Is this the beginning of a downtrend in the S&P E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! Trading1729 Sellers were found on Wednesdays price action. The issue now is can they follow through. An ideal situation for a bullish outlook would be for sellers to push the market lower in Asia and for the market to go sideways to higher in Europe before returns to the US for the possibility of making new highs.