SPY MARKET OBSERVATION • 2026-09-21

SPY Outlook 2026-09-21 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1773.37
UB2776.03
UB3778.69
LB1768.06
LB2765.40
LB3762.74

Prior Trading Day

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

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionLONG
Accepted LevelPrior UB3
Confirmation / Trigger782.62
Projected Target785.49
Current StatusNOT TRIGGERED
SPY Reference774.98

General market information only. Reaching a published level is not an instruction to place a trade.

PEER REJECTED INTERACTION

Reversal Plan

DirectionLONG
Rejected LevelToday LB
Reversal Confirmation772.35
Projected Target774.42
Current StatusTARGET REACHED
Hard Invalidation772.35

General market information only. Reaching a published level is not an instruction to place a trade.

Next Values We Are Observing

No additional next-level observation is active.

None active.

SPY TOMORROW OUTLOOK

LONG • 58.5% confidence

Watch777.61
Confirmation777.61
Invalidation772.35
Target780.25
Extension782.88
Reversal Confirmation774.50

SPY Level Outlook — Available Pre-EOD

Today UB — 777.61
REJECT / REVERSAL • up projection 780.54 • down projection 774.69 • projected target 780.25 • today status NOT REACHED
Prior UB — 762.81
REJECT / REVERSAL • up projection 765.63 • down projection 759.99 • projected target 764.71 • today status NOT REACHED
Today UB — 769.13
REJECT / REVERSAL • up projection 772.03 • down projection 766.23 • projected target 771.82 • today status REACHED
Prior UB — 768.46
REJECT / REVERSAL • up projection 771.54 • down projection 765.38 • projected target 775.54 • today status REACHED
Today UB3 — 782.88
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 782.88 • today status NOT REACHED
Today LB3 — 767.08
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 767.08 • today status REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation777.61
Primary Target780.25
Hard Invalidation772.35
Target Completed20.0%
Invalidation40.0%
No Completion40.0%

If Day 1 Does Not Complete

Day-2 continuation25.0%
Continuation reference780.25
Day-2 reversal0.0%
Reversal confirmation774.50

Actual Next-Day Audit

UNRESOLVED

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

Open / High / Low / Close774.03 / 775.14 / 772.59 / 773.38
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.