Updated Auction Market Analysis and Market Profile Trading Levels for the Week

Below are the weekly profile views of the four primary US stock indices and their respective support zones.

The trend is up until the initial support levels are broken. Short term levels are given for the stock index mini futures contracts.

NOTE: Resistance levels are not given because under our methodology there is presently no resistance above present levels.

Intermediate Term Support Levels – Profile View

Click on the chart for an enlarged view.

S&P: 1264-1253, 1192-1175, 1070-1048

Dow: 11596-11460, 11098-10962, 10192-10011

Naz 100: 2248-2210, 2159, 1844-1780

Russ 2000: 772-761, 707-696, 619-606

Shorter Term Support/Resistance Levels – Profile View

March S&P mini: Support; 1324-1322, 1318-1315, 1311-1308

March Naz mini: Support; 2368-2365, 2360-2355, 2343-2338

March Russ mini: Support; 816-814, 813-810, 805-802

March Dow mini: Support; 12138-12201, 12138

Tom Alexander is an expert in Market Profile. You can learn more at Alexander Trading.

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