E-Mini S&P frequency (rev.2)

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We could have a bull market till May2015. The next days are important to know the direction.
Once again you're kicking ass & taking names. I always look forward to your ideas. You fill my inbox! Awesome.
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LEONES PRO kilo1romeo
thanks kilo! Are you long SP?
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yw Leones. No. Contract rollover in the spoos will distort the trading. I developed some other indicators which are not showing kindness to the longs. You are on to something about May 2015. However, in the mind of a professional trader and managing director, I would be short and reducing risk now. Hence the churn up here.
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Here's something to chew on. Red below green is bearish. Also other long term resistance above. See my twitter post from November 25 calling SPY 213. Probably too many postings to go thru.
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LEONES PRO kilo1romeo
What is the blu channel you call confluence zone?
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The blue banding represents non-linear channels. It market the bottom as it intersected with another from a 30+ year cycle. The blue one is of shorter cyclical duration. Some you can't see are representing the containment of prices on the DJ30. With prices from approx. 1905, I can run these. PM me if you have questions.
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Possibly the worst thing that can happen is for price appreciation to continue above the recent highs. For this to happen, the Street would have to slowly nudge the SP500 up against the SPY 213 -220 area in order to "pop" the market. If it held, the red and green bands would flip signifying a new bull trend that could last into the autumn or year end. The best would be for the market to come down orderly and the move back up with the green below red. For example, CL WTI Crude flipped the bands from bullish blue above orange to bearish blue below orange in 2012. The unwind took that long. I can show you if you wish. Always good chatting with you across time zones!
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You ar so nice. Yes? Good future prices?
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