08.27.24 - Chop will continue until a catalyst appears - Little Bird Trading's Market Weather Report

08.27.24 - Chop will continue until a catalyst appears - Little Bird Trading's Market Weather Report

For traders and investors I The algorithmically generated Market Weather Report I Stocks, bonds, commodities, currencies and crypto I LittleBirdTrading.substack.com/subscribe I x.com/LtlBirdTrading

Chop will continue until a catalyst appears.

From yesterday’s Market Weather Report (link)

Shared in Friday’s Market Weather Report (link), and Monday starts this week with the door to new ATHs remaining open

Markets with the highest daily/weekly close since July 17 when the Market Weather Report (link) picked up headwinds on SPY and QQQ.

Next week will markets walk through the open door to new all time highs?

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Sector ETF Weather Report

  • Materials: Roost

  • Communication Services: Tailwind

  • Energy: Roost

  • Financials: Tailwind

  • Industrials: Tailwind

  • Technology: Tailwind

  • Consumer Staples: Roost

  • Real Estate: Tailwind

  • Utilities: Roost

  • Health Care: Roost

  • Consumer Discretionary: Tailwind

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Weather Reports are algorithmically generated. Not investment advice.

Little Bird Trading’s Algo Generated Market Weather Report

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Weather Reports are algorithmically generated. Not investment advice.

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