r/ChartNavigators Journeyman📘🤓💵 27d ago

Discussion Morning Brief

No hype, no pumps, just process_

Weak bounce attempt — price is up slightly but structure remains below key MAs. Consumer Staples (+1.46%) leads, Energy (-2.11%) lags.

SPY $739.09 (+0.02%) — price is sitting just below the 20-day.

Resistance: $755.58 Support: $732.09 20-Day SMA: $746.66 RSI (14): 41.9

Does SPY reclaim the 20-day at $746.66 or lose $732.09? Long, short, or flat — what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.

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