US Markets Today: Range Bound, Choppy Session

13 September 2017 (8:25 AM EDT)

As we had written previously, U.S. markets have touched all time high levels and major indexes may turn range bound here. On the other hand, as there is no major negative factor/news/ event dominating markets right now, so it is also possible that major indexes inch forward and venture higher than current levels.

The only marginally negative news has come from the tech giant Apple. A delay in availability  of iPhone X can have a negative influence on companies Q4 revenues and today, these speculations may affect the trading pattern of tech index Nasdaq.

So, wait and watch to see how the intra day trading pattern unfolds in major U.S. indexes, then trade accordingly. The trend may remain choppy and range bound.

Good luck, enjoy the session!

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