SPY MARKET OBSERVATION • 2026-08-28

SPY Outlook 2026-08-28 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1774.25
UB2776.38
UB3778.50
LB1770.01
LB2767.88
LB3765.76

Prior Trading Day

UB1770.20
UB2772.54
UB3774.88
LB1765.51
LB2763.17
LB3760.83

ACCEPT / REJECT / INTERLEAVED Structure

Market StateBEARISH
Structure ModeINTERLEAVED
Accepted LevelsPrior LB, Prior LB3, Prior UB3, Today LB3
Rejected LevelsPrior LB2, Prior UB, Prior UB2, Today LB, Today LB2, Today UB
PEER ACCEPTED INTERACTION

Continuation Plan

DirectionSHORT
Accepted LevelPrior LB
Confirmation / Trigger765.18
Projected Target759.10
Current StatusNOT TRIGGERED
SPY Reference772.26

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 Confirmation774.08
Projected Target773.22
Current StatusTARGET REACHED
Hard Invalidation774.42

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 — 770.01
OBSERVE NEXT 2
Today LB2 — 767.88
OBSERVE NEXT 3
Today LB3 — 765.76
SPY TOMORROW OUTLOOK

SHORT • 67.8% confidence

Watch770.10
Confirmation770.10
Invalidation774.42
Target767.94
Extension765.77
Reversal Confirmation772.86

SPY Level Outlook — Available Pre-EOD

Today LB — 770.10
REJECT / REVERSAL • up projection 773.04 • down projection 767.16 • projected target 767.94 • today status REACHED
Today LB — 769.92
REJECT / REVERSAL • up projection 772.76 • down projection 767.07 • projected target 767.83 • today status REACHED
Prior LB — 765.18
ACCEPT / CONTINUATION • up projection 768.76 • down projection 761.59 • projected target 762.88 • today status NOT REACHED
Prior LB — 765.85
ACCEPT / CONTINUATION • up projection 769.33 • down projection 762.37 • projected target 763.47 • today status NOT REACHED
Today LB3 — 765.77
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 765.77 • today status NOT REACHED
Prior LB3 — 761.09
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 761.09 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation770.10
Primary Target767.94
Hard Invalidation774.42
Target Completed30.0%
Invalidation10.0%
No Completion60.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference767.94
Day-2 reversal50.0%
Reversal confirmation772.86

Actual Next-Day Audit

TARGET_REACHED

The published target price traded during the next regular session.

Open / High / Low / Close767.33 / 767.99 / 764.72 / 767.02
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.