Monday, April 23, 2012

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


On
Friday, April 20, the S&P 500 closed @ 1379, and that was...
  
    +5.6% ABOVE its 12-Month moving average which stood @ 1306.
    +8.4% ABOVE its 40-Week moving average which stood @ 1272.
    -0.3% BELOW its 10-Week moving average which stood @ 1382.


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


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