2021-10-15 15:54:57 | On the Fly: Weekly S&P 500 Technical SummaryThe S&P 500 (SPX) is set to end the week near its highs and significantly higher against last Friday. At the last price of 4470, resistance for the coming week is in the range of 4480-4545. Support is in the range of 4460-4390. The best performers for the week were Energy (XLE), Basic Materials (XLB), Real Estate (XLRE), and Consumer Staples (XLP). Health Care (XLV) is the sole sector ending in the red for the week, but Utilities (XLU) also under-performed along with the Financials (XLF), which had rallied late last week into big bank earnings. |
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