Monday, June 24, 2013

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



On
Friday, June 21, the S&P 500 closed @ 1592, and that was...
  
    +5.8% ABOVE its 12-Month moving average which stood @ 1505.
    +5.5% ABOVE its 40-Week moving average which stood @ 1509.
    -1.7% BELOW its 10-Week moving average which stood @ 1620.


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


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