Prices were trending down the whole trading day today. There were a couple of ranges and smaller shorter-term trends within the bigger blue downtrend. The channel broke and retested the lows. Since prices are heading lower after that, there could be a bigger structure in play. Hope you had a good trading day.
![](https://toppicktrading.com/wp-content/uploads/2022/12/ES-12-22-2000-Tick-2022_12_05-13_38_57-1024x480.png)