Monday, April 19, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday April 16th the S&P 500 closed @ 1192, and that was...
+9.8% ABOVE its 12-Month moving average which stood @ 1086.
+10.1% ABOVE its 40-Week moving average which stood @ 1083.
+3.9% ABOVE its 10-Week moving average which stood @ 1147.
Therefore, the INTERMEDIATE-Term trend IS BULLISH and the LONG-Term trend is BULLISH.
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