Monday, July 29, 2013

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



On
Friday, July 26, the S&P 500 closed @ 1692, and that was...
  
   +10.1% ABOVE its 12-Month moving average which stood @ 1536.
   +10.1% ABOVE its 40-Week moving average which stood @ 1536.
     +2.8% ABOVE its 10-Week moving average which stood @ 1645.


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




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