Monday, November 15, 2010

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


On
Friday November 12 the S&P 500 closed @ 1199, and that was...
  
   +7.5% ABOVE its 12-Month moving average which stood @ 1116.
   +6.3% ABOVE its 40-Week moving average which stood @ 1128.
   +2.8% ABOVE its 10-Week moving average which stood @ 1166.


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

No comments:

Post a Comment