Monday, March 21, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, March 18, the S&P 500 closed @ 1279, and that was...
+6.7% ABOVE its 12-Month moving average which stood @ 1199.
+7.5% ABOVE its 40-Week moving average which stood @ 1190.
-2.1% BELOW its 10-Week moving average which stood @ 1306.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL to Moderately Bearish and the LONG-Term trend is BULLISH.
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