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XLK

Technology Select Sector SPDR

$99.23 /

-2.5 (-2.46%)

, XLY

Consumer Discretionary Sector SPDR

$130.27 /

-2.08 (-1.57%)

15:06
02/21/20
02/21
15:06
02/21/20
15:06

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

The S&P 500 (SPX) is set to end down on the holiday-shortened week on renewed concerns around the coronavirus and its economic impact. Bond yields on the 30yr hit a new record low, highlighting the expectation of weak growth. At time of writing the index was at 3333.61, off the record high set earlier in the week at 3393.52. For the coming week support will be in the range of 3320-3300. Resistance is at 3350-3360. The Industrials (XLI), Energy (XLE), Health Care (XLV) were the weakest performing sectors. This data does not include the sharp down day currently in progress where Technology (XLK), Consumer Discretionary (XLY), and Energy (XLE) were notably weakest with deep on the day losses.

XLK

Technology Select Sector SPDR

$99.23 /

-2.5 (-2.46%)

XLY

Consumer Discretionary Sector SPDR

$130.27 /

-2.08 (-1.57%)

XLI

Industrial Select Sector SPDR

$83.56 /

-0.46 (-0.55%)

XLE

Energy Select Sector SPDR

$54.09 /

-0.7 (-1.28%)

XLV

Health Care Select Sector SPDR

$103.33 /

-0.05 (-0.05%)

SPY

SPDR S&P 500 ETF Trust

$333.17 /

-3.805 (-1.13%)

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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