Here's where the silver market is now: After 5 quarterly bars without a new high, a downtrend is set up from the high at $49 and the movement down out of the 27-35 range reached its natural target at $18. Also, the downside price projection happened in the first bar, so the fact that the market is just marking time and going sideways is alerting me to a strong market with buyers accumulating steadily at the low end of the range. The downside projection is the high of $49.8 to the mode at $29.6 (the low of the quarter labeled 2012-10-01), converted to percentage is 40%. 40% down from $29.6 is $11.8 down or $17.8. The low was actually $18.2, which is very close and good enough for technical analysis. $22.18 is the high for the current quarter. If Silver can break above $22.18 in April in the start of the next bar, then the 7-bar downtrend will not be in a strong position and the market can attempt to move back toward the mode starting at $29.6. Therefore, this is the trade recommendation. $22.20 buy stop, $29.40 target, using stop loss $18.90 once long. Note the downtrend from the high in 1980, it follows the same trending logic and rules. The market distributed for 16 bars (each bar is 3 months) and once the market disconnected from the largest concentration of price action of 16 bars, then it proceeds down for the amount of time at the concentration (mode). I'd like to thank he user "carrytrade" for posting the chart of silver in quarterly format so that I could be inspired to do this analysis for you all in my proprietary methodology that I am showing you all here at TradingView. Many happy returns. Tim 10:36AM EST 3/11/2014

The last chart on Tesla nailed the top zone. The question now is: What do you do next? Today is day one of a decline off of the high that has 6-days at one price (at the 250+ level). If TSLA holds here until the close, it sets up 5 more days of decline. However the drop in price is already in line with the high at 263 and the mode around 250, which implied a drop back to 237 where it fell to today. So, this is just an update. It is not pointing out a low-risk, high-probability trade. I am merely updating you on the setup of the time that expired for TSLA at the high from the 12-day rally, the 5-day rally and the 3-day rally all expiring one day after each other. TSLA can lauch on a new upward projectile once it climbs back above the mode since the high. You can approximate that by using a moving average of the number of days since it peaked which right now was 8 days ago. So, use an 8 day moving average now to find key resistance. Tomorrow, change your moving average to 9 and so on. Just count back to the number of days since the high. If you are short TSLA, this is a good place to cover. Hence my "neutral" stance awaiting a rally to 250 to sell short with a stop and reverse at 255. Cheers. Tim 12:55PM EST, 3/10/2014

Upside to 29 longer term. Risk to 19.7 from 22.97 last. If we get dips to the breakout level to buy, then that would be ideal but I'm not expecting it. This stock is heavily favored to be the big winner for "wearables" because they make motion sensors on a chip for tracking movement and positioning and are extremely low energy consumption for long lasting use. I produced this chart yesterday when it was sitting at 20.90 and didn't have a lot of volume at the time. I thought it best to wait for it to get going in order to publish it. I had already published a chart on INVN about two-weeks before when it was breaking out around the $22 level. See "related ideas" down below. Cheers. Tim 9:54AM EST 3/5/2014

Risk 3% on the pair. Target 10% return. If the spread closes then the maximum gain is 21%. The next step is to plot the ratio graph of these two (NEM/GDX) and make sure that is turning up. I like the way NEM is acting here relative to the group and to the stock market. Go long NEM and go short GDX. The profit is in the performance difference between the two. You only make money if NEM moves up more than GDX. The key is to put equal dollars into this trade. Cheers. Tim 11:32AM EST, Tuesday, March 4, 2014

I will outline why COF is a buy here, but a short at lower prices. Here is another example of how to use 'Time at a Price" to determine trend. Starting from the low last year in March there are some excellent examples of how time builds at a price and then projects "up" once there is a range that is above the mode or frequent price of the consolidation. In the first trend there are 20-days near the 55 level and once the market "disconnects" from the 55 level it continues on for 20 days up into the $62 level. Along the way, a 9-day mode is made and once that mode is surpassed, the market continues another 9-days up into the $63 level. Once $62 is reached, it takes 22 days at one price to set-up the next advance that starts in early July. That rally continues almost exactly 22-days up near $70 a share. It takes 36 days to set up another range. And just 1-day shy of the 36-days is when COF reported earnings and gapped down from near 77 down to near the 72 level. Note that the rally equaled the price range that the market was in while it was forming its mode at the 69 level (73-64 or 9 pts). Adding 9 pts range to the mode at 69 gives a nice target of 78 which it hits just before time expires. There is a 16-day mode at 72, which is above the 36-day mode at 69, and this sets up a target at 78 and time expired right at the high of the rally at the highest close. Note that the correction started and pulled back to the major "time support" at the mode of 36-day at $69/sh. The current bounce off of the 69 level has an uptrend with an 11-day mode at 71. That rally is only in its 2nd day here on Monday, March 3. Once 71 is broken, then the downtrend will be in force I will outline the decline that is then forecast in duration and in price. For now, you can buy dips to 71 and target an exit at the 11-day marker labeled on the chart. Stop loss is 1 average range on this methodology. (I would suggest $1.50 stop from entry, suggest entry under $72). Target 74-75. NOTE that I also labeled CCI levels of +166 that COF had reached on Friday, just for reference. Half the time it (the reading of +166, or 1.66 standard deviations above the 21-day moving average) is a top and half the time it is a continuation sign. What is different this time is that the current mode at 71 is BELOW the previous mode at 72, so there is some deterioration in the accumulation. HOWEVER: IF COF TOUCHES 70, SELL SHORT, target (78-71 measurement = 7 points) 64. Measure 7 points down from 71-mode. Stop loss on the short is 2.5 pts or 72.5. Tim 2:19PM EST Monday, March 3, 2014

Priceline PCLN hysterical valuation No offense here to Priceline, but 10 times sales is "insanity". Insanity because historically speaking, your odds of making money are rather slim. Maybe you have a 10% chance of making money, big money. But you have a 90% chance, in my opinion, I'd have to update my record books to get an exact analysis, of having a zero return or slightly negative return for the next 10 years. Granted, PCLN has rising margins and steadily growing sales and that is impressive. So, yes, over time PCLN could grow into its valuation and that is what the market is telling us to expect. This is a challenge to all of us to research the future returns (subsequent 10-year holding period) once a company has at least a billion in revenues and hits 10 times sales in valuation. In other words, if the company is worth more than 10 billion and has 1 billion in sales. I don't know what or when people will realize the insanity of this valuation level, but I hope none of us get hurt by it. It's time to look elsewhere for returns if you own PCLN. I'd strongly suggest selling, hedging, or selling long term call options at-the-money to reap as much in the door now. Try January 2016 expiration for 1350 strike or 1300 strike call options and generate at least 20% cash in your pocket now to hedge against downdrafts. Look for technicals to roll over to sell short for those nimble traders. This stock should provide some excellent trading opportunities this year. Tim 11:45AM 2/28/2014 1356.50 last

The "Time at a Price" analysis on Tesla is suggesting that it is out of time to rally and logical longs would exit. Time is needed to build a new platform of price before any further upside is likely. Whether or not you want to sell short here, that is understandable if you don't, it is good to know that there is a way to measure how much time a market can rally and when it is running out of time. This is the way I have found to measure time. Either way, take notice of the downtrend into the low in November had an excellent "exhausting" of various time trends that all coincided. Why does it work? I don't know. It is a pattern I found by hand plotting charts for decades. My guess: the sellers ran out of stock to sell or willingness to sell more, and when that happened Tesla rebounded and came back to life. Of course there was a lot of news around that time with the car fires and such, but it is interesting to see a technical pattern work so well, even "after the fact" as you read about it here. Now it looks like we have the opposite situation. All of the time-counts are exhausted and the volume has burst wide-open and all the talk is about Tesla. Short term I think this is a minor negative because the stock is probably too high and likely to settle down a bit, but longer term it must be making some waves in the world auto market. Here's an electric car rant: As a consumer of diesel for my car which gets me a mile on just over 10 cents here in the US, the thought of going a mile on substantially less is awe inspiring. When most people spend roughly $3.50 to go 17 miles, that is a monster 20 cents per mile driven. The average person needs to see a reliable, safe car that is great looking AND saves money for at least a year before it starts driving them crazy to own one. I think that craze is still building up for Tesla. And who is doing a website to show the total cost to drive a mile after a year? Remember, no oil changes for the Tesla, so right there that saves 6 trips to change the oil after every 3000 miles in a typical year. That also saves you the time of going to get your oil changed (let's call that an hour) and say that our time is worth something too. If we save 50 trips to the gasoline station at 10 minutes each, that also saves us 500 minutes a year or over 8 hours of time. If your time is worth $100 an hour, then that's a savings of $800. Ok, that's a little far-fetched. But convenience is worth something. I don't own a Tesla, but I'd sure like to. If everyone on my list of followers just sends me $1 each month, I could afford to lease a Tesla courtesy of the wonderful Tradingview website - for without Tradingview you would not be reading this. Cheers. Tim 9:49PM EST 2/27/2014

Technical Signal Only: No fundamental catalyst other than extremely high valuation of $185 billion for a company doing $7.8 billion in revenues with $1.5 billion on the bottom line. The lack of upside movement after the $19 billion WhatsApp acquisition is potentially another sign that this is ripe for a correction. I placed all of the downside movements on the chart of the previous times FB had the current signal, which is a 21-day Commodity Channel Indexcross-under the 100 reading. (Said another way: A 1-standard deviation movement away from the 21-day moving average, then a drop back under that 1 standard-deviation level). From my Tim's "TIME AT A PRICE" methodology, the rally time for FB is also complete, so there is a chance that there are very few buyers left supporting the stock here as the time of the rally equals the time of the accumulation. I think a move to $65 would be ideal for this setup, but that is just a guess. The best thing to do is to watch it closely and move your stop down as it falls. Tim 7:47PM EST 2/27/14

There are some suspect days in WFC stock where volumes were high on down days, but show up as green bars because the close was above the open. The breakout pattern from early this year appears to be a fake-out, break-out pattern and it was used to liquidate huge positions of stock by big position holders. Fundamentals will likely follow, but the technicals indicate a low-risk, high-reward trade setup scenario. See chart for details. Tim 9:33AM 2/27/14 45.94 last on a down gap open