Your recommended way to format EEx templates?

Could you share your way of formatting EEx templates? Say if I want to render a list of lists: list_of_lists = [[1,2],[3,4],[5,6]], I’ve seen several ways:

1. indent every control statement and markup

<section>
  <%= for list <- @list_of_lists do %>
    <ol>
      <%= for number <- list %> 
        <li><%= number %></li>
      <% end %>
    </ol>
  <% end %>
</section>

2. indent only the markup, align the control statements with the parent markup:

<section>
<%= for list <- @list_of_lists do %>
  <ol>
  <%= for number <- list %> 
    <li><%= number %></li>
  <% end %>
  </ol>
<% end %>
</section>

I see pros and cons of both. First way seems to be easier to read because it looks like a stack, but the inner most line can get really long due to the indentation, and the for comprehension isn’t really a child of the parent tag..Second way doesn’t generate long lines, also if you ignore the “non-html” code, the markups look like they have the right structure, but it is a little harder to read because my eyes has to go zigzag.

What do you think?