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🔥We discussed that Brent Oil—both the rising trend (blue) and the $80 support—after being lost, will quickly come down to the $70 range.
Oil staying below $70 removes the Global Inflation Risk. It boosts risk appetite.
At this scale, the upward trend in the US stock market continues on the AI and semiconductor side.
$OUST
$MRVL
$MU
#DELL
#NBIS
I continue to hold positions in these stocks.
#Petrol #Nasdaq #SPX500