Dow dropped about 90 points after 55 minutes of trading. It is possible that Monday's closing price of 11539 marked the end of mini-wave 3, the current down is the mini-wave 4. I am looking for 150 to 200 points for this mini-wave 4 pullback. The next surge of mini-wave 5 will complete the sub-wave iv at around 11800 level. The following sub-wave v is expected to bring Dow to 10719 or lower for a more than 1000 points drop to complete the wave 1 of major wave C. Sub-wave v is expected to take about five to six weeks to complete.
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