Non-farm employment exceeded expectations, coupled with the escalation of the Middle East conflict, CPI normally rises, the probability of a September rate hike has greatly increased, and Bitcoin has reached a stage top divergence. There will be a big drop then, which will also be an excellent bottom-fishing opportunity at some point in these two months.
When U.S. stocks enter a stage of upward movement, focus on accumulation and buy on dips; short oil on rallies. The short-term surge is only due to conflict expectations. The most important thing is that very few people are transporting oil through the strait anymore; they are all using other channels.
When U.S. stocks enter a stage of upward movement, focus on accumulation and buy on dips; short oil on rallies. The short-term surge is only due to conflict expectations. The most important thing is that very few people are transporting oil through the strait anymore; they are all using other channels.