Monday, January 23, 2012

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


On
Friday, January 20, the S&P 500 closed @ 1315, and that was...
  
    +4.8% ABOVE its 12-Month moving average which stood @ 1255.
    +4.8% ABOVE its 40-Week moving average which stood @ 1255.
    +5.2% ABOVE its 10-Week moving average which stood @ 1250.


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

No comments:

Post a Comment