SPY MARKET OBSERVATION • 2026-03-23
SPY Outlook 2026-03-23 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1664.00
UB2670.44
UB3676.89
LB1651.11
LB2644.67
LB3638.22
Prior Trading Day
UB1659.81
UB2664.69
UB3669.57
LB1650.06
LB2645.18
LB3640.30
ACCEPT / REJECT / INTERLEAVED Structure
Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB, Prior LB2, Prior LB3, Prior UB2, Prior UB3, Today LB, Today LB2, Today LB3
Rejected LevelsPrior UB, Today UB
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionSHORT
Accepted LevelToday LB
Confirmation / Trigger650.43
Projected Target645.36
Current StatusNOT TRIGGERED
SPY Reference658.31
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
TWO_WAY • 80.2% confidence
Watch664.83
Confirmation664.83
Invalidation651.79
Target671.34
ExtensionN/A
Reversal ConfirmationN/A
SPY Level Outlook — Available Pre-EOD
Today LB — 651.79
REJECT / REVERSAL • up projection 652.45 • down projection 651.14 • projected target 645.28 • today status NOT REACHED
Today LB — 650.43
REJECT / REVERSAL • up projection 650.51 • down projection 650.35 • projected target 644.06 • today status NOT REACHED
Prior UB2 — 664.52
ACCEPT / CONTINUATION • up projection 672.91 • down projection 656.13 • projected target 669.37 • today status NOT REACHED
Prior UB2 — 664.87
ACCEPT / CONTINUATION • up projection 671.63 • down projection 658.10 • projected target 669.78 • today status NOT REACHED
Prior UB3 — 669.37
ACCEPT / CONTINUATION • up projection 672.51 • down projection 666.23 • projected target 669.37 • today status NOT REACHED
Today UB3 — 677.86
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 677.86 • today status NOT REACHED
Today LB3 — 638.76
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 638.76 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation664.83
Primary Target671.34
Hard Invalidation651.79
Target Completed50.0%
Invalidation10.0%
No Completion40.0%
If Day 1 Does Not Complete
Day-2 continuation0.0%
Continuation reference671.34
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 / Close651.32 / 657.03 / 649.88 / 653.18
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.