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For much of the last decade bears have been claiming that the "historic," "unprecedented," and "reckless" experiments in financial engineering by global central banks, led by the FOMC, had produced the mother of all bubbles which would end badly. They were made to look foolish by the market's relentless upper 90 trajectory as 401k millionaires have ben minted by the truckload. I study technicals, and one thing that is fascinating is how much market price action follows unwritten rules. Price discovery follows patterns, sometimes in ways that nature itself is ordered. The presence of the Fibonacci ratio in nature is well-documented. Why is it there? We can't really explain it, but we also cannot ignore its existence. Consider another example from nature- the hurricane. We know that a hurricane has certain limiting factors. First, it must have plenty of warm water beneath and in front of it. The warmer the water, the stronger the storm *could* beco...