Stock Index Weekly Market Type Analysis 13 June 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 volatile. Wait
  • US S&P 500 – MT is sideways volatile. Wait.
  • US Nasdaq – MT is sideways volatile. Wait.
  • US Russell 2000 – MT is sideways volatile. Wait, or possibly sell based on bearish pin candle.
  • UK 100 – MT is sideways normal. Wait.
  • Europe 50 – MT is sideways normal. Wait.
  • Germany 30 – MT is sideways normal. Wait.
  • France 40 – MT is sideways volatile. Wait.
  • Italy 40 – MT is sideways normal. Wait.
  • Spain 35 – MT is sideways normal. Wait.
  • Swiss 30 –  MT is sideways normal. Wait.
  • 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 sideways normal. Sell, based on bearish hammer near top of the range.
  • Singapore 30 – MT is sideways volatile. Wait.
  • Australia 200 – MT is sideways normal. Wait.
  • New Zealand 50 – MT is bull normal. Continue to buy, but be wary of a sharp sell-off. Keep stops tight.
  • Canada 60 – MT is bull normal. Bearish hammer of resistance, suggests caution or possible sell.
  • Emerging Markets – MT is bear volatile. Wait.
  • Gold – MT is sideways normal. Wait.
  • Gold vs EURO – MT is sideways normal. Wait.
  • Silver – MT is bull normal.  Continue to buy.
  • Silver vs EURO – MT is bull normal.  Continue to buy.
  • Copper – MT is sideways normal. Wait.
  • Iron Ore – MT is sideways volatile. Wait.
  • Platinum – MT is bull normal. Continue to buy (just).
  • Palladium – MT is sideways normal. Wait.
  • Bitcoin – MT is bull normal. Continue to buy.
  • Brent Oil – MT is bull normal. Continue to buy.
  • WTI Oil – MT is bull normal. Bearish hammer off support and key $50 level suggests contrarian sell.
  • Natural Gas – MT is bull normal. Bearish hammer off support suggests contrarian sell.
  • Corn – MT is bull normal. Continue to buy.
  • Sugar – MT is bull normal. Continue to buy.
  • Soy Bean – MT is bull fast. Continue to buy.
  • Wheat – MT is sideways normal. Bearish hammer means breakout has failed. Wait.
  • Cocoa – MT is sideways volatile. Wait.
  • US T-Bond – MT is sideways normal. Wait.
  • Euro Bund – MT is sideways normal. Wait.
  • UK GILTS – MT is sideways volatile. Wait.
  • Junk bonds – MT is sideways volatile. Bearish hammer suggests good risk/reward sell in this MT.
  • GBPUSD –  MT is sideways normal. Wait.
  • USDJPY – MT is bear normal. Continue short.
  • AUDUSD – MT is sideways volatile. Wait.
  • EURUSD – MT is sideways normal. Wait.
  • NZDUSD – MT is sideways normal. Wait.
  • USDCHF – MT is sideways volatile. Wait.
  • USDCAD – MT is sideways volatile. Wait or short.
  • EURGBP –  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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