Market Profile Indicates Markets are Still Bullish

Tom Alexander

Tom Alexander

From the perspective of Auction Market Analysis the US stock indices remain in a bullish position. The initial signal something could be awry regarding the immediate bullish case would be closes below the December lows to date that coincide with the High Volume Nodes (Value) from the November profile view.

Dec. Russell 2000

Russ MP 12.08.09

Dec. S&P mini

ES Daily 12.08.09

Dec. Nasdaq 100

Naz MP 12.08.09

Dec. Dow

YM MP 12.08.09

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SPYSPXDIAQQQQIWMStocksEconomic Policy