Monday, October 24, 2011

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


On Friday, October 21, the S&P 500 closed @ 1238, and that was...
  
    -0.1% BELOW its 12-Month moving average which stood @ 1236.
    -2.8% BELOW its 40-Week moving average which stood @ 1274.
    +5.6% ABOVE its 10-Week moving average which stood @ 1173.


Therefore, the INTERMEDIATE-Term trend IS NEUTRAL to Moderately BULLISH and the LONG-Term trend is BEARISH.



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