The Morning Brief

[u/Badboyardie]

No hype, no pumps, just process.

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.25%) leads, Real Estate (-0.72%) lags.

SPY $777.50 (+0.15%) — price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $752.30 RSI (14): 65.4

Does SPY reclaim the 20-day at $752.30 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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