Stocks are aiming for a flat to down open. Momentum the last few days seems to be waning. European markets were down and Asian markets ended mixed. Commodities are aiming higher.
Despite the trading range conditions that are persisting, there are industries that are experiencing some mild accumulation:
Biotech, semiconductors, new technology, healthcare, and software.
September historically has been a challenging month for traders as this is when the large institutions adjust their portfolio holdings. Be mindful when trading.