Since the Australian investor seems more sensitive and attentive to European elections (even more so than Europeans themselves) as a reason to sell their shares, I have a list of future elections to be used as a guideline for selloffs on the ASX:
Lesotho May 26 Iceland June 30 Mongolia June Mexico Jul Mali Jul Venezela Oct Slovinia Oct USA Nov
For those waiting for the ASX to go up, as there are no foreign election scheduled for August, September or december,it appears there is a possible window of opportunity there for the ASX to go up. Keep your cash handy.