The Mars Market Update — Live Research

Last week equities turned lower from our sell zone but the decline is not yet clearly impulsive. Bears need to see downside follow through this week and press lower to break near term support to help ensure an impulsive bearish reversal. Trade above last week's highs...

Equities continue to climb the wall of worry since the October lows as markets bet on a less hawkish Fed going into year-end. Buoyed by declining rates and a weaker US$, equity bulls continue to press higher into layered resistance. While there are enough waves in...

Did we get our Thanksgiving Top or is there one more marginal push higher? Equities edged higher as expected but are now approaching critical resistance for the bear case. Bears need to make a stand in this sell zone or risk getting run over. Markets are still...

Equity markets stalled below initial resistance last week as they digested the post-CPI rally. We do not have confirmation of a near term top as the potential remains for a final push higher in wave v of (c) towards secondary targets. We continue to count this rally...

Last week, equities rallied strongly after the weaker than expected CPI report. We had noted that bears needed to press early in the week to confirm an impulsive decline as the Nasdaq indices tested key support - the bears fumbled, key support held and the equity...

Last week, US equities turned sharply lower from resistance but the initial declines are not yet clearly impulsive. The Nasdaq indices in particular only show 3 waves down of equality into support and needs to break lower to help confirm the bigger picture bear case...

Equities ran higher last week as expected and are now entering respective sell zones for a potential wave (ii) top. This week will be a key inflection point for global equity markets - bears need to make a stand and reverse last week's rally or risk a bigger picture...

Our big picture outlook remains unchanged - we are in a global bear market in equities. We continue to see impulsive declines and corrective rallies, lower highs and lower lows - the very definition of a bear market trend. Risks abound as global CB's raise rates and...

Last week saw wild volatility in global asset markets as CPI remained elevated and rates continued to rise across the board. Falling bonds, falling equities and a compressed VIX is likely the combination that causes maximum pain to all investment strategies. The US$...

Last week, global equities rallied strongly before fading badly as bears regained control to test support (again). The Fed remains resolute as it continues to signal higher rates for longer resulting in reduced liquidity and greater uncertainty for risk assets. Global...