[fattonytp]

Fat Tony, you've almost made up your own mind it seems. Daily is vital to you.
What about the hourly, 5 minute charts why stop at daily as its moving so fast?
One thing I got from reading the book, is that its not prescriptive and its open to interpretation yet Stan gives us a methodology that works for him and gives us more and more clues to help things in our favour. Lo an behold it works for me too.
the 30MA on a weekly is used to HELP identify the transition from stage 1, to 2, to 3 and then 4. Why not pull up a chart that you want analysis on, and you tell US whether you can identify that transition using daily, with a 30MA.
Then do the same analysis using a weekly. Is it easier? You can make that call after reading the book yourself
Personally I am now able to identify these transitions on any timeframe, but they become more erratic sometimes the lower you go. But thats dependent sometimes on an individual by individual case and it might mean using a different period MA
If you'd like help in identifying the stages, pull up your chart, and lets start analysing it rather than dismissing the whole methodology based your view of the contract market (which at the end of the day is not actually going to be that dissimilar from cash prices)

malaguti, thanks for sharing your view.

I agree the methodology would work regardless of the time frame.