Inflation is always, always a Milton Friedman quote.

What is tapering in trading?

A ends in a 0M at 2sd
B ends with single Zero around 62 LR or 1sd, B can be very short
C ends with a taper (0M) or a triple M or acceleration (single Zero) at 2sd

A full length ABC takes the 9-sample stoch oversold / overbouģt twice

When an ABC ends with a bang, don’t be rushing in in its original direction
Rember, a new serving would only be stopped by a 0M

1 ends with an MD (0M) beyond E-67
2 (rushed) ends with an S at 1 sd
2 (all out) ends with faking out the 2nd doji / 1sd
2 should come back through the far end of E67

3 ends with a taper (pushing back highs sold/lows bought multiple times) likely in the ATR box
4 (rushed) ends with an MD & sets up continuation divergence relative to 2
4 (all out) ends in a 0M by 2st & takes price oversold / overbought twice on stoch 9
4 (absorbed) may not register on the timeframe, but 5 could add on gains beyond what was reasonable from 3 (ATR +30% projection); the result could be short lived

5 ends with a bang – still shy of the record set by 3 (perhaps @ the 2sd failure line), likely with a no break extension

There would be good times coming, where all investments would yield measly returns, and the trader shall be king, so let the good times stroll…