SPY MARKET OBSERVATION • 2026-04-16
SPY Outlook 2026-04-16 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1703.10
UB2705.38
UB3707.65
LB1698.54
LB2696.26
LB3693.99
Prior Trading Day
UB1698.57
UB2701.11
UB3703.65
LB1693.49
LB2690.95
LB3688.41
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 LB2, Today UB, Today UB2
PEER REJECTED INTERACTION
Reversal Plan
DirectionLONG
Rejected LevelToday LB
Reversal Confirmation698.28
Projected Target700.79
Current StatusTARGET REACHED
Hard Invalidation698.28
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 UB2 — 701.11
OBSERVE NEXT 2
Today UB — 703.10
OBSERVE NEXT 3
Prior UB3 — 703.65
SPY TOMORROW OUTLOOK
TWO_WAY • 86.9% confidence
Watch702.90
Confirmation702.90
Invalidation698.28
Target705.21
ExtensionN/A
Reversal ConfirmationN/A
SPY Level Outlook — Available Pre-EOD
Prior LB — 693.28
ACCEPT / CONTINUATION • up projection 701.22 • down projection 685.33 • projected target 690.77 • today status NOT REACHED
Prior LB — 693.70
ACCEPT / CONTINUATION • up projection 702.86 • down projection 684.55 • projected target 691.13 • today status NOT REACHED
Today LB — 698.81
ACCEPT / CONTINUATION • up projection 704.26 • down projection 693.35 • projected target 696.56 • today status REACHED
Prior LB2 — 690.77
REJECT / REVERSAL • up projection 696.89 • down projection 684.65 • projected target 688.27 • today status NOT REACHED
Prior LB2 — 691.13
REJECT / REVERSAL • up projection 697.15 • down projection 685.10 • projected target 688.55 • today status NOT REACHED
Prior LB3 — 688.27
ACCEPT / CONTINUATION • up projection 695.86 • down projection 680.67 • projected target 688.27 • today status NOT REACHED
Today UB3 — 707.53
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 707.53 • today status NOT REACHED
Today LB3 — 693.65
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 693.65 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation702.90
Primary Target705.21
Hard Invalidation698.28
Target Completed60.0%
Invalidation0.0%
No Completion40.0%
If Day 1 Does Not Complete
Day-2 continuation0.0%
Continuation reference705.21
Day-2 reversal0.0%
Reversal confirmationN/A
Actual Next-Day Audit
UNRESOLVED
The next regular session did not trade at the published confirmation, target, or invalidation price.
Open / High / Low / Close706.14 / 712.39 / 705.76 / 710.14
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.