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Markets refusing to price in any possibility of US-China escalation.
Attitude remains, 'à la Chuck Price'. Just another round of musical chairs... nothing more nothing less.
Not only is holding China accountable is some way, shape or form a bipartisan reality now but Trump will likely press/milk this all the way into the election.
Question is if China is just going to sit there and take it. Not only from others (Australia, etc..) but also in light of recent developments in HK.
Naturally, everyone needs to choose their own adventure but I would be very careful here, especially with o/n risk and over the weekends.
$NQ_F as already discussed, gap remains bull/bear line. Don't make it harder than it should be. Eyes on the daily/weekly close now.
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