Last night's market movement was very typical; the rebound hasn't ended yet, but the bomb has come first. As soon as the news of the Israeli airstrike broke, the market fell in response, officially declaring the end of the rebound.
At such times, it’s a "fish tail market"; try not to take the last bite. I choose to lock in profits early, not to sell at high positions, what are we waiting for?
As for Iran, although their stance is firm, the likelihood of actual conflict is low. Khamenei is getting old, domestic anti-clerical sentiment is rising, and economic infighting is severe; young people generally are not supportive.
What Iran can rely on now is more about posturing and proxy operations; there aren’t many real hard power assets.
This situation is very likely to mirror that of Russia, appearing tough on the surface while compromising internally.
With the market weakening and the situation unclear, don’t impulsively take sides; stabilize first.
