SPY DAILY OUTLOOK • 2026-07-31

SPY Outlook 2026-07-31 — 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 SPY744.15

Synthetic741.47

Range Unit3.72

Market StateDIRECTIONAL • Synthetic Dislocation Reversion

Tomorrow Bias

DirectionLONG

Confidence60.9%

Sample9

Confirmation747.87

Invalidation740.43

Next Target751.59

SPY Key Levels

UB1747.87

UB2751.59

UB3755.31

LB1740.43

LB2736.71

LB3732.99

Accepted Structure

Prior 09:30 LBPrior 09:30 LB2Prior 09:30 LB3Prior 09:30 SyntheticPrior 09:30 UBPrior 09:30 UB2Prior 09:30 UB3Prior LBPrior LB2Prior LB3Prior UBPrior UB2Prior UB3Synthetic 09:30Today 09:30 LB2Today 09:30 LB3Today 09:30 UBToday LB2Today LB3Today UB

Rejected Structure

Today 09:30 LBToday 09:30 UB2Today LBToday UB2

Next Values We Are Observing

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

OBSERVE NEXT 1

Today LB — 740.43

OBSERVE NEXT 2

Today LB2 — 736.71

OBSERVE NEXT 3

Today LB3 — 732.99

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 Synthetic — 747.51

Expected test 34.1% • Accept 100.0% • Reject 0.0% • Expected move 6.01

EXPECTED ACCEPT / CONTINUATION

Prior 09:35 Synthetic — 721.42

Expected test 31.7% • Accept 100.0% • Reject 0.0% • Expected move 6.57

EXPECTED ACCEPT / CONTINUATION

Synthetic 09:30 — 745.78

Expected test 35.7% • Accept 80.0% • Reject 20.0% • Expected move 7.16

EXPECTED ACCEPT / CONTINUATION

Synthetic 09:35 — 741.47

Expected test 16.7% • Accept 100.0% • Reject 0.0% • Expected move 6.37

EXPECTED ACCEPT / CONTINUATION

Prior UB — 742.93

Expected test 39.0% • Accept 37.5% • Reject 62.5% • Expected move 2.67

EXPECTED REJECT / REVERSAL RISK

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation747.87

Favorable Observation Level749.75

Primary Target751.59

Invalidation740.43

Target Completed22.2%

No Completion55.6%

Conditional Day-2 History

Continuation0.0%

Reversal40.0%

Still unresolved60.0%

Actual Next-Day Audit

TARGET_COMPLETED

The primary Tomorrow Bias route completed at its mapped target.

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.