Post

Let's talk about recent positions and operations #WTI #SPCX $CL $SPCX Following the logical path: oil prices --- inflation --- interest rate expectations -- impact on risk markets Here we go First, the US-Iran geopolitical situation affects oil prices. Although it has approached $84, the news "US and Iran are close to reaching some kind of arrangement" indicates that conditions are still being exchanged. As long as there is no further escalation, oil prices won't be stimulated to rise. But the market's patience is limited; let's see if a concrete arrangement can be made in the next few days. Personally, I don't think it will continue to rise or get very high. So I still hold short positions on oil prices. The user trading is aggressive, causing the fees to be not very favorable, which is quite painful. If this wave continues to fall, around 75 is the time to consider fully closing the position. Then there's tonight's CPI data. The current expected value is still good. If inflation continues to weaken, it will definitely dispel expectations of further rate hikes and may increase expectations for rate cuts in Q4. This is favorable for US stocks and Bitcoin. So I am still holding #SPCX, waiting for tonight to see if I can take advantage of good CPI data and whether there is a chance to break through 140, then I will prepare to exit completely. The market is waiting for tonight to choose a direction. As of writing, the September rate hike expectation is about 50%. Of course, if CPI unexpectedly spikes or the geopolitical situation escalates again, causing oil prices to rebound, then that would be a different story. Hopefully, it will move in a positive expected direction. DYOR