Monday, February 22, 2010

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


On
Friday February 19th the S&P 500 closed @ 1109, and that was...
  
+5.8% ABOVE its 12-Month moving average which stood @ 1048.
+7.3% ABOVE its 40-Week moving average which stood @ 1034.
+0.5% ABOVE its 10-Week moving average which stood @ 1104.


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

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