Stock Index Weekly Market Type Analysis 11 April 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)

  • US Dow Jones – MT is sideways volatile. Bull phase of sideways volatile coming to a close. Wait for now.
  • US S&P 500 – MT is sideways volatile. Bull phase of sideways volatile coming to a close. Wait for now.
  • US Nasdaq – MT is sideways volatile. Bull phase of sideways volatile coming to a close. Wait for now.
  • US Russell 2000 – MT is bear volatile. Wait.
  • UK 100 – MT is sideways normal. Wait.
  • Europe 50 – MT is bear normal. Continue short.
  • Germany 30 – MT is sideways volatile. Wait, or possibly look short.
  • France 40 – MT is bear volatile. Wait, but shorts preferred.
  • Italy 40 – MT is bear normal. Continue short.
  • Spain 35 – MT is bear volatile. Continue short.
  • Swiss 30 –  MT is bear normal. Continue short, but bullish engulfing week suggests caution.
  • Netherlands 25 –  MT is sideways volatile. Wait.
  • Japan 225 – MT is bear normal. Continue short.
  • Hong Kong 33 – MT is bear volatile. Time for caution, signals mixed.
  • China Class A Shares – MT is bear normal. Continue short.
  • Singapore 30 – MT is bear volatile. Continue short.
  • Australia 200 – MT is sideways normal. Wait, but shorts preferred.
  • New Zealand 50 – MT is bull fast. Continue to buy but careful of a sudden reversal in this market type.
  • Canada 60 – MT is sideways volatile. Wait.
  • Emerging Markets – MT is bear volatile. Wait.
  • Gold – MT is bull normal. Continue to buy.
  • Gold vs EURO – MT is bull normal. But still low conviction based off bearish price action.
  • Silver – MT is sideways normal.  Wait for now.
  • Silver vs EURO – MT is sideways normal. Wait for now.
  • Copper – MT is sideways normal. Wait or short.
  • Iron Ore – MT is sideways normal. Wait.
  • Platinum – MT is sideways normal.  Bullish price action so wait for now.
  • Palladium – MT is sideways normal. Continue short.
  • Bitcoin – MT is sideways quiet. Wait.
  • Brent Oil – MT is sideways normal.  Wait now.
  • WTI Oil – MT is sideways normal.  Wait now.
  • Natural Gas – MT is sideways normal.  Wait.
  • Corn – MT is sideways quiet. Wait,
  • Sugar – MT is sideways volatile.  Bearish hammer after busted breakout suggests sell, continue short.
  • Soy Bean – MT is bull normal. Continue to scale-in.
  • Wheat – MT is sideways normal. Wait.
  • Cocoa – MT is bear volatile.  Continue short.
  • US T-Bond – MT is bull normal Look to buy.
  • Euro Bund – MT is bull volatile after double top. Wait or buy.
  • 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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