Stocks may be bouncing Tuesday, but if history repeats itself, the market is going way lower.
So argues technical analyst Todd Gordon. Gordon says the closest antecedent to the current stock market pain came in 2011, when it fell 21 percent from its high in May to its low in October.
Hi Todd ,
Still do you think we can see S&P is headed to 1,670 ?
Hi Qasem – yes I do think we’re headed towards 1670, but please have a listen to the video from today (Wednesday Feb 24th) as I describe the long and winding path we’re likely to take on the way there.