Market Lean Report | Tuesday, May 12th | Little Bird Trading
Long/short levels on the 11 S&P sectors, futures ($ES $NQ $YM $RTY), 100+ US & global tickers spanning equity indexes, stocks, bonds, commodities, currencies, and crypto
Today’s S&P Sectors Lean Report — Free report: monitors the 11 S&P 500 sectors.
Upgrade to paid to also receive the Futures Lean Report ($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.
S&P Sectors Lean Overview
Day Traders: Headwinds: 4 | Tailwinds: 1
— Headwinds report: XLC/ short lean below 115.57; XLF/ short lean below 51.17; XLP/ short lean below 83.37; XLV/ short lean below 143.03;
— Tailwinds report: XLK\ long lean above 177.89;
Traders: Headwinds: 1 | Tailwinds: 1
— Headwinds report: XLF/ short lean below 51.13;
— Tailwinds report: XLK\ long lean above 177.89;
Investors: Headwinds: 0 | Tailwinds: 1
— Headwinds report: 0 wind currents
— Tailwinds report: XLK\ long lean above 177.89;
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"
// XLC
is_XLC = syminfo.ticker == "XLC"
var line line_XLC_day = na
if is_XLC and timeframe.isintraday
if na(line_XLC_day)
line_XLC_day := line.new(bar_index - 100, 115.57, bar_index + 20, 115.57, color=color.red, width=2)
else
line.set_xy1(line_XLC_day, bar_index - 100, 115.57)
line.set_xy2(line_XLC_day, bar_index + 20, 115.57)
// XLE
is_XLE = syminfo.ticker == "XLE"
// XLF
is_XLF = syminfo.ticker == "XLF"
var line line_XLF_day = na
if is_XLF and timeframe.isintraday
if na(line_XLF_day)
line_XLF_day := line.new(bar_index - 100, 51.17, bar_index + 20, 51.17, color=color.red, width=2)
else
line.set_xy1(line_XLF_day, bar_index - 100, 51.17)
line.set_xy2(line_XLF_day, bar_index + 20, 51.17)
var line line_XLF_trader = na
if is_XLF and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
if na(line_XLF_trader)
line_XLF_trader := line.new(bar_index - 100, 51.13, bar_index + 20, 51.13, color=color.red, width=2)
else
line.set_xy1(line_XLF_trader, bar_index - 100, 51.13)
line.set_xy2(line_XLF_trader, bar_index + 20, 51.13)
// XLI
is_XLI = syminfo.ticker == "XLI"
// 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, 177.89, bar_index + 20, 177.89, color=color.green, width=2)
else
line.set_xy1(line_XLK_day, bar_index - 100, 177.89)
line.set_xy2(line_XLK_day, bar_index + 20, 177.89)
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, 177.89, bar_index + 20, 177.89, color=color.green, width=2)
else
line.set_xy1(line_XLK_trader, bar_index - 100, 177.89)
line.set_xy2(line_XLK_trader, bar_index + 20, 177.89)
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, 177.89, bar_index + 20, 177.89, color=color.green, width=2)
else
line.set_xy1(line_XLK_investor, bar_index - 100, 177.89)
line.set_xy2(line_XLK_investor, bar_index + 20, 177.89)
// XLP
is_XLP = syminfo.ticker == "XLP"
var line line_XLP_day = na
if is_XLP and timeframe.isintraday
if na(line_XLP_day)
line_XLP_day := line.new(bar_index - 100, 83.37, bar_index + 20, 83.37, color=color.red, width=2)
else
line.set_xy1(line_XLP_day, bar_index - 100, 83.37)
line.set_xy2(line_XLP_day, bar_index + 20, 83.37)
// XLRE
is_XLRE = syminfo.ticker == "XLRE"
// XLU
is_XLU = syminfo.ticker == "XLU"
// 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, 143.03, bar_index + 20, 143.03, color=color.red, width=2)
else
line.set_xy1(line_XLV_day, bar_index - 100, 143.03)
line.set_xy2(line_XLV_day, bar_index + 20, 143.03)
// 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.
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 Tuesday, May 12th
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