Saturday, July 31, 2010
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday July 30th the S&P 500 closed @ 1102, and that was...
+1.9% ABOVE its 12-Month moving average which stood @ 1081.
-0.9% BELOW its 40-Week moving average which stood @ 1111.
+1.9% ABOVE its 10-Week moving average which stood @ 1081.
Therefore, the INTERMEDIATE-Term trend IS NEUTRAL and the LONG-Term trend is NEUTRAL.
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