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Trump's harvesting rookies again
"I'm pleased to announce that over the past two days, the United States and Iran have conducted very successful and productive negotiations to completely resolve our hostilities in the Middle East region.
Based on the spirit and tone demonstrated through these in-depth, meticulous, and constructive negotiations, talks will continue throughout Monday. I have ordered the Department of Defense to postpone any military strikes against Iranian power facilities and energy infrastructure for five days, contingent on the progress of subsequent meetings and discussions."
Within just 1 hour, short position liquidations exceeded $263 million.
Brent crude crashed over 10% in two minutes
Negotiations? Hilarious! This is clearly market manipulation and buying time, while their foot soldiers are being sent to the slaughterhouse aboard a giant coffin (referring to that ship).
Then suddenly start fighting a couple days later and take out the long positions too?
Same old playbook...