Seller 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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.