Still Waiting for the Pullback

When I woke up SPY was trading as high as 110 premarket but has since backed off to 109.7 since. I still expect SPY to pullback today. SPY has not been able to break above 110 and is still below the major d owntrend line from April 2010 highs. 108.9 is a first level of support. SPY has to drop to 108.02 to fill the gap, the next level of support below is at 107.8. My suspicions are that the MMs have been holding SPY up until opex tomorrow and they may bring it down before ramping it back up to rock the option holders a bit.