Elliott Wave Predicts More Pain for the Dow

That common phrase, "Sell in May and go away" is likely┬áto be regurgitated on the financial news outlets over the next several months as the Dow Jones Industrial Average begins a deep and dark descent, according to our own Elliott Wave analysis. While the main catalyst for lower price lows is yet to be determined (trade war, summer selloff, political change, etc.), we do know that the initial equity market price decline in early 2018…

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