He did no such thing and you should state the truth.  Please, the statement by him was the low "may" with emphasis be in place so please adjust your statement below to reflect his actual comments. I like examining the historical stats but he made a case after the first pullback and subsequent bounce only to see new lows.  My suggestion is to incorporate such stats into your plan if you find useful. Again, all that matters is YOUR PLAN.   

I could show you many contras to simply only looking at  historical probabilities.  Such as, what were the FED actions and valuations at the previous lows?  Was the SPX already trading at 18x projected earnings that may need to be adjusted downward? He sites the last 40 years but excludes the last time inflation was this high and what unfolded in 1973 as a result. Never in history was there a planned QT of billions every month,  the only time it was attempted was in 2018 and the market puked. Have you examined what has transpired with consumer debt levels just the past few months? It's scary the amount of debt they have accumulated. See Michael Burry tweet from just this week for more details. 

So my point is to keep an open mind and respect the prevailing trend which is up until evidence changes. This has been the case since the first higher low after which projected a move to at least 4230 and also the 20p day MA.  I have stated ad nauseum over the past many days to monitor the rising channel just as a initial gauge which continues upward..  Refrain from getting emotional and spend time refining your approach as that's what matters to you. 

To conclude, the only thing that matters to you is your plan not what others say.  So focus on your trading style and adjust if necessary according to new evidence . Project, monitor, adjust.

Best wishes