Global indices rebounded slightly following news from the second round of negotiations between Ukraine and Russia delegates. The Ukrainian negotiator said "We did not receive the result we had counted on", however confirmed that both sides have agreed to hold a third round of talks as soon as possible. Both parties reached an agreement on a joint provision of humanitarian corridors for evacuating civilians which involves a possible temporary cease-fire during evacuations. Markets reacted positively to these news, however, apart from securing support to civilians, there has been no progress in ending hostilities. Let's hope that the third round will bring more decisive decisions.
US100 bounced off the upward trendline which coincides with 23.6% Fibonacci retracement of the last upward wave and is currently heading towards major resistance at 14300 pts. Source: xStation5
📈US100 bounces back above the 100-day EMA
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