Sunday, October 21, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, October 19, the S&P 500 closed @ 1433, and that was...
+4.8% ABOVE its 12-Month moving average which stood @ 1367.
+3.9% ABOVE its 40-Week moving average which stood @ 1379.
-0.2% BELOW its 10-Week moving average which stood @ 1436.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL
and the LONG-Term trend is BULLISH.
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