Monday, October 31, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, October 28, the S&P 500 closed @ 1285, and that was...
+3.2% ABOVE its 12-Month moving average which stood @ 1245.
+0.9% ABOVE its 40-Week moving average which stood @ 1274.
+8.1% ABOVE its 10-Week moving average which stood @ 1189.
Therefore, the INTERMEDIATE-Term trend IS BULLISH and the LONG-Term trend is Neutral to Moderately BULLISH.
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