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 sideways volatile. Wait.
- US S&P 500 – MT is sideways volatile. Wait or short.
- US Nasdaq – MT is sideways volatile. Wait or short.
- US Russell 2000 – MT is sideways volatile. Wait, or short.
- UK 100 – MT is sideways normal. Wait.
- Europe 50 – MT is sideways normal. Wait.
- Germany 30 – MT is sideways normal. Wait.
- France 40 – MT is sideways volatile. Wait.
- Italy 40 – MT is sideways normal. Wait or possibly buy based on weekly hammer off support.
- Spain 35 – MT is sideways normal. Wait.
- 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 sideways normal. Wait.
- China Class A Shares – MT is sideways normal. Wait
- India – MT is sideways normal. Sell, based on bearish hammer near top of the range.
- Singapore 30 – MT is sideways volatile. Wait.
- Australia 200 – MT is sideways normal. Wait or short.
- New Zealand 50 – MT is bull normal. Take some profit here.
- Canada 60 – MT is bull normal. Bearish hammer of resistance, suggests caution or possible sell.
- Emerging Markets – MT is bear volatile. Wait.
- Gold – MT is sideways normal. Wait.
- Gold vs EURO – MT is sideways normal. Wait.
- Silver – MT is bull normal. Continue to buy.
- Silver vs EURO – MT is bull normal. Continue to buy, but wary of hammer so take some profit if long.
- Copper – MT is sideways normal. Wait.
- Iron Ore – MT is sideways volatile. Wait.
- Platinum – MT is sideways normal. Wait.
- Palladium – MT is sideways normal. Wait.
- Bitcoin – MT is bull normal. Continue to buy.
- Brent Oil – MT is bull normal. Continue to buy.
- WTI Oil – MT is bull normal. Contrarian sell with caution.
- Natural Gas – MT is bull normal. Bearish hammer off support suggests contrarian sell.
- Corn – MT is bull normal. Continue to buy.
- Sugar – MT is bull normal. Continue to buy.
- Soy Bean – MT is bull fast. Continue to buy.
- Wheat – MT is sideways normal. Wait.
- Cocoa – MT is sideways volatile. Wait.
- US T-Bond – MT is sideways normal. Sell after bearish hammer at top of range.
- Euro Bund – MT is sideways normal. Wait.
- UK GILTS – MT is sideways volatile. Wait.
- Junk bonds – MT is sideways volatile. Continue to sell.
- GBPUSD – MT is sideways normal. Wait.
- USDJPY – MT is bear normal. Continue to sell.
- AUDUSD – MT is sideways volatile. Wait.
- EURUSD – MT is sideways normal. Wait.
- NZDUSD – MT is sideways normal. Wait.
- USDCHF – MT is sideways volatile. Wait.
- USDCAD – MT is sideways volatile. Wait or short.
- EURGBP – 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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