Saturday, February 18, 2012 Stock Market Trends

Here are the current support and resistance levels for the market sectors. Many market sectors are at levels above their three month resistance levels.

Support Levels

Consumer Discretionary (XLY): $42.65
Consumer Staples (XLP): $32.64
Energy (XLE): $74.02
Financials (XLF): $14.77
Health Care (XLV): $36.22
Industrials (XLI): $36.97
Materials (XLB): $37.20
Technology (XLK): $28.26
Utilities (XLU): $34.94

Resistance Levels

Consumer Discretionary (XLY): ?
Consumer Staples (XLP): ?
Energy (XLE): ?
Financials (XLF): ?
Health Care (XLV): $36.36
Industrials (XLI): $37.42
Materials (XLB): $37.88
Technology (XLK): ?
Utilities (XLU): $35.07