Monday, March 26, 2012

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


On
Friday, March 23, the S&P 500 closed @ 1397, and that was...
  
    +8.2% ABOVE its 12-Month moving average which stood @ 1291.
  +10.4% ABOVE its 40-Week moving average which stood @ 1265.
    +2.8% ABOVE its 10-Week moving average which stood @ 1359.


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


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