Please do your DD.
From my last SPY idea, we are in the bear/bull trap zone and where we go next is anyone's guess (Most likely down). We could be consolidating here to move higher one more time or gaining momentum for a downward spiral. We may have Gilead's and Roche's official news soon so we have to be prepared for a short squeeze.
Also I am looking at the IWM and it hasn't reached its .50 retracement so that is unclear what that is going to to do so please be careful either way.