At least in the short term I think the market just signaled a bottom. America and the world order have fired all their bullets and the situation in ukraine can only get better. With the imposition of oil bans, there are no more steps western powers are prepared to take and prices of things can start stabilizing and uncertainty can take its cloud elsewhere. There may be some scalpers that will take their profits from the bounce but at least from a technical perspective, the market is breathing a sign of respite. If nukes start flying however...
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