How SPY Behaved
SPY opened at 765.86 and finished 0.45% higher, closing at 769.32 after trading between 764.26 and 772.28.
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. Higher oil prices increased inflation sensitivity and weighed on the broader equity risk backdrop.
Higher oil prices increased inflation sensitivity and weighed on the broader equity risk backdrop.
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 upside observation level at 10:01:00 ET.
SPY first traded through this upside observation level at 10:24:00 ET.
What the Next Session Is Set Up to Test
LONG outlook • confirmation 768.24 • invalidation 763.18 • target 770.76 • extension 773.29.
