My understanding is the asx started peaking about Beijing also going into lock down and oil dropped a bit on that as well.
I think Russia just shutting off gas to Poland and Bulgaria will have a larger effect on the supply demand curb than this. At some point China will have to realise they cannot shut down. I think shut downs may work on the western world but we have mostly high incomes and service industry is a lot larger piece of the pie for a manufacturing and supply chain led economy it's suicide.
May Train has just pulled into Risk verse Reward Station, page-488
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| MAY (ASX) Chart |