Stock Index Weekly Market Type Analysis 18 April 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)

  • US Dow Jones – MT is sideways volatile. Bull phase of sideways volatile coming to a close. Wait for now.
  • US S&P 500 – MT is sideways volatile. Bull phase of sideways volatile coming to a close. Wait for now.
  • US Nasdaq – MT is sideways volatile. Bull phase of sideways volatile coming to a close. Wait for now.
  • US Russell 2000 – MT is bear volatile. Wait.
  • UK 100 – MT is sideways normal. Wait.
  • Europe 50 – MT is bear normal. Continue short, but with caution as we could be turning sideways.
  • Germany 30 – MT is sideways volatile. Wait.
  • France 40 – MT is bear volatile. Wait.
  • Italy 40 – MT is bear normal. Continue short, but with caution as we could be turning sideways.
  • Spain 35 – MT is bear volatile. Continue short, but with caution as we could be turning sideways.
  • Swiss 30 –  MT is bear normal. Continue short, but bullish engulfing week suggests caution.
  • Netherlands 25 –  MT is sideways volatile. Wait.
  • Japan 225 – MT is bear normal. Continue short, but with caution as we could be turning sideways.
  • Hong Kong 33 – MT is bear volatile. Wait.
  • China Class A Shares – MT is bear normal. Continue short, but with caution as we could be turning sideways.
  • Singapore 30 – MT is bear volatile. Wait.
  • Australia 200 – MT is sideways normal. Wait.
  • New Zealand 50 – MT is bull fast. Continue to buy but careful of a sudden reversal in this market type.
  • Canada 60 – MT is sideways volatile. Wait.
  • Emerging Markets – MT is bear volatile. Wait.
  • Gold – MT is bull normal. Continue to buy.
  • Gold vs EURO – MT is bull normal. But still low conviction based off bearish price action.
  • Silver – MT is bull normal.  Breaking out into a bull MT look to buy.
  • Silver vs EURO – MT is bull normal.  Breaking out into a bull MT look to buy.
  • Copper – MT is sideways normal. Wait or short.
  • Iron Ore – MT is sideways normal. Wait.
  • Platinum – MT is sideways normal.  Wait.
  • Palladium – MT is sideways normal. Wait.
  • Bitcoin – MT is sideways quiet. Wait.
  • Brent Oil – MT is sideways normal.  Wait now.
  • WTI Oil – MT is sideways normal.  Wait now.
  • Natural Gas – MT is sideways normal.  Wait.
  • Corn – MT is bull normal. Breaking out of sideways quiet, look to buy with a scale-in approach.
  • Sugar – MT is sideways volatile.  Bearish hammer after busted breakout suggests sell, continue short.
  • Soy Bean – MT is bull normal. Continue to scale-in.
  • Wheat – MT is sideways normal. Wait.
  • Cocoa – MT is bear volatile.  Continue short.
  • US T-Bond – MT is bull normal. Continue to buy.
  • Euro Bund – MT is bull normal. Look to buy.
  • UK GILTS – MT is sideways volatile. Wait.
  • Junk bonds – MT is bear 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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