I NEVER go down the conspiracy path but yea its really clear at this point...
$WTI literally down 15% in a week since FOMC, and now we are discussing Diesel bans + Less ships have transited the Strait of Hormuz this week compared to the previous week.
Yea Caution is Warranted
Waking up to Trump discussing a Diesel Ban.
Although $QQQ is near ATH, I'd still be cautious in regards to short term positions. This just highlights that NOTHING good is happening or any sort of deal in the Middle East.