SPY MARKET OBSERVATION • 2026-05-15

SPY Outlook 2026-05-15 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1743.69
UB2747.72
UB3751.75
LB1735.62
LB2731.59
LB3727.56

Prior Trading Day

UB1747.93
UB2750.80
UB3753.67
LB1742.19
LB2739.32
LB3736.45

ACCEPT / REJECT / INTERLEAVED Structure

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

Reversal Plan

DirectionLONG
Rejected LevelToday LB
Reversal Confirmation736.16
Projected Target736.42
Current StatusTARGET REACHED
Hard Invalidation735.08

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 UB — 743.69
OBSERVE NEXT 2
Today UB2 — 747.72
OBSERVE NEXT 3
Prior UB — 747.93
SPY TOMORROW OUTLOOK

TWO_WAY • 85.9% confidence

Watch743.22
Confirmation743.22
Invalidation735.08
Target747.28
ExtensionN/A
Reversal ConfirmationN/A

SPY Level Outlook — Available Pre-EOD

Today UB — 743.22
ACCEPT / CONTINUATION • up projection 751.33 • down projection 735.10 • projected target 747.28 • today status REACHED
Today UB — 744.16
ACCEPT / CONTINUATION • up projection 750.63 • down projection 737.68 • projected target 748.15 • today status NOT REACHED
Prior LB — 742.40
REJECT / REVERSAL • up projection 747.55 • down projection 737.26 • projected target 739.50 • today status REACHED
Prior LB — 741.98
REJECT / REVERSAL • up projection 746.35 • down projection 737.61 • projected target 739.15 • today status REACHED
Today UB2 — 747.28
REJECT / REVERSAL • up projection 750.69 • down projection 743.87 • projected target 751.35 • today status NOT REACHED
Today UB2 — 748.15
REJECT / REVERSAL • up projection 750.03 • down projection 746.27 • projected target 752.15 • today status NOT REACHED
Today UB3 — 751.35
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 751.35 • today status NOT REACHED
Today LB3 — 726.95
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 726.95 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation743.22
Primary Target747.28
Hard Invalidation735.08
Target Completed50.0%
Invalidation0.0%
No Completion50.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference747.28
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 / Close739.83 / 741.42 / 733.39 / 738.65
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.