Stock Index Weekly Market Type Analysis 11 October 2015

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. Cautious buy in this market type.
  • US S&P 500 – MT is sideways volatile. Cautious buy OK but we wary of resistance at 2020
  • US Nasdaq – MT is sideways volatile. Cautious buy.
  • US Russell 2000 – MT is bear normal. We have a reversal pattern so best to wait for now.
  • UK 100 – MT is sideways volatile. Careful longs OK. This could be one of the better buys with deteriorating data putting the damper on the chances of a rate hike in the UK (Bad news is good news in the current environment).
  • Europe 50 – MT is sideways volatile. Cautious longs OK.
  • Germany 30 – MT is sideways volatile. Decent risk/reward here so look to buy.
  • France 40 – MT is sideways volatile. Cautious buy.
  • Italy 40 – MT is sideways volatile. Cautious buy.
  • Spain 35 – MT is sideways volatile. Cautious buy.
  • Swiss 30 –  MT is sideways volatile. Small bearish hammer suggests it might be best to wait.
  • Netherlands 25 –  MT is sideways volatile. Cautious buy.
  • Japan 225 – MT is sideways volatile. Continue to buy with caution.
  • Hong Kong 33 – MT is sideways volatile. Cautious buy. China showing signs of base building.
  • Singapore 30 – MT is bear normal. But we have seen a large marbuzo candle signalling the market is likely to turn sideways (or melt-up!).
  • Australia 200 – MT is sideways volatile. Cautious buy.
  • Gold – MT is sideways normal. Wait for now.
  • Gold vs EURO – MT is sideways  normal. Wait for now.
  • Silver – MT is sideways normal.  Wait for now.
  • Silver vs EURO – MT is sideways normal. Wait for now.
  • Copper – MT is sideways normal. Market type has switched to sideways so wait for now.
  • Platinum – MT is bear normal. But big marbuzo candle suggests caution.
  • Palladium – MT is sideways volatile. Wait for now.
  • Bitcoin – MT is sideways normal. Wait.
  • Brent Oil – MT is sideways quiet. Wait.
  • WTI Oil – MT is sideways quiet. Wait, though lower time-frames suggest shorts.
  • Natural Gas – MT is sideways normal. Minor double bottom in place suggests caution.
  • Corn – MT is sideways volatile. Wait.
  • Sugar – MT is bull normal. Look to buy.
  • Soy Bean – MT is sideways  normal. Wait.
  • Wheat – MT is sideways volatile. Bearish hammer suggests caution.
  • US T-Bond – MT is sideways volatile. Wait.
  • US T-note – MT is sideways volatile. Wait.
  • Euro Bund – MT is sideways volatile. Wait.
  • 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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