SPY MARKET OBSERVATION • 2026-02-18
SPY Outlook 2026-02-18 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1687.55
UB2691.24
UB3694.93
LB1680.16
LB2676.47
LB3672.78
Prior Trading Day
UB1686.33
UB2690.52
UB3694.72
LB1677.93
LB2673.74
LB3669.54
ACCEPT / REJECT / INTERLEAVED Structure
Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB, Prior LB2, Prior LB3, Today LB, Today LB2, Today LB3
Rejected LevelsPrior UB, Today UB
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionSHORT
Accepted LevelPrior LB3
Confirmation / Trigger669.25
Projected Target662.38
Current StatusNOT TRIGGERED
SPY Reference684.25
General market information only. Reaching a published level is not an instruction to place a trade.
Next Values We Are Observing
No additional next-level observation is active.
None active.
SPY TOMORROW OUTLOOK
SHORT • 60.3% confidence
Watch680.49
Confirmation680.49
Invalidation688.01
Target676.72
Extension672.96
Reversal Confirmation683.63
SPY Level Outlook — Available Pre-EOD
Prior UB — 685.89
ACCEPT / CONTINUATION • up projection 689.15 • down projection 682.63 • projected target 690.05 • today status REACHED
Prior UB — 686.76
ACCEPT / CONTINUATION • up projection 689.15 • down projection 684.37 • projected target 690.99 • today status REACHED
Today UB — 687.08
ACCEPT / CONTINUATION • up projection 689.15 • down projection 685.01 • projected target 690.70 • today status REACHED
Today UB — 688.01
ACCEPT / CONTINUATION • up projection 689.15 • down projection 686.88 • projected target 691.78 • today status REACHED
Today LB3 — 672.96
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 672.96 • today status NOT REACHED
Prior LB3 — 669.83
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 669.83 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation680.49
Primary Target676.72
Hard Invalidation688.01
Target Completed40.0%
Invalidation20.0%
No Completion50.0%
If Day 1 Does Not Complete
Day-2 continuation20.0%
Continuation reference676.72
Day-2 reversal40.0%
Reversal confirmation683.63
Actual Next-Day Audit
UNRESOLVED
The next regular session did not trade at the published confirmation, target, or invalidation price.
Open / High / Low / Close683.84 / 686.18 / 681.55 / 684.48
General-purpose market observation.
Nothing on this page is a recommendation, solicitation, personalized advice, or an instruction to buy, sell, hold, open, close, or size a securities or options position.