SPY MARKET OBSERVATION • 2026-04-21
SPY Outlook 2026-04-21 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1711.15
UB2713.13
UB3715.12
LB1707.17
LB2705.19
LB3703.20
Prior Trading Day
UB1711.51
UB2714.17
UB3716.83
LB1706.20
LB2703.54
LB3700.88
ACCEPT / REJECT / INTERLEAVED Structure
Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB2, Prior LB3, Today LB3
Rejected LevelsPrior LB, Prior UB, Today LB, Today LB2, Today UB, Today UB2
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionSHORT
Accepted LevelPrior LB3
Confirmation / Trigger700.50
Projected Target695.93
Current StatusNOT TRIGGERED
SPY Reference709.03
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 Confirmation707.30
Projected Target709.53
Current StatusTARGET REACHED
Hard Invalidation711.02
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 — 711.15
OBSERVE NEXT 2
Prior UB — 711.51
OBSERVE NEXT 3
Today UB2 — 713.13
SPY TOMORROW OUTLOOK
SHORT • 72.0% confidence
Watch707.04
Confirmation707.04
Invalidation711.02
Target705.06
Extension703.07
Reversal Confirmation709.45
SPY Level Outlook — Available Pre-EOD
Today UB — 711.02
REJECT / REVERSAL • up projection 713.61 • down projection 708.42 • projected target 713.00 • today status REACHED
Today LB — 707.30
REJECT / REVERSAL • up projection 709.94 • down projection 704.67 • projected target 705.32 • today status REACHED
Prior LB3 — 701.26
ACCEPT / CONTINUATION • up projection 705.79 • down projection 696.73 • projected target 701.26 • today status NOT REACHED
Prior LB3 — 700.50
ACCEPT / CONTINUATION • up projection 704.88 • down projection 696.12 • projected target 700.50 • today status NOT REACHED
Today LB — 707.04
REJECT / REVERSAL • up projection 710.09 • down projection 704.00 • projected target 705.06 • today status REACHED
Prior LB — 705.89
REJECT / REVERSAL • up projection 708.59 • down projection 703.19 • projected target 703.19 • today status REACHED
Today LB3 — 703.07
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 703.07 • today status REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation707.04
Primary Target705.06
Hard Invalidation711.02
Target Completed50.0%
Invalidation30.0%
No Completion30.0%
If Day 1 Does Not Complete
Day-2 continuation33.3%
Continuation reference705.06
Day-2 reversal66.7%
Reversal confirmation709.45
Actual Next-Day Audit
INVALIDATED
The published invalidation price traded during the next regular session.
Open / High / Low / Close709.15 / 711.45 / 708.22 / 711.21
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.