Monday, February 21, 2011

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


On
Friday, February 18, the S&P 500 closed @ 1343, and that was...
  
   +13.1% ABOVE its 12-Month moving average which stood @ 1187.
   +15.0% ABOVE its 40-Week moving average which stood @ 1168.
     +4.4% ABOVE its 10-Week moving average which stood @ 1287.


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

No comments:

Post a Comment