SPY MARKET OBSERVATION • 2026-10-20

SPY Outlook 2026-10-20 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1768.14
UB2770.67
UB3773.19
LB1763.09
LB2760.56
LB3758.04

Prior Trading Day

UB1772.55
UB2777.80
UB3783.06
LB1762.03
LB2756.78
LB3751.52

ACCEPT / REJECT / INTERLEAVED Structure

Market StateNEUTRAL
Structure ModeINTERLEAVED
Accepted LevelsPrior LB3, Prior UB3, Prior LB, Today LB2, Today LB3
Rejected LevelsPrior LB, Prior LB2, Prior UB, Prior UB2, Today LB, Today UB
PEER ACCEPTED INTERACTION

Continuation Plan

DirectionLONG
Accepted LevelPrior UB3
Confirmation / Trigger783.25
Projected Target785.88
Current StatusOBSERVING
SPY Reference765.71

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 Confirmation768.05
Projected Target765.66
Current StatusTARGET REACHED
Hard InvalidationN/A

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 — 763.09
OBSERVE NEXT 2
Prior LB — 762.03
OBSERVE NEXT 3
Today LB2 — 760.56
SPY TOMORROW OUTLOOK

WAIT • 21.0% confidence

WatchN/A
ConfirmationN/A
InvalidationN/A
TargetN/A
ExtensionN/A
Reversal ConfirmationN/A

SPY Level Outlook — Available Pre-EOD

Prior LB — 762.08
ACCEPT / CONTINUATION • up projection 767.62 • down projection 756.53 • projected target N/A • today status PENDING
Today LB — 763.18
REJECT / REVERSAL • up projection 766.45 • down projection 759.91 • projected target N/A • today status PENDING
Prior LB — 761.99
ACCEPT / CONTINUATION • up projection 767.63 • down projection 756.36 • projected target N/A • today status PENDING
Today UB — 768.24
REJECT / REVERSAL • up projection 771.06 • down projection 765.42 • projected target N/A • today status REACHED
Today UB3 — 773.29
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target N/A • today status PENDING
Today LB3 — 758.13
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target N/A • today status PENDING

TOMORROW BIAS — OUTCOME & PRICE AUDIT

ConfirmationN/A
Primary TargetN/A
Hard InvalidationN/A
Target Completed30.0%
Invalidation20.0%
No Completion50.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation referenceN/A
Day-2 reversal0.0%
Reversal confirmationN/A

Actual Next-Day Audit

PENDING NEXT-DAY EOD

The published map remains frozen until the next completed session is available.

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.