TSM Still looking like H&S on the weekly chart to me. It seems China will be making a move soon. Taiwan is very lax on security and energy at the moment and is trying to make a late spring into action by trying to secure LNG imports and weapons from the US. The longer China lets Taiwan prepare, the higher likelihood there is of bloodshed, which Beijing would prefer to avoid. For these reasons, I believe China will make their first move soon - either by seizing sparsely populated outer islands or blocking ships. They are already in position so it would make no sense for Xi to retreat now when the odds are in his favor.
SPY 
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