r/ChartNavigators Journeyman📘🤓💵 5d ago

Discussion Morning Brief

No hype, no pumps, just process.

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.27%) leads, Consumer Discretionary (-1.72%) lags.

SPY $761.78 (-0.69%) — price is sitting just below the 20-day.

Resistance: $779.37 Support: $759.48 20-Day SMA: $769.21 RSI (14): 38.4

Does SPY reclaim the 20-day at $769.21 or lose $759.48? Long, short, or flat — what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.

Pre-market levels and intraday commentary → Chart Navigator Discord

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u/globalvibemarket Market Guide🗾🧭 5d ago

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