I think market makers plan was to push it to 380, but yesterdays AMD bad news pushed tech sector down, thus braking the SPY prematurely. This morning jobs report didn't make things better, so there we are. Are they going to try reclaim the 374? We'll soon find out. Personally I will add to my short position on every litlle bounce. I still believe SPY will hit 312 in mid Oct.
Luckily for me I took large position in SOXS before closing. Good luck!