RE:RE:TA........I just have a this crazy intuition with numbers and have seen it play out over and over.. I will call out numbers of R and S well before a play hits and more often than not its on the money... I have traded pennies for well over 20yrs full time.. I look at charts but do not use charts persay.. if you look at price history you will see over and over the same numbers come up as R and S... after a while it just becomes engrained in you.. I used to give out a number system on chat sites and its rather funny because I remember years later people showing me a photo of this pasted to their screens because they saw the patterns. I believe the number system in my mind likely follows relatively close to FIB.. I wish it was this easy as just numbers but we know it isnt because there are always other factors at play.. but numbers make up charts and there is a phsycology to them that is used by MM's to bait and bake the market.. it is part of the profit picture.... wish i could say it more cleatrly but you get the drift. one key number i find is 45cts... when stocks fail that number more often than not the retracement below is painful and visa versa.. most stocks breaking out say for the first time when they get above this all important pivot of 45 often results in a run to 70-96 likely 90% of the time.. I started doing this back in the dotcom days and I landed on something that works for me is all i can say... Momentom and volume also obviously play a huge part and right now in this market we are lacking both.. That too will change when stocks get so beat up that traders can no longer ignore the opportunity at hand..