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When Iran realized that Trump could manipulate the market with mere words, it may have joined the fray. This is because most people overlook the fact that not everyone's words attract attention. Cuba, relentlessly attacked by the US in a largely unnoticed corner, went largely unnoticed because it lacked any online buzz or attention. Conversely, for Iran, attention represents opportunity, much like how ordinary people strive to gain online traffic ultimately to monetize it. While this analogy may be somewhat radical and not entirely accurate, it seems Iran has indeed spoken out at crucial junctures. Once both sides enter this information war, it will be even harder for US stocks and crude oil to break through resistance levels. They are in the open, while investors are in the shadows, and there may even be different interest groups within Iran itself. This is why I placed put orders at the right price level and then reversed them to buy on the rebound.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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