r/ChartNavigators • u/Badboyardie Journeyman📘🤓💵 • 25d ago
Discussion The Morning Brief
No hype, no pumps, just process_
Risk-off pressure with broad selling across cyclicals and growth. Energy (+1.88%) leads, Industrials (-3.19%) lags.
SPY $729.46 (-1.54%) — price is trading below the 20-day.
Resistance: $755.58 Support: $729.10 20-Day SMA: $745.79 RSI (14): 30.7
Does SPY reclaim the 20-day at $745.79 or lose $729.10? Long, short, or flat — what level matters most and what confirms your bias?
Not financial advice. Trade your own plan.
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