Daily Edge
Search documents
S&P 500: A Big Drop In Slow Motion (Technical Analysis)
Seeking Alpha· 2026-03-08 21:30
Core Insights - The article highlights Andrew McElroy's expertise as Chief Analyst at Matrixtrade, focusing on actionable trading ideas and market analysis for the S&P500 [1] Group 1: Analyst Profile - Andrew McElroy is the Chief Analyst at Matrixtrade and has authored the ebook 'Fractal Market Mastery' [1] - He produces the 'Daily Edge,' which provides insights before each US trading session, including market direction and key levels [1] - McElroy utilizes a proprietary top-down system developed over 15 years, incorporating fractals, Elliott Wave, and macroeconomic drivers [1] Group 2: Trading Strategy - The 'Daily Edge' covers various asset classes, including commodities, stocks, crypto, and forex, identifying what is trending on a given day [1] - The analysis is based on higher timeframes, focusing on macro drivers and the overall market narrative [1] - The system aims to deliver a consistent trading edge, reflecting McElroy's independent trading experience since 2009 [1]
S&P 500: Best Case Scenario? Another Failed Rally (Technical Analysis)
Seeking Alpha· 2026-02-22 21:00
Market Performance - The S&P 500 broke below the range lows at the start of the week but recovered to close around 1% higher by the end of the week, marking another failed breakdown, the third of 2026 [1] Analyst Insights - Andrew McElroy, Chief Analyst at Matrixtrade, has developed a proprietary system over 15 years 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 emphasizes a top-down approach starting with higher timeframes, aiming to deliver a consistent edge in trading [1]
S&P 500: From One Extreme To Another And No End In Sight (Technical Analysis)
Seeking Alpha· 2026-02-08 21:00
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]
S&P 500: This Rally Needs A Blow Off (Technical Analysis)
Seeking Alpha· 2026-01-25 21:00
Market Performance - The S&P 500 experienced a volatile week, dropping 2.18% due to the Greenland escalation before recovering and settling back within the previous week's range [1] Analyst Insights - Andrew McElroy, Chief Analyst at Matrixtrade, utilizes a proprietary top-down system developed over 15 years, incorporating fractals, Elliott Wave, and Demark exhaustion signals, along with macro drivers and market narrative analysis [1] Daily Edge - The 'Daily Edge' is a resource provided by Andrew McElroy, offering actionable ideas, directional bias, and important levels in the S&P 500, as well as insights into commodities, stocks, crypto, or forex [1]
S&P 500: Last Week's Sellers 'Guessed' Correctly About Venezuela (Technical Analysis)
Seeking Alpha· 2026-01-04 21:00
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]
S&P 500: Enjoy The Rally, It May Be The Last (Technical Analysis)
Seeking Alpha· 2025-12-21 21:00
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]
S&P 500: The December Inflection (Technical Analysis)
Seeking Alpha· 2025-12-14 21:00
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]
S&P 500: Sell Strength (Technical Analysis)
Seeking Alpha· 2025-12-07 21:00
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]
S&P 500: One Step Closer To The End (Technical Analysis)
Seeking Alpha· 2025-11-23 21:00
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]
S&P 500: That Ain't A Top (Technical Analysis)
Seeking Alpha· 2025-11-02 20:00
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]