With a pennant pattern forming on the SPY weekly chart I am looking for a bullish pop out of here as this gap on Monday is fairly bullish. Of course i believe there will be a retest of some kind and will look to enter in bullish when that take place sometime this week. After quite a bit of consolidation so far this year on spy and the overall broadr markets I think this is HEALTHY movement and we WILL make new ATH's later this year or in early 2019.