The anticipated cease fire on the trade war between the USA and China is providing some relief but is not the end of difficult negociations ahead. The stock market may open on a strong note today and may follow the scenario we described last Friday. Technically, the good news is that the market is going to surpass the moving averages watched by chartists. It will be interesting to observe the behaviour of the market over the next few days to gauge the potentiel strength of a year-end rally. For the time being, we haven’t been impressed by internal momentum measured by the advance/decline line. Last Friday : only 1973 stocks advanced compared to 1689 that settled down. Daily sentiment indicators deteriorated quickly as options traders were eager to play the upside of the market.