Today, WTI hit its lowest point and rebounded after hitting the 100 day moving average of 86.7 The information that the US Iran agreement, which was rumored yesterday, has not been signed today, suggests that there is a high probability that it is still stuck in the hands of the top leaders of both sides In this situation, the significance of signing or not is not very significant in terms of actual military and political aspects, because such a treaty is destined to not last long, and no one will really abide by it. The transportation capacity of the Strait of Hormuz is unlikely to change due to the treaty, but it is more likely that Iran cannot risk the world's reputation to offend global countries for a long time and gradually relax, after all, he himself has to sell oil for money to maintain his regime However, this relaxation is extremely unstable and may be broken by unexpected events at any time, so a bearish drop in oil prices is actually a good thing. If it can fall below 80, it is a good opportunity to build long positions. The irreconcilable issue of enriched uranium and the unchangeable physical rift in the strait both determine that oil prices have a hard bottom when they go down and a fat tail when they go up. So this type of multi order that can be long, large, and heavy can be gradually laid out. The downward trend caused by the news of peace talks and the smooth passage of the Taiwan Strait is giving opportunities. Even if the United States really signs that humiliating clause, the geopolitical instability it can cause will create more panic opportunities, and there is no need to worry about not making money