Monday, October 28, 2013

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



On
Friday, October 25, the S&P 500 closed @ 1760, and that was...
  
  +10.1% ABOVE its 12-Month moving average which stood @ 1599.
   +8.4% ABOVE its 40-Week moving average which stood @ 1624.
   +3.9% ABOVE its 10-Week moving average which stood @ 1694.


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




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