Monday, February 7, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, February 4, the S&P 500 closed @ 1311, and that was...
+10.9% ABOVE its 12-Month moving average which stood @ 1182.
+13.3% ABOVE its 40-Week moving average which stood @ 1157.
+3.5% ABOVE its 10-Week moving average which stood @ 1266.
Therefore, the INTERMEDIATE-Term trend IS BULLISH and the LONG-Term trend is BULLISH.
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