Markets in Bearish Trend ?

Markets seems to have entered bearish trend and may continue for the rest of 2023

ES - Current - 4385 (08/18)
ES - T1 - 3840
ES - T2 - 3502

NNQ - Current - 14780 (08/18)
NNQ - T1 - 11806
NNQ - T2 - 10484

Will have to see if this turns out true !