SPY MARKET OBSERVATION • 2026-04-22

SPY Outlook 2026-04-22 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1713.97
UB2719.21
UB3724.46
LB1703.48
LB2698.24
LB3692.99

Prior Trading Day

UB1711.15
UB2713.13
UB3715.12
LB1707.17
LB2705.19
LB3703.20

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionLONG/SHORT
Accepted LevelPublished Acceptance Zone
Confirmation / Trigger718.45
Projected Target718.45
Current StatusNOT TRIGGERED
SPY Reference708.89

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 Confirmation713.87
Projected Target712.31
Current StatusTARGET REACHED
Hard Invalidation703.72

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 LB — 707.17
OBSERVE NEXT 2
Prior LB2 — 705.19
OBSERVE NEXT 3
Today LB — 703.48
SPY TOMORROW OUTLOOK

LONG • 73.2% confidence

Watch714.06
Confirmation714.06
Invalidation703.72
Target719.24
Extension724.41
Reversal Confirmation709.60

SPY Level Outlook — Available Pre-EOD

Today UB — 714.06
REJECT / REVERSAL • up projection 715.20 • down projection 712.93 • projected target 719.24 • today status NOT REACHED
Today UB — 713.87
REJECT / REVERSAL • up projection 715.94 • down projection 711.81 • projected target 719.19 • today status NOT REACHED
Prior UB — 711.28
REJECT / REVERSAL • up projection 714.54 • down projection 708.01 • projected target 713.26 • today status REACHED
Prior UB — 711.02
REJECT / REVERSAL • up projection 713.40 • down projection 708.63 • projected target 713.00 • today status REACHED
Prior UB3 — 715.25
ACCEPT / CONTINUATION • up projection 718.71 • down projection 711.79 • projected target 715.25 • today status NOT REACHED
Today UB3 — 724.41
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 724.41 • today status NOT REACHED
Prior UB3 — 714.99
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 714.99 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation714.06
Primary Target719.24
Hard Invalidation703.72
Target Completed40.0%
Invalidation20.0%
No Completion40.0%

If Day 1 Does Not Complete

Day-2 continuation25.0%
Continuation reference719.24
Day-2 reversal25.0%
Reversal confirmation709.60

Actual Next-Day Audit

INVALIDATED

The published invalidation price traded during the next regular session.

Open / High / Low / Close709.50 / 712.36 / 702.28 / 708.45
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.