SPY MARKET OBSERVATION • 2026-05-11

SPY Outlook 2026-05-11 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1739.61
UB2741.46
UB3743.30
LB1735.93
LB2734.08
LB3732.24

Prior Trading Day

UB1738.85
UB2742.60
UB3746.35
LB1731.35
LB2727.60
LB3723.85

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionLONG
Accepted LevelPrior UB3
Confirmation / Trigger745.95
Projected Target748.23
Current StatusNOT TRIGGERED
SPY Reference737.60

General market information only. Reaching a published level is not an instruction to place a trade.

PEER REJECTED INTERACTION

Reversal Plan

DirectionWAIT
Rejected LevelPublished Rejection Zone
Reversal Confirmation736.08
Projected Target736.08
Current StatusNOT TRIGGERED
Hard Invalidation735.76

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 • 86.9% confidence

Watch739.44
Confirmation739.44
Invalidation735.76
Target741.29
ExtensionN/A
Reversal ConfirmationN/A

SPY Level Outlook — Available Pre-EOD

Prior LB — 731.45
ACCEPT / CONTINUATION • up projection 737.45 • down projection 725.45 • projected target 727.62 • today status NOT REACHED
Prior LB — 731.26
ACCEPT / CONTINUATION • up projection 738.01 • down projection 724.50 • projected target 727.58 • today status NOT REACHED
Today LB — 736.10
ACCEPT / CONTINUATION • up projection 740.05 • down projection 732.14 • projected target 734.25 • today status NOT REACHED
Today LB — 735.76
REJECT / REVERSAL • up projection 739.66 • down projection 731.85 • projected target 733.91 • today status NOT REACHED
Today UB3 — 743.13
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 743.13 • today status NOT REACHED
Today LB3 — 732.07
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 732.07 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation739.44
Primary Target741.29
Hard Invalidation735.76
Target Completed60.0%
Invalidation0.0%
No Completion40.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference741.29
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 / Close736.89 / 738.84 / 731.83 / 738.18
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.