| 2019-07-12 15:48:40|
SPY, SPX 15:48 07/12 07/12/19
On The Fly: Weekly technical notes for S&P 500
As the volatile trading week comes to a close, the S&P 500 (SPX) index is set to end at a new life high above the 3000 level. Without resistance overhead, the next likely range to be tested is at the 3025-3050 area. Support is at the 2990-2975 area. The best sectors for the week were Technology, Consumer Discretionary, and Energy. The Industrials and Basic Materials drastically underperformed.