Monday, May 14, 2012

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


On
Friday, May 11, the S&P 500 closed @ 1353, and that was...
  
    +2.8% ABOVE its 12-Month moving average which stood @ 1316.
    +5.8% ABOVE its 40-Week moving average which stood @ 1279.
    -2.3% BELOW its 10-Week moving average which stood @ 1385.


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


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