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2019-02-22 15:22:14 XLB S&P Select Materials SPDR $55.68 / +0.14 (+0.25%) , XLE Energy Select Sector SPDR $65.66 / +0.1 (+0.15%) … 15:22 02/22/19 02/22 15:22 02/22/19 15:22	On The Fly: Weekly technical notes for S&P 500 At time of writing the S&P 500 (SPX) is set to end up for the holiday-shortened week. At the last price of 2783.88, the 2800 level is within easy reach. It is possible the index could close there after this note is published. For the coming week, the 2800 to 2850 area is the next level that could be probed on the upside. A move above 2815 would break resistance running back to October 2018, clearing substantial resistance. Support is at 2770-2760. Sectors that performed best on the week were Basic Materials (XLB), Energy (XLE), the Financials (XLF), Industrials (XLI), Consumer Discretionary (XLY), and Health Care (XLV). Technology (XLK) though positive underperformed. XLB S&P Select Materials SPDR $55.68 / +0.14 (+0.25%) XLE Energy Select Sector SPDR $65.66 / +0.1 (+0.15%) XLF Financial Select Sector $26.43 / -0.085 (-0.32%) XLI Industrial Select Sector SPDR $75.89 / +0.19 (+0.25%) XLY Consumer Discretionary Sector SPDR $110.81 / +0.31 (+0.28%) XLV Health Care Select Sector SPDR $92.29 / +0.59 (+0.64%) XLK Technology Select Sector SPDR $70.39 / +0.64 (+0.92%) SPY SPDR S&P 500 ETF Trust $278.35 / +0.92 (+0.33%) SPX S&P 500 $0.00 / + (+0.00%)

2019-02-22 15:22:14

XLB

S&P Select Materials SPDR

$55.68 / +0.14 (+0.25%)

, XLE

Energy Select Sector SPDR

$65.66 / +0.1 (+0.15%)

… 15:22

02/22/19

02/22

15:22

02/22/19

15:22

On The Fly: Weekly technical notes for S&P 500

At time of writing the S&P 500 (SPX) is set to end up for the holiday-shortened week. At the last price of 2783.88, the 2800 level is within easy reach. It is possible the index could close there after this note is published. For the coming week, the 2800 to 2850 area is the next level that could be probed on the upside. A move above 2815 would break resistance running back to October 2018, clearing substantial resistance. Support is at 2770-2760. Sectors that performed best on the week were Basic Materials (XLB), Energy (XLE), the Financials (XLF), Industrials (XLI), Consumer Discretionary (XLY), and Health Care (XLV). Technology (XLK) though positive underperformed.

XLB

S&P Select Materials SPDR