Monday, March 19, 2012

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


On
Friday, March 16, the S&P 500 closed @ 1404, and that was...
  
    +8.7% ABOVE its 12-Month moving average which stood @ 1292.
  +11.4% ABOVE its 40-Week moving average which stood @ 1261.
    +4.2% ABOVE its 10-Week moving average which stood @ 1348.


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


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