That was a pretty level look. Almost everyone is looking at that classic formation, a bit too controlled and defined IMO. Set up both ways for a fake out either if it bounces or support fails.
Putin has probably shorted his own market, and definitely has imported billions of foreign money (including petro dollars) and other assets readying for this event. He has already succeeded in this type of a take over before and he's upped this game quite a bit, not going to give any olive leaf (not any real one anyway), fully believing in his success this time. I'm sure he's playing it all from all sides and taking advantage of anything he can take advantage of.
Then there will be forces against all that. I'm not talking military, although it might end up that way, but the dueling sides that's taking advantage of anything that can be taken advantage on our side.
Of course there will be plenty of lives lost and destroyed over in Ukraine with military and lives will be effected over here with the financial robbery portrayed on the charts.
The games that have been played in the past has created a situation that the games to be played in the future and presently will be intensified by very nature.
The power struggles are just who takes control of what others have control of and who has it to take from. That's us, and all the people that fall under the power mongers hold and that nicely defined bounce or break on the chart is signaling ways to do that no matter which way it goes.
Don't see all of this ending well or even ending at all, at least for sometime. The struggle might just create a sidewards channel for a bit, who knows. Hard game to play for us pawns, but good luck to all.
“The markets can remain irrational longer than you can remain solvent.”
John Maynard Keynes
