Monday, April 2, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, March 30, the S&P 500 closed @ 1408, and that was...
+8.9% ABOVE its 12-Month moving average which stood @ 1293.
+11.1% ABOVE its 40-Week moving average which stood @ 1268.
+3.0% ABOVE its 10-Week moving average which stood @ 1368.
Therefore, the INTERMEDIATE-Term trend IS BULLISH
and the LONG-Term trend is BULLISH.
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