Monday, March 5, 2012

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


On
Friday, March 2, the S&P 500 closed @ 1370, and that was...
  
    +6.4% ABOVE its 12-Month moving average which stood @ 1287.
    +9.0% ABOVE its 40-Week moving average which stood @ 1256.
    +3.4% ABOVE its 10-Week moving average which stood @ 1324.


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


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