Monday, January 21, 2013

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



On
Friday, January 18, the S&P 500 closed @ 1486, and that was...
  
    +6.4% ABOVE its 12-Month moving average which stood @ 1396.
    +6.4% ABOVE its 40-Week moving average which stood @ 1397.
    +4.1% ABOVE its 10-Week moving average which stood @ 1427.


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

No comments:

Post a Comment