Saturday, October 30, 2010

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


On
Friday October 30 the S&P 500 closed @ 1183, and that was...
  
   +7.5% ABOVE its 12-Month moving average which stood @ 1101.
   +5.6% ABOVE its 40-Week moving average which stood @ 1121.
   +3.7% ABOVE its 10-Week moving average which stood @ 1141.


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

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