Hey traders!
Prices sold off heavily right after the opening. The blue downtrend broke and prices retested the lows. From there we saw some range movement and a 50% retracement of the previous downward move. Just now prices forming another leg lower and selling again. The day was pretty bearish today so I was looking mainly for shorts. There were some nice trade possibilities right off the trend channels and EMA.
Hope you had a good trading day!
![](https://toppicktrading.com/wp-content/uploads/2023/10/ES-12-23-2000-Tick-2023_10_25-11_35_33-1024x421.png)