Stock Index Weekly Market Type Analysis

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. Just bear normal, look short but be careful of a reversal.
  • US S&P 500 – MT is sideways normal. Wait for now
  • US Nasdaq – MT is bull normal. Breakout just holding above the top of the range… but trade with caution.
  • US Russell 2000 – MT is bear normal. Just bear normal, look short but be careful of a reversal.
  • UK 100 – MT is sideways volatile.  Wait.
  • Europe  50 – MT is sideways volatile. Wait.
  • Germany 30 – MT is sideways volatile. Wait.
  • France 40 – MT is sideways volatile. Wait.
  • Italy 40 – MT is sideways normal. Wait.
  • Spain 35 – MT is sideways normal. Wait.
  • Swiss 20 –  MT is sideways normal. Wait.
  • Netherlands 25 – MT is sideways normal. Wait.
  • Japan 225 – MT is sideways normal. Wait.
  • Hong Kong 33 – MT is sideways volatile. Wait.
  • Singapore 30 – MT is bear normal. Continue short.
  • Australia 200 – MT is sideways volatile. Wait.
  • Gold – MT is bear normal. Continue short.
  • Gold vs EURO – MT is bear normal. Continue short.
  • Silver – MT is turning sideways. wait.
  • Silver vs EURO – MT is bear normal. Continue short.
  • Copper – MT is bear normal. Continue short.
  • Brent Oil – MT is bear normal. Continue short
  • WTI Oil – MT is bear normal. Continue short.
  • US 30 year Bonds – MT is sideways volatile. Wait.
  • US 10 year Bonds – MT is sideways volatile. Wait
  • German 10 year Bonds – MT is sideways volatile. Wait
  • UK 10 year Bonds – MT is bear normal. Look to sell.
  • Corn – MT is sideways volatile. Wait.
  • Natural Gas – MT is sideways normal. Wait.
  • Sugar – MT is bear normal. Go short.
  • Soy Bean – MT is Sideways normal. Wait
  • Wheat – 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.

The post Stock Index Weekly Market Type Analysis 9 August 2015 appeared first on www.forextell.com.

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