SPY MARKET OBSERVATION • 2026-08-04

SPY Outlook 2026-08-04 — Key Levels & Tomorrow Bias

Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.

Today — Current Session

UB1765.10
UB2768.30
UB3771.50
LB1758.70
LB2755.50
LB3752.30

Prior Trading Day

UB1755.64
UB2760.04
UB3764.43
LB1746.86
LB2742.46
LB3738.07

ACCEPT / REJECT / INTERLEAVED Structure

Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior UB3, Today LB
Rejected LevelsPrior LB, Prior UB, Prior UB2, Today LB2, Today UB, Today UB2
PEER ACCEPTED INTERACTION

Continuation Plan

DirectionSHORT
Accepted LevelToday LB
Confirmation / Trigger758.76
Projected Target754.54
Current StatusNOT TRIGGERED
SPY Reference761.96

General market information only. Reaching a published level is not an instruction to place a trade.

PEER REJECTED INTERACTION

Reversal Plan

DirectionLONG
Rejected LevelToday LB2
Reversal Confirmation755.56
Projected Target756.12
Current StatusTARGET REACHED
Hard Invalidation758.76

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 UB3 — 764.43
OBSERVE NEXT 2
Today UB — 765.10
OBSERVE NEXT 3
Today UB2 — 768.30
SPY TOMORROW OUTLOOK

LONG • 79.5% confidence

Watch765.16
Confirmation765.16
Invalidation758.76
Target768.36
Extension771.56
Reversal Confirmation762.04

SPY Level Outlook — Available Pre-EOD

Prior UB2 — 759.49
REJECT / REVERSAL • up projection 762.59 • down projection 756.39 • projected target 763.84 • today status NOT REACHED
Prior UB — 755.13
ACCEPT / CONTINUATION • up projection 759.12 • down projection 751.15 • projected target 759.49 • today status NOT REACHED
Prior UB2 — 760.59
REJECT / REVERSAL • up projection 764.18 • down projection 757.00 • projected target 765.03 • today status REACHED
Today UB — 765.16
REJECT / REVERSAL • up projection 766.57 • down projection 763.75 • projected target 768.36 • today status REACHED
Prior UB — 756.16
REJECT / REVERSAL • up projection 758.89 • down projection 753.42 • projected target 760.59 • today status NOT REACHED
Today UB3 — 771.56
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 771.56 • today status REACHED
Prior UB3 — 765.03
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 765.03 • today status REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation765.16
Primary Target768.36
Hard Invalidation758.76
Target Completed50.0%
Invalidation10.0%
No Completion40.0%

If Day 1 Does Not Complete

Day-2 continuation25.0%
Continuation reference768.36
Day-2 reversal50.0%
Reversal confirmation762.04

Actual Next-Day Audit

UNRESOLVED

The next regular session did not trade at the published confirmation, target, or invalidation price.

Open / High / Low / Close775.85 / 776.85 / 769.51 / 769.79
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.