Dario Mofardin

Founder & Head Trader at Mars Capital Partners. Interpreting global macro markets through market structure.

[Dario Mofardin @Trader_Mars]

#TYX #ZN_F US 10-year yields continue to correct within what appears to be the final stages of a larger triangle consolidation.
Ideal targets remain lower towards 200-day SMA support as we await a bigger picture triangle thrust higher in rates - an ending rally for this cycle.

The chart highlights the structural setup and the scenario we're monitoring for the next major move.

[Dario Mofardin @Trader_Mars]

#SPX and #Nasdaq are testing 50-day SMA support after a corrective decline.
This remains the key near-term inflection zone. Holding support keeps the bullish extension scenario alive, while a break below would increase the risk of a deeper decline.

The near term #ES_F chart outlines the scenarios we're watching.

[Dario Mofardin @Trader_Mars]

Explore our latest Market Update and technical analysis:

https://t.co/n6SIa3D9Bp

[Dario Mofardin @Trader_Mars]

#TYX #ZN_F US 10-year yields continue to correct within what appears to be the final stages of a larger triangle consolidation.
Ideal targets remain lower towards 200-day SMA support as we await a bigger picture triangle thrust higher in rates - an ending rally for this cycle.

The chart highlights the structural setup and the scenario we're monitoring for the next major move.

[Dario Mofardin @Trader_Mars]

Explore our latest Market Update and technical analysis:

https://t.co/n6SIa3D9Bp

[Dario Mofardin @Trader_Mars]

#SPX and #Nasdaq are testing 50-day SMA support after a corrective decline.
This remains the key near-term inflection zone. Holding support keeps the bullish extension scenario alive, while a break below would increase the risk of a deeper decline.

The near term #ES_F chart outlines the scenarios we're watching.

[Dario Mofardin @Trader_Mars]

Full Market Update and charts:

https://t.co/gFaT2XMdcs

#SPX #Nasdaq #DXY #TYX #EURUSD

The #Euro appears to be setting up a H&S top.

[Dario Mofardin @Trader_Mars]

Inflection

#SPX and #Nasdaq continue to hold 50-day SMA trend support. No confirmation of a tradable top, and the potential remains for an extension to new ATHs.

#TYX #ZN_F bonds remain trapped within triangle consolidations.

#DXY is testing resistance and threatening to break higher, while the #Euro tests key 1.14 support.

Several major markets sit at important inflection points.

[Mars Capital Partners @MCPResearch]

Underlying Inflation Risks

With the energy shock nearing a turning point, the question for CB's this week is whether inflation pressures are becoming more persistent.

#RBA #BoJ #BoE #FOMC meet this week.

Full Weekly Macro Outlook 👇

https://t.co/QmnO9WIu03

[Dario Mofardin @Trader_Mars]

Full Market Update and charts:

https://t.co/gFaT2XMdcs

#ES_F #SPX #Nasdaq #DXY #TYX #CrudeOil

[Dario Mofardin @Trader_Mars]

Near-Term Inflection

#SPX / #Nasdaq rallied strongly from 50-day SMA trend support, calling into question the bear reversal. A push to new ATHs invalidates the bear case and opens the door to another 5th wave extension higher.

Elsewhere:
• A near term corrective decline in the #DXY and #TYX likely sets up the bullish break higher.
• #CrudeOil approaches a key make-or-break zone for the bull case

Full Market Update 👇

[Dario Mofardin @Trader_Mars]

#SPX / #Nasdaq impulsive decline and break of near term support helps build the case for a bearish change in trend... Bears need to see downside follow through that breaks 50 day sma support.

Any push to new ATH's invalidates the bear case.

https://t.co/n6SIa3D9Bp

[Dario Mofardin @Trader_Mars]

Bear Reversal?
#SPX / #Nasdaq reversed sharply lower from measured upside targets, but bears still need to see downside follow-through and a break of near-term support to help confirm a tradable top.

Across markets:
• Our bullish outlook for the US$ (#DXY) and rates (#TYX) remains intact
• #CrudeOil remains trapped within a corrective consolidation, but the bigger-picture bullish outlook remains
• #Bitcoin has tagged minimum downside targets with new lows

Latest Update 👇
https://t.co/1Xx9YilrGS

[Mars Capital Partners @MCPResearch]

Central bank outlook.

Focus shifts to policy decisions & signalling as CB's again assess the inflation & growth impacts of the ongoing ME conflict.

This wk: #ECB, #BoC, US #CPI & #PPI ahead of next week's #FOMC.

Full Weekly Macro Outlook 👇

https://t.co/hHhIhnMjzJ

[Dario Mofardin @Trader_Mars]

Bear Reversal?
#SPX / #Nasdaq reversed sharply lower from measured upside targets, but bears still need to see downside follow-through and a break of near-term support to help confirm a tradable top.

Across markets:
• Our bullish outlook for the US$ (#DXY) and rates (#TYX) remains intact
• #CrudeOil remains trapped within a corrective consolidation, but the bigger-picture bullish outlook remains
• #Bitcoin has tagged minimum downside targets with new lows

Latest Update 👇
https://t.co/1Xx9YilrGS

[Dario Mofardin @Trader_Mars]

@GoldnGuitars Maybe like this? #SPX

[Dario Mofardin @Trader_Mars]

Hope Springs Eternal.
#SPX / #Nasdaq are approaching near-term upside targets. We remain alert to trend exhaustion and the risk of a bearish reversal, but still need to see confirmation of a change in trend.

Across markets:
• #CL_F / Crude Oil approaching support as we look for bullish continuation
• While near-term pullbacks remain possible, the bigger-picture bullish setup remains intact for rates, the US$, and energy markets (#TYX #DXY #CL_F)

Additional charts and market views below.
Latest Update 👇
https://t.co/1Xx9YilrGS

[Mars Capital Partners @MCPResearch]

Assessing labor market risks.

Amid elevated inflation, US #NFP for May will be an important input into the Fed’s June meeting and its assements of risks around the mandate.

This wk: #NFP, #ISMs, #FactoryOrders, #BeigeBook

Full Weekly Macro Outlook 👇

https://t.co/GB0AJ7B2U0

[Dario Mofardin @Trader_Mars]

#TYX #US10Y remain constructive within the bigger-picture bullish setup for rates, despite the potential for near-term consolidation or pullback.

[Dario Mofardin @Trader_Mars]

#CL_F approaching support as we continue to look for bullish continuation within the broader market setup.

[Dario Mofardin @Trader_Mars]

Rally extends, but reversal risk remains.
#SPX / #Nasdaq held near-term support and extended higher, but we continue to view this move as a likely ending wave. Buyer beware.

Across markets:
• #TYX / #US10Y remain range bound within triangle consolidations
• Bull setup in #DXY remains intact, though the near-term correction appears incomplete
• Looking for a resumption in the bull trend in rates and the US$
• #BTC warning of further downside risk in broader risk assets
Latest Update 👇
https://t.co/1Xx9YilrGS