SPY MARKET OBSERVATION • 2026-09-04

SPY Outlook 2026-09-04 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1774.57
UB2776.54
UB3778.51
LB1770.62
LB2768.65
LB3766.68

Prior Trading Day

UB1771.89
UB2774.43
UB3776.97
LB1766.81
LB2764.27
LB3761.73

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionLONG/SHORT
Accepted LevelPublished Acceptance Zone
Confirmation / Trigger763.48
Projected Target763.48
Current StatusNOT TRIGGERED
SPY Reference772.48

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 Confirmation771.43
Projected Target769.72
Current StatusTARGET REACHED
Hard Invalidation774.49

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 — 770.62
OBSERVE NEXT 2
Today LB2 — 768.65
OBSERVE NEXT 3
Prior LB — 766.81
SPY TOMORROW OUTLOOK

SHORT • 55.7% confidence

Watch770.47
Confirmation770.47
Invalidation774.49
Target768.46
Extension766.45
Reversal Confirmation774.13

SPY Level Outlook — Available Pre-EOD

Today LB — 770.47
REJECT / REVERSAL • up projection 773.30 • down projection 767.65 • projected target 768.46 • today status REACHED
Today LB — 770.78
REJECT / REVERSAL • up projection 773.50 • down projection 768.06 • projected target 768.85 • today status REACHED
Prior LB — 767.11
ACCEPT / CONTINUATION • up projection 770.25 • down projection 763.97 • projected target 764.50 • today status NOT REACHED
Prior LB — 766.51
ACCEPT / CONTINUATION • up projection 770.09 • down projection 762.92 • projected target 764.05 • today status NOT REACHED
Today LB3 — 766.45
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 766.45 • today status NOT REACHED
Prior LB3 — 761.88
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 761.88 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation770.47
Primary Target768.46
Hard Invalidation774.49
Target Completed22.2%
Invalidation22.2%
No Completion55.6%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference768.46
Day-2 reversal20.0%
Reversal confirmation774.13

Actual Next-Day Audit

TARGET_REACHED

The published target price traded during the next regular session.

Open / High / Low / Close769.07 / 769.70 / 765.15 / 766.00
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.