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 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]

Core Insights - The S&P 500 experienced significant volatility last week, with both bullish and bearish sentiments impacting market movements [1] Group 1: Market Analysis - The article discusses the fluctuating nature of the S&P 500, indicating that both sides of the market had opportunities and setbacks [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: Research and Tools - The 'Daily Edge' is a resource produced by Andrew McElroy, providing actionable ideas and important levels in the S&P 500, as well as insights into commodities, stocks, crypto, and forex [1] - The system developed by Andrew over 15 years aims to deliver a consistent edge in trading, focusing on higher timeframes and comprehensive market analysis [1]

Core Insights - Andrew McElroy serves as Chief Analyst at Matrixtrade and is the author of 'Fractal Market Mastery' [1] - The 'Daily Edge' is a newsletter that provides actionable ideas and market analysis for the S&P500, focusing on various asset classes [1] - McElroy utilizes a proprietary top-down system that incorporates fractals, Elliott Wave, and macroeconomic drivers, developed over 15 years [1] Company Analysis - Matrixtrade is focused on delivering consistent market insights through a structured analytical approach [1] - The firm emphasizes the importance of macro drivers and market narratives in its analysis [1] Market Trends - The 'Daily Edge' newsletter highlights current trends in commodities, stocks, crypto, and forex, indicating a broad market focus [1] - The use of advanced technical analysis tools suggests a sophisticated approach to market predictions and investment strategies [1]

Group 1 - President Trump characterized the government shutdown as an "unprecedented opportunity" to implement cuts to non-essential federal workers [1] - The market appears to view the shutdown similarly, seeing it as a chance to operate without the interference of data or jobs reports [1] Group 2 - Andrew McElroy, Chief Analyst at Matrixtrade, has developed a proprietary trading 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&P500, focusing on various asset classes including commodities, stocks, crypto, and forex [1] - The system has been refined over 15 years and is designed to deliver a consistent edge in trading [1]