I called it first-ish and actually shifted my portfolio near the top. I have since changed my mind. I think it's going to be a channel for a long time without a catalyst like a real war with real deaths on both sides. The USG has shown that they will prop things up just enough to not be catastrophic. Cunts.
Update:It has broken my initial sell level and my positions are at a loss. I have reduced my exposure/position size, but I am still net short. ES, YM, and NQ are still at resistance levels although on the weekly time frame, the bulls have clearly won and closed above resistance. RTY/Russell on the other hand have broken resistance clearly, and this made me rethink about my bearish thesis on the market. I knew when we were hitting December lows...Europe, China, and Japan all looked very bullish. Yet since I trade mainly American markets, I thought early Feburary levels looked like an amazing short level. My cockiness has clearly been shot XDDD. So to summarize my current thoughts on the market.... I am still actually short due to believing market will make a LH....but the recent move in Russell made me sincerely BELIEVE that there is a possibility that we could go all the way to 255 on IWM in the future before markets plunge like 1987. Bearish: YM, NQ, ES short term Bullish: Europe, China, Japan, IWM in the longer term view.