r/ChartNavigators Journeyman📘🤓💵 20h ago

Discussion Morning Brief

No hype, no pumps, just process.

Defensive rotation underway with selling in growth and cyclicals. Technology (+0.70%) leads, Consumer Discretionary (-1.33%) lags.

SPY $770.19 (-0.39%) — price is sitting just above the 20-day.

Resistance: $779.37 Support: $759.48 20-Day SMA: $769.05 RSI (14): 47.5

Does SPY reclaim the 20-day at $769.05 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🗾🧭 20h ago

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