Monday, August 27, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, August 24, the S&P 500 closed @ 1411, and that was...
+5.3% ABOVE its 12-Month moving average which stood @ 1340.
+5.3% ABOVE its 40-Week moving average which stood @ 1340.
+2.4% ABOVE its 10-Week moving average which stood @ 1378.
Therefore, the INTERMEDIATE-Term trend IS UP
and the LONG-Term trend is BULLISH.
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