Educational use only. Never intended as advice.

Google failed to deliver the goods, and got rich-slapped after the close, down over 50 points. What, if anything, will that mean for tomorrow?

First, I wish I hadn't sold off some of those RUT puts today, but it could have gone the other way, too. Second, the Cayman Islands Hedge /Federal Reserve/Plunge Protection Team will be out there protecting your not-risk protected portfolios, so you should be able to sleep soundly. Helicopter Ben's first act will be to inject more liquidity into the system. I mean, why shouldn't you feel entitled to make money hand over fist, regardless of whether you do anything except buy Google?

Liquid or Hyperliquid ETFs oversold:

None

Liquid ETFs NR7

EWY
XLE
HHH (no wonder this one wouldn't bounce)

Dynamics: chinstraps ON

SPX/VXO 105
SPX weekly stochastics 86/82
TRIN 5 1.04 (neutral)
Stochastics oversold: SPX 14% RUT 7%

There's no need to say a lot here. First, prepare for damage control, however you do it. Many times, the market will gap down, only to recover somewhat in the 15-30 minutes after the open, then resume the downtrend. Be aware of narrow-range bars that traders might key off, as well as tick patterns.

I'm not really good at managing these reversals, so I'll probably just try to stand clear and manage existing positions. How GOOG will effect metals, energy stocks, etc. is unknown until tomorrow. However it turns out, it's hard to imagine that some bull meat won't be served up tomorrow, even with Federal Reserve intervention.