CME_MINI:ES1!   S&P 500 E-mini Futures
I kept saying the last couple of days that it was a bear flag like last week. Bear flag target now hit. On top of futures dumping, I'm expecting people to dump their earnings plays like AAPL , AMZN , etc because MSFT went red even after a solid beat. (So did AMKR , but I dumped my calls before earnings ) So no calls until EOD .

Didn't think it was going to break until tomorrow, so only had a small position in GM puts, but I doubled my money on that, so still a decent week. GM already filled 2/3 the gap while I took a dump, lol. Maybe I should trade on the toilet. At least I made the right call by flipping my puts on open.
Comment: Chart pattern similar to Monday so we may get an afternoon bounce here in a few minutes.

Not playing it though, I mean who's really buying on a Wednesday mid tank? We could finsih today at the bottom
Comment: Chart today looks like Monday, I was right about the bounce So probably another bear flag tomorrow like the chart from yesterday.

Not worth the risk to hold calls overnight, will fade the gap tomorrow.


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