The trend and bias are both down so far this morning. I see a two-tiered channel working lower that is still in play, so stay with that until the chart shows us differently. Note that we did make a new high on the retest of the highs on the daily chart yesterday, so this long-term market rally could finally be coming to an end. Just trade wisely and keep your stops close as we teach you and all should be good. Hopefully we will get more chart clarity of the next few days on the daily chart.
