Evidence That Dow Jones Moves Based On FOMC ReleasesI 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.