Also taking into account indices which seem on the last leg. Any rate rise may rapidly attract capital out of stocks to fixed income, becoming a self-fulfilling (and perpetuating) flight to safety.
Only reserve I have technically is PMs which I would prefer to go a bit higher, say gold up to 1231 ideally to make a more definite small c wave of (b). Another option more seems less likely but this current 5 wave triangle could be a of something more meaningful / substantial up. First we would need a correction tho'.
Double whammy tomorrow : US GDP 12:30, 18:00 Fed Rate Decision (times: GMT )