SPY MARKET OBSERVATION • 2026-02-25

SPY Outlook 2026-02-25 — Key Levels & Tomorrow Bias

Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.

Today — Current Session

UB1694.10
UB2697.21
UB3700.32
LB1687.89
LB2684.78
LB3681.67

Prior Trading Day

UB1685.23
UB2688.87
UB3692.52
LB1677.93
LB2674.29
LB3670.64

ACCEPT / REJECT / INTERLEAVED Structure

Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB3, Today LB3
Rejected LevelsPrior LB, Prior LB2, Prior UB, Today LB, Today LB2, Today UB
PEER ACCEPTED INTERACTION

Continuation Plan

DirectionSHORT
Accepted LevelToday LB
Confirmation / Trigger687.74
Projected Target680.86
Current StatusNOT TRIGGERED
SPY Reference691.14

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 Confirmation688.03
Projected Target690.72
Current StatusTARGET REACHED
Hard Invalidation688.03

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
Prior UB3 — 692.52
OBSERVE NEXT 2
Today UB — 694.10
OBSERVE NEXT 3
Today UB2 — 697.21
SPY TOMORROW OUTLOOK

LONG • 66.2% confidence

Watch694.25
Confirmation694.25
Invalidation688.03
Target697.36
Extension700.47
Reversal Confirmation691.24

SPY Level Outlook — Available Pre-EOD

Prior LB — 677.29
ACCEPT / CONTINUATION • up projection 683.92 • down projection 670.66 • projected target 673.82 • today status NOT REACHED
Today UB — 694.25
REJECT / REVERSAL • up projection 696.43 • down projection 692.07 • projected target 697.36 • today status NOT REACHED
Prior LB — 678.58
ACCEPT / CONTINUATION • up projection 687.46 • down projection 669.70 • projected target 674.76 • today status NOT REACHED
Prior LB3 — 670.34
ACCEPT / CONTINUATION • up projection 677.22 • down projection 663.47 • projected target 670.34 • today status NOT REACHED
Prior LB3 — 670.94
ACCEPT / CONTINUATION • up projection 677.24 • down projection 664.63 • projected target 670.94 • today status NOT REACHED
Today UB3 — 700.47
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 700.47 • today status NOT REACHED
Prior UB3 — 693.86
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 693.86 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation694.25
Primary Target697.36
Hard Invalidation688.03
Target Completed30.0%
Invalidation20.0%
No Completion50.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference697.36
Day-2 reversal40.0%
Reversal confirmation691.24

Actual Next-Day Audit

INVALIDATED

The published invalidation price traded during the next regular session.

Open / High / Low / Close693.28 / 693.30 / 684.35 / 689.30
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.