cemagraphics The S&P 500 ( SPY ) made a lower low, lower high and lower close this week for the first time since the beginning of September. My call for a pre-election drop may finally be unfolding, and I'm still looking for lower Andrew McElroy is Chief Analyst at Matrixtrade and author of the ebook 'Fractal Market Mastery.' He has developed a unique system of technical analysis combined with an evaluation of market drivers to make high probability calls on market direction and reversal points.
Andrew has been an independent trader since 2009 and manages a family portfolio of stocks and ETFs with his wife and fellow Seeking Alpha contributor Macrogirl. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions.
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