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Thursday, February 25, 2021

Still this correction had begun upon some of the three US major stock boards, the pattern fits to President Biden's $1.9 trillion bill.

       After the stock market had closed today I noticed in how the US dollar had fallen from its sudden rise from 6:25 am EST this morning.    Even though the dollar had a slight decline about a half an hour ago, its still pushing itself up further.      Examining the three major US stock market boards against the Relative Strength Index with the NASDAQ leading the way heading down.      Having it hit at 37.75 percent, the S & P 500 hitting at 45.76 percent and the DOW at just 54.50 percent when these three stock market boards closed today 2/25/21.       When most corrections happen these three stock market boards are usually around near the same area with them just a percentage away from one another on the Relative Strength Index.      With this $1.9 trillion dollar bill that President Biden is trying to get it through, is seeing issues with the 5 year increase on minimum wage going up to $15 an hour by the year of 2025.

       The American people were in favor of this bill by 70 percent, our infrastructure can use some major upgrades, look at how Texas went through those power issues.     Stock markets are showing this pattern nearly right after the Republicans had decided not to impeach Trump for a second time.

      Even though their have been many Republican mayors urging to have both parties to pass this bill and so this pattern fits to the issues in trying to get this bill passed to how the stock market is performing.

      In recent talks about when these stimulus checks of $1400 would be issued were looking at between the first and second week of March.     Now the pattern is showing from the Relative Strength Index approximately that these stock market corrections would begin showing signs of markets beginning to rise once again.      Stimulus check update, here is the stock futures: DOW is up by .06 percent, the S & P 500 is up by .09 percent and the NASDAQ is down by .27 percent at 6:20 pm PST.      The US dollar has recently fallen by .12 cents from when it was at $90.37 at 8:23 pm EST.      With it at $90.25 at 9:11 pm EST, even a couple of investments were starting to go into the negative around 10/16/20 when the stock market boards were falling.      Here is another update on the stock futures: DOW is up by .19 percent, the S& P 500 is up by .27 percent and the NASDAQ is down by .01 percent at 7:29 pm PST.

       The US dollar has fallen down to $90.19 at 10.21 pm EST, our investment had loss $190.83 and here is another update on the stock futures: DOW is down by .07 percent, the S & P 500 is down by .01 percent and the NASDAQ is down by ..36 percent at 8:09 pm PST.      The US dollar has been climbing since 9:31 pm EST with it at $90.29 at 11:01 pm EST.

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