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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment