timwest

timwest Wizard Updated 

The TIME@MODE structure of the decline in the $EURUSD has put the market in a tight spot here sitting right on support. Why is it support? The current price is where the most volume has traded over the past few months, so it is the "resting place" where collectively the market is viewed as "balanced" and "fairly valued". Why is it a low risk buy? The market...

timwest Wizard Updated 

To get a a graph of the portfolio, I added the S&P500 and TLT together. But to keep them roughly equal I used 50% of the price of $SPY and 100% of the price of $TLT. I create the graph by typing the following into the symbol window: SPY*.5+TLT It shows also that the mood of the country might have been pretty bad going into the election since the combined...

timwest Wizard Updated 

Simply notice the 'inflation adjusted declines' of 1974 and 1982 and the overall 1970-1982 correction and compare them to the 2002 and 2007 decline from 2000-2009 and see what happened after. After two massive 50%+ declines, there doesn't "NEED" to be another massive wipeout for a long time. Investors do repeat patterns, so if they continue to repeat this...

timwest Wizard Updated 

The chart of $TSLA appeared to be falling without end in sight, but if you had short positions on from higher levels, you knew where to cover them - and that is right at the "EARNINGS LEVEL".  I believe it is essential to know where these levels are and I track them on every listed stock here on TradingView that I trade.  The EARNINGS LEVEL is the green triangle...

timwest Wizard Updated 

Each time there is a panic selloff and recovery, the buyers who stepped up to the plate and accumulated shares at a discount show that they are in control of the market. What happens when VIX or VXN spikes when the market falls? Well, sellers of options demand higher prices to compensate for higher risk or higher costs of taking a trade. Also, buyers of options...

timwest Wizard Updated 

I don't know what to make of this, but I found it on April 24th and I saved it as a private chart because I didn't think it was anything really of interest. It was just an observation and I've tried doing these lines with EARNINGS levels too, but I'm not one for trendlines in general because I don't believe people "THINK IN TRENDLINES". Now that almost another...

timwest Wizard Updated 

US DOLLAR INDEX - $DXY Has been trending on the 3-month time frame since 1996 and is in a 20-quarter uptrend that started in the 3rd quarter of 2014 and should continue until the end of the 2nd quarter of 2019. Note how the market consolidates for 9-quarters and then trends for 9 quarters before the trend ends, right on time. 1995 to 2000 rally set up a...

timwest Wizard Updated 

Please refer to the other charts I have produced on this methodology. It takes a long time to put these charts together and then to explain them for clarity for you. Let's start from the beginning: 1. VIX is a measure of volatility of S&P500 options. If volatility rises, buyers of options are driving up options prices aggressively relative to weaker...

timwest Wizard Updated 

The "building blocks" method I call "Time@Mode" allows you to count time at the mode of the trend and use that time to count forward in time to have an idea of the duration of an advance (or decline). The "price range" around the "mode" of the trend is the measuring stick for the rally (or decline). So, you get both a time and price target to utilize. In...

timwest Wizard

Here is a quick diagram of the relationship of two of my favorite indicators combined with Gold. I've got to get this out to you now, and follow up later with more details. Sometimes a picture is worth a thousand words and sometimes I have to spell out the words, which may be the case with this one. Many worry that VIX is low, but low VIX is not a worrisome...

timwest Wizard

And now it is poised to drop. I would compare the current price advance to climbing to the highest point in a tree... There is nowhere to go but down from here. Or you can wait for the tree to grow. The Time@Mode structure of the Ethereum Bitcoin price reached the price projection on multiple time frames all within a short period of time. Time@Mode is a method...

timwest Wizard

$10,000 invested at $0.08 would grow to $1,000,000. This chart is an amazing run that everyone should have a look at. When we look at the chart of $BTCUSD or other monster gains in stocks or in any market, we often see 75% retracements and many 50% retracements, but only 1 50% retracement in this chart of $CSCO. I remember the top very well and not many could...

timwest Wizard

Time At Mode Methodology on display here in $RVLT (Revolution Lighting Technology) on a quarterly time frame. The quarterly downtrend started from the high of the chart and progressed downwards in logical fashion until the downtrend expired two quarters ago. The uptrend is emerging now that the price sits above the 6-quarter price zone marked in bright blue at...

timwest Wizard Updated 

Using the Time At Mode (Time@Mode) technique, we can see how the $EURUSD has built a base of 12 weeks and has moved strongly up and away from that accumulation level (called the "mode" or most frequent price since the bottom was reached) by forming a range expansion rally. The yellow triangle shows the range expansion move. Look for a move up to the target as...

timwest Wizard Updated 

Liquidations of $USDJPY correlate nicely with major bottoms in $SPX500. I put this chart together to make a point to our Key Hidden Levels chat room this morning. I had never made this chart before but I knew it would look like this just from watching markets for 30+ years. I highlighted a handful of these situations from the last two years here for you to...

timwest Wizard

General education: Plotting fundamental data. POP gives you the population data for the United States. You can put the scale to log-scale so you view the same percentage changes in the data across the data series. What you can see here is a slightly different view. The pace of growth from 1975-1986 continued forward until today shows were are on that same...

timwest Wizard Updated 

The market is always worrying about various data series and the impact on the stock market. Today, this one was inspired by a Tweet by someone I follow on Twitter that I respect. The point of this chart is to show you the batting average of "What Happens When The Unemployment Claims Bottoms Out"? Technically, we don't know this is the bottom yet, but you can...

timwest Wizard Updated 

The YEARLY TREND of $XAUUSD or Gold is still in an uptrend from a massive, 17 year mode at the $395-$398 zone. The 26-year sideways period from 1979-2004 had 17 years at a $3 price level between $395.3 and $398.3, which is a remarkably long time for a market to stay at one price. Once a market gets moving out of a range like that it tends to go for 17 years in...