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Dow theory - by definition an uptrend has higher swing point...

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    Dow theory - by definition an uptrend has higher swing point highs and higher swing point lows.

    For this entire uptrend, no monthly swing point low has fallen below a previous monthly swing point low. The last monthly swing point low was 0.93. If it breaks below 0.93, then it less likely this uptrend will continue and more likely that a major consolidation or correction will ensue. No certainties only probabilities.
 
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