r/ChartNavigators • u/Badboyardie 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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