Jim Cramer says 3 things are preventing the market from having a sustained rally

CNBC's Jim Cramer connected Monday said that Monday's rally won't past due to the fact that nary of the headwinds to the system person abated.

Stocks rebounded connected Monday aft an disfigured extremity to the period and 4th connected Friday, notching the champion time since June for the Dow Jones Industrial Average and the S&P 500′s champion time since July.

Cramer pointed retired that the marketplace has seen some sporadic one-day rallies recently, but they've ever been felled by 3 things. Wednesday's rally volition apt look a akin fate, helium added.

Here are 3 things preventing the marketplace from having a sustained rally, according to Cramer

1. Russia's penetration of Ukraine is ongoing. Cramer pointed retired that the 2 countries are inactive astatine war, and that it's looking apt that the vigor situation it's fueling could person superior consequences during the wintertime months.
2. China's inactive nether Covid lockdown. While tech stocks rallied connected Monday, galore of them are babelike connected China, which is inactive beholden to Covid lockdowns with nary extremity successful sight.
3. Inflation driven by work-from-home is inactive up. Wage, nutrient and lodging prices are inactive excessively high, Cramer said, adding that helium doesn't person precocious expectations for the merchandise of the nonfarm labour study Friday.

He besides said that the marketplace is inactive incredibly oversold.

"The astir awesome happening astir today's rally is that it happened astatine all. My feeling is that today's bounce is each astir sentiment getting excessively negative," helium said.