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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