SPY MARKET OBSERVATION • 2026-07-20
SPY Outlook 2026-07-20 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1752.16
UB2756.24
UB3760.32
LB1744.01
LB2739.93
LB3735.85
Prior Trading Day
UB1746.25
UB2751.22
UB3756.18
LB1736.32
LB2731.35
LB3726.39
ACCEPT / REJECT / INTERLEAVED Structure
Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior UB3, Today LB, Today LB3
Rejected LevelsPrior LB, Prior LB2, Prior UB, Today LB2, Today UB, Today UB2
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionSHORT
Accepted LevelToday LB
Confirmation / Trigger743.90
Projected Target739.20
Current StatusCONFIRMED
SPY Reference748.16
General market information only. Reaching a published level is not an instruction to place a trade.
PEER REJECTED INTERACTION
Reversal Plan
DirectionSHORT
Rejected LevelPrior UB
Reversal Confirmation746.41
Projected Target744.66
Current StatusTARGET REACHED
Hard Invalidation752.20
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 — 744.01
OBSERVE NEXT 2
Today LB2 — 739.93
OBSERVE NEXT 3
Prior LB — 736.32
SPY TOMORROW OUTLOOK
SHORT • 62.6% confidence
Watch744.12
Confirmation744.12
Invalidation752.20
Target740.08
Extension736.04
Reversal Confirmation747.84
SPY Level Outlook — Available Pre-EOD
Today LB — 744.12
ACCEPT / CONTINUATION • up projection 747.52 • down projection 740.72 • projected target 740.08 • today status REACHED
Today LB — 743.90
ACCEPT / CONTINUATION • up projection 747.13 • down projection 740.66 • projected target 739.78 • today status REACHED
Prior UB — 746.09
ACCEPT / CONTINUATION • up projection 750.25 • down projection 741.93 • projected target 751.13 • today status REACHED
Prior UB — 746.41
ACCEPT / CONTINUATION • up projection 750.53 • down projection 742.29 • projected target 751.31 • today status REACHED
Today LB3 — 736.04
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 736.04 • today status NOT REACHED
Prior 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
Confirmation744.12
Primary Target740.08
Hard Invalidation752.20
Target Completed30.0%
Invalidation20.0%
No Completion50.0%
If Day 1 Does Not Complete
Day-2 continuation20.0%
Continuation reference740.08
Day-2 reversal20.0%
Reversal confirmation747.84
Actual Next-Day Audit
UNRESOLVED
The next regular session did not trade at the published confirmation, target, or invalidation price.
Open / High / Low / Close746.29 / 749.04 / 744.19 / 748.28
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.