Stock Index Weekly Market Type Analysis 18 October 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. Bullish momentum still in play so continue to cautiously buy.
  • US S&P 500 – MT is sideways volatile. Holding above the important 2000 level. Continue to buy.
  • US Nasdaq – MT is sideways volatile. Continue to buy but wary of resistance at 4450
  • US Russell 2000 – MT is sideways volatile. Look to buy in this upwards phase.
  • UK 100 – MT is sideways volatile. Continue with careful longs.
  • Europe 50 – MT is sideways volatile. Continue to buy. The risk/reward here is decent.
  • Germany 30 – MT is sideways volatile. Decent risk/reward here also. Look to buy.
  • France 40 – MT is sideways volatile. Cautious buy.
  • Italy 40 – MT is sideways volatile. Cautious buy.
  • Spain 35 – MT is sideways volatile. Cautious buy.
  • Swiss 30 –  MT is sideways volatile. Cautious buy.
  • Netherlands 25 –  MT is sideways volatile. Cautious buy.
  • Japan 225 – MT is sideways volatile. Continue to buy with caution.
  • Hong Kong 33 – MT is sideways volatile. Cautious buy. Shorter-term quite bullish, and stocks up sharply in China.
  • Singapore 30 – MT is bear normal. But a strong reversal, so wait.
  • Australia 200 – MT is sideways volatile. Cautious buy.
  • Gold – MT is sideways normal. Wait for now.
  • Gold vs EURO – MT is sideways  normal. Wait for now.
  • Silver – MT is sideways normal.  Wait for now.
  • Silver vs EURO – MT is sideways normal. Wait for now.
  • Copper – MT is sideways normal. Wait for now.
  • Platinum – MT is bear normal. Wait for a sell signal.
  • Palladium – MT is sideways volatile. Wait for now.
  • Bitcoin – MT is sideways normal. Wait.
  • Brent Oil – MT is sideways quiet. Wait.
  • WTI Oil – MT is sideways quiet. Wait, though lower time-frames suggest shorts.
  • Natural Gas – MT is sideways normal. Minor double bottom in place suggests caution.
  • Corn – MT is sideways volatile. Wait.
  • Sugar – MT is bull normal. Look to buy.
  • Soy Bean – MT is sideways  normal. Wait.
  • Wheat – MT is sideways volatile. Bearish hammer followed by engulfing suggests caution.
  • US T-Bond – MT is sideways volatile. Wait.
  • US T-note – MT is sideways volatile. Wait.
  • Euro Bund – MT is bull normal. Look to buy.
  • UK GILTS – 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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