Monday, May 6, 2013
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, May 2, the S&P 500 closed @ 1614, and that was...
+8.6% ABOVE its 12-Month moving average which stood @ 1487.
+9.7% ABOVE its 40-Week moving average which stood @ 1471.
+3.2% ABOVE its 10-Week moving average which stood @ 1565.
Therefore, the INTERMEDIATE-Term trend IS BULLISH
and the LONG-Term trend is UP.
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