Beyond just the implications of the war, the technical setup on the Tel Aviv Stock Exchange looks very Bearish as if it's ready to collapse to new lows, as it has confirmed 3 Falling Peaks and will confirm a 3 Line Strike on the Monthly Timeframe in just 14 hours.
I expect that the exchange and all 15 of its Foreign and Domestic owners will be negatively affected...
The Russell 2000 has broken down from a Bear Flag that is visible on the monthly timeframe; at the same time, the RSI is breaking below trend and the MACD has flipped Bearish. If this goes like last time, it will result in a deep bearish retrace, perhaps all the way down to the $70s or even the $50s. One thing to keep in mind is that the Russell is heavily linked...
Berkshire Hathaway is currently trading at the HOP level of a Bearish Gartley and at this HOP level, upon close, will likely confirm a Bearish PPO Confirmation Arrow as the PPO Oscillator itself gets closer and closer to breaking below a well established trend line.
Along with that, we have some Bearish Divergence on the MACD and the price action we got at the...
Hilltop Holdings has formed a W-shape, which I thought would complete an 0.886 and become a Bearish Shark, but it has since given 2-3 PPO Confirmation Circles around the 0.786 retrace instead. In addition, it has confirmed a lot of RSI Bearish Divergence within this zone; for that reason, I see a strong possibility that this ends up being a Bearish Cypher instead...
