Since Feb 2016 low in the midcap@2633--It has moved to current highs @3640... Midcap could be running into 5th (let say red wave -not shown or counted) within v-th blue wave-shown as question mark...which is within 5th Yellow Wave...so effectively we are into nested structure...5th red wave...within v-th blue wave...within 5th -Yellow Wave....& Seriously lot of...