SPY MARKET OBSERVATION • 2026-06-05
SPY Outlook 2026-06-05 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1755.10
UB2758.11
UB3761.11
LB1749.08
LB2746.07
LB3743.07
Prior Trading Day
UB1755.59
UB2758.26
UB3760.93
LB1750.24
LB2747.57
LB3744.90
ACCEPT / REJECT / INTERLEAVED Structure
Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB3, Prior UB, Prior UB3, Today LB3
Rejected LevelsPrior LB, Prior LB2, Prior UB2, Today LB, Today LB2, Today UB, Today UB2
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionLONG
Accepted LevelPrior UB
Confirmation / Trigger755.56
Projected Target761.15
Current StatusNOT TRIGGERED
SPY Reference751.59
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 Confirmation755.53
Projected Target755.42
Current StatusTARGET REACHED
Hard Invalidation754.67
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
Prior LB — 750.24
OBSERVE NEXT 2
Today LB — 749.08
OBSERVE NEXT 3
Prior LB2 — 747.57
SPY TOMORROW OUTLOOK
SHORT • 74.4% confidence
Watch748.51
Confirmation748.51
Invalidation754.67
Target745.43
Extension742.35
Reversal Confirmation752.54
SPY Level Outlook — Available Pre-EOD
Today UB — 754.67
REJECT / REVERSAL • up projection 756.99 • down projection 752.35 • projected target 757.75 • today status NOT REACHED
Prior LB — 750.28
REJECT / REVERSAL • up projection 753.35 • down projection 747.22 • projected target 747.65 • today status REACHED
Today LB — 749.65
REJECT / REVERSAL • up projection 752.54 • down projection 746.77 • projected target 746.72 • today status REACHED
Prior LB — 750.20
REJECT / REVERSAL • up projection 753.05 • down projection 747.35 • projected target 747.49 • today status REACHED
Prior LB3 — 745.01
ACCEPT / CONTINUATION • up projection 748.97 • down projection 741.05 • projected target 745.01 • today status REACHED
Today LB3 — 742.35
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 742.35 • today status REACHED
Prior LB3 — 744.78
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 744.78 • today status REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation748.51
Primary Target745.43
Hard Invalidation754.67
Target Completed60.0%
Invalidation30.0%
No Completion20.0%
If Day 1 Does Not Complete
Day-2 continuation0.0%
Continuation reference745.43
Day-2 reversal100.0%
Reversal confirmation752.54
Actual Next-Day Audit
UNRESOLVED
The next regular session did not trade at the published confirmation, target, or invalidation price.
Open / High / Low / Close743.36 / 745.34 / 738.19 / 739.22
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.