Monday, November 22, 2010

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


On
Friday November 19 the S&P 500 closed @ 1200, and that was...
  
   +7.5% ABOVE its 12-Month moving average which stood @ 1116.
   +6.1% ABOVE its 40-Week moving average which stood @ 1131.
   +2.1% ABOVE its 10-Week moving average which stood @ 1175.


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

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