The Mars Market Update — Live Research

Last week, equities rallied strongly to new ATH's on hope for a resolution to the Iran conflict. The Straight of Hormuz remains closed and the risk of escalation remains - the pressure is on Trump to quickly resolve this conflict. The rally to new ATH's appears...

Last week, equities extended higher as expected but the rally is only in 3 waves so far with hopes raised for a negotiated resolution to the Iran conflict. Bears need to immediately reverse last week's rally back through overlap support to help confirm a more bearish...

Last week, equities rebounded from last line support before accelerating lower in a waterfall decline (as warned). "The longer this Iran conflict remains unresolved, the greater the risk of stagflationary headwinds of higher rates and energy prices." The break of...

Last week, equities continued to stair-step lower to break 200 day sma support as the Iran conflict escalated. The SPX and Nasdaq is now testing the last line of defence for the bulls (November lows). The risk is a continued waterfall decline on a break of support...

Last week, equities rebounded strongly from 200 day sma support but faded for the rest of the week as the Iran conflict escalated (Trump TACO and mixed messages). The major US equity indices remain above key support but risks are growing as the headwinds of higher...

Last week, equity markets stair stepped lower as ES tested our 6720 support before rebounding correctively. Over the weekend, the Iran conflict escalated with Crude Oil surging higher prompting a gap down in the ES. Equity markets are now testing secondary support at...

Last week, equity markets extended lower as expected but remain range bound from a big picture perspective. Despite the AI blow-off, Software sell-off, Tariff uncertainty and Iran War, equities remain range bound above 200 day sma support. No damage has been done to...

Last week, equity markets rebounded in what appears to be a counter-trend rally with continued downside risk. We do not have a clearly tradable structure as bulls and bears fight it out and the range bound churn continues. While there are enough waves in place to...

Last week, equity markets failed to extend higher despite the economic tailwinds of stronger employment, softening inflation and lower rates. While there are enough waves in place to complete the 5 wave rally, there is no confirmation of a bearish change in trend...