I could put up any major index chart and show the same pattern, a gap down open that takes out the 200 period Exponential Moving Average. It comes at the beginning of trends, not the end. The lows this morning are listed below, taking them is cue to double up on short positions: May 11th Lows SPY 411.35 QQQ 319.02 IWM 214.42 DIA 342.00