Your explanations are not having enough weightage to change my perception on technical analysis because I am already viewing the market in more or less same way you have explained, lol . I mean your theory might be a surprise for the people who never experienced all the pain of markets but definitely not the people who are into trading for years . I just regret that I'm not getting this kind of explanation some 10 years back itself so that I would have approached trading definitely in more effective way than I started doing that after lots of struggle.