Monday December 3rd - 90 day ceasefire

SPI Futures traded in a 40 point range Friday night, with a high of 5699, low of 5659, and a close on Saturday morning at the high, at 5699, up 25 points, on volume of 11,435 contracts. Based on that range, my resistance lines are 5726, 5716, 5710, 5706, 5701, 5696, the pivot point is 5686, and support lines are 5676, 5670, 5666, 5661, 5656 and 5646. DOW up .79 pct, SNP up .82 pct, Canada (resource driven) up less at .02 pct and the VIX down 3.85 pct to 18.07 - Happy Days. Today will be a good test for the XJO, with Mondays having a tendency to be a lift-off day, positive leads from US markets and news of a 90 day ceasefire in the US China trade war rhetoric. I see gaps from Friday night down at 61 and 54. Three weeks until contract expiration, so time to plot all outstanding gaps and see which one will not fill. There are not many left. Keep at eye on those US Futures when the re-open in a couple of hours to see how 'the market' interprets the news and more than likely a nice opening gap to ponder. Have a nice day.