| 2020-10-23 15:38:35|
XLU, XLV… 15:38 10/23 10/23/20
On The Fly: Weekly technical notes for S&P 500
At time of writing the S&P 500 (SPX) was set to end lower on the week but closer to the highs of its range for the current trading week. At the last price of 3460, resistance for the coming week will be in the range of 3470-3500. Support will be in the range of 3450-3420. Utilities (XLU), Healthcare (XLV), and the Financials (XLF) were the best performing sectors for the week. The worst performers were Consumer Discretionary (XLY), Technology (XLK), and Energy (XLE).