| 2021-02-26 15:52:35|
XLI, XLF… 15:52 02/26 02/26/21
On The Fly: Weekly technical notes for S&P 500
The S&P 500 is set to end the week lower after a volatile series of alternating up/down days. At the last price of 3845 the resistance levels for next week are in the range of 3860-3950. Support will be in the range of 3830-3750. The sectors that lead down this week were Technology (XLK), Consumer Discretionary (XLY), Utilities (XLU), and Healthcare (XLV). Finishing well of their highs of the week, Energy (XLE), Financials (XLF), and the Industrials (XLI) remained the best-performing sectors.