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.
"A lot of times, markets will repeat themselves," Gordon said. And if the market falls 21 percent from its all-time high in May 2015, that will bring the S&P 500 to about 1,670, he points out.