Sunday, March 7, 2010

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


On
Friday March 5th the S&P 500 closed @ 1139, and that was...
  
+7.3% ABOVE its 12-Month moving average which stood @ 1061.
+9.0% ABOVE its 40-Week moving average which stood @ 1045.
+3.0% ABOVE its 10-Week moving average which stood @ 1106.


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

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