SPY MARKET OBSERVATION • 2026-07-16
SPY Outlook 2026-07-16 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1754.68
UB2757.43
UB3760.17
LB1749.20
LB2746.45
LB3743.71
Prior Trading Day
UB1757.54
UB2760.07
UB3762.60
LB1752.48
LB2749.95
LB3747.42
ACCEPT / REJECT / INTERLEAVED Structure
Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior UB3
Rejected LevelsPrior UB, Prior UB2, Today LB, Today LB2, Today UB, Today UB2
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionSHORT
Accepted LevelToday LB
Confirmation / Trigger749.47
Projected Target746.36
Current StatusCONFIRMED
SPY Reference751.70
General market information only. Reaching a published level is not an instruction to place a trade.
PEER REJECTED INTERACTION
Reversal Plan
DirectionLONG
Rejected LevelToday LB
Reversal Confirmation748.92
Projected Target750.94
Current StatusTARGET REACHED
Hard Invalidation754.48
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 — 754.68
OBSERVE NEXT 2
Today UB2 — 757.43
OBSERVE NEXT 3
Prior UB — 757.54
SPY TOMORROW OUTLOOK
SHORT • 57.6% confidence
Watch748.92
Confirmation748.92
Invalidation754.48
Target746.14
Extension743.36
Reversal Confirmation752.21
SPY Level Outlook — Available Pre-EOD
Today LB — 748.92
ACCEPT / CONTINUATION • up projection 752.80 • down projection 745.04 • projected target 746.14 • today status REACHED
Today LB — 749.47
ACCEPT / CONTINUATION • up projection 753.03 • down projection 745.91 • projected target 746.76 • today status REACHED
Prior UB — 757.68
ACCEPT / CONTINUATION • up projection 761.84 • down projection 753.52 • projected target 760.17 • today status NOT REACHED
Prior UB — 757.40
ACCEPT / CONTINUATION • up projection 761.52 • down projection 753.28 • projected target 759.96 • today status NOT REACHED
Today LB2 — 746.14
REJECT / REVERSAL • up projection 748.72 • down projection 743.55 • projected target 743.36 • today status NOT REACHED
Today LB3 — 743.36
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 743.36 • today status NOT REACHED
Prior LB3 — 747.13
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 747.13 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation748.92
Primary Target746.14
Hard Invalidation754.48
Target Completed33.3%
Invalidation55.6%
No Completion11.1%
If Day 1 Does Not Complete
Day-2 continuation0.0%
Continuation reference746.14
Day-2 reversal100.0%
Reversal confirmation752.21
Actual Next-Day Audit
TARGET_REACHED
The published target price traded during the next regular session.
Open / High / Low / Close742.08 / 747.29 / 740.80 / 743.29
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.