I made a similar post awhile back detailing how Dow Jones moves and uses FOMC. Now I have a little more update, it is even clearer.

The purple highlighter is the FOMC release and the purple line is the price level it was released at.

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The November FOMC kickstarted the bull trend and since then, price has been defended from prior FOMC levels.

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Below I will show you what I am referring to.


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Chart PatternsTrend AnalysisWave Analysis

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