SPY Tests 109.35, Short on High TICK (800-1000) when SPY is over 110

As predicted, SPY broke support from trendline A and dropped to fill the gap at 109.52. SPY has another gap to fill at 106.01 and I have ~70% confidence that SPY will drop that far to fill the gap.

Today SPY will gap up and open at ~110. There isn't much resistance between 110 and 110.8 so SPY could potentially run up that high before reversing.

SPY has to break support at 109.35 to make a sustained down move towards 106.01. If SPY holds 109.35 all day then I favor SPY to reverse to the upside. If SPY breaks 109.35 then my confidence level on SPY reaching 106.01 increases to over 90%. Also if SPY breaks 109.35 then I will resume looking for the day with the highest volume (~600M) to signal the low of the pullback.