Sunday, October 3, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday October 1st the S&P 500 closed @ 1146, and that was...
+4.7% ABOVE its 12-Month moving average which stood @ 1095.
+2.8% ABOVE its 40-Week moving average which stood @ 1115.
+3.5% ABOVE its 10-Week moving average which stood @ 1107.
Therefore, the INTERMEDIATE-Term trend IS MODERATELY BULLISH and the LONG-Term trend is NEUTRAL.
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