After 20 years of reviewing every stock in the S & P every night, my work is based on the premises of full time frame contiuity and the belief that vehicles trade in a continuing series of broadening formations.
7 years learning the game of speculation has come down to this
"BUY SUPPORT and SELL RESISTANCE when the markets are in a state of DEMAND or SELL RESISTANCE and BUY SUPPORT when the markets are in a state of SUPPLY"
I use the Darvas Box system from the book "How I made $2 Million in the market" by Nicolas Darvas with a few modifications for modern times. Great system with defined risks, verified track record. Rule #1: don't lose money. God bless America