ct dropped off into a range approximately between 45-60 for roughly three years, from 04 to 07, before it managed to come out of it for the first time in 07.

That's a long time in a small, small range.

This place in time is looking similar to the 04-07 period.

Who knows if it does a similar move and stays in this tight range for that long again...but it could.

You'll know it when you see it get above 90 or below 75.