Hey traders!

Today we saw another bearish day. During the overnight, we saw a spike down. That continued during the trading day. See the grey downtrend working lower. Prices broke the channel and made a new low. From there prices stayed within the range. The bias was clearly to the short side today. There were a couple of good trade possibilities. Just now we see some reversal price action and the test of the range top.

Hope you had a good trading day.