Monday, May 2, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, April 29, the S&P 500 closed @ 1364, and that was...
+10.9% ABOVE its 12-Month moving average which stood @ 1230.
+11.0% ABOVE its 40-Week moving average which stood @ 1229.
+3.1% ABOVE its 10-Week moving average which stood @ 1322.
Therefore, the INTERMEDIATE-Term trend IS BULLISH and the LONG-Term trend is BULLISH.
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