Support & Resistance levels , and moving averages are just meaningless lines on the chart.

Excluding triangles. Prove me wrong.

 

ET lol

 

Isn't that kind of like trying to prove you're not a wife beater?

 

%%
COULD do that;
but m averages are not for all. Some also use all the alphabet + not just ''wxy'' LOL

 

But if you are suggesting that triangles need a support (or resistance) line to form, then you have just imploded your own posit.

 

Resting order levels depend on news, earnings, FED decisions and gov't spending.
By the time a channel forms it's almost to late.

 

YES, ALL USELESS. KISS BABY!

oh wait, i got it all mixed up now....

 

I could do that, but why?
What's in it for me???

 

Wrong.

 

If you don't know how to use them, then yes, they are useless.