A record week, finishing net short, looking for new 2022 lows after this bounce fades away.
While the military situation can create LIMIT DOWN or UP moves, and a LIMIT DOWN is possible later today, the
fact is SENTIMENT, with other technical & fundamental factors determine the overlying market direction.
PEACE TALKS can create LIMIT UP
Ukraine agreed to talks with Russia “without preconditions,” even as Vladimir Putin further raised tensions by putting nuclear forces on alert.Sunday, February 27, 2022 9:14 AM EST
Details of exactly when the meeting would take place or who would participate were not immediately clear.
OF course, in the long run we are all dead, and if there is any risky nuclear situation then all bets are off and the markets are insignificant in such an environment.