Hey traders!

Today the market was trending down. You can see the huge grey downtrend working lower. Within that trend, we got some periods with ranges and smaller downtrends. The overall bias was definitely to the short side. There were a couple of great trading possibilities, if you found the KEP and waited for prices to come back to the EMA there were some nice setups today. Since the downtrend is not broken yet the downward bias is still valid.

Hope you had a good trading day.