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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