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 volatile. Continue to hold longs.
- US S&P 500 – MT is sideways volatile. Continue long.
- US Nasdaq – MT is sideways volatile. Continue long.
- US Russell 2000 – MT is bear normal. Continue short.
- UK 100 – MT is sideways normal. Wait.
- Europe 50 – MT is bear normal. Continue short.
- Germany 30 – MT is bear normal. Continue short.
- France 40 – MT is bear normal. Continue short.
- Italy 40 – MT is bear normal. Continue short.
- Spain 35 – MT is bear normal. Continue short.
- Swiss 30 – MT is bear normal. Continue short
- Netherlands 25 – MT is bear normal. Look short.
- Japan 225 – MT is bear normal. Continue short.
- Hong Kong 33 – MT is bear normal. Continue short.
- China Class A Shares – MT is bear normal. Continue short, but wary of base forming.
- Singapore 30 – MT is bear volatile. Wait.
- Australia 200 – MT is sideways normal. Wait.
- New Zealand 50 – MT is bull normal. Continue to buy.
- Canada 60 – MT is bear volatile. Wait.
- Emerging Markets – MT is bear volatile. Wait.
- Gold – MT is fast bull. Continue to buy.
- Gold vs EURO – MT is fast bull. Continue to buy.
- Silver – MT is sideways normal. Wait.
- Silver vs EURO – MT is sideways normal. Wait.
- Copper – MT is bear volatile. Inverse head and shoulders – possible buy.
- Iron Ore – MT is sideways normal. Wait.
- Platinum – MT is sideways normal. Wait.
- Palladium – MT is bear normal. Continue short.
- Bitcoin – MT is sideways normal. Wait.
- Brent Oil – MT is sideways normal. Wait.
- WTI Oil – MT is bear normal. Continue short.
- Natural Gas – MT is sideways normal. Wait.
- Corn – MT is sideways quiet. Wait,
- Sugar – MT is sideways volatile. Wait.
- Soy Bean – MT is sideways quiet. Wait.
- Wheat – MT is sideways normal. Wait.
- Cocoa – MT is bear volatile. Wait.
- US T-Bond – MT is sideways volatile. Possible sell.
- Euro Bund – MT is bull normal. Minor double top in place with bearish engulfing week so careful.
- UK GILTS – MT is sideways volatile. Wait.
- Junk bonds – MT is bear volatile. Wait.
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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