The geopolitical conflict has become even more complicated. I initially thought that Iranian Supreme Leader Khamenei had already died, the US had destroyed the Iranian Navy Headquarters, and nine Iranian naval vessels had been sunk. By now, the war should be pretty much over. Trump also said he was ready to negotiate, but even now, the ceasefire hasn't ended, and the blockade of the Strait of Hormuz hasn't been lifted. Oil prices might rise tomorrow. The most troublesome part is the risk markets. If it ends over the weekend, the US stock market on Monday won't be affected much, and cryptocurrencies could recover a bit. But if it doesn't end now, the stock market's reaction probably won't be good either. Tomorrow morning, CME will see reactions from Asian traders, and in the evening, reactions from US and European investors. Thinking about it now gives me a headache. A rebound to around 2020-2045 could be a good point to short, with targets around 1850-1700.
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HedgeFund
· 16h ago
Go short at the current price directly, what are you waiting for?
The geopolitical conflict has become even more complicated. I initially thought that Iranian Supreme Leader Khamenei had already died, the US had destroyed the Iranian Navy Headquarters, and nine Iranian naval vessels had been sunk. By now, the war should be pretty much over. Trump also said he was ready to negotiate, but even now, the ceasefire hasn't ended, and the blockade of the Strait of Hormuz hasn't been lifted. Oil prices might rise tomorrow. The most troublesome part is the risk markets. If it ends over the weekend, the US stock market on Monday won't be affected much, and cryptocurrencies could recover a bit. But if it doesn't end now, the stock market's reaction probably won't be good either. Tomorrow morning, CME will see reactions from Asian traders, and in the evening, reactions from US and European investors. Thinking about it now gives me a headache. A rebound to around 2020-2045 could be a good point to short, with targets around 1850-1700.