Technical trader Todd Gordon is betting on even more downside for the market after two tough weeks for the S&P 500.
Here’s why one trader thinks the market is headed lower from CNBC.
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Recent Comments
- Hans on BIG Resistance Numbers in the NASDAQ: “Whenever a sharp decline in a bull trend generates as much fear as the recent sharp setback (see the fantastic…” Aug 19, 22:38
- Tony C on BIG Resistance Numbers in the NASDAQ: “Thanks Todd appreciate your insight. I did have to laugh when I saw someone comment on the music. I thought…” Aug 17, 19:48
- greg on BIG Resistance Numbers in the NASDAQ: “thanks for the updates , I think the background music is very distracting especially for those hard of…” Aug 17, 10:25
- Tony Crom on Sector Rotation Report Weekly: I SPY with my little eye…: “Thank you for showing this relationship in SPY and IEF with RRG Julius. Always appreciate your thoughts!” Jul 30, 20:00
SPY
Buy to Open the Sept 15 241 Strike Puts
Sell to Open the Sept 15 236 Strike Puts
For this option spd trade, is market going to be bearish for the coming weeks?