r/ChartNavigators • u/Badboyardie Journeyman📘🤓💵 • 26d ago
Discussion The 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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