Monday, April 4, 2011

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


On
Friday, April 1st, the S&P 500 closed @ 1332, and that was...
  
     +8.7% ABOVE its 12-Month moving average which stood @ 1226.
   +10.8% ABOVE its 40-Week moving average which stood @ 1202.
     +1.5% ABOVE its 10-Week moving average which stood @ 1313.


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

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