Here is our best information on Fed according to our sources. The Fed is evenly split about September rate increase. At this time, even the Fed does not know what it is going to do.
The trades by short-term professional traders show a 28% probability of rate increase in September, 8% probability of rate increase in October and 55% probability of a rate increase in December.
What To Do Now?
Consider not initiating or adding positions before September 17th afternoon when the Fed decision will be known.
