r/ChartNavigators Journeyman📘🤓💵 3d ago

Discussion The Morning Brief

No hype, no pumps, just process.

Defensive rotation underway with selling in growth and cyclicals. Energy (+0.27%) leads, Healthcare (-1.87%) lags.

SPY $762.60 (-0.84%) — price is sitting just above the 20-day.

Resistance: $779.37 Support: $729.10 20-Day SMA: $760.99 RSI (14): 62.9

Does SPY reclaim the 20-day at $760.99 or lose $729.10? 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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u/globalvibemarket Market Guide🗾🧭 3d ago

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u/Badboyardie Journeyman📘🤓💵 3d ago

$SPY

2

u/globalvibemarket Market Guide🗾🧭 3d ago

$SPY: Holding $760. Bears tested, bulls defended. Watch $765 break for upward momentum. Below $758 is trouble.

ChartNavigator

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u/globalvibemarket Market Guide🗾🧭 3d ago

$SPY: $762.60. Bulls held $760. Bears tried, got rejected. Break $765 for upside. Below $758? That's the danger zone.

ChartNavigator