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 fast. Continue short, keep stops tight.
- US S&P 500 – MT is bear fast. Look short. Significant break-out lower but be wary of buyers stepping back in as they have done on each sharp sell-off in recent times.
- US Nasdaq – MT is bear fast. Also a significant break-out lower.
- US Russell 2000 – MT is bear fast. Continue short, keep stops tight.
- UK 100 – MT is bear fast. Look short, keep stops tight.
- Europe 50 – MT is bear fast. Look short, keep stops tight.
- Germany 30 – MT is bear fast. Look short, keep stops tight.
- France 40 – MT is bear fast. Look short, keep stops tight.
- Italy 40 – MT is bear fast. Look short, keep stops tight.
- Spain 35 – MT is bear fast. Look short, keep stops tight.
- Swiss 20 – MT is bear fast. Look short, keep stops tight.
- Netherlands 25 – MT is bear fast. Look short, keep stops tight.
- Japan 225 – MT is bear fast. Look short, keep stops tight.
- Hong Kong 33 – MT is sideways volatile. Wait.
- Singapore 30 – MT is bear fast. Continue short, take some profits off quickly in this market type.
- Australia 200 – MT is bear fast. Look short, keep stops tight.
- Gold – MT is bear volatile. Wait for now.
- Gold vs EURO – MT is bear normal. Continue short.
- Silver – MT is bear volatile. Wait for now.
- 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 bull fast. Long but keep stops tight.
- 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 volatile. Wait for now.
- 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.
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