The S&P 500 I:GSPC is divided into 11 sectors and each can be traded using its own exchange-traded fund. The industrial, consumer discretionary and technology ETFs set all-time intraday highs on Tuesday. The financial sector ETF set a multiyear intraday high, not an all-time high.

Only the energy sector has a year-to-date decline. Before the election, when the energy sector was weak, the overall stock market was weak. U.S. energy production is on the rise, but demand for oil and gas is not. This will likely change when infrastructure spending begins and higher-paying jobs are created.

While not setting new highs Tuesday, materials and transports set new highs in January and February, respectively.

The REITs sector is up, but is a laggard as brick and mortar stores are shuttered. This ETF peaked last July, but is attempting to recover in 2017 and tested its 200-day simple moving average Tuesday. Consumer staples, health care and utilities set highs in July or August, but have positive weekly charts.

Here's last week's scorecard for the 11 exchange-traded funds that represent each of the sectors of the S&P 500.

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The SPDR Dow Jones REIT ETF (RWR) - Get Report ended last week at $93.94, up 0.6% year to date and still in correction territory. It is 10% below its all-time intraday high of $104.34 set on July 29, 2016, and is 16.3% above its Feb. 11, 2016 low of $80.74.

The weekly chart for RWR ended last week positive, with the ETF above its key weekly moving average of $93.17 and above its 200-week simple moving average of $86.60, last tested as its "reversion to the mean" during the week of Feb. 12, 2016 when the average was $81.06. The weekly momentum reading ended last week at 68.23, up from 67.03 on Feb. 10.

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Investors looking to buy the REIT ETF should do so on weakness to $86.60, which is the 200-week simple moving average. Investors looking to reduce holdings should consider selling strength to $94.74, $95.61 and $97.30, which are key levels on technical charts until the end of March, the end of this week, and the end of February, respectively. The lower end of this sell zone was tested on Tuesday.

The Materials Select Sector SPDR Fund (XLB) - Get Report ended last week at $52.30, up 5.2% year to date, and set an all-time intraday high of $53.26 on Jan. 26. The ETF is in bull-market territory, 44.1% above its Jan. 20, 2016 low of $36.29.

The weekly chart for XLB is positive but overbought, with the ETF above its key weekly moving average of $51.42 and above its 200-week simple moving average of $46.38, last tested as the "reversion to the mean" during the week of July 1, when the average was $44.51. The weekly momentum reading slipped to 81.57 last week, down from 83.74 on Feb. 10, still above the overbought threshold of 80.00.

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Investors looking to buy the materials ETF should do so on weakness to $51.20 and $44.49, which are key levels on technical charts until the end of February and the end of March, respectively. Investors looking to reduce holdings should consider selling strength to $55.87 and $61.72, which are key levels on technical charts until the end of June and 2017, respectively. Short-term traders can sell at this week's risky level of $52.81.

The Industrial Select Sector SPDR Fund (XLI) - Get Report ended last week at $65.89, up 5.9% year over year, and set its all-time intraday high of $65.89 on Feb. 17. This ETF is in bull market territory, 40.7% above its Jan. 20, 2016 low of $46.82.

The weekly chart for XLI is positive but overbought, with the ETF above its key weekly moving average of $63.88 and above its 200-week simple moving average of $53.60, which was last tested as the "reversion to the mean" during the week of Jan. 22, 2016, when the average was $47.92. The weekly momentum reading rose to 87.47 last week, up from 87.05 on Feb. 10, well above the overbought threshold of 80.00.

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Investors looking to buy the industrial ETF should do so on weakness to $56.09, which is a key level on technical charts until the end of March. I show a monthly pivot for February at $64.00, which can be considered a buy level this week. Aggressive buyers this week can buy at my weekly value level of $65.15. Investors looking to reduce holdings should do so on strength to $70.05 and $71.67, which are key levels on technical chart until the end of 2017, and the end of June, respectively.

The Consumer Discretionary Select Sector SPDR Fund (XLY) - Get Report ended last week at $86.61, up 6.4% year to date, and set its all-time intraday high of $86.79 on Feb. 15. The ETF is in bull market territory 28.1% above its Jan. 20. 2016 of $67.59.

The weekly chart for XLY is positive but overbought, with the ETF above its key weekly moving average of $84.48 and well above its 200-week simple moving average of $71.84. The weekly momentum reading rose to 88.92 last week, up from 87.20 on Feb. 10, moving further above the overbought threshold of 80.00.

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Investors looking to buy the consumer discretionary ETF should do so on weakness to $84.35 and $83.27, which are key levels on technical charts until the end of March and the end of February, respectively. The gap higher on Tuesday makes the weekly value level of $86.69 an aggressive buy level. Investors looking to reduce holdings on strength to $97.00 and $98.70, which are annual and semiannual risky levels are $97.00 and $98.70, respectively.

The Consumer Staples Select Sector SPDR Fund (XLP) - Get Report ended last week at $54.46, up 5.3% year to date and set its all-time intraday high of $56.02 back on July 14, 2016. The ETF is up 14.9% from its Jan. 20, 2016 low of $47.39.

The weekly chart for XLP is positive but overbought, with the ETF above its key weekly moving average of $52.89 and above its 200-week simple moving average of $47.54. The weekly momentum reading rose to 84.45 last week, up from 77.99 on Feb. 10, moving above the overbought threshold of 80.00.

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Investors looking to buy the consumer staples ETF should do so on weakness to $47.54, which is the 200-week simple moving average. This ETF is above $53.48, $53.50 and $53.68, which are pivots on technical charts until the end of March, February and this week, respectively. Investors looking to reduce holdings should sell strength to annual and semiannual risky levels at $58.03 and $61.19, respectively.

The Energy Select Sector SPDR Fund (XLE) - Get Report ended last week at $71.97, down 4.4% year to date, but in bull-market territory, 44.1% above its Jan. 20, 2016 low of $49.93. This ETF set its 2016 high of $78.45 on Dec. 12.

The weekly chart for XLE is negative, with the ETF below its key weekly moving average of $73.60, and below its 200-week simple moving average of $77.49, after being briefly above it during the week of Dec. 16. The weekly momentum reading slipped to 52.08 last week down from 60.04 on Feb. 10.

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Investors looking to buy the energy ETF should do so on weakness to $59.87, which is a key level on technical charts until the end of March. Aggressive buyers can do so at $71.43, which is this week's value level. Investors looking to reduce holdings should consider selling strength to $75.11, which is a key level on technical charts until the end of February.

The Financial Select Sector SPDR Fund (XLF) - Get Report ended last week at $24.47 year to date and set its multiyear intraday high of $24.47 set on Feb. 15. The ETF is in bull-market territory, 54.3% above its Feb. 11, 2016 low of $15.86.

The weekly chart for XLF is positive but overbought with the ETF above its key weekly moving average of $23.55 and above its 200-week simple moving average of $18.82, last tested as the "reversion to the mean" during the week of July 1 when the average was $17.58. The weekly momentum reading rose to 92.62 last week up from 91.64 on Feb. 10, further above the overbought threshold of 80.00.

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Investors looking to buy the finance ETF should do so on weakness to $23.87, $22.74 and $19.86, which are key levels on technical charts until the end of this week, until the end of February and the end of March, respectively. The $23.65 level is an annual pivot or magnet in play for all of 2017. Investors looking to reduce holdings should consider selling strength to $25.87, which is a key level on technical charts until the end of June.

The Health Care Select Sector SPDR Fund (XLV) - Get Report ended last week at $73.66, up 6.8% year to date and is 17.5% above its Feb. 9, 2016 low of $62.68. This ETF lags its all-time high of $76.00 set on August 1.

The weekly chart for XLV is positive with the ETF above its key weekly moving average of $71.15 and well above its 200-week simple moving average of $65.00. The weekly momentum reading rose to 78.74 last week, up from 70.63 on Feb. 10. This ETF will be overbought at the end of this week.

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Investors looking to buy the health care ETF should do so on weakness to $70.40, which is a key level on technical charts for February. My quarterly level of $72.65 has become a pivot or magnet until the end of March. There is also a weekly pivot at $72.98. Investors looking to reduce holdings should consider selling strength to $78.09, which is a key level on technical charts until the end of 2017.

The Utilities Select Sector SPDR Fund (XLU) - Get Report ended last week at $49.57, up 2.1% year to date and is 6.5% below its July 6, 2016 high of $53.02, and is 19.4% above its Dec. 11, 2015 low of $41.50.

The weekly chart for the utilities ETF is positive but overbought with the ETF above its key weekly moving average of $48.81 and above its 200-week simple moving average as support at $43.94. The weekly momentum reading rose to 82.10 last week, up from 76.98 on Feb. 10, now above the overbought threshold of 80.00.

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Investors looking to buy the utilities ETF should do so on weakness to $46.26, which is a key level on technical charts until the end of March. A weekly pivot is at $49.23. Investors looking to reduce holdings should consider selling strength to $49.94 and $50.72, which are key levels on technical charts until the end of February and the end of 2017, respectively. A semiannual risky level is $54.29.

The Technology Select Sector SPDR Fund (XLK) - Get Report ended last week at $52.19, up 7.9% year to date and in bull-market territory 37.2% above its Jan. 20, 2016 low of $38.03. This ETF set its all-time intraday high of $52.19 on Feb. 17.

The weekly chart for XLK is positive but overbought with the ETF above its key weekly moving average of $50.33 and well above its 200-week simple moving average of $40.35. The weekly momentum reading rose to 95.99 last week, up from 94.71 on Feb. 10, moving further above the overbought threshold of 80.00.

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Investors looking to buy the technology ETF should consider doing so on weakness to $50.93 and $46.95, which are key levels on technical charts until the end of February and the end of March, respectively. There is a weekly pivot of $52.00. Investors looking to reduce holdings should consider selling strength to $53.45 and $55.49, which are key levels on technical charts until the end of June and the end of 2017, respectively.

The iShares Transportation Average ETF (IYT) - Get Report ended last week at $171.17, up 5.1% year to date and in bull-market territory, 49% above its Jan. 20, 2016 low of $114.91. The transportation ETF set its all-time intraday high of $172.30 on Feb. 15.

The weekly chart for the transportation ETF is positive but overbought, with the ETF above its key weekly moving average of $166.73 and above its 200-week simple moving average of $141.72. The weekly momentum reading slipped to 81.97 last week down from 82.41 on Feb. 10, above the overbought threshold of 80.00.

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Investors looking to buy the transportation ETF should consider doing so on weakness to $162.78 and $130.09, which are key levels on technical charts until the end of February and the end of March, respectively. Aggressive buyers can add to positions at my weekly value level of $169.50. Investors looking to reduce holdings should do so on strength to $182.54, which is a key level on technical charts until the end of 2017. My semiannual risky level is $192.85.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.