Monday, November 7, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, November 4, the S&P 500 closed @ 1253, and that was...
+0.9% ABOVE its 12-Month moving average which stood @ 1242.
-1.6% BELOW its 40-Week moving average which stood @ 1274.
+5.6% ABOVE its 10-Week moving average which stood @ 1187.
Therefore, the INTERMEDIATE-Term trend is BULLISH and the LONG-Term trend is NEUTRAL.
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