Saturday, October 9, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday October 8th the S&P 500 closed @ 1165, and that was...
+6.1% ABOVE its 12-Month moving average which stood @ 1098.
+4.3% BELOW its 40-Week moving average which stood @ 1117.
+4.6% ABOVE its 10-Week moving average which stood @ 1114.
Therefore, the INTERMEDIATE-Term trend IS MODERATELY BULLISH and the LONG-Term trend is MODERATELY BULLISH.
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