Monday, September 24, 2012

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


On
Friday, September 21, the S&P 500 closed @ 1460, and that was...
  
    +7.5% ABOVE its 12-Month moving average which stood @ 1358.
    +7.2% ABOVE its 40-Week moving average which stood @ 1362.
    +3.2% ABOVE its 10-Week moving average which stood @ 1415.


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


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