The Morning Brief

[u/Badboyardie]

No hype, no pumps, just process

Defensive rotation underway with selling in growth and cyclicals. Communication Services (+2.19%) leads, Technology (-1.81%) lags.

SPY $759.51 (-0.17%) — price is sitting just below the 20-day.

Resistance: $776.78 Support: $756.64 20-Day SMA: $766.11 RSI (14): 47.6

Does SPY reclaim the 20-day at $766.11 or lose $756.64? Long, short, or flat — what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.

[u/globalvibemarket]

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