Don't say, my sixth sense is quite accurate, I cleared all my short positions on WTI at 90 dollars early this morning, just felt that things are unstable over in Iran, and as expected, the negotiations between the U.S. and Iran have once again stalled, the U.S. continues to blockade Iranian ports, while Iran is still blocking the Strait of Hormuz.

In the afternoon, I said I would increase my position every time WTI rises by 0.5 dollars, and I have now increased to 94 dollars, if I can get to 95 dollars, I will pause for a moment, because when it hits 95 dollars, it might return to 100 dollars, and then I will add again after it reaches 100 dollars.

I personally feel that 95 dollars is a watershed for this time, after all, although Trump says there is plenty of time to take it slow, he is more anxious than anyone else, the June interest rate meeting has a bit of a dot plot, and if Kashkari boldly says that there should be a rate cut now, he would be attacked by Americans and stamped with Trump's brand by the media.

What Trump is doing now is comparing endurance with Iran, but with insufficient time, he can only continue to tighten the screws on Iran, so I personally believe that WTI cannot remain above 100 dollars for the long term, even staying above 90 dollars is enough to cause inflation in the U.S. to erupt again, and there is still a midterm election this year.

Time is running out for Trump.

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