Monday, December 9, 2013

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



On
Friday, December 6, the S&P 500 closed @ 1805, and that was...
  
   +8.9% ABOVE its 12-Month moving average which stood @ 1658.
   +8.3% ABOVE its 40-Week moving average which stood @ 1666.
   +2.3% ABOVE its 10-Week moving average which stood @ 1764.


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





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