SPY is approaching major resistance levels with negative divergence, we have illustrated our shorting zone, scaling in when price hits 139.50. We are thinking about doing the Sept quarterlies again or the September Monthly Puts because they have more volume so bid-ask is more liquid
AAPL is in wait and see mode, a true breakout would mean a close above 620.00, but right now it has negative divergence on the 60-min chart.
-Red Apple
