The Mars Market Update — Live Research

Last week, equities extended higher as expected following the Fed's 50bp cut with the SPX and DJIA impulsing to new ATH's. This latest rally is clearly impulsive but the question remains whether it is an ending wave (c) of B rally as part of a larger degree corrective...

Last week, equities rallied strongly following a corrective decline as the SPX and DJIA pushed back towards new ATH's. While we had been looking for a deeper correction within the bull market trend, the strength of the rally opens the door to an immediate wave 3 rally...

Last week, the equity market rally failed to extend higher in 5 waves and instead reversed sharply lower breaking near term support. Given the corrective nature of the decline from ATH's, we continue to see this decline as part of a larger degree wave (4) correction....

The equity bull market remains intact as the series of impulsive rallies and corrective declines continues. Last week's decline in the benchmark SPX / ES into 50 day sma support appears corrective as we look for an extension higher in wave (v) of 5 to new ATH's. There...

Last week, equities broke through overlap resistance and rallied strongly to help confirm a corrective decline and ongoing bull market trend. The market leading SPX and Nasdaq have rallied in an extended 3 waves up so far and need to continue higher in 5 waves to help...

Last week, equities declined sharply into measured support before rebounding throughout the week. The decline from ATH's is only in a corrective 3 waves so far and needs to extend immediately lower in 5 waves down to help confirm a bigger picture bearish change in...

Last week, equities broke support and flushed sharply lower in what is expected to be a wave (c) or (iii) decline. The broad based decline and risk-off environment saw the Nasdaq, NYFANG and SPX continue to decline impulsively through equality support. The Russell...

Last week, equity markets extended lower as expected but inter-market divergence continued. The Nasdaq and semiconductors led the decline with an impulsive 5 waves down while the broader indices (SPX / DJIA / RSP) only declined in a corrective 3 waves down so far....

Last week, equities reversed sharply lower after pushing to marginal new ATH's in a warning sign that the primary bull market trend may be exhausting. While the initial equity market decline appears impulsive, it would look best with a small degree 5th wave extension...

Last week, equities extended higher but the laggards took the lead as the Russell 2000 broke out from its triangle consolidation and the DJIA pushed to new ATH's. The leaders (SPX and Nasdaq) pushed marginally higher but their impulsive rallies appear extended and...