ES - Megaphone

149
Longer-Term Trend for 3.

Only the FED can delay the 3rd test of the Megaphone.

13.6 years from the prior test (2) would be on time.

It will appear impossible to most, understandable.

There is an intermediate Trend Line and count for the
Longer-Term Trend.

This will appear in the next commentary.

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Kondratieff Winter was held at bay with loose monetary
policy for 20 years.

It's here.

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