Monday, March 7, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, March 4, the S&P 500 closed @ 1321, and that was...
+9.5% ABOVE its 12-Month moving average which stood @ 1206.
+12.0% ABOVE its 40-Week moving average which stood @ 1180.
+1.5% ABOVE its 10-Week moving average which stood @ 1301.
Therefore, the INTERMEDIATE-Term trend IS BULLISH and the LONG-Term trend is BULLISH.
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