Hello everyone, Many of you have probably noticed it, there seem to be two major ways of drawing trendlines in the technical analyst community: 1) The "re-drawers": The re-drawers trace a new line joining their initial point to any new high/low that has just formed. As a result, they tend to have very crowded charts with many, many possible Support/Resistance points. The re-drawers are smart, very friendly people, famous for their love of dogs and children. 2) The "paralellics": The paralellics have a different view: they want to find the right trend line, the one that truly defines the current trend, and then draw parallel lines with the help of previous/later high and lows. There can be different sets of parralels for different trends of course, but charts are often cleaner. Paralellics are clever, caring people, renown for their good looks. So, which crowd is right when it comes to trendlines?