Market Movement Analysis - The S&P 500 experienced a typical pattern last week, characterized by a bounce on Monday, a drop on Thursday (the ninth consecutive drop), and a sell-off on Friday due to concerns over potential escalation of conflict in Iran [1] Analyst Profile - Andrew McElroy serves as Chief Analyst at Matrixtrade and is the author of 'Fractal Market Mastery' and producer of the 'Daily Edge' [1] - The 'Daily Edge' provides actionable ideas, directional bias, and key levels in the S&P 500, along with insights into commodities, stocks, crypto, and forex [1] - McElroy utilizes a proprietary top-down system developed over 15 years, incorporating fractals, Elliott Wave, and Demark exhaustion signals, alongside macro drivers and market narrative analysis [1]
Ominous Action (Technical Analysis)
Seeking Alpha·2026-03-29 20:00