I'm looking to get long gold for the E wave of the larger triangle. I will be playing something like GLD June and July 125 calls.
With RUT selling off again this morning I'm thinking about taking a small IWM long trade via options as well. Rut found support into the wave 4 support zone. The stop on this trade will be set at 116 W4 Wave Count Invalidation, where it will enter wave 1. I will play this with IWM June 113 Calls (should be around 1.00)