[Russell 2000] update

In the backlink I modeled a 5th wave having formed.  That model is still unfolding and it is telling me that we are getting close to seeing the herd begin to move south in an organized way.  Right now, the herd knows it is time to change direction because the chart (and pretty much nothing else) is saying exactly that.  Oh sure, we just saw the sudden Franc revaluation due to SNB dropping the peg but the herd barely blinked at this.  And the war in Ukraine is heating up with 200k new combatants being forced into the battle by the government of Ukraine. 

Quick side note: You have to be a moron to fight for the Ukrainian government.  They will run your ass into the withering machine gun fire without a second thought.  You don't matter, people of Ukraine.  The desperate government only cares about staying in power and the rest of you suckers can go into the meat grinder for all they care.  First hand accounts tell of lies told to Ukrainian fighters: "Another (minor) Ukrainian counterattack against the airport grounds failed today. There is footage available of some of the dead and prisoners. Two of the prisoners claimed on camera that they were told that the new terminal building was in Ukrainian hands, and that they were initially just sent to pick up wounded. Then after they set out, they were told of their real mission.".  Conscripted people of Ukraine, you will fare better by using any weapons that you are issued to fight those who are conscripting you into meat grinder service.   Don't be pushed into fighting a war that has nothing to do with you.  Ukrainian people will fare about the same under Russian rule as they will under the rule of your current corrupt government.  It's not worth getting shot for.

Many such crazy things are happening in the news yet the herd is still milling about, apparently confused as to what to do next.  This has got to begin to break down pretty soon by my model.  UVXY will be the place to profit from it and I suspect that USO will get a boost from the "flight to safety" once the major indices begin to break down.