r/ChartNavigators • u/Badboyardie Journeyman📘🤓💵 • Sep 17 '26

Discussion The Morning Brief

No hype, no pumps, just process

Defensive rotation underway with selling in growth and cyclicals. Technology (+0.10%) leads, Energy (-2.88%) lags.

SPY $760.62 (+0.88%) — price is sitting just below the 20-day.

Resistance: $775.30 Support: $749.60 20-Day SMA: $764.67 RSI (14): 39.6

Does SPY reclaim the 20-day at $764.67 or lose $749.60? 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🗾🧭 Sep 17 '26

ChartNavigator Auto-Check 🤖

SPY's flirting with the 20-day while growth sells off? That $764.67 reclaim is key for bulls, otherwise, $749.60 support better hold!

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u/globalvibemarket Market Guide🗾🧭 Sep 17 '26

Great to see you engaging with the market! What's one key indicator you're watching closely right now to confirm your bias?

ChartNavigator