Each week I review the current market type and fundamental considerations on a variety of stock and commodity indices. Market type analysis is critical to trade planning.
MT = Market Type ( See lesson 8 in the Share Investing Course for Smart People)
- US Dow Jones – MT is sideways normal. Go long off the bottom of the range
- US S&P 500 – MT is sideways normal. Wait for now
- US Nasdaq – MT is bull normal. Breakout holding above the top of the range. Continue long.
- US Russell 2000 – MT is sideways normal. Long off the bottom of the range.
- UK 100 – MT is sideways volatile. Wait.
- Europe 50 – MT is sideways volatile. Wait.
- Germany 30 – MT is sideways volatile. Wait.
- France 40 – MT is sideways volatile. Wait.
- Italy 40 – MT is sideways volatile. Wait.
- Spain 35 – MT is sideways volatile. Wait.
- Swiss 20 – MT is sideways normal. Wait.
- Netherlands 25 – MT is sideways volatile. Wait.
- Japan 225 – MT is sideways volatile. Long for now but with caution.
- Hong Kong 33 – MT is sideways extreme. Wait.
- Singapore 30 – MT is bear normal. Look short.
- Australia 200 – MT is sideways volatile. Wait.
- Gold – MT is bear normal. Continue short.
- Gold vs EURO – MT is bear normal. Continue short.
- Silver – MT is bear normal. Continue short.
- Silver vs EURO – MT is bear normal. Continue short.
- Copper – MT is bear normal. Continue short.
- Brent Oil – MT is bear normal. Continue short
- WTI Oil – MT is bear normal. Continue short.
- US 30 year Bonds – MT is sideways volatile. Volatile market so stay out.
- US 10 year Bonds – MT is sideways volatile. Volatile market so stay out.
- German 10 year Bonds – MT is sideways volatile. Volatile market so stay out.
- UK 10 year Bonds – MT is bear normal. Look to sell.
About the Author
Sam Eder is the author of the Share Investing Course for Smart People. He is the founder and head trader at market beating stock investing service SpoonFed Investor. If you like his writing you can subscribe to his newsletter.
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