Monday, December 6, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday December 3rd the S&P 500 closed @ 1225, and that was...
+8.4% ABOVE its 12-Month moving average which stood @ 1130.
+7.8% ABOVE its 40-Week moving average which stood @ 1136.
+3.0% ABOVE its 10-Week moving average which stood @ 1189.
Therefore, the INTERMEDIATE-Term trend IS MODERATELY BULLISH and the LONG-Term trend is BULLISH.
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