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 bear normal. Go short.
- US S&P 500 – MT is bear normal. Go short.
- US Nasdaq – MT is bear normal. Go short.
- US Russell 2000 – MT is bear normal. Go short.
- UK 100 – MT is bear normal. Go short.
- Europe 50 – MT is bear normal. Go short.
- Germany 30 – MT is bear fast. Go short.
- France 40 – MT is bear normal. Go short.
- Italy 40 – MT is bear normal. Go short.
- Spain 35 – MT is bear fast. Go short.
- Swiss 30 – MT is bear normal. Go short.
- Netherlands 25 – MT is bear normal. Go short.
- Japan 225 – MT is bear normal. Go short.
- Hong Kong 33 – MT is bear fast. Go short.
- Singapore 30 – MT is bear fast. Go short.
- Australia 200 – MT is bear normal. Go short.
- Gold – MT is bear normal. Wait for now.
- Gold vs EURO – MT is bear normal. Continue short.
- Silver – MT is bear normal. Go short.
- Silver vs EURO – MT is bear normal. Continue short.
- Copper – MT is bear normal. Continue short. Be cautious of the bullish engulfing week.
- Platinum – MT is bear normal. Continue short.
- Palladium – MT is bear volatile. Short with caution. Be cautious of the bullish engulfing week.
- Bitcoin – MT is sideways normal. Wait
- Brent Oil – MT is bear volatile. Go short with caution
- WTI Oil – MT is bear volatile. Go short with caution
- Natural Gas – MT is bear normal. Go short.
- US 30 year Bonds – MT is bull volatile. Buy with caution
- US 10 year Bonds – MT is sideways volatile. Wait
- German 10 year Bonds – MT is sideways volatile. Wait
- UK 10 year Bonds – MT is sideways volatile. Wait for now.
- Corn – MT is sideways volatile. Wait.
- Sugar – MT is bear normal. Continue short but be wary of the long side. Looks like we will turn sideways now.
- Soy Bean – MT is bear normal. Go short.
- Wheat – MT is sideways volatile. Near the bottom of the range look to buy.
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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