Stock Index Weekly Market Type Analysis 3 Jan 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)

  • US Dow Jones – MT is sideways volatile. Wait for now.
  • US S&P 500 – MT is sideways volatile. Wait for now.
  • US Nasdaq – MT is sideways volatile. Look to sell with a double top in place.
  • US Russell 2000 – MT is sideways normal. Wait for now.
  • UK 100 – MT is sideways normal. Wait for now.
  • Europe 50 – MT is sideways normal. Wait for now.
  • Germany 30 – MT is sideways normal. Wait for now.
  • France 40 – MT is sideways normal. Wait for now.
  • Italy 40 – MT is sideways normal. Wait for now.
  • Spain 35 – MT is sideways normal. Wait for now.
  • Swiss 30 –  MT is sideways normal. Wait for now.
  • Netherlands 25 –  MT is sideways normal. Wait for now.
  • Japan 225 – MT is sideways normal. Wait for now.
  • Hong Kong 33 – MT is sideways normal. Wait for now.
  • China Class A Shares – MT is sideways normal. Bearish engulfing off the top of the range. Look to sell.
  • Singapore 30 – MT is sideways normal. Wait for now.
  • Australia 200 – MT is sideways normal. Wait for now.
  • New Zealand 50 – MT is bull normal. Continue to buy,
  • Canada 60 – MT is bear normal. Look to sell.
  • Emerging Markets – MT is bear normal. Look to sell.
  • Gold – MT is bear normal. continue short.
  • Gold vs EURO – MT is sideways  normal. Bullish hammer. Look to buy.
  • Silver – MT is sideways normal.  Wait.
  • Silver vs EURO – MT is sideways normal. Wait.
  • Copper – MT is bear normal. Continue short.
  • Iron Ore – MT is bear normal. Continue short.
  • Platinum – MT is bear normal. Continue short.
  • Palladium – MT is sideways volatile. Continue long off the bottom of the range.
  • Bitcoin – MT is bull normal. Continue to buy.
  • Brent Oil – MT is bear normal. Continue to sell.
  • WTI Oil – MT is bear normal. Continue to sell.
  • Natural Gas – MT is bear normal. Take profits after bullish engulfing formed in fast bear MT.
  • Corn – MT is sideways quiet. Sell breakout lower, good risk/reward opportunity.
  • Sugar – MT is bull normal. Buy.
  • Soy Bean – MT is sideways quiet. Wait.
  • Wheat – MT is sideways normal. Wait for now.
  • US T-Bond – MT is sideways normal. Wait for now.
  • Euro Bund – MT is bull normal. Look to buy.
  • UK GILTS – MT is sideways volatile. Wait.
  • Junk bonds – MT is bear volatile. Continue short.

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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