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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