Stock and Commodity Weekly Market Type Analysis 5 September 2016

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)

Dow Jones – MT is bull normal. Continue to buy, prefer to wait for breakout given the low volatility.
US S&P 500 – MT is bull normal. Continue to buy, prefer to wait for breakout given the low volatility.
US Nasdaq – MT is bull normal. Continue to buy, prefer to wait for breakout given the low volatility.
US Russell 2000 – MT is bull normal. Continue to buy.
UK 100 – MT is bull normal. Continue to buy.
Europe 50 – MT is sideways normal. Wait.
Germany 30 – MT is bull normal. Continue to buy.
France 40 – MT is sideways normal. Wait.
Italy 40 – MT is sideways normal. Wait.
Spain 35 – MT is sideways volatile. Wait or continue to buy off busted breakout.
Swiss 30 – MT is sideways normal. Bearish engulfing after busted breakout, look to sell in this MT.
Netherlands 25 – MT is sideways volatile. Wait.
Japan 225 – MT is sideways normal. Wait, look for a break higher.
Hong Kong 33 – MT is bull normal. Continue to buy.
China Class A Shares – MT is sideways normal. Wait
India – MT is bull normal. Continue to buy.
Singapore 30 – MT is sideways normal. Wait.
Australia 200 – MT is sideways normal. Wait.
New Zealand 50 – MT is bull normal. Continue to buy.
Canada 60 – MT is bull normal. Continue to buy.
Emerging Markets – MT is bull normal. Continue to buy.
Gold – MT is bull normal. Continue to buy.
Gold vs EURO – MT is bull normal. Continue to buy, bullish engulfing makes a nice entry point in the trend.
Silver – MT is bull normal. Continue to buy.
Silver vs EURO – MT is bull normal. Continue to buy, bullish engulfing makes a nice entry point in the trend.
Copper – MT is sideways normal. Wait.
Iron Ore – MT is sideways normal. Wait.
Platinum – MT is bull normal. Continue to buy.
Palladium – MT is bull normal. Look to buy.
Bitcoin – MT is bull volatile. Wait.
Brent Oil – MT is sideways quiet. Wait.
WTI Oil – MT is sideways quiet. Wait.
Natural Gas – MT is bull normal. Continue to buy.
Corn – MT is sideways volatile. Hammer off support provides a technical contrarian buy in this MT
Sugar – MT is bull normal. Continue to buy.
Soy Bean – MT is sideways volatile. Wait.
Wheat – MT is sideways volatile. Wait.
Cocoa – MT is sideways normal. Wait.
Coffee – MT is bull normal. Look to buy.
US T-Bond – MT is bull normal. Continue to buy.
Euro Bund – MT is bull normal. Continue to buy.
UK GILTS – MT is bull normal. Continue to buy.
Junk bonds – MT is bull normal. Continue to buy.
GBPUSD – MT is bear normal. Continue to sell.
USDJPY – MT is sideways volatile. Wait.
AUDUSD – MT is sideways normal. Wait.
EURUSD – MT is sideways normal. Wait.
NZDUSD – MT is bull normal. Continue to buy.
USDCHF – MT is sideways normal. Wait.
USDCAD – MT is sideways quiet. Wait.
EURGBP – MT is bull normal. Buy on dip.
USDNOK – MT is sideways normal. Wait.
USDDKK – MT is sideways normal. Wait.
USDHKD – MT is sideways normal. Possible contrarian buy.
USDSEK – MT is sideways normal. Wait.
USDMXN – MT is sideways normal. Wait, possible topping formation in place.
USDPLN – MT is sideways normal. Wait.
USDTRY – MT is sideways normal. Busted breakout topping formation in place. Look to short and hold as a carry trade.
USDCNY – MT is bull normal. Look to buy.
USDINR– MT is sideways quiet. Wait.
USDZAR – MT is bear volatile. Wait.
USDSGD – MT is sideways normal. Wait.
AAPL – MT is sideways volatile. Wait.
GOOG – MT is sideways volatile. Possible shorting opportunity.
MSFT– MT is bull normal. Look to buy on a break higher.
BRK – MT is bull normal. Continue to buy.
FB – MT is bull normal. Continue to buy.
AMZN – MT is bull normal. Continue to buy.
DIS – MT is sideways normal. Wait.
V – MT is sideways normal. Stalk a bullish breakout.
BAC – MT is bull normal. Continue to buy.
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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