Hello Reader, New all-time highs Friday. Hormuz closed again Sunday. The Iran trade is not over. Last week I called that if /ES held the 100-day and went sideways-to-slightly-higher, we had a bull flag pointing higher. That is exactly what happened. S&P closed the week at 7,126 (+4.5%). Nasdaq +6.8%. Dow +3.2%. Record closes across the board. Then today Trump ordered the Navy to board an Iranian cargo ship, Iran killed the talks, and futures opened red. The Bull Flag Played Out. Now What? The...