Potential for long on Tuesday 160607 with TP at gap close at 280.
Negatives to ponder:
1) as always, gap closes are not guaranteed (in the near future), so the above scenario may not play out.
2) trend is with higher on down days so far - so this is a counter-trend play.
3) potential on weekly with possible neckline break coming up.
4) may also be a negative factor until October.
Therefore: I recommend a tight stop not far under last Thursday's low and also to close out part of the position fairly early if in profit (perhaps at ca 258 to 260) to pay for potential stop.