Saturday, August 14, 2010

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


On
Friday August 13 the S&P 500 closed @ 1079, and that was...
  
   -0.2% BELOW its 12-Month moving average which stood @ 1081.
   -3.1% BELOW its 40-Week moving average which stood @ 1114.
   -0.6% BELOW its 10-Week moving average which stood @ 1086.


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

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