Analyst predicts S&P 500 correction to 5,484

Analyst Andrew McElroy predicts a significant correction in the S&P 500, potentially reaching 5,484. This forecast marks a shift from previous trends, suggesting a larger decline than seen in the past two years. McElroy utilizes a proprietary system that combines various market analysis techniques. He has been an independent trader since 2009 and manages a family portfolio with his wife. The article does not provide specific investment advice or recommendations. It emphasizes that past performance does not guarantee future results.