Tuesday, January 17, 2012

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


On
Friday, January 13, the S&P 500 closed @ 1289, and that was...
  
    +3.0% ABOVE its 12-Month moving average which stood @ 1251.
    +2.7% ABOVE its 40-Week moving average which stood @ 1255.
    +3.5% ABOVE its 10-Week moving average which stood @ 1245.


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

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