📉Wall Street gives up early gains❗

16:42 23 February 2022

US warns Ukraine of full scale Russian invasion within 48 hours

US indices pulled back sharply after Washington warned Ukraine that a potential full scale Russian attack could occur within 48 hours (as per Newsweek citing a US official). Ukraine President Zelensky informed of a plan of attack with airstrikes, missiles, ground troops and cyber-attacks. Interfax informed that a cyber-attack took place in Ukraine with banks also hit by denial of service attacks.

US30 resumed downward move and is again testing major support at 33410 pts, which is marked with lower limit of the 1:1 structure and previous price reactions. If current sentiment prevails, the next target for sellers is located around 32475 pts and is marked with 127.2% external Fibonacci retracement of the upward wave launched in October 2021. Source: xStation5

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