This week’s commentary raises the prospect of Ukraine rising to the top of Wall Street’s worry list at some point, assuming the Street is even capable of worrying about much of anything other than whatever worthless drivel emanates from the Fed.  As you can see in the chart, however, the worrying had not begun as of early Monday morning. Although DaBoyz pulled their bids on the opening bar Sunday night, sending this vehicle 10 points lower, short-covering has pushed it back up to unchanged. If you are inclined to get your bearish hopes up nonetheless, note that the low of Sunday night’s swoon was just a few ticks shy of exceeding a second ‘external’ low on the daily chart.  This could still happen before the day is over, and if it does it would increase the odds  that the selloff begun six days ago from 1887.50 is the start of a major decline.