Sunday, March 14, 2010

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


On
Friday March 12th the S&P 500 closed @ 1150, and that was...
  
+8.2% ABOVE its 12-Month moving average which stood @ 1063.
+9.5% ABOVE its 40-Week moving average which stood @ 1050.
+3.7% ABOVE its 10-Week moving average which stood @ 1109.


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

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