Monday, July 11, 2011

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


On
Friday, July 8, the S&P 500 closed @ 1344, and that was...
  
    +5.6% ABOVE its 12-Month moving average which stood @ 1272.
    +5.0% ABOVE its 40-Week moving average which stood @ 1280.
    +2.3% ABOVE its 10-Week moving average which stood @ 1314.


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

No comments:

Post a Comment