Sunday, February 28, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday February 26th the S&P 500 closed @ 1104, and that was...
+5.5% ABOVE its 12-Month moving average which stood @ 1043.
+6.3% ABOVE its 40-Week moving average which stood @ 1028.
Right ON 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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