Monday, January 17, 2011

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


On
Friday, January 14, the S&P 500 closed @ 1293, and that was...
  
   +11.5% ABOVE its 12-Month moving average which stood @ 1160.
   +12.4% ABOVE its 40-Week moving average which stood @ 1151.
     +4.5% ABOVE its 10-Week moving average which stood @ 1238.


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

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