Pre-market Chart

Good morning traders!

Prices trended higher this morning. The green uptrend broke and made a new high. From there we saw some sideways action within the yellow range. Prices just broke out of the range but as you know most breakouts fail on the first attempt.

The bias is neutral to slightly down. If the blue downtrend confirms I am looking for shorts off the KEP and EMA.

Good trades to you!