Pre-market Chart

Good morning traders! Welcome back from the holiday. I wish you all a happy and successful new year 2023.

Prices were trending higher during the night and morning hours. The trend broke and prices retested the highs. From there we saw a minor correction and prices going into range mode.

The bias is neutral to up right now.

If the previous uptrend continues then look for longs at second entries right off the KEP and EMA.

Good trades to you!