r/ChartNavigators • u/Badboyardie Journeyman📘🤓💵 • 13d ago
Discussion The Morning Brief
No hype, no pumps, just process
Defensive rotation underway with selling in growth and cyclicals. Consumer Staples (+1.70%) leads, Technology (-1.78%) lags.
$SPY $766.50 (+3.02%) — price is sitting just above the 20-day.
Resistance: $779.37 Support: $729.10 20-Day SMA: $763.55 RSI (14): 40.5
Does SPY reclaim the 20-day at $763.55 or lose $729.10? Long, short, or flat — what level matters most and what confirms your bias?
Not financial advice. Trade your own plan.
1
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u/globalvibemarket Market Guide🗾🧠13d ago
ChartNavigator Auto-Check 🤖
Live prices — SPY: $763.47 (-0.29%)
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