Hey traders!

Hope you had a great long weekend.

Today prices trended higher as a reaction to the debt ceiling deal. After the market opening, we saw a bigger downtrend working lower with a break and retest of the lows. That downtrend had some great short opportunities right off the KEP / EMA. After the retest prices moved within the yellow range and had already two breaks lower which both failed. Right now it is a pretty neutral bias if you consider the range as valid still.

Hope you had a good trading day.