Saturday, March 20, 2010

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday March 19th the S&P 500 closed @ 1160, and that was...
  
+8.9% ABOVE its 12-Month moving average which stood @ 1065.
+9.9% ABOVE its 40-Week moving average which stood @ 1055.
+4.4% ABOVE its 10-Week moving average which stood @ 1111.


Therefore, the INTERMEDIATE-Term trend IS Moderately BULLISH and the LONG-Term trend is BULLISH.

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