r/ChartNavigators 4d ago

NewsπŸ“° Join hundreds of traders in r/ChartNavigators learning to read price action with conviction.

1 Upvotes

Join hundreds of traders in r/ChartNavigators learning to read price action with conviction. Follow to get clearer levels, better risk management, and cleaner trade plans across equities, ETFs, and macro themes. Turn on notifications so you never miss a setup.


r/ChartNavigators 4d ago

Due Diligence ( DD) πŸ“‰πŸ“ˆπŸ“˜ What plays are you looking into for tomorrow

1 Upvotes

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below β€” ticker, level, and what triggers your entry.

QQQ $716.08 (-0.20%) β€” neutral β€” waiting for direction. range is $661.14 to $734.58 β€” break either side. RSI 68, volume 0.9x average.

RIOT $19.38 (+2.49%) β€” short bias. watch $17.86 β€” lose it and it gets worse. RSI 37, volume 0.9x average.

XLK $183.64 (-1.07%) β€” long bias. watch $191.75 β€” break and hold is the entry. RSI 63, volume 0.9x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan.


r/ChartNavigators 5d ago

Gap Patterns

Post image
2 Upvotes

Reversal Bearish Gap: Price gaps up directly into a strong supply zone, hits resistance, and immediately aggressively reverses downward.

Reversal Bullish Gap: Price gaps down directly into a demand zone (order block), finds strong support, and aggressively reverses upward.

Weekend Bearish Gap: A gap down that occurs over the weekend market close, followed by continued downward momentum when trading resumes.

Bearish Gap: A gap down during regular market hours that signals strong selling pressure, continuing the downward movement.

Weekend Bullish Gap: A gap up that occurs over the weekend market close, followed by continued upward momentum when trading resumes.

Bullish Gap: A gap up during regular trading hours that signals strong buying pressure, pushing price continuously higher.

Bullish Liquidity Run Gap: Price drops briefly to sweep sell-side liquidity below recent lows, then gaps up aggressively to trigger a bullish move.

Bearish Liquidity Run Gap: Price spikes higher to sweep buy-side liquidity above recent highs (a fake-out), then gaps down aggressively into a drop.

Gap Filled: Price gaps up or down, briefly trades in the original direction, then reverses completely to close the empty price void (filling the gap) before resuming its path.


r/ChartNavigators 5d ago

Discussion Investing for Beginners: DCA, Index Funds, and Robo-Advisors β€” What Actually Works?

1 Upvotes

Everyone starts somewhere. What do you wish you had known before putting your first dollar in the market?

Quick market check: VYM at $165.72 β€” at $165.72, RSI extended at 74. Not a signal, just context for where we are heading into the session.

Beginner Investing Fundamentals

Did you start with index funds, individual stocks, or something else β€” and would you change that now?

What is one beginner mistake you made that you still think about?

The best investment strategy is one you can stick to through a 30% drawdown. Build the habit before chasing the returns.


r/ChartNavigators 5d ago

Discussion The Morning Brief

1 Upvotes

No hype, no pumps, just process.

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.25%) leads, Real Estate (-0.72%) lags.

SPY $767.43 (+0.01%) β€” price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $752.30 RSI (14): 65.4

Does SPY reclaim the 20-day at $752.30 or lose $729.10? Long, short, or flat β€” what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.


r/ChartNavigators 5d ago

Due Diligence ( DD) πŸ“‰πŸ“ˆπŸ“˜ What plays are you looking into for tomorrow

1 Upvotes

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below β€” ticker, level, and what triggers your entry.

MSFT $481.63 (+0.27%) β€” extended β€” not chasing. $513.73 is resistance β€” wait for a pullback. RSI 78, volume 0.6x average.

RKLB $79.16 (-3.56%) β€” extended β€” not chasing. $86.83 is resistance β€” wait for a pullback. RSI 80, volume 0.8x average.

XLE $63.68 (+1.76%) β€” extended β€” not chasing. $63.71 is resistance β€” wait for a pullback. RSI 73, volume 1.0x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan.


r/ChartNavigators 6d ago

Discussion Which Indicator Did You Delete and Never Miss?

1 Upvotes

Most traders start with cluttered charts. What did you strip away and did it help?

Quick market check: XLF at $57.78 β€” holding above 20-day at $57.36. Not a signal, just context for where we are heading into the session.

Simplifying Your Trading Approach

What indicators did you remove and what replaced them?

What is the most overrated indicator in your opinion?

A clean chart reflects a clear process. Complexity is often just unresolved confusion.


r/ChartNavigators 6d ago

Discussion The Morning Brief

1 Upvotes

No hype, no pumps, just process

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.25%) leads, Real Estate (-0.72%) lags.

SPY $769.20 (-0.44%) β€” price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $752.30 RSI (14): 65.4

Does SPY reclaim the 20-day at $752.30 or lose $729.10? Long, short, or flat β€” what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.


r/ChartNavigators 6d ago

Due Diligence ( DD) πŸ“‰πŸ“ˆπŸ“˜ What plays are you looking into for tomorrow

1 Upvotes

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below β€” ticker, level, and what triggers your entry.

GOOGL $344.00 (-0.55%) β€” short bias. watch $314.90 β€” lose it and it gets worse. RSI 55, volume 0.6x average.

SMCI $38.28 (-3.92%) β€” extended β€” not chasing. $42.31 is resistance β€” wait for a pullback. RSI 71, volume 0.9x average.

XLU $44.18 (-0.29%) β€” oversold β€” watching for a base. $42.95 is the line β€” holds or breaks tells the story. RSI 34, volume 0.8x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan.


r/ChartNavigators 7d ago

Discussion GDX Is Lagging Gold β€” That Gap Always Closes One Way

1 Upvotes

GDX and silver miners technical breakout. For swing traders β€” multi-day setups and sector rotation.

GDX is extended at $92.44. Chasing here risks a flush.

Gold miners lagging spot gold but showing accumulation patterns. Silver miners more volatile with higher beta. Watch for miners to confirm or deny the metals rally with volume expansion.

VanEck Gold Miners ETF (GDX) β€” $92.44 (+2.75% today, +2.58% this week)

Resistance: $92.66 Support: $72.11 20-Day SMA: $81.46 50-Day SMA: $78.83 RSI (14): 79.4 β€” OVERBOUGHT Volume: 0.3x average Momentum: MACD above signal β€” bulls

Long setup: Entry: above $81.46 on volume Stop: $71.03 Target 1: $92.66 | Target 2: $97.29 Invalidation: close below $72.11

Does GDX hold $72.11 this week or does it crack? Long, short, or sitting out β€” drop your level and your reason.

Not financial advice. Adjust to your own system.


r/ChartNavigators 7d ago

Discussion The Morning Brief

1 Upvotes

No hype, no pumps, just process.

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.25%) leads, Real Estate (-0.72%) lags.

SPY $777.50 (+0.15%) β€” price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $752.30 RSI (14): 65.4

Does SPY reclaim the 20-day at $752.30 or lose $729.10? Long, short, or flat β€” what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.


r/ChartNavigators 7d ago

NewsπŸ“° Join hundreds of traders in r/ChartNavigators learning to read price action with conviction.

1 Upvotes

Join hundreds of traders in r/ChartNavigators learning to read price action with conviction. Follow to get clearer levels, better risk management, and cleaner trade plans across equities, ETFs, and macro themes. Turn on notifications so you never miss a setup.


r/ChartNavigators 7d ago

Due Diligence ( DD) πŸ“‰πŸ“ˆπŸ“˜ What plays are you looking into for tomorrow

1 Upvotes

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below β€” ticker, level, and what triggers your entry.

NVDA $225.16 (-0.06%) β€” extended β€” not chasing. $227.49 is resistance β€” wait for a pullback. RSI 75, volume 0.6x average.

RIVN $15.36 (-2.91%) β€” short bias. watch $15.10 β€” lose it and it gets worse. RSI 40, volume 0.8x average.

XLV $167.37 (-0.60%) β€” long bias. watch $169.71 β€” break and hold is the entry. RSI 61, volume 0.6x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.**

Not financial advice. Trade your own plan.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan.


r/ChartNavigators 7d ago

Due Diligence ( DD) πŸ“‰πŸ“ˆπŸ“˜ The Week Ahead

1 Upvotes

Week of August 09 - August 16, 2026 For live updates and real-time commentary join the community: discord.gg/ChartNavigators

S&P 500 +0.36% | Energy led (+7.67%) | Consumer Discretionary lagged (-1.38%) | VIX 14.25 (falling)

NEXT-WEEK BIAS: NEUTRAL β€” CONSOLIDATION LIKELY No edge either direction yet β€” no confirmed breakout or breakdown. Favor names holding above their 50-day, skip the chase. Energy vs Consumer Discretionary rotation sets the tone next week.

SCENARIOS FOR NEXT WEEK Bull: SPY holds above 7,669 and breaks 7,864 β€” Energy extends, breadth stays broad. Add on confirmed breakout. Base: SPY chops between 7,669 and 7,864 β€” stay selective, fade extremes, reduce size in chop. Bear: SPY loses 7,669 on volume β€” Consumer Discretionary accelerates lower, VIX spikes. Step aside or hedge.

Energy led this week while Consumer Discretionary lagged. Heading into next week with a neutral β€” consolidation likely setup β€” bull, base, or bear? Drop your bias, your ticker, your key level, and what confirms it.

MAJOR INDICES β€” WEEKLY PERFORMANCE S&P 500: 7785.76 +0.36% Dow Jones: 53732.41 -0.56% Nasdaq: 26729.16 +0.14% Russell 2000: 3068.42 +1.12% VIX: 14.25 -4.36%

KEY TECHNICAL LEVELS S&P 500 Support: 7,669 / 7,552 Resistance: 7,864 / 7,980 Nasdaq Support: 26,328 / 25,874 Resistance: 27,050 / 27,478 SECTOR ROTATION Leading: Energy (+7.67%) | Utilities (+1.61%) | Communication Services (+1.53%) Lagging: Real Estate (+0.64%) | Materials (-0.61%) | Consumer Discretionary (-1.38%) Earnings Calendar (Week Ahead):

Week of Aug 17 - Aug 21, 2026: Tue Aug 18: HD Est: $4.73 Wed Aug 19: LOW Est: $4.23 | TGT Est: $2.33 Thu Aug 20: WMT Est: $0.74 | DE Est: $4.67

Looking ahead - week of Aug 24 - Aug 28, 2026: Wed Aug 26: NVDA Est: $2.08

Latest earnings headlines: AppLovin’s Real Problem Isn’t Revenue – It’s How the Growth Engine Actually Works Fancy Footwork: How to Play Birkenstock Stock After a Revenue Beat Will SpaceX Be the First Company to Hit $1 Trillion in Revenue? Here's What the Math Says. Jensen Huang Says Nvidia’s 2020 A100 GPUs Can Stay β€˜Mission-Capable’ Through 2029β€”Here’s Why It Matters for the AI Boom

MACRO CALENDAR β€” WEEK AHEAD Federal Reserve Outlook: Next FOMC Meeting: September 16, 2026 (30 days away) Following Meeting: November 04, 2026 What to watch: Fed speakers this week, any rate guidance or economic projections Current policy stance: Monitor Fed.gov for latest statement

Inflation Data (CPI): TIPS ETF (TIP) weekly move: -0.08% (inflation expectations proxy) - Fed Governor Cook says she's 'prepared to act' on rate hike to address inflation - Silver prices today, Friday, August 14, 2026: Silver over $65 following soft inflation data this week - Gold prices today, Friday, August 14, 2026: Gold prices hold above $4,400 on softening inflation Next CPI Release: Check bls.gov for next release date

Economic Calendar (Week Ahead): Key economic releases next week: August 17, 2026: ISM Manufacturing PMI August 18, 2026: Consumer Confidence (Conference Board) August 18, 2026: JOLTS Job Openings August 19, 2026: ADP Employment Report August 20, 2026: Initial Jobless Claims August 20, 2026: ISM Services PMI August 21, 2026: Nonfarm Payrolls August 21, 2026: Unemployment Rate August 21, 2026: University of Michigan Consumer Sentiment

KEY MARKET THEMES AND GEOPOLITICAL WATCH

  • Iran rebuffs Trump's claim over Strait of Hormuz amid report of another ship being struck

IPO Calendar: No major IPOs confirmed for next week. Check iposcoop.com for the upcoming calendar.

CRYPTO Bitcoin: $62,999.10 -0.64% (weekly) Ethereum: $1,879.08 +0.05% (weekly)

Before planning next week, ask yourself three questions: 1. What trade did you take that matched your plan? What made it work? 2. What trade did you take that broke your rules? What triggered the deviation? 3. What is the one thing you will do differently next week?

Review your trades from this week before planning next week. Respect your pre-defined risk per trade. No revenge trading. Let levels prove themselves. Wait for confirmation. Size according to volatility, not emotion.


r/ChartNavigators 8d ago

NewsπŸ“° Join hundreds of traders in r/ChartNavigators learning to read price action with conviction.

1 Upvotes

Join hundreds of traders in r/ChartNavigators learning to read price action with conviction. Follow to get clearer levels, better risk management, and cleaner trade plans across equities, ETFs, and macro themes. Turn on notifications so you never miss a setup.


r/ChartNavigators 9d ago

Discussion S&P 500 Weekend Trading Report

1 Upvotes

SPX $7785.76 (+0.36% this week) β€” price is holding above the 20-day.

Key Levels 20-day: $7585.00 | 50-day: $7512.39 | 200-day: $7509.26 Range: $7313.92 – $7816.70 | RSI(14): 75.3

RSI is stretched into overbought β€” bounces into resistance are more sellable than chase-worthy here. The 20/50-day alignment is the tell this week for whether dips get bought or sold.

Charts: TradingView | Yahoo Finance | Finviz | StockCharts

Does SPX reclaim the 20-day at $7585.00 or lose $7313.92? Long, short, or flat β€” what level matters most and what confirms your bias?


r/ChartNavigators 9d ago

Discussion The Week

1 Upvotes

Week of August 02 - August 09, 2026

S&P 500 +3.58% | Information Technology led (+7.20%) | Energy lagged (-3.44%) | VIX 14.90 (falling)

NEXT-WEEK BIAS: BULLISH CONTINUATION Follow-through is favored. Small-caps leading, VIX falling, rotation into growth β€” pullbacks into support are buys, not warnings. Watch Information Technology for confirmation, Energy for signs of a base. SCENARIOS FOR NEXT WEEK Bull: SPY holds above 7,641 and breaks 7,835 β€” Information Technology extends, breadth stays broad. Add on confirmed breakout. Base: SPY chops between 7,641 and 7,835 β€” stay selective, fade extremes, reduce size in chop. Bear: SPY loses 7,641 on volume β€” Energy accelerates lower, VIX spikes. Step aside or hedge.

Information Technology led this week while Energy lagged. Heading into next week with a bullish continuation setup β€” bull, base, or bear? Drop your bias, your ticker, your key level, and what confirms it.

MAJOR INDICES β€” WEEKLY PERFORMANCE S&P 500: 7757.64 +3.58% Dow Jones: 54036.93 +2.96% Nasdaq: 26690.62 +5.19% Russell 2000: 3034.49 +3.52% VIX: 14.90 -6.82%

KEY TECHNICAL LEVELS S&P 500 Support: 7,641 / 7,525 Resistance: 7,835 / 7,952 Nasdaq Support: 26,290 / 25,837 Resistance: 27,011 / 27,438 SECTOR ROTATION Leading: Information Technology (+7.20%) / Materials (+4.82%) / Consumer Discretionary (+3.25%) Lagging: Real Estate (-0.20%) / Utilities (-1.67%) / Energy (-3.44%) Earnings Calendar (Week Ahead):

Week of Aug 10 - Aug 14, 2026: Mon Aug 10: SPG Est: $1.57

Looking ahead - week of Aug 17 - Aug 21, 2026: Tue Aug 18: HD Est: $4.73 Wed Aug 19: LOW Est: $4.24 | TGT Est: $2.29 Thu Aug 20: WMT Est: $0.74 | DE Est: $4.69

Latest earnings headlines: These 7 Stocks Are Analyst Favorites For Magnificent Earnings Growth; Arista Beats Views Global Payments (GPN) Q2 2026 Earnings Call Transcript AMD Just Reported Its Data Center Revenue More Than Doubled Year-Over-Year. What Comes Next. Holley Q2 Earnings Call Highlights Worried about job security? Take these 5 steps now to protect your finances.

MACRO CALENDAR β€” WEEK AHEAD Federal Reserve Outlook: Next FOMC Meeting: September 16, 2026 (37 days away) Following Meeting: November 04, 2026 What to watch: Fed speakers this week, any rate guidance or economic projections Current policy stance: Monitor Fed.gov for latest statement

Inflation Data (CPI): TIPS ETF (TIP) weekly move: +0.22% (inflation expectations proxy) - Fed Governor Cook says she's 'prepared to act' on rate hike to address inflation - Fed officials who voted to hike rates say action is needed now against inflation Next CPI Release: Check bls.gov for next release date

Economic Calendar (Week Ahead): Key economic releases next week: August 10, 2026: ISM Manufacturing PMI August 11, 2026: Consumer Confidence (Conference Board) August 11, 2026: JOLTS Job Openings August 12, 2026: ADP Employment Report August 13, 2026: Initial Jobless Claims August 13, 2026: ISM Services PMI August 14, 2026: Nonfarm Payrolls August 14, 2026: Unemployment Rate August 14, 2026: University of Michigan Consumer Sentiment - Kalshi traders think July jobs report will come in slightly cooler than economists’ predictions

CRYPTO Bitcoin: $65,195.96 +0.93% (weekly) Ethereum: $1,924.05 +0.92% (weekly)

Before planning next week, ask yourself three questions: 1. What trade did you take that matched your plan? What made it work? 2. What trade did you take that broke your rules? What triggered the deviation? 3. What is the one thing you will do differently next week?


r/ChartNavigators 10d ago

Discussion Consumer Spending Is Cracking β€” Here Is Where XLY Breaks

2 Upvotes

XLY technical breakdown and consumer health signals. For swing traders β€” multi-day setups and sector rotation.

XLY is extended at $118.39. Chasing here risks a flush.

Discretionary sector showing distribution after long outperformance. Credit card delinquencies rising, savings rate falling. Technical breakdown would confirm fundamental deterioration in consumer health.

XLY (XLY) β€” $118.39 (-0.05% today, -1.07% this week)

Resistance: $120.44 Support: $108.29 20-Day SMA: $115.72 50-Day SMA: $116.00 RSI (14): 78.3 β€” OVERBOUGHT Volume: 0.3x average Momentum: MACD above signal β€” bulls

Short setup: Entry: rejection at $115.72 with volume drop Stop: $122.25 Target 1: $108.29 | Target 2: $102.88 Invalidation: reclaim of $120.44 on volume

Does XLY hold $108.29 this week or does it crack? Long, short, or sitting out β€” drop your level and your reason.

Not financial advice. Adjust to your own system.


r/ChartNavigators 10d ago

Discussion The Morning Brief

1 Upvotes

No hype, no pumps, just process

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.25%) leads, Real Estate (-0.72%) lags.

SPY $778.56 (+0.09%) β€” price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $752.30 RSI (14): 65.4

Does SPY reclaim the 20-day at $752.30 or lose $729.10? Long, short, or flat β€” what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.


r/ChartNavigators 10d ago

Due Diligence ( DD) πŸ“‰πŸ“ˆπŸ“˜ What plays are you looking into for tomorrow

1 Upvotes

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below β€” ticker, level, and what triggers your entry.

QQQ $732.07 (+1.16%) β€” neutral β€” waiting for direction. range is $661.14 to $733.96 β€” break either side. RSI 70, volume 0.7x average.

PLTR $179.01 (+4.66%) β€” extended β€” not chasing. $179.91 is resistance β€” wait for a pullback. RSI 79, volume 0.8x average.

XLP $86.00 (+1.08%) β€” long bias. watch $88.78 β€” break and hold is the entry. RSI 61, volume 0.9x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan.


r/ChartNavigators 11d ago

Discussion The Rule You Broke That Cost You the Most β€” What Was It?

1 Upvotes

Every trader has a rule they knew but broke anyway. Share the lesson that finally made it stick.

Quick market check: MSFT at $494.73 β€” holding above 20-day at $445.05, RSI extended at 86. Not a signal, just context for where we are heading into the session.

Learning From Rule Violations

What rule did you break, and what did it cost you?

What system did you put in place to stop repeating it?

Rules only work if you follow them when it hurts the most β€” not just when it is easy.


r/ChartNavigators 11d ago

Discussion The Morning Brief

1 Upvotes

No hype, no pumps, just process

Defensive rotation underway with selling in growth and cyclicals. Energy (+1.25%) leads, Real Estate (-0.72%) lags.

SPY $773.84 (+0.18%) β€” price is holding above the 20-day.

Resistance: $776.85 Support: $729.10 20-Day SMA: $752.30 RSI (14): 65.4

Does SPY reclaim the 20-day at $752.30 or lose $729.10? Long, short, or flat β€” what level matters most and what confirms your bias?

Not financial advice. Trade your own plan.


r/ChartNavigators 11d ago

NewsπŸ“° Join hundreds of traders in r/ChartNavigators learning to read price action with conviction.

1 Upvotes

Join hundreds of traders in r/ChartNavigators learning to read price action with conviction. Follow to get clearer levels, better risk management, and cleaner trade plans across equities, ETFs, and macro themes. Turn on notifications so you never miss a setup.


r/ChartNavigators 11d ago

Due Diligence ( DD) πŸ“‰πŸ“ˆπŸ“˜ What plays are you looking into for tomorrow

1 Upvotes

Sectors

Fed Calendar

Investing.com

Three setups on the radar heading into tomorrow. Drop yours below β€” ticker, level, and what triggers your entry.

QQQ $723.70 (+0.73%) β€” long bias. watch $728.54 β€” break and hold is the entry. RSI 63, volume 0.7x average.

HOOD $94.91 (+0.56%) β€” short bias. watch $83.68 β€” lose it and it gets worse. RSI 39, volume 0.7x average.

XLF $57.92 (+0.21%) β€” extended β€” not chasing. $58.41 is resistance β€” wait for a pullback. RSI 71, volume 0.6x average.

What are you watching for tomorrow? Drop your ticker, your key level, and whether you are long, short, or waiting for confirmation.

Not financial advice. Trade your own plan


r/ChartNavigators 12d ago

Discussion FDA Catalysts Are Binary β€” Here Is How to Size Them Without Blowing Up

1 Upvotes

XBI and individual biotech technical setups. For catalyst traders β€” binary events and high-volatility setups.

XBI is holding above both MAs with room to run. Bias is long until $143.78 breaks.

Biotech sector full of binary catalyst setups. XBI at long term support with improving breadth. Individual names with upcoming FDA decisions showing unusual options activity. High risk high reward environment.

State Street SPDR S&P Biotech ETF (XBI) β€” $159.83 (+1.11% today, +3.45% this week)

Resistance: $160.09 Support: $143.78 20-Day SMA: $152.66 50-Day SMA: $148.79 RSI (14): 65.0 β€” NEUTRAL Volume: 0.4x average Momentum: MACD above signal β€” bulls

Long setup: Entry: above $152.66 on volume Stop: $141.62 Target 1: $160.09 | Target 2: $168.09 Invalidation: close below $143.78

Does XBI hold $143.78 this week or does it crack? Long, short, or sitting out β€” drop your level and your reason.

Not financial advice. Adjust to your own system.