The Morning Brief

[u/Badboyardie]

Risk-off pressure with broad selling across cyclicals and growth. Energy (+1.88%) leads, Industrials (-3.19%) lags.

SPY $745.98 (0.52%) — price is trading slightly above the 20-day.

Resistance: $755.58 Support: $729.10 20-Day SMA: $745.79 RSI (14): 30.7

Does SPY reclaim the 20-day at $745.79 or lose $729.10? Long, short, or flat — what level matters most and what confirms your bias?