Has anyone developed sophisticated software that can create and analyse (using developed principles) charts and give you direct information on those charts. E.g. tell you if there is support and resistance or possibly tell you where you should buy in. I human can do this, however if a program could also do this - imagine how many charts a program could analyse? Its possible that a program (through the use of the internet) could analyse charts from all the major stock markets in the world and give you this sort of information within minutes.
Nothing is cement - but it could possibly be a great tool.