Photo by Maxim Hopman on Unsplash

The month of September is officially kicking-off, with a nice, upside close on Friday; a continuation of an upward trend. A buy-signal is in place, and markets are starting to get a little over-bought in the short-term, but not egregiously so.

Futures this morning are pointing at a little bit of a weaker opening. The 50-DMA is sitting above the 20-DMA, providing two levels of support around 4,450.

A pullback today would be okay, even healthy, in selling off some of the over-boughteness in the markets, and allow for a better entry point to put your money to work. Money continues to hide in Mega-cap stocks as a function of liquidity and safety.

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