The Mars Market Update — Live Research

Last week, global equities extended their declines to new cycle lows despite interventions by the Central Banks of Japan, China and England. The Fed's strong hawkish signalling reaffirms the bearish outlook for global risk. The Fed won't stop until long rates stop...

Markets remain in a big picture bear market. Equities extended lower last week to tag our initial downside targets with a hard test of the June lows. It's make or break time. The US$ broke to new cycle highs across the board with the Euro and Pound breaking to new...

Last week, equities turned lower from highlighted fib resistance following the hotter than expected CPI report. It all comes back to the Fed - as CPI remains elevated, the Fed will keep raising rates to constrain the long end of the curve in a highly indebted world....

Equity markets rebounded strongly late last week as expected after completing what appears to be an impulsive decline for wave (i) or (a) down. Bears need to make a stand this week to reverse last week's gains and press for a sharp decline in wave (iii) or (c) down....

Last week, equity markets confirmed our bearish outlook with what appears to be an impulsive decline from recent swing highs. We correctly identified the previous rally as an (a)-(b)-(c) correction within an ongoing bear market. Risk remains to the downside as...

Global Central Banks have been very clear - their primary focus is to reign in inflation by raising rates and signal future rate expectations. Powell has set the scene for restrictive monetary policy in a 180 degree turn from the last 20 years. Tightening financial...

Last week, the SPX / ES tagged our upside targets in the 200 day sma and 61.8% fib retracement area as per our last update. There are enough waves in place to complete (v) of an extended wave (c) from where bears need to make a stand. The SPX / ES tagged the 200 day...

NB: Unfortunately, I will be taking leave for the next two weeks as I undergo a hip operation. Apologies in advance for the inconvenience but I'll be back on deck as soon as practical. Equities broke unexpectedly higher last week to invalidate our near term bear...

Equities rallied last week for what we expect to be wave (c) of a corrective advance. There are enough waves in place to complete this near term counter-trend rally and the onus is on the bears to make a stand here. The question is whether this rally completed all of...

Last week, equity markets confirmed our outlook for a corrective rally within a bigger picture downtrend. Equities declined into anticipated wave (b) support before rebounding sharply late in the week for what we expect to be wave (c) higher - It's just a matter of...