SPY MARKET OBSERVATION • 2026-09-16

SPY Outlook 2026-09-16 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1761.03
UB2763.04
UB3765.05
LB1757.00
LB2754.99
LB3752.98

Prior Trading Day

UB1761.56
UB2763.76
UB3765.96
LB1757.15
LB2754.95
LB3752.75

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionSHORT
Accepted LevelPrior LB3
Confirmation / Trigger752.53
Projected Target751.33
Current StatusTARGET REACHED
SPY Reference758.80

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 Confirmation760.85
Projected Target759.85
Current StatusTARGET REACHED
Hard Invalidation760.85

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 — 757.15
OBSERVE NEXT 2
Today LB — 757.00
OBSERVE NEXT 3
Today LB2 — 754.99
SPY TOMORROW OUTLOOK

SHORT • 70.9% confidence

Watch756.75
Confirmation756.75
Invalidation760.85
Target754.70
Extension752.65
Reversal Confirmation758.76

SPY Level Outlook — Available Pre-EOD

Today LB — 756.75
REJECT / REVERSAL • up projection 760.49 • down projection 753.02 • projected target 754.70 • today status REACHED
Today LB — 757.26
REJECT / REVERSAL • up projection 760.97 • down projection 753.54 • projected target 755.28 • today status REACHED
Prior LB3 — 752.53
ACCEPT / CONTINUATION • up projection 756.76 • down projection 748.29 • projected target 752.53 • today status REACHED
Prior LB3 — 752.97
ACCEPT / CONTINUATION • up projection 757.00 • down projection 748.94 • projected target 752.97 • today status REACHED
Prior LB — 756.78
ACCEPT / CONTINUATION • up projection 760.77 • down projection 752.78 • projected target 754.65 • today status REACHED
Today LB3 — 752.65
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 752.65 • today status REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation756.75
Primary Target754.70
Hard Invalidation760.85
Target Completed30.0%
Invalidation10.0%
No Completion60.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference754.70
Day-2 reversal50.0%
Reversal confirmation758.76

Actual Next-Day Audit

INVALIDATED

The published invalidation price traded during the next regular session.

Open / High / Low / Close763.15 / 763.57 / 759.96 / 762.70
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.