S&P500 has felt pressure by the Ukraine-Russia conflict and are expected to continue until further diplomatic issue could be resolve, pushing higher on $Energy Select Sector SPDR Fund(XLE)$. I expect it will end without war, which S&P500 can continue its bull run with market PMI well above pre-pandemic levels .It would be ideal to pick up $S&P500 ETF(SPY)$around 4320. Upcoming federal reserve rate hike would not have much impact on stocks as the market has priced in on the recent drawdown. Commodity sector looks bullish such as $Global X Uranium ETF(URA)$for this upcoming year due to growing demand but not so much on the energy sector as prices inflate due to conflict and growing demand. US wants to lift sanctions on Iran crude oil to keep oil prices low in order to to flatten inflation.