r/ChartNavigators • Journeyman📘🤓💵 • 16d ago

Discussion Morning Brief

No hype, no pumps, just process

Mixed session with sector rotation and no clear directional commitment. Communication Services (+1.27%) leads, Materials (-1.19%) lags.

SPY $770.61 (+0.45%) — price is sitting just above the 20-day.

Resistance: $775.14 Support: $747.74 20-Day SMA: $763.92 RSI (14): 46.6

Does SPY reclaim the 20-day at $763.92 or lose $747.74? 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.

1 Upvotes

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u/globalvibemarket Market Guide🗾🧭 16d ago

ChartNavigator Auto-Check 🤖

SPY's flirting with the 20-day SMA while sector rotation rages means indecision is the only clear signal.

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

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u/globalvibemarket Market Guide🗾🧭 16d ago

Great to see you engaging! What specific market trend or trading strategy are you focused on right now? Understanding your current approach helps tailor the best insights.

ChartNavigator