![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8PvvZqjx3qicqXPQadIEyZp_0ofR03sVz-DJw-Z-Hy_SuWjU8sLFGnkdCxMgUCymNOAsEtpcOQmV1JW9qZk-6Sd6gcLZ_Ir7V-DPxkGPnbMMSMQtbLhAkcZK_ueBr0dmp25P6i6veCqo/s400/pink-fresh-tulips.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhUH6-1isaPGupSbX-c6G8NzPDDPYGJRVTP_l2Gv9-iMYZ81Suwhl_WEcuIqIymZDDTnRl3tNMRh4kNQTvqh8KqcyAw0RhBWdfWK-KK1DsBKXSyvPmt6YHlolPZ8dRzWxTtAiigAivFdnw/s400/2Y101810.jpg)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBHCRKdLQey3KqKVuiAk38hWFI9auss6ugCnu6hgLFeEAEiYQpGidOsFGNRU0qgycbouzFm9qei4nTybXhT6lN9FrIKnkXc0d1zUsHfdzt9A3ZuYtFvqrpgwSPmYFWvTOJDLiW31T85Kk/s400/6M101810.jpg)
Dow dropped 135 points to 11,008 after half hour of trading. It appeared to me that sub-wave iii has ended. Sub-wave iv is expected to be completed within three to four day. Theoretically the low of sub-wave iv should not drop below the top of sub-wave i, that is 10,860.
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