Monday, March 21, 2011

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


On
Friday, March 18, the S&P 500 closed @ 1279, and that was...
  
   +6.7% ABOVE its 12-Month moving average which stood @ 1199.
   +7.5% ABOVE its 40-Week moving average which stood @ 1190.
    -2.1% BELOW its 10-Week moving average which stood @ 1306.


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

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