On the fly News and insights, exclusive to thefly.com

XLRE

Real Estate SPDR

$42.34 /

+0.49 (+1.17%)

, XLY

Consumer Discretionary Sector SPDR

$177.77 /

+1.76 (+1.00%)

15:49
05/07/21
05/07
15:49
05/07/21
15:49

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

At time of writing the S&P 500 was off its session highs but still set to close at a new all-time high. With price last at 4233, there is no resistance overhead. A possible upside range for next week would be 4240-4300. Support is in the range of 4220-4160. The leading sectors for the week were Basic Materials (XLB), Energy (XLE), and the Financials (XLF). On the downside the weakest sectors were Technology (XLK), Consumer Discretionary (XLY), and Real Estate (XLRE).

XLRE

Real Estate SPDR

$42.34 /

+0.49 (+1.17%)

XLY

Consumer Discretionary Sector SPDR

$177.77 /

+1.76 (+1.00%)

XLK

Technology Select Sector SPDR

$139.19 /

+1.41 (+1.02%)

XLF

Financial Select Sector

$37.79 /

+0.225 (+0.60%)

XLE

Energy Select Sector SPDR

$53.66 /

+0.985 (+1.87%)

XLB

S&P Select Materials SPDR

$87.83 /

+0.81 (+0.93%)

SPY

SPDR S&P 500 ETF Trust

$422.64 /

+3.56 (+0.85%)

SPX

S&P 500

/

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