On The Fly: Weekly technical notes for S&P 500At time of writing the S&P 500 (SPX) is set to end with a large gain after a steady week of stairsteps higher following the breakout above 4000. With the last price at 4120 there is no resistance. A possible run to 4140-4200 could be in the cards. The run higher is so new that support has not yet been established. Possible support is in the range of 4100-4025. Technology (XLK), Consumer Discretionary (XLY), and Financials (XLF) were the best performing sectors. The weakest sector was Energy (XLE). XLEEnergy Select Sector SPDR Consumer Discretionary Sector SPDR Technology Select Sector SPDR | 