SPY MARKET OBSERVATION • 2026-09-18

SPY Outlook 2026-09-18 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1765.64
UB2770.13
UB3774.62
LB1756.65
LB2752.16
LB3747.67

Prior Trading Day

UB1768.18
UB2775.11
UB3782.04
LB1754.33
LB2747.40
LB3740.47

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionLONG/SHORT
Accepted LevelPublished Acceptance Zone
Confirmation / Trigger761.06
Projected Target761.06
Current StatusTARGET REACHED
SPY Reference760.91

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 Confirmation767.90
Projected Target766.79
Current StatusTARGET REACHED
Hard Invalidation759.01

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 — 756.65
OBSERVE NEXT 2
Prior LB — 754.33
OBSERVE NEXT 3
Today LB2 — 752.16
SPY TOMORROW OUTLOOK

LONG • 66.9% confidence

Watch762.81
Confirmation762.81
Invalidation759.01
Target764.71
Extension766.62
Reversal Confirmation758.96

SPY Level Outlook — Available Pre-EOD

Today LB — 759.01
ACCEPT / CONTINUATION • up projection 761.64 • down projection 756.37 • projected target 757.11 • today status REACHED
Today LB2 — 757.11
REJECT / REVERSAL • up projection 757.48 • down projection 756.73 • projected target 755.20 • today status NOT REACHED
Today UB — 762.81
REJECT / REVERSAL • up projection 765.74 • down projection 759.88 • projected target 764.71 • today status NOT REACHED
Prior UB — 767.90
REJECT / REVERSAL • up projection 770.73 • down projection 765.08 • projected target 774.68 • today status NOT REACHED
Today UB3 — 766.62
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 766.62 • today status NOT REACHED
Prior UB3 — 781.45
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 781.45 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation762.81
Primary Target764.71
Hard Invalidation759.01
Target Completed10.0%
Invalidation30.0%
No Completion60.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference764.71
Day-2 reversal50.0%
Reversal confirmation758.96

Actual Next-Day Audit

UNRESOLVED

The next regular session did not trade at the published confirmation, target, or invalidation price.

Open / High / Low / Close766.25 / 774.89 / 766.03 / 773.51
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.