Don't get me wrong. There are definitely cycles and waves in the market. However, they're usually only known in hindsight. Also it's very subjective when it comes to determining where a given wave begins and where it ends. That's not to say that support and resistance don't have their own shortcomings and fuzzy logic either. Sometimes they work and sometimes they don't work at all and you're always searching for a reason to rationalize why it failed or why it should have worked. So here's what I propose regardless of which camp you belong to. Vote on which you see as more important of the two (or rather profitable). Post a chart with an annotation (IMPORTANT: Don't forget to mark where the next potential reversal will be!!!). It doesn't have to be too elaborate and you don't need to divulge your secret. A general sketch with a few lines of explanation will suffice.
Was I talking about moving averages? Where did that come from? I ask that you stay on topic or keep your trap shut.