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. Bull normal on lower time frames so keep buying.
- US S&P 500 – MT is sideways volatile. Continue to buy.
- US Nasdaq – MT is bull normal. Look to buy, but be wary of a reversal candle.
- US Russell 2000 – MT is sideways volatile. In a bullish phase on lower-time frames, look to buy.
- UK 100 – MT is bear normal. Short, but with lots of caution. Signals are mixed.
- Europe 50 – MT is sideways volatile. Continue to buy on the back of a dovish ECB but careful as we are getting mid range.
- Germany 30 – MT is sideways volatile. Continue to buy.
- France 40 – MT is sideways volatile. Continue to buy.
- Italy 40 – MT is sideways volatile. Wait for now with daily charts turning sideways.
- Spain 35 – MT is sideways volatile. Wait for now with daily charts turning sideways.
- Swiss 30 – MT is sideways volatile. Wait for now as sitting at resistance.
- Netherlands 25 – MT is sideways volatile. Wait for now with daily charts turning sideways.
- Japan 225 – MT is sideways volatile. Bullish on lower time-frames, look to buy.
- Hong Kong 33 – MT is sideways volatile. Continue to wait for clearer signals.
- China Class A Shares – MT is sideways volatile. In bullish phase so look to buy.
- Singapore 30 – MT is bear normal. Short with caution
- Australia 200 – MT is bear normal. Short with caution
- Gold – MT is sideways normal. Continue short.
- Gold vs EURO – MT is sideways normal. Continue short.
- Silver – MT is sideways normal. Continue short.
- Silver vs EURO – MT is sideways normal. Continue short.
- Copper – MT is sideways normal. Look short
- Platinum – MT is bear normal. Look to sell.
- Palladium – MT is sideways volatile. Look to sell.
- Bitcoin – MT is bull normal. Long tail candle suggests caution.
- Brent Oil – MT is sideways quiet. Wait for now.
- WTI Oil – MT is sideways quiet. Wait for now.
- Natural Gas – MT is sideways normal. Mid range bullish hammer. Wait for now.
- Corn – MT is sideways volatile. Wait.
- Sugar – MT is bull normal. Big bearish hammer suggests caution or an aggressive sell.
- Soy Bean – MT is sideways normal. Wait.
- Wheat – MT is sideways volatile. Wait for now.
- US T-Bond – MT is sideways volatile. Wait for now.
- Euro Bund – MT is bull normal. Continue to sell
- UK GILTS – MT is sideways 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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