Sunday, May 2, 2010

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


On
Friday April 30th the S&P 500 closed @ 1187, and that was...
  
   +9.3% ABOVE its 12-Month moving average which stood @ 1085.
   +8.4% ABOVE its 40-Week moving average which stood @ 1095.
   +1.5% ABOVE its 10-Week moving average which stood @ 1169.


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

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