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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