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S&P500 futures are under pressure as......>

US STOCKS
US STOCKS: S&P500 futures are under pressure as risk sells off this morning. We
have now traded through 2739, the 50% YTD retracement. We have not closed below
here since July 5 and a move lower would weigh on risk sentiment across asset
classes. Upcoming support is at Oct 11 lows at 2713.50 before longer-term
support at 2675.08 (May 29 low and 23.6% retracement of 2016 lows to 2018
highs). We need to move back above 2739 to recover risk sentiment.

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