Monday, November 5, 2012

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


On
Friday, November 2, the S&P 500 closed @ 1414, and that was...
  
    +3.2% ABOVE its 12-Month moving average which stood @ 1371.
    +2.2% ABOVE its 40-Week moving average which stood @ 1384.
    -1.5% 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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