US500 4 HOUR CHART – Retracement or more?
Backing off from its record high and needs to re-establish above 5700 to ease a retracement risk,
Stocks weighing hooes for a sift landing vs. geopolitical risks, election uncertainty and Powell indicating a less aggressive Fed
WSJ: BOE Warns of Sharp Correction as Geopolitical Worries Mount
The BOE’s Financial Policy Committee has repeatedly warned that valuations of many financial assets, particularly equities, are “stretched”