Go with Plan Z

The morning action is shaping up to be as blurry and nebulous as the photo above of the obsolete Zima drink.

But the Zika Virus plays, INO and XON, are off to a healthy start. On their respective daily charts, below, both biotech/pharmas are working through potential inverse head and shoulders bottoming formations. If their morning strength holds, I am looking at these two as actionable long ideas today, as well as if the broad market at-large hangs in there. 

The small and mid-cap biotechs in the XBI ETF are waking up this morning after a long sleep. So, these two make sense to have on the radar.