Looking at $SPY I'm waiting to see if we get a big bounce into the 0.5-0.618 fibs.
It would be similar to 2022 when it also went below 200ma, then bounced, and ultimately failed at exactly 0.618 fib.
I simply don’t understand the “both sides” stance on this issue. One side paraglided into a music festival to rape, murder, and kidnap innocent civilians. One side took Israeli infants as hostages and killed them. One side jeers at the hostages released from Palestinian captivity. One side is led by a group of barbarian, genocidal tyrants. The other side is a democracy with religious liberty that has defended itself against unprovoked terrorism. No side is perfect in any conflict. But this one doesn’t seem hard.