The ASX200 looks set to open back under 7200 this morning following a poor Friday night close on Wall Street, considering the ongoing geopolitical escalation between Russia and the rest of the world it’s hard to imagine any meaningful buying emerging before tonight’s holiday in the US for Washingtons Birthday i.e. valuations aren’t compelling enough to for people to risk being long through an invasion.
MM is mildly bullish the ASX200 above 7200
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