The Lean Report | For Technical Traders | Friday, May 29th
Algo generated long/short levels on the 11 S&P sectors, $ES $NQ $YM $RTY, and 100+ US & global tickers spanning equity indexes, stocks, bonds, commodities, currencies, and crypto
Today’s algo generated long/ short levels on the 11 S&P Sectors.
Upgrade to paid to also receive the algo generated Futures long/ short levels on ES NQ YM RTY, and for 100+ US and global tickers spanning equity indexes, stocks, bonds, commodities, currencies, and crypto.
All Lean Reports include an Excel attachment to integrate into chart review, backtesting, automation, and sharing.
S&P Sectors Lean Overview
Day Traders: Headwinds: 3 | Tailwinds: 4
— Headwinds report: XLE/ short lean below 56.93; XLRE/ short lean below 44.41; XLU/ short lean below 44.62;
— Tailwinds report: XLB\ long lean above 51.36; XLC\ long lean above 116.64; XLV\ long lean above 150.87; XLY\ long lean above 122.08;
Traders: Headwinds: 1 | Tailwinds: 3
— Headwinds report: XLE/ short lean below 56.47;
— Tailwinds report: XLB\ long lean above 51.36; XLV\ long lean above 150.87; XLY\ long lean above 122.08;
Investors: Headwinds: 0 | Tailwinds: 2
— Headwinds report: 0 wind currents
— Tailwinds report: XLV\ long lean above 150.87; XLY\ long lean above 122.08;
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, 51.36, bar_index + 20, 51.36, color=color.green, width=2)
else
line.set_xy1(line_XLB_day, bar_index - 100, 51.36)
line.set_xy2(line_XLB_day, bar_index + 20, 51.36)
var line line_XLB_trader = na
if is_XLB and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
if na(line_XLB_trader)
line_XLB_trader := line.new(bar_index - 100, 51.36, bar_index + 20, 51.36, color=color.green, width=2)
else
line.set_xy1(line_XLB_trader, bar_index - 100, 51.36)
line.set_xy2(line_XLB_trader, bar_index + 20, 51.36)
// 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, 116.64, bar_index + 20, 116.64, color=color.green, width=2)
else
line.set_xy1(line_XLC_day, bar_index - 100, 116.64)
line.set_xy2(line_XLC_day, bar_index + 20, 116.64)
// 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, 56.93, bar_index + 20, 56.93, color=color.red, width=2)
else
line.set_xy1(line_XLE_day, bar_index - 100, 56.93)
line.set_xy2(line_XLE_day, bar_index + 20, 56.93)
var line line_XLE_trader = na
if is_XLE and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
if na(line_XLE_trader)
line_XLE_trader := line.new(bar_index - 100, 56.47, bar_index + 20, 56.47, color=color.red, width=2)
else
line.set_xy1(line_XLE_trader, bar_index - 100, 56.47)
line.set_xy2(line_XLE_trader, bar_index + 20, 56.47)
// 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"
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, 44.41, bar_index + 20, 44.41, color=color.red, width=2)
else
line.set_xy1(line_XLRE_day, bar_index - 100, 44.41)
line.set_xy2(line_XLRE_day, bar_index + 20, 44.41)
// 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, 44.62, bar_index + 20, 44.62, color=color.red, width=2)
else
line.set_xy1(line_XLU_day, bar_index - 100, 44.62)
line.set_xy2(line_XLU_day, bar_index + 20, 44.62)
// 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, 150.87, bar_index + 20, 150.87, color=color.green, width=2)
else
line.set_xy1(line_XLV_day, bar_index - 100, 150.87)
line.set_xy2(line_XLV_day, bar_index + 20, 150.87)
var line line_XLV_trader = na
if is_XLV and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
if na(line_XLV_trader)
line_XLV_trader := line.new(bar_index - 100, 150.87, bar_index + 20, 150.87, color=color.green, width=2)
else
line.set_xy1(line_XLV_trader, bar_index - 100, 150.87)
line.set_xy2(line_XLV_trader, bar_index + 20, 150.87)
var line line_XLV_investor = na
if is_XLV and (timeframe.isweekly or timeframe.ismonthly)
if na(line_XLV_investor)
line_XLV_investor := line.new(bar_index - 100, 150.87, bar_index + 20, 150.87, color=color.green, width=2)
else
line.set_xy1(line_XLV_investor, bar_index - 100, 150.87)
line.set_xy2(line_XLV_investor, bar_index + 20, 150.87)
// 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, 122.08, bar_index + 20, 122.08, color=color.green, width=2)
else
line.set_xy1(line_XLY_day, bar_index - 100, 122.08)
line.set_xy2(line_XLY_day, bar_index + 20, 122.08)
var line line_XLY_trader = na
if is_XLY and (timeframe.isdaily or timeframe.isweekly or timeframe.ismonthly)
if na(line_XLY_trader)
line_XLY_trader := line.new(bar_index - 100, 122.08, bar_index + 20, 122.08, color=color.green, width=2)
else
line.set_xy1(line_XLY_trader, bar_index - 100, 122.08)
line.set_xy2(line_XLY_trader, bar_index + 20, 122.08)
var line line_XLY_investor = na
if is_XLY and (timeframe.isweekly or timeframe.ismonthly)
if na(line_XLY_investor)
line_XLY_investor := line.new(bar_index - 100, 122.08, bar_index + 20, 122.08, color=color.green, width=2)
else
line.set_xy1(line_XLY_investor, bar_index - 100, 122.08)
line.set_xy2(line_XLY_investor, bar_index + 20, 122.08)
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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 Friday, May 29th
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