SPY MARKET OBSERVATION • 2026-10-05
SPY Outlook 2026-10-05 — Key Levels & Tomorrow Bias
Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.
Today — Current Session
UB1772.93
UB2775.17
UB3777.41
LB1768.47
LB2766.23
LB3763.99
Prior Trading Day
UB1774.93
UB2779.13
UB3783.33
LB1766.52
LB2762.32
LB3758.12
ACCEPT / REJECT / INTERLEAVED Structure
Market StateNEUTRAL
Structure ModeINTERLEAVED
Accepted LevelsPrior UB3, Today LB
Rejected LevelsPrior LB, Prior LB2, Prior UB, Prior UB2, Today LB2, Today UB, Today UB2, Today LB
PEER ACCEPTED INTERACTION
Continuation Plan
DirectionLONG/SHORT
Accepted LevelPublished Acceptance Zone
Confirmation / Trigger764.02
Projected Target764.02
Current StatusNOT TRIGGERED
SPY Reference770.59
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 Confirmation766.61
Projected Target768.40
Current StatusTARGET REACHED
Hard Invalidation768.36
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 — 772.93
OBSERVE NEXT 2
Prior UB — 774.93
OBSERVE NEXT 3
Today UB2 — 775.17
SPY TOMORROW OUTLOOK
LONG • 69.7% confidence
Watch772.82
Confirmation772.82
Invalidation768.36
Target775.06
Extension777.29
Reversal Confirmation769.74
SPY Level Outlook — Available Pre-EOD
Prior UB — 774.92
ACCEPT / CONTINUATION • up projection 778.51 • down projection 771.33 • projected target 779.16 • today status REACHED
Today UB — 772.82
REJECT / REVERSAL • up projection 774.88 • down projection 770.77 • projected target 775.06 • today status REACHED
Prior UB — 774.93
REJECT / REVERSAL • up projection 777.57 • down projection 772.29 • projected target 779.09 • today status REACHED
Prior UB2 — 779.16
REJECT / REVERSAL • up projection 782.28 • down projection 776.04 • projected target 783.40 • today status NOT REACHED
Prior UB2 — 779.09
REJECT / REVERSAL • up projection 783.67 • down projection 774.51 • projected target 783.26 • today status NOT REACHED
Today UB3 — 777.29
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 777.29 • today status NOT REACHED
Prior UB3 — 783.26
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 783.26 • today status NOT REACHED
TOMORROW BIAS — OUTCOME & PRICE AUDIT
Confirmation772.82
Primary Target775.06
Hard Invalidation768.36
Target Completed40.0%
Invalidation20.0%
No Completion40.0%
If Day 1 Does Not Complete
Day-2 continuation25.0%
Continuation reference775.06
Day-2 reversal25.0%
Reversal confirmation769.74
Actual Next-Day Audit
UNRESOLVED
The next regular session did not trade at the published confirmation, target, or invalidation price.
Open / High / Low / Close778.15 / 781.62 / 777.96 / 779.14
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.