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.


No comments:

Post a Comment