Stock Index and Commodity Big Picture Market Type Analysis 4 September 2017

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. Continue to buy.
  • US Russell 2000 – MT is sideways normal. Wait.
  • UK 100 – MT is sideways normal. Wait.
  • Europe 50 – MT is sideways normal. Wait or buy.
  • Germany 30 – MT is sideways normal. Wait.
  • France 40 – MT is sideways normal. Wait.
  • Italy 40 – MT is bull normal. Continue to buy.
  • Spain 35 – MT is sideways normal. Wait or buy.
  • Swiss 30 –  MT is sideways normal. Look to buy.
  • Netherlands 25 –  MT is bull normal. Continue to buy.
  • Japan 225 – MT is sideways normal. Wait.
  • Hong Kong 33 – MT is bull normal. Continue to buy.
  • China Class A Shares – MT is bull normal. Continue to buy.
  • India – MT is bull normal. Continue to buy.
  • Singapore 30 – MT is bull normal. Continue to buy.
  • Australia 200 – MT is sideways normal. Wait.
  • New Zealand 50 – MT is bull normal. Continue to buy.
  • Canada 60 – MT is bear normal. Continue to sell, but careful of a reversal here.
  • Emerging Markets – MT is bull normal. Continue to buy.
  • Russia –  MT is bull normal. Look to buy.
  • Gold – MT is bull normal. Look to buy.
  • Gold vs EURO – MT is sideways volatile. Wait.
  • Gold vs AUD – MT is sideways volatile. Continue to buy.
  • Silver – MT is sideways normal. Wait.
  • Silver vs EURO – MT is bear volatile. Wait.
  • Gold miners – MT is bull normal. Look to buy.
  • Copper – MT is bull normal. Continue to buy.
  • Iron Ore – MT is bull normal. Look to buy.
  • Platinum – MT is bull normal. Continue to buy.
  • Palladium – MT is bull normal. Continue to buy.
  • Bitcoin – MT is bull extreme. Wait.
  • Brent Oil – MT is sideways normal. Wait.
  • WTI Oil – MT is sideways normal. Wait.
  • Natural Gas – MT is is sideways normal. Wait.
  • Corn – MT is bear normal. Continue to sell, but careful of a reversal here.
  • Sugar – MT is bear normal. Continue to sell.
  • Soy Bean – MT is sideways normal. Wait.
  • Soy Bean Oil – MT is bull normal. Look to buy.
  • Wheat – MT is sideways volatile. Wait.
  • Cocoa – MT is sideways quiet. Wait.
  • Coffee – MT is sideways normal. Wait.
  • Lumbar – MT is sideways volatile. Wait.
  • US T-Bond – MT is sideways normal. Wait or sell with the formation of a bearish hammer off the top of the range.
  • US T-Notes – MT is sideways normal. Wait or sell with the formation of a bearish hammer off the top of the range.
  • Euro Bund – MT is sideways normal. Wait or sell with the formation of a bearish hammer off the top of the range.
  • UK GILTS – MT is sideways normal. Wait.
  • Junk bonds – MT is sideways quiet. Wait.
  • Emerging market bonds – MT is bull normal. Look to buy.
  • Dollar Index – MT is bear normal. Continue to sell, but watch-out for a reversal.
  • GBPUSD –  MT is sideways normal. Wait.
  • USDJPY – MT is sideways normal. Wait or buy.
  • AUDUSD – MT is bull normal. Continue to buy.
  • EURUSD – MT is bull normal. Continue to buy, but careful of the bearish hammer off the key 1.20 level.
  • NZDUSD – MT is bull volatile. Bearish engulfing off resistance, suggests contrarian sell. Continue to sell.
  • USDCHF – MT is bear normal. Wait, bottoming off major support.
  • USDCAD – MT is bear normal. Continue to sell.
  • EURGBP –  MT is bull normal. Wait, potential reversal here off major resistance.
  • EURCHF  MT is bull normal. Continue to buy.
  • AUDJPY  MT is sideways normal. Wait.
  • NZDJPY  MT is sideways volatile. Continue to sell.
  • GBPJPY  MT is sideways normal. Wait.
  • EURJPY – MT is bull normal. Bullish engulfing candle. Continue to buy.
  • CADJPY  MT is bull normal. Look to buy.
  • CHFJPY – MT is sideways normal. Wait.
  • GBPNZD  MT is sideways normal. Wait.
  • EURNZD  MT is bull normal. Continue to buy.
  • AUDNZD  MT is bull normal. Look to buy.
  • EURAUD – MT is bull normal. Continue to buy.
  • GBPAUD  MT is sideways normal. Wait.
  • AUDCAD  MT is bear normal. Continue to sell.
  • GBPCAD  MT is sideways volatile. Wait.
  • EURCAD  MT is sideways volatile. Wait.
  • NZDCAD  MT is bear normal. Continue to sell.
  • GBPCHF  MT is sideways normal. Wait.
  • CADCHF – MT is bull normal. Look to buy.
  • NZDCHF  MT is sideways volatile. Wait.
  • AUDCHF  – MT is sideways volatile. Wait.
  • USDNOK – MT is bear normal. Continue to sell.
  • USDDKK – MT is bear normal. Continue to sell.
  • USDHKD – MT is bull normal. Continue to buy.
  • USDSEK – MT is bear normal. Continue to sell.
  • USDMXN – MT is bear normal. Continue to sell.
  • USDPLN – MT is bear normal. Continue to sell.
  • USDTRY – MT is bear normal. Look to sell.
  • USDCNY – MT is bear normal. Continue to sell.
  • USDINR– MT is sideways normal. Wait.
  • USDZAR – MT is sideways normal. Wait.
  • USDSGD – MT is bear normal. Continue to sell.
  • AAPL – MT is bull normal. Look to buy.
  • GOOG – MT is sideways normal. Wait or buy.
  • MSFT– MT is bull normal. Continue to buy.
  • BRK – MT is bull normal. Continue to buy.
  • FB – MT is bull normal. Continue to buy.
  • AMZN – MT is sideways normal. Wait or buy.
  • DIS – MT is bear normal. Continue to sell.
  • V – MT is bull normal. Continue to buy.
  • BAC – MT is sideways normal. Wait.

Note: The analysis in this report is big picture, based on weekly charts and market types may differ on shorter time frames.

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.

General Advice Warning and Disclaimer: The ideas and information contained in this blog post are for general information only. They do not take into consideration your personal circumstances or objectives. Please considering if these ideas are appropriate for your needs before taking any action. We suggest you seek advice from a financial professional if necessary.

In addition please note that past performance is not always a reliable indicator of future results.

About the Author

Sam Eder

Sam Eder is the founder of the market beating SpoonFed Investor stock investing service. He is also the author of several books and courses.