Monday, February 27, 2012

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


On
Friday, February 24, the S&P 500 closed @ 1366, and that was...
  
    +7.4% ABOVE its 12-Month moving average which stood @ 1272.
    +8.8% ABOVE its 40-Week moving average which stood @ 1255.
    +3.9% ABOVE its 10-Week moving average which stood @ 1314.


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

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