Interesting comment Sera,
This US market may well be a classic case of "Buy on rumor" and "Sell on fact". It could wander up til 3-Nov and then turnover. Also worth noting a few calls for a peak around 1st-2nd week of Nov, like Terry Laundry.
Would make sense to not load up too much either way, coming into the Fed meeting and be ready for a decisive move. Caution is clearly needed.
Cheers.
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