Monday, November 21, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, November 18, the S&P 500 closed @ 1216, and that was...
-1.7% BELOW its 12-Month moving average which stood @ 1237.
-4.2% BELOW its 40-Week moving average which stood @ 1269.
+0.3% ABOVE its 10-Week moving average which stood @ 1212.
Therefore, the INTERMEDIATE-Term trend is NEUTRAL and the LONG-Term trend is NEUTRAL.
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