Monday, December 6, 2010

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


On
Friday December 3rd the S&P 500 closed @ 1225, and that was...
  
   +8.4% ABOVE its 12-Month moving average which stood @ 1130.
   +7.8% ABOVE its 40-Week moving average which stood @ 1136.
   +3.0% ABOVE its 10-Week moving average which stood @ 1189.


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

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