SPY MARKET OBSERVATION • 2026-08-19
SPY Outlook 2026-08-19 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1771.81
UB2773.85
UB3775.89
LB1767.74
LB2765.70
LB3763.66
Prior Trading Day
UB1771.39
UB2773.93
UB3776.47
LB1766.32
LB2763.78
LB3761.24
ACCEPT / REJECT / INTERLEAVED Structure
Market StateBEARISH
Structure ModeINTERLEAVED
Accepted LevelsPrior LB3, Prior UB, Today UB3, Today UB2
Rejected LevelsPrior LB, Prior LB2, Prior UB, Prior UB2, Today LB, Today LB2, Today UB, Today UB2
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionLONG
Accepted LevelPrior UB
Confirmation / Trigger771.67
Projected Target776.63
Current StatusCONFIRMED
SPY Reference769.53
General market information only. Reaching a published level is not an instruction to place a trade.
PEER REJECTED INTERACTION
Reversal Plan
DirectionSHORT
Rejected LevelPrior UB
Reversal Confirmation771.12
Projected Target768.92
Current StatusTARGET REACHED
Hard Invalidation771.61
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
Today LB — 767.74
OBSERVE NEXT 2
Prior LB — 766.32
OBSERVE NEXT 3
Today LB2 — 765.70
SPY TOMORROW OUTLOOK
SHORT • 70.5% confidence
Watch767.45
Confirmation767.45
Invalidation771.61
Target765.37
Extension763.30
Reversal Confirmation769.99
SPY Level Outlook — Available Pre-EOD
Today LB — 768.02
ACCEPT / CONTINUATION • up projection 772.27 • down projection 763.77 • projected target 766.02 • today status NOT REACHED
Today LB — 767.45
ACCEPT / CONTINUATION • up projection 771.56 • down projection 763.34 • projected target 765.37 • today status NOT REACHED
Prior LB3 — 760.97
ACCEPT / CONTINUATION • up projection 766.22 • down projection 755.72 • projected target 760.97 • today status NOT REACHED
Prior LB3 — 761.52
ACCEPT / CONTINUATION • up projection 766.66 • down projection 756.37 • projected target 761.52 • today status NOT REACHED
Prior LB — 766.04
ACCEPT / CONTINUATION • up projection 770.53 • down projection 761.56 • projected target 763.51 • today status NOT REACHED
Today LB3 — 763.30
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 763.30 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation767.45
Primary Target765.37
Hard Invalidation771.61
Target Completed50.0%
Invalidation30.0%
No Completion30.0%
If Day 1 Does Not Complete
Day-2 continuation0.0%
Continuation reference765.37
Day-2 reversal33.3%
Reversal confirmation769.99
Actual Next-Day Audit
TARGET_REACHED
The published target price traded during the next regular session.
Open / High / Low / Close765.96 / 768.15 / 762.05 / 762.78
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.