SPY MARKET OBSERVATION • 2026-02-19
SPY Outlook 2026-02-19 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1687.29
UB2690.78
UB3694.27
LB1680.32
LB2676.83
LB3673.34
Prior Trading Day
UB1687.55
UB2691.24
UB3694.93
LB1680.16
LB2676.47
LB3672.78
ACCEPT / REJECT / INTERLEAVED Structure
Market StateTWO-WAY
Structure ModeINTERLEAVED
Accepted LevelsPrior LB, Prior LB2, Prior LB3, Today LB2, Today LB3
Rejected LevelsPrior UB, Today LB, Today UB
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionLONG/SHORT
Accepted LevelPublished Acceptance Zone
Confirmation / Trigger679.99
Projected Target679.99
Current StatusNOT TRIGGERED
SPY Reference683.66
General market information only. Reaching a published level is not an instruction to place a trade.
PEER REJECTED INTERACTION
Reversal Plan
DirectionLONG
Rejected LevelToday LB
Reversal Confirmation680.11
Projected Target682.80
Current StatusTARGET REACHED
Hard Invalidation680.11
General market information only. Reaching a published level is not an instruction to place a trade.
Next Values We Are Observing
The active observation ladder is shown below.
OBSERVE NEXT 1
Today UB — 687.29
OBSERVE NEXT 2
Prior UB — 687.55
OBSERVE NEXT 3
Today UB2 — 690.78
SPY TOMORROW OUTLOOK
TWO_WAY • 75.7% confidence
Watch687.22
Confirmation687.22
Invalidation680.11
Target690.77
ExtensionN/A
Reversal ConfirmationN/A
SPY Level Outlook — Available Pre-EOD
Today UB3 — 694.33
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 694.33 • today status NOT REACHED
Today LB3 — 672.99
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 672.99 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation687.22
Primary Target690.77
Hard Invalidation680.11
Target Completed50.0%
Invalidation10.0%
No Completion40.0%
If Day 1 Does Not Complete
Day-2 continuation0.0%
Continuation reference690.77
Day-2 reversal0.0%
Reversal confirmationN/A
Actual Next-Day Audit
CONFIRMED_UNRESOLVED
The published confirmation price traded during the next regular session; target and invalidation were not reached.
Open / High / Low / Close682.32 / 690.06 / 681.73 / 689.43
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.