| 2020-04-03 15:42:38|
XLP, XLB… 15:42 04/03 04/03/20
On The Fly: Weekly technical notes for S&P 500
The S&P 500 (SPX) is set to end lower for the week, last at the 2477 area. For support in the coming week, the 2450-2430 area has recently held up as a support. Resistance is at 2500-2525. Nearly all sectors were set to end down for the week. The leaders on the downside were the Industrials (XLI), Utilities (XLU), and Basic Materials (XLB). The sole sector in the green was Consumer Staples (XLP).