SPY Consolidates at July Highs

Love to see charts consolidating at prior key levels.
Prior high in July 2023.
SPY pausing at 4600 with 6 weeks of gains.
Last 6 week span was in 2019 when SPY notched 13 of 15 positive weeks.
SPY gained 13% in those 15 weeks.
It has gained 13% the past 6 weeks. It was due for a pause.
Call spreads or bullish put spreads can be an efficient trade if one believes market is poised to breakout from consolidation period.