The Strait of Hormuz is almost completely blocked right now. Traffic is down to almost nothing. The media keeps recycling the same “ceasefire” and “peace agreement” phrases over and over, but we’re not actually seeing any real deal with Iran. Markets are being set up for disappointment.

The route is basically dead and the media is still recycling the same old peaceful narrative. Why is everyone acting like this is normal? Omg. This is absolutely insane. Why is everyone acting like this is normal? pic.twitter.com/gO0lUmC7CO — NoLimit …

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LOTS OF DISAPPOINTMENT COMING UP

Bulls are awfully happy today…apparently not having a very cool understanding of one of the most bearish structures in markets: the bearish running correction LOTS OF DISAPPOINTMENT COMING UP $SPX $SPY $ES_F pic.twitter.com/dFmPNp7wEy — @mcm_ct_usa (@mcm_ct_usa) August 7, 2023 The …

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