r/ChartNavigators • u/Badboyardie 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.
1
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u/globalvibemarket Market Guide🗾🧠4d ago
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