Tuesday, January 3, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, December 30, the S&P 500 closed @ 1258, and that was...
+1.1% ABOVE its 12-Month moving average which stood @ 1244.
+0.0% ABOVE its 40-Week moving average which stood @ 1257.
+1.3% ABOVE its 10-Week moving average which stood @ 1242.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL.
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