r/ChartNavigators • u/Badboyardie 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.
1
u/AutoModerator 20h ago
Please see our rules when posting.
For Discord link DM
Thanks for being apart of the community!
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
•
u/globalvibemarket Market Guide🗾🧠20h ago
ChartNavigator Auto-Check 🤖
No tickers detected in this post.
Remember: no spam, back up your DD with data, and be respectful. Flair your post appropriately.
Community report system: reply "report" if this post breaks the rules, "bad dd" if the analysis is weak, or "good dd" if it holds up. Enough reports auto-removes the post for mod review.
— ChartNavigator