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Do you still think we already had the b and c wave of B and are now in C? Is it possible this current drop is actually the b of B?

Yes, it could be.

So is this drop actually the minor drop b of B or the big drop of C?

At this point in time it's impossible to tell.

Does the TA factor in shorts and futures also?

Read the thread. No point of answering the same question time and time again.

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