A quiet trading day on the back of encouraging news regarding a potential trade deal between the US and China. The stock market seems to be stuck between 2700-2740, establishing a new trading range with a possible renewed test of the 2740 area, still the importance resistance to watch. Breadth continues to be positive: 1934 stocks advanced compared to 1017 that settled down. The list of stocks hitting new highs is expanding: 86 versus 11 that hit fresh new lows, the opposite mirror of last fall. Internal momentum is still strong and this is a good news for the mid term, although we still favor the scenario of a kind of correction/consolidation to reset our indicators to a more favorable level.