How SPY Behaved
SPY opened at 774.86 and finished 0.11% lower, closing at 773.97 after trading between 770.43 and 777.09.
The session high was recorded first, around 12:17 ET, before price later rotated down to the session low around 13:28 ET. SPY finished near the middle portion of its intraday range.
What Drove the Market
Across corroborating market coverage, the session included the following corroborated macro and sector context. Oil prices moved higher as U.S.-Iran / Middle East uncertainty stayed elevated, adding inflation sensitivity and pressure to broader risk appetite. Large-cap technology and semiconductor shares were an important index-level influence during the session.
Oil prices moved higher as U.S.-Iran / Middle East uncertainty stayed elevated, adding inflation sensitivity and pressure to broader risk appetite.
Large-cap technology and semiconductor shares were an important index-level influence during the session.
Published Read vs. Actual SPY Result
The published directional read is compared with the completed session outcome.
Price Areas That Actually Mattered
SPY first traded through this downside observation level at 12:52:00 ET.
SPY first traded through this downside observation level at 13:28:00 ET.
What the Next Session Is Set Up to Test
SHORT outlook • confirmation 772.61 • invalidation 777.25 • target 770.28 • extension 767.96.