(GET READY). DIA is right above the 50DMA for FOMC

שלשום

DIA has had a solid sell off ever since we made new all-time highs on December 4 look at that 35 EMA (the red line) We’ve been trading underneath at the entire time and right now as I’m posting this about an hour and a half before FOMC we’re sitting right at that level. It is a critical level. We’re also sitting right on top of the 50 day moving average and then on the Green side of the weeks trading range we have the one hour 200 moving average and the 30 minute to removing average so you should know all of those levels. You should have them on your chart and the top of the implied move is 445 on the lower side It’s 432.

GL