Monday, November 15, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday November 12 the S&P 500 closed @ 1199, and that was...
+7.5% ABOVE its 12-Month moving average which stood @ 1116.
+6.3% ABOVE its 40-Week moving average which stood @ 1128.
+2.8% ABOVE its 10-Week moving average which stood @ 1166.
Therefore, the INTERMEDIATE-Term trend IS MODERATELY BULLISH and the LONG-Term trend is BULLISH.
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