Stock Index Weekly Market Type Analysis 13 December 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. Wait for now.
  • US S&P 500 – MT is sideways volatile. Wait for now.
  • US Nasdaq – MT is sideways volatile. Bearish engulfing week off the top of the range. Look to sell.
  • US Russell 2000 – MT is sideways volatile. Wait for now.
  • UK – MT is sideways normal. Wait for now.
  • Europe 50 – MT is sideways volatile. Continue to sell on the back of less dovish than expected ECB.
  • Germany 30 – MT is sideways volatile. Wait for now.
  • France 40 – MT is sideways volatile. Wait for now.
  • Italy 40 – MT is sideways volatile. Wait for now.
  • Spain 35 – MT is sideways volatile. Wait for now.
  • Swiss 30 –  MT is sideways volatile. Wait for now.
  • Netherlands 25 –  MT is sideways volatile. Wait for now.
  • Japan 225 – MT is sideways volatile. Wait for now.
  • Hong Kong 33 – MT is sideways volatile. Wait for now, or possibly sell.
  • China Class A Shares – MT is sideways volatile. Wait for now.
  • Singapore 30 – MT is bear normal. Continue short.
  • Australia 200 – MT is sideways normal. Wait for now.
  • Emerging Markets – MT is bear normal. Look to sell.
  • Gold – MT is bear normal. Look short.
  • Gold vs EURO – MT is sideways  normal. Wait.
  • Silver – MT is sideways normal.  Wait.
  • Silver vs EURO – MT is sideways normal. Continue short.
  • Copper – MT is bear normal. Continue short.
  • Iron Ore – MT is bear normal. Continue short.
  • Platinum – MT is bear normal. Continue short.
  • Palladium – MT is sideways volatile. A bullish engulfing week off a major technical level. Look to buy.
  • Bitcoin – MT is bull normal. Continue to buy.
  • Brent Oil – MT is bear normal. Oil is breaking below the lower Bollinger Band. Sell
  • WTI Oil – MT is bear normal. Got the expected break. Go short.
  • Natural Gas – MT is bear normal. Go short.
  • Corn – MT is sideways quiet. Wait.
  • Sugar – MT is bull normal. Double top, look for temporary downside.
  • Soy Bean – MT is sideways  normal. Wait.
  • Wheat – MT is sideways normal. Wait for now.
  • US T-Bond – MT is sideways normal. Wait for now.
  • Euro Bund – MT is bull normal. Look to buy.
  • UK GILTS – MT is sideways volatile. Wait.
  • Junk bonds – MT is bear volatile. Continue short but be wary of a reversal.

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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