Stock Index Weekly Market Type Analysis 20 September 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 bear normal.  Go short. Bearish weekly candle signals rejection of the upside.
  • US S&P 500 – MT is bear normal. Go short. Bearish weekly candle signals rejection of the upside.
  • US Nasdaq – MT is bear normal. Go short. Bearish weekly candle signals rejection of the upside.
  • US Russell 2000 – MT is bear normal. Go short. Bearish weekly candle signals rejection of the upside.
  • UK 100 – MT is bear normal. Go short.
  • Europe  50 – MT is bear normal. Go short.
  • Germany 30 – MT is bear fast. Go short. Bearish engulfing candle signals downside momentum is strong.
  • France 40 – MT is bear normal. Go short.
  • Italy 40 – MT is bear normal. Go short.
  • Spain 35 – MT is bear normal. 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 normal. Go short.
  • Singapore 30 – MT is bear normal. Go short.
  • Australia 200 – MT is bear normal. Go short.
  • Gold – MT is bear normal. Wait for now, as turning sideways.
  • Gold vs EURO – MT is bear normal. But bullish engulfing off support signals caution.
  • Silver – MT is bear normal. Go short, but watch for a shift to a sideways MT.
  • Silver vs EURO – MT is bear normal. But bullish engulfing signals caution.
  • Copper – MT is bear normal. Continue short. Daily bearish engulfing with minor double-top signals resumption of downtrend.
  • Platinum – MT is bear normal. Continue short.
  • Palladium – MT is bear volatile. Short with caution.
  • Bitcoin – MT is sideways normal. Wait
  • Brent Oil – MT is bear volatile. Go short.
  • WTI Oil – MT is bear volatile. Go short.
  • Natural Gas – MT is bear normal. Go short.
  • US 30 year Bonds – MT is bull normal. Go long.
  • 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.
  • Corn – MT is sideways volatile. Wait.
  • Sugar – MT is bear normal. Bearish piercing candlestick pattern signals continuation of short trade.
  • 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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