Monday, December 19, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, December 16, the S&P 500 closed @ 1220, and that was...
-1.5% BELOW its 12-Month moving average which stood @ 1238.
-3.1% BELOW its 40-Week moving average which stood @ 1259.
-1.3% BELOW its 10-Week moving average which stood @ 1236.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL.
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