Dow dropped 106 points to 17,852. The up trend after mini wave 4 has only 3 minor waves, is Dow going for a 3-3-3-3-3 diagonal wave 5 ?
Or is it a failure mini wave 5 ?
If it is indeed a failure mini wave 5, then the question now is whether that marks the end of sub-wave i, or it is the end of wave (xiii). It is also possible that major wave (5) or the mega wave 1 has ended.
Dow has reached a very crucial turning point. Must monitor very closely.
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