This is not because of a conservative backlash in the mid-term elections, for there wasn't one-california bucked the national trend and elected Democrats to all eight of its statewide offices.

这并非因为中期选举遭遇保守派的反对，没人反对——加州违背了全美的潮流，选举出8名共和党人担当全州职位。

youdao

While the mid-term trend is still up, this increases the odds of a deeper overall correction.

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Caution is warranted on any short position though, as the mid-term trend is still firmly on the side of sterling and a move toward 1.6250 is not out of the question.

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Fear is on the rise and stocks are falling fast, but before heading for the sidelines, take a look at the market internals, which show that the mid-term trend is still bullish.

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