SPY DAILY OUTLOOK • 2026-05-06
SPY Outlook 2026-05-06 — Key Levels, Projected Move & Tomorrow Bias
This daily SPY outlook preserves the published opening structure, key price bands, next observed values, Tomorrow Bias, peer level-band forecast, and the subsequent outcome audit when available.
Opening SPY Structure
09:35 SPY729.08
Synthetic731.55
Range Unit2.55
Market StateDIRECTIONAL • Synthetic Dislocation Reversion
Tomorrow Bias
DirectionLONG
Confidence72.5%
Sample10
Confirmation731.63
Invalidation726.53
Next Target734.18
SPY Key Levels
UB1731.63
UB2734.18
UB3736.74
LB1726.53
LB2723.98
LB3721.42
Accepted Structure
No accepted labels published.
Rejected Structure
No rejected labels published.
Next Values We Are Observing
No active next-value ladder was published for this session.
Peer Level-Band Forecast — Available Pre-EOD
Test rate and expected move come from completed historical peers. Upper/lower prices are calculated now and do not require today's EOD. Today's acceptance or rejection remains a separate live event.
Prior 09:30 Synthetic — 716.37
Expected test 31.3% • Accept 100.0% • Reject 0.0% • Expected move 7.52
EXPECTED ACCEPT / CONTINUATION
Synthetic 09:30 — 723.26
Expected test 35.3% • Accept 83.3% • Reject 16.7% • Expected move 8.19
EXPECTED ACCEPT / CONTINUATION
Synthetic 09:35 — 731.55
Expected test 23.5% • Accept 100.0% • Reject 0.0% • Expected move 6.55
EXPECTED ACCEPT / CONTINUATION
Prior 09:35 Synthetic — 724.27
Expected test 25.0% • Accept 100.0% • Reject 0.0% • Expected move 5.17
EXPECTED ACCEPT / CONTINUATION
Prior 09:30 LB — 719.03
Expected test 62.5% • Accept 60.0% • Reject 40.0% • Expected move 6.00
EXPECTED ACCEPT / CONTINUATION
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation731.63
Favorable Observation Level732.57
Primary Target734.18
Invalidation726.53
Target Completed40.0%
No Completion50.0%
Conditional Day-2 History
Continuation40.0%
Reversal40.0%
Still unresolved20.0%
Actual Next-Day Audit
TARGET_COMPLETED
The primary Tomorrow Bias route completed at its mapped target.
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.