SPY closed above first hour range

SPY H1: FVGs update premarket levels: All upside levels hit except super stretch, and non-stretch downside targets hit, *so far

SPY: watching for close above/below 1st hour range, tho' a small range it is.

SPY: ~$3 opening gap above, some of which may fill. Potential to the upside: 766.15/39, 767, 767.32, 768.09 (stretch), 769.06/higher (super stretch). Potential to the downside: 765.37/05, 764.71, 764.23 (stretch), 762.9 (super stretch). Another tale of two fibs type situation.

Yesterday ….What a fight into the close, premium seller brought price back up to 769.06 at the bell to keep a good portion of the premium sold, but at what expense, nearly 3M shares changing hands in the last M5 candle dwarfing all other volume of the day. Woweeeeeeee!!! As long as it keeps working -> selling premium on anticipated low volume days, makes money, they'll keep doing it.