Monday, April 18, 2011

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


On
Friday, April 15, the S&P 500 closed @ 1320, and that was...
  
   +7.8% ABOVE its 12-Month moving average which stood @ 1224.
   +8.6% ABOVE its 40-Week moving average which stood @ 1215.
   +0.1% ABOVE its 10-Week moving average which stood @ 1319.


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

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