The Mars Market Update — Live Research

Equity markets remain in big picture bear markets but traded sidways to up last week for what is likely to be a wave (ii) or 2 corrective rally. It continues to be a question of degree but let's not lose sight of the big picture. Only the Nasdaq has broken out of its...

... time for the bulls to make a stand. Equity markets reversed lower from resistance early last week confirming another corrective rally. The near term risk is a hard test of recent swing lows led by the Nasdaq indices. Bulls need to make a stand and break up and out...

Global equities rebounded last week after holding near term wave (v) or 5 support. The big picture market structure remains bearish as our expectation is that January's ATH completed the supercycle rally from the 2009 lows. Minimum targets for this bear market decline...

The bear market trend was finally confirmed last week with 5 waves down from recent supercycle ATH's. This latest decline confirms our view that the bigger picture market trend is now bearish. Global CB's have reversed course and started tightening aggressively to...

Global equities reversed sharply lower last week after failing at overhead resistance. Most major indices are now retesting major swing lows and threatening to break down in wave 5 or a more bearish red wave (iii) of 3 (more akin to a crash). ANY new swing low...

Last week, equities extended gains before fading later in the week in what we expect to be part of a corrective rally within a larger degree bear market. Despite only 3 waves down of equality from ATH's, we are leaning towards the idea that the big picture bull market...

Last week, equities rebounded strongly after holding key near term support and breaking through bearish trend channels. The Russell 2000 provided the "tell" last week as we looked for "at least a counter-trend rally" after hammering out a tradable low. Prima facie,...

Last week, equities remained under pressure with a hard test of equality targets across the board followed by a last gasp attempt to hammer out a low on Friday. While there is no confirmation of a tradable low, the Russell 2000 may be warning of a near term bullish...

Last week, equities continued their decline into equality targets as expected before rebounding late in the week. So far, we have 3 waves down of equality within corrective trend channels (bears haven't proven anything yet). With minimum downside targets met, this is...

Last week, equities extended lower in what is likely to be a larger degree wave C or 3 impulsive decline. Despite markets being oversold, there is an immediate risk of an accelerated wave (iii) of 3 decline on a clear break of last week's lows. Markets are beginning...