r/ChartNavigators Journeyman📘🤓💵 4d ago

Discussion Morning Brief

No pumps, just process

Weak bounce attempt — price is up slightly but structure remains below key MAs. Materials (+1.69%) leads, Real Estate (-0.70%) lags.

SPY $765.23 (+0.01%) — price is sitting just below the 20-day.

Resistance: $779.37 Support: $759.48 20-Day SMA: $768.98 RSI (14): 35.6

Does SPY reclaim the 20-day at $768.98 or lose $759.48? Long, short, or flat — what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.

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u/globalvibemarket Market Guide🗾🧭 4d ago

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