SPY MARKET OBSERVATION • 2026-07-28
SPY Outlook 2026-07-28 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1741.22
UB2744.47
UB3747.72
LB1734.73
LB2731.48
LB3728.23
Prior Trading Day
UB1748.98
UB2753.15
UB3757.32
LB1740.64
LB2736.47
LB3732.30
ACCEPT / REJECT / INTERLEAVED Structure
Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB3, Prior UB, Today LB3
Rejected LevelsPrior LB, Prior LB2, Prior UB2, Today LB, Today LB2, Today UB
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionSHORT
Accepted LevelPrior LB3
Confirmation / Trigger732.15
Projected Target726.14
Current StatusNOT TRIGGERED
SPY Reference737.79
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 Confirmation741.11
Projected Target740.29
Current StatusTARGET REACHED
Hard Invalidation734.47
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 LB2 — 736.47
OBSERVE NEXT 2
Today LB — 734.73
OBSERVE NEXT 3
Prior LB3 — 732.30
SPY TOMORROW OUTLOOK
LONG • 57.1% confidence
Watch741.11
Confirmation741.11
Invalidation734.47
Target744.43
Extension747.75
Reversal Confirmation736.65
SPY Level Outlook — Available Pre-EOD
Prior UB — 748.83
ACCEPT / CONTINUATION • up projection 752.74 • down projection 744.92 • projected target 753.00 • today status NOT REACHED
Prior UB — 749.13
ACCEPT / CONTINUATION • up projection 752.95 • down projection 745.31 • projected target 753.30 • today status NOT REACHED
Prior UB2 — 753.00
REJECT / REVERSAL • up projection 754.39 • down projection 751.61 • projected target 757.17 • today status NOT REACHED
Prior UB2 — 753.30
REJECT / REVERSAL • up projection 754.36 • down projection 752.25 • projected target 757.48 • today status NOT REACHED
Today LB — 734.47
REJECT / REVERSAL • up projection 737.76 • down projection 731.18 • projected target 731.15 • today status NOT REACHED
Today LB — 734.99
REJECT / REVERSAL • up projection 738.10 • down projection 731.87 • projected target 731.81 • today status NOT REACHED
Today UB3 — 747.75
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 747.75 • today status NOT REACHED
Prior UB3 — 757.48
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 757.48 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation741.11
Primary Target744.43
Hard Invalidation734.47
Target Completed30.0%
Invalidation30.0%
No Completion40.0%
If Day 1 Does Not Complete
Day-2 continuation50.0%
Continuation reference744.43
Day-2 reversal25.0%
Reversal confirmation736.65
Actual Next-Day Audit
INVALIDATED
The published invalidation price traded during the next regular session.
Open / High / Low / Close739.97 / 742.67 / 729.10 / 729.46
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.