Monday, March 18, 2013

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



On
Friday, March 15, the S&P 500 closed @ 1561, and that was...
  
    +8.5% ABOVE its 12-Month moving average which stood @ 1438.
    +8.9% ABOVE its 40-Week moving average which stood @ 1433.
    +2.9% ABOVE its 10-Week moving average which stood @ 1516.


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


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