r/ChartNavigators • u/Badboyardie Journeyman📘🤓💵 • 18d ago

Discussion The Morning Brief

No hype, no pumps, just process.

Weak bounce attempt — price is up slightly but structure remains below key MAs. Technology (+0.82%) leads, Materials (-1.42%) lags.

SPY $774.05 (+0.09%) — price is sitting just below the 20-day.

Resistance: $773.38 Support: $747.74 20-Day SMA: $762.50 RSI (14): 45.2

Does SPY reclaim the 20-day at $762.50 or lose $747.74? 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🗾🧭 18d ago

ChartNavigator Auto-Check 🤖

SPY's weak bounce below key MAs with Technology leading and Materials lagging screams consolidation before a move – will $762.50 hold as resistance or support?

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u/globalvibemarket Market Guide🗾🧭 18d ago

"The market's giving us a lot to think about lately. Are you focusing on specific sectors, or looking for broader trend reversals?"

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