SPY MARKET OBSERVATION • 2026-09-22

SPY Outlook 2026-09-22 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1777.36
UB2779.84
UB3782.32
LB1772.41
LB2769.93
LB3767.45

Prior Trading Day

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

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionLONG
Accepted LevelPrior UB3
Confirmation / Trigger774.50
Projected Target777.35
Current StatusCONFIRMED
SPY Reference774.98

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 Confirmation777.27
Projected Target776.02
Current StatusTARGET REACHED
Hard Invalidation777.46

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 — 772.41
OBSERVE NEXT 2
Today LB2 — 769.93
OBSERVE NEXT 3
Prior LB — 768.06
SPY TOMORROW OUTLOOK

SHORT • 58.3% confidence

Watch772.50
Confirmation772.50
Invalidation777.46
Target770.02
Extension767.54
Reversal Confirmation774.57

SPY Level Outlook — Available Pre-EOD

Prior LB — 772.35
REJECT / REVERSAL • up projection 772.71 • down projection 771.98 • projected target 769.71 • today status NOT REACHED
Prior LB — 763.77
REJECT / REVERSAL • up projection 763.95 • down projection 763.58 • projected target 761.08 • today status NOT REACHED
Today UB — 777.27
REJECT / REVERSAL • up projection 777.37 • down projection 777.17 • projected target 779.75 • today status NOT REACHED
Today LB — 772.31
ACCEPT / CONTINUATION • up projection 776.22 • down projection 768.40 • projected target 769.83 • today status NOT REACHED
Today LB — 772.50
ACCEPT / CONTINUATION • up projection 776.41 • down projection 768.59 • projected target 770.02 • today status NOT REACHED
Today LB3 — 767.54
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 767.54 • today status NOT REACHED
Prior LB3 — 767.08
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 767.08 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation772.50
Primary Target770.02
Hard Invalidation777.46
Target Completed40.0%
Invalidation40.0%
No Completion30.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference770.02
Day-2 reversal33.3%
Reversal confirmation774.57

Actual Next-Day Audit

TARGET_REACHED

The published target price traded during the next regular session.

Open / High / Low / Close772.79 / 773.02 / 766.50 / 767.81
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.