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SPY: Price just banged it's head on the bottom of the 8/31 NWOG, potential sweep level above that to take price down, otherwise if price gets past 767.03, 769 area is in play.
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GAP update - 12:50 EST
SPY M5 FVGs update. The FVG landscape has changed, only slim FVGs above at the moment.
GAP update - 12:50 EST
Today’s Observation
The Market Maker Regime for the last few weeks seems to have been *SELL* premium, create a modest price range, then keep price in that range to bank the premium sold - never a guarantee, but they've done it again and again during NYSE trading hours under low volume/participation over the last several weeks. Just my opinion.
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10:38 EST SPY Update
SPY M5: all upside targets hit (except super stretch 1/2 the OG, missed by 12 cents so far), both downside non-stretch targets hit and then some. 1st hour range now established. Now watching for close above/below. Will it, or stay in the range today.
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