As US-Iran deal is coming to a conclusion, let's review what happened with oil price Back when the Strait was about to be closed, oil price shot up to $100-$120 During that time, I mentioned that oil price peak was likely around $120. So there was no point in being bullish on oil as a commodity as the long term trend for oil is usually peak, burst, going back to a normal level. Ultimately, oil did not have a sustained bull run Now oil is coming back down to $80 This is consistent with previous supply shock for oil. So unless we get another catalyst, oil will likely stay down for a while. Cheers, Eric Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In June, I’m helping 5 people to become better at investing through Investing Accelerator. During the free strategy call, you can discuss which area of analysis you need the most help with (finding discounted stocks vs generating income). In Investing Accelerator, we focus on - Mastering investing even if you don't have a financial background - Step by step mentorship on how to set up your chart and fundamental analysis to find discounted stocks - Mastering options to generate income or multiply long term gains If you are interested in joining Investing Accelerator, you can schedule a free strategy call here to see if you are a good fit. If you are interested, you can schedule a free strategy call here to see if you are a good fit. Schedule a free call Disclaimer: This communication is provided for educational and informational purposes only and does not constitute investment advice, a recommendation, or an offer to invest in any fund or strategy. No advisory relationship is formed by receipt of this content. Any references to strategies or markets are general in nature and do not reflect the performance of any client account or investment product.