If starting trade wars on Twitter was bullish, starting real wars must be even more bullish:
As we see on the chart below, the battle for the 200 day has so far lasted 2.5 weeks. The battle for the 50 day (blue) lasted four weeks. The three-wave overlapping form is clear for both counter-trend rallies. Much ado about nothing. The current rally clearly far weaker. From a social mood perspective, everyone knows that trade wars are a buying opportunity. When that level got bought but ended lower it was on to buying WWIII. This would be the first hot war between the two nuclear powers in history.