The end of turmOIL
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...
I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.