Monday, October 1, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, September 28, the S&P 500 closed @ 1441, and that was...
+6.3% ABOVE its 12-Month moving average which stood @ 1355.
+5.5% ABOVE its 40-Week moving average which stood @ 1366.
+1.3% ABOVE its 10-Week moving average which stood @ 1422.
Therefore, the INTERMEDIATE-Term trend IS UP
and the LONG-Term trend is BULLISH.
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