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The most recent low followed by a blue setup bar is either a 10 or 25-week cycle bottom. It is a divergent low similar to the low in the first half of 1998 in which prices dropped lower than the previous low, but the oscillator did not. Divergent moves are often followed by sizeable upmoves indicating the downtrend line of the wedge could be broken projecting a rise to 132 - 135.

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