This morning, the market finally started to rebound. The main reason might be the pullback in oil prices after breaking $100. Although geopolitical tensions haven’t eased yet, the previous $70-90 range for oil prices shifting up by $10 to the $80-100 range still holds. After all, the Strait of Hormuz only accounts for 20% of global supply and hasn’t been completely disrupted. Whether prices go up or down, it all depends on what capital wants to do. If this is indeed the bottom range, with some big company earnings reports this week, a few quick moves up and down might help the market stabilize completely. After that, it’s all about the FOMC and midterm elections. Once all the uncertainties are behind us and the market has dropped enough, a rebound will naturally follow. @BITstocks_CN Buy U.S. stocks on BIT, 10,000+ U.S. stocks and ETFs, real holdings, and enjoy dividend payouts.