Sunday, October 21, 2012

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


On
Friday, October 19, the S&P 500 closed @ 1433, and that was...
  
    +4.8% ABOVE its 12-Month moving average which stood @ 1367.
    +3.9% ABOVE its 40-Week moving average which stood @ 1379.
    -0.2% BELOW its 10-Week moving average which stood @ 1436.


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


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