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Bauer: "Heavy Pullback" Imminent if Iran Conflict Escalates

By Schwab Network April 07, 2026 Bearish
Bauer: "Heavy Pullback" Imminent if Iran Conflict Escalates
Crude oil futures broke above $116 heading into Tuesday's trading session as global markets wait anxiously for a tentative U.S.-Iran conflict resolution. If Iran doesn't agree to U.S. terms by the 8pm Eastern deadline, @ProsperTradingAcademy's Scott Bauer warns investors to prepare for a sharp pullback.
Crude oil futures broke above $116 heading into Tuesday's trading session as global markets wait anxiously for a tentative U.S.-Iran conflict resolution. If Iran doesn't agree to U.S. terms by the 8pm Eastern deadline, @ProsperTradingAcademy's Scott Bauer warns investors to prepare for a sharp pullback.