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Economic Insight > Blog > Finance > S&P 500: The Recovery Faces A Key Test – Week Starting 28th April (Technical Analysis)
S&P 500: The Recovery Faces A Key Test – Week Starting 28th April (Technical Analysis)
Finance

S&P 500: The Recovery Faces A Key Test – Week Starting 28th April (Technical Analysis)

EC Team
Last updated: April 28, 2025 12:16 am
EC Team
Published April 28, 2025
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This article was written by

Andrew McElroy is the chief analyst at MatrixTrade, author of the e-book “Fractal Market Mastery” and producer of “Daily Edge.” “Daily Edge” is emailed to you prior to each US session and provides an overview of the practical ideas, directional bias and key levels of the S&P500. Also, you’ll see “What’s Hot” on certain days, whether it’s a commodity, stock, crypto, or forex. Andrew has developed a top-down proprietary system that starts on the weekend. Fractal, Elliott waves, and Demark fatigue signals are all incorporated, as are macro drivers and market narrative analysis. This is more than a few lines on the chart. This is a system developed over 15 years and has been proven to provide a consistent edge. An independent trader since 2009, Andrew manages a family portfolio of stocks and ETFs whose wife and colleagues are looking for an Alpha Contributor Macro Girl.

Analyst Disclosure: I/We have a long position that is beneficial in VOO stock, either through inventory ownership, options, or other derivatives. I wrote this article myself and it represents my own opinion. I have not received compensation for it (other than asking for alpha). There is no business relationship with the companies mentioned in this article.

We are seeking disclosure of alpha: Past performance does not guarantee future results. No recommendations or advice is provided as to whether an investment is suitable for a particular investor. The above views and opinions may not reflect what we ask for alpha in general. It is not a licensed securities dealer, broker, or US investment advisor or investment bank to seek Alpha. Our analysts are third party authors that include both professional and individual investors who may not be licensed or accredited by the lab or regulatory body.

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