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Wednesday, September 2, 2020

Reviewing history upon the dollar when market crashes happened

         What I found was interesting when examining the dollar just before September 29, 2008 and on February 20, 2020.       That the dollar was stable for about 3 to 4 weeks before these crashes happened.   

         The day when these crashes happened the dollar ended up increasing from the day before.         Throughout August the dollar was holding itself between 93. and 92.         Was just checking what the dollar was doing on the early morning of September 3rd, 2020 and it was moving upward and so it might be signaling that a correction is upon us.          Way too many signs of indication and if you haven't read this post that I had put up last night at 11:13 pm PST or the one a few days ago on August 31st, 2020.         That we had mentioned about the US major stock markets going through a correction either on September 2nd or the 3rd 2020.         Coming across that detail information on what the dollar was doing on the early morning way before the US stock markets had opened for Thursday, September 3rd, 2020 and knew that the correction had begun.     This morning I had added extra funds into my account invest into something that has fallen below the 40 percent threshold on the Relative Strength Index.       Here is the link to that blog on August 31 2020 at: https://stockmarketresearchnewsletterreport.blogspot.com/2020/08/gaging-in-how-these-us-stock-market.html.        

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