Market confirming a triangular consolidation before next move - seeking clarity on China and Fed decision. In my opinion, China fear more or less is secondary compared to rate hike.
- 12.5 bps or no hike we test 2050 in no time.
- 25 bps hike and we break through 192 and 187 and test 182 levels.
What are the odds we consolidate around 1890 when China...