Monday, June 4, 2012
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, June 1, the S&P 500 closed @ 1278, and that was...
-2.0% BELOW its 12-Month moving average which stood @ 1318.
-0.9% BELOW its 40-Week moving average which stood @ 1275.
-5.8% BELOW its 10-Week moving average which stood @ 1387.
Therefore, the INTERMEDIATE-Term trend IS BEARISH
and the LONG-Term trend is NEUTRAL.
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