Monday, April 29, 2013

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



On
Friday, April 26, the S&P 500 closed @ 1582, and that was...
  
    +8.2% ABOVE its 12-Month moving average which stood @ 1462.
    +7.9% ABOVE its 40-Week moving average which stood @ 1466.
    +1.8% ABOVE its 10-Week moving average which stood @ 1555.


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


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