The Trump family is doing band work Now it's the stage of short selling crude oil Because Trump is going to initiate friendly negotiations with Iran and may ultimately reach an agreement So, this is a positive situation and a negative one for crude oil It's a joke In fact, since the last ceasefire memorandum between Iran and the United States until now Trump actually hasn't made a statement Due to local friction between Israel and Lebanon, as well as minor friction between Iranian drones and some US military bases Resulting in a recent rebound of crude oil from its low point This rebound also happened to hit the crude oil gap of CME (around $96) But yesterday, Trump stated in an interview that negotiations with Iran have not ended and may even reach an agreement This is a signal released in advance Next, negotiations will basically begin around the ceasefire agreement We need to select high positions in advance to layout the band space here Technically speaking, there is a fluctuation within the range of 120-80 running continuously for 4 hours Going in a downward trend within the range If there is no certainty in reaching a ceasefire agreement in the short term due to this decline We need to pay attention to the order support around 91 (pay attention to different platform prices) If a definitive ceasefire agreement is reached, the price will fall below last week's low point You can see prices in the range of 80-85 OIL WTI