Hey traders!

Prices are trending up and down today. There is no real bias in the market. Shortly after the opening prices trended higher, broke the channel and made a new high. Some strong resistance came up around the 4593 level. From there prices formed a bigger downtrend with a break but no retest of the extremes. Instead, prices formed another bigger uptrend and working higher now.

Not too many trades as without clear bias it makes it hard to trade. Also during the trend structures, there weren’t any good setups forming.

Hope you had a good trading day today.