September 22, 2017 — ALRM has a long breakout setup with a squeeze. - Simpler Stocks

The markets started the day on a down note and remained in negative territory throughout the day. However, price action for the major indexes remained within a fairly narrow band. For the most part, it appeared that traders and investors continued to digest yesterday’s monetary policy update from the Federal Reserve. Meanwhile, the European bourses put together a generally positive showing, boosted by reports that consumer confidence in the euro zone had reached a 16-year high.