...this can sound like a temporary reprieve good news but at the same time likely to
(a) draw more market participants buying into the market just 2 weeks before the exchange of fire
(b) lead market participants to forget about the conflict as news wanes, it does not mean that the risks are over, just delayed.
...Israel's strategy of leaving the Iranians with 2 weeks of pent-up fear and suspense. It could just be buying time to get the USS carriers to position themselves near Iran for possible reprisals.
ISRAEL NOT LIKELY TO CARRY OUT STRIKE UNTIL AFTER PASSOVER: US OFFICIAL
Israel is unlikely to carry out a strike on Iran until after Passover, a senior U.S. official told ABC News, although that could always change. Passover begins on Monday and ends after nightfall on April 30.
The Iranian Islamic Revolutionary Guard Corps and other leadership are still on a high state of alert, with some in safe houses and underground facilities, the official said.
