June 17 Lean Report: Key Levels, Tailwinds, and Headwinds

June 17 Lean Report: Key Levels, Tailwinds, and Headwinds

Start with your timeframe, read the S&P sector map, then use Tailwinds, Headwinds, Perch, and Lean Lines to decide whether to press, wait, or reassess.

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How to use today’s report:

Pick the timeframe that matches your trade thesis; look up the ticker for the sector, future, stock, bond, commodity, currency or crypto; check whether the radar is tracking Tailwinds, Headwinds, or Perch; then review the Lean Line.

If the direction is going against your read, slow down and reassess.

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Reply with one ticker and the timeframe you want to learn more about. I’ll use the most requested to shape future articles, examples, and market breakdowns.

  • Free readers get the S&P sector risk map, TradingView levels, and Excel file.

  • Full Market View extends the same process across ES, NQ, YM, and RTY and 100+ US/global tickers, with TradingView levels and Excel files for review, backtesting, automation, and decision support.

What changed in S&P sectors:

The S&P sector map became more cautious: Tailwinds moved from 3 to 2, Headwinds from 1 to 1, and Perch from 29 to 30 across the three timeframes.

The biggest change showed up in Day Traders: Tailwinds moved from 2 to 1, Headwinds from 1 to 1, and Perch from 8 to 9.

Notable shifts:

XLY weakened on the Day Traders read; XLV showed pressure easing on the Day Traders read; XLK cooled on the Day Traders read.

2026 06 17 S&p Sectors Lean Report Little Bird Trading
5.4KB ∙ XLSX file
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S&P Sector Brief TradingView Levels

//@version=5
indicator("Little Bird Trading S&P Sectors Lean Report - LittleBirdTrading.com", overlay=true)

// XLB
is_XLB = syminfo.ticker == "XLB"

// XLC
is_XLC = syminfo.ticker == "XLC"

// XLE
is_XLE = syminfo.ticker == "XLE"

// XLF
is_XLF = syminfo.ticker == "XLF"

// XLI
is_XLI = syminfo.ticker == "XLI"

// XLK
is_XLK = syminfo.ticker == "XLK"

// XLP
is_XLP = syminfo.ticker == "XLP"

// XLRE
is_XLRE = syminfo.ticker == "XLRE"

// XLU
is_XLU = syminfo.ticker == "XLU"

var line line_XLU_day = na
if is_XLU and timeframe.isintraday
    if na(line_XLU_day)
        line_XLU_day := line.new(bar_index - 100, 45.07, bar_index + 20, 45.07, color=color.green, width=2)
    else
        line.set_xy1(line_XLU_day, bar_index - 100, 45.07)
        line.set_xy2(line_XLU_day, bar_index + 20, 45.07)


var line line_XLU_trader = na
if is_XLU and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
    if na(line_XLU_trader)
        line_XLU_trader := line.new(bar_index - 100, 45.09, bar_index + 20, 45.09, color=color.green, width=2)
    else
        line.set_xy1(line_XLU_trader, bar_index - 100, 45.09)
        line.set_xy2(line_XLU_trader, bar_index + 20, 45.09)


// XLV
is_XLV = syminfo.ticker == "XLV"

// XLY
is_XLY = syminfo.ticker == "XLY"

var line line_XLY_day = na
if is_XLY and timeframe.isintraday
    if na(line_XLY_day)
        line_XLY_day := line.new(bar_index - 100, 118.49, bar_index + 20, 118.49, color=color.red, width=2)
    else
        line.set_xy1(line_XLY_day, bar_index - 100, 118.49)
        line.set_xy2(line_XLY_day, bar_index + 20, 118.49)

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Futures Market & Stock Market Lean Report for Wednesday, June 17th

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