Elroy

The Matrix Daily Edge is published before each US session and outlines actionable ideas, directional bias, and important levels in the S&P500, commodities, crypto, and others. Free Trial - mailchi.mp/888cf8615120/f… Now also on Substack - matrixdailyedge.substack.com

Energy XLE chart from a few weeks back. Same view applies now

Just posted Tuesday's Daily Edge on Substack., which highlighted a 6764 target and how any dip should make higher lows with 6474. open.substack.com/pub/matrixdail… Today's Substack highlighted that dips should hold 6740. Low of the day 6740! open.substack.com/pub/matrixdail…

@ShortSeller This rally came from the channel re-test on Tuesday.

@ShortSeller The futures channel is cleaner and 3 bounces in futures have been exactly the same size

$SPY Dead cat (if im correct) has another 1.5% till top of channel - then see what Mr Market wants to do...

@Amber122587 @TriggerTrades late this year

@elroytrader @TriggerTrades When do you anticipate it to hit 5650? Thanks Elroy!

This is the official roadmap for the next 5 years. Read this carefully. Stage 1: 20% Correction. (2026) Stage 2: Blow-off top to 10,000. (2026–2030) Stage 3: Worst crash in stock market history. (2030+) This correction is the last great buying opportunity of the DECADE. The blow-off top hasn't happened yet. AI mania will fuel the last leg to 10,000. Then the bubble POPS. Here's what you do: Stack cash on this correction. Ride the blow-off top. Get out before 2030. When I call the bottom — YOU BUY. When I call the top — YOU SELL. By the time people realize I was right all along, it will be too late.

@ChristopherHale Cardinal McElroy? That has a ring to it.

Under Pope Leo XIV, Catholic opposition to the Iran war is building faster than any religious resistance movement in recent American history. Cardinal McElroy called it morally illegitimate. Bishops across the country followed. Here’s the emerging bipartisan coalition standing up against President Trump’s illegal and immoral war. thelettersfromleo.com/p/cardinal-mce…

Today's Daily Edge highlighted Apple #AAPL relative strength and the reasons why I am buying for a move to the 6800s open.substack.com/pub/matrixdail…

Gold had a nice set up on the daily to go with the monthly view. #GLD #XAUUSD

Posted this gold chart earlier today. The drop got very close to the 38% retrace common for wave 4.

SPX closed lower 5 Thursdays in a row. Today is just in the green in the last hour

The US Dollar is making a big drop today. Here's Monday's #DXY chart calling the reversal.

This is the link to today's Daily Edge. Subscribers got it 2hrs before the open and were prepared to buy the S&P500 at 6551, gold at $4550 and were warned of a drop in oil. open.substack.com/pub/matrixdail…

Today's Daily Edge was just sent out with a full plan on how to tackle the S&P500 at the daily 200sma, plus updates on oil, gold, silver and DAX. I'll publish it after lunch on Substack, but if you want it b4 the open, subscribe! mailchi.mp/888cf8615120/f…

Wednesday's Daily Edge was just posted on Substack, but subscribers received it 3 hours ago. It called a drop to 6668 in the SPX, a bounce in oil, and a buy for gold at 4841 open.substack.com/pub/matrixdail…

Oil #CL charts from yesterday's Daily Edge and today's Daily Edge

XLY/XLP

XLP, XLU, and value stocks are starting to slow. This is what I said on March 1st on Seeking Alpha, "This rotation has been playing out for several months now, but it is nearing extremes, and I expect it to unwind - at least partially - in March."