How SPY Behaved
SPY opened at 766.05 and finished nearly unchanged from its opening price, closing at 765.72 after trading between 764.17 and 767.85.
The session low was recorded first, around 09:54 ET, before price later recovered to the session high around 11:53 ET. SPY finished near the middle portion of its intraday range.

What Drove the Market
Across corroborating market coverage, the session was shaped by several macro and sector drivers. Large-cap technology and semiconductor shares were an important index-level influence during the session. Attention also turned toward major retailer earnings for a read on consumer demand and margins.
Large-cap technology and semiconductor shares were an important index-level influence during the session.
Attention also turned toward major retailer earnings for a read on consumer demand and margins.
Published Read vs. Actual SPY Result
The published directional read is compared with the completed session outcome.
Price Areas That Actually Mattered
No published UB/LB level qualified for the short list. The complete observation map remains on the Key Levels page.
What the Next Session Is Set Up to Test
LONG outlook • confirmation 768.00 • invalidation 762.18 • target 770.90 • extension 773.81.
