Sub-wave iii to date was not dynamic, at best KNM would stop at 80 sen to form sub-wave iv as shown above. However, if Dow were to go into a major consolidation, KNM might take an A-B-C-D-E formation as shown below.
It is more likely that KNM is currently in wave E. It is not a must that wave E has to stop at 68 sen. Wave E is usually quite unpredictable, it can fall short of reaching 68 sen, it also can overshoot the support line and go lower than 68 sen.
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