Monday, November 8, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday November 5th the S&P 500 closed @ 1226, and that was...
+9.5% ABOVE its 12-Month moving average which stood @ 1120.
+9.0% ABOVE its 40-Week moving average which stood @ 1125.
+6.0% ABOVE its 10-Week moving average which stood @ 1157.
Therefore, the INTERMEDIATE-Term trend IS BULLISH and the LONG-Term trend is BULLISH.
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