We could get a serious leg down if we slip support tomorrow and the measures on this chart are confirmed to the downside. It is most likely we go down to key support and then form the start a technical rally. This is by no means assured however, and if it breaks down it could be quite a plunge down and a test of bully's nerves.
“Thus, it should be understood that when pro-US figures use the term, 'rules-based international order,' they are not referring to anything analogous to the rule of law. Quite the opposite, they are using Orwellian language to describe a system in which essentially no rules can be established and/or observed, given that the dominant state has the prerogative to violate and/or rewrite “rules” at its whim.” Aaron Good, American Exception