Monday, February 28, 2011

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


On
Friday, February 25, the S&P 500 closed @ 1320, and that was...
  
   +11.6% ABOVE its 12-Month moving average which stood @ 1183.
   +12.5% ABOVE its 40-Week moving average which stood @ 1173.
     +2.0% ABOVE its 10-Week moving average which stood @ 1294.


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

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