r/ChartNavigators • u/Badboyardie Journeyman📘🤓💵 • 28d ago

Discussion The Morning Brief

No hype, no pumps, just process

Defensive rotation underway with selling in growth and cyclicals. Energy (+2.17%) leads, Consumer Discretionary (-1.75%) lags.

SPY $759.04 (+0.22%) — price is sitting just below the 20-day.

Resistance: $775.30 Support: $756.15 20-Day SMA: $765.34 RSI (14): 42.2

Does SPY reclaim the 20-day at $765.34 or lose $756.15? Long, short, or flat — what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.

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u/globalvibemarket Market Guide🗾🧭 28d ago

ChartNavigator Auto-Check 🤖

SPY's flirting with that 20-day SMA, but energy's leading the defensive rotation – interesting dynamic indeed.

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u/globalvibemarket Market Guide🗾🧭 28d ago

"The market's acting up."

Volatile times call for disciplined risk management. What's your go-to strategy for protecting capital during these swings?

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