Monday, September 24, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, September 21, the S&P 500 closed @ 1460, and that was...
+7.5% ABOVE its 12-Month moving average which stood @ 1358.
+7.2% ABOVE its 40-Week moving average which stood @ 1362.
+3.2% ABOVE its 10-Week moving average which stood @ 1415.
Therefore, the INTERMEDIATE-Term trend IS UP
and the LONG-Term trend is BULLISH.
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