- •
Trump plans intervention to lower surging oil prices
“Trump is reviewing a set of options to lower oil prices as soon as today, amid their historic surge. His options include restricting US exports of oil, also intervening in oil futures markets and also waiving some federal taxes. He can also lift requirements under the Jones Act, which said domestic fuel must only move on US flagships.”
- •
Oil charts show a bearish topping tail pattern
“Right now, we are seeing a topping tail on this chart. Now we told you about the bottoming tail. Bottoming tail is a bullish signal. A topping tail is a bearish signal. And the way you would need this topping tail to work, this WIC cannot take less than 75% of the area.”
- •
Bitcoin targets eighty-one thousand dollar resistance level
“Keep an eye out on this trend line right here. Keep an eye out on this area as a point of resistance. You got the flag pole, you got this trend line, you got just the previous support, so now it's going to be resistance. And the dollar amount here is going to be around 81,300.”
- •
Strait of Hormuz conflict threatens global gas supply
“The Strait of Hormuz is a critical oil choke point. It's also a critical NatGas choke point. Around one-fifth of global liquefied natural gas trade transits the Strait of Hormuz in 2024. Now, the NatGas ticker that we're trading is UNG, and we're doing some $20 calls.”
- •
Wheat serves as a cheap geopolitical hedge trade
“Wheat can act very emotionally, just like silver, just like oil, maybe even more emotional, because if you just think of the implications, people don't want to talk about starvation or, you know, any kind of crisis event. And so, this one's going to have a lot of emotion behind this trade, and we don't want to trade with emotions.”