SPY MARKET OBSERVATION • 2026-08-21
SPY Outlook 2026-08-21 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1767.87
UB2770.78
UB3773.69
LB1762.06
LB2759.15
LB3756.24
Prior Trading Day
UB1769.89
UB2772.62
UB3775.34
LB1764.45
LB2761.72
LB3759.00
ACCEPT / REJECT / INTERLEAVED Structure
Market StateNEUTRAL
Structure ModeINTERLEAVED
Accepted LevelsPrior LB3, Prior UB3, Today LB2, Today LB3
Rejected LevelsPrior LB, Prior LB2, Prior UB, Today LB, Today UB, Today UB2
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionLONG
Accepted LevelPrior UB3
Confirmation / Trigger775.09
Projected Target779.70
Current StatusNOT TRIGGERED
SPY Reference765.09
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 Confirmation768.00
Projected Target765.96
Current StatusTARGET REACHED
Hard Invalidation762.18
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 LB — 764.45
OBSERVE NEXT 2
Today LB — 762.06
OBSERVE NEXT 3
Prior LB2 — 761.72
SPY TOMORROW OUTLOOK
LONG • 64.5% confidence
Watch768.00
Confirmation768.00
Invalidation762.18
Target770.90
Extension773.81
Reversal Confirmation763.38
SPY Level Outlook — Available Pre-EOD
Today UB — 768.00
REJECT / REVERSAL • up projection 770.22 • down projection 765.77 • projected target 770.90 • today status NOT REACHED
Today UB — 767.75
REJECT / REVERSAL • up projection 770.08 • down projection 765.41 • projected target 770.65 • today status REACHED
Prior UB — 770.06
REJECT / REVERSAL • up projection 772.00 • down projection 768.12 • projected target 772.82 • today status NOT REACHED
Prior UB — 769.72
REJECT / REVERSAL • up projection 772.28 • down projection 767.17 • projected target 772.41 • today status NOT REACHED
Today UB3 — 773.81
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 773.81 • today status NOT REACHED
Prior UB3 — 775.59
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 775.59 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation768.00
Primary Target770.90
Hard Invalidation762.18
Target Completed30.0%
Invalidation20.0%
No Completion50.0%
If Day 1 Does Not Complete
Day-2 continuation20.0%
Continuation reference770.90
Day-2 reversal20.0%
Reversal confirmation763.38
Actual Next-Day Audit
INVALIDATED
The published invalidation price traded during the next regular session.
Open / High / Low / Close764.78 / 765.22 / 762.08 / 763.54
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.