| 2020-07-31 15:52:01|
XLY, XLK… 15:52 07/31 07/31/20
On The Fly: Weekly technical notes for S&P 500
The S&P 500 (SPX) was set to end the week higher at time of writing, but below the peak of the prior week. At the last price of 3253, the probable resistance band for the coming week will be in the range of 3260-3300. Support will likely be in the range of 3225-3200. The best performing sectors for the week were Consumer Discretionary (XLY) and Technology (XLK). The underperforming sectors were Energy (XLE) and Basic Materials (XLB).