Thursday, Apr 16th, Market Weather Report
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Thursday, Apr 16th, Market Weather Reports
Today’s S&P Sectors Weather Report — A FREE report for all subscribers. Monitors the 11 sectors of the S&P 500.
S&P Sectors Overview
Day Traders: Headwinds: 1 | Tailwinds: 4 | Perch: 6
— Cloudy skies out there. Default to your lean, or wait for the next market session to see if the wind currents are clearer.
— Headwinds report: XLB/ short lean below 51.37;
— Tailwinds report: XLC\ long lean above 117.39; XLF\ long lean above 52.16; XLK\ long lean above 150.25; XLY\ long lean above 118.17;
Traders: Headwinds: 0 | Tailwinds: 4 | Perch: 7
— Cloudy skies out there. Default to your lean, or wait for the next market session to see if the wind currents are clearer.
— Headwinds report: 0 wind currents
— Tailwinds report: XLC\ long lean above 117.96; XLF\ long lean above 52.23; XLK\ long lean above 150.25; XLY\ long lean above 118.17;
Investors: Headwinds: 0 | Tailwinds: 1 | Perch: 10
— Cloudy skies out there. Default to your lean, or wait for the next market session to see if the wind currents are clearer.
— Headwinds report: 0 wind currents
— Tailwinds report: XLK\ long lean above 150.25;
Today’s S&P Sectors Lean Line TradingView Pine Script Indicator (Copy/Paste)
//@version=5
indicator("Little Bird Trading S&P Sectors Weather 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, 51.37, bar_index + 20, 51.37, color=color.red, width=2)
else
line.set_xy1(line_XLB_day, bar_index - 100, 51.37)
line.set_xy2(line_XLB_day, bar_index + 20, 51.37)
// 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, 117.39, bar_index + 20, 117.39, color=color.green, width=2)
else
line.set_xy1(line_XLC_day, bar_index - 100, 117.39)
line.set_xy2(line_XLC_day, bar_index + 20, 117.39)
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, 117.96, bar_index + 20, 117.96, color=color.green, width=2)
else
line.set_xy1(line_XLC_trader, bar_index - 100, 117.96)
line.set_xy2(line_XLC_trader, bar_index + 20, 117.96)
// 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, 52.16, bar_index + 20, 52.16, color=color.green, width=2)
else
line.set_xy1(line_XLF_day, bar_index - 100, 52.16)
line.set_xy2(line_XLF_day, bar_index + 20, 52.16)
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, 52.23, bar_index + 20, 52.23, color=color.green, width=2)
else
line.set_xy1(line_XLF_trader, bar_index - 100, 52.23)
line.set_xy2(line_XLF_trader, bar_index + 20, 52.23)
// 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, 150.25, bar_index + 20, 150.25, color=color.green, width=2)
else
line.set_xy1(line_XLK_day, bar_index - 100, 150.25)
line.set_xy2(line_XLK_day, bar_index + 20, 150.25)
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, 150.25, bar_index + 20, 150.25, color=color.green, width=2)
else
line.set_xy1(line_XLK_trader, bar_index - 100, 150.25)
line.set_xy2(line_XLK_trader, bar_index + 20, 150.25)
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, 150.25, bar_index + 20, 150.25, color=color.green, width=2)
else
line.set_xy1(line_XLK_investor, bar_index - 100, 150.25)
line.set_xy2(line_XLK_investor, bar_index + 20, 150.25)
// XLP
is_XLP = syminfo.ticker == "XLP"
// XLRE
is_XLRE = syminfo.ticker == "XLRE"
// XLU
is_XLU = syminfo.ticker == "XLU"
// XLV
is_XLV = syminfo.ticker == "XLV"
// 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, 118.17, bar_index + 20, 118.17, color=color.green, width=2)
else
line.set_xy1(line_XLY_day, bar_index - 100, 118.17)
line.set_xy2(line_XLY_day, bar_index + 20, 118.17)
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, 118.17, bar_index + 20, 118.17, color=color.green, width=2)
else
line.set_xy1(line_XLY_trader, bar_index - 100, 118.17)
line.set_xy2(line_XLY_trader, bar_index + 20, 118.17)Today’s Futures Market Weather Report and Stock Market Weather Report are below the paywall line.
Today’s Futures Market Weather Report — Monitors $ES_F, $NQ_F, $YM_F, and $RTY_F.
Today’s Stock Market Weather Report — Monitors 100+ US listed assets, including equity indices, stocks, bonds, commodities, currencies, and crypto.
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