Monday, November 4, 2013

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



On
Friday, November 1, the S&P 500 closed @ 1762, and that was...
  
   +8.5% ABOVE its 12-Month moving average which stood @ 1624.
   +8.0% ABOVE its 40-Week moving average which stood @ 1631.
   +3.4% ABOVE its 10-Week moving average which stood @ 1704.


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





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