Keep and eye on Paychex Inc. The stock has been consolidating in a narrowing range since early June. The 200D moving average has capped the upside during this phase. As a new week begins the stock is beginning to put some distance on this long term indicator. With the 50D providing the footing we expect a fresh rally. A key hurdle is the September high($78.30). A close above this level could spark quite a move. On the downside, a close below $74.00 would violate last week’s lows sending a clear warning sign that the 200D remains in control.