Monday, September 2, 2013

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



On
Friday, August 30, the S&P 500 closed @ 1663, and that was...
  
   +5.4% ABOVE its 12-Month moving average which stood @ 1550.
   +3.9% ABOVE its 40-Week moving average which stood @ 1571.
   -2.0% BELOW its 10-Week moving average which stood @ 1666.


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




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