On the Will Crude Oil hit __ by EOM market, Crude Oil is trading at just around $90 mark as at today, a jump from the initial $79 range. The price move was mostly facilitated by Insurance risks from Lloyd on the strait of Hormuz and Qatar Energy declaring a Force Majeure on energy deliverables. Worth noting that the US Central Command recently declared they were in the process of sinking the Iranian Navy and gained major control over the Iranian Airspace, This is important because it clearly signals a weak spot within the IRGC to carry out actions like comprising the security on the Strait of Hormuz - a major zone for oil movement which is what the majority of price volatility has been pricing in. That being said, if you think/expect no further drastic news considering how weaker the IRGC are now - a NO on Oil reaching $120 seems to be a no brainer

Funny funny concept within PMs is when people copy trade accounts that don’t even plan to hold till resolution Often times, Markets at 30c go up to 55c and come back to 32c. The mistake people make is the taking that price action to always mean the “Truth” is close to happening Meanwhile, some accounts are just having fun with the short term PA