This pattern analysis of the hourly chart of the JSE ALSI (Swix) is also heading towards the completion of Minor wave 3. There has been scant clearance above Minor wave 1 for the accommodation of Minor wave 4, which is always required before Minor wave 5 arrives.
I always refer to the ALSI-Swix when pondering the general indices of the JSE. I find it gives less of the hysterics associated with the Top 40 and ALSI.
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