SPY MARKET OBSERVATION • 2026-03-12

SPY Outlook 2026-03-12 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1675.67
UB2679.96
UB3684.26
LB1667.07
LB2662.78
LB3658.48

Prior Trading Day

UB1682.44
UB2686.82
UB3691.19
LB1673.70
LB2669.32
LB3664.95

ACCEPT / REJECT / INTERLEAVED Structure

Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB, Prior LB3, Prior UB2, Prior UB3
Rejected LevelsPrior LB2, Prior UB, Today LB, Today UB, Today UB2
PEER ACCEPTED INTERACTION

Continuation Plan

DirectionLONG
Accepted LevelToday UB
Confirmation / Trigger675.14
Projected Target680.61
Current StatusNOT TRIGGERED
SPY Reference671.89

General market information only. Reaching a published level is not an instruction to place a trade.

PEER REJECTED INTERACTION

Reversal Plan

DirectionSHORT
Rejected LevelToday UB
Reversal Confirmation676.19
Projected Target673.73
Current StatusTARGET REACHED
Hard Invalidation667.59

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 LB2 — 669.32
OBSERVE NEXT 2
Today LB — 667.07
OBSERVE NEXT 3
Prior LB3 — 664.95
SPY TOMORROW OUTLOOK

TWO_WAY • 78.0% confidence

Watch676.19
Confirmation676.19
Invalidation667.59
Target680.49
ExtensionN/A
Reversal ConfirmationN/A

SPY Level Outlook — Available Pre-EOD

Today LB — 667.59
ACCEPT / CONTINUATION • up projection 673.31 • down projection 661.87 • projected target 663.29 • today status REACHED
Today LB — 666.56
ACCEPT / CONTINUATION • up projection 672.16 • down projection 660.95 • projected target 662.26 • today status REACHED
Prior UB — 682.19
ACCEPT / CONTINUATION • up projection 685.94 • down projection 678.43 • projected target 686.59 • today status NOT REACHED
Prior UB — 682.70
REJECT / REVERSAL • up projection 685.68 • down projection 679.73 • projected target 687.04 • today status NOT REACHED
Today LB2 — 663.29
REJECT / REVERSAL • up projection 665.56 • down projection 661.02 • projected target 658.99 • today status NOT REACHED
Today LB2 — 662.26
REJECT / REVERSAL • up projection 664.49 • down projection 660.04 • projected target 657.97 • today status NOT REACHED
Today UB3 — 684.79
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 684.79 • today status NOT REACHED
Today LB3 — 658.99
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 658.99 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation676.19
Primary Target680.49
Hard Invalidation667.59
Target Completed40.0%
Invalidation0.0%
No Completion60.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference680.49
Day-2 reversal0.0%
Reversal confirmationN/A

Actual Next-Day Audit

INVALIDATED

The published invalidation price traded during the next regular session.

Open / High / Low / Close669.27 / 672.34 / 661.36 / 662.29
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.