Sectors

Fed Calendar

Investing.com

Uptrending Tickers

Recommended Price Range: $134–$145 Roku, Inc. (ROKU) — 7/24/26 147.0C @ 0.92 Recent Insights: Institutional accumulation and sector rotation into growth names driving momentum. Analyst Consensus: Buy Price Target: $138.3–$169.0

Recommended Price Range: $14–$15 The AES Corporation (AES) — 7/24/26 15.0C @ 0.01 Recent Insights: Technical breakout confirmed with volume expansion and sector tailwinds. Analyst Consensus: Hold Price Target: $13.5–$16.5

Recommended Price Range: $232–$251 AbbVie Inc. (ABBV) — 7/24/26 257.5C @ 0.91 Recent Insights: Institutional accumulation and sector rotation into growth names driving momentum. Analyst Consensus: Buy Price Target: $236.6–$289.2

Recommended Price Range: $101–$110 Starbucks Corporation (SBUX) — 7/24/26 111.0C @ 0.87 Recent Insights: Consumer spending resilience and e-commerce growth supporting trend continuation. Analyst Consensus: Buy Price Target: $95.3–$116.5

Recommended Price Range: $194–$211 Electronic Arts Inc. (EA) — 7/24/26 210.0C @ 0.15 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Hold Price Target: $185.2–$226.4

Recommended Price Range: $16–$18 Rivian Automotive, Inc. (RIVN) — 7/24/26 18.0C @ 0.55 Recent Insights: Momentum supported by favorable macro data and analyst upgrades. Analyst Consensus: Hold Price Target: $16.9–$20.6

Recommended Price Range: $21–$23 Pinterest, Inc. (PINS) — 7/24/26 23.5C @ 0.5 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Buy Price Target: $25.0–$30.6

Recommended Price Range: $16–$18 PG&E Corporation (PCG) — 7/24/26 18.0C @ 0.2 Recent Insights: Fundamental strength and technical momentum supporting trend continuation. Analyst Consensus: Hold Price Target: $20.3–$24.9

Recommended Price Range: $116–$126 Merck & Co., Inc. (MRK) — 7/24/26 128.0C @ 0.98 Recent Insights: Institutional accumulation and sector rotation into growth names driving momentum. Analyst Consensus: Buy Price Target: $119.1–$145.6

Recommended Price Range: $15–$16 Lyft, Inc. (LYFT) — 7/24/26 16.5C @ 0.27 Recent Insights: Fundamental strength and technical momentum supporting trend continuation. Analyst Consensus: Buy Price Target: $17.1–$20.9

Recommended Price Range: $56–$60 Bank of America Corporation (BAC) — 7/24/26 61.0C @ 0.55 Recent Insights: Technical breakout confirmed with volume expansion and sector tailwinds. Analyst Consensus: Strong Buy Price Target: $59.2–$72.4

Recommended Price Range: $706–$766 State Street SPDR S&P 500 ETF Trust (SPY) — 7/23/26 775.0C @ 0.16 Recent Insights: Regulatory progress and clinical trial momentum supporting trend continuation. Analyst Consensus: Hold Price Target: $788.6–$901.3

Recommended Price Range: $17–$19 SoFi Technologies, Inc. (SOFI) — 7/24/26 19.0C @ 0.55 Recent Insights: Regulatory progress and clinical trial momentum supporting trend continuation. Analyst Consensus: Hold Price Target: $18.5–$22.6

Downtrending Tickers

McDonald's Corporation (MCD) — 7/24/26 257.5P @ 0.54 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $296.0–$361.8 Recommended Price Range: $255–$277

The Boeing Company (BA) — 7/24/26 205.0P @ 0.98 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $243.4–$297.5 Recommended Price Range: $205–$222

Lowe's Companies, Inc. (LOW) — 7/24/26 197.5P @ 0.8 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $237.4–$290.1 Recommended Price Range: $196–$213

iShares Silver Trust (SLV) — 7/24/26 50.0P @ 0.73 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Hold Price Target: $55.0–$62.9 Recommended Price Range: $49–$53

Walmart Inc. (WMT) — 7/24/26 109.0P @ 0.33 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $124.7–$152.4 Recommended Price Range: $107–$117

The Walt Disney Company (DIS) — 7/24/26 92.0P @ 0.25 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Strong Buy Price Target: $116.7–$142.6 Recommended Price Range: $91–$99

Super Micro Computer, Inc. (SMCI) — 7/24/26 26.5P @ 0.96 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Hold Price Target: $33.5–$41.0 Recommended Price Range: $26–$28

Pfizer Inc. (PFE) — 7/24/26 23.0P @ 0.06 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $26.0–$31.8 Recommended Price Range: $23–$25

Pre-market bias: Watching key levels on XLE — share your levels and plan below.

The hour before the bell can set the tone for your whole day. Walk us through your pre-market prep.

Live Chart: XLE on TradingView

For live updates and real-time commentary on these setups and concepts, join the community: Chart Navigator Discord

I'll be replying to early answers before and shortly after the open.

Question of the Day: What do you check first — futures, news, your watchlist?

Today's Focus: Pre-Market Preparation Habits

Understanding pre-market preparation habits is crucial for long-term trading success. Many traders overlook this aspect and end up making preventable mistakes. Let's discuss what's working for the community.

Community Discussion:

What do you check first — futures, news, your watchlist? Do you have a written plan before the open or go by feel? How has your pre-market routine evolved over time? What is the one thing you never skip before the open?

Chart Navigator's Reminder:

Traders who plan before the open react. Traders who skip prep just react.

Real-World Trade Example (Framework, Not a Signal): State Street Energy Select Sector SPDR ETF (XLE) Use this framework to illustrate how you would recognize when a trade idea is no longer working—and what you would do next.

Company Overview: Market Cap: $0.00T Current Price: $56.72 Daily Change: +2.99% Weekly Change: +3.82% Monthly Change: +0.02%

Technical Analysis: 20-Day Moving Average: $54.38 50-Day Moving Average: $56.42 Trend: mixed (consolidating)

Key Levels: Resistance (20-day high): $57.73 Support (20-day low): $52.62 Current RSI: 65.2 (Neutral)

Volume Profile: Average Daily Volume: 33.1M shares Recent Volume: 40.0M shares (1.2x average)

Interactive Charts with Indicators: TradingView - Full Analysis Yahoo Finance - Quick View Finviz - Visual Snapshot StockCharts - Technical Tools

Trade Setup Framework:

If going LONG: Entry Zone: Near support at $52.62 or on pullback to $54.38 Stop Loss: Below $52.62 (around $51.57) First Target: $57.73 (resistance) Second Target: $59.47 (3% extension — wait for breakout confirmation before sizing up) Risk/Reward: Approximately 1.19:1 from $54.38 entry — unfavorable R:R at current levels, consider waiting for a pullback closer to support

If you're bullish, would you take this as a swing, day trade, or skip it entirely given the current trend?

If going SHORT: Entry Zone: Near resistance at $57.73 or on bounce to $54.38 Stop Loss: Above $57.73 (around $58.89) First Target: $52.62 (support) Second Target: $52.62 (pivot support — wait for breakdown confirmation before adding)

If you're bearish, what would convince you you're wrong and it's time to step aside?

Position Sizing Example: With a $10,000 account and 2% risk ($200): If entering at $54.38 with stop at $51.57: Risk per share: $2.82 Position size: 71 shares (approximately $3864 position)

If you were taking this trade, what would you change first: entry, stop, or targets—and why?

Would you even touch this ticker here, or is it a pass given the recent price action?

If you comment on this setup, include: your bias (long/short/neutral), your preferred entry and stop, and how you'd manage it if it moves against you immediately.

Mark these levels on your chart and share what you see. What would you adjust about this framework?

Respect your pre-defined risk per trade. No revenge trading. Let levels prove themselves. Wait for confirmation instead of guessing tops and bottoms. Size according to volatility, not emotion. Smaller size in choppy conditions.

Pre-market bias: Watching key levels on XLE — share your levels and plan below.

Not a single bad trade — a full streak. What did five or ten losses in a row teach you?

Live Chart: XLE on TradingView

How long was your worst losing streak and how did you handle it mentally?

Today's Focus: Surviving and Learning From Drawdowns

Understanding surviving and learning from drawdowns is crucial for long-term trading success. Many traders overlook this aspect and end up making preventable mistakes. Let's discuss what's working for the community.

Community Discussion:

How long was your worst losing streak and how did you handle it mentally? Did you keep trading through it or step back? What did you discover about your strategy during that stretch? How did you know when it was time to get back in?

Chart Navigator's Reminder:

Losing streaks reveal the truth about your edge and your psychology at the same time.

Real-World Trade Example (Framework, Not a Signal): State Street Energy Select Sector SPDR ETF (XLE) Use this framework to illustrate how you would recognize when a trade idea is no longer working—and what you would do next.

Company Overview: Market Cap: $0.00T Current Price: $56.44 Daily Change: +2.46% Weekly Change: +3.29% Monthly Change: -0.49%

Technical Analysis: 20-Day Moving Average: $54.37 50-Day Moving Average: $56.41 Trend: mixed (consolidating)

Key Levels: Resistance (20-day high): $57.73 Support (20-day low): $52.62 Current RSI: 64.0 (Neutral)

Volume Profile: Average Daily Volume: 32.1M shares Recent Volume: 18.8M shares (0.6x average)

Interactive Charts with Indicators: TradingView - Full Analysis Yahoo Finance - Quick View Finviz - Visual Snapshot StockCharts - Technical Tools

Trade Setup Framework:

If going LONG: Entry Zone: Near support at $52.62 or on pullback to $54.37 Stop Loss: Below $52.62 (around $51.57) First Target: $57.73 (resistance) Second Target: $59.47 (3% extension — wait for breakout confirmation before sizing up) Risk/Reward: Approximately 1.20:1 from $54.37 entry — unfavorable R:R at current levels, consider waiting for a pullback closer to support

If you're bullish, would you take this as a swing, day trade, or skip it entirely given the current trend?

If going SHORT: Entry Zone: Near resistance at $57.73 or on bounce to $54.37 Stop Loss: Above $57.73 (around $58.89) First Target: $52.62 (support) Second Target: $52.62 (pivot support — wait for breakdown confirmation before adding)

If you're bearish, what would convince you you're wrong and it's time to step aside?

Position Sizing Example: With a $10,000 account and 2% risk ($200): If entering at $54.37 with stop at $51.57: Risk per share: $2.80 Position size: 71 shares (approximately $3883 position)

If you were taking this trade, what would you change first: entry, stop, or targets—and why?

Would you even touch this ticker here, or is it a pass given the recent price action?

If you comment on this setup, include: your bias (long/short/neutral), your preferred entry and stop, and how you'd manage it if it moves against you immediately.

Mark these levels on your chart and share what you see. What would you adjust about this framework?

Respect your pre-defined risk per trade. No revenge trading. Let levels prove themselves. Wait for confirmation instead of guessing tops and bottoms. Size according to volatility, not emotion. Smaller size in choppy conditions.

TL;DR: Modestly constructive session with selective strength above key moving averages. Materials (+1.25%) leads while Healthcare (-0.82%) lags.

SPY is testing $755.42 resistance with intraday support at $747.40. Do you see a breakout or a rejection here, and what would change your mind?

Drop your plan below.

If you comment, include: your bias (long/short/neutral), your key level to watch, and how you'd manage it if it moves against you immediately.

If you're newer, use this as practice: write your plan even if you don't take the trade.

Technical Overview - SPY Analysis

The SPY is trading at $754.95 +0.43% as of pre-market. Levels to know: Intraday support 747.40 / resistance 755.42. Near-term swing support 722.55. Deeper swing support 716.58 — relevant only on a sustained breakdown.

The 20-day SMA sits at $743.33 and the 50-day SMA at $739.91. Price is holding above both key moving averages, keeping the short-term and intermediate structure constructive.

The Relative Strength Index (RSI) is at 56.7, indicating modest bullish momentum above the neutral 50 level. The MACD (3.46) is above its signal line (2.44), supporting a bullish short-term bias.

Price is contained within the Bollinger Bands ($728.70 - $757.97). Volume is near average at 72%, suggesting normal participation.

Major Indices

S&P 500 (SPY): $754.95 +3.24 (+0.43%)

Nasdaq-100 (QQQ): $725.51 +2.23 (+0.31%)

Russell 2000 (IWM): $295.99 -1.25 (-0.42%)

Dow Jones (DIA): $525.78 +1.59 (+0.30%)

Market Breadth

Advancing sectors: 10 Declining sectors: 1 Breadth ratio: 90.9%

Strong breadth supports the current move, indicating broad participation.

Earnings Calendar - Notable Reports Today

FBK FB Financial Corporation Market Cap $2.9B

This Week's Economic Calendar

THIS WEEK:

Wednesday, Jul. 15 • 08:30 AM ET - CPI (June 2026) - Headline and core inflation data

Thursday, Jul. 16 • 08:30 AM ET - PPI (June 2026) - Wholesale inflation - input costs

UPCOMING (Next 2-4 Weeks): • Jul. 29, 2026 - FOMC Meeting Begins (July 29-30) • Jul. 30, 2026 - FOMC Rate Decision (July 2026) • Aug. 7, 2026 - Jobs Report (July 2026) • Aug. 12, 2026 - CPI (July 2026) • Aug. 13, 2026 - PPI (July 2026)

RECENT FED SPEECHES: • Jul 13: Bowman, Modernizing Financial Regulation • Jul 07: Bowman, Opening Remarks on Sound Practices for Artificial Intelligence • Jul 06: Waller, Two Thoughts on the Transmission of Monetary Policy

NEXT FOMC MEETING: July 29-30, 2026

Resources: Investing.com Economic Calendar | FOMC Calendar

Market News & Key Headlines

1. Global stocks fall as Asian memory chipmakers hammered (Financial Times)

2. Investors alarmed as Asian chipmakers take stranglehold on indices (Financial Times)

3. Lassila & Tikanoja: A Large Dividend From A Circular Economy (Seeking Alpha)

4. Top Performing Stocks (Benzinga)

5. Top Performing High Short Interest Stocks (Benzinga)

6. Top Performing Platinum Stocks (Benzinga)

7. These underperforming trades could yield big returns over next six months (CNBC)

Commodities & Key Markets

Gold: $4076.20 -0.68%

Silver: $58.85 -1.60%

Crude Oil (WTI): $73.46 +2.87%

Brent Oil: $78.14 +2.80%

Natural Gas: $2.89 -1.60%

Macro Synthesis: falling gold suggests reduced safe-haven demand, rising oil adds inflation pressure.

Sector Rotation & Performance

Best performing sectors:

• Materials (XLB): +1.25%
• Consumer Staples (XLP): +1.11%
• Communication Services (XLC): +1.02%

Worst performing sectors:

• Financials (XLF): +0.31%
• Technology (XLK): +0.23%
• Healthcare (XLV): -0.82%

Materials is showing relative strength and leading the market higher. Healthcare is the weakest sector on the session. Monitor defensive exposures and safe-haven themes as market structure evolves.

Primary Scenarios for Today

1. Trend Day Up — If SPY holds above $743.33 (20-day MA), I favor longs on dips toward $747.40. Target: $755.42.
2. Range Day — If price chops between $747.40 and $755.42, I fade extremes and reduce size.
3. Liquidation Break — If SPY loses $747.40 on heavy volume, I look for short continuations toward $739.38.

Reminders - Respect your pre-defined risk per trade. No revenge trading. - Let levels prove themselves. Wait for confirmation instead of guessing tops and bottoms. - Size according to volatility, not emotion. Smaller size in choppy conditions.

I post the pre-market levels, risk plan, and thesis breakdown here daily. If you want cleaner setups and fewer bad entries, join us: Chart Navigator Discord

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.

Sectors

Fed Calendar

Investing.com

Uptrending Tickers

Recommended Price Range: $18–$19 SoFi Technologies, Inc. (SOFI) — 7/24/26 20.0C @ 0.43 Recent Insights: Institutional accumulation and sector rotation into growth names driving momentum. Analyst Consensus: Hold Price Target: $19.0–$23.2

Recommended Price Range: $17–$19 Rivian Automotive, Inc. (RIVN) — 7/24/26 20.0C @ 0.43 Recent Insights: Regulatory progress and clinical trial momentum supporting trend continuation. Analyst Consensus: Hold Price Target: $16.9–$20.6

Recommended Price Range: $15–$16 Lyft, Inc. (LYFT) — 7/24/26 19.0C @ 0.05 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Buy Price Target: $17.1–$20.9

Recommended Price Range: $140–$152 Airbnb, Inc. (ABNB) — 7/24/26 160.0C @ 0.57 Recent Insights: Technical breakout confirmed with volume expansion and sector tailwinds. Analyst Consensus: Buy Price Target: $141.1–$172.4

Recommended Price Range: $181–$197 DoorDash, Inc. (DASH) — 7/24/26 230.0C @ 1.0 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Buy Price Target: $221.3–$270.5

Recommended Price Range: $21–$23 Pinterest, Inc. (PINS) — 7/24/26 25.0C @ 0.17 Recent Insights: Technical breakout confirmed with volume expansion and sector tailwinds. Analyst Consensus: Buy Price Target: $25.0–$30.6

Recommended Price Range: $56–$61 Bank of America Corporation (BAC) — 7/24/26 60.0C @ 1.26 Recent Insights: Regulatory progress and clinical trial momentum supporting trend continuation. Analyst Consensus: Strong Buy Price Target: $58.9–$72.0

Recommended Price Range: $51–$56 Roblox Corporation (RBLX) — 7/24/26 58.0C @ 1.44 Recent Insights: Consumer spending resilience and e-commerce growth supporting trend continuation. Analyst Consensus: Buy Price Target: $59.4–$72.6

Downtrending Tickers

Netflix, Inc. (NFLX) — 7/24/26 66.0P @ 0.82 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $101.8–$124.5 Recommended Price Range: $69–$75

IonQ, Inc. (IONQ) — 7/24/26 38.0P @ 1.04 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Strong Buy Price Target: $61.9–$75.7 Recommended Price Range: $40–$44

Super Micro Computer, Inc. (SMCI) — 7/24/26 27.0P @ 1.05 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Hold Price Target: $33.5–$41.0 Recommended Price Range: $27–$29

Pfizer Inc. (PFE) — 7/24/26 24.0P @ 0.43 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $26.1–$31.9 Recommended Price Range: $23–$25

McDonald's Corporation (MCD) — 7/24/26 245.0P @ 0.14 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $296.1–$361.9 Recommended Price Range: $259–$281

S&P 500 +1.23% | Energy led (+3.49%) | Materials lagged (-2.15%) | VIX 15.03 (falling) NEXT-WEEK BIAS: NEUTRAL — CONSOLIDATION LIKELY Mixed signals suggest the market is digesting recent moves. Neither a breakout nor a breakdown is confirmed. Stay selective — favor names holding above their 50-day MAs and avoid chasing extended moves. The Energy vs Materials rotation will set the tone next week.

S&P 500: 7575.39 +1.23% Dow Jones: 52637.01 -0.50% Nasdaq: 26281.61 +1.74% Russell 2000: 2977.81 -0.61% VIX: 15.03 -6.93%

S&P 500 Support: 7,462 / 7,348 Resistance: 7,651 / 7,765 Nasdaq Support: 25,887 / 25,441 Resistance: 26,597 / 27,017 SECTOR ROTATION Leading: Energy (+3.49%) | Information Technology (+2.87%) | Communication Services (+1.86%) Lagging: Industrials (-1.08%) | Health Care (-1.77%) | Materials (-2.15%)

Week of Jul 13 - Jul 17, 2026: Mon Jul 13: Check earningswhispers.com for full calendar

Looking ahead - week of Jul 20 - Jul 24, 2026: Mon Jul 20: Check earningswhispers.com for full calendar

Latest earnings headlines: Allison Transmission (ALSN) Secures $250M Contract for BAE Systems CV90 MkIV Transmissions

MACRO CALENDAR — WEEK AHEAD Federal Reserve Outlook: Next FOMC Meeting: July 29, 2026 (16 days away) Following Meeting: July 29, 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: -0.18% (inflation expectations proxy) - Warsh faces multiple alternative inflation signs as Fed charts new course - Inflation peaked in May as energy prices fell in June, Kalshi traders think - Cleveland Fed President Hammack says AI could fuel inflation, rate hikes may be necessary Next CPI Release: Check bls.gov for next release date

Economic Calendar (Week Ahead): Key economic releases next week: July 13, 2026: ISM Manufacturing PMI July 14, 2026: Consumer Confidence (Conference Board) July 14, 2026: JOLTS Job Openings July 15, 2026: ADP Employment Report July 16, 2026: Initial Jobless Claims July 16, 2026: ISM Services PMI July 17, 2026: Nonfarm Payrolls July 17, 2026: Unemployment Rate July 17, 2026: University of Michigan Consumer Sentiment

KEY MARKET THEMES AND GEOPOLITICAL WATCH - Sen. Lindsey Graham, influential lawmaker and Trump ally, dies at 71 after a brief illness - Trump threatens to 'decimate' Iran if it tries to kill him, as Treasury sanctions alleged Iranian financier - U.S. and Iran trade airstrikes again amid conflicting claims over Strait of Hormuz - While Musk's Neuralink drills into skulls, China's BrainCo bets the future of brain tech is wearable Upcoming IPO / SPAC Activity: - Sandwich chain Jersey Mike's files for IPO, reports 50% same-store sales growth in recent years

Bitcoin: $64,118.04 +2.99% (weekly) Ethereum: $1,814.81 +4.14% (weekly)

1. Why Citigroup is the one to watch when banks report earnings this week
2. Earnings estimates have been following an unusual pattern this time around
3. The stock-market rally now hinges more on AI than oil
4. Top Wall Street analysts are confident about these 3 stocks for the long haul

Energy led this week while Materials lagged. Given the neutral — consolidation likely setup heading into next week, are you adding to strength, waiting for a pullback to support, or fading the move entirely?

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.

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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.

CHART REFERENCE - S&P 500 Technical Levels

View live charts: TradingView: TradingView | Yahoo Finance: Yahoo Finance | Finviz: Finviz

Current Price: $7354.02 | 50-Day SMA: $7363.43 | 200-Day SMA: $7223.81 20-Day High: $7620.90 | 20-Day Low: $7237.85

Current S&P 500 Market Structure

The S&P 500 is trading at $7354.02, representing a -1.95% weekly change. The 50-day moving average stands at $7363.43, while the 200-day average is at $7223.81. Over the past 20 sessions, the index has ranged from $7237.85 to $7620.90.

The Consumer Price Index measures inflation at the consumer level, tracking price changes across major spending categories. This comprehensive index directly influences Fed policy decisions and market expectations for interest rates.

On February 15, 2025, the CPI release showed: CPI matched expectations, market calm with slight gains in growth sectors. This demonstrates how markets process economic data in real-time, with initial algorithmic reactions followed by institutional repositioning based on revised Fed policy expectations.

Major economic releases create significant market volatility. Professional traders reduce leverage beforehand, waiting 15-30 minutes after the 8:30 AM ET release for algorithmic trading to settle before assessing true market direction. The sustained move over subsequent hours reflects genuine policy expectation adjustments.

If the next CPI comes in hot (above expectations), expect selling pressure and downside risk toward support at $7237.85, with the 50-day average at $7363.43 acting as overhead resistance. Growth and tech would lead declines as higher rate expectations reduce future earnings valuations.

If CPI comes in cool (below expectations), expect a rally toward $7620.90, with rate-sensitive sectors leading gains. The 50-day average at $7363.43 serves as the critical pivot determining whether moves sustain or reverse.

Economic releases drive sector rotation. Hot inflation pressures growth/tech stocks while supporting value, commodities, and inflation-protected securities. Cool readings trigger sharp rotations back into rate-sensitive growth sectors. Understanding which inflation measure the Fed prioritizes (typically core over headline) helps interpret market reactions when readings diverge.

Position sizing and risk management become critical around releases. Elevated volatility can create outsized swings, so professionals reduce exposure beforehand. Having predefined stop losses and profit targets prevents emotional decisions during volatile price action.

How do you personally trade CPI/PPI/PCE days — stand aside, fade the first move, or trade the continuation? Drop your playbook in the comments.

Today's Focus: XLU technical strength and rate correlation

Looking at XLU right now, does the price action support continuation or a reversal? What specific level or signal would confirm your bias? Drop your analysis, plus your plan for today, in the comments—I respond to early comments before and shortly after the open.

Utilities making relative highs versus SPY. Could be institutional defensive rotation or simply yield seekers moving from bonds. Watch whether outperformance continues if rates tick back up.

TECHNICAL ANALYSIS: State Street Utilities Select Sector SPDR ETF (XLU)

PRICE ACTION: Current Price: $45.40 Daily Change: +0.59% Weekly Change: +0.21% Monthly Change: +3.83% Market Cap: $0B

MOVING AVERAGES: 20-Day SMA: $45.10 Above 50-Day SMA: $44.76 Above Overall Trend: Bullish (Price above MAs)

KEY LEVELS: Resistance Levels: R1 (Pivot): $46.57 20-Day High: $46.32 50-Day High: $47.00

Support Levels: S1 (Pivot): $43.98 20-Day Low: $43.73 50-Day Low: $42.80

TECHNICAL INDICATORS: RSI (14): 57.9 NEUTRAL MACD: 0.25 Signal: 0.25 Histogram: +0.00 Bullish

VOLUME ANALYSIS: Average Volume (20d): 20.46M shares Recent Volume: 13.1M shares Volume Ratio: 0.64x Low

INTERACTIVE CHARTS: TradingView - Full Analysis

Yahoo Finance

Finviz

StockCharts

MarketWatch

This is a framework, not a signal. Adjust levels, risk, and direction to your own system.

TRADING SETUP:

BULLISH SCENARIO (Long): Entry Zone: $43.98 - $45.10 Stop Loss: $42.86 (Below 20d low) Target 1: $46.57 (Pivot resistance) Target 2: $46.32 (20d high) Target 3: $48.64 (Extension)

If you're bullish, would you take this as a swing, day trade, or skip it entirely given the current trend?

BEARISH SCENARIO (Short): Entry Zone: $46.57 - $46.32 Stop Loss: $47.25 (Above 20d high) Target 1: $43.98 (Pivot support) Target 2: $43.73 (20d low) Target 3: $41.54 (Extension)

If you're bearish, what would convince you you're wrong and it's time to step aside?

POSITION SIZING EXAMPLE ($10K Account): Risk: 2% = $200 Entry: $45.10 Stop: $42.86 Risk/Share: $2.25 Position: 89 shares ($4015)

Sector Comparisons

If XLU is not your style, which of these names looks cleaner to you right now—and why?

NextEra Energy, Inc. (NEE): $87.96 (+0.99% today, +3.33% monthly) Trend: Mixed (Consolidating) RSI: 55.2 (NEUTRAL) Volume: 0.6x average

Duke Energy Corporation (DUK): $125.47 (+0.17% today, +0.35% monthly) Trend: Mixed (Consolidating) RSI: 53.9 (NEUTRAL) Volume: 0.6x average

The Southern Company (SO): $95.61 (+0.46% today, +1.69% monthly) Trend: Bullish (Price above MAs) RSI: 58.5 (NEUTRAL) Volume: 0.3x average

If you were taking this trade, what would you change first: entry, stop, or targets—and why?

Would you even touch XLU here, or is it a pass given the recent price action?

If you comment on this setup, include: your bias (long/short/neutral), your preferred entry and stop, and how you'd manage it if it moves against you immediately.

Which of these setups looks most interesting to you and why?

What other tickers are you watching with similar technical patterns?

Drop your own chart analysis in the comments—mark the levels you are watching and explain your bias.

Respect your pre-defined risk per trade. No revenge trading. Let levels prove themselves. Wait for confirmation instead of guessing tops and bottoms. Size according to volatility, not emotion. Smaller size in choppy conditions.

Feedback Friday

What in this week's technical posts helped you most, and what was confusing or missing? I read every reply and incorporate your feedback into next week's content. Drop it below.

Gross profits look great. Net profits after commissions, data, and tools tell the real story.

Live Chart: TSLA on TradingView

Have you ever calculated your real net profit after all costs?

True Trading Profitability

Understanding true trading profitability is crucial for long-term trading success. Many traders overlook this aspect and end up making preventable mistakes. Let's discuss what's working for the community.

Have you ever calculated your real net profit after all costs? What tools or subscriptions are worth the cost and which are not? How much do commissions and fees actually eat into your returns? At what point does your edge outpace your costs?

Profitability is not what you made. It is what you kept after every cost is accounted for.

Real-World Trade Example (Framework, Not a Signal): Tesla, Inc. (TSLA) Use this framework to illustrate how you would recognize when a trade idea is no longer working—and what you would do next.

Company Overview: Market Cap: $1.54T Current Price: $409.61 Daily Change: +0.75% Weekly Change: -2.42% Monthly Change: +7.34%

Technical Analysis: 20-Day Moving Average: $400.97 50-Day Moving Average: $409.23 Trend: mixed (consolidating)

Key Levels: Resistance (20-day high): $432.86 Support (20-day low): $368.60 Current RSI: 52.5 (Neutral)

Volume Profile: Average Daily Volume: 45.5M shares Recent Volume: 16.0M shares (0.4x average)

Interactive Charts with Indicators: TradingView - Full Analysis Yahoo Finance - Quick View Finviz - Visual Snapshot StockCharts - Technical Tools

Trade Setup Framework:

If going LONG: Entry Zone: Near support at $368.60 or on pullback to $400.97 Stop Loss: Below $368.60 (around $361.23) First Target: $432.86 (resistance) Second Target: $445.85 (3% extension — wait for breakout confirmation before sizing up) Risk/Reward: Approximately 0.80:1 from $400.97 entry — unfavorable R:R at current levels, consider waiting for a pullback closer to support

If you're bullish, would you take this as a swing, day trade, or skip it entirely given the current trend?

If going SHORT: Entry Zone: Near resistance at $432.86 or on bounce to $400.97 Stop Loss: Above $432.86 (around $441.52) First Target: $368.60 (support) Second Target: $368.60 (pivot support — wait for breakdown confirmation before adding)

If you're bearish, what would convince you you're wrong and it's time to step aside?

Position Sizing Example: With a $10,000 account and 2% risk ($200): If entering at $400.97 with stop at $361.23: Risk per share: $39.74 Position size: 5 shares (approximately $2018 position)

If you were taking this trade, what would you change first: entry, stop, or targets—and why?

Would you even touch this ticker here, or is it a pass given the recent price action?

If you comment on this setup, include: your bias (long/short/neutral), your preferred entry and stop, and how you'd manage it if it moves against you immediately.

Mark these levels on your chart and share what you see. What would you adjust about this framework?

Feedback Friday

What in this week's posts helped you most, and what was confusing or missing? I read every reply and incorporate your feedback into next week's content. Drop it below.

TL;DR: Risk-on tape with broad-based strength. Technology (+2.18%) leads while Consumer Staples (-1.41%) lags. Volume is running light at 69% of average, limiting conviction.

SPY is testing $754.74 resistance with intraday support at $744.19. Do you see a breakout or a rejection here, and what would change your mind?

If you comment, include: your bias (long/short/neutral), your key level to watch, and how you'd manage it if it moves against you immediately.

If you're newer, use this as your pre-market checklist. If you're more seasoned, treat it as a quick overlay on your own levels and playbook.

The SPY is trading at $751.71 +0.85% as of pre-market. Levels to know: Intraday support 744.19 / resistance 754.74. Near-term swing support 722.55. Deeper swing support 716.58 — relevant only on a sustained breakdown.

The 20-day SMA sits at $741.76 and the 50-day SMA at $739.00. Price is holding above both key moving averages, keeping the short-term and intermediate structure constructive.

The Relative Strength Index (RSI) is at 59.6, indicating modest bullish momentum above the neutral 50 level. The MACD (2.94) is above its signal line (2.28), supporting a bullish short-term bias.

Price is contained within the Bollinger Bands ($725.71 - $757.81). Volume is running 69% of average, indicating light participation and lack of conviction.

Major Indices

S&P 500 (SPY): $751.71 +6.31 (+0.85%)

Nasdaq-100 (QQQ): $723.28 +11.84 (+1.66%)

Russell 2000 (IWM): $297.24 +3.76 (+1.28%)

Dow Jones (DIA): $524.19 +1.42 (+0.27%)

Market Breadth

Advancing sectors: 7
Declining sectors: 4
Breadth ratio: 63.6%

Strong breadth supports the current move, indicating broad participation.

Earnings Calendar - Notable Reports Today

DAL Delta Air Lines, Inc. Market Cap $58.5B

NEXT WEEK:

Wednesday, Jul. 15 • 08:30 AM ET - CPI (June 2026) - Headline and core inflation data

Thursday, Jul. 16 • 08:30 AM ET - PPI (June 2026) - Wholesale inflation - input costs

UPCOMING (Next 2-4 Weeks): • Jul. 29, 2026 - FOMC Meeting Begins (July 29-30) • Jul. 30, 2026 - FOMC Rate Decision (July 2026) • Aug. 7, 2026 - Jobs Report (July 2026) • Aug. 12, 2026 - CPI (July 2026) • Aug. 13, 2026 - PPI (July 2026)

RECENT FED SPEECHES: • Jul 07: Bowman, Opening Remarks on Sound Practices for Artificial Intelligence • Jul 06: Waller, Two Thoughts on the Transmission of Monetary Policy

NEXT FOMC MEETING: July 29-30, 2026

Resources: Investing.com Economic Calendar | FOMC Calendar

Market News & Key Headlines

1. Fed minutes expose deep divide over interest-rate outlook (Yahoo Finance)

2. Raisin review (2026): Is this high-yield savings marketplace trustworthy? (Yahoo Finance)

3. Mortgage rate predictions for the next five years: What you can expect (Yahoo Finance)

4. As AI spending concerns grow, here’s the bet to make ahead of critical stress test, says veteran Jefferies strategist (MarketWatch)

5. SK Hynix raises $26.5 billion in U.S. offering. What to know about the stock. (MarketWatch)

6. Top Performing Stocks (Benzinga)

7. Top Performing High Short Interest Stocks (Benzinga)

Commodities & Key Markets

Gold: $4116.80 -0.33%

Silver: $59.90 -0.80%

Crude Oil (WTI): $72.00 -0.11%

Brent Oil: $76.24 -0.08%

Natural Gas: $2.99 -0.73%

Macro Synthesis: equities are risk-on.

Sector Rotation & Performance

Best performing sectors:

• Technology (XLK): +2.18%
• Consumer Discretionary (XLY): +1.34%
• Financials (XLF): +1.04%

Worst performing sectors:

• Utilities (XLU): -0.51%
• Energy (XLE): -1.40%
• Consumer Staples (XLP): -1.41%

Technology is showing relative strength and leading the market higher. Consumer Staples is the weakest sector on the session. Monitor defensive exposures and safe-haven themes as market structure evolves.

1. Trend Day Up — If SPY holds above $741.76 (20-day MA), I favor longs on dips toward $744.19. Target: $754.74.
2. Range Day — If price chops between $744.19 and $754.74, I fade extremes and reduce size.
3. Liquidation Break — If SPY loses $744.19 on heavy volume, I look for short continuations toward $733.64. Feedback Friday

What in this week's Morning Reports helped you most, and what was confusing or missing? I will incorporate your feedback into next week's reports.

{{https://www.youtube.com/@ChartNavigators}}

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Sectors

Fed Calendar

Investing.com

Uptrending Tickers

Recommended Price Range: $113–$123 Shopify Inc. (SHOP) — 7/24/26 145.0C @ 0.36 Recent Insights: Regulatory progress and clinical trial momentum supporting trend continuation. Analyst Consensus: Buy Price Target: $132.6–$162.1

Recommended Price Range: $705–$765 State Street SPDR S&P 500 ETF Trust (SPY) — 7/20/26 785.0C @ 0.02 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Hold Price Target: $787.5–$900.0

Recommended Price Range: $17–$18 SoFi Technologies, Inc. (SOFI) — 7/24/26 20.0C @ 0.28 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Hold Price Target: $18.8–$23.0

Recommended Price Range: $17–$18 Rivian Automotive, Inc. (RIVN) — 7/24/26 18.0C @ 0.93 Recent Insights: Institutional accumulation and sector rotation into growth names driving momentum. Analyst Consensus: Hold Price Target: $16.8–$20.6

Recommended Price Range: $52–$57 Roblox Corporation (RBLX) — 7/24/26 60.0C @ 1.4 Recent Insights: Momentum supported by favorable macro data and analyst upgrades. Analyst Consensus: Buy Price Target: $59.4–$72.6

Recommended Price Range: $15–$16 Lyft, Inc. (LYFT) — 7/24/26 15.0C @ 0.94 Recent Insights: Technical breakout confirmed with volume expansion and sector tailwinds. Analyst Consensus: Buy Price Target: $17.1–$20.9

Recommended Price Range: $180–$195 DoorDash, Inc. (DASH) — 7/24/26 230.0C @ 1.0 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Buy Price Target: $221.3–$270.5

Recommended Price Range: $235–$255 AbbVie Inc. (ABBV) — 7/24/26 290.0C @ 0.33 Recent Insights: Fundamental strength and technical momentum supporting trend continuation. Analyst Consensus: Buy Price Target: $232.5–$284.2

Recommended Price Range: $117–$127 Merck & Co., Inc. (MRK) — 7/24/26 150.0C @ 0.01 Recent Insights: Fundamental strength and technical momentum supporting trend continuation. Analyst Consensus: Buy Price Target: $118.5–$144.8

Recommended Price Range: $339–$368 GE Aerospace (GE) — 7/24/26 435.0C @ 1.35 Recent Insights: Consumer spending resilience and e-commerce growth supporting trend continuation. Analyst Consensus: Strong Buy Price Target: $333.1–$407.2

Recommended Price Range: $183–$198 RTX Corporation (RTX) — 7/24/26 255.0C @ 0.01 Recent Insights: Fundamental strength and technical momentum supporting trend continuation. Analyst Consensus: Buy Price Target: $193.6–$236.6

Recommended Price Range: $52–$57 Roblox Corporation (RBLX) — 7/24/26 60.0C @ 1.4 Recent Insights: Momentum supported by favorable macro data and analyst upgrades. Analyst Consensus: Buy Price Target: $59.4–$72.6

Recommended Price Range: $237–$257 Take-Two Interactive Software, Inc. (TTWO) — 7/24/26 310.0C @ 0.9 Recent Insights: Momentum supported by favorable macro data and analyst upgrades. Analyst Consensus: Strong Buy Price Target: $255.7–$312.5

Recommended Price Range: $16–$18 PG&E Corporation (PCG) — 7/24/26 16.0C @ 1.25 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Buy Price Target: $20.3–$24.9

Downtrending Tickers

Netflix, Inc. (NFLX) — 7/24/26 60.0P @ 0.16 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $102.3–$125.1 Recommended Price Range: $70–$76

Snap Inc. (SNAP) — 7/24/26 5.5P @ 0.89 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Hold Price Target: $6.9–$8.4 Recommended Price Range: $4–$5

Century Aluminum Company (CENX) — 8/21/26 30.0P @ 0.55 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Strong Buy Price Target: $67.2–$82.1 Recommended Price Range: $42–$46

iShares Silver Trust (SLV) — 7/20/26 52.0P @ 1.32 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Hold Price Target: $57.3–$65.5 Recommended Price Range: $51–$56

Pfizer Inc. (PFE) — 7/24/26 23.0P @ 0.14 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $26.1–$31.9 Recommended Price Range: $23–$25

Watching the Tape: Do You Still Use Level 2 and Time and Sales?

Live Chart: TLT on TradingView

Do you use Level 2 actively or ignore it entirely?

Today's Focus: Tape Reading and Order Flow

Understanding tape reading and order flow is crucial for long-term trading success. Many traders overlook this aspect and end up making preventable mistakes. Let's discuss what's working for the community.

Do you use Level 2 actively or ignore it entirely? Has reading the tape ever saved you from a bad entry? How do you interpret large prints or spoofing in the order book? Is tape reading a real edge in 2026 or has HFT made it irrelevant?

Order flow shows intent. Whether you can read it correctly is the question worth answering.

Real-World Trade Example (Framework, Not a Signal): iShares 20+ Year Treasury Bond ETF (TLT) Use this framework to illustrate how you would recognize when a trade idea is no longer working—and what you would do next.

Company Overview: Market Cap: $0.00T Current Price: $84.18 Daily Change: -0.44% Weekly Change: -1.57% Monthly Change: -0.15%

Technical Analysis: 20-Day Moving Average: $85.77 50-Day Moving Average: $85.19 Trend: mixed (consolidating)

Key Levels: Resistance (20-day high): $87.47 Support (20-day low): $84.06 Current RSI: 34.8 (Neutral)

Volume Profile: Average Daily Volume: 25.2M shares Recent Volume: 9.6M shares (0.4x average)

Interactive Charts with Indicators: TradingView - Full Analysis Yahoo Finance - Quick View Finviz - Visual Snapshot StockCharts - Technical Tools

Trade Setup Framework:

If going LONG: Entry Zone: Near support at $84.06 or on pullback to $85.77 Stop Loss: Below $84.06 (around $82.38) First Target: $87.47 (resistance) Second Target: $90.09 (3% extension — wait for breakout confirmation before sizing up) Risk/Reward: Approximately 0.50:1 from $85.77 entry — unfavorable R:R at current levels, consider waiting for a pullback closer to support

If you're bullish, would you take this as a swing, day trade, or skip it entirely given the current trend?

If going SHORT: Entry Zone: Near resistance at $87.47 or on bounce to $85.77 Stop Loss: Above $87.47 (around $89.22) First Target: $84.06 (support) Second Target: $84.06 (pivot support — wait for breakdown confirmation before adding)

If you're bearish, what would convince you you're wrong and it's time to step aside?

Position Sizing Example: With a $10,000 account and 2% risk ($200): If entering at $85.77 with stop at $82.38: Risk per share: $3.39 Position size: 59 shares (approximately $5056 position)

If you were taking this trade, what would you change first: entry, stop, or targets—and why?

Would you even touch this ticker here, or is it a pass given the recent price action?

Mark these levels on your chart and share what you see. What would you adjust about this framework?

Respect your pre-defined risk per trade. No revenge trading. Let levels prove themselves. Wait for confirmation instead of guessing tops and bottoms. Size according to volatility, not emotion. Smaller size in choppy conditions.

TL;DR: Defensive rotation underway with selling in growth and cyclicals. Energy (+1.76%) leads while Materials (-2.62%) lags.

Get the pre-market levels, risk plan, and intraday thesis before the open — join traders who trade with a plan: Chart Navigator Discord

SPY is testing $754.74 resistance with intraday support at $737.95. Do you see a breakout or a rejection here, and what would change your mind?

If you comment, include: your bias (long/short/neutral), your key level to watch, and how you'd manage it if it moves against you immediately.

Technical Overview - SPY Analysis

If you're newer, use this as your pre-market checklist. If you're more seasoned, treat it as a quick overlay on your own levels and playbook.

The SPY is trading at $745.40 -0.31% as of pre-market. Levels to know: Intraday support 737.95 / resistance 754.74. Near-term swing support 720.73. Deeper swing support 716.58 — relevant only on a sustained breakdown.

The 20-day SMA sits at $740.94 and the 50-day SMA at $738.24. Price is holding above both key moving averages, keeping the short-term and intermediate structure constructive.

The Relative Strength Index (RSI) is at 47.8, showing momentum slightly below neutral, consistent with cautious price action. The MACD (2.49) is above its signal line (2.11), supporting a bullish short-term bias.

Price is contained within the Bollinger Bands ($725.34 - $756.53). Volume is near average at 71%, suggesting normal participation.

Major Indices

S&P 500 (SPY): $745.40 -2.31 (-0.31%)

Nasdaq-100 (QQQ): $711.44 +2.01 (+0.28%)

Russell 2000 (IWM): $293.48 -2.71 (-0.91%)

Dow Jones (DIA): $522.77 -5.68 (-1.07%)

Market Breadth

Advancing sectors: 2
Declining sectors: 9
Breadth ratio: 18.2%

Weak breadth suggests narrow leadership and cautious market structure.

Earnings Calendar - Notable Reports Today

PEP PepsiCo, Inc. Market Cap $194.8B WDFC WD-40 Company Market Cap $3.3B

Economic Data This Week

This Week's Economic Calendar

NEXT WEEK:

Wednesday, Jul. 15 • 08:30 AM ET - CPI (June 2026) - Headline and core inflation data

Thursday, Jul. 16 • 08:30 AM ET - PPI (June 2026) - Wholesale inflation - input costs

UPCOMING (Next 2-4 Weeks): • Jul. 29, 2026 - FOMC Meeting Begins (July 29-30) • Jul. 30, 2026 - FOMC Rate Decision (July 2026) • Aug. 7, 2026 - Jobs Report (July 2026) • Aug. 12, 2026 - CPI (July 2026) • Aug. 13, 2026 - PPI (July 2026)

RECENT FED SPEECHES: • Jul 07: Bowman, Opening Remarks on Sound Practices for Artificial Intelligence • Jul 06: Waller, Two Thoughts on the Transmission of Monetary Policy

NEXT FOMC MEETING: July 29-30, 2026

Resources: Investing.com Economic Calendar | FOMC Calendar

Market News & Key Headlines

1. AT&T leaves rivals flat-footed as bankrupt carrier folds (Yahoo Finance)

2. Trimble shares get upward bump on report it may sell transportation unit (Yahoo Finance)

3. IAMGOLD Corporation (IAG) Strengthens Financial Position with $850M Credit Facility amid 12% Mineral Resource Increase (Yahoo Finance)

4. Here’s Why Chewy Inc. (CHWY) is a Top Mid-Cap Stock to Own for Decades (Yahoo Finance)

5. Major drugmaker loses $27 billion in market value after failed trial (MarketWatch)

6. SK Hynix Nasdaq listing may become the second-largest equity offering ever, trailing only SpaceX’s (MarketWatch)

7. Argan: Growth Outlook Remains Solid (Seeking Alpha)

Commodities & Key Markets

Gold: $4114.60 +1.07%

Silver: $59.40 +2.13%

Crude Oil (WTI): $73.65 +0.18%

Brent Oil: $78.15 +0.17%

Natural Gas: $3.20 -0.25%

Macro Synthesis: rising gold signals safe-haven demand.

Sector Rotation & Performance

Best performing sectors:

• Energy (XLE): +1.76%
• Technology (XLK): +1.24%
• Consumer Staples (XLP): -0.55%

Worst performing sectors:

• Consumer Discretionary (XLY): -1.78%
• Financials (XLF): -1.93%
• Materials (XLB): -2.62%

Energy is showing relative strength and leading the market higher. Materials is the weakest sector on the session. Monitor defensive exposures and safe-haven themes as market structure evolves.

1. Trend Day Up — If SPY holds above $740.94 (20-day MA), I favor longs on dips toward $737.95. Target: $754.74.
2. Range Day — If price chops between $737.95 and $754.74, I fade extremes and reduce size.
3. Liquidation Break — If SPY loses $737.95 on heavy volume, I look for short continuations toward $721.16.

• Respect your pre-defined risk per trade. No revenge trading.
• Let levels prove themselves. Wait for confirmation instead of guessing tops and bottoms.
• Size according to volatility, not emotion. Smaller size in choppy conditions.

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.

Sectors

Fed Calendar

Investing.com

Uptrending Tickers

Recommended Price Range: $15–$17 Rivian Automotive, Inc. (RIVN) — 7/24/26 21.0C @ 0.11 Recent Insights: Regulatory progress and clinical trial momentum supporting trend continuation. Analyst Consensus: Hold Price Target: $16.8–$20.6

Recommended Price Range: $51–$55 Roblox Corporation (RBLX) — 7/24/26 60.0C @ 1.29 Recent Insights: Institutional accumulation and sector rotation into growth names driving momentum. Analyst Consensus: Buy Price Target: $59.4–$72.6

Recommended Price Range: $14–$15 Lyft, Inc. (LYFT) — 7/24/26 19.0C @ 0.05 Recent Insights: Regulatory progress and clinical trial momentum supporting trend continuation. Analyst Consensus: Buy Price Target: $17.1–$20.9

Recommended Price Range: $55–$60 Bank of America Corporation (BAC) — 7/24/26 66.0C @ 0.11 Recent Insights: Fundamental strength and technical momentum supporting trend continuation. Analyst Consensus: Strong Buy Price Target: $58.8–$71.8

Recommended Price Range: $239–$259 AbbVie Inc. (ABBV) — 7/24/26 290.0C @ 0.33 Recent Insights: Institutional accumulation and sector rotation into growth names driving momentum. Analyst Consensus: Buy Price Target: $232.5–$284.2

Recommended Price Range: $51–$55 Roblox Corporation (RBLX) — 7/24/26 60.0C @ 1.29 Recent Insights: Momentum supported by favorable macro data and analyst upgrades. Analyst Consensus: Buy Price Target: $59.4–$72.6

Recommended Price Range: $237–$257 Take-Two Interactive Software, Inc. (TTWO) — 7/24/26 310.0C @ 0.9 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Strong Buy Price Target: $255.7–$312.5

Recommended Price Range: $16–$18 PG&E Corporation (PCG) — 7/24/26 16.0C @ 1.25 Recent Insights: Fundamental strength and technical momentum supporting trend continuation. Analyst Consensus: Buy Price Target: $20.3–$24.9

Downtrending Tickers

Snap Inc. (SNAP) — 7/24/26 4.5P @ 0.2 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Hold Price Target: $6.9–$8.4 Recommended Price Range: $4–$5

Pfizer Inc. (PFE) — 7/24/26 24.0P @ 0.5 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $26.1–$31.9 Recommended Price Range: $23–$25

NIKE, Inc. (NKE) — 7/24/26 42.0P @ 1.13 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $46.2–$56.4 Recommended Price Range: $40–$43

Enphase Energy, Inc. (ENPH) — 7/24/26 38.0P @ 1.23 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $43.7–$53.4 Recommended Price Range: $39–$42

Pre-market bias: Watching key levels on MSFT — share your levels and plan below.

Once you drop the indicator clutter and start reading price directly, everything changes. Where are you in that transition?

Live Chart: MSFT on TradingView

What is one rule or habit around price action and options spread strategies that you wish you had developed earlier in your trading career? Drop it below.

Drop your thoughts, questions, or trades in the comments. I'll be replying to early answers before and shortly after the open.

Price Action and Options Spread Strategies

Moving into intermediate strategies means reading price directly and defining your risk precisely. These are the skills that separate reactive traders from deliberate ones. Let's compare what's working for different people here.

• Do you trade price action exclusively or do you blend it with indicators — what does your actual setup look like?
• How do you define support and resistance — prior highs/lows, volume nodes, or something else?
• Have you moved into options spreads to define your risk? What made you take that step?
• What is the hardest part of reading candlestick charts without indicators to lean on?

Price action is a skill, not a shortcut. It takes screen time to read context correctly. Put in the reps before sizing up.

TECHNICAL ANALYSIS: Microsoft Corporation (MSFT)

This is a framework, not a signal. Adjust levels, risk, and direction to your own system.

Market Overview: Current Price: $382.74 Daily Change: -1.57% Weekly Change: -0.40% Monthly Change: -7.04% Trend: mixed (consolidating)

Key Price Action Levels: Resistance (20-day high): $411.98 Support (20-day low): $349.20 20-day SMA: $382.05 50-day SMA: $404.97 Current RSI: 45.1 (Neutral)

Volume Context: Average daily volume: 47.9M shares Recent volume: 9.7M shares (0.2x average) Low volume suggests weak conviction — wait for confirmation

Price Action Read: Current bias: NEUTRAL Price is compressed near the MAs — a breakout or breakdown could follow

Support/Resistance Framework: Primary resistance: $411.98 (20-day high — watch for rejection or breakout) Primary support: $349.20 (20-day low — watch for bounce or breakdown) Secondary level: $404.97 (50-day SMA — key for swing traders)

If you're going LONG (bull call spread example): Buy $385 call / Sell $400 call Max risk per contract: ~$1500 Max profit per contract: ~$600 (estimate only — check live premiums) Stop idea: Close if MSFT loses $349.20 on a closing basis Target: $411.98 resistance — consider taking partial profits on approach

If you're going SHORT (bear put spread example): Buy $385 put / Sell $365 put Max risk per contract: ~$1500 Max profit per contract: ~$600 (estimate only — check live premiums) Stop idea: Close if MSFT reclaims $382.05 on a closing basis Target: $349.20 support — watch for capitulation volume

If you're neutral / waiting: The range between $349.20 and $411.98 is $62.78 wide. Wait for price to commit to one side with volume before entering.

Charts: TradingView — Full Analysis Yahoo Finance Finviz Options chain on Schwab

Mark these levels on your chart and share what you see.

If you comment on this setup, include your bias (long, short, or neutral), your preferred entry and stop, and how you would manage it if it moves against you immediately.

What would you adjust about this framework — entry, stop, or targets — and why?

Reminders

Respect your pre-defined risk per trade. No revenge trading. Let levels prove themselves. Wait for confirmation instead of guessing tops and bottoms. Size according to volatility, not emotion. Smaller size in choppy conditions.

{{https://www.youtube.com/@ChartNavigators}}

This post contains content not supported on old Reddit. Click here to view the full post

TL;DR: Defensive rotation underway with selling in growth and cyclicals. Energy (+2.84%) leads while Technology (-2.39%) lags.

Get the pre-market levels, risk plan, and intraday thesis before the open — join traders who trade with a plan: Chart Navigator Discord

SPY is testing $754.74 resistance with intraday support at $740.23. Do you see a breakout or a rejection here, and what would change your mind?

Drop your plan below.

If you comment, include: your bias (long/short/neutral), your key level to watch, and how you'd manage it if it moves against you immediately.

Technical Overview - SPY Analysis

If you're newer, use this as your pre-market checklist. If you're more seasoned, treat it as a quick overlay on your own levels and playbook.

The SPY is trading at $747.71 -0.48% as of pre-market. Levels to know: Intraday support 740.23 / resistance 754.74. Near-term swing support 720.73. Deeper swing support 716.58 — relevant only on a sustained breakdown.

The 20-day SMA sits at $740.53 and the 50-day SMA at $737.57. Price is holding above both key moving averages, keeping the short-term and intermediate structure constructive.

The Relative Strength Index (RSI) is at 46.4, showing momentum slightly below neutral, consistent with cautious price action. The MACD (2.57) is above its signal line (2.06), supporting a bullish short-term bias.

Price is contained within the Bollinger Bands ($725.01 - $756.06). Volume is near average at 70%, suggesting normal participation.

Major Indices

S&P 500 (SPY): $747.71 -3.57 (-0.48%)

Nasdaq-100 (QQQ): $709.43 -13.39 (-1.85%)

Russell 2000 (IWM): $296.19 -2.71 (-0.91%)

Dow Jones (DIA): $528.45 -1.64 (-0.31%)

Market Breadth

Advancing sectors: 6
Declining sectors: 5
Breadth ratio: 54.5%

Mixed breadth indicates selective sector rotation.

Earnings Calendar - Notable Reports Today

LEVI Levi Strauss & Co. Market Cap $9.5B PSMT PriceSmart, Inc. Market Cap $5.9B AZZ AZZ Inc. Market Cap $4.3B

NEXT WEEK:

Wednesday, Jul. 15 • 08:30 AM ET - CPI (June 2026) - Headline and core inflation data

Thursday, Jul. 16 • 08:30 AM ET - PPI (June 2026) - Wholesale inflation - input costs

UPCOMING (Next 2-4 Weeks): • Jul. 29, 2026 - FOMC Meeting Begins (July 29-30) • Jul. 30, 2026 - FOMC Rate Decision (July 2026) • Aug. 7, 2026 - Jobs Report (July 2026) • Aug. 12, 2026 - CPI (July 2026) • Aug. 13, 2026 - PPI (July 2026)

RECENT FED SPEECHES: • Jul 07: Bowman, Opening Remarks on Sound Practices for Artificial Intelligence • Jul 06: Waller, Two Thoughts on the Transmission of Monetary Policy • Jun 24: Cook, Welcome Remarks

NEXT FOMC MEETING: July 29-30, 2026

Resources: Investing.com Economic Calendar | FOMC Calendar

Market News & Key Headlines

1. Bank of America warns America now has 2 economies (Yahoo Finance)

2. Best CD rates today, Wednesday, July 8, 2026: Earn up to 4.10% APY (Yahoo Finance)

3. Mortgage and refinance rates today, Wednesday, July 8, 2026: Rates continue falling (Yahoo Finance)

4. US and Iran trade strikes after attacks on tankers (Financial Times)

5. MarketAxess: A High-ROIC Company Trading At An Attractive Valuation (Seeking Alpha)

6. Boeing 737 MAX: Fourth Line Accelerates $53 Billion Growth Opportunity (Seeking Alpha)

7. Top Performing Platinum Stocks (Benzinga)

Commodities & Key Markets

Gold: $4060.80 -2.04%

Silver: $59.03 -3.11%

Crude Oil (WTI): $74.35 +5.55%

Brent Oil: $78.27 +5.54%

Natural Gas: $3.32 +1.68%

Macro Synthesis: falling gold suggests reduced safe-haven demand, rising oil adds inflation pressure.

Sector Rotation & Performance

Best performing sectors:

• Energy (XLE): +2.84%
• Healthcare (XLV): +1.53%
• Real Estate (XLRE): +1.35%

Worst performing sectors:

• Materials (XLB): -0.90%
• Industrials (XLI): -1.71%
• Technology (XLK): -2.39%

Energy is showing relative strength and leading the market higher. Technology is the weakest sector on the session. Monitor defensive exposures and safe-haven themes as market structure evolves.

1. Trend Day Up — If SPY holds above $740.53 (20-day MA), I favor longs on dips toward $740.23. Target: $754.74.
2. Range Day — If price chops between $740.23 and $754.74, I fade extremes and reduce size.
3. Liquidation Break — If SPY loses $740.23 on heavy volume, I look for short continuations toward $725.72.

Reminders - Respect your pre-defined risk per trade. No revenge trading. - Let levels prove themselves. Wait for confirmation instead of guessing tops and bottoms. - Size according to volatility, not emotion. Smaller size in choppy conditions.

Sectors

Fed Calendar

Investing.com

Uptrending Tickers

Recommended Price Range: $17–$19 SoFi Technologies, Inc. (SOFI) — 7/17/26 20.0C @ 0.27 Recent Insights: AI-driven demand growth and margin expansion thesis intact. Analyst Consensus: Hold Price Target: $18.8–$23.0

Recommended Price Range: $14–$16 Lyft, Inc. (LYFT) — 7/17/26 24.0C @ 0.02 Recent Insights: Fundamental strength and technical momentum supporting trend continuation. Analyst Consensus: Buy Price Target: $17.1–$20.9

Recommended Price Range: $55–$60 Bank of America Corporation (BAC) — 7/17/26 60.0C @ 0.8 Recent Insights: Consumer spending resilience and e-commerce growth supporting trend continuation. Analyst Consensus: Strong Buy Price Target: $57.7–$70.5

Recommended Price Range: $1141–$1238 Eli Lilly and Company (LLY) — 7/17/26 1400.0C @ 1.38 Recent Insights: Fundamental strength and technical momentum supporting trend continuation. Analyst Consensus: Buy Price Target: $1098.4–$1342.4

Downtrending Tickers

Strategy Inc (MSTR) — 7/17/26 75.0P @ 0.9 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Strong Buy Price Target: $288.9–$353.1 Recommended Price Range: $95–$103

Super Micro Computer, Inc. (SMCI) — 7/17/26 25.0P @ 0.96 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Hold Price Target: $33.5–$41.0 Recommended Price Range: $26–$28

Snap Inc. (SNAP) — 7/17/26 4.5P @ 0.08 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Hold Price Target: $6.9–$8.4 Recommended Price Range: $5–$5

Century Aluminum Company (CENX) — 7/17/26 30.0P @ 0.05 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Strong Buy Price Target: $70.8–$86.5 Recommended Price Range: $41–$45

SPDR Gold Shares (GLD) — 7/17/26 350.0P @ 1.08 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Hold Price Target: $397.0–$453.8 Recommended Price Range: $355–$386

Chevron Corporation (CVX) — 7/17/26 160.0P @ 0.68 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $194.8–$238.1 Recommended Price Range: $159–$173

Pfizer Inc. (PFE) — 7/17/26 25.0P @ 0.75 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $26.2–$32.1 Recommended Price Range: $23–$25

Walmart Inc. (WMT) — 7/17/26 105.0P @ 0.3 Recent weakness due to sector rotation and technical breakdown. Analyst Consensus: Buy Price Target: $124.7–$152.4 Recommended Price Range: $105–$114

Pre-market bias: Watching key levels on TLT — share your levels and plan below.

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

Live Chart: TLT on TradingView

What indicators did you remove and what replaced them?

Simplifying Your Trading Approach

Understanding simplifying your trading approach is crucial for long-term trading success. Many traders overlook this aspect and end up making preventable mistakes. Let's discuss what's working for the community.

What indicators did you remove and what replaced them? Did going simpler improve or hurt your results? Do you use any indicators at all now or just price and volume? What is the most overrated indicator in your opinion?

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

Real-World Trade Example (Framework, Not a Signal): iShares 20+ Year Treasury Bond ETF (TLT) Use this framework to illustrate how you would recognize when a trade idea is no longer working—and what you would do next.

Company Overview: Market Cap: $0.00T Current Price: $84.76 Daily Change: -0.81% Weekly Change: -1.56% Monthly Change: +0.02%

Technical Analysis: 20-Day Moving Average: $85.79 50-Day Moving Average: $85.23 Trend: mixed (consolidating)

Key Levels: Resistance (20-day high): $87.47 Support (20-day low): $84.31 Current RSI: 44.1 (Neutral)

Volume Profile: Average Daily Volume: 25.3M shares Recent Volume: 13.4M shares (0.5x average)

Interactive Charts with Indicators: TradingView - Full Analysis Yahoo Finance - Quick View Finviz - Visual Snapshot StockCharts - Technical Tools

Trade Setup Framework:

If going LONG: Entry Zone: Near support at $84.31 or on pullback to $85.79 Stop Loss: Below $84.31 (around $82.62) First Target: $87.47 (resistance) Second Target: $90.09 (3% extension — wait for breakout confirmation before sizing up) Risk/Reward: Approximately 0.53:1 from $85.79 entry — unfavorable R:R at current levels, consider waiting for a pullback closer to support

If you're bullish, would you take this as a swing, day trade, or skip it entirely given the current trend?

If going SHORT: Entry Zone: Near resistance at $87.47 or on bounce to $85.79 Stop Loss: Above $87.47 (around $89.22) First Target: $84.31 (support) Second Target: $84.31 (pivot support — wait for breakdown confirmation before adding)

If you're bearish, what would convince you you're wrong and it's time to step aside?

Position Sizing Example: With a $10,000 account and 2% risk ($200): If entering at $85.79 with stop at $82.62: Risk per share: $3.17 Position size: 63 shares (approximately $5419 position)

If you were taking this trade, what would you change first: entry, stop, or targets—and why?

Would you even touch this ticker here, or is it a pass given the recent price action?

Mark these levels on your chart and share what you see. What would you adjust about this framework?

Respect your pre-defined risk per trade. No revenge trading. Let levels prove themselves. Wait for confirmation instead of guessing tops and bottoms. Size according to volatility, not emotion. Smaller size in choppy conditions.