Market Lean Report | Thursday, May 7th | Little Bird Trading

Market Lean Report | Thursday, May 7th | Little Bird Trading

Long/short levels on the 11 S&P sectors, futures ($ES $NQ $YM $RTY), 100+ US & global tickers spanning equity indexes, stocks, bonds, commodities, currencies, and crypto

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Today’s S&P Sectors Lean Report — Free report: monitors the 11 S&P 500 sectors.

Upgrade to paid to also receive the Futures Lean Report ($ES $NQ $YM $RTY) and the Stock Market Lean Report (100+ US and global tickers spanning equity indexes, stocks, bonds, commodities, currencies, and crypto).

All Lean Reports include an Excel attachment for your automation, chart review, backtesting and sharing.

2026 05 07 S&p Sectors Lean Report Little Bird Trading
5.46KB ∙ XLSX file
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S&P Sectors Lean Overview


Day Traders: Headwinds: 1 | Tailwinds: 5
— Headwinds report: XLU/ short lean below 45.7;
— Tailwinds report: XLB\ long lean above 52.4; XLI\ long lean above 176.85; XLK\ long lean above 169.99; XLRE\ long lean above 44.75; XLV\ long lean above 145.38;

Traders: Headwinds: 0 | Tailwinds: 2
— Headwinds report: 0 wind currents
— Tailwinds report: XLK\ long lean above 169.99; XLRE\ long lean above 44.9;

Investors: Headwinds: 0 | Tailwinds: 2
— Headwinds report: 0 wind currents
— Tailwinds report: XLK\ long lean above 169.99; XLRE\ long lean above 44.9;

S&P Sectors Lean Lines Indicator for TradingView

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

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

var line line_XLB_day = na
if is_XLB and timeframe.isintraday
    if na(line_XLB_day)
        line_XLB_day := line.new(bar_index - 100, 52.4, bar_index + 20, 52.4, color=color.green, width=2)
    else
        line.set_xy1(line_XLB_day, bar_index - 100, 52.4)
        line.set_xy2(line_XLB_day, bar_index + 20, 52.4)


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

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

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

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

var line line_XLI_day = na
if is_XLI and timeframe.isintraday
    if na(line_XLI_day)
        line_XLI_day := line.new(bar_index - 100, 176.85, bar_index + 20, 176.85, color=color.green, width=2)
    else
        line.set_xy1(line_XLI_day, bar_index - 100, 176.85)
        line.set_xy2(line_XLI_day, bar_index + 20, 176.85)


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

var line line_XLK_day = na
if is_XLK and timeframe.isintraday
    if na(line_XLK_day)
        line_XLK_day := line.new(bar_index - 100, 169.99, bar_index + 20, 169.99, color=color.green, width=2)
    else
        line.set_xy1(line_XLK_day, bar_index - 100, 169.99)
        line.set_xy2(line_XLK_day, bar_index + 20, 169.99)


var line line_XLK_trader = na
if is_XLK and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
    if na(line_XLK_trader)
        line_XLK_trader := line.new(bar_index - 100, 169.99, bar_index + 20, 169.99, color=color.green, width=2)
    else
        line.set_xy1(line_XLK_trader, bar_index - 100, 169.99)
        line.set_xy2(line_XLK_trader, bar_index + 20, 169.99)


var line line_XLK_investor = na
if is_XLK and (timeframe.isweekly or timeframe.ismonthly)
    if na(line_XLK_investor)
        line_XLK_investor := line.new(bar_index - 100, 169.99, bar_index + 20, 169.99, color=color.green, width=2)
    else
        line.set_xy1(line_XLK_investor, bar_index - 100, 169.99)
        line.set_xy2(line_XLK_investor, bar_index + 20, 169.99)


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

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

var line line_XLRE_day = na
if is_XLRE and timeframe.isintraday
    if na(line_XLRE_day)
        line_XLRE_day := line.new(bar_index - 100, 44.75, bar_index + 20, 44.75, color=color.green, width=2)
    else
        line.set_xy1(line_XLRE_day, bar_index - 100, 44.75)
        line.set_xy2(line_XLRE_day, bar_index + 20, 44.75)


var line line_XLRE_trader = na
if is_XLRE and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
    if na(line_XLRE_trader)
        line_XLRE_trader := line.new(bar_index - 100, 44.9, bar_index + 20, 44.9, color=color.green, width=2)
    else
        line.set_xy1(line_XLRE_trader, bar_index - 100, 44.9)
        line.set_xy2(line_XLRE_trader, bar_index + 20, 44.9)


var line line_XLRE_investor = na
if is_XLRE and (timeframe.isweekly or timeframe.ismonthly)
    if na(line_XLRE_investor)
        line_XLRE_investor := line.new(bar_index - 100, 44.9, bar_index + 20, 44.9, color=color.green, width=2)
    else
        line.set_xy1(line_XLRE_investor, bar_index - 100, 44.9)
        line.set_xy2(line_XLRE_investor, bar_index + 20, 44.9)


// 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, 45.7, bar_index + 20, 45.7, color=color.red, width=2)
    else
        line.set_xy1(line_XLU_day, bar_index - 100, 45.7)
        line.set_xy2(line_XLU_day, bar_index + 20, 45.7)


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

var line line_XLV_day = na
if is_XLV and timeframe.isintraday
    if na(line_XLV_day)
        line_XLV_day := line.new(bar_index - 100, 145.38, bar_index + 20, 145.38, color=color.green, width=2)
    else
        line.set_xy1(line_XLV_day, bar_index - 100, 145.38)
        line.set_xy2(line_XLV_day, bar_index + 20, 145.38)


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

Upgrade to paid to unlock today’s Futures + Stock Market Lean Reports

Paid includes complete lean lines, TradingView indicators, and downloadable Excel files for automation, chart review, backtesting and sharing.

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Disclaimer: Little Bird Trading and any of its associations may or may not, whether long or short, have a position in any instruments. Not investment advice. Provided for informational purposes only. Not a recommendation or endorsement. Not registered or licensed. Model portfolios are property of their respective owners. All data is sourced from publicly available information. No guarantee is being made or offered. Not responsible for financial loss or ruin. Little Bird Trading may earn a commission if you purchase through links on the site.

Futures Market Lean Report for Thursday, May 7th

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