Stock Index Weekly Market Type Analysis 17 Jan 16

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, but look for a breakout lower.
  • US S&P 500 – MT is bear normal . Look to sell.
  • US Nasdaq – MT is sideways volatile. Continue to sell. Approaching a key support level.
  • US Russell 2000 – MT is bear normal. Continue to sell.
  • UK 100 – MT is bear normal. Look to sell
  • Europe 50 – MT is bear normal. Continue to sell.
  • Germany 30 – MT is sideways volatile. Wait for now.
  • France 40 – MT is bear normal. Continue to sell.
  • Italy 40 – MT is bear normal. Continue to sell.
  • Spain 35 – MT is bear normal. Continue to sell.
  • Swiss 30 –  MT is bear normal. Continue to sell.
  • Netherlands 25 –  MT is bear normal. Continue to sell.
  • Japan 225 – MT is bear normal. Breaking out into bear. Look to sell.
  • Hong Kong 33 – MT is bear normal. Continue to sell.
  • China Class A Shares – MT is bear normal. Breaking out into bear. Look to sell.
  • Singapore 30 – MT is fast bear. Look to sell.
  • Australia 200 – MT is bear normal. Continue to sell
  • New Zealand 50 – MT is bull normal. Continue to buy, but be wary of a sell-off on Monday.
  • Canada 60 – MT is bear normal. Continue to sell.
  • Emerging Markets – MT is bear normal. Continue to sell.
  • Gold – MT is bear normal. continue short.
  • Gold vs EURO – MT is sideways  normal. Continue to buy.
  • Silver – MT is sideways normal.  Wait.
  • Silver vs EURO – MT is sideways normal. Wait.
  • 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 bear normal. Continue short, but weary of a weekly bullish hammer.
  • Bitcoin – MT is bull normal. Continue to buy.
  • Brent Oil – MT is bear normal. Continue to sell.
  • WTI Oil – MT is bear normal. Continue to sell.
  • Natural Gas – MT is bear normal. Take profits after bullish engulfing formed in fast bear MT.
  • Corn – MT is sideways quiet. Breakout is now busted. Look to buy.
  • Sugar – MT is bull normal. Buy.
  • Soy Bean – MT is sideways quiet. Wait.
  • Wheat – MT is sideways normal. Buy signal off the bottom of the range. Look to buy.
  • Cocoa – MT is bear normal.  Look to sell.
  • US T-Bond – MT is sideways normal. Wait for now.
  • Euro Bund – MT is bull normal. Continue to buy.
  • UK GILTS – MT is sideways volatile. Wait.
  • Junk bonds – MT is bear fast. Continue short.

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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