Waiting for an excuse. E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! DanGramza The stock market is moving lower because of the uncertainty of the Russia Ukraine situation. Currently it is waiting for an excuse to do something. If Russia invades Ukraine, which is expected to happen any day now, the expectation would be further movement to the downside as stock markets hate uncertainty. If Russia does not invade Ukraine and there is the diplomatic resolution upward price movement would be expected in the S&P 500 .