Mars Capital Partners

Bulls Last Stand #SPX / #ES_F testing key 200-day SMA and trend channel support. Bulls need to make a stand here, as the bull case is invalidated below 7000 overlap support. #Nasdaq / #NDX has broken key 200-day SMA support and flushed lower. Bulls need to make a stand here, as the bull case is invalidated below 26000 overlap support. #TLT impulsive bond rally setting up a potential bullish change in trend. #CrudeOil remains range bound within its bullish triangle following last week's reversal from resistance. More detail in this week's Mars Market Update 👇 marscapitalpartners.com

Testing Final Support #Nasdaq / #NDX broke key 200-day SMA support and flushed lower. Last chance for the Bulls here as a weekly close back below the 26000 overlap invalidates the bullish outlook. Caveat emptor... marscapitalpartners.com

Testing Support #Nasdaq / #NDX held 200-day SMA support and remains trapped within a triangle consolidation. Bulls need to make a stand here and clear 50-day SMA resistance to confirm the bullish outlook. Trade back below the 26000 overlap invalidates the bullish outlook. More detail in this week’s Mars Market Update 👇 marscapitalpartners.com

Equality Support #SPX #Nasdaq recent decline has tagged near-term equality support, giving bulls a chance to make a stand and reverse the decline. Our base case remains for a final rally to new ATHs into year-end. Key trend support remains lower, towards the 200-day SMA. #CrudeOil testing overhead resistance within a bullish triangle consolidation. #ZB #TY bonds setting up for a potential bullish change in trend. More detail in this week’s Mars Market Update 👇 marscapitalpartners.com

Bullish Consolidation? #SPX #Nasdaq recent decline is likely incomplete and only part of a larger bullish consolidation. Ideally, an extension lower in wave (c) would set up a final rally into year-end. Key trend support remains lower, towards the 200-day SMA. #CrudeOil testing overhead resistance within a bullish triangle consolidation. #ZB #TY bonds setting up for a potential bullish change in trend. More detail in this week’s Mars Market Update 👇 marscapitalpartners.com

Irregular Top #Nasdaq / #NDX remains trapped within a triangle consolidation. The preferred path remains an extension lower towards 200-day SMA support for wave (c) of a bullish wave 4. Trade back below the 26000 overlap invalidates the bullish outlook. More detail in this week’s Mars Market Update 👇 marscapitalpartners.com

Irregular Top #SPX #Nasdaq recent push to new ATHs is likely a wave (b) head-fake top within a larger corrective consolidation. This “irregular top” warns that the big-picture rally remains incomplete, with a final wave 5 push to new ATHs still in view. Key trend support remains lower, towards the 200-day SMA. #CrudeOil remains trapped within a bullish triangle consolidation. #US10yr (#TYX) rates would still look best with a final push to new cycle highs, but it is not required. We remain alert to a big-picture change in trend. More detail in this week’s Mars Market Update 👇 marscapitalpartners.com

Grinding Higher #SPX #Nasdaq wedging into new ATHs as they approach equality resistance. A near-term inflection: a potential head-fake wave (b) top and deeper corrective decline, or a break above resistance to help confirm an ending wave 5 rally. #CrudeOil remains trapped within a triangle compression. #TYX #DXY near-term rallies are extended and at risk of correction. #Gold #Silver attempting to hammer out a tradable low, but it’s too early to call. More detail in this week’s Mars Market Update 👇 marscapitalpartners.com

Stalled at Resistance #SPX / #ES_F remains stalled below ATH resistance and risks a larger corrective decline (blue count) if it can't break higher (green count). Big-picture trend support remains at the 200-day SMA. #Nasdaq #NDX push to new ATHs risks stalling at equality resistance if we don't see upside follow through this week. #US10yr triangle breakout in rates appears incomplete. #CrudeOil remains trapped within a triangle consolidation. Read our complete analysis in this week’s Mars Market Update 👇 marscapitalpartners.com

Key Inflection #Nasdaq / #NDX hard test of ATH resistance. No evidence of a reversal but Bulls still need to clear ATHs to maintain the immediate bullish structure. The risk of failure is a larger blue wave 4 corrective decline towards key support at the 200-day SMA. marscapitalpartners.com

Key Inflection #SPX #Nasdaq hard test of ATH resistance. Bulls need to clear ATHs to maintain the immediate bullish structure or risk a larger blue wave 4 correction towards key support at the 200-day SMA. #US10yr #TNX rates breaking up and out of its triangle thrust. #DXY bull trend remains intact. #CrudeOil triangle consolidation or immediate bullish extension? More detail in this week’s Mars Market Update 👇 marscapitalpartners.com

#SPX #ES_F Bull Flag...

Bull Trend Intact #SPX #Nasdaq the corrective decline has set up the continued rally to new ATHs. Key bull trend support remains lower at the 200-day SMA, with the structure immediately bullish above last week’s lows. #CrudeOil stalled at equality resistance, setting up a larger triangle consolidation. #US10yr hard test of 5.0% resistance with no confirmation of a breakout or reversal. More detail in this week’s Mars Market Update 👇 marscapitalpartners.com