Preview
Markets finally got the catalyst they needed.
Tonight’s ceasefire announcement between the Trump administration and Iran has sparked the sort of move that can change the short-term character of this market very quickly. Equities responded exactly how you would expect when a major pocket of uncertainty gets lifted: aggressively, and all at once.
The bigger point, though, is that this rally did not come out of nowhere. The data was already getting very close to a proper turn. Tonight’s news may have simply been the final push that kicked off the move we had been waiting for. In the full update below, I go through the playbook, where the buy signals stood before tonight, what this changes, what still needs to be watched, and why I think this likely marks the beginning of the next leg higher.
(Note: Below is a summary of the Market Update Video for 04/07/2026, click here to watch the video update)