--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000511790.md" description: "🚨 US Markets Set to Get Crushed TodayWTI crude just opened at $107 — up 18.36%.US futures extending losses: Dow -2%, Nasdaq -1.65%, S&P -1.7%. My take:Expect SPR release either later today or tomorrow to cool oil prices. Tomorrow more likely — Trump Jr. bought oil pre-war, so probably waiting for his exit.Pre-market looking red. If dip isn't too deep, could be a safe-haven play.Shorts, hold tight. Today's still yours.But here's the catch: SPR release gives maybe one green day. Real issue? Strait of Hormuz not navigable. No transit = no price drop. This is the ugly part.Morgan sees $145 oil. Looking increasingly possible. Game plan:Aggressive: Small long on oil. Reopening strait? Not happening soon.Conservative: Don't chase. Wait for pullback to short. If you're caught long here... could be a long wait. Bigger picture: This won't end fast. Escalation likely. Oil hits US economy hard — but US won't fold and withdraw. Sunk cost + third carrier on the way = they'll see it through. For now? Hope oil opens high and fades.🛢️📉 Stay safe out there. NOT ADVICE!" datetime: "2026-03-09T03:13:40.000Z" locales: - [en](https://longbridge.com/en/topics/100000000511790.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000511790.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000511790.md) author: "[Ethan1](https://longbridge.com/en/profiles/24568761.md)" generator: "portal-rs" --- # 🚨 US Markets Set to Get Crushed TodayWTI crude jus… ### Related Stocks - [DOW.US](https://longbridge.com/en/quote/DOW.US.md) ## Comments (2) - **Kellyk310 · 2026-03-09T05:31:58.000Z**: It probably won't be released this quickly. This is the only trump card we have. What if we use it and Iran decides to confront us? We should wait at least half a month. - **watchdog · 2026-03-09T03:57:11.000Z**: Now the gain is 22.9%, is it appropriate to open a position and buy SCO to double short crude oil? --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**