Coming from my previous idea:
Even they are both up waves, Wave 1 is buying wave and Wave 2 is a selling wave. How do I know?
Speed Index wave 1 normal speed index of 5.0 , wave 2 abnormal speed index 12.9 (Effort vs Result). The average speed Index is 7.5.
I hope you are Short.
That's exactly what David Weis book title "Trade is About to Happen" .
Enjoy!