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SPX

S&P 500

$0.00 /

+ (+0.00%)

, SPY

SPDR S&P 500 ETF Trust

$375.71 /

-2.77 (-0.73%)

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).

SPX

S&P 500

$0.00 /

+ (+0.00%)

SPY

SPDR S&P 500 ETF Trust

$375.71 /

-2.77 (-0.73%)

XLE

Energy Select Sector SPDR

$42.67 /

-1.84 (-4.13%)

XLP

Consumer Staples Sector SPDR

$65.61 /

-0.27 (-0.41%)

XLF

Financial Select Sector

$30.90 /

-0.575 (-1.83%)

XLB

S&P Select Materials SPDR

$75.28 /

-1.16 (-1.52%)

XLK

Technology Select Sector SPDR

$127.50 /

-1.24 (-0.96%)

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