SPY MARKET OBSERVATION • 2026-07-17

SPY Outlook 2026-07-17 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1746.25
UB2751.22
UB3756.18
LB1736.32
LB2731.35
LB3726.39

Prior Trading Day

UB1754.68
UB2757.43
UB3760.17
LB1749.20
LB2746.45
LB3743.71

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionSHORT
Accepted LevelPrior LB
Confirmation / Trigger749.47
Projected Target742.16
Current StatusTARGET REACHED
SPY Reference741.52

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 Confirmation746.76
Projected Target749.64
Current StatusCONFIRMED
Hard Invalidation736.63

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 — 746.25
OBSERVE NEXT 2
Today UB2 — 751.22
OBSERVE NEXT 3
Prior UB — 754.68
SPY TOMORROW OUTLOOK

TWO_WAY • 85.9% confidence

Watch746.41
Confirmation746.41
Invalidation736.63
Target751.31
ExtensionN/A
Reversal ConfirmationN/A

SPY Level Outlook — Available Pre-EOD

Prior LB2 — 746.76
REJECT / REVERSAL • up projection 752.42 • down projection 741.11 • projected target 744.06 • today status REACHED
Prior LB2 — 746.14
ACCEPT / CONTINUATION • up projection 751.75 • down projection 740.52 • projected target 743.36 • today status REACHED
Prior LB — 749.47
ACCEPT / CONTINUATION • up projection 759.24 • down projection 739.71 • projected target 746.76 • today status NOT REACHED
Prior LB — 748.92
ACCEPT / CONTINUATION • up projection 758.62 • down projection 739.22 • projected target 746.14 • today status NOT REACHED
Prior LB3 — 744.06
ACCEPT / CONTINUATION • up projection 748.30 • down projection 739.81 • projected target 744.06 • today status REACHED
Prior LB3 — 743.36
ACCEPT / CONTINUATION • up projection 747.43 • down projection 739.28 • projected target 743.36 • today status REACHED
Today LB — 736.01
ACCEPT / CONTINUATION • up projection 739.28 • down projection 732.74 • projected target 730.97 • today status NOT REACHED
Today UB3 — 756.20
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 756.20 • today status NOT REACHED
Today LB3 — 726.84
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 726.84 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation746.41
Primary Target751.31
Hard Invalidation736.63
Target Completed50.0%
Invalidation0.0%
No Completion50.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference751.31
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 / Close747.06 / 748.73 / 741.51 / 742.09
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.