Tuesday, October 19, 2010

Dow - I think sub-wave iii of wave 3 has ended.





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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