ES

ES is effectively followed by 120d dominant cycle in a couple with annual cycle thin blu line. All them recommend to stay bullish till Dec.

Looking at daily chart through fixed cycles (fast annual cycle and Mercury Phase 115d cycle) and similarity vs CL lines we come to the conclusion about ES further bullish development till the middle of Nov.

But temporal cycles contradicts to this bullish scenario. There are two important temporal cycles revieled and quite effectively working for the last few months: 71d and 56d. Thus, composite line is a combination of these cycles adjusted by FSM and Ov ammount parameters.

BTW it corresponds to possible VIX increase for the same period of ES decline for this week prior the further growth.