Analyst Warns S&P 500 Could Struggle to Go Higher After Recovery

2019-2-16 15:30

Todd Gordon, a long-time stock analyst and the founder of TradingAnalysis. com, is “nervous” about the current state of the S&P 500. The index crashed just before Christmas to below 2350, but has affected a steady recovery in the meantime.

By press time it had gained 2% on its numbers 3 months ago. Gordon tells CNBC in a recent interview: The 200-day moving average right here — we have tried it once, twice, three, coming back on a fourth time. This is going to be a deadly battleground. I want to short it but I want to be very diligent and

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Источник: ccn.com

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