Stocks are attempting to recover some of their losses from the U.S.-Iran war, but some chart analysts believe there is more downside ahead. This follows a report that President Donald Trump is open to ending U.K. involvement in the conflict, even if the Strait of Hormuz isn't reopened. Wolfe Research predicts that markets will continue to be biased towards the downside unless the conflict ends and the Strait reopens or there is a major sell-off event. The Cboe Volatility Index (V.