Break in a 2 month uptrend on SPY. This will most likely support lower prices in August all the way to 192. There is also a breakaway gap that is unfilled at 190.50. I would look to get more aggressively long there.
I think it is in no man's land right now. Could snap back rally back to the 42 area or head straight to the 32 area. Either way it's gonna gravitate towards one of those. I'd look to get long at 32 and short at 42.
Setting up for long term hold (1-2 years)
I think it's a good point to chase biotechs for a short term play only. Sell any rips. Shorts can get more aggressive at $250.
Most PTs are at $18. I see the potential for a quick double once name recognition catches up and they become more popular in the SaaS space.
$GOGO looks to be forming an inverse H/S, breakout will lead to $26
Looking for a low risk value play here w/ a good 15% upside potential within the next month or two.
Keep an eye on the 51.50 mark as this will be your chance to get long for further upside to 57.
AAPL falling wedge nearing resistance, look for resistance then potential breakout after earnings gap fill.