Monday, February 4, 2013

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



On
Friday, February 1, the S&P 500 closed @ 1513, and that was...
  
    +6.9% ABOVE its 12-Month moving average which stood @ 1416.
    +7.9% ABOVE its 40-Week moving average which stood @ 1402.
    +4.2% ABOVE its 10-Week moving average which stood @ 1452.


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


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