| 2020-07-10 15:49:31|
XLY, XLK… 15:49 07/10 07/10/20
On The Fly: Weekly technical notes for S&P 500
The S&P 500 (SPX) is set to end higher against last Thursday's close but relatively flat near the highs of the Monday and Tuesday sessions. At the last price of 3180, resistance for the coming week will be in the area of 3200-3250. Support is at 3150-3110. For sectors, Consumer Discretionary (XLY) and Technology (XLK) were the only clear standouts on the upside. Energy (XLE), Financials (XLF), and Utilities (XLU) were the weakest.