Many people want to know what the basis is for establishing a position at $CL ? The conflict between the US and Iran has not fully eased, yet why did it drop sharply. $BZ
Reason for the drop: The benefits of US-Iran sanctions have been realized; the previous rally has already been fully priced in; and profit-takers are concentrated in selling off.
So go short around 86, with a target of 84—the logic chain is very smooth. To live well in the market, you have to learn how to catch a favorable tailwind by following the downside catalysts. #油价维持跌势
Reason for the drop: The benefits of US-Iran sanctions have been realized; the previous rally has already been fully priced in; and profit-takers are concentrated in selling off.
So go short around 86, with a target of 84—the logic chain is very smooth. To live well in the market, you have to learn how to catch a favorable tailwind by following the downside catalysts. #油价维持跌势
