Just looking at all those that panicked or their stops triggered, MMs wanted stock they got it and then they send it back up. The SP dislocation with MOEX is so big and we should be able to meet them in the middle.
We are probably going to meet in the middle somewhere - those that sell there may try buy here and vice versa - Arbitrage, which I haven't really seen to this level before.
Key is that troops are withdrawing from kyiv, Chernihiv and Sumy and moving west towards the eastern border. This is viewed as a positive as they move into further peace talks today.