Could this, “Phase E”, (below) from the Wykoff chart have an influence as well - Reference - StockCharts. (unknown) Wycoff Method https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%