This daily chart of the ALSI Swix index sees the here and now at the turn into the 4th wave of the first Intermediate order downleg of the Primary [C] wave.
There is evident similarity between the Primary [A] and [C] waves.
The first 5-wave down leg of Primary [A] has wave 1 = wave 3 and a similar indication occurs for the corresponding pattern of Primary [C]..
Within this active wave 3 there are 5 legs of which the first and fifth are close to approaching exactly equal and the RSI is very oversold.
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