. Downtrend in place. Sell rallies to the 8-day mode area near 123-124. Initial target is 118 where the 10-day mode was from the rally AND ALSO 2 "key hidden earnings levels" are located, then 115.5 target. Longer term, if GMCR can stay under 118, then the downside really opens up and I...

timwest Wizard

I want to show you another example of the power of TIME AT MODE in the previous uptrend and downtrend. I have analyzed the last two trends (one up, one down) in OIH since January. The 8-day mode that failed in the uptrend is most interesting because the market was poised to explode higher, but it failed, and the market then went all the way back down to where...

timwest Wizard

Stop 22.00 Target 29-30. Last 24.23. I like how X held the earnings report "key hidden level" and the gap in the chart and has formed a double bottom here. The next 3 days have to see X hold above 23.20, so if that isn't the case, then exit. Look for a slower, steadier rally towards 29-30 over the next couple of months. And consider shorting GM against a...

timwest Wizard

Silver is in an uptrend: 1. Because it has not had a new low in 5-days AND 2. The time of the recent "Time at Mode" sell signals have expired AND 3. The market is back above the lowest, largest mode from the decline AND 4. The RgMov "trend line" is at a 2-month high (and not a 2-month low). 5. Recent "range expansion days" highlighted with blue-triangles...

timwest Wizard

First - Divide each 390 minute trading day into 6 equal 65 minute bars. Second - Follow the Mode to see if it is rising, which is bullish. Third - Look for detachment, when an entire range is above the mode. Fourth - Measure the range around the mode and project up from the mode. Fifth - Count the time at the mode and use that as your count-down...

timwest Wizard

Why 65 minutes? Because a 390 minute trading day subdivides into 6 equal 65 minute bars. I don't look at hourly because a 390 minute day would then be 6-60 minute bars and 1-30 minute bar. If you look at hourly charts, then be sure to include pre and post session time to avoid the logic problem. TIME AT MODE analysis works well on TESLA in this time frame, if...

timwest Wizard

Bitfinex Data: The 20-day time and volume mode set up a 20-day rally and it reached it's conservative target. Usually after a long mode (20-bars is as long as you can have at one price before you switch to the next higher time frame), it will retest and build a new, higher mode, which will take some time. The market failed to make a new high after 5-days and...

timwest Wizard

Using Time-At-Mode Methodology on a daily time frame - you can see how the structure of the rally in Bitcoin developed and where the modes were and how the market acted around those modes as they increased over time. The maximum time you can have at one price is 20, so Bitcoin was on its very last day when it accumulated a total of 20 days at the 240 level just...

timwest Wizard

Here is a simple, visually descriptive portfolio management system for holding 10% of a portfolio in gold. Over the long term, the best way to make money in gold is to buy it when it falls and sell it when it rallies. But what everyone needs is a set of rules to follow so you know when to buy and sell, and to decide how much. This is simple money management...

timwest Wizard

Most People See the declining channel off the highest high last sumer and think Tesla is in a massive downtrend. I heard it on CNBC yesterday from their main technical analyst (I normally listen to Bloomberg during the day, but I wasn't at the office) and felt very good that the "Common Person" view of the Tesla chart was bearish. You can see clearly that every...

timwest Wizard

Time at Mode Methodology: Sell breaking under today's range in tomorrow's trading. Target the 7-day mode. Risk 3 x's the ATR(11). These trades are difficult to take due to the "fade the trend" mentality needed to enter the market. By selling short term weakness under the previous day's low, at least you aren't guessing a price out of thin-air like you'd...

timwest Wizard

Following up --- Entry SHORT right at today's high zone. Expect to see lower prices next week. Tim 4:01PM Friday, March 13, 2015

timwest Wizard

4 out of 5 times the market is down (after inflation, not counting dividends) 71 months after a changeover at the Fed. We are approaching the best performance for the stock market where there is minimal upside potential and maximum downside risk. The odds are stacking up that the future will not be as rosy as the past based on the historical performance of this...

timwest Wizard

I'm taking you back to last summer and breaking down the trend on a weekly basis to see how it formed and how that trend expired in the recent weeks with the end of three separate 10-week setups. The declines ALL REACHED their downside projections and they all reached new lows within half of the time of the time of the mode. We can use that benchmark on the...

timwest Wizard

Look for pullbacks to get on board Pandora after this breakout from a base formation. There is some resistance right here, and be prepared to buy if Pandora doesn't drop back to $16 in the next 3 days. If it can't pull back, then it means that is in extremely strong hands. Note suggested stop loss level. Tim 11:17AM EST, Friday, March 13, 2015 16.67 last +1.34

timwest Wizard

The decline in the S&P500 is going very orderly and according to logic. This is just an update, where I have highlighted the 10-day support level (purple box labeled "10 Pd Supp.") where we are seeing support holding the market here today. I also highlighted the 202-201 level where 15-days of time have built a level of support too. There is a 6-day downtrend...

timwest Wizard

The S&P500 bounced half-way back from the range-expansion down day it had on Friday and then backed away from that advance. The setup for this trade is for a downtrend to be in effect, which it is. Next is to look for a rally to the mid-point of a range-expansion down day, which happened today. The target is the low on Friday and the stop is the close on...

timwest Wizard

Here's a new DISCOVERY - to start the uptrend from the lowest high (not necessarily the lowest low). With trend calculated in this more logical way, it makes everything get CRYSTAL CLEAR in the SPY here. This observation makes the uptrend start at an earlier date, which puts a few more days at the mode for the uptrend and allows a little more advance and then...