Monday, January 17, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, January 14, the S&P 500 closed @ 1293, and that was...
+11.5% ABOVE its 12-Month moving average which stood @ 1160.
+12.4% ABOVE its 40-Week moving average which stood @ 1151.
+4.5% ABOVE its 10-Week moving average which stood @ 1238.
Therefore, the INTERMEDIATE-Term trend IS BULLISH and the LONG-Term trend is BULLISH.
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