Monday, October 17, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, October 14, the S&P 500 closed @ 1225, and that was...
-0.9% BELOW its 12-Month moving average which stood @ 1236.
-4.0% BELOW its 40-Week moving average which stood @ 1275.
+4.9% ABOVE its 10-Week moving average which stood @ 1167.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL to Moderately BULLISH and the LONG-Term trend is BEARISH.
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