$SPY - It's been a solid start to the year but historically when we make new all time highs there's a 1 to 3% correction. Lower gap sure enough is about 3%. It would probably feel pretty brutal and I don't know what the catalyst would be but I would be more likely to fire off bids there. Best case this is a little breakout and re-test an we hold momentum but we are still mostly in ranging chop until proven otherwise. This is why I'm still moving slower and not just aping everything and holder to high targets.
