Evidence That Dow Jones Moves Based On FOMC Releases
I can clearly see the support and resistance levels are formed STRICTLY based on the 8 hour chart and the FOMC releases.
Just the September FOMC release alone accounted for the support and resistance levels for up to 3 months.
Every 1/2 range expansion of the FOMC high/low represents a nice level to trade off of. These levels were planned out ahead of time.
Take a good look at the below screenshot of just ONE 8-hour candle for FOMC dictated the entire support and resistance levels, way ahead of time.
This entire Trump rally was planned ahead of time using September's FOMC levels.
Just the September FOMC release alone accounted for the support and resistance levels for up to 3 months.
Every 1/2 range expansion of the FOMC high/low represents a nice level to trade off of. These levels were planned out ahead of time.
Take a good look at the below screenshot of just ONE 8-hour candle for FOMC dictated the entire support and resistance levels, way ahead of time.
This entire Trump rally was planned ahead of time using September's FOMC levels.
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