SPY MARKET OBSERVATION • 2026-06-23

SPY Outlook 2026-06-23 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1739.37
UB2744.58
UB3749.79
LB1728.94
LB2723.73
LB3718.52

Prior Trading Day

UB1751.97
UB2755.01
UB3758.04
LB1745.91
LB2742.87
LB3739.84

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionSHORT
Accepted LevelPrior LB
Confirmation / Trigger745.16
Projected Target737.69
Current StatusTARGET REACHED
SPY Reference734.40

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

PEER REJECTED INTERACTION

Reversal Plan

DirectionLONG
Rejected LevelPrior LB2
Reversal Confirmation742.25
Projected Target742.53
Current StatusNOT TRIGGERED
Hard Invalidation729.11

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 — 739.37
OBSERVE NEXT 2
Today UB2 — 744.58
OBSERVE NEXT 3
Today UB3 — 749.79
SPY TOMORROW OUTLOOK

TWO_WAY • 67.7% confidence

Watch739.69
Confirmation739.69
Invalidation729.11
Target744.98
ExtensionN/A
Reversal ConfirmationN/A

SPY Level Outlook — Available Pre-EOD

Prior UB3 — 759.25
ACCEPT / CONTINUATION • up projection 762.15 • down projection 756.34 • projected target 759.25 • today status NOT REACHED
Prior UB3 — 756.83
ACCEPT / CONTINUATION • up projection 759.13 • down projection 754.54 • projected target 756.83 • today status NOT REACHED
Today UB — 739.69
REJECT / REVERSAL • up projection 741.57 • down projection 737.81 • projected target 744.98 • today status NOT REACHED
Today UB — 739.05
ACCEPT / CONTINUATION • up projection 741.53 • down projection 736.56 • projected target 744.18 • today status REACHED
Prior UB2 — 753.91
ACCEPT / CONTINUATION • up projection 757.81 • down projection 750.02 • projected target 756.83 • today status NOT REACHED
Today UB2 — 744.18
REJECT / REVERSAL • up projection 744.24 • down projection 744.13 • projected target 749.32 • today status NOT REACHED
Today UB3 — 750.26
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 750.26 • today status NOT REACHED
Today LB3 — 718.54
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 718.54 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation739.69
Primary Target744.98
Hard Invalidation729.11
Target Completed40.0%
Invalidation10.0%
No Completion50.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference744.98
Day-2 reversal0.0%
Reversal confirmationN/A

Actual Next-Day Audit

CONFIRMED_UNRESOLVED

The published confirmation price traded during the next regular session; target and invalidation were not reached.

Open / High / Low / Close735.17 / 739.95 / 730.84 / 733.24
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.