Monday, January 24, 2011

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


On
Friday, January 21, the S&P 500 closed @ 1283, and that was...
  
   +10.8% ABOVE its 12-Month moving average which stood @ 1158.
   +11.3% ABOVE its 40-Week moving average which stood @ 1153.
     +3.0% ABOVE its 10-Week moving average which stood @ 1246.


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

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