Everything trending down, and indicators are not oversold yet.
I think it hits at least one of the orange lines tomorrow morning, the Euros aren't gonna want to hold anything over the weekend with the Olympics being over and what not. I said it last week, the Olympics is the only reason why Putin hasn't done anything yet, he doesn't want to piss off his buddy Xi.
I don't think Putin does a full invasion, but I wouldn't be surprised if he sends his troops into Russian controlled territory within the next month.
Regardless I see no compelling reason to go long tomorrow. If you;'e bullish wait until Monday.
@tt10001, the only logic is that the algos are cycling the market between oversold and overbought. You gotta cycle between being bullish and bearish if you want to make any money right now. Just look at the MFI on my chart....