SPY NEXT MOVE
SPY DAILY OUTLOOK • 2026-07-23

SPY Outlook 2026-07-23 — 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 SPY741.45
Synthetic743.46
Range Unit3.56
Market StateDIRECTIONAL • Inside Compression → Breakdown

Tomorrow Bias

DirectionSHORT
Confidence77.1%
Sample10
Confirmation737.89
Invalidation745.01
Next Target734.33

SPY Key Levels

UB1745.01
UB2748.57
UB3752.13
LB1737.89
LB2734.33
LB3730.77

Accepted Structure

Prior 09:30 LB3Prior LB3Synthetic 09:35Today 09:30 UB3Today UB3

Rejected Structure

Prior 09:30 LBPrior 09:30 LB2Prior 09:30 UBPrior 09:30 UB2Prior LBPrior LB2Prior UBPrior UB2Today 09:30 LBToday 09:30 LB2Today 09:30 UBToday 09:30 UB2Today LBToday LB2Today UBToday UB2

Next Values We Are Observing

Historical primary path was LONG/SHORT, but the active reversal path is LONG. Observe the LONG ladder next; these are the next live prices to monitor, not guaranteed hits.

OBSERVE NEXT 1
Today UB — 745.01
OBSERVE NEXT 2
Today UB2 — 748.57
OBSERVE NEXT 3
Today UB3 — 752.13

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.

Synthetic 09:35 — 743.46
Expected test 51.6% • Accept 81.3% • Reject 18.8% • Expected move 6.79
EXPECTED ACCEPT / CONTINUATION
Synthetic 09:30 — 744.65
Expected test 35.5% • Accept 72.7% • Reject 27.3% • Expected move 6.28
EXPECTED ACCEPT / CONTINUATION
Today 09:30 LB — 737.78
Expected test 41.9% • Accept 53.9% • Reject 46.1% • Expected move 4.77
EXPECTED ACCEPT / CONTINUATION
Today LB — 737.89
Expected test 41.9% • Accept 53.9% • Reject 46.1% • Expected move 4.63
EXPECTED ACCEPT / CONTINUATION
Prior 09:30 LB — 745.40
Expected test 38.7% • Accept 58.3% • Reject 41.7% • Expected move 4.78
EXPECTED ACCEPT / CONTINUATION

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation737.89
Favorable Observation Level736.19
Primary Target734.33
Invalidation745.01
Target Completed60.0%
No Completion20.0%

Conditional Day-2 History

Continuation50.0%
Reversal50.0%
Still unresolved0.0%

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.