ES Monthly - LONG TERM BULLISH Target_+8,887 ticks aboveE-mini S&P 500 FuturesCME_MINI:ES1!JoshuaMartinezThe ES Monthly time frame is in an uptrend. The market is making higher highs and higher lows. The market hit the old up Fibonacci extension however the market has not formed a fractal high (two candlesticks to the left and two candlesticks to the right lower than the center wick high). Long term we will expect the market to push bullish and hit the expected Fibonacci extension price point 9152.00 about +8,887 ticks above. However, because we do not have a fractal high, it will be completely normal for the market to have at least two months of non new all time market highs before pressing bullish again. The goal will be to turn to the smaller time frame of choice, look for long ideas in the buy zone towards the long term price target of 9152.00