Monday, July 15, 2013

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



On
Friday, July 12, the S&P 500 closed @ 1680, and that was...
  
    +9.5% ABOVE its 12-Month moving average which stood @ 1534.
   +10.3% ABOVE its 40-Week moving average which stood @ 1523.
    +2.7% ABOVE its 10-Week moving average which stood @ 1636.


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



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