Examining the Relative Strength Index against the three major US stock market boards

       One out of the three US stock market boards is closer to bottoming out, with the other two following in suit.      The DOW at the moment has fallen on the Relative Strength Index to 38.95 percent and with the US stock market boards going through this coming week.     We are still looking at most of the days for these three stock boards to decline some more.      The S & P 500 stock board at the moment is at 43.27 on the Relative Strength Index.       Here is the stock futures looking going into Monday with all three of the US stock market boards down: DOW is down by .24 percent, the S & P 500 is down by .36 percent and the NASDAQ is down by .52 percent at 5:42 pm PST.      The NASDAQ recently has gone below the 50 percent area on the Relative Strength Index that has fallen down to 49.81 percent.

        With the NASDAQ at a negative on the history line of -34.93 with it showing the blue line fallen under the red line.       Seeing that it has only been in the negative for two stock market trading days, we could be seeing the MACDs hanging with the red line still in control for at least 8 to 14 trading days.

        When these boards drop when they are going through a correction usually see them leveling out near the same area on the Relative Strength Index.      So then the S & P 500 and the NASDAQ are looking at seeing them falling a bit more than the DOW on the Relative Strength Index.       Here is another update on the stock futures: DOW is down by .20 percent, the S & P 500 is down by .29 percent and the NASDAQ is down by .40 percent at 6:03 pm PST.        The history line on the DOW is showing a negative of -137.80 with the red line holding itself above the blue line.       The DOW has seen the red line staying above the blue line for the last 10 trading days on the stock market on the MACDs.

       Now to the S & P 500 in how its looking against the MACDs with the history showing negative for the last three days.      With the red line above the blue line and the history line at negative of -14.07 on the MACDs and so we are looking at these three boards to see them bottoming out around 2/5/21 or on 2/8/21.      Here is another update on the stock futures: DOW is down by .13 percent, S & P 500 is down by .23 percent and the NASDAQ is down by .37 percent at 6:20 pm PST.