Andrew McElroy is Chief Analyst at Matrixtrade, author of the ebook 'Fractal Market Mastery' and producer of the 'Daily Edge.' The 'Daily Edge' is emailed before each US session and outlines actionable ideas, directional bias, and important levels in the S&P500. It also looks at 'What's Hot,' on any particular day, whether it is commodities, stocks, crypto, or forex. Andrew has developed a top-down proprietary system that starts with his weekend Seeking Alpha article focusing on the higher timeframes. Fract ...

Core Viewpoint - The S&P 500 experienced a significant drop of over 100 points last week, disrupting expectations for a strong year-end rally in 2025 [1] Group 1: Market Analysis - The decline in the S&P 500 may be linked to margin calls in silver, indicating potential volatility in the commodities market [1] - The article highlights the importance of a proprietary trading system developed over 15 years, which incorporates various analytical methods including fractals, Elliott Wave, and macroeconomic drivers [1] Group 2: Analyst Background - The chief analyst at Matrixtrade, Andrew McElroy, has extensive experience in market analysis and manages a family portfolio of stocks and ETFs [1]

Core Viewpoint - The S&P 500 has shown recent weakness but may have established a low point for a potential end-of-year rally, reminiscent of the 2021-2022 period when a rally failed [1] Group 1: Analyst Insights - Andrew McElroy, Chief Analyst at Matrixtrade, emphasizes a proprietary system developed over 15 years that incorporates fractals, Elliott Wave, and Demark exhaustion signals, along with macro drivers and market narrative analysis [1] - The 'Daily Edge' is a resource provided by McElroy that outlines actionable ideas, directional bias, and important levels in the S&P 500, as well as highlights on commodities, stocks, crypto, or forex [1] Group 2: Trading Strategy - The analysis includes a top-down approach starting with higher timeframes, indicating a comprehensive strategy for market analysis [1] - McElroy manages a family portfolio of stocks and ETFs, indicating a personal investment strategy aligned with his professional insights [1]

Market Overview - The S&P 500 index fell just short of reaching a new all-time high last week, with a notable unwinding of the rally observed on Friday [1] - Market movements showed a lack of decisive direction, as gains and losses were frequently reversed [1] Analyst Insights - Andrew McElroy, Chief Analyst at Matrixtrade, has developed a proprietary system for market analysis that incorporates fractals, Elliott Wave, and Demark exhaustion signals, along with macro drivers [1] - The system has been refined over 15 years and aims to provide a consistent edge in trading [1] - McElroy manages a family portfolio of stocks and ETFs, collaborating with his wife, who is also a contributor to Seeking Alpha [1]

Market Overview - The S&P 500 index has been gradually increasing, nearing an all-time high, just 25 points away [1] - Anticipation of a rate cut and a potential Santa rally are contributing to the positive market sentiment [1] Analyst Insights - Andrew McElroy, Chief Analyst at Matrixtrade, utilizes a proprietary top-down system for market analysis, incorporating fractals, Elliott Wave, and Demark exhaustion signals [1] - The analysis also considers macroeconomic drivers and the overall market narrative, developed over 15 years to provide a consistent trading edge [1] Trading Strategy - The 'Daily Edge' report produced by Andrew McElroy outlines actionable trading ideas, directional bias, and key levels in the S&P 500, along with insights into commodities, stocks, crypto, and forex [1] - The report is distributed before each US trading session, aiming to inform traders of current market conditions and opportunities [1]

Core Insights - The S&P 500 experienced significant price movements last week, despite a lack of notable events or catalysts driving these changes [1] Group 1: Market Analysis - The narrative surrounding the S&P 500 was described as strangely lacking in significant events or catalysts, indicating a disconnect between price movements and market drivers [1] - Andrew McElroy, Chief Analyst at Matrixtrade, utilizes a proprietary system that incorporates fractals, Elliott Wave, and Demark exhaustion signals, along with macro drivers and market narrative analysis [1] Group 2: Analyst Background - Andrew McElroy has developed a trading system over 15 years that aims to deliver a consistent edge in market analysis and trading strategies [1] - The 'Daily Edge' produced by McElroy provides actionable ideas, directional bias, and important levels in the S&P 500, as well as insights into commodities, stocks, crypto, and forex [1]

Market Performance - The S&P 500 (SPY) experienced a rally of over 2% in the first half of last week but lost most of those gains by Friday's close, indicating a "buy the rumour, sell the news" scenario related to the government reopening [1] Analyst Insights - Andrew McElroy, Chief Analyst at Matrixtrade, has developed a proprietary top-down system that incorporates fractals, Elliott Wave, and Demark exhaustion signals, along with macro drivers and market narrative analysis [1] - The 'Daily Edge' produced by Andrew provides actionable ideas, directional bias, and important levels in the S&P 500, focusing on various asset classes including commodities, stocks, crypto, and forex [1] Investment Strategy - The analysis system has been developed over 15 years and is designed to deliver a consistent edge in trading, reflecting a long-term bullish outlook [1]

Core Viewpoint - The S&P 500 has undergone its longest and largest correction since April, with significant calls and warnings about a potential crash, although some analysts believe the recent peak is not indicative of a market top [1]. Group 1: Market Analysis - The S&P 500 index reached a peak of 6920, which some analysts argue is not a definitive top for the market [1]. - The current market situation is analyzed using a proprietary system that incorporates fractals, Elliott Wave theory, and Demark exhaustion signals, alongside macroeconomic drivers [1]. Group 2: Analyst Background - Andrew McElroy, the Chief Analyst at Matrixtrade, has developed a trading system over 15 years that aims to provide a consistent edge in market analysis [1]. - The 'Daily Edge' is a publication that offers actionable ideas and insights into various market sectors, including commodities, stocks, crypto, and forex [1].

Market Overview - The week began with a significant upward movement in the market, reaching new highs, but reversed lower by Wednesday due to the Federal Reserve's comments dampening expectations for a rate cut in December [1] - By the end of the week, the S&P 500 index had closed lower, reflecting the market's reaction to the Fed's stance [1] Analyst Insights - Andrew McElroy, Chief Analyst at Matrixtrade, emphasizes 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] - The 'Daily Edge' report produced by McElroy provides actionable ideas, directional bias, and important levels in the S&P 500, as well as insights into commodities, stocks, crypto, and forex [1]

Core Insights - The S&P 500 has shown a mixed technical picture throughout October but has shifted to a bullish trend with signals culminating in a new all-time high reached last Friday [1] Group 1: Market Analysis - The technical indicators for the S&P 500 have improved, suggesting a positive market sentiment [1] - The recent break to new all-time highs indicates strong momentum in the market [1] Group 2: Analyst Background - Andrew McElroy serves as Chief Analyst at Matrixtrade and has developed a proprietary trading system over 15 years, incorporating various analytical methods such as fractals and Elliott Wave [2] - The 'Daily Edge' produced by Andrew provides actionable ideas and insights into market trends across different asset classes [2]