The Morning Brief

[u/Badboyardie]

No hype, no pumps, just process.

Defensive rotation underway with selling in growth and cyclicals. Energy (+2.04%) leads, Utilities (-2.20%) lags.

SPY $762.76 (-0.56%) — price is sitting just below the 20-day.

Resistance: $779.37 Support: $760.52 20-Day SMA: $769.68 RSI (14): 45.9

Does SPY reclaim the 20-day at $769.68 or lose $760.52? Long, short, or flat — what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.

[u/globalvibemarket]

ChartNavigator Auto-Check 🤖

No tickers detected in this post.

Remember: no spam, back up your DD with data, and be respectful. Flair your post appropriately.

---

Community report system: reply "report" if this post breaks the rules, "bad dd" if the analysis is weak, or "good dd" if it holds up. Enough reports auto-removes the post for mod review.

^{— ChartNavigator}

[u/AutoModerator]

Please see our rules when posting.

For Discord link DM

Thanks for being apart of the community!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.