SPY DAILY OUTLOOK • 2026-07-21

SPY Outlook 2026-07-21 — Key Levels, Projected Move & Tomorrow Bias

This daily SPY outlook preserves the published opening structure, key price bands, next observed values, Tomorrow Bias, peer level-band forecast, and the subsequent outcome audit when available.

Opening SPY Structure

09:35 SPY745.27

Synthetic745.10

Range Unit3.95

Market StatePINNING • Inside Compression → Expansion

Tomorrow Bias

DirectionLONG

Confidence79.5%

Sample10

Confirmation749.22

Invalidation741.32

Next Target753.17

SPY Key Levels

UB1749.22

UB2753.17

UB3757.12

LB1741.32

LB2737.37

LB3733.42

Accepted Structure

No accepted labels published.

Rejected Structure

No rejected labels published.

Next Values We Are Observing

No active next-value ladder was published for this session.

Peer Level-Band Forecast — Available Pre-EOD

Test rate and expected move come from completed historical peers. Upper/lower prices are calculated now and do not require today's EOD. Today's acceptance or rejection remains a separate live event.

Prior 09:30 UB2 — 756.24

Expected test 50.0% • Accept 14.3% • Reject 85.7% • Expected move 2.73

EXPECTED REJECT / REVERSAL RISK

Prior 09:30 Synthetic — 757.38

Expected test 35.7% • Accept 100.0% • Reject 0.0% • Expected move 5.42

EXPECTED ACCEPT / CONTINUATION

Synthetic 09:35 — 745.10

Expected test 35.7% • Accept 80.0% • Reject 20.0% • Expected move 5.12

EXPECTED ACCEPT / CONTINUATION

Prior 09:35 Synthetic — 752.28

Expected test 35.7% • Accept 80.0% • Reject 20.0% • Expected move 4.92

EXPECTED ACCEPT / CONTINUATION

Prior 09:30 UB — 752.12

Expected test 42.9% • Accept 66.7% • Reject 33.3% • Expected move 3.28

EXPECTED ACCEPT / CONTINUATION

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation749.22

Favorable Observation Level751.30

Primary Target753.17

Invalidation741.32

Target Completed50.0%

No Completion40.0%

Conditional Day-2 History

Continuation50.0%

Reversal25.0%

Still unresolved25.0%

Actual Next-Day Audit

DAY_1_UNFINISHED

Day 1 touched neither target nor invalidation, so the prediction remains unfinished rather than proven correct or wrong.

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.