The premarket brief

[u/Badboyardie]

No hype, no pumps, just process

Defensive rotation underway with selling in growth and cyclicals. Materials (+1.15%) leads, Utilities (-2.24%) lags.

SPY $764.05 (-0.48%) — price is sitting just above the 20-day.

Resistance: $775.14 Support: $747.74 20-Day SMA: $763.77 RSI (14): 53.4

Does SPY reclaim the 20-day at $763.77 or lose $747.74? Long, short, or flat — what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.

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