On The Fly: Weekly technical notes for S&P 500For the week, the S&P 500 (SPX) looks set to end off its new life high of 2508.85 with price last at about 2499. Support is at the 2490 area. The long-term trend remains positive with the week a minor correction. A close back above 2500 to end the week would be a technical positive. Sector breadth was mixed, with Energy (XLE), the Industrials (XLI), the Financials (XLF), and Basic Materials (XLB) as leaders on the upside. Losing sectors were Consumer Staples (XLP), Utilities (XLU), and Health Care (XLV). XLEEnergy Select Sector SPDR Industrial Select Sector SPDR S&P Select Materials SPDR Consumer Staples Sector SPDR Health Care Select Sector SPDR | 