SPY MARKET OBSERVATION • 2026-10-23

SPY Outlook 2026-10-23 — Key Levels & Tomorrow Bias

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

Today — Current Session

UB1763.50
UB2767.37
UB3771.25
LB1755.75
LB2751.88
LB3748.00

Prior Trading Day

UB1771.27
UB2775.30
UB3779.33
LB1763.22
LB2759.19
LB3755.16

ACCEPT / REJECT / INTERLEAVED Structure

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

Continuation Plan

DirectionSHORT
Accepted LevelToday LB
Confirmation / Trigger756.13
Projected Target751.61
Current StatusOBSERVING
SPY Reference759.24

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

PEER REJECTED INTERACTION

Reversal Plan

DirectionLONG
Rejected LevelPrior LB
Reversal Confirmation763.20
Projected Target764.60
Current StatusCONFIRMED
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 UB — 763.50
OBSERVE NEXT 2
Today UB2 — 767.37
OBSERVE NEXT 3
Today UB3 — 771.25
SPY TOMORROW OUTLOOK

WAIT • 22.9% confidence

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

SPY Level Outlook — Available Pre-EOD

Prior LB2 — 759.24
ACCEPT / CONTINUATION • up projection 763.80 • down projection 754.68 • projected target N/A • today status REACHED
Prior LB2 — 759.14
ACCEPT / CONTINUATION • up projection 763.49 • down projection 754.79 • projected target N/A • today status REACHED
Prior LB3 — 755.25
ACCEPT / CONTINUATION • up projection 756.19 • down projection 754.31 • projected target N/A • today status PENDING
Prior LB3 — 755.07
ACCEPT / CONTINUATION • up projection 755.81 • down projection 754.33 • projected target N/A • today status PENDING
Today LB — 755.37
REJECT / REVERSAL • up projection 758.43 • down projection 752.31 • projected target N/A • today status PENDING
Today LB — 756.13
REJECT / REVERSAL • up projection 759.76 • down projection 752.51 • projected target N/A • today status PENDING
Prior LB — 763.23
ACCEPT / CONTINUATION • up projection 769.23 • down projection 757.23 • projected target N/A • today status REACHED
Today UB3 — 770.86
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target N/A • today status PENDING
Today LB3 — 747.62
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 Completed20.0%
Invalidation20.0%
No Completion60.0%

If Day 1 Does Not Complete

Day-2 continuation0.0%
Continuation referenceN/A
Day-2 reversal50.0%
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.