Stocks edged lower on Monday in listless trading. The Russell 2000 ETF (IWM) led the way down with a .64% loss, while the Nasdaq 100 ETF (QQQ) held most of its ground with a fractional .11% loss. Sector action was mixed with technology, energy, consumer staples and utilities slightly higher. Consumer discretionary, finance, industrials and materials moved slightly lower. This indecisiveness produced candlesticks with little change from open to close on many charts. The chart below shows the S&P 500 ETF (SPY) stalling with a candlestick similar to those that marked the previous two July peaks. Medium-term, the trend is up with key support set at 132.5 and PPO support at zero.