Monday, May 16, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, May 13, the S&P 500 closed @ 1338, and that was...
+7.3% ABOVE its 12-Month moving average which stood @ 1247.
+7.9% ABOVE its 40-Week moving average which stood @ 1240.
+0.9% ABOVE its 10-Week moving average which stood @ 1326.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL to Moderately BULLISH and the LONG-Term trend is BULLISH.
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