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We are treating the decline from .9470 (which may have been a truncation) as a series of 1st and 2nd waves. 

This bearish count remains valid as long as price is below .9353.  It is also possible that the .9496-.8952 decline and .8952-.9344 rally are waves A and B in a larger correction.  Either way, we remain bearish as long as price is below .9344.