** S&P 500's sharp swings ultimately lead to a 2.1pct gain; violent up-down-up action ends a 2-week losing streak
** Indeed, a long-term moving average works its magic, as DJI does the same dance
** This as Nasdaq Composite tries to get throughtroubled times. Though FANG decay can lead to toothloss on the charts
** Nevertheless, in the end, all sectors manage to have fun:Defensive/bond proxies rule the playground, while energyconsiders indoor recess
** Defensive sectors: Utilities, Telecom, Real Estate and Staples rally3-3.5 pct. Staples enjoy their best week in nearly 5 years.Though charts suggest defensives may not yet be the rightoffensive call
** Industrials gain 2 pct. GE sinks below
** Tech rallies 1.7 pct. Sector bounces back onupgrades, easing
** Financials add 1.4 pct. KBW says big
** Cons Disc gains 1.2 pct. Amazon.comcloses down ~3 pct as President Trump escalates his attack onthe co . Though more traditionalretailers climb on the news. Top SPX stock, Macy'sgains ~9 pct
** SPX sector performance over past 12 mths: https://reut.rs/2GtQ008
** Meanwhile, Tesla skids to year-low followingfederal probe into car crash. MS sees buyingopportunity, while Instinet says brand remains rocksolid. Though share slide can expose chart magnets