Buyers Dominate as Dow Micro Futures Push Higher
- Price Above Moving Average: The current price is trading above the midline of the Bollinger Bands, showing bullish momentum.
- Bands Expanding Upward: The Bollinger Bands are sloping upward, indicating increasing volatility in the direction of the trend.
- Price near Upper Band: Price is near or hugging the upper band, which often signals strong bullish continuation.
- Immediate Support: Around the middle Bollinger Band (~44,500 zone).
- Next Resistance: Near recent highs around 45,100 – 45,200 area. If broken, this could trigger a breakout continuation.
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