SPY MARKET OBSERVATION • 2026-04-27
SPY Outlook 2026-04-27 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1716.09
UB2718.16
UB3720.23
LB1711.94
LB2709.87
LB3707.80
Prior Trading Day
UB1714.51
UB2718.95
UB3723.38
LB1705.63
LB2701.19
LB3696.76
ACCEPT / REJECT / INTERLEAVED Structure
Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB, Prior LB3
Rejected LevelsPrior LB2, Prior UB, Prior UB2, Today LB, Today UB, Today UB2
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionSHORT
Accepted LevelPrior LB
Confirmation / Trigger705.36
Projected Target695.21
Current StatusNOT TRIGGERED
SPY Reference714.33
General market information only. Reaching a published level is not an instruction to place a trade.
PEER REJECTED INTERACTION
Reversal Plan
DirectionSHORT
Rejected LevelToday UB2
Reversal Confirmation717.84
Projected Target715.85
Current StatusTARGET REACHED
Hard Invalidation712.26
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 LB — 711.94
OBSERVE NEXT 2
Today LB2 — 709.87
OBSERVE NEXT 3
Today LB3 — 707.80
SPY TOMORROW OUTLOOK
LONG • 62.6% confidence
Watch716.40
Confirmation716.40
Invalidation712.26
Target718.47
Extension720.54
Reversal Confirmation712.74
SPY Level Outlook — Available Pre-EOD
Prior UB — 714.71
REJECT / REVERSAL • up projection 715.60 • down projection 713.83 • projected target 719.12 • today status REACHED
Today LB — 712.26
REJECT / REVERSAL • up projection 714.78 • down projection 709.74 • projected target 710.19 • today status NOT REACHED
Today LB — 711.63
REJECT / REVERSAL • up projection 713.42 • down projection 709.84 • projected target 709.56 • today status NOT REACHED
Prior LB — 705.36
REJECT / REVERSAL • up projection 706.74 • down projection 703.98 • projected target 700.89 • today status NOT REACHED
Today UB3 — 720.54
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 720.54 • today status NOT REACHED
Prior UB3 — 723.52
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 723.52 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation716.40
Primary Target718.47
Hard Invalidation712.26
Target Completed20.0%
Invalidation20.0%
No Completion60.0%
If Day 1 Does Not Complete
Day-2 continuation0.0%
Continuation reference718.47
Day-2 reversal50.0%
Reversal confirmation712.74
Actual Next-Day Audit
INVALIDATED
The published invalidation price traded during the next regular session.
Open / High / Low / Close711.82 / 712.88 / 709.25 / 711.69
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.