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M Lebon @LongTplexTrader
, 9 tweets, 3 min read Read on Twitter
OK #ES_F people its story time. This is my goto time frame for this security-when I see specific colors print I immediately pay attention. back in July those Pinks printed and I commented on here look out its going much higher (its on this stream somewhere)
What has ALL my interest on this one now is this Yellow Bar. historically when this Prints very significant move & trends tend to follow. What is bothering me the SP has gone through a bear cycle and gone SIDEWAYS
This has extreme bullish implications, why? Next cycle is Sept 27 (ish) and that cycle is NOT bearish. I have a few in October but a very significant one early November (I know a few cycle guys have the same Nov as me)
This is right around the US Mid Term Elections. implications here are extremely significant for this cycle becasue of the weight & the timing. Not just stocks but bonds and FX ALL turn in around the same period
This sets up for a bull or bears dream because from what I know of these cycles and what the computer generated indicator is printing there is a monster move coming. this move will last long and move more than anyone expects. ALWAYS
The other confirmation that I am paying very close attention to is the #ES_F WEEKLY - Yesterday I posted a chart (I will repost here) and it is printing GREEN BAR- they look for tops/side/pause but mainly tops. BUT this indicator also acts as an accelerator
because it is a 2 way indicator- IF a top signal fails look out becasue its like a failed pink in reverse and as you can see via the chart when greens fail to stop the market you are talking of 100's of points moves...HUNDREDS
the flip side goes if it does mark a TOP on the WEEKLY look out Below
The 2 keys are going to be the cycles coming AND what the computer prints....and so far....at this moment it is fully in the BULLS camp.

And I HATE it
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