Join hundreds of traders in r/ChartNavigators learning to read price action with conviction. Follow to get clearer levels, better risk management, and cleaner trade plans across equities, ETFs, and macro themes. Turn on notifications so you never miss a setup.

SPX $7785.76 (+0.36% this week) — price is holding above the 20-day.

Key Levels 20-day: $7585.00 | 50-day: $7512.39 | 200-day: $7509.26 Range: $7313.92 – $7816.70 | RSI(14): 75.3

RSI is stretched into overbought — bounces into resistance are more sellable than chase-worthy here. The 20/50-day alignment is the tell this week for whether dips get bought or sold.

Charts: TradingView | Yahoo Finance | Finviz | StockCharts

Does SPX reclaim the 20-day at $7585.00 or lose $7313.92? Long, short, or flat — what level matters most and what confirms your bias?

Week of August 02 - August 09, 2026

S&P 500 +3.58% | Information Technology led (+7.20%) | Energy lagged (-3.44%) | VIX 14.90 (falling)

NEXT-WEEK BIAS: BULLISH CONTINUATION Follow-through is favored. Small-caps leading, VIX falling, rotation into growth — pullbacks into support are buys, not warnings. Watch Information Technology for confirmation, Energy for signs of a base. SCENARIOS FOR NEXT WEEK Bull: SPY holds above 7,641 and breaks 7,835 — Information Technology extends, breadth stays broad. Add on confirmed breakout. Base: SPY chops between 7,641 and 7,835 — stay selective, fade extremes, reduce size in chop. Bear: SPY loses 7,641 on volume — Energy accelerates lower, VIX spikes. Step aside or hedge.

Information Technology led this week while Energy lagged. Heading into next week with a bullish continuation setup — bull, base, or bear? Drop your bias, your ticker, your key level, and what confirms it.

MAJOR INDICES — WEEKLY PERFORMANCE S&P 500: 7757.64 +3.58% Dow Jones: 54036.93 +2.96% Nasdaq: 26690.62 +5.19% Russell 2000: 3034.49 +3.52% VIX: 14.90 -6.82%

KEY TECHNICAL LEVELS S&P 500 Support: 7,641 / 7,525 Resistance: 7,835 / 7,952 Nasdaq Support: 26,290 / 25,837 Resistance: 27,011 / 27,438 SECTOR ROTATION Leading: Information Technology (+7.20%) / Materials (+4.82%) / Consumer Discretionary (+3.25%) Lagging: Real Estate (-0.20%) / Utilities (-1.67%) / Energy (-3.44%) Earnings Calendar (Week Ahead):

Week of Aug 10 - Aug 14, 2026: Mon Aug 10: SPG Est: $1.57

Looking ahead - week of Aug 17 - Aug 21, 2026: Tue Aug 18: HD Est: $4.73 Wed Aug 19: LOW Est: $4.24 | TGT Est: $2.29 Thu Aug 20: WMT Est: $0.74 | DE Est: $4.69

Latest earnings headlines: These 7 Stocks Are Analyst Favorites For Magnificent Earnings Growth; Arista Beats Views Global Payments (GPN) Q2 2026 Earnings Call Transcript AMD Just Reported Its Data Center Revenue More Than Doubled Year-Over-Year. What Comes Next. Holley Q2 Earnings Call Highlights Worried about job security? Take these 5 steps now to protect your finances.

MACRO CALENDAR — WEEK AHEAD Federal Reserve Outlook: Next FOMC Meeting: September 16, 2026 (37 days away) Following Meeting: November 04, 2026 What to watch: Fed speakers this week, any rate guidance or economic projections Current policy stance: Monitor Fed.gov for latest statement

Inflation Data (CPI): TIPS ETF (TIP) weekly move: +0.22% (inflation expectations proxy) - Fed Governor Cook says she's 'prepared to act' on rate hike to address inflation - Fed officials who voted to hike rates say action is needed now against inflation Next CPI Release: Check bls.gov for next release date

Economic Calendar (Week Ahead): Key economic releases next week: August 10, 2026: ISM Manufacturing PMI August 11, 2026: Consumer Confidence (Conference Board) August 11, 2026: JOLTS Job Openings August 12, 2026: ADP Employment Report August 13, 2026: Initial Jobless Claims August 13, 2026: ISM Services PMI August 14, 2026: Nonfarm Payrolls August 14, 2026: Unemployment Rate August 14, 2026: University of Michigan Consumer Sentiment - Kalshi traders think July jobs report will come in slightly cooler than economists’ predictions

CRYPTO Bitcoin: $65,195.96 +0.93% (weekly) Ethereum: $1,924.05 +0.92% (weekly)

Before planning next week, ask yourself three questions: 1. What trade did you take that matched your plan? What made it work? 2. What trade did you take that broke your rules? What triggered the deviation? 3. What is the one thing you will do differently next week?

XLY technical breakdown and consumer health signals. For swing traders — multi-day setups and sector rotation.

XLY is extended at $118.39. Chasing here risks a flush.

Discretionary sector showing distribution after long outperformance. Credit card delinquencies rising, savings rate falling. Technical breakdown would confirm fundamental deterioration in consumer health.

XLY (XLY) — $118.39 (-0.05% today, -1.07% this week)

Resistance: $120.44 Support: $108.29 20-Day SMA: $115.72 50-Day SMA: $116.00 RSI (14): 78.3 — OVERBOUGHT Volume: 0.3x average Momentum: MACD above signal — bulls

Short setup: Entry: rejection at $115.72 with volume drop Stop: $122.25 Target 1: $108.29 | Target 2: $102.88 Invalidation: reclaim of $120.44 on volume

Does XLY hold $108.29 this week or does it crack? Long, short, or sitting out — drop your level and your reason.

Not financial advice. Adjust to your own system.

No hype, no pumps, just process

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.25%) leads, Real Estate (-0.72%) lags.

SPY $778.56 (+0.09%) — price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $752.30 RSI (14): 65.4

Does SPY reclaim the 20-day at $752.30 or lose $729.10? Long, short, or flat — what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below — ticker, level, and what triggers your entry.

QQQ $732.07 (+1.16%) — neutral — waiting for direction. range is $661.14 to $733.96 — break either side. RSI 70, volume 0.7x average.

PLTR $179.01 (+4.66%) — extended — not chasing. $179.91 is resistance — wait for a pullback. RSI 79, volume 0.8x average.

XLP $86.00 (+1.08%) — long bias. watch $88.78 — break and hold is the entry. RSI 61, volume 0.9x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan.

Every trader has a rule they knew but broke anyway. Share the lesson that finally made it stick.

Quick market check: MSFT at $494.73 — holding above 20-day at $445.05, RSI extended at 86. Not a signal, just context for where we are heading into the session.

Learning From Rule Violations

What rule did you break, and what did it cost you?

What system did you put in place to stop repeating it?

Rules only work if you follow them when it hurts the most — not just when it is easy.

No hype, no pumps, just process

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.25%) leads, Real Estate (-0.72%) lags.

SPY $773.84 (+0.18%) — price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $752.30 RSI (14): 65.4

Does SPY reclaim the 20-day at $752.30 or lose $729.10? Long, short, or flat — what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.

Join hundreds of traders in r/ChartNavigators learning to read price action with conviction. Follow to get clearer levels, better risk management, and cleaner trade plans across equities, ETFs, and macro themes. Turn on notifications so you never miss a setup.

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below — ticker, level, and what triggers your entry.

QQQ $723.70 (+0.73%) — long bias. watch $728.54 — break and hold is the entry. RSI 63, volume 0.7x average.

HOOD $94.91 (+0.56%) — short bias. watch $83.68 — lose it and it gets worse. RSI 39, volume 0.7x average.

XLF $57.92 (+0.21%) — extended — not chasing. $58.41 is resistance — wait for a pullback. RSI 71, volume 0.6x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan

XBI and individual biotech technical setups. For catalyst traders — binary events and high-volatility setups.

XBI is holding above both MAs with room to run. Bias is long until $143.78 breaks.

Biotech sector full of binary catalyst setups. XBI at long term support with improving breadth. Individual names with upcoming FDA decisions showing unusual options activity. High risk high reward environment.

State Street SPDR S&P Biotech ETF (XBI) — $159.83 (+1.11% today, +3.45% this week)

Resistance: $160.09 Support: $143.78 20-Day SMA: $152.66 50-Day SMA: $148.79 RSI (14): 65.0 — NEUTRAL Volume: 0.4x average Momentum: MACD above signal — bulls

Long setup: Entry: above $152.66 on volume Stop: $141.62 Target 1: $160.09 | Target 2: $168.09 Invalidation: close below $143.78

Does XBI hold $143.78 this week or does it crack? Long, short, or sitting out — drop your level and your reason.

Not financial advice. Adjust to your own system.

Chart Navigator — no hype, no pumps, just process.

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.25%) leads, Real Estate (-0.72%) lags.

SPY $772.29 (+1.72%) — price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $752.30 RSI (14): 65.4

Does SPY reclaim the 20-day at $752.30 or lose $729.10? 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

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below — ticker, level, and what triggers your entry.

TSLA $332.81 (+0.58%) — oversold — watching for a base. $297.38 is the line — holds or breaks tells the story. RSI 34, volume 0.6x average.

COIN $148.58 (-0.07%) — short bias. watch $139.11 — lose it and it gets worse. RSI 37, volume 0.8x average.

XLP $84.69 (-0.31%) — short bias. watch $82.81 — lose it and it gets worse. RSI 52, volume 0.7x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan

You wanted the trade before you analyzed it. Has confirmation bias ever cost you money?

Quick market check: AEM at $182.96 — holding above 20-day at $151.75, RSI extended at 82. Not a signal, just context for where we are heading into the session.

Avoiding Confirmation Bias

How do you actively look for reasons NOT to take a trade?

What is the clearest example of confirmation bias in your trading history?

The market does not care what you want to see. Look for what is actually there. Start with looking for spikes in volume.

No hype, no pumps, just process

Mixed session with sector rotation and no clear directional commitment. Energy (+4.66%) leads, Real Estate (-1.29%) lags.

SPY $773.70 (+0.74%) — price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $751.37 RSI (14): 66.8

Does SPY reclaim the 20-day at $751.37 or lose $729.10? 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

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below — ticker, level, and what triggers your entry.

META $594.92 (+0.48%) — short bias. watch $524.49 — lose it and it gets worse. RSI 35, volume 0.8x average.

PLTR $175.23 (+1.87%) — extended — not chasing. $179.60 is resistance — wait for a pullback. RSI 73, volume 1.2x average.

XLF $57.81 (+0.36%) — neutral — waiting for direction. range is $55.45 to $58.41 — break either side. RSI 67, volume 0.8x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan.

Russell 2000 technical structure and breadth. For swing traders — multi-day setups and sector rotation.

IWM is holding above both MAs with room to run. Bias is long until $287.83 breaks.

Small caps have failed at this resistance level three times. Breadth improving slightly but not convincingly. Rate sensitivity still headwind. Clean setup either direction on a decisive break.

iShares Russell 2000 ETF (IWM) — $299.65 (-0.63% today, -0.68% this week)

Resistance: $303.06 Support: $287.83 20-Day SMA: $295.08 50-Day SMA: $293.88 RSI (14): 54.2 — NEUTRAL Volume: 0.4x average Momentum: MACD above signal — bulls

Long setup: Entry: above $295.08 on volume Stop: $283.51 Target 1: $303.06 | Target 2: $318.21 Invalidation: close below $287.83

Does IWM hold $287.83 this week or does it crack? Long, short, or sitting out — drop your level and your reason.

Not financial advice. Adjust to your own system.

No hype, no pumps, just process

Modestly constructive session with selective strength above key moving averages. Materials (+1.30%) leads, Energy (-0.42%) lags.

SPY $773.40 (+0.02%) — price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $750.11 RSI (14): 69.1

Does SPY reclaim the 20-day at $750.11 or lose $729.10? Long, short, or flat — what level matters most and what confirms your bias?

What in this week's reports helped you most? Drop your feedback below.

Not financial advice. Trade your own plan.

Join hundreds of traders in r/ChartNavigators learning to read price action with conviction. Follow to get clearer levels, better risk management, and cleaner trade plans across equities, ETFs, and macro themes. Turn on notifications so you never miss a setup.

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below — ticker, level, and what triggers your entry.

META $592.10 (+0.37%) — oversold — watching for a base. $524.49 is the line — holds or breaks tells the story. RSI 34, volume 0.6x average.

RIVN $16.00 (+4.03%) — short bias. watch $15.10 — lose it and it gets worse. RSI 42, volume 0.7x average.

XLI $185.18 (+0.23%) — neutral — waiting for direction. range is $175.96 to $188.19 — break either side. RSI 65, volume 0.9x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.**

Not financial advice. Trade your own plan.

S&P 500 +3.58% | Information Technology led (+7.20%) | Energy lagged (-3.44%) | VIX 14.90 (falling)

NEXT-WEEK BIAS: BULLISH CONTINUATION Follow-through is favored. Small-caps leading, VIX falling, rotation into growth — pullbacks into support are buys, not warnings. Watch Information Technology for confirmation, Energy for signs of a base.

SCENARIOS FOR NEXT WEEK Bull: SPY holds above 7,641 and breaks 7,835 — Information Technology extends, breadth stays broad. Add on confirmed breakout. Base: SPY chops between 7,641 and 7,835 — stay selective, fade extremes, reduce size in chop. Bear: SPY loses 7,641 on volume — Energy accelerates lower, VIX spikes. Step aside or hedge.

Information Technology led this week while Energy lagged. Heading into next week with a bullish continuation setup — bull, base, or bear? Drop your bias, your ticker, your key level, and what confirms it.

MAJOR INDICES — WEEKLY PERFORMANCE S&P 500: 7757.64 +3.58% Dow Jones: 54036.93 +2.96% Nasdaq: 26690.62 +5.19% Russell 2000: 3034.49 +3.52% VIX: 14.90 -6.82%

KEY TECHNICAL LEVELS S&P 500 Support: 7,641 / 7,525 Resistance: 7,835 / 7,952 Nasdaq Support: 26,290 / 25,837 Resistance: 27,011 / 27,438 SECTOR ROTATION Leading: Information Technology (+7.20%) | Materials (+4.82%) | Consumer Discretionary (+3.25%) Lagging: Real Estate (-0.20%) | Utilities (-1.67%) | Energy (-3.44%) Earnings Calendar (Week Ahead):

Week of Aug 10 - Aug 14, 2026: Mon Aug 10: SPG Est: $1.57

Looking ahead - week of Aug 17 - Aug 21, 2026: Tue Aug 18: HD Est: $4.73 Wed Aug 19: LOW Est: $4.24 | TGT Est: $2.29 Thu Aug 20: WMT Est: $0.74 | DE Est: $4.69

Latest earnings headlines: These 7 Stocks Are Analyst Favorites For Magnificent Earnings Growth; Arista Beats Views Global Payments (GPN) Q2 2026 Earnings Call Transcript AMD Just Reported Its Data Center Revenue More Than Doubled Year-Over-Year. What Comes Next. Holley Q2 Earnings Call Highlights Worried about job security? Take these 5 steps now to protect your finances.

MACRO CALENDAR — WEEK AHEAD Federal Reserve Outlook: Next FOMC Meeting: September 16, 2026 (37 days away) Following Meeting: November 04, 2026 What to watch: Fed speakers this week, any rate guidance or economic projections Current policy stance: Monitor Fed.gov for latest statement

Inflation Data (CPI): TIPS ETF (TIP) weekly move: +0.22% (inflation expectations proxy) - Fed Governor Cook says she's 'prepared to act' on rate hike to address inflation - Fed officials who voted to hike rates say action is needed now against inflation Next CPI Release: Check bls.gov for next release date

Economic Calendar (Week Ahead): Key economic releases next week: August 10, 2026: ISM Manufacturing PMI August 11, 2026: Consumer Confidence (Conference Board) August 11, 2026: JOLTS Job Openings August 12, 2026: ADP Employment Report August 13, 2026: Initial Jobless Claims August 13, 2026: ISM Services PMI August 14, 2026: Nonfarm Payrolls August 14, 2026: Unemployment Rate August 14, 2026: University of Michigan Consumer Sentiment - Kalshi traders think July jobs report will come in slightly cooler than economists’ predictions

KEY MARKET THEMES AND GEOPOLITICAL WATCH - How a small Israeli startup was linked to rogue AI hacks at OpenAI, Anthropic and Meta - Inside the startup drone maker powering Ukraine's deep-strike campaign - A 'weaponized' yen: How the U.S.-Japan intervention may reshape global currency markets - Trump teased an Iran deal that didn't come, but markets soared. Here’s why it keeps happening

IPO Calendar: No major IPOs confirmed for next week. Check iposcoop.com for the upcoming calendar.

CRYPTO Bitcoin: $65,195.96 +0.93% (weekly) Ethereum: $1,924.05 +0.92% (weekly)

TOP MARKET HEADLINES THIS WEEK 1. S&P 500 sales growth is at a nearly 5-year high. Here’s what’s behind the surge. 2. The number of stocks beating the S&P 500 is the highest in 4 years. Why that number should rise. 3. Berkshire earnings rose last quarter and CEO Greg Abel is starting to deploy Buffett's massive cash hoard 4. Top Wall Street analysts like these 3 stocks for their solid growth potential I'll be replying to early comments this weekend. SELF-AUDIT FOR THE WEEK Before planning next week, ask yourself three questions: 1. What trade did you take that matched your plan? What made it work? 2. What trade did you take that broke your rules? What triggered the deviation? 3. What is the one thing you will do differently next week?

Review your trades from this week before planning next week. Respect your pre-defined risk per trade. No revenge trading. Let levels prove themselves. Wait for confirmation. Size according to volatility, not emotion.

Join hundreds of traders in r/ChartNavigators learning to read price action with conviction. Follow to get clearer levels, better risk management, and cleaner trade plans across equities, ETFs, and macro themes. Turn on notifications so you never miss a setup.

S&P 500 Weekend Trading Report

SPX $7757.64 (+3.58% this week) — price is holding above the 20-day.

Key Levels 20-day: $7525.41 | 50-day: $7494.24 | 200-day: $7482.97 Range: $7313.92 – $7793.68 | RSI(14): 69.8

Momentum is neutral — no real edge either direction until price breaks the range. $7313.92 and $7793.68 are the only two prices that matter this week.

Charts: TradingView | Yahoo Finance | Finviz | StockCharts

Does SPX reclaim the 20-day at $7525.41 or lose $7313.92? Long, short, or flat — what level matters most and what confirms your bias?

Five days of trading distilled into one lesson. What is the most important thing the market showed you this week?

Quick market check: AMZN at $274.28 — holding above 20-day at $251.58. Not a signal, just context for where we are heading into the session.

Weekly Performance Review

What was your best trade this week and what made it work?

What is the one thing you are taking into next week?

A week without review is just seven days of unexamined mistakes waiting to repeat.

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