USA IRAN WARUS Tech 100 IndexICMARKETS:USTECElGatoTrade --- I do not expect that Iran is capable of hitting anything on U.S. soil. If you were not prepared for this event by taking positions in advance, do not chase the move. Instead, shift your focus to other sectors and industries. -------------------------------------- Example: It is highly possible that oil tankers and military ships could be destroyed; therefore, they will need to be replaced later on. Which companies are capable of constructing oil tankers? That is just one example. ---------------------------------------- If you are already positioned: Defense stocks** – Sell into the spikes and take profits. Oil – Maintain the position for 3–4 days and adjust your stop-loss accordingly. Natural gas** – Summer is coming, so demand will not be significant. Those who got stuck in the last spike may be able to exit more easily if their entry price is not above 4.30. Gold – No new buys. Enjoy the ride. WTI Crude Oil Futures: CL1! Brent Crude Oil: UKOIL Gold Futures: XAUUSD I strongly recommend you to not to run after the market now. Wait until we can see how strong is IRAN military-wise. Honestly I dont think so that they can do anything alone, out of disturbing the straigh of hormuz