Monday, February 13, 2012

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


On
Friday, February 10, the S&P 500 closed @ 1343, and that was...
  
    +5.9% ABOVE its 12-Month moving average which stood @ 1268.
    +7.1% ABOVE its 40-Week moving average which stood @ 1254.
    +4.2% ABOVE its 10-Week moving average which stood @ 1288.


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

No comments:

Post a Comment