Tuesday, May 5th Market Lean Report | Little Bird Trading
Daily Market Lean Report: 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+ tickers tracked spanning US and global 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: 6 | Tailwinds: 0
— Headwinds report: XLB/ short lean below 50.64; XLC/ short lean below 116.11; XLF/ short lean below 51.59; XLI/ short lean below 171.0; XLP/ short lean below 83.52; XLRE/ short lean below 44.08;
— Tailwinds report: 0 wind currents
Traders: Headwinds: 1 | Tailwinds: 0
— Headwinds report: XLB/ short lean below 50.64;
— Tailwinds report: 0 wind currents
Investors: Headwinds: 0 | Tailwinds: 0
— Headwinds report: 0 wind currents
— Tailwinds report: 0 wind currents
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, 50.64, bar_index + 20, 50.64, color=color.red, width=2)
else
line.set_xy1(line_XLB_day, bar_index - 100, 50.64)
line.set_xy2(line_XLB_day, bar_index + 20, 50.64)
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, 50.64, bar_index + 20, 50.64, color=color.red, width=2)
else
line.set_xy1(line_XLB_trader, bar_index - 100, 50.64)
line.set_xy2(line_XLB_trader, bar_index + 20, 50.64)
// 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, 116.11, bar_index + 20, 116.11, color=color.red, width=2)
else
line.set_xy1(line_XLC_day, bar_index - 100, 116.11)
line.set_xy2(line_XLC_day, bar_index + 20, 116.11)
// 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, 51.59, bar_index + 20, 51.59, color=color.red, width=2)
else
line.set_xy1(line_XLF_day, bar_index - 100, 51.59)
line.set_xy2(line_XLF_day, bar_index + 20, 51.59)
// 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, 171.0, bar_index + 20, 171.0, color=color.red, width=2)
else
line.set_xy1(line_XLI_day, bar_index - 100, 171.0)
line.set_xy2(line_XLI_day, bar_index + 20, 171.0)
// XLK
is_XLK = syminfo.ticker == "XLK"
// 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, 83.52, bar_index + 20, 83.52, color=color.red, width=2)
else
line.set_xy1(line_XLP_day, bar_index - 100, 83.52)
line.set_xy2(line_XLP_day, bar_index + 20, 83.52)
// 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, 44.08, bar_index + 20, 44.08, color=color.red, width=2)
else
line.set_xy1(line_XLRE_day, bar_index - 100, 44.08)
line.set_xy2(line_XLRE_day, bar_index + 20, 44.08)
// XLU
is_XLU = syminfo.ticker == "XLU"
// XLV
is_XLV = syminfo.ticker == "XLV"
// 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 and review.
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 5th
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