2017-12-15 14:18:12 | On The Fly: Weekly technical notes for S&P 500At time of writing the S&P 500 (SPX) is set to end the week at a new life high, with price last at 2678.57. Without established overhead resistance, the next likely technical objective becomes the round-number of 2700. Support for the coming week would be at the 2655 area. For the week, the leading sectors were Health Care (XLV), Basic Materials (XLB), the Industrials (XLI), Energy (XLE), and Technology (XLK). Consumer Staples (XLP) and the Utilities (XLU) were the lagging sectors. |
---|