Stock Index Weekly Market Type Analysis 28 March 16

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. Continue to hold longs.
  • US S&P 500 – MT is sideways volatile. Continue long.
  • US Nasdaq – MT is sideways volatile. Continue long, but a little doji suggests caution.
  • US Russell 2000 – MT is bear volatile. Wait.
  • UK 100 – MT is sideways normal. Wait.
  • Europe 50 – MT is bear normal. Continue short.
  • Germany 30 – MT is sideways volatile. Wait, weekly candles are suggesting some unconfirmed topping action.
  • France 40 – MT is bear volatile. Wait, but shorts preferred.
  • Italy 40 – MT is bear volatile. Wait, but shorts preferred.
  • Spain 35 – MT is bear volatile. Bearish engulfing in this MT suggests short.
  • Swiss 30 –  MT is bear normal. Continue short
  • Netherlands 25 –  MT is bear volatile. Wait.
  • Japan 225 – MT is bear normal. Look short.
  • Hong Kong 33 – MT is bear volatile. Bearish engulfing suggests short.
  • China Class A Shares – MT is bear normal. Continue short, but wary of base forming.
  • Singapore 30 – MT is bear volatile. Bearish engulfing suggests shorts ok.
  • Australia 200 – MT is sideways normal. Wait.
  • New Zealand 50 – MT is bull fast. Continue to buy but careful of a blow-off top forming.
  • Canada 60 – MT is bear volatile. Wait.
  • Emerging Markets – MT is bear volatile. Wait.
  • Gold – MT is bull normal. Continue to buy, but careful of bearish engulfing week.
  • Gold vs EURO – MT is bull normal. But, low conviction based off some bearish price action.
  • Silver – MT is sideways normal.  Bearish engulfing forming a double top so sell.
  • Silver vs EURO – MT is sideways normal. As above sell.
  • Copper – MT is sideways normal. Wait.
  • Iron Ore – MT is bull normal. Buy but with caution.
  • Platinum – MT is sideways normal.  Bearish engulfing suggests sell.
  • Palladium – MT is sideways normal. Bearish engulfing suggests sell.
  • Bitcoin – MT is sideways quiet. Wait.
  • Brent Oil – MT is sideways normal.  Wait.
  • WTI Oil – MT is sideways normal.  Doji suggests a possible sell.
  • Natural Gas – MT is sideways normal.  Wait.
  • Corn – MT is sideways quiet. Wait,
  • Sugar – MT is sideways volatile.  Bearish hammer after busted breakout suggests sell.
  • Soy Bean – MT is sideways quiet. Breaking out into bull, buy with a scale-in approach.
  • Wheat – MT is sideways normal. Wait.
  • Cocoa – MT is bear volatile.  Big bearish engulfing suggests sell.
  • US T-Bond – MT is sideways volatile. Continue to sell.
  • Euro Bund – MT is bull volatile after double top. Wait.
  • UK GILTS – MT is sideways volatile. Bearish engulfing off top of the range suggests sell.
  • Junk bonds – MT is bear 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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