SPY MARKET OBSERVATION • 2026-05-01

SPY Outlook 2026-05-01 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1725.58
UB2728.94
UB3732.30
LB1718.87
LB2715.51
LB3712.15

Prior Trading Day

UB1715.46
UB2718.56
UB3721.66
LB1709.27
LB2706.17
LB3703.07

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, Today UB2
PEER ACCEPTED INTERACTION

Continuation Plan

DirectionSHORT
Accepted LevelPrior LB3
Confirmation / Trigger702.45
Projected Target696.74
Current StatusNOT TRIGGERED
SPY Reference722.10

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 • 73.9% confidence

Watch725.42
Confirmation725.42
Invalidation718.78
Target728.74
ExtensionN/A
Reversal ConfirmationN/A

SPY Level Outlook — Available Pre-EOD

Today UB — 725.42
REJECT / REVERSAL • up projection 727.81 • down projection 723.04 • projected target 728.74 • today status NOT REACHED
Today UB — 725.75
REJECT / REVERSAL • up projection 728.42 • down projection 723.07 • projected target 729.14 • today status NOT REACHED
Prior LB3 — 703.68
ACCEPT / CONTINUATION • up projection 708.21 • down projection 699.15 • projected target 703.68 • today status NOT REACHED
Today LB — 718.96
REJECT / REVERSAL • up projection 721.93 • down projection 715.98 • projected target 715.56 • today status NOT REACHED
Prior LB3 — 702.45
ACCEPT / CONTINUATION • up projection 706.83 • down projection 698.08 • projected target 702.45 • today status NOT REACHED
Prior UB — 714.98
REJECT / REVERSAL • up projection 717.76 • down projection 712.21 • projected target 718.11 • today status NOT REACHED
Today UB3 — 732.07
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 732.07 • today status NOT REACHED
Today LB3 — 712.13
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 712.13 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation725.42
Primary Target728.74
Hard Invalidation718.78
Target Completed30.0%
Invalidation0.0%
No Completion70.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference728.74
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 / Close720.07 / 722.12 / 714.99 / 718.01
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.