Monday, August 13, 2012

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


On
Friday, August 10, the S&P 500 closed @ 1406, and that was...
  
    +5.0% ABOVE its 12-Month moving average which stood @ 1339.
    +5.6% ABOVE its 40-Week moving average which stood @ 1331.
    +3.2% ABOVE its its 10-Week moving average which stood @ 1362.


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


No comments:

Post a Comment