Sellers came in today in the S&P 500 and push the market lower with both hands. The Fed meeting minutes were released on Wednesday and the expectation is there will be a 50 basis point increase in the balance sheet reduction would be $60 billion of treasury securities and $35 billion of mortgage-backed securities. I am looking for a smaller range day-to-day but continued downward pressure into Thursday's close. 4480 to 4425 would be the expected range for Thursday.