a few weeks ago now, trump said that the iran sanctions are actually on. noone can buy oil from iran. it seem like noone cares. not heard talk about it since. cant remember the dates here, but we are like a week away from time up, where there is so excuse to buy iranian oil anymore.
do you guys really think that noone is buying the oil anymore? i dont. i does not seem like countries are preparing and buying from elsewhere. it seems like noone is taking the threat seriously anymore. in this world where everyone fold every time, why bother. everything has however not been stopped. only moved out. there is still brexit, even if nothing happens with it. there is still yellow west protest daily. there is still a trade war and iran sanctions.
there is absolutely nothing on the horizon, even though there are hundreds of things behind the mountain. this is where we fall. a place where everyone finally believes we will be going up still. in a real market this would have happened earlier. there would have been belief in the market. they needed to break all technical lines go get people to believe. we are still having a slowdown. still tradewars. still no way to go up. in real markets, (like crypto acually kinda was) this bounce here does not go for a top. the top was in the middle. like in gaming, where the top was red dead redemption. it was not apex ledgends. the last hurra fissles out before we reach here. but noone believe this in any way what so ever. everyone was selling. so they had to fake the entire thing.
you cant fight nature. we have been falling for over a year. movies are unwatchable and games are unplayable. companies earning are 25% down from top. and most companies are making fun of their costumers. there will be no boom for the next 2 years. there is no dow 40k. we have been falling for over a year. needed rates at 0 for that. thats what i wanted from the beginning. take the damage, get the crazy top. he did not do this. by lying and saying its the best economy every, he did not get the problems needed to actually get us hyper inflationary. i dont know what the event will be that suddenly turns us down. but oil lost 5 dollars now from its high, lost it from nothing. dont belive the dead cat bounce. its fake, its always fake.