Monday, January 9, 2012

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday, January 6, the S&P 500 closed @ 1278, and that was...
  
    +2.3% ABOVE its 12-Month moving average which stood @ 1249.
    +1.7% ABOVE its 40-Week moving average which stood @ 1256.
    +3.0% ABOVE its 10-Week moving average which stood @ 1241.


Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL.

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