Monday, October 15, 2012

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


On
Friday, October 12 the S&P 500 closed @ 1429, and that was...
  
    +4.6% ABOVE its 12-Month moving average which stood @ 1366.
    +3.9% ABOVE its 40-Week moving average which stood @ 1375.
    -0.4% BELOW its 10-Week moving average which stood @ 1434.


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


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