Has the run ended ?

Dow, Nasdaq and S&P dropped by about 1% at the close of Wednesday session.



Looking at the Dow, the last surge is too short to be a mini wave v. Very likely Dow is in mini wave iv as shown above

Similar conclusion can be applied to Nasdaq as shown below.



There is another possible wave count for Nasdaq as shown below.


So, the last run-up is not over yet but it should not last very long, if I am right. Watch out for the major wave C, it may begin before end of May.


.