RSI touching oversold, MFI probably gets there before market opens.
If you trade this week, you're betting on or against Putin's sanity, lol. Is he really crazy enough to start a war? He might be, he knows Biden isn't gonna do jack shit besides sanctions.
I don't think indicators are gonna matter much this week, normally this would be a BTFD opportunity, but really risky this week. I think Putin waits until the Olympics are over for his buddy Xi, and all hell breaks loose next week. Best investment? Ammo, lol.
Putin isn't stupid at all. He knows how to win a war with strategy than by seizing - he knows the Art of War better than Biden :). He has asked for an arm and a leg (NATO back to 1990 border) but he would be very happy with just a few nails that he actually want (Ukraine doesn't join NATO and Putin gets to keep Crimea). On NQ: the monthly is utterly bearish and I still think it will not be Putin but the Fed that will nail it down
Icemangold
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@SolomonLalani, Thank you. At least I am not alone in understanding the current situation.
hungry_hippo
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@SolomonLalani, The US isn't going to compromise on NATO membership. Putin will do something because he doesn't want to go down in history as a bluffer, he know has too much vested in it. I think he's just waiting for the Olympics to end for his buddy Xi.