Peace has broken out, and equities are raging. As I said yesterday, my dream scenario would be for this whole Ukraine thing to exit stage right, not just because it’s the decent thing to want, but also because its presence utterly muddies the trading waters. In any event, my favorite chart EFA is looking sharp.

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Here’s a longer-term chart. If ever there was a time this thing should poop out, it’s now.

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