Stock Index Weekly Market Type Analysis 25 July 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)

  • Dow Jones – MT is bull normal. Continue to buy.
  • US S&P 500 – MT is bull normal. Continue to buy.
  • US Nasdaq – MT is bull normal. Look to buy.
  • US Russell 2000 – MT is bull normal. Continue to buy.
  • UK 100 – MT is bull fast. Buy but careful of a fast reversal in this MT.
  • Europe 50 – MT is sideways normal. Wait.
  • Germany 30 – MT is sideways normal. Wait or continue to buy off busted breakout.
  • France 40 – MT is sideways normal. Wait.
  • Italy 40 – MT is sideways normal. Wait.
  • Spain 35 – MT is sideways volatile. Wait or continue to buy off busted breakout.
  • Swiss 30 –  MT is sideways normal. Wait.
  • Netherlands 25 –  MT is sideways volatile. Wait.
  • Japan 225 – MT is sideways normal. Wait.
  • Hong Kong 33 – MT is bull normal. Continue to buy.
  • China Class A Shares – MT is sideways normal. Wait
  • India – MT is bull normal. Continue to buy.
  • Singapore 30 – MT is sideways normal. Wait.
  • Australia 200 – MT is bull normal. Look to buy.
  • New Zealand 50 – MT is bull normal.  Continue to buy.
  • Canada 60 – MT is bull normal. Continue to buy.
  • Emerging Markets – MT is bull normal. Continue to buy.
  • Gold – MT is bull normal. Continue to buy.
  • Gold vs EURO – MT is bull normal. Continue to buy.
  • Silver – MT is bull normal. Continue to buy.
  • Silver vs EURO – MT is bull normal. Continue to buy.
  • Copper – MT is sideways normal. Wait.
  • Iron Ore – MT is sideways normal. Wait.
  • Platinum – MT is bull normal. Continue to buy.
  • Palladium – MT is bull normal. Continue to buy.
  • Bitcoin – MT is bull volatile. Wait.
  • Brent Oil – MT is sideways normal. Continue to sell.
  • WTI Oil – MT is sideways normal. Continue to sell.
  • Natural Gas – MT is bull normal. Look to buy.
  • Corn – MT is sideways volatile. Wait.
  • Sugar – MT is bull volatile. Careful of a reversal here.
  • Soy Bean – MT is bull volatile. Wait.
  • Wheat – MT is bear normal. Continue to sell, but careful of the doji and bottoming formation.
  • Cocoa – MT is sideways normal. Wait.
  • US T-Bond – MT is bull volatile. Wait.
  • Euro Bund – MT is bull normal. Buy but careful of the bearish engulfing.
  • UK GILTS – MT is sideways volatile. Wait.
  • Junk bonds – MT is bull normal. Look to buy.
  • GBPUSD –  MT is bear fast. Continue to sell.
  • USDJPY – MT is bear volatile.Wait, likely to turn sideways.
  • AUDUSD – MT is sideways normal. Wait.
  • EURUSD – MT is sideways normal. Wait, but close to breaking out into bear MT.
  • NZDUSD – MT is bull volatile. Wait, or continue with contrarian sell based on double top forming.
  • USDCHF – MT is sideways normal. Wait.
  • USDCAD – MT is sideways normal. Wait.
  • EURGBP –  MT is bull volatile. Wait or careful 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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