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XLF

Financial Select Sector

$27.42

0.02 (0.07%)

, SPY

SPDR S&P 500 ETF Trust

$290.11

0.64 (0.22%)

14:11
04/18/19
04/18
14:11
04/18/19
14:11

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

The S&P 500 (SPX) is set to end the holiday-shortened week relatively flat. At the last price of 2906.22 at time of writing, the index has a small amount of resistance at the 2925 area and then at the life high at 2940.91. Support for the coming week is at the 2875-2850 area. The big difference in this coming week is that a significant number of key earnings are taking place during a holiday for many. While not unique, the reporting season began later than usual and so there is a highly-compressed calendar ahead with over 120 names set to report. It is possible there could be some trading liquidity issues as a result, with greater volatility than usual. Financial names will continue to dominate the calendar.

XLF

Financial Select Sector

$27.42

0.02 (0.07%)

SPY

SPDR S&P 500 ETF Trust

$290.11

0.64 (0.22%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

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