Monday 10th December - Tariff this, tariff that.

SPI Futures traded in a 95 point range Friday night, with a high of 5705, low of 5610 and a close on Saturday morning of 5637, down 30 points on volume of 13,219 contracts. Based on that move, my resistance lines are 5746, 5722, 5709, 5698, 5687 and 5674, with the pivot point at 5651 and support lines at 5627, 5614, 5603, 5592, 5579 and 5556. One gap left from Friday night, up at 62, and lower gaps at 09 and 05 from a previous day. US markets in the red again, with the DOW down 2.24 pct, SNP down 2.33 pct and Canada (resource driven) down less at .95 pct. VIX up 9.63 pct to 23.23. Well, it's tariff this, and tariff that again - seems it's all about tariffs. Talk of Trump being impeached over 'hush' money, so should be an interesting day. As the US was being sold into the close on Saturday morning , SPI Futures were going up a bit. Nice opening gap ? Probably, and only nine trading days left to Dec contract expiration. Where does the time go ? Have a nice day.