Monday, April 15, 2013

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



On
Friday, April 12, the S&P 500 closed @ 1589, and that was...
  
    +8.6% ABOVE its 12-Month moving average which stood @ 1463.
    +9.2% ABOVE its 40-Week moving average which stood @ 1455.
    +2.8% ABOVE its 10-Week moving average which stood @ 1545.


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



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