Should Traders Wait for Confirmation? June 26th Plan
Check the Futures Report for index-level risk, the Stock Market Report for ticker-specific setups, and S&P Sectors for a broader review. Lean Lines show where to press, reassess, or wait.
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 subscribers get the S&P Sectors report with TradingView levels and the associated Excel file.
Upgrade to paid now for access to ES, NQ, YM, RTY, and 100+ tickers with TradingView levels and Excel files for review, backtesting, automation, and decision support.
Use the Excel files with Claude Code or Codex as a review layer, not a trade picker. Compare today’s report against prior reports, summarize what changed in the Traders timeframe, and turn your own trade decisions into a repeatable checklist.
The goal is to make the learning loop easier to inspect: what Futures said about index risk, what S&P Sectors confirmed or contradicted, what the Stock Market report showed at the ticker level, and whether your trade thesis matched the evidence.
What changed in S&P sectors:
The Traders read sent a split message across sectors. That makes selectivity more important than broad market conviction.
Notable shifts:
Weakening: Comm Services (XLC).
Improving: Industrials (XLI); Utilities (XLU).
S&P Sectors TradingView Levels
//@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, 51.85, bar_index + 20, 51.85, color=color.green, width=2)
else
line.set_xy1(line_XLB_day, bar_index - 100, 51.85)
line.set_xy2(line_XLB_day, bar_index + 20, 51.85)
// 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, 105.61, bar_index + 20, 105.61, color=color.red, width=2)
else
line.set_xy1(line_XLC_day, bar_index - 100, 105.61)
line.set_xy2(line_XLC_day, bar_index + 20, 105.61)
var line line_XLC_trader = na
if is_XLC and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
if na(line_XLC_trader)
line_XLC_trader := line.new(bar_index - 100, 105.52, bar_index + 20, 105.52, color=color.red, width=2)
else
line.set_xy1(line_XLC_trader, bar_index - 100, 105.52)
line.set_xy2(line_XLC_trader, bar_index + 20, 105.52)
var line line_XLC_investor = na
if is_XLC and (timeframe.isweekly or timeframe.ismonthly)
if na(line_XLC_investor)
line_XLC_investor := line.new(bar_index - 100, 105.52, bar_index + 20, 105.52, color=color.red, width=2)
else
line.set_xy1(line_XLC_investor, bar_index - 100, 105.52)
line.set_xy2(line_XLC_investor, bar_index + 20, 105.52)
// XLE
is_XLE = syminfo.ticker == "XLE"
var line line_XLE_day = na
if is_XLE and timeframe.isintraday
if na(line_XLE_day)
line_XLE_day := line.new(bar_index - 100, 54.11, bar_index + 20, 54.11, color=color.green, width=2)
else
line.set_xy1(line_XLE_day, bar_index - 100, 54.11)
line.set_xy2(line_XLE_day, bar_index + 20, 54.11)
// 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, 53.46, bar_index + 20, 53.46, color=color.red, width=2)
else
line.set_xy1(line_XLF_day, bar_index - 100, 53.46)
line.set_xy2(line_XLF_day, bar_index + 20, 53.46)
// 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, 184.18, bar_index + 20, 184.18, color=color.green, width=2)
else
line.set_xy1(line_XLI_day, bar_index - 100, 184.18)
line.set_xy2(line_XLI_day, bar_index + 20, 184.18)
var line line_XLI_trader = na
if is_XLI and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
if na(line_XLI_trader)
line_XLI_trader := line.new(bar_index - 100, 184.18, bar_index + 20, 184.18, color=color.green, width=2)
else
line.set_xy1(line_XLI_trader, bar_index - 100, 184.18)
line.set_xy2(line_XLI_trader, bar_index + 20, 184.18)
var line line_XLI_investor = na
if is_XLI and (timeframe.isweekly or timeframe.ismonthly)
if na(line_XLI_investor)
line_XLI_investor := line.new(bar_index - 100, 184.18, bar_index + 20, 184.18, color=color.green, width=2)
else
line.set_xy1(line_XLI_investor, bar_index - 100, 184.18)
line.set_xy2(line_XLI_investor, bar_index + 20, 184.18)
// 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, 45.87, bar_index + 20, 45.87, color=color.green, width=2)
else
line.set_xy1(line_XLU_day, bar_index - 100, 45.87)
line.set_xy2(line_XLU_day, bar_index + 20, 45.87)
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, 45.87, bar_index + 20, 45.87, color=color.green, width=2)
else
line.set_xy1(line_XLU_trader, bar_index - 100, 45.87)
line.set_xy2(line_XLU_trader, bar_index + 20, 45.87)
// 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, 155.72, bar_index + 20, 155.72, color=color.green, width=2)
else
line.set_xy1(line_XLV_day, bar_index - 100, 155.72)
line.set_xy2(line_XLV_day, bar_index + 20, 155.72)
// XLY
is_XLY = syminfo.ticker == "XLY"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 & Stock Market Lean Report for Friday, June 26th
Enjoying this content?
Subscribe on Substack
