Dow has just closed with 268 points down (-2.6%) at 9870. It remains above its wave
A of 9816. But Nasdaq and S&P have closed below their respective wave
A.
Nasdaq sank 85 points (-3.8%) to close at 2135, which is 23 points below its wave
A.
And S%P gave up 33 points (-3.1%) to close at 1041, that is 9 points below its wave
A. 9 points lower may be marginal but I prefer to take it as an indication that we are already in wave
C of the major wave
II. Similarly for Dow, it is half way through its wave
C and I am looking at 9300 as the end of its wave
C of its major wave
II, another 670 points to go.
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