Good morning traders!
Prices are trending down pre-market. You can see the spike and channel structure trending lower. The bias is clearly to the downside so until nothing is changing I am looking for shorts only.
You can see the bearish strength and how prices are not able to pull back to the EMA. We could see a potential correction and a break of the channel.
Good trades to you!
![](https://toppicktrading.com/wp-content/uploads/2022/09/ES-12-22-2000-Tick-2022_09_16-08_29_29-1024x506.png)