What If There Is A Ceasefire?

Decision time 

We are as puzzled as you are that markets are not 10% lower. It really feels weird to talk about a bottom and a squeeze higher when we are just a few percentage points from all-time highs. But Miss Market does not care about our feelings. The fact is that many (but not all) of our sentiment and positioning indicators point to some sort of bottom last week.

A ceasefire is, of course, highly unlikely in the short term (Polymarket current odds below). This report will look at what the bulls will say and focus on if there is a positive development in the Iran situation and the market again decides to look at everything in a positive light. Here are the 10 things the squeeze buyers will say.