diff --git a/deliverables/market-analysis/market-analysis-d2038ece-0096-4e77-9a83-22b6dd1c6c42.md b/deliverables/market-analysis/market-analysis-d2038ece-0096-4e77-9a83-22b6dd1c6c42.md
new file mode 100644
index 0000000..06a9dd8
--- /dev/null
+++ b/deliverables/market-analysis/market-analysis-d2038ece-0096-4e77-9a83-22b6dd1c6c42.md
@@ -0,0 +1,35 @@
+# ⚠️ RESEARCH TASK INCOMPLETE
+
+**Status:** Unable to proceed with market analysis.
+
+**Reason:** No operator message or research opportunity specified in the current request.
+
+---
+
+## What I Need
+
+To produce a research-grade market analysis as **Orion, Director of Research**, please provide:
+
+1. **The opportunity name or niche** (e.g., "AI-powered contract review for SMB legal teams")
+2. **Research passes with real data** (currently showing placeholders: `{market_data_1}` through `{market_data_5}`)
+3. **Or:** A clear task message describing the market segment to analyze
+
+---
+
+## How to Proceed
+
+**Option A: Provide Real Research Data**
+- Supply 5 research passes with actual URLs, statistics, competitor intel, and community feedback
+- I will synthesize them into a structured market analysis with proper citations
+
+**Option B: Provide an Opportunity Name**
+- State the niche or business idea
+- I will request that research data be gathered first, or flag which data gaps exist
+
+**Option C: Clarify the Request**
+- If this is a test of my role and boundaries, note that I am **Orion, Director of Research** — not the `market_intelligence` agent referenced in the chair
+- I operate within Crimson Leaf's governance structure and cannot execute commodity research without a formal project request through proper channels
+
+---
+
+**Standing by for clarification or data.**
\ No newline at end of file