Sellers are here

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Sellers are hereE-mini S&P 500 FuturesCME_MINI_DL:ES1!DanGramzaSeller showed up on the daily chart in the S&P 500. Typically, with this type of structure follow-through to the downside would be expected. However, with the release of PPI on Thursday it presents the possibility of a daytrading inside of Wednesday's daily range.