Monday, March 14, 2011

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


On
Friday, March 11, the S&P 500 closed @ 1304, and that was...
  
     +8.4% ABOVE its 12-Month moving average which stood @ 1203.
   +10.0% ABOVE its 40-Week moving average which stood @ 1186.
     -0.1% BELOW its 10-Week moving average which stood @ 1305.


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

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