Monday, January 31, 2011

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


On
Friday, January 28, the S&P 500 closed @ 1276, and that was...
  
   +10.3% ABOVE its 12-Month moving average which stood @ 1157.
   +10.6% ABOVE its 40-Week moving average which stood @ 1154.
     +1.8% ABOVE its 10-Week moving average which stood @ 1254.


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

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