SPY MARKET OBSERVATION • 2026-05-18
SPY Outlook 2026-05-18 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1741.57
UB2744.53
UB3747.48
LB1735.67
LB2732.71
LB3729.76
Prior Trading Day
UB1743.69
UB2747.72
UB3751.75
LB1735.62
LB2731.59
LB3727.56
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 LB2, Today UB, Today UB2
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionSHORT
Accepted LevelPrior LB3
Confirmation / Trigger726.95
Projected Target722.79
Current StatusNOT TRIGGERED
SPY Reference738.73
General market information only. Reaching a published level is not an instruction to place a trade.
PEER REJECTED INTERACTION
Reversal Plan
DirectionSHORT
Rejected LevelToday UB
Reversal Confirmation741.68
Projected Target740.31
Current StatusTARGET REACHED
Hard Invalidation741.68
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 — 735.67
OBSERVE NEXT 2
Prior LB — 735.62
OBSERVE NEXT 3
Today LB2 — 732.71
SPY TOMORROW OUTLOOK
SHORT • 59.6% confidence
Watch735.78
Confirmation735.78
Invalidation741.68
Target732.82
Extension729.87
Reversal Confirmation738.13
SPY Level Outlook — Available Pre-EOD
Today UB — 741.68
REJECT / REVERSAL • up projection 743.88 • down projection 739.49 • projected target 744.64 • today status NOT REACHED
Prior LB3 — 728.17
ACCEPT / CONTINUATION • up projection 732.70 • down projection 723.64 • projected target 728.17 • today status NOT REACHED
Prior LB3 — 726.95
ACCEPT / CONTINUATION • up projection 731.33 • down projection 722.58 • projected target 726.95 • today status NOT REACHED
Today LB — 735.56
REJECT / REVERSAL • up projection 738.50 • down projection 732.61 • projected target 732.60 • today status REACHED
Today UB — 741.46
REJECT / REVERSAL • up projection 743.90 • down projection 739.03 • projected target 744.42 • today status NOT REACHED
Today LB3 — 729.87
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 729.87 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation735.78
Primary Target732.82
Hard Invalidation741.68
Target Completed40.0%
Invalidation40.0%
No Completion30.0%
If Day 1 Does Not Complete
Day-2 continuation33.3%
Continuation reference732.82
Day-2 reversal66.7%
Reversal confirmation738.13
Actual Next-Day Audit
TARGET_REACHED
The published target price traded during the next regular session.
Open / High / Low / Close734.78 / 737.65 / 731.53 / 733.73
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.