On Monday, Ukrainian and global equity markets showed strong growth; thus, a long-awaited rebound has taken place. Apple shares showed particularly noteworthy growth at +6%, despite the fact that media attention was focused on the dynamics of Facebook stock, which dipped below the IPO price.
The key question for today is whether we are witnessing the birth of a new growth momentum for risky assets in the medium term, or whether the rebound will end either today or tomorrow? We see the probability of both types of dynamics as being approximately equal. This means that, over the next trading sessions, it is not worth opening new short positions, except in the case that the UX Index reaches new lows from the recent new low.
