Monday, December 20, 2010

Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis


On
Friday, December 17, the S&P 500 closed @ 1244, and that was...
  
   +9.8% ABOVE its 12-Month moving average which stood @ 1133.
   +9.0% ABOVE its 40-Week moving average which stood @ 1141.
   +3.1% ABOVE its 10-Week moving average which stood @ 1207.


Therefore, the INTERMEDIATE-Term trend IS MODERATELY BULLISH and the LONG-Term trend is BULLISH.

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