Stock Index Weekly Market Type Analysis 4 April 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. 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. Three black crows signals bear trend resuming. Look short.
  • Spain 35 – MT is bear volatile. Continue short.
  • Swiss 30 –  MT is bear normal. Continue short
  • Netherlands 25 –  MT is bear volatile. Wait.
  • Japan 225 – MT is bear normal. Continue 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. Continue short.
  • 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 sideways volatile. Wait.
  • Emerging Markets – MT is bear volatile. Wait.
  • Gold – MT is bull normal. Continue to buy, but careful of topping action.
  • Gold vs EURO – MT is bull normal. But, low conviction based off bearish price action.
  • Silver – MT is sideways normal.  Continue to sell.
  • Silver vs EURO – MT is sideways normal. Continue to sell.
  • Copper – MT is sideways normal. Wait, but shorts OK.
  • Iron Ore – MT is sideways normal. Wait.
  • Platinum – MT is sideways normal.  Continue short.
  • Palladium – MT is sideways normal. Continue short.
  • Bitcoin – MT is sideways quiet. Wait.
  • Brent Oil – MT is sideways normal.  Sell after bearish candles near top of range.
  • WTI Oil – MT is sideways normal.  Sell after bearish candles near top of range.
  • 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, continue short.
  • Soy Bean – MT is Bull normal. Continue to scale-in.
  • Wheat – MT is sideways normal. Wait.
  • Cocoa – MT is bear volatile.  Continue short.
  • US T-Bond – MT is bull normal Look to buy.
  • Euro Bund – MT is bull volatile after double top. Wait.
  • UK GILTS – MT is sideways volatile. Wait.
  • 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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