"You have to appreciate or acknowledge that the current...

"You have to appreciate or acknowledge that the current geopolitical situation has something to do with the price action here"

Not according to some wise sentinel owls that patrol these threads with exceeding zeal. Geopolitics has nothing to do with price action and therefore charts apparently - a bit odd to say the least. Macro anything that resides outside the fundamentals of the stock is incidental and to be sweep aside, that is of course until it blindsides you and your blinkered perspective.

The charts have been saying for weeks (specifically the weekly), that this is at risk. Why? Because of market sentiment, that started with the NDX peeling off months ago, and has been slowly taking the rest of the market with it. Well before Russia appeared in the news. Its been there well before main stream picked it up... in the price and simmering away in the background as part of total price action.

Good chance of a capitulation down on the SPX ~4130, before a run back up with unexpected news from Russia or the FED.