S&P 500: From One Extreme To Another And No End In Sight (Technical Analysis)

Group 1 - The recent week experienced significant declines in tech stocks, metals, and cryptocurrencies, with the S&P 500 index at one point being only 3% off its lowest level [1] - Andrew McElroy, Chief Analyst at Matrixtrade, utilizes a proprietary system developed over 15 years that incorporates fractals, Elliott Wave, and macro drivers to analyze market trends [1] - The 'Daily Edge' report produced by McElroy provides actionable ideas and insights into various asset classes, including commodities, stocks, crypto, and forex [1] Group 2 - The analyst has reduced long-term holdings in VOO and VGT but maintains some positions, anticipating a market recovery by 2027 [2]