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Jim Wyckoff

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U.S. Stock Indexes: “Sell in May and Go Away” Ringing True, So Far

May 10, 2019 by Jim Wyckoff

The U.S. stock indexes this week saw their near-term price uptrends at least temporarily negated amid significant selling pressure that drove the indexes to four-week lows. There are now early chart clues the stock indexes have put in near-term market tops. The old trading adage “sell in May and go away” is so far ringing true. Recent history shows the stock market bulls have been resilient, but they need to step up and show some real power very soon to restart the price uptrends. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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