Saturday, June 19, 2010

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


On
Friday June 18th the S&P 500 closed @ 1118, and that was...
  
   +2.5% ABOVE its 12-Month moving average which stood @ 1090.
   +0.7% ABOVE its 40-Week moving average which stood @ 1110.
   -1.0% BELOW its 10-Week moving average which stood @ 1129.


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

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