Stock Index Weekly Market Type Analysis 11 July 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 sideways normal. Wait.
  • US S&P 500 – MT is sideways normal. Wait.
  • US Nasdaq – MT is sideways normal. Wait.
  • US Russell 2000 – MT is sideways normal. Wait.
  • UK 100 – MT is bull fast. Buy but careful of a fast reversal in this MT.
  • Europe 50 – MT is sideways normal. Wait or contrarian buy off busted breakout.
  • Germany 30 – MT is sideways normal. Wait or contrarian buy off busted breakout.
  • France 40 – MT is sideways normal. Wait.
  • Italy 40 – MT is bear normal. Short with caution as sharp reversals are common in this MT.
  • Spain 35 – MT is sideways volatile. Wait or contrarian buy off busted breakout.
  • Swiss 30 –  MT is sideways normal. Wait or contrarian buy off busted breakout.
  • Netherlands 25 –  MT is sideways volatile. Wait.
  • Japan 225 – MT is sideways normal. Wait.
  • Hong Kong 33 – MT is sideways normal. Wait.
  • China Class A Shares – MT is sideways normal. Wait
  • India – MT is bull normal. Look to buy.
  • Singapore 30 – MT is sideways normal. Wait.
  • Australia 200 – MT is sideways volatile. Wait.
  • New Zealand 50 – MT is bull normal.  Continue to buy.
  • Canada 60 – MT is bull normal. Continue to buy.
  • Emerging Markets – MT is sideways normal. Wait.
  • Gold – MT is bull normal. Continue to buy.
  • Gold vs EURO – MT is bull normal. Continue to buy.
  • Silver – MT is bull fast.  Continue to buy, but careful of sharp reversal in this MT.
  • Silver vs EURO – MT is bull fast. Continue to buy, but careful of sharp reversal in this MT.
  • Copper – MT is sideways normal. Wait.
  • Iron Ore – MT is sideways normal. Wait.
  • Platinum – MT is bull normal. Look to buy.
  • Palladium – MT is sideways normal. Wait.
  • Bitcoin – MT is bull volatile. Wait.
  • Brent Oil – MT is sideways normal. Continue to sell.
  • WTI Oil – MT is sideways normal. Continue to sell.
  • Natural Gas – MT is bull normal. Look to buy.
  • Corn – MT is sideways volatile. Wait or contrarian buy in this mt
  • Sugar – MT is bull normal. Continue to buy but a good time to take a little profit here.
  • Soy Bean – MT is bull volatile. Wait.
  • Wheat – MT is bear normal. Look to sell but careful of the small hammer.
  • Cocoa – MT is sideways normal. Wait.
  • US T-Bond – MT is bull fast. Buy.
  • Euro Bund – MT is bull normal. Buy.
  • UK GILTS – MT is sideways volatile. Wait.
  • Junk bonds – MT is sideways volatile. Wait.
  • GBPUSD –  MT is bear fast. Continue to sell.
  • USDJPY – MT is bear fast. Continue to sell but wary of a bounce.
  • 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 normal. Wait.
  • EURGBP –  MT is bull fast. Continue to buy, but wary of a sharp reversal in this MT.

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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