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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.