SPY MARKET OBSERVATION • 2026-07-21
SPY Outlook 2026-07-21 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1749.42
UB2753.41
UB3757.40
LB1741.45
LB2737.46
LB3733.47
Prior Trading Day
UB1752.16
UB2756.24
UB3760.32
LB1744.01
LB2739.93
LB3735.85
ACCEPT / REJECT / INTERLEAVED Structure
Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB, Prior LB3, Prior UB3, Today LB2, Today LB3, Today UB3
Rejected LevelsPrior LB2, Prior UB, Prior UB2, Today LB, Today UB, Today UB2
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionSHORT
Accepted LevelPrior LB3
Confirmation / Trigger735.67
Projected Target731.87
Current StatusNOT TRIGGERED
SPY Reference745.27
General market information only. Reaching a published level is not an instruction to place a trade.
PEER REJECTED INTERACTION
Reversal Plan
DirectionSHORT
Rejected LevelToday UB
Reversal Confirmation749.63
Projected Target747.80
Current StatusTARGET REACHED
Hard Invalidation741.32
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
Prior LB — 744.01
OBSERVE NEXT 2
Today LB — 741.45
OBSERVE NEXT 3
Prior LB2 — 739.93
SPY TOMORROW OUTLOOK
LONG • 79.5% confidence
Watch749.22
Confirmation749.22
Invalidation741.32
Target753.17
Extension757.12
Reversal Confirmation745.49
SPY Level Outlook — Available Pre-EOD
Prior UB2 — 756.24
REJECT / REVERSAL • up projection 758.97 • down projection 753.51 • projected target 760.35 • today status NOT REACHED
Prior UB — 752.12
ACCEPT / CONTINUATION • up projection 755.41 • down projection 748.84 • projected target 756.24 • today status NOT REACHED
Prior UB2 — 756.24
REJECT / REVERSAL • up projection 759.87 • down projection 752.61 • projected target 760.28 • today status NOT REACHED
Prior UB — 752.20
REJECT / REVERSAL • up projection 754.85 • down projection 749.55 • projected target 756.24 • today status NOT REACHED
Today UB3 — 757.12
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 757.12 • today status NOT REACHED
Prior UB3 — 760.28
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 760.28 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation749.22
Primary Target753.17
Hard Invalidation741.32
Target Completed50.0%
Invalidation10.0%
No Completion40.0%
If Day 1 Does Not Complete
Day-2 continuation50.0%
Continuation reference753.17
Day-2 reversal25.0%
Reversal confirmation745.49
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 / Close746.62 / 750.02 / 746.37 / 747.41
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.