Two scenrios

I described-resistance at the neckline and resistance above at the gap, if you have a profit in any longs off this bump, you may want to consider taking a partial profit and protecting the rest with a stop and seeing if it moves into the gap. What has me a little concerned is the QQQQ chart is unraveling a bit faster then it should.

You can always get back into the long trade above SPY $104.45 and not miss much