Monday, April 8, 2013

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



On
Friday, April 5, the S&P 500 closed @ 1553, and that was...
  
    +6.6% ABOVE its 12-Month moving average which stood @ 1457.
    +7.2% ABOVE its 40-Week moving average which stood @ 1449.
    +1.0% ABOVE its 10-Week moving average which stood @ 1538.


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




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