Sept 3 I Tough door or dull axe? I Market Weather Report
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Aug 21st the bull point of control shifted up to SPY 550 / ES_F 5500. Today that is exactly where markets pulled back to, but ultimately closed slightly above.
Range bound trading until close below SPY 550 / ES_F 5500 or above SPY 560 / ES_F 5600.
Sector ETF Weather Report
Materials: Roost
Communication Services: Headwind
Energy: Roost
Financials: Roost
Industrials: Roost
Technology: Headwind
Consumer Staples: Tailwind
Real Estate: Tailwind
Utilities: Tailwind
Health Care: Tailwind
Consumer Discretionary: Roost
Algorithmically generated I Not investment advice
Little Bird Trading’s Algo Generated Market Weather Report
FREE example: 08.06.24 - Little Bird Trading's Market Weather Report (link)
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