Monday, September 17, 2012

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday, September 14, the S&P 500 closed @ 1466, and that was...
  
    +7.9% ABOVE its 12-Month moving average which stood @ 1359.
    +8.2% ABOVE its 40-Week moving average which stood @ 1356.
    +4.4% ABOVE its 10-Week moving average which stood @ 1404.


Therefore, the INTERMEDIATE-Term trend IS UP 
and the LONG-Term trend is BULLISH.


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