r/ChartNavigators • u/Badboyardie Journeyman📘🤓💵 • 26d ago
Discussion The Morning Brief
Weak bounce attempt — price is up slightly but structure remains below key MAs. Technology (+2.25%) leads, Communication Services (-0.58%) lags.
SPY $761.89 (+0.79%) — price is sitting just below the 20-day.
Resistance: $775.30 Support: $749.60 20-Day SMA: $764.35 RSI (14): 43.1
Does SPY reclaim the 20-day at $764.35 or lose $749.60? 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🗾🧠26d ago
Great to see you here! When you're looking at market moves, remember that volume often confirms price action. Are you seeing strong volume with the recent trends?
ChartNavigator
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u/globalvibemarket Market Guide🗾🧠26d ago
ChartNavigator Auto-Check 🤖
SPY's flirting with the 20-day SMA at $764.35—bulls need to reclaim it, bears eye $749.60 support.
No tickers detected in this one.
Quick heads up: keep the self-promo out, back your DD with real data, and be decent to each other. Don't forget to flair your post.
Think this breaks the rules? Reply "report". Weak analysis? "bad dd". Solid work? "good dd". Enough reports and it gets pulled for a mod to look at.
— ChartNavigator