Agreement with Iran not signed yesterday!

[Luckyone]

US-Iran talks begin Sunday in Switzerland as Tehran closes the strait over Lebanon fighting​

TYRE, Lebanon (AP) — Iran on Saturday said it had closed the Strait of Hormuz because of Israel’s continued attacks in Lebanon and warned that while negotiators were going to Switzerland for talks with the United States on their interim agreement, not much likely will happen if the fighting doesn’t stop.

If this agreement does not get signed tomorrow, this will open a whole new can of worms for this agreement to occur, and even if it occurs thereafter, it will cause people to lose faith that any agreement can be obtained that is not at an immediate risk of failing.

This situation is especially true when it is considered that Trump cannot force Netanyahu to do anything, and given that Iran is keenly interested in Israel stopping its attacks on Lebanon, it does mean that Iran signing a peace deal with the U.S. is not entirely in Trump's hands.

By the way, though Oil showed weakness this week, it was not enough to suggest that Oil will go down further (and therefore gasoline prices).

Here is my chart evaluation on Oil done an hour ago:

OIL generated a new 11-week intraweek low and closed in the lower half of the week’s trading range, suggesting further downside below last week’s low at 72.82 will be seen this week. Nonetheless, and given that the agreement with Iran was not signed on Friday and the Strait of Hormuz was closed once again by Iran on Saturday, if that does not change by Monday, it is unlikely further downside will be seen this week. Having said that, the bears did not accomplish anything “yet” that could be seen as a game changer, given that the low of the week did not break a previously established intraweek support at 72.48, nor break an area of indicative weekly close support between 74.93 and 75.53 (closed at 75.85 on Thursday). It is evident that the action this week will be highly indicative of what is to come. In using the daily closing chart (and on a confirmed basis), a close above 78.68 or below 74.84 will generate new short-term buying or selling interest.

 

[MarathonMike]

I keep telling you idiots to stop going into hysterics over this "deal". It is very possible Trump resumes military action in Iran.

 

[Dante]

Memorandum of mis-Understanding(s)?

 

[Mac1958]

The Iranian theocratic psychos have an American President dancing like a clown.

And no one, NO one, is surprised.

I guess it's good that we've become somewhat numb to the humiliation.

 

[RoshawnMarkwees]

US-Iran talks begin Sunday in Switzerland as Tehran closes the strait over Lebanon fighting​

TYRE, Lebanon (AP) — Iran on Saturday said it had closed the Strait of Hormuz because of Israel’s continued attacks in Lebanon and warned that while negotiators were going to Switzerland for talks with the United States on their interim agreement, not much likely will happen if the fighting doesn’t stop.

If this agreement does not get signed tomorrow, this will open a whole new can of worms for this agreement to occur, and even if it occurs thereafter, it will cause people to lose faith that any agreement can be obtained that is not at an immediate risk of failing.

This situation is especially true when it is considered that Trump cannot force Netanyahu to do anything, and given that Iran is keenly interested in Israel stopping its attacks on Lebanon, it does mean that Iran signing a peace deal with the U.S. is not entirely in Trump's hands.

By the way, though Oil showed weakness this week, it was not enough to suggest that Oil will go down further (and therefore gasoline prices).

Here is my chart evaluation on Oil done an hour ago:

OIL generated a new 11-week intraweek low and closed in the lower half of the week’s trading range, suggesting further downside below last week’s low at 72.82 will be seen this week. Nonetheless, and given that the agreement with Iran was not signed on Friday and the Strait of Hormuz was closed once again by Iran on Saturday, if that does not change by Monday, it is unlikely further downside will be seen this week. Having said that, the bears did not accomplish anything “yet” that could be seen as a game changer, given that the low of the week did not break a previously established intraweek support at 72.48, nor break an area of indicative weekly close support between 74.93 and 75.53 (closed at 75.85 on Thursday). It is evident that the action this week will be highly indicative of what is to come. In using the daily closing chart (and on a confirmed basis), a close above 78.68 or below 74.84 will generate new short-term buying or selling interest.

And you’re excited by that!
You want to be dead! You want Iranians to kill you!