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2021-01-15 16:06:23 XLK Technology Select Sector SPDR $127.50 / -1.24 (-0.96%) , XLB S&P Select Materials SPDR $75.28 / -1.16 (-1.52%) … 16:06 01/15/21 01/15 16:06 01/15/21 16:06	On The Fly: Weekly technical notes for S&P 500 The index is set to end down for the week, a rare loss in recent market terms. With the S&P 500 last at 3770, the support range in the coming week is 3760-3720. With both a holiday-shortened week next week and a deluge of earnings, forecasts in either direction could easily be overshot. Resistance is in the range of 3775-3825. Consumer Staples (XLP), Technology (XLK), and Materials (XLB) were the weakest sectors. The strongest were Energy (XLE) and the Financials (XLK). XLK Technology Select Sector SPDR $127.50 / -1.24 (-0.96%) XLB S&P Select Materials SPDR $75.28 / -1.16 (-1.52%) XLF Financial Select Sector $30.90 / -0.575 (-1.83%) XLP Consumer Staples Sector SPDR $65.61 / -0.27 (-0.41%) XLE Energy Select Sector SPDR $42.67 / -1.84 (-4.13%) SPY SPDR S&P 500 ETF Trust $375.71 / -2.77 (-0.73%) SPX S&P 500 $0.00 / + (+0.00%)

2021-01-15 16:06:23

XLK

Technology Select Sector SPDR

$127.50 / -1.24 (-0.96%)

, XLB

S&P Select Materials SPDR

$75.28 / -1.16 (-1.52%)

… 16:06

01/15/21

01/15

16:06

01/15/21

16:06

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

The index is set to end down for the week, a rare loss in recent market terms. With the S&P 500 last at 3770, the support range in the coming week is 3760-3720. With both a holiday-shortened week next week and a deluge of earnings, forecasts in either direction could easily be overshot. Resistance is in the range of 3775-3825. Consumer Staples (XLP), Technology (XLK), and Materials (XLB) were the weakest sectors. The strongest were Energy (XLE) and the Financials (XLK).

XLK

Technology Select Sector SPDR

$127.50 / -1.24 (-0.96%)

XLB

S&P Select Materials SPDR

$75.28 / -1.16 (-1.52%)

XLF

Financial Select Sector

$30.90 / -0.575 (-1.83%)

XLP

Consumer Staples Sector SPDR

$65.61 / -0.27 (-0.41%)

XLE

Energy Select Sector SPDR

$42.67 / -1.84 (-4.13%)

SPY

SPDR S&P 500 ETF Trust

$375.71 / -2.77 (-0.73%)

SPX

S&P 500

$0.00 / + (+0.00%)

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

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