Good morning traders!
Prices trended lower during the night and morning hours.
There is a spike and channel structure working lower. The blue downtrend broke and prices retested the lows but it looks like there is a bigger downtrend structure in play, since prices do new lows again and again.
The bias is clearly down this morning. I am looking for shorts off the KEP and channels.
Good trades to you!
![](https://toppicktrading.com/wp-content/uploads/2023/01/ES-03-23-2000-Tick-2023_01_05-08_37_05-1024x587.png)