Dow Jones Index (US30): Bullish Price Action Ahead of The News

Long

Dow Jones Industrial Average Index (BLACKBULL:US30)

BLACKBULL:US30 Dow Jones Industrial Average Index

supportandresistance parallelchannel rectangle us30 indexes dowjones nasdaq priceaction us30signal us30signals containsimage

In 1 hour, we are expecting US PPI report.
Ahead of the release of that data, I see a bullish price action on US30.

After a test of an intraday support, the Index started quite a long correction
within a narrow horizontal range.

Its resistance was broken with a strong bullish candle,
indicating the strength of the buyers.

The market may bounce.
Goal - 39600

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