SPY MARKET OBSERVATION • 2026-09-29

SPY Outlook 2026-09-29 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1768.32
UB2771.04
UB3773.75
LB1762.88
LB2760.16
LB3757.45

Prior Trading Day

UB1770.70
UB2773.77
UB3776.84
LB1764.56
LB2761.49
LB3758.42

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionSHORT
Accepted LevelPrior LB3
Confirmation / Trigger758.26
Projected Target754.85
Current StatusNOT TRIGGERED
SPY Reference765.82

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 Confirmation768.50
Projected Target767.26
Current StatusTARGET REACHED
Hard Invalidation768.50

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 — 764.56
OBSERVE NEXT 2
Today LB — 762.88
OBSERVE NEXT 3
Prior LB2 — 761.49
SPY TOMORROW OUTLOOK

SHORT • 82.8% confidence

Watch763.14
Confirmation763.14
Invalidation768.50
Target760.46
Extension757.78
Reversal Confirmation765.55

SPY Level Outlook — Available Pre-EOD

Today LB — 763.14
ACCEPT / CONTINUATION • up projection 780.47 • down projection 745.81 • projected target 760.46 • today status REACHED
Today LB — 762.62
ACCEPT / CONTINUATION • up projection 779.28 • down projection 745.97 • projected target 759.87 • today status REACHED
Prior LB — 764.72
ACCEPT / CONTINUATION • up projection 777.17 • down projection 752.26 • projected target 761.65 • today status REACHED
Prior LB — 764.40
ACCEPT / CONTINUATION • up projection 776.36 • down projection 752.45 • projected target 761.33 • today status REACHED
Today LB2 — 760.46
ACCEPT / CONTINUATION • up projection 773.33 • down projection 747.59 • projected target 757.78 • today status NOT REACHED
Today LB3 — 757.78
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 757.78 • today status NOT REACHED
Prior LB3 — 758.26
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 758.26 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation763.14
Primary Target760.46
Hard Invalidation768.50
Target Completed50.0%
Invalidation10.0%
No Completion40.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation reference760.46
Day-2 reversal50.0%
Reversal confirmation765.55

Actual Next-Day Audit

INVALIDATED

The published invalidation price traded during the next regular session.

Open / High / Low / Close766.45 / 769.41 / 762.18 / 762.48
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.