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Have we finished Wave 2?

121
most TAs agree that we finished Wave 1 at $9150.

That means that we either finished wave 2 at $8450, and we are on a wave 3; or it means we are still on a wave 2.

I have charted believing that wave 2 ended at $8450.

But... if we haven't ended wave 2, that means that wave A ended at $8450, we just finished wave B, and wave C will end around $8300 or possibly lower.

I just confirmed there are 5 waves down to from $9150 down to $8450, so it's a possibility that we are still on wave 2. How to confirm? If the price retraces below $8450, then we are for sure still on wave 2, because if we're on subwave 2 of wave 3, then subwave 2 cannot retrace below the start of subwave 1, which started at $8450.

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