Saturday, September 18, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday September 17th the S&P 500 closed @ 1126, and that was...
+3.8% ABOVE its 12-Month moving average which stood @ 1084.
+1.0% ABOVE its 40-Week moving average which stood @ 1114.
+2.8% ABOVE its 10-Week moving average which stood @ 1095.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL. Both trends are much improved in September.
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