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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