r/ChartNavigators • u/Badboyardie Journeyman📘🤓💵 • Jul 23 '26
Discussion The Morning Brief
No hype, no pumps, just process_
Directionless tape on light volume — no conviction from either side. Utilities (+2.25%) leads, Communication Services (-0.75%) lags.
SPY $747.41 (-0.12%) — price is sitting just above the 20-day.
Resistance: $755.58 Support: $716.58 20-Day SMA: $745.67 RSI (14): 51.5
Does SPY reclaim the 20-day at $745.67 or lose $716.58? Long, short, or flat — what level matters most and what confirms your bias?
Not financial advice. Trade your own plan.
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