8:05 am:
Futures flat. look like in consolidating. Usually this signal normal indicated bull or open drop then bounce up to closed green, but recent MM change a little coding, have to take few times or days to observe and to crush the new code. This also indicated SPY moves +- 3 points. So I would look for SPY to drop to 441-440.80. if break 440.50 it may down to 439. But this also a bull signal, may buy @ low for bounce up or for swing trade. High 442.70, break out to 443.50.
Trade for today, see how it open and run.
Buy SPY 443 put 8/13 if open run up to 442.70. sell @ 441, risk to 440. wait to settle the low, go long for swing.
Buy SPY 441 call after settle the low, can be 441.or 440. be patience.
Note: may be trick open under 442.50 and drop, will bounce up and break 442.50 go higher. If so , SPY may stop @ 441.30. and will bounce go higher.
All this is what to watch, cut if trade go wrong.
FB low 360-359, high 363-364.
AAPL seems like MM will push today, low 146-145.75, high 149. buy 146 call.
Good luck.