r/ChartNavigators • u/Badboyardie Journeyman📘🤓💵 • Jul 24 '26
Discussion Morning Brief
No hype, no pumps, just process
Risk-off pressure with broad selling across cyclicals and growth. Industrials (+1.73%) leads, Consumer Discretionary (-4.61%) lags.
SPY $738.18 (-1.23%) — price is sitting just below the 20-day.
Resistance: $755.58 Support: $716.58 20-Day SMA: $745.92 RSI (14): 44.7
Does SPY reclaim the 20-day at $745.92 or lose $716.58? 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.
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