Sunday, April 25, 2010

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


On
Friday April 23rd the S&P 500 closed @ 1217, and that was...
  
 +11.8% ABOVE its 12-Month moving average which stood @ 1086.
 +11.7% ABOVE its 40-Week moving average which stood @ 1083.
   +4.8% ABOVE its 10-Week moving average which stood @ 1147.


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

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