Monday, December 27, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, December 24, the S&P 500 closed @ 1257, and that was...
+10.7% ABOVE its 12-Month moving average which stood @ 1135.
+10.0% ABOVE its 40-Week moving average which stood @ 1143.
+3.4% ABOVE its 10-Week moving average which stood @ 1215.
Therefore, the INTERMEDIATE-Term trend IS MODERATELY BULLISH and the LONG-Term trend is BULLISH.
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