The Dow Is Down But Not Yet Out

By Mike Golembesky,ElliottWaveTrader.netThe Dow Jones Industrial Average has moved down close to 600 points off of the high that was struck on August 8 th  into August 21 st  lows. Now in percentage terms, this 600 point move is quite a small only representing a move of just 2.6%. In fact, at today’s close,