Monday, May 23, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, May 20, the S&P 500 closed @ 1333, and that was...
+7.0% ABOVE its 12-Month moving average which stood @ 1246.
+7.0% ABOVE its 40-Week moving average which stood @ 1246.
+0.3% ABOVE its 10-Week moving average which stood @ 1329.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is BULLISH.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment