Monday, June 6, 2011
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, June 3, the S&P 500 closed @ 1300, and that was...
+3.5% ABOVE its 12-Month moving average which stood @ 1256.
+3.3% ABOVE its 40-Week moving average which stood @ 1259.
-2.4% BELOW its 10-Week moving average which stood @ 1332.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL to Moderately Bearish and the LONG-Term trend is BULLISH.
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