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Same happens to me too and i just kinda stopped monitoring on a daily basis. Lowered utilization, score went down, then up, then a little down again. Paid off a card, TU went down (17 points) Had an inquiry 2 days ago, EX goes up 10 points. Go figure...
One thing I noticed is that once I got 20+ inquiries, my score stopped dropping when apping for new cards.