Breaking: Iran's New Protocol Could Crash the Market
In a Nutshell
Iran's protocol with Oman to potentially reopen the Strait of Hormuz sparked a sharp market recovery from a $830B NASDAQ loss, turning markets break-even before curling red, with traders like the LPP team opening intraday shorts on overbought conditions. Avoid shorting for beginners due to high risk, especially over the 3-day Good Friday weekend; focus on position size, no leverage, and simple 3:1 risk-reward plays amid volatility from Trump tweets and Middle East news. Join LPP live sessions for real-time trades and discipline lessons.
These notes were generated by AI and may contain inaccuracies.
Are you shorting the market after the recent pump or buying the dip? NASDAQ went from lows of 578 to highs of 586 in just a few minutes, now curling over. No one can predict the future, so going long makes as much sense as going short.
The sharp push wasn't due to Trump this time. Iran is drafting a protocol with Oman for Hormuz Strait traffic, working on logistics to potentially reopen the Strait of Hormuz. This is good news as they're open to drafting a protocol, bringing excitement to the market.
Markets were down, losing nearly a trillion dollars with NASDAQ down 2%, $830 billion wiped since open. Markets went break even, now slightly in the red. The huge push up could be an overreaction.
LPP team traders are opening intraday shorts; speaker just did one. Not recommended for beginners. This is a day trade, not holding over the 3-day weekend—markets closed tomorrow for Good Friday. Avoid bag holding a position that doesn't play out, starting next week with a bad trade. If intentional investing, watch position size, avoid leverage, understand potential more downside than upside short-term. It's all about timeline; who cares about retracement now or next few weeks.
Trump made clear yesterday possible 2-3 weeks on Iran situation, often stays longer, could exceed that.
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