The S&P500 (NYSEARCA: SPY ) made another all-time high on Friday, but quickly dropped back again. This is by now familiar action as the rally has made little headway since the end of July. Momentum is clearly waning, but rather than consolidating and resting properly, theAndrew McElroy is Chief Analyst at Matrixtrade, author of the ebook 'Fractal Market Mastery' and producer of the 'Daily Edge.' The 'Daily Edge' is emailed before each US session and outlines actionable ideas, directional bias, and important ...