I agree looking forward things get muddy looking at monthly arrays and trying to extrapolate forward,
Well that good it's not just me then
its very frustrating and adding to that would be Martins blogs during selloffs. He tends to get worked up talking about major support areas so far from price. The Dec low comes to mind, the only number I shouldve cared about was 21,600.
Yeah, I've gotten confused a number of times on the blog because he seems to talk about different time units within the same conversation. But having access to the data myself to parse through has made a world of difference. The two most obvious things that Socrates was pointing to in the DOW were a pause in trend in February which the weekly and daily arrays pinpointed to 2/25 and picked the high to the day, and then this week. It did a really good job with WMT, too. It was bobbing between $97 and $100 for two months and then early April a weekly bullish hit and it took off. As I said, though, I haven't really built up enough confidence in interpreting the data for signals or come up with a great trading strategy yet (especially an exit strategy) so it hasn't benefited me as much as I would have liked. Position trading on the daily reversals doesn't seem to be a great option when they are often close together but your strategy of using them for entry/exit points for longer term trades makes a lot of sense.