Monday, December 12, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, December 9, the S&P 500 closed @ 1255, and that was...
+1.0% ABOVE its 12-Month moving average which stood @ 1243.
-0.5% BELOW its 40-Week moving average which stood @ 1261.
+2.1% ABOVE its 10-Week moving average which stood @ 1229.
Therefore, the INTERMEDIATE-Term trend is NEUTRAL and the LONG-Term trend is NEUTRAL.
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